Stock info Aedifica | Filter  Basic-Info

Stock: Aedifica (Belgium 20), ISIN: BE0003851681

Last Price 58.10 Max Price 64.85
Min Price 52.50 1 Year return -23.35
Avg. Target 69.42 Expected Return 19.48 %
Sector Financials Subsector Real Estate
Sell 0 Rating Star full 12x12Star full 12x12Star full 12x12Star full 12x12Star half 12x12
Hold 1 Concensus Cons holdCons buy
Buy 4
Annual report 2017

Created at the end of 2005 by Bank Degroof and GVA Finance, Aedifica is a sicafi (fixed capital real estate investment company) and dedicated to the Belgian residential market. Aedifica’s investment strategy focuses on three promising sectors:residential buildings, non-furnished apartments, in city centre locations in Belgium; furnished apartments in Brussels; senior housing. (ISIN: BE0003851681 / Mnemo: AED)

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Aedifica SA is a Public real estate investment company having complied under Belgian law (“REIT”). Aedifica is having an investment portfolio of just about 600 Million Euro and an entire surface area of roughly 300,000 m², The company aspires to place itself as the market leader along with several listed Belgian housing real estate companies. The only thing with make Aedifica different from its competitors is itself its approach, which consists of building a balanced portfolio of mostly residential buildings that create stable and persistent revenues and also propose sturdy potential for capital gains as well.



Aedifica's approach is based upon two demographic trends, the first one is the rising inhabitants in the major Belgian cities and other is the ageing population. Due to these things the demographic development on overall accommodation requirements and in particular to the explicit housing desires of an ageing population, outline the key themes of Aedifica's approach in investments. Aedifica's 4 major target areas are: Aedifica invests in Unfurnished apartment buildings located and easily accessible in Belgian cities. The buildings are mainly residential, but also include a part of office or business space, The company holds 543 apartments that are mostly situated in Brussels and Antwerp, but also in cities such as Namur and Arlon. Another area of interest is Senior housing ( 37 locations & long leases), by making an investment in rest homes and assisted-living apartments, Aedifica answer the requirements of its operators and to the increasing demands of an ageing population. Aedifica’s furnished apartment buildings adds its charm due to the presence of the European Institutions, NATO, and the HQ of many global businesses in Brussels and to the particular housing requirements of the expatriate community and last but not the least Hotels and other properties, Aedifica invests in the hotel sector mainly in the form of long leases with a minimum duration with expert and particular operators. Aedifica have possession of 2 large hotels situated in two of the biggest tourist cities in Flanders, as well as 4 hotels in Limburg.




Aedifica is listed on NYSE Euronext Brussels since October 2006, as a Belgian real estate investment company, the company put forward the investor an option to make a direct investment in residential real estate. As far as History of the company is considered the company came into existence on 7 November 2005 which was referred in the beginning as Enigma Immo SA, during the next month it got an approval as a SICAFI by the FSMA. On 23 October 2006 the company makes an IPO, in the month of October it in the year 2010 Aedifica reported an increase in public capital in cash if 67 Million Euro which further rose to 100 Million Euro in December 2012.


Contact info:Street: Avenue Louise 331 bte 8 LouizalaanZip Code: 1050 City: BrusselsCountry: BelgiumPhone: 32 2 626 07 70Email: info@aedifica.beWebsite: www.aedifica.be

Sector Review Aedifica

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Year Turnover Total sector Market share
2019 118 301,228 0.04 %
2020 256 290,346 0.09 %
2021 231 322,818 0.07 %
2022 272 341,855 0.08 %
2023 0 0 0.00 %

