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Home Invest Belgium - Sifi
Buy, Hold or Sell?

Let's analyze Home Invest Belgium - Sifi together

I guess you are interested in Home Invest Belgium - Sifi. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Home Invest Belgium - Sifi. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Home Invest Belgium - Sifi (30 sec.)










What can you expect buying and holding a share of Home Invest Belgium - Sifi? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.58
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
‚ā¨20.78
Expected worth in 1 year
‚ā¨22.31
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨2.06
Return On Investment
11.7%

For what price can you sell your share?

Current Price per Share
‚ā¨17.66
Expected price per share
‚ā¨16.38 - ‚ā¨18.60
How sure are you?
50%
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1. Valuation of Home Invest Belgium - Sifi (5 min.)




Live pricePrice per Share (EOD)

‚ā¨17.66

Intrinsic Value Per Share

‚ā¨3.17 - ‚ā¨9.11

Total Value Per Share

‚ā¨23.95 - ‚ā¨29.89

2. Growth of Home Invest Belgium - Sifi (5 min.)




Is Home Invest Belgium - Sifi growing?

Current yearPrevious yearGrowGrow %
How rich?$454.7m$446.3m$8.3m1.8%

How much money is Home Invest Belgium - Sifi making?

Current yearPrevious yearGrowGrow %
Making money-$15.5m$62.3m-$77.8m-500.7%
Net Profit Margin-39.3%175.8%--

How much money comes from the company's main activities?

3. Financial Health of Home Invest Belgium - Sifi (5 min.)




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What can you expect buying and holding a share of Home Invest Belgium - Sifi? (5 min.)

Welcome investor! Home Invest Belgium - Sifi's management wants to use your money to grow the business. In return you get a share of Home Invest Belgium - Sifi.

What can you expect buying and holding a share of Home Invest Belgium - Sifi?

First you should know what it really means to hold a share of Home Invest Belgium - Sifi. And how you can make/lose money.

Speculation

The Price per Share of Home Invest Belgium - Sifi is ‚ā¨17.66. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Home Invest Belgium - Sifi.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Home Invest Belgium - Sifi, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨20.78. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.38 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨3.34 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.13 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Home Invest Belgium - Sifi.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps-0.77-4.4%-0.77-4.4%3.1017.5%1.8010.2%1.609.1%
Usd Book Value Change Per Share0.422.4%0.422.4%3.6320.6%1.619.1%1.216.8%
Usd Dividend Per Share0.140.8%0.140.8%0.945.3%0.754.3%0.784.4%
Usd Total Gains Per Share0.563.2%0.563.2%4.5825.9%2.3613.4%1.9911.3%
Usd Price Per Share16.87-16.87-23.73-84.65-91.59-
Price to Earnings Ratio-21.82--21.82-7.66-40.05-71.31-
Price-to-Total Gains Ratio30.04-30.04-5.18-49.89-64.83-
Price to Book Ratio0.75-0.75-1.07-4.77-6.57-
Price-to-Total Gains Ratio30.04-30.04-5.18-49.89-64.83-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share19.224676
Number of shares52
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.140.75
Usd Book Value Change Per Share0.421.61
Usd Total Gains Per Share0.562.36
Gains per Quarter (52 shares)29.21122.97
Gains per Year (52 shares)116.82491.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13087107157335482
260173224314670974
39026034147010051466
412034745862713401958
515143457578416752450
618152069294120112942
7211607809109823463434
8241694926125426813926
92717801043141130164418
103018671160156833514910

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%15.01.00.093.8%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%15.01.00.093.8%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.00.00.0100.0%
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Fundamentals of Home Invest Belgium - Sifi

About Home Invest Belgium - Sifi

Home Invest Belgium S.A. operates as a real estate investment company in Belgium. It primarily invests in residential properties. As of December 31, 2008, the company's real estate portfolio consisted of 992 rental units with a total rentable space of approximately 111,091 square meters. The company was formerly known as Home Invest and changed its name to Home Invest Belgium S.A. in May 1999. Home Invest Belgium S.A. was founded in 1980 and is based in Brussels, Belgium.

