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Inversiones Doalca SOCIMI

BME:YDOA
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
YDOA
BME
€162M
Market Cap
  1. Home
  2. ES
  3. Real Estate
Company description

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain. The last earnings update was 83 days ago. More info.


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YDOA Share Price and Events
7 Day Returns
0%
BME:YDOA
1.3%
ES REITs
-0.3%
ES Market
1 Year Returns
-0.7%
BME:YDOA
3%
ES REITs
-6%
ES Market
YDOA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Inversiones Doalca SOCIMI (YDOA) 0% 0% 0% -0.7% -0.3% -
ES REITs 1.3% 2.3% 5.5% 3% 32.7% 12.4%
ES Market -0.3% -0.9% -0.7% -6% 12.9% -19.1%
1 Year Return vs Industry and Market
  • YDOA underperformed the REITs industry which returned 3% over the past year.
  • YDOA outperformed the Market in Spain which returned -6% over the past year.
Price Volatility
YDOA
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Inversiones Doalca SOCIMI's competitors could be found in our database.

Value

 Is Inversiones Doalca 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 Inversiones Doalca 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 Inversiones Doalca SOCIMI.

BME:YDOA 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 8.1%
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:YDOA
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%) (0.04%))
0.66
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.53% + (0.8 * 8.18%)
8.07%

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
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.07%)
2019 5.79 Est @ -0.82% 5.36
2020 5.79 Est @ -0.12% 4.96
2021 5.81 Est @ 0.38% 4.60
2022 5.85 Est @ 0.72% 4.29
2023 5.91 Est @ 0.96% 4.01
2024 5.97 Est @ 1.13% 3.75
2025 6.05 Est @ 1.25% 3.51
2026 6.13 Est @ 1.33% 3.29
2027 6.21 Est @ 1.39% 3.09
2028 6.30 Est @ 1.43% 2.90
Present value of next 10 years cash flows €39.77
BME:YDOA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €6.30 × (1 + 1.53%) ÷ (8.07% – 1.53%)
€97.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €97.80 ÷ (1 + 8.07%)10
€45.01
BME:YDOA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €39.77 + €45.01
€84.77
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €84.77 / 6.07
€13.96
BME:YDOA Discount to Share Price
Calculation Result
Value per share (EUR) From above. €13.96
Current discount Discount to share price of €26.60
= -1 x (€26.60 - €13.96) / €13.96
-90.5%

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

  • The current share price of Inversiones Doalca SOCIMI is above its future cash flow value.
Often investors are willing to pay a premium 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 earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Inversiones Doalca SOCIMI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BME:YDOA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.83
BME:YDOA Share Price ** BME (2019-06-14) in EUR €26.6
Spain REITs Industry PE Ratio Median Figure of 24 Publicly-Listed REITs Companies 17.28x
Spain Market PE Ratio Median Figure of 138 Publicly-Listed Companies 17.5x

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

** Primary Listing of Inversiones Doalca SOCIMI.

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

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

= 26.6 ÷ 0.83

31.89x

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

  • Inversiones Doalca SOCIMI is overvalued based on earnings compared to the ES REITs industry average.
  • Inversiones Doalca SOCIMI is overvalued based on earnings compared to the Spain market.
Price based on expected Growth
Does Inversiones Doalca SOCIMI's expected growth come at a high price?
Raw Data
BME:YDOA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-8.8%per year
Spain REITs Industry PEG Ratio Median Figure of 5 Publicly-Listed REITs Companies -0.36x
Spain Market PEG Ratio Median Figure of 79 Publicly-Listed Companies 1.6x

*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 Inversiones Doalca SOCIMI, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Inversiones Doalca SOCIMI's assets?
Raw Data
BME:YDOA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €3.13
BME:YDOA Share Price * BME (2019-06-14) in EUR €26.6
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 1.68x
BME:YDOA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 26.6 ÷ 3.13

8.5x

* Primary Listing of Inversiones Doalca SOCIMI.

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

  • Inversiones Doalca SOCIMI is overvalued based on assets compared to the ES REITs industry average.
X
Value checks
We assess Inversiones Doalca 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. Inversiones Doalca 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 Inversiones Doalca SOCIMI expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Inversiones Doalca 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
-8.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Inversiones Doalca SOCIMI expected to grow at an attractive rate?
  • Inversiones Doalca SOCIMI's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.5%.
Growth vs Market Checks
  • Inversiones Doalca SOCIMI's earnings are expected to decrease over the next 1-3 years, this is below the Spain market average.
  • Unable to compare Inversiones Doalca SOCIMI's revenue growth to the Spain market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BME:YDOA Future Growth Rates Data Sources
Data Point Source Value (per year)
BME:YDOA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -8.8%
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:YDOA 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:YDOA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 9 6 5
2018-09-30 9 7 5
2018-06-30 9 7 4
2018-03-31 9 6 4
2017-12-31 8 5 4
2017-09-30 8 4 4
2017-06-30 8 3 4
2017-03-31 8 5 4
2016-12-31 8 7 4
2016-09-30 8 7 4
2016-06-30 7 7 4
2016-03-31 7 6 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
BME:YDOA 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 Inversiones Doalca SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:YDOA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.83
2018-09-30 0.79
2018-06-30 0.74
2018-03-31 0.70
2017-12-31 0.66
2017-09-30 0.65
2017-06-30 0.64
2017-03-31 0.65
2016-12-31 0.67
2016-09-30 0.68
2016-06-30 0.69
2016-03-31 0.65

