QRF COMM VA (QRF.BR) Stock Fundamental Analysis
EBR:QRF - BE0974272040 - REIT
10.55 EUR
+0.05 (+0.48%)
Overall QRF gets a fundamental rating of 5 out of 10. We evaluated QRF against 41 industry peers in the Diversified REITs industry. QRF scores excellent on profitability, but there are concerns on its financial health. QRF is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
QRF had positive earnings in the past year.
In the past year QRF had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: QRF reported negative net income in multiple years.
In the past 5 years QRF always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 4.88%, QRF belongs to the best of the industry, outperforming 80.49% of the companies in the same industry.
The Return On Equity of QRF (8.84%) is better than 87.80% of its industry peers.
The Return On Invested Capital of QRF (5.76%) is better than 92.68% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for QRF is in line with the industry average of 3.48%.
The last Return On Invested Capital (5.76%) for QRF is above the 3 year average (4.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 8.84% | ||
| ROIC | 5.76% |
ROA(3y)2.86%
ROA(5y)1.47%
ROE(3y)5.61%
ROE(5y)2.86%
ROIC(3y)4.26%
ROIC(5y)3.85%
1.3 Margins
The Profit Margin of QRF (88.06%) is better than 85.37% of its industry peers.
QRF's Profit Margin has improved in the last couple of years.
QRF has a Operating Margin of 116.96%. This is amongst the best in the industry. QRF outperforms 100.00% of its industry peers.
QRF's Operating Margin has improved in the last couple of years.
QRF has a better Gross Margin (87.62%) than 75.61% of its industry peers.
In the last couple of years the Gross Margin of QRF has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 116.96% | ||
| PM (TTM) | 88.06% | ||
| GM | 87.62% |
OM growth 3Y13.86%
OM growth 5Y8.3%
PM growth 3Y63.42%
PM growth 5YN/A
GM growth 3Y-0.74%
GM growth 5Y0.21%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), QRF is creating some value.
The number of shares outstanding for QRF remains at a similar level compared to 1 year ago.
The number of shares outstanding for QRF has been increased compared to 5 years ago.
The debt/assets ratio for QRF has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that QRF is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.34, QRF is doing worse than 85.37% of the companies in the same industry.
The Debt to FCF ratio of QRF is 9.79, which is on the high side as it means it would take QRF, 9.79 years of fcf income to pay off all of its debts.
QRF's Debt to FCF ratio of 9.79 is fine compared to the rest of the industry. QRF outperforms 75.61% of its industry peers.
QRF has a Debt/Equity ratio of 0.52. This is a neutral value indicating QRF is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.52, QRF belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 9.79 | ||
| Altman-Z | 0.34 |
ROIC/WACC1.3
WACC4.44%
2.3 Liquidity
QRF has a Current Ratio of 0.07. This is a bad value and indicates that QRF is not financially healthy enough and could expect problems in meeting its short term obligations.
QRF has a worse Current ratio (0.07) than 90.24% of its industry peers.
A Quick Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
With a Quick ratio value of 0.07, QRF is not doing good in the industry: 90.24% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 534.11% over the past year.
Measured over the past years, QRF shows a very strong growth in Earnings Per Share. The EPS has been growing by 64.17% on average per year.
The Revenue for QRF has decreased by -12.38% in the past year. This is quite bad
Measured over the past years, QRF shows a decrease in Revenue. The Revenue has been decreasing by -3.85% on average per year.
EPS 1Y (TTM)534.11%
EPS 3Y64.17%
EPS 5YN/A
EPS Q2Q%-3610%
Revenue 1Y (TTM)-12.38%
Revenue growth 3Y2.47%
Revenue growth 5Y-3.85%
Sales Q2Q%-13.26%
3.2 Future
Based on estimates for the next years, QRF will show a decrease in Earnings Per Share. The EPS will decrease by -4.59% on average per year.
Based on estimates for the next years, QRF will show a small growth in Revenue. The Revenue will grow by 3.35% on average per year.
EPS Next Y-19.3%
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
EPS Next 5YN/A
Revenue Next Year0.83%
Revenue Next 2Y1.64%
Revenue Next 3Y3.35%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
With a Price/Earnings ratio of 7.54, the valuation of QRF can be described as very cheap.
