AROUNDTOWN SA (AT1.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:AT1 • LU1673108939

2.806 EUR
+0 (+0.14%)
Last: Feb 9, 2026, 03:33 PM
Fundamental Rating

4

Taking everything into account, AT1 scores 4 out of 10 in our fundamental rating. AT1 was compared to 67 industry peers in the Real Estate Management & Development industry. While AT1 is still in line with the averages on profitability rating, there are concerns on its financial health. AT1 is valued quite cheap, while showing a decent growth score. This is a good combination!


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year AT1 was profitable.
  • In the past year AT1 had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: AT1 reported negative net income in multiple years.
  • In the past 5 years AT1 always reported a positive cash flow from operatings.
AT1.DE Yearly Net Income VS EBIT VS OCF VS FCFAT1.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B

1.2 Ratios

  • With a decent Return On Assets value of 2.47%, AT1 is doing good in the industry, outperforming 70.15% of the companies in the same industry.
  • AT1's Return On Equity of 6.52% is fine compared to the rest of the industry. AT1 outperforms 73.13% of its industry peers.
  • AT1's Return On Invested Capital of 2.17% is in line compared to the rest of the industry. AT1 outperforms 55.22% of its industry peers.
  • AT1 had an Average Return On Invested Capital over the past 3 years of 1.96%. This is below the industry average of 4.00%.
  • The last Return On Invested Capital (2.17%) for AT1 is above the 3 year average (1.96%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.47%
ROE 6.52%
ROIC 2.17%
ROA(3y)-2.5%
ROA(5y)-0.75%
ROE(3y)-6.7%
ROE(5y)-2.22%
ROIC(3y)1.96%
ROIC(5y)1.87%
AT1.DE Yearly ROA, ROE, ROICAT1.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • The Profit Margin of AT1 (53.22%) is better than 83.58% of its industry peers.
  • In the last couple of years the Profit Margin of AT1 has declined.
  • AT1's Operating Margin of 60.87% is amongst the best of the industry. AT1 outperforms 85.07% of its industry peers.
  • AT1's Operating Margin has declined in the last couple of years.
  • AT1 has a Gross Margin (65.20%) which is in line with its industry peers.
  • AT1's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 60.87%
PM (TTM) 53.22%
GM 65.2%
OM growth 3Y-2.54%
OM growth 5Y-3.42%
PM growth 3Y-58.66%
PM growth 5Y-52.79%
GM growth 3Y-0.61%
GM growth 5Y-1.84%
AT1.DE Yearly Profit, Operating, Gross MarginsAT1.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AT1 is destroying value.
  • AT1 has about the same amout of shares outstanding than it did 1 year ago.
  • AT1 has less shares outstanding than it did 5 years ago.
  • AT1 has a worse debt/assets ratio than last year.
AT1.DE Yearly Shares OutstandingAT1.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
AT1.DE Yearly Total Debt VS Total AssetsAT1.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

  • AT1 has an Altman-Z score of 0.58. This is a bad value and indicates that AT1 is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.58, AT1 is doing worse than 65.67% of the companies in the same industry.
  • AT1 has a debt to FCF ratio of 17.09. This is a negative value and a sign of low solvency as AT1 would need 17.09 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 17.09, AT1 perfoms like the industry average, outperforming 59.70% of the companies in the same industry.
  • AT1 has a Debt/Equity ratio of 0.92. This is a neutral value indicating AT1 is somewhat dependend on debt financing.
  • AT1 has a Debt to Equity ratio of 0.92. This is comparable to the rest of the industry: AT1 outperforms 53.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 17.09
Altman-Z 0.58
ROIC/WACC0.83
WACC2.61%
AT1.DE Yearly LT Debt VS Equity VS FCFAT1.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.49 indicates that AT1 should not have too much problems paying its short term obligations.
  • AT1's Current ratio of 1.49 is in line compared to the rest of the industry. AT1 outperforms 56.72% of its industry peers.
  • AT1 has a Quick Ratio of 1.49. This is a normal value and indicates that AT1 is financially healthy and should not expect problems in meeting its short term obligations.
  • AT1's Quick ratio of 1.49 is fine compared to the rest of the industry. AT1 outperforms 68.66% of its industry peers.
Industry RankSector Rank
Current Ratio 1.49
Quick Ratio 1.49
AT1.DE Yearly Current Assets VS Current LiabilitesAT1.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 172.55% over the past year.
  • AT1 shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -46.54% yearly.
  • AT1 shows a decrease in Revenue. In the last year, the revenue decreased by -1.35%.
  • Measured over the past years, AT1 shows a quite strong growth in Revenue. The Revenue has been growing by 11.50% on average per year.
EPS 1Y (TTM)172.55%
EPS 3Y-55.53%
EPS 5Y-46.54%
EPS Q2Q%96.67%
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y5.24%
Revenue growth 5Y11.5%
Sales Q2Q%-0.08%

3.2 Future

  • AT1 is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.20% yearly.
  • AT1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.17% yearly.
EPS Next Y-7.91%
EPS Next 2Y-1.51%
EPS Next 3Y-0.2%
EPS Next 5YN/A
Revenue Next Year9.64%
Revenue Next 2Y5.61%
Revenue Next 3Y4.17%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
AT1.DE Yearly Revenue VS EstimatesAT1.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
AT1.DE Yearly EPS VS EstimatesAT1.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.1 0.2 0.3 0.4

