GECINA SA (GFC.PA) Stock Fundamental Analysis
EPA:GFC - FR0010040865 - REIT
86.55 EUR
0 (0%)
Overall GFC gets a fundamental rating of 4 out of 10. We evaluated GFC against 42 industry peers in the Diversified REITs industry. While GFC is still in line with the averages on profitability rating, there are concerns on its financial health. GFC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GFC was profitable.
In the past year GFC had a positive cash flow from operations.
GFC had positive earnings in 4 of the past 5 years.
GFC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GFC has a Return On Assets (1.71%) which is comparable to the rest of the industry.
With a Return On Equity value of 2.98%, GFC perfoms like the industry average, outperforming 40.48% of the companies in the same industry.
GFC has a worse Return On Invested Capital (2.34%) than 76.19% of its industry peers.
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 3.58%.
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
GFC has a Profit Margin (44.60%) which is comparable to the rest of the industry.
GFC's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 79.23%, GFC is in the better half of the industry, outperforming 73.81% of the companies in the same industry.
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 80.95% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GFC is destroying value.
GFC has about the same amout of shares outstanding than it did 1 year ago.
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 1.09, we must say that GFC is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GFC (1.09) is better than 66.67% 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 Debt to FCF ratio of 72.06. This is amonst the worse of the industry: GFC underperforms 83.33% of its industry peers.
GFC has a Debt/Equity ratio of 0.65. This is a neutral value indicating GFC is somewhat dependend on debt financing.
GFC has a better Debt to Equity ratio (0.65) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Altman-Z | 1.09 |
ROIC/WACC0.54
WACC4.36%
2.3 Liquidity
GFC has a Current 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.
Looking at the Current ratio, with a value of 0.55, GFC is in line with its industry, outperforming 57.14% of the companies in the same industry.
A Quick Ratio of 0.55 indicates that GFC may have some problems paying its short term obligations.
The Quick ratio of GFC (0.55) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
GFC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.75%.
The Earnings Per Share has been growing slightly by 1.53% on average over the past years.
The Revenue has been growing slightly by 4.15% in the past 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
Based on estimates for the next years, GFC will show a small growth in Earnings Per Share. The EPS will grow by 2.83% on average per year.
GFC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.53% yearly.
EPS Next Y4.89%
EPS Next 2Y3.52%
EPS Next 3Y2.83%
EPS Next 5YN/A
Revenue Next Year3.31%
Revenue Next 2Y2.14%
Revenue Next 3Y2.94%
Revenue Next 5Y4.53%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
A Price/Earnings ratio of 13.07 indicates a correct valuation of GFC.
Based on the Price/Earnings ratio, GFC is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.76, GFC is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.58, GFC is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GFC is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of GFC to the average of the S&P500 Index (34.91), we can say GFC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.07 | ||
| Fwd PE | 12.58 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GFC.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GFC indicates a rather expensive valuation: GFC more expensive than 85.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.99 | ||
| EV/EBITDA | 20.07 |
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.
PEG (NY)2.67
PEG (5Y)8.53
EPS Next 2Y3.52%
EPS Next 3Y2.83%
5. Dividend
5.1 Amount
GFC has a Yearly Dividend Yield of 6.29%, which is a nice return.
GFC's Dividend Yield is a higher than the industry average which is at 5.39.
Compared to an average S&P500 Dividend Yield of 2.36, GFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.29% |
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
127.92% of the earnings are spent on dividend by GFC. This is not a sustainable payout ratio.
DP127.92%
EPS Next 2Y3.52%
EPS Next 3Y2.83%
EPA:GFC (8/22/2025, 11:33:40 AM)
86.55
0 (0%)
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 Cap6.64B
Analysts77.27
Price Target111.13 (28.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.29% |
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)-0.62%
PT rev (3m)-1.05%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.07 | ||
| Fwd PE | 12.58 | ||
| P/S | 9.56 | ||
| P/FCF | 69.99 | ||
| P/OCF | 12.86 | ||
| P/B | 0.64 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 20.07 |
EPS(TTM)6.62
EY7.65%
EPS(NY)6.88
Fwd EY7.95%
FCF(TTM)1.24
FCFY1.43%
OCF(TTM)6.73
OCFY7.78%
SpS9.05
BVpS135.5
TBVpS133.19
PEG (NY)2.67
PEG (5Y)8.53
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 | 1.09 |
F-Score8
WACC4.36%
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 Y4.89%
EPS Next 2Y3.52%
EPS Next 3Y2.83%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%4.9%
Revenue Next Year3.31%
Revenue Next 2Y2.14%
Revenue Next 3Y2.94%
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%