MONTEA NV (MONT.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:MONT - BE0003853703 - REIT
71.8 EUR
+0.1 (+0.14%)
We assign a fundamental rating of 5 out of 10 to MONT. MONT was compared to 41 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
- MONT had positive earnings in the past year.
- MONT had a positive operating cash flow in the past year.
- In the past 5 years MONT has always been profitable.
- In the past 5 years MONT always reported a positive cash flow from operatings.
1.2 Ratios
- MONT has a Return On Assets of 4.91%. This is amongst the best in the industry. MONT outperforms 80.49% of its industry peers.
- MONT has a better Return On Equity (8.58%) than 82.93% of its industry peers.
- MONT has a worse Return On Invested Capital (2.97%) than 60.98% 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
- With an excellent Profit Margin value of 119.85%, MONT belongs to the best of the industry, outperforming 95.12% of the companies in the same industry.
- In the last couple of years the Profit Margin of MONT has declined.
- MONT has a better Operating Margin (93.79%) than 95.12% of its industry peers.
- MONT's Operating Margin has been stable in the last couple of years.
- MONT has a Gross Margin of 102.75%. This is amongst the best in the industry. MONT outperforms 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MONT is destroying value.
- The number of shares outstanding for MONT has been increased compared to 1 year ago.
- MONT has more shares outstanding than it did 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 1.25. This is a bad value and indicates that MONT is not financially healthy and even has some risk of bankruptcy.
- MONT has a better Altman-Z score (1.25) than 80.49% 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 Debt to FCF ratio of 8.75. This is amongst the best in the industry. MONT outperforms 90.24% 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.
- With a Debt to Equity ratio value of 0.68, MONT perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.75 | ||
| Altman-Z | 1.25 |
ROIC/WACC0.52
WACC5.75%
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 Current ratio of 0.76. This is in the better half of the industry: MONT outperforms 73.17% of its industry peers.
- A Quick Ratio of 0.76 indicates that MONT may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.76, MONT is in the better half of the industry, outperforming 73.17% of the companies in the same industry.
| 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.
- MONT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.77% yearly.
- Looking at the last year, MONT shows a quite strong growth in Revenue. The Revenue has grown by 16.82% in the last year.
- 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
- The Earnings Per Share is expected to grow by 6.51% on average over the next years.
- 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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- Based on the Price/Earnings ratio of 10.44, the valuation of MONT can be described as reasonable.
- Based on the Price/Earnings ratio, MONT is valued a bit cheaper than 73.17% of the companies in the same industry.
- MONT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.60.
- The Price/Forward Earnings ratio is 13.34, which indicates a correct valuation of MONT.
- The rest of the industry has a similar Price/Forward Earnings ratio as MONT.
- MONT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.44 | ||
| Fwd PE | 13.34 |
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 70.73% 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 | 12.02 | ||
| EV/EBITDA | 23.94 |
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)1.65
PEG (5Y)3.76
EPS Next 2Y6.26%
EPS Next 3Y6.51%
5. Dividend
5.1 Amount
- MONT has a Yearly Dividend Yield of 3.79%.
- MONT's Dividend Yield is slightly below the industry average, which is at 5.41.
- Compared to an average S&P500 Dividend Yield of 1.82, 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 10.44 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.