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

• Market Cap: €6.96B
• Dividend Yield: 8.25%
• Average Volume (3M): 7.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: -6.30%
• EPS Growth: 52.27%
• Country: SE
• Employees: 280
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.32
• Shares Outstanding: 7,545,809
• 10 Day Avg. Volume: 4,722
• 30 Day Avg. Volume: 7,907
• PEG Ratio: 0.08
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 2.04
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: kr242.00 ▼(-0.62% Downside)

The overall stock score of 51 reflects significant financial challenges, including declining revenues and negative profitability, despite some operational efficiency and positive cash flow generation. Technical indicators suggest a neutral trend, while valuation concerns are highlighted by a negative P/E ratio, offset slightly by a high dividend yield. The absence of earnings call data and corporate events limits further insights.

Positive Factors

Operational Efficiency

Strong EBIT and EBITDA margins indicate effective cost management and operational efficiency, which can support profitability improvements over time.

Cash Flow Generation

Positive free cash flow growth suggests good liquidity and the ability to reinvest in the business or reduce debt, enhancing long-term financial stability.

Sustainability Focus

A focus on sustainability and tenant satisfaction can lead to high occupancy rates and long-term lease agreements, ensuring steady revenue streams.

Negative Factors

High Leverage

High leverage increases financial risk, especially in volatile markets, and can limit the company's ability to invest in growth opportunities.

Negative Profitability

Negative net profit margins highlight profitability challenges, which can impact the company's ability to generate returns for shareholders.

Declining Revenues

Declining revenues indicate potential market challenges or competitive pressures, which could affect long-term growth and market position.

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 leasing its commercial properties to a diverse range of tenants, including retail chains, office users, and logistics companies. The company earns rental income from long-term leases, which provides a steady cash flow. Additionally, Corem may realize revenue through property sales when market conditions are favorable, allowing them to capitalize on property appreciation. The company also engages in property development projects, which can provide significant returns upon completion and leasing. Strategic partnerships with local municipalities and other real estate entities enhance Corem's market position and can lead to collaborative projects, further contributing to revenue generation.

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	8.81B	3.69B	4.24B	4.49B	2.91B	894.00M
Gross Profit	5.67B	2.36B	2.88B	2.93B	1.87B	668.00M
EBITDA	4.74B	118.00M	2.73B	1.20B	5.29B	1.47B
Net Income	-4.48B	-1.06B	-7.97B	3.03B	4.58B	-108.00M
Balance Sheet
Total Assets	56.51B	61.78B	64.85B	90.86B	92.24B	18.67B
Cash, Cash Equivalents and Short-Term Investments	314.00M	586.00M	429.00M	2.08B	571.00M	15.00M
Total Debt	30.66B	32.97B	34.71B	49.54B	47.83B	9.85B
Total Liabilities	37.66B	40.27B	42.83B	59.55B	58.30B	11.40B
Stockholders Equity	18.85B	21.51B	22.00B	31.27B	33.34B	7.28B
Cash Flow
Free Cash Flow	1.32B	920.00M	718.00M	2.19B	927.00M	367.00M
Operating Cash Flow	2.56B	920.00M	718.00M	2.23B	1.19B	370.00M
Investing Cash Flow	3.70B	1.67B	13.83B	-1.29B	-954.00M	-2.02B
Financing Cash Flow	-7.21B	-2.44B	-15.10B	-583.00M	356.00M	1.65B

Corem Property Group AB Class D Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 243.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 243.5 is above the 20-day moving average (MA) of 239.33, above the 50-day MA of 240.11, and above the 200-day MA of 226.74, indicating a bullish trend. The MACD of 0.61 indicates Negative momentum. The RSI at 56.72 is Neutral, neither overbought nor oversold. The STOCH value of 86.32 is Negative, 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
PLAZ.B	75 Outperform	$9.00B	12.76	5.26%	2.95%	8.42%	―
SFAST	70 Neutral	€3.94B	16.81	6.08%	1.83%	-2.06%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CORE.D	51 Neutral	€6.96B	-162.09	―	8.25%	-6.30%	52.27%
CORE.A	46 Neutral	€7.35B	―	-8.81%	2.38%	-6.30%	52.27%
SBB.B	44 Neutral	kr6.96B	55.79	1.23%	―	-11.38%	―