Realites SCA

Realites SCA

EEURONEXT:ALREA
0.40
EUR
-0.10
(-20.00%)
32.27MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
27.59
28.59
30.61
29.48
45.09
46.74
57.99
52.05
65.49
88.13
88.1
45.09
22.66
- -
Basic EPS, GAAP
0.66
0.49
0.71
1.06
1.37
1.49
2.65
1.56
1.84
2.71
0.6
- -
-45.82
- -
Free Cash Flow per Basic Share
-2.42
-1.4
-3.12
-2.69
2.24
-1.44
-13.48
-9.1
-6.95
-16
-20.86
- -
- -
- -
Dividend per Share
0.18
0.18
0.18
0.36
0.45
0.54
0.59
- -
0.43
1.59
- -
- -
- -
- -
Book Value per Share
5.96
8.51
9.06
9.69
10.99
11.63
20.12
21.22
22.33
26.12
26.72
-22.46
-74.54
-22.46
Tangible Book Value per Share
5.79
8.19
8.74
9.35
10.53
11.25
16.35
17.12
16.94
21.39
23.51
-22.46
-74.65
-22.46
Basic Weighted Avg Shares
2
2
3
3
3
3
3
4
4
4
5
5
5
5
Sales/Revenue/Turnover
56
70
87
84
129
134
165
205
286
350
402
216
108
- -
Operating Margin (%)
4.87
4.35
3.88
3.81
4.07
7.65
9.5
6.67
7.12
7.59
-4.6
-78.2
-140.64
- -
Depreciation Expense
- -
- -
- -
1
2
1
2
12
15
19
13
- -
19
- -
Net Income, GAAP
1
1
2
3
4
4
8
6
8
11
3
- -
-218
- -
Effective Tax Rate (%)
26.2
25.41
22.75
35.98
- -
16.89
18.36
14.05
10.41
20.81
- -
- -
- -
- -
Profit Margin (%)
2.39
1.7
2.32
3.59
3.03
3.19
4.57
3
2.81
3.07
0.68
- -
-202.23
- -
Working Capital
22
31
43
51
66
74
111
178
224
192
77
-112
-370
-112
LT Debt
16
15
21
23
31
37
87
162
268
254
186
85
39
85
Total Equity
19
28
32
43
53
53
76
103
110
144
181
-107
-350
-107
Return on Invested Capital (%)
3.15
2.92
3.11
2.46
- -
4.92
5.94
3.61
3.94
3.48
- -
- -
- -
- -
Return on Capital (%)
2.2
0.87
2.59
4.65
- -
1.24
5.32
1.65
1.41
1.78
- -
- -
- -
- -
Return on Common Equity (%)
8.55
5.95
8.07
11.28
13.23
13.2
16.66
8.72
9.39
10.18
2.19
- -
- -
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
188
240
- -
LT Borrowings
159
145
61
LT Finance Leases
28
26
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
84
32
9

Working Capital

EUR

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
730
799
671
Cash, Cash Equivalents & STI
47
29
- -
Accounts Receivable, Net
109
235
- -
Inventories
404
367
- -
Total Current Liabilities
653
743
782
Payables & Accruals
- -
- -
- -
ST Debt
188
240
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.04%
26.61%
228.63%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
8.1%
-3.92%
-50.18%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
402
2024
- -
- -
216
2025
- -
- -
108

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.6
2024
- -
- -
- -
2025
- -
- -
-45.82

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Yoann Choin-Joubert
Full Time Employees
190
Sector
Finance
Industry
Real estate development
Address
1 Impasse Claude Nougaro Saint-Herblain PL France 44800
IPO Date
May 12, 2014
Business
Réalités is a French real estate development company founded in 2003 and headquartered in Saint-Herblain, France. The company specializes in developing residential and commercial real estate projects including accommodations, managed residential complexes, offices, tertiary buildings, senior and student residences, leisure complexes, health and social service facilities, and mixed-use developments. It offers services in land subdivision, low-carbon construction, interior decoration, and usage management. Réalités operates primarily in France with a focus on creating sustainable, environmentally friendly territorial solutions through a use-driven approach that prioritizes long-term utility and community benefit. The company acts both as a project manager overseeing development projects and as a user manager operating service residences, placing itself as a mission-driven contractor balancing commercial objectives with public interest. Recent significant corporate changes over the last 1-2 years include a comprehensive restructuring completed in 2024 after three years of transformation, which involved asset divestitures, cessation of non-profitable activities, and a reorganization of the financial and information systems. Réalités adjusted its product mix to a 70% B2B and 30% B2C focus with competitive pricing and established a new commercial network through a partnership with ISIA. The governance structure has been streamlined and stabilized under new leadership. Additionally, the company has executed a strategic asset disposal plan including notable sales like the Hôtel Lincoln in Casablanca in mid-2025 and continues to manage a program of non-strategic asset sales to strengthen financial resilience. Réalités also maintains partnerships with stakeholders such as Action Logement Immobilier on development projects like the 'Docks' ZAC in Saint-Ouen, reflecting its collaborative approach to urban and territorial development. These initiatives position Réalités as an innovative developer driven by sustainability, user-centric design, and strategic adaptation to market conditions within the French real estate sector.