NRP Stock Overview
The Group has an exceptional property portfolio with dominant position in Romania, Poland and Slovakia and strong presence in Croatia, Bulgaria, Hungary, Czech Republic, Serbia and Lithuania.
NEPI Rockcastle Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R81.06|
|52 Week High||R110.00|
|52 Week Low||R78.29|
|1 Month Change||-10.67%|
|3 Month Change||-5.25%|
|1 Year Change||-22.02%|
|3 Year Change||-36.91%|
|5 Year Change||-52.95%|
|Change since IPO||-52.17%|
Recent News & Updates
|NRP||ZA Real Estate||ZA Market|
Return vs Industry: NRP underperformed the ZA Real Estate industry which returned -20.9% over the past year.
Return vs Market: NRP underperformed the ZA Market which returned -7% over the past year.
|NRP Average Weekly Movement||3.1%|
|Real Estate Industry Average Movement||6.5%|
|Market Average Movement||5.5%|
|10% most volatile stocks in ZA Market||10.2%|
|10% least volatile stocks in ZA Market||3.1%|
Stable Share Price: NRP is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NRP's weekly volatility (3%) has been stable over the past year.
About the Company
The Group has an exceptional property portfolio with dominant position in Romania, Poland and Slovakia and strong presence in Croatia, Bulgaria, Hungary, Czech Republic, Serbia and Lithuania. NEPI Rockcastle’s shares are listed on Johannesburg Stock Exchange Limited (JSE) and Euronext Amsterdam, and its bonds are listed on the Irish Stock Exchange. The Group is investment-grade rated by Standard & Poor’s (BBB, stable outlook), Fitch (BBB, stable outlook) and Moody’s (Baa3, stable outlook).
NEPI Rockcastle Fundamentals Summary
|NRP fundamental statistics|
Is NRP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NRP income statement (TTM)|
|Cost of Revenue||€205.42m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 17, 2022
|Earnings per share (EPS)||0.47|
|Net Profit Margin||47.58%|
How did NRP perform over the long term?See historical performance and comparison
8.6%Current Dividend Yield
Is NRP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NRP?
Other financial metrics that can be useful for relative valuation.
|What is NRP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NRP's PE Ratio compare to its peers?
|NRP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LTE Lighthouse Properties
NRP NEPI Rockcastle
Price-To-Earnings vs Peers: NRP is expensive based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (8.3x).
Price to Earnings Ratio vs Industry
How does NRP's PE Ratio compare vs other companies in the African Real Estate Industry?
Price-To-Earnings vs Industry: NRP is good value based on its Price-To-Earnings Ratio (9.8x) compared to the African Real Estate industry average (10.3x)
Price to Earnings Ratio vs Fair Ratio
What is NRP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NRP's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NRP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NRP (ZAR81.06) is trading below our estimate of fair value (ZAR152.9)
Significantly Below Fair Value: NRP is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
Discover undervalued companies
How is NEPI Rockcastle forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if NRP's forecast earnings growth is above the savings rate (9%).
Earnings vs Market: Insufficient data to determine if NRP's earnings are forecast to grow faster than the ZA market
High Growth Earnings: Insufficient data to determine if NRP's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NRP's revenue (1.5% per year) is forecast to grow slower than the ZA market (5.5% per year).
High Growth Revenue: NRP's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NRP's Return on Equity is forecast to be low in 3 years time (8.6%).
Discover growth companies
How has NEPI Rockcastle performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NRP has high quality earnings.
Growing Profit Margin: NRP's current net profit margins (47.6%) are higher than last year (30.1%).
Past Earnings Growth Analysis
Earnings Trend: NRP's earnings have grown significantly by 32.2% per year over the past 5 years.
Accelerating Growth: NRP's earnings growth over the past year (85.7%) exceeds its 5-year average (32.2% per year).
Earnings vs Industry: NRP earnings growth over the past year (85.7%) underperformed the Real Estate industry 98.8%.
Return on Equity
High ROE: NRP's Return on Equity (7.5%) is considered low.
Discover strong past performing companies
How is NEPI Rockcastle's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NRP's short term assets (€555.5M) exceed its short term liabilities (€194.5M).
Long Term Liabilities: NRP's short term assets (€555.5M) do not cover its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: NRP's net debt to equity ratio (49%) is considered high.
Reducing Debt: NRP's debt to equity ratio has increased from 32.4% to 60.9% over the past 5 years.
Debt Coverage: NRP's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: NRP's interest payments on its debt are well covered by EBIT (6.3x coverage).
Discover healthy companies
What is NEPI Rockcastle current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|NEPI Rockcastle Dividend Yield vs Market|
|Company (NEPI Rockcastle)||8.6%|
|Market Bottom 25% (ZA)||3.5%|
|Market Top 25% (ZA)||9.0%|
|Industry Average (Real Estate)||8.3%|
|Analyst forecast in 3 Years (NEPI Rockcastle)||10.8%|
Notable Dividend: NRP's dividend (8.63%) is higher than the bottom 25% of dividend payers in the ZA market (3.52%).
High Dividend: NRP's dividend (8.63%) is low compared to the top 25% of dividend payers in the ZA market (8.94%).
Stability and Growth of Payments
Stable Dividend: NRP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NRP has only been paying a dividend for 5 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.8%), NRP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.2%), NRP's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rolf Dany (59 yo)
Mr. Rolf Rudiger Dany, BSc, is Executive Director at NEPI Rockcastle Plc since August 18, 2021, has been its Chief Executive Officer since June 01, 2022 and served as its Interim Chief Executive Officer fr...
Experienced Management: NRP's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: NRP's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NRP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|02 Sep 22||BuyR1,765,000||Andries de Lange||Individual||20,000||R88.25|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
NEPI Rockcastle N.V.'s employee growth, exchange listings and data sources
- Name: NEPI Rockcastle N.V.
- Ticker: NRP
- Exchange: JSE
- Founded: NaN
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: R49.365b
- Shares outstanding: 608.99m
- Website: https://www.nepirockcastle.com
Number of Employees
- NEPI Rockcastle N.V.
- 30 Athol Street
- 2nd Floor
- IM1 1JB
- Isle of Man
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NRP||JSE (The Johannesburg Securities Exchange)||Yes||Ordinary Shares||ZA||ZAR||Jul 2017|
|NRP||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jul 2017|
|0RU4||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jul 2017|
|A3DNGP||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2017|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/30 00:00|
|End of Day Share Price||2022/09/30 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.