Patrimoine et Commerce (PAT) AI Stock Analysis

• Market Cap: €385.77M
• Dividend Yield: 5.53%
• Average Volume (3M): 687.00
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.29
• Revenue Growth: 14.05%
• EPS Growth: 38.21%
• Country: FR
• Employees: 6
• Sector: Real Estate
• Sector Strength: 70
• Industry: REIT - Retail
• EPS (TTM): 2.66
• Shares Outstanding: 15,972,458
• 10 Day Avg. Volume: 578
• 30 Day Avg. Volume: 687
• PEG Ratio: 0.10
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.83
• 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: €25.00
• Price Target Upside: 2.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: ―

Patrimoine et Commerce is a solid investment opportunity with strong financial performance driven by robust revenue and profitability growth. Its positive technical indicators and attractive valuation underscore its potential. However, maintaining cash flow stability and monitoring debt levels remain crucial for sustained growth.

Patrimoine et Commerce Business Overview & Revenue Model

Company Description

Patrimoine et Commerce SA, a real estate company, engages in the acquisition, development, and operation of commercial real estate properties in France. The company operates a portfolio of 31 real estate assets covering a total area of 129,280 square meters located in high-attraction areas in the suburbs or centers of medium-sized cities. Its property portfolio includes shopping malls, supermarkets, shops, and business parks. The company is based in Boulogne-Billancourt, France.

How the Company Makes Money

Patrimoine et Commerce generates revenue through rental income from its portfolio of retail properties. The company's primary revenue stream comes from leasing space to a diverse range of tenants, including national and international retail chains, local businesses, and service providers. By maintaining high occupancy rates and optimizing lease agreements, Patrimoine et Commerce ensures a steady flow of income. Additionally, the company may engage in property development and redevelopment projects to enhance the value of its assets, potentially leading to increased rental rates. Strategic partnerships with retailers and real estate developers also contribute to the company's growth and profitability.

Patrimoine et Commerce Financial Statement Overview

Summary

Patrimoine et Commerce exhibits a strong financial performance with robust revenue growth of 14.77%, high profitability margins, and a stable balance sheet. However, attention is needed on debt levels and free cash flow trends.

Income Statement

Patrimoine et Commerce has demonstrated a strong income statement profile with consistent revenue growth and solid profitability. The company achieved a revenue growth rate of 14.77% in the latest period, supported by a robust gross profit margin of 74.09% and a net profit margin of 57.95%. EBIT and EBITDA margins are also healthy, reflecting efficient operations. However, attention should be given to maintaining these growth rates in a competitive market.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.89, indicating manageable leverage levels. The equity ratio stands at 49.88%, showcasing a solid equity foundation. While return on equity is impressive at 8.56%, indicating effective use of shareholder capital, the company should monitor its total debt levels to mitigate potential risks.

Cash Flow

Cash flow analysis reveals a positive trajectory with a free cash flow growth rate of -21.63%, which requires attention despite strong operating cash flow to net income ratio of 0.78. The free cash flow to net income ratio is 0.42, suggesting sufficient cash generation to support operations and potential investments. Maintaining cash flow stability is crucial for future growth.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
70.67M	61.57M	57.65M	53.92M	54.97M
	Gross Profit
52.38M	46.66M	44.60M	40.81M	43.02M
	EBIT
43.76M	39.98M	37.98M	39.43M	27.23M
	EBITDA
43.86M	40.29M	38.10M	39.92M	28.08M
	Net Income Common Stockholders
40.97M	29.03M	47.81M	31.52M	17.79M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
18.88M	27.94M	55.21M	50.79M	66.36M
	Total Assets
959.11M	906.55M	920.64M	882.13M	902.94M
	Total Debt
426.26M	415.64M	430.73M	420.12M	453.55M
	Net Debt
407.38M	387.70M	375.52M	369.35M	387.23M
	Total Liabilities
469.58M	455.83M	476.60M	467.39M	503.69M
	Stockholders Equity
478.49M	439.25M	431.23M	400.17M	381.55M
Cash Flow		Free Cash Flow
17.14M	21.87M	-29.15M	20.07M	26.16M
	Operating Cash Flow
32.05M	41.08M	32.30M	36.08M	33.25M
	Investing Cash Flow
-28.60M	-17.66M	-22.23M	3.17M	-20.00K
	Financing Cash Flow
-12.57M	-50.68M	-5.60M	-54.62M	-5.22M

Patrimoine et Commerce Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 24.40
• 50DMA: Positive
• 100DMA: Positive
• 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:PAT, the sentiment is Neutral. The current price of 24.4 is above the 20-day moving average (MA) of 24.14, above the 50-day MA of 23.84, and above the 200-day MA of 21.53, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 47.46 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:PAT.

Patrimoine et Commerce Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PAT	77 Outperform	€385.77M	9.18		5.53%	14.05%	38.21%
Sector *	61 Neutral	$2.83B	10.89	0.41%	9.34%	5.96%	-21.31%
943		€947.07M	23.23	3.82%	6.16%	―	―
ORIA		€415.21M	12.76		2.09%	―	―
IMDA	75 Outperform	€361.75M	13.25		3.94%	-5.30%	―
SELER	69 Neutral	€341.74M	11.94		5.00%	-0.70%	116.98%
INEA	64 Neutral	€377.26M	―		7.76%	14.67%	-114.03%

Patrimoine et Commerce Corporate Events

Patrimoine & Commerce Releases 2024 Financial Report

Patrimoine & Commerce has announced the availability of its Universal Registration Document for the 2024 fiscal year, which includes the annual financial report, corporate governance report, auditors’ reports, and information on the share buyback program. This document provides stakeholders with comprehensive insights into the company’s financial health and strategic initiatives, supporting its growth in development and operating assets.