(CARM) Carmila - Ratings and Ratios

Carmila SA, listed on Euronext Paris under the ticker symbol CARM, is a prominent player in the European commercial property sector, specializing in shopping centers adjacent to Carrefour hypermarkets. As the third-largest listed owner of commercial property in Europe, the company has a significant presence in France, Spain, and Italy, with a portfolio valued at €6.7 billion as of December 2024, comprising 251 shopping centers. Carmilas business model is designed to enhance the value of its properties, leveraging its strategic partnerships with major retailers like Carrefour.

The companys listing on Euronext Paris Compartment A and its membership in the SBF120 index since June 2022 underscore its market significance. Carmila benefits from the French real estate investment trusts (SIIC) tax regime, which provides a favorable regulatory environment for its operations. With a strong focus on optimizing its portfolio, Carmila is poised to capitalize on trends in the retail and real estate sectors.

Analyzing Carmilas technical data, we observe that the stock is currently trading at €16.98, below its 20-day and 50-day simple moving averages (SMA20: €17.85, SMA50: €17.27), indicating a potential short-term bearish trend. However, the stock is above its 200-day moving average (SMA200: €16.24), suggesting a longer-term bullish outlook. The Average True Range (ATR) of 0.40, equivalent to 2.37%, indicates moderate volatility.

From a fundamental perspective, Carmilas market capitalization stands at €2626.43 million, with a price-to-earnings (P/E) ratio of 8.44 and a forward P/E of 10.54. The companys return on equity (RoE) is 9.55%, indicating a relatively healthy profitability. Considering these metrics, we can forecast that Carmilas stock may experience a moderate increase in the coming months, driven by its stable cash flows from rental income and potential growth in its portfolio value.

Based on the technical and fundamental data, our forecast suggests that Carmilas stock price may rise to €18.20 in the next quarter, representing a 7.5% increase from its current price. This projection is grounded in the companys solid fundamentals, favorable tax regime, and the overall growth prospects of the European commercial property market. However, it is essential to monitor market trends and adjust the forecast accordingly to ensure its accuracy.