IMMOBEL (IMMO.BR) Stock Fundamental Analysis
Europe - EBR:IMMO - BE0003599108 - Common Stock
24.2 EUR
-0.15 (-0.62%)
Overall IMMO gets a fundamental rating of 4 out of 10. We evaluated IMMO against 75 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 may be a bit undervalued, certainly considering the very reasonable score on growth Finally IMMO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
IMMO had positive earnings in the past year.
In the past year IMMO had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: IMMO reported negative net income in multiple years.
IMMO had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
IMMO has a Return On Assets of 1.81%. This is in the better half of the industry: IMMO outperforms 64.00% of its industry peers.
The Return On Equity of IMMO (6.52%) is better than 74.67% of its industry peers.
The Return On Invested Capital of IMMO (2.22%) is comparable to the rest of the industry.
| Industry Rank | Sector 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
1.3 Margins
IMMO has a Profit Margin of 6.49%. This is comparable to the rest of the industry: IMMO outperforms 57.33% of its industry peers.
IMMO has a Operating Margin of 6.38%. This is comparable to the rest of the industry: IMMO outperforms 48.00% of its industry peers.
IMMO has a worse Gross Margin (12.65%) than 66.67% of its industry peers.
IMMO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
The debt/assets ratio for IMMO is higher compared to a year ago.
2.2 Solvency
IMMO has an Altman-Z score of 1.21. This is a bad value and indicates that IMMO is not financially healthy and even has some risk of bankruptcy.
IMMO's Altman-Z score of 1.21 is in line compared to the rest of the industry. IMMO outperforms 60.00% of its industry peers.
The Debt to FCF ratio of IMMO is 8.20, which is on the high side as it means it would take IMMO, 8.20 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 8.20, IMMO is doing good in the industry, outperforming 76.00% of the companies in the same industry.
IMMO has a Debt/Equity ratio of 1.08. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.08, IMMO is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.2 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.58
WACC3.85%
2.3 Liquidity
A Current Ratio of 1.92 indicates that IMMO should not have too much problems paying its short term obligations.
IMMO's Current ratio of 1.92 is fine compared to the rest of the industry. IMMO outperforms 61.33% of its industry peers.
A Quick Ratio of 0.37 indicates that IMMO may have some problems paying its short term obligations.
The Quick ratio of IMMO (0.37) is worse than 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 121.11% over the past year.
IMMO shows a strong growth in Revenue. In the last year, the Revenue has grown by 115.32%.
IMMO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.99% yearly.
EPS 1Y (TTM)121.11%
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
IMMO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 49.99% yearly.
IMMO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.90% yearly.
EPS Next Y195.25%
EPS Next 2Y78.59%
EPS Next 3Y49.99%
EPS Next 5YN/A
Revenue Next Year26.62%
Revenue Next 2Y27.96%
Revenue Next 3Y12.9%
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
With a Price/Earnings ratio of 9.20, the valuation of IMMO can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of IMMO indicates a rather cheap valuation: IMMO is cheaper than 82.67% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of IMMO to the average of the S&P500 Index (27.02), we can say IMMO is valued rather cheaply.
A Price/Forward Earnings ratio of 5.98 indicates a rather cheap valuation of IMMO.
Based on the Price/Forward Earnings ratio, IMMO is valued cheaper than 93.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.57, IMMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.2 | ||
| Fwd PE | 5.98 |
4.2 Price Multiples
IMMO's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, IMMO is valued cheaply inside the industry as 94.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.21 | ||
| EV/EBITDA | 27.09 |
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.
A more expensive valuation may be justified as IMMO's earnings are expected to grow with 49.99% in the coming years.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y78.59%
EPS Next 3Y49.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.74%, IMMO is a good candidate for dividend investing.
IMMO's Dividend Yield is rather good when compared to the industry average which is at 7.71. IMMO pays more dividend than 88.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, IMMO pays a better dividend.
| Industry Rank | Sector 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
5.3 Sustainability
IMMO pays out 0.43% of its income as dividend. This is a sustainable payout ratio.
DP0.43%
EPS Next 2Y78.59%
EPS Next 3Y49.99%
EBR:IMMO (10/10/2025, 7:00:00 PM)
24.2
-0.15 (-0.62%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners1.8%
Inst Owner ChangeN/A
Ins Owners59.41%
Ins Owner ChangeN/A
Market Cap248.05M
Analysts84
Price Target33.63 (38.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)3.94%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-8.5%
EPS NY rev (3m)52.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)11.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.2 | ||
| Fwd PE | 5.98 | ||
| P/S | 0.6 | ||
| P/FCF | 2.21 | ||
| P/OCF | 2.24 | ||
| P/B | 0.6 | ||
| P/tB | 0.6 | ||
| EV/EBITDA | 27.09 |
EPS(TTM)2.63
EY10.87%
EPS(NY)4.04
Fwd EY16.71%
FCF(TTM)10.94
FCFY45.2%
OCF(TTM)10.8
OCFY44.62%
SpS40.49
BVpS40.31
TBVpS40.15
PEG (NY)0.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector 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
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-Score7
Asset Turnover0.28
Health
| Industry Rank | Sector 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
WACC3.85%
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)121.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%134.73%
EPS Next Y195.25%
EPS Next 2Y78.59%
EPS Next 3Y49.99%
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 Year26.62%
Revenue Next 2Y27.96%
Revenue Next 3Y12.9%
Revenue Next 5YN/A
EBIT growth 1Y133.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2045.98%
EBIT Next 3Y196.38%
EBIT Next 5YN/A
FCF growth 1Y179.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y180.66%
OCF growth 3YN/A
OCF growth 5YN/A