Covivio SA
PAR:COV

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Covivio SA
PAR:COV
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Price: 49.46 EUR 0.32% Market Closed
Market Cap: 5.5B EUR

Relative Value

The Relative Value of one COV stock under the Base Case scenario is 98.68 EUR. Compared to the current market price of 49.46 EUR, Covivio SA is Undervalued by 50%.

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.

COV Relative Value
Base Case
98.68 EUR
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
73
vs Industry
29
Median 3Y
4.5
Median 5Y
4.8
Industry
3.6
Forward
8.2
vs History
4
vs Industry
6
Median 3Y
3.8
Median 5Y
6.7
Industry
16.5
Forward
10.2
vs History
69
vs Industry
54
Median 3Y
5.8
Median 5Y
6.9
Industry
10.9
vs History
4
vs Industry
34
Median 3Y
-5.4
Median 5Y
-5.4
Industry
12.8
vs History
36
vs Industry
54
Median 3Y
0.6
Median 5Y
0.6
Industry
0.8
vs History
90
vs Industry
10
Median 3Y
12.7
Median 5Y
13
Industry
6.4
Forward
21.4
vs History
88
vs Industry
22
Median 3Y
15.9
Median 5Y
16.3
Industry
11.8
vs History
85
vs Industry
33
Median 3Y
16.5
Median 5Y
17.3
Industry
15.8
Forward
23.1
vs History
69
vs Industry
36
Median 3Y
18.1
Median 5Y
18.9
Industry
18.9
Forward
21.9
vs History
76
vs Industry
45
Median 3Y
17.9
Median 5Y
19.8
Industry
18.4
vs History
38
vs Industry
23
Median 3Y
37.8
Median 5Y
25.2
Industry
20.2
vs History
26
vs Industry
55
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

COV Competitors Multiples
Covivio SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
FR
Covivio SA
PAR:COV
5.5B EUR 4.2 80.5 15.6 17.9
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.7B USD 3.9 96.7 11.5 27.5
US
Boston Properties Inc
NYSE:BXP
10.3B USD 3 718.3 13.4 25
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.3 24.9 25.7 34
US
Vornado Realty Trust
NYSE:VNO
7.2B USD 4 865.6 20.3 58.4
US
COPT Defense Properties
NYSE:CDP
5.8B USD 7.8 41.6 37.8 37.8
JP
Japan Real Estate Investment Corp
TSE:8952
821B JPY 9.8 21.9 22.3 29
AU
Dexus
ASX:DXS
8.1B AUD 9.4 -8.3 33.5 33.5
US
Cousins Properties Inc
NYSE:CUZ
4.7B USD 5.5 102.3 14.5 45.4
JP
Kenedix Office Investment Corp
TSE:8972
611.5B JPY 7.8 12.4 21.2 26.4
ES
Inmobiliaria Colonial SOCIMI SA
MAD:COL
3.6B EUR 7 11.7 21.5 22