Fundamental data was last updated by Penke on 2024-07-07 23:37:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.
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1.1. Profitability of Home Invest Belgium - Sifi.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Home Invest Belgium - Sifi earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • A Net Profit Margin of -39.3%¬†means that¬†€-0.39 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Home Invest Belgium - Sifi:

  • The MRQ is -39.3%. The company is making a huge loss. -2
  • The TTM is -39.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-39.3%TTM-39.3%0.0%
TTM-39.3%YOY175.8%-215.1%
TTM-39.3%5Y116.8%-156.1%
5Y116.8%10Y116.9%-0.1%
1.1.2. Return on Assets

Shows how efficient Home Invest Belgium - Sifi is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • -1.8% Return on Assets means that¬†Home Invest Belgium - Sifi generated¬†€-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Home Invest Belgium - Sifi:

  • The MRQ is -1.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.8%TTM-1.8%0.0%
TTM-1.8%YOY7.0%-8.8%
TTM-1.8%5Y4.7%-6.5%
5Y4.7%10Y5.2%-0.5%
1.1.3. Return on Equity

Shows how efficient Home Invest Belgium - Sifi is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • -3.4% Return on Equity means Home Invest Belgium - Sifi generated €-0.03¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Home Invest Belgium - Sifi:

  • The MRQ is -3.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.4%TTM-3.4%0.0%
TTM-3.4%YOY14.0%-17.4%
TTM-3.4%5Y9.8%-13.2%
5Y9.8%10Y10.4%-0.7%
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1.2. Operating Efficiency of Home Invest Belgium - Sifi.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Home Invest Belgium - Sifi is operating .

  • Measures how much profit Home Invest Belgium - Sifi makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • An Operating Margin of 53.1%¬†means the company generated €0.53 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Home Invest Belgium - Sifi:

  • The MRQ is 53.1%. The company is operating very efficient. +2
  • The TTM is 53.1%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ53.1%TTM53.1%0.0%
TTM53.1%YOY80.6%-27.5%
TTM53.1%5Y125.9%-72.7%
5Y125.9%10Y132.7%-6.9%
1.2.2. Operating Ratio

Measures how efficient Home Invest Belgium - Sifi is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†REIT - Residential industry mean).
  • An Operation Ratio of 0.47 means that the operating costs are €0.47 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Home Invest Belgium - Sifi:

  • The MRQ is 0.469. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.469. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.469TTM0.4690.000
TTM0.469YOY0.317+0.151
TTM0.4695Y0.374+0.095
5Y0.37410Y0.391-0.017
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1.3. Liquidity of Home Invest Belgium - Sifi.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Home Invest Belgium - Sifi is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†REIT - Residential industry mean).
  • A Current Ratio of 0.11¬†means the company has €0.11 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Home Invest Belgium - Sifi:

  • The MRQ is 0.106. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.106. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.106TTM0.1060.000
TTM0.106YOY0.186-0.080
TTM0.1065Y0.153-0.048
5Y0.15310Y0.689-0.535
1.3.2. Quick Ratio

Measures if Home Invest Belgium - Sifi is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • A Quick Ratio of 0.08¬†means the company can pay off €0.08 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Home Invest Belgium - Sifi:

  • The MRQ is 0.080. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.080. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.080TTM0.0800.000
TTM0.080YOY-0.579+0.660
TTM0.0805Y-0.028+0.108
5Y-0.02810Y0.431-0.459
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1.4. Solvency of Home Invest Belgium - Sifi.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Home Invest Belgium - Sifi assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Home Invest Belgium - Sifi to REIT - Residential industry mean.
  • A Debt to Asset Ratio of 0.48¬†means that Home Invest Belgium - Sifi assets are¬†financed with 48.3% credit (debt) and the remaining percentage (100% - 48.3%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Home Invest Belgium - Sifi:

  • The MRQ is 0.483. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.483. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.483TTM0.4830.000
TTM0.483YOY0.495-0.012
TTM0.4835Y0.511-0.028
5Y0.51110Y0.494+0.017
1.4.2. Debt to Equity Ratio

Measures if Home Invest Belgium - Sifi is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • A Debt to Equity ratio of 93.4% means that company has €0.93 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Home Invest Belgium - Sifi:

  • The MRQ is 0.934. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.934. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.934TTM0.9340.000
TTM0.934YOY0.981-0.047
TTM0.9345Y1.047-0.114
5Y1.04710Y0.990+0.057
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2. Market Valuation of Home Invest Belgium - Sifi

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Home Invest Belgium - Sifi generates.

