FCR IMMOBILIEN AG (FC9.DE) Stock Fundamental Analysis
Europe - FRA:FC9 - DE000A1YC913 - Common Stock
11.5 EUR
+0.1 (+0.88%)
FC9 gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 75 industry peers in the Real Estate Management & Development industry. FC9 has an excellent profitability rating, but there are some minor concerns on its financial health. FC9 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year FC9 was profitable.
In the past year FC9 had a positive cash flow from operations.
In the past 5 years FC9 has always been profitable.
In the past 5 years FC9 always reported a positive cash flow from operatings.
1.2 Ratios
FC9 has a Return On Assets of 5.15%. This is amongst the best in the industry. FC9 outperforms 89.33% of its industry peers.
Looking at the Return On Equity, with a value of 15.26%, FC9 belongs to the top of the industry, outperforming 96.00% of the companies in the same industry.
FC9's Return On Invested Capital of 5.74% is amongst the best of the industry. FC9 outperforms 92.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FC9 is above the industry average of 3.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 15.26% | ||
| ROIC | 5.74% |
ROA(3y)3.27%
ROA(5y)3.11%
ROE(3y)11.32%
ROE(5y)11.11%
ROIC(3y)5.76%
ROIC(5y)5.93%
1.3 Margins
FC9 has a Profit Margin of 47.73%. This is amongst the best in the industry. FC9 outperforms 81.33% of its industry peers.
In the last couple of years the Profit Margin of FC9 has grown nicely.
The Operating Margin of FC9 (69.57%) is better than 90.67% of its industry peers.
FC9's Operating Margin has improved in the last couple of years.
The Gross Margin of FC9 (101.31%) is better than 98.67% of its industry peers.
In the last couple of years the Gross Margin of FC9 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 69.57% | ||
| PM (TTM) | 47.73% | ||
| GM | 101.31% |
OM growth 3Y0.24%
OM growth 5Y2.4%
PM growth 3Y20.41%
PM growth 5Y15.53%
GM growth 3Y-0.12%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FC9 is destroying value.
FC9 has about the same amout of shares outstanding than it did 1 year ago.
FC9 has more shares outstanding than it did 5 years ago.
FC9 has a better debt/assets ratio than last year.
2.2 Solvency
FC9 has an Altman-Z score of 0.96. This is a bad value and indicates that FC9 is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.96, FC9 is in line with its industry, outperforming 48.00% of the companies in the same industry.
The Debt to FCF ratio of FC9 is 3.83, which is a good value as it means it would take FC9, 3.83 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FC9 (3.83) is better than 92.00% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that FC9 is not too dependend on debt financing.
FC9 has a better Debt to Equity ratio (0.34) than 74.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.83 | ||
| Altman-Z | 0.96 |
ROIC/WACC0.55
WACC10.38%
2.3 Liquidity
A Current Ratio of 0.40 indicates that FC9 may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.40, FC9 is doing worse than 81.33% of the companies in the same industry.
FC9 has a Quick Ratio of 0.40. This is a bad value and indicates that FC9 is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.35, FC9 is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.35 |
3. Growth
3.1 Past
FC9 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 198.07%, which is quite impressive.
FC9 shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.98% yearly.
FC9 shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.23%.
Measured over the past years, FC9 shows a small growth in Revenue. The Revenue has been growing by 1.71% on average per year.
EPS 1Y (TTM)198.07%
EPS 3Y20.86%
EPS 5Y8.98%
EPS Q2Q%5.02%
Revenue 1Y (TTM)-11.23%
Revenue growth 3Y0.98%
Revenue growth 5Y1.71%
Sales Q2Q%-29.23%
3.2 Future
Based on estimates for the next years, FC9 will show a very negative growth in Earnings Per Share. The EPS will decrease by -22.00% on average per year.
Based on estimates for the next years, FC9 will show a very negative growth in Revenue. The Revenue will decrease by -10.87% on average per year.
EPS Next Y-67.86%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
EPS Next 5YN/A
Revenue Next Year-34.38%
Revenue Next 2Y-17.64%
Revenue Next 3Y-10.87%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.16 indicates a rather cheap valuation of FC9.
Compared to the rest of the industry, the Price/Earnings ratio of FC9 indicates a rather cheap valuation: FC9 is cheaper than 96.00% of the companies listed in the same industry.
FC9's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.91.
A Price/Forward Earnings ratio of 15.81 indicates a correct valuation of FC9.
