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Alliance Developpement Capital SIIC

ENXTPA:ALDV
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALDV
ENXTPA
€14M
Market Cap
  1. Home
  2. FR
  3. Real Estate
Company description

Alliance Developpement Capital SIIC (ADC SIIC) is a publicly owned real estate investment firm. The last earnings update was 45 days ago. More info.


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ALDV Share Price and Events
7 Day Returns
19.3%
ENXTPA:ALDV
2.2%
FR REITs
1.7%
FR Market
1 Year Returns
0%
ENXTPA:ALDV
-1.8%
FR REITs
-2.5%
FR Market
ALDV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alliance Developpement Capital SIIC (ALDV) 19.3% 29.6% 6.6% 0% -12.5% -4.5%
FR REITs 2.2% 1.1% 0.5% -1.8% 7.1% 14.3%
FR Market 1.7% 0.6% -0% -2.5% 36% 26.9%
1 Year Return vs Industry and Market
  • ALDV outperformed the REITs industry which returned -1.8% over the past year.
  • ALDV outperformed the Market in France which returned -2.5% over the past year.
Price Volatility
ALDV
Industry
5yr Volatility vs Market

ALDV Value

 Is Alliance Developpement Capital SIIC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Alliance Developpement Capital SIIC. This is due to cash flow or dividend data being unavailable. The share price is €0.105.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alliance Developpement Capital SIIC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alliance Developpement Capital SIIC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:ALDV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.00
ENXTPA:ALDV Share Price ** ENXTPA (2019-06-14) in EUR €0.11
France REITs Industry PE Ratio Median Figure of 23 Publicly-Listed REITs Companies 10.42x
France Market PE Ratio Median Figure of 423 Publicly-Listed Companies 17.64x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alliance Developpement Capital SIIC.

ENXTPA:ALDV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ALDV Share Price ÷ EPS (both in EUR)

= 0.11 ÷ 0.00

114.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliance Developpement Capital SIIC is overvalued based on earnings compared to the FR REITs industry average.
  • Alliance Developpement Capital SIIC is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does Alliance Developpement Capital SIIC's expected growth come at a high price?
Raw Data
ENXTPA:ALDV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 114.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
France REITs Industry PEG Ratio Median Figure of 10 Publicly-Listed REITs Companies 0.23x
France Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Alliance Developpement Capital SIIC, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alliance Developpement Capital SIIC's assets?
Raw Data
ENXTPA:ALDV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €0.16
ENXTPA:ALDV Share Price * ENXTPA (2019-06-14) in EUR €0.11
France REITs Industry PB Ratio Median Figure of 26 Publicly-Listed REITs Companies 0.91x
France Market PB Ratio Median Figure of 624 Publicly-Listed Companies 1.46x
ENXTPA:ALDV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ALDV Share Price ÷ Book Value per Share (both in EUR)

= 0.11 ÷ 0.16

0.67x

* Primary Listing of Alliance Developpement Capital SIIC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliance Developpement Capital SIIC is good value based on assets compared to the FR REITs industry average.
X
Value checks
We assess Alliance Developpement Capital SIIC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Alliance Developpement Capital SIIC has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ALDV Future Performance

 How is Alliance Developpement Capital SIIC expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Alliance Developpement Capital SIIC 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-5.4%
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alliance Developpement Capital SIIC expected to grow at an attractive rate?
  • Unable to compare Alliance Developpement Capital SIIC's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Alliance Developpement Capital SIIC's earnings growth to the France market average as no estimate data is available.
  • Unable to compare Alliance Developpement Capital SIIC's revenue growth to the France market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTPA:ALDV Future Growth Rates Data Sources
Data Point Source Value (per year)
France REITs Industry Earnings Growth Rate Market Cap Weighted Average -5.4%
France REITs Industry Revenue Growth Rate Market Cap Weighted Average 0.2%
France Market Earnings Growth Rate Market Cap Weighted Average 12.8%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:ALDV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:ALDV Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 1 -3 0
2018-09-30 1 -3 0
2018-06-30 2 -3 0
2018-03-31 2 -2 0
2017-12-31 2 -1 0
2017-09-30 1 0 -1
2017-06-30 1 1 -2
2017-03-31 1 1 -2
2016-12-31 0 1 -2
2016-09-30 3 0 0
2016-06-30 5 -1 3
2016-03-31 6 -1 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Alliance Developpement Capital SIIC is high growth as no earnings estimate data is available.
  • Unable to determine if Alliance Developpement Capital SIIC is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:ALDV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Alliance Developpement Capital SIIC Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALDV Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 0.00
2016-06-30 0.02
2016-03-31 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Alliance Developpement Capital SIIC will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Alliance Developpement Capital SIIC's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Alliance Developpement Capital SIIC's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Alliance Developpement Capital SIIC's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Alliance Developpement Capital SIIC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alliance Developpement Capital SIIC has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ALDV Past Performance

