Covivio SA
PAR:COV

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Covivio SA
PAR:COV
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Price: 56.95 EUR -1.04% Market Closed
Market Cap: €6.4B

EV/OCF

17.8
Current
22%
More Expensive
vs 3-y average of 14.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
17.8
=
Enterprise Value
€14.5B
/
Operating Cash Flow
€819.6m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
17.8
=
Enterprise Value
€14.5B
/
Operating Cash Flow
€819.6m

Valuation Scenarios

Covivio SA is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (14.5), the stock would be worth €46.5 (18% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-44%
Maximum Upside
+1%
Average Downside
21%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 17.8 €56.95
0%
3-Year Average 14.5 €46.5
-18%
5-Year Average 18 €57.79
+1%
Industry Average 13.4 €42.85
-25%
Country Average 9.9 €31.88
-44%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close

Market Distribution

Higher than 75% of companies in France
Percentile
75th
Based on 1 497 companies
75th percentile
17.8
Low
0.3 — 6.5
Typical Range
6.5 — 15.7
High
15.7 —
Distribution Statistics
France
Min 0.3
30th Percentile 6.5
Median 9.9
70th Percentile 15.7
Max 2 301.8

Covivio SA
Glance View

Market Cap
6.4B EUR
Industry
Real Estate

Covivio SA, once a modest player in the realm of real estate, has transformed itself into a formidable European powerhouse, bridging the worlds of luxury hotels, cutting-edge office spaces, and high-quality residential properties. This French company, established with a vision of integration and versatility, artfully maneuvers through Europe's top urban landscapes like Paris, Berlin, and Milan. Covivio astutely invests in and manages ultramodern office spaces tailored to the shifting demands of businesses, acquiring long-term leases with reputable tenants. This strategic foresight translates into a steady flow of rental income, which remains a cornerstone of its revenue model. In addition to its office portfolio, Covivio has smartly diversified into the hotel sector, capitalizing on Europe’s robust tourism industry. By forging alliances with renowned hospitality chains, Covivio ensures its properties resonate with a mix of historic charm and contemporary allure, attracting both leisure and business travelers. The company’s residential initiatives further complement its business blueprint; by fostering urban regeneration and sustainable living, Covivio taps into the growing demand for eco-friendly urban housing. Through effective asset management and dynamic portfolio strategies, Covivio crafts a balanced mix of consistent rental income and value accretive opportunities, securing its stature and growth in the competitive European real estate market.

COV Intrinsic Value
101.98 EUR
Undervaluation 44%
Intrinsic Value
Price €56.95
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