1. Hungary Stocks

  2. •

    Finance

  3. •

    Real estate investment trusts
SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag

BBUD:SUNDELL
56,000.00
HUF
+3,000.00
(+5.66%)
76.61BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
6,594.25
4,582.31
7,104.52
11,624.29
14,536.47
6,865.62
- -
Basic EPS, GAAP
- -
2,837.67
2,959.28
3,420.57
2,634.94
2,057.12
382.83
- -
Free Cash Flow per Basic Share
-660.28
-8,621.44
-7,788.57
-1,563.69
-8,226.56
1,286.7
2,314.96
- -
Dividend per Share
- -
- -
- -
- -
1,917.63
2,513.97
2,250
- -
Book Value per Share
-265.4
9,776.47
12,319.26
13,579.68
21,243.65
20,866.72
18,905.66
17,677.4
Tangible Book Value per Share
-265.48
9,776.46
12,318.63
13,579.18
21,239.61
20,860.07
18,897.04
17,669.23
Basic Weighted Avg Shares
1
1
1
1
1
1
1
1
Sales/Revenue/Turnover
- -
6,594
4,660
8,490
15,936
20,816
9,832
- -
Operating Margin (%)
- -
31.64
11.03
24.95
8.95
7.08
-12.98
- -
Depreciation Expense
- -
2
127
1
2
3
4
- -
Net Income, GAAP
- -
2,838
3,010
4,088
3,612
2,946
548
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
0.24
2.61
- -
Profit Margin (%)
- -
43.03
64.58
48.15
22.67
14.15
5.58
- -
Working Capital
2,563
12,491
15,426
28,369
22,055
28,722
22,997
30,549
LT Debt
2,828
2,402
10,265
15,561
15,935
15,951
12,889
12,978
Total Equity
-265
9,776
14,722
16,228
30,421
29,881
27,073
25,314
Return on Invested Capital (%)
- -
23.62
15.52
14.36
9.02
6.68
1.27
- -
Return on Capital (%)
- -
30.2
15.95
14.82
9.24
7.05
1.7
- -
Return on Common Equity (%)
- -
- -
24.57
26.41
15.49
9.77
1.93
- -

Capital Structure

HUF

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
ST Debt
458
3,685
3,300
LT Borrowings
16,519
12,889
12,978
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1
1
1
Market Capitalization
71,600
63,581
76,612

Working Capital

HUF

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
Total Current Assets
34,710
45,069
58,827
Cash, Cash Equivalents & STI
328
2,078
837
Accounts Receivable, Net
1,063
1,087
1,049
Inventories
25,772
28,382
32,420
Total Current Liabilities
8,398
22,073
28,278
Payables & Accruals
- -
- -
- -
ST Debt
458
3,685
3,300
Deferred Revenue
- -
- -
- -

Growth Rates

HUF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.42%
-9.4%
Free Cash Flow
- -
76.52%
79.91%
Net Income, GAAP
- -
-13.92%
-81.39%
Sales/Revenue/Turnover
- -
23.68%
-52.77%
Total Cash Common Dividend
- -
- -
-10.5%

Semi-annual Revenue

HUF

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
20,816
2024
- -
- -
9,832
2025
- -
- -
- -

Semi-annual Earnings Per Share

HUF

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,057.12
2024
- -
- -
382.83
2025
- -
- -
- -

Semi-annual Dividends Per Share

HUF

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,513.97
2024
- -
- -
2,250
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
András Piukovics
Sector
Finance
Industry
Real estate investment trusts
Address
Budapest Hungary
IPO Date
Jun 22, 2020
Website
sundell.hu
Similar Companies
Realty Income Corporation (NYSE:O)
Emlak Konut Gayrimenkul Yatirim Ortakligi A.S. (BIST:EKGYO)
Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)
AGNC Investment Corp. (NASDAQ:AGNC)
Prologis, Inc. (NYSE:PLD)
American Tower Corporation (REIT) (NYSE:AMT)
Business
SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag is a Hungary-based real estate development and investment company operating as a Regulated Real Estate Investment Company (SZIT/REIT). The company focuses on the development, construction, sale, and leasing of mid-to-high-end residential complexes and commercial real estate assets, primarily across metropolitan and suburban districts of Budapest. SunDell Estate offers a comprehensive suite of real estate products and services, including: residential real estate development, encompassing land acquisition, feasibility analysis, architectural planning, and general contracting for master-planned multi-unit condominium projects such as Paskal Garden, Paskal Rose, and SunDell Port; residential property sales, comprising the direct commercialization and sale of newly developed apartments, penthouses, ground-floor retail units, underground parking spaces, and private storage units; commercial leasing and asset management, involving the long-term rental, operation, and facility management of retail premises, office spaces, and institutional accommodation facilities; and land bank expansion, focusing on the procurement, legal rezoning, and infrastructural preparation of greenfield and brownfield development sites. In recent developments, SunDell Estate entered into purchase agreements in July 2026 to acquire strategic property parcels on Nagykőrösi út in Budapest District XX, concurrently securing a EUR 7.0 million revolving credit facility from Oberbank AG to fund ongoing operations and working capital requirements. In November 2025, the company acquired a 100% equity stake in Olive Garden Kft., integrating a prime residential development land bank exceeding 2.5 hectares in Budapest District III into its portfolio, which followed the divestment of its 100% stake in Sevilla 47 Invest Kft. in November 2024. Additionally, the company completed a registered capital increase via non-cash in-kind contribution of dormitory real estate assets and approved a corporate dividend distribution exceeding HUF 3.2 billion (HUF 2,250 per share) for the 2025 financial year. Founded in 2018 through the legal transformation of Nerium Park Kft. and listed on the Budapest Stock Exchange in June 2020, SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag is headquartered in Budapest, Hungary.