EUROCOMMERCIAL PROPERTIES NV (ECMPM.MI) Stock Fundamental Analysis
BIT:ECMPM - NL0015000K93 - REIT
28.7 EUR
+0.75 (+2.68%)
We assign a fundamental rating of 5 out of 10 to ECMPM. ECMPM was compared to 42 industry peers in the Diversified REITs industry. While ECMPM belongs to the best of the industry regarding profitability, there are concerns on its financial health. ECMPM has a decent growth rate and is not valued too expensively. Finally ECMPM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ECMPM was profitable.
ECMPM had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ECMPM reported negative net income in multiple years.
Each year in the past 5 years ECMPM had a positive operating cash flow.
1.2 Ratios
ECMPM has a better Return On Assets (5.44%) than 90.48% of its industry peers.
ECMPM has a Return On Equity of 10.21%. This is amongst the best in the industry. ECMPM outperforms 88.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.60%, ECMPM belongs to the top of the industry, outperforming 88.10% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ECMPM is in line with the industry average of 3.58%.
The last Return On Invested Capital (5.60%) for ECMPM 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
With a decent Profit Margin value of 55.16%, ECMPM is doing good in the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Profit Margin of ECMPM has grown nicely.
ECMPM's Operating Margin of 65.54% is in line compared to the rest of the industry. ECMPM outperforms 42.86% of its industry peers.
ECMPM's Operating Margin has been stable in the last couple of years.
The Gross Margin of ECMPM (71.16%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ECMPM has remained more or less at the same level.
| 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), ECMPM is creating some value.
Compared to 1 year ago, ECMPM has more shares outstanding
The number of shares outstanding for ECMPM has been increased compared to 5 years ago.
Compared to 1 year ago, ECMPM has an improved debt to assets ratio.
2.2 Solvency
ECMPM has an Altman-Z score of 1.28. This is a bad value and indicates that ECMPM is not financially healthy and even has some risk of bankruptcy.
ECMPM has a Altman-Z score of 1.28. This is amongst the best in the industry. ECMPM outperforms 80.95% of its industry peers.
The Debt to FCF ratio of ECMPM is 22.54, which is on the high side as it means it would take ECMPM, 22.54 years of fcf income to pay off all of its debts.
ECMPM has a Debt to FCF ratio of 22.54. This is in the lower half of the industry: ECMPM underperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that ECMPM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, ECMPM is in line with its industry, outperforming 54.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 22.54 | ||
| Altman-Z | 1.28 |
ROIC/WACC1.1
WACC5.08%
2.3 Liquidity
A Current Ratio of 0.40 indicates that ECMPM may have some problems paying its short term obligations.
ECMPM's Current ratio of 0.40 is in line compared to the rest of the industry. ECMPM outperforms 40.48% of its industry peers.
ECMPM has a Quick Ratio of 0.40. This is a bad value and indicates that ECMPM is not financially healthy enough and could expect problems in meeting its short term obligations.
ECMPM has a Quick ratio of 0.40. This is comparable to the rest of the industry: ECMPM outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
ECMPM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 483.19%, which is quite impressive.
The Earnings Per Share has been growing by 18.49% on average over the past years. This is quite good.
ECMPM shows a small growth in Revenue. In the last year, the Revenue has grown by 2.30%.
Measured over the past years, ECMPM shows a small growth in Revenue. The Revenue has been growing by 2.35% on average per year.
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
The Earnings Per Share is expected to grow by 2.78% on average over the next years.
ECMPM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.59% yearly.
EPS Next Y2.49%
EPS Next 2Y2.48%
EPS Next 3Y2.78%
EPS Next 5YN/A
Revenue Next Year0.91%
Revenue Next 2Y1.62%
Revenue Next 3Y1.04%
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
The Price/Earnings ratio is 7.16, which indicates a rather cheap valuation of ECMPM.
ECMPM's Price/Earnings ratio is rather cheap when compared to the industry. ECMPM is cheaper than 95.24% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.24. ECMPM is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 11.15, the valuation of ECMPM can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ECMPM indicates a somewhat cheap valuation: ECMPM is cheaper than 64.29% of the companies listed in the same industry.
ECMPM is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.16 | ||
| Fwd PE | 11.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ECMPM is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
69.05% of the companies in the same industry are cheaper than ECMPM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.77 | ||
| EV/EBITDA | 12.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ECMPM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.87
PEG (5Y)0.39
EPS Next 2Y2.48%
EPS Next 3Y2.78%
5. Dividend
5.1 Amount
ECMPM has a Yearly Dividend Yield of 6.46%, which is a nice return.
ECMPM's Dividend Yield is rather good when compared to the industry average which is at 5.39. ECMPM pays more dividend than 83.33% of the companies in the same industry.
ECMPM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
5.2 History
The dividend of ECMPM decreases each year by -5.38%.
Dividend Growth(5Y)-5.38%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ECMPM pays out 33.07% of its income as dividend. This is a sustainable payout ratio.
DP33.07%
EPS Next 2Y2.48%
EPS Next 3Y2.78%
BIT:ECMPM (8/11/2025, 7:00:00 PM)
28.7
+0.75 (+2.68%)
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 Cap1.59B
Analysts83.16
Price Target29.03 (1.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
Yearly Dividend1.33
Dividend Growth(5Y)-5.38%
DP33.07%
Div Incr Years0
Div Non Decr Years0
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)3.69%
PT rev (3m)3.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.27%
EPS NY rev (3m)-0.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.45%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.16 | ||
| Fwd PE | 11.15 | ||
| P/S | 4.07 | ||
| P/FCF | 22.77 | ||
| P/OCF | 14.69 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 12.14 |
EPS(TTM)4.01
EY13.97%
EPS(NY)2.57
Fwd EY8.97%
FCF(TTM)1.26
FCFY4.39%
OCF(TTM)1.95
OCFY6.81%
SpS7.05
BVpS38.09
TBVpS38.09
PEG (NY)2.87
PEG (5Y)0.39
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 | 1.28 |
F-Score5
WACC5.08%
ROIC/WACC1.1
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 Y2.49%
EPS Next 2Y2.48%
EPS Next 3Y2.78%
EPS Next 5YN/A
Revenue 1Y (TTM)2.3%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%2.7%
Revenue Next Year0.91%
Revenue Next 2Y1.62%
Revenue Next 3Y1.04%
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%