IRSA Propiedades Comerciales S.A. - (IRCP) Company Bio
IRSA Propiedades Comerciales S.A. operates as an investment arm of IRSA Inversiones y Representaciones S.A. Alto Palermo S.A. engages in the ownership, acquisition, development, leasing, management, and operation of shopping centers, as well as residential and commercial complexes in Argentina. The company was founded in 1889 and is based in Buenos Aires, Argentina.
IRCP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Irsa Propiedades Comerciales Sa with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Irsa Propiedades Comerciales Sa ranked in the 97th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 8462.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Irsa Propiedades Comerciales Sa, consider:
Irsa Propiedades Comerciales Sa's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -9. This coverage rate is greater than that of just 8.84% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Irsa Propiedades Comerciales Sa experienced a tax rate of about 18% over the past twelve months; relative to its sector (Real Estate), this tax rate is higher than 88.74% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Irsa Propiedades Comerciales Sa? See XIN, IRS, RLJ, OPI, and EXR.
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IRSA Propiedades Comerciales S.A. (NASDAQ: IRCP; ByMA: IRCP), the leading commercial real estate company in Argentina, announces its results for the second quarter of the FY 2020 ended December 31, 2019.