RANK PROGRESS SA is a Poland-based company engaged in property investment and development. It operates in two main segments: real estate rental and real estate sales. Its business model is based on purchase of a real estate, land integration, administrative preparation for development, construction works and management or sale of a property. In addition, it also offers a rental space to shopping centers in main cities across Poland. The Company’s client portfolio includes Tesco, Carrefour, H&M, Empik, Leroy Merlin, Metro-Makro Cash & Carry, Praktiker and others. As of December 31, 2011, it operated through 34 subsidiaries. On November 14, 2012, the Company acquired 100% stake in Gemar - Umech Sp. z o.o. On November 16, 2012, the Company acquired a 100% stake in Rank Recycling Energy Sp. z o.o.
Metrics to compare | RNKP | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipRNKPPeersSector | |
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P/E Ratio | 3.5x | 0.7x | 7.6x | |
PEG Ratio | 0.02 | 0.00 | 0.01 | |
Price/Book | 0.4x | 0.6x | 0.9x | |
Price / LTM Sales | 1.5x | 1.4x | 3.8x | |
Upside (Analyst Target) | - | 19.8% | 11.2% | |
Fair Value Upside | Unlock | −4.2% | 0.9% | Unlock |