COFINIMMO (COFB.BR) Stock Fundamental Analysis
EBR:COFB - Euronext Brussels - BE0003593044 - REIT - Currency: EUR
Overall COFB gets a fundamental rating of 4 out of 10. We evaluated COFB against 41 industry peers in the Diversified REITs industry. While COFB has a great profitability rating, there are quite some concerns on its financial health. COFB has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
COFB had positive earnings in the past year.
Of the past 5 years COFB 4 years were profitable.
COFB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
COFB's Return On Assets of 4.71% is amongst the best of the industry. COFB outperforms 80.49% of its industry peers.
COFB has a Return On Equity of 8.58%. This is in the better half of the industry: COFB outperforms 73.17% of its industry peers.
With an excellent Return On Invested Capital value of 7.59%, COFB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for COFB is in line with the industry average of 4.05%.
The 3 year average ROIC (3.59%) for COFB is below the current ROIC(7.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 8.58% | ||
| ROIC | 7.59% |
ROA(3y)3.35%
ROA(5y)3.31%
ROE(3y)6.21%
ROE(5y)6.27%
ROIC(3y)3.59%
ROIC(5y)3.53%
1.3 Margins
COFB's Profit Margin of 39.66% is fine compared to the rest of the industry. COFB outperforms 63.41% of its industry peers.
In the last couple of years the Profit Margin of COFB has remained more or less at the same level.
COFB has a Operating Margin (72.45%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of COFB has grown nicely.
COFB's Gross Margin of 82.95% is fine compared to the rest of the industry. COFB outperforms 65.85% of its industry peers.
COFB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.45% | ||
| PM (TTM) | 39.66% | ||
| GM | 82.95% |
OM growth 3Y8.77%
OM growth 5Y5.14%
PM growth 3Y-3.14%
PM growth 5Y-0.54%
GM growth 3Y4.47%
GM growth 5Y3.92%
2. Health
2.1 Basic Checks
COFB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for COFB has been increased compared to 1 year ago.
The number of shares outstanding for COFB has been increased compared to 5 years ago.
COFB has a better debt/assets ratio than last year.
2.2 Solvency
COFB has an Altman-Z score of 0.87. This is a bad value and indicates that COFB is not financially healthy and even has some risk of bankruptcy.
COFB's Altman-Z score of 0.87 is in line compared to the rest of the industry. COFB outperforms 48.78% of its industry peers.
COFB has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
COFB has a Debt to Equity ratio of 0.50. This is amongst the best in the industry. COFB outperforms 87.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACC1.85
WACC4.1%
2.3 Liquidity
COFB has a Current Ratio of 0.14. This is a bad value and indicates that COFB is not financially healthy enough and could expect problems in meeting its short term obligations.
COFB's Current ratio of 0.14 is on the low side compared to the rest of the industry. COFB is outperformed by 80.49% of its industry peers.
A Quick Ratio of 0.14 indicates that COFB may have some problems paying its short term obligations.
COFB has a worse Quick ratio (0.14) than 80.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
The earnings per share for COFB have decreased by -8.06% in the last year.
Measured over the past years, COFB shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -27.29% on average per year.
The Revenue has grown by 26.83% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 4.14% on average over the past years.
EPS 1Y (TTM)-8.06%
EPS 3Y-41.93%
EPS 5Y-27.29%
EPS Q2Q%-6.9%
Revenue 1Y (TTM)26.83%
Revenue growth 3Y1.01%
Revenue growth 5Y4.14%
Sales Q2Q%-1.13%
3.2 Future
Based on estimates for the next years, COFB will show a decrease in Earnings Per Share. The EPS will decrease by -1.00% on average per year.
COFB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.27% yearly.
EPS Next Y-2.65%
EPS Next 2Y-1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.32%
Revenue Next 2Y1.11%
Revenue Next 3Y1.51%
Revenue Next 5Y3.27%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.42, which indicates a very decent valuation of COFB.
COFB's Price/Earnings ratio is a bit cheaper when compared to the industry. COFB is cheaper than 75.61% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.90, COFB is valued rather cheaply.
