BIT:GAB

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Gabetti Property Solutions

Executive Summary

Gabetti Property Solutions S.p.A., through its subsidiaries, engages in the acquisition, realization, development, management, brokerage, and disposal of real estate properties in Italy and internationally.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Gabetti Property Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GAB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.9%

GAB

0.8%

IT Real Estate

2.7%

IT Market


1 Year Return

2.9%

GAB

15.5%

IT Real Estate

-14.5%

IT Market

Return vs Industry: GAB underperformed the Italian Real Estate industry which returned 15% over the past year.

Return vs Market: GAB exceeded the Italian Market which returned -16.2% over the past year.


Shareholder returns

GABIndustryMarket
7 Day5.9%0.8%2.7%
30 Day-1.8%-1.6%3.6%
90 Day-17.1%-17.5%-22.4%
1 Year2.9%2.9%15.5%15.5%-12.3%-14.5%
3 Year-29.8%-29.8%-8.2%-33.1%-11.9%-19.8%
5 Year-72.0%-72.0%-65.5%-67.2%-18.8%-37.9%

Price Volatility Vs. Market

How volatile is Gabetti Property Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gabetti Property Solutions undervalued compared to its fair value and its price relative to the market?

1.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GAB (€0.32) is trading above our estimate of fair value (€0.24)

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


Price To Earnings Ratio

PE vs Industry: GAB is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: GAB is unprofitable, so we can't compare its PE Ratio to the Italian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GAB is overvalued based on its PB Ratio (1.7x) compared to the IT Real Estate industry average (0.9x).


Next Steps

Future Growth

How is Gabetti Property Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-3.1%

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 Gabetti Property Solutions 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 Gabetti Property Solutions performed over the past 5 years?

45.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GAB is currently unprofitable.

Growing Profit Margin: GAB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GAB is unprofitable, but has reduced losses over the past 5 years at a rate of 45.2% per year.

Accelerating Growth: Unable to compare GAB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GAB is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (7.7%).


Return on Equity

High ROE: GAB has a negative Return on Equity (-1.14%), as it is currently unprofitable.


Next Steps

Financial Health

How is Gabetti Property Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: GAB's short term assets (€17.3M) exceed its short term liabilities (€16.4M).

Long Term Liabilities: GAB's short term assets (€17.3M) exceed its long term liabilities (€8.1M).


Debt to Equity History and Analysis

Debt Level: GAB's debt to equity ratio (131.9%) is considered high.

Reducing Debt: GAB's debt to equity ratio has reduced from 383.5% to 131.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GAB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GAB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 66% per year.


Next Steps

Dividend

What is Gabetti Property Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GAB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GAB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GAB's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

€196k

CEO Compensation


CEO

Roberto Busso

6.33yrs

Tenure

€196,356

Compensation

Mr. Roberto Busso has been the Chief Executive Officer of Gabetti Property Solutions S.p.A. since 2014. Mr. Busso serves as Chief Executive Officer of Patrigest S.p.A. He has been Executive Director of Rea ...


CEO Compensation Analysis

Compensation vs Market: Roberto's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD401.23K).

Compensation vs Earnings: Roberto's compensation has increased whilst the company is unprofitable.


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

Gabetti Property Solutions S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gabetti Property Solutions S.p.A.
  • Ticker: GAB
  • Exchange: BIT
  • Founded:
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: €19.066m
  • Shares outstanding: 59.40m
  • Website: https://www.gabettigroup.com

Location

  • Gabetti Property Solutions S.p.A.
  • Via Ugo Bassi, 4 / b
  • Milan
  • Milan
  • 20159
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GABBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1992
0QU7LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
GABMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992

Biography

Gabetti Property Solutions S.p.A., through its subsidiaries, engages in the acquisition, realization, development, management, brokerage, and disposal of real estate properties in Italy and internationally. The company offers consulting services for the purchase, sale, and letting of tertiary properties to institutional clients, companies, retail chains, and sector operators; and services, including management of sales to tenants and third parties, pre-build sales, and exchanges of property services to builders, institutional clients, and real estate operators, as well as agency services for residential properties. It also provides financial services to retail customers for the purchase of properties and consumer credit; and property leasing and corporate finance services to corporate customers. In addition, the company offers asset management services, including planning, coordination, and control activities for the management of various property portfolios, such as activities related to real estate investment and property trading. Further, it provides valuation and advisory services to investors and property funds; real estate investment services; due diligence, property management, consulting and advisory, and b-to-b ICT services; and market research and analysis services in the real estate market. The company is based in Milan, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 02:17
End of Day Share Price2020/05/26 00:00
Earnings2020/03/31
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.