*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 Inversiones Doalca SOCIMI will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Inversiones Doalca 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.
Inversiones Doalca SOCIMI has a total score of 0/6, 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 Inversiones Doalca 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 Inversiones Doalca 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.
  • Inversiones Doalca SOCIMI's year on year earnings growth rate has been positive over the past 5 years.
  • Inversiones Doalca SOCIMI's 1-year earnings growth exceeds its 5-year average (25.7% vs 3.1%)
  • Inversiones Doalca SOCIMI's earnings growth has not exceeded the ES REITs industry average in the past year (25.7% vs 36.8%).
Earnings and Revenue History
Inversiones Doalca 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 Inversiones Doalca SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:YDOA 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 8.93 5.06 1.97
2018-09-30 8.89 4.77 2.07
2018-06-30 8.85 4.48 2.17
2018-03-31 8.62 4.26 2.16
2017-12-31 8.40 4.03 2.14
2017-09-30 8.06 3.95 2.11
2017-06-30 7.72 3.87 2.07
2017-03-31 7.70 3.95 2.06
2016-12-31 7.68 4.04 2.05
2016-09-30 7.57 4.12 2.07
2016-06-30 7.45 4.20 2.08
2016-03-31 7.37 3.98 2.23
2015-12-31 7.28 3.75 2.37
2014-12-31 7.82 5.46 2.41
2013-12-31 8.60 3.24 2.32
2012-12-31 8.51 3.06 2.53

*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.
  • Inversiones Doalca SOCIMI has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Inversiones Doalca SOCIMI used its assets more efficiently than the ES REITs industry average last year based on Return on Assets.
  • Inversiones Doalca SOCIMI has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Inversiones Doalca 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.
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.

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

Health

 How is Inversiones Doalca 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 Inversiones Doalca SOCIMI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 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.
Balance sheet
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 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 covered by short term assets, assets are 14.8x 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 Inversiones Doalca SOCIMI Company Filings, last reported 5 months ago.

BME:YDOA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 19.00 0.07 0.21
2018-09-30 19.00 0.07 0.21
2018-06-30 19.32 0.32 0.57
2018-03-31 19.32 0.32 0.57
2017-12-31 17.70 2.29 0.29
2017-09-30 17.70 2.29 0.29
2017-06-30 18.06 2.14 0.17
2017-03-31 18.06 2.14 0.17
2016-12-31 16.89 2.23 0.35
2016-09-30 16.89 2.23 0.35
2016-06-30 19.17 0.00 1.74
2016-03-31 19.17 0.00 1.74
2015-12-31 18.01 0.00 0.17
2014-12-31 19.74 0.00 1.26
2013-12-31 16.22 0.00 1.13
2012-12-31 15.98 0.00 0.52
  • Inversiones Doalca SOCIMI's level of debt (0.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 0.4% today).
  • Debt is well covered by operating cash flow (8923.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 1520.5x coverage).
X
Financial health checks
We assess Inversiones Doalca 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. Inversiones Doalca SOCIMI has a total score of 4/6, 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 Inversiones Doalca 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
1.95%
Current annual income from Inversiones Doalca SOCIMI dividends.
If you bought €2,000 of Inversiones Doalca SOCIMI shares you are expected to receive €39 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?
  • Inversiones Doalca SOCIMI's pays a lower dividend yield than the bottom 25% of dividend payers in Spain (2.19%).
  • Inversiones Doalca SOCIMI's dividend is below the markets top 25% of dividend payers in Spain (5.16%).
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:YDOA 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.

BME:YDOA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-25 0.520 1.955

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

  • It is too early to tell whether Inversiones Doalca SOCIMI has stable dividend payments.
  • Inversiones Doalca SOCIMI only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Inversiones Doalca SOCIMI's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
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 Inversiones Doalca 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 Inversiones Doalca SOCIMI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Inversiones Doalca SOCIMI has a total score of 1/6, 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 Inversiones Doalca 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.
  • Inversiones Doalca SOCIMI has no CEO, or we have no data on them.
Management Team

Isabel de Estrada

TITLE
Deputy Chairman and Chief Audit Officer

Alfonso Gutiérrez

TITLE
Secretary
Board of Directors

Pedro de Araoz

TITLE
Chairman

Isabel de Estrada

TITLE
Deputy Chairman and Chief Audit Officer

Dolores de Araoz y Marañon

TITLE
Deputy Chairman

Alejandro J. de Araoz Gómez-Acebo

TITLE
Director
AGE
56

Carlos de Araoz Gómez-Acebo

TITLE
Director

María de Araoz

TITLE
Director

Victoria de Araoz

TITLE
Director

C armen Fernández de Araoz y Marañón

TITLE
Director

M aría Paz Barroso Fernández de Araoz

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 Inversiones Doalca 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. Inversiones Doalca 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

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.

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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

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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.

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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.

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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

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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.

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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.

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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?

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Company Info

Description

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.

Details
Name: Inversiones Doalca SOCIMI, S.A.
YDOA
Exchange: BME
Founded: 1998
€161,527,648
6,072,468
Website: http://www.doalca.com
Address: Inversiones Doalca SOCIMI, S.A.
Calle San Bernardo 123 3º,
Madrid,
Madrid, 28015,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME YDOA Share Capital Bolsas y Mercados Espanoles ES EUR 11. Mar 2016
Number of employees
Current staff
Staff numbers
10
Inversiones Doalca SOCIMI employees.
Industry
Office REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 22:12
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/03/25
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.