MONTEA NV (MONT.BR) Stock Fundamental Analysis
EBR:MONT - Euronext Brussels - BE0003853703 - REIT - Currency: EUR
We assign a fundamental rating of 6 out of 10 to MONT. MONT was compared to 41 industry peers in the Diversified REITs industry. MONT has an excellent profitability rating, but there are some minor concerns on its financial health. MONT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MONT was profitable.
MONT had a positive operating cash flow in the past year.
Each year in the past 5 years MONT has been profitable.
Each year in the past 5 years MONT had a positive operating cash flow.
1.2 Ratios
MONT's Return On Assets of 6.32% is amongst the best of the industry. MONT outperforms 93.02% of its industry peers.
MONT's Return On Equity of 10.25% is amongst the best of the industry. MONT outperforms 83.72% of its industry peers.
MONT has a Return On Invested Capital of 3.19%. This is comparable to the rest of the industry: MONT outperforms 46.51% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MONT is in line with the industry average of 4.05%.
| 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
MONT has a better Profit Margin (148.25%) than 100.00% of its industry peers.
MONT's Profit Margin has declined in the last couple of years.
MONT's Operating Margin of 95.97% is amongst the best of the industry. MONT outperforms 93.02% of its industry peers.
MONT's Operating Margin has been stable in the last couple of years.
The Gross Margin of MONT (106.10%) is better than 100.00% of its industry peers.
MONT's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MONT is destroying value.
Compared to 1 year ago, MONT has more shares outstanding
The number of shares outstanding for MONT has been increased compared to 5 years ago.
MONT has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.44, we must say that MONT is in the distress zone and has some risk of bankruptcy.
MONT has a better Altman-Z score (1.44) than 88.37% of its industry peers.
The Debt to FCF ratio of MONT is 8.51, which is on the high side as it means it would take MONT, 8.51 years of fcf income to pay off all of its debts.
MONT has a better Debt to FCF ratio (8.51) than 88.37% of its industry peers.
MONT has a Debt/Equity ratio of 0.56. This is a neutral value indicating MONT is somewhat dependend on debt financing.
MONT's Debt to Equity ratio of 0.56 is fine compared to the rest of the industry. MONT outperforms 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 8.51 | ||
| Altman-Z | 1.44 |
ROIC/WACC0.61
WACC5.2%
2.3 Liquidity
A Current Ratio of 0.59 indicates that MONT may have some problems paying its short term obligations.
MONT has a Current ratio (0.59) which is in line with its industry peers.
A Quick Ratio of 0.59 indicates that MONT may have some problems paying its short term obligations.
MONT has a Quick ratio (0.59) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
MONT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 87.92%, which is quite impressive.
The Earnings Per Share has been growing slightly by 4.36% on average over the past years.
The Revenue has grown by 9.30% in the past year. This is quite good.
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%65.14%
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 4.17% yearly.
MONT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.15% yearly.
EPS Next Y-1.79%
EPS Next 2Y2.33%
EPS Next 3Y3.3%
EPS Next 5Y4.17%
Revenue Next Year8.73%
Revenue Next 2Y15.17%
Revenue Next 3Y14.87%
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 stable.
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
MONT is valuated cheaply with a Price/Earnings ratio of 7.68.
Based on the Price/Earnings ratio, MONT is valued cheaply inside the industry as 83.72% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 29.35. MONT is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 12.42, the valuation of MONT can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as MONT.
When comparing the Price/Forward Earnings ratio of MONT to the average of the S&P500 Index (22.10), we can say MONT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 12.42 |
4.2 Price Multiples
60.47% of the companies in the same industry are cheaper than MONT, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as MONT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.53 | ||
| EV/EBITDA | 22.38 |
4.3 Compensation for Growth
MONT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.76
EPS Next 2Y2.33%
EPS Next 3Y3.3%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.28%, MONT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.71, MONT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.33, MONT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
5.2 History
On average, the dividend of MONT grows each year by 10.49%, which is quite nice.
Dividend Growth(5Y)10.49%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
MONT pays out 46.51% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of MONT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP46.51%
EPS Next 2Y2.33%
EPS Next 3Y3.3%
EBR:MONT (3/7/2025, 7:00:00 PM)
63.1
+1.9 (+3.1%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners38.17%
Inst Owner ChangeN/A
Ins Owners1.34%
Ins Owner ChangeN/A
Market Cap1.46B
Analysts77.5
Price Target82.31 (30.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
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)1.83%
PT rev (3m)-4.6%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.13%
EPS NY rev (3m)0.9%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.25%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 12.42 | ||
| P/S | 13.32 | ||
| P/FCF | 13.53 | ||
| P/OCF | 13.45 | ||
| P/B | 0.92 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 22.38 |
EPS(TTM)8.22
EY13.03%
EPS(NY)5.08
Fwd EY8.05%
FCF(TTM)4.66
FCFY7.39%
OCF(TTM)4.69
OCFY7.44%
SpS4.74
BVpS68.5
TBVpS68.47
PEG (NY)N/A
PEG (5Y)1.76
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 | 1.44 |
F-Score5
WACC5.2%
ROIC/WACC0.61
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%65.14%
EPS Next Y-1.79%
EPS Next 2Y2.33%
EPS Next 3Y3.3%
EPS Next 5Y4.17%
Revenue 1Y (TTM)9.3%
Revenue growth 3Y15.28%
Revenue growth 5Y16.41%
Sales Q2Q%5.62%
Revenue Next Year8.73%
Revenue Next 2Y15.17%
Revenue Next 3Y14.87%
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%