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Zaragoza Properties SOCIMI

BME:YZPS
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
YZPS
BME
€129M
Market Cap
YZPS Share Price and Events
7 Day Returns
0%
BME:YZPS
0.9%
ES REITs
-1.5%
ES Market
1 Year Returns
27%
BME:YZPS
2.9%
ES REITs
-5.9%
ES Market
YZPS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zaragoza Properties SOCIMI (YZPS) 0% 0% 0% 27% 90.7% -
ES REITs 0.9% 2.3% 5% 2.9% 29.4% 13.5%
ES Market -1.5% -1.2% -2.9% -5.9% 8.9% -19.3%
1 Year Return vs Industry and Market
  • YZPS outperformed the REITs industry which returned 2.9% over the past year.
  • YZPS outperformed the Market in Spain which returned -5.9% over the past year.
Price Volatility
YZPS
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Zaragoza Properties SOCIMI's competitors could be found in our database.

Value

 Is Zaragoza Properties SOCIMI undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Zaragoza Properties SOCIMI to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Zaragoza Properties SOCIMI.

BME:YZPS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.3%
Perpetual Growth Rate 10-Year ES Government Bond Rate 1.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BME:YZPS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ES Govt Bond Rate 1.5%
Equity Risk Premium S&P Global 8.2%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.49
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.493 (1 + (1- 25%) (312.56%))
1.435
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.44
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.53% + (1.435 * 8.18%)
13.27%

Discounted Cash Flow Calculation for BME:YZPS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Zaragoza Properties SOCIMI is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BME:YZPS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 13.27%)
2019 8.20 Est @ -10.35% 7.24
2020 7.64 Est @ -6.79% 5.96
2021 7.31 Est @ -4.29% 5.03
2022 7.13 Est @ -2.55% 4.33
2023 7.03 Est @ -1.33% 3.77
2024 7.00 Est @ -0.47% 3.31
2025 7.01 Est @ 0.13% 2.93
2026 7.05 Est @ 0.55% 2.60
2027 7.11 Est @ 0.84% 2.32
2028 7.18 Est @ 1.05% 2.07
Present value of next 10 years cash flows €39.55
BME:YZPS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €7.18 × (1 + 1.53%) ÷ (13.27% – 1.53%)
€62.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €62.09 ÷ (1 + 13.27%)10
€17.87
BME:YZPS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €39.55 + €17.87
€57.42
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €57.42 / 5.06
€11.35
BME:YZPS Discount to Share Price
Calculation Result
Value per share (EUR) From above. €11.35
Current discount Discount to share price of €25.40
= -1 x (€25.40 - €11.35) / €11.35
-123.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Zaragoza Properties SOCIMI is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zaragoza Properties SOCIMI's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zaragoza Properties SOCIMI's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BME:YZPS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €-4.54
BME:YZPS Share Price ** BME (2019-06-18) in EUR €25.4
Spain REITs Industry PE Ratio Median Figure of 24 Publicly-Listed REITs Companies 17.33x
Spain Market PE Ratio Median Figure of 138 Publicly-Listed Companies 17.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zaragoza Properties SOCIMI.

BME:YZPS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:YZPS Share Price ÷ EPS (both in EUR)

= 25.4 ÷ -4.54

-5.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zaragoza Properties SOCIMI is loss making, we can't compare its value to the ES REITs industry average.
  • Zaragoza Properties SOCIMI is loss making, we can't compare the value of its earnings to the Spain market.
Price based on expected Growth
Does Zaragoza Properties SOCIMI's expected growth come at a high price?
Raw Data
BME:YZPS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Spain REITs Industry PEG Ratio Median Figure of 5 Publicly-Listed REITs Companies -0.35x
Spain Market PEG Ratio Median Figure of 79 Publicly-Listed Companies 1.59x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Zaragoza Properties SOCIMI, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zaragoza Properties SOCIMI's assets?
Raw Data
BME:YZPS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €-4.85
BME:YZPS Share Price * BME (2019-06-18) in EUR €25.4
Spain REITs Industry PB Ratio Median Figure of 29 Publicly-Listed REITs Companies 1.18x
Spain Market PB Ratio Median Figure of 185 Publicly-Listed Companies 1.64x
BME:YZPS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:YZPS Share Price ÷ Book Value per Share (both in EUR)

