RETAIL ESTATES (RET.BR) Stock Fundamental Analysis
Europe - EBR:RET - BE0003720340 - REIT
62.6 EUR
-0.6 (-0.95%)
RET gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. RET scores excellent on profitability, but there are concerns on its financial health. RET has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RET was profitable.
In the past year RET had a positive cash flow from operations.
Each year in the past 5 years RET has been profitable.
Each year in the past 5 years RET had a positive operating cash flow.
1.2 Ratios
RET has a better Return On Assets (4.94%) than 84.21% of its industry peers.
The Return On Equity of RET (8.74%) is better than 84.21% of its industry peers.
RET's Return On Invested Capital of 4.16% is fine compared to the rest of the industry. RET outperforms 68.42% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RET is in line with the industry average of 3.46%.
The 3 year average ROIC (3.97%) for RET is below the current ROIC(4.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 8.74% | ||
| ROIC | 4.16% |
ROA(3y)6.59%
ROA(5y)6.11%
ROE(3y)11.91%
ROE(5y)11.53%
ROIC(3y)3.97%
ROIC(5y)3.97%
1.3 Margins
With a decent Profit Margin value of 67.13%, RET is doing good in the industry, outperforming 78.95% of the companies in the same industry.
In the last couple of years the Profit Margin of RET has grown nicely.
Looking at the Operating Margin, with a value of 73.30%, RET is in the better half of the industry, outperforming 60.53% of the companies in the same industry.
RET's Operating Margin has been stable in the last couple of years.
RET's Gross Margin of 78.89% is fine compared to the rest of the industry. RET outperforms 65.79% of its industry peers.
In the last couple of years the Gross Margin of RET has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.3% | ||
| PM (TTM) | 67.13% | ||
| GM | 78.89% |
OM growth 3Y-0.81%
OM growth 5Y-0.79%
PM growth 3Y-13.36%
PM growth 5Y6.76%
GM growth 3Y-0.84%
GM growth 5Y-0.65%
2. Health
2.1 Basic Checks
RET has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
RET has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, RET has more shares outstanding
RET has a better debt/assets ratio than last year.
2.2 Solvency
RET has an Altman-Z score of 1.12. This is a bad value and indicates that RET is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of RET (1.12) is better than 73.68% of its industry peers.
The Debt to FCF ratio of RET is 9.44, which is on the high side as it means it would take RET, 9.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of RET (9.44) is better than 81.58% of its industry peers.
RET has a Debt/Equity ratio of 0.71. This is a neutral value indicating RET is somewhat dependend on debt financing.
RET has a Debt to Equity ratio (0.71) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 9.44 | ||
| Altman-Z | 1.12 |
ROIC/WACC0.86
WACC4.81%
2.3 Liquidity
A Current Ratio of 0.43 indicates that RET may have some problems paying its short term obligations.
RET has a Current ratio (0.43) which is in line with its industry peers.
A Quick Ratio of 0.43 indicates that RET may have some problems paying its short term obligations.
The Quick ratio of RET (0.43) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The earnings per share for RET have decreased strongly by -15.21% in the last year.
RET shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.19% yearly.
The Revenue has been growing slightly by 3.12% in the past year.
RET shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.78% yearly.
EPS 1Y (TTM)-15.21%
EPS 3Y-10.65%
EPS 5Y9.19%
EPS Q2Q%74.41%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%0.52%
3.2 Future
Based on estimates for the next years, RET will show a small growth in Earnings Per Share. The EPS will grow by 1.02% on average per year.
The Revenue is expected to grow by 2.32% on average over the next years.
EPS Next Y1.56%
EPS Next 2Y0.87%
EPS Next 3Y1.02%
EPS Next 5YN/A
Revenue Next Year2.13%
Revenue Next 2Y3.18%
Revenue Next 3Y2.32%
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
RET is valuated reasonably with a Price/Earnings ratio of 8.59.
Based on the Price/Earnings ratio, RET is valued cheaper than 89.47% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, RET is valued rather cheaply.
RET is valuated reasonably with a Price/Forward Earnings ratio of 9.71.
RET's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RET is cheaper than 76.32% of the companies in the same industry.
RET is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.59 | ||
| Fwd PE | 9.71 |
4.2 Price Multiples
65.79% of the companies in the same industry are more expensive than RET, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RET is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.98 | ||
| EV/EBITDA | 15.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RET does not grow enough to justify the current Price/Earnings ratio.
RET has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.51
PEG (5Y)0.93
EPS Next 2Y0.87%
EPS Next 3Y1.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.65%, RET is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.79, RET has a dividend in line with its industry peers.
RET's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
5.2 History
On average, the dividend of RET grows each year by 18.46%, which is quite nice.
