Carmila SA
XBER:CUX1

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Carmila SA
XBER:CUX1
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Price: 16.92 EUR Market Closed
Market Cap: €2.4B

EV/FCFF

16
Current
10%
More Expensive
vs 3-y average of 14.5

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16
=
Enterprise Value
€5B
/
Free Cash Flow to Firm
€304.5m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16
=
Enterprise Value
€5B
/
Free Cash Flow to Firm
€304.5m

Valuation Scenarios

Carmila SA is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (14.5), the stock would be worth €15.31 (9% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-9%
Maximum Upside
+12%
Average Downside
1%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 16 €16.92
0%
3-Year Average 14.5 €15.31
-9%
5-Year Average 15.3 €16.19
-4%
Industry Average 17.9 €18.87
+12%
Country Average 15.8 €16.71
-1%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close

Market Distribution

In line with most companies in France
Percentile
50th
Based on 1 359 companies
50th percentile
15.9
Low
0.9 — 10.4
Typical Range
10.4 — 25.1
High
25.1 —
Distribution Statistics
France
Min 0.9
30th Percentile 10.4
Median 15.8
70th Percentile 25.1
Max 2 752.4

Carmila SA
Glance View

Market Cap
2.4B EUR
Industry
Real Estate

Carmila SA, an innovative player in the real estate sector, specializes in the ownership and management of shopping centers that adjoin Carrefour hypermarkets across Europe. The company was born in 2014 from a strategic venture by Carrefour and institutional investors to rejuvenate and better integrate retail spaces in an era increasingly dominated by ecommerce. By focusing on enhancing the overall shopping experience, Carmila has bolstered its assets to become vibrant community hubs rather than just traditional shopping destinations. These centers are strategically positioned in densely populated regions, which caters to everyday consumer needs and maximizes foot traffic. Carmila generates its revenue primarily through leasing retail spaces within these shopping centers to a variety of tenants—from well-known global retail brands to local businesses, all ensuring a diverse mix of shopping and service offerings. By maintaining a close symbiotic relationship with Carrefour, Carmila's centers naturally benefit from the substantial consumer draw that accompanies a Carrefour hypermarket. Through this model, Carmila not only garners rental income but also enhances the value of its properties through multi-channel and omnichannel strategies, incorporating digital elements to bridge the online and physical shopping experiences. This approach not only keeps customer engagement high but also allows for dynamic adaptation to the rapidly changing retail landscape.

CUX1 Intrinsic Value
46.85 EUR
Undervaluation 64%
Intrinsic Value
Price €16.92
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