Last Price | 4.30 | Max Price | 7.06 |
Min Price | 3.93 | 1 Year return | -91.12 |
Avg. Target | 6.50 | Expected Return | 51.16 % |
Sector | Financials | Subsector | Real Estate |
Sell | 0 | Rating | |
Hold | 1 | Concensus | |
Buy | 1 | ||
Annual report 2018 |
ATENOR GROUP is a property development company listed on the Euronext Brussels continuous market and is included in the Next Prime index. In this regard, ATENOR GROUP invests in large-scale real estate projects whose development extends over a three-to-five-year period, with their sale enabling it to generate annual incomes. The value thus created is invested in new projects.
Atenor is a real estate development company which is listed on NYSE Euronext Brussels. The Company's mission is to offer appropriate answers to needs formed by the constant changes in urban and professional life from side to side its urban development and architectural approach which focuses on mobility, environment respect, urban densification and safety. Atenor group is benefiting from an honoured relationship with public powers and the company carries out a policy of helpful & productive conversation with the authorities and local administrations. In this same spirit, the company makes some investments in large scale real estate projects which meet very strict requirements in terms of location, usage, diversification, technical superiority, economic competence, and above all sustainable development.
Atenor group has been active for over 20 years in the real estate development sector with its constant successes and familiarity of the requirements of the rising markets. Recently over the years, the company has refocused its actions & conducts on real estate development without help. The record-breaking results accomplished over the latest financial phases have confirmed the value of this strategic selection, knowledge and competence of the group. However, there are multiple changes in the real estate market and Atenor group changes its focus and demonstrate its interest in the residential and commercial markets, therefore intensifying its field of competences. This knowledge based on the expansion of large scale, mixed use, real estate complexes has resulted to be very relevant. From a geographical perspective since 2007, the Atenor group has also marked its strong presence in Central Europe, where Romania and Hungary were its special preferences. As a conscientious real estate developer, Atenor group propose to contribute to saving this planet. Apart from the principles and legislation in force, the company offers real estate projects which fall under a constant advancement of sustainable development, use of environmentally friendly materials, natural energy which is related to decrease in the operating costs and amplified comfort for the users.
The Company is enthusiastic to offer answers to the problems occurring from urban development. The company is well integrated into the urban structure, it prompts a sociological variety and chains inter-generational contact which makes it promising to reduce intra-urban travel and to make sure a dynamics for the city beyond office hours. For Atenor Group, public space is a primary constituent of urban dynamics which is indeed an important link between private life and public life. Which is essential and incontrovertible link that put into the success of the renewal of a region. The company architectural quality styles an urban landscape and encourages people to value their city, to live there, to work there and to stay there. The role of the property developer subsequently consists of highlighting this planning in order to furnish the city with this necessary aesthetic attraction. Atenor group is thoughtful about its financial stability and future growth. The shareholders who invest in the property development sector gets a diversification of risk, with a precise approach to business and access to major projects. The company offers them a regular return on capital while making sure about the growth & the constant renewal of the portfolio with new projects.
Year | Turnover | Total sector | Market share |
---|---|---|---|
2019 | 107 | 301,228 | 0.04 % |
2020 | 132 | 290,346 | 0.05 % |
2021 | 174 | 322,818 | 0.05 % |
2022 | 41 | 341,855 | 0.01 % |
2023 | 0 | 0 | 0.00 % |
Analysts estimate for 2023 rising sales Atenor, quite high dividend
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
The period between December 2015 and December 2016 was a bad period for the investors. The stock lost almost 1 percent. Over the period from December 2011 till December 2016 the stock rose on average 85 percent. Atenor's revenues between 2011 and 2015 were quite unstable and moved between 45,94 million euros and 116,75 million euros. Atenor's net results between 2011 and 2015 were very fluctuating and moved between 11,18 million euros and 19,96 million euros.
Atenor's head office is based in Hulpe. The company mostly operates in the real estate sector. Between 2006 and 2016 the global real estate companies gained around 8 percent. Measured since 2011 the sector is 20 percent higher and over the past 12 months (December 2015-2016) there is a minus of 8 percent.
Atenor paid out dividends in the past 5 years. Atenor's dividend return over the period 2011 - 2015 was around 8,46 percent per year.
