Carmila SAS (CARM) AI Stock Analysis

• Market Cap: €2.47B
• Dividend Yield: 6.93%
• Average Volume (3M): 74.91K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.57
• Revenue Growth: 16.69%
• EPS Growth: 574.43%
• Country: FR
• Employees: 260
• Sector: Real Estate
• Sector Strength: 59
• Industry: REIT - Retail
• EPS (TTM): 0.93
• Shares Outstanding: 140,948,870
• 10 Day Avg. Volume: 83,968
• 30 Day Avg. Volume: 74,905
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €18.67
• Price Target Upside: 3.49% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3

• Rating: 77 Outperform
• Price Target: €19.00 ▲(5.32% Upside)

Carmila SAS demonstrates strong financial performance, supported by robust cash flow and profitability metrics. Its valuation is highly attractive, with a low P/E ratio and high dividend yield. While technical indicators show some weakness, the stock's oversold condition may present buying opportunities. The absence of recent earnings call and corporate events data leaves financial and valuation metrics as the primary drivers of the score.

Carmila SAS Business Overview & Revenue Model

Company Description

The third listed company of shopping centres in Continental Europe, Carmila was created by Carrefour and major institutional investors to transform and enhance the shopping centres adjoining Carrefour stores in France, Spain and Italy. As of 30 June 2020, its portfolio consisted of 215 shopping centres, leaders in their catchment area, valued at 6.2 billion euros. Putting proximity at the heart of all its actions, Carmila aims to simplify life and improve the daily lives of merchants and customers in the heart of all territories. Driven by a true commercial culture, its teams integrate all the expertise dedicated to the attractiveness of its assets: operations, center management, marketing, local digital marketing, new business and CSR. Carmila is listed in Compartment A on Euronext-Paris under the symbol CARM. It benefits from the regime of listed real estate investment companies (SIIC). On September 18, 2017, Carmila joined the FTSE EPRA/NAREIT Global Real Estate (EMEA Region) indices. On September 24, 2018, Carmila joined the Euronext CAC Small, CAC Mid Small and CAC All-tradable indices.

How the Company Makes Money

Carmila SAS generates revenue primarily through rental income from leasing retail space in its shopping centers to a diverse range of tenants, including large anchor stores, smaller retail shops, and service providers. The company also earns income from property management services and ancillary services such as advertising and promotional events held within its retail properties. Additionally, Carmila benefits from strategic partnerships with major retailers and real estate developers to enhance the value of its shopping centers, contributing to its financial performance.

Carmila SAS Financial Statement Overview

Summary

Carmila SAS presents a robust financial position with strong profitability and cash flow performance. The company demonstrates efficient revenue and profit growth, though leverage remains a consideration. Continued focus on maintaining this trajectory should bolster its financial stability and growth prospects.

Income Statement

Carmila SAS shows strong improvements in profitability, evidenced by a substantial increase in net income and EBIT. The gross profit margin remains stable, but the net profit margin has seen a remarkable increase due to the recovery from previous losses. The revenue growth rate is positive, indicating a healthy upward trend in sales.

Balance Sheet

The balance sheet reveals a solid equity base with a stable equity ratio. However, the debt-to-equity ratio is relatively high, suggesting potential leverage risk, though the increase in stockholders' equity is a positive sign. The return on equity has improved significantly, reflecting enhanced profitability.

Cash Flow

Carmila SAS exhibits strong cash flow performance with a significant increase in free cash flow. The operating cash flow to net income ratio indicates efficient cash generation relative to net income. The company has managed to grow its free cash flow consistently, enhancing its financial flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	506.94M	486.12M	472.69M	444.34M	439.95M
Gross Profit	370.69M	364.53M	361.06M	303.24M	279.42M
EBITDA	431.23M	290.29M	289.70M	237.28M	216.60M
Net Income	313.84M	2.78M	219.33M	192.12M	-198.75M
Balance Sheet
Total Assets	6.74B	6.73B	6.51B	6.37B	6.45B
Cash, Cash Equivalents and Short-Term Investments	154.44M	860.19M	356.71M	238.27M	320.26M
Total Debt	2.75B	3.05B	2.59B	2.59B	2.59B
Total Liabilities	3.32B	3.44B	3.01B	2.99B	3.18B
Stockholders Equity	3.41B	3.29B	3.50B	3.37B	3.26B
Cash Flow
Free Cash Flow	293.24M	261.55M	236.37M	114.34M	115.25M
Operating Cash Flow	296.29M	276.05M	261.41M	200.12M	116.20M
Investing Cash Flow	-229.24M	56.67M	30.46M	-146.27M	-75.81M
Financing Cash Flow	-772.93M	170.77M	-173.36M	-126.99M	96.90M

Carmila SAS Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:CARM, the sentiment is Positive. The current price of 18.04 is above the 20-day moving average (MA) of 17.16, above the 50-day MA of 17.10, and above the 200-day MA of 16.32, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 69.21 is Neutral, neither overbought nor oversold. The STOCH value of 80.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:CARM.

Carmila SAS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CARM	77 Outperform	€2.47B	7.03		6.93%	16.69%	574.43%
Sector *	63 Neutral	$6.81B	13.54	-1.43%	7.28%	4.64%	-34.02%
0IRK	―	€2.49B	352.17	-0.71%	7.70%	―	―
0J6V	―	€6.47B	15.40	5.11%	―	―	―
0K4O	―	€1.63B	―	-4.49%	―	―	―
0IQU	―	€1.04B	33.20	5.24%	―	―	―
943	―	€947.07M	142.42	0.61%	―	―	―