Gecina (GFC) AI Stock Analysis

• Market Cap: €5.90B
• Dividend Yield: 6.41%
• Average Volume (3M): 157.04K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.53
• Revenue Growth: 3.84%
• EPS Growth: N/A
• Country: FR
• Employees: 473
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): 3.38
• Shares Outstanding: 76,792,336
• 10 Day Avg. Volume: 160,856
• 30 Day Avg. Volume: 157,045
• PEG Ratio: -0.18
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 7.83
• P/FCF Ratio: 46.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €97.04
• Price Target Upside: 22.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: €93.00 ▲(17.05% Upside)

Gecina's solid financial recovery and stable balance sheet are the primary strengths, contributing significantly to the score. The technical analysis suggests a neutral to slightly positive trend, while the valuation is attractive due to a reasonable P/E ratio and high dividend yield. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Stable Cash Flow

Consistent operating cash flow growth and positive free cash flow indicate strong cash generation ability, supporting long-term financial stability.

Revenue Growth

Positive revenue growth reflects recovery and resilience, enhancing Gecina's market position and potential for future expansion.

Balance Sheet Stability

A stable balance sheet with moderate leverage ensures financial health, providing flexibility for strategic investments and growth.

Negative Factors

Past Profitability Issues

Historical profitability challenges suggest potential risks in sustaining margins, which could affect long-term financial performance.

Debt Levels

Increasing debt levels may strain financial resources, impacting Gecina's ability to invest in growth and manage economic downturns.

Margin Sustainability

Negative EBIT and EBITDA margins in 2023 highlight challenges in cost management, potentially affecting long-term profitability.

Gecina Business Overview & Revenue Model

Company Description

Gecina (GFC) is a leading French real estate investment trust (REIT) specializing in the ownership, management, and development of properties, primarily in the office and residential sectors. The company is known for its high-quality portfolio that predominantly comprises prime office buildings located in central Paris, as well as residential properties across major urban areas in France. Gecina focuses on sustainable development and enhancing the value of its assets through innovative property management and development strategies.

How the Company Makes Money

Gecina generates revenue primarily through rental income from its extensive portfolio of office and residential properties. The company leases its spaces to a diverse range of tenants, including corporations, government entities, and individuals, which provides a stable cash flow. Additionally, Gecina capitalizes on property appreciation and strategic asset management, enhancing the value of its real estate investments over time. The company may also engage in property development projects, creating new spaces that can be leased or sold in the future. Partnerships with local governments and other entities can further contribute to Gecina's revenue by facilitating development projects and securing long-term tenants.

Gecina Financial Statement Overview

Summary

Gecina demonstrated a solid financial recovery in 2024 with improved revenue and profitability metrics. The balance sheet reflects stability with a steady equity base, while cash flow generation remains robust. However, past profitability issues indicate potential volatility, warranting caution.

Income Statement

The company showed a positive revenue growth rate in 2024, recovering from a downturn in 2023. Gross and net profit margins were healthy, indicating effective cost management, although EBIT and EBITDA margins were negative in 2023, impacting profitability.

Balance Sheet

Gecina maintains a stable equity ratio and moderate leverage, with total debt slightly increasing over time. Return on Equity improved significantly in 2024, reflecting enhanced profitability and shareholder value.

Cash Flow

Operating cash flow exhibited consistent growth, and the free cash flow remained positive, albeit with some fluctuation. The free cash flow to net income ratio was strong in 2024, indicating efficient cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	882.68M	854.08M	835.69M	772.05M	762.01M	825.49M
Gross Profit	337.68M	628.88M	621.76M	569.72M	616.15M	634.30M
EBITDA	586.06M	414.63M	-1.69B	263.77M	473.11M	474.12M
Net Income	509.28M	309.76M	-1.79B	169.58M	849.29M	155.07M
Balance Sheet
Total Assets	18.07B	17.92B	17.65B	20.68B	20.44B	20.25B
Cash, Cash Equivalents and Short-Term Investments	727.64M	179.04M	143.72M	50.57M	15.10M	174.12M
Total Debt	6.84B	6.76B	6.43B	7.23B	6.91B	7.22B
Total Liabilities	7.65B	7.40B	7.05B	7.90B	7.46B	7.75B
Stockholders Equity	10.40B	10.51B	10.58B	12.76B	12.96B	12.47B
Cash Flow
Free Cash Flow	-201.17M	145.18M	218.03M	149.61M	146.73M	299.26M
Operating Cash Flow	433.15M	599.85M	449.17M	390.86M	390.15M	412.11M
Investing Cash Flow	268.36M	-405.94M	882.93M	-266.16M	192.59M	178.28M
Financing Cash Flow	-351.40M	-158.58M	-1.24B	-89.23M	-741.76M	-454.11M

Gecina Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 79.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:GFC, the sentiment is Negative. The current price of 79.45 is below the 20-day moving average (MA) of 79.76, below the 50-day MA of 81.75, and below the 200-day MA of 85.81, indicating a bearish trend. The MACD of -0.84 indicates Negative momentum. The RSI at 44.04 is Neutral, neither overbought nor oversold. The STOCH value of 47.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:GFC.

Gecina Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GFC	69 Neutral	€5.90B	11.59	4.93%	6.41%	3.84%	―
COVH	68 Neutral	€3.70B	17.01	6.03%	6.30%	21.24%	241.67%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FLY	63 Neutral	―	―	―	―	1.66%	―
URW	62 Neutral	€12.89B	16.63	―	3.86%	4.09%	―
COV	61 Neutral	€6.13B	14.59	5.11%	6.29%	8.36%	―
ICAD	52 Neutral	€1.57B	-8.38	-4.49%	20.35%	-6.91%	80.39%