GECINA SA (GFC.PA) Stock Fundamental Analysis
Europe - EPA:GFC - FR0010040865 - REIT
82.2 EUR
+0.45 (+0.55%)
Taking everything into account, GFC scores 4 out of 10 in our fundamental rating. GFC was compared to 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.
In the past 5 years GFC always reported a positive cash flow from operatings.
1.2 Ratios
GFC has a Return On Assets (1.71%) which is comparable to the rest of the industry.
The Return On Equity of GFC (2.98%) is comparable to the rest of the industry.
GFC's Return On Invested Capital of 2.34% is on the low side compared to the rest of the industry. GFC is outperformed by 73.81% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GFC is in line with the industry average of 3.40%.
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 61.90% of the companies in the same industry.
In the last couple of years the Profit Margin of GFC has declined.
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.
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
GFC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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
GFC has an Altman-Z score of 1.07. This is a bad value and indicates that GFC is not financially healthy and even has some risk of bankruptcy.
GFC has a better Altman-Z score (1.07) than 69.05% of its industry peers.
GFC has a debt to FCF ratio of 72.06. This is a negative value and a sign of low solvency as GFC would need 72.06 years to pay back of all of its debts.
The Debt to FCF ratio of GFC (72.06) is worse than 80.95% 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 fine compared to the rest of the industry. GFC outperforms 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.54
WACC4.35%
2.3 Liquidity
A Current Ratio of 0.55 indicates that GFC may have some problems paying its short term obligations.
GFC has a Current ratio (0.55) which is in line with its industry peers.
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 61.90% 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.
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)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 3.30% yearly.
The Revenue is expected to grow by 4.53% on average over the next years.
EPS Next Y5.1%
EPS Next 2Y3.05%
EPS Next 3Y3.3%
EPS Next 5YN/A
Revenue Next Year3.33%
Revenue Next 2Y2.23%
Revenue Next 3Y2.97%
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.
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
With a Price/Earnings ratio of 12.42, GFC is valued correctly.
Based on the Price/Earnings ratio, GFC is valued a bit cheaper than 64.29% 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 27.76.
A Price/Forward Earnings ratio of 12.06 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.
The average S&P500 Price/Forward Earnings ratio is at 23.21. GFC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.42 | ||
| Fwd PE | 12.06 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GFC is on the same level as its industry peers.
GFC's Price/Free Cash Flow ratio is rather expensive when compared to the industry. GFC is more expensive than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.48 | ||
| EV/EBITDA | 19.41 |
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)2.44
PEG (5Y)8.1
EPS Next 2Y3.05%
EPS Next 3Y3.3%
5. Dividend
5.1 Amount
GFC has a Yearly Dividend Yield of 6.35%, which is a nice return.
Compared to an average industry Dividend Yield of 5.55, GFC pays a bit more dividend than its industry peers.
GFC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
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 2Y3.05%
EPS Next 3Y3.3%
EPA:GFC (10/8/2025, 2:04:00 PM)
82.2
+0.45 (+0.55%)
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 Cap6.31B
Analysts80
Price Target112.89 (37.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
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)1.65%
PT rev (3m)0.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.01%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.42 | ||
| Fwd PE | 12.06 | ||
| P/S | 9.08 | ||
| P/FCF | 66.48 | ||
| P/OCF | 12.21 | ||
| P/B | 0.61 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 19.41 |
EPS(TTM)6.62
EY8.05%
EPS(NY)6.82
Fwd EY8.29%
FCF(TTM)1.24
FCFY1.5%
OCF(TTM)6.73
OCFY8.19%
SpS9.05
BVpS135.5
TBVpS133.19
PEG (NY)2.44
PEG (5Y)8.1
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 | 1.07 |
F-Score8
WACC4.35%
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 Y5.1%
EPS Next 2Y3.05%
EPS Next 3Y3.3%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%4.9%
Revenue Next Year3.33%
Revenue Next 2Y2.23%
Revenue Next 3Y2.97%
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%