Zambal Spain Socimi, S.A.

BME:YZBL Stock Report

Market Cap: €603.6m

Zambal Spain Socimi Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: YZBL (€0.94) is trading below our estimate of fair value (€1.33)

Significantly Below Fair Value: YZBL is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As YZBL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for YZBL. This is calculated by dividing YZBL's market cap by their current earnings.
What is YZBL's PE Ratio?
PE Ratio23.4x
Earnings€25.77m
Market Cap€603.57m

Price to Earnings Ratio vs Peers

How does YZBL's PE Ratio compare to its peers?

The above table shows the PE ratio for YZBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.1x
YIBV Ibervalles
23.4xn/a€271.5m
YLFG Lafinca Global Assets SOCIMI
24xn/a€166.3m
YDOA Inversiones Doalca SOCIMI
21.6xn/a€156.7m
SCHST Nordeste Properties SOCIMI
27.4xn/a€619.6m
YZBL Zambal Spain Socimi
23.4xn/a€603.6m

Price-To-Earnings vs Peers: YZBL is good value based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (24.1x).

Price to Earnings Ratio vs Industry

How does YZBL's PE Ratio compare vs other companies in the Global Office REITs Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YZBL 23.4xIndustry Avg. 19.7xNo. of Companies8PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: YZBL is expensive based on its Price-To-Earnings Ratio (23.4x) compared to the Global Office REITs industry average (19.8x).

Price to Earnings Ratio vs Fair Ratio

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

YZBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate YZBL's Price-To-Earnings 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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