MONTEA NV (MONT.BR) Stock Fundamental Analysis
EBR:MONT - Euronext Brussels - BE0003853703 - REIT - Currency: EUR
Taking everything into account, MONT scores 5 out of 10 in our fundamental rating. MONT was compared to 42 industry peers in the Diversified REITs industry. While MONT has a great profitability rating, there are some minor concerns on its financial health. MONT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MONT was profitable.
In the past year MONT had a positive cash flow from operations.
MONT had positive earnings in each of the past 5 years.
MONT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MONT has a Return On Assets of 6.32%. This is amongst the best in the industry. MONT outperforms 97.50% of its industry peers.
Looking at the Return On Equity, with a value of 10.25%, MONT belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
MONT's Return On Invested Capital of 3.19% is in line compared to the rest of the industry. MONT outperforms 45.00% of its industry peers.
MONT had an Average Return On Invested Capital over the past 3 years of 3.32%. This is in line with the industry average of 3.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.32% | ||
| ROE | 10.25% | ||
| ROIC | 3.19% |
ROA(3y)8.88%
ROA(5y)9.36%
ROE(3y)15.33%
ROE(5y)16.19%
ROIC(3y)3.32%
ROIC(5y)3.63%
1.3 Margins
With an excellent Profit Margin value of 148.25%, MONT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
MONT's Profit Margin has declined in the last couple of years.
MONT has a Operating Margin of 95.97%. This is amongst the best in the industry. MONT outperforms 92.50% of its industry peers.
MONT's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 106.10%, MONT belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of MONT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 95.97% | ||
| PM (TTM) | 148.25% | ||
| GM | 106.1% |
OM growth 3Y-0.27%
OM growth 5Y0.87%
PM growth 3Y-20.68%
PM growth 5Y-3%
GM growth 3Y-0.22%
GM growth 5Y0.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MONT is destroying value.
MONT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MONT has more shares outstanding
Compared to 1 year ago, MONT has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.47, we must say that MONT is in the distress zone and has some risk of bankruptcy.
MONT has a better Altman-Z score (1.47) than 90.00% of its industry peers.
MONT has a debt to FCF ratio of 8.51. This is a slightly negative value and a sign of low solvency as MONT would need 8.51 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.51, MONT belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
A Debt/Equity ratio of 0.56 indicates that MONT is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.56, MONT is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 8.51 | ||
| Altman-Z | 1.47 |
ROIC/WACC0.63
WACC5.07%
2.3 Liquidity
MONT has a Current Ratio of 0.59. This is a bad value and indicates that MONT is not financially healthy enough and could expect problems in meeting its short term obligations.
MONT has a Current ratio (0.59) which is comparable to the rest of the industry.
A Quick Ratio of 0.59 indicates that MONT may have some problems paying its short term obligations.
The Quick ratio of MONT (0.59) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 87.92% over the past year.
Measured over the past 5 years, MONT shows a small growth in Earnings Per Share. The EPS has been growing by 4.36% on average per year.
Looking at the last year, MONT shows a quite strong growth in Revenue. The Revenue has grown by 9.30% in the last year.
The Revenue has been growing by 16.41% on average over the past years. This is quite good.
EPS 1Y (TTM)87.92%
EPS 3Y-13.15%
EPS 5Y4.36%
EPS Q2Q%65.15%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y15.28%
Revenue growth 5Y16.41%
Sales Q2Q%5.62%
3.2 Future
MONT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.03% yearly.
The Revenue is expected to grow by 10.15% on average over the next years. This is quite good.
EPS Next Y-1.92%
EPS Next 2Y2.34%
EPS Next 3Y3.07%
EPS Next 5Y3.03%
Revenue Next Year11.24%
Revenue Next 2Y16.35%
Revenue Next 3Y15.5%
Revenue Next 5Y10.15%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.05 indicates a reasonable valuation of MONT.
Based on the Price/Earnings ratio, MONT is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
MONT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.47.
Based on the Price/Forward Earnings ratio of 13.03, the valuation of MONT can be described as correct.
62.50% of the companies in the same industry are cheaper than MONT, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MONT to the average of the S&P500 Index (92.74), we can say MONT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 13.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MONT is valued a bit more expensive than 75.00% of the companies in the same industry.
