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BRIQ

BriQ Properties Real Estate InvestmentATSE:BRIQ Stock Report

Market Cap

€76.8m

7D

-2.3%

1Y

25.7%

Updated

24 Sep, 2021

Data

Company Financials
BRIQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends1/6

BRIQ Overview

No business description

Price History & Performance

Summary of all time highs, changes and price drops for BriQ Properties Real Estate Investment
Historical stock prices
Current Share Price€2.13
52 Week High€1.61
52 Week Low€2.36
Beta0.73
1 Month Change-4.48%
3 Month Change5.97%
1 Year Change25.66%
3 Year Change6.50%
5 Year Changen/a
Change since IPO11.52%

Recent News & Updates

Shareholder Returns

BRIQGR REITsGR Market
7D-2.3%0.6%-2.6%
1Y25.7%32.2%-9.8%

Return vs Industry: BRIQ underperformed the Greek REITs industry which returned 32.2% over the past year.

Return vs Market: BRIQ exceeded the Greek Market which returned -9.8% over the past year.

Price Volatility

Is BRIQ's price volatile compared to industry and market?
BRIQ volatility
BRIQ Beta0.73
Industry Beta1.06
Market Beta1

Stable Share Price: BRIQ is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BRIQ's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a6Anna Apostolidouhttps://www.briqproperties.gr

BriQ Properties Real Estate Investment Fundamentals Summary

How do BriQ Properties Real Estate Investment's earnings and revenue compare to its market cap?
BRIQ fundamental statistics
Market Cap€76.83m
Earnings (TTM)€1.13m
Revenue (TTM)€3.81m

66.6x

P/E Ratio

19.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRIQ income statement (TTM)
Revenue€3.81m
Cost of Revenue€569.00k
Gross Profit€3.24m
Expenses€2.11m
Earnings€1.13m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

Sep 27, 2021

Earnings per share (EPS)0.032
Gross Margin85.07%
Net Profit Margin29.73%
Debt/Equity Ratio20.4%

How did BRIQ perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

164%

Payout Ratio

Valuation

Is BriQ Properties Real Estate Investment undervalued compared to its fair value and its price relative to the market?

66.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BRIQ (€2.13) is trading above our estimate of fair value (€0.37)

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


Price To Earnings Ratio

PE vs Industry: BRIQ is poor value based on its PE Ratio (66.6x) compared to the European REITs industry average (16.4x).

PE vs Market: BRIQ is poor value based on its PE Ratio (66.6x) compared to the Greek market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BRIQ's PB Ratio (0.9x) is in line with the XE REITs industry average.


Future Growth

How is BriQ Properties Real Estate Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.3%

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 BriQ Properties Real Estate Investment 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.


Past Performance

How has BriQ Properties Real Estate Investment performed over the past 5 years?

43.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRIQ has a large one-off gain of €416.0K impacting its March 31 2021 financial results.

Growing Profit Margin: BRIQ's current net profit margins (29.7%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: BRIQ's earnings have grown significantly by 43.8% per year over the past 5 years.

Accelerating Growth: BRIQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BRIQ had negative earnings growth (-82.1%) over the past year, making it difficult to compare to the REITs industry average (3.8%).


Return on Equity

High ROE: BRIQ's Return on Equity (1.4%) is considered low.


Financial Health

How is BriQ Properties Real Estate Investment's financial position?


Financial Position Analysis

Short Term Liabilities: BRIQ's short term assets (€4.0M) do not cover its short term liabilities (€11.8M).

Long Term Liabilities: BRIQ's short term assets (€4.0M) do not cover its long term liabilities (€8.8M).


Debt to Equity History and Analysis

Debt Level: BRIQ's debt to equity ratio (20.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BRIQ's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BRIQ's debt is not well covered by operating cash flow (4.6%).

Interest Coverage: BRIQ's interest payments on its debt are well covered by EBIT (5.9x coverage).


Balance Sheet


Dividend

What is BriQ Properties Real Estate Investment current dividend yield, its reliability and sustainability?

2.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRIQ's dividend (2.82%) is higher than the bottom 25% of dividend payers in the Greek market (1.43%).

High Dividend: BRIQ's dividend (2.82%) is low compared to the top 25% of dividend payers in the Greek market (3.93%).


Stability and Growth of Payments

Stable Dividend: BRIQ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BRIQ's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (163.7%), BRIQ'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.


Next Steps

Management

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

4.9yrs

Average board tenure


CEO

Anna Apostolidou

no data

Tenure

Mrs. Anna G. Apostolidou serves as the Chief Executive Officer of BriQ Properties Real Estate Investment Company and has been its Executive Director since October 21, 2016. Mrs. Apostolidou served as Chief...


Board Members

Experienced Board: BRIQ's board of directors are considered experienced (4.9 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

BriQ Properties Real Estate Investment Company's employee growth, exchange listings and data sources


Key Information

  • Name: BriQ Properties Real Estate Investment Company
  • Ticker: BRIQ
  • Exchange: ATSE
  • Founded: NaN
  • Industry: Office REITs
  • Sector: Real Estate
  • Market Cap: €76.831m
  • Shares outstanding: 35.41m
  • Website: https://www.briqproperties.gr

Number of Employees


Location

  • BriQ Properties Real Estate Investment Company
  • 25 Alexandrou Pantou Street
  • 1st Floor
  • Kallithea
  • 17671
  • Greece

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 16:20
End of Day Share Price2021/09/24 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.