Financial Review: Icade (CDMGF) and The Competition

by · The Markets Daily

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

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Icade and its rivals, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Icade10001.00
Icade Competitors48024471922212.30

As a group, “Diversified REITs” companies have a potential upside of 3.52%. Given Icade’s rivals stronger consensus rating and higher probable upside, analysts clearly believe Icade has less favorable growth aspects than its rivals.

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 6.5% and pay out -2,499.6% of their earnings in the form of a dividend.

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 insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Icade and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross RevenueNet IncomePrice/Earnings Ratio
IcadeN/AN/A16.49
Icade Competitors$198.75 million$18.17 million6.77

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

Profitability

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

Net MarginsReturn on EquityReturn on Assets
IcadeN/AN/AN/A
Icade Competitors-35.62%-4.71%0.49%

Summary

Icade rivals 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.