Carmila SAS (CARM) AI Stock Analysis

• Market Cap: €2.34B
• Dividend Yield: 7.53%
• Average Volume (3M): 115.33K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.70
• Revenue Growth: 9.85%
• EPS Growth: 12653.45%
• Country: FR
• Employees: 260
• Sector: Real Estate
• Sector Strength: 72
• Industry: REIT - Retail
• EPS (TTM): 1.62
• Shares Outstanding: 140,948,870
• 10 Day Avg. Volume: 124,026
• 30 Day Avg. Volume: 115,335
• PEG Ratio: 0.61
• Price to Book (P/B): 0.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.14
• 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: €18.75
• Price Target Upside: 12.95% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 68 Neutral
• Price Target: €18.00 ▲(8.43%Upside)

Carmila SAS's overall stock score reflects a strong financial performance and attractive valuation offset by weak technical indicators. The company's robust cash flow and profitability are significant strengths. However, the bearish technical signals indicate short-term challenges, which could pressure the stock price. The valuation suggests potential long-term value for income-focused investors.

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 the leasing of retail space within its shopping centers. Its key revenue streams include rental income from tenants, which can include fixed rent and variable components linked to tenant sales. The company may also derive income from service charges and management fees related to property management services it provides. Additionally, Carmila seeks to enhance its earnings through active asset management strategies, such as redevelopments and refurbishments to increase property value and attract higher-quality tenants. Strategic partnerships with major retailers and local businesses play a significant role in maintaining occupancy rates and driving foot traffic, which in turn supports rental income growth.

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
	EBIT
419.99M	288.40M	288.71M	235.78M	214.66M
	EBITDA
431.23M	290.29M	289.70M	237.28M	216.60M
	Net Income Common Stockholders
313.84M	2.78M	219.33M	192.12M	-198.75M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
154.44M	860.19M	356.71M	238.27M	320.26M
	Total Assets
6.74B	6.73B	6.51B	6.37B	6.45B
	Total Debt
2.75B	3.05B	2.59B	2.59B	2.59B
	Net Debt
2.60B	2.19B	2.23B	2.35B	2.27B
	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: Negative
• Last Price: 16.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:CARM, the sentiment is Negative. The current price of 16.6 is below the 20-day moving average (MA) of 17.51, below the 50-day MA of 17.34, and above the 200-day MA of 16.27, indicating a neutral trend. The MACD of -0.24 indicates Positive momentum. The RSI at 37.37 is Neutral, neither overbought nor oversold. The STOCH value of 39.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:CARM.

Carmila SAS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FREY	72 Outperform	€927.74M	22.91	3.82%	6.25%	29.08%	76.20%
MERY	71 Outperform	€1.00B	18.63	8.22%	8.08%	-4.35%	0.63%
CARM	68 Neutral	€2.34B	7.51		7.53%	9.85%	12653.45%
COV	62 Neutral	€5.67B	79.83	0.84%	6.81%	3.97%	―
Sector *	61 Neutral	$2.83B	10.91	0.42%	11.76%	5.94%	-21.26%
ALTA	59 Neutral	€2.19B	349.06	0.35%	6.97%	2.24%	―
ICAD	56 Neutral	€1.76B	―	-5.92%	18.59%	-5.13%	75.42%