KLEPIERRE (LI.PA) Stock Fundamental Analysis
EPA:LI - Euronext Paris - Matif - FR0000121964 - REIT - Currency: EUR
We assign a fundamental rating of 4 out of 10 to LI. LI was compared to 42 industry peers in the Diversified REITs industry. LI has an excellent profitability rating, but there are concerns on its financial health. LI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
LI had positive earnings in the past year.
LI had a positive operating cash flow in the past year.
Of the past 5 years LI 4 years were profitable.
LI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
LI's Return On Assets of 5.23% is amongst the best of the industry. LI outperforms 85.71% of its industry peers.
Looking at the Return On Equity, with a value of 12.77%, LI belongs to the top of the industry, outperforming 97.62% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.75%, LI is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
LI had an Average Return On Invested Capital over the past 3 years of 3.75%. This is in line with the industry average of 3.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 12.77% | ||
| ROIC | 3.75% |
ROA(3y)2.74%
ROA(5y)1.46%
ROE(3y)6.71%
ROE(5y)3.4%
ROIC(3y)3.75%
ROIC(5y)3.38%
1.3 Margins
With an excellent Profit Margin value of 72.99%, LI belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
In the last couple of years the Profit Margin of LI has grown nicely.
LI has a Operating Margin (66.05%) which is comparable to the rest of the industry.
LI's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 71.97%, LI is in line with its industry, outperforming 42.86% of the companies in the same industry.
LI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.05% | ||
| PM (TTM) | 72.99% | ||
| GM | 71.97% |
OM growth 3Y1.54%
OM growth 5Y-0.57%
PM growth 3Y18.77%
PM growth 5Y27.89%
GM growth 3Y0.77%
GM growth 5Y-0.62%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LI is destroying value.
The number of shares outstanding for LI remains at a similar level compared to 1 year ago.
LI has less shares outstanding than it did 5 years ago.
LI has a better debt/assets ratio than last year.
2.2 Solvency
LI has an Altman-Z score of 0.94. This is a bad value and indicates that LI is not financially healthy and even has some risk of bankruptcy.
LI has a Altman-Z score (0.94) which is in line with its industry peers.
LI has a debt to FCF ratio of 10.30. This is a negative value and a sign of low solvency as LI would need 10.30 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 10.30, LI is doing good in the industry, outperforming 69.05% of the companies in the same industry.
LI has a Debt/Equity ratio of 0.89. This is a neutral value indicating LI is somewhat dependend on debt financing.
LI has a worse Debt to Equity ratio (0.89) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.73
WACC5.11%
2.3 Liquidity
A Current Ratio of 0.44 indicates that LI may have some problems paying its short term obligations.
The Current ratio of LI (0.44) is comparable to the rest of the industry.
LI has a Quick Ratio of 0.44. This is a bad value and indicates that LI is not financially healthy enough and could expect problems in meeting its short term obligations.
LI's Quick ratio of 0.44 is in line compared to the rest of the industry. LI outperforms 52.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. Growth
3.1 Past
LI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.40%.
LI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.15% yearly.
The Revenue has been growing slightly by 5.88% in the past year.
LI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.50% yearly.
EPS 1Y (TTM)-2.4%
EPS 3Y6.15%
EPS 5Y3.15%
EPS Q2Q%9.76%
Revenue 1Y (TTM)5.88%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%3.98%
3.2 Future
Based on estimates for the next years, LI will show a small growth in Earnings Per Share. The EPS will grow by 4.12% on average per year.
Based on estimates for the next years, LI will show a small growth in Revenue. The Revenue will grow by 4.23% on average per year.
EPS Next Y7.07%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPS Next 5Y4.12%
Revenue Next Year5.77%
Revenue Next 2Y5%
Revenue Next 3Y4.08%
Revenue Next 5Y4.23%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
LI is valuated correctly with a Price/Earnings ratio of 13.57.
