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Acanthe Développement

BATS-CHIXE:ACANP
Snowflake Description

Adequate balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ACANP
BATS-CHIXE
€59M
Market Cap
  1. Home
  2. GB
  3. Real Estate
Company description

ACANTHE DEVELOPPEMENT is an European and property company eligible for French SIIC (real estate investment company) tax status. The last earnings update was 184 days ago. More info.


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ACANP Share Price and Events
7 Day Returns
0%
BATS-CHIXE:ACANP
6.6%
GB REITs
6%
GB Market
1 Year Returns
-16.7%
BATS-CHIXE:ACANP
-20%
GB REITs
-22.7%
GB Market
ACANP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Acanthe Développement (ACANP) 0% 1.4% -3.7% -16.7% - 27.1%
GB REITs 6.6% -22.8% -28.8% -20% -16.1% -22%
GB Market 6% -20.3% -28.1% -22.7% -24.6% -22%
1 Year Return vs Industry and Market
  • ACANP outperformed the REITs industry which returned -20% over the past year.
  • ACANP outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -22.7% over the past year.
Price Volatility
ACANP
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Acanthe Développement undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Acanthe Développement to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Acanthe Développement.

BATS-CHIXE:ACANP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-06-30) in EUR € .009100
Payout Ratio Company Filings (2019-06-30) 25952.7%
Discount Rate (Cost of Equity) See below 5.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:ACANP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.46
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.46 (1 + (1- 33%) (66.17%))
0.642
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.8 * 6.07%)
5.39%

Discounted Cash Flow Calculation for BATS-CHIXE:ACANP using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Acanthe Développement is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BATS-CHIXE:ACANP Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €0.01 / (5.39% - 0.53%)
€0.07
BATS-CHIXE:ACANP Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:ACANP represents 1.10973x of ENXTPA:ACAN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.10973x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 0.06 x 1.10973
€0.07
Value per share (EUR) From above. €0.07
Current discount Discount to share price of €0.45
= -1 x (€0.45 - €0.07) / €0.07
-559.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Acanthe Développement is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Acanthe Développement's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Acanthe Développement's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:ACANP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.13
ENXTPA:ACAN Share Price ** ENXTPA (2020-03-06) in EUR €0.4
United Kingdom of Great Britain and Northern Ireland REITs Industry PE Ratio Median Figure of 38 Publicly-Listed REITs Companies 12.85x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 12.54x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Acanthe Développement.

BATS-CHIXE:ACANP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ACAN Share Price ÷ EPS (both in EUR)

= 0.4 ÷ 0.13

3.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acanthe Développement is good value based on earnings compared to the GB REITs industry average.
  • Acanthe Développement is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Acanthe Développement's expected growth come at a high price?
Raw Data
BATS-CHIXE:ACANP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland REITs Industry PEG Ratio Median Figure of 22 Publicly-Listed REITs Companies 0.65x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 531 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Acanthe Développement, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Acanthe Développement's assets?
Raw Data
BATS-CHIXE:ACANP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €0.96
ENXTPA:ACAN Share Price * ENXTPA (2020-03-06) in EUR €0.4
United Kingdom of Great Britain and Northern Ireland REITs Industry PB Ratio Median Figure of 53 Publicly-Listed REITs Companies 0.74x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.08x
BATS-CHIXE:ACANP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ACAN Share Price ÷ Book Value per Share (both in EUR)

= 0.4 ÷ 0.96

0.42x

* Primary Listing of Acanthe Développement.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acanthe Développement is good value based on assets compared to the GB REITs industry average.
X
Value checks
We assess Acanthe Développement's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Acanthe Développement has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Acanthe Développement expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acanthe Développement has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.2%
Expected REITs industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Acanthe Développement expected to grow at an attractive rate?
  • Unable to compare Acanthe Développement's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Acanthe Développement's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Acanthe Développement's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:ACANP Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland REITs Industry Earnings Growth Rate Market Cap Weighted Average 24.2%
United Kingdom of Great Britain and Northern Ireland REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:ACANP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:ACANP Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 5 -1 19
2019-03-31 5 -2 15
2018-12-31 5 -3 11
2018-09-30 5 1 6
2018-06-30 5 4 2
2018-03-31 5 2 5
2017-12-31 4 -1 9
2017-09-30 4 -18 10
2017-06-30 4 -35 10
2017-03-31 4 -27 25
2016-12-31 4 -18 40
2016-09-30 5 -9 51

