QRF COMM VA (QRF.BR) Stock Fundamental Analysis
Europe - EBR:QRF - BE0974272040 - REIT
9.9 EUR
-0.08 (-0.8%)
We assign a fundamental rating of 4 out of 10 to QRF. QRF was compared to 41 industry peers in the Diversified REITs industry. There are concerns on the financial health of QRF while its profitability can be described as average. QRF has a valuation in line with the averages, but on the other hand it 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.
The reported net income has been mixed in the past 5 years: QRF reported negative net income in multiple years.
QRF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of QRF (1.43%) is comparable to the rest of the industry.
QRF has a Return On Equity (2.70%) which is comparable to the rest of the industry.
QRF has a Return On Invested Capital of 3.79%. This is in the better half of the industry: QRF outperforms 65.85% 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 3.46%.
| 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
QRF has a Profit Margin (27.07%) which is in line with its industry peers.
QRF's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 76.78%, QRF is doing good in the industry, outperforming 68.29% of the companies in the same industry.
In the last couple of years the Operating Margin of QRF has grown nicely.
QRF has a Gross Margin of 78.32%. This is in the better half of the industry: QRF outperforms 63.41% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), QRF is destroying value.
The number of shares outstanding for QRF remains at a similar level compared to 1 year ago.
Compared to 5 years ago, QRF has more shares outstanding
Compared to 1 year ago, QRF has an improved debt to assets ratio.
2.2 Solvency
QRF has an Altman-Z score of 0.30. 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 0.30. This is amonst the worse of the industry: QRF underperforms 87.80% 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.
The Debt to FCF ratio of QRF (9.98) is better than 75.61% of its industry peers.
QRF has a Debt/Equity ratio of 0.51. This is a neutral value indicating QRF is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.51, QRF belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.98 | ||
| Altman-Z | 0.3 |
ROIC/WACC0.79
WACC4.8%
2.3 Liquidity
A Current Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
With a Current ratio value of 0.07, QRF is not doing good in the industry: 92.68% of the companies in the same industry are doing better.
QRF has a Quick Ratio of 0.07. This is a bad value and indicates that QRF is not financially healthy enough and could expect problems in meeting its short term obligations.
QRF has a worse Quick ratio (0.07) than 92.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 |
3. Growth
3.1 Past
The earnings per share for QRF have decreased strongly by -70.94% in the last year.
QRF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 63.13% yearly.
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
The Earnings Per Share is expected to decrease by -5.11% on average over the next years.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 24.15 indicates a rather expensive valuation of QRF.
Compared to the rest of the industry, the Price/Earnings ratio of QRF indicates a slightly more expensive valuation: QRF is more expensive than 60.98% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.07. QRF is around the same levels.
QRF is valuated reasonably with a Price/Forward Earnings ratio of 10.89.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QRF indicates a somewhat cheap valuation: QRF is cheaper than 60.98% of the companies listed in the same industry.
QRF is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.08, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.15 | ||
| Fwd PE | 10.89 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of QRF indicates a slightly more expensive valuation: QRF is more expensive than 65.85% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, QRF is valued a bit cheaper than the industry average as 68.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.17 | ||
| EV/EBITDA | 22.02 |
4.3 Compensation for Growth
QRF has a very decent profitability rating, which may justify a higher PE ratio.
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 4.42%, which is a nice return.
Compared to an average industry Dividend Yield of 5.79, QRF is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.44, QRF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
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 (11/20/2025, 7:00:00 PM)
9.9
-0.08 (-0.8%)
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 Cap102.96M
Revenue(TTM)12.03M
Net Income(TTM)3.26M
Analysts76.67
Price Target11.37 (14.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.42% |
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 | 24.15 | ||
| Fwd PE | 10.89 | ||
| P/S | 8.56 | ||
| P/FCF | 10.17 | ||
| P/OCF | 9.96 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 22.02 |
EPS(TTM)0.41
EY4.14%
EPS(NY)0.91
Fwd EY9.18%
FCF(TTM)0.97
FCFY9.84%
OCF(TTM)0.99
OCFY10.04%
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 | 0.3 |
F-Score4
WACC4.8%
ROIC/WACC0.79
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 4 / 10 to QRF COMM VA (QRF.BR). This can be considered as Fairly Valued.
How profitable is QRF COMM VA (QRF.BR) stock?
QRF COMM VA (QRF.BR) has a profitability rating of 6 / 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.