COVIVIO HOTELS SACA (COVH.PA) Stock Fundamental Analysis
Europe - EPA:COVH - FR0000060303 - REIT
23.5 EUR
+0.4 (+1.73%)
We assign a fundamental rating of 4 out of 10 to COVH. COVH was compared to 39 industry peers in the Diversified REITs industry. Both the profitability and the financial health of COVH get a neutral evaluation. Nothing too spectacular is happening here. COVH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
COVH had positive earnings in the past year.
COVH had a positive operating cash flow in the past year.
In multiple years COVH reported negative net income over the last 5 years.
Each year in the past 5 years COVH had a positive operating cash flow.
1.2 Ratios
COVH has a Return On Assets of 2.89%. This is comparable to the rest of the industry: COVH outperforms 56.41% of its industry peers.
With a decent Return On Equity value of 5.88%, COVH is doing good in the industry, outperforming 61.54% of the companies in the same industry.
COVH's Return On Invested Capital of 3.68% is in line compared to the rest of the industry. COVH outperforms 58.97% of its industry peers.
The Average Return On Invested Capital over the past 3 years for COVH is in line with the industry average of 3.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.88% | ||
| ROIC | 3.68% |
ROA(3y)3.26%
ROA(5y)1.11%
ROE(3y)6.53%
ROE(5y)1.93%
ROIC(3y)3.85%
ROIC(5y)2.91%
1.3 Margins
With an excellent Profit Margin value of 78.96%, COVH belongs to the best of the industry, outperforming 87.18% of the companies in the same industry.
COVH's Profit Margin has declined in the last couple of years.
COVH has a better Operating Margin (101.55%) than 100.00% of its industry peers.
COVH's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 101.55% | ||
| PM (TTM) | 78.96% | ||
| GM | N/A |
OM growth 3Y10.91%
OM growth 5Y0%
PM growth 3Y43.44%
PM growth 5Y-10.66%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so COVH is destroying value.
The number of shares outstanding for COVH remains at a similar level compared to 1 year ago.
The number of shares outstanding for COVH has been increased compared to 5 years ago.
The debt/assets ratio for COVH is higher compared to a year ago.
2.2 Solvency
COVH has an Altman-Z score of 1.03. This is a bad value and indicates that COVH is not financially healthy and even has some risk of bankruptcy.
COVH has a better Altman-Z score (1.03) than 66.67% of its industry peers.
COVH has a debt to FCF ratio of 12.72. This is a negative value and a sign of low solvency as COVH would need 12.72 years to pay back of all of its debts.
The Debt to FCF ratio of COVH (12.72) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.70 indicates that COVH is somewhat dependend on debt financing.
COVH has a Debt to Equity ratio of 0.70. This is comparable to the rest of the industry: COVH outperforms 48.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 12.72 | ||
| Altman-Z | 1.03 |
ROIC/WACC0.68
WACC5.41%
2.3 Liquidity
COVH has a Current Ratio of 1.16. This is a normal value and indicates that COVH is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of COVH (1.16) is better than 87.18% of its industry peers.
A Quick Ratio of 1.16 indicates that COVH should not have too much problems paying its short term obligations.
COVH has a better Quick ratio (1.16) than 87.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
COVH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 241.67%, which is quite impressive.
Measured over the past years, COVH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.16% on average per year.
The Revenue has decreased by -5.26% in the past year.
Measured over the past years, COVH shows a small growth in Revenue. The Revenue has been growing by 2.29% on average per year.
EPS 1Y (TTM)241.67%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%-15.59%
Revenue 1Y (TTM)-5.26%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%-12.96%
3.2 Future
Based on estimates for the next years, COVH will show a small growth in Earnings Per Share. The EPS will grow by 0.90% on average per year.
COVH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.55% yearly.
EPS Next Y3.01%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.19%
Revenue Next 2Y0.55%
Revenue Next 3YN/A
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
With a Price/Earnings ratio of 17.03, COVH is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of COVH is on the same level as its industry peers.
COVH is valuated rather cheaply when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.63 indicates a correct valuation of COVH.
COVH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. COVH is more expensive than 69.23% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, COVH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.03 | ||
| Fwd PE | 13.63 |
4.2 Price Multiples
COVH's Enterprise Value to EBITDA ratio is in line with the industry average.
