View ValuationQrf Comm. VA 将来の成長Future 基準チェック /16Qrf Comm. VAの収益は年間21%で減少すると予測されていますが、年間収益は年間8.3%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に7.4% 30.8%なると予測されています。主要情報-21.0%収益成長率-30.82%EPS成長率Retail REITs 収益成長6.9%収益成長率8.3%将来の株主資本利益率7.40%アナリストカバレッジLow最終更新日24 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Oct 02Qrf Comm. VA announces Annual dividendQrf Comm. VA announced Annual dividend of EUR 0.4410 per share, ex-date on October 02, 2025 and record date on October 03, 2025.お知らせ • Sep 03+ 3 more updatesQrf Comm. VA to Report First Half, 2026 Results on Aug 27, 2026Qrf Comm. VA announced that they will report first half, 2026 results on Aug 27, 2026お知らせ • May 22Qrf Comm. VA announces Annual dividend, payable on May 27, 2025Qrf Comm. VA announced Annual dividend of EUR 0.5880 per share payable on May 27, 2025, ex-date on May 23, 2025 and record date on May 26, 2025.お知らせ • Sep 27+ 4 more updatesQrf Comm. VA to Report Q3, 2025 Results on Oct 23, 2025Qrf Comm. VA announced that they will report Q3, 2025 results on Oct 23, 2025Reported Earnings • Aug 28First half 2024 earnings released: EPS: €1.44 (vs €0.32 loss in 1H 2023)First half 2024 results: EPS: €1.44 (up from €0.32 loss in 1H 2023). Revenue: €6.90m (down 15% from 1H 2023). Net income: €11.2m (up €13.7m from 1H 2023). Revenue is expected to fall by 8.6% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.New Risk • Aug 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 10.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€81.1m market cap, or US$90.8m).Reported Earnings • Apr 11Full year 2023 earnings released: €0.32 loss per share (vs €1.68 profit in FY 2022)Full year 2023 results: €0.32 loss per share (down from €1.68 profit in FY 2022). Revenue: €15.1m (up 11% from FY 2022). Net loss: €2.46m (down 120% from profit in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.New Risk • Mar 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (36% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€75.5m market cap, or US$81.8m).Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Non-Independent Director Stefanie Broucke was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jan 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.0% to €9.72. The fair value is estimated to be €8.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 12% in 2 years. Earnings are forecast to decline by 12% in the next 2 years.Reported Earnings • Aug 23First half 2023 earnings released: €0.32 loss per share (vs €0.56 profit in 1H 2022)First half 2023 results: €0.32 loss per share (down from €0.56 profit in 1H 2022). Revenue: €8.12m (up 70% from 1H 2022). Net loss: €2.46m (down 160% from profit in 1H 2022). Revenue is expected to fall by 25% p.a. on average during the next 2 years compared to a 3.0% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.New Risk • Aug 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 41% Last year net profit margin: 76% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (41% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€77.2m market cap, or US$84.0m).Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €10.85, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 10x in the REITs industry in Europe. Total loss to shareholders of 12% over the past three years.Reported Earnings • Apr 25Full year 2020 earnings released: €0.74 loss per share (vs €2.91 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €13.8m (down 16% from FY 2019). Net loss: €5.31m (loss narrowed 74% from FY 2019). Net asset value (NAV) per share: €16.43 (down 8.2% from FY 2019). The current share price is 29% lower than NAV per share. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 18New 90-day high: €11.35The company is up 7.0% from its price of €10.65 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 14New 90-day low: €9.10The company is down 23% from its price of €11.75 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 2.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: €9.58The company is down 10.0% from its price of €10.70 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 5.0% over the same period.業績と収益の成長予測DB:2QR - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281911811212/31/20271811610212/31/20261712510212/31/2025141866N/A9/30/2025141188N/A6/30/20251431010N/A3/31/20251471010N/A12/31/202414111010N/A9/30/202416111010N/A6/30/20241911910N/A3/31/20241941010N/A12/31/202320-21111N/A9/30/20231821212N/A6/30/20231761212N/A3/31/20231591111N/A12/31/202214131010N/A9/30/202213111010N/A6/30/20221291010N/A3/31/202212699N/A12/31/202113299N/A9/30/202113-188N/A6/30/202113-577N/A3/31/202113-577N/A12/31/202014-577N/A9/30/202014-466N/A6/30/202015-366N/A3/31/202016-1277N/A12/31/201916-2099N/A9/30/201917-19N/A9N/A6/30/201917-18N/A10N/A3/31/201917-9N/A9N/A12/31/2018171N/A7N/A9/30/2018171N/A5N/A6/30/2018171N/A3N/A3/31/2018163N/A2N/A12/31/2017165N/A1N/A9/30/2017166N/A3N/A6/30/2017156N/A4N/A3/31/2017157N/A5N/A12/30/2016148N/A5N/A9/30/2016137N/A4N/A6/30/2016126N/A3N/A3/31/2016115N/A3N/A12/30/2015105N/A3N/A9/30/2015104N/A3N/A6/30/201594N/A4N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2QRの収益は今後 3 年間で減少すると予測されています (年間-21% )。