Critical Review: Icade (CDMGF) and Its Peers

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

Profitability

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

Valuation & Earnings

This table compares Icade and its competitors gross revenue, earnings per share (EPS) and valuation.

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

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 6.6% and pay out -2,820.2% of their earnings in the form of a dividend.

Analyst Recommendations

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

As a group, “Diversified REITs” companies have a potential upside of 5.45%. Given Icade’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Icade has less favorable growth aspects than its competitors.

Insider and Institutional 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

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

Icade Company Profile

(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.