  • Above 15 is considered overpriced but¬†always compare¬†Home Invest Belgium - Sifi to the¬†REIT - Residential industry mean.
  • A PE ratio of -21.82 means the investor is paying €-21.82¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Home Invest Belgium - Sifi:

  • The EOD is -24.860. Based on the earnings, the company is expensive. -2
  • The MRQ is -21.819. Based on the earnings, the company is expensive. -2
  • The TTM is -21.819. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-24.860MRQ-21.819-3.041
MRQ-21.819TTM-21.8190.000
TTM-21.819YOY7.656-29.475
TTM-21.8195Y40.053-61.873
5Y40.05310Y71.312-31.258
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Home Invest Belgium - Sifi:

  • The EOD is 17.413. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 15.283. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 15.283. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD17.413MRQ15.283+2.130
MRQ15.283TTM15.2830.000
TTM15.283YOY-52.398+67.681
TTM15.2835Y-227.861+243.144
5Y-227.86110Y57.662-285.523
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Home Invest Belgium - Sifi is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to REIT - Residential industry mean).
  • A PB ratio of 0.75 means the investor is paying €0.75¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Home Invest Belgium - Sifi:

  • The EOD is 0.850. Based on the equity, the company is cheap. +2
  • The MRQ is 0.746. Based on the equity, the company is cheap. +2
  • The TTM is 0.746. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.850MRQ0.746+0.104
MRQ0.746TTM0.7460.000
TTM0.746YOY1.069-0.323
TTM0.7465Y4.771-4.025
5Y4.77110Y6.570-1.799
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Home Invest Belgium - Sifi compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3830.3830%3.338-89%1.480-74%1.108-65%
Book Value Per Share--20.78120.7810%20.398+2%17.814+17%14.376+45%
Current Ratio--0.1060.1060%0.186-43%0.153-31%0.689-85%
Debt To Asset Ratio--0.4830.4830%0.495-2%0.511-5%0.494-2%
Debt To Equity Ratio--0.9340.9340%0.981-5%1.047-11%0.990-6%
Dividend Per Share--0.1330.1330%0.868-85%0.692-81%0.719-82%
Eps---0.710-0.7100%2.847-125%1.653-143%1.472-148%
Free Cash Flow Per Share--1.0141.0140%-0.416+141%0.328+210%0.228+345%
Free Cash Flow To Equity Per Share--1.5581.5580%0.292+433%0.731+113%0.738+111%
Gross Profit Margin--1.0021.0020%0.999+0%0.999+0%1.000+0%
Intrinsic Value_10Y_max--9.113--------
Intrinsic Value_10Y_min--3.171--------
Intrinsic Value_1Y_max--0.455--------
Intrinsic Value_1Y_min--0.211--------
Intrinsic Value_3Y_max--1.716--------
Intrinsic Value_3Y_min--0.731--------
Intrinsic Value_5Y_max--3.398--------
Intrinsic Value_5Y_min--1.351--------
Market Cap355026044.000+12%311602700.000311602700.0000%438153603.000-29%1563220280.600-80%1691389507.300-82%
Net Profit Margin---0.393-0.3930%1.758-122%1.168-134%1.169-134%
Operating Margin--0.5310.5310%0.806-34%1.259-58%1.327-60%
Operating Ratio--0.4690.4690%0.317+48%0.374+25%0.391+20%
Pb Ratio0.850+12%0.7460.7460%1.069-30%4.771-84%6.570-89%
Pe Ratio-24.860-14%-21.819-21.8190%7.656-385%40.053-154%71.312-131%
Price Per Share17.660+12%15.50015.5000%21.795-29%77.759-80%84.135-82%
Price To Free Cash Flow Ratio17.413+12%15.28315.2830%-52.398+443%-227.861+1591%57.662-73%
Price To Total Gains Ratio34.229+12%30.04330.0430%5.182+480%49.892-40%64.827-54%
Quick Ratio--0.0800.0800%-0.579+823%-0.028+134%0.431-81%
Return On Assets---0.018-0.0180%0.070-125%0.047-138%0.052-134%
Return On Equity---0.034-0.0340%0.140-124%0.098-135%0.104-133%
Total Gains Per Share--0.5160.5160%4.206-88%2.172-76%1.827-72%
Usd Book Value--454774624.600454774624.6000%446394581.800+2%389841901.718+17%314620898.725+45%
Usd Book Value Change Per Share--0.4170.4170%3.634-89%1.611-74%1.206-65%
Usd Book Value Per Share--22.62222.6220%22.205+2%19.392+17%15.650+45%
Usd Dividend Per Share--0.1450.1450%0.944-85%0.754-81%0.783-82%
Usd Eps---0.773-0.7730%3.099-125%1.800-143%1.603-148%
Usd Free Cash Flow--22195465.40022195465.4000%-9102873.200+141%7169168.635+210%4985398.281+345%
Usd Free Cash Flow Per Share--1.1041.1040%-0.453+141%0.357+210%0.248+345%
Usd Free Cash Flow To Equity Per Share--1.6961.6960%0.318+433%0.795+113%0.803+111%
Usd Market Cap386481351.498+12%339210699.220339210699.2200%476974012.226-29%1701721597.461-80%1841246617.647-82%
Usd Price Per Share19.225+12%16.87316.8730%23.726-29%84.648-80%91.589-82%
Usd Profit---15546296.600-15546296.6000%62300578.000-125%36183322.240-143%32369325.052-148%
Usd Revenue--39553192.40039553192.4000%35436107.200+12%33107121.743+19%28154131.083+40%
Usd Total Gains Per Share--0.5620.5620%4.579-88%2.365-76%1.989-72%
 EOD+5 -3MRQTTM+0 -0YOY+17 -195Y+16 -2010Y+16 -20

