Covivio SA

Covivio SA

COV · PA · Real Estate / REIT - Diversified

44.58EUR+0.26 (+0.59%)

Price History

Full chart

Market Stats

Previous Close44.32
Open44.48
Day Range44.18 – 44.82
52-Week Range43.06 – 61.11
Volume141.62K
Market Cap4.80B
P/E (TTM)7.38
Forward P/E8.97
EPS5.88
Dividend Yield8.64%
Beta1.12
50-Day Avg49.76
200-Day Avg53.64

About

Covivio is drawing on its history of partnership, its property expertise and its European culture, Covivio is shaping today's user experience and designing the city of tomorrow. As a leading property player operating primarily at European level, Covivio builds close relationships with end users, understands their aspirations, combines working, travelling and living, and collaborates in creating vibrant spaces. As a leading European operator with 24.2 Bn euro in assets under management, Covivio supports businesses, hotel brands and local authorities in addressing their challenges relating to attractiveness, transformation and responsible performance. Building well-being and lasting connections is Covivio's raison d'être, which defines its role as a responsible property operator towards all its stakeholders: clients, shareholders and financial partners, internal teams, local authorities and future generations. Furthermore, its dynamic approach to property opens up exciting project opportunities and career paths for its teams. Covivio was incorporated in 1963 and is incorporated in France.

Company Details

  • SectorReal Estate
  • IndustryREIT - Diversified
  • CEOMr. Christophe Kullmann
  • Employees979
  • Headquarters10, rue de Madrid, Paris, France, 75008, France
  • Websitehttps://covivio.eu/en/

Leadership

  • Mr. Jean-Luc BiamontiChairman of the Board · b. 1953
  • Mr. Christophe KullmannCEO & Director · b. 1965
  • Ms. Alix d'OcagneIndependent Member, Board member & President of the Foundation Board · b. 1970
  • Mr. Olivier Francois Joseph EstèveDeputy Chief Executive Officer · b. 1964
  • Mr. Paul Arkwright C.F.A.CFO, Director of Financial planning, Control & Communication and Executive Officer of IR
  • Ms. Marielle Prioult SeegmullerChief Operating Officer of France · b. 1972
  • Ms. Marjolaine Cecile R. Alquier de l'ÉpineChief Internal Audit & Control, Risk & Compliance Officer · b. 1973
  • Ms. Joséphine Lelong-ChaussierLegal Officer · b. 1983
  • Ms. Céline LéonardiChief Marketing & Customer Experience Officer
  • Ms. Elsa CanettiHR Director & VP of Covivio Foundation

Financials

Income Statement

Currency: EUR2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue186.23M345.83M551.87M901.23M1.09B991.09M751.05M751.46M762.06M831.96M990.88M1.01B968.31M997.84M1.26B1.28B1.03B1.06B1.20B1.02B1.28B1.06B
Growth (%)-+85.70%+59.58%+63.30%+21.43%-9.44%-24.22%+0.05%+1.41%+9.17%+19.10%+2.10%-4.29%+3.05%+26.36%+1.14%-18.92%+2.57%+13.60%-15.36%+25.10%-16.64%
Cost of Revenue15.84M10.24M3.11M135.10M158.37M102.63M57.98M54.42M44.34M58.32M191.90M220.53M207.46M200.49M386.54M313.15M253.20M261.63M307.84M193.00M298.50M135.40M
Gross Profit170.39M335.60M548.76M766.13M935.97M888.46M693.07M697.04M717.72M773.64M798.98M791.18M760.85M797.36M874.32M962.06M780.72M798.84M896.82M826.57M977.00M927.90M
Gross Margin91.49%97.04%99.44%85.01%85.53%89.64%92.28%92.76%94.18%92.99%80.63%78.20%78.57%79.91%69.34%75.44%75.51%75.33%74.45%81.07%76.60%87.27%
Operating Expense-63.62M-363.78M-345.26M-663.39M782.11M94.07M-594.82M-294.58M124.84M54.69M70.15M73.78M21.79M16.31M57.04M145.40M144.00M133.04M126.84M31.27M501.80M142.90M
Operating Income234.01M699.38M894.03M1.43B153.85M794.38M1.29B991.62M592.88M718.95M728.83M717.40M739.05M781.05M817.28M816.66M636.72M665.81M769.98M795.30M475.20M785.00M
Operating Margin125.66%202.23%162.00%158.62%14.06%80.15%171.48%131.96%77.80%86.42%73.55%70.91%76.32%78.27%64.82%64.04%61.58%62.78%63.92%78.00%37.26%73.83%
EBITDA238.28M777.26M1.13B1.81B392.44M181.77M1.30B701.46M666.11M732.93M464.95M732.22M747.60M790.95M877.40M881.66M729.39M740.98M828.91M660.17M1.70B1.45B
EBITDA Margin127.94%224.75%204.49%201.06%35.86%18.34%172.54%93.35%87.41%88.10%46.92%72.37%77.21%79.27%69.59%69.14%70.55%69.87%68.81%64.75%133.14%136.21%
Net Income192.49M354.55M576.16M1.23B-832.10M-464.48M871.44M468.87M-26.52M340.13M94.52M481.47M782.77M914.11M749.57M746.99M359.77M923.60M620.69M-1.42B68.10M738.70M
Net Income Margin103.36%102.52%104.40%136.76%-76.04%-46.87%116.03%62.39%-3.48%40.88%9.54%47.59%80.84%91.61%59.45%58.58%34.80%87.09%51.52%-139.15%5.34%69.47%
R&D--861.00K-----264.00K520.00K226.00K1.08M1.04M4.10M585.00K1.82M0.441.351.031.61--
R&D as % of Total Revenue--0.16%-----0.03%0.06%0.02%0.11%0.11%0.41%0.05%0.14%0.00%0.00%0.00%0.00%--
Interest Expense43.25M104.56M206.76M429.79M1.02B639.08M365.00M218.45M196.79M235.88M236.38M220.63M198.05M201.40M203.11M195.59M164.70M159.74M158.03M286.50M330.30M338.10M
Interest Expense % of Total Revenue23.22%30.24%37.46%47.69%92.77%64.48%48.60%29.07%25.82%28.35%23.86%21.81%20.45%20.18%16.11%15.34%15.93%15.06%13.12%28.10%25.90%31.80%

