KMC Properties ASA, a real estate company, owns and operates industrial and logistics properties.
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Price History & Performance
|Historical stock prices|
|Current Share Price||kr8.28|
|52 Week High||kr6.10|
|52 Week Low||kr15.70|
|1 Month Change||10.11%|
|3 Month Change||30.60%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-39.12%|
Recent News & Updates
|KMCP||NO Real Estate||NO Market|
Return vs Industry: Insufficient data to determine how KMCP performed against the Norwegian Real Estate industry.
Return vs Market: Insufficient data to determine how KMCP performed against the Norwegian Market.
Stable Share Price: KMCP is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KMCP's weekly volatility (7%) has been stable over the past year.
About the Company
KMC Properties ASA, a real estate company, owns and operates industrial and logistics properties. It owns a portfolio of 39 properties in the Nordics and the Netherlands, as well as an office building in Moscow, Russia. The company was incorporated in 2020 and is headquartered in Trondheim, Norway.
KMC Properties Fundamentals Summary
|KMCP fundamental statistics|
Is KMCP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KMCP income statement (TTM)|
|Cost of Revenue||kr8.99m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 18, 2021
|Earnings per share (EPS)||1.48|
|Net Profit Margin||264.51%|
How did KMCP perform over the long term?See historical performance and comparison
Is KMC Properties undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KMCP (NOK8.28) is trading below our estimate of fair value (NOK8.65)
Significantly Below Fair Value: KMCP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: KMCP is good value based on its PE Ratio (5.6x) compared to the Norwegian Real Estate industry average (8.4x).
PE vs Market: KMCP is good value based on its PE Ratio (5.6x) compared to the Norwegian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: KMCP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: KMCP is overvalued based on its PB Ratio (1.7x) compared to the NO Real Estate industry average (1.2x).
How is KMC Properties forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KMCP's earnings are forecast to decline over the next 3 years (-23% per year).
Earnings vs Market: KMCP's earnings are forecast to decline over the next 3 years (-23% per year).
High Growth Earnings: KMCP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: KMCP's revenue (11.8% per year) is forecast to grow faster than the Norwegian market (5.6% per year).
High Growth Revenue: KMCP's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KMCP's Return on Equity is forecast to be low in 3 years time (6.7%).
How has KMC Properties performed over the past 5 years?
Historical Real Estate annual earnings growth
Earnings and Revenue History
Quality Earnings: KMCP has a high level of non-cash earnings.
Growing Profit Margin: Insufficient data to determine if KMCP's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if KMCP's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare KMCP's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: Insufficient data to determine if KMCP's earnings growth over the past year exceeded the Real Estate industry average.
Return on Equity
High ROE: Whilst KMCP's Return on Equity (31.17%) is high, this metric is skewed due to their high level of debt.
How is KMC Properties's financial position?
Financial Position Analysis
Short Term Liabilities: KMCP's short term assets (NOK194.4M) do not cover its short term liabilities (NOK235.6M).
Long Term Liabilities: KMCP's short term assets (NOK194.4M) do not cover its long term liabilities (NOK2.0B).
Debt to Equity History and Analysis
Debt Level: KMCP's debt to equity ratio (153.8%) is considered high.
Reducing Debt: Insufficient data to determine if KMCP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KMCP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KMCP's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is KMC Properties's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KMCP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KMCP'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 KMCP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KMCP'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 KMCP's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ms. Liv Malvik has been Chief Executive Officer of KMC Properties ASA since December 20, 2020.
Experienced Management: KMCP's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KMCP insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
KMC Properties ASA's employee growth, exchange listings and data sources
- Name: KMC Properties ASA
- Ticker: KMCP
- Exchange: OB
- Founded: 2020
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: kr2.312b
- Shares outstanding: 279.25m
- Website: https://www.kmcp.no
Number of Employees
- KMC Properties ASA
- Dyre Halses Gate 1a
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 16:20|
|End of Day Share Price||2021/09/24 00:00|
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.