ICADE (ICAD.PA) Stock Fundamental Analysis
Europe - EPA:ICAD - FR0000035081 - REIT
20.52 EUR
-0.16 (-0.77%)
Overall ICAD gets a fundamental rating of 3 out of 10. We evaluated ICAD against 39 industry peers in the Diversified REITs industry. ICAD has a bad profitability rating. Also its financial health evaluation is rather negative. ICAD is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ICAD had positive earnings in the past year.
ICAD had a positive operating cash flow in the past year.
In multiple years ICAD reported negative net income over the last 5 years.
ICAD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ICAD (-1.85%) is worse than 82.05% of its industry peers.
Looking at the Return On Equity, with a value of -4.79%, ICAD is doing worse than 82.05% of the companies in the same industry.
With a Return On Invested Capital value of 2.76%, ICAD is not doing good in the industry: 74.36% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for ICAD is in line with the industry average of 3.49%.
The 3 year average ROIC (2.14%) for ICAD is below the current ROIC(2.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.85% | ||
| ROE | -4.79% | ||
| ROIC | 2.76% |
ROA(3y)-4.37%
ROA(5y)-2.07%
ROE(3y)-10.21%
ROE(5y)-4.69%
ROIC(3y)2.14%
ROIC(5y)2.38%
1.3 Margins
ICAD's Operating Margin of 19.60% is on the low side compared to the rest of the industry. ICAD is outperformed by 82.05% of its industry peers.
ICAD's Operating Margin has declined in the last couple of years.
ICAD does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.6% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3Y-28.23%
OM growth 5Y-3.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ICAD is destroying value.
Compared to 1 year ago, ICAD has about the same amount of shares outstanding.
ICAD has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ICAD is higher compared to a year ago.
2.2 Solvency
ICAD has an Altman-Z score of 0.64. This is a bad value and indicates that ICAD is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ICAD (0.64) is worse than 61.54% of its industry peers.
The Debt to FCF ratio of ICAD is 45.49, which is on the high side as it means it would take ICAD, 45.49 years of fcf income to pay off all of its debts.
ICAD's Debt to FCF ratio of 45.49 is on the low side compared to the rest of the industry. ICAD is outperformed by 79.49% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that ICAD is somewhat dependend on debt financing.
ICAD's Debt to Equity ratio of 0.97 is on the low side compared to the rest of the industry. ICAD is outperformed by 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 45.49 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.97
WACC2.83%
2.3 Liquidity
ICAD has a Current Ratio of 1.06. This is a normal value and indicates that ICAD is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ICAD (1.06) is better than 79.49% of its industry peers.
A Quick Ratio of 0.81 indicates that ICAD may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.81, ICAD is doing good in the industry, outperforming 74.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The earnings per share for ICAD have decreased strongly by -72.25% in the last year.
Measured over the past years, ICAD shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.69% on average per year.
ICAD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.82%.
Measured over the past years, ICAD shows a small growth in Revenue. The Revenue has been growing by 0.64% on average per year.
EPS 1Y (TTM)-72.25%
EPS 3YN/A
EPS 5Y-9.69%
EPS Q2Q%-10.91%
Revenue 1Y (TTM)-13.82%
Revenue growth 3Y-1.82%
Revenue growth 5Y0.64%
Sales Q2Q%-74.49%
3.2 Future
Based on estimates for the next years, ICAD will show a decrease in Earnings Per Share. The EPS will decrease by -1.60% on average per year.
The Revenue is expected to decrease by -1.36% on average over the next years.
EPS Next Y10.6%
EPS Next 2Y2.29%
EPS Next 3Y-1.6%
EPS Next 5YN/A
Revenue Next Year-6.62%
Revenue Next 2Y-1.93%
Revenue Next 3Y-1.36%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 6.89, the valuation of ICAD can be described as very cheap.
Based on the Price/Earnings ratio, ICAD is valued cheaper than 94.87% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.03, ICAD is valued rather cheaply.
A Price/Forward Earnings ratio of 6.21 indicates a rather cheap valuation of ICAD.
Based on the Price/Forward Earnings ratio, ICAD is valued cheaply inside the industry as 94.87% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ICAD to the average of the S&P500 Index (22.27), we can say ICAD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.89 | ||
| Fwd PE | 6.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ICAD indicates a rather cheap valuation: ICAD is cheaper than 92.31% of the companies listed in the same industry.
ICAD's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.22 | ||
| EV/EBITDA | 10.43 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y2.29%
EPS Next 3Y-1.6%
5. Dividend
5.1 Amount
ICAD has a Yearly Dividend Yield of 5.49%, which is a nice return.
