Societe Marseillaise du Tunnel Prado Carenage (ALTPC) AI Stock Analysis

• Market Cap: €170.46M
• Dividend Yield: 7.83%
• Average Volume (3M): 1.37K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 0.12
• Revenue Growth: 3.73%
• EPS Growth: 11.41%
• Country: FR
• Employees: 65
• Sector: General
• Sector Strength: N/A
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 1.80
• Shares Outstanding: 5,837,500
• 10 Day Avg. Volume: 1,800
• 30 Day Avg. Volume: 1,369
• PEG Ratio: 1.36
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 4.13
• P/FCF Ratio: 6.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.99
• Revenue Forecast (FY): €39.58M

• Rating: 79 Outperform
• Price Target: €33.00 ▲(17.44% Upside)
• Action: Reiterated
• Date: 05/01/26

Positive Factors

Cash Generation

Consistent and improving operating and free cash flow through 2023–2025 provides durable internal financing for tunnel maintenance, capital expenditures and discretionary uses. Strong cash conversion reduces dependence on external financing and supports long-term payout and debt reduction strategies.

Negative Factors

Modest Revenue Growth

Top-line expansion has been modest (~3.7% reported), reflecting limited traffic growth or constrained pricing levers in an urban tunnel setting. Slower revenue momentum limits the pace at which the company can expand margins, invest in upgrades, or accelerate deleveraging without relying on non-operating measures.

Societe Marseillaise du Tunnel Prado Carenage Business Overview & Revenue Model

Company Description

Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates the Prado Carénage, Rège and Prado Sud, Prado South tunnels. The company was incorporated in 1989 and is headquartered in Marseille, France....

How the Company Makes Money

ALTPC makes money primarily by collecting tolls from vehicles that use the Prado-Carénage tunnel. Revenue is generated on a per-vehicle basis, with toll levels typically set under the terms of the tunnel’s operating framework. Additional earnings ...

Read more

ALTPC makes money primarily by collecting tolls from vehicles that use the Prado-Carénage tunnel. Revenue is generated on a per-vehicle basis, with toll levels typically set under the terms of the tunnel’s operating framework. Additional earnings ...

Societe Marseillaise du Tunnel Prado Carenage Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	39.47M	38.05M	37.75M	35.02M	32.53M
Gross Profit	16.57M	33.26M	28.46M	18.55M	29.48M
EBITDA	26.68M	30.45M	29.62M	27.80M	25.02M
Net Income	10.81M	9.44M	11.94M	12.97M	10.67M
Balance Sheet
Total Assets	121.19M	129.40M	139.26M	144.44M	141.59M
Cash, Cash Equivalents and Short-Term Investments	48.92M	43.98M	41.74M	46.96M	46.96M
Total Debt	37.99M	45.87M	53.30M	59.84M	56.93M
Total Liabilities	50.46M	56.35M	63.39M	69.43M	68.45M
Stockholders Equity	70.73M	73.05M	75.87M	75.01M	73.14M
Cash Flow
Free Cash Flow	25.52M	22.06M	12.42M	7.96M	13.29M
Operating Cash Flow	26.92M	24.20M	22.14M	18.71M	25.29M
Investing Cash Flow	-1.40M	-2.14M	-9.73M	-10.75M	-12.00M
Financing Cash Flow	-20.59M	-19.82M	-17.63M	-7.96M	-5.69M

Societe Marseillaise du Tunnel Prado Carenage Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 28.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALTPC, the sentiment is Positive. The current price of 28.1 is below the 20-day moving average (MA) of 28.97, below the 50-day MA of 28.70, and above the 200-day MA of 27.94, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 64.64 is Neutral, neither overbought nor oversold. The STOCH value of 68.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALTPC.

Societe Marseillaise du Tunnel Prado Carenage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALTPC	79 Outperform	€170.46M	7.45	14.64%	7.83%	3.73%	11.41%
DBG	64 Neutral	€1.59B	3.56	11.12%	1.90%	-7.47%	63.56%
GLO	63 Neutral	€1.01B	6.22	17.70%	3.03%	5.07%	9.96%
CDA	58 Neutral	€1.10B	-9.96	―	3.96%	12.77%	15.61%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
ICAD	51 Neutral	€1.51B	-13.34	-4.49%	20.25%	-7.79%	55.44%
NXI	46 Neutral	€456.84M	-0.86	-19.97%	―	-15.36%	-201.63%