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

• Market Cap: kr7.53B
• Dividend Yield: 8.39%
• Average Volume (3M): 7.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.30
• Revenue Growth: -7.68%
• EPS Growth: 71.56%
• Country: SE
• Employees: 280
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.41
• Shares Outstanding: 7,545,809
• 10 Day Avg. Volume: 4,722
• 30 Day Avg. Volume: 7,907
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: kr236.98
• Price Target Upside: -0.64% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: kr237.00 ▼(-0.63% Downside)

Corem Property Group AB Class D's overall stock score is primarily impacted by its financial performance and valuation concerns. The company's high leverage and negative profitability are significant risks, while its strong cash flow generation provides some resilience. The technical analysis indicates a bearish trend, and the high dividend yield may appeal to some investors despite the negative P/E ratio.

Corem Property Group AB Class D Business Overview & Revenue Model

Company Description

Corem Property Group AB Class D (CORE.D) is a prominent real estate company based in Sweden, specializing in the ownership, management, and development of commercial properties. The company's portfolio primarily consists of logistics, industrial, and office spaces strategically located to cater to a diverse range of businesses. Corem Property Group prides itself on creating sustainable and high-quality environments that meet the needs of its tenants and contribute to the economic growth of the regions in which it operates.

How the Company Makes Money

Corem Property Group AB generates revenue primarily through rental income from its extensive portfolio of commercial properties. The company focuses on leasing logistics, industrial, and office spaces to a variety of tenants, which include businesses from different sectors looking for strategically located and well-maintained facilities. Additionally, Corem engages in property development and refurbishment projects, which can lead to increased property value and rental income. The company's earnings are further supported by its strategic partnerships and alliances with other real estate firms, which can enhance its property offerings and market reach. Corem's focus on sustainability and tenant satisfaction also plays a crucial role in maintaining high occupancy rates and long-term lease agreements, contributing to its steady revenue streams.

Corem Property Group AB Class D Financial Statement Overview

Summary

Corem Property Group AB Class D faces significant challenges with declining revenues and negative profitability. Despite operational efficiency, high leverage and negative returns on equity pose risks. The company shows resilience in cash flow generation, but overall financial health is strained, requiring strategic adjustments to improve profitability and reduce debt levels.

Income Statement

The company has experienced declining revenues over the past few years, with a negative revenue growth rate in the TTM period. Gross profit margins remain relatively stable, but net profit margins are negative, indicating profitability challenges. The EBIT and EBITDA margins are strong, suggesting operational efficiency, but the negative net income is a significant concern.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage, which could pose risks in a volatile market. Return on equity is negative, reflecting the company's struggles to generate profits from shareholders' equity. The equity ratio is moderate, suggesting a balanced asset structure, but the high debt levels are a concern.

Cash Flow

The company has shown positive free cash flow growth, which is a positive indicator of liquidity. The operating cash flow to net income ratio is low, reflecting challenges in converting income into cash. However, the free cash flow to net income ratio is strong, indicating good cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.60B	3.69B	4.24B	4.49B	2.91B	894.00M
Gross Profit	2.31B	2.36B	2.88B	2.93B	1.87B	668.00M
EBITDA	1.87B	2.22B	2.73B	1.20B	5.29B	1.47B
Net Income	-1.64B	-1.06B	-7.97B	3.03B	4.58B	-108.00M
Balance Sheet
Total Assets	57.22B	61.78B	64.85B	90.86B	92.24B	18.67B
Cash, Cash Equivalents and Short-Term Investments	536.00M	586.00M	429.00M	2.08B	571.00M	15.00M
Total Debt	29.95B	32.97B	34.71B	49.54B	47.83B	9.85B
Total Liabilities	37.11B	40.27B	42.83B	59.55B	58.30B	11.40B
Stockholders Equity	20.11B	21.51B	22.00B	31.27B	33.34B	7.28B
Cash Flow
Free Cash Flow	961.00M	920.00M	718.00M	2.19B	927.00M	367.00M
Operating Cash Flow	961.00M	920.00M	718.00M	2.23B	1.19B	370.00M
Investing Cash Flow	2.22B	1.67B	13.83B	-1.29B	-954.00M	-2.02B
Financing Cash Flow	-3.03B	-2.44B	-15.10B	-583.00M	356.00M	1.65B

Corem Property Group AB Class D Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 238.50
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CORE.D, the sentiment is Negative. The current price of 238.5 is below the 20-day moving average (MA) of 241.67, below the 50-day MA of 242.01, and above the 200-day MA of 222.53, indicating a neutral trend. The MACD of -0.58 indicates Positive momentum. The RSI at 44.09 is Neutral, neither overbought nor oversold. The STOCH value of 55.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
PLAZ.B	68 Neutral	kr9.07B	12.87	5.26%	2.77%	8.42%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SFAST	58 Neutral	€3.86B	16.47	4.06%	0.96%	-4.24%	―
CORE.D	49 Neutral	kr7.53B	―	―	8.39%	-7.68%	71.56%
SBB.B	48 Neutral	€9.23B	―	-15.43%	22.16%	-20.69%	81.21%
CORE.A	46 Neutral	kr7.53B	―	-7.84%	2.04%	-7.68%	71.56%