Financials VBARE Iberian Properties SOCIMI, S.A.

Equities

YVBA

ES0105196002

Residential REITs

Market Closed - BME 15:00:22 15/05/2024 BST 5-day change 1st Jan Change
5.9 EUR 0.00% Intraday chart for VBARE Iberian Properties SOCIMI, S.A. -0.84% -9.23%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 31.75 48.11 39.31 25.46 25.62 23.02
Enterprise Value (EV) 1 43.26 64.82 58.62 42.83 47.01 46.74
P/E ratio 6.38 x 11.2 x -9.24 x 1,014 x 39.5 x 11.8 x
Yield - - - 2.61% - -
Capitalization / Revenue 22.2 x 26.2 x 19.3 x 14.2 x 13.3 x 10.1 x
EV / Revenue 30.3 x 35.4 x 28.8 x 23.9 x 24.5 x 20.5 x
EV / EBITDA -27.6 x -126 x -124 x -69.6 x -96.1 x 916 x
EV / FCF -113 x -41.6 x -89 x -121 x -63.2 x -26.7 x
FCF Yield -0.89% -2.4% -1.12% -0.82% -1.58% -3.75%
Price to Book 0.85 x 0.86 x 0.79 x 0.55 x 0.58 x 0.5 x
Nbr of stocks (in thousands) 2,369 3,590 3,574 3,561 3,558 3,542
Reference price 2 13.40 13.40 11.00 7.150 7.200 6.500
Announcement Date 03/04/19 18/02/20 15/03/21 28/03/22 23/03/23 07/03/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1.427 1.833 2.037 1.792 1.92 2.28
EBITDA 1 -1.568 -0.5157 -0.4723 -0.615 -0.489 0.051
EBIT 1 -1.569 -0.561 -0.483 -0.619 -0.492 0.031
Operating Margin -109.95% -30.61% -23.71% -34.54% -25.63% 1.36%
Earnings before Tax (EBT) 1 4.801 3.434 -4.256 0.025 0.648 1.948
Net income 1 4.801 3.434 -4.256 0.025 0.648 1.948
Net margin 336.44% 187.34% -208.93% 1.4% 33.75% 85.44%
EPS 2 2.099 1.193 -1.190 0.007048 0.1824 0.5489
Free Cash Flow 1 -0.3842 -1.559 -0.6585 -0.3529 -0.7444 -1.752
FCF margin -26.93% -85.04% -32.33% -19.69% -38.77% -76.82%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - 0.1865 - -
Announcement Date 03/04/19 18/02/20 15/03/21 28/03/22 23/03/23 07/03/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 11.5 16.7 19.3 17.4 21.4 23.7
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -7.343 x -32.41 x -40.88 x -28.24 x -43.75 x 465 x
Free Cash Flow 1 -0.38 -1.56 -0.66 -0.35 -0.74 -1.75
ROE (net income / shareholders' equity) 14.3% 7.4% -8.07% 0.05% 1.43% 4.29%
ROA (Net income/ Total Assets) -2.12% -0.53% -0.4% -0.54% -0.44% 0.03%
Assets 1 -226.5 -643.9 1,055 -4.647 -148.1 7,136
Book Value Per Share 2 15.70 15.60 14.00 13.10 12.50 13.00
Cash Flow per Share 2 2.130 0.7600 1.030 1.520 0.8700 0.2200
Capex - 0 - - - -
Capex / Sales - 0.05% - - - -
Announcement Date 03/04/19 18/02/20 15/03/21 28/03/22 23/03/23 07/03/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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