Eurocommercial Properties stock
ECMPA.ASAMSEurocommercial Properties N.V., Real EstateISIN NL0015000K93
60Score 60 out of 100, Neutral
Price and trend
49 / 100
Price history
−3.4% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 5.2% below it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 48).
The price is 12% below its 52-week high. Largest decline in 20 years: 82% (October 2015 to April 2020).
Chart figures for advanced users
- SMA 50$28.95
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$29.98
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)48
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$27.54
- The lowest closing price of the last twelve months.
- Resistance$32.44
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Eurocommercial Properties N.V. belongs to the REIT (Retail) industry (Netherlands) and, with a market value of $1.71B, is number 22 of 37 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $315.22M (up 4.2% year on year) and earnings of $138.39M (down 29.7%).
- For fiscal 2026, analysts expect on average revenue of $271.52M (down 13.9%) and adjusted earnings per share of $2.74.
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- MEQIRI Score 60 out of 100 (Neutral): rank 86 of 327 in Real Estate, median 55.
- The P/E is 7.7 (REIT (Retail) median 17.6, own median of recent years 13.9).
- For real estate investment trusts (REITs) what counts is funds from operations (FFO and AFFO). The P/E and the payout ratio of earnings say little here, because depreciation on properties depresses earnings.
- Our model puts fair value at $37.21, with the price 24% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High marginNet margin 64.5% over the last 12 months, REIT (Retail) median 32.3%.Profitability 62
- Modestly valuedP/E 7.7, REIT (Retail) median 17.6, own median 13.9.Valuation 74
- Earnings per share growingUp 18.6% a year since 2020.Growth 77
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are growth and valuation, while momentum and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $31.01 and expensive above $46.51 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $42.47 (cash-flow model) and $31.95 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 7.3%. At 8.3% the fair value would be $33.66, at 6.3% it would be $42.53.
Valuation metrics
Half from the cash-flow model, half from operating cash flow per share times the median price to cash flow of the REIT industry (13.1). For the fair value, FFO only counts when it is in line with operating cash flow. That is not the case here, for example because the REIT carries its properties at market value, records little depreciation or a gain on sale sits in earnings. The cash-flow model uses AFFO: operating cash flow less maintenance, estimated at 5% of revenue. New construction and acquisitions do not count as running costs there.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 2.6% on the twelve months before. Revenue has grown solidly since 2005, at about 5% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 67%, operating 64%, net 44%. Last 12 months: net 64%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 3 Mar 2027in 111 days
- Last reported
- 29 Oct 2026EPS reported $1.12
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $2.74−1.4%
- Revenue
- $271.52M+1.1%
- Earnings per share
- $2.94−0.4%
- Revenue
- $292.51M+4.7%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +0.9%Guidance for the direct investment result of 45 to 50 per share reaffirmed, with further growth expected in 2027.
“The guidance, direct investment result reaffirmed to 45 to 50 per share with further growth expected in 2027.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at Eurocommercial Properties
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
327 rated companies in Real Estate
- This company
- 60
- Sector median
- 55
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in REIT (Retail)
The next larger and next smaller companies by market value
- InvenTrust PropertiesIVT $2.48B60
- NETSTREITNTST $2.36B51
- CarmilaCARM.PA $2.36B59
- Getty RealtyGTY $1.91B54
- CBL & Associates PropertiesCBL $1.65B66
- Alexander'sALX $1.27B64
- FreyFREY.PA $1.19B60
- Retail EstatesRET.BR $1.07B62
ETFs that hold Eurocommercial Properties
Held by 24 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares European Property Yield UCITS ETFIPRE | 0.90% | 0.40% | €193.25M |
| State Street SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETFZPRP | 0.82% | 0.30% | €113.99M |
| Xtrackers FTSE Developed Europe ex UK Real Estate UCITS ETF 1CXREA | 0.81% | 0.33% | €18.23M |
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| WisdomTree Europe SmallCap Dividend UCITS ETFWTES | 0.68% | 0.38% | €86.74M |
| Xtrackers FTSE Developed Europe Real Estate UCITS ETF 1CD5BK | 0.55% | 0.33% | €639.74M |
| Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF DISTLGWU | 0.49% | 0.40% | €575.19M |
| UBS MSCI EMU Small Cap UCITS ETF EUR disUEFD | 0.21% | 0.28% | €627.81M |
| Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF DistX026 | 0.17% | 0.23% | €319.31M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 May 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.