KLEPIERRE (LI.PA) Stock Fundamental Analysis
EPA:LI - Euronext Paris - Matif - FR0000121964 - REIT - Currency: EUR
LI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Diversified REITs industry. LI has a medium profitability rating, but doesn't score so well on its financial health evaluation. LI has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
LI had positive earnings in the past year.
In the past year LI had a positive cash flow from operations.
Of the past 5 years LI 4 years were profitable.
LI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 5.23%, LI belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
LI's Return On Equity of 12.77% is amongst the best of the industry. LI outperforms 97.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.75%, LI is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
LI had an Average Return On Invested Capital over the past 3 years of 3.75%. This is in line with the industry average of 3.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 12.77% | ||
| ROIC | 3.75% |
ROA(3y)2.74%
ROA(5y)1.46%
ROE(3y)6.71%
ROE(5y)3.4%
ROIC(3y)3.75%
ROIC(5y)3.38%
1.3 Margins
LI's Profit Margin of 72.99% is fine compared to the rest of the industry. LI outperforms 80.00% of its industry peers.
In the last couple of years the Profit Margin of LI has grown nicely.
The Operating Margin of LI (66.05%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of LI has remained more or less at the same level.
The Gross Margin of LI (71.97%) is worse than 60.00% of its industry peers.
In the last couple of years the Gross Margin of LI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.05% | ||
| PM (TTM) | 72.99% | ||
| GM | 71.97% |
OM growth 3Y1.54%
OM growth 5Y-0.57%
PM growth 3Y18.77%
PM growth 5Y27.89%
GM growth 3Y0.77%
GM growth 5Y-0.62%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so LI is destroying value.
LI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, LI has less shares outstanding
LI has a better debt/assets ratio than last year.
2.2 Solvency
LI has an Altman-Z score of 0.95. This is a bad value and indicates that LI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.95, LI is in line with its industry, outperforming 55.00% of the companies in the same industry.
The Debt to FCF ratio of LI is 10.30, which is on the high side as it means it would take LI, 10.30 years of fcf income to pay off all of its debts.
LI's Debt to FCF ratio of 10.30 is fine compared to the rest of the industry. LI outperforms 67.50% of its industry peers.
LI has a Debt/Equity ratio of 0.89. This is a neutral value indicating LI is somewhat dependend on debt financing.
LI has a worse Debt to Equity ratio (0.89) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.3 | ||
| Altman-Z | 0.95 |
ROIC/WACC0.75
WACC5.03%
2.3 Liquidity
A Current Ratio of 0.44 indicates that LI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.44, LI is in line with its industry, outperforming 52.50% of the companies in the same industry.
LI has a Quick Ratio of 0.44. This is a bad value and indicates that LI is not financially healthy enough and could expect problems in meeting its short term obligations.
LI has a Quick ratio (0.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. Growth
3.1 Past
The earnings per share for LI have decreased by -2.40% in the last year.
LI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.15% yearly.
The Revenue has been growing slightly by 5.88% in the past year.
Measured over the past years, LI shows a decrease in Revenue. The Revenue has been decreasing by -1.50% on average per year.
EPS 1Y (TTM)-2.4%
EPS 3Y6.15%
EPS 5Y3.15%
EPS Q2Q%9.76%
Revenue 1Y (TTM)5.88%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%3.98%
3.2 Future
LI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.12% yearly.
LI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.84% yearly.
EPS Next Y7.07%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPS Next 5Y4.12%
Revenue Next Year5.77%
Revenue Next 2Y4.47%
Revenue Next 3Y3.68%
Revenue Next 5Y3.84%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.64, LI is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as LI.
When comparing the Price/Earnings ratio of LI to the average of the S&P500 Index (27.45), we can say LI is valued rather cheaply.
LI is valuated correctly with a Price/Forward Earnings ratio of 12.26.
LI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of LI to the average of the S&P500 Index (21.90), we can say LI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 12.26 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as LI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.32 | ||
| EV/EBITDA | N/A |
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 LI may justify a higher PE ratio.
PEG (NY)1.93
PEG (5Y)4.34
EPS Next 2Y5.47%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
LI has a Yearly Dividend Yield of 5.53%, which is a nice return.
Compared to an average industry Dividend Yield of 5.52, LI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, LI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.53% |
5.2 History
The dividend of LI decreases each year by -2.89%.
Dividend Growth(5Y)-2.89%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
LI pays out 44.21% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP44.21%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPA:LI (7/4/2025, 7:00:00 PM)
33.28
-0.16 (-0.48%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.64%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap9.55B
Analysts71.2
Price Target32.58 (-2.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.53% |
Yearly Dividend1.7
Dividend Growth(5Y)-2.89%
DP44.21%
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)1.09%
PT rev (3m)3.18%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.64 | ||
| Fwd PE | 12.26 | ||
| P/S | 6.35 | ||
| P/FCF | 12.32 | ||
| P/OCF | 9.89 | ||
| P/B | 1.11 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.44
EY7.33%
EPS(NY)2.71
Fwd EY8.16%
FCF(TTM)2.7
FCFY8.11%
OCF(TTM)3.36
OCFY10.11%
SpS5.24
BVpS29.97
TBVpS28.26
PEG (NY)1.93
PEG (5Y)4.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 12.77% | ||
| ROCE | 5.26% | ||
| ROIC | 3.75% | ||
| ROICexc | 3.83% | ||
| ROICexgc | 3.92% | ||
| OM | 66.05% | ||
| PM (TTM) | 72.99% | ||
| GM | 71.97% | ||
| FCFM | 51.52% |
ROA(3y)2.74%
ROA(5y)1.46%
ROE(3y)6.71%
ROE(5y)3.4%
ROIC(3y)3.75%
ROIC(5y)3.38%
ROICexc(3y)3.82%
ROICexc(5y)3.49%
ROICexgc(3y)3.92%
ROICexgc(5y)3.58%
ROCE(3y)5.28%
ROCE(5y)4.78%
ROICexcg growth 3Y7.51%
ROICexcg growth 5Y1.71%
ROICexc growth 3Y7.55%
ROICexc growth 5Y1.78%
OM growth 3Y1.54%
OM growth 5Y-0.57%
PM growth 3Y18.77%
PM growth 5Y27.89%
GM growth 3Y0.77%
GM growth 5Y-0.62%
F-Score6
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.3 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 12.66% | ||
| Interest Coverage | 6.03 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 70.59% | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 | ||
| Altman-Z | 0.95 |
F-Score6
WACC5.03%
ROIC/WACC0.75
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)13.28%
Cap/Sales(5y)13.84%
Profit Quality(3y)208.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.4%
EPS 3Y6.15%
EPS 5Y3.15%
EPS Q2Q%9.76%
EPS Next Y7.07%
EPS Next 2Y5.47%
EPS Next 3Y4.61%
EPS Next 5Y4.12%
Revenue 1Y (TTM)5.88%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%3.98%
Revenue Next Year5.77%
Revenue Next 2Y4.47%
Revenue Next 3Y3.68%
Revenue Next 5Y3.84%
EBIT growth 1Y5.31%
EBIT growth 3Y7.98%
EBIT growth 5Y-0.82%
EBIT Next Year-4.14%
EBIT Next 3Y0.71%
EBIT Next 5YN/A
FCF growth 1Y5.54%
FCF growth 3Y3.56%
FCF growth 5Y-0.01%
OCF growth 1Y3.34%
OCF growth 3Y3.68%
OCF growth 5Y-1.53%