= 25.4 ÷ -4.85

-5.24x

* Primary Listing of Zaragoza Properties SOCIMI.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zaragoza Properties SOCIMI has negative assets, we can't compare the value of its assets to the ES REITs industry average.
X
Value checks
We assess Zaragoza Properties SOCIMI's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Zaragoza Properties SOCIMI has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Zaragoza Properties SOCIMI expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Zaragoza Properties 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-5.1%
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zaragoza Properties SOCIMI expected to grow at an attractive rate?
  • Unable to compare Zaragoza Properties SOCIMI's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zaragoza Properties SOCIMI's earnings growth to the Spain market average as no estimate data is available.
  • Unable to compare Zaragoza Properties SOCIMI's revenue growth to the Spain market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BME:YZPS Future Growth Rates Data Sources
Data Point Source Value (per year)
Spain REITs Industry Earnings Growth Rate Market Cap Weighted Average -5.1%
Spain REITs Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
Spain Market Earnings Growth Rate Market Cap Weighted Average 7.8%
Spain Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BME:YZPS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BME:YZPS Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 31 9 -23
2018-09-30 31 12 -23
2018-06-30 30 15 -23
2018-03-31 30 15 -22
2017-12-31 29 14 -21
2017-09-30 29 14 -20
2017-06-30 29 14 -20
2017-03-31 28 13 -22
2016-12-31 28 13 -24
2016-06-30 28 11 -27
2016-03-31 22 8 -22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Zaragoza Properties SOCIMI is high growth as no earnings estimate data is available.
  • Unable to determine if Zaragoza Properties SOCIMI is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BME:YZPS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Zaragoza Properties SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:YZPS Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 -4.54
2018-09-30 -4.59
2018-06-30 -4.64
2018-03-31 -4.39
2017-12-31 -4.14
2017-09-30 -4.01
2017-06-30
2017-03-31
2016-12-31 -4.72
2016-06-30 -5.30
2016-03-31 -4.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Zaragoza Properties SOCIMI will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Zaragoza Properties SOCIMI's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  2. Zaragoza Properties SOCIMI's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Zaragoza Properties SOCIMI's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Spain market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Spain market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zaragoza Properties SOCIMI has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Zaragoza Properties SOCIMI performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zaragoza Properties SOCIMI's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zaragoza Properties SOCIMI does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Zaragoza Properties SOCIMI's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Zaragoza Properties SOCIMI's 1-year growth to the ES REITs industry average as it is not currently profitable.
Earnings and Revenue History
Zaragoza Properties SOCIMI's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zaragoza Properties SOCIMI Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:YZPS Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 31.32 -22.95 0.81
2018-09-30 30.77 -23.22 0.74
2018-06-30 30.22 -23.49 0.67
2018-03-31 29.68 -22.21 0.60
2017-12-31 29.14 -20.94 0.53
2017-09-30 28.93 -20.31 0.45
2017-06-30 28.72 -19.68 0.38
2017-03-31 28.35 -21.79 0.38
2016-12-31 27.98 -23.90 0.38
2016-06-30 27.82 -26.84 0.29
2016-03-31 21.72 -21.87 0.13
2015-12-31 19.99 -27.74 0.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Zaragoza Properties SOCIMI has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Zaragoza Properties SOCIMI has efficiently used its assets last year compared to the ES REITs industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Zaragoza Properties SOCIMI improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Zaragoza Properties SOCIMI's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zaragoza Properties SOCIMI has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Zaragoza Properties SOCIMI's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zaragoza Properties SOCIMI's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zaragoza Properties SOCIMI is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zaragoza Properties SOCIMI's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Zaragoza Properties SOCIMI's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Zaragoza Properties SOCIMI has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zaragoza Properties SOCIMI Company Filings, last reported 5 months ago.

