ICADE (ICAD.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ICAD - FR0000035081 - REIT
21.38 EUR
-0.12 (-0.56%)
We assign a fundamental rating of 3 out of 10 to ICAD. ICAD was compared to 42 industry peers in the Diversified REITs industry. ICAD may be in some trouble as it scores bad on both profitability and health. ICAD is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ICAD was profitable.
In the past year ICAD had a positive cash flow from operations.
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
With a Return On Assets value of -1.84%, ICAD is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
The Return On Equity of ICAD (-4.78%) is worse than 83.33% of its industry peers.
ICAD's Return On Invested Capital of 2.76% is on the low side compared to the rest of the industry. ICAD is outperformed by 73.81% of its industry peers.
ICAD had an Average Return On Invested Capital over the past 3 years of 2.14%. This is in line with the industry average of 3.45%.
The last Return On Invested Capital (2.76%) for ICAD is above the 3 year average (2.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.84% | ||
| ROE | -4.78% | ||
| 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
Looking at the Operating Margin, with a value of 19.60%, ICAD is doing worse than 80.95% of the companies in the same industry.
ICAD's Operating Margin has declined in the last couple of years.
The Profit Margin and Gross Margin are not available for ICAD so they could not be analyzed.
| 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.
The number of shares outstanding for ICAD remains at a similar level compared to 1 year ago.
ICAD has more shares outstanding than it did 5 years ago.
ICAD has a worse debt/assets ratio than last year.
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.
ICAD has a worse Altman-Z score (0.64) than 64.29% of its industry peers.
ICAD has a debt to FCF ratio of 45.31. This is a negative value and a sign of low solvency as ICAD would need 45.31 years to pay back of all of its debts.
ICAD's Debt to FCF ratio of 45.31 is on the low side compared to the rest of the industry. ICAD is outperformed by 78.57% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that ICAD is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.97, ICAD is doing worse than 73.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 45.31 | ||
| Altman-Z | 0.64 |
ROIC/WACC0.96
WACC2.88%
2.3 Liquidity
A Current Ratio of 1.06 indicates that ICAD should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.06, ICAD belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
ICAD has a Quick Ratio of 1.06. This is a bad value and indicates that ICAD is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ICAD (0.81) is better than 78.57% of its industry peers.
| 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.
The Revenue for ICAD has decreased by -13.82% in the past year. This is quite bad
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
The Earnings Per Share is expected to decrease by -3.40% on average over the next years.
Based on estimates for the next years, ICAD will show a decrease in Revenue. The Revenue will decrease by -2.44% on average per year.
EPS Next Y8.78%
EPS Next 2Y0.24%
EPS Next 3Y-3.4%
EPS Next 5YN/A
Revenue Next Year-6.32%
Revenue Next 2Y-3.05%
Revenue Next 3Y-2.44%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ICAD is valuated cheaply with a Price/Earnings ratio of 7.17.
90.48% of the companies in the same industry are more expensive than ICAD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.19, ICAD is valued rather cheaply.
The Price/Forward Earnings ratio is 6.73, which indicates a rather cheap valuation of ICAD.
ICAD's Price/Forward Earnings ratio is rather cheap when compared to the industry. ICAD is cheaper than 97.62% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ICAD to the average of the S&P500 Index (23.92), we can say ICAD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 6.73 |
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 95.24% of the companies listed in the same industry.
61.90% of the companies in the same industry are cheaper than ICAD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.79 | ||
| EV/EBITDA | 10.56 |
4.3 Compensation for Growth
ICAD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A cheap valuation may be justified as ICAD's earnings are expected to decrease with -3.40% in the coming years.
PEG (NY)0.82
PEG (5Y)N/A
EPS Next 2Y0.24%
EPS Next 3Y-3.4%
5. Dividend
5.1 Amount
ICAD has a Yearly Dividend Yield of 5.40%, which is a nice return.
Compared to an average industry Dividend Yield of 4.99, ICAD has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, ICAD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.4% |
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
The earnings of ICAD are negative and hence is the payout ratio. ICAD will probably not be able to sustain this dividend level.
DP-186.23%
EPS Next 2Y0.24%
EPS Next 3Y-3.4%
EPA:ICAD (1/9/2026, 7:00:00 PM)
21.38
-0.12 (-0.56%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners73.16%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap1.63B
Revenue(TTM)1.50B
Net Income(TTM)-186.70M
Analysts51.82
Price Target23.8 (11.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.4% |
Yearly Dividend4.84
Dividend Growth(5Y)1.04%
DP-186.23%
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)-1.57%
PT rev (3m)-4.21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.8%
EPS NY rev (3m)-1.65%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 6.73 | ||
| P/S | 1.09 | ||
| P/FCF | 15.79 | ||
| P/OCF | 4.97 | ||
| P/B | 0.42 | ||
| P/tB | 0.42 | ||
| EV/EBITDA | 10.56 |
EPS(TTM)2.98
EY13.94%
EPS(NY)3.18
Fwd EY14.85%
FCF(TTM)1.35
FCFY6.33%
OCF(TTM)4.3
OCFY20.13%
SpS19.67
BVpS51.19
TBVpS50.76
PEG (NY)0.82
PEG (5Y)N/A
Graham Number58.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.84% | ||
| ROE | -4.78% | ||
| ROCE | 3.87% | ||
| ROIC | 2.76% | ||
| ROICexc | 3.38% | ||
| ROICexgc | 3.4% | ||
| OM | 19.6% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 6.88% |
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 | 45.31 | ||
| Debt/EBITDA | 9.41 | ||
| Cap/Depr | 210.38% | ||
| Cap/Sales | 15% | ||
| Interest Coverage | 4.11 | ||
| Cash Conversion | 81.88% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 0.64 |
F-Score5
WACC2.88%
ROIC/WACC0.96
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 Y8.78%
EPS Next 2Y0.24%
EPS Next 3Y-3.4%
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-6.32%
Revenue Next 2Y-3.05%
Revenue Next 3Y-2.44%
Revenue Next 5YN/A
EBIT growth 1Y74.88%
EBIT growth 3Y-29.53%
EBIT growth 5Y-3.23%
EBIT Next Year51.05%
EBIT Next 3Y13.12%
EBIT Next 5Y8.67%
FCF growth 1Y240.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-17.65%
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 of ICADE (ICAD.PA) stock?
ChartMill assigns a valuation rating of 6 / 10 to ICADE (ICAD.PA). This can be considered as Fairly Valued.
How profitable is ICADE (ICAD.PA) stock?
ICADE (ICAD.PA) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for ICAD stock?
The Price/Earnings (PE) ratio for ICADE (ICAD.PA) is 7.17 and the Price/Book (PB) ratio is 0.42.
What is the earnings growth outlook for ICADE?
The Earnings per Share (EPS) of ICADE (ICAD.PA) is expected to grow by 8.78% in the next year.