Stock PRIMOF PRIME OFFICE A/S
Add to a list
To use this feature you must be a member
Log inSign up

Financials Prime Office A/S

Equities

PRIMOF

DK0060137594

Real Estate Development & Operations

Market Closed - Nasdaq Copenhagen
Other stock markets
 04:12:29 2024-04-26 am EDT 		5-day change 1st Jan Change
178 DKK +1.14% Intraday chart for Prime Office A/S +2.89% -11.00%
Apr. 26 Moody's Changes CA Immo’s Outlook to Stable from Negative; Ratings Affirmed MT
Mar. 19 Prime Office A/S Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 458.7 717.3 777.7 1,140 883.4 755
Enterprise Value (EV) 1 1,863 2,325 2,310 2,588 2,275 2,107
P/E ratio 5.89 x 6.25 x 5.32 x 7.43 x 8.1 x 13.7 x
Yield 2.27% - 2.43% - 1.28% -
Capitalization / Revenue 2.8 x 4.37 x 4.34 x 6.24 x 4.68 x 3.82 x
EV / Revenue 11.4 x 14.2 x 12.9 x 14.2 x 12.1 x 10.7 x
EV / EBITDA 18.3 x 22.3 x 19.7 x 21.4 x 19.1 x 16.7 x
EV / FCF 26.3 x 40.5 x 47.4 x 58.5 x 75.6 x 35.6 x
FCF Yield 3.8% 2.47% 2.11% 1.71% 1.32% 2.81%
Price to Book 0.82 x 1.03 x 0.93 x 1.16 x 0.73 x 0.62 x
Nbr of stocks (in thousands) 3,475 3,775 3,775 3,775 3,775 3,775
Reference price 2 132.0 190.0 206.0 302.0 234.0 200.0
Announcement Date 3/27/19 3/25/20 3/22/21 3/1/22 3/20/23 3/19/24
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 163.6 164.2 179.2 182.7 188.7 197.4
EBITDA 1 101.7 104.3 117.1 120.9 119.1 126
EBIT 1 101.7 104.2 117 120.8 119 125.9
Operating Margin 62.15% 63.47% 65.26% 66.13% 63.08% 63.77%
Earnings before Tax (EBT) 1 149 198.1 273.7 274.3 166.3 114.4
Net income 1 77.94 105.8 146.2 153.3 109 55.22
Net margin 47.65% 64.47% 81.59% 83.95% 57.78% 27.97%
EPS 2 22.43 30.42 38.73 40.62 28.88 14.63
Free Cash Flow 1 70.71 57.45 48.7 44.2 30.11 59.17
FCF margin 43.23% 34.99% 27.17% 24.2% 15.96% 29.97%
FCF Conversion (EBITDA) 69.55% 55.08% 41.59% 36.56% 25.28% 46.98%
FCF Conversion (Net income) 90.72% 54.28% 33.3% 28.82% 27.62% 107.15%
Dividend per Share 2 3.000 - 5.000 - 3.000 -
Announcement Date 3/27/19 3/25/20 3/22/21 3/1/22 3/20/23 3/19/24
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,404 1,607 1,533 1,448 1,392 1,352
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.81 x 15.41 x 13.09 x 11.97 x 11.69 x 10.74 x
Free Cash Flow 1 70.7 57.4 48.7 44.2 30.1 59.2
ROE (net income / shareholders' equity) 14.1% 15.2% 18.3% 16.5% 8.64% 4.7%
ROA (Net income/ Total Assets) 2.53% 2.34% 2.34% 2.25% 2.05% 2.03%
Assets 1 3,083 4,518 6,262 6,817 5,323 2,714
Book Value Per Share 2 161.0 185.0 221.0 261.0 322.0 324.0
Cash Flow per Share 2 6.970 7.690 22.00 33.40 40.00 77.70
Capex 1 0.01 0.11 - - - -
Capex / Sales 0.01% 0.07% - - - -
Announcement Date 3/27/19 3/25/20 3/22/21 3/1/22 3/20/23 3/19/24
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Office Real Estate Development

1st Jan change Capi.
PRIME OFFICE A/S Stock Prime Office A/S
-11.00% 96.22M
CA IMMOBILIEN ANLAGEN AG Stock CA Immobilien Anlagen AG
-6.13% 3.18B
HUFVUDSTADEN AB Stock Hufvudstaden AB
-10.13% 2.36B
ENTRA ASA Stock Entra ASA
-11.61% 1.68B
HYSAN DEVELOPMENT COMPANY LIMITED Stock Hysan Development Company Limited
-22.58% 1.57B
PLATZER FASTIGHETER HOLDING AB Stock Platzer Fastigheter Holding AB
+5.46% 970M
HEIWA REAL ESTATE CO., LTD. Stock Heiwa Real Estate Co., Ltd.
+12.47% 964M
CROMWELL PROPERTY GROUP Stock Cromwell Property Group
-4.76% 683M
BEIJING ELECTRONIC ZONE HIGH-TECH GROUP CO., LTD. Stock Beijing Electronic Zone High-tech Group Co., Ltd.
-19.46% 556M
EMPERADOR PROPERTIES SOCIMI, S.A. Stock Emperador Properties SOCIMI, S.A.
0.00% 458M
Office Real Estate Development
  1. Stock Market
  2. Equities
  3. PRIMOF Stock
  4. Financials Prime Office A/S