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 3.84, the valuation of AT1 can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of AT1 indicates a rather cheap valuation: AT1 is cheaper than 97.01% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of AT1 to the average of the S&P500 Index (27.93), we can say AT1 is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 9.96, the valuation of AT1 can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AT1 indicates a rather cheap valuation: AT1 is cheaper than 82.09% of the companies listed in the same industry.
  • AT1 is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.77, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 3.84
Fwd PE 9.96
AT1.DE Price Earnings VS Forward Price EarningsAT1.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 74.63% of the companies in the same industry are more expensive than AT1, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of AT1 indicates a rather cheap valuation: AT1 is cheaper than 80.60% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.5
EV/EBITDA 15.35
AT1.DE Per share dataAT1.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.51%
EPS Next 3Y-0.2%

0

5. Dividend

5.1 Amount

  • AT1 does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

AROUNDTOWN SA

FRA:AT1 (2/9/2026, 3:33:14 PM)

2.806

+0 (+0.14%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-26
Earnings (Next)N/A
Inst Owners12.83%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap4.31B
Revenue(TTM)1.53B
Net Income(TTM)814.00M
Analysts55.65
Price Target3.21 (14.4%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-2.69%
Max Revenue beat(2)-0.57%
Revenue beat(4)1
Avg Revenue beat(4)3.78%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)21.67%
Revenue beat(8)1
Avg Revenue beat(8)0.57%
Revenue beat(12)4
Avg Revenue beat(12)2.89%
Revenue beat(16)7
Avg Revenue beat(16)2.47%
PT rev (1m)0.74%
PT rev (3m)-0.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)16.67%
EPS NY rev (1m)2.82%
EPS NY rev (3m)-1.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 3.84
Fwd PE 9.96
P/S 2.82
P/FCF 5.5
P/OCF 5.36
P/B 0.35
P/tB 0.37
EV/EBITDA 15.35
EPS(TTM)0.73
EY26.02%
EPS(NY)0.28
Fwd EY10.04%
FCF(TTM)0.51
FCFY18.18%
OCF(TTM)0.52
OCFY18.65%
SpS1
BVpS8.12
TBVpS7.49
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.55
Profitability
Industry RankSector Rank
ROA 2.47%
ROE 6.52%
ROCE 3.13%
ROIC 2.17%
ROICexc 2.39%
ROICexgc 2.47%
OM 60.87%
PM (TTM) 53.22%
GM 65.2%
FCFM 51.26%
ROA(3y)-2.5%
ROA(5y)-0.75%
ROE(3y)-6.7%
ROE(5y)-2.22%
ROIC(3y)1.96%
ROIC(5y)1.87%
ROICexc(3y)2.15%
ROICexc(5y)2.06%
ROICexgc(3y)2.24%
ROICexgc(5y)2.14%
ROCE(3y)2.84%
ROCE(5y)2.7%
ROICexgc growth 3Y10.97%
ROICexgc growth 5Y3.78%
ROICexc growth 3Y11.29%
ROICexc growth 5Y2.92%
OM growth 3Y-2.54%
OM growth 5Y-3.42%
PM growth 3Y-58.66%
PM growth 5Y-52.79%
GM growth 3Y-0.61%
GM growth 5Y-1.84%
F-Score5
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 17.09
Debt/EBITDA 12.1
Cap/Depr 115.34%
Cap/Sales 1.33%
Interest Coverage 3.62
Cash Conversion 84.78%
Profit Quality 96.31%
Current Ratio 1.49
Quick Ratio 1.49
Altman-Z 0.58
F-Score5
WACC2.61%
ROIC/WACC0.83
Cap/Depr(3y)103.72%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.3%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)172.55%
EPS 3Y-55.53%
EPS 5Y-46.54%
EPS Q2Q%96.67%
EPS Next Y-7.91%
EPS Next 2Y-1.51%
EPS Next 3Y-0.2%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y5.24%
Revenue growth 5Y11.5%
Sales Q2Q%-0.08%
Revenue Next Year9.64%
Revenue Next 2Y5.61%
Revenue Next 3Y4.17%
Revenue Next 5YN/A
EBIT growth 1Y-0.44%
EBIT growth 3Y2.57%
EBIT growth 5Y7.69%
EBIT Next Year5.12%
EBIT Next 3Y2.88%
EBIT Next 5Y5.4%
FCF growth 1Y4.71%
FCF growth 3Y-22.11%
FCF growth 5Y5.7%
OCF growth 1Y3.22%
OCF growth 3Y-21.49%
OCF growth 5Y6.1%

AROUNDTOWN SA / AT1.DE FAQ

What is the ChartMill fundamental rating of AROUNDTOWN SA (AT1.DE) stock?

ChartMill assigns a fundamental rating of 4 / 10 to AT1.DE.


What is the valuation status for AT1 stock?

ChartMill assigns a valuation rating of 7 / 10 to AROUNDTOWN SA (AT1.DE). This can be considered as Undervalued.


Can you provide the profitability details for AROUNDTOWN SA?

AROUNDTOWN SA (AT1.DE) has a profitability rating of 5 / 10.


How financially healthy is AROUNDTOWN SA?

The financial health rating of AROUNDTOWN SA (AT1.DE) is 4 / 10.


How sustainable is the dividend of AROUNDTOWN SA (AT1.DE) stock?

The dividend rating of AROUNDTOWN SA (AT1.DE) is 0 / 10 and the dividend payout ratio is 0%.