View ValuationParef 将来の成長Future 基準チェック /06現在、 Parefの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率REITs 収益成長12.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 22Paref SA to Report First Half, 2026 Results on Sep 29, 2026Paref SA announced that they will report first half, 2026 results on Sep 29, 2026お知らせ • Apr 21Paref SA, Annual General Meeting, May 28, 2026Paref SA, Annual General Meeting, May 28, 2026. Location: 40 avenue de friedland, paris FranceNew Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€35.2m market cap, or US$40.8m).お知らせ • Feb 06Yard Reaas S.P.A. acquired Solia Paref from Paref SA (ENXTPA:PAR).Yard Reaas S.P.A. acquired Solia Paref from Paref SA (ENXTPA:PAR) on February 5, 2026. Orrick, Herrington & Sutcliffe acted as legal advisor for Yard Reaas S.P.A. KPMG S.p.A. acted as accountant for Yard Reaas S.P.A. Racine acted as legal advisor for Paref SA. Yard Reaas S.P.A. completed the acquisition of Solia Paref from Paref SA (ENXTPA:PAR) on February 5, 2026.New Risk • Dec 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€49.6m market cap, or US$57.9m).お知らせ • Oct 24Paref SA to Report Fiscal Year 2025 Results on Feb 26, 2026Paref SA announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Feb 26, 2026Upcoming Dividend • May 21Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 28 May 2025. Payment date: 30 May 2025. Trailing yield: 3.9%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (9.3%).お知らせ • Apr 12Paref SA, Annual General Meeting, May 22, 2025Paref SA, Annual General Meeting, May 22, 2025. Location: hotel napoleon, 40 avenue de friedland, paris FranceNew Risk • Feb 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 51% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€59.1m market cap, or US$62.0m).Reported Earnings • Aug 05First half 2024 earnings released: €3.08 loss per share (vs €3.99 loss in 1H 2023)First half 2024 results: €3.08 loss per share (improved from €3.99 loss in 1H 2023). Revenue: €12.8m (down 20% from 1H 2023). Net loss: €4.64m (loss narrowed 23% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Upcoming Dividend • May 22Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 31 May 2024. Trailing yield: 2.9%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (9.5%).New Risk • May 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (134% payout ratio). Market cap is less than US$100m (€78.5m market cap, or US$85.0m).お知らせ • Feb 23+ 1 more updateParef SA, Annual General Meeting, May 23, 2024Paref SA, Annual General Meeting, May 23, 2024. Agenda: To approve dividend.New Risk • Feb 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Earnings have declined by 22% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by earnings (158% payout ratio). Market cap is less than US$100m (€66.4m market cap, or US$71.6m).お知らせ • Oct 27Paref SA to Report Fiscal Year 2023 Results on Feb 22, 2024Paref SA announced that they will report fiscal year 2023 results on Feb 22, 2024New Risk • Jul 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 150% Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€83.0m market cap, or US$91.5m).Reported Earnings • Jul 31First half 2023 earnings released: €3.99 loss per share (vs €8.98 profit in 1H 2022)First half 2023 results: €3.99 loss per share (down from €8.98 profit in 1H 2022). Revenue: €16.0m (up 20% from 1H 2022). Net loss: €6.02m (down 144% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 16Upcoming dividend of €3.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. Trailing yield: 5.0%. Lower than top quartile of French dividend payers (5.3%). Lower than average of industry peers (10%).Reported Earnings • Feb 20Full year 2022 earnings released: EPS: €2.68 (vs €7.32 in FY 2021)Full year 2022 results: EPS: €2.68 (down from €7.32 in FY 2021). Revenue: €25.6m (up 2.8% from FY 2021). Net income: €4.04m (down 63% from FY 2021). Profit margin: 16% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Valerie Guillen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 26Paref SA to Report Fiscal Year 2022 Results on Feb 16, 2023Paref SA announced that they will report fiscal year 2022 results on Feb 16, 2023Buying Opportunity • Sep 27Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €71.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.4%.Buying Opportunity • Aug 05Now 20% undervaluedOver the last 90 days, the stock is up 5.7%. The fair value is estimated to be €80.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.4%.Reported Earnings • Jul 30First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €3.58m from profit in 1H 2021). Profit margin: (down from 30% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 17Upcoming dividend of €4.70 per shareEligible shareholders must have bought the stock before 24 May 2022. Payment date: 27 May 2022. Trailing yield: 7.6%. Within top quartile of French dividend payers (4.9%). Higher than average of industry peers (5.7%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Valerie Guillen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 20Full year 2021 earnings released: EPS: €7.32 (vs €5.50 in FY 2020)Full year 2021 results: EPS: €7.32 (up from €5.50 in FY 2020). Revenue: €24.9m (down 2.2% from FY 2020). Net income: €11.0m (up 35% from FY 2020). Profit margin: 44% (up from 32% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Buying Opportunity • Apr 13Now 23% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €74.