COL Stock Analysis: Inmobiliaria Colonial | MC

REIT - Office | MC, Spain | Market Cap: 3.362m EUR | 12M Return: 6.7% | ES0139140174 | Charts, Fundamentals & Technical Analysis

Office Properties, Commercial Buildings, Property Leasing, Asset Management
Total Rating 45
Safety 58
Buy Signal -0.47
REIT - Office
Industry Rotation: -6.4
Market Cap: 3.91B
Avg Turnover: 4.04M
Risk 3d forecast
Volatility17.3%
VaR 5th Pctl3.07%
VaR vs Median7.66%
Reward TTM
Sharpe Ratio0.15
Rel. Str. IBD49.2
Rel. Str. Peer Group55.3
Character TTM
Beta0.074
Beta Downside-0.092
Hurst Exponent0.518
Drawdowns 3y
Max DD26.37%
CAGR/Max DD0.28
CAGR/Mean DD0.66
EPS (Earnings per Share) EPS (Earnings per Share) of COL over the last years for every Quarter: "2021-09": 0.07, "2021-12": 0.07, "2022-03": 0.07, "2022-06": 0.07, "2022-09": 0.08, "2022-12": 0.08, "2023-03": 0.07, "2023-06": 0.09, "2023-09": 0.08, "2023-12": 0.08, "2024-03": 0.09, "2024-06": 0.08, "2024-09": 0.09, "2024-12": 0.07, "2025-03": null, "2025-06": 0.08, "2025-09": 0.08, "2025-12": 0.09, "2026-03": 0.09, "2026-06": 0.0904,
EPS CAGR: 1.58%
EPS Trend: 43.0%
Last SUE: 0.03
Qual. Beats: 0
Revenue Revenue of COL over the last years for every Quarter: 2021-09: 78.11, 2021-12: 164.781, 2022-03: 82, 2022-06: 176.239, 2022-09: 89.078, 2022-12: 194.678, 2023-03: 90.3, 2023-06: 195.113, 2023-09: 90.065, 2023-12: 108.282, 2024-03: 95.8, 2024-06: 201.985, 2024-09: -4.985, 2024-12: 209.612, 2025-03: 97.2, 2025-06: 104.73, 2025-09: 93.77, 2025-12: 215.391, 2026-03: 103.5, 2026-06: 218.486,
Rev. CAGR: 3.07%
Rev. Trend: 22.2%
Last SUE: 1.77
Qual. Beats: 1

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +3.1% 16
Feb -0.4% 17
Mar +0.6% 5
Apr +0.9% 19
May +2.1% 19
Jun -1.2% 29
Jul +1.9% 29
Aug -0.2% 2
Sep -1.3% 14
Oct -1.2% 15
Nov -1.0% 14
Dec +2.8% 31

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.

Description: COL Inmobiliaria Colonial

Colonial SFL, Socimi S.A. (COL) is a Spanish real estate company structured as a SOCIMI (Sociedad Cotizada de Inversión en el Mercado Inmobiliario), Spains REIT-equivalent regime that offers tax advantages in exchange for mandatory dividend distributions. The company operates within the GICS Office REITs sub-industry and holds a leading position in Europes prime commercial real estate market, with properties concentrated in the main business districts of Barcelona, Madrid, and Paris, and a portfolio valued at more than 12 billion euros.

The group follows a long-term strategy focused on asset appreciation and serving a high-quality client base, and intends to continue driving urban transformation in European city centers. Office REITs like Colonial typically generate revenue through long-duration leases with corporate tenants in central business districts, where supply constraints and concentrated demand tend to support occupancy and rental pricing.

Headlines to Watch Out For
  • Paris prime office rents surge on tight vacancy
  • ECB rate cuts compress prime office REIT yields
  • Madrid CBD occupancy recovers as hybrid work stabilizes
Piotroski VR-10 (Strict) 3.0
Net Income: 369.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.53 > 1.0
NWC/Revenue: -80.28% < 20% (prev -288.4%; Δ 208.1% < -1%)
CFO/TA 0.01 > 3% & CFO 185.2m > Net Income 369.6m
Net Debt (4.70b) to EBITDA (683.3m): 6.87 < 3
Current Ratio: 0.55 > 1.5 & < 3
Outstanding Shares: last quarter (627.3m) vs 12m ago 1.94% < -2%
Gross Margin: 87.94% > 18% (prev 77.29%; Δ 10.65% > 0.5%)
Asset Turnover: 5.09% > 50% (prev 3.34%; Δ 1.75% > 0%)
Interest Coverage Ratio: 6.82 > 6 (EBIT TTM 676.5m / Interest Expense TTM 99.2m)
Altman Z'' 1.69
A: -0.04 (Total Current Assets 623.8m - Total Current Liabilities 1.13b) / Total Assets 12.6b
B: 0.16 (Retained Earnings 2.03b / Total Assets 12.6b)
C: 0.05 (EBIT TTM 676.5m / Avg Total Assets 12.4b)
D: 1.01 (Book Value of Equity 5.86b / Total Liabilities 5.79b)
Altman-Z'' = 1.69 = BB
Beneish M -2.78
DSRI: 0.96 (Receivables 80.4m/54.0m, Revenue 631.1m/406.6m)
GMI: 0.88 (GM 77.29% / 87.94%)
AQI: 0.98 (AQ_t 0.95 / AQ_t-1 0.97)
SGI: 1.55 (Revenue 631.1m / 406.6m)
TATA: 0.01 (NI 369.6m - CFO 185.2m) / TA 12.6b)
Beneish M = -2.78 (Cap -4..+1) = A
What is the price of COL shares?

