Covivio Logo

Covivio

COV.PA

(2.0)
Stock Price

52,55 EUR

-2.91% ROA

-9.16% ROE

-7.63x PER

Market Cap.

6.053.840.853,00 EUR

141.97% DER

6.04% Yield

-61.25% NPM

Covivio Stock Analysis

Covivio Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Covivio Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.44x), the stock offers substantial upside potential at a bargain price.

2 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

3 ROE

The stock's ROE falls within an average range (12.32%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (4.17%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

6 Buffet Intrinsic Value

The company's stock seems undervalued (54) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (119%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Covivio Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Covivio Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Covivio Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Covivio Revenue
Year Revenue Growth
2004 186.233.000
2005 345.835.000 46.15%
2006 551.873.000 37.33%
2007 901.232.000 38.76%
2008 1.094.339.000 17.65%
2009 991.085.000 -10.42%
2010 751.050.000 -31.96%
2011 751.460.000 0.05%
2012 762.061.000 1.39%
2013 831.963.000 8.4%
2014 990.876.000 16.04%
2015 1.011.708.000 2.06%
2016 968.309.000 -4.48%
2017 997.843.000 2.96%
2018 1.260.861.000 20.86%
2019 1.275.211.000 1.13%
2020 1.033.920.000 -23.34%
2021 1.060.473.000 2.5%
2022 1.204.660.000 11.97%
2023 963.300.000 -25.06%
2024 2.181.560.000 55.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Covivio Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 861.000 100%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 264.000 100%
2013 520.000 49.23%
2014 226.000 -130.09%
2015 1.077.000 79.02%
2016 1.038.000 -3.76%
2017 4.102.000 74.7%
2018 585.000 -601.2%
2019 1.819.000 67.84%
2020 0 0%
2021 1 100%
2022 1 0%
2023 -2 200%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Covivio General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 2.879.000 100%
2006 4.107.000 29.9%
2007 24.492.000 83.23%
2008 25.191.000 2.77%
2009 0 0%
2010 0 0%
2011 0 0%
2012 68.423.000 100%
2013 82.714.000 17.28%
2014 102.979.000 19.68%
2015 99.385.000 -3.62%
2016 103.478.000 3.96%
2017 110.929.000 6.72%
2018 119.591.000 7.24%
2019 127.409.000 6.14%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Covivio EBITDA
Year EBITDA Growth
2004 239.422.000
2005 773.210.000 69.04%
2006 1.084.836.000 28.73%
2007 1.812.002.000 40.13%
2008 392.445.000 -361.72%
2009 195.991.000 -100.24%
2010 1.295.875.000 84.88%
2011 977.093.000 -32.63%
2012 666.114.000 -46.69%
2013 732.931.000 9.12%
2014 744.436.000 1.55%
2015 732.218.000 -1.67%
2016 747.598.000 2.06%
2017 790.954.000 5.48%
2018 877.396.000 9.85%
2019 881.663.000 0.48%
2020 704.040.000 -25.23%
2021 740.977.000 4.98%
2022 828.914.000 10.61%
2023 868.900.000 4.6%
2024 1.832.984.000 52.6%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Covivio Gross Profit
Year Gross Profit Growth
2004 170.390.000
2005 335.596.000 49.23%
2006 548.761.000 38.84%
2007 766.127.000 28.37%
2008 935.966.000 18.15%
2009 888.456.000 -5.35%
2010 693.070.000 -28.19%
2011 697.037.000 0.57%
2012 717.721.000 2.88%
2013 773.642.000 7.23%
2014 798.980.000 3.17%
2015 791.181.000 -0.99%
2016 760.846.000 -3.99%
2017 797.355.000 4.58%
2018 874.319.000 8.8%
2019 962.063.000 9.12%
2020 780.717.000 -23.23%
2021 798.842.001 2.27%
2022 896.819.000 10.92%
2023 770.300.000 -16.42%
2024 1.774.356.000 56.59%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Covivio Net Profit
Year Net Profit Growth
2004 192.492.000
2005 354.550.000 45.71%
2006 576.164.000 38.46%
2007 1.232.508.000 53.25%
2008 -832.097.000 248.12%
2009 -464.482.000 -79.15%
2010 871.436.000 153.3%
2011 468.867.000 -85.86%
2012 -26.516.000 1868.24%
2013 340.126.000 107.8%
2014 94.515.000 -259.86%
2015 481.472.000 80.37%
2016 782.774.000 38.49%
2017 914.112.000 14.37%
2018 749.574.000 -21.95%
2019 746.987.000 -0.35%
2020 359.767.000 -107.63%
2021 923.596.000 61.05%
2022 620.694.000 -48.8%
2023 -1.418.800.000 143.75%
