Eurocommercial Properties N.V. Logo

Eurocommercial Properties N.V.

ECMPA.AS

(2.5)
Stock Price

25,30 EUR

0.92% ROA

1.76% ROE

32.44x PER

Market Cap.

1.178.438.045,00 EUR

75.37% DER

10.13% Yield

14.37% NPM

Eurocommercial Properties N.V. Stock Analysis

Eurocommercial Properties N.V. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Eurocommercial Properties N.V. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.55x), the stock offers substantial upside potential at a bargain price.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 ROE

ROE in an average range (2.97%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (1.56%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 DER

The stock has a reasonable amount of debt compared to its ownership (76%), suggesting a balanced financial position and a moderate level of risk.

6 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

7 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

8 Buffet Intrinsic Value

The company's stock seems undervalued (101) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Eurocommercial Properties N.V. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Eurocommercial Properties N.V. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Eurocommercial Properties N.V. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Eurocommercial Properties N.V. Revenue
Year Revenue Growth
2001 66.570.000
2002 67.272.000 1.04%
2003 93.236.000 27.85%
2004 108.485.000 14.06%
2005 115.409.000 6%
2006 127.619.000 9.57%
2007 147.580.000 13.53%
2008 155.343.000 5%
2009 163.084.000 4.75%
2010 179.628.000 9.21%
2011 190.458.000 5.69%
2012 201.014.000 5.25%
2013 201.267.000 0.13%
2014 198.273.000 -1.51%
2015 205.949.000 3.73%
2016 212.497.000 3.08%
2017 225.314.000 5.69%
2018 234.277.000 3.83%
2021 237.737.000 1.46%
2022 242.048.000 1.78%
2023 245.080.000 1.24%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Eurocommercial Properties N.V. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Eurocommercial Properties N.V. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 7.092.000 100%
2005 7.301.000 2.86%
2006 0 0%
2007 0 0%
2008 0 0%
2009 11.255.000 100%
2010 9.493.000 -18.56%
2011 3.385.000 -180.44%
2012 3.554.000 4.76%
2013 3.361.000 -5.74%
2014 3.549.000 5.3%
2015 3.847.000 7.75%
2016 3.021.000 -27.34%
2017 1.471.000 -105.37%
2018 4.385.000 66.45%
2021 4.691.000 6.52%
2022 4.696.000 0.11%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Eurocommercial Properties N.V. EBITDA
Year EBITDA Growth
2001 52.625.000
2002 53.767.000 2.12%
2003 71.109.000 24.39%
2004 178.484.000 60.16%
2005 313.328.000 43.04%
2006 95.830.000 -226.96%
2007 110.033.000 12.91%
2008 -189.993.000 157.91%
2009 135.578.000 240.14%
2010 205.192.000 33.93%
2011 134.447.000 -52.62%
2012 139.361.000 3.53%
2013 169.086.000 17.58%
2014 258.415.000 34.57%
2015 313.246.000 17.5%
2016 326.613.000 4.09%
2017 130.749.000 -149.8%
2018 148.680.000 12.06%
2021 139.693.000 -6.43%
2022 159.188.000 12.25%
2023 188.804.000 15.69%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Eurocommercial Properties N.V. Gross Profit
Year Gross Profit Growth
2001 52.625.000
2002 53.767.000 2.12%
2003 76.527.000 29.74%
2004 94.223.000 18.78%
2005 99.684.000 5.48%
2006 95.830.000 -4.02%
2007 110.033.000 12.91%
2008 114.380.000 3.8%
2009 120.472.000 5.06%
2010 131.116.000 8.12%
2011 152.261.000 13.89%
2012 159.744.000 4.68%
2013 162.442.000 1.66%
2014 160.408.000 -1.27%
2015 165.051.000 2.81%
2016 171.710.000 3.88%
2017 182.496.000 5.91%
2018 189.768.000 3.83%
2021 174.288.000 -8.88%
2022 182.804.000 4.66%
2023 145.040.000 -26.04%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Eurocommercial Properties N.V. Net Profit
Year Net Profit Growth
2001 36.630.000
2002 41.345.000 11.4%
2003 44.872.000 7.86%
2004 113.953.000 60.62%
2005 233.927.000 51.29%
2006 259.472.000 9.84%
2007 110.286.000 -135.27%
2008 -180.705.000 161.03%
2009 93.740.000 292.77%
2010 201.277.000 53.43%
2011 -12.118.000 1760.98%
2012 122.919.000 109.86%
2013 99.790.000 -23.18%
2014 167.774.000 40.52%
2015 207.399.000 19.11%
2016 260.753.000 20.46%
2017 72.064.000 -261.84%
2018 74.586.000 3.38%
