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
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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.
7 Day Return
1 Year Return
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.
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
11 months ago | Simply Wall StCan Corona Patrimonial SOCIMI, S.A. (BME:YCOR) Improve Its Returns?
1 year ago | Simply Wall StRead This Before Judging Corona Patrimonial SOCIMI, S.A.U.'s (BME:YCOR) ROE
1 year ago | Simply Wall StInvesting In Property Through Corona Patrimonial SOCIMI, S.A.U. (BME:YCOR)
Is Corona Patrimonial SOCIMI undervalued compared to its fair value and its price relative to the market?
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).
How is Corona Patrimonial SOCIMI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Corona Patrimonial SOCIMI is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Corona Patrimonial SOCIMI competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Corona Patrimonial SOCIMI performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Corona Patrimonial SOCIMI has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Corona Patrimonial SOCIMI, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Corona Patrimonial SOCIMI, S.A.
- Ticker: YCOR
- Exchange: BME
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: €7.162m
- Shares outstanding: 6.07m
- Website: https://www.coronapatrimonial.com
- Corona Patrimonial SOCIMI, S.A.
- Calle Aribau 171
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|YCOR||BME (Bolsas y Mercados Espanoles)||Yes||Share Capital||ES||EUR||Aug 2016|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 20:43|
|End of Day Share Price||2020/09/29 00:00|
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.