EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) Stock Fundamental Analysis

Europe • Euronext Amsterdam • AMS:ECMPA • NL0015000K93

25.85 EUR
+0.85 (+3.4%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, ECMPA scores 5 out of 10 in our fundamental rating. ECMPA was compared to 42 industry peers in the Diversified REITs industry. ECMPA has an excellent profitability rating, but there are concerns on its financial health. ECMPA has a decent growth rate and is not valued too expensively. ECMPA also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year ECMPA was profitable.
  • ECMPA had a positive operating cash flow in the past year.
  • In multiple years ECMPA reported negative net income over the last 5 years.
  • ECMPA had a positive operating cash flow in each of the past 5 years.
ECMPA.AS Yearly Net Income VS EBIT VS OCF VS FCFECMPA.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

1.2 Ratios

  • The Return On Assets of ECMPA (4.92%) is better than 83.33% of its industry peers.
  • Looking at the Return On Equity, with a value of 9.36%, ECMPA belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 6.32%, ECMPA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • ECMPA had an Average Return On Invested Capital over the past 3 years of 3.73%. This is in line with the industry average of 3.37%.
  • The last Return On Invested Capital (6.32%) for ECMPA is above the 3 year average (3.73%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.92%
ROE 9.36%
ROIC 6.32%
ROA(3y)2.97%
ROA(5y)2.29%
ROE(3y)5.65%
ROE(5y)4.45%
ROIC(3y)3.73%
ROIC(5y)3.62%
ECMPA.AS Yearly ROA, ROE, ROICECMPA.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

1.3 Margins

  • The Profit Margin of ECMPA (49.08%) is better than 64.29% of its industry peers.
  • In the last couple of years the Profit Margin of ECMPA has grown nicely.
  • With a Operating Margin value of 64.75%, ECMPA perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
  • ECMPA's Operating Margin has been stable in the last couple of years.
  • ECMPA has a Gross Margin of 70.29%. This is comparable to the rest of the industry: ECMPA outperforms 42.86% of its industry peers.
  • In the last couple of years the Gross Margin of ECMPA has remained more or less at the same level.
Industry RankSector Rank
OM 64.75%
PM (TTM) 49.08%
GM 70.29%
OM growth 3Y-0.78%
OM growth 5Y-0.75%
PM growth 3Y15.88%
PM growth 5Y16.12%
GM growth 3Y0.61%
GM growth 5Y-0.39%
ECMPA.AS Yearly Profit, Operating, Gross MarginsECMPA.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80 100

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ECMPA is still creating some value.
  • The number of shares outstanding for ECMPA has been increased compared to 1 year ago.
  • ECMPA has more shares outstanding than it did 5 years ago.
  • ECMPA has a better debt/assets ratio than last year.
ECMPA.AS Yearly Shares OutstandingECMPA.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
ECMPA.AS Yearly Total Debt VS Total AssetsECMPA.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • ECMPA has an Altman-Z score of 1.07. This is a bad value and indicates that ECMPA is not financially healthy and even has some risk of bankruptcy.
  • With a decent Altman-Z score value of 1.07, ECMPA is doing good in the industry, outperforming 73.81% of the companies in the same industry.
  • The Debt to FCF ratio of ECMPA is 19.53, which is on the high side as it means it would take ECMPA, 19.53 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ECMPA (19.53) is comparable to the rest of the industry.
  • ECMPA has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of ECMPA (0.50) is better than 83.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 19.53
Altman-Z 1.07
ROIC/WACC1.27
WACC4.96%
ECMPA.AS Yearly LT Debt VS Equity VS FCFECMPA.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 0.14 indicates that ECMPA may have some problems paying its short term obligations.
  • ECMPA has a Current ratio of 0.14. This is in the lower half of the industry: ECMPA underperforms 78.57% of its industry peers.
  • A Quick Ratio of 0.14 indicates that ECMPA may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.14, ECMPA is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.14
Quick Ratio 0.14
ECMPA.AS Yearly Current Assets VS Current LiabilitesECMPA.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

  • ECMPA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 207.88%, which is quite impressive.
  • The Earnings Per Share has been growing by 18.49% on average over the past years. This is quite good.
  • ECMPA shows a small growth in Revenue. In the last year, the Revenue has grown by 3.25%.
  • Measured over the past years, ECMPA shows a small growth in Revenue. The Revenue has been growing by 2.35% on average per year.
EPS 1Y (TTM)207.88%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%738.14%
Revenue 1Y (TTM)3.25%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%11.73%

3.2 Future

  • The Earnings Per Share is expected to grow by 2.35% on average over the next years.
  • Based on estimates for the next years, ECMPA will show a small growth in Revenue. The Revenue will grow by 0.59% on average per year.
EPS Next Y1.75%
EPS Next 2Y2.19%
EPS Next 3Y2.35%
EPS Next 5YN/A
Revenue Next Year0.82%
Revenue Next 2Y1.55%
Revenue Next 3Y0.77%
Revenue Next 5Y0.59%

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 decreasing.
  • 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.
ECMPA.AS Yearly Revenue VS EstimatesECMPA.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 50M 100M 150M 200M 250M
ECMPA.AS Yearly EPS VS EstimatesECMPA.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2 2.5

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.10, the valuation of ECMPA can be described as very cheap.
  • Based on the Price/Earnings ratio, ECMPA is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.92, ECMPA is valued rather cheaply.
  • The Price/Forward Earnings ratio is 10.10, which indicates a very decent valuation of ECMPA.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ECMPA indicates a somewhat cheap valuation: ECMPA is cheaper than 76.19% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.78. ECMPA is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.1
Fwd PE 10.1
ECMPA.AS Price Earnings VS Forward Price EarningsECMPA.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ECMPA is valued cheaper than 90.48% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, ECMPA is valued a bit more expensive than the industry average as 69.05% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 17.78
EV/EBITDA 11.18
ECMPA.AS Per share dataECMPA.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ECMPA does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of ECMPA may justify a higher PE ratio.
PEG (NY)4.05
PEG (5Y)0.38
EPS Next 2Y2.19%
EPS Next 3Y2.35%

7

5. Dividend

5.1 Amount

  • ECMPA has a Yearly Dividend Yield of 7.39%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.30, ECMPA pays a better dividend. On top of this ECMPA pays more dividend than 80.95% of the companies listed in the same industry.
  • ECMPA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 7.39%

5.2 History

  • The dividend of ECMPA decreases each year by -5.38%.
Dividend Growth(5Y)-5.38%
Div Incr Years2
Div Non Decr Years2
ECMPA.AS Yearly Dividends per shareECMPA.AS Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • ECMPA pays out 36.09% of its income as dividend. This is a sustainable payout ratio.
DP36.09%
EPS Next 2Y2.19%
EPS Next 3Y2.35%
ECMPA.AS Yearly Income VS Free CF VS DividendECMPA.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M
ECMPA.AS Dividend Payout.ECMPA.AS Dividend Payout, showing the Payout Ratio.ECMPA.AS Dividend Payout.PayoutRetained Earnings

EUROCOMMERCIAL PROPERTIES NV

AMS:ECMPA (2/6/2026, 7:00:00 PM)

25.85

+0.85 (+3.4%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-30
Earnings (Next)03-05
Inst Owners33.54%
Inst Owner ChangeN/A
Ins Owners18.51%
Ins Owner ChangeN/A
Market Cap1.42B
Revenue(TTM)401.58M
Net Income(TTM)197.09M
Analysts82.11
Price Target30.43 (17.72%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.39%
Yearly Dividend1.33
Dividend Growth(5Y)-5.38%
DP36.09%
Div Incr Years2
Div Non Decr Years2
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)1.99%
PT rev (3m)2.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.31%
EPS NY rev (3m)-0.72%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.72%
Valuation
Industry RankSector Rank
PE 7.1
Fwd PE 10.1
P/S 3.53
P/FCF 17.78
P/OCF 12.88
P/B 0.67
P/tB 0.67
EV/EBITDA 11.18
EPS(TTM)3.64
EY14.08%
EPS(NY)2.56
Fwd EY9.9%
FCF(TTM)1.45
FCFY5.62%
OCF(TTM)2.01
OCFY7.76%
SpS7.32
BVpS38.34
TBVpS38.34
PEG (NY)4.05
PEG (5Y)0.38
Graham Number56.04
Profitability
Industry RankSector Rank
ROA 4.92%
ROE 9.36%
ROCE 7.69%
ROIC 6.32%
ROICexc 6.32%
ROICexgc 6.32%
OM 64.75%
PM (TTM) 49.08%
GM 70.29%
FCFM 19.87%
ROA(3y)2.97%
ROA(5y)2.29%
ROE(3y)5.65%
ROE(5y)4.45%
ROIC(3y)3.73%
ROIC(5y)3.62%
ROICexc(3y)3.78%
ROICexc(5y)3.69%
ROICexgc(3y)3.78%
ROICexgc(5y)3.69%
ROCE(3y)4.54%
ROCE(5y)4.41%
ROICexgc growth 3Y1.8%
ROICexgc growth 5Y2.98%
ROICexc growth 3Y1.8%
ROICexc growth 5Y2.98%
OM growth 3Y-0.78%
OM growth 5Y-0.75%
PM growth 3Y15.88%
PM growth 5Y16.12%
GM growth 3Y0.61%
GM growth 5Y-0.39%
F-Score5
Asset Turnover0.1
Health
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 19.53
Debt/EBITDA 4.01
Cap/Depr 1450.05%
Cap/Sales 7.55%
Interest Coverage 5.02
Cash Conversion 42.01%
Profit Quality 40.48%
Current Ratio 0.14
Quick Ratio 0.14
Altman-Z 1.07
F-Score5
WACC4.96%
ROIC/WACC1.27
Cap/Depr(3y)1687.63%
Cap/Depr(5y)2052.22%
Cap/Sales(3y)12.12%
Cap/Sales(5y)16.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)207.88%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%738.14%
EPS Next Y1.75%
EPS Next 2Y2.19%
EPS Next 3Y2.35%
EPS Next 5YN/A
Revenue 1Y (TTM)3.25%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%11.73%
Revenue Next Year0.82%
Revenue Next 2Y1.55%
Revenue Next 3Y0.77%
Revenue Next 5Y0.59%
EBIT growth 1Y1.51%
EBIT growth 3Y1.97%
EBIT growth 5Y1.58%
EBIT Next Year-4.11%
EBIT Next 3Y-0.15%
EBIT Next 5YN/A
FCF growth 1Y-11.33%
FCF growth 3Y-3.5%
FCF growth 5Y5.65%
OCF growth 1Y-8.79%
OCF growth 3Y1.91%
OCF growth 5Y-1.65%

EUROCOMMERCIAL PROPERTIES NV / ECMPA.AS FAQ

What is the ChartMill fundamental rating of EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ECMPA.AS.


What is the valuation status for ECMPA stock?

ChartMill assigns a valuation rating of 6 / 10 to EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS). This can be considered as Fairly Valued.


Can you provide the profitability details for EUROCOMMERCIAL PROPERTIES NV?

EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for ECMPA stock?

The Price/Earnings (PE) ratio for EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) is 7.1 and the Price/Book (PB) ratio is 0.67.


Can you provide the financial health for ECMPA stock?

The financial health rating of EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) is 3 / 10.