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Asturias Retail and Leisure SOCIMI

BME:YAST
Snowflake Description

Acceptable track record with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
YAST
BME
€168M
Market Cap
  1. Home
  2. ES
  3. Real Estate
Company description

Asturias Retail and Leisure SOCIMI, S.A., a real estate investment trust, owns and operates a shopping center in the Asturias Region, Spain. The last earnings update was 54 days ago. More info.


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YAST Share Price and Events
7 Day Returns
0%
BME:YAST
0.9%
ES REITs
-1.5%
ES Market
1 Year Returns
46.1%
BME:YAST
2.9%
ES REITs
-5.9%
ES Market
YAST Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Asturias Retail and Leisure SOCIMI (YAST) 0% 0% 0% 46.1% - -
ES REITs 0.9% 2.3% 5% 2.9% 29.4% 13.5%
ES Market -1.5% -1.2% -2.9% -5.9% 8.9% -19.3%
1 Year Return vs Industry and Market
  • YAST outperformed the REITs industry which returned 2.9% over the past year.
  • YAST outperformed the Market in Spain which returned -5.9% over the past year.
Price Volatility
YAST
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Asturias Retail and Leisure SOCIMI's competitors could be found in our database.

Value

 Is Asturias Retail and Leisure SOCIMI undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Asturias Retail and Leisure SOCIMI to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Asturias Retail and Leisure SOCIMI.

BME:YAST Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year ES Government Bond Rate 1.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BME:YAST
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ES Govt Bond Rate 1.5%
Equity Risk Premium S&P Global 8.2%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.493 (1 + (1- 25%) (87.24%))
0.877
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.88
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.53% + (0.877 * 8.18%)
8.7%

Discounted Cash Flow Calculation for BME:YAST using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Asturias Retail and Leisure SOCIMI is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BME:YAST DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.7%)
2019 12.06 Est @ 10.87% 11.09
2020 13.03 Est @ 8.07% 11.03
2021 13.83 Est @ 6.11% 10.77
2022 14.48 Est @ 4.73% 10.38
2023 15.03 Est @ 3.77% 9.90
2024 15.49 Est @ 3.1% 9.39
2025 15.90 Est @ 2.63% 8.87
2026 16.27 Est @ 2.3% 8.35
2027 16.60 Est @ 2.06% 7.84
2028 16.92 Est @ 1.9% 7.35
Present value of next 10 years cash flows €94.97
BME:YAST DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €16.92 × (1 + 1.53%) ÷ (8.7% – 1.53%)
€239.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €239.52 ÷ (1 + 8.7%)10
€104.03
BME:YAST Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €94.97 + €104.03
€199.00
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €199.00 / 5.00
€39.8
BME:YAST Discount to Share Price
Calculation Result
Value per share (EUR) From above. €39.80
Current discount Discount to share price of €33.60
= -1 x (€33.60 - €39.80) / €39.80
15.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Asturias Retail and Leisure SOCIMI is available for.
Intrinsic value
16%
Share price is €33.6 vs Future cash flow value of €39.8
Current Discount Checks
For Asturias Retail and Leisure SOCIMI to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Asturias Retail and Leisure SOCIMI's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Asturias Retail and Leisure SOCIMI's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Asturias Retail and Leisure SOCIMI's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Asturias Retail and Leisure SOCIMI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BME:YAST PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.64
BME:YAST Share Price ** BME (2019-06-18) in EUR €33.6
Spain REITs Industry PE Ratio Median Figure of 24 Publicly-Listed REITs Companies 17.33x
Spain Market PE Ratio Median Figure of 138 Publicly-Listed Companies 17.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Asturias Retail and Leisure SOCIMI.

BME:YAST PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:YAST Share Price ÷ EPS (both in EUR)

= 33.6 ÷ 0.64

52.35x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Asturias Retail and Leisure SOCIMI is overvalued based on earnings compared to the ES REITs industry average.
  • Asturias Retail and Leisure SOCIMI is overvalued based on earnings compared to the Spain market.
Price based on expected Growth
Does Asturias Retail and Leisure SOCIMI's expected growth come at a high price?
Raw Data
BME:YAST PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 52.35x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
10.5%per year
Spain REITs Industry PEG Ratio Median Figure of 5 Publicly-Listed REITs Companies -0.35x
Spain Market PEG Ratio Median Figure of 79 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Asturias Retail and Leisure SOCIMI, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Asturias Retail and Leisure SOCIMI's assets?
Raw Data
BME:YAST PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €7.72
BME:YAST Share Price * BME (2019-06-18) in EUR €33.6
Spain REITs Industry PB Ratio Median Figure of 29 Publicly-Listed REITs Companies 1.18x
Spain Market PB Ratio Median Figure of 185 Publicly-Listed Companies 1.64x
BME:YAST PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:YAST Share Price ÷ Book Value per Share (both in EUR)

