Valuation Altarea

Stocks

Market Closed - Euronext Paris Other stock markets 16:55:00 31/07/2026 BST			5-day change	1st Jan Change
100.80 ^EUR	-0.98%		+2.65%	-8.03%

07-30	Altarea: Rapid improvement in FFO	AL
07-29	Altarea: Remarkable cash generation in H1 26	AL

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	2,372	-	-
Change	-	-24.52%	-35.37%	27.76%	21.03%	-7.11%	-	-
Enterprise Value (EV) ¹	5,507	4,456	3,685	3,792	4,456	4,219	4,145	4,153
Change	-	-19.07%	-17.31%	2.89%	17.52%	-5.32%	-1.75%	0.18%
P/E	14.6x	7.97x	-3.54x	344x	296x	12.7x	10.1x	10.2x
PBR	1.51x	-	-	-	1.52x	1.04x	1.04x	1.02x
PEG	-	0.2x	0x	-3x	9.2x	0x	0.4x	-8.95x
Capitalization / Revenue	1.12x	0.85x	0.61x	0.86x	1.23x	1.04x	1.02x	0.98x
EV / Revenue	1.82x	1.48x	1.36x	1.54x	2.15x	1.86x	1.79x	1.71x
EV / EBITDA	12.5x	10.3x	-10x	15.6x	23.7x	12.3x	9.49x	8.44x
EV / EBIT	15.9x	10.9x	-7.74x	18.1x	29.4x	11.7x	8.82x	9.75x
EV / FCF	15.9x	13.6x	9.72x	10.5x	-119x	16.4x	18.4x	18.6x
FCF Yield	6.27%	7.33%	10.3%	9.57%	-0.84%	6.09%	5.43%	5.37%
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%	8.35%	8.84%	10.2%
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	101.80	101.80	101.80
Nbr of stocks (in thousands)	20,198	20,248	20,645	21,888	23,301	23,303	-	-
Announcement Date	22/02/22	28/02/23	27/02/24	25/02/25	24/02/26	-	-	-

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ALTAREA	11.87x	1.81x	11.6x	8.35%	2.73B
REALTY INCOME CORPORATION	41.27x	15.87x	16.45x	5.08%	60.08B
SEGRO PLC	17.05x	23.8x	28.03x	3.38%	17.58B
UNIBAIL-RODAMCO-WESTFIELD SE	9.56x	13.34x	16.2x	5.25%	17.35B
CAPITALAND INTEGRATED COMMERCIAL TRUST	20.57x	17.25x	25.68x	4.82%	15.44B
KLÉPIERRE	11.2x	14.13x	16.9x	4.98%	13.04B
FEDERAL REALTY INVESTMENT TRUST	30.72x	11.49x	18.13x	3.66%	10.72B
MERLIN PROPERTIES SOCIMI, S.A.	9.87x	22.16x	29.46x	2.84%	10.59B
CAPITALAND ASCENDAS REIT	16.42x	12.58x	19.69x	5.89%	10.05B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	25.45x	7.43x	12.17x	5.49%	9.15B
Average	19.40x	13.99x	19.43x	4.97%	16.67B
Weighted average by Cap.	25.63x	15.66x	19.35x	4.78%