BUSE:GSPARK

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Graphisoft Park SE Real Estate Development European

Executive Summary

Graphisoft Park SE Real Estate Development European Company Limited, through its subsidiaries, engages in real estate development and management activities in Hungary. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Graphisoft Park SE Real Estate Development European's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.1%

GSPARK

-6.3%

HU Real Estate

-6.5%

HU Market


1 Year Return

-31.9%

GSPARK

2.4%

HU Real Estate

-23.7%

HU Market

Return vs Industry: GSPARK underperformed the Hungarian Real Estate industry which returned 2.4% over the past year.

Return vs Market: GSPARK underperformed the Hungarian Market which returned -23.7% over the past year.


Shareholder returns

GSPARKIndustryMarket
7 Day-2.1%-6.3%-6.5%
30 Day-3.0%-13.0%-10.5%
90 Day-5.3%5.1%-14.2%
1 Year-31.9%-31.9%4.8%2.4%-23.4%-23.7%
3 Year-12.1%-17.4%25.5%15.3%-9.7%-15.2%
5 Year58.9%41.6%73.8%49.4%62.8%45.4%

Price Volatility Vs. Market

How volatile is Graphisoft Park SE Real Estate Development European's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Graphisoft Park SE Real Estate Development European undervalued compared to its fair value and its price relative to the market?

9.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GSPARK (HUF3200) is trading above our estimate of fair value (HUF1915.2)

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


Price To Earnings Ratio

PE vs Industry: GSPARK is good value based on its PE Ratio (9.9x) compared to the XE Real Estate industry average (12x).

PE vs Market: GSPARK is good value based on its PE Ratio (9.9x) compared to the Hungarian market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GSPARK is good value based on its PB Ratio (0.6x) compared to the XE Real Estate industry average (1x).


Next Steps

Future Growth

How is Graphisoft Park SE Real Estate Development European forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-3.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GSPARK's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if GSPARK's earnings are forecast to grow faster than the Hungarian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GSPARK's revenue is expected to decline over the next 3 years (-3.4% per year).

High Growth Revenue: GSPARK's revenue is forecast to decline over the next 3 years (-3.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GSPARK's Return on Equity is forecast to be low in 3 years time (5.8%).


Next Steps

Past Performance

How has Graphisoft Park SE Real Estate Development European performed over the past 5 years?

22.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GSPARK has high quality earnings.

Growing Profit Margin: GSPARK's current net profit margins (61.5%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: GSPARK's earnings have grown significantly by 22.7% per year over the past 5 years.

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

Earnings vs Industry: GSPARK had negative earnings growth (-48.2%) over the past year, making it difficult to compare to the Real Estate industry average (-0.6%).


Return on Equity

High ROE: GSPARK's Return on Equity (6%) is considered low.


Next Steps

Financial Health

How is Graphisoft Park SE Real Estate Development European's financial position?


Financial Position Analysis

Short Term Liabilities: GSPARK's short term assets (€18.5M) exceed its short term liabilities (€11.2M).

Long Term Liabilities: GSPARK's short term assets (€18.5M) do not cover its long term liabilities (€105.2M).


Debt to Equity History and Analysis

Debt Level: GSPARK's debt to equity ratio (71.9%) is considered high.

Reducing Debt: GSPARK's debt to equity ratio has reduced from 195.7% to 71.9% over the past 5 years.

Debt Coverage: GSPARK's debt is not well covered by operating cash flow (12.4%).

Interest Coverage: GSPARK's interest payments on its debt are well covered by EBIT (10.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Graphisoft Park SE Real Estate Development European current dividend yield, its reliability and sustainability?

33.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GSPARK's dividend (33.78%) is higher than the bottom 25% of dividend payers in the Hungarian market (2.67%).

High Dividend: GSPARK's dividend (33.78%) is in the top 25% of dividend payers in the Hungarian market (6.29%)


Stability and Growth of Payments

Stable Dividend: GSPARK's dividend payments have been volatile in the past 10 years.

Growing Dividend: GSPARK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (334.7%), GSPARK'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?

7.8yrs

Average board tenure


CEO

Kocsány János (60 yo)

no data

Tenure

Mr. Kocsány János serves as the Chief Executive Officer of Graphisoft Park SE Real Estate Development European Company Limited and has been its Director since April 28, 2011.


Board Members

NamePositionTenureCompensationOwnership
Kocsány János
CEO & Directorno datano data0.90%
€ 289.5m
Hornung Péter
Director3.42yrsno datano data
Bojár Gábor
Chairman14.08yrsno data16.71%
€ 5.4b
Kálmán János
Independent Director14.08yrsno data0.13%
€ 43.2m
Hajdu Martin
Independent Director6.17yrsno datano data
Szigeti András
Independent Director6.17yrsno datano data

7.8yrs

Average Tenure

Experienced Board: GSPARK's board of directors are considered experienced (7.8 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

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


Top Shareholders

Company Information

Graphisoft Park SE Real Estate Development European Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Graphisoft Park SE Real Estate Development European Company Limited
  • Ticker: GSPARK
  • Exchange: BUSE
  • Founded:
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: Ft32.264b
  • Shares outstanding: 10.08m
  • Website: https://www.graphisoftpark.com

Number of Employees


Location

  • Graphisoft Park SE Real Estate Development European Company Limited
  • Záhony utca 7
  • Budapest
  • 1031
  • Hungary

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSPARKBUSE (Budapest Stock Exchange)YesSeries A SharesHUHUFAug 2006
0OOALSE (London Stock Exchange)YesSeries A SharesGBHUFAug 2006
GUVDB (Deutsche Boerse AG)YesSeries A SharesDEEURAug 2006

Biography

Graphisoft Park SE Real Estate Development European Company Limited, through its subsidiaries, engages in real estate development and management activities in Hungary. It develops and operates Graphisoft P ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 02:58
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.