Aedifica/SA (BATS-CHIXE:AEDB) - Stock Price, News & Analysis

AEDB Stock Overview

Aedifica is a Regulated Real Estate Company under Belgian law specialised in European healthcare real estate, particularly in elderly care.

About the company

AEDB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	1/6
Financial Health	2/6
Dividends	6/6

Rewards

Trading at 22.6% below our estimate of its fair value

Earnings are forecast to grow 61.74% per year

Pays a high and reliable dividend of 6.44%

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Profit margins (7.6%) are lower than last year

Large one-off items impacting financial results

+ 1 more risk

Aedifica NV/SA Competitors

Primary Health Properties

LSE:PHP

UK£1.2b

Target Healthcare REIT

LSE:THRL

UK£475.1m

Impact Healthcare REIT

LSE:IHR

UK£346.4m

Big Yellow Group

LSE:BYG

UK£2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Aedifica/SA
Historical stock prices
Current Share Price	€58.30
52 Week High	€75.40
52 Week Low	€48.07
Beta	0.83
1 Month Change	9.84%
3 Month Change	n/a
1 Year Change	-20.68%
3 Year Change	-43.67%
5 Year Change	-26.94%
Change since IPO	22.50%

Recent updates

Shareholder Returns

	AEDB	GB Health Care REITs	GB Market
7D	0%	1.0%	2.3%
1Y	-20.7%	-14.4%	0.6%

Return vs Industry: AEDB underperformed the UK Health Care REITs industry which returned -12.5% over the past year.

Return vs Market: AEDB underperformed the UK Market which returned 0.3% over the past year.

Price Volatility

Is AEDB's price volatile compared to industry and market?
AEDB volatility
AEDB Average Weekly Movement	n/a
Health Care REITs Industry Average Movement	2.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: AEDB has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine AEDB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	127	Mrics Gielens	www.aedifica.eu

Aedifica is a Regulated Real Estate Company under Belgian law specialised in European healthcare real estate, particularly in elderly care. Aedifica has developed a portfolio of approx. 620 sites in Belgium, Germany, the Netherlands, the United Kingdom, Finland, Sweden, Ireland and Spain, worth more than €5.8 billion.

Aedifica NV/SA Fundamentals Summary

How do Aedifica/SA's earnings and revenue compare to its market cap?
AEDB fundamental statistics
Market cap	€2.88b
Earnings (TTM)	€24.54m
Revenue (TTM)	€321.11m

117.4x

P/E Ratio

9.0x

P/S Ratio

Is AEDB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AEDB income statement (TTM)
Revenue	€321.11m
Cost of Revenue	€19.65m
Gross Profit	€301.47m
Other Expenses	€276.93m
Earnings	€24.54m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)	0.52
Gross Margin	93.88%
Net Profit Margin	7.64%
Debt/Equity Ratio	64.0%

How did AEDB perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

51%

Payout Ratio

Does AEDB pay a reliable dividends?

See AEDB dividend history and benchmarks

When do you need to buy AEDB by to receive an upcoming dividend?
Aedifica/SA dividend dates
Ex Dividend Date	May 16 2024
Dividend Pay Date	May 22 2024
Days until Ex dividend	20 days
Days until Dividend pay date	26 days

Does AEDB pay a reliable dividends?

See AEDB dividend history and benchmarks

AEDB Stock Overview

Rewards

Risk Analysis

Aedifica NV/SA Competitors

LSE:PHP

UK£1.2b

LSE:THRL

UK£475.1m

LSE:IHR

UK£346.4m

LSE:BYG

UK£2.1b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: €0.56 (vs €8.71 in FY 2022)

Final dividend of €1.60 announced

Final dividend of €1.60 announced

Aedifica NV/SA to Report Nine Months, 2024 Results on Oct 30, 2024

Third quarter 2023 earnings released: EPS: €0.69 (vs €3.49 in 3Q 2022)

Aedifica NV/SA Revises Earnings Guidance for the Year 2023

Recent updates

Full year 2023 earnings released: EPS: €0.56 (vs €8.71 in FY 2022)

Final dividend of €1.60 announced

Final dividend of €1.60 announced

Aedifica NV/SA to Report Nine Months, 2024 Results on Oct 30, 2024

Third quarter 2023 earnings released: EPS: €0.69 (vs €3.49 in 3Q 2022)

Aedifica NV/SA Revises Earnings Guidance for the Year 2023

Aedifica NV/SA to Report Fiscal Year 2023 Results on Feb 21, 2024

Aedifica NV/SA Revises Earnings Guidance for the Year 2023

Investor sentiment deteriorates as stock falls 19%

Now 22% undervalued after recent price drop

An unknown buyer entered into an agreement to acquire portfolio of 10 buildings in Finland from Aedifica NV/SA (ENXTBR:AED) for €25.6 million.

