Financials AM Locales Property SOCIMI, S.A.

Equities

YAML

ES0105272001

Commercial REITs

Market Closed - BME 10:00:11 2024-05-21 am EDT 5-day change 1st Jan Change
21.8 EUR 0.00% Intraday chart for AM Locales Property SOCIMI, S.A. 0.00% 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 107.6 110.6 110.4 109.6 109.4 109.2
Enterprise Value (EV) 1 150.7 156.4 156.6 152.3 147.9 164.6
P/E ratio 49.6 x 43.5 x 65.3 x 56.8 x 56.7 x 41 x
Yield - - 1.38% 1.71% 1.74% -
Capitalization / Revenue 14.5 x 15.1 x 17.5 x 16.5 x 14.2 x 13.5 x
EV / Revenue 20.3 x 21.4 x 24.8 x 23 x 19.2 x 20.3 x
EV / EBITDA 37.5 x 36.5 x 47.4 x 33.9 x 31.9 x 33 x
EV / FCF 59.6 x 80.1 x 108 x 75.7 x 53.3 x 72.6 x
FCF Yield 1.68% 1.25% 0.93% 1.32% 1.88% 1.38%
Price to Book 3.38 x 3.57 x 3.67 x 3.42 x 2.96 x 3 x
Nbr of stocks (in thousands) 5,028 5,028 5,020 5,028 5,020 5,010
Reference price 2 21.40 22.00 22.00 21.80 21.80 21.80
Announcement Date 4/23/19 5/29/20 4/26/21 4/27/22 4/25/23 4/23/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 7.431 7.324 6.314 6.624 7.711 8.092
EBITDA 1 4.018 4.289 3.306 4.493 4.633 4.989
EBIT 1 3.073 3.271 2.261 3.473 3.618 4.02
Operating Margin 41.35% 44.66% 35.8% 52.43% 46.93% 49.68%
Earnings before Tax (EBT) 1 2.264 2.862 1.708 1.945 1.942 2.668
Net income 1 2.167 2.546 1.691 1.928 1.925 2.647
Net margin 29.17% 34.76% 26.78% 29.1% 24.97% 32.71%
EPS 2 0.4310 0.5063 0.3369 0.3841 0.3842 0.5317
Free Cash Flow 1 2.53 1.953 1.45 2.012 2.776 2.267
FCF margin 34.05% 26.67% 22.96% 30.38% 36% 28.02%
FCF Conversion (EBITDA) 62.98% 45.54% 43.85% 44.79% 59.91% 45.44%
FCF Conversion (Net income) 116.75% 76.73% 85.72% 104.39% 144.19% 85.65%
Dividend per Share - - 0.3033 0.3720 0.3793 -
Announcement Date 4/23/19 5/29/20 4/26/21 4/27/22 4/25/23 4/23/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 43.1 45.8 46.1 42.7 38.5 55.4
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.74 x 10.68 x 13.95 x 9.512 x 8.308 x 11.11 x
Free Cash Flow 1 2.53 1.95 1.45 2.01 2.78 2.27
ROE (net income / shareholders' equity) 6.92% 8.1% 5.53% 6.21% 5.59% 7.25%
ROA (Net income/ Total Assets) 2.51% 2.5% 1.68% 2.51% 2.43% 2.55%
Assets 1 86.37 102 100.7 76.86 79.17 103.8
Book Value Per Share 2 6.330 6.170 5.990 6.370 7.360 7.260
Cash Flow per Share 2 1.130 0.3600 1.700 1.720 4.350 0.4300
Capex 1 0 0.01 0 0 0.02 0.15
Capex / Sales 0.02% 0.08% 0.01% 0.07% 0.31% 1.87%
Announcement Date 4/23/19 5/29/20 4/26/21 4/27/22 4/25/23 4/23/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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