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Corem Property Group AB (publ)

Corem Property Group AB (publ)

CORE-B · ST · Real Estate / Real Estate - Diversified

2.17SEK-0.06 (-2.60%)

Price History

Full chart

Market Stats

Previous Close2.23
Open2.19
Day Range2.15 – 2.22
52-Week Range1.99 – 4.49
Volume2.17M
Market Cap2.47B
P/E (TTM)0.00
Forward P/E0.00
EPS-2.45
Dividend Yield6.04%
Beta1.51
50-Day Avg2.43
200-Day Avg3.11

About

Corem Property Group AB (publ), a commercial property company, owns, manages, develops, and leases office, warehousing/logistics, retail, health care, and social function properties in Sweden, Denmark, and the United States. The company owns 244 properties with a total lettable area of 2,048 thousand square meters. Corem Property Group AB (publ) was founded in 1993 and is headquartered in Stockholm, Sweden.

Company Details

  • SectorReal Estate
  • IndustryReal Estate - Diversified
  • CEOMr. Rutger Arnhult
  • Employees266
  • HeadquartersRiddargatan 13C, Stockholm, Sweden, 114 51, Sweden
  • Websitehttps://www.corem.se

Leadership

  • Mr. Rutger ArnhultCEO & Director · b. 1967
  • Ms. Eva LandenDeputy Chief Executive Officer · b. 1965
  • Anders KarlssonActing Head of Finance · b. 1978
  • Mr. Håkan EngstamHead of Business Development · b. 1963
  • Ms. Anna Lidhagen OhlsenHead of Real Estate · b. 1973
  • Mr. Peeter KinnunenHead of Transactions · b. 1973
  • Mr. Sebastian SchlasbergChief Executive Officer of Corem's property operations · b. 1982

Financials

Income Statement

Currency: SEK2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue391.00M444.00M463.00M497.00M544.00M556.00M621.00M626.00M740.00M900.00M965.00M961.00M894.00M2.91B4.49B4.24B3.69B3.46B
Growth (%)-+13.55%+4.28%+7.34%+9.46%+2.21%+11.69%+0.81%+18.21%+21.62%+7.22%-0.41%-6.97%+225.73%+54.22%-5.50%-12.94%-6.22%
Cost of Revenue117.00M112.00M145.00M131.00M134.00M143.00M140.00M144.00M166.00M199.00M232.00M260.00M226.00M1.04B1.56B1.36B1.33B1.26B
Gross Profit274.00M332.00M318.00M366.00M410.00M413.00M481.00M482.00M574.00M701.00M733.00M701.00M668.00M1.87B2.93B2.88B2.36B2.21B
Gross Margin70.08%74.77%68.68%73.64%75.37%74.28%77.46%77.00%77.57%77.89%75.96%72.94%74.72%64.15%65.31%67.91%63.90%63.69%
Operating Expense23.00M11.00M2.00M26.00M1.00M1.00M1.00M1.00M000-1.84B-804.00M-3.42B1.76B179.00M160.00M119.00M
Operating Income251.00M321.00M316.00M340.00M409.00M412.00M480.00M481.00M574.00M701.00M733.00M2.54B1.47B5.29B1.18B2.70B2.20B2.09B
Operating Margin64.19%72.30%68.25%68.41%75.18%74.10%77.29%76.84%77.57%77.89%75.96%264.20%164.65%181.49%26.19%63.69%59.57%60.26%
EBITDA749.00M345.00M316.00M569.00M452.00M484.00M774.00M1.03B1.38B1.36B1.65B2.54B1.47B4.27B1.20B2.73B118.00M-2.62B
EBITDA Margin191.56%77.70%68.25%114.49%83.09%87.05%124.64%164.70%187.03%151.11%170.98%264.31%164.77%146.53%26.76%64.23%3.19%-75.56%
Net Income-252.00M226.00M440.00M35.00M175.00M372.00M112.00M800.00M915.00M937.00M1.18B3.11B-108.00M4.41B3.03B-7.97B-1.06B-3.31B
Net Income Margin-64.45%50.90%95.03%7.04%32.17%66.91%18.04%127.80%123.65%104.11%122.59%324.04%-12.08%151.37%67.56%-187.79%-28.66%-95.56%
R&D--------0.950.860.883.30.121.950.362.06--
R&D as % of Total Revenue--------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0000215.00M231.00M253.00M239.00M266.00M302.00M313.00M296.00M293.00M708.00M1.17B1.48B1.30B1.23B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%39.52%41.55%40.74%38.18%35.95%33.56%32.44%30.80%32.77%24.31%26.05%34.80%35.21%35.56%

