AEDIFICA (AED.BR) Stock Fundamental Analysis
EBR:AED - Euronext Brussels - BE0003851681 - REIT - Currency: EUR
AED gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. There are concerns on the financial health of AED while its profitability can be described as average. AED is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AED had positive earnings in the past year.
AED had positive earnings in each of the past 5 years.
Of the past 5 years AED 4 years had a positive operating cash flow.
1.2 Ratios
AED's Return On Assets of 5.81% is amongst the best of the industry. AED outperforms 88.37% of its industry peers.
With an excellent Return On Equity value of 10.32%, AED belongs to the best of the industry, outperforming 86.05% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.01%, AED belongs to the top of the industry, outperforming 81.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 10.32% | ||
| ROIC | 6.01% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AED has a Profit Margin of 63.80%. This is in the better half of the industry: AED outperforms 79.07% of its industry peers.
In the last couple of years the Profit Margin of AED has declined.
Looking at the Operating Margin, with a value of 80.83%, AED is in the better half of the industry, outperforming 74.42% of the companies in the same industry.
In the last couple of years the Operating Margin of AED has remained more or less at the same level.
AED's Gross Margin of 97.65% is amongst the best of the industry. AED outperforms 95.35% of its industry peers.
AED's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 80.83% | ||
| PM (TTM) | 63.8% | ||
| GM | 97.65% |
OM growth 3Y-2.11%
OM growth 5Y-1.28%
PM growth 3Y-20.75%
PM growth 5Y-10.29%
GM growth 3Y0.24%
GM growth 5Y0.4%
2. Health
2.1 Basic Checks
AED has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for AED. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.92, we must say that AED is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AED (0.92) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.57 indicates that AED is somewhat dependend on debt financing.
The Debt to Equity ratio of AED (0.57) is better than 74.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.92 |
ROIC/WACC0.98
WACC6.14%
2.3 Liquidity
AED has a Current Ratio of 0.32. 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 Current ratio of 0.32 is on the low side compared to the rest of the industry. AED is outperformed by 67.44% of its industry peers.
A Quick Ratio of 0.32 indicates that AED may have some problems paying its short term obligations.
AED has a worse Quick ratio (0.32) than 65.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 |
3. Growth
3.1 Past
AED shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 937.39%, which is quite impressive.
The Earnings Per Share has been decreasing by -7.20% on average over the past years.
The Revenue has grown by 88.17% in the past year. This is a very strong growth!
AED shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.35% yearly.
EPS 1Y (TTM)937.39%
EPS 3Y-18.35%
EPS 5Y-7.2%
EPS Q2Q%415.37%
Revenue 1Y (TTM)88.17%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%319.87%
3.2 Future
AED is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.40% yearly.
Based on estimates for the next years, AED will show a small growth in Revenue. The Revenue will grow by 5.32% on average per year.
EPS Next Y1.55%
EPS Next 2Y2.29%
EPS Next 3Y2.4%
EPS Next 5YN/A
Revenue Next Year5.91%
Revenue Next 2Y5.52%
Revenue Next 3Y5.32%
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 accelerating.
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 7.51 indicates a rather cheap valuation of AED.
Compared to the rest of the industry, the Price/Earnings ratio of AED indicates a rather cheap valuation: AED is cheaper than 86.05% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. AED is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.86, which indicates a very decent valuation of AED.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AED is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.10. AED is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.51 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AED does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of AED may justify a higher PE ratio.
PEG (NY)4.84
PEG (5Y)N/A
EPS Next 2Y2.29%
EPS Next 3Y2.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.72%, AED is a good candidate for dividend investing.
AED's Dividend Yield is slightly below the industry average, which is at 8.71.
AED's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
5.2 History
On average, the dividend of AED grows each year by 8.22%, which is quite nice.
Dividend Growth(5Y)8.22%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
AED's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP0%
EPS Next 2Y2.29%
EPS Next 3Y2.4%
EBR:AED (3/7/2025, 7:00:00 PM)
59.3
+1.4 (+2.42%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners42.88%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap2.82B
Analysts79.05
Price Target71 (19.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
Yearly Dividend2.63
Dividend Growth(5Y)8.22%
DP0%
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)0.77%
PT rev (3m)-0.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.1%
EPS NY rev (3m)0.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.51 | ||
| Fwd PE | 11.86 | ||
| P/S | 4.79 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.77 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.9
EY13.32%
EPS(NY)5
Fwd EY8.43%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS12.39
BVpS76.61
TBVpS74.75
PEG (NY)4.84
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 10.32% | ||
| ROCE | 8.01% | ||
| ROIC | 6.01% | ||
| ROICexc | 6.03% | ||
| ROICexgc | 6.12% | ||
| OM | 80.83% | ||
| PM (TTM) | 63.8% | ||
| GM | 97.65% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-2.11%
OM growth 5Y-1.28%
PM growth 3Y-20.75%
PM growth 5Y-10.29%
GM growth 3Y0.24%
GM growth 5Y0.4%
F-ScoreN/A
Asset Turnover0.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.32 | ||
| Quick Ratio | 0.32 | ||
| Altman-Z | 0.92 |
F-ScoreN/A
WACC6.14%
ROIC/WACC0.98
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)937.39%
EPS 3Y-18.35%
EPS 5Y-7.2%
EPS Q2Q%415.37%
EPS Next Y1.55%
EPS Next 2Y2.29%
EPS Next 3Y2.4%
EPS Next 5YN/A
Revenue 1Y (TTM)88.17%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%319.87%
Revenue Next Year5.91%
Revenue Next 2Y5.52%
Revenue Next 3Y5.32%
Revenue Next 5YN/A
EBIT growth 1Y98.6%
EBIT growth 3Y11.07%
EBIT growth 5Y21.76%
EBIT Next Year10.97%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A