YOLFTbeta
Globalworth REIT

Globalworth REIT

GWI · LSE · Real Estate / Real Estate Services

1.82EUR+0.01 (+0.28%)

Price History

Full chart

Market Stats

Previous Close1.82
Open1.80
Day Range1.80 – 1.83
52-Week Range1.51 – 2.15
Volume1.86K
Market Cap453.87M
P/E (TTM)0.22
Forward P/E12.18
EPS0.07
Dividend Yield7.92%
Beta0.20
50-Day Avg1.77
200-Day Avg1.82

About

Globalworth Real Estate Investments Limited is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high-quality tenants from around the globe. Managed by over 250 professionals across Cyprus, Guernsey, Poland and Romania the combined value of its portfolio is 2.6 billion euros, as at 30 June 2026. Approximately 98.3% of the portfolio is in income-producing assets, predominately in the office sector, being leased to a diversified array of over 650 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania its assets span Bucharest, Constanta and Craiova. Globalworth Real Estate Investments Limited was incorporated in Guernsey.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOMr. Piotr Olendski
  • Employees250
  • HeadquartersFourth Floor, Saint Peter Port, Guernsey, GY1 3UQ, UK
  • Websitehttps://www.globalworth.com

Leadership

  • Mr. Piotr OlendskiJoint CEO & Executive Director
  • Mr. Roy VishnovizkiJoint Chief Executive Officer
  • Mr. Rashid MukhtarGroup Chief Financial Officer
  • Mr. Adrian DanoiuChief Operating Officer
  • Ms. Catalin TirziuGroup Head of Legal
  • G. OltenescuGroup Head of Marketing & Communications
  • G. UdroiuGroup Head of Property Compliance
  • Ema IftimieGroup Head of Leasing
  • Mr. Marian V. PopaManaging Director for Romania
  • Mr. Mihai ZahariaGroup Head of Capital Markets & Head of Investments - Romania

Financials

Income Statement

Currency: EUR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue8.85M120.60M90.30M46.73M76.16M201.73M299.27M223.80M220.40M239.78M241.37M-35.43M236.93M
Growth (%)-+1263.09%-25.13%-48.25%+62.97%+164.88%+48.35%-25.22%-1.52%+8.79%+0.67%-114.68%+768.75%
Cost of Revenue-9.27M-4.25M-9.13M-18.67M59.76M74.94M66.50M75.63M100.24M94.06M95.49M101.53M
Gross Profit8.85M120.60M94.54M55.86M94.83M141.98M224.33M157.31M144.77M139.53M148.43M-35.43M135.40M
Gross Margin100.00%100.00%104.70%119.53%124.52%70.38%74.96%70.29%65.68%58.19%61.49%100.00%57.15%
Operating Expense5.13M17.39M14.87M20.58M48.21M13.01M22.62M18.92M27.53M-88.84M18.95M-157.13M20.62M
Operating Income3.71M103.21M79.67M35.28M46.63M128.96M201.71M138.39M117.23M228.38M129.48M121.70M114.78M
Operating Margin41.99%85.58%88.24%75.50%61.22%63.93%67.40%61.83%53.19%95.25%53.64%-343.52%48.44%
EBITDA3.15M103.34M79.85M37.84M46.77M74.65M123.23M138.85M117.77M126.33M130.07M-3.10M109.70M
EBITDA Margin35.60%85.69%88.43%80.96%61.42%37.00%41.18%62.04%53.43%52.69%53.89%8.75%46.30%
Net Income13.84M91.12M51.42M11.31M24.43M80.26M170.18M-46.80M47.49M-16.96M-54.15M-81.62M9.60M
Net Income Margin156.49%75.56%56.95%24.21%32.07%39.79%56.86%-20.91%21.55%-7.07%-22.44%230.37%4.05%
R&D------0.90.140.260.060.26--
R&D as % of Total Revenue------0.00%0.00%0.00%0.00%0.00%--
Interest Expense-6.98M21.41M32.22M19.79M33.27M38.36M42.23M45.95M43.52M49.17M63.19M71.05M
Interest Expense % of Total Revenue-5.79%23.71%68.95%25.99%16.49%12.82%18.87%20.85%18.15%20.37%-178.37%29.99%

