RETAIL ESTATES (RET.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:RET - BE0003720340 - REIT
63.45 EUR
+0.05 (+0.08%)
RET gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 42 industry peers in the Diversified REITs industry. RET has an excellent profitability rating, but there are concerns on its financial health. RET has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- RET had positive earnings in the past year.
- RET had a positive operating cash flow in the past year.
- In the past 5 years RET has always been profitable.
- In the past 5 years RET always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 5.18%, RET belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
- With an excellent Return On Equity value of 9.24%, RET belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- The Return On Invested Capital of RET (4.34%) is better than 78.57% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for RET is in line with the industry average of 3.45%.
- The last Return On Invested Capital (4.34%) for RET is above the 3 year average (3.97%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.18% | ||
| ROE | 9.24% | ||
| ROIC | 4.34% |
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
- The Profit Margin of RET (69.77%) is better than 80.95% of its industry peers.
- RET's Profit Margin has improved in the last couple of years.
- RET has a Operating Margin of 72.89%. This is comparable to the rest of the industry: RET outperforms 59.52% of its industry peers.
- In the last couple of years the Operating Margin of RET has remained more or less at the same level.
- The Gross Margin of RET (77.87%) is better than 64.29% of its industry peers.
- RET's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 72.89% | ||
| PM (TTM) | 69.77% | ||
| GM | 77.87% |
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.
- RET has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for RET has been increased compared to 5 years ago.
- The debt/assets ratio for RET has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.08, we must say that RET is in the distress zone and has some risk of bankruptcy.
- RET has a better Altman-Z score (1.08) than 71.43% of its industry peers.
- RET has a debt to FCF ratio of 10.48. This is a negative value and a sign of low solvency as RET would need 10.48 years to pay back of all of its debts.
- RET has a better Debt to FCF ratio (10.48) than 73.81% of its industry peers.
- A Debt/Equity ratio of 0.66 indicates that RET is somewhat dependend on debt financing.
- RET has a Debt to Equity ratio (0.66) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 10.48 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.9
WACC4.8%
2.3 Liquidity
- RET has a Current Ratio of 0.23. 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 of 0.23. This is in the lower half of the industry: RET underperforms 69.05% of its industry peers.
- A Quick Ratio of 0.23 indicates that RET may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.23, RET is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
- RET shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.17%, which is quite impressive.
- 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 1.24% in the last year.
- RET shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.78% yearly.
EPS 1Y (TTM)40.17%
EPS 3Y-10.65%
EPS 5Y9.19%
EPS Q2Q%10.12%
Revenue 1Y (TTM)1.24%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%1.96%
3.2 Future
- The Earnings Per Share is expected to grow by 0.97% on average over the next years.
- Based on estimates for the next years, RET will show a small growth in Revenue. The Revenue will grow by 3.12% on average per year.
EPS Next Y-0.45%
EPS Next 2Y0.84%
EPS Next 3Y0.97%
EPS Next 5YN/A
Revenue Next Year1.99%
Revenue Next 2Y3.25%
Revenue Next 3Y3.12%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.37, the valuation of RET can be described as reasonable.
- 88.10% of the companies in the same industry are more expensive than RET, based on the Price/Earnings ratio.
- RET's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.54.
- Based on the Price/Forward Earnings ratio of 9.83, the valuation of RET can be described as reasonable.
- Based on the Price/Forward Earnings ratio, RET is valued a bit cheaper than 76.19% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of RET to the average of the S&P500 Index (24.31), we can say RET is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 9.83 |
4.2 Price Multiples
- 69.05% 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 the industry average as 61.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.06 | ||
| EV/EBITDA | 15.63 |
4.3 Compensation for Growth
- RET has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.91
EPS Next 2Y0.84%
EPS Next 3Y0.97%
5. Dividend
5.1 Amount
- RET has a Yearly Dividend Yield of 5.79%, which is a nice return.
