FCR IMMOBILIEN AG (FC9.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FC9 - DE000A1YC913 - Common Stock
11.7 EUR
-0.2 (-1.68%)
FC9 gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 71 industry peers in the Real Estate Management & Development industry. FC9 has an excellent profitability rating, but there are some minor concerns on its financial health. FC9 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- FC9 had positive earnings in the past year.
- FC9 had a positive operating cash flow in the past year.
- FC9 had positive earnings in each of the past 5 years.
- FC9 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- FC9 has a better Return On Assets (5.15%) than 88.73% of its industry peers.
- The Return On Equity of FC9 (15.26%) is better than 98.59% of its industry peers.
- FC9 has a better Return On Invested Capital (5.74%) than 91.55% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for FC9 is in line with the industry average of 3.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 15.26% | ||
| ROIC | 5.74% |
ROA(3y)3.27%
ROA(5y)3.11%
ROE(3y)11.32%
ROE(5y)11.11%
ROIC(3y)5.76%
ROIC(5y)5.93%
1.3 Margins
- FC9 has a better Profit Margin (47.73%) than 74.65% of its industry peers.
- In the last couple of years the Profit Margin of FC9 has grown nicely.
- The Operating Margin of FC9 (69.57%) is better than 87.32% of its industry peers.
- FC9's Operating Margin has improved in the last couple of years.
- FC9's Gross Margin of 101.31% is amongst the best of the industry. FC9 outperforms 98.59% of its industry peers.
- FC9's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 69.57% | ||
| PM (TTM) | 47.73% | ||
| GM | 101.31% |
OM growth 3Y0.24%
OM growth 5Y2.4%
PM growth 3Y20.41%
PM growth 5Y15.53%
GM growth 3Y-0.12%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FC9 is destroying value.
- FC9 has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for FC9 has been increased compared to 5 years ago.
- Compared to 1 year ago, FC9 has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.97, we must say that FC9 is in the distress zone and has some risk of bankruptcy.
- FC9 has a Altman-Z score (0.97) which is comparable to the rest of the industry.
- FC9 has a debt to FCF ratio of 3.83. This is a good value and a sign of high solvency as FC9 would need 3.83 years to pay back of all of its debts.
- FC9's Debt to FCF ratio of 3.83 is amongst the best of the industry. FC9 outperforms 91.55% of its industry peers.
- FC9 has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of FC9 (0.34) is better than 76.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 0.97 |
ROIC/WACC0.55
WACC10.44%
2.3 Liquidity
- A Current Ratio of 0.40 indicates that FC9 may have some problems paying its short term obligations.
- FC9 has a worse Current ratio (0.40) than 77.46% of its industry peers.
- FC9 has a Quick Ratio of 0.40. This is a bad value and indicates that FC9 is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.35, FC9 is not doing good in the industry: 64.79% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 198.07% over the past year.
- Measured over the past years, FC9 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.98% on average per year.
- The Revenue for FC9 has decreased by -11.23% in the past year. This is quite bad
- The Revenue has been growing slightly by 1.71% on average over the past years.
EPS 1Y (TTM)198.07%
EPS 3Y20.86%
EPS 5Y8.98%
EPS Q2Q%5.02%
Revenue 1Y (TTM)-11.23%
Revenue growth 3Y0.98%
Revenue growth 5Y1.71%
Sales Q2Q%-29.23%
3.2 Future
- The Earnings Per Share is expected to decrease by -22.00% on average over the next years. This is quite bad
- Based on estimates for the next years, FC9 will show a very negative growth in Revenue. The Revenue will decrease by -10.87% on average per year.
EPS Next Y-67.86%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
EPS Next 5YN/A
Revenue Next Year-34.38%
Revenue Next 2Y-17.64%
Revenue Next 3Y-10.87%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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
- With a Price/Earnings ratio of 5.25, the valuation of FC9 can be described as very cheap.
- Based on the Price/Earnings ratio, FC9 is valued cheaply inside the industry as 94.37% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, FC9 is valued rather cheaply.
- The Price/Forward Earnings ratio is 16.09, which indicates a correct valuation of FC9.
- FC9's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FC9 is cheaper than 67.61% of the companies in the same industry.
- FC9 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.25 | ||
| Fwd PE | 16.09 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FC9 is valued cheaper than 94.37% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FC9 indicates a somewhat cheap valuation: FC9 is cheaper than 74.65% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.9 | ||
| EV/EBITDA | 4.62 |
4.3 Compensation for Growth
- The excellent profitability rating of FC9 may justify a higher PE ratio.
- A cheap valuation may be justified as FC9's earnings are expected to decrease with -22.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.58
EPS Next 2Y-39.39%
EPS Next 3Y-22%
5. Dividend
5.1 Amount
- FC9 has a Yearly Dividend Yield of 3.78%.
- FC9's Dividend Yield is a higher than the industry average which is at 4.22.
- FC9's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
5.2 History
- The dividend of FC9 is nicely growing with an annual growth rate of 7.84%!
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 11.17% of the earnings are spent on dividend by FC9. This is a low number and sustainable payout ratio.
DP11.17%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
FCR IMMOBILIEN AG / FC9.DE FAQ
Can you provide the ChartMill fundamental rating for FCR IMMOBILIEN AG?
ChartMill assigns a fundamental rating of 5 / 10 to FC9.DE.
Can you provide the valuation status for FCR IMMOBILIEN AG?
ChartMill assigns a valuation rating of 6 / 10 to FCR IMMOBILIEN AG (FC9.DE). This can be considered as Fairly Valued.
How profitable is FCR IMMOBILIEN AG (FC9.DE) stock?
FCR IMMOBILIEN AG (FC9.DE) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for FC9 stock?
The Price/Earnings (PE) ratio for FCR IMMOBILIEN AG (FC9.DE) is 5.25 and the Price/Book (PB) ratio is 0.8.
Can you provide the financial health for FC9 stock?
The financial health rating of FCR IMMOBILIEN AG (FC9.DE) is 4 / 10.