Témpore Properties SOCIMI Valuation

Q: What is the Fair Price of YTEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

YTEM (€4.02) is trading above our estimate of [[fair value]] (€2)

Is YTEM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of YTEM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: YTEM (€4.02) is trading above our estimate of fair value (€2)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for YTEM?

Key metric: As YTEM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for YTEM. This is calculated by dividing YTEM's market cap by their current revenue.
What is YTEM's PS Ratio?
PS Ratio	13.2x
Sales	€10.26m
Market Cap	€135.36m

YTEM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	20.9x
Enterprise Value/EBITDA	36.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does YTEM's PS Ratio compare to its peers?

The above table shows the PS ratio for YTEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	21.1x
YFID Fidere Patrimonio Socimi	6.6x	n/a	€308.2m
YGAV Gavari Properties Socimi	41.5x	n/a	€42.5m
YTST Testa Residencial SOCIMI	3.9x	n/a	€410.8m
YIPS Inversa Prime SOCIMI	32.5x	-23.5%	€100.0m
YTEM Témpore Properties SOCIMI	13.2x	n/a	€135.4m

Price-To-Sales vs Peers: YTEM is good value based on its Price-To-Sales Ratio (13.2x) compared to the peer average (21.1x).

Price to Sales Ratio vs Industry

How does YTEM's PS Ratio compare vs other companies in the European Residential REITs Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: YTEM is expensive based on its Price-To-Sales Ratio (13.2x) compared to the European Residential REITs industry average (8.9x).

Price to Sales Ratio vs Fair Ratio

What is YTEM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

YTEM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	13.2x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate YTEM's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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