Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Hispania Activos Inmobiliarios SOCIMI. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Hispania Activos Inmobiliarios SOCIMI's
is considered below, and whether this is a fair price.
Price based on past earnings
Hispania Activos Inmobiliarios SOCIMI's earnings available for a low price, and how does
this compare to other companies in the same industry?
Hispania Activos Inmobiliarios SOCIMI's earnings are expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).
Hispania Activos Inmobiliarios SOCIMI's revenue is expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Hispania Activos Inmobiliarios SOCIMI's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Hispania Activos Inmobiliarios SOCIMI
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Hispania Activos Inmobiliarios SOCIMI's finances.
The net worth of a company is the difference between its assets and liabilities.
Hispania Activos Inmobiliarios SOCIMI's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Hispania Activos Inmobiliarios SOCIMI's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Hispania Activos Inmobiliarios SOCIMI's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.4x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Hispania Activos Inmobiliarios SOCIMI's financial health by checking for:
Are short term assets greater than short term liabilities? (1 check)
Are short term assets greater than long term liabilities? (1 check)
Has the debt to equity ratio increased in the past 5 years? (1 check)
Is the debt to equity ratio over 40%? (1 check)
Is the debt covered by operating cash flow? (1 check)
Are earnings greater than 5x the interest on debt (if company pays interest
at all)? (1 check)
Hispania Activos Inmobiliarios SOCIMI
has a total score of
0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Hispania’s shares are traded on the Spanish Continuous Market, as part of the Ibex Small Cap index since December 11th, 2014. Established in January 2014, its main objective is to acquire and manage real estate assets in Spain, in order to maximize returns for shareholders through active management of the company’s portfolio. Hispania is registered as a “SOCIMI” (Sociedad Anónima Cotizada de Inversión Inmobiliaria), also known as Real Estate Investment Trust companies (REIT), since May 2016 after the approval from its Annual Shareholder’s Meeting to conclude the merger between Hispania Activos Inmobiliarios and it’s 100% subsidiary Hispania Real SOCIMI. Through this regime Hispania can take advantage of all the fiscal benefits associated to it in order to maximize the value of its portfolio.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.