FREY (FREY.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:FREY - FR0010588079 - REIT
29.6 EUR
-0.2 (-0.67%)
FREY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. There are concerns on the financial health of FREY while its profitability can be described as average. FREY is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- FREY had positive earnings in the past year.
- In the past year FREY had a positive cash flow from operations.
- FREY had positive earnings in each of the past 5 years.
- In the past 5 years FREY always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of FREY (0.24%) is worse than 70.73% of its industry peers.
- FREY's Return On Equity of 0.63% is on the low side compared to the rest of the industry. FREY is outperformed by 70.73% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 3.39%, FREY is in line with its industry, outperforming 51.22% 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 3.37%.
- The last Return On Invested Capital (3.39%) for FREY is above the 3 year average (2.86%), which is a sign of increasing profitability.
| 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
- The Profit Margin of FREY (3.32%) is worse than 70.73% of its industry peers.
- FREY's Profit Margin has declined in the last couple of years.
- FREY's Operating Margin of 53.88% is on the low side compared to the rest of the industry. FREY is outperformed by 65.85% of its industry peers.
- FREY's Operating Margin has improved in the last couple of years.
- FREY has a Gross Margin of 67.76%. This is in the lower half of the industry: FREY underperforms 60.98% of its industry peers.
- In the last couple of years the Gross Margin of FREY has grown nicely.
| 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.
- The number of shares outstanding for FREY has been increased compared to 1 year ago.
- The number of shares outstanding for FREY has been increased compared to 5 years ago.
- FREY has a worse debt/assets ratio than last year.
2.2 Solvency
- FREY has an Altman-Z score of 0.58. 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 0.58, FREY is not doing good in the industry: 68.29% 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.
- FREY has a Debt to FCF ratio (19.08) which is comparable to the rest of the 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 worse Debt to Equity ratio (1.23) than 82.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 19.08 | ||
| Altman-Z | 0.58 |
ROIC/WACC0.63
WACC5.34%
2.3 Liquidity
- A Current Ratio of 1.07 indicates that FREY should not have too much problems paying its short term obligations.
- The Current ratio of FREY (1.07) is better than 82.93% of its industry peers.
- A Quick Ratio of 0.79 indicates that FREY may have some problems paying its short term obligations.
- FREY has a better Quick ratio (0.79) than 75.61% 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 -76.42%.
- FREY shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.11% yearly.
- Looking at the last year, FREY shows a quite strong growth in Revenue. The Revenue has grown by 8.84% in the last year.
- The Revenue has been growing by 22.50% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-76.42%
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
- Based on estimates for the next years, FREY will show a decrease in Earnings Per Share. The EPS will decrease by -5.90% on average per year.
- Based on estimates for the next years, FREY will show a quite strong growth in Revenue. The Revenue will grow by 17.29% on average per year.
EPS Next Y-44.76%
EPS Next 2Y-6.39%
EPS Next 3Y-5.9%
EPS Next 5YN/A
Revenue Next Year34.36%
Revenue Next 2Y24.34%
Revenue Next 3Y17.29%
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.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 148.00 indicates a quite expensive valuation of FREY.
- FREY's Price/Earnings ratio is a bit more expensive when compared to the industry. FREY is more expensive than 73.17% of the companies in the same industry.
- When comparing the Price/Earnings ratio of FREY to the average of the S&P500 Index (27.21), we can say FREY is valued expensively.
- The Price/Forward Earnings ratio is 15.77, which indicates a correct valuation of FREY.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FREY indicates a slightly more expensive valuation: FREY is more expensive than 70.73% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of FREY to the average of the S&P500 Index (25.98), we can say FREY is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 148 | ||
| Fwd PE | 15.77 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FREY is on the same level as its industry peers.
- FREY's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.77 | ||
| EV/EBITDA | 19.81 |
4.3 Compensation for Growth
- FREY's earnings are expected to decrease with -5.90% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.39%
EPS Next 3Y-5.9%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.38%, FREY is a good candidate for dividend investing.
- FREY's Dividend Yield is a higher than the industry average which is at 5.41.
- FREY's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
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
DP0%
EPS Next 2Y-6.39%
EPS Next 3Y-5.9%
FREY / FREY.PA FAQ
What is the ChartMill fundamental rating of FREY (FREY.PA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to FREY.PA.
Can you provide the valuation status for FREY?
ChartMill assigns a valuation rating of 2 / 10 to FREY (FREY.PA). This can be considered as Overvalued.
How profitable is FREY (FREY.PA) stock?
FREY (FREY.PA) has a profitability rating of 4 / 10.
What is the expected EPS growth for FREY (FREY.PA) stock?
The Earnings per Share (EPS) of FREY (FREY.PA) is expected to decline by -44.76% in the next year.
Can you provide the dividend sustainability for FREY stock?
The dividend rating of FREY (FREY.PA) is 6 / 10 and the dividend payout ratio is 0%.