HOME INVEST BELGIUM (HOMI.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:HOMI - BE0974409410 - REIT
18.88 EUR
+0.14 (+0.75%)
HOMI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 6 industry peers in the Residential REITs industry. HOMI scores excellent on profitability, but there are concerns on its financial health. HOMI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- HOMI had positive earnings in the past year.
- HOMI had a positive operating cash flow in the past year.
- HOMI had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years HOMI had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.43%, HOMI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 8.31%, HOMI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- HOMI's Return On Invested Capital of 2.34% is in line compared to the rest of the industry. HOMI outperforms 50.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for HOMI is in line with the industry average of 2.83%.
- The 3 year average ROIC (2.33%) for HOMI is below the current ROIC(2.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.43% | ||
| ROE | 8.31% | ||
| ROIC | 2.34% |
ROA(3y)4.75%
ROA(5y)4.76%
ROE(3y)9.08%
ROE(5y)9.52%
ROIC(3y)2.33%
ROIC(5y)2.25%
1.3 Margins
- Looking at the Profit Margin, with a value of 109.01%, HOMI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of HOMI has remained more or less at the same level.
- The Operating Margin of HOMI (75.11%) is better than 100.00% of its industry peers.
- HOMI's Operating Margin has improved in the last couple of years.
- HOMI's Gross Margin of 92.96% is amongst the best of the industry. HOMI outperforms 100.00% of its industry peers.
- In the last couple of years the Gross Margin of HOMI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 75.11% | ||
| PM (TTM) | 109.01% | ||
| GM | 92.96% |
OM growth 3Y1.88%
OM growth 5Y3.47%
PM growth 3Y7.72%
PM growth 5Y0.13%
GM growth 3Y0.61%
GM growth 5Y0.41%
2. Health
2.1 Basic Checks
- HOMI 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 HOMI has been increased compared to 1 year ago.
- Compared to 5 years ago, HOMI has more shares outstanding
- The debt/assets ratio for HOMI has been reduced compared to a year ago.
2.2 Solvency
- HOMI has an Altman-Z score of 0.75. This is a bad value and indicates that HOMI is not financially healthy and even has some risk of bankruptcy.
- HOMI has a Altman-Z score of 0.75. This is in the better half of the industry: HOMI outperforms 66.67% of its industry peers.
- A Debt/Equity ratio of 0.83 indicates that HOMI is somewhat dependend on debt financing.
- HOMI's Debt to Equity ratio of 0.83 is amongst the best of the industry. HOMI outperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.75 |
ROIC/WACC0.46
WACC5.06%
2.3 Liquidity
- HOMI has a Current Ratio of 0.37. This is a bad value and indicates that HOMI is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.37, HOMI is in line with its industry, outperforming 50.00% of the companies in the same industry.
- A Quick Ratio of 0.37 indicates that HOMI may have some problems paying its short term obligations.
- The Quick ratio of HOMI (0.37) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
- The earnings per share for HOMI have decreased strongly by -37.20% in the last year.
- The Earnings Per Share has been growing slightly by 3.82% on average over the past years.
- The Revenue has been growing slightly by 2.60% in the past year.
- The Revenue has been growing slightly by 7.71% on average over the past years.
EPS 1Y (TTM)-37.2%
EPS 3Y11.06%
EPS 5Y3.82%
EPS Q2Q%-64.41%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y9.86%
Revenue growth 5Y7.71%
Sales Q2Q%1.29%
3.2 Future
- HOMI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.00% yearly.
- HOMI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.93% yearly.
EPS Next Y2.74%
EPS Next 2Y2.49%
EPS Next 3Y1%
EPS Next 5YN/A
Revenue Next Year3.63%
Revenue Next 2Y4.74%
Revenue Next 3Y2.93%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- HOMI is valuated reasonably with a Price/Earnings ratio of 9.44.
- 100.00% of the companies in the same industry are more expensive than HOMI, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of HOMI to the average of the S&P500 Index (28.82), we can say HOMI is valued rather cheaply.
- HOMI is valuated correctly with a Price/Forward Earnings ratio of 15.26.
- HOMI's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.95. HOMI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.44 | ||
| Fwd PE | 15.26 |
4.2 Price Multiples
- HOMI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HOMI is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.16 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates HOMI does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of HOMI may justify a higher PE ratio.
PEG (NY)3.44
PEG (5Y)2.47
EPS Next 2Y2.49%
EPS Next 3Y1%
5. Dividend
5.1 Amount
- HOMI has a Yearly Dividend Yield of 4.46%, which is a nice return.
- Compared to an average industry Dividend Yield of 7.12, HOMI has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, HOMI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
- The dividend of HOMI decreases each year by -8.56%.
Dividend Growth(5Y)-8.56%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 50.67% of the earnings are spent on dividend by HOMI. This is a bit on the high side, but may be sustainable.
DP50.67%
EPS Next 2Y2.49%
EPS Next 3Y1%
HOME INVEST BELGIUM / HOMI.BR FAQ
What is the ChartMill fundamental rating of HOME INVEST BELGIUM (HOMI.BR) stock?
ChartMill assigns a fundamental rating of 5 / 10 to HOMI.BR.
Can you provide the valuation status for HOME INVEST BELGIUM?
ChartMill assigns a valuation rating of 5 / 10 to HOME INVEST BELGIUM (HOMI.BR). This can be considered as Fairly Valued.
How profitable is HOME INVEST BELGIUM (HOMI.BR) stock?
HOME INVEST BELGIUM (HOMI.BR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of HOME INVEST BELGIUM (HOMI.BR) stock?
The Price/Earnings (PE) ratio for HOME INVEST BELGIUM (HOMI.BR) is 9.44 and the Price/Book (PB) ratio is 0.79.
Is the dividend of HOME INVEST BELGIUM sustainable?
The dividend rating of HOME INVEST BELGIUM (HOMI.BR) is 5 / 10 and the dividend payout ratio is 50.67%.