FONCIERE INEA (INEA.PA) Stock Fundamental Analysis
Europe - EPA:INEA - FR0010341032 - REIT
32.3 EUR
0 (0%)
Taking everything into account, INEA scores 4 out of 10 in our fundamental rating. INEA was compared to 39 industry peers in the Diversified REITs industry. There are concerns on the financial health of INEA while its profitability can be described as average. INEA is quite expensive at the moment. It does show a decent growth rate. INEA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
INEA had positive earnings in the past year.
INEA had a positive operating cash flow in the past year.
INEA had positive earnings in 4 of the past 5 years.
Each year in the past 5 years INEA had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.42%, INEA is doing worse than 69.23% of the companies in the same industry.
With a Return On Equity value of 0.95%, INEA is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.18%, INEA is in line with its industry, outperforming 46.15% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for INEA is in line with the industry average of 3.49%.
The 3 year average ROIC (2.81%) for INEA is below the current ROIC(3.18%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 0.95% | ||
| ROIC | 3.18% |
ROA(3y)2.33%
ROA(5y)3.54%
ROE(3y)4.2%
ROE(5y)6.76%
ROIC(3y)2.81%
ROIC(5y)2.84%
1.3 Margins
Looking at the Profit Margin, with a value of 6.19%, INEA is doing worse than 66.67% of the companies in the same industry.
The Operating Margin of INEA (60.63%) is worse than 64.10% of its industry peers.
In the last couple of years the Operating Margin of INEA has grown nicely.
INEA has a Gross Margin of 71.10%. This is comparable to the rest of the industry: INEA outperforms 41.03% of its industry peers.
In the last couple of years the Gross Margin of INEA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 60.63% | ||
| PM (TTM) | 6.19% | ||
| GM | 71.1% |
OM growth 3Y0.58%
OM growth 5Y1.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.57%
GM growth 5Y0.31%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so INEA is destroying value.
Compared to 1 year ago, INEA has about the same amount of shares outstanding.
Compared to 5 years ago, INEA has more shares outstanding
The debt/assets ratio for INEA is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that INEA is in the distress zone and has some risk of bankruptcy.
INEA's Altman-Z score of 0.85 is in line compared to the rest of the industry. INEA outperforms 51.28% of its industry peers.
INEA has a debt to FCF ratio of 11.16. This is a negative value and a sign of low solvency as INEA would need 11.16 years to pay back of all of its debts.
INEA has a better Debt to FCF ratio (11.16) than 61.54% of its industry peers.
INEA has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.16, INEA is doing worse than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 11.16 | ||
| Altman-Z | 0.85 |
ROIC/WACC0.59
WACC5.41%
2.3 Liquidity
INEA has a Current Ratio of 0.90. This is a bad value and indicates that INEA is not financially healthy enough and could expect problems in meeting its short term obligations.
INEA's Current ratio of 0.90 is fine compared to the rest of the industry. INEA outperforms 74.36% of its industry peers.
INEA has a Quick Ratio of 0.90. This is a bad value and indicates that INEA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.90, INEA is doing good in the industry, outperforming 79.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
INEA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 245.05%, which is quite impressive.
The Revenue has grown by 10.82% in the past year. This is quite good.
INEA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.20% yearly.
EPS 1Y (TTM)245.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%137.82%
Revenue 1Y (TTM)10.82%
Revenue growth 3Y14.54%
Revenue growth 5Y12.2%
Sales Q2Q%7.76%
3.2 Future
Based on estimates for the next years, INEA will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.15% on average per year.
Based on estimates for the next years, INEA will show a small growth in Revenue. The Revenue will grow by 3.54% on average per year.
EPS Next Y4.28%
EPS Next 2Y8.98%
EPS Next 3Y10.15%
EPS Next 5YN/A
Revenue Next Year-2.39%
Revenue Next 2Y2.04%
Revenue Next 3Y3.53%
Revenue Next 5Y3.54%
3.3 Evolution
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
INEA is valuated quite expensively with a Price/Earnings ratio of 70.22.
INEA's Price/Earnings ratio is a bit more expensive when compared to the industry. INEA is more expensive than 71.79% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.55, INEA is valued quite expensively.