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 19%.Reported Earnings • Feb 21Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €7.32 (up from €5.50 in FY 2020). Revenue: €24.9m (down 2.2% from FY 2020). Net income: €11.0m (up 35% from FY 2020). Profit margin: 44% (up from 32% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 18Upcoming dividend of €2.30 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 3.7%. Lower than top quartile of French dividend payers (3.8%). Lower than average of industry peers (4.4%).Reported Earnings • Apr 17Full year 2020 earnings released: EPS €5.50 (vs €9.34 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €25.4m (flat on FY 2019). Net income: €8.15m (down 40% from FY 2019). Profit margin: 32% (down from 53% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year.分析記事 • Mar 19How Much Did Paref's(EPA:PAR) Shareholders Earn From Share Price Movements Over The Last Three Years?For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk...Reported Earnings • Feb 21Full year 2020 earnings released: EPS €5.50 (vs €9.34 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €25.4m (flat on FY 2019). Net income: €8.15m (down 40% from FY 2019). Profit margin: 32% (down from 53% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.分析記事 • Dec 04Paref (EPA:PAR) Share Prices Have Dropped 27% In The Last YearPassive investing in an index fund is a good way to ensure your own returns roughly match the overall market. When you...Is New 90 Day High Low • Sep 26New 90-day low: €55.00The company is down 26% from its price of €74.00 on 26 June 2020. The French market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 19% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Paref は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測ENXTPA:PAR - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202525-1222N/A9/30/202525-923N/A6/30/202526-533N/A3/31/202526-556N/A12/31/202426-578N/A9/30/202426-1088N/A6/30/202425-1588N/A3/31/202427-1666N/A12/31/202328-1633N/A9/30/202328-1633N/A6/30/202328-1623N/A3/31/202327-655N/A12/31/202226477N/A9/30/2022261366N/A6/30/2022262145N/A3/31/2022261645N/A12/31/2021251145N/A9/30/202124877N/A6/30/2021225910N/A3/31/2021246910N/A12/31/2020258910N/A9/30/2020261078N/A6/30/2020261356N/A3/31/2020261366N/A12/31/2019261366N/A9/30/20192412N/A7N/A6/30/20192311N/A8N/A3/31/20192111N/A9N/A12/31/20181912N/A9N/A9/30/20182012N/A7N/A6/30/20182013N/A5N/A3/31/20181911N/A6N/A12/31/2017198N/A7N/A9/30/2017178N/A9N/A6/30/2017169N/A10N/A3/31/2017179N/A10N/A12/31/20161710N/A10N/A9/30/2016189N/A11N/A6/30/2016198N/A12N/A3/31/2016217N/A11N/A12/31/2015225N/A11N/A9/30/2015235N/A10N/A6/30/2015255N/A10N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PARの予測収益成長が 貯蓄率 ( 2.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: PARの収益がFrench市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: PARの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: PARの収益がFrench市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: PARの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PARの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 05:28終値2026/05/27 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Paref SA 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Apr 22Paref SA to Report First Half, 2026 Results on Sep 29, 2026Paref SA announced that they will report first half, 2026 results on Sep 29, 2026
お知らせ • Apr 21Paref SA, Annual General Meeting, May 28, 2026Paref SA, Annual General Meeting, May 28, 2026. Location: 40 avenue de friedland, paris France
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€35.2m market cap, or US$40.8m).
お知らせ • Feb 06Yard Reaas S.P.A. acquired Solia Paref from Paref SA (ENXTPA:PAR).Yard Reaas S.P.A. acquired Solia Paref from Paref SA (ENXTPA:PAR) on February 5, 2026. Orrick, Herrington & Sutcliffe acted as legal advisor for Yard Reaas S.P.A. KPMG S.p.A. acted as accountant for Yard Reaas S.P.A. Racine acted as legal advisor for Paref SA. Yard Reaas S.P.A. completed the acquisition of Solia Paref from Paref SA (ENXTPA:PAR) on February 5, 2026.
New Risk • Dec 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€49.6m market cap, or US$57.9m).
お知らせ • Oct 24Paref SA to Report Fiscal Year 2025 Results on Feb 26, 2026Paref SA announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Feb 26, 2026
Upcoming Dividend • May 21Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 28 May 2025. Payment date: 30 May 2025. Trailing yield: 3.9%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (9.3%).
お知らせ • Apr 12Paref SA, Annual General Meeting, May 22, 2025Paref SA, Annual General Meeting, May 22, 2025. Location: hotel napoleon, 40 avenue de friedland, paris France
New Risk • Feb 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 51% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€59.1m market cap, or US$62.0m).
