GMP Property SOCIMI
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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. More info.
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YGMP Share Price and Events
7 Day Returns
1 Year Returns
YGMP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| GMP Property SOCIMI (YGMP) | 0% | 2.7% | 2.7% | 9.5% | - | - |
| ES REITs | 0.9% | 2.3% | 5% | 2.9% | 29.4% | 13.5% |
| ES Market | -1.5% | -1.2% | -2.9% | -5.9% | 8.9% | -19.3% |
1 Year Return vs Industry and Market
- YGMP outperformed the REITs industry which returned 2.9% over the past year.
- YGMP outperformed the Market in Spain which returned -5.9% over the past year.
Value
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
GMP Property 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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for GMP Property SOCIMI.
| 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 | 8.5% |
| 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.
| 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%) (76.35%)) |
0.85 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.85 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.53% + (0.85 * 8.18%) |
8.48% |
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.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 8.48%) |
|
|---|---|---|---|
| 2019 | 33.74 | Est @ -12.13% | 31.10 |
| 2020 | 31.03 | Est @ -8.03% | 26.37 |
| 2021 | 29.43 | Est @ -5.16% | 23.05 |
| 2022 | 28.50 | Est @ -3.16% | 20.58 |
| 2023 | 28.00 | Est @ -1.75% | 18.64 |
| 2024 | 27.78 | Est @ -0.77% | 17.05 |
| 2025 | 27.76 | Est @ -0.08% | 15.71 |
| 2026 | 27.87 | Est @ 0.4% | 14.54 |
| 2027 | 28.08 | Est @ 0.74% | 13.50 |
| 2028 | 28.35 | Est @ 0.98% | 12.57 |
| Present value of next 10 years cash flows | €193.10 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €28.35 × (1 + 1.53%) ÷ (8.48% – 1.53%) |
€414.14 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €414.14 ÷ (1 + 8.48%)10 |
€183.57 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €193.10 + €183.57 |
€376.67 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €376.67 / 19.12 |
€19.7 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €19.70 |
| Current discount | Discount to share price of
€57.50
= -1 x (€57.50 - €19.70) / €19.70 |
-191.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of GMP Property SOCIMI is above its future cash flow value.
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 earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
GMP Property SOCIMI's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €9.77 |
| BME:YGMP Share Price ** | BME (2019-06-18) in EUR | €57.5 |
| Spain REITs Industry PE Ratio | Median Figure of 24 Publicly-Listed REITs Companies | 17.33x |
| Spain Market PE Ratio | Median Figure of 138 Publicly-Listed Companies | 17.17x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of GMP Property SOCIMI.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BME:YGMP Share Price ÷ EPS (both in EUR) = 57.5 ÷ 9.77 |
5.89x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GMP Property SOCIMI is good value based on earnings compared to the ES REITs industry average.
- GMP Property SOCIMI is good value based on earnings compared to the Spain market.
Price based on expected Growth
Does
GMP Property SOCIMI's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 5.89x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
0.7%per year |
| Spain REITs Industry PEG Ratio | Median Figure of 5 Publicly-Listed REITs Companies | -0.35x |
| Spain Market PEG Ratio | Median Figure of 79 Publicly-Listed Companies | 1.59x |
*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 GMP Property SOCIMI, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
GMP Property SOCIMI's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €66.74 |
| BME:YGMP Share Price * | BME (2019-06-18) in EUR | €57.5 |
| 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 | 1.64x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BME:YGMP Share Price ÷ Book Value per Share (both in EUR) = 57.5 ÷ 66.74 |
0.86x |
* Primary Listing of GMP Property SOCIMI.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- GMP Property SOCIMI is good value based on assets compared to the ES REITs industry average.
Value checks
We assess GMP Property SOCIMI's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check) GMP Property SOCIMI has a total score of 3/6, 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
- No analysts cover GMP Property 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!
Earnings growth vs Low Risk Savings
- GMP Property SOCIMI's earnings growth is positive but not above the low risk savings rate of 1.5%.
Growth vs Market Checks
- GMP Property SOCIMI's earnings growth is positive but not above the Spain market average.
- Unable to compare GMP Property SOCIMI's revenue growth to the Spain market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| BME:YGMP Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 0.7% |
| 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
| 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 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 107 | 39 | 187 |
| 2018-09-30 | 103 | 41 | 185 |
| 2018-06-30 | 98 | 43 | 184 |
| 2018-03-31 | 98 | 45 | 159 |
| 2017-12-31 | 98 | 47 | 134 |
| 2017-09-30 | 96 | 47 | 163 |
| 2017-06-30 | 94 | 47 | 193 |
| 2017-03-31 | 87 | 38 | 183 |
| 2016-12-31 | 80 | 29 | 173 |
| 2016-09-30 | 77 | 23 | 124 |
| 2016-06-30 | 73 | 17 | 75 |
| 2016-03-31 | 73 | 25 | 93 |
*GAAP earnings excluding extraordinary items.
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 GMP Property SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 9.77 |
| 2018-09-30 | 9.68 |
| 2018-06-30 | 9.60 |
| 2018-03-31 | 8.29 |
| 2017-12-31 | 6.98 |
| 2017-09-30 | 8.53 |
| 2017-06-30 | 10.61 |
| 2017-03-31 | 9.81 |
| 2016-12-31 | 9.06 |
| 2016-09-30 | 6.48 |
| 2016-06-30 | 3.72 |
| 2016-03-31 | 4.73 |
*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 GMP Property SOCIMI will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess GMP Property SOCIMI's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Spain market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Spain market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
GMP Property 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 GMP Property 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
Past Earnings growth analysis
- GMP Property SOCIMI has delivered over 20% year on year earnings growth in the past 5 years.
