ICADE (ICAD.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ICAD - FR0000035081 - REIT
20.98 EUR
0 (0%)
Overall ICAD gets a fundamental rating of 3 out of 10. We evaluated ICAD against 41 industry peers in the Diversified REITs industry. ICAD may be in some trouble as it scores bad on both profitability and health. ICAD is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year ICAD was profitable.
- In the past year ICAD had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: ICAD reported negative net income in multiple years.
- ICAD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of ICAD (-1.84%) is worse than 82.93% of its industry peers.
- The Return On Equity of ICAD (-4.78%) is worse than 82.93% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 2.76%, ICAD is doing worse than 73.17% of the companies in the same industry.
- ICAD had an Average Return On Invested Capital over the past 3 years of 2.14%. This is in line with the industry average of 3.37%.
- The last Return On Invested Capital (2.76%) for ICAD is above the 3 year average (2.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.84% | ||
| ROE | -4.78% | ||
| ROIC | 2.76% |
ROA(3y)-4.37%
ROA(5y)-2.07%
ROE(3y)-10.21%
ROE(5y)-4.69%
ROIC(3y)2.14%
ROIC(5y)2.38%
1.3 Margins
- Looking at the Operating Margin, with a value of 19.60%, ICAD is doing worse than 80.49% of the companies in the same industry.
- In the last couple of years the Operating Margin of ICAD has declined.
- ICAD does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.6% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-28.23%
OM growth 5Y-3.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ICAD is destroying value.
- ICAD has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ICAD has more shares outstanding
- Compared to 1 year ago, ICAD has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.64, we must say that ICAD is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.64, ICAD is not doing good in the industry: 63.41% of the companies in the same industry are doing better.
- The Debt to FCF ratio of ICAD is 45.31, which is on the high side as it means it would take ICAD, 45.31 years of fcf income to pay off all of its debts.
- ICAD has a Debt to FCF ratio of 45.31. This is in the lower half of the industry: ICAD underperforms 78.05% of its industry peers.
- ICAD has a Debt/Equity ratio of 0.97. This is a neutral value indicating ICAD is somewhat dependend on debt financing.
- ICAD has a Debt to Equity ratio of 0.97. This is in the lower half of the industry: ICAD underperforms 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 45.31 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.96
WACC2.87%
2.3 Liquidity
- A Current Ratio of 1.06 indicates that ICAD should not have too much problems paying its short term obligations.
- With an excellent Current ratio value of 1.06, ICAD belongs to the best of the industry, outperforming 80.49% of the companies in the same industry.
- ICAD has a Quick Ratio of 1.06. This is a bad value and indicates that ICAD is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 0.81, ICAD is doing good in the industry, outperforming 78.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
- ICAD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -72.25%.
- ICAD shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.69% yearly.
- ICAD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.82%.
- ICAD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.64% yearly.
EPS 1Y (TTM)-72.25%
EPS 3YN/A
EPS 5Y-9.69%
EPS Q2Q%-10.91%
Revenue 1Y (TTM)-13.82%
Revenue growth 3Y-1.82%
Revenue growth 5Y0.64%
Sales Q2Q%-74.49%
3.2 Future
- Based on estimates for the next years, ICAD will show a decrease in Earnings Per Share. The EPS will decrease by -3.39% on average per year.
- ICAD is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.44% yearly.
EPS Next Y10.09%
EPS Next 2Y-1.13%
EPS Next 3Y-3.39%
EPS Next 5YN/A
Revenue Next Year-6.32%
Revenue Next 2Y-3.05%
Revenue Next 3Y-2.44%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 7.04, the valuation of ICAD can be described as very cheap.
- ICAD's Price/Earnings ratio is rather cheap when compared to the industry. ICAD is cheaper than 92.68% of the companies in the same industry.
- ICAD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.60.
- The Price/Forward Earnings ratio is 6.79, which indicates a rather cheap valuation of ICAD.
- ICAD's Price/Forward Earnings ratio is rather cheap when compared to the industry. ICAD is cheaper than 97.56% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ICAD to the average of the S&P500 Index (25.83), we can say ICAD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.04 | ||
| Fwd PE | 6.79 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ICAD is valued cheaply inside the industry as 95.12% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, ICAD is valued a bit more expensive than the industry average as 63.41% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.5 | ||
| EV/EBITDA | 10.48 |
4.3 Compensation for Growth
- ICAD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ICAD's earnings are expected to decrease with -3.39% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.7
PEG (5Y)N/A
EPS Next 2Y-1.13%
EPS Next 3Y-3.39%
5. Dividend
5.1 Amount
- ICAD has a Yearly Dividend Yield of 5.49%, which is a nice return.
- ICAD's Dividend Yield is comparable with the industry average which is at 5.41.
- ICAD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.49% |
5.2 History
- The dividend of ICAD has a limited annual growth rate of 1.04%.
Dividend Growth(5Y)1.04%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- ICAD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-186.23%
EPS Next 2Y-1.13%
EPS Next 3Y-3.39%
ICADE / ICAD.PA FAQ
What is the ChartMill fundamental rating of ICADE (ICAD.PA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ICAD.PA.
What is the valuation status of ICADE (ICAD.PA) stock?
ChartMill assigns a valuation rating of 7 / 10 to ICADE (ICAD.PA). This can be considered as Undervalued.
How profitable is ICADE (ICAD.PA) stock?
ICADE (ICAD.PA) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for ICAD stock?
The Price/Earnings (PE) ratio for ICADE (ICAD.PA) is 7.04 and the Price/Book (PB) ratio is 0.41.
What is the earnings growth outlook for ICADE?
The Earnings per Share (EPS) of ICADE (ICAD.PA) is expected to grow by 10.09% in the next year.