MONTEA NV (MONT.BR) Stock Fundamental Analysis
EBR:MONT - Euronext Brussels - BE0003853703 - REIT - Currency: EUR
MONT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 44 industry peers in the Diversified REITs industry. MONT scores excellent on profitability, but there are some minor concerns on its financial health. MONT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MONT had positive earnings in the past year.
MONT had a positive operating cash flow in the past year.
In the past 5 years MONT has always been profitable.
MONT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MONT's Return On Assets of 5.95% is amongst the best of the industry. MONT outperforms 93.18% of its industry peers.
The Return On Equity of MONT (9.51%) is better than 81.82% of its industry peers.
MONT has a Return On Invested Capital of 2.91%. This is comparable to the rest of the industry: MONT outperforms 40.91% of its industry peers.
MONT had an Average Return On Invested Capital over the past 3 years of 3.10%. This is in line with the industry average of 3.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 9.51% | ||
| ROIC | 2.91% |
ROA(3y)6.53%
ROA(5y)8.73%
ROE(3y)11.02%
ROE(5y)14.9%
ROIC(3y)3.1%
ROIC(5y)3.36%
1.3 Margins
MONT has a better Profit Margin (149.01%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of MONT has declined.
MONT's Operating Margin of 94.58% is amongst the best of the industry. MONT outperforms 95.45% of its industry peers.
MONT's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 103.76%, MONT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of MONT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 94.58% | ||
| PM (TTM) | 149.01% | ||
| GM | 103.76% |
OM growth 3Y-2.74%
OM growth 5Y-0.06%
PM growth 3Y-21.07%
PM growth 5Y-2.22%
GM growth 3Y-0.1%
GM growth 5Y-0.09%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MONT is destroying value.
The number of shares outstanding for MONT has been increased compared to 1 year ago.
Compared to 5 years ago, MONT has more shares outstanding
The debt/assets ratio for MONT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that MONT is in the distress zone and has some risk of bankruptcy.
MONT's Altman-Z score of 1.36 is amongst the best of the industry. MONT outperforms 86.36% of its industry peers.
The Debt to FCF ratio of MONT is 8.61, which is on the high side as it means it would take MONT, 8.61 years of fcf income to pay off all of its debts.
MONT has a better Debt to FCF ratio (8.61) than 88.64% of its industry peers.
A Debt/Equity ratio of 0.54 indicates that MONT is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.54, MONT belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 8.61 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.53
WACC5.49%
2.3 Liquidity
A Current Ratio of 0.79 indicates that MONT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.79, MONT is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
A Quick Ratio of 0.79 indicates that MONT may have some problems paying its short term obligations.
MONT has a better Quick ratio (0.79) than 70.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
MONT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.75%, which is quite impressive.
MONT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.77% yearly.
MONT shows a small growth in Revenue. In the last year, the Revenue has grown by 7.96%.
Measured over the past years, MONT shows a quite strong growth in Revenue. The Revenue has been growing by 12.09% on average per year.
EPS 1Y (TTM)28.75%
EPS 3Y-16.39%
EPS 5Y2.77%
EPS Q2Q%-0.48%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y15.28%
Revenue growth 5Y12.09%
Sales Q2Q%10.19%
3.2 Future
Based on estimates for the next years, MONT will show a small growth in Earnings Per Share. The EPS will grow by 6.12% on average per year.
Based on estimates for the next years, MONT will show a quite strong growth in Revenue. The Revenue will grow by 8.74% on average per year.
EPS Next Y6.76%
EPS Next 2Y6.19%
EPS Next 3Y6.12%
EPS Next 5YN/A
Revenue Next Year19.71%
Revenue Next 2Y16.49%
Revenue Next 3Y15.29%
Revenue Next 5Y8.74%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 7.99, the valuation of MONT can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of MONT indicates a rather cheap valuation: MONT is cheaper than 84.09% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.20. MONT is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 12.87, the valuation of MONT can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as MONT.
MONT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.99 | ||
| Fwd PE | 12.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MONT indicates a slightly more expensive valuation: MONT is more expensive than 61.36% of the companies listed in the same industry.
MONT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.24 | ||
| EV/EBITDA | 22.52 |
4.3 Compensation for Growth
MONT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of MONT may justify a higher PE ratio.
