(LI) Klepierre - Overview
Sector: Real Estate | Industry: REIT - Retail | Exchange: PA (France) | Market Cap: 9.711m EUR | Total Return: 8.2% in 12m
Shopping Malls, Commercial Real Estate, Retail Spaces
Total Rating 43
Safety 60
Buy Signal -0.50
REIT - Retail
Industry Rotation: +4.5
Industry Rotation: +4.5
Market Cap:
11.3B
Avg Turnover: 14.9M
Avg Turnover: 14.9M
Risk 3d forecast
Volatility16.7%
VaR 5th Pctl2.96%
VaR vs Median7.41%
Reward TTM
Sharpe Ratio0.25
Rel. Str. IBD43.9
Rel. Str. Peer Group6.5
Character TTM
Beta0.015
Beta Downside-0.197
Hurst Exponent0.581
Drawdowns 3y
Max DD13.27%
CAGR/Max DD1.64
CAGR/Mean DD5.73
Warnings
Choppy
Tailwinds
No distinct edge detected
Description: LI Klepierre
Klépierre SA is a French Real Estate Investment Trust (SIIC) and the leading owner and operator of shopping malls in continental Europe. The company maintains a portfolio of large-scale retail centers across more than 10 countries, attracting over 720 million annual visitors. Its business model relies on high-density urban locations and a diverse tenant base to drive rental income and asset appreciation.
As a specialized Retail REIT, Klépierre operates under a tax-transparent structure that requires the distribution of a significant portion of taxable income to shareholders as dividends. The firm integrates Environmental, Social, and Governance (ESG) criteria into its operations, maintaining positions in several major ethical and sustainability indexes, including the MSCI Europe ESG Leaders and FTSE4Good.
Investors can evaluate the underlying valuation metrics and dividend sustainability of this REIT on ValueRay. Established in 2009 and headquartered in France, Klépierre is a constituent of the CAC Next 20 and EPRA Euro Zone indexes, reflecting its scale within the European property market.
- European consumer spending levels impact tenant sales and rental income growth
- Interest rate volatility affects debt refinancing costs and property valuation yields
- Occupancy rates in prime continental European shopping malls drive core revenue
- Retailer expansion strategies influence lease renewal terms and portfolio occupancy levels
- Dividend payout stability remains sensitive to French REIT regulatory compliance requirements
Piotroski VR‑10 (Strict)
4.0
| Net Income: 2.09b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.31 > 1.0 |
| NWC/Revenue: -15.38% < 20% (prev -53.71%; Δ 38.33% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.83b > Net Income 2.09b |
| Net Debt (7.96b) to EBITDA (2.93b): 2.72 < 3 |
| Current Ratio: 0.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (323.5m) vs 12m ago 13.01% < -2% |
| Gross Margin: 73.06% > 18% (prev 0.73%; Δ 7.23k% > 0.5%) |
| Asset Turnover: 15.62% > 50% (prev 12.98%; Δ 2.64% > 0%) |
| Interest Coverage Ratio: 15.57 > 6 (EBITDA TTM 2.93b / Interest Expense TTM 186.1m) |
Altman Z''
1.40
| A: -0.02 (Total Current Assets 1.11b - Total Current Liabilities 1.62b) / Total Assets 22.27b |
| B: 0.06 (Retained Earnings 1.30b / Total Assets 22.27b) |
| C: 0.14 (EBIT TTM 2.90b / Avg Total Assets 21.18b) |
| D: 0.42 (Book Value of Equity 4.54b / Total Liabilities 10.80b) |
| Altman-Z'' Score: 1.40 = BB |
Beneish M
-2.92
| DSRI: 0.89 (Receivables 336.8m/299.7m, Revenue 3.31b/2.61b) |
| GMI: 1.00 (GM 73.06% / 73.07%) |
| AQI: 1.00 (AQ_t 0.95 / AQ_t-1 0.95) |
| SGI: 1.27 (Revenue 3.31b / 2.61b) |
| TATA: 0.01 (NI 2.09b - CFO 1.83b) / TA 22.27b) |
| Beneish M-Score: -2.92 (Cap -4..+1) = A |
What is the price of LI shares?
As of May 20, 2026, the stock is trading at EUR 34.48 with a total of 425,959 shares traded.
