ACANTHE DEVELOPPEMENT is a European and property company eligible for French SIIC (real estate investment company) tax status. More Details
+ 1 more risk
Adequate balance sheet and fair value.
Share Price & News
How has Acanthe Développement's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACAN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ACAN exceeded the French REITs industry which returned -38.2% over the past year.
Return vs Market: ACAN underperformed the French Market which returned -8.5% over the past year.
Price Volatility Vs. Market
How volatile is Acanthe Développement's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StA Look At Acanthe Développement's(EPA:ACAN) Total Shareholder Returns
1 year ago | Simply Wall StA Holistic Look At Acanthe Développement (EPA:ACAN)
1 year ago | Simply Wall StInvestors Who Bought Acanthe Développement (EPA:ACAN) Shares A Year Ago Are Now Down 14%
Is Acanthe Développement undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ACAN (€0.43) is trading above our estimate of fair value (€0.3)
Significantly Below Fair Value: ACAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ACAN is good value based on its PE Ratio (5x) compared to the FR REITs industry average (7.2x).
PE vs Market: ACAN is good value based on its PE Ratio (5x) compared to the French market (17x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACAN is good value based on its PB Ratio (0.4x) compared to the FR REITs industry average (0.6x).
How is Acanthe Développement forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acanthe Développement has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Acanthe Développement is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Acanthe Développement competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Acanthe Développement performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACAN has a large one-off gain of €755.0K impacting its June 30 2020 financial results.
Growing Profit Margin: ACAN's current net profit margins (12.8%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ACAN's earnings have declined by 38.5% per year over the past 5 years.
Accelerating Growth: ACAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ACAN had negative earnings growth (-96.3%) over the past year, making it difficult to compare to the REITs industry average (5.7%).
Return on Equity
High ROE: ACAN's Return on Equity (0.5%) is considered low.
How is Acanthe Développement's financial position?
Financial Position Analysis
Short Term Liabilities: ACAN's short term assets (€14.4M) exceed its short term liabilities (€9.6M).
Long Term Liabilities: ACAN's short term assets (€14.4M) do not cover its long term liabilities (€41.6M).
Debt to Equity History and Analysis
Debt Level: ACAN's debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: ACAN's debt to equity ratio has reduced from 41.3% to 7.4% over the past 5 years.
Debt Coverage: ACAN's debt is well covered by operating cash flow (33.6%).
Interest Coverage: ACAN's interest payments on its debt are not well covered by EBIT (1x coverage).
What is Acanthe Développement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACAN's dividend (2.1%) is higher than the bottom 25% of dividend payers in the French market (1.54%).
High Dividend: ACAN's dividend (2.1%) is low compared to the top 25% of dividend payers in the French market (5.22%).
Stability and Growth of Payments
Stable Dividend: ACAN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACAN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.8%), ACAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Ludovic Dauphin has been the Chief Executive Officer and Managing Director at Acanthe Développement since October 19, 2018. Mr. Dauphin serves as a Director of FIPP S.A. since December 21, 2018. He was ...
CEO Compensation Analysis
Compensation vs Market: Ludovic's total compensation ($USD339.93K) is about average for companies of similar size in the French market ($USD310.02K).
Compensation vs Earnings: Insufficient data to compare Ludovic's compensation with company performance.
|Chairman & Director General||no data||no data||0.64% |
|Independent Director||5.42yrs||€10.00k||no data|
Experienced Board: ACAN's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Acanthe Développement's company bio, employee growth, exchange listings and data sources
- Name: Acanthe Développement
- Ticker: ACAN
- Exchange: ENXTPA
- Industry: Office REITs
- Sector: Real Estate
- Market Cap: €61.351m
- Shares outstanding: 147.13m
- Website: https://www.acanthedeveloppement.fr
Number of Employees
- Acanthe Développement
- 2 rue de Bassano
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACAN||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Sep 1992|
|ADX||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 1992|
|0DYL||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Sep 1992|
|ACANP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Sep 1992|
ACANTHE DEVELOPPEMENT is a European and property company eligible for French SIIC (real estate investment company) tax status. More than 94.99% of its properties are located in the privileged districts of ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 20:52|
|End of Day Share Price||2020/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.