공시 • Apr 22
Paref SA to Report First Half, 2026 Results on Sep 29, 2026 Paref SA announced that they will report first half, 2026 results on Sep 29, 2026 공시 • Apr 21
Paref SA, Annual General Meeting, May 28, 2026 Paref SA, Annual General Meeting, May 28, 2026. Location: 40 avenue de friedland, paris France New Risk • Apr 07
New minor risk - Share price stability The 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). 공시 • Feb 06
Yard 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 04
New minor risk - Share price stability The 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). 공시 • Oct 24
Paref SA to Report Fiscal Year 2025 Results on Feb 26, 2026 Paref 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 21
Upcoming dividend of €1.50 per share Eligible 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%). 공시 • Apr 12
Paref SA, Annual General Meeting, May 22, 2025 Paref SA, Annual General Meeting, May 22, 2025. Location: hotel napoleon, 40 avenue de friedland, paris France New Risk • Feb 17
New minor risk - Financial data availability The 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 05
First 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 22
Upcoming dividend of €1.50 per share Eligible 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 17
New major risk - Financial position The 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). New Risk • Feb 12
New minor risk - Financial data availability The 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). 공시 • Oct 27
Paref SA to Report Fiscal Year 2023 Results on Feb 22, 2024 Paref SA announced that they will report fiscal year 2023 results on Feb 22, 2024 New Risk • Jul 31
New major risk - Financial position The 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 31
First 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 16
Upcoming dividend of €3.00 per share at 5.0% yield Eligible 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 20
Full 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 16
Less than half of directors are independent Following 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. 공시 • Oct 26
Paref SA to Report Fiscal Year 2022 Results on Feb 16, 2023 Paref SA announced that they will report fiscal year 2022 results on Feb 16, 2023 Buying Opportunity • Sep 27
Now 21% undervalued The 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 05
Now 20% undervalued Over 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 30
First half 2022 earnings released First 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 17
Upcoming dividend of €4.70 per share Eligible 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 27
Less than half of directors are independent Following 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 20
Full 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 13
Now 23% undervalued Over 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 21
Full year 2021 earnings: EPS misses analyst expectations 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). 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 18
Upcoming dividend of €2.30 per share Eligible 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 17
Full 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. Reported Earnings • Feb 21
Full 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. Is New 90 Day High Low • Sep 26
New 90-day low: €55.00 The 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.