CTPNV Stock Analysis: CTP | AS
Real Estate - Development | AS, Netherlands | Market Cap: 7.809m EUR | 12M Return: -13.2% | NL00150006R6 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.85M
EPS Trend: 75.6%
Rev. Trend: 98.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
CTP N.V. is a Dutch-based real estate company that operates as Europes largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area. The company focuses on the industrial and logistics property sector, developing and managing large-scale warehouses and distribution facilities across 10 countries, with 13.8 million sqm of GLA as at 30 September 2025.
CTP emphasizes sustainability in its operations, certifying all new buildings to BREEAM Very Good or better and earning a negligible-risk ESG rating from Sustainalytics. The company was founded in 1998, is headquartered in Amsterdam, and operates as a subsidiary of CTP Holding B.V.
- European e-commerce demand lifts logistics warehouse occupancy and rental growth
- ECB rate cuts boost industrial REIT valuations and lower debt costs
- Pan-European expansion accelerates GLA growth and development pipeline
| Net Income: 1.10b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.49 > 1.0 |
| NWC/Revenue: 20.57% < 20% (prev 92.68%; Δ -72.10% < -1%) |
| CFO/TA 0.01 > 3% & CFO 298.2m > Net Income 1.10b |
| Net Debt (8.80b) to EBITDA (1.53b): 5.77 < 3 |
| Current Ratio: 1.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (483.0m) vs 12m ago 0.87% < -2% |
| Gross Margin: 79.11% > 18% (prev 78.31%; Δ 0.80% > 0.5%) |
| Asset Turnover: 5.11% > 50% (prev 4.80%; Δ 0.31% > 0%) |
| Interest Coverage Ratio: 4.73 > 6 (EBIT TTM 1.51b / Interest Expense TTM 318.5m) |
| A: 0.01 (Total Current Assets 1.09b - Total Current Liabilities 882.5m) / Total Assets 20.3b |
| B: 0.27 (Retained Earnings 5.40b / Total Assets 20.3b) |
| C: 0.08 (EBIT TTM 1.51b / Avg Total Assets 19.5b) |
| D: 0.75 (Book Value of Equity 8.68b / Total Liabilities 11.6b) |
| Altman-Z'' = 2.24 = BBB |
| DSRI: 1.23 (Receivables 386.1m/282.6m, Revenue 998.9m/902.6m) |
| GMI: 0.99 (GM 78.31% / 79.11%) |
| AQI: 1.07 (AQ_t 0.93 / AQ_t-1 0.87) |
| SGI: 1.11 (Revenue 998.9m / 902.6m) |
| TATA: 0.04 (NI 1.10b - CFO 298.2m) / TA 20.3b) |
| Beneish M = -2.72 (Cap -4..+1) = A |
As of August 07, 2026, the stock is trading at EUR 15.46 with a total of 242,809 shares traded. Over the past week, the price has changed by -6.98%, over one month by -8.30%, over three months by -1.92% and over the past year by -13.17%.
Current recommended Stop Loss: 14.90 (which is 3.6% or 1.6 ATR below the current price).
CTP has no consensus analysts rating.
P/E Trailing = 7.0306
P/E Forward = 16.2075
P/S = 7.7851
P/B = 0.9288
P/EG = 2.7596
Revenue TTM = 998.9m EUR
EBIT TTM = 1.51b EUR
EBITDA TTM = 1.53b EUR
Long Term Debt = 8.49b EUR (from longTermDebt, last quarter)
Short Term Debt = 882.5m EUR (from shortTermDebt, last quarter)
Debt = 9.44b EUR (from shortLongTermDebtTotal, last quarter) + Leases 57.7m
Net Debt = 8.80b EUR (calculated: Debt 9.44b - CCE 633.0m)
Enterprise Value = 16.6b EUR (7.81b + Debt 9.44b - CCE 633.0m)
Interest Coverage Ratio = 4.73 (Ebit TTM 1.51b / Interest Expense TTM 318.5m)
EV/FCF = 83.52x (Enterprise Value 16.6b / FCF TTM 198.9m)
FCF Yield = 1.20% (FCF TTM 198.9m / Enterprise Value 16.6b)
FCF Margin = 19.91% (FCF TTM 198.9m / Revenue TTM 998.9m)
Net Margin = 109.9% (Net Income TTM 1.10b / Revenue TTM 998.9m)
Gross Margin = 79.11% ((Revenue TTM 998.9m - Cost of Revenue TTM 208.7m) / Revenue TTM)
Gross Margin QoQ = 80.19% (prev 74.66%)
Tobins Q-Ratio = 0.82 (Enterprise Value 16.6b / Total Assets 20.3b)
Interest Expense / Debt = 3.38% (Interest Expense 318.5m / Debt 9.44b)
Taxrate = 20.83% (289.0m / 1.39b)
NOPAT = 1.19b (EBIT 1.51b * (1 - 20.83%))
Current Ratio = 1.23 (Total Current Assets 1.09b / Total Current Liabilities 882.5m)
Debt / Equity = 1.09 (Debt 9.44b / totalStockholderEquity, last quarter 8.68b)
Debt / EBITDA = 5.77 (Net Debt 8.80b / EBITDA 1.53b)
Debt / FCF = 44.25 (Net Debt 8.80b / FCF TTM 198.9m)
Total Stockholder Equity = 8.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.62% (Net Income 1.10b / Total Assets 20.3b)
RoE = 13.16% (Net Income TTM 1.10b / Total Stockholder Equity 8.34b)
RoCE = 8.96% (EBIT 1.51b / Capital Employed (Equity 8.34b + L.T.Debt 8.49b))
RoIC = 5.90% (NOPAT 1.19b / Invested Capital 20.2b)
WACC = 4.24% (E(7.81b)/V(17.2b) * Re(6.13%) + D(9.44b)/V(17.2b) * Rd(3.38%) * (1-Tc(0.21)))
Discount Rate = 6.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.12 | Cagr: 3.38%
[DCF] Terminal Value 73.10% ; FCFF base≈229.9m ; Y1≈201.6m ; Y5≈162.9m
[DCF] Fair Price = N/A (negative equity: EV 2.62b - Net Debt 8.80b = -6.19b; debt exceeds intrinsic value)
EPS Correlation: 75.60 | EPS CAGR: 11.98% | SUE: N/A | # QB: 0
Revenue Correlation: 98.52 | Revenue CAGR: 20.00% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=1.00 | Chg30d=+0.02% | Revisions=-25% | GrowthEPS=+18.2% | GrowthRev=+4.3%
EPS next Year (2027-12-31): EPS=1.11 | Chg30d=+0.12% | Revisions=-50% | GrowthEPS=+10.2% | GrowthRev=+13.0%
[Analyst] Revisions Ratio: -57% (up=0, down=4)