KLEPIERRE (LI.PA) Stock Fundamental Analysis
Europe - EPA:LI - FR0000121964 - REIT
33.41 EUR
-0.19 (-0.57%)
We assign a fundamental rating of 4 out of 10 to LI. LI was compared to 40 industry peers in the Diversified REITs industry. While LI belongs to the best of the industry regarding profitability, there are concerns on its financial health. LI is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year LI was profitable.
LI had a positive operating cash flow in the past year.
LI had positive earnings in 4 of the past 5 years.
LI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of LI (5.23%) is better than 92.50% of its industry peers.
Looking at the Return On Equity, with a value of 12.77%, LI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Invested Capital of LI (3.75%) is better than 62.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for LI is in line with the industry average of 3.43%.
| 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 has a better Profit Margin (72.99%) than 82.50% of its industry peers.
In the last couple of years the Profit Margin of LI has grown nicely.
LI's Operating Margin of 66.05% is in line compared to the rest of the industry. LI outperforms 45.00% of its industry peers.
In the last couple of years the Operating Margin of LI has remained more or less at the same level.
LI has a Gross Margin (71.97%) which is comparable to the rest of the industry.
LI's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LI is destroying value.
LI has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for LI has been reduced compared to 5 years ago.
Compared to 1 year ago, LI has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.95, we must say that LI is in the distress zone and has some risk of bankruptcy.
LI has a Altman-Z score (0.95) which is in line with its industry peers.
LI has a debt to FCF ratio of 10.30. This is a negative value and a sign of low solvency as LI would need 10.30 years to pay back of all of its debts.
LI has a Debt to FCF ratio of 10.30. This is in the better half of the industry: LI outperforms 70.00% 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.
The Debt to Equity ratio of LI (0.89) is worse than 72.50% 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.
LI has a Current ratio of 0.44. This is comparable to the rest of the industry: LI outperforms 45.00% of its industry peers.
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
LI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.40%.
LI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.15% yearly.
LI shows a decrease in Revenue. In the last year, the revenue decreased by -0.59%.
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%N/A
Revenue 1Y (TTM)-0.59%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%-25.07%
3.2 Future
LI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.23% yearly.
The Revenue is expected to grow by 4.32% on average over the next years.
EPS Next Y7.07%
EPS Next 2Y6.12%
EPS Next 3Y4.96%
EPS Next 5Y4.23%
Revenue Next Year5.77%
Revenue Next 2Y6.26%
Revenue Next 3Y5.1%
Revenue Next 5Y4.32%
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 12.47, LI is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of LI indicates a somewhat cheap valuation: LI is cheaper than 67.50% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, LI is valued rather cheaply.
LI is valuated correctly with a Price/Forward Earnings ratio of 12.16.
LI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. LI is more expensive than 60.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, LI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 12.16 |
4.2 Price Multiples
LI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.37 | ||
| 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)1.76
PEG (5Y)3.96
EPS Next 2Y6.12%
EPS Next 3Y4.96%
5. Dividend
5.1 Amount
LI has a Yearly Dividend Yield of 5.55%, which is a nice return.
Compared to an average industry Dividend Yield of 5.57, 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 | 5.55% |
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 2Y6.12%
EPS Next 3Y4.96%
EPA:LI (9/15/2025, 5:23:58 PM)
33.41
-0.19 (-0.57%)
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 Cap9.58B
Analysts70.77
Price Target34.01 (1.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
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)1.36%
PT rev (3m)6.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.24%
EPS NY rev (3m)1.24%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)3.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 12.16 | ||
| P/S | 6.37 | ||
| P/FCF | 12.37 | ||
| P/OCF | 9.93 | ||
| P/B | 1.11 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.68
EY8.02%
EPS(NY)2.75
Fwd EY8.22%
FCF(TTM)2.7
FCFY8.08%
OCF(TTM)3.36
OCFY10.07%
SpS5.24
BVpS29.97
TBVpS28.26
PEG (NY)1.76
PEG (5Y)3.96
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%N/A
EPS Next Y7.07%
EPS Next 2Y6.12%
EPS Next 3Y4.96%
EPS Next 5Y4.23%
Revenue 1Y (TTM)-0.59%
Revenue growth 3Y2.88%
Revenue growth 5Y-1.5%
Sales Q2Q%-25.07%
Revenue Next Year5.77%
Revenue Next 2Y6.26%
Revenue Next 3Y5.1%
Revenue Next 5Y4.32%
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%