CPI FIM (BDL:ORCL): Assessing Valuation After a 33% One-Year Shareholder Return

CPI FIM (BDL:ORCL) has quietly delivered a 13% gain this year and roughly 33% over the past year, drawing attention from income focused real estate investors watching its Luxembourg and Central European footprint.

See our latest analysis for CPI FIM.

With the share price now at $0.95, CPI FIM’s 1 year total shareholder return of roughly 33% and powerful 5 year compounding suggest steady, if unspectacular, momentum rather than a hot money surge.

If CPI FIM has put real estate on your radar, it could be worth widening the lens and exploring fast growing stocks with high insider ownership for other ideas with strong alignment between management and shareholders.

After such resilient returns from a niche Central European landlord, the key question now is simple: are investors still overlooking CPI FIM’s cash generative portfolio, or is the current price already baking in years of future growth?

Price-to-Earnings of 14x: Is it justified?

At a last close of €0.95, CPI FIM trades on a 14x price to earnings multiple, a touch below both peer and broader European real estate benchmarks.

The price to earnings ratio compares what investors pay for each unit of current earnings, a key lens for income generating property owners with relatively mature portfolios. For CPI FIM, a 14x multiple suggests the market is paying a moderate premium for today’s profits without assigning a high growth halo.

Against the wider European real estate industry average of 14.4x and a peer average closer to 27x, CPI FIM’s earnings are priced conservatively rather than exuberantly. The company has delivered a sharp rebound in profitability, with earnings up more than threefold year on year and margins expanding, so this lower multiple versus peers hints that investors remain cautious about the durability of those gains.

Compared with peers on 27x, CPI FIM looks materially cheaper, which underscores that the market is not treating its recent earnings surge with the same enthusiasm afforded to other listed landlords.

See what the numbers say about this price — find out in our valuation breakdown.

Result: Price-to-Earnings of 14x (ABOUT RIGHT)

However, lingering doubts around Central European property demand and CPI FIM’s reliance on its parent group’s broader financing structures could quickly erode today’s valuation support.

Find out about the key risks to this CPI FIM narrative.

Build Your Own CPI FIM Narrative

If you see the numbers differently or would rather dig into the details yourself, you can shape a personalised CPI FIM story in minutes: Do it your way.

A great starting point for your CPI FIM research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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