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AREI

Altareit ENXTPA:AREIT Stock Report

Last Price

€645.00

Market Cap

€1.1b

7D

0%

1Y

8.4%

Updated

26 May, 2022

Data

Company Financials
AREIT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

AREIT Stock Overview

Altareit SCA operates as a real estate development company in France.

Altareit Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altareit
Historical stock prices
Current Share Price€645.00
52 Week High€720.00
52 Week Low€595.00
Beta0.34
1 Month Change-0.77%
3 Month Change-6.52%
1 Year Change8.40%
3 Year Change8.40%
5 Year Change143.40%
Change since IPO2,440.57%

Recent News & Updates

May 03
Altareit (EPA:AREIT) Seems To Use Debt Quite Sensibly

Altareit (EPA:AREIT) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Mar 08
The Altareit (EPA:AREIT) Share Price Has Gained 213%, So Why Not Pay It Some Attention?

The Altareit (EPA:AREIT) Share Price Has Gained 213%, So Why Not Pay It Some Attention?

When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really...

Shareholder Returns

AREITFR Real EstateFR Market
7D0%-4.0%-1.1%
1Y8.4%-13.2%-5.9%

Return vs Industry: AREIT exceeded the French Real Estate industry which returned -13.2% over the past year.

Return vs Market: AREIT exceeded the French Market which returned -5.9% over the past year.

Price Volatility

Is AREIT's price volatile compared to industry and market?
AREIT volatility
AREIT Average Weekly Movement1.4%
Real Estate Industry Average Movement4.9%
Market Average Movement5.9%
10% most volatile stocks in FR Market10.0%
10% least volatile stocks in FR Market3.4%

Stable Share Price: AREIT is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: AREIT's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19551,457n/ahttps://www.altareit.com

Altareit SCA operates as a real estate development company in France. The company develops residential properties, such as residential units and serviced residences; and mixed-use projects and business properties. Altareit SCA was founded in 1955 and is headquartered in Paris, France.

Altareit Fundamentals Summary

How do Altareit's earnings and revenue compare to its market cap?
AREIT fundamental statistics
Market Cap€1.13b
Earnings (TTM)€72.20m
Revenue (TTM)€3.00b

15.6x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AREIT income statement (TTM)
Revenue€3.00b
Cost of Revenue€2.44b
Gross Profit€560.80m
Other Expenses€488.60m
Earnings€72.20m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)41.25
Gross Margin18.70%
Net Profit Margin2.41%
Debt/Equity Ratio142.4%

How did AREIT perform over the long term?

See historical performance and comparison

Valuation

Is Altareit undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


15.64x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: AREIT (€645) is trading above our estimate of fair value (€131.15)

Significantly Below Fair Value: AREIT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AREIT is poor value based on its Price-To-Earnings Ratio (15.6x) compared to the French Real Estate industry average (10.5x).

PE vs Market: AREIT is good value based on its Price-To-Earnings Ratio (15.6x) compared to the French market (16.2x).


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 Price-To-Book Ratio (1.1x) compared to the FR Real Estate industry average (0.9x).


Future Growth

How is Altareit forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-10.5%

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.


Past Performance

How has Altareit performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AREIT has high quality earnings.

Growing Profit Margin: AREIT's current net profit margins (2.4%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: AREIT's earnings have declined by 0.7% per year over the past 5 years.

Accelerating Growth: AREIT's earnings growth over the past year (4%) exceeds its 5-year average (-0.7% per year).

Earnings vs Industry: AREIT earnings growth over the past year (4%) underperformed the Real Estate industry 18.5%.


Return on Equity

High ROE: AREIT's Return on Equity (8.4%) is considered low.


Financial Health

How is Altareit's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AREIT's short term assets (€3.7B) exceed its short term liabilities (€2.4B).

Long Term Liabilities: AREIT's short term assets (€3.7B) exceed its long term liabilities (€1.0B).


Debt to Equity History and Analysis

Debt Level: AREIT's net debt to equity ratio (16.8%) is considered satisfactory.

Reducing Debt: AREIT's debt to equity ratio has reduced from 222% to 142.4% over the past 5 years.

Debt Coverage: AREIT's debt is not well covered by operating cash flow (3.4%).

Interest Coverage: AREIT's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


Dividend

What is Altareit current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AREIT has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

9.2yrs

Average board tenure


CEO

Altareit has no CEO, or we have no data on them.


Board Members

Experienced Board: AREIT's board of directors are considered experienced (9.2 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Altareit SCA's employee growth, exchange listings and data sources


Key Information

  • Name: Altareit SCA
  • Ticker: AREIT
  • Exchange: ENXTPA
  • Founded: 1955
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: €1.129b
  • Shares outstanding: 1.75m
  • Website: https://www.altareit.com

Number of Employees


Location

  • Altareit SCA
  • 87 rue de Richelieu
  • Paris
  • Ile-de-France
  • 75002
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.