Compared to an average industry Dividend Yield of 5.95, ICAD has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, ICAD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.49% |
5.2 History
The dividend of ICAD has a limited annual growth rate of 1.04%.
Dividend Growth(5Y)1.04%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
ICAD has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-185.46%
EPS Next 2Y2.29%
EPS Next 3Y-1.6%
EPA:ICAD (11/5/2025, 3:40:13 PM)
20.52
-0.16 (-0.77%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners73.36%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap1.56B
Revenue(TTM)1.50B
Net Income(TTM)-187100000
Analysts69.47
Price Target24.9 (21.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.49% |
Yearly Dividend4.84
Dividend Growth(5Y)1.04%
DP-185.46%
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)0.19%
PT rev (3m)-2.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.89 | ||
| Fwd PE | 6.21 | ||
| P/S | 1.04 | ||
| P/FCF | 15.22 | ||
| P/OCF | 4.76 | ||
| P/B | 0.4 | ||
| P/tB | 0.4 | ||
| EV/EBITDA | 10.43 |
EPS(TTM)2.98
EY14.52%
EPS(NY)3.31
Fwd EY16.11%
FCF(TTM)1.35
FCFY6.57%
OCF(TTM)4.31
OCFY20.99%
SpS19.67
BVpS51.19
TBVpS50.76
PEG (NY)0.65
PEG (5Y)N/A
Graham Number58.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.85% | ||
| ROE | -4.79% | ||
| ROCE | 3.87% | ||
| ROIC | 2.76% | ||
| ROICexc | 3.38% | ||
| ROICexgc | 3.4% | ||
| OM | 19.6% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 6.86% |
ROA(3y)-4.37%
ROA(5y)-2.07%
ROE(3y)-10.21%
ROE(5y)-4.69%
ROIC(3y)2.14%
ROIC(5y)2.38%
ROICexc(3y)2.49%
ROICexc(5y)2.67%
ROICexgc(3y)2.5%
ROICexgc(5y)2.68%
ROCE(3y)3.06%
ROCE(5y)3.38%
ROICexgc growth 3Y-8.78%
ROICexgc growth 5Y2.92%
ROICexc growth 3Y-8.79%
ROICexc growth 5Y2.96%
OM growth 3Y-28.23%
OM growth 5Y-3.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 45.49 | ||
| Debt/EBITDA | 9.41 | ||
| Cap/Depr | 211.04% | ||
| Cap/Sales | 15.05% | ||
| Interest Coverage | 4.1 | ||
| Cash Conversion | 81.96% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 0.64 |
F-Score5
WACC2.83%
ROIC/WACC0.97
Cap/Depr(3y)678.24%
Cap/Depr(5y)1255.8%
Cap/Sales(3y)20.42%
Cap/Sales(5y)31.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-72.25%
EPS 3YN/A
EPS 5Y-9.69%
EPS Q2Q%-10.91%
EPS Next Y10.6%
EPS Next 2Y2.29%
EPS Next 3Y-1.6%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.82%
Revenue growth 3Y-1.82%
Revenue growth 5Y0.64%
Sales Q2Q%-74.49%
Revenue Next Year-6.62%
Revenue Next 2Y-1.93%
Revenue Next 3Y-1.36%
Revenue Next 5YN/A
EBIT growth 1Y74.88%
EBIT growth 3Y-29.53%
EBIT growth 5Y-3.23%
EBIT Next Year51.07%
EBIT Next 3Y14.51%
EBIT Next 5Y8.67%
FCF growth 1Y240.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-17.57%
OCF growth 3Y-11.53%
OCF growth 5Y-0.14%
ICADE / ICAD.PA FAQ
What is the ChartMill fundamental rating of ICADE (ICAD.PA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to ICAD.PA.
What is the valuation status for ICAD stock?
ChartMill assigns a valuation rating of 7 / 10 to ICADE (ICAD.PA). This can be considered as Undervalued.
Can you provide the profitability details for ICADE?
ICADE (ICAD.PA) has a profitability rating of 2 / 10.
What are the PE and PB ratios of ICADE (ICAD.PA) stock?
The Price/Earnings (PE) ratio for ICADE (ICAD.PA) is 6.89 and the Price/Book (PB) ratio is 0.4.
Can you provide the dividend sustainability for ICAD stock?
The dividend rating of ICADE (ICAD.PA) is 4 / 10 and the dividend payout ratio is -185.46%.