GECINA SA (GFC.PA) Stock Fundamental Analysis
Europe - EPA:GFC - FR0010040865 - REIT
82.15 EUR
-1.05 (-1.26%)
GFC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Diversified REITs industry. There are concerns on the financial health of GFC while its profitability can be described as average. GFC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GFC was profitable.
In the past year GFC had a positive cash flow from operations.
Of the past 5 years GFC 4 years were profitable.
Each year in the past 5 years GFC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.71%, GFC is in line with its industry, outperforming 48.72% of the companies in the same industry.
The Return On Equity of GFC (2.98%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.34%, GFC is doing worse than 79.49% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GFC is in line with the industry average of 3.49%.
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
GFC's Profit Margin of 44.60% is fine compared to the rest of the industry. GFC outperforms 61.54% of its industry peers.
In the last couple of years the Profit Margin of GFC has declined.
The Operating Margin of GFC (79.23%) is better than 74.36% of its industry peers.
In the last couple of years the Operating Margin of GFC has remained more or less at the same level.
The Gross Margin of GFC (91.97%) is better than 82.05% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GFC is destroying value.
Compared to 1 year ago, GFC has about the same amount of shares outstanding.
GFC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GFC is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.07, we must say that GFC is in the distress zone and has some risk of bankruptcy.
GFC has a Altman-Z score of 1.07. This is in the better half of the industry: GFC outperforms 66.67% of its industry peers.
GFC has a debt to FCF ratio of 72.06. This is a negative value and a sign of low solvency as GFC would need 72.06 years to pay back of all of its debts.
The Debt to FCF ratio of GFC (72.06) is worse than 82.05% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that GFC is somewhat dependend on debt financing.
The Debt to Equity ratio of GFC (0.65) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.53
WACC4.38%
2.3 Liquidity
A Current Ratio of 0.55 indicates that GFC may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.55, GFC is in line with its industry, outperforming 58.97% of the companies in the same industry.
GFC has a Quick 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.
With a decent Quick ratio value of 0.55, GFC is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
GFC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.75%.
GFC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.53% yearly.
Looking at the last year, GFC shows a small growth in Revenue. The Revenue has grown by 4.15% in the last year.
The Revenue has been growing slightly by 0.38% on average over the past years.
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
The Earnings Per Share is expected to grow by 3.30% on average over the next years.
The Revenue is expected to grow by 4.53% on average over the next years.
EPS Next Y5.1%
EPS Next 2Y3.05%
EPS Next 3Y3.3%
EPS Next 5YN/A
Revenue Next Year3.33%
Revenue Next 2Y2.23%
Revenue Next 3Y2.97%
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
With a Price/Earnings ratio of 12.41, GFC is valued correctly.
Based on the Price/Earnings ratio, GFC is valued a bit cheaper than 61.54% of the companies in the same industry.
GFC is valuated cheaply when we compare the Price/Earnings ratio to 27.49, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 12.05, the valuation of GFC can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GFC indicates a slightly more expensive valuation: GFC is more expensive than 64.10% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of GFC to the average of the S&P500 Index (22.99), we can say GFC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.41 | ||
| Fwd PE | 12.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GFC indicates a slightly more expensive valuation: GFC is more expensive than 64.10% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GFC indicates a rather expensive valuation: GFC more expensive than 82.05% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 66.44 | ||
| EV/EBITDA | 19.61 |
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)2.43
PEG (5Y)8.1
EPS Next 2Y3.05%
EPS Next 3Y3.3%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.67%, GFC is a good candidate for dividend investing.
GFC's Dividend Yield is a higher than the industry average which is at 5.56.
GFC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
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
GFC pays out 127.92% of its income as dividend. This is not a sustainable payout ratio.
DP127.92%
EPS Next 2Y3.05%
EPS Next 3Y3.3%
EPA:GFC (10/15/2025, 5:36:15 PM)
82.15
-1.05 (-1.26%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners60.34%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap6.30B
Analysts80
Price Target112.89 (37.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
Yearly Dividend5.31
Dividend Growth(5Y)-0.7%
DP127.92%
Div Incr Years1
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)1.65%
PT rev (3m)0.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.01%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.41 | ||
| Fwd PE | 12.05 | ||
| P/S | 9.08 | ||
| P/FCF | 66.44 | ||
| P/OCF | 12.21 | ||
| P/B | 0.61 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 19.61 |
EPS(TTM)6.62
EY8.06%
EPS(NY)6.82
Fwd EY8.3%
FCF(TTM)1.24
FCFY1.51%
OCF(TTM)6.73
OCFY8.19%
SpS9.05
BVpS135.5
TBVpS133.19
PEG (NY)2.43
PEG (5Y)8.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.71% | ||
| ROE | 2.98% | ||
| ROCE | 3.48% | ||
| ROIC | 2.34% | ||
| ROICexc | 2.44% | ||
| ROICexgc | 2.47% | ||
| OM | 79.23% | ||
| PM (TTM) | 44.6% | ||
| GM | 91.97% | ||
| FCFM | 13.66% |
ROA(3y)-2.53%
ROA(5y)-0.53%
ROE(3y)-4.2%
ROE(5y)-0.96%
ROIC(3y)2.16%
ROIC(5y)2.04%
ROICexc(3y)2.18%
ROICexc(5y)2.06%
ROICexgc(3y)2.2%
ROICexgc(5y)2.08%
ROCE(3y)3.06%
ROCE(5y)2.88%
ROICexcg growth 3Y11.07%
ROICexcg growth 5Y4.35%
ROICexc growth 3Y11.05%
ROICexc growth 5Y4.34%
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%
F-Score8
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 72.06 | ||
| Debt/EBITDA | 11.98 | ||
| Cap/Depr | 3437.7% | ||
| Cap/Sales | 60.7% | ||
| Interest Coverage | 6.34 | ||
| Cash Conversion | 91.81% | ||
| Profit Quality | 30.63% | ||
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 1.07 |
F-Score8
WACC4.38%
ROIC/WACC0.53
Cap/Depr(3y)4148.07%
Cap/Depr(5y)3166.16%
Cap/Sales(3y)60.99%
Cap/Sales(5y)56.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.75%
EPS 3Y6.47%
EPS 5Y1.53%
EPS Q2Q%6.29%
EPS Next Y5.1%
EPS Next 2Y3.05%
EPS Next 3Y3.3%
EPS Next 5YN/A
Revenue 1Y (TTM)4.15%
Revenue growth 3Y4.23%
Revenue growth 5Y0.38%
Sales Q2Q%4.9%
Revenue Next Year3.33%
Revenue Next 2Y2.23%
Revenue Next 3Y2.97%
Revenue Next 5Y4.53%
EBIT growth 1Y5.05%
EBIT growth 3Y5.7%
EBIT growth 5Y0.87%
EBIT Next Year5.26%
EBIT Next 3Y3.7%
EBIT Next 5Y4.58%
FCF growth 1Y-15.63%
FCF growth 3Y6.25%
FCF growth 5Y15.9%
OCF growth 1Y2.09%
OCF growth 3Y7.59%
OCF growth 5Y-0.67%