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Paref SA (PAR) Fair Value & Analysis

Real Estate · FR · Market cap €37.9M

PS Paref SA PAR · PA
Price€25.00
Fair Value€32.73
Upside+30.9%
Quality95/100
Evidence: Medium Range €14.69 – €32.73

Fair value as of: Jun 26, 2026

From 8 valuation models · updated 3 days ago

Share price −0.8% over the past month.

Price vs Fair Value (12 months)

€41.33 €23.19 Fair Value €32.73 Jul 2025 Jun 2026

12‑month range €23.19 – €41.33 · fair‑value band €14.69 – €32.73 · the €25.00 price screens below the €32.73 fair value. As of Jun 26, 2026.

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Analysis

Paref SA (PAR) currently trades at €25.00, while our model-based Fair Value estimate is €32.73 — implying the stock looks roughly 30.9% undervalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Paref SA generated revenue of €24.9M at a net margin of -47.7%. Revenue declined 9.1% year over year. It earns a return on equity of -11.3%. Net debt stands at €70.1M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €24.9M
Revenue growth (YoY) -9.1%
Net margin -47.7%
Return on equity -11.3%
Free cash flow −€437K FY2025
Operating margin 8.9%
More key figures
EPS (TTM) €-7.84
EPS growth (YoY) +279%
Net debt €70.1M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Paref SA owns and manages business real estate located primarily in the Paris region. The company manages and leases real estate, offices and commercial spaces, and residences. The company also provides real estate agency services. The company was founded in 1997 and is based in Paris, France.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Paref SA reported revenue of €29.9M in FY2025 versus €32.7M in FY2021, a compound −2.2%/yr. Reported net income was −€11.9M in FY2025.

Revenue −2.2%/yr
FY21 €32.7M
FY22 €43.9M
FY23 €28.3M
FY24 €26.2M
FY25 €29.9M
Net income
FY21 €11.0M
FY22 €4.0M
FY23 −€16.4M
FY24 −€5.4M
FY25 −€11.9M

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6 more REIT - Diversified stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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Graphene Manufacturing Group GMG A$31.69 A$10.07 -68%
Goodman Group GMGSF $21.70 $7.07 -67%
VICI Properties Inc VICI $26.53 $41.74 +57%
W. P. Carey Inc WPC $76.71 $50.40 -34%
Stockland STKAF $3.00 $2.58 -14%
Charter Hall Group CTOUF $15.42 $10.45 -32%

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Frequently asked questions

Is Paref SA (PAR) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €32.73 versus a price of €25.00 — about +31% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PAR?
Our 21-model fair value for Paref SA is €32.73 (as of Jun 26, 2026), built from audited fundamentals. The current price is €25.00.
What is the quality score of PAR?
Paref SA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Paref SA (PAR)?
Paref SA reported trailing-twelve-month revenue of about €24.9M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of PAR?
The net profit margin of Paref SA is about -47.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.