QRF COMM VA (QRF.BR) Stock Fundamental Analysis
Europe - EBR:QRF - BE0974272040 - REIT
10.15 EUR
-0.05 (-0.49%)
QRF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 38 industry peers in the Diversified REITs industry. While QRF is still in line with the averages on profitability rating, there are concerns on its financial health. QRF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
QRF had positive earnings in the past year.
In the past year QRF had a positive cash flow from operations.
In multiple years QRF reported negative net income over the last 5 years.
Each year in the past 5 years QRF had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.43%, QRF is in line with its industry, outperforming 41.03% of the companies in the same industry.
QRF has a Return On Equity of 2.70%. This is in the lower half of the industry: QRF underperforms 61.54% of its industry peers.
QRF's Return On Invested Capital of 3.79% is fine compared to the rest of the industry. QRF outperforms 64.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for QRF is in line with the industry average of 3.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 2.7% | ||
| ROIC | 3.79% |
ROA(3y)2.86%
ROA(5y)1.47%
ROE(3y)5.61%
ROE(5y)2.86%
ROIC(3y)4.26%
ROIC(5y)3.85%
1.3 Margins
The Profit Margin of QRF (27.07%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of QRF has grown nicely.
QRF has a better Operating Margin (76.78%) than 66.67% of its industry peers.
In the last couple of years the Operating Margin of QRF has grown nicely.
Looking at the Gross Margin, with a value of 78.32%, QRF is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
QRF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 76.78% | ||
| PM (TTM) | 27.07% | ||
| GM | 78.32% |
OM growth 3Y13.86%
OM growth 5Y8.3%
PM growth 3Y63.42%
PM growth 5YN/A
GM growth 3Y-0.74%
GM growth 5Y0.21%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so QRF is destroying value.
Compared to 1 year ago, QRF has about the same amount of shares outstanding.
QRF has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, QRF has an improved debt to assets ratio.
2.2 Solvency
QRF has an Altman-Z score of 0.31. This is a bad value and indicates that QRF is not financially healthy and even has some risk of bankruptcy.
QRF has a Altman-Z score of 0.31. This is amonst the worse of the industry: QRF underperforms 89.74% of its industry peers.
The Debt to FCF ratio of QRF is 9.98, which is on the high side as it means it would take QRF, 9.98 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.98, QRF is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
A Debt/Equity ratio of 0.51 indicates that QRF is somewhat dependend on debt financing.
QRF has a Debt to Equity ratio of 0.51. This is amongst the best in the industry. QRF outperforms 82.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.98 | ||
| Altman-Z | 0.31 |
ROIC/WACC0.78
WACC4.83%
2.3 Liquidity
A Current Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.07, QRF is doing worse than 94.87% of the companies in the same industry.
A Quick Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
QRF has a worse Quick ratio (0.07) than 94.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
QRF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -70.94%.
Measured over the past years, QRF shows a very strong growth in Earnings Per Share. The EPS has been growing by 63.13% on average per year.
Looking at the last year, QRF shows a decrease in Revenue. The Revenue has decreased by -9.76% in the last year.
QRF shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.85% yearly.
EPS 1Y (TTM)-70.94%
EPS 3Y63.13%
EPS 5YN/A
EPS Q2Q%-68.48%
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.47%
Revenue growth 5Y-3.85%
Sales Q2Q%-5.93%
3.2 Future
Based on estimates for the next years, QRF will show a decrease in Earnings Per Share. The EPS will decrease by -5.11% on average per year.
QRF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.28% yearly.
EPS Next Y-24.01%
EPS Next 2Y-10.3%
EPS Next 3Y-5.11%
EPS Next 5YN/A
Revenue Next Year3.94%
Revenue Next 2Y13.64%
Revenue Next 3Y11.28%
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.76, which indicates a rather expensive current valuation of QRF.
Based on the Price/Earnings ratio, QRF is valued a bit more expensive than 61.54% of the companies in the same industry.
QRF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.06.
With a Price/Forward Earnings ratio of 11.17, the valuation of QRF can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as QRF.
When comparing the Price/Forward Earnings ratio of QRF to the average of the S&P500 Index (32.73), we can say QRF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.76 | ||
| Fwd PE | 11.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, QRF is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, QRF is valued a bit cheaper than the industry average as 64.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.42 | ||
| EV/EBITDA | 22.21 |
4.3 Compensation for Growth
QRF's earnings are expected to decrease with -5.11% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.3%
EPS Next 3Y-5.11%
5. Dividend
5.1 Amount
QRF has a Yearly Dividend Yield of 4.32%, which is a nice return.
QRF's Dividend Yield is slightly below the industry average, which is at 5.98.
QRF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
5.2 History
The dividend of QRF has a limited annual growth rate of 2.11%.
Dividend Growth(5Y)2.11%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
201.17% of the earnings are spent on dividend by QRF. This is not a sustainable payout ratio.
The Dividend Rate of QRF has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP201.17%
EPS Next 2Y-10.3%
EPS Next 3Y-5.11%
EBR:QRF (11/7/2025, 7:00:00 PM)
10.15
-0.05 (-0.49%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners8.13%
Inst Owner ChangeN/A
Ins Owners6.21%
Ins Owner ChangeN/A
Market Cap105.56M
Revenue(TTM)12.03M
Net Income(TTM)3.26M
Analysts76.67
Price Target11.37 (12.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
Yearly Dividend0.79
Dividend Growth(5Y)2.11%
DP201.17%
Div Incr Years1
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)-3.04%
PT rev (3m)-10.8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.3%
EPS NY rev (3m)-28.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)7.32%
Revenue NY rev (3m)3.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.76 | ||
| Fwd PE | 11.17 | ||
| P/S | 8.77 | ||
| P/FCF | 10.42 | ||
| P/OCF | 10.21 | ||
| P/B | 0.88 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 22.21 |
EPS(TTM)0.41
EY4.04%
EPS(NY)0.91
Fwd EY8.96%
FCF(TTM)0.97
FCFY9.59%
OCF(TTM)0.99
OCFY9.8%
SpS1.16
BVpS11.59
TBVpS11.59
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 2.7% | ||
| ROCE | 5.05% | ||
| ROIC | 3.79% | ||
| ROICexc | 3.8% | ||
| ROICexgc | 3.8% | ||
| OM | 76.78% | ||
| PM (TTM) | 27.07% | ||
| GM | 78.32% | ||
| FCFM | 84.17% |
ROA(3y)2.86%
ROA(5y)1.47%
ROE(3y)5.61%
ROE(5y)2.86%
ROIC(3y)4.26%
ROIC(5y)3.85%
ROICexc(3y)4.29%
ROICexc(5y)3.89%
ROICexgc(3y)4.29%
ROICexgc(5y)3.89%
ROCE(3y)5.68%
ROCE(5y)5.14%
ROICexgc growth 3Y16.23%
ROICexgc growth 5Y6.99%
ROICexc growth 3Y16.24%
ROICexc growth 5Y6.99%
OM growth 3Y13.86%
OM growth 5Y8.3%
PM growth 3Y63.42%
PM growth 5YN/A
GM growth 3Y-0.74%
GM growth 5Y0.21%
F-Score4
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.98 | ||
| Debt/EBITDA | 6.58 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.48 | ||
| Cash Conversion | 111.5% | ||
| Profit Quality | 310.93% | ||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z | 0.31 |
F-Score4
WACC4.83%
ROIC/WACC0.78
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-70.94%
EPS 3Y63.13%
EPS 5YN/A
EPS Q2Q%-68.48%
EPS Next Y-24.01%
EPS Next 2Y-10.3%
EPS Next 3Y-5.11%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.47%
Revenue growth 5Y-3.85%
Sales Q2Q%-5.93%
Revenue Next Year3.94%
Revenue Next 2Y13.64%
Revenue Next 3Y11.28%
Revenue Next 5YN/A
EBIT growth 1Y-39.83%
EBIT growth 3Y16.67%
EBIT growth 5Y4.14%
EBIT Next Year-2.1%
EBIT Next 3Y3.21%
EBIT Next 5YN/A
FCF growth 1Y-17.52%
FCF growth 3Y3.11%
FCF growth 5Y1.23%
OCF growth 1Y-15.8%
OCF growth 3Y4.18%
OCF growth 5Y2.05%
QRF COMM VA / QRF.BR FAQ
Can you provide the ChartMill fundamental rating for QRF COMM VA?
ChartMill assigns a fundamental rating of 4 / 10 to QRF.BR.
Can you provide the valuation status for QRF COMM VA?
ChartMill assigns a valuation rating of 3 / 10 to QRF COMM VA (QRF.BR). This can be considered as Overvalued.
How profitable is QRF COMM VA (QRF.BR) stock?
QRF COMM VA (QRF.BR) has a profitability rating of 5 / 10.
Can you provide the financial health for QRF stock?
The financial health rating of QRF COMM VA (QRF.BR) is 3 / 10.
Can you provide the expected EPS growth for QRF stock?
The Earnings per Share (EPS) of QRF COMM VA (QRF.BR) is expected to decline by -24.01% in the next year.