Balance Sheet

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets295.36M165.55M668.70M1.02B1.23B2.16B2.74B3.48B3.63B3.63B3.37B3.45B3.05B3.12B
Total Liabilities106.69M45.27M275.95M520.46M516.41M1.02B1.44B1.57B1.87B1.89B1.71B1.84B1.53B1.60B
Total Equity188.69M119.69M392.74M499.68M715.39M1.07B1.08B1.91B1.76B1.74B1.66B1.60B1.52B1.51B
Cash13.76M9.51M21.96M37.04M221.34M273.27M227.28M291.69M527.80M418.75M163.77M396.26M312.66M410.59M
Total Debt81.27M20.46M205.04M404.33M417.81M873.04M1.26B1.36B1.64B1.65B1.48B1.63B1.34B1.42B
Net Debt67.50M10.96M183.09M367.30M192.90M597.13M1.03B1.06B1.13B1.24B1.31B1.23B-312.66M1.01B

Cash Flow

Currency: EUR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.36K-32.33M3.02M19.91M10.07M80.08M80.33M105.16M65.26M63.08M87.27M59.31M75.36M
Investing Cash Flow-39.62M-92.98M-184.30M-39.50M-387.98M-426.91M-374.96M-46.03M-101.36M-73.80M-11.04M102.81M-29.52M
Financing Cash Flow49.98M137.75M190.36M206.92M430.56M303.09M359.16M177.10M-72.81M-243.92M153.77M-225.17M32.05M
Capital Expenditure00162.00K3.33M10.39M15.50M925.00K24.00M468.00K1.73M435.00K00
Free Cash Flow4.36K-32.33M3.02M16.59M-321.00K64.58M79.40M129.16M65.26M61.34M86.83M59.31M75.36M
Dividends Paid-19.93M19.93M19.93M19.93M68.37M104.53M108.32M66.29M59.77M1.08M817.00K14.96M
FCF to OCF100.00%100.00%100.00%83.29%-3.19%80.64%98.85%122.82%100.00%97.25%99.50%100.00%100.00%
Dividend Paid to FCF--61.66%660.47%120.19%-6209.66%105.87%131.65%83.87%101.57%97.44%1.24%1.38%19.85%

Earnings

Report DateJun 3, 2016Aug 4, 2016Apr 4, 2017Sep 20, 2017Mar 8, 2018Sep 19, 2018Mar 11, 2019Aug 30, 2019Mar 6, 2020Aug 31, 2020Mar 22, 2021Sep 14, 2021Mar 4, 2022Sep 20, 2022Mar 3, 2023Mar 25, 2025Sep 23, 2025Feb 27, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.000.00-0.000.000.00-0.000.000.00
EPS Actual0.240.070.06-0.070.320.540.180.530.54-0.270.010.060.160.15-0.22-0.070.030.00
Surprise------------------
Timing-------------Pre-marketPre-market---

Key Statistics & Ratios

Market Cap453.87M
Enterprise Value1.44B
Trailing P/E0.22
Forward P/E12.18
PEG Ratio0.00
Price / Sales1.89
Price / Book0.31
EPS0.07
Book Value5.32
Revenue (TTM)240.66M
Gross Profit (TTM)136.92M
EBITDA117.93M
Profit Margin9.03%
Operating Margin48.35%
Return on Equity1.42%
Return on Assets2.41%
Shares Outstanding299.58M
Shares Float37.45M
Beta0.20
Dividend Yield7.92%
Dividend Rate0.12
Payout Ratio142.86%

Dividends

20262×
0.07Sep 3, 20260.05Mar 12, 2026
20252×
0.05Sep 4, 20250.09Mar 20, 2025
20242×
0.10Sep 12, 20240.11Mar 21, 2024
20232×
0.14Sep 7, 20230.15Mar 16, 2023
20222×
0.14Sep 8, 20220.13Mar 17, 2022
20212×
0.15Sep 9, 20210.15Mar 4, 2021
20202×
0.19Sep 10, 20200.30Jan 23, 2020
20192×
0.30Aug 1, 20190.27Jan 24, 2019
20182×
0.27Jul 19, 20180.22Jan 11, 2018
20171×
0.22Jun 29, 2017