= 33.6 ÷ 7.72

4.35x

* Primary Listing of Asturias Retail and Leisure SOCIMI.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Asturias Retail and Leisure SOCIMI is overvalued based on assets compared to the ES REITs industry average.
X
Value checks
We assess Asturias Retail and Leisure SOCIMI's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Asturias Retail and Leisure SOCIMI has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Asturias Retail and Leisure SOCIMI expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Asturias Retail and Leisure SOCIMI, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Asturias Retail and Leisure SOCIMI expected to grow at an attractive rate?
  • Asturias Retail and Leisure SOCIMI's earnings growth is expected to exceed the low risk savings rate of 1.5%.
Growth vs Market Checks
  • Asturias Retail and Leisure SOCIMI's earnings growth is expected to exceed the Spain market average.
  • Unable to compare Asturias Retail and Leisure SOCIMI's revenue growth to the Spain market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BME:YAST Future Growth Rates Data Sources
Data Point Source Value (per year)
BME:YAST Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 10.5%
Spain REITs Industry Earnings Growth Rate Market Cap Weighted Average -5.1%
Spain REITs Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
Spain Market Earnings Growth Rate Market Cap Weighted Average 7.8%
Spain Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BME:YAST Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BME:YAST Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 21 11 3
2018-09-30 21 11 3
2018-06-30 21 11 2
2018-03-31 20 10 2
2017-12-31 20 9 2
2017-09-30 20 8 2
2017-06-30 19 8 2
2017-03-31 19 8 1
2016-12-31 19 8 -1
2016-09-30 19 8 -1
2016-06-30 19 8 -2
2016-03-31 19 9 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Asturias Retail and Leisure SOCIMI's earnings are expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Asturias Retail and Leisure SOCIMI is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BME:YAST Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Asturias Retail and Leisure SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:YAST Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.64
2018-09-30 0.56
2018-06-30 0.47
2018-03-31 0.45
2017-12-31 0.43
2017-09-30 0.42
2017-06-30 0.41
2017-03-31 0.14
2016-12-31 -0.14
2016-09-30 -0.29
2016-06-30 -0.44
2016-03-31 -0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Asturias Retail and Leisure SOCIMI will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Asturias Retail and Leisure SOCIMI's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Spain market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Spain market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Asturias Retail and Leisure SOCIMI has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Asturias Retail and Leisure SOCIMI performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Asturias Retail and Leisure SOCIMI's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Asturias Retail and Leisure SOCIMI has delivered over 20% year on year earnings growth in the past 5 years.
  • Asturias Retail and Leisure SOCIMI's 1-year earnings growth is less than its 5-year average (50.2% vs 97.7%)
  • Asturias Retail and Leisure SOCIMI's earnings growth has exceeded the ES REITs industry average in the past year (50.2% vs 36.8%).
Earnings and Revenue History
Asturias Retail and Leisure SOCIMI's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Asturias Retail and Leisure SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:YAST Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 21.07 3.21 0.06
2018-09-30 20.87 2.78 0.07
2018-06-30 20.66 2.36 0.07
2018-03-31 20.32 2.25 0.02
2017-12-31 19.98 2.14 -0.04
2017-09-30 19.65 2.09 -0.12
2017-06-30 19.33 2.05 -0.19
2017-03-31 19.20 0.69 -0.21
2016-12-31 19.07 -0.68 -0.22
2016-09-30 19.04 -1.45 0.02
2016-06-30 19.01 -2.21 0.25
2016-03-31 18.87 -1.53 0.04
2015-12-31 18.73 -0.85 -0.18
2014-12-31 18.62 -2.44 0.80
2013-12-31 16.84 -13.53 0.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Asturias Retail and Leisure SOCIMI has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Asturias Retail and Leisure SOCIMI used its assets less efficiently than the ES REITs industry average last year based on Return on Assets.
  • Asturias Retail and Leisure SOCIMI has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Asturias Retail and Leisure SOCIMI's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Asturias Retail and Leisure SOCIMI has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Asturias Retail and Leisure SOCIMI's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Asturias Retail and Leisure SOCIMI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Asturias Retail and Leisure SOCIMI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Asturias Retail and Leisure SOCIMI's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Asturias Retail and Leisure SOCIMI's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Asturias Retail and Leisure SOCIMI Company Filings, last reported 5 months ago.

