Klépierre SA/€LI
1D1W1MYTD1Y5YMAX
Capital at risk
About Klépierre SA
Klépierre SA is a European real estate investment trust (REIT) specializing in the ownership and management of shopping centers. The company focuses on enhancing the retail experience by developing prime shopping destinations across Europe. Founded in 1990, Klépierre has established a strong presence with shopping centers in various European countries, with its headquarters located in Paris, France. Its core offerings include leasing retail space to tenants and providing property management services to maintain and improve these commercial properties. Klépierre's strategic positioning includes a focus on sustainability and innovation in retail environments, contributing to long-term value creation.
- Ticker
- €LI
- Sector
- Real Estate
- Primary listing
- PAR
- Employees
- 1,034
- Headquarters
- Paris, France
- Website
- www.klepierre.com
Klépierre SA Metrics
BasicAdvanced
€11B
7.67
€4.77
0.90
€1.90
5.19%
Price and volume
Market cap
€11B
Beta
0.9
52-week high
€39.62
52-week low
€30.90
Average daily volume
447K
Dividend rate
€1.90
Financial strength
Current ratio
0.303
Quick ratio
0.259
Long term debt to equity
52.952
Total debt to equity
68.996
Dividend payout ratio (TTM)
39.28%
Interest coverage (TTM)
3.85%
Profitability
EBITDA (TTM)
1,151.2
Gross margin (TTM)
77.89%
Net profit margin (TTM)
78.12%
Operating margin (TTM)
64.81%
Effective tax rate (TTM)
11.25%
Revenue per employee (TTM)
€1,690,000
Management effectiveness
Return on assets (TTM)
3.21%
Return on equity (TTM)
13.67%
Valuation
Price to earnings (TTM)
7.668
Price to revenue (TTM)
5.99
Price to book
1.11
Price to tangible book (TTM)
1.17
Price to free cash flow (TTM)
10.528
Free cash flow yield (TTM)
9.50%
Free cash flow per share (TTM)
3.476
Dividend yield (TTM)
5.19%
Growth
Revenue change (TTM)
1.10%
Earnings per share change (TTM)
16.13%
3-year revenue growth (CAGR)
4.26%
10-year revenue growth (CAGR)
1.93%
3-year earnings per share growth (CAGR)
99.48%
10-year earnings per share growth (CAGR)
6.81%
3-year dividend per share growth (CAGR)
2.78%
10-year dividend per share growth (CAGR)
1.12%
Bulls say / Bears say
Klépierre raised its 2026 targets after first-half EBITDA increased 4.8% year over year, now targeting at least €1.15 billion of EBITDA and net current cash flow per share at the high end of €2.77–€2.80. (Klépierre)
The operating platform remains highly resilient: first-half financial occupancy reached 97.1%, leasing volume rose 8%, renewals and relettings achieved a 5.0% rental uplift, retailer sales increased 3.9%, and footfall grew 1.2%. (Klépierre)
The balance sheet provides financial flexibility, with a 33.8% loan-to-value ratio, 7.2x interest coverage, €2.4 billion of liquidity and an average debt maturity of 6.1 years; ongoing Italian extension projects also carry targeted yields on cost of 10% and above 8%. (Klépierre)
2026 guidance assumes no further macroeconomic deterioration and resilient consumer demand; any weakening in European consumption or geopolitical conditions could pressure tenant sales, leasing demand and the company’s raised targets. (Klépierre)
Klépierre remains meaningfully leveraged, with €7.35 billion of net debt and net debt-to-EBITDA of 6.6x; although average debt cost was 1.9%, the €500 million green bond issued in August carried a 3.875% coupon, highlighting refinancing-cost exposure if rates remain elevated. (Klépierre financing)
The April 2026 appointment of Stanley Shashoua as supervisory-board chairman followed the departure and subsequent death of long-time chairman David Simon, creating a governance-transition risk that could weigh on strategic continuity and investor confidence. (Reuters via Boursorama)
Data summarised monthly by Lightyear AI. Last updated on 12 Sept 2026.
Upcoming events
No upcoming events
Funds containing Klépierre SA
AllEURGBPUSD
Fund name | Fund size | €LI weighting |
|---|---|---|
iShares European Property Yield€IPRP | €813M | 6.46% |
iShares European Property Yield£IPRP | £698M | 6.46% |
iShares STOXX Europe 600 Real Estate€EXI5 | €58M | 5.80% |
iShares EURO STOXX Mid€DJMC | €572M | 1.10% |
iShares EURO STOXX Mid Cap£DJMC | £491M | 1.10% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.