(LI) Klepierre - Overview
Exchange: PA •
Country: France •
Currency: EUR •
Type: Common Stock •
ISIN: FR0000121964
Stock: Shopping Centers, Retail Space, Mall Management
Total Rating 45
Risk 73
Buy Signal 0.03
Dividends
| Dividend Yield | 5.92% |
| Yield on Cost 5y | 13.79% |
| Yield CAGR 5y | 16.63% |
| Payout Consistency | 94.0% |
| Payout Ratio | 44.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 17.3% |
| Relative Tail Risk | -1.20% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.93 |
| Alpha | 15.81 |
| Character TTM | |
|---|---|
| Beta | -0.057 |
| Beta Downside | 0.015 |
| Drawdowns 3y | |
|---|---|
| Max DD | 16.11% |
| CAGR/Max DD | 1.16 |
Description: LI Klepierre January 06, 2026
Klepierre SA (ticker LI) is a French-headquartered REIT that exclusively operates large-scale shopping malls across continental Europe. As of 30 June 2025, the company’s assets were valued at €20.6 billion, spanning more than 10 countries and drawing roughly 700 million visitors per year. It is listed on Euronext Paris, belongs to the CAC Next 20 and EPRA Euro Zone Indexes, and is recognized in several sustainability indices (e.g., MSCI Europe ESG Leaders, FTSE4Good) and CDP’s “A List”.
Key operational metrics from recent filings show an average occupancy rate of 94 % and a net rental income growth of 5 % year-on-year in Q2 2025, while net debt remains at 4.2 × EBITDA, indicating moderate leverage. The sector’s performance is closely tied to consumer discretionary spending and tourism flows, both of which are sensitive to macro-economic factors such as inflation trends and real-interest-rate movements that affect disposable income and retail footfall.
For a deeper quantitative assessment of Klepierre’s valuation and risk profile, the ValueRay platform provides a concise dashboard worth exploring.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 1.55b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 1.80 > 1.0 |
| NWC/Revenue: -51.39% < 20% (prev -91.32%; Δ 39.93% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.78b > Net Income 1.55b |
| Net Debt (7.58b) to EBITDA (1.77b): 4.28 < 3 |
| Current Ratio: 0.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (286.8m) vs 12m ago 0.15% < -2% |
| Gross Margin: 74.41% > 18% (prev 0.73%; Δ 7368 % > 0.5%) |
| Asset Turnover: 13.53% > 50% (prev 9.16%; Δ 4.37% > 0%) |
| Interest Coverage Ratio: 47.34 > 6 (EBITDA TTM 1.77b / Interest Expense TTM 36.8m) |
Altman Z'' 0.31
| A: -0.07 (Total Current Assets 1.52b - Total Current Liabilities 2.98b) / Total Assets 21.88b |
| B: 0.03 (Retained Earnings 617.6m / Total Assets 21.88b) |
| C: 0.08 (EBIT TTM 1.74b / Avg Total Assets 21.04b) |
| D: 0.09 (Book Value of Equity 1.02b / Total Liabilities 11.18b) |
| Altman-Z'' Score: 0.31 = B |
Beneish M -3.86
| DSRI: 0.22 (Receivables 142.4m/427.8m, Revenue 2.85b/1.85b) |
| GMI: 0.98 (GM 74.41% / 72.72%) |
| AQI: 0.09 (AQ_t 0.08 / AQ_t-1 0.95) |
| SGI: 1.54 (Revenue 2.85b / 1.85b) |
| TATA: -0.01 (NI 1.55b - CFO 1.78b) / TA 21.88b) |
| Beneish M-Score: -3.86 (Cap -4..+1) = AAA |
What is the price of LI shares?
As of February 08, 2026, the stock is trading at EUR 32.78 with a total of 489,263 shares traded.
Over the past week, the price has changed by +1.05%, over one month by -1.21%, over three months by -1.92% and over the past year by +21.16%.
Over the past week, the price has changed by +1.05%, over one month by -1.21%, over three months by -1.92% and over the past year by +21.16%.
Is LI a buy, sell or hold?
Klepierre has no consensus analysts rating.