Based on the Price/Forward Earnings ratio, FC9 is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.30, FC9 is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.16 | ||
| Fwd PE | 15.81 |
4.2 Price Multiples
FC9's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FC9 is cheaper than 96.00% of the companies in the same industry.
76.00% of the companies in the same industry are more expensive than FC9, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.74 | ||
| EV/EBITDA | 4.56 |
4.3 Compensation for Growth
FC9 has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as FC9's earnings are expected to decrease with -22.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y-39.39%
EPS Next 3Y-22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.91%, FC9 has a reasonable but not impressive dividend return.
FC9's Dividend Yield is a higher than the industry average which is at 7.71.
FC9's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
On average, the dividend of FC9 grows each year by 7.84%, which is quite nice.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
11.17% of the earnings are spent on dividend by FC9. This is a low number and sustainable payout ratio.
DP11.17%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
FRA:FC9 (10/8/2025, 7:00:00 PM)
11.5
+0.1 (+0.88%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners4.69%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap113.50M
Analysts80
Price Target22.44 (95.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly Dividend0.25
Dividend Growth(5Y)7.84%
DP11.17%
Div Incr Years1
Div Non Decr Years1
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.16 | ||
| Fwd PE | 15.81 | ||
| P/S | 2.45 | ||
| P/FCF | 8.74 | ||
| P/OCF | 8.5 | ||
| P/B | 0.78 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 4.56 |
EPS(TTM)2.23
EY19.39%
EPS(NY)0.73
Fwd EY6.32%
FCF(TTM)1.32
FCFY11.44%
OCF(TTM)1.35
OCFY11.77%
SpS4.69
BVpS14.67
TBVpS14.2
PEG (NY)N/A
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.15% | ||
| ROE | 15.26% | ||
| ROCE | 8.35% | ||
| ROIC | 5.74% | ||
| ROICexc | 5.77% | ||
| ROICexgc | 5.84% | ||
| OM | 69.57% | ||
| PM (TTM) | 47.73% | ||
| GM | 101.31% | ||
| FCFM | 28.04% |
ROA(3y)3.27%
ROA(5y)3.11%
ROE(3y)11.32%
ROE(5y)11.11%
ROIC(3y)5.76%
ROIC(5y)5.93%
ROICexc(3y)5.83%
ROICexc(5y)6.07%
ROICexgc(3y)5.89%
ROICexgc(5y)6.13%
ROCE(3y)8.27%
ROCE(5y)8.48%
ROICexcg growth 3Y-0.92%
ROICexcg growth 5Y-1%
ROICexc growth 3Y-1.11%
ROICexc growth 5Y-1.22%
OM growth 3Y0.24%
OM growth 5Y2.4%
PM growth 3Y20.41%
PM growth 5Y15.53%
GM growth 3Y-0.12%
GM growth 5YN/A
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.83 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 32.26% | ||
| Cap/Sales | 0.82% | ||
| Interest Coverage | 2.29 | ||
| Cash Conversion | 40.02% | ||
| Profit Quality | 58.75% | ||
| Current Ratio | 0.4 | ||
| Quick Ratio | 0.35 | ||
| Altman-Z | 0.96 |
F-Score4
WACC10.38%
ROIC/WACC0.55
Cap/Depr(3y)132.31%
Cap/Depr(5y)246.7%
Cap/Sales(3y)3.58%
Cap/Sales(5y)4%
Profit Quality(3y)158.4%
Profit Quality(5y)129.71%
High Growth Momentum
Growth
EPS 1Y (TTM)198.07%
EPS 3Y20.86%
EPS 5Y8.98%
EPS Q2Q%5.02%
EPS Next Y-67.86%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.23%
Revenue growth 3Y0.98%
Revenue growth 5Y1.71%
Sales Q2Q%-29.23%
Revenue Next Year-34.38%
Revenue Next 2Y-17.64%
Revenue Next 3Y-10.87%
Revenue Next 5YN/A
EBIT growth 1Y-14.6%
EBIT growth 3Y1.22%
EBIT growth 5Y4.14%
EBIT Next Year-4.19%
EBIT Next 3Y0.77%
EBIT Next 5YN/A
FCF growth 1Y-41.91%
FCF growth 3Y21.84%
FCF growth 5YN/A
OCF growth 1Y-46%
OCF growth 3Y15.08%
OCF growth 5YN/A