ALTAREA (ALTA.PA) Stock Fundamental Analysis
Europe - EPA:ALTA - FR0000033219 - REIT
103.2 EUR
-1 (-0.96%)
We assign a fundamental rating of 3 out of 10 to ALTA. 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 has a valuation in line with the averages, but on the other hand it scores bad on growth. ALTA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ALTA had negative earnings in the past year.
ALTA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ALTA reported negative net income in multiple 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: 80.00% of the companies in the same industry are doing better.
ALTA has a Return On Equity of -0.73%. This is amonst the worse of the industry: ALTA underperforms 80.00% of its industry peers.
The Return On Invested Capital of ALTA (2.82%) is comparable to the rest of the industry.
| 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 80.00% of its industry peers.
ALTA's Operating Margin has declined in the last couple of years.
ALTA has a Gross Margin of 22.82%. This is in the lower half of the industry: ALTA underperforms 60.00% of its industry peers.
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
ALTA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
ALTA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ALTA has more shares outstanding
The debt/assets ratio for ALTA is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.90, we must say that ALTA is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ALTA (0.90) is better than 100.00% of its industry peers.
The Debt to FCF ratio of ALTA is 7.01, which is on the high side as it means it would take ALTA, 7.01 years of fcf income to pay off 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's Debt to Equity ratio of 1.53 is on the low side compared to the rest of the industry. ALTA is outperformed by 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 7.01 | ||
| Altman-Z | 0.9 |
ROIC/WACC0.47
WACC6.03%
2.3 Liquidity
A Current Ratio of 1.21 indicates that ALTA should not have too much problems paying its short term obligations.
ALTA has a better Current ratio (1.21) than 100.00% of its industry peers.
A Quick Ratio of 0.78 indicates that ALTA may have some problems paying its short term obligations.
ALTA has a Quick ratio of 0.78. This is in the better half of the industry: ALTA outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
ALTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 97.49%, which is quite impressive.
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)97.49%
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
The Earnings Per Share is expected to grow by 13.52% on average over the next years. This is quite good.
The Revenue is expected to grow by 1.03% on average over the next years.
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.
Based on the Price/Forward Earnings ratio of 12.49, the valuation of ALTA can be described as correct.
Based on the Price/Forward Earnings ratio, ALTA is valued a bit more expensive than 60.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ALTA to the average of the S&P500 Index (23.33), we can say ALTA is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.49 |
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.
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 | 6.72 | ||
| EV/EBITDA | 16.19 |
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
With a Yearly Dividend Yield of 7.91%, ALTA is a good candidate for dividend investing.
ALTA's Dividend Yield is rather good when compared to the industry average which is at 5.86. ALTA pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, ALTA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.91% |
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-1508.04%
EPS Next 2Y15.52%
EPS Next 3Y13.52%
EPA:ALTA (10/23/2025, 7:00:00 PM)
103.2
-1 (-0.96%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners35.1%
Inst Owner ChangeN/A
Ins Owners42.97%
Ins Owner ChangeN/A
Market Cap2.40B
Revenue(TTM)2.53B
Net Income(TTM)-11200000
Analysts45.45
Price Target116.79 (13.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.91% |
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)1.78%
PT rev (3m)4.57%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-17.36%
EPS NY rev (3m)-19.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.93%
Revenue NY rev (3m)-1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 12.49 | ||
| P/S | 0.95 | ||
| P/FCF | 6.72 | ||
| P/OCF | 5.11 | ||
| P/B | 1.57 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | 16.19 |
EPS(TTM)-0.52
EYN/A
EPS(NY)8.26
Fwd EY8.01%
FCF(TTM)15.36
FCFY14.88%
OCF(TTM)20.21
OCFY19.58%
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 | 0.9 |
F-Score4
WACC6.03%
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 Year45.23%
EBIT Next 3Y23.99%
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%