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Cofinimmo SA/NV CFMOF

Morningstar Rating
$62.27 −1.43 (2.24%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CFMOF is trading at a 33% discount.
Price
$61.86
Fair Value
$35.69
Uncertainty
High
1-Star Price
$123.57
5-Star Price
$62.98
Economic Moat
Mknzw
Capital Allocation
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Trading Information

Previous Close Price
$63.69
Day Range
$62.2762.27
52-Week Range
$58.0098.00
Bid/Ask
$52.00 / $113.00
Market Cap
$2.29 Bil
Volume/Avg
856 / 399

Key Statistics

Price/Earnings (Normalized)
12.60
Price/Sales
5.11
Dividend Yield (Trailing)
9.96%
Dividend Yield (Forward)
10.79%
Total Yield
9.96%

Company Profile

Cofinimmo SA/NV is a Belgian real estate company primarily engaged in the ownership and management of the rental property in Western Europe. The vast majority of Cofinimmo's properties are split between office and healthcare purposes. The remainder is mainly restaurants, pubs, and insurance agencies. Most of Cofinimmo's assets are located in Belgium, while France is also home to a substantial share. The company's major tenants include healthcare firms, pubs and restaurants, banks, and insurance firms. Cofinimmo generates nearly all of its revenue through rental income. The company's healthcare and restaurant tenants typically sign long-term leases, while its office tenants generally elect for short-term agreements.
Sector
Real Estate
Industry
REIT - Diversified
Stock Style Box
Small Value
Total Number of Employees
155

Comparables

Valuation

Metric
CFMOF
ASCE
AED
Price/Earnings (Normalized)
12.608.928.97
Price/Book Value
0.580.730.82
Price/Sales
5.114.958.75
Price/Cash Flow
8.878.8710.59
Price/Earnings
CFMOF
ASCE
AED

Financial Strength

Metric
CFMOF
ASCE
AED
Quick Ratio
0.140.100.13
Current Ratio
0.170.250.34
Interest Coverage
0.202.392.06
Quick Ratio
CFMOF
ASCE
AED

Profitability

Metric
CFMOF
ASCE
AED
Return on Assets (Normalized)
−0.68%4.65%1.48%
Return on Equity (Normalized)
−1.28%8.27%2.64%
Return on Invested Capital (Normalized)
< 0.01%6.06%2.43%
Return on Assets
CFMOF
ASCE
AED
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