BME:YGMP

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GMP Property SOCIMI

Executive Summary

Gmp Property SOCIMI, S.A. invests, acquires, develops, and manages offices, shopping centers and commercial premises, industrial buildings, and logistics centers in Spain. More Details


Snowflake Analysis

Fair value with acceptable track record.

Share Price & News

How has GMP Property SOCIMI's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YGMP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

YGMP

-1.1%

ES REITs

-3.8%

ES Market


1 Year Return

2.7%

YGMP

-25.7%

ES REITs

-22.2%

ES Market

Return vs Industry: YGMP exceeded the Spanish REITs industry which returned -25.7% over the past year.

Return vs Market: YGMP exceeded the Spanish Market which returned -22.2% over the past year.


Shareholder returns

YGMPIndustryMarket
7 Day0%-1.1%-3.8%
30 Day0%-4.3%-2.6%
90 Day-4.9%-7.4%-4.5%
1 Year4.6%2.7%-22.8%-25.7%-19.6%-22.2%
3 Year44.4%36.7%-4.8%-14.1%-22.0%-29.1%
5 Yearn/a-7.2%-20.4%-9.2%-23.4%

Price Volatility Vs. Market

How volatile is GMP Property SOCIMI's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GMP Property SOCIMI undervalued compared to its fair value and its price relative to the market?

5.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: YGMP (€58) is trading above our estimate of fair value (€36.95)

Significantly Below Fair Value: YGMP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: YGMP is good value based on its PE Ratio (5.6x) compared to the ES REITs industry average (17.6x).

PE vs Market: YGMP is good value based on its PE Ratio (5.6x) compared to the Spanish market (18.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YGMP is good value based on its PB Ratio (0.8x) compared to the ES REITs industry average (1.1x).


Next Steps

Future Growth

How is GMP Property SOCIMI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.4%

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 GMP Property 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 GMP Property SOCIMI performed over the past 5 years?

12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YGMP has a large one-off gain of €155.6M impacting its December 31 2019 financial results.

Growing Profit Margin: YGMP's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: YGMP's earnings have grown by 12.1% per year over the past 5 years.

Accelerating Growth: YGMP's earnings growth over the past year (6.8%) is below its 5-year average (12.1% per year).

Earnings vs Industry: YGMP earnings growth over the past year (6.8%) exceeded the REITs industry 6.1%.


Return on Equity

High ROE: YGMP's Return on Equity (14%) is considered low.


Next Steps

Financial Health

How is GMP Property SOCIMI's financial position?


Financial Position Analysis

Short Term Liabilities: YGMP's short term assets (€269.0M) exceed its short term liabilities (€49.2M).

Long Term Liabilities: YGMP's short term assets (€269.0M) do not cover its long term liabilities (€945.1M).


Debt to Equity History and Analysis

Debt Level: YGMP's debt to equity ratio (60.3%) is considered high.

Reducing Debt: YGMP's debt to equity ratio has reduced from 157.4% to 60.3% over the past 5 years.

Debt Coverage: YGMP's debt is not well covered by operating cash flow (6%).

Interest Coverage: YGMP's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Next Steps

Dividend

What is GMP Property SOCIMI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Francisco Montoro Alemán

3.5yrs

Tenure

Mr. Francisco Luis 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 Director ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GMP Property SOCIMI, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GMP Property SOCIMI, S.A.
  • Ticker: YGMP
  • Exchange: BME
  • Founded: 1979
  • Industry: Diversified REITs
  • Sector: Real Estate
  • Market Cap: €1.109b
  • Shares outstanding: 19.12m
  • Website: https://www.grupogmp.com

Number of Employees


Location

  • GMP Property SOCIMI, S.A.
  • Luchana, 23
  • Madrid
  • Madrid
  • 28010
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YGMPBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURJul 2016

Biography

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 luxur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 03:59
End of Day Share Price2020/09/22 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.