2024 -33.456.000 -4140.79%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Covivio Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 7
2005 20 70%
2006 20 -5.26%
2007 22 9.52%
2008 -20 210.53%
2009 -10 -90%
2010 12 190.91%
2011 6 -83.33%
2012 0 0%
2013 6 100%
2014 1 -400%
2015 8 85.71%
2016 12 36.36%
2017 12 8.33%
2018 9 -33.33%
2019 9 -12.5%
2020 4 -166.67%
2021 10 66.67%
2022 7 -50%
2023 -15 142.86%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Covivio Free Cashflow
Year Free Cashflow Growth
2004 -39.799.000
2005 -34.297.000 -16.04%
2006 -177.497.000 80.68%
2007 -2.034.757.000 91.28%
2008 222.205.000 1015.71%
2009 696.444.000 68.09%
2010 270.590.000 -157.38%
2011 174.334.000 -55.21%
2012 -248.350.000 170.2%
2013 246.946.000 200.57%
2014 203.148.000 -21.56%
2015 237.087.000 14.31%
2016 -348.567.000 168.02%
2017 -376.000.000 7.3%
2018 -107.029.000 -251.31%
2019 -101.931.000 -5%
2020 -285.144.000 64.25%
2021 -157.862.000 -80.63%
2022 -7.083.000 -2128.74%
2023 388.464.000 101.82%
2024 246.830.000 -57.38%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Covivio Operating Cashflow
Year Operating Cashflow Growth
2004 156.484.000
2005 304.201.000 48.56%
2006 397.063.000 23.39%
2007 577.913.000 31.29%
2008 904.051.000 36.08%
2009 696.444.000 -29.81%
2010 602.643.000 -15.56%
2011 672.182.000 10.35%
2012 619.685.000 -8.47%
2013 632.447.000 2.02%
2014 755.103.000 16.24%
2015 706.830.000 -6.83%
2016 496.611.000 -42.33%
2017 738.261.000 32.73%
2018 884.310.000 16.52%
2019 572.313.000 -54.52%
2020 346.183.000 -65.32%
2021 539.649.000 35.85%
2022 560.751.000 3.76%
2023 872.956.000 35.76%
2024 474.967.000 -83.79%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Covivio Capital Expenditure
Year Capital Expenditure Growth
2004 196.283.000
2005 338.498.000 42.01%
2006 574.560.000 41.09%
2007 2.612.670.000 78.01%
2008 681.846.000 -283.18%
2009 0 0%
2010 332.053.000 100%
2011 497.848.000 33.3%
2012 868.035.000 42.65%
2013 385.501.000 -125.17%
2014 551.955.000 30.16%
2015 469.743.000 -17.5%
2016 845.178.000 44.42%
2017 1.114.261.000 24.15%
2018 991.339.000 -12.4%
2019 674.244.000 -47.03%
2020 631.327.000 -6.8%
2021 697.511.000 9.49%
2022 567.834.000 -22.84%
2023 484.492.000 -17.2%
2024 228.137.000 -112.37%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Covivio Equity
Year Equity Growth
2004 720.878.000
2005 2.321.233.000 68.94%
2006 4.058.662.000 42.81%
2007 7.162.568.000 43.34%
2008 5.796.877.000 -23.56%
2009 4.807.447.000 -20.58%
2010 6.027.685.000 20.24%
2011 6.039.981.000 0.2%
2012 6.061.646.000 0.36%
2013 7.215.171.000 15.99%
2014 7.299.685.000 1.16%
2015 7.728.207.000 5.54%
2016 8.467.976.000 8.74%
2017 10.167.659.000 16.72%
2018 11.358.415.000 10.48%
2019 12.358.343.000 8.09%
2020 12.568.157.999 1.67%
2021 13.622.638.000 7.74%
2022 14.091.509.000 3.33%
2023 12.961.496.000 -8.72%
2023 11.963.000.000 -8.35%
2024 11.869.272.000 -0.79%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Covivio Assets
Year Assets Growth
2004 1.729.350.000
2005 5.661.150.000 69.45%
2006 10.682.589.000 47.01%
2007 18.973.573.000 43.7%
2008 17.446.752.000 -8.75%
2009 13.952.606.000 -25.04%
2010 14.701.261.000 5.09%
2011 14.641.934.000 -0.41%
2012 14.116.756.000 -3.72%
2013 17.180.702.000 17.83%
2014 17.565.660.000 2.19%
2015 18.812.868.000 6.63%
2016 19.500.429.000 3.53%
2017 21.732.988.000 10.27%
2018 24.384.202.000 10.87%
2019 25.795.559.000 5.47%
2020 27.455.043.000 6.04%
2021 28.303.825.000 3%
2022 27.731.852.000 -2.06%
2023 26.498.445.000 -4.65%
2023 19.116.000.000 -38.62%
2024 25.459.937.000 24.92%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Covivio Liabilities
Year Liabilities Growth
2004 1.008.472.000
2005 3.339.917.000 69.81%
2006 6.623.927.000 49.58%
2007 11.811.005.000 43.92%
2008 11.649.875.000 -1.38%
2009 9.145.159.000 -27.39%
2010 8.673.576.000 -5.44%
2011 8.601.953.000 -0.83%
2012 8.055.110.000 -6.79%
2013 9.965.531.000 19.17%
2014 10.265.975.000 2.93%
2015 11.084.661.000 7.39%
2016 11.032.453.000 -0.47%
2017 11.565.329.000 4.61%
2018 13.025.787.000 11.21%
2019 13.437.216.000 3.06%
2020 14.886.885.000 9.74%
2021 14.681.187.000 -1.4%
2022 13.640.343.000 -7.63%
2023 13.536.949.000 -0.76%
2023 9.673.000.000 -39.95%
2024 13.590.665.000 28.83%

