Frey SA (FREY) AI Stock Analysis

• Market Cap: €934.18M
• Dividend Yield: 6.47%
• Average Volume (3M): 416.00
• Price to Earnings (P/E): 23.1
• Beta (1Y): 0.04
• Revenue Growth: 29.08%
• EPS Growth: 76.20%
• Country: FR
• Employees: 103
• Sector: Real Estate
• Sector Strength: 63
• Industry: REIT - Retail
• EPS (TTM): -0.20
• Shares Outstanding: 32,250,100
• 10 Day Avg. Volume: 674
• 30 Day Avg. Volume: 416
• PEG Ratio: 0.10
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 35.67
• 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: €32.00
• Price Target Upside: 9.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ―

Frey SA's stock score reflects strong financial performance and a robust dividend yield, which are somewhat offset by mixed technical indicators. The company's solid revenue and cash flow growth, alongside efficient cash management, are key strengths. However, the technical analysis shows some potential weakness, with the stock trading below key moving averages.

Frey SA Business Overview & Revenue Model

Company Description

Frey SA (FREY) is a French real estate company specializing in the development and management of retail parks. The company focuses on creating sustainable and vibrant commercial spaces that integrate environmental and social considerations. Frey SA operates primarily in the retail sector, providing spaces for various retail outlets, restaurants, and service providers.

How the Company Makes Money

Frey SA generates revenue primarily through leasing retail space within its developed properties to tenants, including retailers, restaurants, and service providers. The company earns rental income from these leases, which often include fixed rents, variable rents based on sales, and service charges. Additionally, Frey SA may generate income from property development and sales, as well as through strategic partnerships or joint ventures with other real estate or retail entities. The company places a strong emphasis on sustainability and creating value through innovative retail park concepts, which can attract higher-quality tenants and potentially lead to increased rental income.

Frey SA Financial Statement Overview

Summary

Frey SA displays a solid financial performance with strong revenue growth, profitability, and cash flow generation. Despite a slight increase in leverage, the company maintains healthy margins and efficient cash management, positioning it well within the steel industry.

Income Statement

Frey SA has shown consistent revenue growth with a significant increase from €148.52 million in 2023 to €191.31 million in 2024, marking a 28.8% growth rate. The gross profit margin improved from 66.8% to 65%, and the net profit margin also increased to 20.9%. Strong EBIT and EBITDA margins indicate healthy operational efficiency.

Balance Sheet

The company's debt-to-equity ratio increased slightly due to higher total debt, but remains manageable. The equity ratio decreased from 43.7% to 41.6%, indicating a slight increase in leverage. Return on equity is strong at 38.2%, reflecting efficient use of shareholders' equity.

Cash Flow

Operating cash flow increased significantly to €110.72 million, and free cash flow showed healthy growth. The operating cash flow to net income ratio is robust at 2.77, indicating strong cash generation relative to net income. The free cash flow to net income ratio is also strong at 1.52, reflecting efficient cash management.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
191.31M	148.52M	124.78M	100.16M	108.30M
	Gross Profit
124.38M	99.20M	79.12M	65.31M	57.02M
	EBIT
127.81M	93.43M	56.33M	48.86M	32.95M
	EBITDA
124.79M	80.35M	57.97M	85.61M	10.98M
	Net Income Common Stockholders
40.00M	18.86M	129.38M	65.43M	2.37M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
321.29M	72.98M	72.06M	84.47M	56.16M
	Total Assets
2.52B	2.40B	2.05B	1.76B	1.56B
	Total Debt
1.24B	1.00B	807.66M	606.25M	519.51M
	Net Debt
915.98M	931.33M	735.60M	521.79M	463.35M
	Total Liabilities
1.42B	1.28B	997.47M	789.17M	734.38M
	Stockholders Equity
1.05B	1.05B	990.08M	907.17M	768.21M
Cash Flow		Free Cash Flow
60.69M	57.53M	27.09M	15.40M	23.36M
	Operating Cash Flow
110.72M	61.04M	44.88M	40.98M	29.50M
	Investing Cash Flow
66.02M	-267.08M	-209.86M	-148.88M	-106.04M
	Financing Cash Flow
71.52M	206.85M	152.80M	136.23M	35.10M

Frey SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:FREY, the sentiment is Positive. The current price of 29.2 is above the 20-day moving average (MA) of 28.14, above the 50-day MA of 27.87, and above the 200-day MA of 28.29, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 87.45 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:FREY.

Frey SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEX	79 Outperform	€4.51B	16.16	15.96%	2.52%	9.70%	26.01%
FREY	72 Outperform	€934.18M	23.07	3.82%	6.47%	29.08%	76.20%
GFC	68 Neutral	€7.08B	22.87	2.94%	5.66%	2.29%	―
URW	62 Neutral	€12.07B	80.44		4.15%	6.37%	―
COV	62 Neutral	€5.80B	81.71	0.84%	6.72%	3.97%	―
Sector *	61 Neutral	$2.86B	10.96	0.41%	6.08%	5.73%	-21.25%
ICAD	56 Neutral	€1.86B	―	-5.92%	14.62%	-5.13%	75.42%

Frey SA Corporate Events

FREY Files 2024 Universal Registration Document Highlighting Sustainability Initiatives

FREY has filed its Universal Registration Document for the 2024 fiscal year with the Autorité des Marchés Financiers, which includes the annual financial report, corporate governance report, and auditors’ reports. The document also features FREY’s 4th Mission Report, highlighting its dedication to sustainable real estate and commerce. This filing underscores FREY’s commitment to transparency and its strategic focus on ecological and socially responsible business practices, reinforcing its position as a leader in the outdoor shopping destination market.