COFINIMMO (COFB.BR) Stock Fundamental Analysis
EBR:COFB - Euronext Brussels - BE0003593044 - REIT - Currency: EUR
Overall COFB gets a fundamental rating of 4 out of 10. We evaluated COFB against 41 industry peers in the Diversified REITs industry. While COFB belongs to the best of the industry regarding profitability, there are concerns on its financial health. COFB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
COFB had positive earnings in the past year.
Of the past 5 years COFB 4 years were profitable.
Of the past 5 years COFB 4 years had a positive operating cash flow.
1.2 Ratios
COFB has a better Return On Assets (4.71%) than 81.40% of its industry peers.
COFB's Return On Equity of 8.58% is fine compared to the rest of the industry. COFB outperforms 74.42% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.59%, COFB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for COFB is in line with the industry average of 4.05%.
The 3 year average ROIC (3.59%) for COFB is below the current ROIC(7.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 8.58% | ||
| ROIC | 7.59% |
ROA(3y)3.35%
ROA(5y)3.31%
ROE(3y)6.21%
ROE(5y)6.27%
ROIC(3y)3.59%
ROIC(5y)3.53%
1.3 Margins
COFB has a better Profit Margin (39.66%) than 65.12% of its industry peers.
In the last couple of years the Profit Margin of COFB has remained more or less at the same level.
Looking at the Operating Margin, with a value of 72.45%, COFB is in line with its industry, outperforming 53.49% of the companies in the same industry.
COFB's Operating Margin has improved in the last couple of years.
COFB has a Gross Margin of 82.95%. This is in the better half of the industry: COFB outperforms 67.44% of its industry peers.
In the last couple of years the Gross Margin of COFB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.45% | ||
| PM (TTM) | 39.66% | ||
| GM | 82.95% |
OM growth 3Y8.77%
OM growth 5Y5.14%
PM growth 3Y-3.14%
PM growth 5Y-0.54%
GM growth 3Y4.47%
GM growth 5Y3.92%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), COFB is creating value.
Compared to 1 year ago, COFB has more shares outstanding
COFB has more shares outstanding than it did 5 years ago.
COFB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that COFB is in the distress zone and has some risk of bankruptcy.
COFB's Altman-Z score of 0.85 is in line compared to the rest of the industry. COFB outperforms 48.84% of its industry peers.
COFB has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
COFB has a better Debt to Equity ratio (0.50) than 88.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.85 |
ROIC/WACC1.88
WACC4.04%
2.3 Liquidity
A Current Ratio of 0.14 indicates that COFB may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.14, COFB is doing worse than 79.07% of the companies in the same industry.
COFB has a Quick Ratio of 0.14. This is a bad value and indicates that COFB is not financially healthy enough and could expect problems in meeting its short term obligations.
COFB's Quick ratio of 0.14 is on the low side compared to the rest of the industry. COFB is outperformed by 79.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.14 | ||
| Quick Ratio | 0.14 |
3. Growth
3.1 Past
COFB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 562.84%, which is quite impressive.
The earnings per share for COFB have been decreasing by -27.29% on average. This is quite bad
The Revenue has grown by 26.83% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 4.14% on average over the past years.
EPS 1Y (TTM)562.84%
EPS 3Y-41.93%
EPS 5Y-27.29%
EPS Q2Q%172.15%
Revenue 1Y (TTM)26.83%
Revenue growth 3Y1.01%
Revenue growth 5Y4.14%
Sales Q2Q%293.45%
3.2 Future
COFB is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.35% yearly.
COFB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.27% yearly.
EPS Next Y-3.35%
EPS Next 2Y-1.35%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.32%
Revenue Next 2Y1.11%
Revenue Next 3Y1.51%
Revenue Next 5Y3.27%
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
With a Price/Earnings ratio of 17.87, COFB is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of COFB indicates a somewhat cheap valuation: COFB is cheaper than 60.47% of the companies listed in the same industry.
COFB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.35.
Based on the Price/Forward Earnings ratio of 9.35, the valuation of COFB can be described as reasonable.
Based on the Price/Forward Earnings ratio, COFB is valued a bit cheaper than 69.77% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. COFB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 9.35 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
COFB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.35%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.51%, COFB is a good candidate for dividend investing.
COFB's Dividend Yield is a higher than the industry average which is at 8.71.
COFB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.51% |
5.2 History
The dividend of COFB decreases each year by -3.46%.
Dividend Growth(5Y)-3.46%
Div Incr Years5
Div Non Decr Years6
5.3 Sustainability
The Dividend Rate of COFB has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP0%
EPS Next 2Y-1.35%
EPS Next 3YN/A
EBR:COFB (3/7/2025, 7:00:00 PM)
59.15
+1.35 (+2.34%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners30.13%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap2.25B
Analysts55
Price Target65.96 (11.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.51% |
Yearly Dividend4.6
Dividend Growth(5Y)-3.46%
DP0%
Div Incr Years5
Div Non Decr Years6
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)1
Avg Revenue beat(2)129.65%
Min Revenue beat(2)-8.78%
Max Revenue beat(2)268.08%
Revenue beat(4)1
Avg Revenue beat(4)55.88%
Min Revenue beat(4)-25.98%
Max Revenue beat(4)268.08%
Revenue beat(8)1
Avg Revenue beat(8)25.01%
Revenue beat(12)3
Avg Revenue beat(12)34.98%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.31%
PT rev (3m)-9.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.4%
EPS NY rev (3m)-2.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.54%
Revenue NY rev (3m)-0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.87 | ||
| Fwd PE | 9.35 | ||
| P/S | 2.95 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.31
EY5.6%
EPS(NY)6.33
Fwd EY10.7%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS20.06
BVpS92.78
TBVpS92.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 8.58% | ||
| ROCE | 10.13% | ||
| ROIC | 7.59% | ||
| ROICexc | 7.63% | ||
| ROICexgc | 7.64% | ||
| OM | 72.45% | ||
| PM (TTM) | 39.66% | ||
| GM | 82.95% | ||
| FCFM | N/A |
ROA(3y)3.35%
ROA(5y)3.31%
ROE(3y)6.21%
ROE(5y)6.27%
ROIC(3y)3.59%
ROIC(5y)3.53%
ROICexc(3y)3.61%
ROICexc(5y)3.55%
ROICexgc(3y)3.62%
ROICexgc(5y)3.57%
ROCE(3y)4.79%
ROCE(5y)4.7%
ROICexcg growth 3Y5.67%
ROICexcg growth 5Y0.08%
ROICexc growth 3Y5.98%
ROICexc growth 5Y0.4%
OM growth 3Y8.77%
OM growth 5Y5.14%
PM growth 3Y-3.14%
PM growth 5Y-0.54%
GM growth 3Y4.47%
GM growth 5Y3.92%
F-ScoreN/A
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| 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 | 0.14 | ||
| Quick Ratio | 0.14 | ||
| Altman-Z | 0.85 |
F-ScoreN/A
WACC4.04%
ROIC/WACC1.88
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)562.84%
EPS 3Y-41.93%
EPS 5Y-27.29%
EPS Q2Q%172.15%
EPS Next Y-3.35%
EPS Next 2Y-1.35%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)26.83%
Revenue growth 3Y1.01%
Revenue growth 5Y4.14%
Sales Q2Q%293.45%
Revenue Next Year0.32%
Revenue Next 2Y1.11%
Revenue Next 3Y1.51%
Revenue Next 5Y3.27%
EBIT growth 1Y44.68%
EBIT growth 3Y9.87%
EBIT growth 5Y9.49%
EBIT Next Year23.19%
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