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Gecina SA

Real Estate US GECFF

105.0USD
-(-%)

Last update at 2024-05-01T13:30:00Z

Day Range

105.00105.00
LowHigh

52 Week Range

96.92121.38
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 170.82M 852.46M 144.77M 1521.03M 1012.66M
Minority interest 2.15M -1.32300M 26.58M 27.35M 29.43M
Net income 169.58M 849.29M 154.83M 1515.29M 1004.99M
Selling general administrative 23.53M 24.54M 35.99M 92.97M 26.94M
Selling and marketing expenses - - - - -
Gross profit 583.56M 572.21M 609.74M 706.42M 704.93M
Reconciled depreciation 4.97M 11.79M 84.58M 16.53M 18.88M
Ebit 476.26M 470.38M 493.58M 531.39M 510.97M
Ebitda 276.47M 953.19M 324.03M 1639.55M 1130.77M
Depreciation and amortization - - - - -
Non operating income net other - - - - 0.00000M
Operating income 482.43M 465.88M 489.52M 527.50M 572.07M
Other operating expenses 66.57M 67.21M 7.10M -0.38800M 88.34M
Interest expense 95.78M 88.93M 94.68M 101.99M 99.24M
Tax provision 3.38M 1.85M -9.57100M 4.14M 5.69M
Interest income 12.13M 6.70M 3.55M 0.00000M 5.12M
Net interest income -87.13900M -82.25700M -91.04300M -101.94000M -93.79800M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 3.38M 1.85M -9.57100M 4.14M 5.69M
Total revenue 765.14M 755.30M 817.83M 688.20M 911.27M
Total operating expenses 282.71M 289.43M 328.31M 160.70M 339.20M
Cost of revenue 181.58M 183.09M 208.09M -18.22300M 206.34M
Total other income expense net - - - 993.53M 501.69M
Discontinued operations - - - - 0.00000M
Net income from continuing ops 167.44M 850.62M 154.34M 1516.89M 1006.97M
Net income applicable to common shares 169.58M 849.29M 155.07M 1515.29M 1004.99M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 20677.86M 20439.03M 20249.62M 20454.81M 19708.97M
Intangible assets 13.53M 10.61M 9.00M 7.02M 6.63M
Earning assets - - - - -
Other current assets 63.25M 72.84M 67.51M 85.51M 114.88M
Total liab 7896.94M 7455.83M 7748.72M 7728.23M 7957.72M
Total stockholder equity 12757.24M 12956.33M 12474.33M 12699.22M 11721.81M
Deferred long term liab - - - - 0.00000M
Other current liab 288.94M 285.60M 248.92M 260.14M 308.93M
Common stock 574.67M 574.30M 573.95M 573.08M 572.00M
Capital stock 574.67M 574.30M 573.95M 573.08M 572.00M
Retained earnings 169.58M 849.29M 155.07M 1515.29M 1004.99M
Other liab 91.18M 100.31M 100.18M 37.33M 38.88M
Good will 183.22M 184.66M 191.08M 196.13M 207.69M
Other assets 331.33M 124.75M 132.53M 147.80M 187.00M
Cash 50.57M 15.10M 174.12M 37.85M 31.69M
Cash and equivalents - - - - -
Total current liabilities 2305.22M 2131.10M 1970.53M 2240.53M 2532.35M
Current deferred revenue - - - - -
Net debt 7176.72M 6897.91M 7050.20M 7245.64M 7454.89M
Short term debt - - - 221.91M 0.00000M
Short long term debt 1929.04M 1743.83M 1612.88M 221.91M 2103.92M
Short long term debt total - - - - -
Other stockholder equity 8709.10M 8232.73M 8452.50M 7328.96M 6871.52M
Property plant equipment 19574.88M 19617.80M 19094.34M 18818.06M 18195.12M
Total current assets 410.56M 399.22M 745.09M 1210.07M 1039.47M
Long term investments - - - 75.53M 73.05M
Net tangible assets 12560.49M 12761.05M 12276.91M 12496.07M 11507.49M
Short term investments - - - - 0.00000M
Net receivables 89.23M 101.47M 131.40M 122.27M 193.96M
Long term debt 5298.24M 5169.18M 5611.43M 5399.90M 5382.66M
Inventory 207.52M 209.80M 372.05M 964.43M 698.95M
Accounts payable 49.19M 57.06M 61.46M 47.60M 49.60M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 0.00100M 0.00100M 0.00100M 0.00100M 0.14M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 20267.29M 20039.81M 19504.54M 19244.74M 18669.49M
Capital lease obligations 50.07M 50.57M 50.72M 50.48M 0.00000M
Long term debt total - - - - 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -58.28900M -24.09500M -1.43500M -3.73300M -3.73300M
Change to liabilities -9.01900M -3.51300M 9.41M 6.99M 13.20M
Total cashflows from investing activities -265.08600M 193.90M 179.74M 283.17M 795.61M
Net borrowings 320.73M -304.05300M -55.71500M -202.78700M -1066.10000M
Total cash from financing activities -183.25100M -834.60500M -548.13200M -897.35300M -1467.64100M
Change to operating activities -2.62200M 3.07M -0.83700M 2.29M 20.70M
Net income 169.58M 849.29M 155.07M 1515.29M 1004.99M
Change in cash 35.47M -159.02000M 136.28M 6.16M -90.34100M
Begin period cash flow 15.10M 174.12M 37.85M 31.69M 122.03M
End period cash flow 50.57M 15.10M 174.12M 37.85M 31.69M
Total cash from operating activities 483.81M 481.68M 504.67M 620.35M 581.69M
Issuance of capital stock 4.28M 4.93M 6.71M 9.34M 6.43M
Depreciation 9.88M 11.11M 9.66M 13.40M 13.58M
Other cashflows from investing activities 30.76M 72.30M -8.71500M -84.45600M -127.64600M
Dividends paid -390.94900M -390.30800M -389.35200M -405.71600M 280.23M
Change to inventory - - - - 0.00000M
Change to account receivables -17.96400M 20.42M 4.33M 90.83M -79.14600M
Sale purchase of stock -0.01300M - 0.00000M -107.79800M 0.00000M
Other cashflows from financing activities -117.29700M -145.17400M -109.78000M -190.39600M -127.74100M
Change to netincome 341.17M -396.21400M 323.52M -989.47600M -415.86400M
Capital expenditures 4.48M 360.66M 277.75M 550.92M 405.91M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital -36.81800M 17.50M 16.42M 81.14M -21.00800M
Stock based compensation 4.87M 4.09M 4.20M 2.77M -
Other non cash items 95.37M 106.03M 77.00M 91.88M 105.75M
Free cash flow 114.99M 121.03M 226.92M 69.43M 175.78M

