OM:QUART

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Quartiers Properties

Executive Summary

Quartiers Properties AB (publ) invests in, develops, sells, manages, and leases real estate properties.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Quartiers Properties's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.8%

QUART

3.5%

SE Real Estate

4.1%

SE Market


1 Year Return

-48.3%

QUART

7.4%

SE Real Estate

8.9%

SE Market

Return vs Industry: QUART underperformed the Swedish Real Estate industry which returned 7.4% over the past year.

Return vs Market: QUART underperformed the Swedish Market which returned 8.9% over the past year.


Shareholder returns

QUARTIndustryMarket
7 Day-8.8%3.5%4.1%
30 Day-12.9%1.3%5.8%
90 Day-31.1%-17.6%-2.2%
1 Year-48.3%-48.3%9.1%7.4%10.4%8.9%
3 Yearn/a41.1%32.7%11.5%-3.4%
5 Yearn/a106.6%83.0%30.8%5.3%

Price Volatility Vs. Market

How volatile is Quartiers Properties's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Quartiers Properties undervalued compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate QUART's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate QUART's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: QUART is good value based on its PB Ratio (0.4x) compared to the SE Real Estate industry average (1x).


Next Steps

Future Growth

How is Quartiers Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.6%

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 Quartiers Properties 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 Quartiers Properties performed over the past 5 years?

-71.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QUART is currently unprofitable.

Growing Profit Margin: QUART is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: QUART is unprofitable, and losses have increased over the past 5 years at a rate of -71% per year.

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

Earnings vs Industry: QUART is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (10.9%).


Return on Equity

High ROE: QUART has a negative Return on Equity (-11.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Quartiers Properties's financial position?


Financial Position Analysis

Short Term Liabilities: QUART's short term assets (SEK150.1M) exceed its short term liabilities (SEK49.1M).

Long Term Liabilities: QUART's short term assets (SEK150.1M) do not cover its long term liabilities (SEK313.4M).


Debt to Equity History and Analysis

Debt Level: QUART's debt to equity ratio (89%) is considered high.

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

Debt Coverage: QUART's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if QUART's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Quartiers Properties's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate QUART'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 QUART's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if QUART'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 QUART's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

3.4yrs

Average board tenure


CEO

Marcus Prakt (29yo)

2.42yrs

Tenure

Mr. Marcus Johansson Prakt serves as Chief Executive Officer at Quartiers Properties AB since 2018 and served as its Chief financial officer. 


Board Members

NamePositionTenureCompensationOwnership
Jorgen Cederholm
Chairman of the Board of Directors & Partner5.42yrskr160.00k1.14% SEK1.7m
Andreas Bonnier
Directorno datano datano data
Jimmie Hall
Member of the board3.42yrskr80.00kno data
Sten Andersen
Independent Director3.33yrskr80.00k0.16% SEK235.3k

3.4yrs

Average Tenure

50.5yo

Average Age

Experienced Board: QUART's board of directors are considered experienced (3.4 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Quartiers Properties AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quartiers Properties AB (publ)
  • Ticker: QUART
  • Exchange: OM
  • Founded: 2014
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: kr150.235m
  • Shares outstanding: 48.46m
  • Website: https://www.quartiersproperties.se

Location

  • Quartiers Properties AB (publ)
  • Strandvägen 7 A
  • Stockholm
  • Stockholm County
  • 114 56
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QART MTF PREFNGM (Nordic Growth Market)NPV PRF (POST SPLIT)SESEKNo data
QUART PREFOM (OMX Nordic Exchange Stockholm)NPV PREFSESEKJul 2016
QUARTOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJun 2017

Biography

Quartiers Properties AB (publ) invests in, develops, sells, manages, and leases real estate properties. Its real estate projects are located in the community of Hacienda del Señorio de Cifuentes in Benahavis and Marbella, Spain. The company was founded in 2014 and is based in Stockholm, Sweden. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 09:24
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.