Stock DNA
Real Estate Investment Trusts
EUR 643 Million (Micro Cap)
27.00
NA
0.00%
-999,999.00
3.49%
0.95
Revenue and Profits:
Net Sales:
21 Million
(Quarterly Results - Dec 2023)
Net Profit:
-24 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-3.7%
0%
-3.7%
6 Months
-4.79%
0%
-4.79%
1 Year
-2.89%
0%
-2.89%
2 Years
-2.89%
0%
-2.89%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%
Intervest Offices & Warehouses SA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
12.12%
EBIT Growth (5y)
7.12%
EBIT to Interest (avg)
5.21
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
9.41%
Dividend Payout Ratio
89.83%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.06%
ROE (avg)
5.83%
Valuation key factors
Factor
Value
P/E Ratio
27
Industry P/E
Price to Book Value
0.95
EV to EBIT
11.25
EV to EBITDA
11.25
EV to Capital Employed
0.95
EV to Sales
6.10
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.46%
ROE (Latest)
3.49%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Shareholding Snapshot : Jun 2023
Shareholding Compare (%holding) 
Majority shareholders
Non Institution
Domestic Funds
Held in 11 Schemes (6.76%)
Foreign Institutions
Held by 174 Foreign Institutions (11.46%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'23 - YoY
Dec'23
Dec'22
Change(%)
Net Sales
21.10
24.70
-14.57%
Operating Profit (PBDIT) excl Other Income
12.10
26.60
-54.51%
Interest
5.60
4.10
36.59%
Exceptional Items
-29.60
-54.10
45.29%
Consolidate Net Profit
-24.10
-31.80
24.21%
Operating Profit Margin (Excl OI)
573.10%
1,075.70%
-50.26%
USD in Million.
Net Sales
YoY Growth in quarter ended Dec 2023 is -14.57% vs 30.00% in Dec 2022
Consolidated Net Profit
YoY Growth in quarter ended Dec 2023 is 24.21% vs -210.03% in Dec 2022
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
107.40
95.90
11.99%
Operating Profit (PBDIT) excl Other Income
64.80
62.90
3.02%
Interest
29.00
10.30
181.55%
Exceptional Items
-16.80
5.80
-389.66%
Consolidate Net Profit
13.50
57.30
-76.44%
Operating Profit Margin (Excl OI)
592.30%
647.90%
-5.56%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 11.99% vs 16.95% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is -76.44% vs -45.27% in Dec 2022
About Intervest Offices & Warehouses SA 
Intervest Offices & Warehouses SA
Real Estate Investment Trusts
Intervest Offices & Warehouses NV, formerly known as Intervest Offices NV, is a Belgium-based public property investment fund. It primarily invests in Belgian office buildings and logistic properties, located outside municipal centers. As of June 30, 2012, its property portfolio consisted of offices (62%) and logistic properties (38%). The Company’s offices have a total office space of 215.958 square meters, while its logistic properties have a total storage space of 358.063 square meters. Its properties are located in Antwerp - Malines, along the A12 and E19 motorways; Antwerp - Liege, along the E313, E34 and E314 motorways, as well as in Brussels. Its tenants are active in logistics, technology, trade, healthcare, production, automobile and financial sectors, among others.
Company Coordinates 
Company Details
Uitbreidingstraat 66 , BERCHEM None : 2600
Registrar Details






