ALTAREA (ALTA.PA) Stock Fundamental Analysis
EPA:ALTA - Euronext Paris - Matif - FR0000033219 - REIT - Currency: EUR
Taking everything into account, ALTA scores 4 out of 10 in our fundamental rating. ALTA was compared to 6 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.
In the past 5 years ALTA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ALTA (0.07%) is comparable to the rest of the industry.
ALTA has a Return On Equity (0.36%) which is comparable to the rest of the industry.
The Return On Invested Capital of ALTA (2.61%) is comparable to the rest of the 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
ALTA has a Profit Margin (0.22%) which is comparable to the rest of the industry.
ALTA's Profit Margin has declined in the last couple of years.
The Operating Margin of ALTA (7.50%) is worse than 66.67% of its industry peers.
ALTA's Operating Margin has declined in the last couple of years.
ALTA has a Gross Margin (20.89%) which is in line with 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.
Compared to 1 year ago, ALTA has more shares outstanding
ALTA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALTA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.88, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
ALTA has a better Altman-Z score (0.88) than 83.33% of its industry peers.
ALTA has a debt to FCF ratio of 7.56. This is a slightly negative value and a sign of low solvency as ALTA would need 7.56 years to pay back of all of its debts.
ALTA has a better Debt to FCF ratio (7.56) than 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.
ALTA's Debt to Equity ratio of 1.36 is on the low side compared to the rest of the industry. ALTA is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.56 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.44
WACC5.88%
2.3 Liquidity
A Current Ratio of 1.25 indicates that ALTA should not have too much problems paying its short term obligations.
ALTA has a better Current ratio (1.25) than 100.00% of its industry peers.
A Quick Ratio of 0.88 indicates that ALTA may have some problems paying its short term obligations.
The Quick ratio of ALTA (0.88) is better than 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
The Earnings Per Share is expected to grow by 25.92% on average over the next years. This is a very strong growth
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 321.25, which means the current valuation is very expensive for ALTA.
ALTA's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.25. ALTA is valued rather expensively when compared to this.
ALTA is valuated correctly with a Price/Forward Earnings ratio of 14.75.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALTA indicates a somewhat cheap valuation: ALTA is cheaper than 66.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.15. ALTA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 321.25 | ||
| Fwd PE | 14.75 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALTA indicates a rather cheap valuation: ALTA is cheaper than 100.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ALTA indicates a rather cheap valuation: ALTA is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.25 | ||
| EV/EBITDA | 16.07 |
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)25.49
PEG (5Y)N/A
EPS Next 2Y21.53%
EPS Next 3Y25.92%
5. Dividend
5.1 Amount
ALTA has a Yearly Dividend Yield of 7.74%, which is a nice return.
ALTA's Dividend Yield is rather good when compared to the industry average which is at 6.41. ALTA pays more dividend than 83.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, ALTA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.74% |
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
2768.85% of the earnings are spent on dividend by ALTA. 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 (5/30/2025, 7:00:00 PM)
102.8
-0.6 (-0.58%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners35.25%
Inst Owner ChangeN/A
Ins Owners46.21%
Ins Owner ChangeN/A
Market Cap2.27B
Analysts80
Price Target111.69 (8.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.74% |
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)2.82%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.8%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)9.78%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 321.25 | ||
| Fwd PE | 14.75 | ||
| P/S | 0.82 | ||
| P/FCF | 6.25 | ||
| P/OCF | 5.25 | ||
| P/B | 1.34 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 16.07 |
EPS(TTM)0.32
EY0.31%
EPS(NY)6.97
Fwd EY6.78%
FCF(TTM)16.44
FCFY15.99%
OCF(TTM)19.6
OCFY19.06%
SpS125.5
BVpS76.8
TBVpS60.52
PEG (NY)25.49
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 | 0.88 |
F-Score6
WACC5.88%
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%