QRF COMM VA (QRF.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:QRF - BE0974272040 - REIT
10.1 EUR
0 (0%)
QRF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 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 is valued expensive and it does not seem to be growing.
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.
Each year in the past 5 years QRF had a positive operating cash flow.
1.2 Ratios
The Return On Assets of QRF (1.43%) is comparable to the rest of the industry.
With a Return On Equity value of 2.69%, QRF is not doing good in the industry: 60.98% of the companies in the same industry are doing better.
QRF has a Return On Invested Capital of 3.78%. This is in the better half of the industry: QRF outperforms 63.41% of its industry peers.
QRF had an Average Return On Invested Capital over the past 3 years of 4.29%. This is in line with the industry average of 3.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 2.69% | ||
| ROIC | 3.78% |
ROA(3y)2.87%
ROA(5y)1.47%
ROE(3y)5.62%
ROE(5y)2.87%
ROIC(3y)4.29%
ROIC(5y)3.87%
1.3 Margins
Looking at the Profit Margin, with a value of 27.09%, QRF is in line with its industry, outperforming 43.90% of the companies in the same industry.
QRF's Profit Margin has improved in the last couple of years.
The Operating Margin of QRF (76.75%) is better than 65.85% of its industry peers.
In the last couple of years the Operating Margin of QRF has grown nicely.
The Gross Margin of QRF (78.32%) is better than 63.41% of its industry peers.
QRF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 76.75% | ||
| PM (TTM) | 27.09% | ||
| GM | 78.32% |
OM growth 3Y14.44%
OM growth 5Y8.63%
PM growth 3Y63.78%
PM growth 5YN/A
GM growth 3Y-0.74%
GM growth 5Y0.21%
2. Health
2.1 Basic Checks
QRF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, QRF has about the same amount of shares outstanding.
The number of shares outstanding for QRF has been increased compared to 5 years ago.
The debt/assets ratio for QRF has been reduced compared to a year ago.
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.
With a Altman-Z score value of 0.30, QRF is not doing good in the industry: 87.80% of the companies in the same industry are doing better.
The Debt to FCF ratio of QRF is 9.96, which is on the high side as it means it would take QRF, 9.96 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.96, QRF is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
A Debt/Equity ratio of 0.50 indicates that QRF is somewhat dependend on debt financing.
QRF has a Debt to Equity ratio of 0.50. This is amongst the best in the industry. QRF outperforms 82.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 9.96 | ||
| Altman-Z | 0.3 |
ROIC/WACC0.79
WACC4.78%
2.3 Liquidity
QRF has a Current 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.
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.
A Quick Ratio of 0.07 indicates that QRF may have some problems paying its short term obligations.
QRF's Quick ratio of 0.07 is on the low side compared to the rest of the industry. QRF is outperformed by 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 -70.29% in the last year.
QRF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 62.94% yearly.
Looking at the last year, QRF shows a decrease in Revenue. The Revenue has decreased by -9.76% in the last year.
Measured over the past years, QRF shows a decrease in Revenue. The Revenue has been decreasing by -3.85% on average per year.
EPS 1Y (TTM)-70.29%
EPS 3Y62.94%
EPS 5YN/A
EPS Q2Q%-68.12%
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.47%
Revenue growth 5Y-3.85%
Sales Q2Q%-5.93%
3.2 Future
QRF is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.11% yearly.
Based on estimates for the next years, QRF will show a quite strong growth in Revenue. The Revenue will grow by 11.27% on average per year.
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 2Y13.6%
Revenue Next 3Y11.27%
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
With a Price/Earnings ratio of 24.63, QRF is valued on the expensive side.
Based on the Price/Earnings ratio, QRF is valued a bit more expensive than the industry average as 63.41% of the companies are valued more cheaply.
QRF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.50.
QRF is valuated reasonably with a Price/Forward Earnings ratio of 11.11.
Compared to the rest of the industry, the Price/Forward Earnings ratio of QRF is on the same level as its industry peers.
QRF is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.93, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 11.11 |
4.2 Price Multiples
68.29% of the companies in the same industry are cheaper than QRF, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of QRF indicates a somewhat cheap valuation: QRF is cheaper than 60.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.36 | ||
| EV/EBITDA | 22.16 |
4.3 Compensation for Growth
A cheap valuation may be justified as QRF's earnings are expected to decrease with -5.11% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.3%
EPS Next 3Y-5.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.00%, QRF is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.07, QRF pays a bit more dividend than its industry peers.
QRF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6% |
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
QRF pays out 200.92% of its income as dividend. 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.
DP200.92%
EPS Next 2Y-10.3%
EPS Next 3Y-5.11%
EBR:QRF (12/23/2025, 7:00:00 PM)
10.1
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners6.09%
Inst Owner ChangeN/A
Ins Owners4.66%
Ins Owner ChangeN/A
Market Cap105.04M
Revenue(TTM)12.03M
Net Income(TTM)3.26M
Analysts76.67
Price Target11.37 (12.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6% |
Yearly Dividend0.78
Dividend Growth(5Y)2.11%
DP200.92%
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)0%
PT rev (3m)-3.04%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-7.61%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 11.11 | ||
| P/S | 8.73 | ||
| P/FCF | 10.36 | ||
| P/OCF | 10.15 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 22.16 |
EPS(TTM)0.41
EY4.06%
EPS(NY)0.91
Fwd EY9%
FCF(TTM)0.98
FCFY9.65%
OCF(TTM)1
OCFY9.85%
SpS1.16
BVpS11.63
TBVpS11.63
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.43% | ||
| ROE | 2.69% | ||
| ROCE | 5.05% | ||
| ROIC | 3.78% | ||
| ROICexc | 3.8% | ||
| ROICexgc | 3.8% | ||
| OM | 76.75% | ||
| PM (TTM) | 27.09% | ||
| GM | 78.32% | ||
| FCFM | 84.28% |
ROA(3y)2.87%
ROA(5y)1.47%
ROE(3y)5.62%
ROE(5y)2.87%
ROIC(3y)4.29%
ROIC(5y)3.87%
ROICexc(3y)4.32%
ROICexc(5y)3.91%
ROICexgc(3y)4.32%
ROICexgc(5y)3.91%
ROCE(3y)5.72%
ROCE(5y)5.16%
ROICexgc growth 3Y16.8%
ROICexgc growth 5Y7.31%
ROICexc growth 3Y16.81%
ROICexc growth 5Y7.31%
OM growth 3Y14.44%
OM growth 5Y8.63%
PM growth 3Y63.78%
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 | 0.5 | ||
| Debt/FCF | 9.96 | ||
| Debt/EBITDA | 6.58 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 3.47 | ||
| Cash Conversion | 111.6% | ||
| Profit Quality | 311.04% | ||
| Current Ratio | 0.07 | ||
| Quick Ratio | 0.07 | ||
| Altman-Z | 0.3 |
F-Score4
WACC4.78%
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)-70.29%
EPS 3Y62.94%
EPS 5YN/A
EPS Q2Q%-68.12%
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 2Y13.6%
Revenue Next 3Y11.27%
Revenue Next 5YN/A
EBIT growth 1Y-38.04%
EBIT growth 3Y17.26%
EBIT growth 5Y4.45%
EBIT Next Year6.45%
EBIT Next 3Y13.74%
EBIT Next 5YN/A
FCF growth 1Y-17.44%
FCF growth 3Y3.14%
FCF growth 5Y1.25%
OCF growth 1Y-15.76%
OCF growth 3Y4.19%
OCF growth 5Y2.06%
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.