FREY (FREY.PA) Stock Fundamental Analysis
Europe - EPA:FREY - FR0010588079 - REIT
28.4 EUR
-0.2 (-0.7%)
Overall FREY gets a fundamental rating of 4 out of 10. We evaluated FREY against 42 industry peers in the Diversified REITs industry. While FREY is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, FREY is valued expensive at the moment. Finally FREY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year FREY was profitable.
In the past year FREY had a positive cash flow from operations.
Each year in the past 5 years FREY has been profitable.
Each year in the past 5 years FREY had a positive operating cash flow.
1.2 Ratios
FREY has a Return On Assets of 0.24%. This is in the lower half of the industry: FREY underperforms 69.05% of its industry peers.
With a Return On Equity value of 0.63%, FREY is not doing good in the industry: 69.05% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 3.39%, FREY perfoms like the industry average, outperforming 54.76% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FREY is in line with the industry average of 3.40%.
The 3 year average ROIC (2.86%) for FREY is below the current ROIC(3.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.24% | ||
| ROE | 0.63% | ||
| ROIC | 3.39% |
ROA(3y)2.9%
ROA(5y)2.51%
ROE(3y)6.23%
ROE(5y)5.24%
ROIC(3y)2.86%
ROIC(5y)2.42%
1.3 Margins
FREY has a Profit Margin of 3.32%. This is in the lower half of the industry: FREY underperforms 69.05% of its industry peers.
In the last couple of years the Profit Margin of FREY has declined.
The Operating Margin of FREY (53.88%) is worse than 66.67% of its industry peers.
FREY's Operating Margin has improved in the last couple of years.
FREY's Gross Margin of 67.76% is on the low side compared to the rest of the industry. FREY is outperformed by 61.90% of its industry peers.
FREY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.88% | ||
| PM (TTM) | 3.32% | ||
| GM | 67.76% |
OM growth 3Y6.6%
OM growth 5Y8.25%
PM growth 3Y-31.93%
PM growth 5Y-21.84%
GM growth 3Y-0.01%
GM growth 5Y2.83%
2. Health
2.1 Basic Checks
FREY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, FREY has more shares outstanding
Compared to 5 years ago, FREY has more shares outstanding
FREY has a worse debt/assets ratio than last year.
2.2 Solvency
FREY has an Altman-Z score of 0.57. This is a bad value and indicates that FREY is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.57, FREY is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
The Debt to FCF ratio of FREY is 19.08, which is on the high side as it means it would take FREY, 19.08 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 19.08, FREY is in line with its industry, outperforming 45.24% of the companies in the same industry.
FREY has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
FREY has a Debt to Equity ratio of 1.23. This is amonst the worse of the industry: FREY underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 19.08 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.65
WACC5.23%
2.3 Liquidity
A Current Ratio of 1.07 indicates that FREY should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.07, FREY belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Quick Ratio of 0.79 indicates that FREY may have some problems paying its short term obligations.
FREY has a Quick ratio of 0.79. This is in the better half of the industry: FREY outperforms 73.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
FREY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -76.51%.
The Earnings Per Share has been decreasing by -9.11% on average over the past years.
FREY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.84%.
The Revenue has been growing by 22.50% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-76.51%
EPS 3Y-21.12%
EPS 5Y-9.11%
EPS Q2Q%-72.74%
Revenue 1Y (TTM)8.84%
Revenue growth 3Y24.69%
Revenue growth 5Y22.5%
Sales Q2Q%-2.28%
3.2 Future
FREY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.74% yearly.
The Revenue is expected to grow by 10.85% on average over the next years. This is quite good.
EPS Next Y-21.9%
EPS Next 2Y10.19%
EPS Next 3Y11.74%
EPS Next 5YN/A
Revenue Next Year25.15%
Revenue Next 2Y13.51%
Revenue Next 3Y10.85%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 142.00, the valuation of FREY can be described as expensive.
FREY's Price/Earnings ratio is a bit more expensive when compared to the industry. FREY is more expensive than 71.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.02. FREY is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 10.92 indicates a reasonable valuation of FREY.
