Carpinienne de Participations (CARP.PA)

Carpinienne de Participations (CARP.PA) — VMCI valuation read

Composite valuation read on CARP.PA: VMCI 34/100 against a Real Estate sector median of 50. The 16-point below-median print is the headline number for Carpinienne de Participations, and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for CARP.PA: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on CARP.PA: CARP.PA trades at 17.0x earnings, 6% below the Real Estate median of 18.0x; ROIC of 13.0% sits 3.0pp above the Real Estate median (10.0%); net debt to EBITDA of 0.7x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Real Estate closes the value frame.

CARP.PA fell 3.1% over the trailing 7 days, with a -17.1% read on a 30-day basis.