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Prodea Real Estate Investment Co. SA

Prodea Real Estate Investment Co. SA

AATHEX:PRODEA
3.02
EUR
+0.04
(+1.34%)
1.95BMarket Cap
Prodea Real Estate Investment Co. SA
ATHEX:PRODEA
(Athens Stock Exchange)

Recent

price

3.02

P/E

ratio

- -

div

yld

9.41%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
0.55
0.46
0.47
0.53
0.38
0.43
0.45
0.46
0.48
0.53
0.52
0.53
0.73
0.66
0.89
0.87
- -
Revenue per Share
0.24
0.03
0.13
-0.17
0.72
0.17
0.21
0.33
0.45
1.15
0.23
0.7
0.5
0.34
0.49
0.04
- -
Basic EPS, GAAP
0.04
0.86
0.43
0.46
0.33
0.18
0.26
0.29
0.28
0.35
0.26
0.18
0.35
0.09
0.07
-0.12
- -
Free Cash Flow per Basic Share
- -
0.23
- -
0.15
0.23
0.2
0.27
0.22
0.22
0.51
0.44
0.32
0.28
0.26
0.61
0.46
0.28
Dividend per Share
6.44
6.24
6.37
5.63
6.58
4.67
4.68
4.81
5.04
5.55
5.35
5.46
5.74
5.84
5.78
5.42
5.8
Book Value per Share
6.44
6.23
6.37
5.63
6.58
4.67
4.68
4.81
5.04
5.5
5.35
5.46
5.74
5.84
5.71
5.34
5.8
Tangible Book Value per Share
148
148
148
148
248
255
255
255
255
255
255
255
255
255
255
255
252
Basic Weighted Avg Shares
80
68
70
79
93
111
115
118
121
136
134
134
187
169
228
222
- -
Sales/Revenue/Turnover
91.88
94.1
94.86
95.18
89.93
79.39
85.15
83.27
81.38
80.25
70.97
67.4
54.96
68.2
44.13
35.66
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
5
1
1
1
8
8
- -
Depreciation Expense
36
4
20
-26
178
43
53
84
115
294
58
178
129
87
125
10
- -
Net Income, GAAP
5.92
35.01
8.11
- -
0.83
3.16
11.27
11.86
9.61
4.51
3.47
1.81
0.69
12.1
9.11
49.41
- -
Effective Tax Rate (%)
44.84
5.67
28.25
-32.35
190.86
38.57
46.32
70.96
94.84
216.81
43
132.55
68.82
51.57
54.72
4.67
- -
Profit Margin (%)
66
97
167
164
164
94
34
-23
-385
107
-243
181
114
-43
694
660
244
Working Capital
- -
- -
- -
51
320
387
345
345
112
840
299
1,050
1,221
962
1,226
828
1,187
LT Debt
950
920
939
1,036
1,260
1,194
1,195
1,228
1,287
1,461
1,403
1,526
1,573
1,585
1,640
1,463
1,585
Total Equity
- -
0.18
1.57
- -
13.69
3.91
4.49
6.26
7.5
14.55
3.74
7.2
3.57
4.91
5.6
1.82
- -
Return on Invested Capital (%)
- -
0.41
2.13
- -
14.01
3.95
4.53
6.16
7.52
14.98
3.75
7.98
5.99
5.44
6.82
1.4
- -
Return on Capital (%)
- -
0.41
2.13
-2.59
15.48
3.49
4.48
6.91
9.16
21.73
4.14
12.88
8.99
5.89
8.39
0.73
- -
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
ST Debt
17
129
204
LT Borrowings
1,272
1,221
1,187
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
255
255
255
Market Capitalization
2,223
2,223
1,955

Working Capital

EUR

•

in mil. unless spec.
Sep'22
Dec'22
Jun'23
Total Current Assets
356
315
501
Cash, Cash Equivalents & STI
217
173
144
Accounts Receivable, Net
47
68
105
Inventories
52
17
21
Total Current Liabilities
65
201
257
Payables & Accruals
- -
- -
- -
ST Debt
17
129
204
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.25%
1.06%
-10.79%
Free Cash Flow
-23.96%
-57.83%
-264.03%
Net Income, GAAP
29.43%
20.06%
-91.67%
Sales/Revenue/Turnover
8.18%
12.43%
-2.45%
Total Cash Common Dividend
19.85%
12.74%
-24.54%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
169
2024
- -
- -
228
2025
- -
- -
222

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.34
2024
- -
- -
0.49
2025
- -
- -
0.04

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.26
2024
- -
- -
0.61
2025
- -
- -
0.46
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Business
Prodea Real Estate Investment Company Societe Anonyme is a Greece-based real estate investment company engaged in the acquisition, development, commercial leasing, and asset management of a diversified property portfolio. The company offers a systematic range of real estate assets and property management services, comprising prime Grade A and energy-efficient office properties; modern logistics hubs, warehouses, and distribution centers; luxury hospitality assets, hotel resorts, and boutique urban lodging; high-street retail stores, big-box retail units, and commercial supermarket facilities; and residential properties, including build-to-rent developments and student accommodation. In addition, the firm provides active property portfolio optimization, real estate redevelopment, and specialized tenant leasing solutions. Prodea operates primarily in Greece, with selective investments and operational holdings across Cyprus, Italy, and Southeast Europe. Founded in 2006 and headquartered in Athens, Greece, the company operates as a subsidiary within the investment portfolio of Invel Real Estate and affiliated institutional investors. In recent corporate developments, Prodea has advanced a strategic portfolio transition toward high-sustainability assets, directing capital expenditures into LEED- and BREEAM-certified green office and logistics projects while scaling its luxury hospitality footprint through joint ventures and partnerships with international operators. The company has also executed targeted asset rationalization programs, divesting non-core commercial bank branch networks and mature retail properties to reallocate capital into high-yield logistics hubs, urban regeneration projects, and sustainable development pipelines financed through sustainability-linked credit facilities and green bond issuances.