OM:CIBUS

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Cibus Nordic Real Estate

Market Cap

kr9.0b

Last Updated

2021/07/26 22:17 UTC

Data Sources

Company Financials +

Executive Summary

Cibus Nordic Real Estate AB (publ), a real estate company, engages in acquiring, developing, and managing properties in the Nordic region. More Details


Snowflake Analysis

Second-rate dividend payer with questionable track record.

Share Price & News

How has Cibus Nordic Real Estate's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CIBUS is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CIBUS's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

CIBUS

1.9%

SE Real Estate

4.6%

SE Market


1 Year Return

62.7%

CIBUS

55.1%

SE Real Estate

44.2%

SE Market

Return vs Industry: CIBUS exceeded the Swedish Real Estate industry which returned 54.8% over the past year.

Return vs Market: CIBUS exceeded the Swedish Market which returned 44.6% over the past year.


Shareholder returns

CIBUSIndustryMarket
7 Day0.5%1.9%4.6%
30 Day10.7%9.7%7.9%
90 Day28.6%19.3%8.1%
1 Year72.4%62.7%59.4%55.1%49.5%44.2%
3 Year162.2%114.8%116.0%101.4%78.0%60.7%
5 Yearn/a143.6%126.0%119.0%77.4%

Long-Term Price Volatility Vs. Market

How volatile is Cibus Nordic Real Estate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cibus Nordic Real Estate undervalued compared to its fair value and its price relative to the market?

21.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CIBUS (SEK226.2) is trading above our estimate of fair value (SEK145.62)

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


Price To Earnings Ratio

PE vs Industry: CIBUS is poor value based on its PE Ratio (21.9x) compared to the Swedish Real Estate industry average (10.8x).

PE vs Market: CIBUS is good value based on its PE Ratio (21.9x) compared to the Swedish market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: CIBUS is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: CIBUS is overvalued based on its PB Ratio (1.9x) compared to the SE Real Estate industry average (1.3x).


Future Growth

How is Cibus Nordic Real Estate forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

9.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIBUS's forecast earnings growth (9.3% per year) is above the savings rate (0.3%).

Earnings vs Market: CIBUS's earnings (9.3% per year) are forecast to grow faster than the Swedish market (4.4% per year).

High Growth Earnings: CIBUS's earnings are forecast to grow, but not significantly.

Revenue vs Market: CIBUS's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: CIBUS's revenue is forecast to decline over the next 3 years (-2.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CIBUS's Return on Equity is forecast to be low in 3 years time (9.8%).


Past Performance

How has Cibus Nordic Real Estate performed over the past 5 years?

35.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CIBUS has high quality earnings.

Growing Profit Margin: CIBUS's current net profit margins (47.7%) are higher than last year (46.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CIBUS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare CIBUS's past year earnings growth to its 5-year average.

Earnings vs Industry: CIBUS earnings growth over the past year (35.9%) underperformed the Real Estate industry 46.5%.


Return on Equity

High ROE: CIBUS's Return on Equity (8.3%) is considered low.


Financial Health

How is Cibus Nordic Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: CIBUS's short term assets (€38.8M) exceed its short term liabilities (€14.2M).

Long Term Liabilities: CIBUS's short term assets (€38.8M) do not cover its long term liabilities (€839.5M).


Debt to Equity History and Analysis

Debt Level: CIBUS's debt to equity ratio (173.6%) is considered high.

Reducing Debt: Insufficient data to determine if CIBUS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CIBUS's debt is not well covered by operating cash flow (4.8%).

Interest Coverage: CIBUS's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Cibus Nordic Real Estate current dividend yield, its reliability and sustainability?

4.23%

Current Dividend Yield


Upcoming Dividend Payment

TodayJul 27 2021Ex Dividend DateAug 23 2021Dividend Pay DateAug 31 20218 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CIBUS's dividend (4.23%) is higher than the bottom 25% of dividend payers in the Swedish market (0.95%).

High Dividend: CIBUS's dividend (4.23%) is in the top 25% of dividend payers in the Swedish market (3.5%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CIBUS has been paying a dividend for less than 10 years.

Growing Dividend: CIBUS's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (89%), CIBUS's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CIBUS's dividends in 3 years are not forecast to be well covered by earnings (97.6% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Sverker Källgården (53 yo)

2.33yrs

Tenure

€521,000

Compensation

Mr. Sverker Källgården, M.Sc. serves as Chief Executive Officer of Cibus Nordic Real Estate AB (publ) since March 04, 2019. Mr. Källgården has been the President of Byggpartner AB since July 1, 2013. Mr. K...


CEO Compensation Analysis

Compensation vs Market: Sverker's total compensation ($USD615.33K) is about average for companies of similar size in the Swedish market ($USD758.72K).

Compensation vs Earnings: Sverker's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CIBUS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: CIBUS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CIBUS insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

Cibus Nordic Real Estate AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cibus Nordic Real Estate AB (publ)
  • Ticker: CIBUS
  • Exchange: OM
  • Founded: 2017
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: kr9.048b
  • Shares outstanding: 40.00m
  • Website: https://www.cibusnordic.com

Number of Employees


Location

  • Cibus Nordic Real Estate AB (publ)
  • Kungsgatan 56
  • Stockholm
  • Stockholm County
  • 111 22
  • Sweden

Listings


Biography

Cibus Nordic Real Estate AB (publ), a real estate company, engages in acquiring, developing, and managing properties in the Nordic region. Its property portfolio comprises approximately 290 properties with...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/26 22:17
End of Day Share Price2021/07/26 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.