Dashboard
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 1.68%
- Poor long term growth as Net Sales has grown by an annual rate of 13.03% and Operating profit at -179.30% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
2
Flat results in Dec 24
3
Risky -
4
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-19.38%
0%
-19.38%
6 Months
-5.76%
0%
-5.76%
1 Year
-33.92%
0%
-33.92%
2 Years
-52.19%
0%
-52.19%
3 Years
-90.44%
0%
-90.44%
4 Years
-91.55%
0%
-91.55%
5 Years
-91.82%
0%
-91.82%
ATENOR SA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
13.03%
EBIT Growth (5y)
-179.30%
EBIT to Interest (avg)
1.20
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
29.85%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.68%
ROE (avg)
4.43%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.41
EV to EBIT
-25.95
EV to EBITDA
-27.19
EV to Capital Employed
0.79
EV to Sales
3.02
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-3.06%
ROE (Latest)
-32.27%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
89.50
41.00
118.29%
Operating Profit (PBDIT) excl Other Income
-23.60
-7.20
-227.78%
Interest
37.60
18.60
102.15%
Exceptional Items
-56.50
5.30
-1,166.04%
Consolidate Net Profit
-107.70
-1.10
-9,690.91%
Operating Profit Margin (Excl OI)
-275.70%
-196.80%
-7.89%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 118.29% vs -76.45% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is -9,690.91% vs -102.90% in Dec 2022
About ATENOR SA 
ATENOR SA
Realty
Atenor SA is a Belgium-based company that develops real estate promotion projects in the area of office and residential buildings. Its project portfolio includes: UP-SITE, a mixed-use project; TREBEL, an office building; BRUSSELS EUROPA, a mixed-use project; VICTOR, a mixed-use project; CITY DOCKS, a mixed-use project; PORT DU BON DIEU, a residential building; AU FIL DES GRANDS PRES, a mixed-use project; LA SUCRERIE, a residential building; LES BRASSERIES DE NEUDORF, a residential project; AIR, an office project; HERMES BUSINESS CAMPUS, an office project, and SOUTH CITY HOTEL. The Company operates in Belgium and Luxembourg, as well as in Central Europe, such as Hungary and Romania. It operates through Hexaten SA.
Company Coordinates 
Company Details
Avenue Reine Astrid 92 , LA HULPE None : 1310
Registrar Details






