Financials Trastor Real Estate Investment Company SA

Equities

TRASTOR

GRS487003006

Commercial REITs

Market Closed - Athens S.E. 10:12:23 2024-04-26 am EDT 5-day change 1st Jan Change
1.19 EUR 0.00% Intraday chart for Trastor Real Estate Investment Company SA +6.25% -8.46%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 63.75 114.6 132.6 134.9 148.5 198.1
Enterprise Value (EV) 1 92.87 195.8 271.1 278.8 341.1 405.4
P/E ratio 23.3 x 7.03 x 37.1 x 5.86 x 4.39 x 10.7 x
Yield - - 1.14% 2.23% 3.06% 1.54%
Capitalization / Revenue 11 x 11.1 x 9.64 x 7.05 x 6.45 x 7.31 x
EV / Revenue 16 x 19 x 19.7 x 14.6 x 14.8 x 15 x
EV / EBITDA 76.1 x 55.3 x 38.1 x 24 x 24.2 x 23 x
EV / FCF 81.5 x 1,354 x -148 x 43 x -63.9 x 104 x
FCF Yield 1.23% 0.07% -0.68% 2.33% -1.56% 0.96%
Price to Book 0.77 x 0.94 x 0.83 x 0.75 x 0.7 x 0.72 x
Nbr of stocks (in thousands) 80,691 109,170 150,654 150,728 151,532 152,361
Reference price 2 0.7900 1.050 0.8800 0.8950 0.9800 1.300
Announcement Date 3/4/19 3/9/20 3/30/21 4/1/22 4/11/23 3/29/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 5.809 10.32 13.75 19.14 23.04 27.11
EBITDA 1 1.22 3.542 7.114 11.62 14.12 17.6
EBIT 1 1.194 3.513 7.073 11.57 14.08 17.56
Operating Margin 20.56% 34.04% 51.42% 60.45% 61.11% 64.78%
Earnings before Tax (EBT) 1 3.49 14.38 3.381 23.36 34.51 24.73
Net income 1 2.738 13.77 3.088 23.02 33.94 22.65
Net margin 47.13% 133.42% 22.45% 120.27% 147.33% 83.54%
EPS 2 0.0339 0.1494 0.0237 0.1528 0.2230 0.1210
Free Cash Flow 1 1.139 0.1446 -1.835 6.489 -5.338 3.912
FCF margin 19.62% 1.4% -13.34% 33.91% -23.17% 14.43%
FCF Conversion (EBITDA) 93.39% 4.08% - 55.84% - 22.23%
FCF Conversion (Net income) 41.62% 1.05% - 28.19% - 17.27%
Dividend per Share - - 0.0100 0.0200 0.0300 0.0200
Announcement Date 3/4/19 3/9/20 3/30/21 4/1/22 4/11/23 3/29/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 29.1 81.2 138 144 193 207
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 23.87 x 22.91 x 19.47 x 12.39 x 13.64 x 11.79 x
Free Cash Flow 1 1.14 0.14 -1.83 6.49 -5.34 3.91
ROE (net income / shareholders' equity) 3.37% 13.5% 2.2% 13.5% 17.3% 9.31%
ROA (Net income/ Total Assets) 0.73% 1.3% 1.63% 2.14% 2.24% 2.35%
Assets 1 373.2 1,057 189.2 1,077 1,515 964.4
Book Value Per Share 2 1.020 1.120 1.060 1.200 1.400 1.800
Cash Flow per Share 2 0.0400 0.1200 0.1200 0.1600 0.1200 0.0800
Capex 1 0.01 0.02 0.07 0.03 0.02 0.02
Capex / Sales 0.25% 0.2% 0.54% 0.14% 0.1% 0.08%
Announcement Date 3/4/19 3/9/20 3/30/21 4/1/22 4/11/23 3/29/24
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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