Altarea SCA

Altarea SCA

72.50
EUR
-2.40
(-3.20%)
2.28BMarket 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
128.05
79.19
91.56
108.15
120.31
145.38
184.71
174.59
165.49
146.78
126.49
126.11
88.98
- -
Basic EPS, GAAP
12.62
9.18
8.37
11.69
20.41
15.58
14.07
-17.78
11.74
16.21
-22.57
0.28
0.37
- -
Free Cash Flow per Basic Share
10.05
16.56
6.29
9.4
12
11.92
20
24.31
10.92
9.3
15.15
18.63
1.17
- -
Dividend per Share
4.6
1.3
9.71
0.94
1.06
12.4
6.73
5.2
5.05
9.91
9.83
7.86
7.9
- -
Book Value per Share
96.53
97.02
95.55
106.52
117.84
123.6
126.49
100.08
111.32
117.81
84.83
77.4
70.38
64.63
Tangible Book Value per Share
76.59
78.03
79.87
89.57
101.86
104.21
106.94
81.28
94.77
100.74
66.9
60.99
55.55
49.83
Basic Weighted Avg Shares
12
12
13
14
16
16
17
17
18
20
21
21
23
23
Sales/Revenue/Turnover
1,484
986
1,186
1,552
1,904
2,354
3,069
3,022
2,983
2,959
2,650
2,710
2,019
- -
Operating Margin (%)
12.03
18.05
16.58
12.95
12.89
10.18
9.17
8.91
8.57
9.49
-5.97
7.66
9.01
- -
Depreciation Expense
53
5
5
11
11
13
33
35
48
31
126
47
34
- -
Net Income, GAAP
146
114
108
168
323
252
234
-308
212
327
-473
6
8
- -
Effective Tax Rate (%)
- -
- -
1.84
9.75
4.51
11.34
13.55
- -
5.03
13.86
- -
- -
- -
- -
Profit Margin (%)
9.85
11.59
9.14
10.81
16.96
10.72
7.62
-10.18
7.09
11.05
-17.84
0.23
0.42
- -
Working Capital
15
79
169
61
614
570
704
215
1,409
1,472
730
671
426
160
LT Debt
1,723
1,795
2,366
2,281
2,826
2,561
2,570
2,346
2,724
2,258
2,042
2,218
2,075
2,067
Total Equity
1,833
2,170
2,251
2,758
3,165
3,229
3,336
2,717
3,544
3,960
3,220
3,163
3,077
2,912
Return on Invested Capital (%)
- -
- -
6.59
6.73
7.26
2.49
1.33
- -
3.22
2.45
- -
- -
- -
- -
Return on Capital (%)
- -
- -
1.62
2.04
3.39
4.03
4.08
- -
3.17
3.89
- -
- -
- -
- -
Return on Common Equity (%)
13.44
9.52
8.74
11.77
18.32
12.92
11.28
-15.77
10.59
14.17
-22.94
0.35
0.5
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
298
505
627
LT Borrowings
2,097
1,972
1,973
LT Finance Leases
112
102
94
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
23
23
Market Capitalization
2,294
2,512
2,281

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
2,773
2,860
2,495
Cash, Cash Equivalents & STI
358
384
278
Accounts Receivable, Net
336
287
321
Inventories
986
908
911
Total Current Liabilities
2,293
2,434
2,335
Payables & Accruals
- -
- -
- -
ST Debt
298
505
627
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.31%
3.8%
-2.72%
Free Cash Flow
15.09%
-11.17%
-93.38%
Net Income, GAAP
-53.63%
-84.53%
37.7%
Sales/Revenue/Turnover
7.03%
-7.16%
-25.51%
Total Cash Common Dividend
108.48%
22.36%
6.04%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,710
2025
- -
- -
2,019
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.28
2025
- -
- -
0.37
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
7.86
2025
- -
- -
7.9
2026
- -
- -
- -

Company Description

CEO
Edward Rodolphe Paul Arkwright
Full Time Employees
1,655
Sector
Finance
Industry
Real estate development
Address
87 rue de Richelieu Paris IF France 75002
IPO Date
Jan 1, 2004
Business
Altarea SCA (ALTA.PA) is a French real estate company specializing in low-carbon urban transformation, operating as a developer, investor, and manager of commercial and residential properties. Founded in 1994 and headquartered in Paris, France, the company conducts activities across retail, residential, and business property segments, with operations primarily in France and subsidiaries in Spain and Italy. Its core offerings include regional shopping centers, retail parks, and convenience retail through the Retail segment; residential property development encompassing optimized two- and three-room apartments, social housing, and new-generation low-carbon homes through the Residential segment; and office buildings, logistics facilities, investor services, photovoltaics, and data centers through the Business Property segment; complemented by property management, external services, and asset management for third parties. The company targets urban stakeholders, first-time buyers, institutional investors, and corporate clients, delivering tailor-made real estate solutions aligned with EU Taxonomy sustainability standards, achieving 74.8% alignment as of September 2025. Recent developments include a partnership with Crédit Agricole Group for a 25/75 joint venture covering 125 MWp of photovoltaic infrastructure across over 700 solarized rooftops, securing a 500 MWp pipeline; accelerated edge data center projects, including a 7 MW IT facility in Vélizy and hyperscale AI-dedicated sites; acquisition of Prejeance Industrial for €140 million in 2024 to bolster logistics; divestiture of its stake in MRM SA to SCOR SE in 2024; and a residential production ramp-up with new orders up 14% to 6,113 units and revenue growth resuming at +3.6% in Q3 2025, supported by 8,826 building permits granted.