IcadeFRA:3IC +0.54%59 EBITDA Margin % is 5.44% as of Dec. 2025, which is 82% below its 10-year median of 29.78. GuruFocus rates FRA:3IC with a GF Score™ of 59/100 and a GF Value™ of €13.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 750 REITs companies, Icade ranks worse than 91.6% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Icade's EBITDA for the
six
months ended in Dec. 2025 was €39 Mil. Icade's Revenue for the
six
months ended in Dec. 2025 was €711 Mil. Therefore, Icade's EBITDA margin for the quarter that ended in Dec. 2025 was 5.44%.
Icade (FRA:3IC) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Icade EBITDA Margin % Related Terms
Icade EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Icade's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:3IC vs VICI, WPC, BNL: EBITDA Margin % Comparison
For the REIT - Diversified subindustry, Icade's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Icade EBITDA Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Icade's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Icade's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Icade (FRA:3IC) has a EBITDA Margin % of 5.44% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Icade and its competitors. This is 82% below median its historical median of 29.78. According to the industry distribution chart, Icade ranks #687 out of 750 companies in the REITs industry, placing it in the top 91.6%.
Is Icade's EBITDA Margin % too high?
Icade's current EBITDA Margin % of 5.44% is 82% below median its 10-year median of 29.78. The REITs industry median EBITDA Margin % is 69.61. Icade's value of 5.44% is 92.2% below this industry median. Based on the distribution chart, Icade ranks #687 out of 750 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Icade has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Icade's EBITDA Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Icade ranks #687 out of 750 companies for EBITDA Margin %. This places Icade in the lower half of its industry. The industry median EBITDA Margin % is 69.61. Icade's value of 5.44% is 92.2% below this benchmark. While the company's 10-year median is 29.78 vs. the industry median of 69.61, Icade has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Icade's current EBITDA Margin % of 5.44% is 92.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Icade and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icade's current EBITDA Margin % is 5.44%, which is 82% below median its own 10-year median of 29.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icade stock overvalued right now?
Based on GuruFocus' analysis, Icade (FRA:3IC) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.55, compared to a current price of €18.72 — trading 38.2% above its estimated fair value. The current EBITDA Margin % is 5.44%, which is 82% below median its 10-year median of 29.78 and 92.2% below the REITs industry median of 69.61. Icade's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Icade (FRA:3IC), the current EBITDA Margin % is 5.44% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Icade (FRA:3IC) Overvalued in 2026?
Based on GuruFocus' analysis, Icade stock appears to be overvalued.
The current stock price of €18.72 is trading 38.2% above its estimated GF Value™ of €13.55.
GuruFocus considers Icade to be Significantly Overvalued.
Key valuation signals for FRA:3IC:
EBITDA Margin %: 5.44% (82% below median its 10-year median of 29.78)
GF Value™: €13.55 vs. price of €18.72 (38.2% above fair value)
Industry Position: 92.2% below the REITs median (#687 of 750)
No single metric tells the full story. See the FRA:3IC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icade is a French real estate investment trust involved in the ownership and management of commercial property around Paris. The company's real estate portfolio consists of offices, business premises (TV and photo studios, data centers, warehouses, etc.), other assets such as hotels, shops, and land reserves. Its flagship projects include EDENN, HYFIVE, and EQHO. The company has two operating segments: the Property Investment business and the Property Development business. The majority of revenue is derived from the Property Investment business, which focuses on holding and developing office properties and business parks for the rental of these assets and active management of this asset portfolio.
59GF Score
Get the complete analysis for FRA:3IC
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:3IC has been successfully added to your 
