Altareit SCA operates as a real estate development company in France. More Details
Adequate balance sheet and fair value.
Share Price & News
How has Altareit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AREIT has not had significant price volatility in the past 3 months.
7 Day Return
FR Real Estate
1 Year Return
FR Real Estate
Return vs Industry: AREIT exceeded the French Real Estate industry which returned -21.5% over the past year.
Return vs Market: AREIT exceeded the French Market which returned -10.9% over the past year.
Price Volatility Vs. Market
How volatile is Altareit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Good Is Altareit SCA (EPA:AREIT), When It Comes To ROE?
1 month ago | Simply Wall StThe Altareit (EPA:AREIT) Share Price Is Up 205% And Shareholders Are Boasting About It
3 months ago | Simply Wall StHere's Why Altareit (EPA:AREIT) Has A Meaningful Debt Burden
Is Altareit 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: AREIT (€505) is trading below our estimate of fair value (€4222.32)
Significantly Below Fair Value: AREIT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AREIT is poor value based on its PE Ratio (10.9x) compared to the FR Real Estate industry average (9.5x).
PE vs Market: AREIT is good value based on its PE Ratio (10.9x) compared to the French market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AREIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AREIT is overvalued based on its PB Ratio (1x) compared to the FR Real Estate industry average (0.9x).
How is Altareit 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 Altareit 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 Altareit 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.
- Altareit 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 Altareit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AREIT has high quality earnings.
Growing Profit Margin: AREIT's current net profit margins (2.6%) are lower than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: AREIT's earnings have grown significantly by 21.6% per year over the past 5 years.
Accelerating Growth: AREIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AREIT had negative earnings growth (-70%) over the past year, making it difficult to compare to the Real Estate industry average (3.7%).
Return on Equity
High ROE: AREIT's Return on Equity (10.4%) is considered low.
How is Altareit's financial position?
Financial Position Analysis
Short Term Liabilities: AREIT's short term assets (€3.0B) exceed its short term liabilities (€2.1B).
Long Term Liabilities: AREIT's short term assets (€3.0B) exceed its long term liabilities (€705.0M).
Debt to Equity History and Analysis
Debt Level: AREIT's debt to equity ratio (120.3%) is considered high.
Reducing Debt: AREIT's debt to equity ratio has reduced from 167.1% to 120.3% over the past 5 years.
Debt Coverage: AREIT's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: AREIT's interest payments on its debt are well covered by EBIT (7x coverage).
What is Altareit current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AREIT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AREIT'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 AREIT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AREIT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AREIT'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
Altareit has no CEO, or we have no data on them.
|Chairman of Supervisory Board||no data||€275.00k||0.000060% |
|Chairman of Altafi 2||no data||€600.00k||no data|
|Member of Supervisory Board||12.25yrs||€10.50k||0.000060% |
|Independent Member of Supervisory Board||11.25yrs||€19.50k||0.00057% |
|Member of Supervisory Board||8.67yrs||€15.00k||0.000060% |
|Independent Member of Supervisory Board||1.58yrs||€15.00k||0.000060% |
Experienced Board: AREIT's board of directors are considered experienced (10 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.
Altareit SCA's company bio, employee growth, exchange listings and data sources
- Name: Altareit SCA
- Ticker: AREIT
- Exchange: ENXTPA
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: €883.942m
- Shares outstanding: 1.75m
- Website: https://www.altareit.com
Number of Employees
- Altareit SCA
- 8 avenue DelcassE
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AREIT||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||May 1992|
|0KXY||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||May 1992|
|AREITP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||May 1992|
Altareit SCA operates as a real estate development company in France. The company develops residential properties, such as serviced residences; and mixed-use projects and office properties. Altareit SCA is ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 03:12|
|End of Day Share Price||2020/09/25 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.