BME:YFID

Stock Analysis Report

Fidere Patrimonio Socimi

Executive Summary

Fidere Patrimonio Socimi, S.A. operates as a real estate investment trust (REIT) that engages in the acquisition and promotion of urban real estate for leasing.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Fidere Patrimonio Socimi's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

YFID

1.1%

ES REITs

3.7%

ES Market


1 Year Return

0.7%

YFID

15.5%

ES REITs

3.3%

ES Market

Return vs Industry: YFID underperformed the Spanish REITs industry which returned 15.5% over the past year.

Return vs Market: YFID underperformed the Spanish Market which returned 3.3% over the past year.


Shareholder returns

YFIDIndustryMarket
7 Day0%1.1%3.7%
30 Day0%5.5%1.6%
90 Day0.7%6.7%-0.3%
1 Year0.7%0.7%19.3%15.5%6.9%3.3%
3 Year16.7%-25.7%52.2%39.4%16.6%5.9%
5 Yearn/a103.5%61.1%11.1%-9.7%

Price Volatility Vs. Market

How volatile is Fidere Patrimonio Socimi's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fidere Patrimonio Socimi undervalued compared to its fair value and its price relative to the market?

17.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate YFID's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate YFID's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: YFID is unprofitable, so we can't compare its PE Ratio to the REITs industry average.

PE vs Market: YFID is unprofitable, so we can't compare its PE Ratio to the Spanish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YFID is overvalued based on its PB Ratio (17.7x) compared to the ES REITs industry average (1.2x).


Next Steps

Future Growth

How is Fidere Patrimonio Socimi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-6.4%

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 Fidere Patrimonio 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 Fidere Patrimonio Socimi performed over the past 5 years?

-68.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: YFID is unprofitable, and losses have increased over the past 5 years at a rate of -68.6% per year.

Accelerating Growth: Unable to compare YFID's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: YFID is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (39.9%).


Return on Equity

High ROE: YFID has a negative Return on Equity (-373.29%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: YFID is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: YFID is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Fidere Patrimonio Socimi's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: YFID has a low level of unsold assets or inventory.

Debt Coverage by Assets: YFID's debt is not covered by short term assets (assets are 0x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if YFID has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if YFID has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: YFID's level of assets compared to its equity is very high.

Allowance for Bad Loans: Insufficient data to determine if YFID has a sufficient allowance for bad loans.

Low Risk Liabilities: YFID reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if YFID has an acceptable proportion of non-loan assets held.

Low Risk Deposits: YFID has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if YFID has an appropriate level of bad loans.


Next Steps

Dividend

What is Fidere Patrimonio Socimi's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.2%markettop25%5.6%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate YFID's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if YFID's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if YFID'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 YFID's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

What is the CEO of Fidere Patrimonio Socimi's salary, the management and board of directors tenure and is there insider trading?


CEO

Fidere Patrimonio Socimi has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Laura Fernández Garcia

    Secretary

    • Tenure: 3.1yrs

Board Members

  • Jean Christophe Dubois

    Director

    • Tenure: 3.1yrs

Company Information

Fidere Patrimonio Socimi, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fidere Patrimonio Socimi, S.A.
  • Ticker: YFID
  • Exchange: BME
  • Founded: 2012
  • Industry: Residential REITs
  • Sector: Real Estate
  • Market Cap: €145.070m
  • Shares outstanding: 10.07m
  • Website: https://www.fidere-socimi.com

Location

  • Fidere Patrimonio Socimi, S.A.
  • Avda Manoteras, 46
  • oficina 1-D
  • Madrid
  • 28045
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YFIDBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURJun 2015

Biography

Fidere Patrimonio Socimi, S.A. operates as a real estate investment trust (REIT) that engages in the acquisition and promotion of urban real estate for leasing. The company leases properties in the residen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 21:39
End of Day Share Price2019/10/15 00:00
Earnings2018/12/31
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.