2021 104.687.000 28.75%
2022 200.737.000 47.85%
2023 132.228.000 -51.81%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Eurocommercial Properties N.V. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 1
2002 1 100%
2003 1 0%
2004 4 66.67%
2005 7 50%
2006 7 14.29%
2007 3 -133.33%
2008 -5 175%
2009 2 300%
2010 5 50%
2011 0 0%
2012 3 100%
2013 2 0%
2014 4 33.33%
2015 4 25%
2016 5 20%
2017 1 -400%
2018 1 0%
2021 2 0%
2022 4 66.67%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Eurocommercial Properties N.V. Free Cashflow
Year Free Cashflow Growth
2001 36.289.000
2002 41.001.000 11.49%
2003 -110.721.000 137.03%
2004 9.289.000 1291.96%
2005 34.264.000 72.89%
2006 -135.325.000 125.32%
2007 -76.456.000 -77%
2008 34.710.000 320.27%
2009 -43.172.000 180.4%
2010 15.786.000 373.48%
2011 34.321.000 54%
2012 17.680.000 -94.12%
2013 61.757.000 71.37%
2014 54.588.000 -13.13%
2015 29.542.000 -84.78%
2016 -11.859.000 349.11%
2017 4.596.000 358.03%
2018 47.970.000 90.42%
2021 70.242.000 31.71%
2022 82.731.000 15.1%
2023 24.674.000 -235.3%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Eurocommercial Properties N.V. Operating Cashflow
Year Operating Cashflow Growth
2001 36.630.000
2002 41.345.000 11.4%
2003 44.872.000 7.86%
2004 9.917.000 -352.48%
2005 34.476.000 71.24%
2006 29.754.000 -15.87%
2007 47.296.000 37.09%
2008 50.421.000 6.2%
2009 56.190.000 10.27%
2010 79.081.000 28.95%
2011 63.963.000 -23.64%
2012 70.286.000 9%
2013 86.941.000 19.16%
2014 79.157.000 -9.83%
2015 87.077.000 9.1%
2016 85.540.000 -1.8%
2017 107.858.000 20.69%
2018 110.936.000 2.77%
2021 96.466.000 -15%
2022 108.474.000 11.07%
2023 33.925.000 -219.75%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Eurocommercial Properties N.V. Capital Expenditure
Year Capital Expenditure Growth
2001 341.000
2002 344.000 0.87%
2003 155.593.000 99.78%
2004 628.000 -24675.96%
2005 212.000 -196.23%
2006 165.079.000 99.87%
2007 123.752.000 -33.4%
2008 15.711.000 -687.68%
2009 99.362.000 84.19%
2010 63.295.000 -56.98%
2011 29.642.000 -113.53%
2012 52.606.000 43.65%
2013 25.184.000 -108.89%
2014 24.569.000 -2.5%
2015 57.535.000 57.3%
2016 97.399.000 40.93%
2017 103.262.000 5.68%
2018 62.966.000 -64%
2021 26.224.000 -140.11%
2022 25.743.000 -1.87%
2023 9.251.000 -178.27%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Eurocommercial Properties N.V. Equity
Year Equity Growth
2001 631.277.000
2002 659.224.000 4.24%
2003 707.424.000 6.81%
2004 828.144.000 14.58%
2005 1.037.679.000 20.19%
2006 1.242.118.000 16.46%
2007 1.300.981.000 4.52%
2008 1.033.080.000 -25.93%
2009 1.214.323.000 14.93%
2010 1.370.150.000 11.37%
2011 1.300.147.000 -5.38%
2012 1.366.064.000 4.83%
2013 1.386.632.000 1.48%
2014 1.658.245.000 16.38%
2015 1.791.670.000 7.45%
2016 1.973.694.000 9.22%
2017 1.939.784.000 -1.75%
2018 1.906.559.000 -1.74%
2021 2.019.230.000 5.58%
2022 2.111.171.000 4.35%
2023 2.088.749.000 -1.07%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Eurocommercial Properties N.V. Assets
Year Assets Growth
2001 1.216.662.000
2002 1.254.015.000 2.98%
2003 1.416.811.000 11.49%
2004 1.597.042.000 11.29%
2005 1.891.430.000 15.56%
2006 2.267.934.000 16.6%
2007 2.528.936.000 10.32%
2008 2.172.037.000 -16.43%
2009 2.505.718.000 13.32%
2010 2.671.251.000 6.2%
2011 2.842.953.000 6.04%
2012 2.889.027.000 1.59%
2013 2.807.083.000 -2.92%
2014 3.111.787.000 9.79%
2015 3.550.626.000 12.36%
2016 3.857.233.000 7.95%
2017 4.060.552.000 5.01%
2018 4.220.259.000 3.78%
2021 4.026.376.000 -4.82%
2022 3.937.427.000 -2.26%
2023 3.915.072.000 -0.57%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Eurocommercial Properties N.V. Liabilities
Year Liabilities Growth
2001 585.385.000
2002 594.791.000 1.58%
2003 709.387.000 16.15%
2004 768.898.000 7.74%
2005 853.751.000 9.94%
2006 1.025.816.000 16.77%
2007 1.227.955.000 16.46%
2008 1.138.957.000 -7.81%
2009 1.291.395.000 11.8%
2010 1.301.101.000 0.75%
2011 1.542.806.000 15.67%
2012 1.522.963.000 -1.3%
2013 1.420.451.000 -7.22%
2014 1.453.542.000 2.28%
2015 1.758.956.000 17.36%
2016 1.883.539.000 6.61%
2017 2.120.768.000 11.19%
2018 2.313.700.000 8.34%
2021 2.007.146.000 -15.27%
2022 1.826.256.000 -9.9%
2023 1.826.323.000 0%

Eurocommercial Properties N.V. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.75
Net Income per Share
0.68
Price to Earning Ratio
32.44x
Price To Sales Ratio
4.71x
POCF Ratio
9.66
PFCF Ratio
13.1
Price to Book Ratio
0.56
EV to Sales
10.76
EV Over EBITDA
27.83
EV to Operating CashFlow
22.3
EV to FreeCashFlow
29.92
Earnings Yield
0.03
FreeCashFlow Yield
0.08
Market Cap
1,18 Bil.
Enterprise Value
2,69 Bil.
Graham Number
24.65
Graham NetNet
-33.5

Income Statement Metrics

Net Income per Share
0.68
Income Quality
3.29
ROE
0.02
Return On Assets
0.01
Return On Capital Employed
0.04
Net Income per EBT
0.74
EBT Per Ebit
0.31
Ebit per Revenue
0.62
Effective Tax Rate
0.25

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.76
Operating Profit Margin
0.62
Pretax Profit Margin
0.2
Net Profit Margin
0.14

Dividends

Dividend Yield
0.1
Dividend Yield %
10.13
Payout Ratio
2.06
Dividend Per Share
2.24

Operating Metrics

Operating Cashflow per Share
2.29
Free CashFlow per Share
1.71
Capex to Operating CashFlow
-0.25
Capex to Revenue
-0.12
Capex to Depreciation
-17.92
Return on Invested Capital
0.03
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
629.2
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.58
Inventory Turnover
0
Capex per Share
-0.58

Balance Sheet

Cash per Share
1,14
Book Value per Share
39,61
Tangible Book Value per Share
39.61
Shareholders Equity per Share
39.61
Interest Debt per Share
30.74
Debt to Equity
0.75
Debt to Assets
0.4
Net Debt to EBITDA
15.65
Current Ratio
0.39
Tangible Asset Value
2,09 Bil.
Net Current Asset Value
-1,69 Bil.
Invested Capital
0.75
Working Capital
-0,20 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,06 Bil.
Average Inventory
0
Debt to Market Cap
1.34

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Eurocommercial Properties N.V. Dividends
Year Dividends Growth
2022 2
2023 2 0%

Eurocommercial Properties N.V. Profile

About Eurocommercial Properties N.V.

At the outset Eurocommercial invested in a variety of countries, including France where the Company made its first investment in 1992 with the acquisition of Les Atlantes shopping centre in Tours. In 1994 Eurocommercial purchased Curno in Bergamo, marking its first acquisition in Italy. Eurocommercial moved into the Swedish market in 2001. It re-entered the Belgian market in 2018 with the purchase of the Woluwe shopping centre. The Company is now one of Europe's most experienced property investors with a portfolio of shopping centres of €4.1 billion.

CEO
Mr. Evert Jan van Garderen
Employee
97
Address
Herengracht 469
Amsterdam, 1017 BS

Eurocommercial Properties N.V. Executives & BODs

Eurocommercial Properties N.V. Executives & BODs
# Name Age
1 Dr. Luca Lucaroni
Director of Investor Relations
70
2 V.P.J. Meijer
Company Secretary & Group Director Legal
70
3 Mr. Evert Jan van Garderen
Chief Executive Officer & Member of Management Board
70
4 Mr. Roberto Fraticelli
Chief Financial Officer & Member of Board of Management
70
5 Mr. Tom Agren
Controller
70
6 Mr. Sergio Olgiati
Administrative Director
70
7 Mr. Pascal H. Le Goueff
Head of Eurocommercial France & Director
70
8 Mr. Nicolas Bourimoff
Leasing Director of France
70
9 Nathalie McGee
Manager of Communications
70
10 Mr. J. Peter C. Mills
Chief Investment Officer & Member of Management Board
70

Eurocommercial Properties N.V. Competitors

Wereldhave N.V. Logo
Wereldhave N.V.

WHA.AS

(2.8)
Vastned Retail N.V. Logo
Vastned Retail N.V.

VASTN.AS

(2.5)
NSI N.V. Logo
NSI N.V.

NSI.AS

(2.0)
Klépierre Logo
Klépierre

LI.PA

(2.0)
Koninklijke BAM Groep nv Logo
Koninklijke BAM Groep nv

BAMNB.AS

(2.5)