As of September 05, 2026, the stock is trading at EUR 5.31 with a total of 669,388 shares traded. Over the past week, the price has changed by -1.21%, over one month by -5.94%, over three months by +7.03% and over the past year by +6.74%.

Current recommended Stop Loss: 5.10 (which is 4% or 2.6 ATR below the current price).

Is COL a buy, sell or hold?

Inmobiliaria Colonial has no consensus analysts rating.

Inmobiliaria Colonial (COL) - Fundamental Data Overview as of 01 September 2026
Market Cap USD = 3.91b (3.36b EUR * 1.1624 EUR.USD)
P/E Trailing = 10.1321
P/E Forward = 15.4083
P/S = 7.7114
P/B = 0.576
Revenue TTM = 631.1m EUR
EBIT TTM = 676.5m EUR
EBITDA TTM = 683.3m EUR
Long Term Debt = 4.39b EUR (from longTermDebt, last quarter)
Short Term Debt = 681.9m EUR (from shortTermDebt, last quarter)
Debt = 5.09b EUR (from shortLongTermDebtTotal, last quarter) + Leases 11.5m
Net Debt = 4.70b EUR (calculated: Debt 5.09b - CCE 393.4m)
Enterprise Value = 8.06b EUR (3.36b + Debt 5.09b - CCE 393.4m)
Interest Coverage Ratio = 6.82 (Ebit TTM 676.5m / Interest Expense TTM 99.2m)
EV/FCF = 44.28x (Enterprise Value 8.06b / FCF TTM 182.0m)
FCF Yield = 2.26% (FCF TTM 182.0m / Enterprise Value 8.06b)
FCF Margin = 28.84% (FCF TTM 182.0m / Revenue TTM 631.1m)
Net Margin = 58.56% (Net Income TTM 369.6m / Revenue TTM 631.1m)
Gross Margin = 87.94% ((Revenue TTM 631.1m - Cost of Revenue TTM 76.1m) / Revenue TTM)
Gross Margin QoQ = 83.28% (prev 79.71%)
Tobins Q-Ratio = 0.64 (Enterprise Value 8.06b / Total Assets 12.6b)
Interest Expense / Debt = 1.95% (Interest Expense 99.2m / Debt 5.09b)
Taxrate = 2.48% (10.7m / 431.9m)
NOPAT = 659.7m (EBIT 676.5m * (1 - 2.48%))
Current Ratio = 0.55 (Total Current Assets 623.8m / Total Current Liabilities 1.13b)
Debt / Equity = 0.87 (Debt 5.09b / totalStockholderEquity, last quarter 5.86b)
Debt / EBITDA = 6.87 (Net Debt 4.70b / EBITDA 683.3m)
Debt / FCF = 25.81 (Net Debt 4.70b / FCF TTM 182.0m)
Total Stockholder Equity = 6.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.98% (Net Income 369.6m / Total Assets 12.6b)
RoE = 5.84% (Net Income TTM 369.6m / Total Stockholder Equity 6.32b)
RoCE = 6.31% (EBIT 676.5m / Capital Employed (Equity 6.32b + L.T.Debt 4.39b))
RoIC = 5.44% (NOPAT 659.7m / Invested Capital 12.1b)
WACC = 3.63% (E(3.36b)/V(8.45b) * Re(6.24%) + D(5.09b)/V(8.45b) * Rd(1.95%) * (1-Tc(0.02)))
Discount Rate = 6.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.15 | Cagr: 6.92%
[DCF] Terminal Value 73.10% ; FCFF base≈253.9m ; Y1≈222.6m ; Y5≈179.9m
 [DCF] Fair Price = N/A (negative equity: EV 2.89b - Net Debt 4.70b = -1.81b; debt exceeds intrinsic value)
 EPS Correlation: 42.97 | EPS CAGR: 1.58% | SUE: 0.03 | # QB: 0
Revenue Correlation: 22.19 | Revenue CAGR: 3.07% | SUE: 1.77 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.09 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.35 | Chg30d=+0.93% | Revisions=+0% | GrowthEPS=+3.3% | GrowthRev=+4.1%
EPS next Year (2027-12-31): EPS=0.37 | Chg30d=+0.30% | Revisions=+0% | GrowthEPS=+6.8% | GrowthRev=+6.4%
[Analyst] Revisions Ratio: +0% (up=2, down=2)