ALTAREA (ALTA.PA) Stock Fundamental Analysis
EPA:ALTA - Euronext Paris - Matif - FR0000033219 - REIT - Currency: EUR
ALTA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 5 industry peers in the Residential REITs industry. The financial health of ALTA is average, but there are quite some concerns on its profitability. ALTA has a correct valuation and a medium growth rate. Finally ALTA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ALTA had positive earnings in the past year.
In the past year ALTA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ALTA reported negative net income in multiple years.
In the past 5 years ALTA always reported a positive cash flow from operatings.
1.2 Ratios
ALTA's Return On Assets of 0.07% is on the low side compared to the rest of the industry. ALTA is outperformed by 60.00% of its industry peers.
ALTA has a Return On Equity of 0.36%. This is in the lower half of the industry: ALTA underperforms 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.61%, ALTA is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.07% | ||
| ROE | 0.36% | ||
| ROIC | 2.61% |
ROA(3y)-0.67%
ROA(5y)-0.64%
ROE(3y)-4.31%
ROE(5y)-4.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 0.22%, ALTA is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Profit Margin of ALTA has declined.
ALTA's Operating Margin of 7.50% is on the low side compared to the rest of the industry. ALTA is outperformed by 80.00% of its industry peers.
In the last couple of years the Operating Margin of ALTA has declined.
The Gross Margin of ALTA (20.89%) is worse than 60.00% of its industry peers.
In the last couple of years the Gross Margin of ALTA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.5% | ||
| PM (TTM) | 0.22% | ||
| GM | 20.89% |
OM growth 3Y-3.85%
OM growth 5Y-3.69%
PM growth 3Y-68.4%
PM growth 5Y-50.63%
GM growth 3Y-3.36%
GM growth 5Y-2.04%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ALTA is destroying value.
ALTA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALTA has more shares outstanding
Compared to 1 year ago, ALTA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.90, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.90, ALTA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of ALTA is 7.56, which is on the high side as it means it would take ALTA, 7.56 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ALTA (7.56) is better than 100.00% of its industry peers.
ALTA has a Debt/Equity ratio of 1.36. This is a high value indicating a heavy dependency on external financing.
ALTA has a Debt to Equity ratio of 1.36. This is amonst the worse of the industry: ALTA underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.56 | ||
| Altman-Z | 0.9 |
ROIC/WACC0.44
WACC5.92%
2.3 Liquidity
A Current Ratio of 1.25 indicates that ALTA should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.25, ALTA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 0.88 indicates that ALTA may have some problems paying its short term obligations.
ALTA's Quick ratio of 0.88 is amongst the best of the industry. ALTA outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 101.39% over the past year.
The earnings per share for ALTA have been decreasing by -54.21% on average. This is quite bad
ALTA shows a small growth in Revenue. In the last year, the Revenue has grown by 2.07%.
Measured over the past years, ALTA shows a decrease in Revenue. The Revenue has been decreasing by -2.30% on average per year.
EPS 1Y (TTM)101.39%
EPS 3Y-71%
EPS 5Y-54.21%
EPS Q2Q%95.72%
Revenue 1Y (TTM)2.07%
Revenue growth 3Y-2.96%
Revenue growth 5Y-2.3%
Sales Q2Q%7.45%
3.2 Future
ALTA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.92% yearly.
Based on estimates for the next years, ALTA will show a small growth in Revenue. The Revenue will grow by 3.09% on average per year.
EPS Next Y12.6%
EPS Next 2Y21.53%
EPS Next 3Y25.92%
EPS Next 5YN/A
Revenue Next Year-0.62%
Revenue Next 2Y1.21%
Revenue Next 3Y3.09%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 327.50, which means the current valuation is very expensive for ALTA.
Compared to the rest of the industry, the Price/Earnings ratio of ALTA indicates a slightly more expensive valuation: ALTA is more expensive than 60.00% of the companies listed in the same industry.
ALTA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.82.
A Price/Forward Earnings ratio of 15.03 indicates a correct valuation of ALTA.
