EUROCOMMERCIAL PROPERTIES NV (ECMPA.AS) Stock Fundamental Analysis
Europe - AMS:ECMPA - NL0015000K93 - REIT
26.6 EUR
-0.05 (-0.19%)
We assign a fundamental rating of 4 out of 10 to ECMPA. ECMPA was compared to 39 industry peers in the Diversified REITs industry. There are concerns on the financial health of ECMPA while its profitability can be described as average. ECMPA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ECMPA was profitable.
In the past year ECMPA had a positive cash flow from operations.
In multiple years ECMPA reported negative net income over the last 5 years.
ECMPA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ECMPA (4.18%) is better than 79.49% of its industry peers.
ECMPA's Return On Equity of 8.14% is fine compared to the rest of the industry. ECMPA outperforms 74.36% of its industry peers.
ECMPA has a better Return On Invested Capital (5.63%) than 92.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ECMPA is in line with the industry average of 3.49%.
The 3 year average ROIC (3.73%) for ECMPA is below the current ROIC(5.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.14% | ||
| ROIC | 5.63% |
ROA(3y)2.97%
ROA(5y)2.29%
ROE(3y)5.65%
ROE(5y)4.45%
ROIC(3y)3.73%
ROIC(5y)3.62%
1.3 Margins
ECMPA's Profit Margin of 42.73% is in line compared to the rest of the industry. ECMPA outperforms 53.85% of its industry peers.
In the last couple of years the Profit Margin of ECMPA has grown nicely.
The Operating Margin of ECMPA (65.58%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ECMPA has remained more or less at the same level.
The Gross Margin of ECMPA (71.04%) is worse than 61.54% of its industry peers.
In the last couple of years the Gross Margin of ECMPA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.58% | ||
| PM (TTM) | 42.73% | ||
| GM | 71.04% |
OM growth 3Y-0.78%
OM growth 5Y-0.75%
PM growth 3Y15.88%
PM growth 5Y16.12%
GM growth 3Y0.61%
GM growth 5Y-0.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ECMPA is still creating some value.
The number of shares outstanding for ECMPA has been increased compared to 1 year ago.
Compared to 5 years ago, ECMPA has more shares outstanding
Compared to 1 year ago, ECMPA has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.19, we must say that ECMPA is in the distress zone and has some risk of bankruptcy.
ECMPA has a Altman-Z score of 1.19. This is in the better half of the industry: ECMPA outperforms 79.49% of its industry peers.
The Debt to FCF ratio of ECMPA is 24.68, which is on the high side as it means it would take ECMPA, 24.68 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 24.68, ECMPA is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
ECMPA has a Debt/Equity ratio of 0.71. This is a neutral value indicating ECMPA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.71, ECMPA perfoms like the industry average, outperforming 43.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 24.68 | ||
| Altman-Z | 1.19 |
ROIC/WACC1.12
WACC5.04%
2.3 Liquidity
ECMPA has a Current Ratio of 0.48. This is a bad value and indicates that ECMPA is not financially healthy enough and could expect problems in meeting its short term obligations.
ECMPA has a Current ratio (0.48) which is comparable to the rest of the industry.
ECMPA has a Quick Ratio of 0.48. This is a bad value and indicates that ECMPA is not financially healthy enough and could expect problems in meeting its short term obligations.
ECMPA has a Quick ratio of 0.48. This is comparable to the rest of the industry: ECMPA outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
ECMPA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 80.61%, which is quite impressive.
ECMPA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.49% yearly.
The Revenue has been growing slightly by 1.62% in the past year.
ECMPA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.35% yearly.
EPS 1Y (TTM)80.61%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%-53.2%
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%1.96%
3.2 Future
Based on estimates for the next years, ECMPA will show a small growth in Earnings Per Share. The EPS will grow by 2.70% on average per year.
The Revenue is expected to grow by 0.59% on average over the next years.
EPS Next Y2.49%
EPS Next 2Y2.86%
EPS Next 3Y2.7%
EPS Next 5YN/A
Revenue Next Year-1.85%
Revenue Next 2Y0.34%
Revenue Next 3Y1.1%
Revenue Next 5Y0.59%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 8.53, the valuation of ECMPA can be described as reasonable.
Based on the Price/Earnings ratio, ECMPA is valued cheaper than 92.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.31. ECMPA is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 10.26 indicates a reasonable valuation of ECMPA.
Based on the Price/Forward Earnings ratio, ECMPA is valued a bit cheaper than 64.10% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ECMPA to the average of the S&P500 Index (22.85), we can say ECMPA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.53 | ||
| Fwd PE | 10.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ECMPA is valued cheaper than 87.18% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ECMPA is valued a bit more expensive than the industry average as 71.79% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.68 | ||
| EV/EBITDA | 11.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ECMPA may justify a higher PE ratio.
PEG (NY)3.43
PEG (5Y)0.46
EPS Next 2Y2.86%
EPS Next 3Y2.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.86%, ECMPA is a good candidate for dividend investing.
ECMPA's Dividend Yield is rather good when compared to the industry average which is at 5.56. ECMPA pays more dividend than 84.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, ECMPA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
5.2 History
The dividend of ECMPA decreases each year by -5.38%.
Dividend Growth(5Y)-5.38%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
ECMPA pays out 42.42% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.42%
EPS Next 2Y2.86%
EPS Next 3Y2.7%
AMS:ECMPA (10/17/2025, 9:15:09 AM)
26.6
-0.05 (-0.19%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners33.67%
Inst Owner ChangeN/A
Ins Owners18.58%
Ins Owner ChangeN/A
Market Cap1.46B
Analysts84.21
Price Target29.7 (11.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
Yearly Dividend1.33
Dividend Growth(5Y)-5.38%
DP42.42%
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)1.26%
PT rev (3m)5.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.28%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.53 | ||
| Fwd PE | 10.26 | ||
| P/S | 3.7 | ||
| P/FCF | 22.68 | ||
| P/OCF | 15.05 | ||
| P/B | 0.71 | ||
| P/tB | 0.71 | ||
| EV/EBITDA | 11.47 |
EPS(TTM)3.12
EY11.73%
EPS(NY)2.59
Fwd EY9.75%
FCF(TTM)1.17
FCFY4.41%
OCF(TTM)1.77
OCFY6.65%
SpS7.18
BVpS37.69
TBVpS37.69
PEG (NY)3.43
PEG (5Y)0.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 8.14% | ||
| ROCE | 6.85% | ||
| ROIC | 5.63% | ||
| ROICexc | 5.72% | ||
| ROICexgc | 5.72% | ||
| OM | 65.58% | ||
| PM (TTM) | 42.73% | ||
| GM | 71.04% | ||
| FCFM | 16.33% |
ROA(3y)2.97%
ROA(5y)2.29%
ROE(3y)5.65%
ROE(5y)4.45%
ROIC(3y)3.73%
ROIC(5y)3.62%
ROICexc(3y)3.78%
ROICexc(5y)3.69%
ROICexgc(3y)3.78%
ROICexgc(5y)3.69%
ROCE(3y)4.54%
ROCE(5y)4.41%
ROICexcg growth 3Y1.8%
ROICexcg growth 5Y2.98%
ROICexc growth 3Y1.8%
ROICexc growth 5Y2.98%
OM growth 3Y-0.78%
OM growth 5Y-0.75%
PM growth 3Y15.88%
PM growth 5Y16.12%
GM growth 3Y0.61%
GM growth 5Y-0.39%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 24.68 | ||
| Debt/EBITDA | 5.66 | ||
| Cap/Depr | 1581.27% | ||
| Cap/Sales | 8.29% | ||
| Interest Coverage | 4.98 | ||
| Cash Conversion | 37.23% | ||
| Profit Quality | 38.21% | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 1.19 |
F-Score5
WACC5.04%
ROIC/WACC1.12
Cap/Depr(3y)1687.63%
Cap/Depr(5y)2052.22%
Cap/Sales(3y)12.12%
Cap/Sales(5y)16.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)80.61%
EPS 3Y17.87%
EPS 5Y18.49%
EPS Q2Q%-53.2%
EPS Next Y2.49%
EPS Next 2Y2.86%
EPS Next 3Y2.7%
EPS Next 5YN/A
Revenue 1Y (TTM)1.62%
Revenue growth 3Y2.77%
Revenue growth 5Y2.35%
Sales Q2Q%1.96%
Revenue Next Year-1.85%
Revenue Next 2Y0.34%
Revenue Next 3Y1.1%
Revenue Next 5Y0.59%
EBIT growth 1Y0.84%
EBIT growth 3Y1.97%
EBIT growth 5Y1.58%
EBIT Next Year-2.19%
EBIT Next 3Y0.95%
EBIT Next 5YN/A
FCF growth 1Y-30.27%
FCF growth 3Y-3.5%
FCF growth 5Y5.65%
OCF growth 1Y-18.31%
OCF growth 3Y1.91%
OCF growth 5Y-1.65%