Gavari Properties Socimi Valuation

Q: What is the Fair Price of YGAV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

YGAV (€33.6) is trading below our estimate of [[fair value]] (€180.46)

Is YGAV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of YGAV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: YGAV (€33.6) is trading below our estimate of fair value (€180.46)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for YGAV?

Key metric: As YGAV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for YGAV. This is calculated by dividing YGAV's market cap by their current earnings.
What is YGAV's PE Ratio?
PE Ratio	31.8x
Earnings	€1.34m
Market Cap	€42.52m

YGAV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	49.1x
Enterprise Value/EBITDA	457.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does YGAV's PE Ratio compare to its peers?

The above table shows the PE ratio for YGAV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	62.7x
YVBA VBARE Iberian Properties SOCIMI	13.9x	n/a	€26.3m
YORS Optimum RE Spain SOCIMI	16.2x	n/a	€64.6m
YBAR Barcino Property SOCIMI	21.6x	n/a	€26.8m
YADV Advero Properties SOCIMI	199x	n/a	€48.2m
YGAV Gavari Properties Socimi	31.8x	n/a	€42.5m

Price-To-Earnings vs Peers: YGAV is good value based on its Price-To-Earnings Ratio (31.8x) compared to the peer average (62.7x).

Price to Earnings Ratio vs Industry

How does YGAV's PE Ratio compare vs other companies in the European Residential REITs Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: YGAV is expensive based on its Price-To-Earnings Ratio (31.8x) compared to the Global Residential REITs industry average (26.4x).

Price to Earnings Ratio vs Fair Ratio

What is YGAV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

YGAV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	31.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate YGAV's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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