EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) Stock Fundamental Analysis
AMS:ECMPA - Euronext Amsterdam - NL0015000K93 - REIT - Currency: EUR
Overall ECMPA gets a fundamental rating of 5 out of 10. We evaluated ECMPA against 42 industry peers in the Diversified REITs industry. While ECMPA belongs to the best of the industry regarding profitability, 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.
1. Profitability
1.1 Basic Checks
ECMPA had positive earnings in the past year.
ECMPA had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 5.44%, ECMPA belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
ECMPA's Return On Equity of 10.21% is amongst the best of the industry. ECMPA outperforms 90.48% of its industry peers.
The Return On Invested Capital of ECMPA (5.60%) is better than 90.48% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ECMPA is in line with the industry average of 3.57%.
The last Return On Invested Capital (5.60%) for ECMPA is above the 3 year average (3.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.44% | ||
| ROE | 10.21% | ||
| ROIC | 5.6% |
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
Looking at the Profit Margin, with a value of 55.16%, ECMPA is in the better half of the industry, outperforming 61.90% of the companies in the same industry.
In the last couple of years the Profit Margin of ECMPA has grown nicely.
The Operating Margin of ECMPA (65.54%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ECMPA has remained more or less at the same level.
ECMPA's Gross Margin of 71.16% is in line compared to the rest of the industry. ECMPA outperforms 40.48% of its industry peers.
ECMPA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.54% | ||
| PM (TTM) | 55.16% | ||
| GM | 71.16% |
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.
Compared to 1 year ago, ECMPA has more shares outstanding
The number of shares outstanding for ECMPA has been increased compared to 5 years ago.
Compared to 1 year ago, ECMPA has an improved debt to assets ratio.
2.2 Solvency
ECMPA has an Altman-Z score of 1.25. This is a bad value and indicates that ECMPA is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.25, ECMPA belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
The Debt to FCF ratio of ECMPA is 22.54, which is on the high side as it means it would take ECMPA, 22.54 years of fcf income to pay off all of its debts.
ECMPA's Debt to FCF ratio of 22.54 is on the low side compared to the rest of the industry. ECMPA is outperformed by 64.29% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that ECMPA is somewhat dependend on debt financing.
The Debt to Equity ratio of ECMPA (0.69) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 22.54 | ||
| Altman-Z | 1.25 |
ROIC/WACC1.12
WACC5.01%
2.3 Liquidity
ECMPA has a Current Ratio of 0.40. This is a bad value and indicates that ECMPA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.40, ECMPA perfoms like the industry average, outperforming 40.48% of the companies in the same industry.
ECMPA has a Quick Ratio of 0.40. This is a bad value and indicates that ECMPA is not financially healthy enough and could expect problems in meeting its short term obligations.
ECMPA has a Quick ratio (0.40) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 483.19% over the past year.
ECMPA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.49% yearly.
ECMPA shows a small growth in Revenue. In the last year, the Revenue has grown by 2.30%.
ECMPA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.35% yearly.
EPS 1Y (TTM)483.19%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%15.38%
Revenue 1Y (TTM)2.3%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%2.7%
3.2 Future
ECMPA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.56% yearly.
The Revenue is expected to grow by 0.59% on average over the next years.
EPS Next Y2.77%
EPS Next 2Y2.59%
EPS Next 3Y2.56%
EPS Next 5YN/A
Revenue Next Year1.37%
Revenue Next 2Y1.92%
Revenue Next 3Y1.13%
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.
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
ECMPA is valuated cheaply with a Price/Earnings ratio of 6.63.
ECMPA's Price/Earnings ratio is rather cheap when compared to the industry. ECMPA is cheaper than 90.48% of the companies in the same industry.
ECMPA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.52.
Based on the Price/Forward Earnings ratio of 10.31, the valuation of ECMPA can be described as reasonable.
Based on the Price/Forward Earnings ratio, ECMPA is valued a bit cheaper than 66.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ECMPA to the average of the S&P500 Index (35.58), we can say ECMPA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.63 | ||
| Fwd PE | 10.31 |
4.2 Price Multiples
90.48% of the companies in the same industry are more expensive than ECMPA, based on the Enterprise Value to EBITDA ratio.
ECMPA's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. ECMPA is more expensive than 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.1 | ||
| EV/EBITDA | 11.75 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ECMPA may justify a higher PE ratio.
PEG (NY)2.39
PEG (5Y)0.36
EPS Next 2Y2.59%
EPS Next 3Y2.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.70%, ECMPA is a good candidate for dividend investing.
ECMPA's Dividend Yield is rather good when compared to the industry average which is at 5.56. ECMPA pays more dividend than 83.33% of the companies in the same industry.
ECMPA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.7% |
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 33.07% of its income as dividend. This is a sustainable payout ratio.
DP33.07%
EPS Next 2Y2.59%
EPS Next 3Y2.56%
AMS:ECMPA (7/14/2025, 5:35:30 PM)
26.6
-0.3 (-1.12%)
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 Cap1.48B
Analysts83.16
Price Target28.21 (6.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.7% |
Yearly Dividend1.33
Dividend Growth(5Y)-5.38%
DP33.07%
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%
PT rev (3m)0.33%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.63 | ||
| Fwd PE | 10.31 | ||
| P/S | 3.77 | ||
| P/FCF | 21.1 | ||
| P/OCF | 13.62 | ||
| P/B | 0.7 | ||
| P/tB | 0.7 | ||
| EV/EBITDA | 11.75 |
EPS(TTM)4.01
EY15.08%
EPS(NY)2.58
Fwd EY9.7%
FCF(TTM)1.26
FCFY4.74%
OCF(TTM)1.95
OCFY7.34%
SpS7.05
BVpS38.09
TBVpS38.09
PEG (NY)2.39
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.44% | ||
| ROE | 10.21% | ||
| ROCE | 6.81% | ||
| ROIC | 5.6% | ||
| ROICexc | 5.64% | ||
| ROICexgc | 5.64% | ||
| OM | 65.54% | ||
| PM (TTM) | 55.16% | ||
| GM | 71.16% | ||
| FCFM | 17.87% |
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%
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 | 0.69 | ||
| Debt/FCF | 22.54 | ||
| Debt/EBITDA | 5.65 | ||
| Cap/Depr | 1882.05% | ||
| Cap/Sales | 9.83% | ||
| Interest Coverage | 5 | ||
| Cash Conversion | 41.92% | ||
| Profit Quality | 32.4% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 1.25 |
F-Score5
WACC5.01%
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)483.19%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%15.38%
EPS Next Y2.77%
EPS Next 2Y2.59%
EPS Next 3Y2.56%
EPS Next 5YN/A
Revenue 1Y (TTM)2.3%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%2.7%
Revenue Next Year1.37%
Revenue Next 2Y1.92%
Revenue Next 3Y1.13%
Revenue Next 5Y0.59%
EBIT growth 1Y2.02%
EBIT growth 3Y1.97%
EBIT growth 5Y1.58%
EBIT Next Year-1.76%
EBIT Next 3Y1.07%
EBIT Next 5YN/A
FCF growth 1Y-24.33%
FCF growth 3Y-3.5%
FCF growth 5Y5.65%
OCF growth 1Y-9.67%
OCF growth 3Y1.91%
OCF growth 5Y-1.65%