Arrienda Rental Properties SOCIMI SA
MAD:YARP

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Arrienda Rental Properties SOCIMI SA
MAD:YARP
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Price: 2.9 EUR 1.4% Market Closed
Market Cap: 59.8m EUR

Relative Value

The Relative Value of one YARP stock under the Base Case scenario is 3.79 EUR. Compared to the current market price of 2.9 EUR, Arrienda Rental Properties SOCIMI SA is Undervalued by 23%.

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.

YARP Relative Value
Base Case
3.79 EUR
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
80
vs Industry
6
Median 3Y
18.8
Median 5Y
18.8
Industry
3.9
vs History
71
vs Industry
17
Median 3Y
29
Median 5Y
28.6
Industry
17.2
vs History
71
vs Industry
33
Median 3Y
32.9
Median 5Y
28.8
Industry
11.4
vs History
52
vs Industry
31
Median 3Y
8.3
Median 5Y
8.3
Industry
13.5
vs History
98
vs Industry
12
Median 3Y
2.5
Median 5Y
2.5
Industry
0.9
vs History
80
vs Industry
7
Median 3Y
23.3
Median 5Y
23.3
Industry
6.8
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
12.5
vs History
76
vs Industry
18
Median 3Y
30.8
Median 5Y
30.8
Industry
16.1
vs History
76
vs Industry
26
Median 3Y
30.8
Median 5Y
30.8
Industry
19.5
vs History
71
vs Industry
44
Median 3Y
40.8
Median 5Y
30.1
Industry
18.6
vs History
71
vs Industry
39
Median 3Y
40.8
Median 5Y
30.1
Industry
20.7
vs History
98
vs Industry
10
Median 3Y
1.8
Median 5Y
2
Industry
0.8

Multiples Across Competitors

YARP Competitors Multiples
Arrienda Rental Properties SOCIMI SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
ES
Arrienda Rental Properties SOCIMI SA
MAD:YARP
59.7m EUR 13.8 27.9 24.2 24.2
ZA
Growthpoint Properties Ltd
JSE:GRT
50.9B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
33B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
14.7B USD 8.9 43.8 17.2 27.5
ZA
Fairvest Ltd
JSE:FTA
11.1B Zac 0 0 0 0
ZA
Attacq Ltd
JSE:ATT
9.9B Zac 0 0 0 0
AU
Stockland Corporation Ltd
ASX:SGP
14.9B AUD 4.8 18.1 24.5 24.5
JP
KDX Realty Investment Corp
OTC:KDXRF
9.5B USD 17.9 41.3 37.6 47.4
ES
MERLIN Properties SOCIMI SA
MAD:MRL
7.2B EUR 14.1 10.9 25.4 25.7
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.5B Zac 0 0 0 0
FR
Gecina SA
PAR:GFC
6.3B EUR 8.8 12.3 21.4 21.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
ES
Arrienda Rental Properties SOCIMI SA
MAD:YARP
Average EV/EBITDA: 25.1
24.2
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available N/A N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
17.2
8%
2.2
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
24.5
18%
1.4
JP
KDX Realty Investment Corp
OTC:KDXRF
37.6
-1%
N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
25.4
10%
2.5
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
FR
Gecina SA
PAR:GFC
21.4
5%
4.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
ES
Arrienda Rental Properties SOCIMI SA
MAD:YARP
Average EV/EBIT: 28.5
24.2
N/A N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available N/A N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
27.5
12%
2.3
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
24.5
17%
1.4
JP
KDX Realty Investment Corp
OTC:KDXRF
47.4
N/A N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
25.7
11%
2.3
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
FR
Gecina SA
PAR:GFC
21.4
11%
1.9