ENXTPA:SPEL

Stock Analysis Report

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Executive Summary

Foncière Volta engages in real estate business in France and internationally. More Details


Snowflake Analysis

Fair value with mediocre 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

-0.7%

SPEL

0.7%

FR Real Estate

0.7%

FR Market


1 Year Return

-5.0%

SPEL

-14.6%

FR Real Estate

1.0%

FR Market

Return vs Industry: SPEL exceeded the French Real Estate industry which returned -16.4% over the past year.

Return vs Market: SPEL underperformed the French Market which returned -1.4% over the past year.


Shareholder returns

SPELIndustryMarket
7 Day-0.7%0.7%0.7%
30 Day4.7%15.4%19.1%
90 Day-1.5%2.9%11.1%
1 Year-5.0%-5.0%-10.8%-14.6%3.1%1.0%
3 Year59.9%59.9%-2.5%-14.5%18.8%8.9%
5 Year110.4%110.4%59.8%31.4%51.6%31.1%

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

Valuation

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

4.2x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SPEL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SPEL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SPEL is good value based on its PE Ratio (4.2x) compared to the FR Real Estate industry average (11x).

PE vs Market: SPEL is good value based on its PE Ratio (4.2x) 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?

27.5%

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 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

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 high level of non-cash earnings.

Growing Profit Margin: SPEL's current net profit margins (16.2%) are lower than last year .


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 (15.4%) 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 (€66.3M) exceed its short term liabilities (€26.8M).

Long Term Liabilities: SPEL's short term assets (€66.3M) do not cover its long term liabilities (€86.9M).


Debt to Equity History and Analysis

Debt Level: SPEL's debt to equity ratio (67%) is considered high.

Reducing Debt: SPEL's debt to equity ratio has reduced from 107.7% to 67% over the past 5 years.

Debt Coverage: SPEL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SPEL's interest payments on its debt are well covered by EBIT (8.8x 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

NamePositionTenureCompensationOwnership
Herve Giaoui
Deputy CEO & Director5.92yrs€3.85k24.78%
€ 18.3m
André Saada
Deputy CEO & Directorno datano data21.67%
€ 16.0m
Jean-Daniel Cohen
Chairman of the Board1.67yrs€5.39kno data
Sandrine Choukroun
Directorno data€5.39kno data
Pierre-François Veil
Directorno data€5.39kno data
Nicole Guedj
Directorno datano datano data
Jessy Saada
Directorno datano datano data
Evelyne Vaturi
Directorno datano datano data
Charlotte Zweibaum
Director2.08yrs€5.39kno data
Maya Meyer
Director2.08yrs€2.31kno 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: €73.995m
  • Shares outstanding: 11.04m
  • Website: https://www.foncierevolta.com

Number of Employees


Location

  • Foncière Volta
  • 3 avenue Hoche
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPELENXTPA (Euronext Paris)YesOrdinary SharesFREURFeb 1996
0J79LSE (London Stock Exchange)YesOrdinary SharesGBEURFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 18:36
End of Day Share Price2020/12/01 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.