Discounted Cash Flow Calculation for BME:YDOA using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Inversiones Doalca 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:YDOA DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Inversiones Doalca SOCIMI
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
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
Inversiones Doalca SOCIMI's
is considered below, and whether this is a fair price.
Price based on past earnings
Inversiones Doalca SOCIMI's earnings available for a low price, and how does
this compare to other companies in the same industry?
Inversiones Doalca SOCIMI's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Unable to determine if Inversiones Doalca 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.
Inversiones Doalca SOCIMI's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Inversiones Doalca SOCIMI
has a total score of
5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Inversiones Doalca SOCIMI's finances.
The net worth of a company is the difference between its assets and liabilities.
Inversiones Doalca SOCIMI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Inversiones Doalca SOCIMI's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Inversiones Doalca 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
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 covered by short term assets, assets are 14.8x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
Investing In Property Through Inversiones Doalca SOCIMI, S.A. (BME:YDOA)
See our latest analysis for Inversiones Doalca SOCIMI A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent. … Instead of the P/E ratio, P/FFO is used instead, which is very common for REIT stocks. … Next Steps: As a REIT, Inversiones Doalca SOCIMI offers some unique characteristics which could help diversify your portfolio.
Should We Be Delighted With Inversiones Doalca SOCIMI, S.A.'s (BME:YDOA) ROE Of 27%?
This article is for those who would like to learn about Return On Equity (ROE). … Another way to think of that is that for every €1 worth of equity in the company, it was able to earn €0.27. … Return on Equity = Net Profit ÷ Shareholders' Equity
How Should You Analyze REIT Stock Inversiones Doalca SOCIMI, S.A. (BME:YDOA)?
Inversiones Doalca SOCIMI, S.A. … A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent … FFO is a cleaner and more representative figure of how much YDOA actually makes from its day-to-day operations, compared to net income, which can be affected by one-off activities or non-cash items such as depreciation.
What You Need To Know Before Investing In Inversiones Doalca SOCIMI SA (BME:YDOA)
Inversiones Doalca SOCIMI SA is a €163m. … See our latest analysis for Inversiones Doalca SOCIMI … This term is very common in the REIT investing world as it provides a cleaner look at its cash flow from daily operations by excluding impact of one-off activities or non-cash items such as depreciation.
How Should You Analyze REIT Stock Inversiones Doalca SOCIMI SA (BME:YDOA)?
Inversiones Doalca SOCIMI SA is a €162.74m. … REITs own and operate income-generating property and adhere to a different set of regulations. … View out our latest analysis for Inversiones Doalca SOCIMI
Inversiones Doalca SOCIMI SA. (BME:YDOA): What Does It Mean For Your Portfolio?
Based on this beta value, YDOA appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … Depending on the composition of your portfolio, low-beta stocks such as YDOA is valuable to lower your risk of market exposure, in particular, during times of economic decline.
Is Inversiones Doalca SOCIMI SA.'s (BME:YDOA) ROE Of 22.76% Sustainable?
View our latest analysis for Inversiones Doalca SOCIMI What you must know about ROE Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … For now, let’s just look at the cost of equity number for Inversiones Doalca SOCIMI, which is 8.29%. … Since Inversiones Doalca SOCIMI’s return covers its cost in excess of 14.47%, its use of equity capital is efficient and likely to be sustainable.
You May Have Been Looking At Inversiones Doalca SOCIMI SA. (BME:YDOA) All Wrong
I also use FFO to look at YDOA's valuation relative to other REITs in Spain by using the price-to-FFO metric. … Next Steps: Inversiones Doalca SOCIMI can bring diversification into your portfolio due to its unique REIT characteristics. … I'd strongly recommend continuing your research on the following areas I believe are key fundamentals for YDOA: Valuation: What is YDOA worth today?
Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain. Its real estate properties include offices and commercial premises. As of December 31, 2015, the company owned a portfolio of 11 properties with a constructed area of approximately 42,000 square meters and a total leasable area of approximately 32,000 square meters. Inversiones Doalca Socimi, S.A. was incorporated in 1998 and is headquartered in Madrid, Spain.
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