GECINA SA (GFC.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:GFC - FR0010040865 - REIT
77.775 EUR
+0.38 (+0.48%)
Taking everything into account, GFC scores 4 out of 10 in our fundamental rating. GFC was compared to 41 industry peers in the Diversified REITs industry. While GFC is still in line with the averages on profitability rating, there are concerns on its financial health. GFC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year GFC was profitable.
- GFC had a positive operating cash flow in the past year.
- GFC had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years GFC had a positive operating cash flow.
1.2 Ratios
- GFC has a Return On Assets (1.71%) which is comparable to the rest of the industry.
- GFC's Return On Equity of 2.98% is in line compared to the rest of the industry. GFC outperforms 41.46% of its industry peers.
- GFC has a Return On Invested Capital of 2.34%. This is in the lower half of the industry: GFC underperforms 75.61% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GFC is in line with the industry average of 3.37%.
- The last Return On Invested Capital (2.34%) for GFC is above the 3 year average (2.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 2.98% | ||
| ROIC | 2.34% |
ROA(3y)-2.53%
ROA(5y)-0.53%
ROE(3y)-4.2%
ROE(5y)-0.96%
ROIC(3y)2.16%
ROIC(5y)2.04%
1.3 Margins
- With a decent Profit Margin value of 44.60%, GFC is doing good in the industry, outperforming 60.98% of the companies in the same industry.
- In the last couple of years the Profit Margin of GFC has declined.
- GFC has a better Operating Margin (79.23%) than 73.17% of its industry peers.
- In the last couple of years the Operating Margin of GFC has remained more or less at the same level.
- GFC has a better Gross Margin (91.97%) than 85.37% of its industry peers.
- In the last couple of years the Gross Margin of GFC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 79.23% | ||
| PM (TTM) | 44.6% | ||
| GM | 91.97% |
OM growth 3Y1.41%
OM growth 5Y0.49%
PM growth 3Y-31.45%
PM growth 5Y-27.48%
GM growth 3Y0.86%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GFC is destroying value.
- The number of shares outstanding for GFC remains at a similar level compared to 1 year ago.
- GFC has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, GFC has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.04, we must say that GFC is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.04, GFC is doing good in the industry, outperforming 70.73% of the companies in the same industry.
- The Debt to FCF ratio of GFC is 72.04, which is on the high side as it means it would take GFC, 72.04 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of GFC (72.04) is worse than 82.93% of its industry peers.
- GFC has a Debt/Equity ratio of 0.65. This is a neutral value indicating GFC is somewhat dependend on debt financing.
- GFC has a Debt to Equity ratio of 0.65. This is comparable to the rest of the industry: GFC outperforms 58.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.04 | ||
| Altman-Z | 1.04 |
ROIC/WACC0.54
WACC4.32%
2.3 Liquidity
- GFC has a Current Ratio of 0.55. This is a bad value and indicates that GFC is not financially healthy enough and could expect problems in meeting its short term obligations.
- GFC has a Current ratio of 0.55. This is comparable to the rest of the industry: GFC outperforms 58.54% of its industry peers.
- A Quick Ratio of 0.55 indicates that GFC may have some problems paying its short term obligations.
- GFC has a better Quick ratio (0.55) than 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 5.75% over the past year.
- GFC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.53% yearly.
- The Revenue has been growing slightly by 4.15% in the past year.
- GFC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.38% yearly.
EPS 1Y (TTM)5.75%
EPS 3Y6.47%
EPS 5Y1.53%
EPS Q2Q%6.29%
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%4.9%
3.2 Future
- Based on estimates for the next years, GFC will show a small growth in Earnings Per Share. The EPS will grow by 2.63% on average per year.
- GFC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.53% yearly.
EPS Next Y5.06%
EPS Next 2Y3.01%
EPS Next 3Y2.63%
EPS Next 5YN/A
Revenue Next Year3.7%
Revenue Next 2Y2.1%
Revenue Next 3Y2.7%
Revenue Next 5Y4.53%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 11.75 indicates a reasonable valuation of GFC.
- Based on the Price/Earnings ratio, GFC is valued a bit cheaper than 68.29% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, GFC is valued rather cheaply.
- With a Price/Forward Earnings ratio of 11.42, the valuation of GFC can be described as very reasonable.
- GFC's Price/Forward Earnings ratio is in line with the industry average.
- When comparing the Price/Forward Earnings ratio of GFC to the average of the S&P500 Index (25.83), we can say GFC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.75 | ||
| Fwd PE | 11.42 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as GFC.
- Based on the Price/Free Cash Flow ratio, GFC is valued expensively inside the industry as 82.93% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.92 | ||
| EV/EBITDA | 18.82 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- GFC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.32
PEG (5Y)7.67
EPS Next 2Y3.01%
EPS Next 3Y2.63%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.01%, GFC is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 5.41, GFC pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, GFC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.01% |
5.2 History
- The dividend of GFC decreases each year by -0.70%.
Dividend Growth(5Y)-0.7%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
- 127.77% of the earnings are spent on dividend by GFC. This is not a sustainable payout ratio.
DP127.77%
EPS Next 2Y3.01%
EPS Next 3Y2.63%
GECINA SA / GFC.PA FAQ
Can you provide the ChartMill fundamental rating for GECINA SA?
ChartMill assigns a fundamental rating of 4 / 10 to GFC.PA.
Can you provide the valuation status for GECINA SA?
ChartMill assigns a valuation rating of 4 / 10 to GECINA SA (GFC.PA). This can be considered as Fairly Valued.
What is the profitability of GFC stock?
GECINA SA (GFC.PA) has a profitability rating of 6 / 10.
What is the valuation of GECINA SA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GECINA SA (GFC.PA) is 11.75 and the Price/Book (PB) ratio is 0.57.
Can you provide the financial health for GFC stock?
The financial health rating of GECINA SA (GFC.PA) is 2 / 10.