Valuation Altarea

Stocks

Market Closed - Euronext Paris 11:55:00 2026-08-21 EDT			5-day change	1st Jan Change
100.60 ^EUR	+2.24%		+1.00%	-8.21%

07-30	Altarea: Rapid improvement in FFO	AL
07-29	Altarea SCA Provides Dividend Guidance for the Fiscal Year 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	3,385	2,555	1,652	2,110	2,554	2,349	-	-
Change	-	-24.52%	-35.37%	27.76%	21.03%	-8.03%	-	-
Enterprise Value (EV) ¹	5,507	4,456	3,685	3,792	4,456	4,195	4,122	4,129
Change	-	-19.07%	-17.31%	2.89%	17.52%	-5.84%	-1.76%	0.18%
P/E	14.6x	7.97x	-3.54x	344x	296x	12.6x	9.97x	10.1x
PBR	1.51x	-	-	-	1.52x	1.03x	1.03x	1.01x
PEG	-	0.2x	0x	-3x	9.2x	0x	0.4x	-8.86x
Capitalization / Revenue	1.12x	0.85x	0.61x	0.86x	1.23x	1.03x	1.01x	0.97x
EV / Revenue	1.82x	1.48x	1.36x	1.54x	2.15x	1.85x	1.78x	1.7x
EV / EBITDA	12.5x	10.3x	-10x	15.6x	23.7x	12.2x	9.43x	8.39x
EV / EBIT	15.9x	10.9x	-7.74x	18.1x	29.4x	11.6x	8.77x	9.69x
EV / FCF	15.9x	13.6x	9.72x	10.5x	-119x	16.3x	18.3x	18.5x
FCF Yield	6.27%	7.33%	10.3%	9.57%	-0.84%	6.13%	5.46%	5.4%
Dividend per Share ²	9.75	10	8	8	8	8.5	9	10.36
Rate of return	5.82%	7.92%	10%	8.3%	7.3%	8.45%	8.95%	10.3%
EPS ²	11.49	15.83	-22.57	0.28	0.37	8.004	10.09	9.976
Distribution rate	84.9%	63.2%	-35.4%	2,857%	2,162%	106%	89.2%	104%
Net sales ¹	3,030	3,013	2,712	2,466	2,076	2,272	2,322	2,427
EBITDA ¹	439.2	430.7	-366.7	243.8	188.2	344	437	492
EBIT ¹	345.8	410.1	-476	209.4	151.7	361	470	426
Net income ¹	211.6	326.8	-472.9	6.1	8.4	188	274	212
Net Debt ¹	2,121	1,901	2,034	1,682	1,902	1,847	1,773	1,780
Reference price ²	167.60	126.20	80.00	96.40	109.60	100.60	100.60	100.60
Nbr of stocks (in thousands)	20,198	20,248	20,645	21,888	23,301	23,348	-	-
Announcement Date	2/22/22	2/28/23	2/27/24	2/25/25	2/24/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ALTAREA	12.29x	1.82x	12.05x	8.64%	2.68B
REALTY INCOME CORPORATION	40.64x	16x	16.28x	5.17%	59.58B
SEGRO PLC	16.88x	23.5x	28.15x	3.42%	17.67B
UNIBAIL-RODAMCO-WESTFIELD SE	8.95x	12.47x	15.29x	5.35%	17.39B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.04x	16.76x	24.06x	5.03%	14.89B
KLÉPIERRE	10.14x	13.76x	16.36x	5.11%	12.91B
FEDERAL REALTY INVESTMENT TRUST	27.87x	11.04x	17.41x	3.89%	10.19B
MERLIN PROPERTIES SOCIMI, S.A.	8.35x	21.16x	28.63x	3.03%	10.18B
CAPITALAND ASCENDAS REIT	15.48x	11.97x	18.61x	6.22%	9.55B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	32.19x	7.52x	12.26x	5.44%	9.22B
Average	19.28x	13.60x	18.91x	5.13%	16.43B
Weighted average by Cap.	25.27x	15.39x	18.84x	4.9%