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.
Castellana Properties Socimi S.A. is a Spanish real estate investment trust focused on the acquisition, management, and investment of commercial real estate properties. Primarily, Castellana Properties specializes in retail sector properties, including shopping centers and retail parks, aiming to enhance their value through active asset management and strategic investments. The company plays a significant role in the Spanish real estate market, attracting both local and international investors with its robust portfolio of high-demand locations. Its business model is underpinned by stable rental income generation, a crucial factor for retail property investments. Castellana Properties ensures portfolio diversification across different geographic locations within Spain, mitigating risk while optimizing return on investments. By operating within a Socimi (Spanish REIT) framework, the company leverages tax efficiencies, ensuring most profits are distributed as dividends, providing reliable financial returns to its shareholders. Castellana Properties thereby contributes to the dynamic and evolving landscape of Spanish commercial real estate by continually adapting to market trends and consumer preferences.
€9.80
+€0.00 (+0.00%)
Price from 2 days ago
60.56% operating margin is above average. ROIC at 4.27%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 14.1%, still solid.
Net debt of €627M represents 10.1x FCF, leverage limits flexibility.
12.4x earnings, 18.0x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€102M
▲ +14.1% YoY
Net Income (TTM)
€91M
▲ +304.8% YoY
Op. Margin
60.56%
▼ -1.1pp YoY
ROIC
4.27%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€62M
▲ +12.3% YoY
Op. Cash Flow (TTM)
€88M
▲ +57.6% YoY
Net Debt
€627M
Cash & Equiv.
€81M
3Y CAGR: +12.0%
3Y CAGR: +9.8%
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