ALTAREA (ALTA.PA) Stock Fundamental Analysis
EPA:ALTA - Euronext Paris - Matif - FR0000033219 - REIT - Currency: EUR
Overall ALTA gets a fundamental rating of 4 out of 10. We evaluated ALTA against 5 industry peers in the Residential REITs industry. ALTA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ALTA is not valued too expensively and it also shows a decent growth rate. Finally ALTA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ALTA was profitable.
In the past year ALTA had a positive cash flow from operations.
In multiple years ALTA reported negative net income over the last 5 years.
Each year in the past 5 years ALTA had a positive operating cash flow.
1.2 Ratios
ALTA has a Return On Assets of 0.07%. This is in the lower half of the industry: ALTA underperforms 60.00% of its industry peers.
ALTA's Return On Equity of 0.36% 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 Invested Capital of 2.61%. This is in the lower half of the industry: ALTA underperforms 60.00% of its industry peers.
| 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
With a Profit Margin value of 0.22%, ALTA is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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.
ALTA's Operating Margin has declined in the last couple of years.
ALTA has a Gross Margin of 20.89%. This is in the lower half of the industry: ALTA underperforms 60.00% of its industry peers.
ALTA's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALTA is destroying value.
The number of shares outstanding for ALTA has been increased compared to 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 0.89, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
ALTA has a better Altman-Z score (0.89) than 100.00% of its industry peers.
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.
ALTA has a Debt to FCF ratio of 7.56. This is amongst the best in the industry. ALTA outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 1.36 is on the high side and indicates that ALTA has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.36, ALTA is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.56 | ||
| Altman-Z | 0.89 |
ROIC/WACC0.44
WACC5.89%
2.3 Liquidity
ALTA has a Current Ratio of 1.25. This is a normal value and indicates that ALTA is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.25, ALTA belongs to the top 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.
Looking at the Quick ratio, with a value of 0.88, ALTA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
ALTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 101.39%, which is quite impressive.
The earnings per share for ALTA have been decreasing by -54.21% on average. This is quite bad
The Revenue has been growing slightly by 2.07% in the past year.
ALTA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.30% yearly.
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
Based on estimates for the next years, ALTA will show a very strong growth in Earnings Per Share. The EPS will grow by 25.92% on average per year.
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
With a Price/Earnings ratio of 331.25, ALTA can be considered very expensive at the moment.
ALTA's Price/Earnings ratio is a bit more expensive when compared to the industry. ALTA is more expensive than 60.00% of the companies in the same industry.
ALTA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.91.
With a Price/Forward Earnings ratio of 15.20, ALTA is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as ALTA.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.11, ALTA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 331.25 | ||
| Fwd PE | 15.2 |
4.2 Price Multiples
ALTA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ALTA is cheaper than 100.00% of the companies in the same industry.
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 | 6.81 | ||
| EV/EBITDA | 16.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as ALTA's earnings are expected to grow with 25.92% in the coming years.
PEG (NY)26.28
PEG (5Y)N/A
EPS Next 2Y21.53%
EPS Next 3Y25.92%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.86%, ALTA is a good candidate for dividend investing.
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.
ALTA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| 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 (7/30/2025, 5:25:46 PM)
106
+5 (+4.95%)
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 Cap2.47B
Analysts45.45
Price Target111.69 (5.37%)
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 | 331.25 | ||
| Fwd PE | 15.2 | ||
| P/S | 0.89 | ||
| P/FCF | 6.81 | ||
| P/OCF | 5.71 | ||
| P/B | 1.46 | ||
| P/tB | 1.85 | ||
| EV/EBITDA | 16.41 |
EPS(TTM)0.32
EY0.3%
EPS(NY)6.97
Fwd EY6.58%
FCF(TTM)15.57
FCFY14.69%
OCF(TTM)18.55
OCFY17.5%
SpS118.82
BVpS72.72
TBVpS57.3
PEG (NY)26.28
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 | 0.89 |
F-Score6
WACC5.89%
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%