KLEPIERRE (LI.PA) Stock Fundamental Analysis
EPA:LI - Euronext Paris - Matif - FR0000121964 - REIT - Currency: EUR
Taking everything into account, LI scores 4 out of 10 in our fundamental rating. LI was compared to 41 industry peers in the Diversified REITs industry. While LI belongs to the best of the industry regarding profitability, 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
In the past year LI was profitable.
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's Return On Assets of 5.23% is amongst the best of the industry. LI outperforms 87.80% 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 97.56% of the companies in the same industry.
LI's Return On Invested Capital of 3.75% is fine compared to the rest of the industry. LI outperforms 63.41% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LI is in line with the industry average of 3.55%.
| 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 Profit Margin of 72.99%. This is amongst the best in the industry. LI outperforms 80.49% of its industry peers.
LI's Profit Margin has improved in the last couple of years.
LI has a Operating Margin (66.05%) which is in line with its industry peers.
LI's Operating Margin has been stable in the last couple of years.
LI's Gross Margin of 71.97% is in line compared to the rest of the industry. LI outperforms 41.46% 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
LI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
LI has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for LI has been reduced compared to 5 years ago.
LI has a better debt/assets ratio than last year.
2.2 Solvency
LI has an Altman-Z score of 0.95. This is a bad value and indicates that LI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.95, LI is in line with its industry, outperforming 56.10% of the companies in the same industry.
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 70.73% 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 Debt to Equity ratio of 0.89. This is in the lower half of the industry: LI underperforms 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 0.95 |
ROIC/WACC0.51
WACC7.35%
2.3 Liquidity
LI has a Current 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.
Looking at the Current ratio, with a value of 0.44, LI is in line with its industry, outperforming 51.22% of the companies in the same industry.
A Quick Ratio of 0.44 indicates that LI may have some problems paying its short term obligations.
LI has a Quick ratio of 0.44. This is comparable to the rest of the industry: LI outperforms 51.22% of its industry peers.
| 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.
LI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.15% yearly.
LI shows a small growth in Revenue. In the last year, the Revenue has grown by 5.88%.
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
A Price/Earnings ratio of 13.67 indicates a correct valuation of LI.
Compared to the rest of the industry, the Price/Earnings ratio of LI indicates a somewhat cheap valuation: LI is cheaper than 63.41% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LI to the average of the S&P500 Index (26.30), we can say LI is valued slightly cheaper.
With a Price/Forward Earnings ratio of 12.29, LI is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as LI.
When comparing the Price/Forward Earnings ratio of LI to the average of the S&P500 Index (22.06), we can say LI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 12.29 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as LI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.35 | ||
| 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)1.93
PEG (5Y)4.35
EPS Next 2Y5.47%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
LI has a Yearly Dividend Yield of 5.38%, which is a nice return.
LI's Dividend Yield is comparable with the industry average which is at 5.44.
Compared to an average S&P500 Dividend Yield of 2.38, LI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.38% |
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 (6/6/2025, 3:18:59 PM)
33.35
-0.15 (-0.45%)
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 Cap9.57B
Analysts72.59
Price Target32.23 (-3.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.38% |
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)1.51%
PT rev (3m)2.46%
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)-1.02%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 12.29 | ||
| P/S | 6.36 | ||
| P/FCF | 12.35 | ||
| P/OCF | 9.91 | ||
| P/B | 1.11 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.44
EY7.32%
EPS(NY)2.71
Fwd EY8.14%
FCF(TTM)2.7
FCFY8.1%
OCF(TTM)3.36
OCFY10.09%
SpS5.24
BVpS29.97
TBVpS28.26
PEG (NY)1.93
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
WACC7.35%
ROIC/WACC0.51
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%