BME:REN

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Renta Corporación Real Estate

Executive Summary

Renta Corporación Real Estate, S.A. engages in the acquisition, refurbishment, and sale of real estate properties in the cities of Barcelona and Madrid. More Details


Snowflake Analysis

Undervalued with high growth potential.

Share Price & News

How has Renta Corporación Real Estate's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: REN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.2%

REN

5.3%

ES Real Estate

0.9%

ES Market


1 Year Return

-54.6%

REN

-9.3%

ES Real Estate

-20.2%

ES Market

Return vs Industry: REN underperformed the Spanish Real Estate industry which returned -9.7% over the past year.

Return vs Market: REN underperformed the Spanish Market which returned -22.3% over the past year.


Shareholder returns

RENIndustryMarket
7 Day4.2%5.3%0.9%
30 Day0.3%7.5%-2.1%
90 Day-7.7%7.7%-7.4%
1 Year-54.2%-54.6%-9.0%-9.3%-17.5%-20.2%
3 Year-42.5%-44.2%-13.6%-16.0%-19.4%-26.8%
5 Year-1.3%-4.1%-9.7%-18.3%-15.8%-29.0%

Price Volatility Vs. Market

How volatile is Renta Corporación Real Estate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Renta Corporación Real Estate undervalued compared to its fair value and its price relative to the market?

3.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: REN (€1.63) is trading below our estimate of fair value (€1.69)

Significantly Below Fair Value: REN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: REN is good value based on its PE Ratio (3.1x) compared to the ES Real Estate industry average (21.6x).

PE vs Market: REN is good value based on its PE Ratio (3.1x) compared to the Spanish market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: REN is good value based on its PEG Ratio (0.1x)


Price to Book Ratio

PB vs Industry: REN is good value based on its PB Ratio (0.7x) compared to the ES Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Renta Corporación Real Estate forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

34.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: REN's forecast earnings growth (34.6% per year) is above the savings rate (1.3%).

Earnings vs Market: REN's earnings (34.6% per year) are forecast to grow faster than the Spanish market (31.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: REN's revenue (12.7% per year) is forecast to grow faster than the Spanish market (6.2% per year).

High Growth Revenue: REN's revenue (12.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: REN's Return on Equity is forecast to be high in 3 years time (20.5%)


Next Steps

Past Performance

How has Renta Corporación Real Estate performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REN has high quality earnings.

Growing Profit Margin: REN's current net profit margins (12.6%) are lower than last year (14.8%).


Past Earnings Growth Analysis

Earnings Trend: REN's earnings have declined by 11.3% per year over the past 5 years.

Accelerating Growth: REN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: REN had negative earnings growth (-24.1%) over the past year, making it difficult to compare to the Real Estate industry average (-4.3%).


Return on Equity

High ROE: REN's Return on Equity (14.5%) is considered low.


Next Steps

Financial Health

How is Renta Corporación Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: REN's short term assets (€95.2M) exceed its short term liabilities (€51.1M).

Long Term Liabilities: REN's short term assets (€95.2M) exceed its long term liabilities (€44.2M).


Debt to Equity History and Analysis

Debt Level: REN's debt to equity ratio (110.7%) is considered high.

Reducing Debt: REN's debt to equity ratio has increased from 82.2% to 110.7% over the past 5 years.

Debt Coverage: REN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: REN's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Renta Corporación Real Estate current dividend yield, its reliability and sustainability?

3.08%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate REN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate REN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if REN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if REN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: REN is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REN's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Luis Hernandez de Cabanyes

no data

Tenure

€270,000

Compensation

Mr. Luis Hernández De Cabanyes is the Founder of Renta Corporación Real Estate, S.A., and serves as its Chairman and Managing Director. Mr. Cabanyes is the Founder of Fundación Privada Renta Corporación an ...


CEO Compensation Analysis

Compensation vs Market: Luis Hernandez's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD316.17K).

Compensation vs Earnings: Luis Hernandez's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Luis Hernandez de Cabanyes
Executive Chairmanno data€270.00k18.43%
€ 9.6m
David Balta
Vice-Executive Chairman & CEOno data€345.00k0.29%
€ 149.6k
Paula Cid
Financial Director2.33yrsno datano data
Alicia Lacarta Antiga
Director of Legal Departmentno datano datano data
Cristina Sánchez
Marketing Director2.33yrsno datano data
Antonio Guarner
Expansion & International Operations Directorno datano datano data
José María Cervera Prat
Corporate GM & Non-Director Board Secretaryno datano datano data
María José Sendra Cuesta
Barcelona Buildings Directorno datano datano data
Cristina López-Pinto
Barcelona Acquisition Directorno datano datano data
Lurdes Ricart Vives
Director of Planning2.33yrsno datano data

2.3yrs

Average Tenure

Experienced Management: REN's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Luis Hernandez de Cabanyes
Executive Chairmanno data€270.00k18.43%
€ 9.6m
David Balta
Vice-Executive Chairman & CEOno data€345.00k0.29%
€ 149.6k
Baldomero Falcones Jaquotot
Representing Director4.42yrsno datano data
Blas Herrero Fernández
Representing Director12.25yrs€14.00kno data
Elena Hernandez de Cabanyes
Independent External Director19.75yrs€22.00k1.67%
€ 871.1k
Manuel Valls Morató
External Independent Director2.75yrsno data0.082%
€ 42.8k
Ainoa Grandes Massa
External Independent Director3.42yrsno data0.061%
€ 32.1k
Luis Conde Moller
External Independent Director3.33yrsno datano data
Cristina Orpinell Kristjansdottir
Director2.42yrsno datano data

3.4yrs

Average Tenure

Experienced Board: REN's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Renta Corporación Real Estate, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Renta Corporación Real Estate, S.A.
  • Ticker: REN
  • Exchange: BME
  • Founded: 1991
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: €52.286m
  • Shares outstanding: 32.18m
  • Website: https://www.rentacorporacion.com

Number of Employees


Location

  • Renta Corporación Real Estate, S.A.
  • Vía Augusta 252-260
  • 5th Floor
  • Barcelona
  • Catalonia
  • 8017
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RENBME (Bolsas y Mercados Espanoles)YesCommon StockESEURApr 2006
0FSJLSE (London Stock Exchange)YesCommon StockGBEURApr 2006
RENeBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURApr 2006
REN NBMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNApr 2006

Biography

Renta Corporación Real Estate, S.A. engages in the acquisition, refurbishment, and sale of real estate properties in the cities of Barcelona and Madrid. The company’s property portfolio comprises residenti ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 20:46
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.