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Acanthe Développement is high growth as no earnings estimate data is available.
  • Unable to determine if Acanthe Développement is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:ACANP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Acanthe Développement Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ACANP Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.13
2019-03-31 0.10
2018-12-31 0.07
2018-09-30 0.04
2018-06-30 0.01
2018-03-31 0.04
2017-12-31 0.06
2017-09-30 0.06
2017-06-30 0.07
2017-03-31 0.17
2016-12-31 0.27
2016-09-30 0.35

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Acanthe Développement will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Acanthe Développement is trading at Acanthe Développement'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Acanthe Développement's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Acanthe Développement's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Acanthe Développement has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Acanthe Développement performed over the past 5 years?

  • Acanthe Développement's last earnings update was 184 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Acanthe Développement's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Acanthe Développement's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Acanthe Développement's 1-year earnings growth exceeds its 5-year average (998.1% vs -5.1%)
  • Acanthe Développement's earnings growth has exceeded the GB REITs industry average in the past year (998.1% vs -21.6%).
Earnings and Revenue History
Acanthe Développement's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Acanthe Développement Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ACANP Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 5.31 18.78 3.74
2019-03-31 5.21 14.75 4.09
2018-12-31 5.12 10.73 4.44
2018-09-30 5.08 6.22 4.75
2018-06-30 5.05 1.71 5.06
2018-03-31 4.74 5.38 5.09
2017-12-31 4.43 9.05 5.12
2017-09-30 4.25 9.57 4.94
2017-06-30 4.07 10.08 4.77
2017-03-31 4.07 25.02 4.81
2016-12-31 4.08 39.96 4.85
2016-09-30 5.12 51.17 4.63
2016-06-30 6.17 62.38 4.41
2016-03-31 8.04 53.20 3.94
2015-12-31 9.91 44.03 3.47
2015-09-30 10.51 32.83 3.52
2015-06-30 11.12 21.62 3.57
2015-03-31 11.04 11.58 3.61
2014-12-31 10.95 1.53 3.65
2014-09-30 10.99 -2.77 3.40
2014-06-30 11.02 -7.06 3.15
2014-03-31 10.73 -5.94 3.30
2013-12-31 10.43 -4.81 3.44
2013-09-30 9.89 0.87 4.11
2013-06-30 9.34 6.55 4.78
2013-03-31 9.05 10.62 4.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Acanthe Développement has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Acanthe Développement used its assets more efficiently than the GB REITs industry average last year based on Return on Assets.
  • Acanthe Développement has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Acanthe Développement's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Acanthe Développement has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Acanthe Développement's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Acanthe Développement's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Acanthe Développement is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Acanthe Développement's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Acanthe Développement's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Acanthe Développement Company Filings, last reported 8 months ago.

BATS-CHIXE:ACANP Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 149.58 39.04 6.01
2019-03-31 149.58 39.04 6.01
2018-12-31 139.95 17.51 6.28
2018-09-30 139.95 17.51 6.28
2018-06-30 131.03 17.91 7.14
2018-03-31 131.03 17.91 7.14
2017-12-31 172.72 19.01 54.72
2017-09-30 172.72 19.01 54.72
2017-06-30 173.04 19.41 63.80
2017-03-31 173.04 19.41 63.80
2016-12-31 177.98 20.54 71.82
2016-09-30 177.98 20.54 71.82
2016-06-30 221.47 35.08 90.57
2016-03-31 221.47 35.08 90.57
2015-12-31 205.81 45.46 82.70
2015-09-30 205.81 45.46 82.70
2015-06-30 224.01 93.31 2.41
2015-03-31 224.01 93.31 2.41
2014-12-31 202.49 94.79 5.13
2014-09-30 202.49 94.79 5.13
2014-06-30 199.62 91.63 5.87
2014-03-31 199.62 91.63 5.87
2013-12-31 203.10 92.96 8.04
2013-09-30 203.10 92.96 8.04
2013-06-30 205.31 81.63 0.75
2013-03-31 205.31 81.63 0.75
  • Acanthe Développement's level of debt (26.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (45.9% vs 26.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 10.5x coverage).
X
Financial health checks
We assess Acanthe Développement's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Acanthe Développement has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Acanthe Développement's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.27%
Current annual income from Acanthe Développement dividends.
If you bought €2,000 of Acanthe Développement shares you are expected to receive €45 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Acanthe Développement's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.7%).
  • Acanthe Développement's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.3%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:ACANP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland REITs Industry Average Dividend Yield Market Cap Weighted Average of 48 Stocks 5.3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 630 Stocks 6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:ACANP Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-29 0.009 1.868
2017-04-27 0.400 59.063
2017-04-26 0.400 62.500
2016-04-29 0.240 40.739
2016-04-28 0.240 43.636
2015-09-25 0.540 115.299
2015-04-29 0.000 0.000
2015-04-24 0.000 0.000
2014-04-30 0.030 7.717
2013-04-30 0.060 12.932
2012-04-27 0.090 20.743
2011-08-31 0.470 74.948
2011-04-29 0.470 33.392
2011-04-28 0.470 27.359
2010-04-29 0.150 11.329
2010-03-01 0.150 10.787
2009-04-30 0.040 2.977

