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Eurocastle Investment

BST:1V9
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1V9
BST
€262M
Market Cap
  1. Home
  2. DE
  3. Real Estate
Company description

Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and nonperforming loans and other real estate related assets primarily in Italy. The last earnings update was 100 days ago. More info.


Add to Portfolio Compare Print
  • Eurocastle Investment is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
1V9 Share Price and Events
7 Day Returns
0.3%
BST:1V9
0.9%
DE Real Estate
0%
DE Market
1 Year Returns
19.1%
BST:1V9
-1.1%
DE Real Estate
9.9%
DE Market
1V9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eurocastle Investment (1V9) 0.3% -0.6% -4.9% 19.1% - -
DE Real Estate 0.9% -1.1% 4.1% -1.1% 39.2% 87.2%
DE Market 0% 4.4% 13.6% 9.9% 14.6% 18.2%
1 Year Return vs Industry and Market
  • 1V9 outperformed the Real Estate industry which returned -1.1% over the past year.
  • 1V9 outperformed the Market in Germany which returned 9.9% over the past year.
Price Volatility
1V9
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Eurocastle Investment's competitors could be found in our database.

1V9 Value

 Is Eurocastle Investment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Eurocastle Investment to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Eurocastle Investment.

BST:1V9 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in EUR € 0.6
Payout Ratio Company Filings (2019-06-30) 2936.6%
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:1V9
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 21%) (0%))
1.365
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.37
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.365 * 5.96%)
8.36%

Discounted Cash Flow Calculation for BST:1V9 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Eurocastle Investment is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BST:1V9 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €0.6 / (8.36% - 0.23%)
€7.09
BST:1V9 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:1V9 represents 0.9805x of ENXTAM:ECT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.9805x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 7.37 x 0.9805
€7.23
Value per share (EUR) From above. €7.23
Current discount Discount to share price of €7.04
= -1 x (€7.04 - €7.23) / €7.23
2.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Eurocastle Investment is available for.
Intrinsic value
3%
Share price is €7.04 vs Future cash flow value of €7.23
Current Discount Checks
For Eurocastle Investment to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Eurocastle Investment's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Eurocastle Investment's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eurocastle Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eurocastle Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:1V9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.63
ENXTAM:ECT Share Price ** ENXTAM (2019-11-15) in EUR €7.18
Germany Real Estate Industry PE Ratio Median Figure of 35 Publicly-Listed Real Estate Companies 12.72x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 19.5x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eurocastle Investment.

BST:1V9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:ECT Share Price ÷ EPS (both in EUR)

= 7.18 ÷ 0.63

11.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eurocastle Investment is good value based on earnings compared to the DE Real Estate industry average.
  • Eurocastle Investment is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Eurocastle Investment's expected growth come at a high price?
Raw Data
BST:1V9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Real Estate Industry PEG Ratio Median Figure of 19 Publicly-Listed Real Estate Companies 0.62x
Germany Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Eurocastle Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Eurocastle Investment's assets?
Raw Data
BST:1V9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €9.81
ENXTAM:ECT Share Price * ENXTAM (2019-11-15) in EUR €7.18
Germany Real Estate Industry PB Ratio Median Figure of 43 Publicly-Listed Real Estate Companies 1.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.86x
BST:1V9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:ECT Share Price ÷ Book Value per Share (both in EUR)

= 7.18 ÷ 9.81

0.73x

* Primary Listing of Eurocastle Investment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eurocastle Investment is good value based on assets compared to the DE Real Estate industry average.
X
Value checks
We assess Eurocastle Investment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Eurocastle Investment has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1V9 Future Performance

 How is Eurocastle Investment expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.8%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Eurocastle Investment expected to grow at an attractive rate?
  • Unable to compare Eurocastle Investment's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Eurocastle Investment's earnings growth to the Germany market average as no estimate data is available.
  • Eurocastle Investment's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:1V9 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:1V9 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.8%
Germany Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -8%
Germany Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:1V9 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:1V9 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 78 1
2020-12-31 69 1
2019-12-31 108 1
2019-11-17
BST:1V9 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 42 -16 29
2019-03-31 43 28
2018-12-31 -46 -17 -61
2018-09-30 33 -278 20
2018-06-30 102 -38 66
2018-03-31 184 -44 149
2017-12-31 222 -43 193
2017-09-30 175 207 111
2017-06-30 218 -18 173
2017-03-31 145 -11 101
2016-12-31 153 -11 103
2016-09-30 150 -22 124

