Created in 2006, Cegereal is a listed property company that invests in prime office properties in Greater Paris. More Details
+ 1 more risk
Unattractive dividend payer with imperfect balance sheet.
Share Price & News
How has CeGeREAL's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CGR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CGR exceeded the French REITs industry which returned -39.4% over the past year.
Return vs Market: CGR underperformed the French Market which returned -10.9% over the past year.
Price Volatility Vs. Market
How volatile is CeGeREAL's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StDid You Participate In Any Of CeGeREAL's (EPA:CGR) Respectable 61% Return?
2 months ago | Simply Wall StCould The CeGeREAL (EPA:CGR) Ownership Structure Tell Us Something Useful?
5 months ago | Simply Wall StIs CeGeREAL's (EPA:CGR) ROE Of 11% Impressive?
Is CeGeREAL undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CGR (€33.6) is trading above our estimate of fair value (€13.55)
Significantly Below Fair Value: CGR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CGR is poor value based on its PE Ratio (11.4x) compared to the FR REITs industry average (7.3x).
PE vs Market: CGR is good value based on its PE Ratio (11.4x) compared to the French market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CGR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGR is overvalued based on its PB Ratio (0.7x) compared to the FR REITs industry average (0.6x).
How is CeGeREAL forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 CeGeREAL 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.
- Take a look at our analysis of CGR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- CeGeREAL competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has CeGeREAL performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGR has a large one-off gain of €14.7M impacting its June 30 2020 financial results.
Growing Profit Margin: CGR's current net profit margins (58.8%) are lower than last year (85.9%).
Past Earnings Growth Analysis
Earnings Trend: CGR's earnings have declined by 4.9% per year over the past 5 years.
Accelerating Growth: CGR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CGR had negative earnings growth (-27.5%) over the past year, making it difficult to compare to the REITs industry average (13.2%).
Return on Equity
High ROE: CGR's Return on Equity (6.5%) is considered low.
How is CeGeREAL's financial position?
Financial Position Analysis
Short Term Liabilities: CGR's short term assets (€74.8M) exceed its short term liabilities (€52.6M).
Long Term Liabilities: CGR's short term assets (€74.8M) do not cover its long term liabilities (€775.6M).
Debt to Equity History and Analysis
Debt Level: CGR's debt to equity ratio (107.1%) is considered high.
Reducing Debt: CGR's debt to equity ratio has increased from 78.5% to 107.1% over the past 5 years.
Debt Coverage: CGR's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: CGR's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is CeGeREAL current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGR's dividend (2.23%) is higher than the bottom 25% of dividend payers in the French market (1.56%).
High Dividend: CGR's dividend (2.23%) is low compared to the top 25% of dividend payers in the French market (5.25%).
Stability and Growth of Payments
Stable Dividend: CGR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGR's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.3%), CGR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jérôme Anselme (46 yo)
Jérôme Anselme is Managing Director at Northwood Investors (“Northwood”). Since joining Northwood in 2012, Mr. Anselme has been actively involved in all of the firm’s European investment and asset manageme ...
|CEO & Director||2.92yrs||no data||no data|
|Chairman of the Board||4.42yrs||no data||no data|
|Independent Director||9.58yrs||€65.00k||0.00074% |
|Independent Director||4.42yrs||€65.00k||no data|
|Director||1.42yrs||no data||no data|
|Independent Director||4.58yrs||€65.00k||no data|
|Director||4.83yrs||no data||no data|
|Director||4.83yrs||no data||no data|
|Director||4.33yrs||no data||no data|
|Director||4.42yrs||no data||no data|
Experienced Board: CGR's board of directors are considered experienced (4.5 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.
CeGeREAL's company bio, employee growth, exchange listings and data sources
- Name: CeGeREAL
- Ticker: CGR
- Exchange: ENXTPA
- Founded: 1999
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: €534.030m
- Shares outstanding: 15.89m
- Website: https://www.cegereal.com
Number of Employees
- 42, rue de Bassano
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CGR||ENXTPA (Euronext Paris)||Yes||Common Stock||FR||EUR||Mar 2006|
|D2L||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2006|
|0DYT||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Mar 2006|
|CGRP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Mar 2006|
Created in 2006, Cegereal is a listed property company that invests in prime office properties in Greater Paris. The total value of the portfolio was estimated at €1,460 million at June 30, 2020 (excluding ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 04:59|
|End of Day Share Price||2020/09/25 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.