Atland SAS

ATLD.PA

REIT - Diversified · Real Estate

Exchange

Euronext Paris

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Data as of Aug 23, 2026 · filings through Dec 31, 2025

How the score breaks down

Quality

Weak

Growth

Weak

Cash Flow

Exceptional

Stability

Good

Valuation

Mixed

Dividends

Good

Track this stock — start free trial

Winston Score History

The full picture

Atland SAS is a French real estate company that owns and manages a mix of commercial properties, including retail spaces, offices, and logistics facilities. It serves businesses looking to rent space across France, acting as both a property owner and an asset manager for third-party investors. The company operates in the diversified REIT sector, meaning it spreads its bets across different types of real estate rather than focusing on just one.

Atland makes money in two main ways: collecting rent from tenants in the properties it owns, and charging fees to manage real estate assets on behalf of outside investors. It operates primarily in France, with a market cap of around €200 million, making it a small player in European real estate. Its asset management business provides some recurring fee income that helps cushion it from property market swings, but rising interest rates remain a key risk, as higher borrowing costs squeeze margins and can push property values lower.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-30.9% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-18.6% YoY

YoY Growth Rate

Earnings declining

Insider Activity

81.7%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

€73M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Atland SAS's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

-28.4%

Thin — -28.4% gross margin

Profit after running costs

Operating Margin

8.9%

Modest — 8.9% operating margin

Return on the money invested

ROCE

5.1%

Weak — 5.1% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-12.5%

Shrinking sales (-12.5% YoY)

Profit growth

EPS YoY

-5.5%

Earnings shrinking (-5.5% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is

EPS Consistency

1/4 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

426%

Turns 426% of profit into real cash

Spare cash per sale

FCF Margin

19.1%

Converts sales into free cash efficiently (19.1%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.71

Moderate — manageable debt (0.71)

Covers its interest

Interest Cover

2.07x

Tight — interest eats into profit (2.1x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

19.3x

no trend

Fair value — P/E 19.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

4.81%

no trend

Healthy income — 4.81% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record

Dividend Growth

-48.4%

no trend

Dividend cut (-48.4% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial