COVIVIO HOTELS SACA (COVH.PA) Stock Fundamental Analysis
EPA:COVH - FR0000060303 - REIT
24 EUR
+0.3 (+1.27%)
Overall COVH gets a fundamental rating of 4 out of 10. We evaluated COVH against 42 industry peers in the Diversified REITs industry. COVH has only an average score on both its financial health and profitability. COVH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
COVH had positive earnings in the past year.
In the past year COVH had a positive cash flow from operations.
In multiple years COVH reported negative net income over the last 5 years.
COVH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
COVH has a Return On Assets (2.89%) which is in line with its industry peers.
The Return On Equity of COVH (5.88%) is better than 63.41% of its industry peers.
COVH's Return On Invested Capital of 3.68% is fine compared to the rest of the industry. COVH outperforms 60.98% of its industry peers.
COVH had an Average Return On Invested Capital over the past 3 years of 3.85%. This is in line with the industry average of 3.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.88% | ||
| ROIC | 3.68% |
ROA(3y)3.26%
ROA(5y)1.11%
ROE(3y)6.53%
ROE(5y)1.93%
ROIC(3y)3.85%
ROIC(5y)2.91%
1.3 Margins
With an excellent Profit Margin value of 78.96%, COVH belongs to the best of the industry, outperforming 85.37% of the companies in the same industry.
COVH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 101.55%, COVH belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
COVH's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 101.55% | ||
| PM (TTM) | 78.96% | ||
| GM | N/A |
OM growth 3Y10.91%
OM growth 5Y0%
PM growth 3Y43.44%
PM growth 5Y-10.66%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), COVH is destroying value.
Compared to 1 year ago, COVH has about the same amount of shares outstanding.
The number of shares outstanding for COVH has been increased compared to 5 years ago.
The debt/assets ratio for COVH is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.05, we must say that COVH is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.05, COVH is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
COVH has a debt to FCF ratio of 12.72. This is a negative value and a sign of low solvency as COVH would need 12.72 years to pay back of all of its debts.
COVH has a Debt to FCF ratio of 12.72. This is comparable to the rest of the industry: COVH outperforms 51.22% of its industry peers.
A Debt/Equity ratio of 0.70 indicates that COVH is somewhat dependend on debt financing.
COVH has a Debt to Equity ratio (0.70) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 12.72 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.7
WACC5.29%
2.3 Liquidity
COVH has a Current Ratio of 1.16. This is a normal value and indicates that COVH is financially healthy and should not expect problems in meeting its short term obligations.
COVH's Current ratio of 1.16 is amongst the best of the industry. COVH outperforms 85.37% of its industry peers.
A Quick Ratio of 1.16 indicates that COVH should not have too much problems paying its short term obligations.
COVH has a better Quick ratio (1.16) than 85.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 241.67% over the past year.
Measured over the past years, COVH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.16% on average per year.
The Revenue has decreased by -5.26% in the past year.
COVH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.29% yearly.
EPS 1Y (TTM)241.67%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%-15.59%
Revenue 1Y (TTM)-5.26%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%-12.96%
3.2 Future
The Earnings Per Share is expected to grow by 0.90% on average over the next years.
COVH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.55% yearly.
EPS Next Y3.01%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.19%
Revenue Next 2Y0.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
COVH is valuated rather expensively with a Price/Earnings ratio of 17.39.
COVH's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.06, COVH is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.92, which indicates a correct valuation of COVH.
Compared to the rest of the industry, the Price/Forward Earnings ratio of COVH indicates a slightly more expensive valuation: COVH is more expensive than 68.29% of the companies listed in the same industry.
COVH is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 13.92 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COVH is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, COVH is valued a bit more expensive than 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.4 | ||
| EV/EBITDA | 17.37 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.77
PEG (5Y)N/A
EPS Next 2Y0.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
COVH has a Yearly Dividend Yield of 6.33%, which is a nice return.
Compared to an average industry Dividend Yield of 5.48, COVH pays a bit more dividend than its industry peers.
COVH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
5.2 History
The dividend of COVH decreases each year by -3.01%.
Dividend Growth(5Y)-3.01%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
19.16% of the earnings are spent on dividend by COVH. This is a low number and sustainable payout ratio.
DP19.16%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPA:COVH (9/5/2025, 7:00:00 PM)
24
+0.3 (+1.27%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners31.29%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap3.79B
Analysts82.86
Price Target18.67 (-22.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
Yearly Dividend1.3
Dividend Growth(5Y)-3.01%
DP19.16%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 13.92 | ||
| P/S | 14.55 | ||
| P/FCF | 16.4 | ||
| P/OCF | 10.37 | ||
| P/B | 1.08 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 17.37 |
EPS(TTM)1.38
EY5.75%
EPS(NY)1.72
Fwd EY7.18%
FCF(TTM)1.46
FCFY6.1%
OCF(TTM)2.31
OCFY9.64%
SpS1.65
BVpS22.14
TBVpS20.08
PEG (NY)5.77
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.88% | ||
| ROCE | 4.15% | ||
| ROIC | 3.68% | ||
| ROICexc | 4.07% | ||
| ROICexgc | 4.31% | ||
| OM | 101.55% | ||
| PM (TTM) | 78.96% | ||
| GM | N/A | ||
| FCFM | 88.74% |
ROA(3y)3.26%
ROA(5y)1.11%
ROE(3y)6.53%
ROE(5y)1.93%
ROIC(3y)3.85%
ROIC(5y)2.91%
ROICexc(3y)4.03%
ROICexc(5y)3.03%
ROICexgc(3y)4.17%
ROICexgc(5y)3.12%
ROCE(3y)4.35%
ROCE(5y)3.29%
ROICexcg growth 3Y33.75%
ROICexcg growth 5Y5.13%
ROICexc growth 3Y32.01%
ROICexc growth 5Y4.39%
OM growth 3Y10.91%
OM growth 5Y0%
PM growth 3Y43.44%
PM growth 5Y-10.66%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 12.72 | ||
| Debt/EBITDA | 6.97 | ||
| Cap/Depr | 152.56% | ||
| Cap/Sales | 51.52% | ||
| Interest Coverage | 4.11 | ||
| Cash Conversion | 103.65% | ||
| Profit Quality | 112.39% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.05 |
F-Score5
WACC5.29%
ROIC/WACC0.7
Cap/Depr(3y)165.18%
Cap/Depr(5y)147.82%
Cap/Sales(3y)30.61%
Cap/Sales(5y)33.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)241.67%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%-15.59%
EPS Next Y3.01%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.26%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%-12.96%
Revenue Next Year-1.19%
Revenue Next 2Y0.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-8.53%
EBIT growth 3Y27.34%
EBIT growth 5Y2.29%
EBIT Next Year-17.92%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-7.29%
FCF growth 3Y35.97%
FCF growth 5Y2.55%
OCF growth 1Y24.43%
OCF growth 3Y30.01%
OCF growth 5Y4.76%