Risk factor
Very high price volatility
Profitability factor
Very strong margins and returns
About
City Service SE, a subsidiary of UAB ICOR based in Vilnius, Lithuania, delivers a broad spectrum of facility management and integrated utility services throughout Lithuania, Poland, Spain, Latvia, and Russia. The company specializes in the administration and maintenance of diverse properties, including commercial and residential structures, private homes, and market spaces. Their offerings encompass the regular cleaning and upkeep of territories and premises, along with the repair and maintenance of engineering systems, machinery, and technical equipment, including specialized cleaning for pipelines, sewage, and various storage tanks. In addition to physical maintenance, City Service SE provides extensive property management services. These include overseeing real estate operations, managing rent, handling tenant payments, assessing property depreciation risks, and supervising tenant activities. The company is also involved in the energy sector, undertaking the management and refurbishment of energy resources, conducting technical and energy building audits, constructing and maintaining gas stations, and distributing electricity. Moreover, their comprehensive service portfolio spans asset management, real estate management, supply chain management, and various construction and engineering activities. Supplementary services include IT support, security solutions, accommodation provisions, debt recovery, insurance, energy efficiency programs, and full-scale elevator services, from installation to ongoing maintenance and technical support.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, reasonably priced