BUSE:BIF

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Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt

Executive Summary

Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.3%

BIF

-6.3%

HU Real Estate

2.5%

HU Market


1 Year Return

-3.5%

BIF

-0.3%

HU Real Estate

-16.3%

HU Market

Return vs Industry: BIF underperformed the Hungarian Real Estate industry which returned -0.5% over the past year.

Return vs Market: BIF exceeded the Hungarian Market which returned -16% over the past year.


Shareholder returns

BIFIndustryMarket
7 Day0.3%-6.3%2.5%
30 Day-0.3%-2.8%3.1%
90 Day0.7%-11.4%-18.8%
1 Year-3.5%-3.5%1.7%-0.3%-15.1%-16.3%
3 Year470.2%425.7%22.0%12.4%7.7%1.7%
5 Year909.1%830.3%66.0%43.0%73.7%55.5%

Price Volatility Vs. Market

How volatile is Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt undervalued compared to its fair value and its price relative to the market?

8.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BIF (HUF307) is trading above our estimate of fair value (HUF65.91)

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


Price To Earnings Ratio

PE vs Industry: BIF is good value based on its PE Ratio (8.7x) compared to the Real Estate industry average (10.8x).

PE vs Market: BIF is good value based on its PE Ratio (8.7x) compared to the Hungarian market (15.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BIF is overvalued based on its PB Ratio (2x) compared to the XE Real Estate industry average (1x).


Next Steps

Future Growth

How is Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.2%

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 Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt 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.


Next Steps

Past Performance

How has Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt performed over the past 5 years?

64.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIF has a high level of non-cash earnings.

Growing Profit Margin: BIF's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: BIF's earnings have grown significantly by 64.5% per year over the past 5 years.

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

Earnings vs Industry: BIF had negative earnings growth (-36.7%) over the past year, making it difficult to compare to the Real Estate industry average (7.4%).


Return on Equity

High ROE: BIF's Return on Equity (21.3%) is considered high.


Next Steps

Financial Health

How is Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt's financial position?


Financial Position Analysis

Short Term Liabilities: BIF's short term assets (HUF10.6B) exceed its short term liabilities (HUF2.7B).

Long Term Liabilities: BIF's short term assets (HUF10.6B) exceed its long term liabilities (HUF8.8B).


Debt to Equity History and Analysis

Debt Level: BIF's debt to equity ratio (23.9%) is considered satisfactory.

Reducing Debt: BIF's debt to equity ratio has reduced from 58% to 23.9% over the past 5 years.

Debt Coverage: BIF's debt is not well covered by operating cash flow (8%).

Interest Coverage: BIF's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


Next Steps

Dividend

What is Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt's current dividend yield, its reliability and sustainability?

3.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BIF's dividend (3.26%) is higher than the bottom 25% of dividend payers in the Hungarian market (2.39%).

High Dividend: BIF's dividend (3.26%) is low compared to the top 25% of dividend payers in the Hungarian market (7.39%).


Stability and Growth of Payments

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

Growing Dividend: BIF's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.5%), BIF's dividend payments are 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

Sajgál Gábor

3.5yrs

Tenure

Mr. Sajgál Gábor has been the Chief Executive Manager of Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt since December 2016 and served as its Director of the Property Utilization from May 14, 2016 to  ...


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

Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt.
  • Ticker: BIF
  • Exchange: BUSE
  • Founded: 1994
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: Ft78.864b
  • Shares outstanding: 256.88m
  • Website: https://www.bif.hu

Location

  • Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt.
  • Polgár u. 8-10
  • Budapest
  • 1033
  • Hungary

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIFBUSE (Budapest Stock Exchange)YesOrdinary SharesHUHUFApr 1999
0M6ULSE (London Stock Exchange)YesOrdinary SharesGBHUFApr 1999

Biography

Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. engages in the property development business. The company engages in the construction of offices and residential apartment buildings; division of land into lots; and rental, operation, and distribution of properties. It also operates a parking garage. The company was founded in 1994 and is based in Budapest, Hungary. Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. operates as a subsidiary of PIÓ 21 Kft. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 21:24
End of Day Share Price2020/05/29 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.