Aedifica/€AED
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Aedifica
Aedifica is a Belgian real estate investment trust (REIT) specializing in the healthcare real estate sector, particularly in elderly care homes. Founded in 2005 and headquartered in Brussels, Belgium, Aedifica's portfolio spans several European countries, including Belgium, the Netherlands, Germany, Finland, and the United Kingdom. The company focuses on acquiring, developing, and managing properties that meet the needs of Europe’s aging population, positioning itself strategically within the healthcare infrastructure space. Aedifica's competitive strengths lie in its specialization in a growing sector, comprehensive market knowledge, and long-standing relationships with care home operators. These capabilities enable it to effectively navigate the challenges and opportunities within the healthcare real estate market. Sources: Aedifica company website and annual reports.
- Ticker
- €AED
- Sector
- Real Estate
- Primary listing
- BSE
- Employees
- 127
- Headquarters
- Brussels, Belgium
- Website
- www.aedifica.eu
Aedifica Metrics
BasicAdvanced
€5.3B
5.79
€10.90
0.96
€2.80
4.44%
Price and volume
Market cap
€5.3B
Beta
0.96
52-week high
€80.10
52-week low
€61.90
Average daily volume
122K
Dividend rate
€2.80
Financial strength
Current ratio
0.127
Quick ratio
0.079
Long term debt to equity
0.499
Total debt to equity
0.748
Dividend payout ratio (TTM)
59.36%
Interest coverage (TTM)
5.19%
Profitability
EBITDA (TTM)
403.197
Gross margin (TTM)
91.75%
Net profit margin (TTM)
132.03%
Operating margin (TTM)
82.71%
Effective tax rate (TTM)
6.05%
Revenue per employee (TTM)
€3,820,000
Management effectiveness
Return on assets (TTM)
2.57%
Return on equity (TTM)
12.16%
Valuation
Price to earnings (TTM)
5.79
Price to revenue (TTM)
7.642
Price to book
0.82
Price to tangible book (TTM)
0.83
Price to free cash flow (TTM)
10.5
Free cash flow yield (TTM)
9.52%
Free cash flow per share (TTM)
6.012
Dividend yield (TTM)
4.44%
Forward dividend yield
4.44%
Growth
Revenue change (TTM)
34.32%
Earnings per share change (TTM)
194.88%
3-year revenue growth (CAGR)
17.22%
3-year earnings per share growth (CAGR)
42.75%
3-year dividend per share growth (CAGR)
1.71%
What the Analysts think about Aedifica
Analyst ratings (Buy, Hold, Sell) for Aedifica stock.
Analyst projections of the future price of Aedifica stock.
Bulls say / Bears say
The Cofinimmo deal is already lifting recurring earnings: first-half EPRA earnings per share rose 5% to €2.71, and management expects €5.35 for 2026. Full-year guidance implies further growth, with merger synergies still to come. (Yahoo Finance)
Rental income grew 1.7% on a like-for-like basis in the first half, while occupancy was 99.1% and the average lease term was 15 years. Those figures support a comparatively dependable rental-income base. (Yahoo Finance)
A €531 million investment programme gives Aedifica a pipeline for further portfolio growth, alongside its large, pan-European healthcare business. The company reported €11.1 billion of healthcare property across 924 sites in nine countries. (Yahoo Finance)
Debt-to-assets rose to 42.7% at June, from 40.8% at year-end, leaving less room before management’s 45% absolute ceiling. That limits flexibility if property values fall or borrowing needs rise. (Yahoo Finance, StockAnalysis)
Aedifica’s average debt cost is 1.9%, but management said refinancing could push it towards 3% by the end of 2028 or 2029. Higher interest expense could slow earnings growth as debt and hedges are renewed. (StockAnalysis)
Aedifica says it no longer qualifies for Belgium’s reduced 15% dividend withholding rate from 2026, after UK property ceased counting towards the relevant EEA threshold. Investors subject to Belgian withholding may therefore receive less of the dividend net of tax. (MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Aedifica Financial Performance
Revenues and expenses
Aedifica Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Aedifica
AllEURUSDGBP
Fund name | Fund size | €AED weighting |
|---|---|---|
iShares European Property Yield£IPRP | €833M | 5.04% |
iShares European Property Yield€IPRP | €833M | 5.04% |
iShares STOXX Europe 600 Real Estate€EXI5 | €63M | 4.20% |
Invesco EURO STOXX High Dividend Low Volatility£EUHD | €589M | 2.30% |
iShares EURO STOXX Mid€DJMC | €595M | 0.74% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.