FREY's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.57. FREY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142 | ||
| Fwd PE | 10.92 |
4.2 Price Multiples
FREY's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as FREY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.17 | ||
| EV/EBITDA | 19.5 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.19%
EPS Next 3Y11.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.55%, FREY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.55, FREY pays a bit more dividend than its industry peers.
FREY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.55% |
5.2 History
The dividend of FREY is nicely growing with an annual growth rate of 10.58%!
Dividend Growth(5Y)10.58%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The dividend of FREY is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP0%
EPS Next 2Y10.19%
EPS Next 3Y11.74%
EPA:FREY (10/10/2025, 7:00:00 PM)
28.4
-0.2 (-0.7%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners28.11%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap915.90M
Analysts85.71
Price Target32.64 (14.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.55% |
Yearly Dividend1.8
Dividend Growth(5Y)10.58%
DP0%
Div Incr Years1
Div Non Decr Years1
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)-23.72%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142 | ||
| Fwd PE | 10.92 | ||
| P/S | 4.84 | ||
| P/FCF | 14.17 | ||
| P/OCF | 8.05 | ||
| P/B | 0.92 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | 19.5 |
EPS(TTM)0.2
EY0.7%
EPS(NY)2.6
Fwd EY9.16%
FCF(TTM)2
FCFY7.06%
OCF(TTM)3.53
OCFY12.43%
SpS5.86
BVpS30.87
TBVpS30.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.24% | ||
| ROE | 0.63% | ||
| ROCE | 4.36% | ||
| ROIC | 3.39% | ||
| ROICexc | 3.58% | ||
| ROICexgc | 3.61% | ||
| OM | 53.88% | ||
| PM (TTM) | 3.32% | ||
| GM | 67.76% | ||
| FCFM | 34.17% |
ROA(3y)2.9%
ROA(5y)2.51%
ROE(3y)6.23%
ROE(5y)5.24%
ROIC(3y)2.86%
ROIC(5y)2.42%
ROICexc(3y)3.17%
ROICexc(5y)2.64%
ROICexgc(3y)3.19%
ROICexgc(5y)2.66%
ROCE(3y)3.68%
ROCE(5y)3.11%
ROICexcg growth 3Y22.36%
ROICexcg growth 5Y18.32%
ROICexc growth 3Y22.19%
ROICexc growth 5Y18.35%
OM growth 3Y6.6%
OM growth 5Y8.25%
PM growth 3Y-31.93%
PM growth 5Y-21.84%
GM growth 3Y-0.01%
GM growth 5Y2.83%
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 19.08 | ||
| Debt/EBITDA | 11.8 | ||
| Cap/Depr | 2824.45% | ||
| Cap/Sales | 26.02% | ||
| Interest Coverage | 2.38 | ||
| Cash Conversion | 109.82% | ||
| Profit Quality | 1030.52% | ||
| Current Ratio | 1.07 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 0.57 |
F-Score6
WACC5.23%
ROIC/WACC0.65
Cap/Depr(3y)1068.31%
Cap/Depr(5y)2055.17%
Cap/Sales(3y)10.88%
Cap/Sales(5y)23.92%
Profit Quality(3y)166.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-76.51%
EPS 3Y-21.12%
EPS 5Y-9.11%
EPS Q2Q%-72.74%
EPS Next Y-21.9%
EPS Next 2Y10.19%
EPS Next 3Y11.74%
EPS Next 5YN/A
Revenue 1Y (TTM)8.84%
Revenue growth 3Y24.69%
Revenue growth 5Y22.5%
Sales Q2Q%-2.28%
Revenue Next Year25.15%
Revenue Next 2Y13.51%
Revenue Next 3Y10.85%
Revenue Next 5YN/A
EBIT growth 1Y8.25%
EBIT growth 3Y32.91%
EBIT growth 5Y32.6%
EBIT Next Year56.76%
EBIT Next 3Y20.04%
EBIT Next 5YN/A
FCF growth 1Y-5.87%
FCF growth 3Y12.82%
FCF growth 5YN/A
OCF growth 1Y57.23%
OCF growth 3Y29.04%
OCF growth 5Y31.03%