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Intervest Offices & Warehouses (INTO.BR)
Key financial summary
Financials in EUR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | €m | 59 | 82 | 77 | 80 | 96 | 82 | 82 |
| Operating profit | €m | 57 | 66 | |||||
| Net profit | €m | 34 | 66 | 43 | 98 | 52 | 6 | 6 |
| EPS reported | € | 0.20 | 0.23 | |||||
| Operating cashflow per share | € | 1.77 | 1.77 | |||||
| Capex per share | € | 0.12 | 0.12 | |||||
| FCF per share | € | 1.65 | 1.65 | |||||
| Free cash flow | €m | 50 | 0 | |||||
| Net debt | €m | 677 | 676 | |||||
| Book value equity | €m | 675 | 675 | |||||
| Book value per share | € | 22.47 | 21.88 | |||||
| Number of shares | m | 30.02 | 30.83 | |||||
| DPS (TTM paid) | € | 1.02 | 0.00 |
Financial summary
Financials in EUR| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 103.50 | - | |||||
| P/B LTM | x | 0.92 | 0.96 | |||||
| P/S LTM | x | 7.56 | 7.87 | |||||
| P/FCF LTM | x | 12.51 | 13.03 | |||||
| EV/EBITDA LTM | x | 29.22 | 26.61 | |||||
| EV/Sales LTM | x | 15.81 | 16.11 | |||||
| Earnings Yield LTM | % | 0.97% | 0.94% | |||||
| FCF Yield | % | 7.99% | 0.00% | |||||
| Quality | ||||||||
| ROE | % | 0.88% | 0.87% | |||||
| ROIC | % | 3.58% | 3.58% | |||||
| Operating margin | % | 69.29% | 69.29% | |||||
| Gross margin | % | 86.52% | 86.52% | |||||
| FCF/Sales | % | 60.41% | 60.41% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -14.93% | -14.93% | |||||
| Net Income Growth YoY | % | -88.56% | -88.56% | |||||
| FCF Growth | % | +54.18% | +54.18% | |||||
| Operating Profit Growth | % | +54.10% | +54.10% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 7.41% | 0.00% | |||||
| Dividend Growth | % | -33.33% | - | |||||
| Payout Ratio | % | 776.14% | 0.00% | |||||
| FCF/Debt | x | 0.07 | 0.00 | |||||
| Net Debt/EBITDA | x | 15.25 | 15.25 | |||||
| EBIT/Net interest | x | 2.01 | 2.01 | |||||
| Net debt/market cap | % | 109.17% | 104.66% | |||||
| Net debt/Equity | x | 1.00 | 1.00 | |||||
| Gross debt/equity | x | 1.01 | 1.01 | |||||
Company overview
Intervest Offices & Warehouses nv, commonly known as Intervest, functions as a public regulated real estate company (RREC). Founded in 1996, its shares began trading on Euronext Brussels (INTO) in 1999. The firm specializes in acquiring premium Belgian office buildings and logistics facilities, which it leases to top-tier tenants. Its portfolio primarily consists of modern, well-situated properties. Office assets are strategically placed in and around vibrant urban centers with significant student populations, such as Antwerp, Mechelen, Brussels, and Leuven. Meanwhile, logistics properties are positioned along key Belgian transportation corridors, including the Antwerp-Brussels-Nivelles, Antwerp-Limburg-Liège, and Antwerp-Ghent-Lille axes. In the Netherlands, Intervest's logistics holdings are concentrated along the Moerdijk-’s-Hertogenbosch-Nijmegen, Rotterdam-Gorinchem-Nijmegen, and Bergen-op-zoom-Eindhoven-Venlo routes. Intervest differentiates itself by providing comprehensive solutions that go beyond merely offering space. The company delivers 'turn-key solutions'—tailor-made, all-encompassing services developed collaboratively with clients—alongside an extensive range of support services, co-working facilities, and flexible serviced office options.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Intervest Offices & Warehouses (INTO.BR)
Intervest Offices & Warehouses nv, commonly known as Intervest, functions as a public regulated real estate company (RREC). Founded in 1996, its shares began trading on Euronext Brussels (INTO) in 1999. The firm specializes in acquiring premium Belgian office buildings and logistics facilities, which it leases to top-tier tenants. Its portfolio primarily consists of modern, well-situated properties. Office assets are strategically placed in and around vibrant urban centers with significant student populations, such as Antwerp, Mechelen, Brussels, and Leuven. Meanwhile, logistics properties are positioned along key Belgian transportation corridors, including the Antwerp-Brussels-Nivelles, Antwerp-Limburg-Liège, and Antwerp-Ghent-Lille axes. In the Netherlands, Intervest's logistics holdings are concentrated along the Moerdijk-’s-Hertogenbosch-Nijmegen, Rotterdam-Gorinchem-Nijmegen, and Bergen-op-zoom-Eindhoven-Venlo routes. Intervest differentiates itself by providing comprehensive solutions that go beyond merely offering space. The company delivers 'turn-key solutions'—tailor-made, all-encompassing services developed collaboratively with clients—alongside an extensive range of support services, co-working facilities, and flexible serviced office options.
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