GECINA SA (GFC.PA) Stock Fundamental Analysis
EPA:GFC - FR0010040865 - REIT
84.5 EUR
+0.2 (+0.24%)
Overall GFC gets a fundamental rating of 4 out of 10. We evaluated GFC against 42 industry peers in the Diversified REITs industry. GFC has a medium profitability rating, but doesn't score so well on its financial health evaluation. GFC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GFC was profitable.
GFC had a positive operating cash flow in the past year.
GFC had positive earnings in 4 of the past 5 years.
In the past 5 years GFC always reported a positive cash flow from operatings.
1.2 Ratios
GFC's Return On Assets of 1.71% is in line compared to the rest of the industry. GFC outperforms 52.38% of its industry peers.
The Return On Equity of GFC (2.98%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.34%, GFC is doing worse than 73.81% of the companies in the same industry.
GFC had an Average Return On Invested Capital over the past 3 years of 2.16%. This is in line with the industry average of 3.38%.
The 3 year average ROIC (2.16%) for GFC is below the current ROIC(2.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 2.98% | ||
| ROIC | 2.34% |
ROA(3y)-2.53%
ROA(5y)-0.53%
ROE(3y)-4.2%
ROE(5y)-0.96%
ROIC(3y)2.16%
ROIC(5y)2.04%
1.3 Margins
With a decent Profit Margin value of 44.60%, GFC is doing good in the industry, outperforming 64.29% of the companies in the same industry.
GFC's Profit Margin has declined in the last couple of years.
GFC has a Operating Margin of 79.23%. This is in the better half of the industry: GFC outperforms 76.19% of its industry peers.
In the last couple of years the Operating Margin of GFC has remained more or less at the same level.
GFC has a better Gross Margin (91.97%) than 80.95% of its industry peers.
GFC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 79.23% | ||
| PM (TTM) | 44.6% | ||
| GM | 91.97% |
OM growth 3Y1.41%
OM growth 5Y0.49%
PM growth 3Y-31.45%
PM growth 5Y-27.48%
GM growth 3Y0.86%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GFC is destroying value.
Compared to 1 year ago, GFC has about the same amount of shares outstanding.
GFC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GFC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.08, we must say that GFC is in the distress zone and has some risk of bankruptcy.
GFC has a Altman-Z score of 1.08. This is in the better half of the industry: GFC outperforms 69.05% of its industry peers.
The Debt to FCF ratio of GFC is 72.06, which is on the high side as it means it would take GFC, 72.06 years of fcf income to pay off all of its debts.
GFC has a worse Debt to FCF ratio (72.06) than 80.95% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that GFC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.65, GFC is in the better half of the industry, outperforming 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.54
WACC4.31%
2.3 Liquidity
A Current Ratio of 0.55 indicates that GFC may have some problems paying its short term obligations.
GFC's Current ratio of 0.55 is in line compared to the rest of the industry. GFC outperforms 57.14% of its industry peers.
GFC has a Quick Ratio of 0.55. This is a bad value and indicates that GFC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.55, GFC perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.75% over the past year.
The Earnings Per Share has been growing slightly by 1.53% on average over the past years.
Looking at the last year, GFC shows a small growth in Revenue. The Revenue has grown by 4.15% in the last year.
Measured over the past years, GFC shows a small growth in Revenue. The Revenue has been growing by 0.38% on average per year.
EPS 1Y (TTM)5.75%
EPS 3Y6.47%
EPS 5Y1.53%
EPS Q2Q%6.29%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%4.9%
3.2 Future
GFC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.11% yearly.
The Revenue is expected to grow by 4.53% on average over the next years.
EPS Next Y5.09%
EPS Next 2Y3.1%
EPS Next 3Y3.11%
EPS Next 5YN/A
Revenue Next Year2.97%
Revenue Next 2Y2.26%
Revenue Next 3Y3.04%
Revenue Next 5Y4.53%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.76, which indicates a correct valuation of GFC.
GFC's Price/Earnings ratio is a bit cheaper when compared to the industry. GFC is cheaper than 66.67% of the companies in the same industry.
GFC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.43.
A Price/Forward Earnings ratio of 12.38 indicates a correct valuation of GFC.
Based on the Price/Forward Earnings ratio, GFC is valued a bit more expensive than 61.90% of the companies in the same industry.