At the end of 2015 the real estate company's balance sheet was worth 552,21 million euros. Of the total balance sheet 425,41 million euros (77,04 percent) was financed by debt. Last year the real estate company's price/earnings-ratio (PE) was around 14. So the investors valued the stock at 14 times 2015' earnings per share. Many analysts say that based on her price/earnings-ratio and dividend yield the Belgian stock can be seen as a value stock.
The real estate company's market capitalization (the number of shares outstanding times the market value) equaled around 260,44 million euros. At the end of 2015 around 5,63 million stocks were listed.
All Atenor's annual reports can be found here. More information about Atenor can be found it's website. .
Results |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Revenue |
117
|
157
|
220
|
100
|
107
|
132
|
Costs |
97
|
136
|
198
|
65
|
69
|
108
|
Profit |
20
|
20
|
22
|
35
|
38
|
24
|
Margin of profit |
17.10
|
12.99
|
10.06
|
35.26
|
35.24
|
18.28
|
ROI |
15.74
|
14.91
|
15.12
|
21.02
|
20.50
|
9.33
|
Balance |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Equity |
127
|
137
|
147
|
167
|
184
|
259
|
Debt |
425
|
549
|
446
|
503
|
654
|
800
|
Total assets |
552
|
686
|
593
|
671
|
838
|
1,058
|
Solvency |
22.96
|
19.92
|
24.73
|
24.95
|
21.99
|
24.43
|
Cash |
23
|
145
|
48
|
110
|
50
|
68
|
Cashflow |
-103
|
62
|
0
|
-61
|
-139
|
-105
|
Employees |
25
|
26
|
28
|
28
|
0
|
|
Revenue per employee |
4.67
|
6.03
|
7.87
|
3.56
|
0.0
|
|
Cashflow / Debt |
-0.24
|
0.11
|
0.0
|
-0.12
|
-0.21
|
-0.13
|
Details |
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|
Price |
45.07
|
43.64
|
45.07
|
48.91
|
69.24
|
Eps |
3.47
|
3.90
|
6.21
|
6.79
|
4.00
|
Price/earnings-ratio |
12.99
|
11.19
|
7.26
|
7.20
|
1.07
|
Dividend |
1.37
|
1.40
|
1.48
|
1.55
|
1.69
|
Dividend % |
3.04 %
|
3.21 %
|
3.28 %
|
3.17 %
|
39.30 %
|
Payout % |
0.39
|
0.36
|
0.24
|
0.23
|
0.42
|
Book value |
24.02
|
25.90
|
29.72
|
33.23
|
38.45
|
Market to book |
0.53
|
0.59
|
0.66
|
0.68
|
8.94
|
Cashflow per stock |
10.87
|
0.06
|
-10.87
|
-25.00
|
-15.62
|
Stocks |
6
|
6
|
6
|
6
|
7
|
Market Cap |
256.44
|
247.22
|
253.76
|
271.22
|
28.92
|
Date
|
Price
|
---|---|
13 Nov 2024
|
4.30
|
08 Nov 2024
|
4.30
|
05 Nov 2024
|
4.35
|
31 Oct 2024
|
4.33
|
29 Oct 2024
|
4.39
|
23 Oct 2024
|
3.93
|
19 Oct 2024
|
4.30
|
16 Oct 2024
|
4.56
|
14 Oct 2024
|
4.87
|
05 Oct 2024
|
5.01
|
02 Oct 2024
|
5.14
|
27 Sep 2024
|
5.14
|
20 Sep 2024
|
5.30
|
17 Sep 2024
|
5.35
|
13 Sep 2024
|
5.45
|
28 Aug 2024
|
5.41
|
26 Aug 2024
|
5.39
|
23 Aug 2024
|
5.39
|
11 Aug 2024
|
5.41
|
07 Aug 2024
|
5.53
|
05 Aug 2024
|
5.51
|
01 Aug 2024
|
5.70
|
30 Jul 2024
|
5.79
|
26 Jul 2024
|
5.67
|
23 Jul 2024
|
5.65
|
16 Jul 2024
|
5.85
|
10 Jul 2024
|
5.98
|
09 Jul 2024
|
5.85
|
04 Jul 2024
|
5.97
|
02 Jul 2024
|
5.97
|