Fonciere Volta SA

Fonciere Volta SA

EEURONEXT:SPEL
8.75
EUR
+1.25
(+16.67%)
88.05MMarket 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
2.53
2.12
0.79
0.67
0.67
0.51
8.89
0.64
0.77
0.68
0.74
0.84
0.92
- -
Basic EPS, GAAP
0.63
0.33
0.32
0.22
0.25
0.2
3.81
1.02
0.4
0.22
-0.59
0.68
1.01
- -
Free Cash Flow per Basic Share
1.7
0.09
0.59
0.07
0.25
-0.7
6.11
-0.75
-0.19
-0.6
-0.5
0.6
0.64
- -
Dividend per Share
0.06
0.03
0.11
- -
- -
- -
1.35
- -
- -
0.54
- -
- -
- -
- -
Book Value per Share
7.96
7.82
7.34
6.97
7.13
7.01
10.94
11.48
12.01
11.89
11.44
12.08
13.09
13.09
Tangible Book Value per Share
7.96
7.82
7.34
6.97
7.13
7.01
10.94
11.48
12.01
11.89
11.44
12.08
13.09
13.09
Basic Weighted Avg Shares
8
9
10
11
11
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
21
19
8
7
7
6
101
7
8
7
8
9
10
- -
Operating Margin (%)
41.4
16.46
53.34
44.7
42.57
53.87
64.5
40.36
51.13
-41.25
53.33
64
23.15
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
-1
2
- -
Net Income, GAAP
5
3
3
2
3
2
43
11
4
2
-6
7
11
- -
Effective Tax Rate (%)
33.48
43.08
23.28
- -
- -
- -
17.27
13.94
26
36.31
- -
1.96
27.43
- -
Profit Margin (%)
24.99
15.62
40.59
32.79
37.4
39.35
42.78
157.98
51.33
31.76
-79.8
80.51
110.32
- -
Working Capital
25
25
12
-2
21
9
27
57
47
13
20
18
-27
-27
LT Debt
67
71
57
45
71
57
54
85
76
60
70
53
41
41
Total Equity
67
69
74
77
76
75
119
127
127
125
121
127
138
138
Return on Invested Capital (%)
5.15
2.31
2.7
- -
- -
- -
30.55
2.91
1.49
1.04
- -
2.95
5.86
- -
Return on Capital (%)
4.77
3.2
2.95
- -
- -
- -
17.3
6.03
2.88
1.99
- -
5.49
6.08
- -
Return on Common Equity (%)
8.23
4.3
4.54
3.21
3.54
2.91
43.44
9.04
3.31
1.81
-5.08
5.77
8.03
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
32
34
52
LT Borrowings
53
52
33
LT Finance Leases
- -
- -
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
199
185
88

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
65
57
42
Cash, Cash Equivalents & STI
8
12
12
Accounts Receivable, Net
5
4
4
Inventories
32
33
18
Total Current Liabilities
47
45
69
Payables & Accruals
- -
- -
- -
ST Debt
32
34
52
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.55%
1.82%
8.34%
Free Cash Flow
-136.9%
-18.79%
8.19%
Net Income, GAAP
103.93%
-129.49%
48.99%
Sales/Revenue/Turnover
155.05%
6.86%
8.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
8
2024
- -
- -
9
2025
- -
- -
10

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.59
2024
- -
- -
0.68
2025
- -
- -
1.01

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

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

Company Description

CEO
Laurent Diernaz
Full Time Employees
2
Sector
Finance
Industry
Real estate development
Address
3 avenue Hoche Paris IF France 75008
IPO Date
Jan 18, 1996
Business
Foncière Volta (SPEL.PA) is a France-based real estate investment company that acquires, constructs, holds and rents diversified properties in France and internationally. Its portfolio comprises apartment buildings, offices, and commercial premises including warehouses, retail stores and hotel properties; the company operates through majority stakes in subsidiaries such as SAS WGS, SCI Charonne, SCI Anatole, SARL J Hoche, SARL Jalmar, SARL Loc Guadeloupe, SCI Acajou, SCI Gourbeyre, SCI Paris 16, SCI Belvedere, SCI Louise Michel and SCI Kleber Cimarosa, with assets located primarily in Paris, the Paris region, French overseas departments like Guadeloupe and Martinique, Israel and other international markets. Incorporated in 1986 and headquartered at 3 Avenue Hoche, Paris, Foncière Volta targets residential, office, commercial and hospitality sectors, generating leasing revenues from long-term tenancies while employing a lean team of one to two full-time staff under CEO Laurent Diernaz and deputy CEOs Andre Saada and Herve Giaoui. In recent developments, the company reported full-year 2024 sales of EUR 9.72 million and net income of EUR 7.15 million, followed by half-year 2025 results showing revenue of EUR 5.45 million, net income of EUR 5.74 million boosted by a EUR 1.7 million one-off gain, and basic EPS of EUR 0.54, reflecting improved margins amid a historically volatile earnings profile.