(ICAD) Icade - Ratings and Ratios

Icade SA (PA:ICAD) is a leading French real estate company specializing in commercial property investment and development. As of December 31, 2023, its investment portfolio was valued at €6.8 billion on a full consolidation basis, while its development activities generated economic revenue of €1.3 billion in 2023. The company operates across France, leveraging long-term partnerships to address emerging industry trends. Icade has integrated climate action and biodiversity preservation into its core business model, aiming to redefine real estate practices and contribute to sustainable urban development. Listed as a SIIC (Société dInvestissement Immobilier Côtée) on Euronext Paris, Icade is majority-owned by the Caisse des Dépôts group, a French public financial institution. The companys strategic focus includes urban regeneration projects, green building certifications, and innovative property solutions.

Over the next three months, Icade SA is expected to maintain its stable operational trajectory. Based on , the stock has shown resilience with SMA20 (20.36) and SMA50 (20.34) levels closely aligned, suggesting a potential floor near current prices. The SMA200 (20.57) indicates a slight resistance level, while the ATR (0.66) reflects moderate volatility. With an average volume of 144,865 shares over 20 days, liquidity remains adequate. From a perspective, the forward P/E of 6.65 signals expectations of earnings growth, though the negative RoE (-20.87) raises concerns about profitability. The P/B ratio of 0.37 suggests undervaluation relative to book value, while the P/S ratio of 1.12 indicates a reasonable revenue multiple. Overall, the stock is likely to consolidate within a narrow range, with potential upside if support levels hold, though investors should monitor the companys ability to improve profitability.