Dividend Growth(5Y)18.46%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
RET pays out 67.37% of its income as dividend. This is not a sustainable payout ratio.
RET's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.37%
EPS Next 2Y0.87%
EPS Next 3Y1.02%
EBR:RET (11/14/2025, 7:00:00 PM)
62.6
-0.6 (-0.95%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners18.41%
Inst Owner ChangeN/A
Ins Owners3.98%
Ins Owner ChangeN/A
Market Cap940.88M
Revenue(TTM)158.94M
Net Income(TTM)106.70M
Analysts49.09
Price Target68.34 (9.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
Yearly Dividend4.94
Dividend Growth(5Y)18.46%
DP67.37%
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)0.3%
PT rev (3m)-1.18%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.09%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.59 | ||
| Fwd PE | 9.71 | ||
| P/S | 5.92 | ||
| P/FCF | 9.98 | ||
| P/OCF | 9.86 | ||
| P/B | 0.77 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 15.14 |
EPS(TTM)7.29
EY11.65%
EPS(NY)6.45
Fwd EY10.3%
FCF(TTM)6.27
FCFY10.02%
OCF(TTM)6.35
OCFY10.15%
SpS10.58
BVpS81.24
TBVpS80.66
PEG (NY)5.51
PEG (5Y)0.93
Graham Number115.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 8.74% | ||
| ROCE | 5.65% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.17% | ||
| ROICexgc | 4.18% | ||
| OM | 73.3% | ||
| PM (TTM) | 67.13% | ||
| GM | 78.89% | ||
| FCFM | 59.33% |
ROA(3y)6.59%
ROA(5y)6.11%
ROE(3y)11.91%
ROE(5y)11.53%
ROIC(3y)3.97%
ROIC(5y)3.97%
ROICexc(3y)3.98%
ROICexc(5y)3.98%
ROICexgc(3y)3.99%
ROICexgc(5y)4%
ROCE(3y)5.41%
ROCE(5y)5.47%
ROICexgc growth 3Y0.91%
ROICexgc growth 5Y-0.42%
ROICexc growth 3Y1.06%
ROICexc growth 5Y-0.49%
OM growth 3Y-0.81%
OM growth 5Y-0.79%
PM growth 3Y-13.36%
PM growth 5Y6.76%
GM growth 3Y-0.84%
GM growth 5Y-0.65%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 9.44 | ||
| Debt/EBITDA | 7.36 | ||
| Cap/Depr | 73.46% | ||
| Cap/Sales | 0.73% | ||
| Interest Coverage | 6.08 | ||
| Cash Conversion | 80.83% | ||
| Profit Quality | 88.38% | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 1.12 |
F-Score5
WACC4.81%
ROIC/WACC0.86
Cap/Depr(3y)262.29%
Cap/Depr(5y)286.92%
Cap/Sales(3y)1.85%
Cap/Sales(5y)1.76%
Profit Quality(3y)65.65%
Profit Quality(5y)71.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-15.21%
EPS 3Y-10.65%
EPS 5Y9.19%
EPS Q2Q%74.41%
EPS Next Y1.56%
EPS Next 2Y0.87%
EPS Next 3Y1.02%
EPS Next 5YN/A
Revenue 1Y (TTM)3.12%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%0.52%
Revenue Next Year2.13%
Revenue Next 2Y3.18%
Revenue Next 3Y2.32%
Revenue Next 5YN/A
EBIT growth 1Y4.37%
EBIT growth 3Y6.69%
EBIT growth 5Y4.94%
EBIT Next Year8.31%
EBIT Next 3Y5.16%
EBIT Next 5YN/A
FCF growth 1Y31.29%
FCF growth 3Y6.57%
FCF growth 5Y14.32%
OCF growth 1Y25.83%
OCF growth 3Y5.55%
OCF growth 5Y12.31%
RETAIL ESTATES / RET.BR FAQ
What is the fundamental rating for RET stock?
ChartMill assigns a fundamental rating of 5 / 10 to RET.BR.
What is the valuation status for RET stock?
ChartMill assigns a valuation rating of 6 / 10 to RETAIL ESTATES (RET.BR). This can be considered as Fairly Valued.
What is the profitability of RET stock?
RETAIL ESTATES (RET.BR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of RETAIL ESTATES (RET.BR) stock?
The Price/Earnings (PE) ratio for RETAIL ESTATES (RET.BR) is 8.59 and the Price/Book (PB) ratio is 0.77.
Can you provide the dividend sustainability for RET stock?
The dividend rating of RETAIL ESTATES (RET.BR) is 6 / 10 and the dividend payout ratio is 67.37%.