LI Stock Analysis: Klepierre | PA
REIT - Retail | PA, France | Market Cap: 11.345m EUR | 12M Return: 21.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.2M
Warnings
No concerns identified
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Klépierre SA is a French real estate investment trust (SIIC) and the leading operator of shopping malls in continental Europe. The company owns a portfolio of large shopping centers located in more than 10 countries, which together attract over 720 million visitors per year. Its shares trade on Euronext Paris under the ticker LI, and the company is a constituent of the CAC Next 20 and the EPRA Euro Zone Index. Klépierre was incorporated in France in November 2009.
As a retail REIT, Kllépierres primary business model is to own and lease retail space in shopping centers, generating rental income from a large base of tenants. The company is also included in several ESG-focused indices, such as MSCI Europe ESG Leaders and FTSE4Good, reflecting its stated commitments to sustainable development and climate-related initiatives.
- European consumer spending recovery boosts mall footfall and tenant sales
- ECB rate cuts support portfolio valuations and lower financing costs
- E-commerce shift pressures physical retail occupancy and rental income
| Net Income: 1.37b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.77 > 1.0 |
| NWC/Revenue: -93.15% < 20% (prev -116.9%; Δ 23.79% < -1%) |
| CFO/TA 0.04 > 3% & CFO 921.1m > Net Income 1.37b |
| Net Debt (8.02b) to EBITDA (2.22b): 3.62 < 3 |
| Current Ratio: 0.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (286.4m) vs 12m ago -0.12% < -2% |
| Gross Margin: 73.06% > 18% (prev 74.20%; Δ -1.14% > 0.5%) |
| Asset Turnover: 9.49% > 50% (prev 5.72%; Δ 3.78% > 0%) |
| Interest Coverage Ratio: 7.67 > 6 (EBIT TTM 2.19b / Interest Expense TTM 286.3m) |
| A: -0.09 (Total Current Assets 849.7m - Total Current Liabilities 2.80b) / Total Assets 22.3b |
| B: 0.18 (Retained Earnings 4.04b / Total Assets 22.3b) |
| C: 0.10 (EBIT TTM 2.19b / Avg Total Assets 22.1b) |
| D: 0.89 (Book Value of Equity 9.47b / Total Liabilities 10.7b) |
| Altman-Z'' = 1.61 = BB |
| DSRI: 0.47 (Receivables 112.8m/142.4m, Revenue 2.10b/1.25b) |
| GMI: 1.02 (GM 74.20% / 73.06%) |
| AQI: 0.96 (AQ_t 0.08 / AQ_t-1 0.08) |
| SGI: 1.68 (Revenue 2.10b / 1.25b) |
| TATA: 0.02 (NI 1.37b - CFO 921.1m) / TA 22.3b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of August 05, 2026, the stock is trading at EUR 39.60 with a total of 526,733 shares traded. Over the past week, the price has changed by +1.28%, over one month by +11.11%, over three months by +19.37% and over the past year by +21.42%.
Current recommended Stop Loss: 38.80 (which is 2% or 1.5 ATR below the current price).
Klepierre has no consensus analysts rating.
P/E Trailing = 8.7137
P/E Forward = 13.9665
P/S = 6.5083
P/B = 1.1983
P/EG = 9.6715
Revenue TTM = 2.10b EUR
EBIT TTM = 2.19b EUR
EBITDA TTM = 2.22b EUR
Long Term Debt = 6.50b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.87b EUR (from shortTermDebt, last quarter)
Debt = 8.37b EUR (from shortLongTermDebtTotal, last quarter) + Leases 348.0m
Net Debt = 8.02b EUR (calculated: Debt 8.37b - CCE 355.0m)
Enterprise Value = 19.4b EUR (11.3b + Debt 8.37b - CCE 355.0m)
Interest Coverage Ratio = 7.67 (Ebit TTM 2.19b / Interest Expense TTM 286.3m)
EV/FCF = 26.74x (Enterprise Value 19.4b / FCF TTM 723.9m)
FCF Yield = 3.74% (FCF TTM 723.9m / Enterprise Value 19.4b)
FCF Margin = 34.50% (FCF TTM 723.9m / Revenue TTM 2.10b)
Net Margin = 65.13% (Net Income TTM 1.37b / Revenue TTM 2.10b)
Gross Margin = 73.06% ((Revenue TTM 2.10b - Cost of Revenue TTM 565.2m) / Revenue TTM)
Gross Margin QoQ = 76.68% (prev 70.46%)
Tobins Q-Ratio = 0.87 (Enterprise Value 19.4b / Total Assets 22.3b)
Interest Expense / Debt = 3.42% (Interest Expense 286.3m / Debt 8.37b)
Taxrate = 14.12% (242.8m / 1.72b)
NOPAT = 1.88b (EBIT 2.19b * (1 - 14.12%))
Current Ratio = 0.30 (Total Current Assets 849.7m / Total Current Liabilities 2.80b)
Debt / Equity = 0.88 (Debt 8.37b / totalStockholderEquity, last quarter 9.47b)
Debt / EBITDA = 3.62 (Net Debt 8.02b / EBITDA 2.22b)
Debt / FCF = 11.07 (Net Debt 8.02b / FCF TTM 723.9m)
Total Stockholder Equity = 9.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.18% (Net Income 1.37b / Total Assets 22.3b)
RoE = 15.17% (Net Income TTM 1.37b / Total Stockholder Equity 9.01b)
RoCE = 14.15% (EBIT 2.19b / Capital Employed (Equity 9.01b + L.T.Debt 6.50b))
RoIC = 8.86% (NOPAT 1.88b / Invested Capital 21.3b)
WACC = 4.48% (E(11.3b)/V(19.7b) * Re(5.61%) + D(8.37b)/V(19.7b) * Rd(3.42%) * (1-Tc(0.14)))
Discount Rate = 5.61% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 40.67 | Cagr: 0.06%
[DCF] Terminal Value 77.97% ; FCFF base≈650.6m ; Y1≈745.8m ; Y5≈1.10b
[DCF] Fair Price = 29.64 (EV 16.5b - Net Debt 8.02b = Equity 8.50b / Shares 286.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 91.90 | EPS CAGR: 145.6% | SUE: N/A | # QB: 0
Revenue Correlation: 48.51 | Revenue CAGR: 9.09% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=2.78 | Chg30d=-0.16% | Revisions=-25% | GrowthEPS=+2.3% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=2.86 | Chg30d=+0.14% | Revisions=-40% | GrowthEPS=+2.8% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: -50% (up=0, down=3)