KLEPIERRE (LI.PA) Stock Fundamental Analysis
EPA:LI - Euronext Paris - Matif - FR0000121964 - REIT - Currency: EUR
Overall LI gets a fundamental rating of 4 out of 10. We evaluated LI against 41 industry peers in the Diversified REITs industry. While LI is still in line with the averages on profitability rating, there are concerns on its financial health. LI has a valuation in line with the averages, but it does not seem to be growing.
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.
Each year in the past 5 years LI had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.20%, LI is doing good in the industry, outperforming 69.77% of the companies in the same industry.
LI has a Return On Equity of 8.42%. This is in the better half of the industry: LI outperforms 72.09% of its industry peers.
LI has a Return On Invested Capital (3.68%) which is in line with its industry peers.
LI had an Average Return On Invested Capital over the past 3 years of 3.44%. This is in line with the industry average of 4.05%.
The 3 year average ROIC (3.44%) for LI is below the current ROIC(3.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.2% | ||
| ROE | 8.42% | ||
| ROIC | 3.68% |
ROA(3y)1.83%
ROA(5y)0.67%
ROE(3y)4.62%
ROE(5y)1.51%
ROIC(3y)3.44%
ROIC(5y)3.28%
1.3 Margins
LI has a Profit Margin of 46.75%. This is in the better half of the industry: LI outperforms 69.77% of its industry peers.
LI's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 66.41%, LI perfoms like the industry average, outperforming 41.86% of the companies in the same industry.
In the last couple of years the Operating Margin of LI has remained more or less at the same level.
LI's Gross Margin of 72.65% is in line compared to the rest of the industry. LI outperforms 46.51% of its industry peers.
LI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 66.41% | ||
| PM (TTM) | 46.75% | ||
| GM | 72.65% |
OM growth 3Y3.66%
OM growth 5Y0.13%
PM growth 3YN/A
PM growth 5Y-24.35%
GM growth 3Y3.91%
GM growth 5Y-0.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LI is destroying value.
Compared to 1 year ago, LI has about the same amount of shares outstanding.
The number of shares outstanding for LI has been reduced compared to 5 years ago.
LI has a better debt/assets ratio than last year.
2.2 Solvency
LI has an Altman-Z score of 0.82. This is a bad value and indicates that LI is not financially healthy and even has some risk of bankruptcy.
LI has a Altman-Z score (0.82) which is comparable to the rest of the industry.
The Debt to FCF ratio of LI is 10.82, which is on the high side as it means it would take LI, 10.82 years of fcf income to pay off all of its debts.
LI's Debt to FCF ratio of 10.82 is fine compared to the rest of the industry. LI outperforms 67.44% of its industry peers.
LI has a Debt/Equity ratio of 0.99. This is a neutral value indicating LI is somewhat dependend on debt financing.
LI has a worse Debt to Equity ratio (0.99) than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 10.82 | ||
| Altman-Z | 0.82 |
ROIC/WACC0.76
WACC4.83%
2.3 Liquidity
A Current Ratio of 0.52 indicates that LI may have some problems paying its short term obligations.
LI has a Current ratio (0.52) which is comparable to the rest of the industry.
A Quick Ratio of 0.52 indicates that LI may have some problems paying its short term obligations.
LI has a Quick ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
LI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.40%.
The Earnings Per Share has been growing slightly by 3.15% on average over the past years.
The Revenue has been growing slightly by 1.10% in the past year.
LI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.50% yearly.
EPS 1Y (TTM)-2.4%
EPS 3Y6.15%
EPS 5Y3.15%
EPS Q2Q%937.83%
Revenue 1Y (TTM)1.1%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%29%
3.2 Future
LI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.92% yearly.
LI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.28% yearly.
EPS Next Y7.07%
EPS Next 2Y5.2%
EPS Next 3Y4.38%
EPS Next 5Y3.92%
Revenue Next Year5.77%
Revenue Next 2Y4.51%
Revenue Next 3Y3.76%
Revenue Next 5Y4.28%
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
Based on the Price/Earnings ratio of 12.30, the valuation of LI can be described as correct.
LI's Price/Earnings ratio is a bit cheaper when compared to the industry. LI is cheaper than 69.77% of the companies in the same industry.
