B

BriQ Properties REIC
ATHEX:BRIQ

Watchlist Manager
BriQ Properties REIC
ATHEX:BRIQ
Watchlist
Price: 2.93 EUR 0.34% Market Closed
Market Cap: 136m EUR

Relative Value

The Relative Value of one BRIQ stock under the Base Case scenario is 3.93 EUR. Compared to the current market price of 2.93 EUR, BriQ Properties REIC is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BRIQ Relative Value
Base Case
3.93 EUR
Undervaluation 25%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
69
vs Industry
16
Median 3Y
7.3
Median 5Y
8.2
Industry
3.8
Forward
6.1
vs History
60
vs Industry
51
Median 3Y
5.2
Median 5Y
5.8
Industry
16.2
Forward
8
vs History
20
vs Industry
19
Median 3Y
12.5
Median 5Y
14
Industry
11.2
vs History
0
vs Industry
47
Median 3Y
8.9
Median 5Y
5.3
Industry
12.8
vs History
0
vs Industry
37
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
vs History
42
vs Industry
10
Median 3Y
12.4
Median 5Y
12.8
Industry
6.9
Forward
11.4
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
12.5
vs History
79
vs Industry
25
Median 3Y
14.7
Median 5Y
16.2
Industry
15.8
Forward
13.9
vs History
79
vs Industry
32
Median 3Y
14.9
Median 5Y
16.3
Industry
19.1
Forward
9.1
vs History
14
vs Industry
14
Median 3Y
21
Median 5Y
21.7
Industry
18.5
vs History
9
vs Industry
18
Median 3Y
21.8
Median 5Y
21.7
Industry
20.5
vs History
0
vs Industry
30
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8

Multiples Across Competitors

BRIQ Competitors Multiples
BriQ Properties REIC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
GR
BriQ Properties REIC
ATHEX:BRIQ
134.6m EUR 7 5.3 9.3 9.3
ZA
Growthpoint Properties Ltd
JSE:GRT
58B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
37.9B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
14.3B USD 8.5 39.2 16.5 26.3
ZA
Attacq Ltd
JSE:ATT
11.4B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
11.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 18.7 43.2 38.9 49
AU
Stockland Corporation Ltd
ASX:SGP
14.1B AUD 4.5 17 23.3 23.3
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
8.4B Zac 0 0 0 0
AU
Charter Hall Group
ASX:CHC
12B AUD 17.4 53 26.5 26.5
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6.7B EUR 12.9 10.4 26.2 26.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
GR
B
BriQ Properties REIC
ATHEX:BRIQ
Average EV/EBITDA: 23.5
9.3
-9%
N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-1%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
1%
N/A
US
WP Carey Inc
NYSE:WPC
16.5
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
38.9
-2%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.3
19%
1.2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
AU
Charter Hall Group
ASX:CHC
26.5
21%
1.3
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.2
10%
2.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
GR
B
BriQ Properties REIC
ATHEX:BRIQ
Average EV/EBIT: 26.8
9.3
1%
9.3
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
26.3
11%
2.4
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
49
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
23.3
18%
1.3
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
AU
Charter Hall Group
ASX:CHC
26.5
20%
1.3
ES
MERLIN Properties SOCIMI SA
MAD:MRL
26.5
20%
1.3