Fonciere Atland operates as a real estate investment trust.
Price History & Performance
|Historical stock prices|
|Current Share Price||€41.20|
|52 Week High||€27.90|
|52 Week Low||€45.60|
|1 Month Change||3.52%|
|3 Month Change||-5.51%|
|1 Year Change||31.21%|
|3 Year Change||77.59%|
|5 Year Change||146.71%|
|Change since IPO||304.27%|
Recent News & Updates
Why Fonciere Atland (EPA:FATL) Looks Like A Quality Company
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Shareholders Of Fonciere Atland (EPA:FATL) Must Be Happy With Their 161% Total Return
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...
|FATL||FR REITs||FR Market|
Return vs Industry: FATL exceeded the French REITs industry which returned 26.6% over the past year.
Return vs Market: FATL matched the French Market which returned 31.8% over the past year.
Stable Share Price: FATL is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FATL's weekly volatility (5%) has been stable over the past year.
About the Company
Fonciere Atland operates as a real estate investment trust. It invests in offices, retail outlets, warehouses, or light industrial premises. It also provides real estate sale-leaseback services, and construction and turnkey rental development services to business customers.
Fonciere Atland Fundamentals Summary
|FATL fundamental statistics|
Is FATL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FATL income statement (TTM)|
|Cost of Revenue||€137.88m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||4.52|
|Net Profit Margin||10.52%|
How did FATL perform over the long term?See historical performance and comparison
3.6%Current Dividend Yield
Is Fonciere Atland 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: FATL (€41.2) is trading below our estimate of fair value (€152.15)
Significantly Below Fair Value: FATL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FATL is good value based on its PE Ratio (9.2x) compared to the French REITs industry average (11.9x).
PE vs Market: FATL is good value based on its PE Ratio (9.2x) compared to the French market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FATL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FATL is overvalued based on its PB Ratio (1.4x) compared to the FR REITs industry average (0.7x).
How is Fonciere Atland 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 Fonciere Atland 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.
How has Fonciere Atland performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FATL has a large one-off gain of €11.8M impacting its December 31 2020 financial results.
Growing Profit Margin: FATL's current net profit margins (10.5%) are lower than last year (22%).
Past Earnings Growth Analysis
Earnings Trend: FATL's earnings have grown significantly by 35.8% per year over the past 5 years.
Accelerating Growth: FATL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FATL had negative earnings growth (-13.2%) over the past year, making it difficult to compare to the REITs industry average (-13.2%).
Return on Equity
High ROE: FATL's Return on Equity (16%) is considered low.
How is Fonciere Atland's financial position?
Financial Position Analysis
Short Term Liabilities: FATL's short term assets (€293.3M) exceed its short term liabilities (€171.6M).
Long Term Liabilities: FATL's short term assets (€293.3M) exceed its long term liabilities (€176.4M).
Debt to Equity History and Analysis
Debt Level: FATL's debt to equity ratio (158.4%) is considered high.
Reducing Debt: FATL's debt to equity ratio has reduced from 184.4% to 158.4% over the past 5 years.
Debt Coverage: FATL's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: FATL's interest payments on its debt are not well covered by EBIT (3x coverage).
What is Fonciere Atland current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FATL's dividend (3.64%) is higher than the bottom 25% of dividend payers in the French market (1.29%).
High Dividend: FATL's dividend (3.64%) is low compared to the top 25% of dividend payers in the French market (3.91%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FATL has been paying a dividend for less than 10 years.
Growing Dividend: FATL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.6%), FATL'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
Georges Rocchietta (57 yo)
Mr. Georges Rocchietta is a Founder of Fonciere Atland and has been its Chairman and Chief Executive Officer since February 22, 2006. Mr. Rocchietta began his career at Nouveaux Constructeurs. In 1990, he...
CEO Compensation Analysis
Compensation vs Market: Georges's total compensation ($USD617.63K) is above average for companies of similar size in the French market ($USD408.59K).
Compensation vs Earnings: Georges's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Board: FATL's board of directors are considered experienced (6.3 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.
Fonciere Atland's employee growth, exchange listings and data sources
- Name: Fonciere Atland
- Ticker: FATL
- Exchange: ENXTPA
- Founded: 1959
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: €180.513m
- Shares outstanding: 4.38m
- Website: https://www.fonciere-atland.fr
Number of Employees
- Fonciere Atland
- 40, avenue George V
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 22:26|
|End of Day Share Price||2021/09/17 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.