Gmp Property SOCIMI, S.A. invests, acquires, develops, and manages offices, shopping centers and commercial premises, industrial buildings, and logistics centers in Spain.
The last earnings update was 53 days ago.
Discounted Cash Flow Calculation for BME:YGMP using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
GMP Property 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:YGMP DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
GMP Property 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
GMP Property SOCIMI's
is considered below, and whether this is a fair price.
Price based on past earnings
GMP Property SOCIMI's earnings available for a low price, and how does
this compare to other companies in the same industry?
GMP Property SOCIMI's earnings are expected to grow by 0.7% yearly, however this is not considered high growth (20% yearly).
Unable to determine if GMP Property 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.
GMP Property 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.
GMP Property 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
GMP Property SOCIMI's finances.
The net worth of a company is the difference between its assets and liabilities.
GMP Property SOCIMI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
GMP Property SOCIMI's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
GMP Property 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.
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.2x 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.
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.
TENURE AS CEO
Mr. Francisco Montoro Alemán serves as the Chief Executive Officer at GMP Property SOCIMI, S.A. and has been its Chairman since March 29, 2017. Mr. Alemán served as Vice President of Board of Directors of GMP Property SOCIMI, S.A. until March 29, 2017.
Insufficient data for Francisco to compare compensation growth.
Insufficient data for Francisco to establish whether their remuneration is reasonable compared to companies of similar size in Spain.
Does GMP Property SOCIMI (BME:YGMP) Deserve A Spot On Your Watchlist?
I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. … GMP Property SOCIMI maintained stable EBIT margins over the last year, all while growing revenue 9.3% to €107m. … For growth investors like me, GMP Property SOCIMI's raw rate of earnings growth is a beacon in the night.
One Metric To Rule Them All: GMP Property SOCIMI, S.A. (BME:YGMP)
REITs own and operate income-generating property and adhere to a different set of regulations. … View our latest analysis for GMP Property SOCIMI … FFO is a cleaner and more representative figure of how much YGMP 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
You May Have Been Looking At GMP Property SOCIMI, S.A. (BME:YGMP) All Wrong
real estate investment trust (REIT) based in Madrid, Spain. … They have to meet certain requirements in order to become a REIT, meaning they should be analyzed a different way. … 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 GMP Property SOCIMI SA (BME:YGMP)?
real estate investment trust (REIT) based in Madrid, Spain. … REITs are basically a portfolio of income-producing real estate investments, which are owned and operated by management of that trust company. … They have to meet certain requirements in order to become a REIT, meaning they should be analyzed a different way
What You Must Know About GMP Property SOCIMI SA.'s (BME:YGMP) Major Investors
Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Public Company Ownership Another important group of owners for potential investors in YGMP are other public companies that hold a stake of 32.90% in YGMP. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in YGMP need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.
You May Have Been Looking At GMP Property SOCIMI SA. (BME:YGMP) All Wrong
BME:YGMP Historical Debt Mar 9th 18 In order to understand whether YGMP has a healthy balance sheet, we have to look at a metric called FFO-to-total debt. … This tells us how long it will take YGMP to pay off its debt using its income from its main business activities, and gives us an insight into YGMP’s ability to service its borrowings. … This would take YGMP 29 years to pay off using just operating income, which is a long time, and risk increases with time.
Gmp Property SOCIMI, S.A. invests, acquires, develops, and manages offices, shopping centers and commercial premises, industrial buildings, and logistics centers in Spain. The company rents and sells luxury villas, apartments, and plots of land. It is also involved in the land acquisition and management; property management; and residential tourism development activities. In addition, the company provides a range of sports and leisure services; and accommodation facilities, as well as develops and renovates existing buildings. Further, it operates restaurants; and an 18-hole championship golf course and country club, as well as offers Internet services. GMP Property SOCIMI, S.A. was founded in 1979 and is headquartered in Madrid, Spain.
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