収益対市場: 2QRの収益は今後 3 年間で減少すると予測されています (年間-21% )。高成長収益: 2QRの収益は今後 3 年間で減少すると予測されています。収益対市場: 2QRの収益 ( 8.3% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 2QRの収益 ( 8.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2QRの 自己資本利益率 は、3年後には低くなると予測されています ( 7.4 %)。成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 15:59終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Qrf Comm. VA 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Vincent KoppmairDegroof PetercamLynn HautekeeteKBC Securities NV
お知らせ • Oct 02Qrf Comm. VA announces Annual dividendQrf Comm. VA announced Annual dividend of EUR 0.4410 per share, ex-date on October 02, 2025 and record date on October 03, 2025.
お知らせ • Sep 03+ 3 more updatesQrf Comm. VA to Report First Half, 2026 Results on Aug 27, 2026Qrf Comm. VA announced that they will report first half, 2026 results on Aug 27, 2026
お知らせ • May 22Qrf Comm. VA announces Annual dividend, payable on May 27, 2025Qrf Comm. VA announced Annual dividend of EUR 0.5880 per share payable on May 27, 2025, ex-date on May 23, 2025 and record date on May 26, 2025.
お知らせ • Sep 27+ 4 more updatesQrf Comm. VA to Report Q3, 2025 Results on Oct 23, 2025Qrf Comm. VA announced that they will report Q3, 2025 results on Oct 23, 2025
Reported Earnings • Aug 28First half 2024 earnings released: EPS: €1.44 (vs €0.32 loss in 1H 2023)First half 2024 results: EPS: €1.44 (up from €0.32 loss in 1H 2023). Revenue: €6.90m (down 15% from 1H 2023). Net income: €11.2m (up €13.7m from 1H 2023). Revenue is expected to fall by 8.6% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
New Risk • Aug 26New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 10.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€81.1m market cap, or US$90.8m).
Reported Earnings • Apr 11Full year 2023 earnings released: €0.32 loss per share (vs €1.68 profit in FY 2022)Full year 2023 results: €0.32 loss per share (down from €1.68 profit in FY 2022). Revenue: €15.1m (up 11% from FY 2022). Net loss: €2.46m (down 120% from profit in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
New Risk • Mar 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (36% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€75.5m market cap, or US$81.8m).
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Non-Executive Non-Independent Director Stefanie Broucke was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jan 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 5.0% to €9.72. The fair value is estimated to be €8.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 12% in 2 years. Earnings are forecast to decline by 12% in the next 2 years.
Reported Earnings • Aug 23First half 2023 earnings released: €0.32 loss per share (vs €0.56 profit in 1H 2022)First half 2023 results: €0.32 loss per share (down from €0.56 profit in 1H 2022). Revenue: €8.12m (up 70% from 1H 2022). Net loss: €2.46m (down 160% from profit in 1H 2022). Revenue is expected to fall by 25% p.a. on average during the next 2 years compared to a 3.0% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
New Risk • Aug 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 41% Last year net profit margin: 76% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (41% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€77.2m market cap, or US$84.0m).
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €10.85, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 10x in the REITs industry in Europe. Total loss to shareholders of 12% over the past three years.
Reported Earnings • Apr 25Full year 2020 earnings released: €0.74 loss per share (vs €2.91 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: €13.8m (down 16% from FY 2019). Net loss: €5.31m (loss narrowed 74% from FY 2019). Net asset value (NAV) per share: €16.43 (down 8.2% from FY 2019). The current share price is 29% lower than NAV per share. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 18New 90-day high: €11.35The company is up 7.0% from its price of €10.65 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the REITs industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 14New 90-day low: €9.10The company is down 23% from its price of €11.75 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: €9.58The company is down 10.0% from its price of €10.70 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 5.0% over the same period.