EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) Stock Fundamental Analysis
Europe - AMS:ECMPA - NL0015000K93 - REIT
26.15 EUR
0 (0%)
ECMPA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Diversified REITs industry. There are concerns on the financial health of ECMPA while its profitability can be described as average. ECMPA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ECMPA had positive earnings in the past year.
In the past year ECMPA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ECMPA reported negative net income in multiple years.
Each year in the past 5 years ECMPA had a positive operating cash flow.
1.2 Ratios
ECMPA has a better Return On Assets (4.18%) than 80.00% of its industry peers.
ECMPA has a Return On Equity of 8.14%. This is in the better half of the industry: ECMPA outperforms 77.50% of its industry peers.
ECMPA has a Return On Invested Capital of 5.63%. This is amongst the best in the industry. ECMPA outperforms 92.50% of its industry peers.
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 3.44%.
The last Return On Invested Capital (5.63%) for ECMPA is above the 3 year average (3.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.14% | ||
| ROIC | 5.63% |
ROA(3y)2.97%
ROA(5y)2.29%
ROE(3y)5.65%
ROE(5y)4.45%
ROIC(3y)3.73%
ROIC(5y)3.62%
1.3 Margins
ECMPA has a Profit Margin (42.73%) which is in line with its industry peers.
ECMPA's Profit Margin has improved in the last couple of years.
ECMPA has a Operating Margin of 65.58%. This is comparable to the rest of the industry: ECMPA outperforms 45.00% of its industry peers.
ECMPA's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 71.04%, ECMPA is doing worse than 62.50% of the companies in the same industry.
ECMPA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.58% | ||
| PM (TTM) | 42.73% | ||
| GM | 71.04% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ECMPA is creating some value.
The number of shares outstanding for ECMPA has been increased compared to 1 year ago.
The number of shares outstanding for ECMPA has been increased compared to 5 years ago.
The debt/assets ratio for ECMPA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.18, we must say that ECMPA is in the distress zone and has some risk of bankruptcy.
ECMPA's Altman-Z score of 1.18 is fine compared to the rest of the industry. ECMPA outperforms 80.00% of its industry peers.
ECMPA has a debt to FCF ratio of 24.68. This is a negative value and a sign of low solvency as ECMPA would need 24.68 years to pay back of all of its debts.
The Debt to FCF ratio of ECMPA (24.68) is worse than 70.00% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that ECMPA is somewhat dependend on debt financing.
The Debt to Equity ratio of ECMPA (0.71) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 24.68 | ||
| Altman-Z | 1.18 |
ROIC/WACC1.12
WACC5.02%
2.3 Liquidity
A Current Ratio of 0.48 indicates that ECMPA may have some problems paying its short term obligations.
ECMPA's Current ratio of 0.48 is in line compared to the rest of the industry. ECMPA outperforms 50.00% of its industry peers.
A Quick Ratio of 0.48 indicates that ECMPA may have some problems paying its short term obligations.
ECMPA's Quick ratio of 0.48 is in line compared to the rest of the industry. ECMPA outperforms 55.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
ECMPA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 80.61%, which is quite impressive.
The Earnings Per Share has been growing by 18.49% on average over the past years. This is quite good.
Looking at the last year, ECMPA shows a small growth in Revenue. The Revenue has grown by 1.62% in the last year.
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)80.61%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%-53.2%
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%1.96%
3.2 Future
Based on estimates for the next years, ECMPA will show a small growth in Earnings Per Share. The EPS will grow by 2.78% on average per year.
The Revenue is expected to grow by 0.59% on average over the next years.
EPS Next Y2.49%
EPS Next 2Y2.48%
EPS Next 3Y2.78%
EPS Next 5YN/A
Revenue Next Year-1.95%
Revenue Next 2Y0.25%
Revenue Next 3Y1.07%
Revenue Next 5Y0.59%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
Based on the Price/Earnings ratio of 8.38, the valuation of ECMPA can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of ECMPA indicates a rather cheap valuation: ECMPA is cheaper than 92.50% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.32. ECMPA is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.16, the valuation of ECMPA can be described as reasonable.
65.00% of the companies in the same industry are more expensive than ECMPA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ECMPA to the average of the S&P500 Index (22.89), we can say ECMPA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.38 | ||
| Fwd PE | 10.16 |
4.2 Price Multiples
ECMPA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ECMPA is cheaper than 90.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ECMPA indicates a slightly more expensive valuation: ECMPA is more expensive than 70.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.3 | ||
| EV/EBITDA | 11.37 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ECMPA has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.36
PEG (5Y)0.45
EPS Next 2Y2.48%
EPS Next 3Y2.78%
5. Dividend
5.1 Amount
ECMPA has a Yearly Dividend Yield of 6.92%, which is a nice return.
ECMPA's Dividend Yield is rather good when compared to the industry average which is at 5.58. ECMPA pays more dividend than 85.00% of the companies in the same industry.
ECMPA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.92% |
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
5.3 Sustainability
ECMPA pays out 42.42% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.42%
EPS Next 2Y2.48%
EPS Next 3Y2.78%
AMS:ECMPA (9/26/2025, 7:00:00 PM)
26.15
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners32.62%
Inst Owner ChangeN/A
Ins Owners18.58%
Ins Owner ChangeN/A
Market Cap1.44B
Analysts83.16
Price Target29.33 (12.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.92% |
Yearly Dividend1.33
Dividend Growth(5Y)-5.38%
DP42.42%
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)0.83%
PT rev (3m)3.98%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.84%
Revenue NY rev (3m)-3.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.38 | ||
| Fwd PE | 10.16 | ||
| P/S | 3.64 | ||
| P/FCF | 22.3 | ||
| P/OCF | 14.79 | ||
| P/B | 0.69 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 11.37 |
EPS(TTM)3.12
EY11.93%
EPS(NY)2.57
Fwd EY9.84%
FCF(TTM)1.17
FCFY4.48%
OCF(TTM)1.77
OCFY6.76%
SpS7.18
BVpS37.69
TBVpS37.69
PEG (NY)3.36
PEG (5Y)0.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.14% | ||
| ROCE | 6.85% | ||
| ROIC | 5.63% | ||
| ROICexc | 5.72% | ||
| ROICexgc | 5.72% | ||
| OM | 65.58% | ||
| PM (TTM) | 42.73% | ||
| GM | 71.04% | ||
| FCFM | 16.33% |
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%
ROICexcg growth 3Y1.8%
ROICexcg 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 24.68 | ||
| Debt/EBITDA | 5.66 | ||
| Cap/Depr | 1581.27% | ||
| Cap/Sales | 8.29% | ||
| Interest Coverage | 4.98 | ||
| Cash Conversion | 37.23% | ||
| Profit Quality | 38.21% | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 1.18 |
F-Score5
WACC5.02%
ROIC/WACC1.12
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)80.61%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%-53.2%
EPS Next Y2.49%
EPS Next 2Y2.48%
EPS Next 3Y2.78%
EPS Next 5YN/A
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%1.96%
Revenue Next Year-1.95%
Revenue Next 2Y0.25%
Revenue Next 3Y1.07%
Revenue Next 5Y0.59%
EBIT growth 1Y0.84%
EBIT growth 3Y1.97%
EBIT growth 5Y1.58%
EBIT Next Year-1.76%
EBIT Next 3Y1.07%
EBIT Next 5YN/A
FCF growth 1Y-30.27%
FCF growth 3Y-3.5%
FCF growth 5Y5.65%
OCF growth 1Y-18.31%
OCF growth 3Y1.91%
OCF growth 5Y-1.65%