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Eurocastle Investment is high growth as no earnings estimate data is available.
  • Eurocastle Investment's revenue is expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:1V9 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Eurocastle Investment Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1V9 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-11-17
BST:1V9 Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.63
2019-03-31 0.58
2018-12-31 -1.20
2018-09-30 0.37
2018-06-30 1.18
2018-03-31 2.58
2017-12-31 3.24
2017-09-30 1.84
2017-06-30 2.89
2017-03-31 1.61
2016-12-31 1.55
2016-09-30 1.80

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Eurocastle Investment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Eurocastle Investment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eurocastle Investment has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1V9 Past Performance

  How has Eurocastle Investment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eurocastle Investment's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eurocastle Investment has delivered over 20% year on year earnings growth in the past 5 years.
  • Eurocastle Investment's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Eurocastle Investment's 1-year earnings growth is negative, it can't be compared to the DE Real Estate industry average.
Earnings and Revenue History
Eurocastle Investment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eurocastle Investment Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1V9 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 42.31 29.39 12.63
2019-03-31 42.58 28.20 13.94
2018-12-31 -45.55 -60.69 14.69
2018-09-30 32.67 19.55 14.80
2018-06-30 101.72 65.93 35.49
2018-03-31 183.87 148.87 36.01
2017-12-31 222.41 193.05 40.82
2017-09-30 174.84 110.60 39.59
2017-06-30 217.71 173.36 22.28
2017-03-31 145.09 101.35 21.99
2016-12-31 152.76 102.66 16.73
2016-09-30 150.48 124.04 18.35
2016-06-30 53.29 9.86 14.18
2016-03-31 36.15 -7.43 12.47
2015-12-31 26.71 -13.75 11.30
2015-09-30 -68.19 37.38 -32.45
2015-06-30 -40.01 54.32 -19.92
2015-03-31 -15.54 23.58 -6.73
2014-12-31 12.47 -18.55 8.62
2014-09-30 132.03 -99.51 66.11
2014-06-30 142.46 -104.62 62.80
2014-03-31 159.51 -119.21 73.84
2013-12-31 175.54 -86.87 84.12
2013-09-30 179.96 -142.05 91.75
2013-06-30 185.66 -134.83 104.99
2013-03-31 193.79 -89.78 103.32
2012-12-31 198.95 -81.67 100.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Eurocastle Investment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Eurocastle Investment used its assets more efficiently than the DE Real Estate industry average last year based on Return on Assets.
  • Eurocastle Investment has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Eurocastle Investment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eurocastle Investment has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1V9 Health

 How is Eurocastle Investment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eurocastle Investment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eurocastle Investment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Eurocastle Investment has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Eurocastle Investment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Eurocastle Investment has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eurocastle Investment Company Filings, last reported 4 months ago.

BST:1V9 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 428.22 0.00 35.14
2019-03-31 437.30 0.00 39.19
2018-12-31 393.02 0.00 87.77
2018-09-30 393.02 0.00 87.77
2018-06-30 494.68 0.00 149.05
2018-03-31 505.11 0.00 174.44
2017-12-31 556.52 0.00 121.48
2017-09-30 640.98 0.00 264.65
2017-06-30 631.13 0.00 190.28
2017-03-31 506.37 54.47 143.78
2016-12-31 508.58 60.45 109.08
2016-09-30 302.17 377.91 439.45
2016-06-30 339.43 405.83 439.70
2016-03-31 438.24 445.20 517.18
2015-12-31 439.30 498.48 264.49
2015-09-30 437.46 670.20 494.86
2015-06-30 471.29 843.97 474.57
2015-03-31 205.86 863.33 173.90
2014-12-31 208.68 952.16 172.99
2014-09-30 245.59 1,283.73 185.81
2014-06-30 250.85 1,339.83 172.53
2014-03-31 284.34 1,419.49 192.32
2013-12-31 326.98 1,863.81 193.19
2013-09-30 352.33 1,955.24 217.45
2013-06-30 358.04 2,126.63 311.26
2013-03-31 292.11 2,282.92 141.34
2012-12-31 292.11 2,259.71 141.34
  • Eurocastle Investment has no debt.
  • Eurocastle Investment has no debt compared to 5 years ago when it was 534%.
  • Eurocastle Investment has no debt, it does not need to be covered by operating cash flow.
  • Eurocastle Investment has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Eurocastle Investment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eurocastle Investment has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1V9 Dividends

