Financials Tander Inversiones SOCIMI, S.A.

Equities

YTAN

ES0105314001

Commercial REITs

Market Closed - BME 07:30:19 10/05/2024 pm IST 5-day change 1st Jan Change
12.3 EUR 0.00% Intraday chart for Tander Inversiones SOCIMI, S.A. 0.00% 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 48.2 50.82 52.66 97.01 102.2 104.8
Enterprise Value (EV) 1 91.58 113.5 127.6 205.6 208.6 213.1
P/E ratio 36.3 x 21.6 x 49 x 52.5 x 30.7 x -
Yield - - 1.58% - 2.55% -
Capitalization / Revenue 12.4 x 11.5 x 11.1 x 15 x 12.9 x 12.8 x
EV / Revenue 23.6 x 25.7 x 26.8 x 31.8 x 26.3 x 26 x
EV / EBITDA 29.1 x 32 x 32.3 x 38.4 x 31.2 x 32.2 x
EV / FCF 50.4 x 60.6 x 72.6 x 63.5 x 68.6 x 40.6 x
FCF Yield 1.99% 1.65% 1.38% 1.57% 1.46% 2.46%
Price to Book 1.92 x 1.95 x 1.36 x 1.45 x 1.5 x -
Nbr of stocks (in thousands) 5,211 5,212 5,214 8,509 8,516 8,519
Reference price 2 9.250 9.750 10.10 11.40 12.00 12.30
Announcement Date 01/05/19 30/05/20 25/04/21 03/05/22 24/04/23 26/04/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3.873 4.415 4.765 6.465 7.933 8.181
EBITDA 1 3.148 3.55 3.956 5.352 6.679 6.609
EBIT 1 2.638 2.912 2.971 3.762 5.002 4.929
Operating Margin 68.11% 65.95% 62.36% 58.18% 63.06% 60.25%
Earnings before Tax (EBT) 1 1.328 1.987 1.602 1.852 2.692 1.39
Net income 1 1.328 2.35 1.618 1.85 3.334 1.099
Net margin 34.27% 53.21% 33.96% 28.61% 42.03% 13.43%
EPS 2 0.2548 0.4507 0.2062 0.2173 0.3914 -
Free Cash Flow 1 1.818 1.875 1.758 3.237 3.04 5.246
FCF margin 46.94% 42.46% 36.9% 50.07% 38.32% 64.12%
FCF Conversion (EBITDA) 57.75% 52.8% 44.45% 60.49% 45.51% 79.38%
FCF Conversion (Net income) 136.97% 79.78% 108.66% 175.03% 91.17% 477.4%
Dividend per Share - - 0.1592 - 0.3060 -
Announcement Date 01/05/19 30/05/20 25/04/21 03/05/22 24/04/23 26/04/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 43.4 62.7 74.9 109 106 108
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.78 x 17.66 x 18.94 x 20.29 x 15.94 x 16.39 x
Free Cash Flow 1 1.82 1.87 1.76 3.24 3.04 5.25
ROE (net income / shareholders' equity) 5.27% 9.19% 3.83% 2.95% 4.94% 1.63%
ROA (Net income/ Total Assets) 2.38% 2.21% 1.61% 1.47% 1.74% 1.72%
Assets 1 55.68 106.1 100.2 125.9 191.9 63.89
Book Value Per Share 2 4.820 4.990 7.450 7.850 8.010 -
Cash Flow per Share 2 1.020 0.1600 0.6200 0.2800 0.3000 -
Capex 1 0 - - - - -
Capex / Sales 0.02% - - - - -
Announcement Date 01/05/19 30/05/20 25/04/21 03/05/22 24/04/23 26/04/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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