AEDIFICA (AED.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:AED - BE0003851681 - REIT
74 EUR
+0.8 (+1.09%)
AED gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 42 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 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.
- In the past 5 years AED has always been profitable.
- AED had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- AED's Return On Assets of 2.73% is in line compared to the rest of the industry. AED outperforms 57.14% of its industry peers.
- AED has a Return On Equity (4.96%) which is in line with its industry peers.
- AED has a Return On Invested Capital (3.52%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for AED is in line with the industry average of 3.45%.
- The last Return On Invested Capital (3.52%) for AED is above the 3 year average (3.33%), which is a sign of increasing profitability.
| 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
- Looking at the Profit Margin, with a value of 49.82%, AED is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- In the last couple of years the Profit Margin of AED has declined.
- Looking at the Operating Margin, with a value of 77.70%, AED is in the better half of the industry, outperforming 71.43% 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.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AED is destroying value.
- The number of shares outstanding for AED remains at a similar level compared to 1 year ago.
- AED has more shares outstanding than it did 5 years ago.
- AED has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.88, we must say that AED is in the distress zone and has some risk of bankruptcy.
- AED has a Altman-Z score (0.88) which is in line with its industry peers.
- The Debt to FCF ratio of AED is 24.91, which is on the high side as it means it would take AED, 24.91 years of fcf income to pay off all of its debts.
- AED has a Debt to FCF ratio of 24.91. This is in the lower half of the industry: AED underperforms 69.05% of its industry peers.
- A Debt/Equity ratio of 0.58 indicates that 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 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 24.91 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.57
WACC6.21%
2.3 Liquidity
- AED has a Current 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 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 has a Quick ratio (0.35) which is in line with 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.
- The Earnings Per Share has been decreasing by -7.20% on average over the past years.
- The Revenue has grown by 8.06% in the past year. This is quite good.
- The Revenue has been growing by 23.35% on average over the past years. This is a very strong growth!
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
- Based on estimates for the next years, AED will show a small growth in Earnings Per Share. The EPS will grow by 3.18% on average per year.
- Based on estimates for the next years, AED will show a small growth in Revenue. The Revenue will grow by 5.12% on average per year.
EPS Next Y3.53%
EPS Next 2Y3.21%
EPS Next 3Y3.18%
EPS Next 5YN/A
Revenue Next Year6.54%
Revenue Next 2Y5.49%
Revenue Next 3Y5.12%
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
- With a Price/Earnings ratio of 15.45, AED is valued correctly.
- AED's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 27.32. AED is valued slightly cheaper when compared to this.
- A Price/Forward Earnings ratio of 14.11 indicates a correct valuation of AED.
- Based on the Price/Forward Earnings ratio, AED is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
- The average S&P500 Price/Forward Earnings ratio is at 24.30. AED is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.45 | ||
| Fwd PE | 14.11 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AED is valued a bit more expensive than 64.29% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, AED is valued more expensive than 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.95 | ||
| EV/EBITDA | 21.64 |
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)4.38
PEG (5Y)N/A
EPS Next 2Y3.21%
EPS Next 3Y3.18%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.76%, AED has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 5.42, AED is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.86, AED pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
5.2 History
- The dividend of AED is nicely growing with an annual growth rate of 22.82%!
Dividend Growth(5Y)22.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 105.58% of the earnings are spent on dividend by AED. 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 2Y3.21%
EPS Next 3Y3.18%
EBR:AED (1/22/2026, 5:36:15 PM)
74
+0.8 (+1.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)10-28 2025-10-28
Earnings (Next)02-13 2026-02-13/amc
Inst Owners41.34%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap3.52B
Revenue(TTM)358.28M
Net Income(TTM)175.81M
Analysts81.11
Price Target77.16 (4.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
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)2.17%
PT rev (3m)2.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.05%
EPS NY rev (3m)0.11%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.45 | ||
| Fwd PE | 14.11 | ||
| P/S | 9.97 | ||
| P/FCF | 33.95 | ||
| P/OCF | 12.05 | ||
| P/B | 0.99 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 21.64 |
EPS(TTM)4.79
EY6.47%
EPS(NY)5.24
Fwd EY7.09%
FCF(TTM)2.18
FCFY2.95%
OCF(TTM)6.14
OCFY8.3%
SpS7.42
BVpS74.59
TBVpS72.74
PEG (NY)4.38
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 | 0.88 |
F-Score7
WACC6.21%
ROIC/WACC0.57
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 Y3.53%
EPS Next 2Y3.21%
EPS Next 3Y3.18%
EPS Next 5YN/A
Revenue 1Y (TTM)8.06%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%6.32%
Revenue Next Year6.54%
Revenue Next 2Y5.49%
Revenue Next 3Y5.12%
Revenue Next 5YN/A
EBIT growth 1Y9.49%
EBIT growth 3Y15.21%
EBIT growth 5Y24.47%
EBIT Next Year10.51%
EBIT Next 3Y6.39%
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.
What is the valuation status of AEDIFICA (AED.BR) stock?
ChartMill assigns a valuation rating of 2 / 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.
Can you provide the PE and PB ratios for AED stock?
The Price/Earnings (PE) ratio for AEDIFICA (AED.BR) is 15.45 and the Price/Book (PB) ratio is 0.99.
Can you provide the financial health for AED stock?
The financial health rating of AEDIFICA (AED.BR) is 2 / 10.