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Unibail Rodamco Westfield
(URW)
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Rating:65Neutral
Price Target:
€113.00
▲(7.77% Upside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by improved profitability and durable cash generation, tempered by a debt-heavy balance sheet and a 2025 revenue decline. Technicals are supportive with price above major moving averages and positive momentum, while valuation adds a meaningful boost due to the low P/E and solid dividend yield.
Positive Factors
Durable cash generation
Consistent operating cash flow and positive free cash flow demonstrate the business can fund operations, redevelopment and distributions without relying solely on asset sales. Durable cash generation supports reinvestment into centres and services, underpinning medium-term financial resilience.
Negative Factors
Elevated leverage
High absolute debt increases sensitivity to interest rates and valuation shifts in property markets, constraining financial flexibility. In a capital-intensive REIT, elevated leverage raises refinancing and covenant risks and limits ability to pursue opportunistic investments without de-risking measures.
Read all positive and negative factors
Positive Factors
Negative Factors
Durable cash generation
Consistent operating cash flow and positive free cash flow demonstrate the business can fund operations, redevelopment and distributions without relying solely on asset sales. Durable cash generation supports reinvestment into centres and services, underpinning medium-term financial resilience.
Read all positive factors
Unibail Rodamco Westfield (URW) vs. iShares MSCI France ETF (EWQ)
Market Cap
€14.83B
Dividend Yield4.37%
Average Volume (3M)316.03K
Price to Earnings (P/E)9.4
Beta (1Y)0.93
Revenue Growth-6.45%
EPS Growth102.99%
CountryFR
Employees1,963
SectorReal Estate
Sector Strength53
IndustryREIT - Retail
Share Statistics
EPS (TTM)10.99
Shares Outstanding144,492,580
10 Day Avg. Volume285,525
30 Day Avg. Volume316,026
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.75
Price to Sales (P/S)4.34
P/FCF Ratio11.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€122.80Price Target Upside17.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)9.25
Revenue Forecast (FY)€2.45B
Unibail Rodamco Westfield Business Overview & Revenue Model
Company Description
Unibail-Rodamco-Westfield (URW) is a leading entity that owns, develops, and manages premium, sustainable real estate holdings situated in dynamic urban centers across both Europe and the United States. The group oversees 75 retail properties span...
How the Company Makes Money
URW’s core revenue model is that of an owner-operator of income-producing commercial property, with earnings primarily generated from its shopping centre portfolio. The main revenue stream is rental income paid by retail tenants for leased units w...
Unibail Rodamco Westfield Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
52
Neutral
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.00B | 3.06B | 3.26B | 3.06B | 3.00B | 2.52B |
| Gross Profit | 1.90B | 1.98B | 2.05B | 1.88B | 1.89B | 1.44B |
| EBITDA | 3.02B | 2.73B | 1.63B | 1.68B | 1.24B | 1.31B |
| Net Income | 1.58B | 1.27B | 146.20M | -1.63B | 178.20M | -972.10M |
Balance Sheet | ||||||
| Total Assets | 50.40B | 49.68B | 53.55B | 53.58B | 54.64B | 54.92B |
| Cash, Cash Equivalents and Short-Term Investments | 2.84B | 2.68B | 5.29B | 5.50B | 3.33B | 2.26B |
| Total Debt | 24.45B | 24.49B | 27.56B | 27.90B | 26.40B | 27.13B |
| Total Liabilities | 28.41B | 27.99B | 32.51B | 32.81B | 31.69B | 32.55B |
| Stockholders Equity | 17.89B | 17.70B | 17.67B | 17.21B | 19.18B | 18.92B |
Cash Flow | ||||||
| Free Cash Flow | 814.10M | 1.15B | 881.90M | 875.50M | 1.53B | 831.70M |
| Operating Cash Flow | 1.62B | 2.05B | 2.19B | 2.06B | 2.44B | 1.72B |
| Investing Cash Flow | 345.00M | 650.70M | -537.10M | -791.40M | 280.80M | 620.80M |
| Financing Cash Flow | -3.06B | -5.26B | -1.88B | 865.40M | -1.64B | -2.24B |
Unibail Rodamco Westfield Technical Analysis
Positive
104.85
Price Trends
102.93
Positive
100.39
Positive
95.21
Positive
Market Momentum
-0.12
Positive
47.50
Neutral
33.55
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:URW, the sentiment is Positive. The current price of 104.85 is above the 20-day moving average (MA) of 104.13, above the 50-day MA of 102.93, and above the 200-day MA of 95.21, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 47.50 is Neutral, neither overbought nor oversold. The STOCH value of 33.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:URW.
Unibail Rodamco Westfield Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | €2.27B | 7.67 | ― | 8.21% | -1.15% | -15.14% | |
74 Outperform | €10.84B | 8.08 | 11.02% | 4.92% | 3.02% | 15.66% | |
69 Neutral | €1.15B | 9.35 | 7.54% | 5.71% | 45.41% | 1859.21% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | €14.83B | 9.38 | 7.31% | 4.29% | -6.45% | 102.99% | |
61 Neutral | €5.65B | 8.67 | 8.78% | 7.06% | 5.45% | 56.76% | |
55 Neutral | €1.06B | 19.93 | 5.80% | 8.50% | 3.19% | 70.45% |
* Real Estate Sector Average
FR:URW
Unibail Rodamco Westfield
103.05
16.37
18.89%
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Unibail Rodamco Westfield Corporate Events
Unibail-Rodamco-Westfield Reports 144.5 Million Shares and Voting Rights as of July 2026
Aug 3, 2026
Unibail-Rodamco-Westfield reported that its share capital comprised 144,492,582 shares as of 31 July 2026, each carrying one voting right, resulting in an equal number of total voting rights. The disclosure, made under French regulatory requiremen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.