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Acanthe Développement's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Acanthe Développement's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Acanthe Développement afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Acanthe Développement has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Acanthe Développement's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ludovic Dauphin
COMPENSATION €0
TENURE AS CEO 1.4 years
CEO Bio

Mr. Ludovic Dauphin has been the Chief Executive Officer and Managing Director at Acanthe Développement since October 19, 2018. Mr. Dauphin serves as a Director of FIPP S.A. since December 21, 2018. He was Chief Executive Officer of Foncière 7 investissement Société Anonyme from December 1, 2018 to March 8, 2019.

CEO Compensation
  • Insufficient data for Ludovic to compare compensation growth.
  • Insufficient data for Ludovic to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Ludovic Dauphin

TITLE
Chief Executive Officer & Managing Director
TENURE
1.4 yrs

Florence Soucémarianadin

TITLE
Chief Financial Officer

Nicolas Boucheron

TITLE
Legal Director

Nicolas Bouchern

TITLE
Legal Director
Board of Directors Tenure

Average tenure of the Acanthe Développement board of directors in years:

4.9
Average Tenure
  • The tenure for the Acanthe Développement board of directors is about average.
Board of Directors

Alain Edgard Dumenil

TITLE
Chairman & Director General
AGE
70

Jean Fournier

TITLE
Independent Director
COMPENSATION
€10K
TENURE
4.9 yrs

Valerie Dumenil

TITLE
Director
COMPENSATION
€35K
TENURE
5.8 yrs

Melle Duménil

TITLE
Director
COMPENSATION
€35K
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Acanthe Développement's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Acanthe Développement has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

ACANTHE DEVELOPPEMENT is an European and property company eligible for French SIIC (real estate investment company) tax status. More than 94.99% of its properties are located in the privileged districts of Paris. ACANTHE DEVELOPPEMENT’s strategy is underpinned by rigorous management of exceptional assets and the search for the best names to ensure capital growth on its portfolio and to secure a return on its assets. ACANTHE DEVELOPPEMENT is listed in the C compartment of NYSE Euronext Paris and on the IEIF SIIC-REITS index.

Details
Name: Acanthe Développement
ACANP
Exchange: BATS-CHIXE
Founded:
€58,997,229
147,125,260
Website: http://www.acanthedeveloppement.fr
Address: Acanthe Développement
2 rue de Bassano,
Paris,
Ile-de-France, 75116,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ACAN Ordinary Shares Euronext Paris FR EUR 14. Sep 1992
DB ADX Ordinary Shares Deutsche Boerse AG DE EUR 14. Sep 1992
LSE 0DYL Ordinary Shares London Stock Exchange GB EUR 14. Sep 1992
BATS-CHIXE ACANP Ordinary Shares BATS 'Chi-X Europe' GB EUR 14. Sep 1992
Number of employees
Current staff
Staff numbers
22
Acanthe Développement employees.
Industry
Office REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 19:43
End of day share price update: 2020/03/06 00:00
Last earnings filing: 2019/09/27
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.