COVIVIO HOTELS SACA (COVH.PA) Stock Fundamental Analysis
EPA:COVH - Euronext Paris - Matif - FR0000060303 - REIT - Currency: EUR
COVH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Diversified REITs industry. COVH has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, COVH is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
COVH had positive earnings in the past year.
In the past year COVH had a positive cash flow from operations.
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 3.14%. This is in the better half of the industry: COVH outperforms 65.00% of its industry peers.
With a decent Return On Equity value of 6.54%, COVH is doing good in the industry, outperforming 70.00% of the companies in the same industry.
COVH's Return On Invested Capital of 3.98% is fine compared to the rest of the industry. COVH outperforms 67.50% of its industry peers.
COVH had an Average Return On Invested Capital over the past 3 years of 3.85%. This is in line with the industry average of 3.63%.
The 3 year average ROIC (3.85%) for COVH is below the current ROIC(3.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.54% | ||
| ROIC | 3.98% |
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 80.73%, COVH belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
In the last couple of years the Profit Margin of COVH has declined.
COVH has a Operating Margin of 103.45%. This is amongst the best in the industry. COVH outperforms 97.50% of its industry peers.
COVH's Operating Margin has been stable in the last couple of years.
COVH's Gross Margin of 13.66% is on the low side compared to the rest of the industry. COVH is outperformed by 80.00% of its industry peers.
COVH's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 103.45% | ||
| PM (TTM) | 80.73% | ||
| GM | 13.66% |
OM growth 3Y10.91%
OM growth 5Y0%
PM growth 3Y43.44%
PM growth 5Y-10.66%
GM growth 3Y-31.67%
GM growth 5Y-15.65%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
Compared to 1 year ago, COVH has a worse debt to assets ratio.
2.2 Solvency
COVH has an Altman-Z score of 1.02. 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 (1.02) than 62.50% of its industry peers.
The Debt to FCF ratio of COVH is 14.45, which is on the high side as it means it would take COVH, 14.45 years of fcf income to pay off all of its debts.
COVH has a Debt to FCF ratio (14.45) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.74 indicates that COVH is somewhat dependend on debt financing.
COVH has a Debt to Equity ratio (0.74) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 14.45 | ||
| Altman-Z | 1.02 |
ROIC/WACC0.76
WACC5.21%
2.3 Liquidity
COVH has a Current Ratio of 1.06. 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 (1.06) is better than 72.50% of its industry peers.
A Quick Ratio of 1.06 indicates that COVH should not have too much problems paying its short term obligations.
COVH has a Quick ratio of 1.06. This is in the better half of the industry: COVH outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
COVH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 2041.36%, which is quite impressive.
COVH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.16% yearly.
COVH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.18%.
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)2041.36%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%223.86%
Revenue 1Y (TTM)3.18%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%2.25%
3.2 Future
The Earnings Per Share is expected to grow by 0.90% on average over the next years.
Based on estimates for the next years, COVH will show a small growth in Revenue. The Revenue will grow by 0.55% on average per year.
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
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
Based on the Price/Earnings ratio of 14.87, the valuation of COVH can be described as correct.
COVH's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of COVH to the average of the S&P500 Index (27.30), we can say COVH is valued slightly cheaper.
COVH is valuated correctly with a Price/Forward Earnings ratio of 12.96.
Based on the Price/Forward Earnings ratio, COVH is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, COVH is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.87 | ||
| Fwd PE | 12.96 |
4.2 Price Multiples
COVH's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, COVH is valued a bit more expensive than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.77 | ||
| EV/EBITDA | 18.21 |
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.
The decent profitability rating of COVH may justify a higher PE ratio.
PEG (NY)4.94
PEG (5Y)N/A
EPS Next 2Y0.9%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.61%, COVH is a good candidate for dividend investing.
COVH's Dividend Yield is a higher than the industry average which is at 5.56.
Compared to an average S&P500 Dividend Yield of 2.35, COVH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
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
85.75% of the earnings are spent on dividend by COVH. This is not a sustainable payout ratio.
DP85.75%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPA:COVH (7/11/2025, 7:00:00 PM)
22.6
-0.1 (-0.44%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners31.29%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap3.57B
Analysts82.86
Price Target18.67 (-17.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.61% |
Yearly Dividend1.3
Dividend Growth(5Y)-3.01%
DP85.75%
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 | 14.87 | ||
| Fwd PE | 12.96 | ||
| P/S | 12.83 | ||
| P/FCF | 16.77 | ||
| P/OCF | 10.25 | ||
| P/B | 1.04 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 18.21 |
EPS(TTM)1.52
EY6.73%
EPS(NY)1.74
Fwd EY7.72%
FCF(TTM)1.35
FCFY5.96%
OCF(TTM)2.2
OCFY9.75%
SpS1.76
BVpS21.74
TBVpS19.68
PEG (NY)4.94
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.54% | ||
| ROCE | 4.5% | ||
| ROIC | 3.98% | ||
| ROICexc | 4.22% | ||
| ROICexgc | 4.46% | ||
| OM | 103.45% | ||
| PM (TTM) | 80.73% | ||
| GM | 13.66% | ||
| FCFM | 76.53% |
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%
ROICexcg growth 3Y33.75%
ROICexcg 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 3Y-31.67%
GM growth 5Y-15.65%
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 14.45 | ||
| Debt/EBITDA | 7.34 | ||
| Cap/Depr | 235.3% | ||
| Cap/Sales | 48.63% | ||
| Interest Coverage | 4.58 | ||
| Cash Conversion | 100.84% | ||
| Profit Quality | 94.79% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 1.02 |
F-Score6
WACC5.21%
ROIC/WACC0.76
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)2041.36%
EPS 3Y62.03%
EPS 5Y-12.16%
EPS Q2Q%223.86%
EPS Next Y3.01%
EPS Next 2Y0.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.18%
Revenue growth 3Y14.81%
Revenue growth 5Y2.29%
Sales Q2Q%2.25%
Revenue Next Year-1.19%
Revenue Next 2Y0.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-0.2%
EBIT growth 3Y27.34%
EBIT growth 5Y2.29%
EBIT Next Year-17.92%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-25.64%
FCF growth 3Y35.97%
FCF growth 5Y2.55%
OCF growth 1Y7.43%
OCF growth 3Y30.01%
OCF growth 5Y4.76%