ALTAREA (ALTA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ALTA - FR0000033219 - REIT
112 EUR
-0.8 (-0.71%)
Taking everything into account, ALTA scores 3 out of 10 in our fundamental rating. ALTA was compared to 5 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
In the past year ALTA has reported negative net income.
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.
ALTA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ALTA's Return On Assets of -0.15% is on the low side compared to the rest of the industry. ALTA is outperformed by 60.00% of its industry peers.
The Return On Equity of ALTA (-0.75%) is worse than 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.82%, ALTA is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.15% | ||
| ROE | -0.75% | ||
| 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 Operating Margin of 8.62%. This is in the lower half of the industry: ALTA underperforms 60.00% of its industry peers.
In the last couple of years the Operating Margin of ALTA has declined.
Looking at the Gross Margin, with a value of 22.82%, ALTA is doing worse than 80.00% 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
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 0.91, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
With an excellent Altman-Z score value of 0.91, ALTA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of ALTA is 7.02, which is on the high side as it means it would take ALTA, 7.02 years of fcf income to pay off all of its debts.
ALTA has a Debt to FCF ratio of 7.02. This is amongst the best in the industry. ALTA outperforms 100.00% of its industry peers.
ALTA has a Debt/Equity ratio of 1.53. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.53, ALTA is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 0.91 |
ROIC/WACC0.46
WACC6.08%
2.3 Liquidity
A Current Ratio of 1.21 indicates that ALTA should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.21, ALTA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 0.78 indicates that ALTA may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.78, ALTA is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| 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 97.47% 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.
Looking at the last year, ALTA shows a decrease in Revenue. The Revenue has decreased by -5.02% 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)97.47%
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
Based on estimates for the next years, ALTA will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.52% on average per year.
ALTA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.03% yearly.
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
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
ALTA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 13.55 indicates a correct valuation of ALTA.
ALTA's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.92. ALTA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.55 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALTA indicates a rather cheap valuation: ALTA is cheaper than 100.00% of the companies listed in the same industry.
ALTA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ALTA is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.3 | ||
| EV/EBITDA | 16.88 |
4.3 Compensation for Growth
ALTA's earnings are expected to grow with 13.52% in the coming years. This may justify a more expensive valuation.
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 7.09%, which is a nice return.
ALTA's Dividend Yield is rather good when compared to the industry average which is at 4.19. ALTA pays more dividend than 100.00% of the companies in the same industry.
ALTA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.09% |
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
The earnings of ALTA are negative and hence is the payout ratio. ALTA will probably not be able to sustain this dividend level.
The dividend of ALTA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-1469.57%
EPS Next 2Y15.52%
EPS Next 3Y13.52%
EPA:ALTA (1/9/2026, 7:00:00 PM)
112
-0.8 (-0.71%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners36%
Inst Owner ChangeN/A
Ins Owners42.78%
Ins Owner ChangeN/A
Market Cap2.61B
Revenue(TTM)2.53B
Net Income(TTM)-11.50M
Analysts45.45
Price Target116.79 (4.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.09% |
Yearly Dividend7.95
Dividend Growth(5Y)3.33%
DP-1469.57%
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)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 | N/A | ||
| Fwd PE | 13.55 | ||
| P/S | 1.03 | ||
| P/FCF | 7.3 | ||
| P/OCF | 5.54 | ||
| P/B | 1.7 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 16.88 |
EPS(TTM)-0.53
EYN/A
EPS(NY)8.26
Fwd EY7.38%
FCF(TTM)15.33
FCFY13.69%
OCF(TTM)20.2
OCFY18.04%
SpS108.41
BVpS65.74
TBVpS50.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.15% | ||
| ROE | -0.75% | ||
| ROCE | 3.92% | ||
| ROIC | 2.82% | ||
| ROICexc | 3.02% | ||
| ROICexgc | 3.24% | ||
| OM | 8.62% | ||
| PM (TTM) | N/A | ||
| GM | 22.82% | ||
| FCFM | 14.14% |
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 | 7.02 | ||
| Debt/EBITDA | 8.64 | ||
| Cap/Depr | 211.57% | ||
| Cap/Sales | 4.49% | ||
| Interest Coverage | 1.35 | ||
| Cash Conversion | 173.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 0.91 |
F-Score4
WACC6.08%
ROIC/WACC0.46
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)97.47%
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 1Y269.81%
EBIT growth 3Y-6.7%
EBIT growth 5Y-5.9%
EBIT Next Year44.55%
EBIT Next 3Y23.03%
EBIT Next 5YN/A
FCF growth 1Y36.06%
FCF growth 3Y50.03%
FCF growth 5Y19.93%
OCF growth 1Y60.92%
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 for ALTA stock?
ChartMill assigns a valuation rating of 4 / 10 to ALTAREA (ALTA.PA). This can be considered as Fairly Valued.
Can you provide the profitability details for ALTAREA?
ALTAREA (ALTA.PA) has a profitability rating of 2 / 10.
What is the expected EPS growth for ALTAREA (ALTA.PA) stock?
The Earnings per Share (EPS) of ALTAREA (ALTA.PA) is expected to decline by -9.26% in the next year.
How sustainable is the dividend of ALTAREA (ALTA.PA) stock?
The dividend rating of ALTAREA (ALTA.PA) is 7 / 10 and the dividend payout ratio is -1469.57%.