GECINA SA (GFC.PA) Stock Fundamental Analysis
EPA:GFC - Euronext Paris - Matif - FR0010040865 - REIT - Currency: EUR
Overall GFC gets a fundamental rating of 4 out of 10. We evaluated GFC against 41 industry peers in the Diversified REITs industry. GFC has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, GFC is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year GFC was profitable.
GFC had a positive operating cash flow in the past year.
Of the past 5 years GFC 4 years were profitable.
Each year in the past 5 years GFC had a positive operating cash flow.
1.2 Ratios
GFC has a Return On Assets of 1.73%. This is comparable to the rest of the industry: GFC outperforms 53.66% of its industry peers.
GFC's Return On Equity of 2.95% is in line compared to the rest of the industry. GFC outperforms 51.22% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.39%, GFC is doing worse than 75.61% 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 3.99%.
The 3 year average ROIC (2.16%) for GFC is below the current ROIC(2.39%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 2.95% | ||
| ROIC | 2.39% |
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
Looking at the Profit Margin, with a value of 44.60%, GFC is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
GFC's Profit Margin has declined in the last couple of years.
GFC has a better Operating Margin (79.23%) than 68.29% of its industry peers.
In the last couple of years the Operating Margin of GFC has remained more or less at the same level.
Looking at the Gross Margin, with a value of 91.97%, GFC belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
In the last couple of years the Gross Margin of GFC has remained more or less at the same level.
| 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
GFC 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, GFC has about the same amount of shares outstanding.
Compared to 5 years ago, GFC has more shares outstanding
The debt/assets ratio for GFC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that GFC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.16, GFC is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
GFC has a debt to FCF ratio of 46.20. This is a negative value and a sign of low solvency as GFC would need 46.20 years to pay back of all of its debts.
With a Debt to FCF ratio value of 46.20, GFC is not doing good in the industry: 75.61% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.59 indicates that GFC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.59, GFC is in the better half of the industry, outperforming 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 46.2 | ||
| Altman-Z | 1.16 |
ROIC/WACC0.55
WACC4.31%
2.3 Liquidity
GFC has a Current Ratio of 0.72. This is a bad value and indicates that GFC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.72, GFC is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
GFC has a Quick Ratio of 0.72. This is a bad value and indicates that GFC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.72, GFC is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
GFC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.82%.
The Earnings Per Share has been growing slightly by 1.53% on average over the past years.
GFC shows a small growth in Revenue. In the last year, the Revenue has grown by 4.15%.
The Revenue has been growing slightly by 0.38% on average over the past years.
EPS 1Y (TTM)6.82%
EPS 3Y6.47%
EPS 5Y1.53%
EPS Q2Q%5.19%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%5.24%
3.2 Future
GFC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.44% yearly.
GFC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.53% yearly.
EPS Next Y5.44%
EPS Next 2Y4.16%
EPS Next 3Y3.44%
EPS Next 5YN/A
Revenue Next Year3.97%
Revenue Next 2Y3.19%
Revenue Next 3Y3.91%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.41 indicates a correct valuation of GFC.
GFC's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.07, GFC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.72, the valuation of GFC can be described as correct.
60.98% of the companies in the same industry are cheaper than GFC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.05. GFC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.41 | ||
| Fwd PE | 12.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GFC is valued a bit more expensive than the industry average as 60.98% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GFC indicates a slightly more expensive valuation: GFC is more expensive than 78.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.51 | ||
| EV/EBITDA | 21.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
GFC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.47
PEG (5Y)8.75
EPS Next 2Y4.16%
EPS Next 3Y3.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.43%, GFC is a good candidate for dividend investing.
GFC's Dividend Yield is a higher than the industry average which is at 8.11.
Compared to an average S&P500 Dividend Yield of 2.39, GFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
5.2 History
The dividend of GFC decreases each year by -0.70%.
Dividend Growth(5Y)-0.7%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
126.65% of the earnings are spent on dividend by GFC. This is not a sustainable payout ratio.
DP126.65%
EPS Next 2Y4.16%
EPS Next 3Y3.44%
EPA:GFC (3/26/2025, 5:36:15 PM)
86.1
-0.2 (-0.23%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners62.39%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap6.61B
Analysts79.13
Price Target116.62 (35.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
Yearly Dividend5.31
Dividend Growth(5Y)-0.7%
DP126.65%
Div Incr Years0
Div Non Decr Years3
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)-0.26%
PT rev (3m)-1.78%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.41 | ||
| Fwd PE | 12.72 | ||
| P/S | 9.51 | ||
| P/FCF | 45.51 | ||
| P/OCF | 11.02 | ||
| P/B | 0.63 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 21.89 |
EPS(TTM)6.42
EY7.46%
EPS(NY)6.77
Fwd EY7.86%
FCF(TTM)1.89
FCFY2.2%
OCF(TTM)7.82
OCFY9.08%
SpS9.05
BVpS136.9
TBVpS134.59
PEG (NY)2.47
PEG (5Y)8.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 2.95% | ||
| ROCE | 3.42% | ||
| ROIC | 2.39% | ||
| ROICexc | 2.41% | ||
| ROICexgc | 2.44% | ||
| OM | 79.23% | ||
| PM (TTM) | 44.6% | ||
| GM | 91.97% | ||
| FCFM | 20.9% |
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 | 0.59 | ||
| Debt/FCF | 46.2 | ||
| Debt/EBITDA | 11.03 | ||
| Cap/Depr | 3707.94% | ||
| Cap/Sales | 65.47% | ||
| Interest Coverage | 7.71 | ||
| Cash Conversion | 106.64% | ||
| Profit Quality | 46.87% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 1.16 |
F-Score8
WACC4.31%
ROIC/WACC0.55
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)6.82%
EPS 3Y6.47%
EPS 5Y1.53%
EPS Q2Q%5.19%
EPS Next Y5.44%
EPS Next 2Y4.16%
EPS Next 3Y3.44%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%5.24%
Revenue Next Year3.97%
Revenue Next 2Y3.19%
Revenue Next 3Y3.91%
Revenue Next 5Y4.53%
EBIT growth 1Y5.05%
EBIT growth 3Y5.7%
EBIT growth 5Y0.87%
EBIT Next Year7.7%
EBIT Next 3Y4.41%
EBIT Next 5Y4.58%
FCF growth 1Y0.51%
FCF growth 3Y6.25%
FCF growth 5Y15.9%
OCF growth 1Y12.13%
OCF growth 3Y7.59%
OCF growth 5Y-0.67%