Alliance Developpement Capital SIIC (ADC SIIC) is a publicly owned real estate investment firm. More Details
Undervalued with proven track record.
Share Price & News
How has Alliance Developpement Capital SIIC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALDV's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ALDV exceeded the French REITs industry which returned -31.9% over the past year.
Return vs Market: ALDV exceeded the French Market which returned -5.2% over the past year.
Price Volatility Vs. Market
How volatile is Alliance Developpement Capital SIIC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StIs Alliance Developpement Capital SIIC's (EPA:ALDV) Share Price Gain Of 148% Well Earned?
11 months ago | Simply Wall StWhat Type Of Shareholder Owns Alliance Developpement Capital SIIC's (EPA:ALDV)?
Is Alliance Developpement Capital SIIC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALDV (€0.08) is trading below our estimate of fair value (€3.35)
Significantly Below Fair Value: ALDV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALDV is good value based on its PE Ratio (1.1x) compared to the FR REITs industry average (7.9x).
PE vs Market: ALDV is good value based on its PE Ratio (1.1x) compared to the French market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ALDV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ALDV is good value based on its PB Ratio (0.2x) compared to the FR REITs industry average (0.7x).
How is Alliance Developpement Capital SIIC 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 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 SimplyWall St do have past financial data.
- Examine whether Alliance Developpement Capital SIIC 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.
- Alliance Developpement Capital SIIC 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 Alliance Developpement Capital SIIC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALDV has a large one-off gain of €11.1M impacting its December 31 2019 financial results.
Growing Profit Margin: ALDV's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: ALDV's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: ALDV's earnings growth over the past year (1013.7%) exceeds its 5-year average (14% per year).
Earnings vs Industry: ALDV earnings growth over the past year (1013.7%) exceeded the REITs industry 13.2%.
Return on Equity
High ROE: ALDV's Return on Equity (17.7%) is considered low.
How is Alliance Developpement Capital SIIC's financial position?
Financial Position Analysis
Short Term Liabilities: ALDV's short term assets (€10.6M) do not cover its short term liabilities (€20.6M).
Long Term Liabilities: ALDV's short term assets (€10.6M) exceed its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: ALDV's debt to equity ratio (0.01%) is considered satisfactory.
Reducing Debt: ALDV's debt to equity ratio has reduced from 20.9% to 0.01% over the past 5 years.
Debt Coverage: ALDV's debt is well covered by operating cash flow (97460%).
Interest Coverage: ALDV's interest payments on its debt are not well covered by EBIT (1.1x coverage).
What is Alliance Developpement Capital SIIC current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ALDV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ALDV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ALDV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ALDV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ALDV is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALDV's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alain Edgard Dumenil (71 yo)
Monsieur 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. Monsieur Dumenil s ...
|Chairman||no data||no data||24.25% |
|Director||2.25yrs||no data||no data|
|Independent Director||5.42yrs||€5.00k||no data|
Experienced Board: ALDV's board of directors are considered experienced (6.5 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.
Alliance Developpement Capital SIIC's company bio, employee growth, exchange listings and data sources
- Name: Alliance Developpement Capital SIIC
- Ticker: ALDV
- Exchange: ENXTPA
- Industry: Residential REITs
- Sector: Real Estate
- Market Cap: €10.782m
- Shares outstanding: 134.78m
- Website: https://www.adcsiic.eu
Number of Employees
- Alliance Developpement Capital SIIC
- Avenue de l'Astronomie 9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ALDV||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|0QET||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
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 prope ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 04:02|
|End of Day Share Price||2020/09/16 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.