ALTA's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.21. ALTA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 327.5 | ||
| Fwd PE | 15.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALTA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ALTA is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.73 | ||
| EV/EBITDA | 17.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ALTA does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as ALTA's earnings are expected to grow with 25.92% in the coming years.
PEG (NY)25.99
PEG (5Y)N/A
EPS Next 2Y21.53%
EPS Next 3Y25.92%
5. Dividend
5.1 Amount
ALTA has a Yearly Dividend Yield of 7.86%, which is a nice return.
Compared to an average industry Dividend Yield of 5.61, ALTA pays a better dividend. On top of this ALTA pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, ALTA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.86% |
5.2 History
The dividend of ALTA has a limited annual growth rate of 3.33%.
Dividend Growth(5Y)3.33%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ALTA pays out 2768.85% of its income as dividend. This is not a sustainable payout ratio.
ALTA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP2768.85%
EPS Next 2Y21.53%
EPS Next 3Y25.92%
EPA:ALTA (8/1/2025, 7:00:00 PM)
104.8
-3.6 (-3.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners36.65%
Inst Owner ChangeN/A
Ins Owners45.76%
Ins Owner ChangeN/A
Market Cap2.44B
Analysts45.45
Price Target111.69 (6.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.86% |
Yearly Dividend7.95
Dividend Growth(5Y)3.33%
DP2768.85%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 327.5 | ||
| Fwd PE | 15.03 | ||
| P/S | 0.88 | ||
| P/FCF | 6.73 | ||
| P/OCF | 5.65 | ||
| P/B | 1.44 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | 17.08 |
EPS(TTM)0.32
EY0.31%
EPS(NY)6.97
Fwd EY6.65%
FCF(TTM)15.57
FCFY14.85%
OCF(TTM)18.55
OCFY17.7%
SpS118.82
BVpS72.72
TBVpS57.3
PEG (NY)25.99
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.07% | ||
| ROE | 0.36% | ||
| ROCE | 3.61% | ||
| ROIC | 2.61% | ||
| ROICexc | 3.03% | ||
| ROICexgc | 3.27% | ||
| OM | 7.5% | ||
| PM (TTM) | 0.22% | ||
| GM | 20.89% | ||
| FCFM | 13.1% |
ROA(3y)-0.67%
ROA(5y)-0.64%
ROE(3y)-4.31%
ROE(5y)-4.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-2.57%
ROICexcg growth 5Y-1.55%
ROICexc growth 3Y-3.01%
ROICexc growth 5Y-1.93%
OM growth 3Y-3.85%
OM growth 5Y-3.69%
PM growth 3Y-68.4%
PM growth 5Y-50.63%
GM growth 3Y-3.36%
GM growth 5Y-2.04%
F-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.56 | ||
| Debt/EBITDA | 9.04 | ||
| Cap/Depr | 147.15% | ||
| Cap/Sales | 2.51% | ||
| Interest Coverage | 1.36 | ||
| Cash Conversion | 169.6% | ||
| Profit Quality | 5945.9% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 0.9 |
F-Score6
WACC5.92%
ROIC/WACC0.44
Cap/Depr(3y)105.27%
Cap/Depr(5y)179.99%
Cap/Sales(3y)1.81%
Cap/Sales(5y)2.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)101.39%
EPS 3Y-71%
EPS 5Y-54.21%
EPS Q2Q%95.72%
EPS Next Y12.6%
EPS Next 2Y21.53%
EPS Next 3Y25.92%
EPS Next 5YN/A
Revenue 1Y (TTM)2.07%
Revenue growth 3Y-2.96%
Revenue growth 5Y-2.3%
Sales Q2Q%7.45%
Revenue Next Year-0.62%
Revenue Next 2Y1.21%
Revenue Next 3Y3.09%
Revenue Next 5YN/A
EBIT growth 1Y231.48%
EBIT growth 3Y-6.7%
EBIT growth 5Y-5.9%
EBIT Next Year45.4%
EBIT Next 3Y23.96%
EBIT Next 5YN/A
FCF growth 1Y25.07%
FCF growth 3Y50.03%
FCF growth 5Y19.93%
OCF growth 1Y30.8%
OCF growth 3Y26.41%
OCF growth 5Y5.03%