COVH's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. COVH is more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.05 | ||
| EV/EBITDA | 16.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COVH does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.65
PEG (5Y)N/A
EPS Next 2Y0.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.49%, COVH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.95, COVH pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, COVH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.49% |
5.2 History
The dividend of COVH decreases each year by -3.01%.
Dividend Growth(5Y)-3.01%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
19.16% of the earnings are spent on dividend by COVH. This is a low number and sustainable payout ratio.
DP19.16%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPA:COVH (11/7/2025, 7:00:00 PM)
23.5
+0.4 (+1.73%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners31.31%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap3.71B
Revenue(TTM)260.60M
Net Income(TTM)205.77M
Analysts82.86
Price Target18.67 (-20.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.49% |
Yearly Dividend1.3
Dividend Growth(5Y)-3.01%
DP19.16%
Div Incr Years4
Div Non Decr Years4
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%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.03 | ||
| Fwd PE | 13.63 | ||
| P/S | 14.25 | ||
| P/FCF | 16.05 | ||
| P/OCF | 10.16 | ||
| P/B | 1.06 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 16.97 |
EPS(TTM)1.38
EY5.87%
EPS(NY)1.72
Fwd EY7.34%
FCF(TTM)1.46
FCFY6.23%
OCF(TTM)2.31
OCFY9.85%
SpS1.65
BVpS22.14
TBVpS20.08
PEG (NY)5.65
PEG (5Y)N/A
Graham Number26.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.88% | ||
| ROCE | 4.15% | ||
| ROIC | 3.68% | ||
| ROICexc | 4.07% | ||
| ROICexgc | 4.31% | ||
| OM | 101.55% | ||
| PM (TTM) | 78.96% | ||
| GM | N/A | ||
| FCFM | 88.74% |
ROA(3y)3.26%
ROA(5y)1.11%
ROE(3y)6.53%
ROE(5y)1.93%
ROIC(3y)3.85%
ROIC(5y)2.91%
ROICexc(3y)4.03%
ROICexc(5y)3.03%
ROICexgc(3y)4.17%
ROICexgc(5y)3.12%
ROCE(3y)4.35%
ROCE(5y)3.29%
ROICexgc growth 3Y33.75%
ROICexgc growth 5Y5.13%
ROICexc growth 3Y32.01%
ROICexc growth 5Y4.39%
OM growth 3Y10.91%
OM growth 5Y0%
PM growth 3Y43.44%
PM growth 5Y-10.66%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 12.72 | ||
| Debt/EBITDA | 6.97 | ||
| Cap/Depr | 152.56% | ||
| Cap/Sales | 51.52% | ||
| Interest Coverage | 4.11 | ||
| Cash Conversion | 103.65% | ||
| Profit Quality | 112.39% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.03 |
F-Score5
WACC5.41%
ROIC/WACC0.68
Cap/Depr(3y)165.18%
Cap/Depr(5y)147.82%
Cap/Sales(3y)30.61%
Cap/Sales(5y)33.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)241.67%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%-15.59%
EPS Next Y3.01%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.26%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%-12.96%
Revenue Next Year-1.19%
Revenue Next 2Y0.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-8.53%
EBIT growth 3Y27.34%
EBIT growth 5Y2.29%
EBIT Next Year-17.92%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-7.29%
FCF growth 3Y35.97%
FCF growth 5Y2.55%
OCF growth 1Y24.43%
OCF growth 3Y30.01%
OCF growth 5Y4.76%
COVIVIO HOTELS SACA / COVH.PA FAQ
What is the fundamental rating for COVH stock?
ChartMill assigns a fundamental rating of 4 / 10 to COVH.PA.
Can you provide the valuation status for COVIVIO HOTELS SACA?
ChartMill assigns a valuation rating of 2 / 10 to COVIVIO HOTELS SACA (COVH.PA). This can be considered as Overvalued.
How profitable is COVIVIO HOTELS SACA (COVH.PA) stock?
COVIVIO HOTELS SACA (COVH.PA) has a profitability rating of 5 / 10.
How financially healthy is COVIVIO HOTELS SACA?
The financial health rating of COVIVIO HOTELS SACA (COVH.PA) is 4 / 10.
Is the dividend of COVIVIO HOTELS SACA sustainable?
The dividend rating of COVIVIO HOTELS SACA (COVH.PA) is 6 / 10 and the dividend payout ratio is 19.16%.