Upcoming Dividend • Jun 03
Upcoming dividend of €0.24 per share Eligible shareholders must have bought the stock before 10 June 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of French dividend payers (5.5%). Higher than average of industry peers (2.6%). Duyuru • Mar 25
CBo Territoria SA, Annual General Meeting, Apr 28, 2026 CBo Territoria SA, Annual General Meeting, Apr 28, 2026. Location: 8 rue pondichery, la mare, sainte marie France Reported Earnings • Mar 06
Full year 2025 earnings released: EPS: €0.49 (vs €0.41 in FY 2024) Full year 2025 results: EPS: €0.49 (up from €0.41 in FY 2024). Revenue: €53.3m (down 20% from FY 2024). Net income: €17.2m (up 18% from FY 2024). Profit margin: 32% (up from 22% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Duyuru • Mar 05
CBo Territoria SA announces Annual dividend, payable on June 12, 2026 CBo Territoria SA announced Annual dividend of EUR 0.2400 per share payable on June 12, 2026, ex-date on June 10, 2026 and record date on June 11, 2026. Duyuru • Mar 03
CBo Territoria SA to Report First Half, 2026 Results on Sep 08, 2026 CBo Territoria SA announced that they will report first half, 2026 results on Sep 08, 2026 New Risk • Feb 27
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings have declined by 0.2% per year over the past 5 years. Duyuru • Feb 17
CBo Territoria SA to Report Fiscal Year 2025 Results on Mar 03, 2026 CBo Territoria SA announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Mar 03, 2026 Upcoming Dividend • Jun 04
Upcoming dividend of €0.24 per share Eligible shareholders must have bought the stock before 11 June 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of French dividend payers (5.5%). Higher than average of industry peers (2.3%). Duyuru • Mar 26
CBo Territoria SA, Annual General Meeting, Apr 30, 2025 CBo Territoria SA, Annual General Meeting, Apr 30, 2025. Location: hub lizine, 8 rue pondichery, la mare, sainte marie France Reported Earnings • Mar 09
Full year 2024 earnings released: EPS: €0.41 (vs €0.39 in FY 2023) Full year 2024 results: EPS: €0.41 (up from €0.39 in FY 2023). Revenue: €66.6m (down 22% from FY 2023). Net income: €14.6m (up 3.6% from FY 2023). Profit margin: 22% (up from 17% in FY 2023). The increase in margin was driven by lower expenses. Revenue is expected to fall by 2.3% p.a. on average during the next 2 years compared to a 1.2% decline forecast for the Real Estate industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Duyuru • Mar 08
CBo Territoria SA announces Annual dividend, payable on June 13, 2025 CBo Territoria SA announced Annual dividend of EUR 0.2400 per share payable on June 13, 2025, ex-date on June 11, 2025 and record date on June 12, 2025. Major Estimate Revision • Sep 13
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €81.0m to €72.5m. EPS estimate fell from €0.50 to €0.44 per share. Net income forecast to grow 14% next year vs 22% growth forecast for Real Estate industry in France. Consensus price target of €4.60 unchanged from last update. Share price was steady at €3.55 over the past week. Upcoming Dividend • Jun 05
Upcoming dividend of €0.24 per share Eligible shareholders must have bought the stock before 12 June 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of French dividend payers (5.1%). Higher than average of industry peers (3.0%). Duyuru • May 03
CBo Territoria SA to Report First Half, 2024 Results on Sep 11, 2024 CBo Territoria SA announced that they will report first half, 2024 results on Sep 11, 2024 Major Estimate Revision • Mar 13
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €85.0m to €81.0m. EPS estimate also fell from €0.60 per share to €0.50 per share. Net income forecast to grow 29% next year vs 5.0% growth forecast for Real Estate industry in France. Consensus price target of €4.60 unchanged from last update. Share price rose 2.8% to €3.69 over the past week. Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: €0.39 (vs €0.45 in FY 2022) Full year 2023 results: EPS: €0.39 (down from €0.45 in FY 2022). Revenue: €84.9m (up 3.1% from FY 2022). Net income: €14.1m (down 12% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 1.1% decline forecast for the Real Estate industry in France. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year. Duyuru • Mar 07
CBo Territoria SA, Annual General Meeting, May 02, 2024 CBo Territoria SA, Annual General Meeting, May 02, 2024. Location: La Réunion Sainte-marie France Agenda: To recommend a proposed a stable dividend of 0.24 euro per share for 2023 the payment in full in cash. Reported Earnings • Sep 15
First half 2023 earnings released: EPS: €0.27 (vs €0.23 in 1H 2022) First half 2023 results: EPS: €0.27 (up from €0.23 in 1H 2022). Revenue: €41.7m (up 25% from 1H 2022). Net income: €9.80m (up 17% from 1H 2022). Profit margin: 24% (down from 25% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Real Estate industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Duyuru • Sep 14
