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Added to YB: 2026-07-22

Pitch date: 2026-07-19

ALRIS.PA [bullish]

Rising Stone S.A.

-0.2%

current return

Author Info

No bio for this author

Company Info

Rising Stone S.A. operates as a developer and builder of luxury and ultra-luxury real estate property in France.

Market Cap

EUR 128.1M

Pitch Price

EUR 50.00

Price Target

197.20

Dividend

3.11%

EV/EBITDA

15.41

P/E

10.51

EV/Sales

2.37

Sector

Real Estate Management and Development

Category

growth

Show full summary:
Rising Stone: A Vertically Integrated Alpine Compounder Trading at 4x 2028 Earnings

ALRIS.PA: Vertically integrated, founder-led (51% owner) ultra-luxury Alpine developer at €130M cap, 9x 2025 P/E / 4.3x 2028 P/E. €1B pipeline, guidance €75M/100M/155M sales 2026-28, 19% net margin. Moat: scarce permits, high-altitude snow-sure resorts, renovation wave from energy laws. Base case 3x/55% IRR, bull 4x/74% IRR + ~20% divs.

Read full article (8 min)