Klépierre S.A.

LI.PA

Real Estate - Development · Real Estate

Exchange

Euronext Paris

Winston Score

Winston is happy

A high-quality business with solid fundamentals.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Strong

Growth

Strong

Cash Flow

Strong

Stability

Good

Valuation

Good

Dividends

Strong

Track this stock — start free trial

Winston Score History

The full picture

Klépierre is a European company that owns and manages large shopping malls. Its properties are spread across 14 countries in Europe, including France, Italy, Spain, and Scandinavia. The malls attract millions of shoppers each year and are home to hundreds of retail stores, restaurants, and entertainment venues.

Klépierre makes money by charging rent to the stores and businesses that operate inside its malls. It is structured as a real estate investment trust, meaning it is required to pay out most of its profits to shareholders as dividends. The company is one of the largest shopping mall owners in Europe, which gives it negotiating power with major retail tenants. However, the ongoing shift toward online shopping remains a significant risk, as fewer in-store shoppers can pressure retailers to shrink their physical footprints or close locations entirely, which could reduce rental income over time.

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

+101.4% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+121.3% YoY

YoY Growth Rate

Strong earnings growth

Insider Activity

22.4%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

€1.5B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

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

Revenue accelerating

Klépierre S.A. grew revenue 101% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

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

76.7%

Premium pricing power — 76.7% gross margin

Profit after running costs

Operating Margin

106.3%

Excellent — 106.3% operating margin

Return on the money invested

ROCE

8.6%

Below par — 8.6% 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

+67.8%

Fast-growing sales (+67.8% YoY)

Profit growth

EPS YoY

+56.4%

Earnings growing fast (+56.4% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

5/8 quarters

Mixed — about half the quarters showed growth

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

67%

Modest — 67% of profit becomes cash

Spare cash per sale

FCF Margin

34.5%

Converts sales into free cash efficiently (34.5%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

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

0.81

Moderate — manageable debt (0.81)

Covers its interest

Interest Cover

7.92x

Adequate interest coverage (7.9x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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)

8.1x

no trend

Attractive valuation — P/E 8.1

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year

P/E vs Forward

-5.1

SLOWING

Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

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

Try free

Dividends

Dividend

Dividend Yield

4.89%

no trend

Healthy income — 4.89% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record

Dividend Growth

+5.6%

no trend

Dividend growing modestly (5.6% YoY)

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