Corio

Price
 
Price € 32,90
Change € -1,11
Change % -3,25%
Open € 34,03
High € 34,04
Low € 32,27
Volume 851.747
Profile
 
Profile: Corio is one of the largest listed retail property investors in Europe. Corio is actively involved in all parts of the investment process. Corio owns shopping centers and, to a lesser extent, offices. Corio's core competence is its understanding of "Why people buy", resulting in lasting benefits to Corio's stakeholders, from consumers to shareholders. With this competency, Corio is able to create locations where retailers want to hire and where they want to continue their businesses and expand. Corio brings consumers, tenants and investors together, creating win-win situations and profitable growth. The company was created in 2000 with the merger of a property fund for institutional investors (VIB) and Shop Investments Netherlands (WBN). VIB was established in 1963 by six different pension funds. WBN was the real estate subsidiary of the ABP (the largest Dutch pension fund).
Site: http://www.corio-eu.com/
Industry: Real estate
Description: Companies in the real estate industry lease and deal in real estate and managing their property. Real estate can be divided into various types: commercial property, offices, residential and industrial properties. Revenue comes from rental income and profits when selling a real estate object.
2011
 

Profit and loss

Net profit (x 1 mln) € 218,20 Turnover (x 1 mln) € 460,30
Cashflow (x 1 mln) Tooltip € 215,30 Net cashflow (x 1 mln) Tooltip € 87,00

Balance

Private equity (x 1 mln) € 4.206,00 Foreign equity (x 1 mln) € 3.706,90
Current assets (x 1 mln) € 202,10 Current liabilities (x 1 mln) € 581,10
Working capital (x 1 mln) € -379,00 Balance total (x 1 mln) € 7.961,20

Share

Outstanding shares (x 1 mln) 91,805 Price year-end € 33,61
Dividend per share € 2,76 Earnings per share € 2,38
Dividend yield 8,21% Cashflow per share € 2,35
Intrinsic value € 45,81 Net cashflow per share € 0,95
Price/intrinsic value 0,734

Key figures

Price/earnings 14,141 Price/cashflow 14,331
Price/net cashflow 35,466 Stockmarket value (x 1 mln) € 3.085,57
Solvability Tooltip 0,528 Solvability Tooltip 2,148
Return on private equity 5,19% Return on total equity 2,74%
Current ratio 0,348 Market value/PE 0,734
Market value/turnover 6,703 Enterprise value/turnover 7,527
History
 
Year 2011 2010 2009 2008 2007
Net profit (x 1 mln) € 218,20 € 375,70 € -132,50 € -239,60 € 702,60
Turnover (x 1 mln) € 460,30 € 451,60 € 390,90 € 364,70 € 377,30
Price year-end € 33,61 € 48,02 € 47,69 € 32,89 € 55,40
Year high € 50,46 € 54,25 € 50,69 € 64,47 € 75,50
Year low € 28,26 € 36,44 € 22,62 € 30,19 € 49,75
Outstanding shares (x 1 mln) 91,805 72,161 76,363 66,250 66,250
Price/earnings 14,141 9,223 -27,485 -9,094 5,224
Earnings per share € 2,38 € 5,21 € -1,74 € -3,62 € 10,61
Dividends € 2,76 € 2,69 € 2,65 € 2,60 € 2,60
Dividend yield 8,21% 5,60% 5,56% 7,91% 4,69%
Pay out 116,12% 51,67% -152,73% -71,89% 24,52%
Private equity (x 1 mln) € 4.206,00 € 4.195,60 € 3.384,10 € 3.458,50 € 3.825,80
PE per share € 45,81 € 58,14 € 44,32 € 52,20 € 57,75
Balance total (x 1 mln) € 7.961,20 € 8.048,60 € 6.291,20 € 6.408,50 € 6.713,40
Stockmarket value (x 1 mln) € 3.085,57 € 3.465,17 € 3.641,75 € 2.178,96 € 3.670,25
Number of employees 550 468 468 304 304