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← CockpitCompetitor Analysis › GGC.MC General de Galerias Comerciales SAOpen in the cockpit ↗

General de Galerias Comerciales SAGGC.MCCompetitor analysis, valuation and peers

Spain · EUR·Real Estate›Real Estate Investment Trusts

Small Spanish company that owns and operates a shopping centre (Larios) in Malaga, majority family-controlled.

≈ A single-asset Spanish shopping-mall ownerMomentum neutral 54
Mkt cap
$4.70B
US dollars, full cap
Free float
0%
of shares outstanding
$/day
$0
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 5.6%
Hurdle
n/a
no reverse DCF
Close · EUR€161.00
1D0.0%
1W0.0%
1M0.0%
3M0.0%
6M0.0%
YTD0.0%
1Y+13.4%
ATR %0.0%
52w lowhigh0.6% off high

What General de Galerias Comerciales does

Small Spanish company that owns and operates a shopping centre (Larios) in Malaga, majority family-controlled.

In one line: A single-asset Spanish shopping-mall owner.

Products and services

  • Shopping centre leasing (Larios)

Customers

  • Retail tenants
  • Shoppers

Where it sits in the supply chain

  • Real Estate
  • Retail property
  • Shopping centre ownership + operation

What could go right

  • Southern Spain retail/tourism footfall

What could go wrong

  • Single-asset concentration risk
  • E-commerce pressure on physical retail

Moat: none (installed base). Single-asset, family-owned company with no scale beyond one flagship mall.

Headquarters: Malaga, Spain · Employees: 153

Named competitors

General de Galerias Comerciales at a glance

Size General de Galerias Comerciales (GGC.MC) is a Spain Real Estate company (Real Estate Investment Trusts) with a market value of $4.70B, the 29th largest of 97 Spain companies the cockpit tracks. Shares closed at €161.00 on 6 Nov 2026.

Performance Over six months the shares was unchanged, against -3.5% for the median peer and +8.2% for the Spain market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue grew 3.0% over the last twelve months (peer median +3.7%); the operating margin is 77.6% (peer median 34.8%).

Relative performance

9510010511 May 202611 Aug 20266 Nov 2026GGC.MC 100Peer median 96
Six months, rebased to 100: General de Galerias Comerciales against the median of its 20 peers (local-currency closes).

General de Galerias Comerciales financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/a€217M€210M€189M€172M
Revenue growth—+3%+12%+9%—
Gross profitn/a€201M€167M€141M€134M
EBITDAn/a€180M€172M€148M€134M
Net incomen/a€172M€127M€116M€91.9M
Free cash flown/a€130M€111M€79.3M€119M
Capital expendituren/a€1.76M€3.42M€7.20M€1.34M
Total debtn/a€35.0M€35.0M€70.0M€70.0M

Quarterly statements and history in the cockpit →

General de Galerias Comerciales competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%0%+10%AJBUCOLDEPRCUZ8953N2IUM44USTWDAPLESKTDXS8952REI-UNKRGRITMKRCCSH-UNMGROUTGGC.MC6-month return →1-month return →
Up and to the right = strong over both horizons. General de Galerias Comerciales is the large dot.

General de Galerias Comerciales competitors and peer comparison

Head to head with its named competitors (GGC.MC vs YCPS.MC vs MRL.MC)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
General de Galerias Comerciales GGC.MC$4.70B0%+3%78%n/an/a
Castellana Properties Socimi YCPS.MC$1.57B-4%+59%63%n/an/a
MERLIN Properties SOCIMI MRL.MC$8.05B-23%+13%71%n/an/a

How General de Galerias Comerciales compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

General de Galerias Comerciales against its 20 peers (data as of 6 Nov 2026)
MeasureGGC.MCPeer medianRank in peer set
1-month return0.0%+5.2%3rd lowest of 21
6-month return0.0%-3.5%10th highest of 21
Distance from 52-week high-0.6%-15.5%2nd highest of 21
Revenue growth (TTM)+3.0%+3.7%11th highest of 21
Operating margin77.6%34.8%highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
General de Galerias Comerciales GGC.MCSpain$4.70B0%+3%78%n/an/an/a
Keppel DC REIT AJBU.SISingapore$4.67B-6%+30%77%n/an/an/a
Americold Realty Trust COLDUnited States$4.57B+8%0%6%n/an/an/a
EPR Properties EPRUnited States$4.56B+2%+7%38%n/an/an/a
Cousins Properties CUZUnited States$4.87B+11%+8%24%n/an/an/a
Japan Metropolitan Fund Investment 8953.TJapan$4.87B-8%0%41%n/an/an/a
Mapletree Pan Asia Commercial Trust N2IU.SISingapore$4.89B-7%-5%64%n/an/an/a
Mapletree Logistics Trust M44U.SISingapore$4.47B-6%-1%57%n/an/an/a
Starwood Property Trust STWDUnited States$4.46B-32%+11%73%n/an/an/a
Apple Hospitality REIT APLEUnited States$4.46B+34%+1%18%n/an/an/a
Tanger SKTUnited States$4.45B+6%+11%30%n/an/an/a
Dexus DXS.AXAustralia$4.44B0%-28%31%n/an/an/a
Japan Real Estate Investment 8952.TJapan$4.98B-10%-1%38%n/an/an/a
RioCan Real Estate Investment Trust REI-UN.TOCanada$4.41B-3%-13%53%n/an/an/a
Kite Realty Group Trust KRGUnited States$5.04B-4%-7%23%n/an/an/a
Nippon Prologis REIT 3283.TJapan$4.37B-8%+9%44%n/an/an/a
Rithm Capital RITMUnited States$5.15B-6%+19%48%n/an/an/a
Kilroy Realty KRCUnited States$4.21B+3%-4%23%n/an/an/a
Chartwell Retirement Residences CSH-UN.TOCanada$5.25B+3%+24%13%n/an/an/a
Mirvac MGR.AXAustralia$5.27B+14%+6%20%n/an/an/a
OUTFRONT Media OUTUnited States$5.42B-9%+8%20%n/an/an/a

Questions

Who are General de Galerias Comerciales's main competitors?
Named competitors: Castellana Properties (YCPS.MC), Merlin Properties (MRL.MC), Lar Espana (private or unlisted). The cockpit's measured peer set (industry) also includes Keppel DC REIT (AJBU.SI), Americold Realty Trust (COLD), EPR Properties (EPR), Cousins Properties (CUZ), Japan Metropolitan Fund Investment (8953.T), Mapletree Pan Asia Commercial Trust (N2IU.SI).
How has General de Galerias Comerciales stock performed?
Over six months to 6 Nov 2026 the shares returned 0.0% against -3.5% for the median peer; over one year +13.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.