Valuation Altarea

Stocks

Real-time Euronext Paris 11:14:29 26/08/2026 +03			5-day change	1st Jan Change
98.50 ^EUR	-0.61%		-0.10%	-10.13%

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	2,314	-	-
Change	-	-24.52%	-35.37%	27.76%	21.03%	-9.4%	-	-
Enterprise Value (EV) ¹	5,507	4,456	3,685	3,792	4,456	4,160	4,087	4,094
Change	-	-19.07%	-17.31%	2.89%	17.52%	-6.63%	-1.77%	0.18%
P/E	14.6x	7.97x	-3.54x	344x	296x	12.4x	9.82x	9.93x
PBR	1.51x	-	-	-	1.52x	1.01x	1.01x	1x
PEG	-	0.2x	0x	-3x	9.2x	0x	0.4x	-8.72x
Capitalization / Revenue	1.12x	0.85x	0.61x	0.86x	1.23x	1.02x	1x	0.95x
EV / Revenue	1.82x	1.48x	1.36x	1.54x	2.15x	1.83x	1.76x	1.69x
EV / EBITDA	12.5x	10.3x	-10x	15.6x	23.7x	12.1x	9.35x	8.32x
EV / EBIT	15.9x	10.9x	-7.74x	18.1x	29.4x	11.5x	8.69x	9.61x
EV / FCF	15.9x	13.6x	9.72x	10.5x	-119x	16.2x	18.2x	18.4x
FCF Yield	6.27%	7.33%	10.3%	9.57%	-0.84%	6.18%	5.51%	5.45%
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%	8.58%	9.08%	10.5%
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	99.10	99.10	99.10
Nbr of stocks (in thousands)	20,198	20,248	20,645	21,888	23,301	23,348	-	-
Announcement Date	2/22/22 A	2/28/23 A	2/27/24 A	2/25/25 A	2/24/26 A	-	-	-

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	12.38x	1.83x	12.09x	8.58%	2.7B
REALTY INCOME CORPORATION	40.42x	15.94x	16.22x	5.19%	59.26B
SEGRO PLC	17.07x	23.69x	28.38x	3.38%	17.86B
UNIBAIL-RODAMCO-WESTFIELD SE	8.95x	12.46x	15.27x	5.36%	17.37B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.21x	16.85x	24.19x	5%	15.03B
KLÉPIERRE	10.29x	13.89x	16.51x	5.04%	13.1B
FEDERAL REALTY INVESTMENT TRUST	28x	11x	17.34x	3.87%	10.23B
MERLIN PROPERTIES SOCIMI, S.A.	8.3x	21.07x	28.5x	3.05%	10.1B
CAPITALAND ASCENDAS REIT	15.67x	12.06x	18.75x	6.14%	9.68B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	36.19x	7.65x	12.34x	5.45%	9.22B
Average	19.75x	13.64x	18.96x	5.11%	16.45B
Weighted average by Cap.	25.42x	15.42x	18.88x	4.9%