BME:YZPS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -24.52 401.72 10.23
2018-09-30 -24.52 401.72 10.23
2018-06-30 -13.91 426.90 35.19
2018-03-31 -13.91 426.90 35.19
2017-12-31 -1.57 428.21 39.17
2017-09-30 -1.57 428.21 39.17
2017-06-30 9.58 422.75 32.65
2017-03-31 9.58 422.75 32.65
2016-12-31 19.37 418.24 26.16
2016-06-30 29.27 414.46 20.31
2016-03-31 29.27 414.46 20.31
2015-12-31 43.27 406.02 14.16
  • Zaragoza Properties SOCIMI has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Zaragoza Properties SOCIMI's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Zaragoza Properties SOCIMI has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Zaragoza Properties SOCIMI has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -11.2% per year.
X
Financial health checks
We assess Zaragoza Properties SOCIMI's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Zaragoza Properties SOCIMI has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Zaragoza Properties SOCIMI's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Zaragoza Properties SOCIMI dividends.
If you bought €2,000 of Zaragoza Properties SOCIMI shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Zaragoza Properties SOCIMI's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Zaragoza Properties SOCIMI's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BME:YZPS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Spain REITs Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 3.1%
Spain Market Average Dividend Yield Market Cap Weighted Average of 77 Stocks 4.4%
Spain Minimum Threshold Dividend Yield 10th Percentile 1.2%
Spain Bottom 25% Dividend Yield 25th Percentile 2.2%
Spain Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Zaragoza Properties SOCIMI has not reported any payouts.
  • Unable to verify if Zaragoza Properties SOCIMI's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Zaragoza Properties SOCIMI's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Zaragoza Properties SOCIMI has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Zaragoza Properties SOCIMI's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zaragoza Properties SOCIMI afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zaragoza Properties SOCIMI has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Zaragoza Properties SOCIMI's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Zaragoza Properties SOCIMI has no CEO, or we have no data on them.
Management Team

Belen Garrigues Calderón

TITLE
Secretary of the Board of Director
TENURE
4 yrs
Board of Directors

Martin Breeden

TITLE
Chairman of the Board of Directors

Nicholas Hodson

TITLE
Vice Chairman of the Board of Directors

José Del Pozo

TITLE
Director
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Zaragoza Properties SOCIMI's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Zaragoza Properties SOCIMI has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

The Zaragoza Properties SOCIMI (BME:YZPS) Share Price Is Up 91% And Shareholders Are Holding On

Just take a look at Zaragoza Properties SOCIMI, S.A. … View our latest analysis for Zaragoza Properties SOCIMI Zaragoza Properties SOCIMI isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … You could get a better understanding of Zaragoza Properties SOCIMI's growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Simply Wall St -

How To Look At Zaragoza Properties SOCIMI, S.A. (BME:YZPS)

real estate investment trust (REIT) based in Madrid, Spain. … REITs are basically a portfolio of income-producing real estate investments, which are owned and operated by management of that trust company. … They have to meet certain requirements in order to become a REIT, meaning they should be analyzed a different way.

Simply Wall St -

Why You Shouldn't Look At Zaragoza Properties SOCIMI, S.A.'s (BME:YZPS) Bottom Line

The structure of YZPS is unique and it has to adhere to different requirements compared to other non-REIT stocks. … A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent … FFO is a cleaner and more representative figure of how much YZPS actually makes from its day-to-day operations, compared to net income, which can be affected by one-off activities or non-cash items such as depreciation

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Does Zaragoza Properties Socimi SA (BME:YZPS) Go Up With The Market?

Based on this beta value, YZPS appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what YZPS’s actual beta value suggests, which is lower stock volatility relative to the market. … Depending on the composition of your portfolio, low-beta stocks such as YZPS is valuable to lower your risk of market exposure, in particular, during times of economic decline.

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How Should You Analyze REIT Stock Zaragoza Properties Socimi SA (BME:YZPS)?

BME:YZPS Historical Debt Mar 14th 18 In order to understand whether YZPS has a healthy balance sheet, we have to look at a metric called FFO-to-total debt. … This tells us how long it will take YZPS to pay off its debt using its income from its main business activities, and gives us an insight into YZPS’s ability to service its borrowings. … This would take YZPS 33 years to pay off using just operating income, which is a long time, and risk increases with time.

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Company Info

Description

Details
Name: Zaragoza Properties SOCIMI, S.A.
YZPS
Exchange: BME
Founded:
€128,524,000
5,060,000
Website: http://www.zaragoza-properties.es
Address: Zaragoza Properties SOCIMI, S.A.
Calle Eduardo Dato 18,
Planta Semisótano,
Madrid,
Madrid, 28010,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME YZPS Ordinary Shares Bolsas y Mercados Espanoles ES EUR 15. Sep 2015
Number of employees
Current staff
Staff numbers
0
Zaragoza Properties SOCIMI employees.
Industry
Hotel and Resort REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 21:59
End of day share price update: 2019/06/18 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.