3.2. Fundamental Score

Let's check the fundamental score of Home Invest Belgium - Sifi based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-24.860
Price to Book Ratio (EOD)Between0-10.850
Net Profit Margin (MRQ)Greater than0-0.393
Operating Margin (MRQ)Greater than00.531
Quick Ratio (MRQ)Greater than10.080
Current Ratio (MRQ)Greater than10.106
Debt to Asset Ratio (MRQ)Less than10.483
Debt to Equity Ratio (MRQ)Less than10.934
Return on Equity (MRQ)Greater than0.15-0.034
Return on Assets (MRQ)Greater than0.05-0.018
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Home Invest Belgium - Sifi based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.028
Ma 20Greater thanMa 5017.429
Ma 50Greater thanMa 10017.728
Ma 100Greater thanMa 20016.624
OpenGreater thanClose17.280
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Short-term Investments  -1,9431,617-325-1,500-1,825-29,608-31,43331,858425
Income before Tax  55,578-36,42819,15029,93649,0868,40057,486-72,086-14,600
Net Income  55,490-36,60318,88729,97948,8668,36457,230-71,511-14,281
Net Income from Continuing Operations  55,490-36,60318,88729,97948,8668,36457,230-59,228-1,998



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets807,808
Total Liabilities390,047
Total Stockholder Equity417,761
 As reported
Total Liabilities 390,047
Total Stockholder Equity+ 417,761
Total Assets = 807,808

Assets

Total Assets807,808
Total Current Assets6,485
Long-term Assets801,323
Total Current Assets
Cash And Cash Equivalents 2,609
Short-term Investments 425
Net Receivables 1,874
Inventory 0
Total Current Assets  (as reported)6,485
Total Current Assets  (calculated)4,908
+/- 1,577
Long-term Assets
Property Plant Equipment 68
Intangible Assets 577
Other Assets 807,808
Long-term Assets  (as reported)801,323
Long-term Assets  (calculated)808,453
+/- 7,130

Liabilities & Shareholders' Equity

Total Current Liabilities61,215
Long-term Liabilities328,833
Total Stockholder Equity417,761
Total Current Liabilities
Short-term Debt 51,795
Short Long Term Debt 51,000
Accounts payable 4,258
Other Current Liabilities 4,255
Total Current Liabilities  (as reported)61,215
Total Current Liabilities  (calculated)111,308
+/- 50,093
Long-term Liabilities
Long term Debt 277,884
Long-term Liabilities Other 1
Long-term Liabilities  (as reported)328,833
Long-term Liabilities  (calculated)277,885
+/- 50,948
Total Stockholder Equity
Common Stock101,810
Retained Earnings 3,988
Accumulated Other Comprehensive Income 249,438
Other Stockholders Equity 62,525
Total Stockholder Equity (as reported)417,761
Total Stockholder Equity (calculated)417,761
+/-0
Other
Capital Stock101,810
Cash and Short Term Investments 2,609
Common Stock Shares Outstanding 18,702
Current Deferred Revenue907
Liabilities and Stockholders Equity 807,808
Net Debt 375,795
Net Invested Capital 746,644
Net Working Capital -54,730
Property Plant and Equipment Gross 1,374
Short Long Term Debt Total 378,404