Advice Aedifica

Date Label Bank Label Stock Label Advice Label Price Label Diff Label
October 30, 2024 KBC Securities Aedifica Buy 68.00 14.56 %
September 02, 2024 Morgan Stanley Aedifica Buy 62.00 6.29 %
July 19, 2024 JP Morgan Aedifica Buy 70.00 17.00 %
July 09, 2024 Citigroup Aedifica Buy 79.70 27.10 %
April 02, 2024 Sanford C. Bernstein & Co Aedifica Hold 60.40 3.81 %
January 23, 2024 ING Aedifica Buy 75.00 22.53 %
October 30, 2024 KBC Securities Aedifica Buy 78.00 25.51 %
March 16, 2024 KBC Securities Aedifica Buy 68.00 14.56 %
March 15, 2024 KBC Securities Aedifica Buy 70.00 17.00 %
January 07, 2024 KBC Securities Aedifica Buy 70.00 17.00 %
October 13, 2023 KBC Securities Aedifica Buy 70.00 10.64 %
October 12, 2023 ING Aedifica Buy 85.00 26.41 %
September 13, 2023 Oddo BHF Aedifica Hold 66.00 6.36 %
September 04, 2023 Morgan Stanley Aedifica Buy 66.00 6.36 %
August 03, 2023 DeGroof Petercam Aedifica Hold 60.00 2.00 %
July 11, 2023 UBS Aedifica Buy 70.00 16.50 %
July 03, 2023 Morgan Stanley Aedifica Buy 68.00 16.18 %
May 02, 2023 KBC Securities Aedifica Buy 101.00 43.22 %
March 23, 2023 Morgan Stanley Aedifica Buy 75.00 30.00 %
March 13, 2023 Barclays Aedifica Sell 57.00 6.84 %
March 07, 2023 Berenberg Aedifica Buy 105.00 49.86 %
February 25, 2023 HSBC Aedifica Buy 102.00 45.83 %
February 07, 2023 Berenberg Aedifica Buy 110.00 47.91 %
January 27, 2023 Societe Generale Aedifica Buy 96.00 38.75 %
January 24, 2023 UBS Aedifica Buy 105.00 44.05 %
September 02, 2022 Morgan Stanley Aedifica Buy 115.00 47.43 %
July 04, 2022 Barclays Aedifica Sell 74.00 20.68 %
June 19, 2022 Societe Generale Aedifica Hold 132.50 50.19 %
March 30, 2022 Morgan Stanley Aedifica Buy 125.00 42.12 %
March 23, 2022 Exane BNP Paribas Aedifica Buy 123.00 38.13 %
March 23, 2022 UBS Aedifica Buy 120.00 37.25 %
March 07, 2022 Morgan Stanley Aedifica Buy 120.00 34.83 %
February 25, 2022 Kepler Capital Markets Aedifica Buy 110.00 28.64 %
February 10, 2022 Kepler Capital Markets Aedifica Buy 108.00 25.93 %
January 12, 2022 Kepler Capital Markets Aedifica Buy 130.00 38.42 %
January 06, 2022 Berenberg Aedifica Buy 130.00 40.42 %
December 15, 2021 Berenberg Aedifica Buy 127.00 39.29 %
November 17, 2021 Citigroup Aedifica Buy 158.80 48.02 %
October 11, 2021 Berenberg Aedifica Buy 124.00 39.60 %
October 04, 2021 Barclays Aedifica Sell 93.00 19.35 %



News Aedifica

Aedifica's sales on record level according analysts' estimates

Huge dividend Aedifica Investors in Aedifica can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Belgian market. For this year the analysts expect a dividend of 3.68 euros...

Annual reports Aedifica

2017 2018 2019 2020 2021

Profile Aedifica

Aedifica

(BE0003851681)/ AED

Aedifica's main office is based in Brussels. Aedifica primarily operates in the real estate sector. The global real estate companies gained around 8 percent worldwide over the last 10 years. Over the past 5 years the sector is 20 percent higher.

