0RU4 Stock Overview

NEPI Rockcastle N.V. (“the Company”, “NEPI Rockcastle”, “the Group”) is a public limited company domiciled in the Netherlands, having its registered office at Strawinskylaan 563, WTC Zuidas, Tower Ten, 5th Floor, 1077 XX Amsterdam, with registration number at the Dutch Chamber of Commerce 87488329. More details

0RU4 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 41.4% below our estimate of its fair value

Earnings grew by 84.1% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 1.8% per year for the next 3 years

Shares are highly illiquid

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

NEPI Rockcastle N.V. Competitors

Grainger

LSE:GRI

UK£1.7b

Sirius Real Estate

LSE:SRE

UK£1.2b

Property Franchise Group

AIM:TPFG

UK£249.1m

Panther Securities

AIM:PNS

UK£55.8m

Price History & Performance

Summary of share price highs, lows and changes for NEPI Rockcastle
Historical stock prices
Current Share Price	R5.75
52 Week High	R5.75
52 Week Low	R5.75
Beta	0.91
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	8.62%
5 Year Change	n/a
Change since IPO	-52.97%

Recent updates

Shareholder Returns

	0RU4	GB Real Estate	GB Market
7D	0%	1.9%	-2.6%
1Y	n/a	-1.6%	2.4%

Return vs Industry: Insufficient data to determine how 0RU4 performed against the UK Real Estate industry.

Return vs Market: Insufficient data to determine how 0RU4 performed against the UK Market.

Price Volatility

Is 0RU4's price volatile compared to industry and market?
0RU4 volatility
0RU4 Average Weekly Movement	n/a
Real Estate Industry Average Movement	3.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0RU4 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 0RU4's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	471	Rolf Dany	www.nepirockcastle.com

NEPI Rockcastle is the premier owner and operator of shopping centres in Central and Eastern Europe (CEE), with presence in nine countries and an investment portfolio of €5.8 billion as at 31 December 2021. The Group benefits from a highly-skilled internal management team which combines asset management, development, investment, leasing and financial expertise. Geographically diverse management skills allow NEPI Rockcastle to pursue CEE property opportunities efficiently, benefiting from a strategic advantage in the acquisition, development and management of properties.

NEPI Rockcastle N.V. Fundamentals Summary

How do NEPI Rockcastle's earnings and revenue compare to its market cap?
0RU4 fundamental statistics
Market cap	€3.74b
Earnings (TTM)	€523.69m
Revenue (TTM)	€702.68m

7.1x

P/E Ratio

5.3x

P/S Ratio

Is 0RU4 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RU4 income statement (TTM)
Revenue	€702.68m
Cost of Revenue	€252.74m
Gross Profit	€449.94m
Other Expenses	-€73.75m
Earnings	€523.69m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Feb 20, 2024

Earnings per share (EPS)	0.86
Gross Margin	64.03%
Net Profit Margin	74.53%
Debt/Equity Ratio	63.1%

How did 0RU4 perform over the long term?

See historical performance and comparison

Dividends

8.7%

Current Dividend Yield

63%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/17 10:40
End of Day Share Price	2023/11/20 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NEPI Rockcastle N.V. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mahir Hamdulay	Absa Bank Limited
Francois Du Toit	Anchor Stockbrokers Proprietary Limited
Pranita Daya	Anchor Stockbrokers Proprietary Limited