Societe de la Tour Eiffel (EIFF) AI Stock Analysis

• Market Cap: €528.84M
• Dividend Yield: N/A
• Average Volume (3M): 2.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: -6.82%
• EPS Growth: 62.40%
• Country: FR
• Employees: 55
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Office
• EPS (TTM): -0.13
• Shares Outstanding: 132,890,520
• 10 Day Avg. Volume: 1,912
• 30 Day Avg. Volume: 2,579
• PEG Ratio: 0.10
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 7.17
• P/FCF Ratio: -11.84
• 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: €5.00
• Price Target Upside: 22.85% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.25
• Revenue Forecast (FY): €89.47M

• Rating: 44 Neutral
• Price Target: €4.00 ▼(-1.72% Downside)
• Action: Reiterated Date: 03/20/26
• Date: Action: Reiterated 03/20/26

The score is held down primarily by weak financial performance, led by materially deteriorated profitability and persistent negative free cash flow despite improved leverage. Technicals also lean negative with the price below major moving averages and a negative MACD. Valuation provides limited support because the negative P/E reflects ongoing losses and no dividend yield data is available.

Positive Factors

Durable, diversified tourism revenue model

Operating the Eiffel Tower creates enduring demand and multiple onsite revenue streams (tickets, restaurants, retail, events). This iconic asset delivers structural visitation and partnership opportunities that support recurring cash inflows and pricing leverage over the medium term.

Improved leverage and stronger equity base

Material reduction in leverage increases financial flexibility and reduces refinancing risk, giving the company time to execute operational recovery. A stronger equity base supports balance-sheet resilience and capacity to absorb continued operating volatility over coming quarters.

Positive operating cash flow

Consistent positive operating cash flow shows core activities still generate cash despite accounting losses. This underlying cash generation provides a foundation to fund essential operations and partial reinvestment, reducing absolute reliance on new external financing in the medium term.

Negative Factors

Persistent negative free cash flow

Sustained negative FCF erodes liquidity and forces dependence on asset disposals or fresh capital to fund capex and debt service. With coverage roughly 0.15, internal cash falls short of obligations, creating structural funding risk that can impair long-term investment and operations.

Material deterioration in profitability

Severe margin collapse to negative gross profit and deep net losses across multiple years signals structural cost or revenue mix problems. Persistent negative margins limit ability to rebuild reserves, reduce reinvestment capacity, and challenge recovery of sustainable operating returns.

Negative returns on equity

Consecutive negative ROE indicates management has been unable to generate returns from capital despite an improved equity base. This points to structural operational inefficiency or insufficient monetization of the asset, pressuring long-term shareholder value creation unless performance reverses.

Societe de la Tour Eiffel Business Overview & Revenue Model

Company Description

Société de la Tour Eiffel is an integrated commercial real estate company with €1.9 bn in assets and a powerful service culture. It operates across the real estate cycle, supporting companies of all sizes and sectors, and directly manages assets in strong growth regions via a rigorous management process. The real estate company manages its real estate portfolio, which is currently growing fast, for the long term. It is implementing a strategic refocus on 100% office property, 80% in Greater Paris and 20% in the regions and is now established as a leading actor in the sector. Société de la Tour Eiffel is listed on Euronext Paris (Compartment B) – ISIN Code: FR0000036816 –Reuters: TEIF.PA – Bloomberg: EIFF.FP – A member of Indexes: IEIF Foncières, IEIF Immobilier France.

How the Company Makes Money

EIFF generates revenue primarily through ticket sales for access to the Eiffel Tower, which includes different pricing tiers for adults, children, and various packages that offer guided tours or access to exclusive areas. Additionally, the company earns income from dining services provided at the tower's restaurants and cafes, along with retail sales from souvenir shops located on-site. EIFF also benefits from strategic partnerships with tourism agencies and local businesses, which help to promote visits to the Eiffel Tower and enhance its visibility. Seasonal events and exhibitions further contribute to its revenue, while advertising and sponsorship deals with brands seeking to leverage the iconic status of the Eiffel Tower provide additional income streams.

Societe de la Tour Eiffel Financial Statement Overview

Summary

Overall financials are pressured by sharply negative profitability (large net loss and margin collapse). Balance-sheet leverage improved materially (lower debt-to-equity and higher equity), but returns remain negative and free cash flow is consistently negative, with low operating cash flow coverage relative to obligations.

Income Statement

Profitability has deteriorated materially. 2025 revenue was modestly higher (+2.9%), but margins collapsed with negative gross profit and deeply negative operating results, driving a large net loss (net margin about -86%). This follows two consecutive loss-making years (2023–2024) after modest profitability in 2020–2022, indicating weak earnings quality and high sensitivity to costs/valuation impacts.

Balance Sheet

Leverage looks improved versus prior years: debt-to-equity fell to ~0.47 in 2025 from ~1.26–1.48 during 2021–2024, and equity increased meaningfully. However, returns on equity are negative in the last three years (2023–2025), and total debt remains sizable in absolute terms, leaving the capital structure reliant on a recovery in operating performance.

Cash Flow

Operating cash flow stayed positive (about €51m in 2025), but free cash flow is consistently negative in recent years (2023–2025), including ~-€45m in 2025, and it worsened year over year. Cash generation from operations is low relative to the company’s obligations (coverage ratio ~0.15 in 2025), suggesting limited internal capacity to fund investment/servicing needs without asset sales or financing.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	74.60M	79.02M	114.61M	121.11M	92.27M
Gross Profit	-24.10M	64.76M	31.29M	18.16M	23.54M
EBITDA	-8.20M	57.11M	-225.00K	90.39M	46.97M
Net Income	-63.90M	-59.19M	-47.21M	4.04M	2.76M
Balance Sheet
Total Assets	1.46B	1.51B	1.57B	1.56B	1.72B
Cash, Cash Equivalents and Short-Term Investments	50.00M	79.02M	59.51M	49.89M	178.55M
Total Debt	435.02M	811.60M	817.36M	745.68M	1.12B
Total Liabilities	616.72M	928.03M	923.21M	1.10B	1.22B
Stockholders Equity	916.70M	577.06M	650.23M	722.48M	753.62M
Cash Flow
Free Cash Flow	-45.20M	-33.42M	-81.73M	5.02M	9.56M
Operating Cash Flow	50.61M	43.52M	42.55M	64.94M	61.12M
Investing Cash Flow	-92.33M	9.06M	-69.80M	-27.44M	33.81M
Financing Cash Flow	12.67M	-33.07M	36.87M	-166.16M	-103.63M

Societe de la Tour Eiffel Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:EIFF, the sentiment is Negative. The current price of 4.07 is above the 20-day moving average (MA) of 4.04, below the 50-day MA of 4.12, and below the 200-day MA of 4.56, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.25 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:EIFF.

Societe de la Tour Eiffel Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GFC	59 Neutral	€4.97B	13.36	4.93%	6.39%	3.84%	―
ICAD	51 Neutral	€1.47B	-13.56	-4.49%	20.25%	-6.91%	80.39%
NXI	46 Neutral	€435.40M	-2.64	-19.97%	―	-16.43%	-371.45%
EIFF	44 Neutral	€528.84M	-8.37	-10.94%	―	-6.82%	62.40%