COFB is valuated reasonably with a Price/Forward Earnings ratio of 9.67.
70.73% of the companies in the same industry are more expensive than COFB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.58, COFB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 9.67 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of COFB may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1%
EPS Next 3YN/A
5. Dividend
5.1 Amount
COFB has a Yearly Dividend Yield of 7.13%, which is a nice return.
COFB's Dividend Yield is a higher than the industry average which is at 8.50.
COFB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
5.2 History
The dividend of COFB decreases each year by -3.46%.
Dividend Growth(5Y)-3.46%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
COFB's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP0%
EPS Next 2Y-1%
EPS Next 3YN/A
EBR:COFB (3/14/2025, 7:00:00 PM)
61.2
+0.3 (+0.49%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners30.13%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap2.33B
Analysts55
Price Target65.96 (7.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.13% |
Yearly Dividend4.6
Dividend Growth(5Y)-3.46%
DP0%
Div Incr Years5
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.17%
Min EPS beat(2)-1.37%
Max EPS beat(2)1.03%
EPS beat(4)2
Avg EPS beat(4)-1.54%
Min EPS beat(4)-6.24%
Max EPS beat(4)1.03%
EPS beat(8)4
Avg EPS beat(8)-0.65%
EPS beat(12)7
Avg EPS beat(12)31.98%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-8.14%
Min Revenue beat(2)-8.78%
Max Revenue beat(2)-7.51%
Revenue beat(4)0
Avg Revenue beat(4)-13.02%
Min Revenue beat(4)-25.98%
Max Revenue beat(4)-7.51%
Revenue beat(8)0
Avg Revenue beat(8)-9.44%
Revenue beat(12)2
Avg Revenue beat(12)12.01%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.31%
PT rev (3m)-9.18%
EPS NQ rev (1m)-5.75%
EPS NQ rev (3m)-5.75%
EPS NY rev (1m)-0.4%
EPS NY rev (3m)-2.17%
Revenue NQ rev (1m)1.83%
Revenue NQ rev (3m)1.83%
Revenue NY rev (1m)-0.54%
Revenue NY rev (3m)-0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.42 | ||
| Fwd PE | 9.67 | ||
| P/S | 3.05 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.66 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.5
EY10.62%
EPS(NY)6.33
Fwd EY10.34%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS20.06
BVpS92.78
TBVpS92.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 8.58% | ||
| ROCE | 10.13% | ||
| ROIC | 7.59% | ||
| ROICexc | 7.63% | ||
| ROICexgc | 7.64% | ||
| OM | 72.45% | ||
| PM (TTM) | 39.66% | ||
| GM | 82.95% | ||
| FCFM | N/A |
ROA(3y)3.35%
ROA(5y)3.31%
ROE(3y)6.21%
ROE(5y)6.27%
ROIC(3y)3.59%
ROIC(5y)3.53%
ROICexc(3y)3.61%
ROICexc(5y)3.55%
ROICexgc(3y)3.62%
ROICexgc(5y)3.57%
ROCE(3y)4.79%
ROCE(5y)4.7%
ROICexcg growth 3Y5.67%
ROICexcg growth 5Y0.08%
ROICexc growth 3Y5.98%
ROICexc growth 5Y0.4%
OM growth 3Y8.77%
OM growth 5Y5.14%
PM growth 3Y-3.14%
PM growth 5Y-0.54%
GM growth 3Y4.47%
GM growth 5Y3.92%
F-ScoreN/A
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 0.87 |
F-ScoreN/A
WACC4.1%
ROIC/WACC1.85
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.06%
EPS 3Y-41.93%
EPS 5Y-27.29%
EPS Q2Q%-6.9%
EPS Next Y-2.65%
EPS Next 2Y-1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.83%
Revenue growth 3Y1.01%
Revenue growth 5Y4.14%
Sales Q2Q%-1.13%
Revenue Next Year0.32%
Revenue Next 2Y1.11%
Revenue Next 3Y1.51%
Revenue Next 5Y3.27%
EBIT growth 1Y44.68%
EBIT growth 3Y9.87%
EBIT growth 5Y9.49%
EBIT Next Year23.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A