Alliance Developpement Capital SIIC SE (ALDV) fair value: what the stock is really worth
As of Oct 30, 2026: fair value (intrinsic value) of Alliance Developpement Capital SIIC SE stock €0.04, price €0.06, that is 26.0% below the price, quality 44 out of 100. Rating: overvalued. Calculated from audited financials with 2 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range €0.0333 – €0.1700 · the €0.0560 price screens above the €0.0414 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow Alliance Developpement Capital SIIC in your weekly email
Every Wednesday you see whether Alliance Developpement Capital SIIC is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Alliance Developpement Capital SIIC (ADC SIIC) is a publicly owned real estate investment firm. The firm specializes in owning and managing residential real estate properties. It primarily invests in properties in Paris and its suburbs.
Show moreShow less
The firm was formerly known as AD Capital SA. Alliance Developpement Capital is based in Saint-Josse-Ten-Noode, Belgium.
Stock analysis
Alliance Developpement Capital SIIC SE (ALDV) currently trades at €0.0560, while our model-based Fair Value estimate is €0.0414, 26% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 2 models at a data quality of 84/100, which puts the data coverage at low.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2015: revenue and profit before it include the divested business. Growth is measured afresh from 2015.
Alliance Developpement Capital SIIC SE reported revenue of €1.1M in FY2025 versus €926K in FY2021, a compound +3.3%/yr. Reported net income was −€1.7M in FY2025.
Key figures
Market cap €7.5M Micro · P/S ratio 13.8 · Return on equity −0.3% · Return on assets (EBIT) −0.3% (5-year average) · Operating margin −110% · Revenue (TTM) €548K · Revenue growth (YoY) +396% · EPS growth (YoY) +61.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 10 out of 100 (low confidence).
What moves the price
The share trades about 34% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −13% fair-value upside, at −26%, ALDV screens richer than that median.
Fair Value models
Bear€0.0414Fair Value €0.0414Bull€0.0414
Price €0.0560 · Downside -26.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2015: revenue and profit before it include the divested business. Growth is measured afresh from 2015.
Revenue growth 1 year
−5.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.6%
Start year 2020 (pandemic). Over 10 years: +1.3% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
59.4% (2018) → −14.1% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Alliance Developpement Capital SIIC SE with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Residential · 41 stocks
Beats the industry median on 2/9 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside−26.1% · Below median
Profitability
Return on assets−2.5% · Bottom 25%
Net margin (12 months)−30.5% · Bottom 25%
Operating margin (12 months)−110.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)395.8% · Top 25%
Valuation Multiplesvs REIT - Residential median · lower = cheaper
P/B0.16× · Cheapest 25%
P/S (12 months)13.77× · Priciest 25%
PEG6.14× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 15
FUTURE (revenue growth)100· sector 9
PAST (return on equity)0· sector 14
HEALTH (low debt)100· sector 58
DIVIDEND (yield)0· sector 77
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Alliance Developpement Capital SIIC SE Fair Value". https://www.fairvalue-calculator.com/stock/ALDV
Frequently asked questions
Is Alliance Developpement Capital SIIC SE (ALDV) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €0.0414 versus the last price from Oct 30, 2026 of €0.0560, about 26% lower (overvalued).
What is the fair value of ALDV?
Our model-based fair value for Alliance Developpement Capital SIIC SE is €0.0414 (as of Nov 7, 2026), built from audited fundamentals. Last price (from Oct 30, 2026): €0.0560.
What is the quality score of ALDV?
Alliance Developpement Capital SIIC SE has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Alliance Developpement Capital SIIC SE (ALDV)?
Our model-based price target is the fair value of €0.0414 (as of Nov 7, 2026) from 2 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Alliance Developpement Capital SIIC SE stock forecast for 2026?
Our models put fair value at €0.0414, about 26% lower versus the last price from Oct 30, 2026 of €0.0560 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of Alliance Developpement Capital SIIC SE (ALDV)?
