PATRIMOINE ET COMMERCE-REGR (PAT.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:PAT - FR0011027135 - Common Stock
23.4 EUR
-0.2 (-0.85%)
PAT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 40 industry peers in the Diversified REITs industry. While PAT has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on PAT. Finally PAT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PAT had positive earnings in the past year.
In the past year PAT had a positive cash flow from operations.
In the past 5 years PAT has always been profitable.
PAT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PAT has a Return On Assets of 3.94%. This is in the better half of the industry: PAT outperforms 75.00% of its industry peers.
PAT's Return On Equity of 8.16% is fine compared to the rest of the industry. PAT outperforms 75.00% of its industry peers.
The Return On Invested Capital of PAT (3.89%) is better than 67.50% of its industry peers.
PAT had an Average Return On Invested Capital over the past 3 years of 3.57%. This is in line with the industry average of 3.46%.
The 3 year average ROIC (3.57%) for PAT is below the current ROIC(3.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.94% | ||
| ROE | 8.16% | ||
| ROIC | 3.89% |
ROA(3y)4.22%
ROA(5y)3.64%
ROE(3y)8.75%
ROE(5y)7.76%
ROIC(3y)3.57%
ROIC(5y)3.5%
1.3 Margins
Looking at the Profit Margin, with a value of 64.55%, PAT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
PAT's Profit Margin has improved in the last couple of years.
PAT's Operating Margin of 75.91% is fine compared to the rest of the industry. PAT outperforms 65.00% of its industry peers.
PAT's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 89.19%, PAT is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
PAT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 75.91% | ||
| PM (TTM) | 64.55% | ||
| GM | 89.19% |
OM growth 3Y-2.02%
OM growth 5Y-2.83%
PM growth 3Y0.28%
PM growth 5Y5.42%
GM growth 3Y-1.1%
GM growth 5Y-0.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PAT is destroying value.
PAT has more shares outstanding than it did 1 year ago.
PAT has more shares outstanding than it did 5 years ago.
PAT has a better debt/assets ratio than last year.
2.2 Solvency
PAT has an Altman-Z score of 0.98. This is a bad value and indicates that PAT is not financially healthy and even has some risk of bankruptcy.
PAT has a better Altman-Z score (0.98) than 65.00% of its industry peers.
The Debt to FCF ratio of PAT is 13.62, which is on the high side as it means it would take PAT, 13.62 years of fcf income to pay off all of its debts.
PAT has a Debt to FCF ratio of 13.62. This is comparable to the rest of the industry: PAT outperforms 50.00% of its industry peers.
PAT has a Debt/Equity ratio of 0.77. This is a neutral value indicating PAT is somewhat dependend on debt financing.
PAT's Debt to Equity ratio of 0.77 is on the low side compared to the rest of the industry. PAT is outperformed by 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 13.62 | ||
| Altman-Z | 0.98 |
ROIC/WACC0.79
WACC4.91%
2.3 Liquidity
A Current Ratio of 0.48 indicates that PAT may have some problems paying its short term obligations.
With a Current ratio value of 0.48, PAT perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
PAT has a Quick Ratio of 0.48. This is a bad value and indicates that PAT is not financially healthy enough and could expect problems in meeting its short term obligations.
PAT has a Quick ratio of 0.48. This is comparable to the rest of the industry: PAT outperforms 52.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
PAT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.67%, which is quite good.
PAT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.44% yearly.
PAT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.70%.
Measured over the past years, PAT shows a small growth in Revenue. The Revenue has been growing by 4.13% on average per year.
EPS 1Y (TTM)17.67%
EPS 3Y7.68%
EPS 5Y7.44%
EPS Q2Q%-22.92%
Revenue 1Y (TTM)13.7%
Revenue growth 3Y8.83%
Revenue growth 5Y4.13%
Sales Q2Q%9.61%
3.2 Future
PAT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.59% yearly.
PAT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.59% yearly.
EPS Next Y25.24%
EPS Next 2Y20.12%
EPS Next 3Y25.59%
EPS Next 5YN/A
Revenue Next Year11.32%
Revenue Next 2Y9.03%
Revenue Next 3Y7.59%
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 9.67, which indicates a very decent valuation of PAT.
Compared to the rest of the industry, the Price/Earnings ratio of PAT indicates a rather cheap valuation: PAT is cheaper than 82.50% of the companies listed in the same industry.
PAT is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.65, the valuation of PAT can be described as very cheap.
PAT's Price/Forward Earnings ratio is rather cheap when compared to the industry. PAT is cheaper than 92.50% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.56. PAT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 7.65 |
4.2 Price Multiples
PAT's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PAT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.1 | ||
| EV/EBITDA | 16.87 |
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.
PAT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PAT's earnings are expected to grow with 25.59% in the coming years.
PEG (NY)0.38
PEG (5Y)1.3
EPS Next 2Y20.12%
EPS Next 3Y25.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.74%, PAT is a good candidate for dividend investing.
PAT's Dividend Yield is comparable with the industry average which is at 5.96.
