XBRUAED
Market cap2.74bUSD
Dec 20, Last price
55.25EUR
1D
1.94%
1Q
-12.44%
Jan 2017
-16.65%
IPO
66.19%
Name
Aedifica NV
Chart & Performance
P/E
107.08
P/S
8.18
EPS
0.52
Div Yield, %
4.41%
Shrs. gr., 5y
18.27%
Rev. gr., 5y
27.80%
Revenues
321m
+15.99%
Net income
25m
-92.60%
CFO
230m
+5.00%
Dividend
May 17, 20241.8844 EUR/sh
Earnings
Feb 19, 2025
Profile
Aedifica is a Belgian listed company that offers sustainable real estate solutions to professional operators that provide care to people with care needs throughout Europe. To realise that mission, Aedifica has specialised in investments in quality European healthcare real estate, with a particular focus on the care needs of the elderly. Aedifica has established itself in recent years as a leader in the European listed real estate sector and has the ambition to further expand this position in the coming years. By investing in quality buildings that generate recurring and indexed rental income and offer potential for capital gains, Aedifica aims to offer its shareholders a reliable and sustainable real estate investment with an attractive yield. Aedifica is listed on Euronext Brussels (2006) and Euronext Amsterdam (2019). Since March 2020, Aedifica is part of the BEL 20, the leading share index of Euronext Brussels.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑06 | 2018‑06 | 2017‑06 | 2016‑06 | 2015‑06 | |
| Income | |||||||||
Revenues | 321,367 15.99% | 277,066 17.22% | 236,362 23.73% | ||||||
Cost of revenue | 31,061 | 21,743 | 17,980 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 290,306 | 255,323 | 218,382 | ||||||
NOPBT Margin | 90.33% | 92.15% | 92.39% | ||||||
Operating Taxes | (25,619) | 54,675 | 56,729 | ||||||
Tax Rate | 21.41% | 25.98% | |||||||
NOPAT | 315,925 | 200,648 | 161,653 | ||||||
Net income | 24,535 -92.60% | 331,778 17.73% | 281,824 171.26% | ||||||
Dividends | (115,988) | (119,077) | (281,156) | ||||||
Dividend yield | 4.17% | 4.03% | 6.87% | ||||||
Proceeds from repurchase of equity | 374,209 | (119,192) | (137,486) | ||||||
BB yield | -13.45% | 4.03% | 3.36% | ||||||
| Debt | |||||||||
Debt current | 324,347 | 438,651 | 327,014 | ||||||
Long-term debt | 2,111,478 | 2,164,909 | 1,873,557 | ||||||
Deferred revenue | 13,594 | 10,198 | |||||||
Other long-term liabilities | 16,229 | (3,070) | 29,325 | ||||||
Net debt | 2,282,922 | 2,425,626 | (2,723,827) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 229,528 | 218,597 | 198,272 | ||||||
CAPEX | (986) | (863) | (4,263) | ||||||
Cash from investing activities | (258,801) | (683,406) | (820,927) | ||||||
Cash from financing activities | 33,635 | 463,365 | 614,444 | ||||||
FCF | 322,627 | 167,962 | 162,098 | ||||||
| Balance | |||||||||
Cash | 18,253 | 13,891 | 15,335 | ||||||
Long term investments | 134,650 | 164,043 | 4,909,063 | ||||||
Excess cash | 136,835 | 164,081 | 4,912,580 | ||||||
Stockholders' equity | 1,370,121 | 2,213,014 | 1,847,857 | ||||||
Invested Capital | 5,818,357 | 5,641,611 | 3,113,298 | ||||||
ROIC | 5.51% | 4.58% | 5.59% | ||||||
ROCE | 4.76% | 4.28% | 4.30% | ||||||
| EV | |||||||||
Common stock shares outstanding | 43,706 | 39,011 | 35,609 | ||||||
Price | 63.65 -16.03% | 75.80 -34.03% | 114.90 16.89% | ||||||
Market cap | 2,781,895 -5.92% | 2,957,067 -27.73% | 4,091,504 48.02% | ||||||
EV | 5,069,856 | 5,838,058 | 1,741,259 | ||||||
EBITDA | 293,954 | 258,809 | 220,042 | ||||||
EV/EBITDA | 17.25 | 22.56 | 7.91 | ||||||
Interest | 72,629 | 25,097 | 18,598 | ||||||
Interest/NOPBT | 25.02% | 9.83% | 8.52% | ||||||