BUSE:BIF

Stock Analysis Report

Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt

Executive Summary

Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt.

Snowflake

Fundamentals

Excellent balance sheet with proven track record.

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


Market Performance


7 Day Return

-0.3%

BIF

0.8%

HU Real Estate

1.6%

HU Market


1 Year Return

52.5%

BIF

14.4%

HU Real Estate

12.2%

HU Market

Return vs Industry: BIF exceeded the Hungarian Real Estate industry which returned 14.4% over the past year.

Return vs Market: BIF exceeded the Hungarian Market which returned 12.2% over the past year.


Share holder returns

BIFIndustryMarket
7 Day-0.3%0.8%1.6%
30 Day1.0%4.9%1.0%
90 Day4.1%4.8%0.3%
1 Year57.5%52.5%18.3%14.4%15.5%12.2%
3 Year568.1%516.0%37.1%25.3%55.8%43.0%
5 Year857.2%782.5%105.9%72.0%153.0%121.3%

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 based on future cash flows and its price relative to the stock market?

8.77x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: BIF (HUF308) is trading above our estimate of fair value (HUF84.02)

Significantly Undervalued: BIF is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: BIF is good value based on its PE Ratio (8.8x) compared to the Real Estate industry average (10.9x).

PE vs Market: BIF is good value based on its PE Ratio (8.8x) compared to the Hungarian market (14.6x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: BIF is overvalued based on its PB Ratio (2x) compared to the XE Real Estate industry average (1.1x).


Next Steps

Future Growth

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

-3.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: BIF's earnings are forecast to decline over the next 3 years (-3.6% per year).

Earnings vs Market: BIF's earnings are forecast to decline over the next 3 years (-3.6% per year).

High Growth Earnings: BIF's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if BIF's revenue is forecast to grow faster than the Hungarian market.

High Growth Revenue: Insufficient data to determine if BIF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if BIF's Return on Equity is forecast to be high in 3 years time


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


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 (5.3%).


Return on Equity

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


Return on Assets

ROA vs Industry: BIF has a higher Return on Assets than the Real Estate industry average last year.


Return on Capital Employed

ROCE Improving: BIF has significantly improved its Return on Capital Employed over the past 3 years.


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) exceeds its short term liabilities (HUF2.7B)

Long Term Liabilities: BIF's short term assets (10.6B) exceeds its long term liabilities (8.8B)


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

Inventory Level: BIF has a low level of unsold assets or inventory.

Debt Coverage by Assets: BIF's debt is covered by short term assets (assets are 1.102870x debt).


Next Steps

Dividend

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

3.25%

Current Dividend Yield


Dividend Yield vs Market

company3.2%marketbottom25%2.2%markettop25%5.5%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: BIF's dividend (3.25%) is higher than the bottom 25% of dividend payers in the Hungarian market (2.2%).

High Dividend: BIF's dividend (3.25%) is low compared to the top 25% of dividend payers in the Hungarian market (5.52%).

Stable Dividend: Too early to tell whether BIF's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BIF's dividend payments are increasing as they only just started paying a dividend.


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

What is the CEO of Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt's salary, the management and board of directors tenure and is there insider trading?


CEO

Sajgál Gábor 0

2.8yrs

Tenure

0

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  ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Sajgál Gábor

    Chief Executive Manager

    • Tenure: 2.8yrs

Board Members

  • Ungár Anna

    Chairman of the Board

    • Tenure: 0yrs
  • Berecz Kristóf

    Vice-Chairman of the Board

    • Tenure: 0yrs
  • Tzvetkov Julian

    Director

    • Tenure: 0yrs
  • Hárshegyi Frigyes

    Director

    • Tenure: 0yrs
  • Horváth László 

    Director

    • Tenure: 2.2yrs

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: Ft79.120b
  • 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

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 i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 20:55
End of Day Share Price2019/10/11 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.

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