ALTAREA (FR:ALTA)
:ALTA
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ALTAREA
(ALTA)
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Rating:58Neutral
Price Target:
€123.00
▲(4.06% Upside)
Action:ReiteratedDate:10/28/25
ALTAREA's overall score is driven by a positive financial performance with improved profitability and cash flow. However, technical indicators suggest bearish momentum, and the negative P/E ratio raises valuation concerns. The high dividend yield is a positive aspect for income investors.
Positive Factors
Recurring leasing & asset management revenue
ALTAREA's mix of leasing income and asset-management fees provides recurring cash flows that are less cyclical than development sales. Over 2–6 months this steadier revenue base supports liquidity, funds ongoing operations and reduces reliance on one-off property disposals to cover commitments.
Negative Factors
Declining revenue trend
A falling top line and a sharp 2025 drop reduce internal funding for new projects and increase reliance on asset sales or external financing. Over months this compresses operational flexibility, weakens bargaining power with partners and can force project delays or margin concessions on future contracts.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring leasing & asset management revenue
ALTAREA's mix of leasing income and asset-management fees provides recurring cash flows that are less cyclical than development sales. Over 2–6 months this steadier revenue base supports liquidity, funds ongoing operations and reduces reliance on one-off property disposals to cover commitments.
Read all positive factors
ALTAREA (ALTA) vs. iShares MSCI France ETF (EWQ)
Market Cap
€2.73B
Dividend Yield7.34%
Average Volume (3M)13.46K
Price to Earnings (P/E)―
Beta (1Y)0.81
Revenue Growth-4.87%
EPS Growth97.55%
CountryFR
Employees2,129
SectorGeneral
Sector StrengthN/A
IndustryREIT - Residential
Share Statistics
EPS (TTM)-0.05
Shares Outstanding23,371,012
10 Day Avg. Volume7,912
30 Day Avg. Volume13,455
Financial Highlights & Ratios
PEG Ratio10.73
Price to Book (P/B)1.52
Price to Sales (P/S)1.19
P/FCF Ratio-65.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€107.00Price Target Upside-9.48% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)7.38
Revenue Forecast (FY)€2.68B
ALTAREA Business Overview & Revenue Model
Company Description
Altarea is the leading real estate developer from France. Both a developer and an investor, the Group is present in the three main real estate markets (Retail, Housing and Business real estate), enabling it to be the leader in major mixed urban re...
How the Company Makes Money
ALTAREA generates revenue primarily through the development and sale of residential and commercial properties. The company engages in property development projects, which include acquiring land, obtaining necessary permits, and constructing buildi...
ALTAREA Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
75
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.08B | 2.71B | 2.71B | 3.03B | 2.81B |
| Gross Profit | 497.00M | 590.40M | 465.90M | 352.00M | 351.80M |
| EBITDA | 177.30M | 218.50M | -98.70M | 397.70M | 337.20M |
| Net Income | 8.40M | 6.10M | -472.90M | 74.40M | 72.20M |
Balance Sheet | |||||
| Total Assets | 7.96B | 8.40B | 8.34B | 4.28B | 4.48B |
| Cash, Cash Equivalents and Short-Term Investments | 383.50M | 804.10M | 713.10M | 952.30M | 1.63B |
| Total Debt | 2.58B | 2.74B | 2.68B | 1.31B | 1.69B |
| Total Liabilities | 4.88B | 5.24B | 5.12B | 3.13B | 3.40B |
| Stockholders Equity | 1.64B | 1.69B | 1.75B | 1.10B | 2.24B |
Cash Flow | |||||
| Free Cash Flow | -38.10M | 400.40M | 320.20M | -22.40M | 33.70M |
| Operating Cash Flow | 66.40M | 432.30M | 330.50M | -20.60M | 43.60M |
| Investing Cash Flow | -186.30M | -20.70M | 63.60M | -43.10M | -19.50M |
| Financing Cash Flow | -277.80M | -301.50M | -438.80M | -504.60M | 137.80M |
ALTAREA Technical Analysis
Positive
118.20
Price Trends
118.04
Negative
112.82
Positive
107.78
Positive
Market Momentum
-0.18
Negative
53.29
Neutral
82.18
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALTA, the sentiment is Positive. The current price of 118.2 is above the 20-day moving average (MA) of 114.60, above the 50-day MA of 118.04, and above the 200-day MA of 107.78, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 53.29 is Neutral, neither overbought nor oversold. The STOCH value of 82.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALTA.
ALTAREA Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | €1.56B | 6.90 | 10.42% | 5.16% | 7.53% | 189.00% | |
65 Neutral | €1.28B | 10.12 | ― | 3.96% | 12.76% | 15.65% | |
65 Neutral | €138.69M | 3.76 | 6.91% | 6.63% | -26.37% | 16.47% | |
58 Neutral | €2.73B | -453.64 | -0.71% | 7.34% | -4.87% | 97.55% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
FR:ALTA
ALTAREA
117.40
27.38
30.42%
FR:ARG
ARGAN SA
60.50
5.58
10.16%
FR:CBOT
CBO TERRITORIA
3.99
0.60
17.70%
FR:CFI
Compagnie Fonciere Internationale
1.14
-0.16
-12.38%
FR:CDA
Compagnie des Alpes
25.25
10.54
71.68%
FR:ALDV
Alliance Developpement Capital SIIC
0.07
<0.01
14.04%
ALTAREA Corporate Events
Altarea Details Activity and Resources of Its Share Liquidity Contract
Jan 10, 2026
Altarea reported the mid-year review of its share liquidity contract with Rothschild Martin Maurel, disclosing that the dedicated account held €1.99 million in cash as of 31 December 2025 and detailing substantial volumes of share buy and se...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.