First quarter 2023 earnings released: EPS: €0.40 (vs €3.23 in 1Q 2022)

Upcoming dividend of €1.60 per share at 4.9% yield

Full year 2022 earnings released: EPS: €8.71 (vs €8.10 in FY 2021)

Full year 2022 earnings released: EPS: €8.71 (vs €8.10 in FY 2021)

Aedifica SA Proposes Earnings Guidance for the Year 2023

High number of new directors

Aedifica SA to Report Q1, 2023 Results on May 10, 2023

High number of new directors

Aedifica SA (ENXTBR:AED) acquired St Mary’s Riverside.

Aedifica SA to Report Fiscal Year 2022 Final Results on Mar 30, 2023

Aedifica SA (ENXTBR:AED) acquired Marston Moretaine Gee View.

High number of new directors

Aedifica SA (ENXTBR:AED) acquired Four nursing homes in Dublin from bartra Healthcare for €161 million.

High number of new directors

Second quarter 2022 earnings released: EPS: €3.34 (vs €2.03 in 2Q 2021)

Aedifica SA Reconfirms Dividend Guidance for the Financial Year 2022

High number of new directors

Aedifica SA (ENXTBR:AED) announced an agreement to acquire A Care Home In Isle Of Man for approx. £10 million.

Aedifica SA (ENXTBR:AED) acquired Two Senior Housing Properties in Belgium for €50.2 million.

High number of new directors

Aedifica SA (ENXTBR:AED) acquired Creggan Bahn Court in Ayr for £8.5 million

High number of new directors

High number of new directors

Aedifica SA (ENXTBR:AED) agreed to acquire Care home in Somme-Leuze for €21 million.

Upcoming dividend of €1.58 per share

Aedifica SA to Report Q1, 2022 Results on May 11, 2022

Full year 2021 earnings released: EPS: €8.10 (vs €4.35 in FY 2020)

Now 21% undervalued after recent price drop

Aedifica Sa Proposes Dividend for the Financial Year 2021; Provides Dividend Guidance for the Financial Year 2022

Third quarter 2021 earnings released: EPS €1.61 (vs €0.70 in 3Q 2020)

Aedifica SA (ENXTBR:AED) completed the acquisition of portfolio of 16 specialist residential care centres in Sweden.

Second quarter 2021 earnings released: EPS €2.04 (vs €0.70 in 2Q 2020)

Aedifica SA (ENXTBR:AED) acquired care home in Durbuy for €20.7 million.

Aedifica SA (ENXTBR:AED) entered into an agreement to acquire Portfolio of 16 Specialist Residential Care Centres in Sweden.

First quarter 2021 earnings released: EPS €1.35 (vs €0.70 in 1Q 2020)

Upcoming dividend of €0.48 per share

Aedifica SA (ENXTBR:AED) acquired 6 development projects in Netherlands, United Kingdom, Finland and Germany for approximately €57 million.

New 90-day high: €104

New 90-day high: €101

Aedifica SA (ENXTBR:AED) acquired 3 nursing homes in the United Kingdom for approximately £40 million.

Aedifica SA (ENXTBR:AED) acquired Care Home in Tienen for €8 million.

Korian Signs Development Partnership with Aedifica in the Netherlands

Aedifica SA (ENXTBR:AED) acquired Familiehof from Vivalto Home Belgium SA for approximately €14 million.

Aedifica SA (ENXTBR:AED) acquired Bedfordshire Care Home from Hamberley Development Limited for approximately £16.5 million.

Aedifica SA (ENXTBR:AED) acquired innovative care campus in Geel (Belgium) for €42.6 million.

Shareholder Returns

Price Volatility

About the Company