COVIVIO HOTELS SACA (COVH.PA) Stock Fundamental Analysis
EPA:COVH - Euronext Paris - Matif - FR0000060303 - REIT - Currency: EUR
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 valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year COVH was profitable.
COVH had a positive operating cash flow in the past year.
In multiple years COVH reported negative net income over the last 5 years.
In the past 5 years COVH always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 3.14%, COVH is doing good in the industry, outperforming 66.67% of the companies in the same industry.
With a decent Return On Equity value of 6.54%, COVH is doing good in the industry, outperforming 73.81% of the companies in the same industry.
The Return On Invested Capital of COVH (3.98%) is better than 69.05% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COVH is in line with the industry average of 3.60%.
The 3 year average ROIC (3.85%) for COVH is below the current ROIC(3.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.54% | ||
| ROIC | 3.98% |
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
COVH has a better Profit Margin (80.73%) than 85.71% of its industry peers.
COVH's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 103.45%, COVH belongs to the top of the industry, outperforming 97.62% of the companies in the same industry.
In the last couple of years the Operating Margin of COVH has remained more or less at the same level.
The Gross Margin of COVH (13.66%) is worse than 78.57% of its industry peers.
In the last couple of years the Gross Margin of COVH has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 103.45% | ||
| PM (TTM) | 80.73% | ||
| GM | 13.66% |
OM growth 3Y10.91%
OM growth 5Y0%
PM growth 3Y43.44%
PM growth 5Y-10.66%
GM growth 3Y-31.67%
GM growth 5Y-15.65%
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.
COVH has more shares outstanding than it did 5 years ago.
COVH has a worse debt/assets ratio than last year.
2.2 Solvency
COVH has an Altman-Z score of 1.05. This is a bad value and indicates that COVH is not financially healthy and even has some risk of bankruptcy.
COVH has a better Altman-Z score (1.05) than 64.29% of its industry peers.
COVH has a debt to FCF ratio of 14.45. This is a negative value and a sign of low solvency as COVH would need 14.45 years to pay back of all of its debts.
With a Debt to FCF ratio value of 14.45, COVH perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
COVH has a Debt/Equity ratio of 0.74. This is a neutral value indicating COVH is somewhat dependend on debt financing.
The Debt to Equity ratio of COVH (0.74) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 14.45 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.75
WACC5.28%
2.3 Liquidity
A Current Ratio of 1.06 indicates that COVH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.06, COVH is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
A Quick Ratio of 1.06 indicates that COVH should not have too much problems paying its short term obligations.
COVH has a Quick ratio of 1.06. This is amongst the best in the industry. COVH outperforms 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 245.77% over the past year.
The earnings per share for COVH have been decreasing by -12.16% on average. This is quite bad
The Revenue has decreased by -4.97% in the past year.
Measured over the past years, COVH shows a small growth in Revenue. The Revenue has been growing by 2.29% on average per year.
EPS 1Y (TTM)245.77%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%-13.75%
Revenue 1Y (TTM)-4.97%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%-12.37%
3.2 Future
The Earnings Per Share is expected to grow by 0.90% on average over the next years.
Based on estimates for the next years, COVH will show a small growth in Revenue. The Revenue will grow by 0.55% on average per year.
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
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.
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
A Price/Earnings ratio of 17.19 indicates a rather expensive valuation of COVH.
COVH's Price/Earnings is on the same level as the industry average.
COVH is valuated rather cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.86 indicates a correct valuation of COVH.
66.67% of the companies in the same industry are cheaper than COVH, based on the Price/Forward Earnings ratio.
COVH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.19 | ||
| Fwd PE | 13.86 |
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 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.74 | ||
| EV/EBITDA | 18.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COVH does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of COVH may justify a higher PE ratio.
PEG (NY)5.71
PEG (5Y)N/A
EPS Next 2Y0.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
COVH has a Yearly Dividend Yield of 6.25%, which is a nice return.
COVH's Dividend Yield is a higher than the industry average which is at 5.44.
COVH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
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
85.75% of the earnings are spent on dividend by COVH. This is not a sustainable payout ratio.
DP85.75%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPA:COVH (8/6/2025, 5:29:38 PM)
23.9
+0.1 (+0.42%)
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 Cap3.78B
Analysts82.86
Price Target18.67 (-21.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.25% |
Yearly Dividend1.3
Dividend Growth(5Y)-3.01%
DP85.75%
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 | 17.19 | ||
| Fwd PE | 13.86 | ||
| P/S | 13.57 | ||
| P/FCF | 17.74 | ||
| P/OCF | 10.84 | ||
| P/B | 1.1 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 18.76 |
EPS(TTM)1.39
EY5.82%
EPS(NY)1.72
Fwd EY7.21%
FCF(TTM)1.35
FCFY5.64%
OCF(TTM)2.2
OCFY9.22%
SpS1.76
BVpS21.74
TBVpS19.68
PEG (NY)5.71
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.54% | ||
| ROCE | 4.5% | ||
| ROIC | 3.98% | ||
| ROICexc | 4.22% | ||
| ROICexgc | 4.46% | ||
| OM | 103.45% | ||
| PM (TTM) | 80.73% | ||
| GM | 13.66% | ||
| FCFM | 76.53% |
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 3Y-31.67%
GM growth 5Y-15.65%
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 14.45 | ||
| Debt/EBITDA | 7.34 | ||
| Cap/Depr | 235.3% | ||
| Cap/Sales | 48.63% | ||
| Interest Coverage | 4.58 | ||
| Cash Conversion | 100.84% | ||
| Profit Quality | 94.79% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 1.05 |
F-Score6
WACC5.28%
ROIC/WACC0.75
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)245.77%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%-13.75%
EPS Next Y3.01%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.97%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%-12.37%
Revenue Next Year-1.19%
Revenue Next 2Y0.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-0.2%
EBIT growth 3Y27.34%
EBIT growth 5Y2.29%
EBIT Next Year-17.92%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-25.64%
FCF growth 3Y35.97%
FCF growth 5Y2.55%
OCF growth 1Y7.43%
OCF growth 3Y30.01%
OCF growth 5Y4.76%