COVIVIO (COV.PA) Stock Fundamental Analysis
Europe - EPA:COV - FR0000064578 - REIT
55.3 EUR
+0.2 (+0.36%)
Overall COV gets a fundamental rating of 3 out of 10. We evaluated COV against 39 industry peers in the Diversified REITs industry. While COV is still in line with the averages on profitability rating, there are concerns on its financial health. COV is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year COV was profitable.
In the past year COV had a positive cash flow from operations.
Of the past 5 years COV 4 years were profitable.
Each year in the past 5 years COV had a positive operating cash flow.
1.2 Ratios
COV has a Return On Assets of 1.63%. This is comparable to the rest of the industry: COV outperforms 46.15% of its industry peers.
With a Return On Equity value of 5.08%, COV perfoms like the industry average, outperforming 51.28% of the companies in the same industry.
COV's Return On Invested Capital of 3.21% is in line compared to the rest of the industry. COV outperforms 48.72% of its industry peers.
COV had an Average Return On Invested Capital over the past 3 years of 2.97%. This is in line with the industry average of 3.49%.
The last Return On Invested Capital (3.21%) for COV is above the 3 year average (2.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 5.08% | ||
| ROIC | 3.21% |
ROA(3y)-1.05%
ROA(5y)0.29%
ROE(3y)-3.48%
ROE(5y)0.76%
ROIC(3y)2.97%
ROIC(5y)2.68%
1.3 Margins
COV's Profit Margin of 30.46% is in line compared to the rest of the industry. COV outperforms 46.15% of its industry peers.
In the last couple of years the Profit Margin of COV has declined.
The Operating Margin of COV (57.81%) is worse than 66.67% of its industry peers.
In the last couple of years the Operating Margin of COV has remained more or less at the same level.
COV has a Gross Margin of 74.42%. This is comparable to the rest of the industry: COV outperforms 53.85% of its industry peers.
In the last couple of years the Gross Margin of COV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 57.81% | ||
| PM (TTM) | 30.46% | ||
| GM | 74.42% |
OM growth 3Y-1.46%
OM growth 5Y-1.11%
PM growth 3Y-61.53%
PM growth 5Y-38.78%
GM growth 3Y-2.18%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
COV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
COV has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, COV has more shares outstanding
The debt/assets ratio for COV has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.53, we must say that COV is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.53, COV is doing worse than 71.79% of the companies in the same industry.
COV has a debt to FCF ratio of 28.44. This is a negative value and a sign of low solvency as COV would need 28.44 years to pay back of all of its debts.
COV has a worse Debt to FCF ratio (28.44) than 74.36% of its industry peers.
COV has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.07, COV is not doing good in the industry: 82.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 28.44 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.55
WACC5.8%
2.3 Liquidity
A Current Ratio of 0.76 indicates that COV may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.76, COV is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
COV has a Quick Ratio of 0.76. This is a bad value and indicates that COV is not financially healthy enough and could expect problems in meeting its short term obligations.
COV has a Quick ratio of 0.69. This is in the better half of the industry: COV outperforms 64.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.98% over the past year.
The Earnings Per Share has been decreasing by -3.39% on average over the past years.
Looking at the last year, COV shows a very strong growth in Revenue. The Revenue has grown by 27.96%.
The Revenue has been growing slightly by 1.17% on average over the past years.
EPS 1Y (TTM)5.98%
EPS 3Y0.91%
EPS 5Y-3.39%
EPS Q2Q%6.25%
Revenue 1Y (TTM)27.96%
Revenue growth 3Y9.01%
Revenue growth 5Y1.17%
Sales Q2Q%-30.61%
3.2 Future
The Earnings Per Share is expected to grow by 3.36% on average over the next years.
COV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.04% yearly.
EPS Next Y5.08%
EPS Next 2Y3.26%
EPS Next 3Y3.36%
EPS Next 5YN/A
Revenue Next Year1.82%
Revenue Next 2Y3.23%
Revenue Next 3Y4.04%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.00 indicates a reasonable valuation of COV.
Based on the Price/Earnings ratio, COV is valued a bit cheaper than the industry average as 69.23% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.67, COV is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.60, the valuation of COV can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as COV.
When comparing the Price/Forward Earnings ratio of COV to the average of the S&P500 Index (31.86), we can say COV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12 | ||
| Fwd PE | 11.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COV is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of COV indicates a slightly more expensive valuation: COV is more expensive than 64.10% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.69 | ||
| EV/EBITDA | 16.9 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.36
PEG (5Y)N/A
EPS Next 2Y3.26%
EPS Next 3Y3.36%
5. Dividend
5.1 Amount
COV has a Yearly Dividend Yield of 6.24%, which is a nice return.
