Covivio SA COV

Morningstar Rating
€43.82 −0.14 (0.32%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

COV is trading at a LOCK|?^$#l premium.
Price
€43.82
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
€43.96
Day Range
€43.60–44.46
52-Week Range
€42.36–62.80
Bid/Ask
€43.32 / €44.44
Shares Outstanding
110.67M
Market Cap
€4.85B
Volume/Avg
80,250 / 146,579

Key Statistics

Price/Earnings (Normalized)
9.28
Price/Sales
3.52
Dividend Yield (Trailing)
8.56%
Dividend Yield (Forward)
8.56%
Dividend Payment Schedule
Mar, Jul
Total Yield
8.87%

Company Profile

Covivio SA is a French real estate investment trust involved in the ownership of properties mainly in France, Italy, and Germany. The majority of the properties in the company's real estate portfolio are office buildings located in Paris and Milan. German residential properties also represent a significant percentage of its total assets. Fonciere des Regions derives nearly all of its revenue in the form of rental income from the ownership and maintenance of its portfolio of properties. French offices generate the majority revenue for the company, while Italian office buildings and German residential buildings in Berlin, Hamburg, and Dresden also contribute sizable income streams.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Mid Value
Total Number of Employees
979

Valuation

Metric
COV
Price/Earnings (Normalized)
9.28
Price/Book Value
0.57
Price/Sales
3.52
Price/Cash Flow
6.29
Price/Earnings
COV

Financial Strength

Metric
COV
Quick Ratio
0.58
Current Ratio
0.92
Interest Coverage
4.56
Quick Ratio
COV

Profitability

Metric
COV
Return on Assets (Normalized)
2.15%
Return on Equity (Normalized)
6.47%
Return on Invested Capital (Normalized)
3.07%
Return on Assets
COV

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