Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Montea NV is a publicly traded real estate investment trust under Belgian law, headquartered in Erembodegem, specializing in the development, management, and investment in logistics and semi-industrial properties. Its primary function is to deliver tailored, flexible real estate solutions, including smart logistics hubs with multi-modal connections, sustainable materials, and innovative techniques to address land scarcity. Operating across key logistics hotspots in Belgium, the Netherlands, France, and Germany, Montea NV maintains a portfolio exceeding 120 locations and 2.3 million square meters, serving sectors like e-commerce, third-party logistics, and manufacturing through warehouses and distribution centers. Revenue stems mainly from gross rental income, building management services, and development projects, supporting long-term value creation with a focus on high-quality, environmentally friendly assets. Founded in 1977 and listed since 2006, the company, led by CEO Jo De Wolf, has grown its portfolio from €100 million to over €3 billion by 2025, underscoring its pivotal role in Europe's logistics infrastructure.
€66.10
€1.20 (-1.78%)
Live · 04:44 PM · Twelve Data
79.10% operating margin is above average. ROIC at 4.25%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 21.8%, still solid.
Net debt of €1.16B represents 10.1x FCF, leverage limits flexibility.
9.5x earnings, 14.2x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€170M
▲ +21.8% YoY
Net Income (TTM)
€160M
▼ -4.8% YoY
Op. Margin
79.17%
▼ -0.2pp YoY
ROIC
4.25%
▲ +0.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€108M
▲ +0.5% YoY
Op. Cash Flow (TTM)
€173M
▼ -3.6% YoY
Net Debt
€1.16B
Cash & Equiv.
€6M
3Y CAGR: +14.6%
3Y CAGR: +11.1%
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At a P/E of 9.5 and a price-to-free-cash-flow of 14.2, Montea NV (MONT.XBRU) trades around a two-stage DCF intrinsic value of about €71.54 per share, so at €66.10 the stock looks around fair value (8.2% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Montea NV scores 49/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.6%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €71.54 per share for MONT.XBRU, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €53.66. At today's €66.10, that puts the stock about 8.2% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Montea NV scores 49 out of 100 on Intrinsiqq's quality score, passing 3 of 8 checks, which makes it a mixed business on these measures. Recent fundamentals include a 79.2% operating margin and a 4.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, Montea NV pays a regular dividend of about €3.69 per share per year (typically in quarterly installments), a yield of roughly 5.6% at the current price. That is a payout ratio of about 53.8% of earnings, so the dividend is well covered. Montea NV has grown the dividend at roughly 17.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MONT.XBRU's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. MONT.XBRU currently trades around its estimated intrinsic value and scores 49/100 on quality (mixed). It also yields about 5.6%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.