Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
CTP N.V. is Europe's largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area. Headquartered in Amsterdam, Netherlands, the company specializes in creating and operating an extensive network of business parks across Central and Eastern Europe, with expansions into Western Europe, including Germany, Poland, Romania, and recently Italy. Founded in 1998, CTP N.V. employs a unique 'Parkmaker' model that oversees the full property lifecycle—from land acquisition and sustainable development to long-term management—delivering turn-key solutions like CTBox, CTFlex, CTSpace, CTFit, and CTLab properties tailored for manufacturing, logistics, e-commerce, retail, and distribution needs. All buildings achieve BREEAM certification, with commitments to 100% energy efficiency by 2030, net-zero emissions, and over 100 MWp in installed solar capacity, integrating renewable energy to lower tenant costs and enhance environmental impact. As of late 2025, its portfolio spans 13.8 million sqm of gross lettable area, backed by a 25.7 million sqm landbank targeting 30 million sqm by 2030, generating revenue primarily through long-term leases, development gains, and energy services while maintaining high occupancy rates above 97%. CTP N.V. plays a pivotal role in the industrial real estate market, supporting Europe's logistics boom driven by e-commerce and supply chain demands.
67.45% operating margin is above average. ROIC at 3.13%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 11.7%, still solid.
Net debt of €8.58B represents 25.4x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (FY)
€972M
▲ +11.7% YoY
Net Income (FY)
€1.08B
Op. Margin
67.45%
▲ +1.8pp YoY
ROIC
3.13%
▼ -0.1pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€338M
▲ +10.3% YoY
Op. Cash Flow (FY)
€1.28B
Net Debt
€8.58B
Cash & Equiv.
€708M
3Y CAGR: +18.2%
3Y CAGR: +11.1%
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