ALTAREA (ALTA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ALTA - FR0000033219 - REIT
112 EUR
-0.8 (-0.71%)
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 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.
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
With a Return On Assets value of -0.15%, ALTA is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Return On Equity of ALTA (-0.75%) is worse than 60.00% of its industry peers.
With a decent Return On Invested Capital value of 2.82%, ALTA is doing good in 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
In the last couple of years the Profit Margin of ALTA has declined.
The Operating Margin of ALTA (8.62%) is worse than 60.00% of its industry peers.
In the last couple of years the Operating Margin of ALTA has declined.
With a Gross Margin value of 22.82%, ALTA is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of ALTA has declined.
| 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.
Compared to 1 year ago, ALTA has more shares outstanding
Compared to 5 years ago, ALTA has more shares outstanding
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.
Looking at the Altman-Z score, with a value of 0.91, ALTA belongs to the top 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.
Looking at the Debt to FCF ratio, with a value of 7.02, 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 1.53. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ALTA (1.53) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.53 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 0.91 |
ROIC/WACC0.46
WACC6.08%
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.
Looking at the Current ratio, with a value of 1.21, ALTA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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 better Quick ratio (0.78) than 80.00% 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 97.47% 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.
ALTA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.30% yearly.
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
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.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
ALTA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.92.
| 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.
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 | 7.3 | ||
| 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.
Compared to an average industry Dividend Yield of 4.19, 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 1.92, ALTA pays a better dividend.
| 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%.