What are the forecasts/targets for the LI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 35.7 | 8.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 40.6 | 23.7% |
LI Fundamental Data Overview February 03, 2026
Market Cap USD = 10.96b (9.29b EUR * 1.1801 EUR.USD)
P/E Trailing = 7.8929
P/E Forward = 11.534
P/S = 5.3694
P/B = 1.069
P/EG = 9.6715
Revenue TTM = 2.85b EUR
EBIT TTM = 1.74b EUR
EBITDA TTM = 1.77b EUR
Long Term Debt = 6.22b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.96b EUR (from shortTermDebt, last quarter)
Debt = 8.54b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.58b EUR (from netDebt column, last quarter)
Enterprise Value = 16.87b EUR (9.29b + Debt 8.54b - CCE 957.1m)
Interest Coverage Ratio = 47.34 (Ebit TTM 1.74b / Interest Expense TTM 36.8m)
EV/FCF = 13.36x (Enterprise Value 16.87b / FCF TTM 1.26b)
FCF Yield = 7.49% (FCF TTM 1.26b / Enterprise Value 16.87b)
FCF Margin = 44.39% (FCF TTM 1.26b / Revenue TTM 2.85b)
Net Margin = 54.39% (Net Income TTM 1.55b / Revenue TTM 2.85b)
Gross Margin = 74.41% ((Revenue TTM 2.85b - Cost of Revenue TTM 728.3m) / Revenue TTM)
Gross Margin QoQ = 77.03% (prev 72.69%)
Tobins Q-Ratio = 0.77 (Enterprise Value 16.87b / Total Assets 21.88b)
Interest Expense / Debt = 0.43% (Interest Expense 36.8m / Debt 8.54b)
Taxrate = 12.53% (49.5m / 394.5m)
NOPAT = 1.52b (EBIT 1.74b * (1 - 12.53%))
Current Ratio = 0.51 (Total Current Assets 1.52b / Total Current Liabilities 2.98b)
Debt / Equity = 0.99 (Debt 8.54b / totalStockholderEquity, last quarter 8.65b)
Debt / EBITDA = 4.28 (Net Debt 7.58b / EBITDA 1.77b)
Debt / FCF = 6.00 (Net Debt 7.58b / FCF TTM 1.26b)
Total Stockholder Equity = 8.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.36% (Net Income 1.55b / Total Assets 21.88b)
RoE = 18.59% (Net Income TTM 1.55b / Total Stockholder Equity 8.33b)
RoCE = 11.97% (EBIT 1.74b / Capital Employed (Equity 8.33b + L.T.Debt 6.22b))
RoIC = 9.38% (NOPAT 1.52b / Invested Capital 16.24b)
WACC = 3.15% (E(9.29b)/V(17.83b) * Re(5.70%) + D(8.54b)/V(17.83b) * Rd(0.43%) * (1-Tc(0.13)))
Discount Rate = 5.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.09%
[DCF Debug] Terminal Value 87.53% ; FCFF base≈1.08b ; Y1≈1.23b ; Y5≈1.69b
Fair Price DCF = 147.1 (EV 49.70b - Net Debt 7.58b = Equity 42.12b / Shares 286.4m; r=5.90% [WACC]; 5y FCF grow 16.26% → 2.90% )
EPS Correlation: 1.93 | EPS CAGR: -42.70% | SUE: 0.0 | # QB: 0
Revenue Correlation: 30.54 | Revenue CAGR: -12.47% | SUE: 0.71 | # QB: 0
EPS next Year (2026-12-31): EPS=2.77 | Chg30d=-0.007 | Revisions Net=+0 | Growth EPS=+2.7% | Growth Revenue=+2.9%
P/E Trailing = 7.8929
P/E Forward = 11.534
P/S = 5.3694
P/B = 1.069
P/EG = 9.6715
Revenue TTM = 2.85b EUR
EBIT TTM = 1.74b EUR
EBITDA TTM = 1.77b EUR
Long Term Debt = 6.22b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.96b EUR (from shortTermDebt, last quarter)
Debt = 8.54b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.58b EUR (from netDebt column, last quarter)
Enterprise Value = 16.87b EUR (9.29b + Debt 8.54b - CCE 957.1m)
Interest Coverage Ratio = 47.34 (Ebit TTM 1.74b / Interest Expense TTM 36.8m)
EV/FCF = 13.36x (Enterprise Value 16.87b / FCF TTM 1.26b)
FCF Yield = 7.49% (FCF TTM 1.26b / Enterprise Value 16.87b)
FCF Margin = 44.39% (FCF TTM 1.26b / Revenue TTM 2.85b)
Net Margin = 54.39% (Net Income TTM 1.55b / Revenue TTM 2.85b)
Gross Margin = 74.41% ((Revenue TTM 2.85b - Cost of Revenue TTM 728.3m) / Revenue TTM)
Gross Margin QoQ = 77.03% (prev 72.69%)
Tobins Q-Ratio = 0.77 (Enterprise Value 16.87b / Total Assets 21.88b)
Interest Expense / Debt = 0.43% (Interest Expense 36.8m / Debt 8.54b)
Taxrate = 12.53% (49.5m / 394.5m)
NOPAT = 1.52b (EBIT 1.74b * (1 - 12.53%))
Current Ratio = 0.51 (Total Current Assets 1.52b / Total Current Liabilities 2.98b)
Debt / Equity = 0.99 (Debt 8.54b / totalStockholderEquity, last quarter 8.65b)
Debt / EBITDA = 4.28 (Net Debt 7.58b / EBITDA 1.77b)
Debt / FCF = 6.00 (Net Debt 7.58b / FCF TTM 1.26b)
Total Stockholder Equity = 8.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.36% (Net Income 1.55b / Total Assets 21.88b)
RoE = 18.59% (Net Income TTM 1.55b / Total Stockholder Equity 8.33b)
RoCE = 11.97% (EBIT 1.74b / Capital Employed (Equity 8.33b + L.T.Debt 6.22b))
RoIC = 9.38% (NOPAT 1.52b / Invested Capital 16.24b)
WACC = 3.15% (E(9.29b)/V(17.83b) * Re(5.70%) + D(8.54b)/V(17.83b) * Rd(0.43%) * (1-Tc(0.13)))
Discount Rate = 5.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.09%
[DCF Debug] Terminal Value 87.53% ; FCFF base≈1.08b ; Y1≈1.23b ; Y5≈1.69b
Fair Price DCF = 147.1 (EV 49.70b - Net Debt 7.58b = Equity 42.12b / Shares 286.4m; r=5.90% [WACC]; 5y FCF grow 16.26% → 2.90% )
EPS Correlation: 1.93 | EPS CAGR: -42.70% | SUE: 0.0 | # QB: 0
Revenue Correlation: 30.54 | Revenue CAGR: -12.47% | SUE: 0.71 | # QB: 0
EPS next Year (2026-12-31): EPS=2.77 | Chg30d=-0.007 | Revisions Net=+0 | Growth EPS=+2.7% | Growth Revenue=+2.9%