BME:YMHRE

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Millenium Hotels Real Estate I SOCIMI

Executive Summary


Snowflake Analysis

Fair value with questionable track record.

Share Price & News

How has Millenium Hotels Real Estate I SOCIMI's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

YMHRE

2.7%

ES REITs

0.9%

ES Market


1 Year Return

-13.5%

YMHRE

-25.0%

ES REITs

-20.2%

ES Market

Return vs Industry: YMHRE exceeded the Spanish REITs industry which returned -26.3% over the past year.

Return vs Market: YMHRE exceeded the Spanish Market which returned -22.3% over the past year.


Shareholder returns

YMHREIndustryMarket
7 Day0%2.7%0.9%
30 Day-1.3%-2.3%-2.1%
90 Day-7.4%-6.7%-7.4%
1 Year-13.5%-13.5%-22.2%-25.0%-17.5%-20.2%
3 Yearn/a1.0%-8.9%-19.4%-26.8%
5 Yearn/a-9.6%-22.4%-15.8%-29.0%

Price Volatility Vs. Market

How volatile is Millenium Hotels Real Estate I SOCIMI's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Millenium Hotels Real Estate I SOCIMI undervalued compared to its fair value and its price relative to the market?

10.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate YMHRE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate YMHRE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: YMHRE is good value based on its PE Ratio (10.3x) compared to the ES REITs industry average (17.6x).

PE vs Market: YMHRE is good value based on its PE Ratio (10.3x) compared to the Spanish market (18.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YMHRE is good value based on its PB Ratio (0.8x) compared to the ES REITs industry average (1x).


Next Steps

Future Growth

How is Millenium Hotels Real Estate I SOCIMI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

34.5%

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 Millenium Hotels Real Estate I 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 Millenium Hotels Real Estate I SOCIMI performed over the past 5 years?

1,337.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YMHRE has a large one-off gain of €25.9M impacting its December 31 2019 financial results.

Growing Profit Margin: YMHRE's current net profit margins are higher than last year (61.8%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if YMHRE's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare YMHRE's past year earnings growth to its 5-year average.

Earnings vs Industry: YMHRE earnings growth over the past year (1337.1%) exceeded the REITs industry 6.1%.


Return on Equity

High ROE: YMHRE's Return on Equity (8.5%) is considered low.


Next Steps

Financial Health

How is Millenium Hotels Real Estate I SOCIMI's financial position?


Financial Position Analysis

Short Term Liabilities: YMHRE's short term assets (€54.6M) exceed its short term liabilities (€14.0M).

Long Term Liabilities: YMHRE's short term assets (€54.6M) do not cover its long term liabilities (€93.6M).


Debt to Equity History and Analysis

Debt Level: YMHRE's debt to equity ratio (29.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if YMHRE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: YMHRE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if YMHRE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Millenium Hotels Real Estate I SOCIMI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate YMHRE'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 YMHRE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if YMHRE'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 YMHRE'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?

1.2yrs

Average board tenure


CEO

Francisco Javier Illán Plaza

no data

Tenure

Mr. Francisco Javier Illán Plaza is the Chairman, President and Chief Executive Officer at Millenium Hotels Real Estate I SOCIMI, S.A. and has been its Director since May 10, 2019. Mr. Illán Plaza has spen ...


Board Members

NamePositionTenureCompensationOwnership
Francisco Javier Illán Plaza
Chairmanno datano datano data
Remigio Iglesias Surribas
Second Vice Chairman & Business Development Managerno datano datano data
Ignacio Aranguren González-Tarrío
Independent Director0.17yrno datano data
Enrique Rincón
Vice-Chairman1.17yrsno datano data
José María Castellano Ríos
Proprietary Director1.33yrsno datano data
Isabel Dutilh Carvajal
Independent Director1.33yrsno datano data
Jaime Montalvo Correa
Independent Director1.33yrsno datano data
Jorge Sanz
Independent Director0.17yrno datano data
Javier Piqueras
Independent Director0.17yrno datano data
Macarena de Vicuna
Independent Director0.17yrno datano data

1.2yrs

Average Tenure

Experienced Board: YMHRE's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

Millenium Hotels Real Estate I SOCIMI, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Millenium Hotels Real Estate I SOCIMI, S.A.
  • Ticker: YMHRE
  • Exchange: BME
  • Founded:
  • Industry: Hotel and Resort REITs
  • Sector: Real Estate
  • Market Cap: €224.764m
  • Shares outstanding: 49.95m
  • Website: https://www.milleniumhotelsrealestate.com/en/

Number of Employees


Location

  • Millenium Hotels Real Estate I SOCIMI, S.A.
  • Paseo De La Castellana 102
  • 102
  • Madrid
  • Madrid
  • 28046
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YMHREBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURJul 2019

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 21:37
End of Day Share Price2020/09/30 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.