Over the past week, the price has changed by -0.63%, over one month by -2.43%, over three months by +2.03% and over the past year by +8.15%.
Over the past week, the price has changed by -0.63%, over one month by -2.43%, over three months by +2.03% and over the past year by +8.15%.
Is LI a buy, sell or hold?
Klepierre has no consensus analysts rating.
What are the forecasts/targets for the LI price?
| Analysts Target Price | - | - |
Klepierre (LI) - Fundamental Data Overview
as of 16 May 2026
Market Cap USD = 11.29b (9.71b EUR * 1.1626 EUR.USD)P/E Trailing = 7.4714
P/E Forward = 12.3762
P/S = 5.5709
P/B = 1.0598
P/EG = 9.6715
Revenue TTM = 3.31b EUR
EBIT TTM = 2.90b EUR
EBITDA TTM = 2.93b EUR
Long Term Debt = 6.50b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.62b EUR (from shortTermDebt, last quarter)
Debt = 8.79b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.96b EUR (from netDebt column, last quarter)
Enterprise Value = 17.67b EUR (9.71b + Debt 8.79b - CCE 831.9m)
Interest Coverage Ratio = 15.57 (Ebit TTM 2.90b / Interest Expense TTM 186.1m)
EV/FCF = 13.70x (Enterprise Value 17.67b / FCF TTM 1.29b)
FCF Yield = 7.30% (FCF TTM 1.29b / Enterprise Value 17.67b)
FCF Margin = 39.00% (FCF TTM 1.29b / Revenue TTM 3.31b)
Net Margin = 63.13% (Net Income TTM 2.09b / Revenue TTM 3.31b)
Gross Margin = 73.06% ((Revenue TTM 3.31b - Cost of Revenue TTM 891.1m) / Revenue TTM)
Gross Margin QoQ = 70.46% (prev 77.03%)
Tobins Q-Ratio = 0.79 (Enterprise Value 17.67b / Total Assets 22.27b)
Interest Expense / Debt = 2.12% (Interest Expense 186.1m / Debt 8.79b)
Taxrate = 13.24% (109.8m / 828.8m)
NOPAT = 2.51b (EBIT 2.90b * (1 - 13.24%))
Current Ratio = 0.69 (Total Current Assets 1.11b / Total Current Liabilities 1.62b)
Debt / Equity = 0.94 (Debt 8.79b / totalStockholderEquity, last quarter 9.32b)
Debt / EBITDA = 2.72 (Net Debt 7.96b / EBITDA 2.93b)
Debt / FCF = 6.17 (Net Debt 7.96b / FCF TTM 1.29b)
Total Stockholder Equity = 8.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.86% (Net Income 2.09b / Total Assets 22.27b)
RoE = 24.13% (Net Income TTM 2.09b / Total Stockholder Equity 8.65b)
RoCE = 19.12% (EBIT 2.90b / Capital Employed (Equity 8.65b + L.T.Debt 6.50b))
RoIC = 15.05% (NOPAT 2.51b / Invested Capital 16.70b)
WACC = 4.04% (E(9.71b)/V(18.50b) * Re(6.04%) + D(8.79b)/V(18.50b) * Rd(2.12%) * (1-Tc(0.13)))
Discount Rate = 6.04% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 55.56 | Cagr: 5.64%
[DCF] Terminal Value 87.59% ; FCFF base≈1.21b ; Y1≈1.39b ; Y5≈1.94b
[DCF] Fair Price = 170.7 (EV 56.83b - Net Debt 7.96b = Equity 48.87b / Shares 286.3m; r=6.0% [WACC]; 5y FCF grow 17.09% → 3.0% )
EPS Correlation: 54.11 | EPS CAGR: 111.7% | SUE: N/A | # QB: 0
Revenue Correlation: 51.00 | Revenue CAGR: 53.30% | SUE: 1.58 | # QB: 1
EPS current Year (2026-12-31): EPS=2.79 | Chg30d=+0.14% | Revisions=+11% | GrowthEPS=+2.8% | GrowthRev=+4.6%
EPS next Year (2027-12-31): EPS=2.86 | Chg30d=+0.44% | Revisions=+40% | GrowthEPS=+2.3% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: +40%