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Carmila S.A. (CARM.PA)

EUR16.52 -0.04 (-0.24%)
FR PAR Real Estate REIT - Retail
Address 58, avenue Émile-Zola 92100
Paris, FR
CEO Marie Cheval
IPO 2011-04-26
ISIN FR0010828137

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Description

Carmila, a collaborative venture between Carrefour and prominent institutional investors, holds the distinction of being Continental Europe's third-largest publicly traded shopping center company. Its core objective is to revitalize and improve retail complexes situated next to Carrefour hypermarkets throughout France, Spain, and Italy. As of June 30, 2020, Carmila managed an extensive portfolio of 215 retail properties, each a leading destination within its local market, collectively valued at €6.2 billion. With a fundamental dedication to local community integration, Carmila aims to streamline and enhance the daily lives of both merchants and customers in the areas it serves. The organization operates with a strong commercial mindset, and its expert teams deploy a wide array of skills—including operational management, center administration, marketing (both traditional and local digital), new business development, and corporate social responsibility—to maximize the attractiveness of its assets. Carmila is listed on Euronext-Paris (Compartment A) under the ticker CARM, benefiting from the favorable tax framework for listed real estate investment companies (SIIC) in France. The company joined the FTSE EPRA/NAREIT Global Real Estate (EMEA Region) indices on September 18, 2017, and subsequently became part of the Euronext CAC Small, CAC Mid Small, and CAC All-tradable indices on September 24, 2018.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR16.52 -0.04 (-0.24%)
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Volume Profile
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Liquidity & share structure
Average Volume
166.1K
Beta
0.68
Float Shares
83.53M
Free Float %
60.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.85% +4.38% -1.77% -9.94% -2.57% -1.88% -10.61% +20.00% +25.04% -33.33% -76.59%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
16.52
DCF (Unlevered) 48.74 +195.0%
DCF (Levered) 47.49 +187.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 71% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 5 +1
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.25
Distress
Piotroski F-Score
7 / 9
Strong
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    +13.3% Q4'25: +17.4% (vs Q4'23)
  • EPS growth
    -40.3% Q4'25: +295.7% (vs Q4'23)
  • FCF margin
    Q4'25: +39.9% (vs Q4'23)
  • EBIT margin
    Q4'25: +52.7% (vs Q4'23)
  • ROIC
    Q4'25: +8.1% (vs Q4'23)
  • Share dilution
    -1.1% Q4'25: -1.9% (vs Q4'23)
  • Debt / EBITDA
    8.14× Q4'25: 4.78× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.69) × ERP
WACC = 46% × Ke + 54% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 48.74 Current price: 16.52
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 1999
actual
Dec 2000
actual
Dec 2001
actual
Dec 2002
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
4 EPS Ana.
Dec 2027
5 Rev. Ana.
4 EPS Ana.
Dec 2028
3 Rev. Ana.
1 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
Revenue
18.99M
est.
36.80M
est.
37.01M
est.
29.74M
est.
316.77M
est: 289.95M (+9.2%)
423.53M
est: 336.26M (+26.0%)
452.15M
est: 356.59M (+26.8%)
439.95M
est: 358.57M (+22.7%)
444.34M
est: 346.84M (+28.1%)
472.69M
est: 370.15M (+27.7%)
486.12M
est: 481.43M (+1.0%)
506.94M
est: 402.56M (+25.9%)
574.35M
est: 457.22M (+25.6%)
451.62M
423.12M – 546.57M
-1.2% YoY
467.98M
438.41M – 569.32M
+3.6% YoY
457.98M
451.72M – 464.24M
-2.1% YoY
494.13M
462.93M – 599.60M
+7.9% YoY
504.26M
472.43M – 611.90M
+2.1% YoY
EBITDA
11.79M
est.
3.49M
est.
-502.8K
est.
-2.57M
est.
233.30M
est: -25.80M (+1,004.4%)
265.58M
est: 208.67M (+27.3%)
280.00M
est: 190.26M (+47.2%)
216.60M
est: 76.96M (+181.4%)
237.28M
est: 88.99M (+166.6%)
289.70M
est: 88.32M (+228.0%)
298.01M
est: 307.45M (-3.1%)
431.23M
est: 252.97M (+70.5%)
334.60M
est: 292.00M (+14.6%)
288.42M
270.22M – 349.05M
-1.2% YoY
298.86M
279.98M – 363.58M
+3.6% YoY
292.48M
288.48M – 296.48M
-2.1% YoY