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-31
> Total Assets 
214,426
234,269
239,547
273,479
270,393
325,100
331,781
363,062
419,302
470,061
551,106
639,169
653,909
737,012
812,362
807,808
807,808812,362737,012653,909639,169551,106470,061419,302363,062331,781325,100270,393273,479239,547234,269214,426
   > Total Current Assets 
5,102
7,108
4,825
15,493
26,379
17,166
14,171
16,013
9,429
11,059
6,237
5,740
6,635
8,623
8,025
6,485
6,4858,0258,6236,6355,7406,23711,0599,42916,01314,17117,16626,37915,4934,8257,1085,102
       Cash And Cash Equivalents 
1,543
1,965
1,037
1,701
2,634
3,883
4,926
2,487
3,438
7,184
3,240
4,201
3,328
4,186
4,284
2,609
2,6094,2844,1863,3284,2013,2407,1843,4382,4874,9263,8832,6341,7011,0371,9651,543
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
-1,943
-325
-1,825
-31,433
425
425-31,433-1,825-325-1,94300000000000
       Net Receivables 
0
0
0
0
0
3,581
3,127
10,728
4,009
3,766
1,286
1,812
3,014
3,301
2,151
1,874
1,8742,1513,3013,0141,8121,2863,7664,00910,7283,1273,58100000
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
-294
293
0
540
0
05400293-29400000000000
   > Long-term Assets 
209,324
227,161
234,721
257,986
244,014
307,933
317,610
347,049
409,872
459,003
544,869
633,429
647,274
728,389
804,338
801,323
801,323804,338728,389647,274633,429544,869459,003409,872347,049317,610307,933244,014257,986234,721227,161209,324
       Property Plant Equipment 
81
53
41
201
162
123
191
149
102
391
353
700
607
394
180
68
68180394607700353391102149191123162201415381
       Long Term Investments 
0
0
0
0
0
76
69
74
76
7
19,000
22,426
0
0
0
0
000022,42619,00077674697600000
       Intangible Assets 
4
2
8
8
6
16
12
8
278
416
462
375
288
493
573
577
5775734932883754624162788121668824
       Long-term Assets Other 
209,239
227,106
234,672
257,778
243,846
307,794
317,407
346,892
409,492
458,195
544,053
632,354
646,379
727,502
803,585
1,649
1,649803,585727,502646,379632,354544,053458,195409,492346,892317,407307,794243,846257,778234,672227,106209,239
> Total Liabilities 
67,335
85,218
85,579
98,241
91,671
130,074
123,557
162,870
214,099
253,106
282,103
329,551
343,735
394,062
402,299
390,047
390,047402,299394,062343,735329,551282,103253,106214,099162,870123,557130,07491,67198,24185,57985,21867,335
   > Total Current Liabilities 
3,740
5,207
3,407
34,126
19,861
50,603
5,923
8,253
12,613
20,300
12,613
48,004
38,560
46,915
43,145
61,215
61,21543,14546,91538,56048,00412,61320,30012,6138,2535,92350,60319,86134,1263,4075,2073,740
       Short-term Debt 
559
835
465
24,926
16,163
47,383
109,627
606
80
10,000
168
40,108
30,110
40,110
34,064
51,795
51,79534,06440,11030,11040,10816810,00080606109,62747,38316,16324,926465835559
       Short Long Term Debt 
0
0
0
0
0
121,750
109,627
154,618
80
10,000
168
40,000
30,000
40,000
34,000
51,000
51,00034,00040,00030,00040,00016810,00080154,618109,627121,75000000
       Accounts payable 
1,642
3,206
2,029
8,206
1,470
1,066
1,581
4,311
9,134
4,840
2,426
2,994
3,208
1,261
2,987
4,258
4,2582,9871,2613,2082,9942,4264,8409,1344,3111,5811,0661,4708,2062,0293,2061,642
       Other Current Liabilities 
1,320
692
477
519
520
73
4,342
42
51
24
4,938
107
128
68
4,909
4,255
4,2554,909681281074,9382451424,342735205194776921,320
   > Long-term Liabilities 
63,595
80,012
82,172
64,115
71,811
79,472
117,634
154,618
201,486
232,806
269,489
281,547
305,175
347,147
359,154
328,833
328,833359,154347,147305,175281,547269,489232,806201,486154,618117,63479,47271,81164,11582,17280,01263,595
       Other Liabilities 
0
0
0
0
0
4,472
8,006
0
0
1,629
1,373
2,059
2,841
2,835
0
0
002,8352,8412,0591,3731,629008,0064,47200000
> Total Stockholder Equity
147,091
149,051
153,968
175,238
178,721
195,026
208,224
200,192
205,202
216,955
269,003
309,618
310,173
342,950
410,063
417,761
417,761410,063342,950310,173309,618269,003216,955205,202200,192208,224195,026178,721175,238153,968149,051147,091
   Common Stock
69,731
70,947
70,947
73,470
73,470
73,470
75,999
75,999
75,999
87,999
87,999
87,999
87,999
87,999
94,136
101,810
101,81094,13687,99987,99987,99987,99987,99975,99975,99975,99973,47073,47073,47070,94770,94769,731
   Retained Earnings 
6,608
7,812
9,330
14,834
23,060
37,354
15,938
3,507
6,101
1,257
56,447
43,899
4,912
34,889
59,893
3,988
3,98859,89334,8894,91243,89956,4471,2576,1013,50715,93837,35423,06014,8349,3307,8126,608
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
70,752
70,292
73,692
86,935
82,305
84,389
116,573
121,046
123,535
127,700
124,557
50,358
40,310
41,738
44,796
62,525
62,52544,79641,73840,31050,358124,557127,700123,535121,046116,57384,38982,30586,93573,69270,29270,752