PEG (NY)1.18
PEG (5Y)2.88
EPS Next 2Y6.19%
EPS Next 3Y6.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.01%, MONT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.80, MONT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.40, MONT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
On average, the dividend of MONT grows each year by 15.57%, which is quite nice.
Dividend Growth(5Y)15.57%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
44.04% of the earnings are spent on dividend by MONT. This is a bit on the high side, but may be sustainable.
The dividend of MONT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.04%
EPS Next 2Y6.19%
EPS Next 3Y6.12%
EBR:MONT (5/29/2025, 7:00:00 PM)
65.5
+1.2 (+1.87%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners38.17%
Inst Owner ChangeN/A
Ins Owners1.34%
Ins Owner ChangeN/A
Market Cap1.52B
Analysts77.5
Price Target79.66 (21.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend3.49
Dividend Growth(5Y)15.57%
DP44.04%
Div Incr Years6
Div Non Decr Years6
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)-3.22%
PT rev (3m)-2.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)-2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.99 | ||
| Fwd PE | 12.87 | ||
| P/S | 13.16 | ||
| P/FCF | 13.24 | ||
| P/OCF | 13.1 | ||
| P/B | 0.84 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 22.52 |
EPS(TTM)8.2
EY12.52%
EPS(NY)5.09
Fwd EY7.77%
FCF(TTM)4.95
FCFY7.55%
OCF(TTM)5
OCFY7.63%
SpS4.98
BVpS78.01
TBVpS77.98
PEG (NY)1.18
PEG (5Y)2.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.95% | ||
| ROE | 9.51% | ||
| ROCE | 3.87% | ||
| ROIC | 2.91% | ||
| ROICexc | 2.92% | ||
| ROICexgc | 2.92% | ||
| OM | 94.58% | ||
| PM (TTM) | 149.01% | ||
| GM | 103.76% | ||
| FCFM | 99.4% |
ROA(3y)6.53%
ROA(5y)8.73%
ROE(3y)11.02%
ROE(5y)14.9%
ROIC(3y)3.1%
ROIC(5y)3.36%
ROICexc(3y)3.18%
ROICexc(5y)3.42%
ROICexgc(3y)3.18%
ROICexgc(5y)3.42%
ROCE(3y)4.13%
ROCE(5y)4.48%
ROICexcg growth 3Y-6.97%
ROICexcg growth 5Y-7.31%
ROICexc growth 3Y-6.96%
ROICexc growth 5Y-7.31%
OM growth 3Y-2.74%
OM growth 5Y-0.06%
PM growth 3Y-21.07%
PM growth 5Y-2.22%
GM growth 3Y-0.1%
GM growth 5Y-0.09%
F-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 8.61 | ||
| Debt/EBITDA | 8.99 | ||
| Cap/Depr | 339.78% | ||
| Cap/Sales | 1.08% | ||
| Interest Coverage | 5.18 | ||
| Cash Conversion | 105.89% | ||
| Profit Quality | 66.71% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 1.36 |
F-Score3
WACC5.49%
ROIC/WACC0.53
Cap/Depr(3y)207.12%
Cap/Depr(5y)294.45%
Cap/Sales(3y)0.73%
Cap/Sales(5y)1.21%
Profit Quality(3y)67.26%
Profit Quality(5y)55.48%
High Growth Momentum
Growth
EPS 1Y (TTM)28.75%
EPS 3Y-16.39%
EPS 5Y2.77%
EPS Q2Q%-0.48%
EPS Next Y6.76%
EPS Next 2Y6.19%
EPS Next 3Y6.12%
EPS Next 5YN/A
Revenue 1Y (TTM)7.96%
Revenue growth 3Y15.28%
Revenue growth 5Y12.09%
Sales Q2Q%10.19%
Revenue Next Year19.71%
Revenue Next 2Y16.49%
Revenue Next 3Y15.29%
Revenue Next 5Y8.74%
EBIT growth 1Y5.93%
EBIT growth 3Y12.11%
EBIT growth 5Y12.02%
EBIT Next Year-9.57%
EBIT Next 3Y5.09%
EBIT Next 5YN/A
FCF growth 1Y2.63%
FCF growth 3Y17.23%
FCF growth 5Y12.13%
OCF growth 1Y3.3%
OCF growth 3Y16.31%
OCF growth 5Y12.25%