ATENOR (ATEB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:ATEB - BE0003837540 - Common Stock
2.66 EUR
+0.06 (+2.31%)
We assign a fundamental rating of 4 out of 10 to ATEB. ATEB was compared to 73 industry peers in the Real Estate Management & Development industry. While ATEB seems to be doing ok healthwise, there are quite some concerns on its profitability. ATEB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
ATEB had negative earnings in the past year.
ATEB had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ATEB reported negative net income in multiple years.
In the past 5 years ATEB reported 4 times negative operating cash flow.
1.2 Ratios
The Return On Assets of ATEB (-5.65%) is worse than 76.71% of its industry peers.
ATEB has a worse Return On Equity (-19.52%) than 75.34% of its industry peers.
The Return On Invested Capital of ATEB (1.44%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.65% | ||
| ROE | -19.52% | ||
| ROIC | 1.44% |
ROA(3y)-3.86%
ROA(5y)-1.24%
ROE(3y)-15.04%
ROE(5y)-4.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ATEB has a Operating Margin (6.59%) which is in line with its industry peers.
ATEB's Operating Margin has declined in the last couple of years.
ATEB's Gross Margin of 5.28% is on the low side compared to the rest of the industry. ATEB is outperformed by 75.34% of its industry peers.
In the last couple of years the Gross Margin of ATEB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.59% | ||
| PM (TTM) | N/A | ||
| GM | 5.28% |
OM growth 3Y-36.83%
OM growth 5Y-9.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-37.39%
GM growth 5Y-17.51%
2. Health
2.1 Basic Checks
ATEB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ATEB has about the same amount of shares outstanding.
Compared to 5 years ago, ATEB has more shares outstanding
Compared to 1 year ago, ATEB has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.05, we must say that ATEB is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.05, ATEB is in line with its industry, outperforming 54.79% of the companies in the same industry.
ATEB has a debt to FCF ratio of 5.80. This is a neutral value as ATEB would need 5.80 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 5.80, ATEB belongs to the best of the industry, outperforming 82.19% of the companies in the same industry.
A Debt/Equity ratio of 1.60 is on the high side and indicates that ATEB has dependencies on debt financing.
With a Debt to Equity ratio value of 1.60, ATEB is not doing good in the industry: 79.45% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | 5.8 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.32
WACC4.53%
2.3 Liquidity
A Current Ratio of 3.34 indicates that ATEB has no problem at all paying its short term obligations.
ATEB's Current ratio of 3.34 is fine compared to the rest of the industry. ATEB outperforms 79.45% of its industry peers.
A Quick Ratio of 0.41 indicates that ATEB may have some problems paying its short term obligations.
ATEB's Quick ratio of 0.41 is on the low side compared to the rest of the industry. ATEB is outperformed by 65.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.34 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 79.25% over the past year.
Looking at the last year, ATEB shows a quite strong growth in Revenue. The Revenue has grown by 18.70% in the last year.
The Revenue has been growing by 25.45% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)79.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-8069.23%
Revenue 1Y (TTM)18.7%
Revenue growth 3Y24.13%
Revenue growth 5Y25.45%
Sales Q2Q%-60.84%
3.2 Future
ATEB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 93.61% yearly.
The Revenue is expected to grow by 3.75% on average over the next years.
EPS Next Y70.3%
EPS Next 2Y65.61%
EPS Next 3Y93.61%
EPS Next 5YN/A
Revenue Next Year-17.63%
Revenue Next 2Y-3.07%
Revenue Next 3Y3.75%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ATEB reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 10.43, which indicates a very decent valuation of ATEB.
Based on the Price/Forward Earnings ratio, ATEB is valued cheaper than 83.56% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ATEB to the average of the S&P500 Index (36.21), we can say ATEB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.43 |
4.2 Price Multiples
ATEB's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, ATEB is valued cheaper than 97.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.42 | ||
| EV/EBITDA | 47.55 |
4.3 Compensation for Growth
ATEB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ATEB's earnings are expected to grow with 93.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y65.61%
EPS Next 3Y93.61%
5. Dividend
5.1 Amount
ATEB has a Yearly Dividend Yield of 17.56%, which is a nice return.
ATEB's Dividend Yield is rather good when compared to the industry average which is at 7.36. ATEB pays more dividend than 95.89% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, ATEB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.56% |
5.2 History
The dividend of ATEB decreases each year by -28.99%.
Dividend Growth(5Y)-28.99%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y65.61%
EPS Next 3Y93.61%
EBR:ATEB (11/28/2025, 7:00:00 PM)
2.66
+0.06 (+2.31%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners0.4%
Inst Owner ChangeN/A
Ins Owners17.21%
Ins Owner ChangeN/A
Market Cap162.34M
Revenue(TTM)243.69M
Net Income(TTM)-62.09M
Analysts41.82
Price Target4.11 (54.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.56% |
Yearly Dividend0.36
Dividend Growth(5Y)-28.99%
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)-5.47%
PT rev (3m)-5.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-134.48%
EPS NY rev (3m)-287.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.67%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.43 | ||
| P/S | 0.67 | ||
| P/FCF | 1.42 | ||
| P/OCF | 1.41 | ||
| P/B | 0.51 | ||
| P/tB | 0.51 | ||
| EV/EBITDA | 47.55 |
EPS(TTM)-1.33
EYN/A
EPS(NY)0.26
Fwd EY9.59%
FCF(TTM)1.87
FCFY70.25%
OCF(TTM)1.89
OCFY70.89%
SpS3.99
BVpS5.21
TBVpS5.21
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.65% | ||
| ROE | -19.52% | ||
| ROCE | 1.92% | ||
| ROIC | 1.44% | ||
| ROICexc | 1.44% | ||
| ROICexgc | 1.44% | ||
| OM | 6.59% | ||
| PM (TTM) | N/A | ||
| GM | 5.28% | ||
| FCFM | 46.8% |
ROA(3y)-3.86%
ROA(5y)-1.24%
ROE(3y)-15.04%
ROE(5y)-4.61%
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
ROICexgc growth 3Y-23.61%
ROICexgc growth 5Y7.57%
ROICexc growth 3Y-23.61%
ROICexc growth 5Y7.57%
OM growth 3Y-36.83%
OM growth 5Y-9.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-37.39%
GM growth 5Y-17.51%
F-Score4
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | 5.8 | ||
| Debt/EBITDA | 29.45 | ||
| Cap/Depr | 81.74% | ||
| Cap/Sales | 0.42% | ||
| Interest Coverage | 0.47 | ||
| Cash Conversion | 664.6% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.34 | ||
| Quick Ratio | 0.41 | ||
| Altman-Z | 1.05 |
F-Score4
WACC4.53%
ROIC/WACC0.32
Cap/Depr(3y)96.39%
Cap/Depr(5y)99.01%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)79.25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-8069.23%
EPS Next Y70.3%
EPS Next 2Y65.61%
EPS Next 3Y93.61%
EPS Next 5YN/A
Revenue 1Y (TTM)18.7%
Revenue growth 3Y24.13%
Revenue growth 5Y25.45%
Sales Q2Q%-60.84%
Revenue Next Year-17.63%
Revenue Next 2Y-3.07%
Revenue Next 3Y3.75%
Revenue Next 5YN/A
EBIT growth 1Y218.26%
EBIT growth 3Y-21.59%
EBIT growth 5Y13.59%
EBIT Next Year16.05%
EBIT Next 3Y27.75%
EBIT Next 5YN/A
FCF growth 1Y205.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y207.93%
OCF growth 3YN/A
OCF growth 5YN/A
ATENOR / ATEB.BR FAQ
Can you provide the ChartMill fundamental rating for ATENOR?
ChartMill assigns a fundamental rating of 4 / 10 to ATEB.BR.
What is the valuation status of ATENOR (ATEB.BR) stock?
ChartMill assigns a valuation rating of 6 / 10 to ATENOR (ATEB.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for ATENOR?
ATENOR (ATEB.BR) has a profitability rating of 1 / 10.
What is the earnings growth outlook for ATENOR?
The Earnings per Share (EPS) of ATENOR (ATEB.BR) is expected to grow by 70.3% in the next year.