Citycon Oyj, a real estate investment company, operates as an owner, manager, and developer of mixed-use centers for urban living in the Nordic region. More Details
Reasonable growth potential second-rate dividend payer.
Share Price & News
How has Citycon Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTY1S is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CTY1S's weekly volatility (2%) has been stable over the past year.
7 Day Return
FI Real Estate
1 Year Return
FI Real Estate
Return vs Industry: CTY1S underperformed the Finnish Real Estate industry which returned 19.8% over the past year.
Return vs Market: CTY1S underperformed the Finnish Market which returned 31.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Citycon Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Are The Total Returns Earned By Shareholders Of Citycon Oyj (HEL:CTY1S) On Their Investment?
1 month ago | Simply Wall StHere's Why Citycon Oyj (HEL:CTY1S) Is Weighed Down By Its Debt Load
2 months ago | Simply Wall StWhat Type Of Shareholders Make Up Citycon Oyj's (HEL:CTY1S) Share Registry?
Is Citycon Oyj undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CTY1S (€7.23) is trading above our estimate of fair value (€5.55)
Significantly Below Fair Value: CTY1S is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CTY1S is unprofitable, so we can't compare its PE Ratio to the European Real Estate industry average.
PE vs Market: CTY1S is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CTY1S's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CTY1S is good value based on its PB Ratio (0.6x) compared to the XE Real Estate industry average (1.1x).
How is Citycon Oyj forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CTY1S is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: CTY1S is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CTY1S's is expected to become profitable in the next 3 years.
Revenue vs Market: CTY1S's revenue (3.8% per year) is forecast to grow faster than the Finnish market (3.5% per year).
High Growth Revenue: CTY1S's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CTY1S's Return on Equity is forecast to be low in 3 years time (3.8%).
How has Citycon Oyj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTY1S is currently unprofitable.
Growing Profit Margin: CTY1S is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CTY1S is unprofitable, and losses have increased over the past 5 years at a rate of 62.7% per year.
Accelerating Growth: Unable to compare CTY1S's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CTY1S is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.5%).
Return on Equity
High ROE: CTY1S has a negative Return on Equity (-0.73%), as it is currently unprofitable.
How is Citycon Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: CTY1S's short term assets (€128.0M) do not cover its short term liabilities (€188.5M).
Long Term Liabilities: CTY1S's short term assets (€128.0M) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: CTY1S's debt to equity ratio (94.9%) is considered high.
Reducing Debt: CTY1S's debt to equity ratio has increased from 89% to 94.9% over the past 5 years.
Debt Coverage: CTY1S's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: CTY1S is unprofitable, therefore interest payments are not well covered by earnings.
What is Citycon Oyj current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CTY1S's dividend (6.92%) is higher than the bottom 25% of dividend payers in the Finnish market (1.66%).
High Dividend: CTY1S's dividend (6.92%) is in the top 25% of dividend payers in the Finnish market (3.7%)
Stability and Growth of Payments
Stable Dividend: CTY1S's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTY1S's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CTY1S is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: CTY1S's dividends in 3 years are forecast to be covered by earnings (73.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
F. Ball (60 yo)
Mr. F. Scott Ball serves as Chief Executive Officer at Citycon Oyj since January 1, 2019. Mr. Ball served as President and Chief Operating Officer of Starwood Retail Partners, LLC until 2017. Mr. Ball had ...
CEO Compensation Analysis
Compensation vs Market: F.'s total compensation ($USD1.98M) is above average for companies of similar size in the Finnish market ($USD991.76K).
Compensation vs Earnings: F.'s compensation has increased whilst the company is unprofitable.
Experienced Management: CTY1S's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: CTY1S's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Citycon Oyj's company bio, employee growth, exchange listings and data sources
- Name: Citycon Oyj
- Ticker: CTY1S
- Exchange: HLSE
- Founded: 1988
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €1.290b
- Shares outstanding: 178.00m
- Website: https://www.citycon.com
Number of Employees
- Citycon Oyj
- Iso Omena
- Piispansilta 9 A
Citycon Oyj, a real estate investment company, operates as an owner, manager, and developer of mixed-use centers for urban living in the Nordic region. It develops retail, office space, and housing propert...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 23:33|
|End of Day Share Price||2021/06/24 00:00|
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.