62.50% of the companies in the same industry are cheaper than MONT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.2 | ||
| EV/EBITDA | 22.93 |
4.3 Compensation for Growth
The decent profitability rating of MONT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.85
EPS Next 2Y2.34%
EPS Next 3Y3.07%
5. Dividend
5.1 Amount
MONT has a Yearly Dividend Yield of 3.89%.
MONT's Dividend Yield is slightly below the industry average, which is at 7.06.
Compared to an average S&P500 Dividend Yield of 2.28, MONT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
5.2 History
The dividend of MONT is nicely growing with an annual growth rate of 10.49%!
Dividend Growth(5Y)10.49%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
46.51% of the earnings are spent on dividend by MONT. This is a bit on the high side, but may be sustainable.
MONT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP46.51%
EPS Next 2Y2.34%
EPS Next 3Y3.07%
MONTEA NV
EBR:MONT (2/5/2025, 5:35:30 PM)
66.2
+0.6 (+0.91%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners36.15%
Inst Owner ChangeN/A
Ins Owners1.35%
Ins Owner ChangeN/A
Market Cap1.53B
Analysts76.25
Price Target80.83 (22.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend3.07
Dividend Growth(5Y)10.49%
DP46.51%
Div Incr Years6
Div Non Decr Years6
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)-5.97%
PT rev (3m)-12.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.77%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 13.03 | ||
| P/S | 13.98 | ||
| P/FCF | 14.2 | ||
| P/OCF | 14.11 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 22.93 |
EPS(TTM)8.22
EY12.42%
EPS(NY)5.08
Fwd EY7.68%
FCF(TTM)4.66
FCFY7.04%
OCF(TTM)4.69
OCFY7.09%
SpS4.74
BVpS68.5
TBVpS68.47
PEG (NY)N/A
PEG (5Y)1.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.32% | ||
| ROE | 10.25% | ||
| ROCE | 4.25% | ||
| ROIC | 3.19% | ||
| ROICexc | 3.21% | ||
| ROICexgc | 3.21% | ||
| OM | 95.97% | ||
| PM (TTM) | 148.25% | ||
| GM | 106.1% | ||
| FCFM | 98.43% |
ROA(3y)8.88%
ROA(5y)9.36%
ROE(3y)15.33%
ROE(5y)16.19%
ROIC(3y)3.32%
ROIC(5y)3.63%
ROICexc(3y)3.41%
ROICexc(5y)3.69%
ROICexgc(3y)3.41%
ROICexgc(5y)3.69%
ROCE(3y)4.43%
ROCE(5y)4.84%
ROICexcg growth 3Y-4.61%
ROICexcg growth 5Y-3.26%
ROICexc growth 3Y-4.6%
ROICexc growth 5Y-3.25%
OM growth 3Y-0.27%
OM growth 5Y0.87%
PM growth 3Y-20.68%
PM growth 5Y-3%
GM growth 3Y-0.22%
GM growth 5Y0.06%
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 8.51 | ||
| Debt/EBITDA | 8.35 | ||
| Cap/Depr | 197.44% | ||
| Cap/Sales | 0.63% | ||
| Interest Coverage | 8.87 | ||
| Cash Conversion | 102.88% | ||
| Profit Quality | 66.4% | ||
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.47 |
F-Score5
WACC5.07%
ROIC/WACC0.63
Cap/Depr(3y)334.8%
Cap/Depr(5y)254.85%
Cap/Sales(3y)1.48%
Cap/Sales(5y)1.1%
Profit Quality(3y)55.42%
Profit Quality(5y)54.04%
High Growth Momentum
Growth
EPS 1Y (TTM)87.92%
EPS 3Y-13.15%
EPS 5Y4.36%
EPS Q2Q%65.15%
EPS Next Y-1.92%
EPS Next 2Y2.34%
EPS Next 3Y3.07%
EPS Next 5Y3.03%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y15.28%
Revenue growth 5Y16.41%
Sales Q2Q%5.62%
Revenue Next Year11.24%
Revenue Next 2Y16.35%
Revenue Next 3Y15.5%
Revenue Next 5Y10.15%
EBIT growth 1Y6.65%
EBIT growth 3Y14.97%
EBIT growth 5Y17.42%
EBIT Next Year15.81%
EBIT Next 3Y16.75%
EBIT Next 5Y15.37%
FCF growth 1Y54.22%
FCF growth 3Y17.4%
FCF growth 5Y14.73%
OCF growth 1Y49.86%
OCF growth 3Y17.37%
OCF growth 5Y14.67%