Compared to an average industry Dividend Yield of 5.95, COV pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, COV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.24% |
5.2 History
The dividend of COV decreases each year by -1.54%.
Dividend Growth(5Y)-1.54%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
COV pays out 92.95% of its income as dividend. This is not a sustainable payout ratio.
DP92.95%
EPS Next 2Y3.26%
EPS Next 3Y3.36%
EPA:COV (11/7/2025, 11:07:14 AM)
55.3
+0.2 (+0.36%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners41.52%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap6.17B
Revenue(TTM)1.37B
Net Income(TTM)417.86M
Analysts81.25
Price Target64.44 (16.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.24% |
Yearly Dividend0.72
Dividend Growth(5Y)-1.54%
DP92.95%
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)0.29%
PT rev (3m)6.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.25%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12 | ||
| Fwd PE | 11.6 | ||
| P/S | 4.5 | ||
| P/FCF | 15.69 | ||
| P/OCF | 6.15 | ||
| P/B | 0.75 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 16.9 |
EPS(TTM)4.61
EY8.34%
EPS(NY)4.77
Fwd EY8.62%
FCF(TTM)3.52
FCFY6.37%
OCF(TTM)8.99
OCFY16.26%
SpS12.29
BVpS73.66
TBVpS70.57
PEG (NY)2.36
PEG (5Y)N/A
Graham Number87.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 5.08% | ||
| ROCE | 3.59% | ||
| ROIC | 3.21% | ||
| ROICexc | 3.42% | ||
| ROICexgc | 3.48% | ||
| OM | 57.81% | ||
| PM (TTM) | 30.46% | ||
| GM | 74.42% | ||
| FCFM | 28.68% |
ROA(3y)-1.05%
ROA(5y)0.29%
ROE(3y)-3.48%
ROE(5y)0.76%
ROIC(3y)2.97%
ROIC(5y)2.68%
ROICexc(3y)3.08%
ROICexc(5y)2.79%
ROICexgc(3y)3.11%
ROICexgc(5y)2.81%
ROCE(3y)3.32%
ROCE(5y)3%
ROICexgc growth 3Y12.16%
ROICexgc growth 5Y0.31%
ROICexc growth 3Y11.77%
ROICexc growth 5Y0.14%
OM growth 3Y-1.46%
OM growth 5Y-1.11%
PM growth 3Y-61.53%
PM growth 5Y-38.78%
GM growth 3Y-2.18%
GM growth 5Y-0.89%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 28.44 | ||
| Debt/EBITDA | 9.39 | ||
| Cap/Depr | 417.19% | ||
| Cap/Sales | 44.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.87% | ||
| Profit Quality | 94.14% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.53 |
F-Score7
WACC5.8%
ROIC/WACC0.55
Cap/Depr(3y)709.28%
Cap/Depr(5y)708.5%
Cap/Sales(3y)50.08%
Cap/Sales(5y)56.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.98%
EPS 3Y0.91%
EPS 5Y-3.39%
EPS Q2Q%6.25%
EPS Next Y5.08%
EPS Next 2Y3.26%
EPS Next 3Y3.36%
EPS Next 5YN/A
Revenue 1Y (TTM)27.96%
Revenue growth 3Y9.01%
Revenue growth 5Y1.17%
Sales Q2Q%-30.61%
Revenue Next Year1.82%
Revenue Next 2Y3.23%
Revenue Next 3Y4.04%
Revenue Next 5YN/A
EBIT growth 1Y-0.73%
EBIT growth 3Y7.42%
EBIT growth 5Y0.05%
EBIT Next Year12.82%
EBIT Next 3Y8.12%
EBIT Next 5Y7.56%
FCF growth 1Y42.08%
FCF growth 3YN/A
FCF growth 5Y31.13%
OCF growth 1Y30.56%
OCF growth 3Y12.5%
OCF growth 5Y4.86%
COVIVIO / COV.PA FAQ
Can you provide the ChartMill fundamental rating for COVIVIO?
ChartMill assigns a fundamental rating of 3 / 10 to COV.PA.
What is the valuation status of COVIVIO (COV.PA) stock?
ChartMill assigns a valuation rating of 4 / 10 to COVIVIO (COV.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for COVIVIO?
COVIVIO (COV.PA) has a profitability rating of 4 / 10.
What is the earnings growth outlook for COVIVIO?
The Earnings per Share (EPS) of COVIVIO (COV.PA) is expected to grow by 5.08% in the next year.
Can you provide the dividend sustainability for COV stock?
The dividend rating of COVIVIO (COV.PA) is 4 / 10 and the dividend payout ratio is 92.95%.