Balance Sheet

Currency: SEK2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.69B5.14B6.56B6.88B7.28B7.73B8.75B9.37B12.12B13.35B15.71B17.13B18.67B92.24B90.86B64.85B61.78B53.13B
Total Liabilities3.52B3.62B4.46B4.88B5.20B5.33B6.41B6.36B8.45B9.01B10.41B8.96B11.40B58.30B59.55B42.83B40.27B36.64B
Total Equity1.17B1.52B2.10B2.01B2.08B2.40B2.34B3.01B3.67B4.34B5.30B8.17B7.28B33.34B31.27B22.00B21.51B16.49B
Cash11.00M111.00M229.00M100.00M116.00M131.00M48.00M40.00M7.00M34.00M14.00M8.00M15.00M571.00M979.00M429.00M586.00M1.80B
Total Debt3.19B3.33B4.08B4.26B4.57B4.95B5.66B5.69B7.57B8.00B9.30B7.60B9.85B47.83B49.54B34.71B32.97B30.14B
Net Debt3.18B3.22B3.86B4.16B4.45B4.82B5.62B5.65B7.56B7.96B9.29B7.59B9.84B47.26B48.56B34.28B32.39B28.34B

Cash Flow

Currency: SEK2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-86.00M99.00M-99.00M58.00M184.00M251.00M113.00M338.00M411.00M440.00M448.00M467.00M370.00M1.19B2.23B718.00M920.00M812.00M
Investing Cash Flow-1.17B-202.00M-712.00M-240.00M-345.00M-496.00M-717.00M-264.00M-2.04B-559.00M-1.44B3.06B-2.02B-954.00M-1.29B13.83B1.67B3.73B
Financing Cash Flow1.06B203.00M930.00M53.00M177.00M258.00M521.00M-82.00M1.59B146.00M971.00M-3.54B1.65B317.00M-583.00M-15.10B-2.44B-3.29B
Capital Expenditure002.00M2.00M3.00M640.00M817.00M172.00M385.00M340.00M354.00M506.00M4.00M249.00M39.00M4.00M00
Free Cash Flow-86.00M99.00M-101.00M56.00M181.00M-389.00M-704.00M166.00M26.00M100.00M94.00M-39.00M370.00M1.19B2.19B718.00M920.00M812.00M
Dividends Paid-29.00M77.00M102.00M101.00M112.00M119.00M124.00M179.00M192.00M218.00M236.00M278.00M468.00M627.00M830.00M659.00M523.00M
FCF to OCF100.00%100.00%102.02%96.55%98.37%-154.98%-623.01%49.11%6.33%22.73%20.98%-8.35%100.00%100.00%98.25%100.00%100.00%100.00%
Dividend Paid to FCF-29.29%-76.24%182.14%55.80%-28.79%-16.90%74.70%688.46%192.00%231.91%-605.13%75.14%39.33%28.59%115.60%71.63%64.41%

Earnings

Report DateFeb 19, 2018Apr 27, 2018Jul 13, 2018Oct 23, 2018Feb 19, 2019May 3, 2019Jul 12, 2019Oct 25, 2019Feb 18, 2020Apr 28, 2020Jul 9, 2020Oct 20, 2020Feb 12, 2021Apr 29, 2021Jul 17, 2021Oct 27, 2021Feb 24, 2022Apr 27, 2022Jul 13, 2022Oct 25, 2022Feb 21, 2023Apr 28, 2023Jul 14, 2023Oct 26, 2023Feb 21, 2024Apr 23, 2024Jul 12, 2024Oct 24, 2024Feb 13, 2025Apr 14, 2025Jul 11, 2025Oct 22, 2025Feb 13, 2026Apr 22, 2026Jul 10, 2026Oct 21, 2026
EPS Estimate---------------0.250.190.210.180.230.170.090.100.030.08-0.120.150.070.070.110.090.040.040.09-
EPS Actual0.770.700.600.741.160.671.603.262.92-4.070.221.921.581.141.060.681.640.210.30-0.14-0.400.38-0.37-2.160.18-0.150.270.190.260.17-0.41-0.32-1.67-0.050.01-
Surprise---------------172.00%763.16%0.00%66.67%-160.87%-335.29%322.22%-470.00%-7300.00%125.00%-125.00%26.67%273.71%142.86%-474.09%-457.44%-4268.75%-217.50%-94.00%-
Timing------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.47B
Enterprise Value34.73B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.76
Price / Book0.19
EPS-2.45
Book Value12.22
Revenue (TTM)3.26B
Gross Profit (TTM)2.06B
EBITDA1.94B
Profit Margin-85.61%
Operating Margin62.26%
Return on Equity-15.75%
Return on Assets2.20%
Shares Outstanding1.14B
Shares Float499.10M
Beta1.51
Dividend Yield6.04%
Dividend Rate0.12
Payout Ratio6.83%

Dividends

20271×
0.03Mar 30, 2027
20264×
0.03Dec 29, 20260.02Sep 29, 20260.02Jun 29, 20260.03Mar 30, 2026
20254×
0.03Dec 29, 20250.02Sep 29, 20250.02Jun 27, 20250.03Mar 28, 2025
20244×
0.03Dec 27, 20240.02Sep 27, 20240.02Jun 27, 20240.10Mar 27, 2024
20234×
0.10Dec 28, 20230.10Sep 28, 20230.10Jun 29, 20230.10Mar 30, 2023
20224×
0.10Dec 29, 20220.10Sep 29, 20220.10Jun 29, 20220.10Mar 30, 2022
20211×
0.65Apr 30, 2021
20201×
0.60Apr 29, 2020
20191×
0.45May 6, 2019

Stock Splits

  • Jan 16, 20181:2