Compared to an average S&P500 Dividend Yield of 2.31, PAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
5.2 History
The dividend of PAT has a limited annual growth rate of 1.91%.
Dividend Growth(5Y)1.91%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
54.18% of the earnings are spent on dividend by PAT. This is a bit on the high side, but may be sustainable.
PAT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP54.18%
EPS Next 2Y20.12%
EPS Next 3Y25.59%
EPA:PAT (12/8/2025, 7:00:00 PM)
23.4
-0.2 (-0.85%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners34.5%
Inst Owner ChangeN/A
Ins Owners6.31%
Ins Owner ChangeN/A
Market Cap373.70M
Revenue(TTM)59.16M
Net Income(TTM)38.19M
Analysts84
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.74% |
Yearly Dividend1.34
Dividend Growth(5Y)1.91%
DP54.18%
Div Incr Years3
Div Non Decr Years4
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)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 7.65 | ||
| P/S | 6.32 | ||
| P/FCF | 12.1 | ||
| P/OCF | 8.54 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 16.87 |
EPS(TTM)2.42
EY10.34%
EPS(NY)3.06
Fwd EY13.08%
FCF(TTM)1.93
FCFY8.26%
OCF(TTM)2.74
OCFY11.71%
SpS3.7
BVpS29.32
TBVpS29.32
PEG (NY)0.38
PEG (5Y)1.3
Graham Number39.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.94% | ||
| ROE | 8.16% | ||
| ROCE | 5.36% | ||
| ROIC | 3.89% | ||
| ROICexc | 4.02% | ||
| ROICexgc | 4.02% | ||
| OM | 75.91% | ||
| PM (TTM) | 64.55% | ||
| GM | 89.19% | ||
| FCFM | 52.19% |
ROA(3y)4.22%
ROA(5y)3.64%
ROE(3y)8.75%
ROE(5y)7.76%
ROIC(3y)3.57%
ROIC(5y)3.5%
ROICexc(3y)3.8%
ROICexc(5y)3.87%
ROICexgc(3y)3.8%
ROICexgc(5y)3.87%
ROCE(3y)4.91%
ROCE(5y)4.8%
ROICexgc growth 3Y0.81%
ROICexgc growth 5Y-1.2%
ROICexc growth 3Y0.81%
ROICexc growth 5Y-1.2%
OM growth 3Y-2.02%
OM growth 5Y-2.83%
PM growth 3Y0.28%
PM growth 5Y5.42%
GM growth 3Y-1.1%
GM growth 5Y-0.61%
F-Score6
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 13.62 | ||
| Debt/EBITDA | 7.98 | ||
| Cap/Depr | 6167.46% | ||
| Cap/Sales | 21.79% | ||
| Interest Coverage | 3.41 | ||
| Cash Conversion | 97% | ||
| Profit Quality | 80.85% | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 0.98 |
F-Score6
WACC4.91%
ROIC/WACC0.79
Cap/Depr(3y)14486%
Cap/Depr(5y)46663.9%
Cap/Sales(3y)64.67%
Cap/Sales(5y)49.18%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.67%
EPS 3Y7.68%
EPS 5Y7.44%
EPS Q2Q%-22.92%
EPS Next Y25.24%
EPS Next 2Y20.12%
EPS Next 3Y25.59%
EPS Next 5YN/A
Revenue 1Y (TTM)13.7%
Revenue growth 3Y8.83%
Revenue growth 5Y4.13%
Sales Q2Q%9.61%
Revenue Next Year11.32%
Revenue Next 2Y9.03%
Revenue Next 3Y7.59%
Revenue Next 5YN/A
EBIT growth 1Y8.52%
EBIT growth 3Y6.63%
EBIT growth 5Y1.19%
EBIT Next Year139.13%
EBIT Next 3Y37.66%
EBIT Next 5YN/A
FCF growth 1Y45.85%
FCF growth 3Y13.18%
FCF growth 5YN/A
OCF growth 1Y8.88%
OCF growth 3Y6.84%
OCF growth 5Y-0.24%
PATRIMOINE ET COMMERCE-REGR / PAT.PA FAQ
What is the ChartMill fundamental rating of PATRIMOINE ET COMMERCE-REGR (PAT.PA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to PAT.PA.
Can you provide the valuation status for PATRIMOINE ET COMMERCE-REGR?
ChartMill assigns a valuation rating of 8 / 10 to PATRIMOINE ET COMMERCE-REGR (PAT.PA). This can be considered as Undervalued.
What is the profitability of PAT stock?
PATRIMOINE ET COMMERCE-REGR (PAT.PA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of PATRIMOINE ET COMMERCE-REGR (PAT.PA) stock?
The Price/Earnings (PE) ratio for PATRIMOINE ET COMMERCE-REGR (PAT.PA) is 9.67 and the Price/Book (PB) ratio is 0.8.
Is the dividend of PATRIMOINE ET COMMERCE-REGR sustainable?
The dividend rating of PATRIMOINE ET COMMERCE-REGR (PAT.PA) is 7 / 10 and the dividend payout ratio is 54.18%.