Corem Property Group AB Class D (CORE.D) AI Stock Analysis

• Market Cap: kr7.86B
• Dividend Yield: 8.62%
• Average Volume (3M): 5.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.27
• Revenue Growth: -9.00%
• EPS Growth: N/A
• Country: SE
• Employees: 280
• Sector: Real Estate
• Sector Strength: 64
• Industry: Real Estate - Services
• EPS (TTM): -0.82
• Shares Outstanding: 7,545,809
• 10 Day Avg. Volume: 2,812
• 30 Day Avg. Volume: 5,476
• PEG Ratio: 0.08
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: kr239.00 ▲(1.06%Upside)

The overall stock score of Corem Property Group AB Class D reflects its mixed financial performance, notably its strong cash flows against weak profitability and high leverage. Technical analysis suggests positive momentum, though the risk of an overbought condition should be considered. Valuation is challenging due to negative earnings, but the high dividend yield is a compensatory factor for income-focused investors.

Corem Property Group AB Class D Business Overview & Revenue Model

Company Description

Corem Property Group AB Class D (CORE.D) is a Swedish real estate company focused on owning, managing, and developing commercial properties. The company primarily operates in the logistics and warehouse sectors, offering space for rent to businesses in various industries across strategically located regions in Sweden and other select markets. Corem's portfolio is characterized by high-quality properties that are designed to meet the evolving needs of its tenants.

How the Company Makes Money

Corem Property Group AB generates revenue primarily through rental income from its portfolio of commercial properties. This rental income forms the backbone of its revenue model, as the company leases space in its logistics and warehouse facilities to a diverse range of tenants. Additionally, Corem may engage in property development and sales, which can provide supplementary revenue streams. The company focuses on enhancing property value through active management and development efforts, ensuring high occupancy rates and tenant satisfaction. Strategic partnerships with construction firms and financial institutions may also play a role in supporting Corem's growth and expansion efforts.

Corem Property Group AB Class D Financial Statement Overview

Summary

Corem Property Group AB Class D shows mixed financial health. The income statement reflects challenges in growing revenues and achieving net profitability. The balance sheet indicates high leverage, which may pose risks, though equity stability is a positive. Cash flows are strong relative to earnings, which is encouraging, but the overall financial position requires careful management to address profitability and leverage concerns.

Income Statement

The company has experienced a downward trend in revenue growth, with a decline from 2023 to 2024 and further in the TTM period. Despite maintaining a strong EBIT margin, the significant net losses over the periods indicate poor net profitability. The gross profit margin remains relatively stable, which is a positive aspect.

Balance Sheet

The debt-to-equity ratio has been relatively high, showing considerable leverage which may pose financial risks. However, the company has a stable equity ratio, which indicates a decent proportion of assets funded by equity. The return on equity is negative due to the net losses, which is a concern.

Cash Flow

Operating cash flow has shown some stability, with free cash flow remaining positive, which is a strong point. However, there is a volatility in free cash flow growth rates. The operating cash flow to net income ratio is favorable, indicating that cash inflows are relatively strong compared to net losses.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.65B	3.69B	4.24B	4.49B	2.91B	894.00M
	Gross Profit
2.35B	2.36B	2.88B	2.93B	1.87B	668.00M
	EBIT
2.49B	2.20B	2.70B	1.18B	5.29B	1.47B
	EBITDA
1.90B	2.22B	2.73B	1.20B	5.29B	1.47B
	Net Income Common Stockholders
-981.00M	-1.06B	-7.97B	3.03B	4.58B	-108.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
586.00M	586.00M	429.00M	2.08B	571.00M	15.00M
	Total Assets
61.78B	61.78B	64.85B	90.86B	92.24B	18.67B
	Total Debt
32.97B	32.97B	34.71B	49.54B	47.83B	9.85B
	Net Debt
32.39B	32.39B	34.28B	48.56B	47.26B	9.84B
	Total Liabilities
40.27B	40.27B	42.83B	59.55B	58.30B	11.40B
	Stockholders Equity
21.51B	21.51B	22.00B	31.27B	33.34B	7.28B
Cash Flow		Free Cash Flow
851.00M	920.00M	718.00M	2.19B	927.00M	367.00M
	Operating Cash Flow
1.01B	920.00M	718.00M	2.23B	1.19B	370.00M
	Investing Cash Flow
775.00M	1.67B	13.83B	-1.29B	-954.00M	-2.02B
	Financing Cash Flow
-2.08B	-2.44B	-15.10B	-583.00M	356.00M	1.65B

Corem Property Group AB Class D Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 236.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CORE.D, the sentiment is Positive. The current price of 236.5 is above the 20-day moving average (MA) of 226.70, above the 50-day MA of 216.53, and above the 200-day MA of 229.73, indicating a bullish trend. The MACD of 4.91 indicates Negative momentum. The RSI at 70.15 is Negative, neither overbought nor oversold. The STOCH value of 79.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CORE.D.

Corem Property Group AB Class D Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STEF.B	68 Neutral	kr6.03B	14.83	7.70%	―	1.88%	―
DIOS	66 Neutral	€9.13B	15.36	5.05%	0.82%	0.95%	―
PLAZ.B	64 Neutral	kr8.81B	28.50	2.36%	2.44%	13.54%	―
Sector *	61 Neutral	$2.85B	10.96	0.41%	8438.88%	5.73%	-21.25%
CORE.A	55 Neutral	kr7.86B	―	-4.46%	1.89%	-9.00%	87.77%
CORE.D	52 Neutral	kr7.86B	―		8.62%	-9.00%	―
SBB.B	51 Neutral	kr9.35B	―	-23.76%	18.16%	-30.32%	79.30%