MONTEA NV (MONT.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MONT - BE0003853703 - REIT
71.5 EUR
-0.5 (-0.69%)
MONT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 42 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- MONT had positive earnings in the past year.
- In the past year MONT had a positive cash flow from operations.
- MONT had positive earnings in each of the past 5 years.
- In the past 5 years MONT always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.91%, MONT is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
- The Return On Equity of MONT (8.58%) is better than 80.95% of its industry peers.
- MONT's Return On Invested Capital of 2.97% is on the low side compared to the rest of the industry. MONT is outperformed by 61.90% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MONT is in line with the industry average of 3.45%.
| 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
- With an excellent Profit Margin value of 119.85%, MONT belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
- In the last couple of years the Profit Margin of MONT has declined.
- Looking at the Operating Margin, with a value of 93.79%, MONT belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
- MONT's Operating Margin has been stable in the last couple of years.
- The Gross Margin of MONT (102.75%) is better than 100.00% of its industry peers.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
- Compared to 1 year ago, MONT has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.25, we must say that MONT is in the distress zone and has some risk of bankruptcy.
- MONT has a better Altman-Z score (1.25) than 80.95% of its industry peers.
- MONT has a debt to FCF ratio of 8.75. This is a slightly negative value and a sign of low solvency as MONT would need 8.75 years to pay back of all of its debts.
- MONT has a better Debt to FCF ratio (8.75) than 90.48% of its industry peers.
- MONT has a Debt/Equity ratio of 0.68. This is a neutral value indicating MONT is somewhat dependend on debt financing.
- The Debt to Equity ratio of MONT (0.68) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.75 | ||
| Altman-Z | 1.25 |
ROIC/WACC0.52
WACC5.76%
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's Current ratio of 0.76 is fine compared to the rest of the industry. MONT outperforms 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.
- With a decent Quick ratio value of 0.76, MONT is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
- MONT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.23%.
- The Earnings Per Share has been growing slightly by 2.77% on average over the past years.
- The Revenue has grown by 16.82% in the past year. This is quite good.
- The Revenue has been growing by 12.09% on average over the past years. This is quite good.
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
- Based on estimates for the next years, MONT will show a small growth in Earnings Per Share. The EPS will grow by 6.51% on average per year.
- 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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- MONT is valuated reasonably with a Price/Earnings ratio of 10.39.
- Based on the Price/Earnings ratio, MONT is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
- MONT is valuated cheaply when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 13.29 indicates a correct valuation of MONT.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of MONT indicates a slightly more expensive valuation: MONT is more expensive than 61.90% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.32, MONT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.39 | ||
| Fwd PE | 13.29 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MONT is valued a bit more expensive than 71.43% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MONT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.97 | ||
| EV/EBITDA | 24 |
4.3 Compensation for Growth
- MONT's 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)1.64
PEG (5Y)3.75
EPS Next 2Y6.26%
EPS Next 3Y6.51%
5. Dividend
5.1 Amount
- MONT has a Yearly Dividend Yield of 3.68%.
- Compared to an average industry Dividend Yield of 5.42, MONT is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.83, MONT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
5.2 History
- On average, the dividend of MONT grows each year by 15.57%, which is quite nice.
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.
- MONT's earnings are growing slower than its dividend. 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 10.39 and the Price/Book (PB) ratio is 0.94.
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.