FREY (FREY.PA) Stock Fundamental Analysis
EPA:FREY - Euronext Paris - Matif - FR0010588079 - REIT - Currency: EUR
Taking everything into account, FREY scores 4 out of 10 in our fundamental rating. FREY was compared to 41 industry peers in the Diversified REITs industry. FREY has a medium profitability rating, but doesn't score so well on its financial health evaluation. FREY is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
FREY had positive earnings in the past year.
FREY had a positive operating cash flow in the past year.
FREY had positive earnings in each of the past 5 years.
Each year in the past 5 years FREY had a positive operating cash flow.
1.2 Ratios
FREY has a Return On Assets of 1.20%. This is comparable to the rest of the industry: FREY outperforms 46.51% of its industry peers.
FREY's Return On Equity of 2.72% is in line compared to the rest of the industry. FREY outperforms 51.16% of its industry peers.
FREY has a Return On Invested Capital of 3.63%. This is comparable to the rest of the industry: FREY outperforms 55.81% of its industry peers.
FREY had an Average Return On Invested Capital over the past 3 years of 2.69%. This is in line with the industry average of 4.05%.
The 3 year average ROIC (2.69%) for FREY is below the current ROIC(3.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 2.72% | ||
| ROIC | 3.63% |
ROA(3y)3.61%
ROA(5y)2.92%
ROE(3y)7.36%
ROE(5y)5.76%
ROIC(3y)2.69%
ROIC(5y)2.29%
1.3 Margins
FREY's Profit Margin of 16.53% is in line compared to the rest of the industry. FREY outperforms 53.49% of its industry peers.
In the last couple of years the Profit Margin of FREY has declined.
With a Operating Margin value of 53.34%, FREY is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of FREY has grown nicely.
The Gross Margin of FREY (66.63%) is worse than 65.12% of its industry peers.
FREY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.34% | ||
| PM (TTM) | 16.53% | ||
| GM | 66.63% |
OM growth 3Y32.31%
OM growth 5Y12.29%
PM growth 3Y79.1%
PM growth 5Y-30.72%
GM growth 3Y8.4%
GM growth 5Y6.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FREY is destroying value.
FREY has more shares outstanding than it did 1 year ago.
FREY has more shares outstanding than it did 5 years ago.
FREY has a worse debt/assets ratio than last year.
2.2 Solvency
FREY has an Altman-Z score of 0.68. This is a bad value and indicates that FREY is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.68, FREY is doing worse than 67.44% of the companies in the same industry.
FREY has a debt to FCF ratio of 14.45. This is a negative value and a sign of low solvency as FREY would need 14.45 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 14.45, FREY is in line with its industry, outperforming 51.16% of the companies in the same industry.
FREY has a Debt/Equity ratio of 1.00. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.00, FREY is doing worse than 74.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 14.45 | ||
| Altman-Z | 0.68 |
ROIC/WACC0.59
WACC6.16%
2.3 Liquidity
FREY has a Current Ratio of 1.58. This is a normal value and indicates that FREY is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.58, FREY belongs to the top of the industry, outperforming 86.05% of the companies in the same industry.
FREY has a Quick Ratio of 1.23. This is a normal value and indicates that FREY is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.23, FREY belongs to the best of the industry, outperforming 86.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for FREY have decreased strongly by -74.50% in the last year.
The earnings per share for FREY have been decreasing by -21.74% on average. This is quite bad
The Revenue has grown by 28.75% in the past year. This is a very strong growth!
The Revenue has been growing by 21.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-74.5%
EPS 3Y92.67%
EPS 5Y-21.74%
EPS Q2Q%14.84%
Revenue 1Y (TTM)28.75%
Revenue growth 3Y11.47%
Revenue growth 5Y21.25%
Sales Q2Q%35.83%
3.2 Future
FREY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.87% yearly.
FREY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.17% yearly.
EPS Next Y17.32%
EPS Next 2Y9.6%
EPS Next 3Y8.87%
EPS Next 5YN/A
Revenue Next Year14.69%
Revenue Next 2Y9.35%
Revenue Next 3Y8.17%
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.
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
FREY is valuated quite expensively with a Price/Earnings ratio of 33.33.
Compared to the rest of the industry, the Price/Earnings ratio of FREY is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 29.35. FREY is around the same levels.
