AEDIFICA (AED.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:AED - BE0003851681 - REIT
65.6 EUR
+0.1 (+0.15%)
Taking everything into account, AED scores 4 out of 10 in our fundamental rating. AED was compared to 42 industry peers in the Diversified REITs industry. While AED is still in line with the averages on profitability rating, there are concerns on its financial health. AED is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AED had positive earnings in the past year.
In the past year AED had a positive cash flow from operations.
AED had positive earnings in each of the past 5 years.
Each year in the past 5 years AED had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AED (2.73%) is comparable to the rest of the industry.
AED's Return On Equity of 4.96% is in line compared to the rest of the industry. AED outperforms 50.00% of its industry peers.
With a Return On Invested Capital value of 3.52%, AED perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AED is in line with the industry average of 3.52%.
The 3 year average ROIC (3.33%) for AED is below the current ROIC(3.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 4.96% | ||
| ROIC | 3.52% |
ROA(3y)3.01%
ROA(5y)3.48%
ROE(3y)5.47%
ROE(5y)6.57%
ROIC(3y)3.33%
ROIC(5y)3.26%
1.3 Margins
AED has a better Profit Margin (49.82%) than 66.67% of its industry peers.
AED's Profit Margin has declined in the last couple of years.
The Operating Margin of AED (77.70%) is better than 73.81% of its industry peers.
In the last couple of years the Operating Margin of AED has remained more or less at the same level.
Looking at the Gross Margin, with a value of 97.93%, AED belongs to the top of the industry, outperforming 97.62% of the companies in the same industry.
In the last couple of years the Gross Margin of AED has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 77.7% | ||
| PM (TTM) | 49.82% | ||
| GM | 97.93% |
OM growth 3Y1.55%
OM growth 5Y0.91%
PM growth 3Y-20.75%
PM growth 5Y-10.29%
GM growth 3Y0.24%
GM growth 5Y0.4%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AED is destroying value.
The number of shares outstanding for AED remains at a similar level compared to 1 year ago.
The number of shares outstanding for AED has been increased compared to 5 years ago.
AED has a worse debt/assets ratio than last year.
2.2 Solvency
AED has an Altman-Z score of 0.81. This is a bad value and indicates that AED is not financially healthy and even has some risk of bankruptcy.
AED has a Altman-Z score of 0.81. This is comparable to the rest of the industry: AED outperforms 42.86% of its industry peers.
AED has a debt to FCF ratio of 24.91. This is a negative value and a sign of low solvency as AED would need 24.91 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 24.91, AED is doing worse than 66.67% of the companies in the same industry.
AED has a Debt/Equity ratio of 0.58. This is a neutral value indicating AED is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.58, AED is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 24.91 | ||
| Altman-Z | 0.81 |
ROIC/WACC0.58
WACC6.02%
2.3 Liquidity
A Current Ratio of 0.35 indicates that AED may have some problems paying its short term obligations.
AED has a Current ratio (0.35) which is in line with its industry peers.
AED has a Quick Ratio of 0.35. This is a bad value and indicates that AED is not financially healthy enough and could expect problems in meeting its short term obligations.
AED's Quick ratio of 0.35 is in line compared to the rest of the industry. AED outperforms 45.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
AED shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 114.94%, which is quite impressive.
Measured over the past years, AED shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.20% on average per year.
Looking at the last year, AED shows a quite strong growth in Revenue. The Revenue has grown by 8.06% in the last year.
AED shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.35% yearly.
EPS 1Y (TTM)114.94%
EPS 3Y-18.35%
EPS 5Y-7.2%
EPS Q2Q%180.79%
Revenue 1Y (TTM)8.06%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%6.32%
3.2 Future
The Earnings Per Share is expected to grow by 3.12% on average over the next years.
Based on estimates for the next years, AED will show a small growth in Revenue. The Revenue will grow by 5.03% on average per year.
EPS Next Y3.46%
EPS Next 2Y3.11%
EPS Next 3Y3.12%
EPS Next 5YN/A
Revenue Next Year6.38%
Revenue Next 2Y5.33%
Revenue Next 3Y5.03%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 13.70 indicates a correct valuation of AED.
Compared to the rest of the industry, the Price/Earnings ratio of AED is on the same level as its industry peers.
AED is valuated rather cheaply when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.53 indicates a correct valuation of AED.
The rest of the industry has a similar Price/Forward Earnings ratio as AED.
AED's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 12.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AED is valued a bit more expensive than 61.90% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AED indicates a slightly more expensive valuation: AED is more expensive than 76.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.1 | ||
| EV/EBITDA | 20.32 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AED has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.96
PEG (5Y)N/A
EPS Next 2Y3.11%
EPS Next 3Y3.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.15%, AED is a good candidate for dividend investing.