Based on the Price/Earnings ratio, QRF is valued cheaply inside the industry as 90.24% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.06. QRF is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.35, the valuation of QRF can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QRF is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of QRF to the average of the S&P500 Index (22.69), we can say QRF is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 11.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of QRF indicates a rather cheap valuation: QRF is cheaper than 85.37% of the companies listed in the same industry.
75.61% of the companies in the same industry are more expensive than QRF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.6 | ||
| EV/EBITDA | 12.02 |
4.3 Compensation for Growth
QRF has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as QRF's earnings are expected to decrease with -4.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.52%, QRF is a good candidate for dividend investing.
QRF's Dividend Yield is comparable with the industry average which is at 5.44.
Compared to an average S&P500 Dividend Yield of 2.32, QRF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
5.2 History
The dividend of QRF has a limited annual growth rate of 2.50%.
Dividend Growth(5Y)2.5%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
57.10% of the earnings are spent on dividend by QRF. This is a bit on the high side, but may be sustainable.
The Dividend Rate of QRF has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP57.1%
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
EBR:QRF (9/5/2025, 7:00:00 PM)
10.55
+0.05 (+0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.13%
Inst Owner ChangeN/A
Ins Owners6.21%
Ins Owner ChangeN/A
Market Cap82.29M
Analysts80
Price Target12.75 (20.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.52% |
Yearly Dividend0.8
Dividend Growth(5Y)2.5%
DP57.1%
Div Incr Years1
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-22.36%
EPS NY rev (3m)-22.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 11.35 | ||
| P/S | 6.63 | ||
| P/FCF | 8.6 | ||
| P/OCF | 8.26 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 12.02 |
EPS(TTM)1.4
EY13.27%
EPS(NY)0.93
Fwd EY8.81%
FCF(TTM)1.23
FCFY11.63%
OCF(TTM)1.28
OCFY12.11%
SpS1.59
BVpS15.84
TBVpS15.84
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 8.84% | ||
| ROCE | 7.68% | ||
| ROIC | 5.76% | ||
| ROICexc | 5.78% | ||
| ROICexgc | 5.78% | ||
| OM | 116.96% | ||
| PM (TTM) | 88.06% | ||
| GM | 87.62% | ||
| FCFM | 77.13% |
ROA(3y)2.86%
ROA(5y)1.47%
ROE(3y)5.61%
ROE(5y)2.86%
ROIC(3y)4.26%
ROIC(5y)3.85%
ROICexc(3y)4.29%
ROICexc(5y)3.89%
ROICexgc(3y)4.29%
ROICexgc(5y)3.89%
ROCE(3y)5.68%
ROCE(5y)5.14%
ROICexcg growth 3Y16.23%
ROICexcg growth 5Y6.99%
ROICexc growth 3Y16.24%
ROICexc growth 5Y6.99%
OM growth 3Y13.86%
OM growth 5Y8.3%
PM growth 3Y63.42%
PM growth 5YN/A
GM growth 3Y-0.74%
GM growth 5Y0.21%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 9.79 | ||
| Debt/EBITDA | 4.4 | ||
| Cap/Depr | 1064.86% | ||
| Cap/Sales | 3.17% | ||
| Interest Coverage | 5.12 | ||
| Cash Conversion | 68.49% | ||
| Profit Quality | 87.59% | ||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z | 0.34 |
F-Score4
WACC4.44%
ROIC/WACC1.3
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)534.11%
EPS 3Y64.17%
EPS 5YN/A
EPS Q2Q%-3610%
EPS Next Y-19.3%
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.38%
Revenue growth 3Y2.47%
Revenue growth 5Y-3.85%
Sales Q2Q%-13.26%
Revenue Next Year0.83%
Revenue Next 2Y1.64%
Revenue Next 3Y3.35%
Revenue Next 5YN/A
EBIT growth 1Y25.9%
EBIT growth 3Y16.67%
EBIT growth 5Y4.14%
EBIT Next Year2.9%
EBIT Next 3Y4.75%
EBIT Next 5YN/A
FCF growth 1Y-14.43%
FCF growth 3Y3.11%
FCF growth 5Y1.23%
OCF growth 1Y-10.91%
OCF growth 3Y4.18%
OCF growth 5Y2.05%