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue36,334
Cost of Revenue-7,495
Gross Profit28,83928,839
 
Operating Income (+$)
Gross Profit28,839
Operating Expense-9,528
Operating Income19,31119,311
 
Operating Expense (+$)
Research Development0
Selling General Administrative5,226
Selling And Marketing Expenses24
Operating Expense9,5285,250
 
Net Interest Income (+$)
Interest Income104
Interest Expense-10,505
Other Finance Cost-5,658
Net Interest Income-4,743
 
Pretax Income (+$)
Operating Income19,311
Net Interest Income-4,743
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-14,60053,222
EBIT - interestExpense = 8,806
-13,946
-3,776
Interest Expense10,505
Earnings Before Interest and Taxes (EBIT)19,311-4,095
Earnings Before Interest and Taxes (EBITDA)19,619
 
After tax Income (+$)
Income Before Tax-14,600
Tax Provision-345
Net Income From Continuing Ops-1,998-14,945
Net Income-14,281
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses17,023
Total Other Income/Expenses Net-33,9114,743
 

Technical Analysis of Home Invest Belgium - Sifi
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Home Invest Belgium - Sifi. The general trend of Home Invest Belgium - Sifi is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Home Invest Belgium - Sifi's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Home Invest Belgium - Sifi.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 17.76 < 17.90 < 18.60.

The bearish price targets are: 16.76 > 16.60 > 16.38.

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Home Invest Belgium - Sifi Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Home Invest Belgium - Sifi. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Home Invest Belgium - Sifi Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Home Invest Belgium - Sifi. The current macd is -0.04263028.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Home Invest Belgium - Sifi price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Home Invest Belgium - Sifi. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Home Invest Belgium - Sifi price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Home Invest Belgium - Sifi Daily Moving Average Convergence/Divergence (MACD) ChartHome Invest Belgium - Sifi Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Home Invest Belgium - Sifi. The current adx is 18.63.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Home Invest Belgium - Sifi shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Home Invest Belgium - Sifi Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Home Invest Belgium - Sifi. The current sar is 16.86.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Home Invest Belgium - Sifi Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Home Invest Belgium - Sifi. The current rsi is 52.03. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1