BME:YORE

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Olimpo Real Estate SOCIMI

Executive Summary


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.6%

YORE

2.4%

ES REITs

3.6%

ES Market


1 Year Return

-18.3%

YORE

-15.4%

ES REITs

-22.5%

ES Market

Return vs Industry: YORE underperformed the Spanish REITs industry which returned -16% over the past year.

Return vs Market: YORE exceeded the Spanish Market which returned -23.7% over the past year.


Shareholder returns

YOREIndustryMarket
7 Day-0.6%2.4%3.6%
30 Day-1.8%0.2%3.3%
90 Day-18.3%-23.8%-22.8%
1 Year-17.1%-18.3%-12.3%-15.4%-20.2%-22.5%
3 Year-13.9%-19.9%-5.1%-13.4%-27.1%-33.8%
5 Yearn/a0.8%-18.4%-22.2%-34.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

19.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: YORE (€0.83) is trading below our estimate of fair value (€1.02)

Significantly Below Fair Value: YORE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: YORE is poor value based on its PE Ratio (18.5x) compared to the REITs industry average (13x).

PE vs Market: YORE is poor value based on its PE Ratio (18.5x) compared to the Spanish market (14.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: YORE is good value based on its PB Ratio (0.9x) compared to the ES REITs industry average (1x).


Next Steps

Future Growth

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

11.0%

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 Olimpo Real Estate 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 Olimpo Real Estate SOCIMI performed over the past 5 years?

8583.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YORE has a large one-off gain of €9.1M impacting its June 30 2019 financial results.

Growing Profit Margin: YORE's current net profit margins (41%) are higher than last year (0.8%).


Past Earnings Growth Analysis

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

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

Earnings vs Industry: YORE earnings growth over the past year (8583.8%) exceeded the REITs industry 31.9%.


Return on Equity

High ROE: YORE's Return on Equity (4.6%) is considered low.


Next Steps

Financial Health

How is Olimpo Real Estate SOCIMI's financial position?


Financial Position Analysis

Short Term Liabilities: YORE's short term assets (€9.0M) exceed its short term liabilities (€3.9M).

Long Term Liabilities: YORE's short term assets (€9.0M) do not cover its long term liabilities (€178.5M).


Debt to Equity History and Analysis

Debt Level: YORE's debt to equity ratio (92%) is considered high.

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

Debt Coverage: YORE's debt is not well covered by operating cash flow (9.4%).

Interest Coverage: YORE's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Olimpo Real Estate SOCIMI's current dividend yield, its reliability and sustainability?

4.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: YORE's dividend (4.85%) is higher than the bottom 25% of dividend payers in the Spanish market (2.72%).

High Dividend: YORE's dividend (4.85%) is low compared to the top 25% of dividend payers in the Spanish market (8.06%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, YORE has been paying a dividend for less than 10 years.

Growing Dividend: YORE's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (64.6%), YORE's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Olimpo Real Estate SOCIMI has no CEO, or we have no data on them.


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

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


Key Information

  • Name: Olimpo Real Estate SOCIMI, S.A.
  • Ticker: YORE
  • Exchange: BME
  • Founded:
  • Industry: Retail REITs
  • Sector: Real Estate
  • Market Cap: €162.274m
  • Shares outstanding: 196.70m
  • Website: https://www.ores-socimi.com

Number of Employees


Location

  • Olimpo Real Estate SOCIMI, S.A.
  • Calle Goya, 22
  • 3ª planta
  • Madrid
  • Madrid
  • 28001
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YOREBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURFeb 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 11:51
End of Day Share Price2020/05/25 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.