COVIVIO HOTELS SACA (COVH.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:COVH - FR0000060303 - REIT
23.2 EUR
+0.1 (+0.43%)
Taking everything into account, COVH scores 4 out of 10 in our fundamental rating. COVH was compared to 41 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 valied quite expensively at the moment, while 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 58.54% of its industry peers.
COVH has a Return On Equity of 5.89%. This is in the better half of the industry: COVH outperforms 63.41% of its industry peers.
With a Return On Invested Capital value of 3.66%, COVH perfoms like the industry average, outperforming 58.54% of the companies in the same industry.
COVH had an Average Return On Invested Capital over the past 3 years of 3.84%. This is in line with the industry average of 3.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.89% | ||
| ROIC | 3.66% |
ROA(3y)3.26%
ROA(5y)1.11%
ROE(3y)6.53%
ROE(5y)1.93%
ROIC(3y)3.84%
ROIC(5y)2.9%
1.3 Margins
Looking at the Profit Margin, with a value of 79.05%, COVH belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
In the last couple of years the Profit Margin of COVH has declined.
Looking at the Operating Margin, with a value of 101.26%, COVH belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of COVH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 101.26% | ||
| PM (TTM) | 79.05% | ||
| GM | N/A |
OM growth 3Y10.94%
OM growth 5Y0.01%
PM growth 3Y43.52%
PM growth 5Y-10.62%
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.
Compared to 1 year ago, COVH has about the same amount of shares outstanding.
COVH has more shares outstanding than it did 5 years ago.
COVH has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.03, we must say that COVH is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of COVH (1.03) is better than 68.29% of its industry peers.
COVH has a debt to FCF ratio of 12.68. This is a negative value and a sign of low solvency as COVH would need 12.68 years to pay back of all of its debts.
The Debt to FCF ratio of COVH (12.68) 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 (0.70) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 12.68 | ||
| Altman-Z | 1.03 |
ROIC/WACC0.68
WACC5.35%
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.
COVH has a better Current ratio (1.16) than 90.24% 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 Quick ratio of 1.16. This is amongst the best in the industry. COVH outperforms 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 242.69% over the past year.
Measured over the past years, COVH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.11% on average per year.
COVH shows a decrease in Revenue. In the last year, the revenue decreased by -5.26%.
The Revenue has been growing slightly by 2.29% on average over the past years.
EPS 1Y (TTM)242.69%
EPS 3Y62.17%
EPS 5Y-12.11%
EPS Q2Q%-15.56%
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
Based on the Price/Earnings ratio of 16.81, the valuation of COVH can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as COVH.
COVH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 13.46 indicates a correct valuation of COVH.
Based on the Price/Forward Earnings ratio, COVH is valued a bit more expensive than 65.85% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, COVH is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 13.46 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as COVH.
63.41% of the companies in the same industry are cheaper than COVH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.8 | ||
| EV/EBITDA | 16.96 |
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)5.58
PEG (5Y)N/A
EPS Next 2Y0.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
COVH has a Yearly Dividend Yield of 6.33%, which is a nice return.
Compared to an average industry Dividend Yield of 5.07, COVH pays a bit more dividend than its industry peers.
COVH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
5.2 History
The dividend of COVH decreases each year by -2.96%.
Dividend Growth(5Y)-2.96%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
18.93% of the earnings are spent on dividend by COVH. This is a low number and sustainable payout ratio.
DP18.93%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPA:COVH (12/24/2025, 10:25:17 AM)
23.2
+0.1 (+0.43%)
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 Cap3.67B
Revenue(TTM)260.60M
Net Income(TTM)206.00M
Analysts82.86
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.33% |
Yearly Dividend1.3
Dividend Growth(5Y)-2.96%
DP18.93%
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 | 16.81 | ||
| Fwd PE | 13.46 | ||
| P/S | 14.07 | ||
| P/FCF | 15.8 | ||
| P/OCF | 10.01 | ||
| P/B | 1.05 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 16.96 |
EPS(TTM)1.38
EY5.95%
EPS(NY)1.72
Fwd EY7.43%
FCF(TTM)1.47
FCFY6.33%
OCF(TTM)2.32
OCFY9.99%
SpS1.65
BVpS22.15
TBVpS20.08
PEG (NY)5.58
PEG (5Y)N/A
Graham Number26.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 5.89% | ||
| ROCE | 4.14% | ||
| ROIC | 3.66% | ||
| ROICexc | 4.05% | ||
| ROICexgc | 4.29% | ||
| OM | 101.26% | ||
| PM (TTM) | 79.05% | ||
| GM | N/A | ||
| FCFM | 89.02% |
ROA(3y)3.26%
ROA(5y)1.11%
ROE(3y)6.53%
ROE(5y)1.93%
ROIC(3y)3.84%
ROIC(5y)2.9%
ROICexc(3y)4.02%
ROICexc(5y)3.02%
ROICexgc(3y)4.16%
ROICexgc(5y)3.12%
ROCE(3y)4.35%
ROCE(5y)3.28%
ROICexgc growth 3Y33.79%
ROICexgc growth 5Y5.15%
ROICexc growth 3Y32.05%
ROICexc growth 5Y4.41%
OM growth 3Y10.94%
OM growth 5Y0.01%
PM growth 3Y43.52%
PM growth 5Y-10.62%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 12.68 | ||
| Debt/EBITDA | 6.97 | ||
| Cap/Depr | 150.56% | ||
| Cap/Sales | 51.42% | ||
| Interest Coverage | 4.12 | ||
| Cash Conversion | 103.72% | ||
| Profit Quality | 112.62% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.03 |
F-Score5
WACC5.35%
ROIC/WACC0.68
Cap/Depr(3y)164.61%
Cap/Depr(5y)147.48%
Cap/Sales(3y)30.6%
Cap/Sales(5y)33.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)242.69%
EPS 3Y62.17%
EPS 5Y-12.11%
EPS Q2Q%-15.56%
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-8.8%
EBIT growth 3Y27.37%
EBIT growth 5Y2.3%
EBIT Next Year-17.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-7.16%
FCF growth 3Y35.99%
FCF growth 5Y2.56%
OCF growth 1Y24.51%
OCF growth 3Y29.99%
OCF growth 5Y4.75%
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 18.93%.