BME:YAZR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Azaria Rental SOCIMI

Executive Summary


Snowflake Analysis

Fair value with poor track record.

Share Price & News

How has Azaria Rental SOCIMI's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

YAZR

2.7%

ES REITs

0.9%

ES Market


1 Year Return

-25.4%

YAZR

-25.0%

ES REITs

-20.2%

ES Market

Return vs Industry: YAZR matched the Spanish REITs industry which returned -26.3% over the past year.

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


Shareholder returns

YAZRIndustryMarket
7 Day0%2.7%0.9%
30 Day0%-2.3%-2.1%
90 Day-0.6%-6.7%-7.4%
1 Year-0.5%-25.4%-22.2%-25.0%-17.5%-20.2%
3 Yearn/a1.0%-8.9%-19.4%-26.8%
5 Yearn/a-9.6%-22.4%-15.8%-29.0%

Price Volatility Vs. Market

How volatile is Azaria Rental SOCIMI's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Azaria Rental SOCIMI undervalued compared to its fair value and its price relative to the market?

16.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: YAZR (€3.46) is trading above our estimate of fair value (€1.51)

Significantly Below Fair Value: YAZR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: YAZR is good value based on its PE Ratio (16.4x) compared to the ES REITs industry average (17.6x).

PE vs Market: YAZR is good value based on its PE Ratio (16.4x) compared to the Spanish market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate YAZR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: YAZR is good value based on its PB Ratio (0.8x) compared to the ES REITs industry average (1x).


Next Steps

Future Growth

How is Azaria Rental SOCIMI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.5%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Azaria Rental SOCIMI has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Azaria Rental SOCIMI performed over the past 5 years?

-18.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YAZR has high quality earnings.

Growing Profit Margin: YAZR's current net profit margins (29.1%) are lower than last year (38.7%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if YAZR's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: YAZR had negative earnings growth (-18.6%) over the past year, making it difficult to compare to the REITs industry average (6.1%).


Return on Equity

High ROE: YAZR's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Azaria Rental SOCIMI's financial position?


Financial Position Analysis

Short Term Liabilities: YAZR's short term assets (€5.0M) exceed its short term liabilities (€1.8M).

Long Term Liabilities: YAZR's short term assets (€5.0M) do not cover its long term liabilities (€61.0M).


Debt to Equity History and Analysis

Debt Level: YAZR's debt to equity ratio (149.1%) is considered high.

Reducing Debt: Insufficient data to determine if YAZR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: YAZR's debt is not well covered by operating cash flow (6%).

Interest Coverage: YAZR's interest payments on its debt are not well covered by EBIT (1.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Azaria Rental SOCIMI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate YAZR'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 YAZR's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of YAZR'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?


CEO

Azaria Rental SOCIMI has no CEO, or we have no data on them.


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 been diluted in the past year, with total shares outstanding growing by 14.1%.


Top Shareholders

Company Information

Azaria Rental SOCIMI, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Azaria Rental SOCIMI, S.A.
  • Ticker: YAZR
  • Exchange: BME
  • Founded:
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Market Cap: €32.713m
  • Shares outstanding: 9.45m
  • Website: https://www.azariarental.com

Location

  • Azaria Rental SOCIMI, S.A.
  • Paseo Eduardo Dato 18
  • Piso 2
  • Madrid
  • 28010
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YAZRBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURSep 2018

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 21:40
End of Day Share Price2020/09/30 00:00
Earnings2019/12/31
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.