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 71 industry peers in the Real Estate Management & Development industry. IMMO has a bad profitability rating. Also its financial health evaluation is rather negative. IMMO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
IMMO had negative 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 worse Return On Assets (-5.97%) than 70.42% of its industry peers.
With a Return On Equity value of -24.56%, IMMO is not doing good in the industry: 74.65% of the companies in the same industry are doing better.
| 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 71.83% of its industry peers.
In the last couple of years the Gross Margin of IMMO has declined.
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.
Compared to 5 years ago, IMMO has more shares outstanding
IMMO has a worse debt/assets ratio than last year.
2.2 Solvency
IMMO has an Altman-Z score of 0.87. This is a bad value and indicates that IMMO is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.87, IMMO is in line with its industry, outperforming 45.07% of the companies in the same industry.
The Debt to FCF ratio of IMMO is 18.08, which is on the high side as it means it would take IMMO, 18.08 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IMMO (18.08) is better than 61.97% of its industry peers.
A Debt/Equity ratio of 1.13 is on the high side and indicates that IMMO has dependencies on debt financing.
IMMO's Debt to Equity ratio of 1.13 is on the low side compared to the rest of the industry. IMMO is outperformed by 71.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 18.08 | ||
| Altman-Z | 0.87 |
ROIC/WACCN/A
WACC3.77%
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.
IMMO has a Current ratio (1.75) which is in line with its industry peers.
A Quick Ratio of 0.40 indicates that IMMO may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.40, IMMO is doing worse than 71.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for IMMO have decreased strongly by -142.01% in the last year.
Looking at the last year, IMMO shows a very strong growth in Revenue. The Revenue has grown by 132.98%.
The Revenue has been decreasing by -1.99% on average over the past years.
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
The Earnings Per Share is expected to grow by 32.06% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 12.59% on average over the next years. This is quite good.
EPS Next Y162.4%
EPS Next 2Y71.29%
EPS Next 3Y32.06%
EPS Next 5YN/A
Revenue Next Year25.06%
Revenue Next 2Y27.66%
Revenue Next 3Y12.59%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for IMMO. In the last year negative earnings were reported.
IMMO is valuated reasonably with a Price/Forward Earnings ratio of 11.90.
Based on the Price/Forward Earnings ratio, IMMO is valued a bit cheaper than the industry average as 74.65% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of IMMO to the average of the S&P500 Index (35.28), we can say IMMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.9 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as IMMO.
Based on the Price/Free Cash Flow ratio, IMMO is valued cheaply inside the industry as 84.51% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.76 | ||
| EV/EBITDA | 52.83 |
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.
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 7.74%, which is a nice return.
IMMO's Dividend Yield is rather good when compared to the industry average which is at 7.87. IMMO pays more dividend than 85.92% of the companies in the same industry.
IMMO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| 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 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 (8/8/2025, 5:21:30 PM)
25.25
-0.5 (-1.94%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners1.66%
Inst Owner ChangeN/A
Ins Owners59.41%
Ins Owner ChangeN/A
Market Cap258.81M
Analysts82
Price Target33.63 (33.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.74% |
Yearly Dividend0.55
Dividend Growth(5Y)-25.67%
DP-5.92%
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)3.94%
PT rev (3m)3.94%
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)9.88%
Revenue NY rev (3m)3.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 11.9 | ||
| P/S | 0.68 | ||
| P/FCF | 4.76 | ||
| P/OCF | 4.71 | ||
| P/B | 0.68 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 52.83 |
EPS(TTM)-9.33
EYN/A
EPS(NY)2.12
Fwd EY8.4%
FCF(TTM)5.3
FCFY21%
OCF(TTM)5.36
OCFY21.23%
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 | 0.87 |
F-Score4
WACC3.77%
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 Year25.06%
Revenue Next 2Y27.66%
Revenue Next 3Y12.59%
Revenue Next 5YN/A
EBIT growth 1Y-20461.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1168.97%
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