Societe Fonciere Lyonnaise SA (FLY) AI Stock Analysis

• Market Cap: €3.23B
• Dividend Yield: 3.8%
• Average Volume (3M): 208.00
• Price to Earnings (P/E): 15.6
• Beta (1Y): -0.06
• Revenue Growth: 4.73%
• EPS Growth: N/A
• Country: FR
• Employees: 64
• Sector: Real Estate
• Sector Strength: 69
• Industry: REIT - Office
• EPS (TTM): N/A
• Shares Outstanding: 43,009,880
• 10 Day Avg. Volume: 246
• 30 Day Avg. Volume: 208
• PEG Ratio: -0.52
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.85
• 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

• Rating: 64 Neutral
• Price Target: €79.00 ▲(4.77%Upside)

Societe Fonciere Lyonnaise SA's financial performance is a key strength, with improved profitability and stable leverage, though challenges in cash flow generation need attention. The valuation is attractive, supported by a moderate P/E ratio and a good dividend yield. Technical indicators show mild upward momentum but with caution due to a negative MACD.

Societe Fonciere Lyonnaise SA Business Overview & Revenue Model

Company Description

Leader in the prime segment of the Parisian commercial real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €7.2 billion and is focused on the Central Business District of Paris (#cloud.paris, Edouard VII, Washington Plaza, etc.), and for the quality of its client portfolio, which is composed of prestigious companies in the consulting, media, digital, luxury, finance and insurance sectors. As France's oldest property company, SFL demonstrates year after year an unwavering commitment to its strategy focused on creating a high value in use for users and, ultimately, substantial appraisal values for its properties. Société Foncière Lyonnaise SA operates as a subsidiary of Inmobiliaria Colonial, SOCIMI, S.A.

How the Company Makes Money

Société Foncière Lyonnaise SA generates revenue primarily through leasing its portfolio of commercial properties, including offices and retail spaces, to various tenants. The company earns income from long-term lease agreements, which provide a stable and predictable cash flow. Additionally, FLY may engage in property development and renovation projects to increase the value of its assets, thus enhancing rental income potential. The company also capitalizes on property sales, selectively disposing of assets to realize capital gains and reinvest in higher-yield opportunities. Strategic partnerships and collaborations with other real estate entities and stakeholders further bolster its revenue streams and market position.

Societe Fonciere Lyonnaise SA Financial Statement Overview

Summary

Societe Fonciere Lyonnaise SA showed a strong rebound in profitability and margins. The balance sheet remains stable with controlled leverage, although equity financing decreased. Cash flow management is adequate, but a decline in free cash flow growth requires attention.

Income Statement

Societe Fonciere Lyonnaise SA demonstrated a strong recovery in its EBIT and EBITDA margins, turning positive from significant losses in the previous year. The gross profit margin remained high at 96.9%. The net profit margin improved dramatically to 83.2% from a negative position. However, the revenue growth rate was moderate at 6.2%, indicating a need for stronger top-line growth.

Balance Sheet

The company's debt-to-equity ratio increased slightly to 0.75, reflecting a manageable level of leverage. The return on equity improved significantly to 5.7%, driven by a turnaround in profitability. However, the equity ratio declined to 47.5%, suggesting a decrease in the proportion of equity financing.

Cash Flow

Free cash flow saw a decline of 12.2%, but operating cash flow to net income ratio remained positive at 0.48, indicating effective cash conversion. The free cash flow to net income ratio was also healthy at 0.47. Nonetheless, the decrease in free cash flow growth highlights potential challenges in cash generation.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
248.83M	234.42M	244.56M	207.79M	218.44M
	Gross Profit
241.11M	222.91M	199.91M	168.72M	177.54M
	EBIT
322.30M	-758.87M	171.76M	134.24M	152.61M
	EBITDA
330.59M	-760.13M	173.86M	135.45M	153.52M
	Net Income Common Stockholders
206.93M	-638.77M	143.43M	292.04M	286.88M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
84.87M	96.78M	69.43M	114.88M	15.28M
	Total Assets
7.67B	7.43B	8.33B	7.73B	7.49B
	Total Debt
2.74B	2.63B	2.49B	1.90B	1.96B
	Net Debt
2.65B	2.53B	2.42B	1.79B	1.94B
	Total Liabilities
3.04B	2.95B	2.85B	2.25B	2.29B
	Stockholders Equity
3.64B	3.54B	4.38B	4.39B	4.65B
Cash Flow		Free Cash Flow
96.98M	110.27M	151.46M	109.35M	104.84M
	Operating Cash Flow
99.98M	115.32M	152.74M	110.37M	106.95M
	Investing Cash Flow
-84.08M	-24.31M	-557.90M	134.37M	-115.37M
	Financing Cash Flow
-27.97M	-63.67M	359.71M	-140.78M	-34.66M

Societe Fonciere Lyonnaise SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 75.40
• 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:FLY, the sentiment is Positive. The current price of 75.4 is above the 20-day moving average (MA) of 73.14, above the 50-day MA of 73.32, and above the 200-day MA of 70.82, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 64.64 is Neutral, neither overbought nor oversold. The STOCH value of 75.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:FLY.

Societe Fonciere Lyonnaise SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLY	64 Neutral	€3.23B	15.64	5.76%	3.80%	4.73%	―
Sector *	61 Neutral	$2.83B	10.72	0.40%	6.10%	5.80%	-21.26%
0IS8		€3.62B	15.43	6.58%	6.41%	―	―
0J6V		€5.73B	80.14	0.84%	4.87%	―	―
0OPE		€7.07B	22.77	2.94%	5.61%	―	―
0K4O		€1.83B	―	-5.92%	14.95%	―	―
0F4I		€9.45B	8.66	13.21%	5.49%	―	―