CTP N.V. (CTPNV) AI Stock Analysis

• Market Cap: €8.43B
• Dividend Yield: 3.54%
• Average Volume (3M): 95.99K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.57
• Revenue Growth: 21.79%
• EPS Growth: 13.16%
• Country: NL
• Employees: 874
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.42
• Shares Outstanding: 479,284,360
• 10 Day Avg. Volume: 89,769
• 30 Day Avg. Volume: 95,988
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €20.64
• Price Target Upside: 17.41% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10

• Rating: 74 Outperform
• Price Target: €20.00 ▲(13.77% Upside)

CTP N.V. scores well due to its strong financial performance and attractive valuation, indicating potential for growth and income. However, technical analysis suggests short-term weakness, which slightly offsets the overall score.

CTP N.V. Business Overview & Revenue Model

Company Description

CTP N.V. engages in the ownership, development, management, and leasing of logistics and industrial real estate properties in Central and Eastern Europe. Its properties are used primarily for production and warehousing, third-party logistics and distribution, offices, and others. The company also operates 3 hotels under the Courtyard by Marriott brand in the Czech Republic under management agreements with third party. As of December 31, 2021, it had approximately 8 million square meters of gross lettable area. The company was founded in 1998 and is based in Amsterdam, the Netherlands. CTP N.V. is a subsidiary of CTP Holding B.V.

How the Company Makes Money

CTP N.V. generates revenue primarily through the leasing of its developed industrial and logistics properties. The company's revenue model is based on long-term lease agreements with various tenants across industries, ensuring a stable and recurring income stream. Additionally, CTP capitalizes on the appreciation of its property portfolio value through strategic developments and enhancements. The company also engages in direct property sales and development services, which contribute to its revenue. CTP's sustainable and energy-efficient property solutions are attractive to businesses focused on sustainability, further enhancing its appeal and potential for revenue growth. Significant partnerships with logistics and manufacturing companies, as well as its strategic location choices, bolster its position in the market.

CTP N.V. Financial Statement Overview

Summary

CTP N.V. exhibits strong profitability with high margins and steady revenue growth. The balance sheet shows moderate leverage typical for the industry, with room for optimizing the capital structure. Cash flow management is solid, though cash conversion efficiency could be improved.

Income Statement

CTP N.V. shows strong profitability with a high gross profit margin of 78.6% and a net profit margin of 116.4% for TTM. Revenue growth is steady at 2.16% TTM, indicating consistent expansion. However, the EBIT margin is unusually high at 172.1%, suggesting potential non-operational income or accounting adjustments.

Balance Sheet

The company's debt-to-equity ratio of 1.22 indicates moderate leverage, which is typical for the real estate development industry. Return on equity is healthy at 14.7%, reflecting efficient use of equity. The equity ratio stands at 43%, showing a balanced capital structure but with room for improvement in reducing debt levels.

Cash Flow

CTP N.V. demonstrates solid cash flow management with a free cash flow growth rate of 3.76% TTM and a strong free cash flow to net income ratio of 90.7%. However, the operating cash flow to net income ratio is relatively low at 22.9%, indicating potential challenges in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	922.10M	870.70M	673.80M	589.11M	407.37M	372.98M
Gross Profit	730.20M	681.80M	554.00M	464.92M	333.66M	302.95M
EBITDA	1.73B	1.59B	461.20M	1.04B	1.33B	413.31M
Net Income	1.17B	1.08B	922.60M	766.60M	1.03B	252.12M
Balance Sheet
Total Assets	18.57B	17.38B	14.87B	12.53B	9.69B	3.31B
Cash, Cash Equivalents and Short-Term Investments	848.40M	855.40M	690.60M	660.63M	892.82M	307.15M
Total Debt	8.54B	8.15B	7.02B	5.88B	4.51B	1.04B
Total Liabilities	10.58B	10.03B	8.71B	7.24B	5.58B	1.04B
Stockholders Equity	7.99B	7.35B	6.17B	5.28B	4.11B	2.26B
Cash Flow
Free Cash Flow	286.90M	306.60M	256.50M	256.41M	125.09M	183.20M
Operating Cash Flow	314.50M	340.00M	318.40M	300.31M	139.06M	185.43M
Investing Cash Flow	-1.26B	-1.33B	-1.18B	-1.36B	-1.44B	-469.12M
Financing Cash Flow	693.50M	1.15B	886.10M	837.18M	1.77B	641.12M

CTP N.V. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 17.58
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:CTPNV, the sentiment is Neutral. The current price of 17.58 is below the 20-day moving average (MA) of 17.84, below the 50-day MA of 18.05, and above the 200-day MA of 16.31, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 44.12 is Neutral, neither overbought nor oversold. The STOCH value of 14.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:CTPNV.

CTP N.V. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WHA	75 Outperform	856.56M	9.33	11.34%	6.75%	7.34%	-14.14%
CTPNV	74 Outperform	€8.43B	7.03		3.54%	21.79%	13.16%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%