ATENOR (ATEB.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:ATEB - BE0003837540 - Common Stock
2.47 EUR
+0.02 (+0.82%)
Taking everything into account, ATEB scores 4 out of 10 in our fundamental rating. ATEB was compared to 70 industry peers in the Real Estate Management & Development industry. ATEB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ATEB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ATEB had negative earnings in the past year.
In the past year ATEB had a positive cash flow from operations.
In multiple years ATEB reported negative net income over the last 5 years.
In the past 5 years ATEB reported 4 times negative operating cash flow.
1.2 Ratios
ATEB has a Return On Assets of -5.65%. This is in the lower half of the industry: ATEB underperforms 71.43% of its industry peers.
ATEB has a Return On Equity of -19.52%. This is in the lower half of the industry: ATEB underperforms 71.43% of its industry peers.
ATEB's Return On Invested Capital of 1.44% is in line compared to the rest of the industry. ATEB outperforms 45.71% of its industry peers.
| 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 of 6.59%. This is comparable to the rest of the industry: ATEB outperforms 47.14% of its industry peers.
In the last couple of years the Operating Margin of ATEB has declined.
Looking at the Gross Margin, with a value of 5.28%, ATEB is doing worse than 75.71% of the companies in the same industry.
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.
ATEB has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, ATEB has more shares outstanding
The debt/assets ratio for ATEB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.04, we must say that ATEB is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.04, ATEB perfoms like the industry average, outperforming 60.00% 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.
Looking at the Debt to FCF ratio, with a value of 5.80, ATEB belongs to the top of the industry, outperforming 84.29% 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.
Looking at the Debt to Equity ratio, with a value of 1.60, ATEB is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.6 | ||
| Debt/FCF | 5.8 | ||
| Altman-Z | 1.04 |
ROIC/WACC0.35
WACC4.14%
2.3 Liquidity
A Current Ratio of 3.34 indicates that ATEB has no problem at all paying its short term obligations.
ATEB has a better Current ratio (3.34) than 81.43% of its industry peers.
ATEB has a Quick Ratio of 3.34. This is a bad value and indicates that ATEB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ATEB (0.41) is worse than 67.14% 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.
Measured over the past years, ATEB shows a very strong growth in Revenue. The Revenue has been growing by 25.45% on average per year.
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
Based on estimates for the next years, ATEB will show a very strong growth in Earnings Per Share. The EPS will grow by 93.61% on average per year.
Based on estimates for the next years, ATEB will show a small growth in Revenue. The Revenue will grow by 3.75% on average per year.
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
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
ATEB reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 9.69, the valuation of ATEB can be described as reasonable.
ATEB's Price/Forward Earnings ratio is rather cheap when compared to the industry. ATEB is cheaper than 82.86% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, ATEB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.69 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ATEB.
Based on the Price/Free Cash Flow ratio, ATEB is valued cheaply inside the industry as 97.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.32 | ||
| EV/EBITDA | 46.81 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ATEB's earnings are expected to grow with 93.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y65.61%
EPS Next 3Y93.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 17.56%, ATEB is a good candidate for dividend investing.
ATEB's Dividend Yield is rather good when compared to the industry average which is at 4.48. ATEB pays more dividend than 95.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, 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 (12/29/2025, 7:00:00 PM)
2.47
+0.02 (+0.82%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners0.38%
Inst Owner ChangeN/A
Ins Owners17.22%
Ins Owner ChangeN/A
Market Cap150.74M
Revenue(TTM)243.69M
Net Income(TTM)-62.09M
Analysts41.82
Price Target4.11 (66.4%)
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)0%
PT rev (3m)-5.47%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-134.48%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.69 | ||
| P/S | 0.62 | ||
| P/FCF | 1.32 | ||
| P/OCF | 1.31 | ||
| P/B | 0.47 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | 46.81 |
EPS(TTM)-1.33
EYN/A
EPS(NY)0.26
Fwd EY10.32%
FCF(TTM)1.87
FCFY75.65%
OCF(TTM)1.89
OCFY76.34%
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 | 1.04 |
F-Score4
WACC4.14%
ROIC/WACC0.35
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 Year-19.84%
EBIT Next 3Y25.04%
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.