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ALTAREIT (AREIT.PA) Stock Fundamental Analysis

Europe - EPA:AREIT - FR0000039216 - Common Stock

525 EUR
0 (0%)
Last: 9/19/2025, 7:00:00 PM
Fundamental Rating

2

Taking everything into account, AREIT scores 2 out of 10 in our fundamental rating. AREIT was compared to 75 industry peers in the Real Estate Management & Development industry. AREIT scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. AREIT is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

AREIT had negative earnings in the past year.
In the past year AREIT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AREIT reported negative net income in multiple years.
Of the past 5 years AREIT 4 years had a positive operating cash flow.
AREIT.PA Yearly Net Income VS EBIT VS OCF VS FCFAREIT.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M

1.2 Ratios

AREIT's Return On Assets of -1.84% is on the low side compared to the rest of the industry. AREIT is outperformed by 65.33% of its industry peers.
Looking at the Return On Equity, with a value of -8.22%, AREIT is doing worse than 69.33% of the companies in the same industry.
AREIT's Return On Invested Capital of 1.02% is in line compared to the rest of the industry. AREIT outperforms 45.33% of its industry peers.
Industry RankSector Rank
ROA -1.84%
ROE -8.22%
ROIC 1.02%
ROA(3y)-2.85%
ROA(5y)-1.06%
ROE(3y)-14.56%
ROE(5y)-5.87%
ROIC(3y)N/A
ROIC(5y)N/A
AREIT.PA Yearly ROA, ROE, ROICAREIT.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

1.3 Margins

With a Operating Margin value of 0.93%, AREIT is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
AREIT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 16.64%, AREIT is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of AREIT has declined.
Industry RankSector Rank
OM 0.93%
PM (TTM) N/A
GM 16.64%
OM growth 3Y-50.62%
OM growth 5Y-32.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.03%
GM growth 5Y-5.31%
AREIT.PA Yearly Profit, Operating, Gross MarginsAREIT.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AREIT is destroying value.
The number of shares outstanding for AREIT remains at a similar level compared to 1 year ago.
AREIT has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for AREIT is higher compared to a year ago.
AREIT.PA Yearly Shares OutstandingAREIT.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500K 1M 1.5M
AREIT.PA Yearly Total Debt VS Total AssetsAREIT.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

Based on the Altman-Z score of 1.39, we must say that AREIT is in the distress zone and has some risk of bankruptcy.
AREIT's Altman-Z score of 1.39 is fine compared to the rest of the industry. AREIT outperforms 69.33% of its industry peers.
The Debt to FCF ratio of AREIT is 4.57, which is a neutral value as it means it would take AREIT, 4.57 years of fcf income to pay off all of its debts.
AREIT has a Debt to FCF ratio of 4.57. This is amongst the best in the industry. AREIT outperforms 84.00% of its industry peers.
AREIT has a Debt/Equity ratio of 0.96. This is a neutral value indicating AREIT is somewhat dependend on debt financing.
AREIT has a worse Debt to Equity ratio (0.96) than 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF 4.57
Altman-Z 1.39
ROIC/WACC0.17
WACC5.87%
AREIT.PA Yearly LT Debt VS Equity VS FCFAREIT.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 1.22 indicates that AREIT should not have too much problems paying its short term obligations.
AREIT's Current ratio of 1.22 is in line compared to the rest of the industry. AREIT outperforms 45.33% of its industry peers.
A Quick Ratio of 0.74 indicates that AREIT may have some problems paying its short term obligations.
AREIT's Quick ratio of 0.74 is in line compared to the rest of the industry. AREIT outperforms 46.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.22
Quick Ratio 0.74
AREIT.PA Yearly Current Assets VS Current LiabilitesAREIT.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

0

3. Growth

3.1 Past

AREIT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 82.00%, which is quite impressive.
The Revenue has decreased by -6.91% in the past year.
AREIT shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.00% yearly.
EPS 1Y (TTM)82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.86%
Revenue 1Y (TTM)-6.91%
Revenue growth 3Y-4.16%
Revenue growth 5Y-3%
Sales Q2Q%-23.82%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
AREIT.PA Yearly Revenue VS EstimatesAREIT.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2

4. Valuation

4.1 Price/Earnings Ratio

AREIT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
AREIT.PA Price Earnings VS Forward Price EarningsAREIT.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, AREIT is valued a bit cheaper than 61.33% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AREIT indicates a rather cheap valuation: AREIT is cheaper than 84.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.09
EV/EBITDA 20.06
AREIT.PA Per share dataAREIT.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 200 400 600 800 1K

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

AREIT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

ALTAREIT

EPA:AREIT (9/19/2025, 7:00:00 PM)

525

0 (0%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)07-29 2025-07-29
Earnings (Next)02-23 2026-02-23
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners99.85%
Ins Owner ChangeN/A
Market Cap918.75M
Analysts78
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.41
P/FCF 5.09
P/OCF 3.84
P/B 1.29
P/tB 2.4
EV/EBITDA 20.06
EPS(TTM)-33.52
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)103.09
FCFY19.64%
OCF(TTM)136.86
OCFY26.07%
SpS1269.89
BVpS407.6
TBVpS218.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -1.84%
ROE -8.22%
ROCE 1.65%
ROIC 1.02%
ROICexc 1.17%
ROICexgc 1.57%
OM 0.93%
PM (TTM) N/A
GM 16.64%
FCFM 8.12%
ROA(3y)-2.85%
ROA(5y)-1.06%
ROE(3y)-14.56%
ROE(5y)-5.87%
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-39.13%
ROICexcg growth 5Y-24.87%
ROICexc growth 3Y-44.01%
ROICexc growth 5Y-28.25%
OM growth 3Y-50.62%
OM growth 5Y-32.09%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.03%
GM growth 5Y-5.31%
F-Score6
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF 4.57
Debt/EBITDA 10.34
Cap/Depr 130.75%
Cap/Sales 2.66%
Interest Coverage 0.3
Cash Conversion 363.43%
Profit Quality N/A
Current Ratio 1.22
Quick Ratio 0.74
Altman-Z 1.39
F-Score6
WACC5.87%
ROIC/WACC0.17
Cap/Depr(3y)26.41%
Cap/Depr(5y)37.36%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.45%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%22.86%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.91%
Revenue growth 3Y-4.16%
Revenue growth 5Y-3%
Sales Q2Q%-23.82%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y106.53%
EBIT growth 3Y-52.68%
EBIT growth 5Y-34.13%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y76.86%
FCF growth 3Y76.04%
FCF growth 5Y6.06%
OCF growth 1Y126.59%
OCF growth 3Y70.6%
OCF growth 5Y7.85%