BME:YTOR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Torbel Investments 2015 SOCIMI

Executive Summary

Torbel Investments 2015 SOCIMI, S.A., through its subsidiaries, engages in the real estate investment and leasing activities.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Torbel Investments 2015 SOCIMI's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.0%

YTOR

-2.7%

ES REITs

-1.6%

ES Market


1 Year Return

-9.6%

YTOR

-18.3%

ES REITs

-18.6%

ES Market

Return vs Industry: YTOR exceeded the Spanish REITs industry which returned -18.2% over the past year.

Return vs Market: YTOR exceeded the Spanish Market which returned -19.4% over the past year.


Shareholder returns

YTORIndustryMarket
7 Day-1.0%-2.7%-1.6%
30 Day-9.6%-3.4%2.0%
90 Day-9.6%-3.5%3.9%
1 Year-9.6%-9.6%-14.6%-18.3%-16.1%-18.6%
3 Yearn/a4.7%-5.3%-20.3%-27.6%
5 Yearn/a2.9%-11.1%-18.0%-31.3%

Price Volatility Vs. Market

How volatile is Torbel Investments 2015 SOCIMI's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Torbel Investments 2015 SOCIMI undervalued compared to its fair value and its price relative to the market?

2.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: YTOR is overvalued based on its PB Ratio (2.6x) compared to the ES REITs industry average (1x).


Next Steps

Future Growth

How is Torbel Investments 2015 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 Torbel Investments 2015 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 Torbel Investments 2015 SOCIMI performed over the past 5 years?

49.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: YTOR is currently unprofitable.

Growing Profit Margin: YTOR is currently unprofitable.


Past Earnings Growth Analysis

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

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

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


Return on Equity

High ROE: YTOR has a negative Return on Equity (-26.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is Torbel Investments 2015 SOCIMI's financial position?


Financial Position Analysis

Short Term Liabilities: YTOR's short term assets (€6.0M) do not cover its short term liabilities (€45.2M).

Long Term Liabilities: YTOR's short term assets (€6.0M) do not cover its long term liabilities (€88.9M).


Debt to Equity History and Analysis

Debt Level: YTOR's debt to equity ratio (394.5%) is considered high.

Reducing Debt: Insufficient data to determine if YTOR'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: Insufficient data to determine if YTOR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if YTOR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Torbel Investments 2015 SOCIMI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.4yrs

Average board tenure


CEO

Eduard Fradera

4.42yrs

Tenure

Mr. Eduard Mendiluce Fradera serves as Chairman and Chief Executive Officer at Torbel Investments 2015 SOCIMI, S.A. since February 09, 2016. 


Board Members

NamePositionTenureCompensationOwnership
Eduard Fradera
Chairman & CEO4.42yrsno datano data
Jean-Christophe Dubois
Director4.42yrsno datano data
Jean-François Bossy
Director4.42yrsno datano data
Diego José
Director4.42yrsno datano data

4.4yrs

Average Tenure

Experienced Board: YTOR's board of directors are considered experienced (4.4 years average tenure).


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

Torbel Investments 2015 SOCIMI, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Torbel Investments 2015 SOCIMI, S.A.
  • Ticker: YTOR
  • Exchange: BME
  • Founded: 2016
  • Industry: Residential REITs
  • Sector: Real Estate
  • Market Cap: €82.957m
  • Shares outstanding: 8.05m
  • Website: https://www.torbelproperties.com

Location

  • Torbel Investments 2015 SOCIMI, S.A.
  • calle Roure, 6-8 Pol. Ind.
  • Mas Mateu P.4
  • El Prat De Llobregat
  • Catalonia
  • 8820
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YTORBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURJul 2018

Biography

Torbel Investments 2015 SOCIMI, S.A., through its subsidiaries, engages in the real estate investment and leasing activities. The company’s portfolio includes various real estate properties, including primarily residential assets, as well as apartments, garages, warehouses, houses, and business premises. It has 2,495 leased assets in Catalonia, Valencia, and Madrid, as well as other regions in Spain. The company was formerly known as Torbel Investments 2015, S.A. and changed its name to Torbel Investments 2015 SOCIMI, S.A. in November 2016. The company was incorporated in 2016 and is based in El Prat de Llobregat, Spain. Torbel Investments 2015 SOCIMI, S.A. is a subsidiary of Empire (SOCIMI) Holdco S.à r.l. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 20:59
End of Day Share Price2020/07/13 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.