ENXTPA:SFBS

Stock Analysis Report

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Executive Summary

Sofibus Patrimoine S.A. engages in the real estate rental and leasing business in France. More Details


Snowflake Analysis

Excellent balance sheet with proven track record and pays a dividend.

Share Price & News

How has Sofibus Patrimoine's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SFBS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.1%

SFBS

-1.1%

FR Real Estate

0.4%

FR Market


1 Year Return

-4.5%

SFBS

-19.2%

FR Real Estate

-6.0%

FR Market

Return vs Industry: SFBS exceeded the French Real Estate industry which returned -20.2% over the past year.

Return vs Market: SFBS exceeded the French Market which returned -8.5% over the past year.


Shareholder returns

SFBSIndustryMarket
7 Day-2.1%-1.1%0.4%
30 Day-3.0%-5.8%-1.8%
90 Day-3.5%-5.1%-3.2%
1 Year-1.5%-4.5%-15.6%-19.2%-3.9%-6.0%
3 Year59.9%45.8%-12.7%-23.6%4.1%-5.0%
5 Year158.6%116.0%45.7%19.9%34.4%14.4%

Price Volatility Vs. Market

How volatile is Sofibus Patrimoine's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sofibus Patrimoine undervalued compared to its fair value and its price relative to the market?

24.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SFBS (€191) is trading above our estimate of fair value (€54.09)

Significantly Below Fair Value: SFBS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SFBS is poor value based on its PE Ratio (24.8x) compared to the FR Real Estate industry average (9.4x).

PE vs Market: SFBS is poor value based on its PE Ratio (24.8x) compared to the French market (17x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SFBS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SFBS is overvalued based on its PB Ratio (3.8x) compared to the FR Real Estate industry average (0.9x).


Next Steps

Future Growth

How is Sofibus Patrimoine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.2%

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 Sofibus Patrimoine 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.


Next Steps

Past Performance

How has Sofibus Patrimoine performed over the past 5 years?

1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SFBS has a high level of non-cash earnings.

Growing Profit Margin: SFBS's current net profit margins (34.7%) are higher than last year (26.1%).


Past Earnings Growth Analysis

Earnings Trend: SFBS's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: SFBS's earnings growth over the past year (40.4%) exceeds its 5-year average (1.3% per year).

Earnings vs Industry: SFBS earnings growth over the past year (40.4%) exceeded the Real Estate industry 3.7%.


Return on Equity

High ROE: SFBS's Return on Equity (15.3%) is considered low.


Next Steps

Financial Health

How is Sofibus Patrimoine's financial position?


Financial Position Analysis

Short Term Liabilities: SFBS's short term assets (€18.8M) exceed its short term liabilities (€13.3M).

Long Term Liabilities: SFBS's short term assets (€18.8M) exceed its long term liabilities (€4.2M).


Debt to Equity History and Analysis

Debt Level: SFBS's debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: SFBS's debt to equity ratio has increased from 0% to 10.5% over the past 5 years.

Debt Coverage: SFBS's debt is well covered by operating cash flow (170%).

Interest Coverage: SFBS's interest payments on its debt are well covered by EBIT (422x coverage).


Balance Sheet


Next Steps

Dividend

What is Sofibus Patrimoine current dividend yield, its reliability and sustainability?

3.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SFBS's dividend (3.14%) is higher than the bottom 25% of dividend payers in the French market (1.54%).

High Dividend: SFBS's dividend (3.14%) is low compared to the top 25% of dividend payers in the French market (5.22%).


Stability and Growth of Payments

Stable Dividend: SFBS's dividends per share have been stable in the past 10 years.

Growing Dividend: SFBS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (77.8%), SFBS's payments are 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average board tenure


CEO

Jean-Marc Costes (52 yo)

4.67yrs

Tenure

€447,659

Compensation

Mr. Jean-Marc Costes has been Chief Executive Officer at Sofibus Patrimoine Société Anonyme since January 12, 2016. Mr. Costes has been as Director at Sofibus Patrimoine S.A. since May 19, 2016. Mr. Costes ...


CEO Compensation Analysis

Compensation vs Market: Jean-Marc's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD511.92K).

Compensation vs Earnings: Jean-Marc's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Jean-Marc Costes
CEO & Director4.67yrs€447.66kno data
Paul Hottinguer
Vice Chairman & Deputy Director General2.5yrs€123.59k24.55%
€ 35.6m
Philippe Thel
Independent Director46.42yrs€6.05kno data
Philippe Hottinguer
Director12.33yrs€8.80kno data
Frederic Hottinguer
Chairman of the Board2.5yrs€120.29k0.31%
€ 455.7k
Laure Pourtales
Director11.42yrs€6.05kno data
Véronique Raynar
Director32.42yrs€8.80k9.1%
€ 13.2m
François Salvador
9.33yrs€17.10kno data
Laurence Giard
Independent Director2.5yrsno datano data
Jean-Claude Bellan
Independent Director3.33yrs€1.51kno data
Sophie Herouard
Director3.33yrs€1.51kno data

4.3yrs

Average Tenure

62yo

Average Age

Experienced Board: SFBS's board of directors are considered experienced (4.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sofibus Patrimoine S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sofibus Patrimoine S.A.
  • Ticker: SFBS
  • Exchange: ENXTPA
  • Founded: 1969
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: €145.209m
  • Shares outstanding: 760.26k
  • Website: https://www.sofibus.fr

Location

  • Sofibus Patrimoine S.A.
  • 43, rue Taitbout
  • Paris
  • Ile-de-France
  • 75009
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SFBSENXTPA (Euronext Paris)YesCommon StockFREURAug 1992
0O1YLSE (London Stock Exchange)YesCommon StockGBEURAug 1992

Biography

Sofibus Patrimoine S.A. engages in the real estate rental and leasing business in France. It leases business premises in the Petits Carreaux business park. The company was founded in 1969 and is based in P ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 21:21
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.