Intercapital Property Development ADSIC operates as a special purpose real estate investment trust (REIT) for real estate securitization in Bulgaria.
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has Intercapital Property Development ADSIC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how ICD performed against the Polish REITs industry.
Return vs Market: Insufficient data to determine how ICD performed against the Polish Market.
Price Volatility Vs. Market
How volatile is Intercapital Property Development ADSIC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Intercapital Property Development ADSIC 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: ICD (PLN0.59) is trading below our estimate of fair value (PLN20.47)
Significantly Below Fair Value: ICD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ICD is unprofitable, so we can't compare its PE Ratio to the XE REITs industry average.
PE vs Market: ICD is unprofitable, so we can't compare its PE Ratio to the Polish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ICD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ICD has negative assets, so we can't compare its PB Ratio to the XE REITs industry average.
How is Intercapital Property Development ADSIC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Intercapital Property Development ADSIC 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.
- Take a look at our analysis of ICD’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Intercapital Property Development ADSIC competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Intercapital Property Development ADSIC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICD is currently unprofitable.
Growing Profit Margin: ICD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ICD is unprofitable, and losses have increased over the past 5 years at a rate of -61% per year.
Accelerating Growth: Unable to compare ICD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ICD is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (8.1%).
Return on Equity
High ROE: ICD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Intercapital Property Development ADSIC's financial position?
Financial Position Analysis
Short Term Liabilities: ICD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ICD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ICD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ICD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 ICD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ICD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 48% per year.
What is Intercapital Property Development ADSIC current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ICD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ICD'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 ICD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ICD is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ICD's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.
How experienced are the management team and are they aligned to shareholders interests?
Intercapital Property Development ADSIC has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Intercapital Property Development ADSIC's company bio, employee growth, exchange listings and data sources
- Name: Intercapital Property Development ADSIC
- Ticker: ICD
- Exchange: WSE
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: лв1.323m
- Listing Market Cap: лв3.033m
- Shares outstanding: 6.01m
- Website: https://icpd.bg
Number of Employees
- Intercapital Property Development ADSIC
- 6 Dobrudzha Street
- 4th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|4IC||BUL (Bulgaria Stock Exchange)||Yes||Ordinary Shares||BG||BGN||Apr 2008|
|ICD||WSE (Warsaw Stock Exchange)||Yes||Ordinary Shares||PL||PLN||Apr 2008|
Intercapital Property Development ADSIC operates as a special purpose real estate investment trust (REIT) for real estate securitization in Bulgaria. Its investment projects include Marina Cape and Grand Borovetz. The company has elected to be taxed as REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its REIT taxable income to its stockholders. The company is based in Sofia, Bulgaria.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 21:50|
|End of Day Share Price||2020/07/13 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.