GFC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 12.38 |
4.2 Price Multiples
GFC's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, GFC is valued expensively inside the industry as 83.33% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.34 | ||
| EV/EBITDA | 19.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GFC does not grow enough to justify the current Price/Earnings ratio.
GFC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.51
PEG (5Y)8.33
EPS Next 2Y3.1%
EPS Next 3Y3.11%
5. Dividend
5.1 Amount
GFC has a Yearly Dividend Yield of 6.59%, which is a nice return.
Compared to an average industry Dividend Yield of 5.48, GFC pays a better dividend. On top of this GFC pays more dividend than 80.95% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, GFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
5.2 History
The dividend of GFC decreases each year by -0.70%.
Dividend Growth(5Y)-0.7%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
GFC pays out 127.92% of its income as dividend. This is not a sustainable payout ratio.
DP127.92%
EPS Next 2Y3.1%
EPS Next 3Y3.11%
EPA:GFC (9/12/2025, 10:00:48 AM)
84.5
+0.2 (+0.24%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners59.76%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap6.48B
Analysts77.27
Price Target111.07 (31.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.59% |
Yearly Dividend5.31
Dividend Growth(5Y)-0.7%
DP127.92%
Div Incr Years1
Div Non Decr Years4
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)-1.46%
PT rev (3m)-1.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.18%
EPS NY rev (3m)0.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.76 | ||
| Fwd PE | 12.38 | ||
| P/S | 9.34 | ||
| P/FCF | 68.34 | ||
| P/OCF | 12.56 | ||
| P/B | 0.62 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 19.76 |
EPS(TTM)6.62
EY7.83%
EPS(NY)6.82
Fwd EY8.08%
FCF(TTM)1.24
FCFY1.46%
OCF(TTM)6.73
OCFY7.96%
SpS9.05
BVpS135.5
TBVpS133.19
PEG (NY)2.51
PEG (5Y)8.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 2.98% | ||
| ROCE | 3.48% | ||
| ROIC | 2.34% | ||
| ROICexc | 2.44% | ||
| ROICexgc | 2.47% | ||
| OM | 79.23% | ||
| PM (TTM) | 44.6% | ||
| GM | 91.97% | ||
| FCFM | 13.66% |
ROA(3y)-2.53%
ROA(5y)-0.53%
ROE(3y)-4.2%
ROE(5y)-0.96%
ROIC(3y)2.16%
ROIC(5y)2.04%
ROICexc(3y)2.18%
ROICexc(5y)2.06%
ROICexgc(3y)2.2%
ROICexgc(5y)2.08%
ROCE(3y)3.06%
ROCE(5y)2.88%
ROICexcg growth 3Y11.07%
ROICexcg growth 5Y4.35%
ROICexc growth 3Y11.05%
ROICexc growth 5Y4.34%
OM growth 3Y1.41%
OM growth 5Y0.49%
PM growth 3Y-31.45%
PM growth 5Y-27.48%
GM growth 3Y0.86%
GM growth 5Y0.26%
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Debt/EBITDA | 11.98 | ||
| Cap/Depr | 3437.7% | ||
| Cap/Sales | 60.7% | ||
| Interest Coverage | 6.34 | ||
| Cash Conversion | 91.81% | ||
| Profit Quality | 30.63% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 1.08 |
F-Score8
WACC4.31%
ROIC/WACC0.54
Cap/Depr(3y)4148.07%
Cap/Depr(5y)3166.16%
Cap/Sales(3y)60.99%
Cap/Sales(5y)56.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.75%
EPS 3Y6.47%
EPS 5Y1.53%
EPS Q2Q%6.29%
EPS Next Y5.09%
EPS Next 2Y3.1%
EPS Next 3Y3.11%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%4.9%
Revenue Next Year2.97%
Revenue Next 2Y2.26%
Revenue Next 3Y3.04%
Revenue Next 5Y4.53%
EBIT growth 1Y5.05%
EBIT growth 3Y5.7%
EBIT growth 5Y0.87%
EBIT Next Year5.63%
EBIT Next 3Y4.43%
EBIT Next 5Y4.58%
FCF growth 1Y-15.63%
FCF growth 3Y6.25%
FCF growth 5Y15.9%
OCF growth 1Y2.09%
OCF growth 3Y7.59%
OCF growth 5Y-0.67%