The past year gave good returns for Aedifica investors

The period between December 2015 and December 2016 was a profitable period for the investors in Aedifica. The stock gained around 16 percent. Aedifica' stock lost the past 5 years at around 0 percent. Aedifica's revenues between 2011 and 2015 were very volatile through the time and moved between 34,28 million euros and 49,85 million euros. Aedifica's net results between 2011 and 2015 were far from constant and moved between 25,32 million euros and 45,16 million euros.

The Belgian company paid out dividends in the past 5 years. On average the Aedifica stock yielded a delivered a dividend yield of around 9,34 percent over the past 5 years.

At the end of 2015 around 31 people were employed at Aedifica.

Aedifica financed with a quite low debt position

At the end of 2015 the real estate company's balance sheet equaled 1,02 billion euros. The total debt was around 422,01 million euros. This is 41,36 percent of the total balance sheet. The Belgian company's price/earnings-ratio was 13. So the market valued the stock at 13 times the 2015' earnings per share. We could say that based on it's price/earnings-ratio and dividend yield the Belgian stock can be seen as a value stock.

At the end of 2015 the Belgian company's market capitalization equaled around 648,07 million euros. At the end of 2015 the Belgian company had around 10,66 million stocks listed.

All Aedifica's financial reports are available here. More information about Aedifica can be found it's website. .


Results Aedifica

Results
2015
2016
2017
2018
2019
2020
Revenue
50
60
79
92
118
256
Costs
5
20
16
20
-5
83
Profit
45
40
63
72
124
173
Margin of profit
90.61
67.35
80.26
78.45
104.33
67.56
ROI
7.55
6.49
7.13
7.63
8.64
7.97

Balance Aedifica

Balance
2015
2016
2017
2018
2019
2020
Equity
598
621
888
942
1,430
2,170
Debt
422
552
682
825
957
1,897
Total assets
1,020
1,173
1,570
1,767
2,386
4,067
Solvency
58.64
52.91
56.56
53.30
59.91
53.36
Cash
4
5
8
11
15
24
Cashflow
37
50
69
85
89
181
Employees
31
30
30
0
0
Revenue per employee
1.61
1.99
2.63
0.0
0.0
Cashflow / Debt
0.09
0.09
0.10
0.10
0.09
0.10

Details Aedifica

Details
2016
2017
2018
2019
2020
Price
54.67
64.17
73.07
73.05
110.57
Eps
2.57
3.86
3.71
6.26
6.53
Price/earnings-ratio
21.27
16.62
19.70
11.67
8.90
Dividend
1.38
1.74
1.97
2.23
3.85
Dividend %
2.52 %
2.71 %
2.70 %
3.05 %
6.63 %
Payout %
0.54
0.45
0.53
0.36
0.59
Book value
39.49
45.85
48.02
56.76
65.59
Market to book
0.72
0.71
0.66
0.78
1.13
Cashflow per stock
3.19
3.57
4.33
3.52
5.47
Stocks
16
19
20
25
33
Market Cap
859.46
1.242.75
1.432.82
1.839.79
1.922.33

Dividend Aedifica


Price info Aedifica

Date
Price
13 Nov 2024
58.10
08 Nov 2024
57.90
05 Nov 2024
58.15
31 Oct 2024
60.00
29 Oct 2024
60.60
23 Oct 2024
60.95
19 Oct 2024
63.00
16 Oct 2024
64.10
14 Oct 2024
62.60
05 Oct 2024
62.55
02 Oct 2024
63.70
27 Sep 2024
64.00
20 Sep 2024
63.30
17 Sep 2024
64.30
13 Sep 2024
64.85
28 Aug 2024
61.80
26 Aug 2024
62.70
23 Aug 2024
61.35
11 Aug 2024
60.65
07 Aug 2024
60.15
05 Aug 2024
59.00
01 Aug 2024
58.80
30 Jul 2024
60.10
26 Jul 2024
59.65
23 Jul 2024
60.80
16 Jul 2024
59.80
10 Jul 2024
58.45
09 Jul 2024
57.55
04 Jul 2024
57.85
02 Jul 2024
57.00