RETAIL ESTATES (RET.BR) Stock Fundamental Analysis
Europe - EBR:RET - BE0003720340 - REIT
62.7 EUR
+0.1 (+0.16%)
We assign a fundamental rating of 5 out of 10 to RET. RET was compared to 39 industry peers in the Diversified REITs industry. RET scores excellent on profitability, but 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
RET had positive earnings in the past year.
In the past year RET had a positive cash flow from operations.
RET had positive earnings in each of the past 5 years.
In the past 5 years RET always reported a positive cash flow from operatings.
1.2 Ratios
RET's Return On Assets of 4.94% is amongst the best of the industry. RET outperforms 84.62% of its industry peers.
The Return On Equity of RET (8.74%) is better than 87.18% of its industry peers.
RET has a better Return On Invested Capital (4.16%) than 69.23% of its industry peers.
RET had an Average Return On Invested Capital over the past 3 years of 3.97%. This is in line with the industry average of 3.49%.
The last Return On Invested Capital (4.16%) for RET is above the 3 year average (3.97%), which is a sign of increasing profitability.
| 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 fine compared to the rest of the industry. RET outperforms 79.49% of its industry peers.
RET's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 73.30%, RET is doing good in the industry, outperforming 61.54% of the companies in the same industry.
In the last couple of years the Operating Margin of RET has remained more or less at the same level.
Looking at the Gross Margin, with a value of 78.89%, RET is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RET 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.
RET has a better debt/assets ratio than last year.
2.2 Solvency
RET has an Altman-Z score of 1.12. This is a bad value and indicates that RET is not financially healthy and even has some risk of bankruptcy.
RET has a Altman-Z score of 1.12. This is in the better half of the industry: RET outperforms 71.79% of its industry peers.
The Debt to FCF ratio of RET is 9.44, which is on the high side as it means it would take RET, 9.44 years of fcf income to pay off all of its debts.
RET's Debt to FCF ratio of 9.44 is amongst the best of the industry. RET outperforms 82.05% of its industry peers.
RET has a Debt/Equity ratio of 0.71. This is a neutral value indicating 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 | 1.12 |
ROIC/WACC0.86
WACC4.81%
2.3 Liquidity
A Current Ratio of 0.43 indicates that RET may have some problems paying its short term obligations.
RET's Current ratio of 0.43 is in line compared to the rest of the industry. RET outperforms 43.59% of its industry peers.
A Quick Ratio of 0.43 indicates that RET may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.43, RET is in line with its industry, outperforming 48.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.43 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
The earnings per share for RET have decreased strongly by -15.21% in the last year.
RET shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.19% yearly.
The Revenue has been growing slightly by 3.12% in the past 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)-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 1.31% yearly.
RET is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.91% yearly.
EPS Next Y1.46%
EPS Next 2Y3.23%
EPS Next 3Y1.31%
EPS Next 5YN/A
Revenue Next Year2.54%
Revenue Next 2Y3.44%
Revenue Next 3Y1.91%
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
A Price/Earnings ratio of 8.60 indicates a reasonable valuation of RET.
RET's Price/Earnings ratio is rather cheap when compared to the industry. RET is cheaper than 89.74% of the companies in the same industry.
RET is valuated cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 9.74, which indicates a very decent valuation of RET.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RET indicates a somewhat cheap valuation: RET is cheaper than 74.36% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.53. RET is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.6 | ||
| Fwd PE | 9.74 |
4.2 Price Multiples
RET's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RET is cheaper than 66.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RET is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.99 | ||
| EV/EBITDA | 15.14 |
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)5.87
PEG (5Y)0.94
EPS Next 2Y3.23%
EPS Next 3Y1.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.64%, RET is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.95, RET has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, RET pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
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
67.37% of the earnings are spent on dividend by RET. 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 2Y3.23%
EPS Next 3Y1.31%
EBR:RET (11/4/2025, 11:56:08 AM)
62.7
+0.1 (+0.16%)
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 Cap942.38M
Revenue(TTM)158.94M
Net Income(TTM)106.70M
Analysts49.09
Price Target68.34 (9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.64% |
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)-1.18%
PT rev (3m)-1.18%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.47%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.6 | ||
| Fwd PE | 9.74 | ||
| P/S | 5.93 | ||
| P/FCF | 9.99 | ||
| P/OCF | 9.87 | ||
| P/B | 0.77 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 15.14 |
EPS(TTM)7.29
EY11.63%
EPS(NY)6.44
Fwd EY10.27%
FCF(TTM)6.27
FCFY10.01%
OCF(TTM)6.35
OCFY10.13%
SpS10.58
BVpS81.24
TBVpS80.66
PEG (NY)5.87
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 | 1.12 |
F-Score5
WACC4.81%
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 Y1.46%
EPS Next 2Y3.23%
EPS Next 3Y1.31%
EPS Next 5YN/A
Revenue 1Y (TTM)3.12%
Revenue growth 3Y7.56%
Revenue growth 5Y5.78%
Sales Q2Q%0.52%
Revenue Next Year2.54%
Revenue Next 2Y3.44%
Revenue Next 3Y1.91%
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 8.6 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%.