HOME INVEST BELGIUM (HOMI.BR) Stock Fundamental Analysis
EBR:HOMI - Euronext Brussels - BE0974409410 - REIT - Currency: EUR
Taking everything into account, HOMI scores 4 out of 10 in our fundamental rating. HOMI was compared to 5 industry peers in the Residential REITs industry. While HOMI belongs to the best of the industry regarding profitability, there are concerns on its financial health. HOMI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HOMI had positive earnings in the past year.
In the past year HOMI had a positive cash flow from operations.
Of the past 5 years HOMI 4 years were profitable.
HOMI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HOMI's Return On Assets of 8.99% is amongst the best of the industry. HOMI outperforms 100.00% of its industry peers.
HOMI's Return On Equity of 16.71% is amongst the best of the industry. HOMI outperforms 100.00% of its industry peers.
HOMI's Return On Invested Capital of 2.36% is on the low side compared to the rest of the industry. HOMI is outperformed by 80.00% 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 3.37%.
The 3 year average ROIC (2.36%) for HOMI is below the current ROIC(2.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.99% | ||
| ROE | 16.71% | ||
| ROIC | 2.36% |
ROA(3y)4.75%
ROA(5y)4.76%
ROE(3y)9.08%
ROE(5y)9.52%
ROIC(3y)2.36%
ROIC(5y)2.27%
1.3 Margins
Looking at the Profit Margin, with a value of 221.81%, HOMI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of HOMI has remained more or less at the same level.
HOMI has a Operating Margin of 76.47%. This is in the better half of the industry: HOMI outperforms 80.00% of its industry peers.
In the last couple of years the Operating Margin of HOMI has grown nicely.
Looking at the Gross Margin, with a value of 92.87%, HOMI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of HOMI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 76.47% | ||
| PM (TTM) | 221.81% | ||
| GM | 92.87% |
OM growth 3Y2.45%
OM growth 5Y3.82%
PM growth 3Y7.72%
PM growth 5Y0.13%
GM growth 3Y0.61%
GM growth 5Y0.41%
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.
Compared to 1 year ago, HOMI has more shares outstanding
HOMI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for HOMI has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that HOMI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.85, HOMI is in line with its industry, outperforming 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.82 indicates that 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 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.85 |
ROIC/WACC0.47
WACC5.02%
2.3 Liquidity
HOMI has a Current Ratio of 0.31. This is a bad value and indicates that HOMI is not financially healthy enough and could expect problems in meeting its short term obligations.
HOMI has a Current ratio of 0.31. This is in the lower half of the industry: HOMI underperforms 60.00% of its industry peers.
A Quick Ratio of 0.31 indicates that HOMI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.31, HOMI is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.31 | ||
| Quick Ratio | 0.31 |
3. Growth
3.1 Past
HOMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 616.03%, which is quite impressive.
Measured over the past 5 years, HOMI shows a small growth in Earnings Per Share. The EPS has been growing by 3.82% on average per year.
Looking at the last year, HOMI shows a small growth in Revenue. The Revenue has grown by 4.92% in the last year.
The Revenue has been growing slightly by 7.71% on average over the past years.
EPS 1Y (TTM)616.03%
EPS 3Y11.06%
EPS 5Y3.82%
EPS Q2Q%1175.99%
Revenue 1Y (TTM)4.92%
Revenue growth 3Y9.86%
Revenue growth 5Y7.71%
Sales Q2Q%3.94%
3.2 Future
HOMI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.26% yearly.
HOMI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.53% yearly.
EPS Next Y2.16%
EPS Next 2Y2.78%
EPS Next 3Y2.26%
EPS Next 5YN/A
Revenue Next Year5.52%
Revenue Next 2Y4.72%
Revenue Next 3Y4.53%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.76, the valuation of HOMI can be described as very cheap.
Based on the Price/Earnings ratio, HOMI is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.30, HOMI is valued rather cheaply.
HOMI is valuated correctly with a Price/Forward Earnings ratio of 16.20.
Based on the Price/Forward Earnings ratio, HOMI is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, HOMI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.76 | ||
| Fwd PE | 16.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HOMI is valued more expensive than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of HOMI may justify a higher PE ratio.
