BME:YOVA

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Optimum III Value-Added Residential Socimi

Executive Summary


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Optimum III Value-Added Residential Socimi's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

YOVA

1.5%

ES REITs

2.9%

ES Market


1 Year Return

-8.7%

YOVA

-16.7%

ES REITs

-18.7%

ES Market

Return vs Industry: YOVA exceeded the Spanish REITs industry which returned -16.7% over the past year.

Return vs Market: YOVA exceeded the Spanish Market which returned -18.7% over the past year.


Shareholder returns

YOVAIndustryMarket
7 Day0%1.5%2.9%
30 Day0%-4.1%-2.2%
90 Day-4.2%2.4%12.0%
1 Year-8.7%-8.7%-13.5%-16.7%-16.4%-18.7%
3 Year11.7%11.7%8.4%-1.1%-19.4%-26.6%
5 Yearn/a9.7%-11.9%-14.4%-28.2%

Price Volatility Vs. Market

How volatile is Optimum III Value-Added Residential Socimi's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Optimum III Value-Added Residential Socimi undervalued compared to its fair value and its price relative to the market?

1.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: YOVA is unprofitable, so we can't compare its PE Ratio to the REITs industry average.

PE vs Market: YOVA 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 YOVA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: YOVA is overvalued based on its PB Ratio (1.6x) compared to the ES REITs industry average (1x).


Next Steps

Future Growth

How is Optimum III Value-Added Residential Socimi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.9%

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 Optimum III Value-Added Residential 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 Optimum III Value-Added Residential Socimi performed over the past 5 years?

57.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YOVA is currently unprofitable.

Growing Profit Margin: YOVA is currently unprofitable.


Past Earnings Growth Analysis

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

Accelerating Growth: Unable to compare YOVA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: YOVA is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (17.6%).


Return on Equity

High ROE: YOVA has a negative Return on Equity (-5.1%), as it is currently unprofitable.


Next Steps

Financial Health

How is Optimum III Value-Added Residential Socimi's financial position?


Financial Position Analysis

Short Term Liabilities: YOVA's short term assets (€1.6M) exceed its short term liabilities (€1.4M).

Long Term Liabilities: YOVA's short term assets (€1.6M) do not cover its long term liabilities (€63.9M).


Debt to Equity History and Analysis

Debt Level: YOVA's debt to equity ratio (140.3%) is considered high.

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


Balance Sheet


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: YOVA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: YOVA has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 59.3% each year.


Next Steps

Dividend

What is Optimum III Value-Added Residential Socimi current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if YOVA'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 YOVA'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

Ignacio Pigrau Lázaro

no data

Tenure

Mr. Ignacio Pigrau Lázaro serves as Executive Director of Optimum RE Spain, SOCIMI, S.A. Mr. Lázaro serves as President, Chief Executive Officer and Director of Optimum III Value-Added Residential Socimi,  ...


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

Optimum III Value-Added Residential Socimi, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Optimum III Value-Added Residential Socimi, S.A.
  • Ticker: YOVA
  • Exchange: BME
  • Founded:
  • Industry: Residential REITs
  • Sector: Real Estate
  • Market Cap: €61.846m
  • Shares outstanding: 5.38m
  • Website: https://null

Location

  • Optimum III Value-Added Residential Socimi, S.A.
  • Paseo De Gracia 77 5
  • Barcelona
  • Catalonia
  • 8008
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YOVABME (Bolsas y Mercados Espanoles)YesShare CapitalESEURMay 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 21:06
End of Day Share Price2020/07/03 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.