FONCIERE INEA (INEA.PA) Stock Fundamental Analysis
Europe - EPA:INEA - FR0010341032 - REIT
30.5 EUR
-0.1 (-0.33%)
Taking everything into account, INEA scores 4 out of 10 in our fundamental rating. INEA was compared to 42 industry peers in the Diversified REITs industry. While INEA is still in line with the averages on profitability rating, there are concerns on its financial health. INEA is not valued too expensively and it also shows a decent growth rate. INEA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
INEA had positive earnings in the past year.
INEA had a positive operating cash flow in the past year.
INEA had positive earnings in 4 of the past 5 years.
INEA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
INEA's Return On Assets of 0.42% is on the low side compared to the rest of the industry. INEA is outperformed by 66.67% of its industry peers.
The Return On Equity of INEA (0.95%) is worse than 66.67% of its industry peers.
With a Return On Invested Capital value of 3.18%, INEA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
INEA had an Average Return On Invested Capital over the past 3 years of 2.81%. This is in line with the industry average of 3.40%.
The last Return On Invested Capital (3.18%) for INEA is above the 3 year average (2.81%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 0.95% | ||
| ROIC | 3.18% |
ROA(3y)2.33%
ROA(5y)3.54%
ROE(3y)4.2%
ROE(5y)6.76%
ROIC(3y)2.81%
ROIC(5y)2.84%
1.3 Margins
With a Profit Margin value of 6.19%, INEA is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
Looking at the Operating Margin, with a value of 60.63%, INEA is doing worse than 61.90% of the companies in the same industry.
In the last couple of years the Operating Margin of INEA has grown nicely.
INEA's Gross Margin of 71.10% is in line compared to the rest of the industry. INEA outperforms 42.86% of its industry peers.
INEA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.63% | ||
| PM (TTM) | 6.19% | ||
| GM | 71.1% |
OM growth 3Y0.58%
OM growth 5Y1.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.57%
GM growth 5Y0.31%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so INEA is destroying value.
The number of shares outstanding for INEA remains at a similar level compared to 1 year ago.
INEA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for INEA is higher compared to a year ago.
2.2 Solvency
INEA has an Altman-Z score of 0.83. This is a bad value and indicates that INEA is not financially healthy and even has some risk of bankruptcy.
INEA's Altman-Z score of 0.83 is in line compared to the rest of the industry. INEA outperforms 47.62% of its industry peers.
The Debt to FCF ratio of INEA is 11.16, which is on the high side as it means it would take INEA, 11.16 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of INEA (11.16) is better than 61.90% of its industry peers.
A Debt/Equity ratio of 1.16 is on the high side and indicates that INEA has dependencies on debt financing.
The Debt to Equity ratio of INEA (1.16) is worse than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 11.16 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.59
WACC5.37%
2.3 Liquidity
INEA has a Current Ratio of 0.90. This is a bad value and indicates that INEA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Current ratio value of 0.90, INEA is doing good in the industry, outperforming 73.81% of the companies in the same industry.
INEA has a Quick Ratio of 0.90. This is a bad value and indicates that INEA is not financially healthy enough and could expect problems in meeting its short term obligations.
INEA has a better Quick ratio (0.90) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
INEA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 245.05%, which is quite impressive.
The Revenue has grown by 10.82% in the past year. This is quite good.
The Revenue has been growing by 12.20% on average over the past years. This is quite good.
EPS 1Y (TTM)245.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%137.82%
Revenue 1Y (TTM)10.82%
Revenue growth 3Y14.54%
Revenue growth 5Y12.2%
Sales Q2Q%7.76%
3.2 Future
The Earnings Per Share is expected to grow by 10.15% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.54% on average over the next years.
EPS Next Y4.28%
EPS Next 2Y8.98%
EPS Next 3Y10.15%
EPS Next 5YN/A
Revenue Next Year-2.39%
Revenue Next 2Y2.04%
Revenue Next 3Y3.53%
Revenue Next 5Y3.54%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 66.30, the valuation of INEA can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of INEA indicates a slightly more expensive valuation: INEA is more expensive than 69.05% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.91. INEA is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 10.42, the valuation of INEA can be described as reasonable.
INEA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. INEA is cheaper than 64.29% of the companies in the same industry.
INEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 66.3 | ||
| Fwd PE | 10.42 |
4.2 Price Multiples
61.90% of the companies in the same industry are cheaper than INEA, based on the Enterprise Value to EBITDA ratio.
INEA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. INEA is cheaper than 95.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.78 | ||
| EV/EBITDA | 19.52 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)15.51
PEG (5Y)N/A
EPS Next 2Y8.98%
EPS Next 3Y10.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.94%, INEA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.55, INEA pays a better dividend. On top of this INEA pays more dividend than 95.24% of the companies listed in the same industry.
INEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
5.2 History
The dividend of INEA has a limited annual growth rate of 1.13%.
Dividend Growth(5Y)1.13%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
INEA pays out 583.11% of its income as dividend. This is not a sustainable payout ratio.
The dividend of INEA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP583.11%
EPS Next 2Y8.98%
EPS Next 3Y10.15%
EPA:INEA (10/8/2025, 7:00:00 PM)
30.5
-0.1 (-0.33%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.03%
Inst Owner ChangeN/A
Ins Owners9.97%
Ins Owner ChangeN/A
Market Cap330.62M
Analysts80
Price Target39.27 (28.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.94% |
Yearly Dividend2.7
Dividend Growth(5Y)1.13%
DP583.11%
Div Incr Years1
Div Non Decr Years1
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)4.05%
PT rev (3m)2.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.36%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.62%
Revenue NY rev (3m)-10.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 66.3 | ||
| Fwd PE | 10.42 | ||
| P/S | 4.08 | ||
| P/FCF | 5.78 | ||
| P/OCF | 5.77 | ||
| P/B | 0.63 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 19.52 |
EPS(TTM)0.46
EY1.51%
EPS(NY)2.93
Fwd EY9.6%
FCF(TTM)5.28
FCFY17.31%
OCF(TTM)5.28
OCFY17.32%
SpS7.47
BVpS48.42
TBVpS48.42
PEG (NY)15.51
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 0.95% | ||
| ROCE | 4.32% | ||
| ROIC | 3.18% | ||
| ROICexc | 3.19% | ||
| ROICexgc | 3.19% | ||
| OM | 60.63% | ||
| PM (TTM) | 6.19% | ||
| GM | 71.1% | ||
| FCFM | 70.7% |
ROA(3y)2.33%
ROA(5y)3.54%
ROE(3y)4.2%
ROE(5y)6.76%
ROIC(3y)2.81%
ROIC(5y)2.84%
ROICexc(3y)2.82%
ROICexc(5y)2.86%
ROICexgc(3y)2.82%
ROICexgc(5y)2.86%
ROCE(3y)3.83%
ROCE(5y)3.87%
ROICexcg growth 3Y2.87%
ROICexcg growth 5Y3.12%
ROICexc growth 3Y2.9%
ROICexc growth 5Y3.15%
OM growth 3Y0.58%
OM growth 5Y1.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.57%
GM growth 5Y0.31%
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 11.16 | ||
| Debt/EBITDA | 12.34 | ||
| Cap/Depr | 4.76% | ||
| Cap/Sales | 0.03% | ||
| Interest Coverage | 1.63 | ||
| Cash Conversion | 115.56% | ||
| Profit Quality | 1142.52% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.83 |
F-Score6
WACC5.37%
ROIC/WACC0.59
Cap/Depr(3y)8.98%
Cap/Depr(5y)76.3%
Cap/Sales(3y)0.04%
Cap/Sales(5y)0.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)245.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%137.82%
EPS Next Y4.28%
EPS Next 2Y8.98%
EPS Next 3Y10.15%
EPS Next 5YN/A
Revenue 1Y (TTM)10.82%
Revenue growth 3Y14.54%
Revenue growth 5Y12.2%
Sales Q2Q%7.76%
Revenue Next Year-2.39%
Revenue Next 2Y2.04%
Revenue Next 3Y3.53%
Revenue Next 5Y3.54%
EBIT growth 1Y7.14%
EBIT growth 3Y15.21%
EBIT growth 5Y14.21%
EBIT Next Year100.82%
EBIT Next 3Y26.19%
EBIT Next 5Y19.02%
FCF growth 1Y109.72%
FCF growth 3Y32.5%
FCF growth 5Y32.16%
OCF growth 1Y109.43%
OCF growth 3Y31.59%
OCF growth 5Y32.17%