- RET's Dividend Yield is a higher than the industry average which is at 4.99.
- Compared to an average S&P500 Dividend Yield of 1.92, RET pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
5.2 History
- The dividend of RET is nicely growing with an annual growth rate of 18.46%!
Dividend Growth(5Y)18.46%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- RET pays out 68.34% of its income as dividend. This is not a sustainable payout ratio.
- RET's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP68.34%
EPS Next 2Y0.84%
EPS Next 3Y0.97%
EBR:RET (1/16/2026, 5:05:20 PM)
63.45
+0.05 (+0.08%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-17 2025-11-17
Earnings (Next)02-16 2026-02-16
Inst Owners18.91%
Inst Owner ChangeN/A
Ins Owners3.98%
Ins Owner ChangeN/A
Market Cap953.65M
Revenue(TTM)160.49M
Net Income(TTM)111.97M
Analysts49.09
Price Target68.34 (7.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
Yearly Dividend4.94
Dividend Growth(5Y)18.46%
DP68.34%
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%
PT rev (3m)0.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.88%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.37 | ||
| Fwd PE | 9.83 | ||
| P/S | 5.94 | ||
| P/FCF | 11.06 | ||
| P/OCF | 10.93 | ||
| P/B | 0.79 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | 15.63 |
EPS(TTM)7.58
EY11.95%
EPS(NY)6.45
Fwd EY10.17%
FCF(TTM)5.73
FCFY9.04%
OCF(TTM)5.8
OCFY9.15%
SpS10.68
BVpS80.58
TBVpS80.03
PEG (NY)N/A
PEG (5Y)0.91
Graham Number117.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.18% | ||
| ROE | 9.24% | ||
| ROCE | 5.79% | ||
| ROIC | 4.34% | ||
| ROICexc | 4.35% | ||
| ROICexgc | 4.37% | ||
| OM | 72.89% | ||
| PM (TTM) | 69.77% | ||
| GM | 77.87% | ||
| FCFM | 53.7% |
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 | 0.66 | ||
| Debt/FCF | 10.48 | ||
| Debt/EBITDA | 6.74 | ||
| Cap/Depr | 64.14% | ||
| Cap/Sales | 0.64% | ||
| Interest Coverage | 6.38 | ||
| Cash Conversion | 73.55% | ||
| Profit Quality | 76.98% | ||
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z | 1.08 |
F-Score5
WACC4.8%
ROIC/WACC0.9
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)40.17%
EPS 3Y-10.65%
EPS 5Y9.19%
EPS Q2Q%10.12%
EPS Next Y-0.45%
EPS Next 2Y0.84%
EPS Next 3Y0.97%
EPS Next 5YN/A
Revenue 1Y (TTM)1.24%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%1.96%
Revenue Next Year1.99%
Revenue Next 2Y3.25%
Revenue Next 3Y3.12%
Revenue Next 5YN/A
EBIT growth 1Y2.84%
EBIT growth 3Y6.69%
EBIT growth 5Y4.94%
EBIT Next Year1.14%
EBIT Next 3Y3.22%
EBIT Next 5YN/A
FCF growth 1Y13.61%
FCF growth 3Y6.57%
FCF growth 5Y14.32%
OCF growth 1Y8.91%
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 of RETAIL ESTATES (RET.BR) stock?
ChartMill assigns a valuation rating of 6 / 10 to RETAIL ESTATES (RET.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for RETAIL ESTATES?
RETAIL ESTATES (RET.BR) has a profitability rating of 8 / 10.
What is the valuation of RETAIL ESTATES based on its PE and PB ratios?
The Price/Earnings (PE) ratio for RETAIL ESTATES (RET.BR) is 8.37 and the Price/Book (PB) ratio is 0.79.
How sustainable is the dividend of RETAIL ESTATES (RET.BR) stock?
The dividend rating of RETAIL ESTATES (RET.BR) is 6 / 10 and the dividend payout ratio is 68.34%.