PEG (NY)2.2
PEG (5Y)1.24
EPS Next 2Y2.78%
EPS Next 3Y2.26%
5. Dividend
5.1 Amount
HOMI has a Yearly Dividend Yield of 4.18%, which is a nice return.
HOMI's Dividend Yield is slightly below the industry average, which is at 5.62.
Compared to an average S&P500 Dividend Yield of 2.37, HOMI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.18% |
5.2 History
The dividend of HOMI decreases each year by -8.56%.
Dividend Growth(5Y)-8.56%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
HOMI pays out 14.18% of its income as dividend. This is a sustainable payout ratio.
DP14.18%
EPS Next 2Y2.78%
EPS Next 3Y2.26%
EBR:HOMI (7/11/2025, 7:00:00 PM)
19.5
+0.14 (+0.72%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners3.3%
Inst Owner ChangeN/A
Ins Owners3.23%
Ins Owner ChangeN/A
Market Cap393.90M
Analysts45.45
Price Target19.55 (0.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.18% |
Yearly Dividend0.58
Dividend Growth(5Y)-8.56%
DP14.18%
Div Incr Years2
Div Non Decr Years2
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 | 4.76 | ||
| Fwd PE | 16.2 | ||
| P/S | 10.79 | ||
| P/FCF | N/A | ||
| P/OCF | 18.19 | ||
| P/B | 0.81 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 28.3 |
EPS(TTM)4.1
EY21.03%
EPS(NY)1.2
Fwd EY6.17%
FCF(TTM)-0.72
FCFYN/A
OCF(TTM)1.07
OCFY5.5%
SpS1.81
BVpS23.98
TBVpS23.95
PEG (NY)2.2
PEG (5Y)1.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.99% | ||
| ROE | 16.71% | ||
| ROCE | 3.15% | ||
| ROIC | 2.36% | ||
| ROICexc | 2.37% | ||
| ROICexgc | 2.37% | ||
| OM | 76.47% | ||
| PM (TTM) | 221.81% | ||
| GM | 92.87% | ||
| FCFM | N/A |
ROA(3y)4.75%
ROA(5y)4.76%
ROE(3y)9.08%
ROE(5y)9.52%
ROIC(3y)2.36%
ROIC(5y)2.27%
ROICexc(3y)2.37%
ROICexc(5y)2.29%
ROICexgc(3y)2.37%
ROICexgc(5y)2.29%
ROCE(3y)3.14%
ROCE(5y)3.03%
ROICexcg growth 3Y3.18%
ROICexcg growth 5Y3%
ROICexc growth 3Y3.18%
ROICexc growth 5Y3%
OM growth 3Y2.45%
OM growth 5Y3.82%
PM growth 3Y7.72%
PM growth 5Y0.13%
GM growth 3Y0.61%
GM growth 5Y0.41%
F-Score6
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 14.18 | ||
| Cap/Depr | 18429.6% | ||
| Cap/Sales | 98.95% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 77.04% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.31 | ||
| Quick Ratio | 0.31 | ||
| Altman-Z | 0.85 |
F-Score6
WACC5.02%
ROIC/WACC0.47
Cap/Depr(3y)6185.6%
Cap/Depr(5y)5158.09%
Cap/Sales(3y)33.41%
Cap/Sales(5y)31.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)616.03%
EPS 3Y11.06%
EPS 5Y3.82%
EPS Q2Q%1175.99%
EPS Next Y2.16%
EPS Next 2Y2.78%
EPS Next 3Y2.26%
EPS Next 5YN/A
Revenue 1Y (TTM)4.92%
Revenue growth 3Y9.86%
Revenue growth 5Y7.71%
Sales Q2Q%3.94%
Revenue Next Year5.52%
Revenue Next 2Y4.72%
Revenue Next 3Y4.53%
Revenue Next 5YN/A
EBIT growth 1Y10.54%
EBIT growth 3Y12.55%
EBIT growth 5Y11.82%
EBIT Next Year-44.61%
EBIT Next 3Y-15.54%
EBIT Next 5YN/A
FCF growth 1Y-156.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.55%
OCF growth 3Y5.42%
OCF growth 5Y7.98%