Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-6.67%
0%
-6.67%
6 Months
3.28%
0%
3.28%
1 Year
7.51%
0%
7.51%
2 Years
-1.56%
0%
-1.56%
3 Years
4.48%
0%
4.48%
4 Years
-8.03%
0%
-8.03%
5 Years
7.14%
0%
7.14%
Retail Estates NV 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)
5.80%
EBIT Growth (5y)
3.85%
EBIT to Interest (avg)
5.62
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
2.12%
Dividend Payout Ratio
48.94%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.95%
ROE (avg)
8.89%
Valuation key factors
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.76
EV to EBIT
9.04
EV to EBITDA
8.90
EV to Capital Employed
0.76
EV to Sales
5.85
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.44%
ROE (Latest)
8.88%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Sideways
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Dec'13 - YoY
Dec'13
Dec'12
Change(%)
Net Sales
35.00
30.90
13.27%
Operating Profit (PBDIT) excl Other Income
0.00
0.00
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
0.00
0.00
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
USD in Million.
Net Sales
YoY Growth in quarter ended Dec 2013 is 13.27% vs 239.56% in Dec 2012
Consolidated Net Profit
YoY Growth in quarter ended Dec 2013 is 0.00% vs 0.00% in Dec 2012
Annual Results Snapshot (Consolidated) - Mar'25
Mar'25
Mar'24
Change(%)
Net Sales
159.00
154.10
3.18%
Operating Profit (PBDIT) excl Other Income
104.40
96.00
8.75%
Interest
20.30
21.70
-6.45%
Exceptional Items
27.80
51.20
-45.70%
Consolidate Net Profit
108.50
123.20
-11.93%
Operating Profit Margin (Excl OI)
646.70%
614.80%
3.19%
USD in Million.
Net Sales
YoY Growth in year ended Mar 2025 is 3.18% vs 10.94% in Mar 2024
Consolidated Net Profit
YoY Growth in year ended Mar 2025 is -11.93% vs -32.08% in Mar 2024
About Retail Estates NV 
Retail Estates NV
Realty
Retail Estates NV, formerly Retail Estates SA is a Belgium-based company, which invests in real estate. The Company focuses on retail properties located on the periphery of residential areas or along access roads to urban centers, mainly in the Flemish and Wallonia Regions of Belgium. It buys properties from third parties, or builds and markets shop premises on its own account. The properties are between 500 and 3,000 square meters, and a typical retail property has an average area of 1,000 square meters. The Company’s tenants include such retail chains, ad Brantano NV, Piocheur NV, Blokker groep, FUN, Carpetright and Krefel, among others.
Company Coordinates 
Company Details
Industrielaan 6 , TERNAT None : 1740
Registrar Details






