Foncière Volta
Market Cap
€74.3m
Last Updated
2020/11/27 20:02 UTC
Data Sources
Company Financials
Executive Summary
Foncière Volta engages in real estate business in France and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with adequate balance sheet.
Share Price & News
How has Foncière Volta's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine SPEL's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SPEL's volatility change over the past year.
Market Performance
7 Day Return
0%
SPEL
3.9%
FR Real Estate
1.1%
FR Market
1 Year Return
-4.3%
SPEL
-14.7%
FR Real Estate
-2.6%
FR Market
Return vs Industry: SPEL exceeded the French Real Estate industry which returned -15.5% over the past year.
Return vs Market: SPEL underperformed the French Market which returned -3% over the past year.
Shareholder returns
| SPEL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 3.9% | 1.1% |
| 30 Day | 5.5% | 15.8% | 15.2% |
| 90 Day | -0.7% | 4.3% | 11.6% |
| 1 Year | -4.3%-4.3% | -10.8%-14.7% | -0.6%-2.6% |
| 3 Year | 61.1%61.1% | -3.3%-15.3% | 16.8%7.1% |
| 5 Year | 112.0%112.0% | 58.7%30.2% | 48.9%28.7% |
Long-Term Price Volatility Vs. Market
How volatile is Foncière Volta's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Foncière Volta (EPA:SPEL) Shareholders Have Enjoyed An Impressive 111% Share Price Gain4 months ago | Simply Wall St
Foncière Volta (EPA:SPEL) Is Growing Earnings But Are They A Good Guide?5 months ago | Simply Wall St
What Type Of Shareholder Owns Foncière Volta's (EPA:SPEL)?Valuation
Is Foncière Volta undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPEL (€6.7) is trading below our estimate of fair value (€73.93)
Significantly Below Fair Value: SPEL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPEL is good value based on its PE Ratio (1.8x) compared to the FR Real Estate industry average (11.1x).
PE vs Market: SPEL is good value based on its PE Ratio (1.8x) compared to the French market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SPEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPEL is good value based on its PB Ratio (0.6x) compared to the FR Real Estate industry average (1x).
Next Steps
Future Growth
How is Foncière Volta forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
28.0%
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 Foncière Volta 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.
Next Steps
- Examine whether Foncière Volta 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.
- Foncière Volta competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Foncière Volta performed over the past 5 years?
62.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPEL has a large one-off gain of €7.9M impacting its June 30 2020 financial results.
Growing Profit Margin: SPEL's current net profit margins (39.4%) are lower than last year (50.2%).
Past Earnings Growth Analysis
Earnings Trend: SPEL's earnings have grown significantly by 62.8% per year over the past 5 years.
Accelerating Growth: SPEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SPEL had negative earnings growth (-51.2%) over the past year, making it difficult to compare to the Real Estate industry average (-13%).
Return on Equity
High ROE: SPEL's Return on Equity (16.5%) is considered low.
Next Steps
Financial Health
How is Foncière Volta's financial position?
Financial Position Analysis
Short Term Liabilities: SPEL's short term assets (€60.4M) exceed its short term liabilities (€33.1M).
Long Term Liabilities: SPEL's short term assets (€60.4M) do not cover its long term liabilities (€71.4M).
Debt to Equity History and Analysis
Debt Level: SPEL's debt to equity ratio (60.4%) is considered high.
Reducing Debt: SPEL's debt to equity ratio has reduced from 122% to 60.4% over the past 5 years.
Debt Coverage: SPEL's debt is well covered by operating cash flow (114.1%).
Interest Coverage: SPEL's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Foncière Volta current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPEL'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 SPEL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPEL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SPEL is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SPEL's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average board tenure
CEO
Mehdi Guennouni
no data
Tenure
Mr. Mehdi Guennouni has been General Manger of Foncière Volta. He is an Associate at Merchant Equity Partners. He was as Associate at Valco Investments LimitedPrior to this, Mr. Guennouni worked at Goldman...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy CEO & Director | 5.92yrs | €3.85k | 24.69% € 18.3m | |
| Deputy CEO & Director | no data | no data | 21.59% € 16.0m | |
| Chairman of the Board | 1.67yrs | €5.39k | no data | |
| Director | no data | €5.39k | no data | |
| Director | no data | €5.39k | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | 2.08yrs | €5.39k | no data | |
| Director | 2.08yrs | €2.31k | no data |
2.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: SPEL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Foncière Volta's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Foncière Volta
- Ticker: SPEL
- Exchange: ENXTPA
- Founded:
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €74.265m
- Shares outstanding: 11.08m
- Website: https://www.foncierevolta.com
Number of Employees
Location
- Foncière Volta
- 3 avenue Hoche
- Paris
- Ile-de-France
- 75008
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPEL | ENXTPA (Euronext Paris) | Yes | Ordinary Shares | FR | EUR | Feb 1996 |
| 0J79 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Feb 1996 |
Biography
Foncière Volta engages in real estate business in France and internationally. It develops and rents commercial premises, offices, and apartments. The company is headquartered in Paris, France.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 20:02 |
| End of Day Share Price | 2020/11/17 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.