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Vitura SA (VTR) Fair Value & Analysis

Real Estate · FR · Market cap €63.4M

VS Vitura SA VTR · PA
Price€3.86
Fair Value€5.59
Upside+44.8%
Quality95/100
Evidence: High Range €5.59 – €5.59

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 3 days ago

Share price +3.8% over the past month.

Price vs Fair Value (12 months)

€6.50 €3.34 Fair Value €5.59 Jul 2025 Jun 2026

12‑month range €3.34 – €6.50 · the €3.86 price screens below the €5.59 fair value. As of Jun 26, 2026.

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Analysis

Vitura SA (VTR) currently trades at €3.86, while our model-based Fair Value estimate is €5.59 — implying the stock looks roughly 44.8% 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: high) — always confirm before acting.

Over the trailing twelve months, Vitura SA generated revenue of €58.0M at a net margin of -35.8%. Revenue grew 6.9% year over year. It earns a return on equity of -8.0%. Net debt stands at €628M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €58.0M
Revenue growth (YoY) +6.9%
Net margin -35.8%
Return on equity -8.0%
Free cash flow €4.0M FY2025
Operating margin 69.1%
More key figures
EPS (TTM) €-1.22
EPS growth (YoY) +58.9%
Net debt €628M FY2025

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

About the company

Vitura SA is a listed real estate company that invests in prime office properties in Paris and Greater Paris. The total value of the portfolio was estimated at 872 million at June 30, 2025 (excluding transfer duties). Thanks to its strong commitment to sustainable development, the Company's leadership position is recognized by ESG rating agencies. Vitura ranks among the top 20% of the 2025 GRESB ranking and has been ranked Global Sector Leader four times. It has also received two Gold Awards from the European Public Real Estate Association (EPRA) for the quality and transparency of its financial and non-financial reporting. Vitura is a REIT listed on Euronext Paris since 2006. Vitura SA was incorporated in 1999 in France.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vitura SA reported revenue of €60.3M in FY2025 versus €84.9M in FY2021, a compound −8.2%/yr. Reported net income was −€20.8M in FY2025.

Revenue −8.2%/yr
FY21 €84.9M
FY22 €72.8M
FY23 €76.6M
FY24 €57.9M
FY25 €60.3M
Net income
FY21 €36.9M
FY22 −€4.2M
FY23 −€240M
FY24 −€243M
FY25 −€20.8M

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Similar stocks

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

Stock Price Fair Value vs Fair Value
BXP, Inc BXP $64.34 $60.75 -6%
MERLIN Properties SOCIMI, S.A MRL €15.23 €7.92 -48%
Alexandria Real Estate Equities, Inc A1RE34 R$65.59 R$10.30 -84%
Vornado Realty Trust VNORP $51.75 $47.22 -9%
Gecina GECFF $87.89 $126.77 +44%
Hudson Pacific Properties, Inc HPP $14.30 $4.28 -70%

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Frequently asked questions

Is Vitura SA (VTR) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €5.59 versus a price of €3.86 — about +45% (undervalued). Model-based estimate, not financial advice.
What is the fair value of VTR?
Our 21-model fair value for Vitura SA is €5.59 (as of Jun 26, 2026), built from audited fundamentals. The current price is €3.86.
What is the quality score of VTR?
Vitura SA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Vitura SA (VTR)?
Vitura SA reported trailing-twelve-month revenue of about €58.0M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of VTR?
The net profit margin of Vitura SA is about -35.8%, 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.