IMMOBEL (IMMO.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:IMMO - BE0003599108 - Common Stock
22.7 EUR
+0.05 (+0.22%)
IMMO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals 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. IMMO is valued quite cheap, while showing a decent growth score. This is a good combination! IMMO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year IMMO was profitable.
IMMO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: IMMO reported negative net income in multiple years.
In the past 5 years IMMO reported 4 times negative operating cash flow.
1.2 Ratios
IMMO has a Return On Assets (1.84%) which is in line with its industry peers.
With a decent Return On Equity value of 6.64%, IMMO is doing good in the industry, outperforming 68.49% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.22%, IMMO is in line with its industry, outperforming 54.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.84% | ||
| ROE | 6.64% | ||
| ROIC | 2.22% |
ROA(3y)-2.52%
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 (6.61%) which is comparable to the rest of the industry.
IMMO has a Operating Margin of 6.39%. This is comparable to the rest of the industry: IMMO outperforms 45.21% of its industry peers.
IMMO has a Gross Margin of 12.65%. This is in the lower half of the industry: IMMO underperforms 71.23% of its industry peers.
IMMO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.39% | ||
| PM (TTM) | 6.61% | ||
| 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.
Compared to 1 year ago, IMMO has more shares outstanding
Compared to 5 years ago, IMMO has more shares outstanding
IMMO has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.20, we must say that IMMO is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.20, IMMO perfoms like the industry average, outperforming 58.90% of the companies in the same industry.
The Debt to FCF ratio of IMMO is 8.19, which is on the high side as it means it would take IMMO, 8.19 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.19, IMMO is in the better half of the industry, outperforming 76.71% of the companies in the same industry.
A Debt/Equity ratio of 1.08 is on the high side and indicates that IMMO has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.08, IMMO is doing worse than 63.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.19 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.57
WACC3.93%
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 60.27% 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 67.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
IMMO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 121.98%, which is quite impressive.
The Revenue has grown by 115.32% in the past year. This is a very strong growth!
The Revenue has been decreasing by -1.99% on average over the past years.
EPS 1Y (TTM)121.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%135.96%
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
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 8.25, which indicates a very decent valuation of IMMO.
Based on the Price/Earnings ratio, IMMO is valued cheaply inside the industry as 82.19% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.46, IMMO is valued rather cheaply.
A Price/Forward Earnings ratio of 4.44 indicates a rather cheap valuation of IMMO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IMMO indicates a rather cheap valuation: IMMO is cheaper than 97.26% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, IMMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 4.44 |
4.2 Price Multiples
IMMO's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, IMMO is valued cheaply inside the industry as 94.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.07 | ||
| EV/EBITDA | 27.1 |
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 58.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y87.2%
EPS Next 3Y58.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.74%, IMMO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.36, IMMO pays a better dividend. On top of this IMMO pays more dividend than 87.67% of the companies listed in the same industry.
IMMO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.74% |
5.2 History
The dividend of IMMO decreases each year by -25.48%.
Dividend Growth(5Y)-25.48%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IMMO pays out 0.44% of its income as dividend. This is a sustainable payout ratio.
DP0.44%
EPS Next 2Y87.2%
EPS Next 3Y58.44%
EBR:IMMO (12/5/2025, 7:00:00 PM)
22.7
+0.05 (+0.22%)
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 Cap232.68M
Revenue(TTM)415.06M
Net Income(TTM)27.43M
Analysts84
Price Target35.01 (54.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.74% |
Yearly Dividend0.56
Dividend Growth(5Y)-25.48%
DP0.44%
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)4.09%
PT rev (3m)4.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)33.86%
EPS NY rev (3m)22.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.65%
Revenue NY rev (3m)-4.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 4.44 | ||
| P/S | 0.56 | ||
| P/FCF | 2.07 | ||
| P/OCF | 2.1 | ||
| P/B | 0.56 | ||
| P/tB | 0.56 | ||
| EV/EBITDA | 27.1 |
EPS(TTM)2.75
EY12.11%
EPS(NY)5.12
Fwd EY22.53%
FCF(TTM)10.94
FCFY48.2%
OCF(TTM)10.8
OCFY47.59%
SpS40.49
BVpS40.39
TBVpS40.23
PEG (NY)0.04
PEG (5Y)N/A
Graham Number49.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.84% | ||
| ROE | 6.64% | ||
| ROCE | 2.97% | ||
| ROIC | 2.22% | ||
| ROICexc | 2.69% | ||
| ROICexgc | 2.7% | ||
| OM | 6.39% | ||
| PM (TTM) | 6.61% | ||
| GM | 12.65% | ||
| FCFM | 27.02% |
ROA(3y)-2.52%
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | 8.19 | ||
| Debt/EBITDA | 12.11 | ||
| Cap/Depr | 14.01% | ||
| Cap/Sales | 0.34% | ||
| Interest Coverage | 0.63 | ||
| Cash Conversion | 301.26% | ||
| Profit Quality | 408.86% | ||
| Current Ratio | 1.92 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 1.2 |
F-Score7
WACC3.93%
ROIC/WACC0.57
Cap/Depr(3y)6.19%
Cap/Depr(5y)47.07%
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)121.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%135.96%
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 1Y133.59%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2045.98%
EBIT Next 3Y196.38%
EBIT Next 5YN/A
FCF growth 1Y180.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y180.91%
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 of IMMOBEL (IMMO.BR) 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 2 / 10.
What is the valuation of IMMOBEL based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IMMOBEL (IMMO.BR) is 8.25 and the Price/Book (PB) ratio is 0.56.
Can you provide the financial health for IMMO stock?
The financial health rating of IMMOBEL (IMMO.BR) is 2 / 10.