CBo Territoria SA to Report Fiscal Year 2023 Results on Feb 06, 2024 CBo Territoria SA announced that they will report fiscal year 2023 results on Feb 06, 2024 Board Change • Jul 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jocelyne Ative was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Jun 29
CBo Territoria SA announced that it expects to receive €15 million in funding CBo Territoria SA announced a private placement of net share settled convertible bonds for the gross proceeds of €15 million on June 27, 2023. The bonds are fully convertible at a premium of 15% into common shares and are issued at par. The bonds bear interest rate of 7% payable semiannually in arrears and will mature on June 30, 2028. Upcoming Dividend • Jun 06
Upcoming dividend of €0.24 per share at 6.2% yield Eligible shareholders must have bought the stock before 13 June 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of French dividend payers (5.2%). In line with average of industry peers (6.5%). Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: €0.45 (vs €0.44 in FY 2021) Full year 2022 results: EPS: €0.45 (up from €0.44 in FY 2021). Revenue: €82.1m (down 4.4% from FY 2021). Net income: €16.0m (up 1.8% from FY 2021). Profit margin: 20% (up from 18% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Sep 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be €4.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 9.1% in 2 years. Earnings is forecast to grow by 3.1% in the next 2 years. Reported Earnings • Sep 14
First half 2022 earnings released: EPS: €0.20 (vs €0.20 in 1H 2021) First half 2022 results: EPS: €0.20. Revenue: €33.3m (down 8.6% from 1H 2021). Net income: €8.40m (up 15% from 1H 2021). Profit margin: 25% (up from 20% in 1H 2021). The increase in margin was driven by lower expenses. Duyuru • Jul 08
CBo Territoria SA (ENXTPA:CBOT) signed an agreement to acquire 40% stake in outdoor business of Ilop Réunion. CBo Territoria SA (ENXTPA:CBOT) signed an agreement to acquire 40% stake in outdoor business of Ilop Réunion on July 6, 2022. Upcoming Dividend • Jun 07
Upcoming dividend of €0.24 per share Eligible shareholders must have bought the stock before 14 June 2022. Payment date: 16 June 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of French dividend payers (4.9%). In line with average of industry peers (5.9%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Lead Independent Director Sophie Malarme-Lecloux was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 18
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: €0.39 (down from €0.41 in FY 2020). Revenue: €85.7m (down 17% from FY 2020). Net income: €15.7m (up 10% from FY 2020). Profit margin: 18% (up from 14% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 16
First half 2021 earnings released: EPS €0.18 (vs €0.12 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: €36.4m (down 3.9% from 1H 2020). Net income: €7.30m (up 73% from 1H 2020). Profit margin: 20% (up from 11% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 08
Upcoming dividend of €0.23 per share Eligible shareholders must have bought the stock before 14 June 2021. Payment date: 16 June 2021. Trailing yield: 6.0%. Within top quartile of French dividend payers (3.7%). Higher than average of industry peers (4.5%). Reported Earnings • Mar 25
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €103.6m (down 6.7% from FY 2019). Net income: €14.2m (up 18% from FY 2019). Profit margin: 14% (up from 11% in FY 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Mar 10
New 90-day high: €3.71 The company is up 2.0% from its price of €3.64 on 10 December 2020. The French market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: €3.69 The company is up 6.0% from its price of €3.47 on 09 October 2020. The French market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: €3.64 The company is up 9.0% from its price of €3.33 on 11 September 2020. The French market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 3.0% over the same period. Duyuru • Dec 03
Alter Immobilier agreed to acquire Habitat Property Management Business from CBo Territoria Société Anonyme (ENXTPA:CBOT). Alter Immobilier agreed to acquire Habitat Property Management Business from CBo Territoria Société Anonyme (ENXTPA:CBOT) on December 2, 2020. Habitat Property Management Business included 338 intermediary housing units of CBo Territoria Société Anonyme and 166 Habitat Management Mandates on behalf of third parties. Is New 90 Day High Low • Nov 11
New 90-day high: €3.55 The company is up 10.0% from its price of €3.24 on 12 August 2020. The French market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 6.0% over the same period. Is New 90 Day High Low • Oct 03
New 90-day high: €3.50 The company is up 1.0% from its price of €3.46 on 03 July 2020. The French market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 3.0% over the same period. Reported Earnings • Sep 21
First half earnings released Over the last 12 months the company has reported total profits of €10.9m, down 5.9% from the prior year. Total revenue was €100.4m over the last 12 months, up 6.9% from the prior year. 
