MONTEA NV (MONT.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MONT - BE0003853703 - REIT
71.1 EUR
-0.9 (-1.25%)
MONT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. While MONT belongs to the best of the industry regarding profitability, 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.
- MONT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- MONT has a better Return On Assets (4.91%) than 78.57% of its industry peers.
- MONT has a Return On Equity of 8.58%. This is amongst the best in the industry. MONT outperforms 80.95% of its industry peers.
- MONT has a worse Return On Invested Capital (2.97%) than 61.90% of its industry peers.
- MONT had an Average Return On Invested Capital over the past 3 years of 3.10%. This is in line with the industry average of 3.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.91% | ||
| ROE | 8.58% | ||
| ROIC | 2.97% |
ROA(3y)6.53%
ROA(5y)8.73%
ROE(3y)11.02%
ROE(5y)14.9%
ROIC(3y)3.1%
ROIC(5y)3.36%
1.3 Margins
- MONT's Profit Margin of 119.85% is amongst the best of the industry. MONT outperforms 95.24% of its industry peers.
- MONT's Profit Margin has declined in the last couple of years.
- MONT's Operating Margin of 93.79% is amongst the best of the industry. MONT outperforms 95.24% of its industry peers.
- In the last couple of years the Operating Margin of MONT has remained more or less at the same level.
- Looking at the Gross Margin, with a value of 102.75%, MONT belongs to the top 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 | 93.79% | ||
| PM (TTM) | 119.85% | ||
| GM | 102.75% |
OM growth 3Y-2.74%
OM growth 5Y-0.06%
PM growth 3Y-21.07%
PM growth 5Y-2.22%
GM growth 3Y-0.1%
GM growth 5Y-0.09%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MONT is destroying value.
- MONT has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for MONT has been increased compared to 5 years ago.
- The debt/assets ratio for MONT has been reduced compared to a year ago.
2.2 Solvency
- MONT has an Altman-Z score of 1.24. This is a bad value and indicates that MONT is not financially healthy and even has some risk of bankruptcy.
- MONT's Altman-Z score of 1.24 is amongst the best of the industry. MONT outperforms 80.95% of its industry peers.
- The Debt to FCF ratio of MONT is 8.75, which is on the high side as it means it would take MONT, 8.75 years of fcf income to pay off all of its debts.
- MONT has a Debt to FCF ratio of 8.75. This is amongst the best in the industry. MONT outperforms 90.48% of its industry peers.
- A Debt/Equity ratio of 0.68 indicates that MONT is somewhat dependend on debt financing.
- MONT has a Debt to Equity ratio (0.68) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.75 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.52
WACC5.74%
2.3 Liquidity
- MONT has a Current Ratio of 0.76. 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 better Current ratio (0.76) than 71.43% of its industry peers.
- MONT has a Quick Ratio of 0.76. 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's Quick ratio of 0.76 is fine compared to the rest of the industry. MONT outperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
- The earnings per share for MONT have decreased strongly by -16.23% in the last year.
- Measured over the past 5 years, MONT shows a small growth in Earnings Per Share. The EPS has been growing by 2.77% on average per year.
- MONT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.82%.
- Measured over the past years, MONT shows a quite strong growth in Revenue. The Revenue has been growing by 12.09% on average per year.
EPS 1Y (TTM)-16.23%
EPS 3Y-16.39%
EPS 5Y2.77%
EPS Q2Q%-28.11%
Revenue 1Y (TTM)16.82%
Revenue growth 3Y15.28%
Revenue growth 5Y12.09%
Sales Q2Q%23.41%
3.2 Future
- MONT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.51% yearly.
- MONT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.74% yearly.
EPS Next Y6.33%
EPS Next 2Y6.26%
EPS Next 3Y6.51%
EPS Next 5YN/A
Revenue Next Year21.69%
Revenue Next 2Y17.14%
Revenue Next 3Y15.64%
Revenue Next 5Y8.74%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 10.33 indicates a reasonable valuation of MONT.
- Compared to the rest of the industry, the Price/Earnings ratio of MONT indicates a somewhat cheap valuation: MONT is cheaper than 73.81% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of MONT to the average of the S&P500 Index (27.21), we can say MONT is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 13.21, the valuation of MONT can be described as correct.
- MONT's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. MONT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.33 | ||
| Fwd PE | 13.21 |
4.2 Price Multiples
- MONT's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. MONT is more expensive than 71.43% of the companies in the same industry.
- MONT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.9 | ||
| EV/EBITDA | 23.82 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of MONT may justify a higher PE ratio.
PEG (NY)1.63
PEG (5Y)3.73
EPS Next 2Y6.26%
EPS Next 3Y6.51%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.79%, MONT has a reasonable but not impressive dividend return.
- MONT's Dividend Yield is slightly below the industry average, which is at 5.41.
- Compared to an average S&P500 Dividend Yield of 1.81, MONT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
5.2 History
- The dividend of MONT is nicely growing with an annual growth rate of 15.57%!
Dividend Growth(5Y)15.57%
Div Incr Years6
Div Non Decr Years7
5.3 Sustainability
- MONT pays out 56.11% 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.
DP56.11%
EPS Next 2Y6.26%
EPS Next 3Y6.51%
MONTEA NV / MONT.BR FAQ
What is the ChartMill fundamental rating of MONTEA NV (MONT.BR) stock?
ChartMill assigns a fundamental rating of 5 / 10 to MONT.BR.
Can you provide the valuation status for MONTEA NV?
ChartMill assigns a valuation rating of 4 / 10 to MONTEA NV (MONT.BR). This can be considered as Fairly Valued.
How profitable is MONTEA NV (MONT.BR) stock?
MONTEA NV (MONT.BR) has a profitability rating of 7 / 10.
What is the valuation of MONTEA NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MONTEA NV (MONT.BR) is 10.33 and the Price/Book (PB) ratio is 0.93.
Can you provide the expected EPS growth for MONT stock?
The Earnings per Share (EPS) of MONTEA NV (MONT.BR) is expected to grow by 6.33% in the next year.