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ECMPA.AS Euronext Amsterdam Commercial REITs

Eurocommercial Properties NV

€28,25
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Mcap
P/E
EV / Rev
Div yield
6,56 %
Op margin
92,9 %
ROE
5,8 %
Net margin
45,4 %
Debt / equity
0,73
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Eurocommercial Properties NV owns, operates, and develops commercial real estate in Europe, generating revenue primarily through rental income from its portfolio of retail and office properties.

Business. Eurocommercial Properties NV is a commercial real estate investment trust (REIT) that generates revenue primarily through rental income. The company is headquartered in the Netherlands and is listed on the Euronext Amsterdam under the ticker symbol ECMPA.AS. Specific details regarding its operating segments and geographic mix are not provided in the available data.

Classification92 %
SectorReal Estate
IndustryCommercial REITs
Generated · model-assisted
Sell-side consensus
BUY11 analysts
9 buy2 hold0 sell
Avg 12m price target30,26

Analyst recommendations

11 analysts · consensus Buy
Buy9
Hold2
Sell0
12-month price target
30,26
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
11 analysts · indicative
Ownership
not yet wired
Profitability
5,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ECMPA.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ECMPA.AS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Eurocommercial Properties NV is a commercial real estate investment trust (REIT) that generates revenue primarily through rental income. The company is headquartered in the Netherlands and is listed on the Euronext Amsterdam under the ticker symbol ECMPA.AS. Specific details regarding its operating segments and geographic mix are not provided in the available data.

    Classification92 %
    SectorReal Estate
    IndustryCommercial REITs
    AI synthesis
    GENERATED

    Eurocommercial Properties has a debt-to-equity ratio of 0.73 and a current ratio of 0.2, indicating a moderate level of leverage and limited short-term liquidity. The company's cash and equivalents amount to EUR 65,000, which is significantly lower than its long-term debt of EUR 1.59 billion, suggesting a potential liquidity risk.

    The company's profitability is reflected in a return on equity (ROE) of 5.75% and a return on assets (ROA) of 3.04%. These figures are below the industry median for Commercial REITs, indicating that Eurocommercial Properties is underperforming in terms of capital efficiency and asset utilization.

    Eurocommercial Properties derives its revenue from a concentrated geographic and segment exposure, with the majority of its income coming from retail and office properties in Europe. The company's revenue is not diversified across multiple regions or business lines, which could expose it to regional economic downturns or sector-specific risks.

    Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or decline projected in the current or next fiscal year. This is supported by the company's consistent operating cash flow of EUR 119.25 million and a free cash flow of EUR 18.61 million.

    The risk assessment for Eurocommercial Properties indicates a medium liquidity risk and a low dilution risk. The company's net cash position is negative after accounting for total debt, which could limit its ability to fund operations or pursue growth opportunities without external financing. However, the low dilution risk suggests that the company is not expected to issue additional shares in the near term, preserving shareholder value.

    Recent filings and transcripts indicate that the company is focused on maintaining its portfolio's value and optimizing its capital structure. Analysts have provided a mean price target of EUR 30.26, with a median of EUR 30.00, suggesting a generally positive outlook despite the company's current financial position.

    Key takeaways
    • Eurocommercial Properties has a moderate debt load and limited short-term liquidity.
    • The company's ROE and ROA are below industry medians, indicating underperformance in capital efficiency.
    • Revenue is concentrated in retail and office properties in Europe, exposing the company to regional and sector-specific risks.
    • Analysts project a stable revenue trajectory with a mean price target of EUR 30.26.
    • The company faces a medium liquidity risk but a low dilution risk, preserving shareholder value in the near term.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    €28,25
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    €2.16B
    Net cash
    -€1.59B
    Current ratio
    0.2
    Debt / equity
    0.7
    ROA
    3.0%
    ROE
    5.8%
    Cash conversion
    96.0%
    CapEx / revenue
    -13.4%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    2,48
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    11
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-23 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate2,48
    Revenueno estimateno estimate244,1M EUR
    Operating incomeno estimateno estimate195,4M EUR
    Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution11 analysts
    Strong buy3
    Buy6
    Hold2
    Sell0
    Strong sell0
    12-month price target€30,26 · Median €30,00
    Low €28,00High €32,00
    Operating income · consensus195,4M EUR
    EPS surprise
    −5,2 %
    reported vs consensus · miss
    Revenue surprise
    −6,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low€28,00
    Mean€30,26
    Median€30,00
    High€32,00
    Spot€28,25
    +7.1 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin92,9 %Best in class
    Net Margin45,4 %Above median
    ROE5,8 %Above median
    Capex / Rev-13,4 %Below median
    D/E0,73Below median
    Cash Conv0,96Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Eurocommercial Properties NV Market data — financials · 2026-05-27
    • Eurocommercial Properties NV Market data — analyst estimates · 2026-05-27
    • Eurocommercial Properties NV Market data — ESG · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ECMPA.ASCanonical
    Euronext Amsterdam · EUR

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage