Financials Altarea

Equities

ALTA

FR0000033219

Real Estate Development & Operations

Market Closed - Euronext Paris 11:35:24 2024-04-26 EDT 5-day change 1st Jan Change
79.7 EUR +1.27% Intraday chart for Altarea +4.46% -0.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,348 2,458 3,385 2,555 1,652 1,642 - -
Enterprise Value (EV) 1 6,231 4,651 5,507 4,456 1,652 3,187 3,041 3,011
P/E ratio 14.2 x -7.96 x 14.6 x 7.97 x -3.54 x 24.3 x 8.64 x 7.55 x
Yield 6.42% 6.62% 5.82% 7.92% - 10% 10% 10%
Capitalization / Revenue 1.17 x 0.8 x 1.12 x 0.85 x 0.61 x 0.65 x 0.65 x 0.61 x
EV / Revenue 2.18 x 1.52 x 1.82 x 1.48 x 0.61 x 1.25 x 1.2 x 1.12 x
EV / EBITDA 14.2 x 11.7 x 12.5 x 10.3 x -4.5 x 10.5 x 7.9 x 6.77 x
EV / FCF 34 x 9.73 x 15.9 x 13.6 x - 9.6 x 9.02 x 8.48 x
FCF Yield 2.94% 10.3% 6.27% 7.33% - 10.4% 11.1% 11.8%
Price to Book - 1.37 x 1.51 x - - - - -
Nbr of stocks (in thousands) 16,533 17,143 20,198 20,248 20,645 20,599 - -
Reference price 2 202.5 143.4 167.6 126.2 80.00 79.70 79.70 79.70
Announcement Date 20-03-02 21-02-25 22-02-22 23-02-28 24-02-27 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,860 3,056 3,030 3,013 2,712 2,542 2,527 2,678
EBITDA 1 440.2 396 439.2 430.7 -366.7 303 385 445
EBIT 1 415.7 -326.4 345.8 410.1 -476 203 400 453
Operating Margin 14.53% -10.68% 11.41% 13.61% -17.55% 7.99% 15.83% 16.92%
Earnings before Tax (EBT) - - - - - - - -
Net income 233.7 -307.7 211.6 326.8 -472.9 - - -
Net margin 8.17% -10.07% 6.98% 10.85% -17.44% - - -
EPS 2 14.26 -18.01 11.49 15.83 -22.57 3.280 9.220 10.56
Free Cash Flow 1 183.5 478.1 345.3 326.7 - 332 337 355
FCF margin 6.42% 15.64% 11.4% 10.84% - 13.06% 13.34% 13.26%
FCF Conversion (EBITDA) 41.69% 120.73% 78.62% 75.85% - 109.57% 87.53% 79.78%
FCF Conversion (Net income) 78.52% - 163.19% 99.97% - - - -
Dividend per Share 2 13.00 9.500 9.750 10.00 - 8.000 8.000 8.000
Announcement Date 20-03-02 21-02-25 22-02-22 23-02-28 24-02-27 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 S1
Net sales 1 556.3 1,250
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income - -
Net margin - -
EPS - -
Dividend per Share - -
Announcement Date 23-04-27 23-07-27
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,883 2,193 2,121 1,901 - 1,545 1,399 1,369
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.55 x 5.538 x 4.83 x 4.414 x - 5.099 x 3.634 x 3.076 x
Free Cash Flow 1 184 478 345 327 - 332 337 355
ROE (net income / shareholders' equity) 14.4% 11.8% 10.6% 14.2% - 8.3% 10.9% 12.4%
ROA (Net income/ Total Assets) 2.73% - 2.31% 3.54% - 1.7% 2.3% 2.6%
Assets 8,554 - 9,155 9,224 - - - -
Book Value Per Share - 104.0 111.0 - - - - -
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 20-03-02 21-02-25 22-02-22 23-02-28 24-02-27 - - -
1EUR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
79.7 EUR
Average target price
80 EUR
Spread / Average Target
+0.38%
Consensus

Annual profits - Rate of surprise