 What is Eurocastle Investment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.36%
Current annual income from Eurocastle Investment dividends. Estimated to be 8.36% next year.
If you bought €2,000 of Eurocastle Investment shares you are expected to receive €167 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Eurocastle Investment's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.33%).
  • Eurocastle Investment's dividend is above the markets top 25% of dividend payers in Germany (3.66%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:1V9 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:1V9 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.60 1.00
2020-12-31 0.60 1.00
2019-12-31 0.60 1.00
2019-11-17
BST:1V9 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-08-09 0.600 8.180
2019-05-17 0.600 8.257
2019-03-07 0.600 8.445
2018-11-15 0.600 9.153
2018-08-10 0.600 9.198
2018-05-17 0.600 8.201
2018-03-21 0.600 7.347
2017-11-28 0.600 7.337
2017-08-04 0.600 6.405
2017-05-19 0.600 6.841
2017-05-18 0.600 7.005
2016-12-15 0.600 7.333
2016-11-10 0.500 7.915
2016-06-23 0.500 8.065
2016-05-20 0.500 7.868
2016-05-19 0.500 8.432
2016-03-09 0.500 8.333
2015-11-06 0.500 7.414
2015-08-07 0.500 6.553
2015-03-25 0.500 6.083
2014-09-25 0.500 6.858
2014-06-24 0.500 7.241
2014-04-01 0.500 7.476
2013-12-19 0.500 7.111
2013-10-01 0.500 6.555
2010-03-18 0.000 0.000
2009-08-13 0.000 0.000
2009-04-30 0.000 0.000
2009-03-02 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Eurocastle Investment has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Eurocastle Investment only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Eurocastle Investment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
X
Income/ dividend checks
We assess Eurocastle Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eurocastle Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eurocastle Investment has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1V9 Management

 What is the CEO of Eurocastle Investment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Eurocastle Investment has no CEO, or we have no data on them.
Management Team

Oliver Goodrich

TITLE
Chief Financial Officer
TENURE
5.5 yrs

Olga Wilson

TITLE
IR Officer
Board of Directors Tenure

Average tenure and age of the Eurocastle Investment board of directors in years:

6.9
Average Tenure
59
Average Age
  • The tenure for the Eurocastle Investment board of directors is about average.
Board of Directors

Simon Thornton

TITLE
Independent Director
AGE
55
TENURE
13.3 yrs

Randy Nardone

TITLE
Director
AGE
63
TENURE
13.3 yrs

Peter Smith

TITLE
Director
AGE
51
TENURE
8 yrs

Jason Sherwill

TITLE
Independent Director
TENURE
5.8 yrs

Claire Whittet

TITLE
Independent Director
AGE
63
TENURE
3.8 yrs

Hammad Waqar Khan

TITLE
Non-Executive Director
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Eurocastle Investment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eurocastle Investment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1V9 News

Simply Wall St News

1V9 Company Info

Description

Eurocastle Investment Limited is a publicly traded closed-ended investment company that focuses on investing in performing and nonperforming loans and other real estate related assets primarily in Italy. The Company is Euro denominated and is listed on Euronext Amsterdam under the symbol “ECT”. Eurocastle is managed by an affiliate of Fortress Investment Group LLC, a leading global investment manager. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

Details
Name: Eurocastle Investment Limited
1V9
Exchange: BST
Founded: 2003
€261,749,757
36,455,398
Website: http://www.eurocastleinv.com
Address: Eurocastle Investment Limited
Regency Court,
Glategny Esplanade,
Saint Peter Port,
GY1 1WW,
Guernsey
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM ECT Ordinary Shares Euronext Amsterdam NL EUR 24. Jun 2004
OTCPK EUIV.F Ordinary Shares Pink Sheets LLC US USD 24. Jun 2004
BST 1V9 Ordinary Shares Boerse-Stuttgart DE EUR 24. Jun 2004
LSE 0QE2 Ordinary Shares London Stock Exchange GB EUR 24. Jun 2004
BATS-CHIXE ECTA Ordinary Shares BATS 'Chi-X Europe' GB EUR 24. Jun 2004
Number of employees
Current staff
Staff numbers
0
Eurocastle Investment employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/17 21:32
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/09/01
Last earnings filing: 2019/08/09
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.