No risks detected for YMRE from our risk checks.
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Meridia Real Estate III SOCIMI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: YMRE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: YMRE exceeded the Spanish REITs industry which returned -26.6% over the past year.
Return vs Market: YMRE exceeded the Spanish Market which returned -22.8% over the past year.
Price Volatility Vs. Market
How volatile is Meridia Real Estate III SOCIMI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StWhat Kind Of Investors Own Most Of Meridia Real Estate III, SOCIMI, S.A. (BME:YMRE)?
11 months ago | Simply Wall StIs Meridia Real Estate III, SOCIMI, S.A.'s (BME:YMRE) ROE Of 1.9% Concerning?
1 year ago | Simply Wall StIs Meridia Real Estate III, SOCIMI, S.A. (BME:YMRE) A Healthy REIT?
Is Meridia Real Estate III SOCIMI undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate YMRE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate YMRE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: YMRE is unprofitable, so we can't compare its PE Ratio to the ES REITs industry average.
PE vs Market: YMRE is unprofitable, so we can't compare its PE Ratio to the Spanish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate YMRE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: YMRE is overvalued based on its PB Ratio (1.3x) compared to the ES REITs industry average (1.1x).
How is Meridia Real Estate III SOCIMI forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Meridia Real Estate III 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.
- Take a look at our analysis of YMRE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Meridia Real Estate III SOCIMI competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Meridia Real Estate III SOCIMI performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: YMRE is currently unprofitable.
Growing Profit Margin: YMRE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if YMRE's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare YMRE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: YMRE is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (6.1%).
Return on Equity
High ROE: YMRE has a negative Return on Equity (-3.01%), as it is currently unprofitable.
How is Meridia Real Estate III SOCIMI's financial position?
Financial Position Analysis
Short Term Liabilities: YMRE's short term assets (€56.2M) do not cover its short term liabilities (€59.7M).
Long Term Liabilities: YMRE's short term assets (€56.2M) do not cover its long term liabilities (€179.1M).
Debt to Equity History and Analysis
Debt Level: YMRE's debt to equity ratio (89%) is considered high.
Reducing Debt: Insufficient data to determine if YMRE's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: YMRE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: YMRE has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 54.9% each year.
What is Meridia Real Estate III SOCIMI current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate YMRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate YMRE'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 YMRE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if YMRE'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 YMRE's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
How experienced are the management team and are they aligned to shareholders interests?
Javier Faus Santasusana
Mr. Javier Faus Santasusana serves as President of the Board, President and CEO at Meridia Real Estate III, SOCIMI, S.A.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Meridia Real Estate III, SOCIMI, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Meridia Real Estate III, SOCIMI, S.A.
- Ticker: YMRE
- Exchange: BME
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: €148.165m
- Shares outstanding: 122.45m
Number of Employees
- Meridia Real Estate III, SOCIMI, S.A.
- Avda. Diagonal 640, Planta 5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|YMRE||BME (Bolsas y Mercados Espanoles)||Yes||Share Capital||ES||EUR||Dec 2017|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/26 04:38|
|End of Day Share Price||2020/09/25 00:00|
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.