ALTAREA (ALTA.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:ALTA - FR0000033219 - REIT
111.8 EUR
-0.2 (-0.18%)
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
The Return On Assets of ALTA (-0.15%) is worse than 60.00% of its industry peers.
ALTA's Return On Equity of -0.75% is on the low side compared to the rest of the industry. ALTA is outperformed by 60.00% of its industry peers.
ALTA's Return On Invested Capital of 2.82% is fine compared to the rest of the industry. ALTA outperforms 80.00% of its industry peers.
| 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.
Looking at the Operating Margin, with a value of 8.62%, ALTA is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ALTA has declined.
ALTA has a worse Gross Margin (22.82%) than 80.00% of its industry peers.
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
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.
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.
ALTA has a debt to FCF ratio of 7.02. This is a slightly negative value and a sign of low solvency as ALTA would need 7.02 years to pay back of 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.
A Debt/Equity ratio of 1.53 is on the high side and indicates that ALTA has dependencies on debt 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.
ALTA has a Current ratio of 1.21. This is amongst the best in the industry. ALTA outperforms 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.
Looking at the Quick ratio, with a value of 0.78, ALTA is in the better half of 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
ALTA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 97.47%, which is quite impressive.
Measured over the past years, ALTA shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -54.21% on average per year.
Looking at the last year, ALTA shows a decrease in Revenue. The Revenue has decreased by -5.02% in the last year.
The Revenue has been decreasing by -2.30% on average over the past years.
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
The Earnings Per Share is expected to grow by 13.52% on average over the next years. This is quite good.
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.
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
The Price/Earnings Ratio is negative for ALTA. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 13.53, the valuation of ALTA can be described as correct.
ALTA's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.98. ALTA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.53 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than ALTA, based on the Enterprise Value to EBITDA ratio.
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 | 7.29 | ||
| EV/EBITDA | 16.88 |
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 7.09%, 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.
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
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-1469.57%
EPS Next 2Y15.52%
EPS Next 3Y13.52%
EPA:ALTA (1/12/2026, 7:00:00 PM)
111.8
-0.2 (-0.18%)
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 Cap2.60B
Revenue(TTM)2.53B
Net Income(TTM)-11.50M
Analysts45.45
Price Target116.79 (4.46%)
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 | 13.53 | ||
| P/S | 1.03 | ||
| P/FCF | 7.29 | ||
| P/OCF | 5.53 | ||
| P/B | 1.7 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 16.88 |
EPS(TTM)-0.53
EYN/A
EPS(NY)8.26
Fwd EY7.39%
FCF(TTM)15.33
FCFY13.72%
OCF(TTM)20.2
OCFY18.07%
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%.