  How has Alliance Developpement Capital SIIC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alliance Developpement Capital SIIC's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alliance Developpement Capital SIIC's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Alliance Developpement Capital SIIC has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Alliance Developpement Capital SIIC has become profitable in the last year making it difficult to compare the FR REITs industry average.
Earnings and Revenue History
Alliance Developpement Capital SIIC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alliance Developpement Capital SIIC Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:ALDV Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.57 0.13 0.83
2018-09-30 1.05 0.01 0.87
2018-06-30 1.53 -0.12 0.92
2018-03-31 1.66 -0.09 0.93
2017-12-31 1.79 -0.07 0.95
2017-09-30 1.16 -0.92 0.98
2017-06-30 0.54 -1.77 1.01
2017-03-31 0.51 -1.82 1.01
2016-12-31 0.47 -1.87 1.02
2016-09-30 2.96 0.50 0.99
2016-06-30 5.44 2.87 0.97
2016-03-31 5.65 3.15 0.98
2015-12-31 5.85 3.44 0.99
2015-09-30 3.80 2.72 1.06
2015-06-30 1.75 1.99 1.12
2015-03-31 1.61 1.28 1.10
2014-12-31 1.48 0.57 1.09
2014-09-30 1.22 -0.72 1.12
2014-06-30 0.95 -2.00 1.14
2014-03-31 0.85 -1.70 1.14
2013-12-31 0.74 -1.40 1.13
2013-09-30 0.84 -1.39 1.14
2013-06-30 0.94 -1.39 1.16
2013-03-31 1.00 -1.77 1.14
2012-12-31 1.07 -2.14 1.11
2012-09-30 0.74 -2.31 0.99
2012-06-30 0.41 -2.49 0.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Alliance Developpement Capital SIIC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Alliance Developpement Capital SIIC has efficiently used its assets last year compared to the FR REITs industry average (Return on Assets) as it is loss-making.
  • Alliance Developpement Capital SIIC's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alliance Developpement Capital SIIC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alliance Developpement Capital SIIC has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ALDV Health

 How is Alliance Developpement Capital SIIC's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alliance Developpement Capital SIIC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alliance Developpement Capital SIIC's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Alliance Developpement Capital SIIC's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alliance Developpement Capital SIIC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4550.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alliance Developpement Capital SIIC Company Filings, last reported 5 months ago.

ENXTPA:ALDV Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 23.60 0.00 5.35
2018-09-30 23.60 0.00 5.35
2018-06-30 22.81 0.00 5.34
2018-03-31 22.81 0.00 5.34
2017-12-31 22.74 0.00 8.60
2017-09-30 22.74 0.00 8.60
2017-06-30 23.93 0.00 10.87
2017-03-31 23.93 0.00 10.87
2016-12-31 24.32 0.00 11.77
2016-09-30 24.32 0.00 11.77
2016-06-30 25.78 0.00 9.54
2016-03-31 25.78 0.00 9.54
2015-12-31 26.00 2.21 12.65
2015-09-30 26.00 2.21 12.65
2015-06-30 23.67 4.26 0.45
2015-03-31 23.67 4.26 0.45
2014-12-31 21.45 4.50 1.94
2014-09-30 21.45 4.50 1.94
2014-06-30 25.23 9.31 0.09
2014-03-31 25.23 9.31 0.09
2013-12-31 27.46 9.70 0.87
2013-09-30 27.46 9.70 0.87
2013-06-30 28.71 10.03 0.14
2013-03-31 28.71 10.03 0.14
2012-12-31 29.60 10.43 0.73
2012-09-30 29.60 10.43 0.73
2012-06-30 30.44 12.25 0.09
  • Alliance Developpement Capital SIIC's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (35.3% vs 0% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Alliance Developpement Capital SIIC earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Alliance Developpement Capital SIIC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alliance Developpement Capital SIIC has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ALDV Dividends

