Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
ECMPA.ASthis companyEurocommercial Properties N.V.	€25.50	11.33×	0.65×	4.97×	11.04×	32.5%	66.7%	64.2%	43.9%	5.8%	2.6%	6.0%	0.73×	5.73×	3.46×	0.25×	5.1%	5	0.72	4	A
BAMNB.ASKoninklijke BAM Groep nv	€13.16	11.48×	2.53×	0.34×	5.04×	62.8%	6.5%	3.0%	3.0%	22.0%	12.5%	11.6%	0.4×	-1.32×	13.71×	0.98×	2.7%	7	2.43	4	A
CARM.PACarmila S.A.	€15.34	12.88×	0.7×	4.16×	14.9×	198.5%	74.5%	59.0%	32.3%	5.5%	4.6%	9.0%	0.8×	7.77×	2.65×	2.34×	7.4%	7	0.9	4	A+
LI.PAKlépierre S.A.	€36.80	7.43×	1.04×	5.84×	9.18×	-18.6%	72.2%	62.0%	78.5%	13.9%	4.2%	7.5%	0.94×	4.14×	3.59×	0.69×	5.5%	6	1.14	4	A
NSI.ASNSI N.V.	€17.50	-38×	0.59×	4.29×	-286.96×	-192.1%	67.4%	59.8%	-11.2%	-1.5%	4.2%	11.1%	0.56×	-134.27×	5.86×	0.32×	5.8%	4	0.54	3	B-
RET.BRRetail Estates N.V.	€63.00	8.03×	0.77×	6.11×	12.24×	112.7%	76.9%	74.4%	76.1%	9.6%	5.3%	9.6%	0.67×	5.69×	5.78×	0.09×	5.8%	5	1	5	A+
Peer median	—	8.03×	0.77×	4.29×	9.18×	62.8%	72.2%	59.8%	32.3%	9.6%	4.6%	9.6%	0.67×	4.14×	5.78×	0.69×	5.8%	6	1	4	—