Atenor (FRA:Z5S) Total Receivables: €19.2 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:Z5S Atenor SA FRA:Z5S
38 GF Score
Price €1.50
GF Value €1.84
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Atenor Total Receivables?

Atenor FRA:Z5S -1.97% 38 Total Receivables is €19.2 Mil as of Dec. 2025. GuruFocus rates FRA:Z5S with a GF Score™ of 38/100 and a GF Value™ of €1.84 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Atenor's Total Receivables for the quarter that ended in Dec. 2025 was €19.2 Mil.

Atenor Total Receivables Historical Data

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The historical data trend for Atenor's Total Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Atenor Total Receivables Chart

Atenor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.77 39.04 24.15 24.89 19.22

Atenor Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.15 39.65 24.89 32.92 19.22
FRA:Z5S
38GF Score
Atenor SA FRA:Z5S
Total Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Atenor Total Receivables Calculation

Total Receivables is the sum of all receivables owed by customers and affiliates within one year, including:
Accounts Receivable
Notes Receivable
Loans Receivable
Other Current Receivables

Frequently Asked Questions Learn more about Total Receivables →
What does a Total Receivables of €19.2 Mil mean?
Atenor (FRA:Z5S) has a Total Receivables of €19.2 Mil as of Dec. 2025. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Atenor and its competitors.
Is Atenor's Total Receivables too high?
Atenor's current Total Receivables is €19.2 Mil. Overall, Atenor has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atenor's Total Receivables compare to competitors?
Atenor's Total Receivables of €19.2 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Receivables for a Real Estate company?
A good Total Receivables depends on the Real Estate industry context. However, Total Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Receivables mean?
A high Total Receivables can signal that a stock is expensive relative to its fundamentals. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Atenor and its competitors. Atenor's current Total Receivables is €19.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atenor stock overvalued right now?
Based on GuruFocus' analysis, Atenor (FRA:Z5S) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.84, compared to a current price of €1.50 — trading 18.8% below its estimated fair value. The current Total Receivables is €19.2 Mil. Atenor's overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Receivables calculated?
Total Receivables is calculated from a company's financial statements. For Atenor (FRA:Z5S), the current Total Receivables is €19.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Atenor (FRA:Z5S) Overvalued in 2026?

Based on GuruFocus' analysis, Atenor stock appears to be undervalued. The current stock price of €1.50 is trading 18.8% below its estimated GF Value™ of €1.84. GuruFocus considers Atenor to be Modestly Undervalued.

Key valuation signals for FRA:Z5S:

  • Total Receivables: €19.2 Mil
  • GF Value™: €1.84 vs. price of €1.50 (18.8% below fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the FRA:Z5S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Atenor Business Description

Address Avenue Reine Astrid 92, La Hulpe, BEL, B-1310
Atenor SA is a Belgium-based real estate development company engaged in the business activity of developing real estate projects. Its project portfolio comprises offices, mixed-use, and residential complexes. The company's projects include Up-Site, Hermes Business Campus, Vaci Greens, Victor, Trebel, and South City Hotel. The group operates in Belgium, the Grand Duchy of Luxembourg, Hungary, and Romania.
38GF Score

Get the complete analysis for FRA:Z5S

Total Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.50
Price
€1.84
GF Value