Reported Earnings • Aug 05First half 2024 earnings released: €3.08 loss per share (vs €3.99 loss in 1H 2023)First half 2024 results: €3.08 loss per share (improved from €3.99 loss in 1H 2023). Revenue: €12.8m (down 20% from 1H 2023). Net loss: €4.64m (loss narrowed 23% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • May 22Upcoming dividend of €1.50 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 31 May 2024. Trailing yield: 2.9%. Lower than top quartile of French dividend payers (5.2%). Lower than average of industry peers (9.5%).
New Risk • May 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (134% payout ratio). Market cap is less than US$100m (€78.5m market cap, or US$85.0m).
お知らせ • Feb 23+ 1 more updateParef SA, Annual General Meeting, May 23, 2024Paref SA, Annual General Meeting, May 23, 2024. Agenda: To approve dividend.
New Risk • Feb 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Earnings have declined by 22% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by earnings (158% payout ratio). Market cap is less than US$100m (€66.4m market cap, or US$71.6m).
お知らせ • Oct 27Paref SA to Report Fiscal Year 2023 Results on Feb 22, 2024Paref SA announced that they will report fiscal year 2023 results on Feb 22, 2024
New Risk • Jul 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.4% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 150% Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€83.0m market cap, or US$91.5m).
Reported Earnings • Jul 31First half 2023 earnings released: €3.99 loss per share (vs €8.98 profit in 1H 2022)First half 2023 results: €3.99 loss per share (down from €8.98 profit in 1H 2022). Revenue: €16.0m (up 20% from 1H 2022). Net loss: €6.02m (down 144% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 16Upcoming dividend of €3.00 per share at 5.0% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. Trailing yield: 5.0%. Lower than top quartile of French dividend payers (5.3%). Lower than average of industry peers (10%).
Reported Earnings • Feb 20Full year 2022 earnings released: EPS: €2.68 (vs €7.32 in FY 2021)Full year 2022 results: EPS: €2.68 (down from €7.32 in FY 2021). Revenue: €25.6m (up 2.8% from FY 2021). Net income: €4.04m (down 63% from FY 2021). Profit margin: 16% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 8% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Valerie Guillen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 26Paref SA to Report Fiscal Year 2022 Results on Feb 16, 2023Paref SA announced that they will report fiscal year 2022 results on Feb 16, 2023
Buying Opportunity • Sep 27Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €71.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.4%.
Buying Opportunity • Aug 05Now 20% undervaluedOver the last 90 days, the stock is up 5.7%. The fair value is estimated to be €80.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.4%.
Reported Earnings • Jul 30First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €3.58m from profit in 1H 2021). Profit margin: (down from 30% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 17Upcoming dividend of €4.70 per shareEligible shareholders must have bought the stock before 24 May 2022. Payment date: 27 May 2022. Trailing yield: 7.6%. Within top quartile of French dividend payers (4.9%). Higher than average of industry peers (5.7%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Valerie Guillen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 20Full year 2021 earnings released: EPS: €7.32 (vs €5.50 in FY 2020)Full year 2021 results: EPS: €7.32 (up from €5.50 in FY 2020). Revenue: €24.9m (down 2.2% from FY 2020). Net income: €11.0m (up 35% from FY 2020). Profit margin: 44% (up from 32% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Apr 13Now 23% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be €74.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years. Earnings per share has declined by 19%.
Reported Earnings • Feb 21Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: €7.32 (up from €5.50 in FY 2020). Revenue: €24.9m (down 2.2% from FY 2020). Net income: €11.0m (up 35% from FY 2020). Profit margin: 44% (up from 32% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 84%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 18Upcoming dividend of €2.30 per shareEligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 3.7%. Lower than top quartile of French dividend payers (3.8%). Lower than average of industry peers (4.4%).
Reported Earnings • Apr 17Full year 2020 earnings released: EPS €5.50 (vs €9.34 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €25.4m (flat on FY 2019). Net income: €8.15m (down 40% from FY 2019). Profit margin: 32% (down from 53% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 9% per year.
分析記事 • Mar 19How Much Did Paref's(EPA:PAR) Shareholders Earn From Share Price Movements Over The Last Three Years?For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk...
Reported Earnings • Feb 21Full year 2020 earnings released: EPS €5.50 (vs €9.34 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €25.4m (flat on FY 2019). Net income: €8.15m (down 40% from FY 2019). Profit margin: 32% (down from 53% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.
分析記事 • Dec 04Paref (EPA:PAR) Share Prices Have Dropped 27% In The Last YearPassive investing in an index fund is a good way to ensure your own returns roughly match the overall market. When you...
Is New 90 Day High Low • Sep 26New 90-day low: €55.00The company is down 26% from its price of €74.00 on 26 June 2020. The French market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 19% over the same period.