IMMOBEL (IMMO.BR) Stock Fundamental Analysis
EBR:IMMO - Euronext Brussels - BE0003599108 - Common Stock - Currency: EUR
Overall IMMO gets a fundamental rating of 3 out of 10. We evaluated IMMO against 69 industry peers in the Real Estate Management & Development industry. IMMO may be in some trouble as it scores bad on both profitability and health. IMMO is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year IMMO has reported negative net income.
IMMO had a positive operating cash flow in the past year.
In multiple years IMMO reported negative net income over the last 5 years.
IMMO had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
IMMO's Return On Assets of -5.97% is on the low side compared to the rest of the industry. IMMO is outperformed by 66.67% of its industry peers.
IMMO has a Return On Equity of -24.56%. This is in the lower half of the industry: IMMO underperforms 68.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.97% | ||
| ROE | -24.56% | ||
| ROIC | N/A |
ROA(3y)-2.53%
ROA(5y)0.04%
ROE(3y)-10.19%
ROE(5y)-1.54%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
IMMO's Gross Margin of 8.08% is on the low side compared to the rest of the industry. IMMO is outperformed by 65.22% of its industry peers.
IMMO's Gross Margin has declined in the last couple of years.
IMMO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.08% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-27.71%
GM growth 5Y-23.95%
2. Health
2.1 Basic Checks
IMMO does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for IMMO has been increased compared to 1 year ago.
The number of shares outstanding for IMMO has been increased compared to 5 years ago.
The debt/assets ratio for IMMO is higher compared to a year ago.
2.2 Solvency
IMMO has an Altman-Z score of 0.83. This is a bad value and indicates that IMMO is not financially healthy and even has some risk of bankruptcy.
IMMO has a Altman-Z score (0.83) which is comparable to the rest of the industry.
IMMO has a debt to FCF ratio of 18.08. This is a negative value and a sign of low solvency as IMMO would need 18.08 years to pay back of all of its debts.
IMMO has a better Debt to FCF ratio (18.08) than 65.22% of its industry peers.
IMMO has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
IMMO has a worse Debt to Equity ratio (1.13) than 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 18.08 | ||
| Altman-Z | 0.83 |
ROIC/WACCN/A
WACC3.59%
2.3 Liquidity
IMMO has a Current Ratio of 1.75. This is a normal value and indicates that IMMO is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.75, IMMO is doing good in the industry, outperforming 63.77% of the companies in the same industry.
A Quick Ratio of 0.40 indicates that IMMO may have some problems paying its short term obligations.
IMMO has a Quick ratio of 0.40. This is in the lower half of the industry: IMMO underperforms 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
IMMO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -142.01%.
The Revenue has grown by 132.98% in the past year. This is a very strong growth!
Measured over the past years, IMMO shows a decrease in Revenue. The Revenue has been decreasing by -1.99% on average per year.
EPS 1Y (TTM)-142.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.28%
Revenue 1Y (TTM)132.98%
Revenue growth 3Y-1.15%
Revenue growth 5Y-1.99%
Sales Q2Q%235.63%
3.2 Future
IMMO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.06% yearly.
Based on estimates for the next years, IMMO will show a decrease in Revenue. The Revenue will decrease by -1.11% on average per year.
EPS Next Y162.4%
EPS Next 2Y71.29%
EPS Next 3Y32.06%
EPS Next 5YN/A
Revenue Next Year13.82%
Revenue Next 2Y15.97%
Revenue Next 3Y-1.11%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings Ratio is negative for IMMO. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 8.50, the valuation of IMMO can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IMMO indicates a rather cheap valuation: IMMO is cheaper than 88.41% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of IMMO to the average of the S&P500 Index (21.76), we can say IMMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.5 |
4.2 Price Multiples
IMMO's Enterprise Value to EBITDA ratio is in line with the industry average.
92.75% of the companies in the same industry are more expensive than IMMO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.4 | ||
| EV/EBITDA | 48.98 |
4.3 Compensation for Growth
IMMO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IMMO's earnings are expected to grow with 32.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y71.29%
EPS Next 3Y32.06%
5. Dividend
5.1 Amount
IMMO has a Yearly Dividend Yield of 4.73%, which is a nice return.
Compared to an average industry Dividend Yield of 7.55, IMMO pays a bit more dividend than its industry peers.
IMMO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
5.2 History
The dividend of IMMO decreases each year by -25.67%.
Dividend Growth(5Y)-25.67%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
IMMO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-5.92%
EPS Next 2Y71.29%
EPS Next 3Y32.06%
EBR:IMMO (5/23/2025, 7:00:00 PM)
18.04
-0.14 (-0.77%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners2.41%
Inst Owner ChangeN/A
Ins Owners57.54%
Ins Owner ChangeN/A
Market Cap184.91M
Analysts82
Price Target32.36 (79.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
Yearly Dividend0.55
Dividend Growth(5Y)-25.67%
DP-5.92%
Div Incr Years0
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)27.07%
PT rev (3m)3.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-25.71%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-8.74%
Revenue NY rev (3m)-8.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 8.5 | ||
| P/S | 0.49 | ||
| P/FCF | 3.4 | ||
| P/OCF | 3.36 | ||
| P/B | 0.48 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 48.98 |
EPS(TTM)-9.33
EYN/A
EPS(NY)2.12
Fwd EY11.76%
FCF(TTM)5.3
FCFY29.39%
OCF(TTM)5.36
OCFY29.72%
SpS37.01
BVpS37.22
TBVpS37.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.97% | ||
| ROE | -24.56% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.08% | ||
| FCFM | 14.33% |
ROA(3y)-2.53%
ROA(5y)0.04%
ROE(3y)-10.19%
ROE(5y)-1.54%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-27.71%
GM growth 5Y-23.95%
F-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 18.08 | ||
| Debt/EBITDA | 21.41 | ||
| Cap/Depr | 0.63% | ||
| Cap/Sales | 0.16% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 273.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 0.83 |
F-Score4
WACC3.59%
ROIC/WACCN/A
Cap/Depr(3y)6.2%
Cap/Depr(5y)47.08%
Cap/Sales(3y)1.24%
Cap/Sales(5y)1.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-142.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.28%
EPS Next Y162.4%
EPS Next 2Y71.29%
EPS Next 3Y32.06%
EPS Next 5YN/A
Revenue 1Y (TTM)132.98%
Revenue growth 3Y-1.15%
Revenue growth 5Y-1.99%
Sales Q2Q%235.63%
Revenue Next Year13.82%
Revenue Next 2Y15.97%
Revenue Next 3Y-1.11%
Revenue Next 5YN/A
EBIT growth 1Y-20461.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1618.39%
EBIT Next 3Y119.81%
EBIT Next 5YN/A
FCF growth 1Y142.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y143.84%
OCF growth 3YN/A
OCF growth 5YN/A