4.11.2024 - 14:01

Bingo53

+3520
Liittynyt:
17.8.2020
Viestejä:
2309

Nordea aloittaa Cibuksen seurannan, antaa suosituksen 'osta' ja asettaa hintasuositukseksi 200 kruunua.

Lähde: Finwire

Nordean omasta raportista 4.11.2024:

Estimate and valuation changes

We initiate coverage on Cibus with a Buy recommendation and a multiples- and relative value-based target price of SEK 200, corresponding to 2025E P/NRV of 1.23x, adjusted P/E of ~18x and NOI/EV of 5.7%. Our target price of SEK 200 corresponds to a sustainable dividend yield of 5.2%.

Kuva
Cibus_kurssi_ostot_5v_2024_11
5.11.2024 - 17:16

Bingo53

+3520
Liittynyt:
17.8.2020
Viestejä:
2309

Cibuksen kolmannen kvartaalin raportti

July - September 2024 (compared with July - September 2023)
— Rental income amounted to EUR 30,407 thousand (29,765). 
— Net operating income totalled EUR 29,219 thousand (30,953, excluding non-recurring income items 28,253)
— Profit from property management was EUR 13,191 thousand (16,810, excluding non-recurring  income items 14,110). Profit from property management, excluding non-recurring items and exchange rate effects, amounted to EUR 14,193 thousand.
— Earnings after tax amounted to EUR -5,569 thousand (8,032), corresponding to EUR -0.11 (0.13) per share. 
— Unrealised changes in value affected by EUR -6,339 thousand (-5,481) on properties and by EUR  -12,979 thousand (-1,065) on interest rate derivatives.

January – September 2024 (compared with January – September 2023)
— Rental income amounted to EUR 91,373 thousand (89,065). 
— Net operating income totalled EUR 87,790 thousand (86,603).
— Profit from property management was EUR 35,744 thousand (40,144). Profit from property management, excluding non-recurring items and exchange rate effects, amounted to EUR 39,858 thousand.
— Earnings after tax amounted to EUR -7,332 thousand (13,989), corresponding to EUR -0.16 (0.23) per share. 
— Unrealised changes in value affected by EUR -37,016 thousand (-22,216) on properties and by EUR  -9,359 thousand (-1,065) on interest rate derivatives.
— EPRA NRV amounted to EUR 749,001 thousand (743,893) corresponding to EUR 11.9 (13.0) per share

Kuva
Cibus_24Q3_key_figures

Linkki: https://cdn.bequoted.com/media/1/4b780f48-2d65-44e0-81ed-1c3986460e0f/Cibus_Nordic_Pressrelease_2024-11-05_Eng.pdf

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5.11.2024 - 23:24

von Fyrckendahl

+949
Liittynyt:
2.11.2018
Viestejä:
1172

Nordea:

target price of SEK 200, corresponding to 2025E P/NRV of 1.23x

Cibus:

EPRA NRV amounted to EUR 749,001 thousand (743,893) corresponding to EUR 11.9 (13.0) per share

Näillä luvuilla ollaankin jo tänään Nordean targetissa. P/NRV on 1,23 kurssilla SEK 171.

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