AED's Dividend Yield is slightly below the industry average, which is at 5.87.
Compared to an average S&P500 Dividend Yield of 2.41, AED pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
5.2 History
On average, the dividend of AED grows each year by 22.82%, which is quite nice.
Dividend Growth(5Y)22.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AED pays out 105.58% of its income as dividend. This is not a sustainable payout ratio.
AED's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP105.58%
EPS Next 2Y3.11%
EPS Next 3Y3.12%
EBR:AED (11/24/2025, 5:29:47 PM)
65.6
+0.1 (+0.15%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners40.14%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap3.12B
Revenue(TTM)358.28M
Net Income(TTM)175.81M
Analysts76.67
Price Target75.52 (15.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
Yearly Dividend3.51
Dividend Growth(5Y)22.82%
DP105.58%
Div Incr Years1
Div Non Decr Years1
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)0.78%
PT rev (3m)1.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.04%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.7 | ||
| Fwd PE | 12.53 | ||
| P/S | 8.84 | ||
| P/FCF | 30.1 | ||
| P/OCF | 10.68 | ||
| P/B | 0.88 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 20.32 |
EPS(TTM)4.79
EY7.3%
EPS(NY)5.23
Fwd EY7.98%
FCF(TTM)2.18
FCFY3.32%
OCF(TTM)6.14
OCFY9.36%
SpS7.42
BVpS74.59
TBVpS72.74
PEG (NY)3.96
PEG (5Y)N/A
Graham Number89.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 4.96% | ||
| ROCE | 4.69% | ||
| ROIC | 3.52% | ||
| ROICexc | 3.55% | ||
| ROICexgc | 3.61% | ||
| OM | 77.7% | ||
| PM (TTM) | 49.82% | ||
| GM | 97.93% | ||
| FCFM | 29.37% |
ROA(3y)3.01%
ROA(5y)3.48%
ROE(3y)5.47%
ROE(5y)6.57%
ROIC(3y)3.33%
ROIC(5y)3.26%
ROICexc(3y)3.34%
ROICexc(5y)3.28%
ROICexgc(3y)3.4%
ROICexgc(5y)3.38%
ROCE(3y)4.43%
ROCE(5y)4.34%
ROICexgc growth 3Y6.29%
ROICexgc growth 5Y0.95%
ROICexc growth 3Y7%
ROICexc growth 5Y0.65%
OM growth 3Y1.55%
OM growth 5Y0.91%
PM growth 3Y-20.75%
PM growth 5Y-10.29%
GM growth 3Y0.24%
GM growth 5Y0.4%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 24.91 | ||
| Debt/EBITDA | 7.41 | ||
| Cap/Depr | 6078.86% | ||
| Cap/Sales | 53.38% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.31% | ||
| Profit Quality | 58.95% | ||
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.35 | ||
| Altman-Z | 0.81 |
F-Score7
WACC6.02%
ROIC/WACC0.58
Cap/Depr(3y)11089%
Cap/Depr(5y)16628.2%
Cap/Sales(3y)126.51%
Cap/Sales(5y)150.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)114.94%
EPS 3Y-18.35%
EPS 5Y-7.2%
EPS Q2Q%180.79%
EPS Next Y3.46%
EPS Next 2Y3.11%
EPS Next 3Y3.12%
EPS Next 5YN/A
Revenue 1Y (TTM)8.06%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%6.32%
Revenue Next Year6.38%
Revenue Next 2Y5.33%
Revenue Next 3Y5.03%
Revenue Next 5YN/A
EBIT growth 1Y9.49%
EBIT growth 3Y15.21%
EBIT growth 5Y24.47%
EBIT Next Year10.44%
EBIT Next 3Y6.53%
EBIT Next 5YN/A
FCF growth 1Y142.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.63%
OCF growth 3Y7.82%
OCF growth 5Y22.86%
AEDIFICA / AED.BR FAQ
What is the fundamental rating for AED stock?
ChartMill assigns a fundamental rating of 4 / 10 to AED.BR.
Can you provide the valuation status for AEDIFICA?
ChartMill assigns a valuation rating of 3 / 10 to AEDIFICA (AED.BR). This can be considered as Overvalued.
How profitable is AEDIFICA (AED.BR) stock?
AEDIFICA (AED.BR) has a profitability rating of 6 / 10.
What are the PE and PB ratios of AEDIFICA (AED.BR) stock?
The Price/Earnings (PE) ratio for AEDIFICA (AED.BR) is 13.7 and the Price/Book (PB) ratio is 0.88.
How sustainable is the dividend of AEDIFICA (AED.BR) stock?
The dividend rating of AEDIFICA (AED.BR) is 4 / 10 and the dividend payout ratio is 105.58%.