HOME INVEST BELGIUM (HOMI.BR) Stock Fundamental Analysis
EBR:HOMI - Euronext Brussels - BE0974409410 - REIT - Currency: EUR
HOMI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 7 industry peers in the Residential REITs industry. While HOMI has a great profitability rating, there are quite some concerns on its financial health. HOMI has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HOMI was profitable.
In the past year HOMI had a positive cash flow from operations.
HOMI had positive earnings in 4 of the past 5 years.
HOMI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HOMI's Return On Assets of 7.14% is amongst the best of the industry. HOMI outperforms 100.00% of its industry peers.
HOMI's Return On Equity of 13.37% is amongst the best of the industry. HOMI outperforms 100.00% of its industry peers.
HOMI has a Return On Invested Capital of 2.34%. This is comparable to the rest of the industry: HOMI outperforms 42.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for HOMI is in line with the industry average of 3.94%.
The last Return On Invested Capital (2.34%) for HOMI is above the 3 year average (2.28%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.14% | ||
| ROE | 13.37% | ||
| ROIC | 2.34% |
ROA(3y)3.97%
ROA(5y)4.7%
ROE(3y)8.26%
ROE(5y)9.76%
ROIC(3y)2.28%
ROIC(5y)2.2%
1.3 Margins
The Profit Margin of HOMI (174.79%) is better than 100.00% of its industry peers.
HOMI's Operating Margin of 74.75% is fine compared to the rest of the industry. HOMI outperforms 71.43% of its industry peers.
In the last couple of years the Operating Margin of HOMI has grown nicely.
HOMI has a Gross Margin of 92.09%. This is amongst the best in the industry. HOMI outperforms 85.71% of its industry peers.
HOMI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 74.75% | ||
| PM (TTM) | 174.79% | ||
| GM | 92.09% |
OM growth 3Y2.87%
OM growth 5Y2.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.26%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
HOMI 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 HOMI has been increased compared to 1 year ago.
HOMI has more shares outstanding than it did 5 years ago.
HOMI has a better debt/assets ratio than last year.
2.2 Solvency
HOMI has an Altman-Z score of 0.80. This is a bad value and indicates that HOMI is not financially healthy and even has some risk of bankruptcy.
HOMI has a Altman-Z score of 0.80. This is in the better half of the industry: HOMI outperforms 71.43% of its industry peers.
The Debt to FCF ratio of HOMI is 41.18, which is on the high side as it means it would take HOMI, 41.18 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 41.18, HOMI perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
HOMI has a Debt/Equity ratio of 0.82. This is a neutral value indicating HOMI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.82, HOMI is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 41.18 | ||
| Altman-Z | 0.8 |
ROIC/WACC0.37
WACC6.26%
2.3 Liquidity
A Current Ratio of 0.40 indicates that HOMI may have some problems paying its short term obligations.
HOMI's Current ratio of 0.40 is in line compared to the rest of the industry. HOMI outperforms 57.14% of its industry peers.
A Quick Ratio of 0.40 indicates that HOMI may have some problems paying its short term obligations.
HOMI has a Quick ratio (0.40) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
HOMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 293.46%, which is quite impressive.
The Revenue has been growing slightly by 7.21% in the past year.
The Revenue has been growing slightly by 7.46% on average over the past years.
EPS 1Y (TTM)293.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%555.14%
Revenue 1Y (TTM)7.21%
Revenue growth 3Y9.41%
Revenue growth 5Y7.46%
Sales Q2Q%5.94%
3.2 Future
Based on estimates for the next years, HOMI will show a decrease in Earnings Per Share. The EPS will decrease by -8.21% on average per year.
HOMI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.44% yearly.
EPS Next Y-33.62%
EPS Next 2Y-17.65%
EPS Next 3Y-11.16%
EPS Next 5Y-8.21%
Revenue Next Year4.17%
Revenue Next 2Y4.84%
Revenue Next 3Y4.53%
Revenue Next 5Y4.44%
3.3 Evolution
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
The Price/Earnings ratio is 5.73, which indicates a rather cheap valuation of HOMI.
