Financials Reitir fasteignafélag hf.

Equities

REITIR

IS0000020352

Real Estate Development & Operations

Market Closed - Nasdaq Iceland 11:24:54 2024-04-26 am EDT 5-day change 1st Jan Change
76.5 ISK -0.65% Intraday chart for Reitir fasteignafélag hf. -0.65% -9.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 51,847 49,864 46,657 66,170 67,304 61,516
Enterprise Value (EV) 1 132,897 139,445 134,634 161,567 170,225 174,658
P/E ratio 465 x 15 x 24.8 x 8.71 x 100 x 8.27 x
Yield 2.21% 2.26% 1.41% 2.04% 2.11% 2.43%
Capitalization / Revenue 4.54 x 4.25 x 4.37 x 5.58 x 4.99 x 4.07 x
EV / Revenue 11.6 x 11.9 x 12.6 x 13.6 x 12.6 x 11.6 x
EV / EBITDA - - 19,922,196 x 20,844,727 x 18,565,274 x 17,192,440 x
EV / FCF 42.6 x 47.6 x 86.9 x 50.5 x 43.2 x 38.4 x
FCF Yield 2.35% 2.1% 1.15% 1.98% 2.31% 2.61%
Price to Book 1.08 x 1.03 x 1.04 x 1.11 x 1.19 x 1.01 x
Nbr of stocks (in thousands) 706,356 684,000 659,000 778,476 752,000 728,000
Reference price 2 73.40 72.90 70.80 85.00 89.50 84.50
Announcement Date 2/19/19 2/17/20 2/15/21 2/15/22 2/13/23 2/12/24
1ISK in Million2ISK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 11,421 11,723 10,685 11,850 13,481 15,107
EBITDA - - 6,758 7,751 9,169 10,159
EBIT 1 7,606 7,672 6,751 7,744 9,162 10,150
Operating Margin 66.6% 65.44% 63.18% 65.35% 67.96% 67.19%
Earnings before Tax (EBT) 1 -1,305 4,439 2,819 9,739 292 10,050
Net income 1 110 3,324 1,947 7,583 673 7,504
Net margin 0.96% 28.35% 18.22% 63.99% 4.99% 49.67%
EPS 2 0.1578 4.845 2.859 9.759 0.8914 10.22
Free Cash Flow 1 3,121 2,927 1,550 3,201 3,938 4,552
FCF margin 27.32% 24.96% 14.51% 27.01% 29.21% 30.13%
FCF Conversion (EBITDA) - - 22.94% 41.3% 42.95% 44.81%
FCF Conversion (Net income) 2,837.05% 88.05% 79.62% 42.21% 585.12% 60.66%
Dividend per Share 2 1.620 1.650 1.000 1.730 1.890 2.050
Announcement Date 2/19/19 2/17/20 2/15/21 2/15/22 2/13/23 2/12/24
1ISK in Million2ISK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 81,050 89,581 87,977 95,397 102,921 113,142
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - 13.02 x 12.31 x 11.22 x 11.14 x
Free Cash Flow 1 3,121 2,927 1,550 3,201 3,938 4,552
ROE (net income / shareholders' equity) 0.23% 7.03% 3.88% 13.6% 1.17% 12.9%
ROA (Net income/ Total Assets) 3.34% 3.25% 2.74% 2.95% 3.31% 3.45%
Assets 1 3,289 102,368 71,095 256,651 20,333 217,810
Book Value Per Share 2 68.00 71.10 67.90 76.60 75.20 83.50
Cash Flow per Share 2 4.730 1.780 2.640 1.250 0.0600 1.770
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 2/19/19 2/17/20 2/15/21 2/15/22 2/13/23 2/12/24
1ISK in Million2ISK
Estimates
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