AEDIFICA (AED.BR) Stock Fundamental Analysis
Europe - EBR:AED - BE0003851681 - REIT
62.95 EUR
-0.2 (-0.32%)
Taking everything into account, AED scores 4 out of 10 in our fundamental rating. AED was compared to 40 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.
AED had a positive operating cash flow in the past year.
In the past 5 years AED has always been profitable.
In the past 5 years AED always reported a positive cash flow from operatings.
1.2 Ratios
AED has a Return On Assets (2.73%) which is in line with its industry peers.
AED has a Return On Equity (4.96%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.52%, AED is in line with its industry, outperforming 57.50% of the companies in the same industry.
AED had an Average Return On Invested Capital over the past 3 years of 3.33%. This is in line with the industry average of 3.43%.
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
Looking at the Profit Margin, with a value of 49.82%, AED is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
In the last couple of years the Profit Margin of AED has declined.
AED's Operating Margin of 77.70% is fine compared to the rest of the industry. AED outperforms 70.00% of its industry peers.
In the last couple of years the Operating Margin of AED has remained more or less at the same level.
AED has a better Gross Margin (97.93%) than 95.00% of its industry peers.
AED's Gross Margin has been stable in the last couple of years.
| 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
AED has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AED remains at a similar level compared to 1 year ago.
Compared to 5 years ago, AED has more shares outstanding
AED has a worse debt/assets ratio than last year.
2.2 Solvency
AED has an Altman-Z score of 0.78. This is a bad value and indicates that AED is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.78, AED is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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 worse Debt to FCF ratio (24.91) than 72.50% 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 72.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 24.91 | ||
| Altman-Z | 0.78 |
ROIC/WACC0.59
WACC5.99%
2.3 Liquidity
A Current Ratio of 0.35 indicates that AED may have some problems paying its short term obligations.
With a Current ratio value of 0.35, AED is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
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.
With a Quick ratio value of 0.35, AED perfoms like the industry average, outperforming 42.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.35 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 59.71% over the past year.
AED shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.20% yearly.
The Revenue has grown by 8.70% 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)59.71%
EPS 3Y-18.35%
EPS 5Y-7.2%
EPS Q2Q%-24.33%
Revenue 1Y (TTM)8.7%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%4.94%
3.2 Future
The Earnings Per Share is expected to grow by 3.09% on average over the next years.
The Revenue is expected to grow by 5.08% on average over the next years.
EPS Next Y3.38%
EPS Next 2Y3.11%
EPS Next 3Y3.09%
EPS Next 5YN/A
Revenue Next Year6.24%
Revenue Next 2Y5.36%
Revenue Next 3Y5.08%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.01, which indicates a rather expensive current valuation of AED.
AED's Price/Earnings is on the same level as the industry average.
AED's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.38.
With a Price/Forward Earnings ratio of 12.03, AED is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as AED.
The average S&P500 Price/Forward Earnings ratio is at 22.86. AED is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.01 | ||
| Fwd PE | 12.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AED is valued a bit more expensive than 65.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AED is valued expensively inside the industry as 80.00% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.88 | ||
| EV/EBITDA | 19.88 |
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)5.04
PEG (5Y)N/A
EPS Next 2Y3.11%
EPS Next 3Y3.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.32%, AED is a good candidate for dividend investing.
AED's Dividend Yield is slightly below the industry average, which is at 5.58.
AED's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
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
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 2Y3.11%
EPS Next 3Y3.09%
EBR:AED (9/19/2025, 7:00:00 PM)
62.95
-0.2 (-0.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners40.83%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap2.99B
Analysts76.67
Price Target74.94 (19.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
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)1.13%
PT rev (3m)1.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.98%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.01 | ||
| Fwd PE | 12.03 | ||
| P/S | 8.48 | ||
| P/FCF | 28.88 | ||
| P/OCF | 10.25 | ||
| P/B | 0.84 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 19.88 |
EPS(TTM)3.7
EY5.88%
EPS(NY)5.23
Fwd EY8.32%
FCF(TTM)2.18
FCFY3.46%
OCF(TTM)6.14
OCFY9.76%
SpS7.42
BVpS74.59
TBVpS72.74
PEG (NY)5.04
PEG (5Y)N/A
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%
ROICexcg growth 3Y6.29%
ROICexcg 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 | 0.78 |
F-Score7
WACC5.99%
ROIC/WACC0.59
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)59.71%
EPS 3Y-18.35%
EPS 5Y-7.2%
EPS Q2Q%-24.33%
EPS Next Y3.38%
EPS Next 2Y3.11%
EPS Next 3Y3.09%
EPS Next 5YN/A
Revenue 1Y (TTM)8.7%
Revenue growth 3Y13.45%
Revenue growth 5Y23.35%
Sales Q2Q%4.94%
Revenue Next Year6.24%
Revenue Next 2Y5.36%
Revenue Next 3Y5.08%
Revenue Next 5YN/A
EBIT growth 1Y9.49%
EBIT growth 3Y15.21%
EBIT growth 5Y24.47%
EBIT Next Year12.16%
EBIT Next 3Y6.92%
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%