Fundamentals

  • Previous Close 105.00
  • Market Cap8967.63M
  • Volume0
  • P/E Ratio-
  • Dividend Yield4.75%
  • EBITDA498.57M
  • Revenue TTM779.40M
  • Revenue Per Share TTM10.56
  • Gross Profit TTM 632.43M
  • Diluted EPS TTM-14.77

Peer Comparison

Sector: Real Estate Industry: REIT - Office

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
GECFF
Gecina SA
- -% 105.00 - 18.42 11.51 0.70 19.50 -18.1681
ARE
Alexandria Real Estate Equities Inc
1.38 1.18% 118.17 93.58 16.69 7.85 1.18 11.89 21.29
BXP
Boston Properties Inc
0.82 1.38% 60.07 57.62 29.59 3.74 1.92 7.97 15.55
VNO
Vornado Realty Trust
0.60 2.35% 26.18 - 1250.00 4.65 1.23 8.18 33.48
DEXSF
DEXUS
-0.271 5.75% 4.44 - 11.92 6.58 0.64 10.97 -15.7705

Reports Covered

Stock Research & News

Profile

As a specialist for centrality and uses, Gecina operates innovative and sustainable living spaces. The Group owns, manages and develops Europe's leading office portfolio, with nearly 97% located in the Paris Region, and a portfolio of residential assets and student residences, with over 9,000 apartments. These portfolios are valued at 18.5 billion euros at end-June 2023. Gecina has firmly established its focus on innovation and its human approach at the heart of its strategy to create value and deliver on its purpose: "Empowering shared human experiences at the heart of our sustainable spaces". For our 100,000 clients, this ambition is supported by our client-centric brand YouFirst. It is also positioned at the heart of UtilesEnsemble, our program setting out our solidarity-based commitments to the environment, to people and to the quality of life in cities. Gecina is a French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20, CAC Large 60 and CAC 40 ESG indices. Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability benchmarks and rankings (GRESB, Sustainalytics, MSCI, ISS-ESG and CDP).

Gecina SA

16 rue des capucines, Paris, France, 75084

Key Executives

Name Title Year Born
Mr. Benat Ortega Chief Exec. Officer 1981
Mr. Nicolas Dutreuil Deputy Chief Exec. Officer in Charge of Fin. NA
Mr. Romain Veber Exec. Director of Investments & Devel.s 1978
Ms. Christine Harne Exec. Director of HR 1967
Mr. Samuel Henry-Diesbach Head of Financial Communications NA
Mr. Eric Saint-Martin Head of Asset Management Projects NA
Ms. Valerie Britay Deputy Chief Exec. Officer of the Office Division 1963
Mr. Frederic Vern Gen. Sec. NA
Ms. Régine Willemyns Director of Financial Communication NA
Viviane Carbognani Liotta Accounts Payable Director NA

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