ALTAREA (ALTA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ALTA - FR0000033219 - REIT
108.4 EUR
-0.6 (-0.55%)
ALTA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 4 industry peers in the Residential REITs industry. While ALTA seems to be doing ok healthwise, there are quite some concerns on its profitability. ALTA is valued correctly, but it does not seem to be growing. Finally ALTA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ALTA had negative earnings in the past year.
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.
Each year in the past 5 years ALTA had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -0.14%, ALTA is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
ALTA has a worse Return On Equity (-0.73%) than 75.00% of its industry peers.
ALTA has a better Return On Invested Capital (2.82%) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.14% | ||
| ROE | -0.73% | ||
| ROIC | 2.82% |
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's Profit Margin has declined in the last couple of years.
ALTA has a worse Operating Margin (8.62%) than 75.00% of its industry peers.
ALTA's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 22.82%, ALTA is doing worse than 75.00% of the companies in the same industry.
ALTA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.62% | ||
| PM (TTM) | N/A | ||
| GM | 22.82% |
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.
The number of shares outstanding for ALTA has been increased compared to 1 year ago.
ALTA has more shares outstanding than it did 5 years ago.
ALTA has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.91, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
ALTA has a Altman-Z score of 0.91. This is amongst the best in the industry. ALTA outperforms 100.00% of its industry peers.
ALTA has a debt to FCF ratio of 7.01. This is a slightly negative value and a sign of low solvency as ALTA would need 7.01 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.01, ALTA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 1.53 is on the high side and indicates that ALTA has dependencies on debt financing.
ALTA has a worse Debt to Equity ratio (1.53) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 7.01 | ||
| Altman-Z | 0.91 |
ROIC/WACC0.47
WACC6.05%
2.3 Liquidity
ALTA has a Current Ratio of 1.21. This is a normal value and indicates that ALTA is financially healthy and should not expect problems in meeting its short term obligations.
ALTA has a better Current ratio (1.21) than 100.00% of its industry peers.
ALTA has a Quick Ratio of 1.21. This is a bad value and indicates that ALTA is not financially healthy enough and could expect problems in meeting its short term obligations.
ALTA has a Quick ratio of 0.78. This is in the better half of the industry: ALTA outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 97.49% over the past year.
ALTA shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -54.21% yearly.
ALTA shows a decrease in Revenue. In the last year, the revenue decreased by -5.02%.
ALTA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.30% yearly.
EPS 1Y (TTM)97.49%
EPS 3Y-71%
EPS 5Y-54.21%
EPS Q2Q%-66.58%
Revenue 1Y (TTM)-5.02%
Revenue growth 3Y-2.96%
Revenue growth 5Y-2.3%
Sales Q2Q%-20.25%
3.2 Future
ALTA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.52% yearly.
Based on estimates for the next years, ALTA will show a small growth in Revenue. The Revenue will grow by 1.03% on average per year.
EPS Next Y-9.26%
EPS Next 2Y15.52%
EPS Next 3Y13.52%
EPS Next 5YN/A
Revenue Next Year-2.46%
Revenue Next 2Y0.54%
Revenue Next 3Y1.03%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
ALTA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 13.12, ALTA is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ALTA is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, ALTA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALTA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
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 | 7.06 | ||
| EV/EBITDA | 16.55 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ALTA's earnings are expected to grow with 13.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.52%
EPS Next 3Y13.52%
5. Dividend
5.1 Amount
ALTA has a Yearly Dividend Yield of 7.33%, which is a nice return.
Compared to an average industry Dividend Yield of 5.33, ALTA pays a better dividend. On top of this ALTA pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, ALTA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.33% |
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
ALTA has negative earnings and hence a negative payout ratio. The dividend may be in danger.
ALTA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-1508.04%
EPS Next 2Y15.52%
EPS Next 3Y13.52%
EPA:ALTA (12/24/2025, 7:00:00 PM)
108.4
-0.6 (-0.55%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners35.88%
Inst Owner ChangeN/A
Ins Owners42.78%
Ins Owner ChangeN/A
Market Cap2.53B
Revenue(TTM)2.53B
Net Income(TTM)-11.20M
Analysts45.45
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.33% |
Yearly Dividend7.95
Dividend Growth(5Y)3.33%
DP-1508.04%
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)1.78%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-17.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.12 | ||
| P/S | 1 | ||
| P/FCF | 7.06 | ||
| P/OCF | 5.36 | ||
| P/B | 1.65 | ||
| P/tB | 2.15 | ||
| EV/EBITDA | 16.55 |
EPS(TTM)-0.52
EYN/A
EPS(NY)8.26
Fwd EY7.62%
FCF(TTM)15.36
FCFY14.17%
OCF(TTM)20.21
OCFY18.64%
SpS108.41
BVpS65.74
TBVpS50.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.14% | ||
| ROE | -0.73% | ||
| ROCE | 3.93% | ||
| ROIC | 2.82% | ||
| ROICexc | 3.02% | ||
| ROICexgc | 3.24% | ||
| OM | 8.62% | ||
| PM (TTM) | N/A | ||
| GM | 22.82% | ||
| FCFM | 14.17% |
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
ROICexgc growth 3Y-2.57%
ROICexgc 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-Score4
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 7.01 | ||
| Debt/EBITDA | 8.63 | ||
| Cap/Depr | 210.04% | ||
| Cap/Sales | 4.47% | ||
| Interest Coverage | 1.35 | ||
| Cash Conversion | 173.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 0.91 |
F-Score4
WACC6.05%
ROIC/WACC0.47
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)97.49%
EPS 3Y-71%
EPS 5Y-54.21%
EPS Q2Q%-66.58%
EPS Next Y-9.26%
EPS Next 2Y15.52%
EPS Next 3Y13.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.02%
Revenue growth 3Y-2.96%
Revenue growth 5Y-2.3%
Sales Q2Q%-20.25%
Revenue Next Year-2.46%
Revenue Next 2Y0.54%
Revenue Next 3Y1.03%
Revenue Next 5YN/A
EBIT growth 1Y269.89%
EBIT growth 3Y-6.7%
EBIT growth 5Y-5.9%
EBIT Next Year44.55%
EBIT Next 3Y23.03%
EBIT Next 5YN/A
FCF growth 1Y36.19%
FCF growth 3Y50.03%
FCF growth 5Y19.93%
OCF growth 1Y61.05%
OCF growth 3Y26.41%
OCF growth 5Y5.03%
ALTAREA / ALTA.PA FAQ
Can you provide the ChartMill fundamental rating for ALTAREA?
ChartMill assigns a fundamental rating of 3 / 10 to ALTA.PA.
What is the valuation status of ALTAREA (ALTA.PA) stock?
ChartMill assigns a valuation rating of 4 / 10 to ALTAREA (ALTA.PA). This can be considered as Fairly Valued.
What is the profitability of ALTA stock?
ALTAREA (ALTA.PA) has a profitability rating of 2 / 10.
How financially healthy is ALTAREA?
The financial health rating of ALTAREA (ALTA.PA) is 4 / 10.
What is the earnings growth outlook for ALTAREA?
The Earnings per Share (EPS) of ALTAREA (ALTA.PA) is expected to decline by -9.26% in the next year.