Reviewing Icade (CDMGF) and Its Peers

by · The Cerbat Gem

Icade (OTCMKTS:CDMGFGet Free Report) is one of 111 publicly-traded companies in the “Diversified REITs” industry, but how does it weigh in compared to its peers? We will compare Icade to related companies based on the strength of its dividends, profitability, risk, institutional ownership, valuation, analyst recommendations and earnings.

Institutional & Insider Ownership

19.3% of Icade shares are held by institutional investors. Comparatively, 39.1% of shares of all “Diversified REITs” companies are held by institutional investors. 12.0% of shares of all “Diversified REITs” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Icade and its peers’ net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
IcadeN/AN/AN/A
Icade Competitors-34.09%-4.54%0.57%

Earnings and Valuation

This table compares Icade and its peers top-line revenue, earnings per share and valuation.

Gross RevenueNet IncomePrice/Earnings Ratio
IcadeN/AN/A16.49
Icade Competitors$198.23 million$18.17 million7.00

Icade’s peers have higher revenue and earnings than Icade. Icade is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings and price targets for Icade and its peers, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Icade10001.00
Icade Competitors48624531933222.30

As a group, “Diversified REITs” companies have a potential upside of 6.70%. Given Icade’s peers stronger consensus rating and higher probable upside, analysts plainly believe Icade has less favorable growth aspects than its peers.

Dividends

Icade pays an annual dividend of $3.67 per share and has a dividend yield of 18.2%. Icade pays out 300.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Diversified REITs” companies pay a dividend yield of 6.7% and pay out -1,040.1% of their earnings in the form of a dividend.

Summary

Icade peers beat Icade on 9 of the 13 factors compared.

About Icade

(Get Free Report)

Icade is a full-service real estate company with expertise in both commercial property investment (portfolio worth 6.8bn on a full consolidation basis as of 12/31/2023) and property development (2023 economic revenue of 1.3bn) that operates throughout France. Icade has forged longterm partnerships to respond to emerging trends in the industry. It has made climate issues and the preservation of biodiversity central to its business model to reinvent real estate and contribute to more sustainable cities. It is listed as a SIIC on Euronext Paris and its leading shareholder is the Caisse des Dépôts group.