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1. Company Snapshot

1.a. Company Description

Selectirente is a public real estate fund managed by Sofidy.It invests in city center and suburb commercial properties, which should be located close to shopping malls.It primarily acquires properties in France.


As of March 29, 2019, Selectirente operates as a subsidiary of Tikehau Capital.

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1.b. Last Insights on SELER

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1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (8.50%)

6. Segments

Rents

Expected Growth: 8.5%

The growth of Rents from Selectirente is driven by increasing demand for online rental platforms, rising urbanization, and a growing need for convenient and affordable housing solutions.

Additional Income

Expected Growth: 4.5%

The supplemental income stream for retirees is expected to grow driven by increasing life expectancy, rising healthcare costs, and a growing need for financial security in post-work life.

7. Detailed Products

Rentals

Selectirente offers a wide range of rental equipment for construction, industry, and events, including aerial lifts, forklifts, and generators.

Sales of New and Used Equipment

Selectirente sells new and used equipment from top manufacturers, including aerial lifts, telehandlers, and forklifts.

Maintenance and Repair Services

Selectirente offers maintenance and repair services for equipment, including routine maintenance, repairs, and refurbishment.

Operator Training

Selectirente provides operator training for equipment, ensuring safe and efficient operation.

Equipment Inspection and Certification

Selectirente offers equipment inspection and certification services to ensure compliance with safety regulations.

8. Selectirente's Porter Forces

Forces Ranking

Threat Of Substitutes

Selectirente's services are not easily substitutable, but customers may opt for other financial services providers.

Bargaining Power Of Customers

Selectirente's customers have limited bargaining power due to the company's strong brand and diversified services.

Bargaining Power Of Suppliers

Selectirente's suppliers have moderate bargaining power, as the company relies on a diverse range of suppliers for its operations.

Threat Of New Entrants

The financial services industry is highly competitive, and new entrants may pose a significant threat to Selectirente's market share.

Intensity Of Rivalry

The financial services industry is highly competitive, and Selectirente faces intense rivalry from established players and new entrants.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 37.26%
Debt Cost 3.95%
Equity Weight 62.74%
Equity Cost 5.03%
WACC 4.62%
Leverage 59.40%

11. Quality Control: Selectirente passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Ascencio

A-Score: 7.2/10

Value: 6.1

Growth: 4.0

Quality: 7.1

Yield: 10.0

Momentum: 6.0

Volatility: 10.0

1-Year Total Return ->

Stock-Card
Wereldhave Belgium

A-Score: 6.8/10

Value: 4.0

Growth: 4.2

Quality: 6.4

Yield: 10.0

Momentum: 6.0

Volatility: 10.0

1-Year Total Return ->

Stock-Card
Supermarket Income REIT

A-Score: 6.3/10

Value: 3.4

Growth: 2.8

Quality: 6.4

Yield: 9.4

Momentum: 6.5

Volatility: 9.3

1-Year Total Return ->

Stock-Card
Frey

A-Score: 5.9/10

Value: 3.3

Growth: 5.4

Quality: 4.5

Yield: 9.4

Momentum: 3.0

Volatility: 9.7

1-Year Total Return ->

Stock-Card
Selectirente

A-Score: 5.8/10

Value: 4.3

Growth: 3.9

Quality: 7.3

Yield: 5.6

Momentum: 3.5

Volatility: 10.0

1-Year Total Return ->

Stock-Card
NewRiver

A-Score: 5.6/10

Value: 5.2

Growth: 2.8

Quality: 5.5

Yield: 10.0

Momentum: 2.5

Volatility: 7.7

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

84.5$

Current Price

84.5$

Potential

-0.00%

Expected Cash-Flows