KLEPIERRE (LI.PA) Stock Fundamental Analysis
EPA:LI - Euronext Paris - Matif - FR0000121964 - REIT - Currency: EUR
Overall LI gets a fundamental rating of 4 out of 10. We evaluated LI against 40 industry peers in the Diversified REITs industry. While LI is still in line with the averages on profitability rating, there are concerns on its financial health. LI has a expensive valuation and it also scores bad on growth.
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.
Each year in the past 5 years LI had a positive operating cash flow.
1.2 Ratios
LI has a better Return On Assets (5.23%) than 87.50% of its industry peers.
LI has a better Return On Equity (12.77%) than 97.50% of its industry peers.
LI has a Return On Invested Capital of 3.75%. This is in the better half of the industry: LI outperforms 62.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LI is in line with the industry average of 3.63%.
| 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
LI has a better Profit Margin (72.99%) than 80.00% of its industry peers.
LI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 66.05%, LI is in line with its industry, outperforming 42.50% of the companies in the same industry.
In the last couple of years the Operating Margin of LI has remained more or less at the same level.
The Gross Margin of LI (71.97%) is worse than 60.00% of its industry peers.
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.
Compared to 1 year ago, LI has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.95, we must say that LI is in the distress zone and has some risk of bankruptcy.
LI's Altman-Z score of 0.95 is in line compared to the rest of the industry. LI outperforms 55.00% of its industry peers.
The Debt to FCF ratio of LI is 10.30, which is on the high side as it means it would take LI, 10.30 years of fcf income to pay off all of its debts.
LI has a Debt to FCF ratio of 10.30. This is in the better half of the industry: LI outperforms 67.50% of its industry peers.
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 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 0.95 |
ROIC/WACC0.75
WACC5.02%
2.3 Liquidity
A Current Ratio of 0.44 indicates that LI may have some problems paying its short term obligations.
LI has a Current ratio (0.44) which is comparable to the rest of the industry.
A Quick Ratio of 0.44 indicates that LI may have some problems paying its short term obligations.
The Quick ratio of LI (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. Growth
3.1 Past
The earnings per share for LI have decreased by -2.40% in the last year.
Measured over the past 5 years, LI shows a small growth in Earnings Per Share. The EPS has been growing by 3.15% on average per year.
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
The Earnings Per Share is expected to grow by 4.12% on average over the next years.
LI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.84% yearly.
EPS Next Y7.07%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPS Next 5Y4.12%
Revenue Next Year5.77%
Revenue Next 2Y4.47%
Revenue Next 3Y3.68%
Revenue Next 5Y3.84%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 13.69, the valuation of LI can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of LI is on the same level as its industry peers.
LI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.31 indicates a correct valuation of LI.
LI's Price/Forward Earnings ratio is in line with the industry average.
LI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.69 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
LI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.37 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of LI may justify a higher PE ratio.
PEG (NY)1.94
PEG (5Y)4.35
EPS Next 2Y5.47%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
LI has a Yearly Dividend Yield of 5.64%, which is a nice return.
LI's Dividend Yield is comparable with the industry average which is at 5.53.
Compared to an average S&P500 Dividend Yield of 2.42, LI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
5.2 History
The dividend of LI decreases each year by -2.89%.
Dividend Growth(5Y)-2.89%
Div Incr Years2
Div Non Decr Years2
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 (7/3/2025, 9:18:03 AM)
33.41
+0.25 (+0.75%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.64%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap9.58B
Analysts70.77
Price Target32.58 (-2.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
Yearly Dividend1.7
Dividend Growth(5Y)-2.89%
DP44.21%
Div Incr Years2
Div Non Decr Years2
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)1.09%
PT rev (3m)3.18%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.69 | ||
| Fwd PE | 12.31 | ||
| P/S | 6.37 | ||
| P/FCF | 12.37 | ||
| P/OCF | 9.93 | ||
| P/B | 1.11 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.44
EY7.3%
EPS(NY)2.71
Fwd EY8.12%
FCF(TTM)2.7
FCFY8.08%
OCF(TTM)3.36
OCFY10.07%
SpS5.24
BVpS29.97
TBVpS28.26
PEG (NY)1.94
PEG (5Y)4.35
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 | 0.95 |
F-Score6
WACC5.02%
ROIC/WACC0.75
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 2Y4.47%
Revenue Next 3Y3.68%
Revenue Next 5Y3.84%
EBIT growth 1Y5.31%
EBIT growth 3Y7.98%
EBIT growth 5Y-0.82%
EBIT Next Year-4.14%
EBIT Next 3Y0.71%
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%