IMMOBEL (IMMO.BR) Stock Fundamental Analysis

EBR:IMMO • BE0003599108

25.7 EUR
-0.2 (-0.77%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Overall IMMO gets a fundamental rating of 4 out of 10. We evaluated IMMO against 73 industry peers in the Real Estate Management & Development industry. IMMO may be in some trouble as it scores bad on both profitability and health. A decent growth rate in combination with a cheap valuation! Better keep an eye on IMMO. IMMO also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year IMMO was profitable.
  • 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.
IMMO.BR Yearly Net Income VS EBIT VS OCF VS FCFIMMO.BR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M -150M

1.2 Ratios

  • IMMO has a better Return On Assets (1.81%) than 61.64% of its industry peers.
  • IMMO has a better Return On Equity (6.52%) than 71.23% of its industry peers.
  • IMMO's Return On Invested Capital of 2.22% is in line compared to the rest of the industry. IMMO outperforms 57.53% of its industry peers.
Industry RankSector Rank
ROA 1.81%
ROE 6.52%
ROIC 2.22%
ROA(3y)-2.53%
ROA(5y)0.04%
ROE(3y)-10.19%
ROE(5y)-1.54%
ROIC(3y)N/A
ROIC(5y)N/A
IMMO.BR Yearly ROA, ROE, ROICIMMO.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

  • With a Profit Margin value of 6.49%, IMMO perfoms like the industry average, outperforming 58.90% of the companies in the same industry.
  • IMMO has a Operating Margin (6.38%) which is in line with its industry peers.
  • IMMO has a worse Gross Margin (12.65%) than 64.38% of its industry peers.
  • In the last couple of years the Gross Margin of IMMO has declined.
Industry RankSector Rank
OM 6.38%
PM (TTM) 6.49%
GM 12.65%
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%
IMMO.BR Yearly Profit, Operating, Gross MarginsIMMO.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IMMO is destroying value.
  • IMMO has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for IMMO has been increased compared to 5 years ago.
  • Compared to 1 year ago, IMMO has a worse debt to assets ratio.
IMMO.BR Yearly Shares OutstandingIMMO.BR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
IMMO.BR Yearly Total Debt VS Total AssetsIMMO.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • Based on the Altman-Z score of 1.21, we must say that IMMO is in the distress zone and has some risk of bankruptcy.
  • IMMO has a better Altman-Z score (1.21) than 60.27% of its industry peers.
  • IMMO has a debt to FCF ratio of 8.20. This is a slightly negative value and a sign of low solvency as IMMO would need 8.20 years to pay back of all of its debts.
  • IMMO has a Debt to FCF ratio of 8.20. This is in the better half of the industry: IMMO outperforms 76.71% of its industry peers.
  • A Debt/Equity ratio of 1.08 is on the high side and indicates that IMMO has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.08, IMMO perfoms like the industry average, outperforming 42.47% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 8.2
Altman-Z 1.21
ROIC/WACC0.58
WACC3.83%
IMMO.BR Yearly LT Debt VS Equity VS FCFIMMO.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • IMMO has a Current Ratio of 1.92. This is a normal value and indicates that IMMO is financially healthy and should not expect problems in meeting its short term obligations.
  • IMMO has a Current ratio of 1.92. This is in the better half of the industry: IMMO outperforms 61.64% of its industry peers.
  • IMMO has a Quick Ratio of 1.92. This is a bad value and indicates that IMMO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.37, IMMO is doing worse than 67.12% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.92
Quick Ratio 0.37
IMMO.BR Yearly Current Assets VS Current LiabilitesIMMO.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • IMMO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 121.05%, which is quite impressive.
  • The Revenue has grown by 115.32% in the past year. This is a very strong growth!
  • IMMO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.99% yearly.
EPS 1Y (TTM)121.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%134.73%
Revenue 1Y (TTM)115.32%
Revenue growth 3Y-1.15%
Revenue growth 5Y-1.99%
Sales Q2Q%31.41%

3.2 Future

  • The Earnings Per Share is expected to grow by 58.44% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 17.41% on average over the next years. This is quite good.
EPS Next Y227.5%
EPS Next 2Y87.2%
EPS Next 3Y58.44%
EPS Next 5YN/A
Revenue Next Year19.47%
Revenue Next 2Y24.72%
Revenue Next 3Y17.41%
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.
IMMO.BR Yearly Revenue VS EstimatesIMMO.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M 500M
IMMO.BR Yearly EPS VS EstimatesIMMO.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4 6 8 10

