RETAIL ESTATES (RET.BR) Stock Fundamental Analysis
Europe - EBR:RET - BE0003720340 - REIT
62.9 EUR
-0.5 (-0.79%)
RET gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 41 industry peers in the Diversified REITs industry. While RET belongs to the best of the industry regarding profitability, there are concerns on its financial health. RET has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year RET was profitable.
RET had a positive operating cash flow in the past year.
Each year in the past 5 years RET has been profitable.
Each year in the past 5 years RET had a positive operating cash flow.
1.2 Ratios
The Return On Assets of RET (4.94%) is better than 85.37% of its industry peers.
RET has a Return On Equity of 8.74%. This is amongst the best in the industry. RET outperforms 85.37% of its industry peers.
RET has a Return On Invested Capital of 4.16%. This is in the better half of the industry: RET outperforms 70.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RET is in line with the industry average of 3.46%.
The 3 year average ROIC (3.97%) for RET is below the current ROIC(4.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 8.74% | ||
| ROIC | 4.16% |
ROA(3y)6.59%
ROA(5y)6.11%
ROE(3y)11.91%
ROE(5y)11.53%
ROIC(3y)3.97%
ROIC(5y)3.97%
1.3 Margins
RET's Profit Margin of 67.13% is amongst the best of the industry. RET outperforms 80.49% of its industry peers.
In the last couple of years the Profit Margin of RET has grown nicely.
RET has a Operating Margin of 73.30%. This is in the better half of the industry: RET outperforms 63.41% of its industry peers.
RET's Operating Margin has been stable in the last couple of years.
The Gross Margin of RET (78.89%) is better than 68.29% of its industry peers.
RET's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.3% | ||
| PM (TTM) | 67.13% | ||
| GM | 78.89% |
OM growth 3Y-0.81%
OM growth 5Y-0.79%
PM growth 3Y-13.36%
PM growth 5Y6.76%
GM growth 3Y-0.84%
GM growth 5Y-0.65%
2. Health
2.1 Basic Checks
RET 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, RET has more shares outstanding
The number of shares outstanding for RET has been increased compared to 5 years ago.
RET has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.13, we must say that RET is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.13, RET is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
RET has a debt to FCF ratio of 9.44. This is a negative value and a sign of low solvency as RET would need 9.44 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 9.44, RET belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
A Debt/Equity ratio of 0.71 indicates that RET is somewhat dependend on debt financing.
The Debt to Equity ratio of RET (0.71) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 9.44 | ||
| Altman-Z | 1.13 |
ROIC/WACC0.86
WACC4.82%
2.3 Liquidity
RET has a Current Ratio of 0.43. This is a bad value and indicates that RET is not financially healthy enough and could expect problems in meeting its short term obligations.
RET has a Current ratio (0.43) which is in line with its industry peers.
A Quick Ratio of 0.43 indicates that RET may have some problems paying its short term obligations.
RET has a Quick ratio (0.43) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
RET shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.21%.
RET shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.19% yearly.
Looking at the last year, RET shows a small growth in Revenue. The Revenue has grown by 3.12% in the last year.
The Revenue has been growing slightly by 5.78% on average over the past years.
EPS 1Y (TTM)-15.21%
EPS 3Y-10.65%
EPS 5Y9.19%
EPS Q2Q%74.41%
Revenue 1Y (TTM)3.12%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%0.52%
3.2 Future
RET is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.02% yearly.
Based on estimates for the next years, RET will show a small growth in Revenue. The Revenue will grow by 2.32% on average per year.
EPS Next Y1.56%
EPS Next 2Y0.87%
EPS Next 3Y1.02%
EPS Next 5YN/A
Revenue Next Year2.13%
Revenue Next 2Y3.18%
Revenue Next 3Y2.32%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.63, which indicates a very decent valuation of RET.
90.24% of the companies in the same industry are more expensive than RET, based on the Price/Earnings ratio.
RET is valuated cheaply when we compare the Price/Earnings ratio to 25.51, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.76, the valuation of RET can be described as very reasonable.
78.05% of the companies in the same industry are more expensive than RET, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of RET to the average of the S&P500 Index (34.98), we can say RET is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.63 | ||
| Fwd PE | 9.76 |
4.2 Price Multiples
68.29% of the companies in the same industry are more expensive than RET, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RET is valued a bit cheaper than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.03 | ||
| EV/EBITDA | 15.25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
RET has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.53
PEG (5Y)0.94
EPS Next 2Y0.87%
EPS Next 3Y1.02%
5. Dividend
5.1 Amount
RET has a Yearly Dividend Yield of 5.65%, which is a nice return.
RET's Dividend Yield is comparable with the industry average which is at 5.79.
RET's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
5.2 History
On average, the dividend of RET grows each year by 18.46%, which is quite nice.
