Inmobiliaria Colonial (COL): analysis in plain words

Is Inmobiliaria Colonial cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.

Inmobiliaria Colonial (COL) is listed on the Madrid Stock Exchange and we classify it in real estate. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Inmobiliaria Colonial according to those figures, and the questions people ask most about the stock. No buy or sell tips.

Inmobiliaria Colonial (COL) key figures as of November 4, 2026

Figure	Value	What it measures
Share price	€5.22	Last price on November 4, 2026
P/E ratio (TTM)	9.7x	Price over earnings per share
Revenue growth	+3.7%	Latest quarter vs the same quarter a year earlier
Net margin (TTM)	74.5%	Profit for every 100 of sales
Net debt / EBITDA	13.9x	Years of operating profit to repay debt
Dividend yield	6.26%	Annual dividend over price
Market cap	€3.3 billion	What the stock market values it at

The Inmobiliaria Colonial figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any COL figure that is not available shows as N/A: we do not estimate it.

How Inmobiliaria Colonial makes money

Colonial is a Spanish real estate investment trust that earns rent from prime office buildings in city centers. Its markets are Paris, through its subsidiary SFL and its biggest source of rent, plus Madrid and Barcelona. Tenants are companies across many industries, and it refurbishes buildings to raise their value.

Over the last 12 months, Inmobiliaria Colonial brought in revenue of €436 million. For every 100 it sells, Inmobiliaria Colonial keeps 100.0 after the direct cost of what it sells (gross margin) and 74.0 after all operating costs (operating margin).

Inmobiliaria Colonial against its sector

To know whether a Inmobiliaria Colonial figure is high or low you have to put it next to similar companies. This table compares Inmobiliaria Colonial with the median of the 9 real estate companies Fintols covers, with data as of November 4, 2026.

Figure	Inmobiliaria Colonial	real estate median
P/E	9.7x	28.9x (9)
Revenue growth	+3.7%	+10.4% (9)
Net margin	74.5%	37.7% (9)
Dividend yield	6.26%	3.60% (9)
Net debt / EBITDA	13.9x	5.5x (9)

In short, against the typical real estate company, Inmobiliaria Colonial trades on a lower P/E, grows more slowly and earns a wider margin.

The bull case for Inmobiliaria Colonial

What works in favour of Inmobiliaria Colonial, according to its figures as of November 4, 2026:

Inmobiliaria Colonial keeps 74.5 of every 100 it sells as net profit, against 37.7 for the median real estate company: a margin like that leaves money to invest, buy back shares or pay dividends.
On a P/E basis Inmobiliaria Colonial trades cheaper than its sector: 9.7x its annual earnings, against 28.9x for the real estate median (9 companies with data).
For income seekers, Inmobiliaria Colonial pays a dividend yielding 6.26% at today's price.

The main risk for Inmobiliaria Colonial

Debt is heavy: Inmobiliaria Colonial carries net debt equal to 13.9x its annual EBITDA. With high interest rates or a weak year, interest payments eat into what it can invest or pay out.

On top of that: analysts expect lower Inmobiliaria Colonial earnings: its P/E on estimated next-12-month earnings rises to 14.0x, from 9.7x on the last 12 months.

And, like the rest of real estate, Inmobiliaria Colonial is exposed to interest rates, which raise its borrowing costs and lower property values, and vacant space.

Frequently asked questions about Inmobiliaria Colonial

Is it a good time to buy Inmobiliaria Colonial stock?

Fintols does not tell you whether to buy or sell Inmobiliaria Colonial, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Inmobiliaria Colonial stock trades at €5.22, 11% below its 52-week high (€5.84) and 9% above its low (€4.81). Its P/E is 9.7x against a real estate median of 28.9x, and 14.0x on the earnings analysts expect over the next 12 months. With Inmobiliaria Colonial, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.

Does Inmobiliaria Colonial pay a dividend?

Yes. As of November 4, 2026, Inmobiliaria Colonial pays €0.32 per share a year, which at today's price is a yield of 6.26%.

Is Inmobiliaria Colonial stock expensive?

It depends on what you compare it with. On P/E, Inmobiliaria Colonial trades at 9.7x its last 12 months of earnings: cheaper than the real estate median (28.9x). Including its debt, Inmobiliaria Colonial is valued at 25.9x its EBITDA (EV/EBITDA). A high P/E alone does not make Inmobiliaria Colonial expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.

Who are Inmobiliaria Colonial's competitors?

On Fintols we compare Inmobiliaria Colonial with Merlin Properties, Equinix and Realty Income, which are also in real estate. As of November 4, 2026, Merlin Properties is worth €7.3 billion and trades on a P/E of 8.0; Equinix is worth $104.3 billion and trades on a P/E of 63.3; Realty Income is worth $56.0 billion and trades on a P/E of 40.6. Each has a side-by-side comparison with Inmobiliaria Colonial below.

Inmobiliaria Colonial competitors

To understand Inmobiliaria Colonial better

More companies like Inmobiliaria Colonial: real estate stocks and IBEX 35 companies. Open the full COL analysis with its valuation and scenarios. Educational content about Inmobiliaria Colonial, not investment advice.