- GMP Property SOCIMI's 1-year earnings growth exceeds its 5-year average (39.9% vs 23.1%)
- GMP Property SOCIMI's earnings growth has exceeded the ES REITs industry average in the past year (39.9% vs 36.8%).
Earnings and Revenue History
All data from GMP Property SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 107.50 | 186.82 | 12.26 | |
| 2018-09-30 | 102.72 | 185.17 | 11.74 | |
| 2018-06-30 | 97.95 | 183.52 | 9.52 | |
| 2018-03-31 | 98.16 | 158.52 | 9.46 | |
| 2017-12-31 | 98.37 | 133.52 | 11.10 | |
| 2017-09-30 | 96.03 | 163.19 | 9.77 | |
| 2017-06-30 | 93.68 | 192.87 | 8.44 | |
| 2017-03-31 | 86.94 | 183.03 | 8.74 | |
| 2016-12-31 | 80.19 | 173.19 | 9.04 | |
| 2016-09-30 | 76.60 | 123.95 | 8.83 | |
| 2016-06-30 | 73.02 | 74.71 | 8.63 | |
| 2016-03-31 | 73.08 | 92.67 | 8.48 | |
| 2015-12-31 | 73.14 | 110.63 | 8.33 | |
| 2014-12-31 | 72.61 | 145.39 | 7.53 | |
| 2013-12-31 | 86.87 | -27.54 | 5.79 | |
| 2012-12-31 | 91.45 | -14.93 | 6.30 |
*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.
- GMP Property SOCIMI has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- GMP Property SOCIMI used its assets more efficiently than the ES REITs industry average last year based on Return on Assets.
- GMP Property SOCIMI has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess 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 REITs 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)
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.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is GMP Property 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 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.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.2x 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.
All data from GMP Property SOCIMI Company Filings, last reported 5 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 1,275.94 | 839.32 | 59.34 |
| 2018-09-30 | 1,275.94 | 839.32 | 59.34 |
| 2018-06-30 | 1,202.69 | 855.83 | 68.38 |
| 2018-03-31 | 1,202.69 | 855.83 | 68.38 |
| 2017-12-31 | 1,117.21 | 865.74 | 66.87 |
| 2017-09-30 | 1,117.21 | 865.74 | 66.87 |
| 2017-06-30 | 1,045.09 | 864.62 | 60.83 |
| 2017-03-31 | 1,045.09 | 864.62 | 60.83 |
| 2016-12-31 | 986.11 | 862.23 | 50.12 |
| 2016-09-30 | 986.11 | 862.23 | 50.12 |
| 2016-06-30 | 848.79 | 861.84 | 28.01 |
| 2016-03-31 | 848.79 | 861.84 | 28.01 |
| 2015-12-31 | 681.45 | 978.35 | 55.66 |
| 2014-12-31 | 548.20 | 863.01 | 60.77 |
| 2013-12-31 | 351.04 | 879.08 | 36.06 |
| 2012-12-31 | 90.48 | 913.39 | 34.42 |
- GMP Property SOCIMI's level of debt (65.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (250% vs 65.8% today).
- Debt is not well covered by operating cash flow (4.7%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 4.1x coverage).
Financial health checks
We assess GMP Property SOCIMI's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) GMP Property SOCIMI has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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 GMP Property 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
If you bought
€2,000 of
GMP Property SOCIMI
shares you are expected to receive
€0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate GMP Property SOCIMI's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate GMP Property SOCIMI's dividend against the top 25% market benchmark as the company has not reported any payouts.
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.
| 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.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as GMP Property SOCIMI has not reported any payouts.
- Unable to verify if GMP Property SOCIMI's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess GMP Property SOCIMI's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can GMP Property SOCIMI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) GMP Property SOCIMI has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| TENURE AS CEO | 2.3 years |
CEO Bio
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.
CEO Compensation
- 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.
Management Team
Francisco Montoro Alemán
Chairman & CEO
2.3 yrs
Jorge Calvo
CFO and Financial & Technology Director
Antonio Pérez-Carro
Legal Director
Silvia Llanes
Director of Marketing
José Luis de la Calle
HR Director and Corporate Managing Director
Xabier Barrondo
Business Managing Director
Rafael Nebreda
Secretary
Board of Directors
Francisco Montoro Alemán
Chairman & CEO
Antonio Montoro Alemán
Deputy Chairman
Ricardo Montoro Alemán
Deputy Chairman
Sébastien Abascal
Director
42
Fernando Herrero
Director
Madeleine Cosgrave
Director
52
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess GMP Property SOCIMI's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) GMP Property 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
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.
Simply Wall St - – Full articleOne 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
Simply Wall St - – Full articleYou 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
Simply Wall St - – Full articleHow 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
Simply Wall St - – Full articleWhat 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.
Simply Wall St - – Full articleYou 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.
Simply Wall St - – Full articleCompany Info
Description
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.
Details
| Name: | GMP Property SOCIMI, S.A. |
| YGMP | |
| Exchange: | BME |
| Founded: | 1979 |
| €1,099,319,327 | |
| 19,118,597 | |
| Website: | http://www.grupogmp.com |
| Address: |
GMP Property SOCIMI, S.A. Luchana, 23, Madrid, Madrid, 28010, Spain |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BME | YGMP | Share Capital | Bolsas y Mercados Espanoles | ES | EUR | 29. Jul 2016 |
Number of employees
Current staff
Industry
| Diversified REITs | |
| Real Estate |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/06/18 22:07 |
| End of day share price update: | 2019/06/18 00:00 |
| Last earnings filing: | 2019/04/26 |
| 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.
