(CTPNV) CTP - Ratings and Ratios
Industrial, Office, Retail, Hotel, Solar
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.47% |
| Yield on Cost 5y | 5.06% |
| Yield CAGR 5y | 49.23% |
| Payout Consistency | 100.0% |
| Payout Ratio | 24.0% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 21.2% |
| Value at Risk 5%th | 33.8% |
| Relative Tail Risk | -2.89% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.81 |
| Alpha | 18.19 |
| CAGR/Max DD | 0.78 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.412 |
| Beta | -0.037 |
| Beta Downside | -0.038 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.19% |
| Mean DD | 5.83% |
| Median DD | 4.65% |
Description: CTPNV CTP November 04, 2025
CTP N.V. (AS:CTPNV) is a Dutch-registered real-estate developer and operator that focuses on industrial, office, retail, hotel, and solar-energy assets across Western, Central, and Eastern Europe. Its portfolio includes warehousing, manufacturing, R&D facilities, city-center office campuses, and solar farms, which it develops, owns, leases, or sub-leases through a network of subsidiaries.
Key performance indicators (as of the most recent FY 2023 filing) show an average occupancy rate of roughly 94 % across its industrial assets, a weighted-average lease term of 7.5 years, and a net operating income (NOI) growth of 5.2 % year-over-year. The balance sheet is characterized by a net debt-to-EBITDA ratio of about 3.1×, reflecting a moderate leverage profile for a European real-estate operator.
The sector is currently driven by sustained e-commerce expansion, which fuels demand for logistics and last-mile distribution space, and by the EU’s “Fit for 55” climate agenda that incentivizes renewable-energy projects such as CTP’s solar portfolio. However, the company’s earnings remain sensitive to European interest-rate cycles; a 100 bp rise in benchmark rates could compress cap rates and pressure valuation multiples.
For a deeper quantitative view, the ValueRay platform offers a granular breakdown of CTP’s cash-flow metrics and comparable peer multiples.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (1.17b TTM) > 0 and > 6% of Revenue (6% = 55.3m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA -0.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 11.98% (prev 85.55%; Δ -73.57pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.02 (>3.0%) and CFO 314.5m <= Net Income 1.17b (YES >=105%, WARN >=100%) |
| Net Debt (7.69b) to EBITDA (634.6m) ratio: 12.11 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.11 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (479.3m) change vs 12m ago 5.75% (target <= -2.0% for YES) |
| Gross Margin 79.08% (prev 81.19%; Δ -2.11pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 5.27% (prev 4.56%; Δ 0.71pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.25 (EBITDA TTM 634.6m / Interest Expense TTM 275.4m) >= 6 (WARN >= 3) |
Altman Z'' 1.58
| (A) 0.01 = (Total Current Assets 1.15b - Total Current Liabilities 1.04b) / Total Assets 18.57b |
| (B) 0.25 = Retained Earnings (Balance) 4.73b / Total Assets 18.57b |
| (C) 0.04 = EBIT TTM 618.8m / Avg Total Assets 17.51b |
| (D) 0.45 = Book Value of Equity 4.73b / Total Liabilities 10.58b |
| Total Rating: 1.58 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 65.08
| 1. Piotroski 2.0pt |
| 2. FCF Yield 1.77% |
| 3. FCF Margin 31.11% |
| 4. Debt/Equity 1.07 |
| 5. Debt/Ebitda 12.11 |
| 6. ROIC - WACC (= -0.14)% |
| 7. RoE 15.65% |
| 8. Rev. Trend 94.96% |
| 9. EPS Trend 39.56% |
What is the price of CTPNV shares?
Over the past week, the price has changed by -0.34%, over one month by -2.33%, over three months by -1.01% and over the past year by +20.47%.
Is CTPNV a buy, sell or hold?
What are the forecasts/targets for the CTPNV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 22.2 | 26.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.2 | 14.9% |
CTPNV Fundamental Data Overview December 10, 2025
Market Cap EUR = 8.49b (8.49b EUR * 1.0 EUR.EUR)
P/E Trailing = 6.949
P/E Forward = 19.802
P/S = 8.8716
P/B = 1.0418
P/EG = 2.7596
Beta = 0.883
Revenue TTM = 922.1m EUR
EBIT TTM = 618.8m EUR
EBITDA TTM = 634.6m EUR
Long Term Debt = 7.84b EUR (from longTermDebt, last quarter)
Short Term Debt = 693.2m EUR (from shortLongTermDebt, last quarter)
Debt = 8.54b EUR (Calculated: Short Term 693.2m + Long Term 7.84b)
Net Debt = 7.69b EUR (from netDebt column, last quarter)
Enterprise Value = 16.18b EUR (8.49b + Debt 8.54b - CCE 848.4m)
Interest Coverage Ratio = 2.25 (Ebit TTM 618.8m / Interest Expense TTM 275.4m)
FCF Yield = 1.77% (FCF TTM 286.9m / Enterprise Value 16.18b)
FCF Margin = 31.11% (FCF TTM 286.9m / Revenue TTM 922.1m)
Net Margin = 127.3% (Net Income TTM 1.17b / Revenue TTM 922.1m)
Gross Margin = 79.08% ((Revenue TTM 922.1m - Cost of Revenue TTM 192.9m) / Revenue TTM)
Gross Margin QoQ = 83.82% (prev 82.69%)
Tobins Q-Ratio = 0.87 (Enterprise Value 16.18b / Total Assets 18.57b)
Interest Expense / Debt = 0.86% (Interest Expense 73.2m / Debt 8.54b)
Taxrate = 18.70% (98.8m / 528.3m)
NOPAT = 503.1m (EBIT 618.8m * (1 - 18.70%))
Current Ratio = 1.11 (Total Current Assets 1.15b / Total Current Liabilities 1.04b)
Debt / Equity = 1.07 (Debt 8.54b / totalStockholderEquity, last quarter 7.99b)
Debt / EBITDA = 12.11 (Net Debt 7.69b / EBITDA 634.6m)
Debt / FCF = 26.79 (Net Debt 7.69b / FCF TTM 286.9m)
Total Stockholder Equity = 7.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.32% (Net Income 1.17b / Total Assets 18.57b)
RoE = 15.65% (Net Income TTM 1.17b / Total Stockholder Equity 7.50b)
RoCE = 4.03% (EBIT 618.8m / Capital Employed (Equity 7.50b + L.T.Debt 7.84b))
RoIC = 3.14% (NOPAT 503.1m / Invested Capital 16.00b)
WACC = 3.28% (E(8.49b)/V(17.03b) * Re(5.88%) + D(8.54b)/V(17.03b) * Rd(0.86%) * (1-Tc(0.19)))
Discount Rate = 5.88% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 15.14%
[DCF Debug] Terminal Value 79.99% ; FCFE base≈311.5m ; Y1≈352.6m ; Y5≈479.1m
Fair Price DCF = 17.31 (DCF Value 8.30b / Shares Outstanding 479.3m; 5y FCF grow 15.33% → 3.0% )
EPS Correlation: 39.56 | EPS CAGR: 49.30% | SUE: -1.27 | # QB: 0
Revenue Correlation: 94.96 | Revenue CAGR: 25.56% | SUE: -0.11 | # QB: 0
EPS next Year (2026-12-31): EPS=0.98 | Chg30d=-0.001 | Revisions Net=+0 | Growth EPS=+13.8% | Growth Revenue=+16.2%