BME:YAST Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 38.58 146.56 17.50
2018-09-30 38.58 146.56 17.50
2018-06-30 36.69 151.39 20.72
2018-03-31 36.69 151.39 20.72
2017-12-31 35.37 166.81 34.18
2017-09-30 35.37 166.81 34.18
2017-06-30 34.33 175.45 39.21
2017-03-31 34.33 175.45 39.21
2016-12-31 33.23 172.32 40.36
2016-09-30 33.23 172.32 40.36
2016-06-30 32.28 147.02 13.18
2016-03-31 32.28 147.02 13.18
2015-12-31 33.91 143.38 10.06
2014-12-31 37.23 145.34 12.12
2013-12-31 -3.32 172.10 12.68
  • Asturias Retail and Leisure SOCIMI's level of debt (379.9%) compared to net worth is high (greater than 40%).
  • Asturias Retail and Leisure SOCIMI had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is not well covered by operating cash flow (7.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Asturias Retail and Leisure SOCIMI's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Asturias Retail and Leisure SOCIMI has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Asturias Retail and Leisure SOCIMI's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Asturias Retail and Leisure SOCIMI dividends.
If you bought €2,000 of Asturias Retail and Leisure SOCIMI shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Asturias Retail and Leisure SOCIMI's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Asturias Retail and Leisure SOCIMI's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BME:YAST Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Spain REITs Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.1%
Spain Market Average Dividend Yield Market Cap Weighted Average of 77 Stocks 4.4%
Spain Minimum Threshold Dividend Yield 10th Percentile 1.2%
Spain Bottom 25% Dividend Yield 25th Percentile 2.2%
Spain Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Asturias Retail and Leisure SOCIMI has not reported any payouts.
  • Unable to verify if Asturias Retail and Leisure SOCIMI's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Asturias Retail and Leisure SOCIMI's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Asturias Retail and Leisure SOCIMI has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Asturias Retail and Leisure SOCIMI's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Asturias Retail and Leisure SOCIMI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Asturias Retail and Leisure SOCIMI has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Asturias Retail and Leisure SOCIMI's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Asturias Retail and Leisure SOCIMI has no CEO, or we have no data on them.
Management Team

Belen Garrigues Calderón

TITLE
Secretary
TENURE
3.3 yrs
Board of Directors

Martin Breeden

TITLE
Chairman of the Board of Directors
TENURE
3.3 yrs

Nicholas Hodson

TITLE
Vice-Chairman of the Board of Directors
TENURE
3.3 yrs

Alejandro Fernandez

TITLE
Director

Jorge Navarro

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Asturias Retail and Leisure SOCIMI's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Asturias Retail and Leisure SOCIMI has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Good Is Asturias Retail and Leisure SOCIMI, S.A. (BME:YAST), When It Comes To ROE?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Asturias Retail and Leisure SOCIMI: 8.3% = €3.2m ÷ €39m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does Asturias Retail and Leisure SOCIMI Have A Good Return On Equity? … Asturias Retail and Leisure SOCIMI's Debt And Its 8.3% ROE It seems that Asturias Retail and Leisure SOCIMI uses a lot of debt to fund the business, since it has a high debt to equity ratio of 3.80.

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Can You Imagine How Asturias Retail and Leisure SOCIMI's (BME:YAST) Shareholders Feel About The 46% Share Price Increase?

We'll need to follow Asturias Retail and Leisure SOCIMI for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long. … See our latest analysis for Asturias Retail and Leisure SOCIMI There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. … But note: Asturias Retail and Leisure SOCIMI may not be the best stock to buy.

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Investing In Asturias Retail and Leisure SOCIMI, S.A. (BME:YAST): What You Need To Know

Asturias Retail and Leisure SOCIMI, S.A. … real estate investment trust (REIT) based in Madrid, Spain. … See our latest analysis for Asturias Retail and Leisure SOCIMI

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One Metric To Rule Them All: Asturias Retail and Leisure SOCIMI SA (BME:YAST)

Asturias Retail and Leisure SOCIMI SA is a €168.00m. … real estate investment trust (REIT) based in Madrid, Spain. … View out our latest analysis for Asturias Retail and Leisure SOCIMI

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Why Asturias Retail and Leisure SOCIMI SA.'s (BME:YAST) ROE Of 5.97% Does Not Tell The Whole Story

Asturias Retail and Leisure SOCIMI SA.’s (BME:YAST) most recent return on equity was a substandard 5.97% relative to its industry performance of 16.27% over the past year. … See our latest analysis for Asturias Retail and Leisure SOCIMI Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Asturias Retail and Leisure SOCIMI’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Asturias Retail and Leisure SOCIMI’s equity capital deployed.

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Why You Shouldn't Look At Asturias Retail and Leisure SOCIMI SA.'s (BME:YAST) Bottom Line

See our latest analysis for Asturias Retail and Leisure SOCIMI REIT investors should be familiar with the term Fund from Operations (FFO) – a REIT’s main source of cash flow from its day-to-day business activities. … The ratio is typically calculated using EBIT, but for a REIT stock, it's better to use FFO divided by net interest. … Asturias Retail and Leisure SOCIMI can bring about diversification for your portfolio, but before you decide to invest, take a look at the other aspects you must consider before investing: Valuation: What is YAST worth today?

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Company Info

Description

Asturias Retail and Leisure SOCIMI, S.A., a real estate investment trust, owns and operates a shopping center in the Asturias Region, Spain. Its retail and leisure complex covers an area of 120,000 square meters. The company is based in Madrid, Spain.

Details
Name: Asturias Retail and Leisure SOCIMI, S.A.
YAST
Exchange: BME
Founded:
€168,000,000
5,000,000
Website: http://www.asturias-retail.es
Address: Asturias Retail and Leisure SOCIMI, S.A.
Calle Eduardo Dato 18,
Planta Semisótano,
Madrid,
Madrid, 28010,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME YAST Common Shares Bolsas y Mercados Espanoles ES EUR 01. Jul 2016
Number of employees
Current staff
Staff numbers
0
Asturias Retail and Leisure SOCIMI employees.
Industry
Retail REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 22:02
End of day share price update: 2019/06/18 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.