A Price/Forward Earnings ratio of 11.03 indicates a reasonable valuation of INEA.
INEA's Price/Forward Earnings is on the same level as the industry average.
INEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.22 | ||
| Fwd PE | 11.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INEA is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
INEA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. INEA is cheaper than 92.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.12 | ||
| EV/EBITDA | 19.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)16.42
PEG (5Y)N/A
EPS Next 2Y8.98%
EPS Next 3Y10.15%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.63%, INEA is a good candidate for dividend investing.
INEA's Dividend Yield is rather good when compared to the industry average which is at 5.56. INEA pays more dividend than 94.87% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, INEA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
5.2 History
The dividend of INEA has a limited annual growth rate of 1.13%.
Dividend Growth(5Y)1.13%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
583.11% of the earnings are spent on dividend by INEA. This is not a sustainable payout ratio.
INEA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP583.11%
EPS Next 2Y8.98%
EPS Next 3Y10.15%
EPA:INEA (10/15/2025, 7:00:00 PM)
32.3
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.03%
Inst Owner ChangeN/A
Ins Owners9.97%
Ins Owner ChangeN/A
Market Cap350.13M
Analysts80
Price Target39.27 (21.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.63% |
Yearly Dividend2.7
Dividend Growth(5Y)1.13%
DP583.11%
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)2.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.36%
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)-10.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.22 | ||
| Fwd PE | 11.03 | ||
| P/S | 4.32 | ||
| P/FCF | 6.12 | ||
| P/OCF | 6.11 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 19.89 |
EPS(TTM)0.46
EY1.42%
EPS(NY)2.93
Fwd EY9.06%
FCF(TTM)5.28
FCFY16.35%
OCF(TTM)5.28
OCFY16.35%
SpS7.47
BVpS48.42
TBVpS48.42
PEG (NY)16.42
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 0.95% | ||
| ROCE | 4.32% | ||
| ROIC | 3.18% | ||
| ROICexc | 3.19% | ||
| ROICexgc | 3.19% | ||
| OM | 60.63% | ||
| PM (TTM) | 6.19% | ||
| GM | 71.1% | ||
| FCFM | 70.7% |
ROA(3y)2.33%
ROA(5y)3.54%
ROE(3y)4.2%
ROE(5y)6.76%
ROIC(3y)2.81%
ROIC(5y)2.84%
ROICexc(3y)2.82%
ROICexc(5y)2.86%
ROICexgc(3y)2.82%
ROICexgc(5y)2.86%
ROCE(3y)3.83%
ROCE(5y)3.87%
ROICexcg growth 3Y2.87%
ROICexcg growth 5Y3.12%
ROICexc growth 3Y2.9%
ROICexc growth 5Y3.15%
OM growth 3Y0.58%
OM growth 5Y1.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.57%
GM growth 5Y0.31%
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | 11.16 | ||
| Debt/EBITDA | 12.34 | ||
| Cap/Depr | 4.76% | ||
| Cap/Sales | 0.03% | ||
| Interest Coverage | 1.63 | ||
| Cash Conversion | 115.56% | ||
| Profit Quality | 1142.52% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 0.85 |
F-Score6
WACC5.41%
ROIC/WACC0.59
Cap/Depr(3y)8.98%
Cap/Depr(5y)76.3%
Cap/Sales(3y)0.04%
Cap/Sales(5y)0.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)245.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%137.82%
EPS Next Y4.28%
EPS Next 2Y8.98%
EPS Next 3Y10.15%
EPS Next 5YN/A
Revenue 1Y (TTM)10.82%
Revenue growth 3Y14.54%
Revenue growth 5Y12.2%
Sales Q2Q%7.76%
Revenue Next Year-2.39%
Revenue Next 2Y2.04%
Revenue Next 3Y3.53%
Revenue Next 5Y3.54%
EBIT growth 1Y7.14%
EBIT growth 3Y15.21%
EBIT growth 5Y14.21%
EBIT Next Year100.82%
EBIT Next 3Y26.19%
EBIT Next 5Y19.02%
FCF growth 1Y109.72%
FCF growth 3Y32.5%
FCF growth 5Y32.16%
OCF growth 1Y109.43%
OCF growth 3Y31.59%
OCF growth 5Y32.17%