GECINA SA (GFC.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:GFC - FR0010040865 - REIT
77.05 EUR
-0.75 (-0.96%)
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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- GFC had positive earnings in the past year.
- GFC had a positive operating cash flow in the past year.
- Of the past 5 years GFC 4 years were profitable.
- GFC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- GFC's Return On Assets of 1.71% is in line compared to the rest of the industry. GFC outperforms 47.62% of its industry peers.
- The Return On Equity of GFC (2.98%) is comparable to the rest of the industry.
- GFC has a Return On Invested Capital of 2.34%. This is in the lower half of the industry: GFC underperforms 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 3.45%.
- 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
- The Profit Margin of GFC (44.60%) 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.
- GFC's Operating Margin has been stable in the last couple of years.
- GFC has a better Gross Margin (91.97%) than 85.71% 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
- 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.
- The number of shares outstanding for GFC has been increased compared to 5 years ago.
- Compared to 1 year ago, GFC has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.04, we must say that GFC is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of GFC (1.04) is better than 69.05% of its industry peers.
- The Debt to FCF ratio of GFC is 72.04, which is on the high side as it means it would take GFC, 72.04 years of fcf income to pay off all of its debts.
- GFC has a worse Debt to FCF ratio (72.04) than 83.33% of its industry peers.
- A Debt/Equity ratio of 0.65 indicates that GFC is somewhat dependend on debt financing.
- GFC has a Debt to Equity ratio of 0.65. This is comparable to the rest of the industry: GFC outperforms 54.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.04 | ||
| Altman-Z | 1.04 |
ROIC/WACC0.54
WACC4.31%
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.
- GFC has a Current ratio (0.55) which is comparable to the rest of the industry.
- A Quick Ratio of 0.55 indicates that GFC may have some problems paying its short term obligations.
- GFC has a Quick ratio (0.55) which is in line with 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.
- 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%.
- 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 3.03% yearly.
- The Revenue is expected to grow by 4.53% on average over the next years.
EPS Next Y5.15%
EPS Next 2Y3.11%
EPS Next 3Y3.03%
EPS Next 5YN/A
Revenue Next Year3.7%
Revenue Next 2Y2.1%
Revenue Next 3Y2.7%
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
- Based on the Price/Earnings ratio of 11.64, the valuation of GFC can be described as reasonable.
- Based on the Price/Earnings ratio, GFC is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.21. GFC is valued rather cheaply when compared to this.
- GFC is valuated reasonably with a Price/Forward Earnings ratio of 11.29.
- GFC's Price/Forward Earnings is on the same level as the industry average.
- GFC is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.64 | ||
| Fwd PE | 11.29 |
4.2 Price Multiples
- GFC's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, GFC is valued more expensive than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.34 | ||
| EV/EBITDA | 18.88 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.26
PEG (5Y)7.6
EPS Next 2Y3.11%
EPS Next 3Y3.03%
5. Dividend
5.1 Amount
- GFC has a Yearly Dividend Yield of 7.01%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.43, GFC pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, GFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.01% |
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 127.77% of its income as dividend. This is not a sustainable payout ratio.
DP127.77%
EPS Next 2Y3.11%
EPS Next 3Y3.03%
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.
Can you provide the valuation status for GECINA SA?
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.
What is the valuation of GECINA SA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GECINA SA (GFC.PA) is 11.64 and the Price/Book (PB) ratio is 0.57.
Can you provide the financial health for GFC stock?
The financial health rating of GECINA SA (GFC.PA) is 2 / 10.