With a Price/Forward Earnings ratio of 12.77, FREY is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FREY indicates a slightly more expensive valuation: FREY is more expensive than 62.79% of the companies listed in the same industry.
FREY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.33 | ||
| Fwd PE | 12.77 |
4.2 Price Multiples
FREY's Enterprise Value to EBITDA ratio is in line with the industry average.
FREY's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.2 | ||
| EV/EBITDA | 18.75 |
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)1.92
PEG (5Y)N/A
EPS Next 2Y9.6%
EPS Next 3Y8.87%
5. Dividend
5.1 Amount
FREY has a Yearly Dividend Yield of 6.43%, which is a nice return.
Compared to an average industry Dividend Yield of 8.71, FREY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, FREY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
5.2 History
On average, the dividend of FREY grows each year by 16.02%, which is quite nice.
Dividend Growth(5Y)16.02%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
FREY pays out 198.90% of its income as dividend. This is not a sustainable payout ratio.
FREY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP198.9%
EPS Next 2Y9.6%
EPS Next 3Y8.87%
EPA:FREY (3/7/2025, 7:00:00 PM)
28
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.3%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap903.00M
Analysts85.71
Price Target33.66 (20.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
Yearly Dividend1.57
Dividend Growth(5Y)16.02%
DP198.9%
Div Incr Years0
Div Non Decr Years0
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 | 33.33 | ||
| Fwd PE | 12.77 | ||
| P/S | 5.2 | ||
| P/FCF | 12.2 | ||
| P/OCF | 11.55 | ||
| P/B | 0.86 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 18.75 |
EPS(TTM)0.84
EY3%
EPS(NY)2.19
Fwd EY7.83%
FCF(TTM)2.29
FCFY8.19%
OCF(TTM)2.42
OCFY8.66%
SpS5.39
BVpS32.73
TBVpS32.53
PEG (NY)1.92
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.2% | ||
| ROE | 2.72% | ||
| ROCE | 4.17% | ||
| ROIC | 3.63% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 3.9% | ||
| OM | 53.34% | ||
| PM (TTM) | 16.53% | ||
| GM | 66.63% | ||
| FCFM | 42.58% |
ROA(3y)3.61%
ROA(5y)2.92%
ROE(3y)7.36%
ROE(5y)5.76%
ROIC(3y)2.69%
ROIC(5y)2.29%
ROICexc(3y)2.87%
ROICexc(5y)2.44%
ROICexgc(3y)2.88%
ROICexgc(5y)2.45%
ROCE(3y)3.09%
ROCE(5y)2.63%
ROICexcg growth 3Y27.44%
ROICexcg growth 5Y13.09%
ROICexc growth 3Y27.67%
ROICexc growth 5Y13.03%
OM growth 3Y32.31%
OM growth 5Y12.29%
PM growth 3Y79.1%
PM growth 5Y-30.72%
GM growth 3Y8.4%
GM growth 5Y6.39%
F-Score4
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 14.45 | ||
| Debt/EBITDA | 11.16 | ||
| Cap/Depr | 185.02% | ||
| Cap/Sales | 2.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.34% | ||
| Profit Quality | 257.56% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 0.68 |
F-Score4
WACC6.16%
ROIC/WACC0.59
Cap/Depr(3y)751.36%
Cap/Depr(5y)4843.28%
Cap/Sales(3y)5.29%
Cap/Sales(5y)52.6%
Profit Quality(3y)137.04%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-74.5%
EPS 3Y92.67%
EPS 5Y-21.74%
EPS Q2Q%14.84%
EPS Next Y17.32%
EPS Next 2Y9.6%
EPS Next 3Y8.87%
EPS Next 5YN/A
Revenue 1Y (TTM)28.75%
Revenue growth 3Y11.47%
Revenue growth 5Y21.25%
Sales Q2Q%35.83%
Revenue Next Year14.69%
Revenue Next 2Y9.35%
Revenue Next 3Y8.17%
Revenue Next 5YN/A
EBIT growth 1Y33.38%
EBIT growth 3Y47.49%
EBIT growth 5Y36.15%
EBIT Next Year6.32%
EBIT Next 3Y5.64%
EBIT Next 5YN/A
FCF growth 1Y523.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y33.19%
OCF growth 3Y17.27%
OCF growth 5YN/A