Compared to the rest of the industry, the Price/Earnings ratio of HOMI indicates a rather cheap valuation: HOMI is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. HOMI is valued rather cheaply when compared to this.
HOMI is valuated correctly with a Price/Forward Earnings ratio of 15.14.
HOMI's Price/Forward Earnings is on the same level as the industry average.
HOMI 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 | 5.73 | ||
| Fwd PE | 15.14 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as HOMI.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HOMI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.52 | ||
| EV/EBITDA | 28.05 |
4.3 Compensation for Growth
HOMI has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as HOMI's earnings are expected to decrease with -11.16% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-17.65%
EPS Next 3Y-11.16%
5. Dividend
5.1 Amount
No dividends for HOMI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBR:HOMI (3/7/2025, 7:00:00 PM)
18.22
+0.42 (+2.36%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners2.96%
Inst Owner ChangeN/A
Ins Owners3.11%
Ins Owner ChangeN/A
Market Cap368.04M
Analysts45.45
Price Target19.55 (7.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.14
Dividend Growth(5Y)-30.71%
DP18.34%
Div Incr Years1
Div Non Decr Years1
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)1.32%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.73 | ||
| Fwd PE | 15.14 | ||
| P/S | 10.28 | ||
| P/FCF | 38.52 | ||
| P/OCF | 14.11 | ||
| P/B | 0.79 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | 28.05 |
EPS(TTM)3.18
EY17.45%
EPS(NY)1.2
Fwd EY6.61%
FCF(TTM)0.47
FCFY2.6%
OCF(TTM)1.29
OCFY7.09%
SpS1.77
BVpS23.18
TBVpS23.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.14% | ||
| ROE | 13.37% | ||
| ROCE | 3.13% | ||
| ROIC | 2.34% | ||
| ROICexc | 2.36% | ||
| ROICexgc | 2.36% | ||
| OM | 74.75% | ||
| PM (TTM) | 174.79% | ||
| GM | 92.09% | ||
| FCFM | 26.68% |
ROA(3y)3.97%
ROA(5y)4.7%
ROE(3y)8.26%
ROE(5y)9.76%
ROIC(3y)2.28%
ROIC(5y)2.2%
ROICexc(3y)2.3%
ROICexc(5y)2.22%
ROICexgc(3y)2.3%
ROICexgc(5y)2.22%
ROCE(3y)3.04%
ROCE(5y)2.94%
ROICexcg growth 3Y5.3%
ROICexcg growth 5Y3.29%
ROICexc growth 3Y5.28%
ROICexc growth 5Y3.3%
OM growth 3Y2.87%
OM growth 5Y2.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.26%
GM growth 5Y0.84%
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 41.18 | ||
| Debt/EBITDA | 14.28 | ||
| Cap/Depr | 7093.99% | ||
| Cap/Sales | 46.16% | ||
| Interest Coverage | 2.47 | ||
| Cash Conversion | 96.61% | ||
| Profit Quality | 15.27% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 0.8 |
F-Score5
WACC6.26%
ROIC/WACC0.37
Cap/Depr(3y)92.91%
Cap/Depr(5y)2757.51%
Cap/Sales(3y)0.79%
Cap/Sales(5y)21.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)293.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%555.14%
EPS Next Y-33.62%
EPS Next 2Y-17.65%
EPS Next 3Y-11.16%
EPS Next 5Y-8.21%
Revenue 1Y (TTM)7.21%
Revenue growth 3Y9.41%
Revenue growth 5Y7.46%
Sales Q2Q%5.94%
Revenue Next Year4.17%
Revenue Next 2Y4.84%
Revenue Next 3Y4.53%
Revenue Next 5Y4.44%
EBIT growth 1Y14.85%
EBIT growth 3Y12.55%
EBIT growth 5Y10.25%
EBIT Next Year31.96%
EBIT Next 3Y13.23%
EBIT Next 5YN/A
FCF growth 1Y-61.81%
FCF growth 3Y134.76%
FCF growth 5Y70.33%
OCF growth 1Y2.38%
OCF growth 3Y14.71%
OCF growth 5Y19.8%