Noval Property Real Estate Investment Past Earnings Performance
Past criteria checks 4/6
Noval Property Real Estate Investment has been growing earnings at an average annual rate of 41.1%, while the REITs industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 34.8% per year. Noval Property Real Estate Investment's return on equity is 12.8%, and it has net margins of 147.2%.
Key information
41.1%
Earnings growth rate
38.4%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 34.8% |
| Return on equity | 12.8% |
| Net Margin | 147.2% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Noval Property Real Estate Investment makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 43 | 63 | 5 | 0 |
| 31 Mar 24 | 41 | 64 | 5 | 0 |
| 31 Dec 23 | 38 | 65 | 4 | 0 |
| 30 Sep 23 | 33 | 49 | 4 | 0 |
| 30 Jun 23 | 27 | 33 | 4 | 0 |
| 31 Mar 23 | 26 | 29 | 4 | 0 |
| 31 Dec 22 | 25 | 24 | 4 | 0 |
| 30 Sep 22 | 25 | 29 | 4 | 0 |
| 30 Jun 22 | 25 | 33 | 3 | 0 |
| 31 Mar 22 | 22 | 34 | 3 | 0 |
| 31 Dec 21 | 18 | 35 | 3 | 0 |
| 30 Sep 21 | 15 | 30 | 2 | 0 |
| 30 Jun 21 | 13 | 25 | 2 | 0 |
| 31 Mar 21 | 13 | 12 | 2 | 0 |
| 31 Dec 20 | 14 | -2 | 2 | 0 |
| 31 Dec 19 | 15 | 3 | 3 | 0 |
Quality Earnings: NOVAL has a large one-off gain of €42.6M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: NOVAL's current net profit margins are higher than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOVAL's earnings have grown significantly by 41.1% per year over the past 5 years.
Accelerating Growth: NOVAL's earnings growth over the past year (93.9%) exceeds its 5-year average (41.1% per year).
Earnings vs Industry: NOVAL earnings growth over the past year (93.9%) exceeded the REITs industry 7.5%.
Return on Equity
High ROE: NOVAL's Return on Equity (12.8%) is considered low.