315.56M
295.64M – 382.92M
+7.9% YoY
322.04M
301.70M – 390.77M
+2.1% YoY
EBIT
11.67M
est.
3.10M
est.
-1.51M
est.
-3.78M
est.
232.32M
est: -37.89M (+713.2%)
est: 206.68M (-100.0%)
278.19M
est: 297.60M (-6.5%)
214.66M
est: 176.71M (+21.5%)
235.78M
est: 204.32M (+15.4%)
288.71M
est: 202.79M (+42.4%)
292.14M
est: 304.77M (-4.1%)
427.31M
est: 250.77M (+70.4%)
331.83M
est: 289.45M (+14.6%)
285.90M
267.86M – 346.01M
-1.2% YoY
296.26M
277.54M – 360.41M
+3.6% YoY
289.93M
285.96M – 293.89M
-2.1% YoY
312.81M
293.06M – 379.58M
+7.9% YoY
319.23M
299.07M – 387.37M
+2.1% YoY
Net Income
1.87B
est.
2.33M
est.
-1.51M
est.
-4.34M
est.
313.79M
est: -43.53M (+820.8%)
163.56M
est: 357.82M (-54.3%)
108.21M
est: 176.84M (-38.8%)
-198.76M
est: 99.70M (-299.3%)
192.12M
est: 115.28M (+66.7%)
219.33M
est: 97.57M (+124.8%)
2.78M
est: 52.41M (-94.7%)
313.84M
est: 237.98M (+31.9%)
185.47M
est: 252.85M (-26.6%)
261.15M
259.43M – 262.87M
+3.3% YoY
272.73M
267.61M – 277.85M
+4.4% YoY
346.27M
259.10M – 360.59M
+27.0% YoY
288.98M
265.26M – 369.17M
-16.5% YoY
— – —
-100.0% YoY
SGA
1.46M
est.
24.42M
est.
20.62M
est.
25.23M
est.
57.94M
est: 253.13M (-77.1%)
61.80M
est: 21.77M (+183.9%)
64.72M
est: 21.89M (+195.7%)
61.47M
est: 13.51M (+354.8%)
66.59M
est: 15.63M (+326.2%)
71.15M
est: 15.51M (+358.8%)
-12.54M
est: 23.64M (-153.1%)
-14.75M
est: 19.45M (-175.8%)
est: 22.45M (-100.0%)
22.17M
20.78M – 26.84M
-1.2% YoY
22.98M
21.53M – 27.95M
+3.6% YoY
22.49M
22.18M – 22.79M
-2.1% YoY
24.26M
22.73M – 29.44M
+7.9% YoY
24.76M
23.20M – 30.04M
+2.1% YoY
EPS
13.17
est.
13.23
est.
-15.68
est.
-13.44
est.
2.63
est: 1.17 (+124.1%)
1.21
est: 1.27 (-4.7%)
0.79
est: 1.42 (-44.3%)
-1.42
est: 1.07 (-232.3%)
1.33
est: 1.03 (+29.5%)
1.52
est: 1.33 (+14.6%)
0.02
est: 0.37 (-94.7%)
2.21
est: 1.54 (+43.1%)
1.32
est: 1.80 (-26.5%)
1.86
1.85 – 1.87
+3.7% YoY
1.93
1.91 – 1.98
+3.8% YoY
2.01
1.85 – 2.57
+4.0% YoY
2.06
1.89 – 2.63
+2.4% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-28 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-27 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-26 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-25 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-22 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-21 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-20 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-19 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-18 A- 4/5 5/5 3/5 4/5 3/5 2/5 4/5
2026-05-15 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-13 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-12 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-06 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-05 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-04 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-30 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-27 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-24 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-23 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-22 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-21 A- 4/5 5/5 3/5 5/5 1/5 3/5 4/5
2026-04-20 A- 4/5 5/5 3/5 5/5 1/5 3/5 4/5
2026-04-17 A- 4/5 5/5 3/5 5/5 1/5 3/5 4/5
2026-04-16 A- 4/5 5/5 3/5 5/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
584.56M
OE per share TTM
4.14
Owner's Yield
25.11%
Maintenance CapEx ratio
1.18%
Maint CapEx / Avg PPE
1.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 80 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.28M
Shares Outstanding
138.96M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Marie Cheval Chairman & Chief Executive Officer 1M female
Sebastien Vanhoove Deputy Chief Executive Officer 384.7K male
Elodie Arcayna Communications & CSR Director female
Frederic Despres Chief Operating Officer & Director of Retail Development male
Jonathan Kirk Head of Investor Relations male
Aurelie Bruniaux Director of Human Resources female
Marine HURPIN Chief Operating Officer of France female
Pierre-Yves Thirion Chief Financial Officer male
Sancdrine Mercier Marketing, Network, Digital & Innovation Director female
Alberto Rodriguez Managing Director of Carmila Spain male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits