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IMMO.BR$21.20-0.47%
Fair $21.20+0.0%

IMMO.BR

Immobel SA

Real Estate / Real Estate - DevelopmentBrussels

$21.20

-0.10 (-0.47%)

Fairly Valued+0.0%Fair Value $21.20Fund rank 25/100 · Data gapFallback financials|
SA 41/C
F-Score: 7/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 0.0/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 24/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

41/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · IMMO.BRLocal privado en este navegador · Immobel SA
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$217M

P/E

4.5x

↓

EV/EBITDA

13.1x

↓

ROE

11.2%

↑

Gross Margin

16.0%

↓

Debt/Equity

1.79

↑
52-Week Range$21
$18$27

TradingView lightweight chart

IMMO.BR price, volumen y niveles de valoración

Último $21.20Periodo -60.9%
Fair value: $21.20

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+12.2%

FCF CAGR

—

FCF margin

47.1%

FCF / Net income

3.25x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $333.9M · net income $48.4M · FCF $157.2M

2022-FY → 2025-FY

Gross margin

16.0%+4.5% pts

Operating margin

15.9%+18.4% pts

Net margin

14.5%+10.0% pts

FCF margin

47.1%+83.0% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$333.9M$333.9M$377.5M$156.4M$236.3M
Net Income$48.4M$48.4M$-93.7M$-38.4M$10.7M
EBITDA$66.5M$66.5M$-71.1M$-10.6M$23.5M
EPS——-9.33-3.731.04
Gross Margin16.0%16.0%7.6%14.9%11.5%
Operating Margin15.9%15.9%2.9%2.6%-2.4%
Net Margin14.5%14.5%-24.8%-24.6%4.5%
Balance Sheet
Debt/Equity1.791.792.581.991.62
Current Ratio1.871.87———
Cash Flow
Free Cash Flow$157.2M$157.2M$54.4M$-128.0M$-84.8M
Returns
ROE11.2%11.2%-24.6%-7.9%1.9%
Valuation
P/E4.544.54——43.30
EV/EBITDA13.0613.06——46.49
P/B0.500.500.510.610.83
Growth & Yield
Revenue Growth-11.6%-11.6%141.4%-33.8%—
EPS Growth——-150.2%-458.4%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +13.5%

Total return

+13.5%

Start / end P/E

n/dx → n/dx

EPS bridge

-9.33 → n/d

Residual

+13.5%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+13.5%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.