Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company’s portfolio is valued at €19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year. Klépierre SA holds a controlling stake in Steen & Strøm (56.1%), Scandinavia’s number one shopping center owner and manager. Klépierre SA is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes. It is also included in ethical indexes, such as Euronext CAC 40 ESG, Euronext CAC SBT 1.5, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and features in CDP’s “A-list”. These distinctions underscore the Group’s commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.
Metrics to compare | LIp | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipLIpPeersSector | |
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P/E Ratio | 12.5x | 28.6x | 7.7x | |
PEG Ratio | 0.04 | 0.11 | 0.01 | |
Price/Book | 1.1x | 0.8x | 0.9x | |
Price / LTM Sales | 5.2x | 7.1x | 3.9x | |
Upside (Analyst Target) | - | 6.4% | 11.8% | |
Fair Value Upside | Unlock | −15.3% | 1.4% | Unlock |