QRF COMM VA (QRF.BR) Stock Fundamental Analysis
Europe - EBR:QRF - BE0974272040 - REIT
10.5 EUR
+0.1 (+0.96%)
QRF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Diversified REITs industry. QRF has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
QRF had a positive operating cash flow in the past year.
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
QRF's Return On Assets of 1.43% is in line compared to the rest of the industry. QRF outperforms 42.50% of its industry peers.
The Return On Equity of QRF (2.70%) is worse than 60.00% of its industry peers.
QRF's Return On Invested Capital of 3.79% is fine compared to the rest of the industry. QRF outperforms 65.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for QRF is in line with the industry average of 3.43%.
| 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.
QRF's Profit Margin has improved in the last couple of years.
The Operating Margin of QRF (76.78%) is better than 65.00% of its industry peers.
QRF's Operating Margin has improved in the last couple of years.
QRF has a Gross Margin (78.32%) which is comparable to the rest of the 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.
The number of shares outstanding for QRF remains at a similar level compared to 1 year ago.
QRF has more shares outstanding than it did 5 years ago.
QRF has a better debt/assets ratio than last year.
2.2 Solvency
QRF has an Altman-Z score of 0.17. This is a bad value and indicates that QRF is not financially healthy and even has some risk of bankruptcy.
QRF has a worse Altman-Z score (0.17) than 90.00% of its industry peers.
QRF has a debt to FCF ratio of 9.98. This is a negative value and a sign of low solvency as QRF would need 9.98 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 9.98, QRF is doing good in the industry, outperforming 72.50% of the companies in the same industry.
QRF has a Debt/Equity ratio of 0.51. This is a neutral value indicating QRF is somewhat dependend on debt financing.
QRF has a better Debt to Equity ratio (0.51) than 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 9.98 | ||
| Altman-Z | 0.17 |
ROIC/WACC0.86
WACC4.42%
2.3 Liquidity
A Current Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
The Current ratio of QRF (0.07) is worse than 92.50% of its industry peers.
A Quick Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
The Quick ratio of QRF (0.07) is worse than 92.50% 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 64.17% yearly.
The Revenue has decreased by -9.76% in the past year.
The Revenue has been decreasing by -3.85% on average over the past years.
EPS 1Y (TTM)-70.94%
EPS 3Y64.17%
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 -4.59% on average per year.
QRF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.30% yearly.
EPS Next Y-19.3%
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
EPS Next 5YN/A
Revenue Next Year-3.15%
Revenue Next 2Y1.56%
Revenue Next 3Y3.3%
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.
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
With a Price/Earnings ratio of 25.00, QRF can be considered very expensive at the moment.
Based on the Price/Earnings ratio, QRF is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
QRF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.20.
A Price/Forward Earnings ratio of 10.83 indicates a reasonable valuation of QRF.
The rest of the industry has a similar Price/Forward Earnings ratio as QRF.
The average S&P500 Price/Forward Earnings ratio is at 22.70. QRF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25 | ||
| Fwd PE | 10.83 |
4.2 Price Multiples
QRF's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of QRF indicates a somewhat cheap valuation: QRF is cheaper than 77.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.09 | ||
| EV/EBITDA | 19.58 |
4.3 Compensation for Growth
A cheap valuation may be justified as QRF's earnings are expected to decrease with -4.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.60%, QRF is a good candidate for dividend investing.
QRF's Dividend Yield is a higher than the industry average which is at 5.57.
QRF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.6% |
5.2 History
The dividend of QRF has a limited annual growth rate of 2.50%.
Dividend Growth(5Y)2.5%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
QRF pays out 201.17% of its income as dividend. This is not a sustainable payout ratio.
QRF's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP201.17%
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
EBR:QRF (9/17/2025, 7:00:00 PM)
10.5
+0.1 (+0.96%)
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 Cap81.90M
Analysts80
Price Target11.73 (11.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.6% |
Yearly Dividend0.8
Dividend Growth(5Y)2.5%
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)-8%
PT rev (3m)-8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-22.36%
EPS NY rev (3m)-22.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.94%
Revenue NY rev (3m)-3.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25 | ||
| Fwd PE | 10.83 | ||
| P/S | 6.81 | ||
| P/FCF | 8.09 | ||
| P/OCF | 7.92 | ||
| P/B | 0.68 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 19.58 |
EPS(TTM)0.42
EY4%
EPS(NY)0.97
Fwd EY9.23%
FCF(TTM)1.3
FCFY12.37%
OCF(TTM)1.33
OCFY12.63%
SpS1.54
BVpS15.46
TBVpS15.46
PEG (NY)N/A
PEG (5Y)N/A
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%
ROICexcg growth 3Y16.23%
ROICexcg 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 | 0.17 |
F-Score4
WACC4.42%
ROIC/WACC0.86
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 3Y64.17%
EPS 5YN/A
EPS Q2Q%-68.48%
EPS Next Y-19.3%
EPS Next 2Y-8.23%
EPS Next 3Y-4.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.47%
Revenue growth 5Y-3.85%
Sales Q2Q%-5.93%
Revenue Next Year-3.15%
Revenue Next 2Y1.56%
Revenue Next 3Y3.3%
Revenue Next 5YN/A
EBIT growth 1Y-39.83%
EBIT growth 3Y16.67%
EBIT growth 5Y4.14%
EBIT Next Year2.9%
EBIT Next 3Y4.75%
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%