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 9.77, the valuation of IMMO can be described as reasonable.
  • Based on the Price/Earnings ratio, IMMO is valued a bit cheaper than 78.08% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.07, IMMO is valued rather cheaply.
  • The Price/Forward Earnings ratio is 5.02, which indicates a rather cheap valuation of IMMO.
  • IMMO's Price/Forward Earnings ratio is rather cheap when compared to the industry. IMMO is cheaper than 95.89% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of IMMO to the average of the S&P500 Index (28.05), we can say IMMO is valued rather cheaply.
Industry RankSector Rank
PE 9.77
Fwd PE 5.02
IMMO.BR Price Earnings VS Forward Price EarningsIMMO.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as IMMO.
  • 93.15% of the companies in the same industry are more expensive than IMMO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 2.35
EV/EBITDA 27.46
IMMO.BR Per share dataIMMO.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as IMMO's earnings are expected to grow with 58.44% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y87.2%
EPS Next 3Y58.44%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • IMMO has a Yearly Dividend Yield of 7.74%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.23, IMMO pays a better dividend. On top of this IMMO pays more dividend than 87.67% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, IMMO pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.74%

5.2 History

  • The dividend of IMMO decreases each year by -25.67%.
Dividend Growth(5Y)-25.67%
Div Incr Years0
Div Non Decr Years0
IMMO.BR Yearly Dividends per shareIMMO.BR Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 1 2 3

5.3 Sustainability

  • IMMO pays out 0.43% of its income as dividend. This is a sustainable payout ratio.
DP0.43%
EPS Next 2Y87.2%
EPS Next 3Y58.44%
IMMO.BR Yearly Income VS Free CF VS DividendIMMO.BR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M -150M
IMMO.BR Dividend Payout.IMMO.BR Dividend Payout, showing the Payout Ratio.IMMO.BR Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

IMMOBEL

EBR:IMMO (2/27/2026, 7:00:00 PM)

25.7

-0.2 (-0.77%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)09-12
Earnings (Next)03-06
Inst Owners2.23%
Inst Owner ChangeN/A
Ins Owners59.41%
Ins Owner ChangeN/A
Market Cap263.43M
Revenue(TTM)415.06M
Net Income(TTM)26.95M
Analysts84
Price Target35.01 (36.23%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.74%
Yearly Dividend0.55
Dividend Growth(5Y)-25.67%
DP0.43%
Div Incr Years0
Div Non Decr Years0
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 9.77
Fwd PE 5.02
P/S 0.63
P/FCF 2.35
P/OCF 2.38
P/B 0.64
P/tB 0.64
EV/EBITDA 27.46
EPS(TTM)2.63
EY10.23%
EPS(NY)5.12
Fwd EY19.9%
FCF(TTM)10.94
FCFY42.56%
OCF(TTM)10.8
OCFY42.02%
SpS40.49
BVpS40.31
TBVpS40.15
PEG (NY)0.04
PEG (5Y)N/A
Graham Number48.84
Profitability
Industry RankSector Rank
ROA 1.81%
ROE 6.52%
ROCE 2.96%
ROIC 2.22%
ROICexc 2.69%
ROICexgc 2.69%
OM 6.38%
PM (TTM) 6.49%
GM 12.65%
FCFM 27.01%
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
ROICexgc growth 3YN/A
ROICexgc 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-Score7
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF 8.2
Debt/EBITDA 11.89
Cap/Depr 13.12%
Cap/Sales 0.34%
Interest Coverage 0.63
Cash Conversion 296.13%
Profit Quality 416.09%
Current Ratio 1.92
Quick Ratio 0.37
Altman-Z 1.21
F-Score7
WACC3.83%
ROIC/WACC0.58
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)121.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%134.73%
EPS Next Y227.5%
EPS Next 2Y87.2%
EPS Next 3Y58.44%
EPS Next 5YN/A
Revenue 1Y (TTM)115.32%
Revenue growth 3Y-1.15%
Revenue growth 5Y-1.99%
Sales Q2Q%31.41%
Revenue Next Year19.47%
Revenue Next 2Y24.72%
Revenue Next 3Y17.41%
Revenue Next 5YN/A
EBIT growth 1Y133.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1893.1%
EBIT Next 3Y218.62%
EBIT Next 5YN/A
FCF growth 1Y180.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y180.89%
OCF growth 3YN/A
OCF growth 5YN/A

IMMOBEL / IMMO.BR FAQ

What is the fundamental rating for IMMO stock?

ChartMill assigns a fundamental rating of 4 / 10 to IMMO.BR.


What is the valuation status for IMMO stock?

ChartMill assigns a valuation rating of 8 / 10 to IMMOBEL (IMMO.BR). This can be considered as Undervalued.


What is the profitability of IMMO stock?

IMMOBEL (IMMO.BR) has a profitability rating of 3 / 10.


How financially healthy is IMMOBEL?

The financial health rating of IMMOBEL (IMMO.BR) is 3 / 10.


Can you provide the expected EPS growth for IMMO stock?

The Earnings per Share (EPS) of IMMOBEL (IMMO.BR) is expected to grow by 227.5% in the next year.