Cemat A/S

Cemat A/S

CCPH:CEMAT
0.86
DKK
-0.01
(-0.69%)
-0.16EPS
150.51MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.59
0.52
0.03
0.05
0.13
0.16
0.14
0.08
0.09
0.11
0.13
0.16
0.66
0.3
Basic EPS, GAAP
-0.02
-0.08
-0.17
-0.1
-0.01
- -
0.02
0.01
0.1
0.08
0.04
0.05
0.25
-0.25
Free Cash Flow per Basic Share
-0.01
-0.04
-0.01
-0.13
- -
- -
0.01
0.01
- -
-0.03
0.01
-0.03
0.21
-0.06
Dividend per Share
- -
- -
- -
- -
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.71
0.62
0.46
0.36
0.38
0.37
0.4
0.38
0.48
0.55
0.64
0.7
0.96
0.32
Tangible Book Value per Share
0.59
0.5
0.37
0.36
0.38
0.37
0.4
0.38
0.48
0.55
0.64
0.7
0.96
0.3
Basic Weighted Avg Shares
528
528
528
530
304
250
250
250
250
250
250
250
250
528
Sales/Revenue/Turnover
312
272
14
25
39
39
35
20
21
27
34
39
165
158
Operating Margin (%)
-2.05
-14.21
-94.85
-67.82
7.97
5.26
18.24
5.47
15.61
13.02
13.15
18.45
24.23
-5.01
Depreciation Expense
27
29
95
12
- -
- -
- -
- -
- -
- -
- -
- -
- -
83
Net Income, GAAP
-9
-42
-90
-53
-3
- -
4
2
24
20
10
12
62
-130
Effective Tax Rate (%)
- -
- -
- -
43.52
- -
91.35
32.29
38.6
20.8
20.6
24.24
24.31
22
- -
Profit Margin (%)
-3.01
-15.47
-624.64
-207.41
-7.09
-1
12.78
12.71
113.57
76.49
30.58
30.98
37.5
-82.6
Working Capital
138
-60
-56
133
19
17
17
15
37
39
41
42
112
137
LT Debt
163
1
7
- -
- -
- -
14
13
16
13
24
25
24
- -
Total Equity
394
344
261
223
110
107
113
107
131
151
175
191
257
187
Return on Invested Capital (%)
- -
- -
- -
-2.88
- -
0.16
3.65
0.53
1.96
1.76
1.83
2.52
11.96
- -
Return on Capital (%)
- -
- -
- -
-19.22
- -
-0.81
3.48
1.97
17.01
12.38
5.4
5.58
22.78
- -
Return on Common Equity (%)
-2.45
-11.96
-31.59
-23.92
-1.9
-0.42
4.66
2.55
22.42
15.73
6.88
7.26
29.68
-53.56

Capital Structure

DKK

•

in mil. unless spec.
Dec'15
Mar'16
Jun'16
ST Debt
185
188
257
LT Borrowings
7
7
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
528
528
528
Market Capitalization
149
148
151

Working Capital

DKK

•

in mil. unless spec.
Dec'15
Mar'16
Jun'16
Total Current Assets
222
399
466
Cash, Cash Equivalents & STI
9
8
4
Accounts Receivable, Net
37
2
1
Inventories
163
- -
1
Total Current Liabilities
278
279
329
Payables & Accruals
- -
- -
- -
ST Debt
185
188
257
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.95%
19.42%
34.35%
Free Cash Flow
281.92%
-151.16%
-723.18%
Net Income, GAAP
-27.63%
246.38%
405.92%
Sales/Revenue/Turnover
47.01%
79.05%
317.97%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
39
2025
- -
- -
165
2026
- -
- -
- -

Semi-annual Earnings Per Share

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.05
2025
- -
- -
0.25
2026
- -
- -
- -

Semi-annual Dividends Per Share

DKK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Jaroslaw Pawel Lipinski
Full Time Employees
19
Sector
Finance
Industry
Real estate development
Address
Oslo Plads 2 Copenhagen CR Denmark 2100
IPO Date
Jan 1, 1986
Website
cemat.dk
Business
Cemat A/S, a Denmark-based real estate company listed on Nasdaq Nordic Copenhagen under ticker CEMAT.CO, focuses on property management and development primarily in Poland through its subsidiary CeMat '70 S.A. in Warsaw; core operations encompass leasing of warehouse spaces including small business units (SBUs) totaling 3,338 sqm, self-storage facilities at 1,446 sqm, traditional warehouses covering 23,509 sqm, and office spaces of 4,218 sqm within a mixed-use complex exceeding 32,400 sqm GLA on 15.9 hectares of land in Warsaw's Bielany district; the company also develops residential and commercial properties, notably the ongoing Moje Bielany project featuring 105 apartments across 5,727 sqm, 1,290 sqm of retail space, and 124 underground parking spaces, with construction advancing toward completion in Q2 2025 and 56% of units pre-sold via preliminary and reservation agreements. Founded in 1959 and headquartered at Oslo Plads 2 in Copenhagen, Denmark, Cemat A/S targets small and medium enterprises, logistics operators, retailers, and residential buyers in the Warsaw metropolitan area, leveraging a landbank including re-zoned plots for hotels/services and industrial sites with perpetual usufruct rights to circa 51% of properties. Recent developments include adoption of a 2024-2027 strategy emphasizing rental income growth through SBU/self-storage optimization and a robust development pipeline with 2-3 new investments; in May 2025, acquisition of perpetual usufruct rights to a land plot in Bielany, Warsaw, adjacent to Moje Bielany; March 2025 attainment of zoning decision (WZ) for the project's next phase; September 2025 announcement of further Moje Bielany residential expansion; ongoing securing of full financing via mBank loan and fixed-price general contractor agreement for Moje Bielany; 2023 milestones of legal title to a 13,033 sqm development plot and four road plots totaling 2,047 sqm, alongside 22% rental income growth to DKK 16.6 million and property revaluation uplift of DKK 27 million.