Dividend Growth(5Y)18.46%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
RET pays out 67.37% of its income as dividend. This is not a sustainable payout ratio.
The dividend of RET is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP67.37%
EPS Next 2Y0.87%
EPS Next 3Y1.02%
EBR:RET (11/18/2025, 7:00:00 PM)
62.9
-0.5 (-0.79%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners18.41%
Inst Owner ChangeN/A
Ins Owners3.98%
Ins Owner ChangeN/A
Market Cap945.39M
Revenue(TTM)158.94M
Net Income(TTM)106.70M
Analysts49.09
Price Target68.34 (8.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.65% |
Yearly Dividend4.94
Dividend Growth(5Y)18.46%
DP67.37%
Div Incr Years2
Div Non Decr Years2
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)0.3%
PT rev (3m)-1.18%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.09%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.63 | ||
| Fwd PE | 9.76 | ||
| P/S | 5.95 | ||
| P/FCF | 10.03 | ||
| P/OCF | 9.9 | ||
| P/B | 0.77 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 15.25 |
EPS(TTM)7.29
EY11.59%
EPS(NY)6.45
Fwd EY10.25%
FCF(TTM)6.27
FCFY9.97%
OCF(TTM)6.35
OCFY10.1%
SpS10.58
BVpS81.24
TBVpS80.66
PEG (NY)5.53
PEG (5Y)0.94
Graham Number115.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 8.74% | ||
| ROCE | 5.65% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.17% | ||
| ROICexgc | 4.18% | ||
| OM | 73.3% | ||
| PM (TTM) | 67.13% | ||
| GM | 78.89% | ||
| FCFM | 59.33% |
ROA(3y)6.59%
ROA(5y)6.11%
ROE(3y)11.91%
ROE(5y)11.53%
ROIC(3y)3.97%
ROIC(5y)3.97%
ROICexc(3y)3.98%
ROICexc(5y)3.98%
ROICexgc(3y)3.99%
ROICexgc(5y)4%
ROCE(3y)5.41%
ROCE(5y)5.47%
ROICexgc growth 3Y0.91%
ROICexgc growth 5Y-0.42%
ROICexc growth 3Y1.06%
ROICexc growth 5Y-0.49%
OM growth 3Y-0.81%
OM growth 5Y-0.79%
PM growth 3Y-13.36%
PM growth 5Y6.76%
GM growth 3Y-0.84%
GM growth 5Y-0.65%
F-Score5
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 9.44 | ||
| Debt/EBITDA | 7.36 | ||
| Cap/Depr | 73.46% | ||
| Cap/Sales | 0.73% | ||
| Interest Coverage | 6.08 | ||
| Cash Conversion | 80.83% | ||
| Profit Quality | 88.38% | ||
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 1.13 |
F-Score5
WACC4.82%
ROIC/WACC0.86
Cap/Depr(3y)262.29%
Cap/Depr(5y)286.92%
Cap/Sales(3y)1.85%
Cap/Sales(5y)1.76%
Profit Quality(3y)65.65%
Profit Quality(5y)71.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-15.21%
EPS 3Y-10.65%
EPS 5Y9.19%
EPS Q2Q%74.41%
EPS Next Y1.56%
EPS Next 2Y0.87%
EPS Next 3Y1.02%
EPS Next 5YN/A
Revenue 1Y (TTM)3.12%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%0.52%
Revenue Next Year2.13%
Revenue Next 2Y3.18%
Revenue Next 3Y2.32%
Revenue Next 5YN/A
EBIT growth 1Y4.37%
EBIT growth 3Y6.69%
EBIT growth 5Y4.94%
EBIT Next Year8.31%
EBIT Next 3Y5.16%
EBIT Next 5YN/A
FCF growth 1Y31.29%
FCF growth 3Y6.57%
FCF growth 5Y14.32%
OCF growth 1Y25.83%
OCF growth 3Y5.55%
OCF growth 5Y12.31%
RETAIL ESTATES / RET.BR FAQ
What is the fundamental rating for RET stock?
ChartMill assigns a fundamental rating of 5 / 10 to RET.BR.
What is the valuation status for RET stock?
ChartMill assigns a valuation rating of 6 / 10 to RETAIL ESTATES (RET.BR). This can be considered as Fairly Valued.
What is the profitability of RET stock?
RETAIL ESTATES (RET.BR) has a profitability rating of 8 / 10.
What are the PE and PB ratios of RETAIL ESTATES (RET.BR) stock?
The Price/Earnings (PE) ratio for RETAIL ESTATES (RET.BR) is 8.63 and the Price/Book (PB) ratio is 0.77.
Can you provide the dividend sustainability for RET stock?
The dividend rating of RETAIL ESTATES (RET.BR) is 6 / 10 and the dividend payout ratio is 67.37%.