 What is Alliance Developpement Capital SIIC's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Alliance Developpement Capital SIIC dividends.
If you bought €2,000 of Alliance Developpement Capital SIIC shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Alliance Developpement Capital SIIC's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alliance Developpement Capital SIIC's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:ALDV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
France REITs Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 5.4%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.6%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:ALDV Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2017-04-26 0.000 0.000
2016-09-30 0.000 0.000
2016-04-28 0.000 0.000
2016-04-26 0.000 0.000
2014-10-01 0.080 82.307
2014-05-05 0.010 8.844
2013-04-19 0.000 0.000
2012-09-07 0.000 0.000
2012-05-03 0.000 0.000
2011-05-03 0.110 56.798
2011-04-29 0.110 41.864

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Alliance Developpement Capital SIIC has not reported any payouts.
  • Unable to verify if Alliance Developpement Capital SIIC's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alliance Developpement Capital SIIC's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alliance Developpement Capital SIIC has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Alliance Developpement Capital SIIC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alliance Developpement Capital SIIC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alliance Developpement Capital SIIC has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ALDV Management

 What is the CEO of Alliance Developpement Capital SIIC's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alain Edgard Dumenil
COMPENSATION €0
AGE 69
CEO Bio

Mr. Alain Edgard Louis Dumenil has been Director General at Acanthe Développement since July 31, 2018 and also serves as its Chairman. He serves as Co-Owner of Rodra Investissement. Mr. Duménil serves as Chief Executive officer at Alliance Developpement Capital SIIC. He was Chief Executive Officer of Acanthe Développement until October 19, 2018. Mr. Duménil serves as the Chairman and Chief Executive Officer of AD Capital. Mr. Duménil served as the Chief Executive Officer of Acanthe Developpement until January 2013 and has been its Chairman since June 30, 1994. He served as President of the Board for Dual Real Estate Investment until December 9, 2015 and its Director from 2012 to December 9, 2015. He served as a Corporate Officer of CS Communication & Systemes SA until September 05, 2003. He serves as the Chairman of Alliance Développement Capital SIIC – ADC SIIC AND Ad Industrie. He serves as Chairman of Gepar Holding. He serves as Chairman Agefi, CC Management, CiCom and Dual Holding. He serves as Chairman of Alliance Developpement Capital SIIC. He served as Chairman of the Board for Compagnie Internationale pour la Communication since 2013 and served as its Director until February 2018. He served as Chairman and Director of FIPP S.A. He served as the Chairman of the Board of Directors of Smalto until February 2014 and France Tourisme until November 2013. He serves as Deputy Member of Design & Création, Ingéfin and Védran. He serves as a Director at Ardor Capital SA, Ardor Investment SA and Cadanor. He has been a Director of Fonciere 7 Investissement since 2012 and Foncière Paris Nord since August 8, 2012. He serves as a Director of Société Nouvelle des Etablissements ADT and Smalto. He serves as a Deputy Member of the Board of Directors of Alliance Développement Capital SIIC. Mr. Duménil served as a Director of CS Communication & Systemes SA until September 05, 2003 and Acanthe Dévelopement until January 2013.

