Glenveagh Properties PLC, a homebuilder, builds and sells houses and apartments for the private buyers and local authorities in the Greater Dublin Area, Ireland.
The last earnings update was 75 days ago.
Discounted Cash Flow Calculation for ISE:GVR using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
ISE:GVR DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
Glenveagh Properties's share price is below the future cash flow value, and at a moderate discount (> 20%).
Glenveagh Properties's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Glenveagh Properties's earnings available for a low price, and how does
this compare to other companies in the same industry?
Glenveagh Properties's earnings are expected to grow significantly at over 20% yearly.
Glenveagh Properties's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Glenveagh Properties's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Glenveagh Properties's finances.
The net worth of a company is the difference between its assets and liabilities.
Glenveagh Properties is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Glenveagh Properties's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Glenveagh Properties's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 22747.6x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Justin A. Bickle serves as a Managing Director at Oaktree Capital Management, L.P. Mr. Bickle is a co-founder of Glenveagh Properties PLC and serves as its Chief Executive Officer. He serves as an Executive Director at Glenveagh Properties PLC and as its Director since 2017. He served as a Director at Oaktree Capital Management, L.P. since 2005. Mr. Bickle serves as a Member of the Principal Opportunities and European Principal Opportunities, Private Debt team. Mr. Bickle joined Oaktree in 2005. He is also a Founder Supporter and Board Member of the Creative Industries Federation. He spent over four years at Cadwalader, Wickersham & Taft LLP. He served as Partner in the Financial Restructuring Department of Cadwalader, Wickersham & Taft LLP since 2005. He served as Special Counsel of Cadwalader, Wickersham & Taft LLP since 2004. Mr. Bickle joined Cadwalader, Wickersham & Taft in 2001 as an Associate. At Cadwalader, he acted for bondholders and other creditors and investors in a number of high profile United Kingdom and European Debt restructurings and workouts and advised on restructuring and insolvency regimes in the United Kingdom, Germany, Spain, Portugal, Luxembourg, France, Poland, The Netherlands, and Sweden. His prior experience included over seven years working for two United Kingdom law firms specializing in contentious litigation and insolvency matters with a particular emphasis on directors' liabilities and disqualification. He has been the Chairman of English National Ballet since January 17, 2013 and served as its Deputy Chairman of the Board of Governors. Mr. Bickle has been the Non-Executive Chairman of The Beautiful Meme since March 18, 2015. He is an Executive Fellow in Finance at London Business School. Mr. Bickle passed the Solicitors Finals Examinations at The College of Law, Chester in 1993 and qualified as a Solicitor in England and Wales in 1995. He graduated from the University of Exeter with an L.L.B., with honors, in Law in 1992.
Insufficient data for Justin to compare compensation growth.
Justin's remuneration is lower than average for companies of similar size in Ireland.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Glenveagh Properties management team is less than 2 years, this suggests a new team.
Co-Founder & Executive Chairman
Chief Financial Officer
Director of Strategy & Investor Relations
Chief Commercial Officer
Head of Planning
Chief Development Officer of Glenveagh Living
Chief Investment Officer of Glenveagh Living
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Glenveagh Properties board of directors is less than 3 years, this suggests a new board.
Board of Directors
Co-Founder & Executive Chairman
Independent Non-Executive Director
Independent Non-Executive Director
Senior Independent Non-Executive Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Glenveagh Properties insiders in the past 3 months.
What Kind Of Investor Owns Most Of Glenveagh Properties PLC (ISE:GVR)?
The big shareholder groups in Glenveagh Properties PLC (ISE:GVR) have power over the company. … View our latest analysis for Glenveagh Properties ISE:GVR Ownership Summary, May 10th 2019 What Does The Institutional Ownership Tell Us About Glenveagh Properties? … ISE:GVR Income Statement, May 10th 2019 It looks like hedge funds own 19% of Glenveagh Properties shares.
Should You Take Comfort From Insider Transactions At Glenveagh Properties PLC (ISE:GVR)?
So we'll take a look at whether insiders have been buying or selling shares in Glenveagh Properties PLC (ISE:GVR). … The Last 12 Months Of Insider Transactions At Glenveagh Properties. … In the last twelve months insiders paid €564k for 500.19k shares purchased
Can We See Significant Institutional Ownership On The Glenveagh Properties PLC (ISE:GVR) Share Register?
The big shareholder groups in Glenveagh Properties PLC (ISE:GVR) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Glenveagh Properties isn't enormous, but it's not particularly small either.
An Intrinsic Calculation For Glenveagh Properties PLC (ISE:GVR) Shows It's 21.34% Undervalued
by taking the expected future cash flows and discounting them to today's value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model
Do Directors Own Glenveagh Properties PLC (ISE:GVR) Shares?
The big shareholder groups in Glenveagh Properties PLC (ISE:GVR) have power over the company. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Taking a look at the our data on the ownership groups (below), it's seems that.
Who Owns Most Of Glenveagh Properties PLC (ISE:GVR)?
In this article, I will take a quick look at Glenveagh Properties PLC’s (ISE:GVR) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … It also impacts the trading environment of company shares, which is more of a concern for short-term investors.
Glenveagh Properties PLC's (ISE:GVR) Shift From Loss To Profit
Check out our latest analysis for Glenveagh Properties Expectation from analysts is GVR is on the verge of breakeven. … In order to meet this breakeven date, I calculated the rate at which GVR must grow year-on-year. … ISE:GVR Past Future Earnings May 24th 18 Given this is a high-level overview, I won’t go into detail the detail of GVR’s upcoming projects, though, keep in mind that typically a high growth rate is not out of the ordinary, particularly when a company is in a period of investment.
Glenveagh Properties PLC, a homebuilder, builds and sells houses and apartments for the private buyers and local authorities in the Greater Dublin Area, Ireland. The company operates through Glenveagh Homes and Glenveagh Living segments. It also offers construction and asset advisory services; and property rental services. The company was founded in 2003 and is based in Dublin, Ireland.
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