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INTE

Intercontinental International Real Estate Investment ATSE:INTERCO Stock Report

Last Price

€6.40

Market Cap

€67.0m

7D

-2.3%

1Y

-6.6%

Updated

02 Oct, 2022

Data

Company Financials
INTERCO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends3/6

INTERCO Stock Overview

No business description

Intercontinental International Real Estate Investment Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Intercontinental International Real Estate Investment
Historical stock prices
Current Share Price€6.40
52 Week High€7.25
52 Week Low€6.30
Beta0.64
1 Month Change-3.03%
3 Month Change-5.19%
1 Year Change-6.57%
3 Year Change3.23%
5 Year Change18.52%
Change since IPO10.73%

Recent News & Updates

Shareholder Returns

INTERCOGR REITsGR Market
7D-2.3%-1.4%-0.4%
1Y-6.6%-24.3%-14.5%

Return vs Industry: INTERCO exceeded the Greek REITs industry which returned -24.3% over the past year.

Return vs Market: INTERCO exceeded the Greek Market which returned -14.5% over the past year.

Price Volatility

Is INTERCO's price volatile compared to industry and market?
INTERCO volatility
INTERCO Average Weekly Movement3.2%
REITs Industry Average Movement4.2%
Market Average Movement4.5%
10% most volatile stocks in GR Market6.5%
10% least volatile stocks in GR Market2.6%

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/a4Evangelos J. 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€67.03m
Earnings (TTM)€3.45m
Revenue (TTM)€7.92m

19.5x

P/E Ratio

8.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INTERCO income statement (TTM)
Revenue€7.92m
Cost of Revenue€962.97k
Gross Profit€6.96m
Other Expenses€3.52m
Earnings€3.45m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.33
Gross Margin87.85%
Net Profit Margin43.47%
Debt/Equity Ratio50.8%

How did INTERCO perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

99%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is INTERCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for INTERCO?

Other financial metrics that can be useful for relative valuation.

INTERCO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue13x
Enterprise Value/EBITDA16.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does INTERCO's PE Ratio compare to its peers?

INTERCO PE Ratio vs Peers
The above table shows the PE ratio for INTERCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average30.9x
BRIQ BriQ Properties Real Estate Investment
5.9xn/a€66.5m
ASTAK Alpha Astika Akinita
38.7xn/a€94.1m
KAMP Reds
71.6xn/a€140.1m
TRASTOR Trastor Real Estate Investment Company
7.5xn/a€172.7m
INTERCO Intercontinental International Real Estate Investment
19.5xn/a€67.0m

Price-To-Earnings vs Peers: INTERCO is good value based on its Price-To-Earnings Ratio (19.5x) compared to the peer average (30.9x).


Price to Earnings Ratio vs Industry

How does INTERCO's PE Ratio compare vs other companies in the European REITs Industry?

Price-To-Earnings vs Industry: INTERCO is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the European REITs industry average (7.4x)


Price to Earnings Ratio vs Fair Ratio

What is INTERCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

INTERCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate INTERCO's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of INTERCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: INTERCO (€6.4) is trading below our estimate of fair value (€8.38)

Significantly Below Fair Value: INTERCO is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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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?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-3.4%

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.


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  • Examine whether Intercontinental International Real Estate Investment is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Intercontinental International Real Estate Investment competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

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

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: INTERCO has a large one-off loss of €1.9M impacting its June 30 2022 financial results.

Growing Profit Margin: INTERCO's current net profit margins (43.5%) are lower than last year (62.1%).


Past Earnings Growth Analysis

Earnings Trend: INTERCO's earnings have declined by 6% 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 (-31.1%) over the past year, making it difficult to compare to the REITs industry average (78.8%).


Return on Equity

High ROE: INTERCO's Return on Equity (4.5%) is considered low.


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Financial Health

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

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: INTERCO's short term assets (€4.0M) exceed its short term liabilities (€3.2M).

Long Term Liabilities: INTERCO's short term assets (€4.0M) do not cover its long term liabilities (€38.1M).


Debt to Equity History and Analysis

Debt Level: INTERCO's net debt to equity ratio (46.9%) is considered high.

Reducing Debt: INTERCO's debt to equity ratio has increased from 45.2% to 50.8% over the past 5 years.

Debt Coverage: INTERCO's debt is not well covered by operating cash flow (15.2%).

Interest Coverage: INTERCO's interest payments on its debt are well covered by EBIT (12.3x coverage).


Balance Sheet


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Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.53%

Current Dividend Yield

Dividend Yield vs Market

Intercontinental International Real Estate Investment Dividend Yield vs Market
How does Intercontinental International Real Estate Investment dividend yield compare to the market?
SegmentDividend Yield
Company (Intercontinental International Real Estate Investment)4.5%
Market Bottom 25% (GR)2.3%
Market Top 25% (GR)6.1%
Industry Average (REITs)5.8%
Analyst forecast in 3 Years (Intercontinental International Real Estate Investment)n/a

Notable Dividend: INTERCO's dividend (4.53%) is higher than the bottom 25% of dividend payers in the Greek market (2.29%).

High Dividend: INTERCO's dividend (4.53%) is low compared to the top 25% of dividend payers in the Greek market (6.1%).


Stability and Growth of Payments

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

Growing Dividend: INTERCO's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (98.9%), INTERCO's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.1%), INTERCO's dividend payments are covered by cash flows.


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Management

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

2.7yrs

Average management tenure


CEO

Evangelos J. Kontos

2.67yrs

Tenure

Mr. Evangelos J. 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 e...


Leadership Team

Experienced Management: INTERCO's management team is considered experienced (2.7 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

What is the ownership structure of INTERCO?
Owner TypeNumber of SharesOwnership Percentage
Institutions139,7881.3%
General Public2,082,64319.9%
Private Companies8,250,85578.8%

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


Top Shareholders

Top 3 shareholders own 80.11% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
78.78%
Ajolico Trading Limited
8,250,855€52.8m0%no data
1.24%
3K Investment Partners MFMC SA
129,788€830.6k0%0.69%
0.095%
Alico Mutual Fund Management Company
10,000€64.0k0%0.13%

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
  • Implied Market Cap: €67.029m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INTERCOATSE (The Athens Stock Exchange)YesCommon SharesGREURAug 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.