Selectirente is a public real estate fund managed by Sofidy. More Details
Proven track record with mediocre balance sheet.
Share Price & News
How has Selectirente's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SELER is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SELER's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SELER underperformed the French REITs industry which returned 26.9% over the past year.
Return vs Market: SELER underperformed the French Market which returned 34.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Selectirente's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Selectirente 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: SELER (€90.5) is trading above our estimate of fair value (€68.27)
Significantly Below Fair Value: SELER is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SELER is poor value based on its PE Ratio (34.6x) compared to the French REITs industry average (11.5x).
PE vs Market: SELER is poor value based on its PE Ratio (34.6x) compared to the French market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SELER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SELER is overvalued based on its PB Ratio (1.3x) compared to the FR REITs industry average (0.8x).
How is Selectirente 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 Selectirente 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.
How has Selectirente performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SELER has a high level of non-cash earnings.
Growing Profit Margin: SELER's current net profit margins (54.9%) are higher than last year (53.1%).
Past Earnings Growth Analysis
Earnings Trend: SELER's earnings have grown by 17.8% per year over the past 5 years.
Accelerating Growth: SELER's earnings growth over the past year (24.3%) exceeds its 5-year average (17.8% per year).
Earnings vs Industry: SELER earnings growth over the past year (24.3%) exceeded the REITs industry -9.1%.
Return on Equity
High ROE: SELER's Return on Equity (3.6%) is considered low.
How is Selectirente's financial position?
Financial Position Analysis
Short Term Liabilities: SELER's short term assets (€103.1M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: SELER's short term assets (€103.1M) do not cover its long term liabilities (€138.4M).
Debt to Equity History and Analysis
Debt Level: SELER's debt to equity ratio (50.1%) is considered high.
Reducing Debt: SELER's debt to equity ratio has reduced from 159.2% to 50.1% over the past 5 years.
Debt Coverage: SELER's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: SELER's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is Selectirente current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SELER's dividend (3.59%) is higher than the bottom 25% of dividend payers in the French market (1.32%).
High Dividend: SELER's dividend (3.59%) is low compared to the top 25% of dividend payers in the French market (3.91%).
Stability and Growth of Payments
Stable Dividend: SELER's dividends per share have been stable in the past 10 years.
Growing Dividend: SELER's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (119.5%), SELER's dividend payments are not 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 management tenure
Mr. Jerome Descamps serves as Chairman of the Executive Board at Selectirente since February 2021. He is Responsible in particular for defining the strategy, for the investment decisions and fund raising, ...
Experienced Management: SELER's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: SELER's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Selectirente's company bio, employee growth, exchange listings and data sources
- Name: Selectirente
- Ticker: SELER
- Exchange: ENXTPA
- Founded: 1997
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: €377.162m
- Shares outstanding: 4.17m
- Website: https://www.selectirente.com
- 303 square des Champs Elysées
Selectirente is a public real estate fund managed by Sofidy. It invests in city center and suburb commercial properties, which should be located close to shopping malls. It primarily acquires properties in...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/25 19:33|
|End of Day Share Price||2021/07/23 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.