GECINA SA (GFC.PA) Stock Fundamental Analysis
Europe - EPA:GFC - FR0010040865 - REIT
81.975 EUR
+0.52 (+0.64%)
We assign a fundamental rating of 4 out of 10 to GFC. GFC was compared to 38 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 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.
Each year in the past 5 years GFC had a positive operating cash flow.
1.2 Ratios
GFC has a Return On Assets of 1.71%. This is comparable to the rest of the industry: GFC outperforms 47.37% of its industry peers.
The Return On Equity of GFC (2.98%) is worse than 60.53% of its industry peers.
The Return On Invested Capital of GFC (2.34%) is worse than 81.58% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GFC is in line with the industry average of 3.49%.
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's Profit Margin of 44.60% is fine compared to the rest of the industry. GFC outperforms 60.53% of its industry peers.
In the last couple of years the Profit Margin of GFC has declined.
GFC's Operating Margin of 79.23% is fine compared to the rest of the industry. GFC outperforms 73.68% of its industry peers.
GFC's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 91.97%, GFC belongs to the best of the industry, outperforming 81.58% 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.
The number of shares outstanding for GFC remains at a similar level compared to 1 year ago.
GFC has more shares outstanding than it did 5 years ago.
GFC has a worse debt/assets ratio than last year.
2.2 Solvency
GFC has an Altman-Z score of 1.06. This is a bad value and indicates that GFC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GFC (1.06) is better than 68.42% 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.
The Debt to FCF ratio of GFC (72.06) is worse than 84.21% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that GFC is somewhat dependend on debt financing.
GFC's Debt to Equity ratio of 0.65 is in line compared to the rest of the industry. GFC outperforms 57.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Altman-Z | 1.06 |
ROIC/WACC0.53
WACC4.39%
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.
With a decent Current ratio value of 0.55, GFC is doing good in the industry, outperforming 60.53% 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 better than 63.16% of its industry peers.
| 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.
Measured over the past 5 years, GFC shows a small growth in Earnings Per Share. The EPS has been growing by 1.53% on average per year.
GFC shows a small growth in Revenue. In the last year, the Revenue has grown by 4.15%.
GFC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.38% yearly.
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 Y5.13%
EPS Next 2Y2.98%
EPS Next 3Y3.11%
EPS Next 5YN/A
Revenue Next Year2.92%
Revenue Next 2Y1.52%
Revenue Next 3Y2.35%
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 12.38 indicates a correct valuation of GFC.
Based on the Price/Earnings ratio, GFC is valued a bit cheaper than the industry average as 63.16% of the companies are valued more expensively.
GFC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.34.
A Price/Forward Earnings ratio of 12.04 indicates a correct valuation of GFC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GFC is on the same level as its industry peers.
GFC is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.43, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.38 | ||
| Fwd PE | 12.04 |
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 more expensive than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.34 | ||
| EV/EBITDA | 19.38 |
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)2.41
PEG (5Y)8.08
EPS Next 2Y2.98%
EPS Next 3Y3.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.81%, GFC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.98, GFC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, GFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.81% |
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 2Y2.98%
EPS Next 3Y3.11%
EPA:GFC (11/13/2025, 5:00:15 PM)
81.975
+0.52 (+0.64%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners60.34%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap6.29B
Revenue(TTM)694.48M
Net Income(TTM)309.76M
Analysts80
Price Target111.21 (35.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.81% |
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)-1.5%
PT rev (3m)0.07%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.38 | ||
| Fwd PE | 12.04 | ||
| P/S | 9.06 | ||
| P/FCF | 66.34 | ||
| P/OCF | 12.19 | ||
| P/B | 0.61 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 19.38 |
EPS(TTM)6.62
EY8.08%
EPS(NY)6.81
Fwd EY8.31%
FCF(TTM)1.24
FCFY1.51%
OCF(TTM)6.73
OCFY8.2%
SpS9.04
BVpS135.41
TBVpS133.11
PEG (NY)2.41
PEG (5Y)8.08
Graham Number142.02
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%
ROICexgc growth 3Y11.07%
ROICexgc 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 | 1.06 |
F-Score8
WACC4.39%
ROIC/WACC0.53
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 Y5.13%
EPS Next 2Y2.98%
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 Year2.92%
Revenue Next 2Y1.52%
Revenue Next 3Y2.35%
Revenue Next 5Y4.53%
EBIT growth 1Y5.05%
EBIT growth 3Y5.7%
EBIT growth 5Y0.87%
EBIT Next Year5.26%
EBIT Next 3Y3.7%
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%
GECINA SA / GFC.PA FAQ
Can you provide the ChartMill fundamental rating for GECINA SA?
ChartMill assigns a fundamental rating of 4 / 10 to GFC.PA.
What is the valuation status for GFC stock?
ChartMill assigns a valuation rating of 4 / 10 to GECINA SA (GFC.PA). This can be considered as Fairly Valued.
What is the profitability of GFC stock?
GECINA SA (GFC.PA) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for GFC stock?
The Earnings per Share (EPS) of GECINA SA (GFC.PA) is expected to grow by 5.13% in the next year.
How sustainable is the dividend of GECINA SA (GFC.PA) stock?
The dividend rating of GECINA SA (GFC.PA) is 4 / 10 and the dividend payout ratio is 127.92%.