-0.51%
-3.68%
-13.25%
-21.40%
-28.55%
-42.96%
-58.32%
AI Spotlight on GTC
Company Description
Globe Trade Centre S.A. manages, acquires, and develops primarily office and retail real estate properties in Poland and internationally.It manages 44 commercial buildings covering 761,000 square meters of office and retail space to tenants and customers in Poland, Hungary, Bucharest, Belgrade, Zagreb, and Sofia; development pipeline of retail and office properties comprising approximately an area of 220,000 square meters located in capital cities of Central and Eastern Europe; and 36,000 square meters of under construction properties.The company was founded in 1994 and is headquartered in Warsaw, Poland.
Market Data
| Last Price | 3.93 |
| Change Percentage | -0.51% |
| Open | 3.95 |
| Previous Close | 3.95 |
| Market Cap ( Millions) | 2257 |
| Volume | 11099 |
| Year High | 5.88 |
| Year Low | 3.81 |
| M A 50 | 4.09 |
| M A 200 | 4.65 |
Financial Ratios
| FCF Yield | -47.66% |
| Dividend Yield | 23.58% |
| ROE | 7.73% |
| Debt / Equity | 122.24% |
| Net Debt / EBIDTA | 1260.95% |
| Price To Book | 0.49 |
| Price Earnings Ratio | 6.28 |
| Price To FCF | -2.1 |
| Price To sales | -1.8 |
| EV / EBITDA | 17.8 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Rental Income from Office
Expected Growth : 3.0 %
What the company do ?
Rental income from office refers to the revenue generated from leasing office spaces within Globe Trade Centre S.A.'s properties.
Why we expect these perspectives ?
Rental income from office space at Globe Trade Centre S.A. is driven by a 3.0% growth rate, fueled by increasing demand for premium office space, strategic location, and high-quality amenities. Additionally, a strong and diversified tenant base, long-term lease agreements, and proactive property management contribute to the steady growth.
Segment n°2 -> Rental Income from Retail
Expected Growth : 2.8 %
What the company do ?
Rental Income from Retail of Globe Trade Centre S.A. refers to the revenue generated from leasing retail spaces in shopping centers and other retail properties.
Why we expect these perspectives ?
Rental income from retail at Globe Trade Centre S.A. grew 2.8% driven by increasing foot traffic, strategic tenant mix, and successful redevelopments. Additionally, the company's focus on dominant retail assets in Central and Eastern Europe, coupled with a strong brand portfolio, contributed to the growth. Furthermore, proactive asset management and cost control measures also supported the upward trend.
Segment n°3 -> Service Charge from Office
Expected Growth : 2.5 %
What the company do ?
Service Charge from Office at Globe Trade Centre S.A. is a fee for maintenance and upkeep of common areas and facilities.
Why we expect these perspectives ?
The 2.5% growth in Service Charge from Office at Globe Trade Centre S.A. is driven by increasing demand for premium office spaces, expansion of existing clients, and new lease agreements. Additionally, the centre's strategic location, high-quality amenities, and effective cost management contribute to the growth.
Segment n°4 -> Service Charge from Retail
Expected Growth : 2.2 %
What the company do ?
Service Charge from Retail from Globe Trade Centre S.A. is a fee for maintenance and upkeep of common areas in retail spaces.
Why we expect these perspectives ?
The 2.2% growth in Service Charge from Retail at Globe Trade Centre S.A. is driven by increasing foot traffic, strategic tenant mix, and effective cost management. Additionally, the company's focus on enhancing customer experience through investments in digital infrastructure and amenities has contributed to the growth.
Globe Trade Centre S.A. Products
| Product Range | What is it ? |
|---|---|
| Office Space | Globe Trade Centre S.A. offers high-quality office spaces for rent, providing a comfortable and efficient working environment for businesses. |
| Retail Space | The company provides retail spaces for rent, suitable for various types of businesses, from small shops to large supermarkets. |
| Logistics and Warehouse Space | Globe Trade Centre S.A. offers logistics and warehouse spaces for rent, equipped with modern facilities and infrastructure. |
| Hotel and Hospitality Services | The company provides hotel and hospitality services, including accommodation, dining, and event hosting. |
| Mixed-Use Developments | Globe Trade Centre S.A. develops and manages mixed-use projects, combining residential, office, and retail spaces. |
| Property Management Services | The company offers property management services, including maintenance, repairs, and administrative support. |
Globe Trade Centre S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Globe Trade Centre S.A. is medium due to the presence of alternative commercial properties and office spaces in Warsaw.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and the lack of alternative options for high-quality office spaces in Warsaw.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple contractors and suppliers in the market, but the company's large scale of operations gives it some negotiating power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the commercial property market, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the Warsaw commercial property market, leading to intense competition for tenants and clients.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 54.46% |
| Debt Cost | 3.95% |
| Equity Weight | 45.54% |
| Equity Cost | 6.89% |
| WACC | 5.29% |
| Leverage | 119.58% |
Globe Trade Centre S.A. : Quality Control
Globe Trade Centre S.A. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CORE-B.ST | Corem Property Group AB (publ), a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic region. As of December 31, 2021, it had … |
| FOXT.L | Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Mortgage Broking. The Lettings … |
| ORIA.PA | Fiducial Real Estate SA operates and manages real estate properties in France. As of September 30, 2021, it operated a portfolio of office buildings, business buildings, and residential buildings covering … |
| PLAN.SW | Plazza AG plans, develops, manages, and markets real estate properties and projects in Switzerland. It has a portfolio of residential, commercial, and office buildings. The company was founded in 2015 … |
| LOK.L | Lok'nStore Group Plc develops and operates self-storage centers in the United Kingdom. It offers personal storage services for furniture and belongings while moving property, decluttering, home improvements, redecorating, travelling overseas, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Plazza
A-Score
1-Year Total Return ->
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Lok'nStore
A-Score
1-Year Total Return ->
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Fiducial Real Estate
A-Score
1-Year Total Return ->
4
Globe Trade Centre
A-Score
1-Year Total Return ->
5
Foxtons
A-Score
1-Year Total Return ->
6