Covivio Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.69
Net Income per Share
-7.16
Price to Earning Ratio
-7.63x
Price To Sales Ratio
5.03x
POCF Ratio
5.53
PFCF Ratio
12.11
Price to Book Ratio
0.69
EV to Sales
13.52
EV Over EBITDA
22.63
EV to Operating CashFlow
16.01
EV to FreeCashFlow
32.56
Earnings Yield
-0.13
FreeCashFlow Yield
0.08
Market Cap
6,05 Bil.
Enterprise Value
16,28 Bil.
Graham Number
112.89
Graham NetNet
-114.28

Income Statement Metrics

Net Income per Share
-7.16
Income Quality
-1.38
ROE
-0.09
Return On Assets
-0.03
Return On Capital Employed
0.03
Net Income per EBT
0.74
EBT Per Ebit
-1.57
Ebit per Revenue
0.53
Effective Tax Rate
0.08

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.75
Operating Profit Margin
0.53
Pretax Profit Margin
-0.83
Net Profit Margin
-0.61

Dividends

Dividend Yield
0.06
Dividend Yield %
6.04
Payout Ratio
-0.1
Dividend Per Share
3.3

Operating Metrics

Operating Cashflow per Share
9.88
Free CashFlow per Share
4.86
Capex to Operating CashFlow
0.51
Capex to Revenue
0.43
Capex to Depreciation
6.48
Return on Invested Capital
0.03
Return on Tangible Assets
-0.03
Days Sales Outstanding
138.81
Days Payables Outstanding
323.97
Days of Inventory on Hand
354.89
Receivables Turnover
2.63
Payables Turnover
1.13
Inventory Turnover
1.03
Capex per Share
5.02

Balance Sheet

Cash per Share
12,97
Book Value per Share
115,28
Tangible Book Value per Share
113.96
Shareholders Equity per Share
79.09
Interest Debt per Share
113.89
Debt to Equity
1.42
Debt to Assets
0.45
Net Debt to EBITDA
14.21
Current Ratio
1.32
Tangible Asset Value
11,73 Bil.
Net Current Asset Value
-10,64 Bil.
Invested Capital
22194561000
Working Capital
0,71 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,52 Bil.
Average Payables
0,23 Bil.
Average Inventory
239906500
Debt to Market Cap
1.91

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Covivio Dividends
Year Dividends Growth
2000 5
2001 5 0%
2002 5 20%
2003 6 0%
2004 2 -150%
2005 3 0%
2006 6 66.67%
2007 7 14.29%
2008 5 -40%
2009 5 0%
2010 3 -66.67%
2011 2 -50%
2012 4 50%
2013 4 0%
2014 1 -300%
2015 1 0%
2016 1 0%
2017 3 66.67%
2018 5 25%
2019 5 0%
2020 5 0%
2021 4 -33.33%
2022 4 0%
2023 4 0%
2024 3 0%

Covivio Profile

About Covivio

A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €25 Billion in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance.

CEO
Mr. Christopher Kullmann
Employee
960
Address
30, Avenue Kléber
Paris, 75016

Covivio Executives & BODs

Covivio Executives & BODs
# Name Age
1 Mr. Tugdual Millet-Taunay
Chief Executive Officer of Hotels - Europe
70
2 Ms. Géraldine Lemoine
Vice President & Chief Communication Officer
70
3 Ms. Elsa Canetti
Human Resources Director
70
4 Mr. Yves Marque
Chief Operating Officer, Chief Corporate Officer & Secretary of the Board
70
5 Mr. Christopher Kullmann
Chief Executive Officer & Director
70
6 Mr. Olivier Francois Joseph Estève
Deputy Chief Executive Officer
70
7 Mr. Paul Arkwright
Chief Financial Officer, Director of Financial planning, Control & Communication and Executive Officer of IR
70
8 Mr. Didier Guion
Technical Director
70
9 Ms. Marjolaine Cecile R. Alquier de l'Épine
Director of Risk, Compliance, Internal Audit & Control Department
70
10 Ms. Joséphine Lelong-Chaussier
Legal Officer
70

Covivio Competitors

Gecina Logo
Gecina

GFC.PA

(2.0)
Icade Logo
Icade

ICAD.PA

(2.2)
Klépierre Logo
Klépierre

LI.PA

(2.0)
Mercialys Logo
Mercialys

MERY.PA

(2.0)
Altarea SCA Logo
Altarea SCA

ALTA.PA

(2.5)