ALTAREA (ALTA.PA) Stock Fundamental Analysis
EPA:ALTA - Euronext Paris - Matif - FR0000033219 - REIT - Currency: EUR
We assign a fundamental rating of 4 out of 10 to ALTA. ALTA was compared to 5 industry peers in the Residential REITs industry. ALTA scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ALTA has a decent growth rate and is not valued too expensively. ALTA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year ALTA was profitable.
In the past year ALTA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ALTA reported negative net income in multiple years.
ALTA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ALTA has a worse Return On Assets (0.07%) than 60.00% of its industry peers.
Looking at the Return On Equity, with a value of 0.36%, ALTA is doing worse than 60.00% of the companies in the same industry.
With a Return On Invested Capital value of 2.61%, ALTA is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.07% | ||
| ROE | 0.36% | ||
| ROIC | 2.61% |
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
Looking at the Profit Margin, with a value of 0.22%, ALTA is doing worse than 60.00% of the companies in the same industry.
ALTA's Profit Margin has declined in the last couple of years.
ALTA's Operating Margin of 7.50% is on the low side compared to the rest of the industry. ALTA is outperformed by 80.00% of its industry peers.
ALTA's Operating Margin has declined in the last couple of years.
ALTA's Gross Margin of 20.89% is on the low side compared to the rest of the industry. ALTA is outperformed by 60.00% of its industry peers.
ALTA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.5% | ||
| PM (TTM) | 0.22% | ||
| GM | 20.89% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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 0.88, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ALTA (0.88) is better than 100.00% of its industry peers.
ALTA has a debt to FCF ratio of 7.56. This is a slightly negative value and a sign of low solvency as ALTA would need 7.56 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.56, ALTA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
ALTA has a Debt/Equity ratio of 1.36. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ALTA (1.36) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.56 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.45
WACC5.83%
2.3 Liquidity
ALTA has a Current Ratio of 1.25. 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 (1.25) than 100.00% of its industry peers.
ALTA has a Quick Ratio of 1.25. This is a bad value and indicates that ALTA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.88, ALTA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
ALTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 101.39%, which is quite impressive.
The earnings per share for ALTA have been decreasing by -54.21% on average. This is quite bad
Looking at the last year, ALTA shows a small growth in Revenue. The Revenue has grown by 2.07% in the last year.
Measured over the past years, ALTA shows a decrease in Revenue. The Revenue has been decreasing by -2.30% on average per year.
EPS 1Y (TTM)101.39%
EPS 3Y-71%
EPS 5Y-54.21%
EPS Q2Q%95.72%
Revenue 1Y (TTM)2.07%
Revenue growth 3Y-2.96%
Revenue growth 5Y-2.3%
Sales Q2Q%7.45%
3.2 Future
ALTA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.92% yearly.
Based on estimates for the next years, ALTA will show a small growth in Revenue. The Revenue will grow by 3.09% on average per year.
EPS Next Y12.6%
EPS Next 2Y21.53%
EPS Next 3Y25.92%
EPS Next 5YN/A
Revenue Next Year-0.62%
Revenue Next 2Y1.21%
Revenue Next 3Y3.09%
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
With a Price/Earnings ratio of 321.25, ALTA can be considered very expensive at the moment.
60.00% of the companies in the same industry are cheaper than ALTA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.45. ALTA is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 14.75, 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 21.90, ALTA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 321.25 | ||
| Fwd PE | 14.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALTA is valued cheaper than 100.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ALTA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.25 | ||
| EV/EBITDA | 16.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as ALTA's earnings are expected to grow with 25.92% in the coming years.
PEG (NY)25.49
PEG (5Y)N/A
EPS Next 2Y21.53%
EPS Next 3Y25.92%
5. Dividend
5.1 Amount
ALTA has a Yearly Dividend Yield of 8.32%, which is a nice return.
ALTA's Dividend Yield is rather good when compared to the industry average which is at 5.68. ALTA pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, ALTA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.32% |
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
2768.85% of the earnings are spent on dividend by ALTA. This is not a sustainable payout ratio.
The dividend of ALTA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP2768.85%
EPS Next 2Y21.53%
EPS Next 3Y25.92%
EPA:ALTA (7/3/2025, 7:00:00 PM)
102.8
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners36.65%
Inst Owner ChangeN/A
Ins Owners45.76%
Ins Owner ChangeN/A
Market Cap2.27B
Analysts45.45
Price Target111.69 (8.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.32% |
Yearly Dividend7.95
Dividend Growth(5Y)3.33%
DP2768.85%
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)-3.52%
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)6.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 321.25 | ||
| Fwd PE | 14.75 | ||
| P/S | 0.82 | ||
| P/FCF | 6.25 | ||
| P/OCF | 5.25 | ||
| P/B | 1.34 | ||
| P/tB | 1.7 | ||
| EV/EBITDA | 16.07 |
EPS(TTM)0.32
EY0.31%
EPS(NY)6.97
Fwd EY6.78%
FCF(TTM)16.44
FCFY15.99%
OCF(TTM)19.6
OCFY19.06%
SpS125.5
BVpS76.8
TBVpS60.52
PEG (NY)25.49
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.07% | ||
| ROE | 0.36% | ||
| ROCE | 3.61% | ||
| ROIC | 2.61% | ||
| ROICexc | 3.03% | ||
| ROICexgc | 3.27% | ||
| OM | 7.5% | ||
| PM (TTM) | 0.22% | ||
| GM | 20.89% | ||
| FCFM | 13.1% |
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
ROICexcg growth 3Y-2.57%
ROICexcg 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-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 7.56 | ||
| Debt/EBITDA | 9.04 | ||
| Cap/Depr | 147.15% | ||
| Cap/Sales | 2.51% | ||
| Interest Coverage | 1.36 | ||
| Cash Conversion | 169.6% | ||
| Profit Quality | 5945.9% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 0.88 |
F-Score6
WACC5.83%
ROIC/WACC0.45
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)101.39%
EPS 3Y-71%
EPS 5Y-54.21%
EPS Q2Q%95.72%
EPS Next Y12.6%
EPS Next 2Y21.53%
EPS Next 3Y25.92%
EPS Next 5YN/A
Revenue 1Y (TTM)2.07%
Revenue growth 3Y-2.96%
Revenue growth 5Y-2.3%
Sales Q2Q%7.45%
Revenue Next Year-0.62%
Revenue Next 2Y1.21%
Revenue Next 3Y3.09%
Revenue Next 5YN/A
EBIT growth 1Y231.48%
EBIT growth 3Y-6.7%
EBIT growth 5Y-5.9%
EBIT Next Year45.4%
EBIT Next 3Y23.96%
EBIT Next 5YN/A
FCF growth 1Y25.07%
FCF growth 3Y50.03%
FCF growth 5Y19.93%
OCF growth 1Y30.8%
OCF growth 3Y26.41%
OCF growth 5Y5.03%