64.29% of the companies in the same industry are more expensive than LI, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of LI to the average of the S&P500 Index (28.10), we can say LI is valued rather cheaply.
LI is valuated correctly with a Price/Forward Earnings ratio of 12.20.
LI's Price/Forward Earnings is on the same level as the industry average.
LI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.57 | ||
| Fwd PE | 12.2 |
4.2 Price Multiples
LI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.26 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LI does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of LI may justify a higher PE ratio.
PEG (NY)1.92
PEG (5Y)4.32
EPS Next 2Y5.47%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.74%, LI is a good candidate for dividend investing.
LI's Dividend Yield is comparable with the industry average which is at 7.56.
LI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
5.2 History
The dividend of LI decreases each year by -2.89%.
Dividend Growth(5Y)-2.89%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
LI pays out 44.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP44.21%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPA:LI (5/6/2025, 4:24:16 PM)
33.12
+0.14 (+0.42%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.89%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap9.50B
Analysts72.59
Price Target31.75 (-4.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
Yearly Dividend1.7
Dividend Growth(5Y)-2.89%
DP44.21%
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)0.55%
PT rev (3m)4.42%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.36%
EPS NY rev (3m)1.6%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.95%
Revenue NY rev (3m)1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.57 | ||
| Fwd PE | 12.2 | ||
| P/S | 6.32 | ||
| P/FCF | 12.26 | ||
| P/OCF | 9.85 | ||
| P/B | 1.11 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.44
EY7.37%
EPS(NY)2.71
Fwd EY8.19%
FCF(TTM)2.7
FCFY8.15%
OCF(TTM)3.36
OCFY10.16%
SpS5.24
BVpS29.97
TBVpS28.26
PEG (NY)1.92
PEG (5Y)4.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 12.77% | ||
| ROCE | 5.26% | ||
| ROIC | 3.75% | ||
| ROICexc | 3.83% | ||
| ROICexgc | 3.92% | ||
| OM | 66.05% | ||
| PM (TTM) | 72.99% | ||
| GM | 71.97% | ||
| FCFM | 51.52% |
ROA(3y)2.74%
ROA(5y)1.46%
ROE(3y)6.71%
ROE(5y)3.4%
ROIC(3y)3.75%
ROIC(5y)3.38%
ROICexc(3y)3.82%
ROICexc(5y)3.49%
ROICexgc(3y)3.92%
ROICexgc(5y)3.58%
ROCE(3y)5.28%
ROCE(5y)4.78%
ROICexcg growth 3Y7.51%
ROICexcg growth 5Y1.71%
ROICexc growth 3Y7.55%
ROICexc growth 5Y1.78%
OM growth 3Y1.54%
OM growth 5Y-0.57%
PM growth 3Y18.77%
PM growth 5Y27.89%
GM growth 3Y0.77%
GM growth 5Y-0.62%
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.3 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 12.66% | ||
| Interest Coverage | 6.03 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 70.59% | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 | ||
| Altman-Z | 0.94 |
F-Score6
WACC5.11%
ROIC/WACC0.73
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)13.28%
Cap/Sales(5y)13.84%
Profit Quality(3y)208.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.4%
EPS 3Y6.15%
EPS 5Y3.15%
EPS Q2Q%9.76%
EPS Next Y7.07%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPS Next 5Y4.12%
Revenue 1Y (TTM)5.88%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%3.98%
Revenue Next Year5.77%
Revenue Next 2Y5%
Revenue Next 3Y4.08%
Revenue Next 5Y4.23%
EBIT growth 1Y5.31%
EBIT growth 3Y7.98%
EBIT growth 5Y-0.82%
EBIT Next Year-5.67%
EBIT Next 3Y0.6%
EBIT Next 5YN/A
FCF growth 1Y5.54%
FCF growth 3Y3.56%
FCF growth 5Y-0.01%
OCF growth 1Y3.34%
OCF growth 3Y3.68%
OCF growth 5Y-1.53%