CEO Compensation
  • Insufficient data for Alain Edgard to compare compensation growth.
  • Alain Edgard's remuneration is lower than average for companies of similar size in France.
Management Team

Alain Edgard Dumenil

TITLE
Chairman and Chief Executive Officer
AGE
69

Florence Soucemarianadin

TITLE
Chief Financial & Administrative Officer and Director

Nicolas Boucheron

TITLE
Legal Director
Board of Directors Tenure

Average tenure of the Alliance Developpement Capital SIIC board of directors in years:

6.3
Average Tenure
  • The tenure for the Alliance Developpement Capital SIIC board of directors is about average.
Board of Directors

Alain Edgard Dumenil

TITLE
Chairman and Chief Executive Officer
AGE
69
TENURE
6.3 yrs

Florence Soucemarianadin

TITLE
Chief Financial & Administrative Officer and Director

Patrick Engler

TITLE
Director
COMPENSATION
€80K
AGE
68
TENURE
6.3 yrs

Valérie Dumenil

TITLE
Director
COMPENSATION
€20K
TENURE
6.3 yrs

Jean Fournier

TITLE
Independent Director
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Alliance Developpement Capital SIIC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alliance Developpement Capital SIIC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ALDV News

Simply Wall St News

What Percentage Of Alliance Developpement Capital SIIC (EPA:ALDV) Shares Do Insiders Own?

Every investor in Alliance Developpement Capital SIIC (EPA:ALDV) should be aware of the most powerful shareholder groups. … With a market capitalization of €13m, Alliance Developpement Capital SIIC is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

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Do Directors Own Alliance Developpement Capital SIIC (EPA:ALDV) Shares?

A look at the shareholders of Alliance Developpement Capital SIIC (EPA:ALDV) can tell us which group is most powerful. … Conversely, insiders often decrease their ownership over time. … With a market capitalization of €13m, Alliance Developpement Capital SIIC is a small cap stock, so it might not be well known by many institutional investors.

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Could The Alliance Developpement Capital SIIC (EPA:ALDV) Ownership Structure Tell Us Something Useful?

Every investor in Alliance Developpement Capital SIIC (EPA:ALDV) should be aware of the most powerful shareholder groups. … Alliance Developpement Capital SIIC is not a large company by global standards. … See our latest analysis for Alliance Developpement Capital SIIC

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Who Owns Most Of Alliance Developpement Capital SIIC (EPA:ALDV)?

In this article, I'm going to take a look at Alliance Developpement Capital SIIC’s (EPA:ALDV) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure of a company has been found to affect share performance over time. … See our latest analysis for Alliance Developpement Capital SIIC

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What Does Alliance Developpement Capital SIIC's (EPA:ALDV) Ownership Structure Look Like?

Check out our latest analysis for Alliance Developpement Capital SIIC ENXTPA:ALDV Ownership_summary Mar 20th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in ALDV should also look at another important group of investors: private companies, with a stake of 12.39%, who are primarily invested because of strategic and capital gain interests.

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Investing In Alliance Developpement Capital SIIC (EPA:ALDV): What You Need To Know

Alliance Developpement Capital SIIC is a €14.15M small-cap real estate investment trust (REIT) based in Brussels, Belgium. … Check out our latest analysis for Alliance Developpement Capital SIIC A common financial term REIT investors should know is Funds from Operations, or FFO for short, which is a REIT's main source of income from its portfolio of property, such as rent. … Next Steps: As a REIT, Alliance Developpement Capital SIIC offers some unique characteristics which could help diversify your portfolio.

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ALDV Company Info

Description

Alliance Developpement Capital SIIC (ADC SIIC) is a publicly owned real estate investment firm. The firm specializes in owning and managing residential real estate properties. It primarily invests in properties in Paris and its suburbs. The firm was formerly known as AD Capital SA. Alliance Developpement Capital is based in Saint-Josse-Ten-Noode, Belgium.

Details
Name: Alliance Developpement Capital SIIC
ALDV
Exchange: ENXTPA
Founded:
€14,151,950
134,780,479
Website: http://www.adcsiic.eu
Address: Alliance Developpement Capital SIIC
Avenue de l'Astronomie 9,
Saint-Josse-Ten-Noode,
Brussels, 1210,
Belgium
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ALDV Ordinary Shares Euronext Paris FR EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
1
Alliance Developpement Capital SIIC employees.
Industry
Residential REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/14 21:53
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.