COVIVIO (COV.PA) Fundamental Analysis & Valuation
EPA:COV • FR0000064578
57.7 EUR
+0.05 (+0.09%)
Last: Mar 6, 2026, 07:00 PM
This COV.PA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
COV gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 43 industry peers in the Diversified REITs industry. There are concerns on the financial health of COV while its profitability can be described as average. COV has a correct valuation and a medium growth rate.
1. COV.PA Profitability Analysis
1.1 Basic Checks
- COV had positive earnings in the past year.
- In the past year COV had a positive cash flow from operations.
- Of the past 5 years COV 4 years were profitable.
- COV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 1.63%, COV perfoms like the industry average, outperforming 41.86% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 5.08%, COV is in line with its industry, outperforming 53.49% of the companies in the same industry.
- With a Return On Invested Capital value of 3.21%, COV perfoms like the industry average, outperforming 48.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 5.08% | ||
| ROIC | 3.21% |
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
- Looking at the Profit Margin, with a value of 30.46%, COV is in line with its industry, outperforming 46.51% of the companies in the same industry.
- COV's Profit Margin has improved in the last couple of years.
- The Operating Margin of COV (57.81%) is worse than 62.79% of its industry peers.
- In the last couple of years the Operating Margin of COV has grown nicely.
- COV has a Gross Margin (74.42%) which is in line with 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 3Y11.41%
OM growth 5Y7.53%
PM growth 3Y16.3%
PM growth 5Y17.87%
GM growth 3Y2.18%
GM growth 5Y0.71%
2. COV.PA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), COV is destroying value.
- COV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- Based on the Altman-Z score of 0.54, 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 0.54, COV is doing worse than 69.77% of the companies in the same industry.
- The Debt to FCF ratio of COV is 28.49, which is on the high side as it means it would take COV, 28.49 years of fcf income to pay off all of its debts.
- With a Debt to FCF ratio value of 28.49, COV is not doing good in the industry: 62.79% of the companies in the same industry are doing better.
- COV has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
- COV's Debt to Equity ratio of 1.07 is on the low side compared to the rest of the industry. COV is outperformed by 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 28.49 | ||
| Altman-Z | 0.54 |
ROIC/WACC0.55
WACC5.85%
2.3 Liquidity
- COV has a Current 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.
- The Current ratio of COV (0.76) is better than 65.12% of its industry peers.
- 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's Quick ratio of 0.69 is fine compared to the rest of the industry. COV outperforms 65.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 |
3. COV.PA Growth Analysis
3.1 Past
- COV shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.26%.
- COV shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.44% yearly.
- COV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.71%.
- COV shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.03% yearly.
EPS 1Y (TTM)6.26%
EPS 3Y1.22%
EPS 5Y2.44%
EPS Q2Q%6.28%
Revenue 1Y (TTM)-11.71%
Revenue growth 3Y-8.88%
Revenue growth 5Y-2.03%
Sales Q2Q%40.47%
3.2 Future
- The Earnings Per Share is expected to grow by 3.42% on average over the next years.
- COV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.90% yearly.
EPS Next Y2.32%
EPS Next 2Y3.02%
EPS Next 3Y3.42%
EPS Next 5YN/A
Revenue Next Year4.94%
Revenue Next 2Y5.27%
Revenue Next 3Y9.9%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. COV.PA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 12.15, the valuation of COV can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of COV indicates a somewhat cheap valuation: COV is cheaper than 67.44% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.29. COV is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 11.87, which indicates a very decent valuation of COV.
- COV's Price/Forward Earnings ratio is in line with the industry average.
- COV's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.60.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 11.87 |
4.2 Price Multiples
- 65.12% of the companies in the same industry are more expensive than COV, based on the Enterprise Value to EBITDA ratio.
- COV's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.4 | ||
| EV/EBITDA | 17.23 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COV does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.24
PEG (5Y)4.97
EPS Next 2Y3.02%
EPS Next 3Y3.42%
5. COV.PA Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.50%, COV is a good candidate for dividend investing.
- COV's Dividend Yield is a higher than the industry average which is at 5.28.
- Compared to an average S&P500 Dividend Yield of 1.82, COV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.5% |
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
- 92.76% of the earnings are spent on dividend by COV. This is not a sustainable payout ratio.
DP92.76%
EPS Next 2Y3.02%
EPS Next 3Y3.42%
COV.PA Fundamentals: All Metrics, Ratios and Statistics
EPA:COV (3/6/2026, 7:00:00 PM)
57.7
+0.05 (+0.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)07-20 2026-07-20
Inst Owners41.1%
Inst Owner ChangeN/A
Ins Owners0.27%
Ins Owner ChangeN/A
Market Cap6.44B
Revenue(TTM)1.15B
Net Income(TTM)417.86M
Analysts75
Price Target64.28 (11.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.5% |
Yearly Dividend0.72
Dividend Growth(5Y)-1.54%
DP92.76%
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)0.73%
PT rev (3m)-0.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.67%
EPS NY rev (3m)1.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.15 | ||
| Fwd PE | 11.87 | ||
| P/S | 4.7 | ||
| P/FCF | 16.4 | ||
| P/OCF | 6.42 | ||
| P/B | 0.78 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 17.23 |
EPS(TTM)4.75
EY8.23%
EPS(NY)4.86
Fwd EY8.42%
FCF(TTM)3.52
FCFY6.1%
OCF(TTM)8.99
OCFY15.58%
SpS12.29
BVpS73.66
TBVpS70.57
PEG (NY)5.24
PEG (5Y)4.97
Graham Number88.73
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 | 28.62% |
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y11.41%
OM growth 5Y7.53%
PM growth 3Y16.3%
PM growth 5Y17.87%
GM growth 3Y2.18%
GM growth 5Y0.71%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 28.49 | ||
| Debt/EBITDA | 9.39 | ||
| Cap/Depr | 415.79% | ||
| Cap/Sales | 44.53% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.76% | ||
| Profit Quality | 93.95% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.54 |
F-Score7
WACC5.85%
ROIC/WACC0.55
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)6.26%
EPS 3Y1.22%
EPS 5Y2.44%
EPS Q2Q%6.28%
EPS Next Y2.32%
EPS Next 2Y3.02%
EPS Next 3Y3.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.71%
Revenue growth 3Y-8.88%
Revenue growth 5Y-2.03%
Sales Q2Q%40.47%
Revenue Next Year4.94%
Revenue Next 2Y5.27%
Revenue Next 3Y9.9%
Revenue Next 5YN/A
EBIT growth 1Y-0.73%
EBIT growth 3Y1.52%
EBIT growth 5Y5.34%
EBIT Next Year7.24%
EBIT Next 3Y6.63%
EBIT Next 5YN/A
FCF growth 1Y-30.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-7.27%
OCF growth 3YN/A
OCF growth 5YN/A
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 for COV 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 financial health of COVIVIO (COV.PA) stock?
The financial health rating of COVIVIO (COV.PA) is 1 / 10.
How sustainable is the dividend of COVIVIO (COV.PA) stock?
The dividend rating of COVIVIO (COV.PA) is 4 / 10 and the dividend payout ratio is 92.76%.