NEPI ROCKCASTLE N.V. (NRP.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:NRP - NL0015000RT3 - Common Stock
7.8 EUR
+0.2 (+2.63%)
NRP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 77 industry peers in the Real Estate Management & Development industry. NRP scores excellent on profitability, but there are some minor concerns on its financial health. NRP has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year NRP was profitable.
- NRP had a positive operating cash flow in the past year.
- Of the past 5 years NRP 4 years were profitable.
- In the past 5 years NRP always reported a positive cash flow from operatings.
1.2 Ratios
- NRP's Return On Assets of 6.40% is amongst the best of the industry. NRP outperforms 93.51% of its industry peers.
- NRP has a better Return On Equity (11.35%) than 88.31% of its industry peers.
- NRP has a better Return On Invested Capital (5.70%) than 90.91% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for NRP is in line with the industry average of 3.99%.
- The 3 year average ROIC (5.49%) for NRP is below the current ROIC(5.70%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.4% | ||
| ROE | 11.35% | ||
| ROIC | 5.7% |
ROA(3y)6.36%
ROA(5y)4%
ROE(3y)11.4%
ROE(5y)7.16%
ROIC(3y)5.49%
ROIC(5y)5.13%
1.3 Margins
- The Profit Margin of NRP (63.46%) is better than 84.42% of its industry peers.
- In the last couple of years the Profit Margin of NRP has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 62.00%, NRP belongs to the top of the industry, outperforming 83.12% of the companies in the same industry.
- In the last couple of years the Operating Margin of NRP has declined.
- The Gross Margin of NRP (66.40%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of NRP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 62% | ||
| PM (TTM) | 63.46% | ||
| GM | 66.4% |
OM growth 3Y3%
OM growth 5Y-1.68%
PM growth 3Y16.29%
PM growth 5Y-0.69%
GM growth 3Y-1.09%
GM growth 5Y-0.85%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NRP is destroying value.
- Compared to 1 year ago, NRP has more shares outstanding
- The number of shares outstanding for NRP has been increased compared to 5 years ago.
- Compared to 1 year ago, NRP has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.51, we must say that NRP is in the distress zone and has some risk of bankruptcy.
- NRP has a Altman-Z score of 1.51. This is in the better half of the industry: NRP outperforms 75.32% of its industry peers.
- NRP has a debt to FCF ratio of 7.27. This is a slightly negative value and a sign of low solvency as NRP would need 7.27 years to pay back of all of its debts.
- NRP has a Debt to FCF ratio of 7.27. This is in the better half of the industry: NRP outperforms 79.22% of its industry peers.
- NRP has a Debt/Equity ratio of 0.60. This is a neutral value indicating NRP is somewhat dependend on debt financing.
- NRP's Debt to Equity ratio of 0.60 is fine compared to the rest of the industry. NRP outperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 7.27 | ||
| Altman-Z | 1.51 |
ROIC/WACC0.95
WACC6.02%
2.3 Liquidity
- NRP has a Current Ratio of 2.20. This indicates that NRP is financially healthy and has no problem in meeting its short term obligations.
- NRP's Current ratio of 2.20 is fine compared to the rest of the industry. NRP outperforms 68.83% of its industry peers.
- A Quick Ratio of 2.19 indicates that NRP has no problem at all paying its short term obligations.
- NRP's Quick ratio of 2.19 is fine compared to the rest of the industry. NRP outperforms 79.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.2 | ||
| Quick Ratio | 2.19 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 2.24% over the past year.
- The Earnings Per Share has been growing slightly by 5.63% on average over the past years.
- The Revenue has grown by 9.17% in the past year. This is quite good.
- The Revenue has been growing slightly by 7.88% on average over the past years.
EPS 1Y (TTM)2.24%
EPS 3Y31.37%
EPS 5Y5.63%
EPS Q2Q%-14.03%
Revenue 1Y (TTM)9.17%
Revenue growth 3Y16.72%
Revenue growth 5Y7.88%
Sales Q2Q%8.8%
3.2 Future
- Based on estimates for the next years, NRP will show a small growth in Earnings Per Share. The EPS will grow by 4.63% on average per year.
- NRP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.42% yearly.
EPS Next Y1.74%
EPS Next 2Y3.66%
EPS Next 3Y4.63%
EPS Next 5YN/A
Revenue Next Year18.38%
Revenue Next 2Y11.76%
Revenue Next 3Y10.42%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 9.63, the valuation of NRP can be described as reasonable.
- Based on the Price/Earnings ratio, NRP is valued a bit cheaper than 76.62% of the companies in the same industry.
- When comparing the Price/Earnings ratio of NRP to the average of the S&P500 Index (27.21), we can say NRP is valued rather cheaply.
- NRP is valuated reasonably with a Price/Forward Earnings ratio of 11.82.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NRP indicates a somewhat cheap valuation: NRP is cheaper than 77.92% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, NRP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.63 | ||
| Fwd PE | 11.82 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NRP indicates a somewhat cheap valuation: NRP is cheaper than 77.92% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, NRP is valued a bit cheaper than the industry average as 66.23% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.2 | ||
| EV/EBITDA | 14.88 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of NRP may justify a higher PE ratio.
PEG (NY)5.52
PEG (5Y)1.71
EPS Next 2Y3.66%
EPS Next 3Y4.63%
5. Dividend
5.1 Amount
- NRP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NEPI ROCKCASTLE N.V. / NRP.AS FAQ
What is the ChartMill fundamental rating of NEPI ROCKCASTLE N.V. (NRP.AS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NRP.AS.
What is the valuation status for NRP stock?
ChartMill assigns a valuation rating of 6 / 10 to NEPI ROCKCASTLE N.V. (NRP.AS). This can be considered as Fairly Valued.
What is the profitability of NRP stock?
NEPI ROCKCASTLE N.V. (NRP.AS) has a profitability rating of 7 / 10.
What are the PE and PB ratios of NEPI ROCKCASTLE N.V. (NRP.AS) stock?
The Price/Earnings (PE) ratio for NEPI ROCKCASTLE N.V. (NRP.AS) is 9.63 and the Price/Book (PB) ratio is 1.12.
Can you provide the dividend sustainability for NRP stock?
The dividend rating of NEPI ROCKCASTLE N.V. (NRP.AS) is 0 / 10 and the dividend payout ratio is 53.12%.