Klepierre (ex Compagnie Fonciere Klepierre) (LI) AI Stock Analysis

• Market Cap: €9.10B
• Dividend Yield: 5.65%
• Average Volume (3M): 576.37K
• Price to Earnings (P/E): 8.4
• Beta (1Y): 0.46
• Revenue Growth: 5.89%
• EPS Growth: 469.38%
• Country: FR
• Employees: 1,056
• Sector: Real Estate
• Sector Strength: 56
• Industry: REIT - Retail
• EPS (TTM): 1.35
• Shares Outstanding: 286,861,180
• 10 Day Avg. Volume: 615,079
• 30 Day Avg. Volume: 576,365
• PEG Ratio: 0.14
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.55
• 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: €35.00
• Price Target Upside: 7.56% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 76 Outperform
• Price Target: €38.00 ▲(16.78%Upside)

Klepierre's overall stock score is driven by its strong financial performance and attractive valuation. Profitability and cash management are robust, supporting its stable operations. The technical analysis indicates positive market momentum, further enhancing the stock's outlook. The absence of earnings call data and corporate events does not detract from its strong standing.

Klepierre (ex Compagnie Fonciere Klepierre) Business Overview & Revenue Model

Company Description

Klepierre is a leading European real estate investment trust (REIT) specializing in shopping center properties. The company manages a portfolio of high-quality retail assets, predominantly located in major metropolitan areas across Europe. Klepierre focuses on acquiring, developing, and managing shopping centers, providing a platform for retailers to reach a broad consumer base. Its comprehensive services include property management, leasing, and redevelopment, aimed at enhancing the shopping experience and driving foot traffic.

How the Company Makes Money

Klepierre generates revenue primarily through the leasing of retail spaces in its shopping centers. The company's primary source of income is rental income from tenants, which includes a mix of fixed base rents and variable rents linked to tenant sales performance. Additionally, Klepierre earns revenue from service charges and management fees, which are collected for maintaining and operating the shopping centers. Strategic partnerships with retailers and brands enhance its property offerings and tenant mix, contributing to higher occupancy rates and rental yields. The company also focuses on property development and redevelopment projects, which can add value to its portfolio and generate additional income streams through increased rental income from upgraded properties.

Klepierre (ex Compagnie Fonciere Klepierre) Financial Statement Overview

Summary

Klepierre exhibits strong profitability with impressive margins and effective cash flow management. The balance sheet is stable with a balanced leverage position and strong returns on equity. Although revenue growth is modest, profitability metrics indicate well-managed operations.

Income Statement

Klepierre shows strong profitability with impressive gross profit and net profit margins at 75.4% and 73.0% respectively for 2024. The company has demonstrated significant EBIT and EBITDA margins of 102.1% and 113.5%. Revenue growth from 2023 to 2024 is modest at 0.44%, indicating stable operations. However, the high EBIT and EBITDA margins may suggest aggressive cost management or non-recurring items, which should be monitored for sustainability.

Balance Sheet

Klepierre maintains a solid balance sheet with a debt-to-equity ratio of 0.93, indicating a balanced leverage position. The return on equity is strong at 12.8%, showing effective utilization of shareholder funds. The equity ratio stands at 41.0%, reflecting a stable capital structure. While debt is significant, it is well-managed relative to equity.

Cash Flow

The company's free cash flow growth is solid at 4.5% from 2023 to 2024, indicating effective cash generation. The operating cash flow to net income ratio of 0.88 suggests high-quality earnings. Free cash flow to net income ratio is also strong at 0.71, highlighting efficient cash conversion despite moderate revenue growth. The cash flow position is healthy, supporting ongoing operations and potential growth opportunities.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.50B	1.50B	1.51B	1.32B	1.39B
Gross Profit	1.13B	1.09B	1.10B	935.90M	915.30M
EBITDA	1.71B	960.80M	954.40M	900.20M	797.40M
Net Income	1.10B	192.70M	415.20M	544.70M	-785.70M
Balance Sheet
Total Assets	20.97B	20.09B	20.55B	21.78B	22.88B
Cash, Cash Equivalents and Short-Term Investments	400.80M	358.70M	281.60M	640.00M	462.10M
Total Debt	7.98B	7.89B	7.93B	9.05B	9.93B
Total Liabilities	10.32B	10.07B	10.09B	11.19B	12.45B
Stockholders Equity	8.60B	8.02B	8.36B	8.40B	8.18B
Cash Flow
Free Cash Flow	774.70M	741.60M	638.90M	610.20M	460.40M
Operating Cash Flow	965.00M	933.80M	826.10M	778.50M	668.10M
Investing Cash Flow	-275.60M	-100.00M	352.30M	651.20M	-63.90M
Financing Cash Flow	-646.30M	-807.80M	-1.52B	-1.25B	-606.00M

Klepierre (ex Compagnie Fonciere Klepierre) Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 32.54
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:LI, the sentiment is Neutral. The current price of 32.54 is below the 20-day moving average (MA) of 32.59, below the 50-day MA of 32.55, and above the 200-day MA of 29.00, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of -7.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:LI.

Klepierre (ex Compagnie Fonciere Klepierre) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LI	76 Outperform	€9.10B	8.41	13.21%	5.65%	5.89%	469.38%
CARM	74 Outperform	€2.35B	7.55		7.46%	9.85%	12653.45%
FREY	72 Outperform	€927.74M	22.91	3.82%	6.60%	29.08%	76.20%
MERY	71 Outperform	€1.00B	18.67	8.22%	9.31%	-4.35%	0.63%
Sector *	64 Neutral	€2.49B	17.46	3.70%	5.53%	3.41%	14.14%
URW	62 Neutral	€11.50B	76.62		4.36%	6.37%	―
COV	62 Neutral	€5.77B	81.24	0.84%	5.87%	3.97%	―