BME:YCOR

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Corona Patrimonial SOCIMI

Executive Summary

Corona Patrimonial SOCIMI, S.A.U., a real estate investment trust, engages in the acquisition, development, and rental of urban real estate assets in Spain. More Details


Snowflake Analysis

Undervalued with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: YCOR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

YCOR

2.7%

ES REITs

0.9%

ES Market


1 Year Return

-92.9%

YCOR

-25.0%

ES REITs

-20.2%

ES Market

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

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


Shareholder returns

YCORIndustryMarket
7 Day0%2.7%0.9%
30 Day0%-2.3%-2.1%
90 Day-34.1%-6.7%-7.4%
1 Year199.1%-92.9%-22.2%-25.0%-17.5%-20.2%
3 Year198.8%-93.0%1.0%-8.9%-19.4%-26.8%
5 Yearn/a-9.6%-22.4%-15.8%-29.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Corona Patrimonial SOCIMI undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YCOR (€1.18) is trading below our estimate of fair value (€13.32)

Significantly Below Fair Value: YCOR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: YCOR is good value based on its PE Ratio (0.3x) compared to the ES REITs industry average (17.6x).

PE vs Market: YCOR is good value based on its PE Ratio (0.3x) compared to the Spanish market (18.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YCOR is good value based on its PB Ratio (0.1x) compared to the ES REITs industry average (1x).


Next Steps

Future Growth

How is Corona Patrimonial 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 Corona Patrimonial 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 Corona Patrimonial SOCIMI performed over the past 5 years?

-3.1%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: YCOR has a high level of non-cash earnings.

Growing Profit Margin: YCOR became profitable in the past.


Past Earnings Growth Analysis

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

Accelerating Growth: YCOR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: YCOR has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (6.1%).


Return on Equity

High ROE: YCOR's Return on Equity (37.4%) is considered high.


Next Steps

Financial Health

How is Corona Patrimonial SOCIMI's financial position?


Financial Position Analysis

Short Term Liabilities: YCOR's short term assets (€49.0M) do not cover its short term liabilities (€57.8M).

Long Term Liabilities: YCOR's short term assets (€49.0M) exceed its long term liabilities (€1.2M).


Debt to Equity History and Analysis

Debt Level: YCOR's debt to equity ratio (72.5%) is considered high.

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

Debt Coverage: YCOR's debt is not well covered by operating cash flow (6.8%).

Interest Coverage: YCOR's interest payments on its debt are well covered by EBIT (8.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Corona Patrimonial SOCIMI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if YCOR'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 YCOR'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

Corona Patrimonial 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Corona Patrimonial SOCIMI, S.A.
  • Ticker: YCOR
  • Exchange: BME
  • Founded:
  • Industry: Office REITs
  • Sector: Real Estate
  • Market Cap: €7.162m
  • Shares outstanding: 6.07m
  • Website: https://www.coronapatrimonial.com

Location

  • Corona Patrimonial SOCIMI, S.A.
  • Calle Aribau 171
  • Barcelona
  • Catalonia
  • 8036
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YCORBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURAug 2016

Biography

Corona Patrimonial SOCIMI, S.A.U., a real estate investment trust, engages in the acquisition, development, and rental of urban real estate assets in Spain. It acquires and leases office buildings located ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 20:43
End of Day Share Price2020/09/29 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.