LI is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.11, which indicates a very decent valuation of LI.
The rest of the industry has a similar Price/Forward Earnings ratio as LI.
When comparing the Price/Forward Earnings ratio of LI to the average of the S&P500 Index (22.10), we can say LI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 11.11 |
4.2 Price Multiples
60.47% of the companies in the same industry are more expensive than LI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.87 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
LI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of LI may justify a higher PE ratio.
PEG (NY)1.74
PEG (5Y)3.91
EPS Next 2Y5.2%
EPS Next 3Y4.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.86%, LI is a good candidate for dividend investing.
LI's Dividend Yield is comparable with the industry average which is at 8.71.
LI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.86% |
5.2 History
The dividend of LI decreases each year by -13.14%.
Dividend Growth(5Y)-13.14%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
39.47% of the earnings are spent on dividend by LI. This is a low number and sustainable payout ratio.
DP39.47%
EPS Next 2Y5.2%
EPS Next 3Y4.38%
EPA:LI (3/7/2025, 7:00:00 PM)
30
+0.58 (+1.97%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners43.89%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap8.61B
Analysts70.37
Price Target31.57 (5.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.86% |
Yearly Dividend0.91
Dividend Growth(5Y)-13.14%
DP39.47%
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)3.85%
PT rev (3m)4.22%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.3 | ||
| Fwd PE | 11.11 | ||
| P/S | 5.94 | ||
| P/FCF | 10.87 | ||
| P/OCF | 8.89 | ||
| P/B | 1.07 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.44
EY8.13%
EPS(NY)2.7
Fwd EY9%
FCF(TTM)2.76
FCFY9.2%
OCF(TTM)3.37
OCFY11.25%
SpS5.05
BVpS28.04
TBVpS26.33
PEG (NY)1.74
PEG (5Y)3.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.2% | ||
| ROE | 8.42% | ||
| ROCE | 5.22% | ||
| ROIC | 3.68% | ||
| ROICexc | 3.87% | ||
| ROICexgc | 3.98% | ||
| OM | 66.41% | ||
| PM (TTM) | 46.75% | ||
| GM | 72.65% | ||
| FCFM | 54.64% |
ROA(3y)1.83%
ROA(5y)0.67%
ROE(3y)4.62%
ROE(5y)1.51%
ROIC(3y)3.44%
ROIC(5y)3.28%
ROICexc(3y)3.54%
ROICexc(5y)3.4%
ROICexgc(3y)3.64%
ROICexgc(5y)3.49%
ROCE(3y)4.91%
ROCE(5y)4.69%
ROICexcg growth 3Y9.98%
ROICexcg growth 5Y3.23%
ROICexc growth 3Y10.1%
ROICexc growth 5Y3.25%
OM growth 3Y3.66%
OM growth 5Y0.13%
PM growth 3YN/A
PM growth 5Y-24.35%
GM growth 3Y3.91%
GM growth 5Y-0.08%
F-Score7
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.99 | ||
| Debt/FCF | 10.82 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 12.17% | ||
| Interest Coverage | 5.83 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 116.88% | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z | 0.82 |
F-Score7
WACC4.83%
ROIC/WACC0.76
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)13.54%
Cap/Sales(5y)14.82%
Profit Quality(3y)227.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.4%
EPS 3Y6.15%
EPS 5Y3.15%
EPS Q2Q%937.83%
EPS Next Y7.07%
EPS Next 2Y5.2%
EPS Next 3Y4.38%
EPS Next 5Y3.92%
Revenue 1Y (TTM)1.1%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%29%
Revenue Next Year5.77%
Revenue Next 2Y4.51%
Revenue Next 3Y3.76%
Revenue Next 5Y4.28%
EBIT growth 1Y1.91%
EBIT growth 3Y6.64%
EBIT growth 5Y-1.37%
EBIT Next Year19.74%
EBIT Next 3Y8.09%
EBIT Next 5Y8.28%
FCF growth 1Y-4.21%
FCF growth 3Y7.72%
FCF growth 5Y1.32%
OCF growth 1Y-2.76%
OCF growth 3Y5.51%
OCF growth 5Y-1.76%