Alliance Developpement Capital SIIC SE reported trailing-twelve-month revenue of about €548K (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of Alliance Developpement Capital SIIC SE (ALDV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Alliance Developpement Capital SIIC SE it is €0.0414 per share (as of Nov 7, 2026), against a price of €0.0560. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is Alliance Developpement Capital SIIC SE stock overvalued or undervalued in 2026?
As of Nov 7, 2026, ALDV trades above its calculated fair value: price €0.0560, fair value €0.0414, a gap of about −26% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ALDV?
No. The price is what the market pays today (€0.0560); the fair value is what the company's own numbers justify (€0.0414). For Alliance Developpement Capital SIIC SE the two are €0.0146 per share apart. That gap is exactly why we show both numbers side by side.
How much is Alliance Developpement Capital SIIC SE worth?
The market values Alliance Developpement Capital SIIC SE at about €7.5M (market capitalisation, as of Nov 7, 2026). Per share that is €0.0560; our models calculate a fair value of €0.0414 per share.
What is the PEG ratio of ALDV?
The PEG ratio of Alliance Developpement Capital SIIC SE is 6.14 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Alliance Developpement Capital SIIC SE (ALDV)?
Balance-sheet figures for Alliance Developpement Capital SIIC SE (as of Nov 7, 2026): return on equity −0.3%. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is ALDV from its 52-week high?
Alliance Developpement Capital SIIC SE trades at €0.0560, about 34% below its 52-week high of €0.0845 and 12% above the low of €0.0500 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €0.0414 is for.
Which stocks are comparable to Alliance Developpement Capital SIIC SE?
From the same area (Real Estate) we also value Essex Property Trust, Inc, Invitation Homes, Sun Communities, Inc, Mid-America Apartment Communities, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Alliance Developpement Capital SIIC SE stock attractive at the current price?
The data as of Nov 7, 2026: price €0.0560, calculated fair value €0.0414 (−26%), Quality Score 44/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ALDV calculated?
We run Alliance Developpement Capital SIIC SE through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of €0.0414 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Alliance Developpement Capital SIIC SE itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Alliance Developpement Capital SIIC SE (ALDV)?
The latest price we hold is from Oct 30, 2026 and stands at €0.0560. Our model-based fair value is €0.0414, about 26% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Alliance Developpement Capital SIIC SE right now?
The price sits above even our optimistic bull case (€0.0414). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Alliance Developpement Capital SIIC SE
How large is the market capitalisation of Alliance Developpement Capital SIIC SE (ALDV)?
The market capitalisation of Alliance Developpement Capital SIIC SE is €7.5M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Alliance Developpement Capital SIIC SE (ALDV)?
The price-to-sales ratio of Alliance Developpement Capital SIIC SE is 13.8 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the return on equity of Alliance Developpement Capital SIIC SE (ALDV)?
The return on equity (ROE) of Alliance Developpement Capital SIIC SE is −0.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Alliance Developpement Capital SIIC SE (ALDV)?
On an EBIT basis the return on assets of Alliance Developpement Capital SIIC SE is −0.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Alliance Developpement Capital SIIC SE (ALDV)?
The operating margin of Alliance Developpement Capital SIIC SE is −110% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Alliance Developpement Capital SIIC SE (ALDV)?
Revenue at Alliance Developpement Capital SIIC SE is growing +396% versus a year earlier (3y avg +1.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Alliance Developpement Capital SIIC SE (ALDV)?
Earnings per share at Alliance Developpement Capital SIIC SE are growing +61.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Alliance Developpement Capital SIIC SE (ALDV) generate?
The free cash flow of Alliance Developpement Capital SIIC SE is −€454K (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Alliance Developpement Capital SIIC SE (ALDV) hold?
Alliance Developpement Capital SIIC SE holds more cash than debt, €3.9M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Alliance Developpement Capital SIIC SE in the live analysis
One click puts Alliance Developpement Capital SIIC SE on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 7, 2026