PATRIZIA SE (PAT.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PAT - DE000PAT1AG3 - Common Stock
7.57 EUR
+0.19 (+2.57%)
PAT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 77 industry peers in the Real Estate Management & Development industry. While PAT has a great health rating, its profitability is only average at the moment. PAT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PAT has reported negative net income.
In the past year PAT had a positive cash flow from operations.
PAT had positive earnings in 4 of the past 5 years.
In the past 5 years PAT always reported a positive cash flow from operatings.
1.2 Ratios
PAT's Return On Assets of 1.93% is in line compared to the rest of the industry. PAT outperforms 59.74% of its industry peers.
The Return On Equity of PAT (3.06%) is comparable to the rest of the industry.
The Return On Invested Capital of PAT (1.57%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.93% | ||
| ROE | 3.06% | ||
| ROIC | 1.57% |
ROA(3y)0.26%
ROA(5y)1.01%
ROE(3y)0.42%
ROE(5y)1.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 12.62%, PAT is in line with its industry, outperforming 59.74% of the companies in the same industry.
In the last couple of years the Profit Margin of PAT has declined.
The Operating Margin of PAT (13.72%) is comparable to the rest of the industry.
With an excellent Gross Margin value of 92.83%, PAT belongs to the best of the industry, outperforming 89.61% of the companies in the same industry.
In the last couple of years the Gross Margin of PAT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.72% | ||
| PM (TTM) | 12.62% | ||
| GM | 92.83% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.6%
PM growth 5Y-17.61%
GM growth 3Y-0.22%
GM growth 5Y3.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PAT is destroying value.
PAT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PAT has less shares outstanding
Compared to 1 year ago, PAT has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.68, we must say that PAT is in the distress zone and has some risk of bankruptcy.
PAT has a Altman-Z score of 1.68. This is in the better half of the industry: PAT outperforms 76.62% of its industry peers.
PAT has a debt to FCF ratio of 6.26. This is a slightly negative value and a sign of low solvency as PAT would need 6.26 years to pay back of all of its debts.
PAT has a better Debt to FCF ratio (6.26) than 80.52% of its industry peers.
PAT has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
PAT has a Debt to Equity ratio of 0.29. This is in the better half of the industry: PAT outperforms 75.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 6.26 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.26
WACC5.99%
2.3 Liquidity
A Current Ratio of 2.59 indicates that PAT has no problem at all paying its short term obligations.
PAT has a better Current ratio (2.59) than 76.62% of its industry peers.
PAT has a Quick Ratio of 2.59. This indicates that PAT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.59, PAT belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.59 | ||
| Quick Ratio | 2.59 |
3. Growth
3.1 Past
The earnings per share for PAT have decreased strongly by -200.00% in the last year.
The earnings per share for PAT have been decreasing by -24.16% on average. This is quite bad
PAT shows a decrease in Revenue. In the last year, the revenue decreased by -5.16%.
The Revenue has been decreasing by -8.51% on average over the past years.
EPS 1Y (TTM)-200%
EPS 3Y-35.21%
EPS 5Y-24.16%
EPS Q2Q%120%
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y-7.02%
Revenue growth 5Y-8.51%
Sales Q2Q%5.85%
3.2 Future
Based on estimates for the next years, PAT will show a very strong growth in Earnings Per Share. The EPS will grow by 100.50% on average per year.
The Revenue is expected to grow by 1.37% on average over the next years.
EPS Next Y369.33%
EPS Next 2Y147.81%
EPS Next 3Y100.5%
EPS Next 5YN/A
Revenue Next Year-2.17%
Revenue Next 2Y1.47%
Revenue Next 3Y2.78%
Revenue Next 5Y1.37%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PAT. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 36.56, PAT can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as PAT.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, PAT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.56 |
4.2 Price Multiples
PAT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PAT is cheaper than 79.22% of the companies in the same industry.
63.64% of the companies in the same industry are more expensive than PAT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.87 | ||
| EV/EBITDA | 13.4 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as PAT's earnings are expected to grow with 100.50% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y147.81%
EPS Next 3Y100.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.74%, PAT is a good candidate for dividend investing.
PAT's Dividend Yield is a higher than the industry average which is at 7.45.
Compared to an average S&P500 Dividend Yield of 2.31, PAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.74% |
5.2 History
The dividend of PAT has a limited annual growth rate of 4.78%.
Dividend Growth(5Y)4.78%
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
93.27% of the earnings are spent on dividend by PAT. This is not a sustainable payout ratio.
The dividend of PAT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP93.27%
EPS Next 2Y147.81%
EPS Next 3Y100.5%
FRA:PAT (12/5/2025, 7:00:00 PM)
7.57
+0.19 (+2.57%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners16.68%
Inst Owner ChangeN/A
Ins Owners54.5%
Ins Owner ChangeN/A
Market Cap699.09M
Revenue(TTM)257.19M
Net Income(TTM)32.45M
Analysts84
Price Target10.21 (34.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.74% |
Yearly Dividend0.34
Dividend Growth(5Y)4.78%
DP93.27%
Div Incr Years1
Div Non Decr Years3
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)4.94%
PT rev (3m)6.11%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)19.4%
EPS NY rev (3m)18.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.78%
Revenue NY rev (3m)-1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.56 | ||
| P/S | 2.72 | ||
| P/FCF | 13.87 | ||
| P/OCF | 14.07 | ||
| P/B | 0.66 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 13.4 |
EPS(TTM)-0.05
EYN/A
EPS(NY)0.21
Fwd EY2.74%
FCF(TTM)0.55
FCFY7.21%
OCF(TTM)0.54
OCFY7.11%
SpS2.78
BVpS11.47
TBVpS7.86
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.93% | ||
| ROE | 3.06% | ||
| ROCE | 2.25% | ||
| ROIC | 1.57% | ||
| ROICexc | 1.74% | ||
| ROICexgc | 2.28% | ||
| OM | 13.72% | ||
| PM (TTM) | 12.62% | ||
| GM | 92.83% | ||
| FCFM | 19.6% |
ROA(3y)0.26%
ROA(5y)1.01%
ROE(3y)0.42%
ROE(5y)1.61%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-30.6%
PM growth 5Y-17.61%
GM growth 3Y-0.22%
GM growth 5Y3.27%
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 6.26 | ||
| Debt/EBITDA | 4.84 | ||
| Cap/Depr | 2.58% | ||
| Cap/Sales | 0.29% | ||
| Interest Coverage | 2.52 | ||
| Cash Conversion | 77.41% | ||
| Profit Quality | 155.37% | ||
| Current Ratio | 2.59 | ||
| Quick Ratio | 2.59 | ||
| Altman-Z | 1.68 |
F-Score6
WACC5.99%
ROIC/WACC0.26
Cap/Depr(3y)31.81%
Cap/Depr(5y)31.91%
Cap/Sales(3y)3.94%
Cap/Sales(5y)4.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-200%
EPS 3Y-35.21%
EPS 5Y-24.16%
EPS Q2Q%120%
EPS Next Y369.33%
EPS Next 2Y147.81%
EPS Next 3Y100.5%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y-7.02%
Revenue growth 5Y-8.51%
Sales Q2Q%5.85%
Revenue Next Year-2.17%
Revenue Next 2Y1.47%
Revenue Next 3Y2.78%
Revenue Next 5Y1.37%
EBIT growth 1Y231.51%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year339.04%
EBIT Next 3Y81.47%
EBIT Next 5YN/A
FCF growth 1Y-43.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-47.7%
OCF growth 3Y-21.47%
OCF growth 5Y-24.15%
PATRIZIA SE / PAT.DE FAQ
What is the ChartMill fundamental rating of PATRIZIA SE (PAT.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to PAT.DE.
Can you provide the valuation status for PATRIZIA SE?
ChartMill assigns a valuation rating of 4 / 10 to PATRIZIA SE (PAT.DE). This can be considered as Fairly Valued.
What is the profitability of PAT stock?
PATRIZIA SE (PAT.DE) has a profitability rating of 4 / 10.
How sustainable is the dividend of PATRIZIA SE (PAT.DE) stock?
The dividend rating of PATRIZIA SE (PAT.DE) is 6 / 10 and the dividend payout ratio is 93.27%.