Balance Sheet

Currency: EUR2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.73B5.66B10.68B18.97B17.45B13.95B14.70B14.64B14.12B17.18B17.57B18.81B19.50B21.73B24.38B25.80B27.46B28.30B27.73B25.03B24.89B25.34B
Total Liabilities1.01B3.34B6.62B11.81B11.65B9.15B8.67B8.60B8.06B9.97B10.27B11.08B11.03B11.57B13.03B13.44B14.89B14.68B13.64B13.06B12.87B12.69B
Total Equity677.98M1.14B2.38B4.26B3.44B3.42B3.86B3.93B3.82B4.29B4.16B4.64B5.30B6.36B7.56B8.30B8.58B9.19B9.44B7.96B8.23B8.61B
Cash44.26M350.18M174.56M300.50M199.46M191.59M414.75M221.89M100.82M381.54M1.03B949.68M1.08B1.30B1.17B1.30B1.25B1.06B461.54M900.62M1.01B1.21B
Total Debt957.75M3.10B6.07B10.53B10.16B7.82B7.71B7.49B6.80B8.50B8.91B9.49B8.38B10.12B11.06B11.16B12.59B12.14B11.27B11.04B10.75B10.94B
Net Debt913.48M2.75B5.90B10.22B9.96B7.63B7.30B7.26B6.70B8.12B7.89B8.54B7.30B8.82B9.89B9.85B11.35B11.08B10.81B10.14B9.74B9.73B

Cash Flow

Currency: EUR2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow156.48M304.20M397.06M577.91M904.05M696.44M602.64M672.18M619.68M632.45M755.10M706.83M496.61M738.26M884.31M773.44M500.69M688.66M698.06M1.03B9.80B708.30M
Investing Cash Flow-130.89M-429.76M-1.16B-2.70B220.85M271.26M225.71M32.21M103.08M449.66M123.31M-121.59M617.13M-702.73M-105.87M243.61M-657.16M27.66M323.80M171.01M-1.37B-123.40M
Financing Cash Flow-44.64M401.43M506.72M2.12B-1.12B-1.07B-449.80M-874.22M-912.53M-838.95M-176.78M-621.20M-944.15M161.07M-867.60M-903.88M108.37M-887.99M-1.66B-722.91M-7.39B-383.30M
Capital Expenditure196.28M338.50M574.56M2.61B681.85M0332.05M497.85M868.03M385.50M551.96M469.74M845.18M1.11B991.34M674.24M631.33M697.51M567.83M484.49M5.96B579.60M
Free Cash Flow-39.80M-34.30M-177.50M-2.03B222.21M696.44M270.59M174.33M-248.35M246.95M203.15M237.09M-348.57M-376.00M-107.03M99.19M-130.63M-8.85M130.23M540.66M3.85B128.70M
Dividends Paid15.10M37.40M104.35M348.51M217.22M215.17M59.94M321.06M78.06M240.91M262.72M269.36M286.57M324.73M337.03M66.43M74.06M339.57M353.33M72.96M764.00M387.60M
FCF to OCF-25.43%-11.27%-44.70%-352.09%24.58%100.00%44.90%25.94%-40.08%39.05%26.90%33.54%-70.19%-50.93%-12.10%12.83%-26.09%-1.29%18.66%52.74%39.24%18.17%
Dividend Paid to FCF-37.94%-109.04%-58.79%-17.13%97.75%30.90%22.15%184.16%-31.43%97.56%129.32%113.61%-82.21%-86.37%-314.90%66.97%-56.70%-3835.22%271.32%13.49%19.86%301.17%

