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

• Market Cap: kr8.81B
• Dividend Yield: 8.35%
• Average Volume (3M): 5.86K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: -9.00%
• EPS Growth: N/A
• Country: SE
• Employees: 280
• Sector: Real Estate
• Sector Strength: 59
• Industry: Real Estate - Services
• EPS (TTM): -0.82
• Shares Outstanding: 7,545,809
• 10 Day Avg. Volume: 6,666
• 30 Day Avg. Volume: 5,857
• PEG Ratio: -1.23
• Price to Book (P/B): 5.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 84.50
• 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 ▼(-0.21%Downside)

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 (publ), a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic region. As of December 31, 2021, it had 518 properties with a total lettable area of 3,479 thousand square kilometers. Corem Property Group AB (publ) was incorporated in 1993 and is headquartered in Stockholm, Sweden.

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
EBITDA	1.90B	2.22B	2.73B	1.20B	5.29B	1.47B
Net Income	-981.00M	-1.06B	-7.97B	3.03B	4.58B	-108.00M
Balance Sheet
Total Assets	60.27B	61.78B	64.85B	90.86B	92.24B	18.67B
Cash, Cash Equivalents and Short-Term Investments	439.00M	586.00M	429.00M	2.08B	571.00M	15.00M
Total Debt	32.18B	32.97B	34.71B	49.54B	47.83B	9.85B
Total Liabilities	39.35B	40.27B	42.83B	59.55B	58.30B	11.40B
Stockholders Equity	20.92B	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: 239.50
• 50DMA: Positive
• 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 Positive. The current price of 239.5 is above the 20-day moving average (MA) of 232.87, above the 50-day MA of 219.42, and above the 200-day MA of 224.81, indicating a bullish trend. The MACD of 5.79 indicates Positive momentum. The RSI at 65.78 is Neutral, neither overbought nor oversold. The STOCH value of 38.45 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	72 Outperform	kr6.42B	15.54	7.70%	―	1.88%	―
DIOS	68 Neutral	kr9.95B	16.74	5.05%	3.18%	0.95%	―
PLAZ.B	68 Neutral	kr9.71B	31.41	2.36%	2.63%	13.54%	―
Sector *	63 Neutral	$6.96B	19.11	-1.16%	6.97%	4.71%	-24.99%
CORE.A	54 Neutral	kr8.81B	―	-4.46%	1.38%	-9.00%	87.77%
CORE.D	52 Neutral	kr8.81B	―		8.35%	-9.00%	―
SBB.B	51 Neutral	€8.75B	―	-23.76%	21.13%	-30.32%	79.30%