Corem Property Group (BATS-CHIXE:COREDS) - Stock Price, News & Analysis

COREDS Stock Overview

Corem Property Group AB (publ), a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic region.

About the company

COREDS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	3/6

Rewards

Earnings are forecast to grow 89.69% per year

Risk Analysis

Shares are highly illiquid

Interest payments are not well covered by earnings

Dividend of 5.9% is not well covered by earnings

Corem Property Group AB (publ) Competitors

Sirius Real Estate

LSE:SRE

UK£1.3b

Lok'nStore Group

AIM:LOK

UK£356.6m

Property Franchise Group

AIM:TPFG

UK£244.6m

abrdn European Logistics Income

LSE:ASLI

UK£245.7m

Price History & Performance

Summary of all time highs, changes and price drops for Corem Property Group
Historical stock prices
Current Share Price	kr186.20
52 Week High	kr186.20
52 Week Low	kr186.20
Beta	1.02
1 Month Change	0%
3 Month Change	7.26%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	12.58%

Recent updates

Shareholder Returns

	COREDS	GB Real Estate	GB Market
7D	0%	0.9%	1.3%
1Y	n/a	10.8%	6.1%

Return vs Industry: Insufficient data to determine how COREDS performed against the UK Real Estate industry.

Return vs Market: Insufficient data to determine how COREDS performed against the UK Market.

Price Volatility

Is COREDS's price volatile compared to industry and market?
COREDS volatility
COREDS Average Weekly Movement	n/a
Real Estate Industry Average Movement	3.4%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

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

Volatility Over Time: Insufficient data to determine COREDS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1993	331	Eva Landen	www.corem.se

Corem Property Group AB (publ), a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic region. As of December 31, 2021, it had 518 properties with a total lettable area of 3,479 thousand square kilometers. Corem Property Group AB (publ) was incorporated in 1993 and is headquartered in Stockholm, Sweden.

Corem Property Group AB (publ) Fundamentals Summary

How do Corem Property Group's earnings and revenue compare to its market cap?
COREDS fundamental statistics
Market cap	kr10.34b
Earnings (TTM)	-kr4.55b
Revenue (TTM)	kr3.80b

2.0x

P/S Ratio

-1.6x

P/E Ratio

Is COREDS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COREDS income statement (TTM)
Revenue	kr3.80b
Cost of Revenue	kr1.57b
Gross Profit	kr2.23b
Other Expenses	kr6.79b
Earnings	-kr4.55b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Jul 14, 2023

Earnings per share (EPS)	-4.14
Gross Margin	58.73%
Net Profit Margin	-119.75%
Debt/Equity Ratio	146.5%

How did COREDS perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

-10%

Payout Ratio

Does COREDS pay a reliable dividends?

See COREDS dividend history and benchmarks

When do you need to buy COREDS by to receive an upcoming dividend?
Corem Property Group dividend dates
Ex Dividend Date	Jun 29 2023
Dividend Pay Date	Jul 05 2023
Days until Ex dividend	321 days
Days until Dividend pay date	315 days