Earnings

Report DateFeb 27, 2014Jul 24, 2014Feb 20, 2015Jul 23, 2015Feb 18, 2016Jul 21, 2016Feb 15, 2017Apr 26, 2017Jul 20, 2017Feb 15, 2018May 1, 2018Jul 19, 2018Oct 25, 2018Feb 22, 2019Apr 24, 2019Jul 23, 2019Oct 24, 2019Feb 13, 2020Apr 22, 2020Jul 21, 2020Oct 16, 2020Feb 17, 2021Apr 20, 2021Jul 21, 2021Oct 22, 2021Feb 22, 2022Apr 21, 2022Jul 21, 2022Oct 20, 2022Feb 21, 2023Apr 19, 2023Jul 20, 2023Oct 19, 2023Feb 15, 2024Apr 23, 2024Jul 22, 2024Oct 22, 2024Mar 20, 2025Apr 16, 2025Jul 21, 2025Oct 22, 2025Dec 31, 2025Feb 18, 2027
EPS Estimate2.662.552.672.522.602.622.550.002.592.620.002.710.002.730.002.850.002.950.002.460.002.300.002.050.002.280.002.320.002.232.312.392.012.052.222.262.192.230.002.300.00--
EPS Actual2.402.600.000.000.002.642.630.002.492.172.176.193.553.780.004.090.004.450.002.060.001.740.004.950.004.780.008.430.00-1.852.360.002.160.002.240.002.230.680.683.080.003.59-
Surprise-9.77%1.96%-100.00%-100.00%-100.00%0.76%3.14%--3.86%-17.18%-128.41%-38.46%-43.51%-50.85%--16.26%--24.35%-141.46%-109.65%-263.36%--182.96%2.16%-100.00%7.46%-100.00%0.90%-100.00%1.83%-69.51%-33.91%---
Timing-------------------------After-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-After-hours--After-hours--Pre-market

Key Statistics & Ratios

Market Cap4.80B
Enterprise Value14.96B
Trailing P/E7.38
Forward P/E8.97
PEG Ratio24.62
Price / Sales4.10
Price / Book0.62
EPS5.88
Book Value76.40
Revenue (TTM)1.17B
Gross Profit (TTM)977.70M
EBITDA993.50M
Profit Margin55.92%
Operating Margin74.42%
Return on Equity8.53%
Return on Assets2.11%
Shares Outstanding110.67M
Shares Float69.90M
Beta1.12
Dividend Yield8.64%
Dividend Rate3.75
Payout Ratio25.51%

Dividends

20262×
0.05Jul 15, 20261.50Mar 17, 2026
20251×
1.01Apr 30, 2025
20241×
3.30Apr 19, 2024
20231×
2.46Apr 24, 2023
20221×
3.75Apr 25, 2022
20211×
3.60Apr 26, 2021
20201×
4.80Apr 27, 2020
20191×
4.60May 13, 2019
20181×
4.50May 15, 2018
20171×
1.03May 17, 2017
20161×
3.09May 16, 2016
20151×
1.30Apr 24, 2015
20141×
4.11May 14, 2014
20132×
2.60Apr 30, 20131.51Apr 29, 2013
20121×
4.11May 3, 2012
20111×
4.11May 11, 2011
20101×
3.23Jun 10, 2010
20091×
4.93Apr 30, 2009
20081×
4.93May 20, 2008
20071×
4.37May 7, 2007
20062×
1.86Oct 25, 20063.72Apr 13, 2006

Stock Splits

  • Jan 10, 2017623:621
  • Mar 2, 20155045:4957
  • Apr 26, 20051123:1054
  • Jan 5, 20045:1
  • Nov 18, 2003964:849
  • May 21, 2002811:785
  • Nov 9, 2000904:847
  • Jun 1, 19921476:1397
  • Jun 3, 1991119:113
  • Jun 1, 1990851:818