Unibail Rodamco Westfield (URW) AI Stock Analysis

• Market Cap: €11.81B
• Dividend Yield: 4.25%
• Average Volume (3M): 377.40K
• Price to Earnings (P/E): 78.7
• Beta (1Y): 1.10
• Revenue Growth: 6.37%
• EPS Growth: N/A
• Country: FR
• Employees: 2,316
• Sector: Real Estate
• Sector Strength: 66
• Industry: REIT - Retail
• EPS (TTM): 4.55
• Shares Outstanding: 143,244,720
• 10 Day Avg. Volume: 296,856
• 30 Day Avg. Volume: 377,404
• PEG Ratio: 0.69
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 47.61
• 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: €98.31
• Price Target Upside: 19.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11

• Rating: 62 Neutral
• Price Target: €86.00 ▲(4.32%Upside)

The overall stock score reflects strong technical indicators suggesting bullish momentum, tempered by high valuation concerns with a significant P/E ratio. Financial performance is improving, but high leverage remains a concern.

Unibail Rodamco Westfield Business Overview & Revenue Model

Company Description

Unibail-Rodamco-Westfield (URW) is a premier global developer and operator of flagship shopping destinations. The company operates in the commercial real estate sector, focusing primarily on shopping malls, airports, and office spaces across Europe and the United States. URW's portfolio includes some of the most iconic and frequently visited retail hubs, offering a blend of retail, dining, and entertainment experiences.

How the Company Makes Money

URW makes money primarily through leasing retail and commercial spaces in its shopping centers and office buildings to a wide range of tenants, including international retail brands, dining establishments, and service providers. The company also generates revenue through property management services, which include various fees from tenants for marketing, maintenance, and operational support. Additionally, URW capitalizes on its strategic locations and high foot traffic to host events and advertising opportunities within its properties. The company's earnings are further supported by strategic partnerships and joint ventures that enhance the value and reach of its property portfolio.

Unibail Rodamco Westfield Financial Statement Overview

Summary

Unibail Rodamco Westfield shows signs of recovery with positive income and improved cash flows. The net income has transitioned from a loss to a profit, and cash flow management has improved significantly. However, the balance sheet reveals high leverage, typical for REITs, which poses risks.

Income Statement

Unibail Rodamco Westfield has shown a positive turnaround with a net income of €146.2 million in 2024 compared to a loss in 2023, indicating recovery. The gross profit margin improved to 62.85% in 2024, showing strong operational efficiency. However, revenue growth of 6.37% from 2023 to 2024 is modest. The EBIT and EBITDA margins are healthy at 24.29% and 49.96% respectively, reflecting efficient cost management.

Balance Sheet

The company's debt-to-equity ratio stands at 1.56, indicating a significant reliance on debt, which is typical for REITs but poses risks in volatile markets. The equity ratio is 33.02%, suggesting a moderate level of financial stability. Return on equity is modest at 0.83% in 2024, reflecting a need for stronger profitability to enhance shareholder returns.

Cash Flow

The operating cash flow to net income ratio is robust at 14.98, indicating strong cash generation relative to net income. Free cash flow grew by 329.06% from 2023 to 2024, highlighting substantial improvement in cash management and financial flexibility. The free cash flow to net income ratio is also positive, suggesting effective use of cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.26B	3.06B	3.00B	2.52B	993.70M
Gross Profit	2.05B	1.88B	1.89B	1.44B	-168.40M
EBITDA	1.63B	-727.30M	1.24B	-192.80M	-261.20M
Net Income	146.20M	-1.63B	178.20M	-972.10M	-7.21B
Balance Sheet
Total Assets	53.55B	53.58B	54.64B	54.92B	57.28B
Cash, Cash Equivalents and Short-Term Investments	5.29B	5.50B	3.33B	2.26B	2.14B
Total Debt	27.56B	27.90B	26.40B	27.13B	26.22B
Total Liabilities	32.51B	32.81B	31.69B	32.55B	34.48B
Stockholders Equity	17.67B	17.21B	19.18B	18.92B	19.38B
Cash Flow
Free Cash Flow	881.90M	2.06B	1.53B	831.70M	1.42B
Operating Cash Flow	2.19B	2.06B	2.44B	1.72B	1.42B
Investing Cash Flow	-537.10M	-791.40M	280.80M	620.80M	81.80M
Financing Cash Flow	-1.88B	1.30B	-1.64B	-2.24B	116.50M

Unibail Rodamco Westfield Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 82.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 82.44 is above the 20-day moving average (MA) of 80.76, above the 50-day MA of 81.26, and above the 200-day MA of 74.62, indicating a bullish trend. The MACD of 0.43 indicates Negative momentum. The RSI at 61.92 is Neutral, neither overbought nor oversold. The STOCH value of 80.04 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COVH	76 Outperform	€3.76B	17.63	6.05%	6.33%	21.46%	233.75%
LI	76 Outperform	€9.40B	8.62	13.21%	5.51%	5.89%	469.38%
Sector *	64 Neutral	€2.54B	19.30	3.70%	5.55%	3.72%	-0.02%
GFC	63 Neutral	€6.55B	12.88	4.93%	5.80%	3.84%	―
URW	62 Neutral	€11.81B	78.70		4.25%	6.37%	―
COV	62 Neutral	€6.15B	14.61	5.11%	6.26%	-7.25%	―
ICAD	54 Neutral	€1.57B	―	-4.49%	19.13%	-6.91%	80.39%