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Novavest Real Estate AG

Novavest Real Estate AG

39.80 CHF+0.20 (+0.51%)
XSWX:NRENMarket Closed
ListedCHF405MReal EstateReal Estate - Diversified2 employees

Company Profile

Legal NameNovavest Real Estate AG
CEOMr. Peter Mettler
HeadquartersFeldeggstrasse 26
Phone41 44 276 40 40
Employees (FTE)2
SectorReal Estate
IndustryReal Estate - Diversified

Business Description

Novavest Real Estate AG is a Switzerland-based real estate company headquartered in Zurich, incorporated in 2013. It specializes in the management, rental, and development of properties across residential, office, and commercial sectors, with a strategic emphasis on rental apartments comprising at least 50% of total target rental income. The company also focuses on senior residences, care facilities, new construction projects, shopping centers, cinemas, hotels, and industrial facilities located throughout Switzerland, particularly in urban areas with strong transport links. Novavest Real Estate AG provides comprehensive services including property selection and acquisition through extensive networks and rigorous 5-point checks, proactive portfolio management with ongoing risk assessments, sustainability considerations, revenue optimization, and strategic marketing for sales to ensure best execution. Its philosophy prioritizes transparency, efficient processes, and sustainable capital growth for investors via a professionally managed portfolio that generates active cashflow independent of market fluctuations. Led by CEO Peter Mettler and a board including Chairman Thomas Sojak, the company maintains a diversified shareholder base and operates with a focus on long-term value in the Swiss real estate market.

Profitability & Growth

Profitability

Profit Margin+71.51%
Operating Margin+65.55%
Return on Equity (TTM)+7.08%
Return on Assets (TTM)+1.70%

Recent Year-End

Revenue42.7M
Revenue / Share4.20
Gross Profit35.7M
EBITDA35.8M
Diluted EPS3.00
Earnings Growth YoY+3.20%
Revenue Growth YoY-1.10%

Balance Sheet Snapshot

Total Cash (MRQ)

4.2M

Total Debt (MRQ)

516.8M

Current Ratio (MRQ)

0.03

Book Value / Share

43.22

Stock Statistics

Shares Outstanding10.2M
Avg Volume (10d)7.8K
Avg Volume (90d)8.0K
% Held by Insiders+5.46%
% Held by Institutions+39.97%

Valuation

Market Cap404.8M
Enterprise Value914.3M
Trailing P/E13.20
Forward P/E17.20
PEG Ratio17.20
Price / Sales (TTM)9.43
Price / Book (MRQ)0.92
EV / Revenue21.41
EV / EBITDA19.91

Price Summary

52-Week Low37.70
52-Week High44.20
50-Day MA41.21
200-Day MA40.92
Beta0.06

Dividends

Forward Div Rate1.45
Forward Div Yield+3.70%
Trailing Div Rate1.45
Payout Ratio+46.67%
Dividend Date2024-04-15
Ex-Dividend Date2026-06-10