GECINA SA (GFC.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:GFC - FR0010040865 - REIT
77.4 EUR
+0.35 (+0.45%)
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. GFC has a medium profitability rating, but doesn't score so well on its financial health evaluation. GFC has a correct valuation and a medium 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 has a Return On Equity (2.98%) which is in line with its industry peers.
- The Return On Invested Capital of GFC (2.34%) is worse than 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
- GFC's Profit Margin of 44.60% is fine compared to the rest of the industry. GFC outperforms 60.98% of its industry peers.
- GFC's Profit Margin has declined in the last couple of years.
- GFC has a Operating Margin of 79.23%. This is in the better half of the industry: GFC outperforms 73.17% of its industry peers.
- GFC's Operating Margin has been stable in the last couple of years.
- 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
- GFC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for GFC remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, GFC has more shares outstanding
- 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.
- GFC's Altman-Z score of 1.04 is fine compared to the rest of the industry. GFC outperforms 70.73% of its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 72.04, GFC is doing worse than 82.93% of the companies in the same industry.
- GFC has a Debt/Equity ratio of 0.65. This is a neutral value indicating 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 | 72.04 | ||
| Altman-Z | 1.04 |
ROIC/WACC0.54
WACC4.32%
2.3 Liquidity
- A Current Ratio of 0.55 indicates that GFC may have some problems paying 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.
- 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.
- GFC has a Quick ratio of 0.55. This is in the better half of the industry: GFC outperforms 60.98% of its industry peers.
| 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%.
- The Earnings Per Share has been growing slightly by 1.53% on average over the past years.
- Looking at the last year, GFC shows a small growth in Revenue. The Revenue has grown by 4.15% in the last year.
- Measured over the past years, GFC shows a small growth in Revenue. The Revenue has been growing by 0.38% on average per year.
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.
- The Revenue is expected to grow by 4.53% on average over the next years.
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- GFC is valuated reasonably with a Price/Earnings ratio of 11.69.
- Based on the Price/Earnings ratio, GFC is valued a bit cheaper than 65.85% of the companies in the same industry.
- GFC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.25.
- The Price/Forward Earnings ratio is 11.36, which indicates a very decent valuation of GFC.
- GFC's Price/Forward Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, GFC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 11.36 |
4.2 Price Multiples
- GFC's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, GFC is valued more expensive than 82.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.62 | ||
| EV/EBITDA | 18.78 |
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)2.31
PEG (5Y)7.63
EPS Next 2Y3.01%
EPS Next 3Y2.63%
5. Dividend
5.1 Amount
- GFC has a Yearly Dividend Yield of 7.01%, which is a nice return.
- GFC's Dividend Yield is a higher than the industry average which is at 5.41.
- GFC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| 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
- GFC pays out 127.77% of its income as dividend. 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 11.69 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.