-1.91%
-13.56%
-17.67%
-38.27%
-43.96%
-77.92%
-78.87%
AI Spotlight on CORE
Company Description
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 518 properties with a total lettable area of 3,479 thousand square kilometers.Corem Property Group AB (publ) was incorporated in 1993 and is headquartered in Stockholm, Sweden.
Market Data
| Last Price | 5.89 |
| Change Percentage | -1.91% |
| Open | 6 |
| Previous Close | 6.01 |
| Market Cap ( Millions) | 8459 |
| Volume | 1439803 |
| Year High | 11.08 |
| Year Low | 5.63 |
| M A 50 | 6.48 |
| M A 200 | 8.36 |
Financial Ratios
| FCF Yield | 8.28% |
| Dividend Yield | 2.88% |
| ROE | -15.23% |
| Debt / Equity | 147.99% |
| Net Debt / EBIDTA | -364.87% |
| Price To Book | 0.31 |
| Price Earnings Ratio | -2.04 |
| Price To FCF | 12.08 |
| Price To sales | 2.23 |
| EV / EBITDA | -4.62 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Investment Portfolio
Expected Growth : 4.5 %
What the company do ?
Corem Property Group AB's investment portfolio consists of high-quality, strategically located properties in Sweden, focusing on office and logistics spaces, with a total value of approximately SEK 23.6 billion.
Why we expect these perspectives ?
Corem Property Group AB's strategic focus on high-quality office and logistics spaces in Sweden, coupled with the country's growing economy and increasing demand for modern logistics facilities, drives growth in the segment.
Segment n°2 -> Development Portfolio
Expected Growth : 5.5 %
What the company do ?
Corem Property Group AB's Development Portfolio consists of 14 ongoing and planned projects in Sweden, focusing on office, retail, and residential properties, with a total lettable area of approximately 230,000 sqm.
Why we expect these perspectives ?
Corem Property Group's development portfolio, comprising 14 ongoing and planned projects in Sweden, is poised for growth driven by increasing demand for office, retail, and residential spaces. The total lettable area of 230,000 sqm provides a solid foundation for future expansion.
Corem Property Group Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| Commercial Properties | Corem Property Group AB (publ) offers a diverse portfolio of commercial properties, including office buildings, retail spaces, and logistics facilities, providing tenants with flexible and modern spaces to operate their businesses. |
| Residential Properties | Corem Property Group AB (publ) develops and manages a range of residential properties, including apartments, houses, and student accommodations, offering comfortable and convenient living solutions. |
| Property Development | Corem Property Group AB (publ) develops and renovates properties, transforming underutilized spaces into modern and sustainable buildings, creating value for investors and tenants alike. |
| Property Management | Corem Property Group AB (publ) provides comprehensive property management services, including maintenance, leasing, and financial management, ensuring that properties are well-maintained and profitable. |
Corem Property Group AB (publ)'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Corem Property Group AB (publ) is moderate due to the availability of alternative investment options in the real estate industry.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and diversified property portfolio.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the company's dependence on a few large suppliers for construction materials and services.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the real estate industry and the attractiveness of the Swedish market.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the Swedish real estate market, leading to intense competition for market share.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 60.24% |
| Debt Cost | 5.37% |
| Equity Weight | 39.76% |
| Equity Cost | 9.69% |
| WACC | 7.09% |
| Leverage | 151.50% |
Corem Property Group AB (publ) : Quality Control
Corem Property Group AB (publ) passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| 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 … |
| GTC.WA | 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 … |
| BOXE.L | Tritax EuroBox plc invest in and manage a well-diversified portfolio of large, high-quality logistics real estate assets, known as Big Boxes. It seeks to invests in properties fulfilling a key … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Tritax EuroBox
A-Score
1-Year Total Return ->
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Plazza
A-Score
1-Year Total Return ->
🥉
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
