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Intercontinental International Real Estate InvestmentATSE:INTERCO Stock Report

Market Cap

€73.3m

7D

-1.4%

1Y

19.7%

Updated

24 Sep, 2021

Data

Company Financials
INTERCO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends2/6

INTERCO Overview

No business description

Price History & Performance

Summary of all time highs, changes and price drops for Intercontinental International Real Estate Investment
Historical stock prices
Current Share Price€7.00
52 Week High€5.55
52 Week Low€7.55
Beta0.73
1 Month Change-0.71%
3 Month Change0.72%
1 Year Change19.66%
3 Year Change27.27%
5 Year Change25.00%
Change since IPO21.11%

Recent News & Updates

Shareholder Returns

INTERCOGR REITsGR Market
7D-1.4%0.6%-2.6%
1Y19.7%32.2%-9.8%

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

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

Price Volatility

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

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

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

About the Company

FoundedEmployeesCEOWebsite
n/a5Evangelos Kontoshttps://www.ici-reic.com

Intercontinental International Real Estate Investment Fundamentals Summary

How do Intercontinental International Real Estate Investment's earnings and revenue compare to its market cap?
INTERCO fundamental statistics
Market Cap€73.31m
Earnings (TTM)€5.00m
Revenue (TTM)€8.05m

14.7x

P/E Ratio

9.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INTERCO income statement (TTM)
Revenue€8.05m
Cost of Revenue€658.61k
Gross Profit€7.39m
Expenses€2.39m
Earnings€5.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.48
Gross Margin91.82%
Net Profit Margin62.10%
Debt/Equity Ratio44.5%

How did INTERCO perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

135%

Payout Ratio

Valuation

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

8.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: INTERCO (€7) is trading below our estimate of fair value (€7.62)

Significantly Below Fair Value: INTERCO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: INTERCO is good value based on its PE Ratio (14.7x) compared to the European REITs industry average (16.4x).

PE vs Market: INTERCO is good value based on its PE Ratio (14.7x) compared to the Greek market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: INTERCO's PB Ratio (1x) is in line with the XE REITs industry average.


Future Growth

How is Intercontinental International 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 Intercontinental International 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 Intercontinental International Real Estate Investment performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INTERCO has high quality earnings.

Growing Profit Margin: INTERCO's current net profit margins (62.1%) are lower than last year (76.8%).


Past Earnings Growth Analysis

Earnings Trend: INTERCO's earnings have grown by 3% per year over the past 5 years.

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

Earnings vs Industry: INTERCO had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the REITs industry average (3.8%).


Return on Equity

High ROE: INTERCO's Return on Equity (6.5%) is considered low.


Financial Health

How is Intercontinental International Real Estate Investment's financial position?


Financial Position Analysis

Short Term Liabilities: INTERCO's short term assets (€4.1M) exceed its short term liabilities (€3.0M).

Long Term Liabilities: INTERCO's short term assets (€4.1M) do not cover its long term liabilities (€32.9M).


Debt to Equity History and Analysis

Debt Level: INTERCO's debt to equity ratio (44.5%) is considered high.

Reducing Debt: INTERCO's debt to equity ratio has reduced from 55.2% to 44.5% over the past 5 years.

Debt Coverage: INTERCO's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: INTERCO's interest payments on its debt are well covered by EBIT (10.1x coverage).


Balance Sheet


Dividend

What is Intercontinental International Real Estate Investment current dividend yield, its reliability and sustainability?

5.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: INTERCO's dividend (5.29%) is higher than the bottom 25% of dividend payers in the Greek market (1.43%).

High Dividend: INTERCO's dividend (5.29%) is in the top 25% of dividend payers in the Greek market (3.93%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, INTERCO has been paying a dividend for less than 10 years.

Growing Dividend: INTERCO's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (134.8%), INTERCO'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?


CEO

Evangelos Kontos

1.58yrs

Tenure

Mr. Evangelos Ioannis Kontos is a Managing Director, Chief Executive Officer and Executive Director of Intercontinental International Real Estate Investment Company since February 2020. He is a highly expe...


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

Intercontinental International Real Estate Investment Company's employee growth, exchange listings and data sources


Key Information

  • Name: Intercontinental International Real Estate Investment Company
  • Ticker: INTERCO
  • Exchange: ATSE
  • Founded: NaN
  • Industry: Retail REITs
  • Sector: Real Estate
  • Market Cap: €73.313m
  • Shares outstanding: 10.47m
  • Website: https://www.ici-reic.com

Number of Employees


Location

  • Intercontinental International Real Estate Investment Company
  • 26,Rigillis
  • 3rd floor
  • Athens
  • 10674
  • 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 23:02
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
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.