Fonciere Atland operates as a real estate investment trust. More Details
Good value with proven track record.
Share Price & News
How has Fonciere Atland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FATL has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FATL exceeded the French REITs industry which returned -31.8% over the past year.
Return vs Market: FATL exceeded the French Market which returned -5.7% over the past year.
Price Volatility Vs. Market
How volatile is Fonciere Atland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StFonciere Atland (EPA:FATL) Has Gifted Shareholders With A Fantastic 163% Total Return On Their Investment
2 months ago | Simply Wall StDo Fonciere Atland's (EPA:FATL) Earnings Warrant Your Attention?
3 months ago | Simply Wall StFonciere Atland (EPA:FATL) Delivered A Better ROE Than Its Industry
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 (€159) is trading below our estimate of fair value (€2044.79)
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 (4x) compared to the FR REITs industry average (7.9x).
PE vs Market: FATL is good value based on its PE Ratio (4x) compared to the French market (17.2x).
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 (1.2x) 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.
- Examine whether Fonciere Atland 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.
- Fonciere Atland 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 Fonciere Atland performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FATL has high quality earnings.
Growing Profit Margin: FATL's current net profit margins (22%) are lower than last year (25%).
Past Earnings Growth Analysis
Earnings Trend: FATL's earnings have grown significantly by 34.7% per year over the past 5 years.
Accelerating Growth: FATL's earnings growth over the past year (267.3%) exceeds its 5-year average (34.7% per year).
Earnings vs Industry: FATL earnings growth over the past year (267.3%) exceeded the REITs industry 13.2%.
Return on Equity
High ROE: FATL's Return on Equity (19.9%) is considered low.
How is Fonciere Atland's financial position?
Financial Position Analysis
Short Term Liabilities: FATL's short term assets (€284.6M) exceed its short term liabilities (€149.2M).
Long Term Liabilities: FATL's short term assets (€284.6M) exceed its long term liabilities (€176.7M).
Debt to Equity History and Analysis
Debt Level: FATL's debt to equity ratio (167.5%) is considered high.
Reducing Debt: FATL's debt to equity ratio has reduced from 266.5% to 167.5% over the past 5 years.
Debt Coverage: FATL's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: FATL earns more interest than it pays, so coverage of interest payments is not a concern.
What is Fonciere Atland current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FATL's dividend (4.4%) is higher than the bottom 25% of dividend payers in the French market (1.55%).
High Dividend: FATL's dividend (4.4%) is low compared to the top 25% of dividend payers in the French market (4.97%).
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 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.1%), FATL's dividend payments are thoroughly 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 (56 yo)
Mr. Georges Rocchietta serves as the Founder, Chairman and Chief Executive Officer of Fonciere Atland. Mr. Rocchietta began his career at Nouveaux Constructeurs. In 1990, he participated in the creation of ...
CEO Compensation Analysis
Compensation vs Market: Georges's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD549.54K).
Compensation vs Earnings: Georges's compensation has been consistent with company performance over the past year.
|Founder||no data||€330.00k||0.00011% |
|Independent Director||14.67yrs||€3.33k||2.27% |
|Independent Director||8.33yrs||€176.98k||0.0028% |
|Independent Director||5.33yrs||€7.00k||0.00011% |
|Director||2.33yrs||no data||no data|
Experienced Board: FATL's board of directors are considered experienced (4.8 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 been substantially diluted in the past year, with total shares outstanding growing by 57%.
Fonciere Atland's company bio, employee growth, exchange listings and data sources
- Name: Fonciere Atland
- Ticker: FATL
- Exchange: ENXTPA
- Founded: 1959
- Industry: Diversified REITs
- Sector: Real Estate
- Market Cap: €140.809m
- Shares outstanding: 885.59k
- Website: https://www.fonciere-atland.fr
Number of Employees
- Fonciere Atland
- 40, avenue George V
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FATL||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|FATLP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|0OL3||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
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 constr ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 04:03|
|End of Day Share Price||2020/09/17 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.