PATRIZIA SE (PAT.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:PAT • DE000PAT1AG3
8.54 EUR
-0.18 (-2.06%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, PAT scores 4 out of 10 in our fundamental rating. PAT was compared to 66 industry peers in the Real Estate Management & Development industry. PAT has only an average score on both its financial health and profitability. PAT is valued expensive and 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.
- Each year in the past 5 years PAT had a positive operating cash flow.
1.2 Ratios
- PAT has a Return On Assets of 1.93%. This is comparable to the rest of the industry: PAT outperforms 54.93% of its industry peers.
- The Return On Equity of PAT (3.06%) is comparable to the rest of the industry.
- PAT has a Return On Invested Capital of 1.57%. This is comparable to the rest of the industry: PAT outperforms 47.89% of its industry peers.
| 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
- PAT has a Profit Margin (12.62%) which is comparable to the rest of the 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.
- PAT has a Gross Margin of 92.83%. This is amongst the best in the industry. PAT outperforms 88.73% of its industry peers.
- 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
- PAT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- PAT has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, PAT has less shares outstanding
- The debt/assets ratio for PAT has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.77, we must say that PAT is in the distress zone and has some risk of bankruptcy.
- PAT has a better Altman-Z score (1.77) than 78.87% 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.
- Looking at the Debt to FCF ratio, with a value of 6.26, PAT is in the better half of the industry, outperforming 78.87% of the companies in the same industry.
- A Debt/Equity ratio of 0.29 indicates that PAT is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.29, PAT is in the better half of the industry, outperforming 78.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 6.26 | ||
| Altman-Z | 1.77 |
ROIC/WACC0.25
WACC6.23%
2.3 Liquidity
- PAT has a Current Ratio of 2.59. This indicates that PAT is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.59, PAT is in the better half of the industry, outperforming 78.87% of the companies in the same industry.
- A Quick Ratio of 2.59 indicates that PAT has no problem at all paying its short term obligations.
- PAT has a Quick ratio of 2.59. This is amongst the best in the industry. PAT outperforms 84.51% of its industry peers.
| 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.
- Measured over the past years, PAT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.16% on average per year.
- PAT shows a decrease in Revenue. In the last year, the revenue decreased by -5.16%.
- Measured over the past years, PAT shows a decrease in Revenue. The Revenue has been decreasing by -8.51% on average per year.
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 104.94% on average per year.
- The Revenue is expected to grow by 1.37% on average over the next years.
EPS Next Y428.98%
EPS Next 2Y157.8%
EPS Next 3Y104.95%
EPS Next 5YN/A
Revenue Next Year-2.74%
Revenue Next 2Y1.18%
Revenue Next 3Y2.61%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for PAT. In the last year negative earnings were reported.
- PAT is valuated quite expensively with a Price/Forward Earnings ratio of 36.76.
- The rest of the industry has a similar Price/Forward Earnings ratio as PAT.
- When comparing the Price/Forward Earnings ratio of PAT to the average of the S&P500 Index (25.57), we can say PAT is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.76 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PAT is valued a bit cheaper than 78.87% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of PAT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.64 | ||
| EV/EBITDA | 14.79 |
4.3 Compensation for Growth
- PAT's 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 104.94% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y157.8%
EPS Next 3Y104.95%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.01%, PAT is a good candidate for dividend investing.
- PAT's Dividend Yield is a higher than the industry average which is at 4.55.
- Compared to an average S&P500 Dividend Yield of 1.83, PAT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
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.
- PAT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP93.27%
EPS Next 2Y157.8%
EPS Next 3Y104.95%
PATRIZIA SE / PAT.DE FAQ
What is the ChartMill fundamental rating of PATRIZIA SE (PAT.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to PAT.DE.
What is the valuation status of PATRIZIA SE (PAT.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to PATRIZIA SE (PAT.DE). This can be considered as Overvalued.
What is the profitability of PAT stock?
PATRIZIA SE (PAT.DE) has a profitability rating of 4 / 10.
Can you provide the dividend sustainability for PAT stock?
The dividend rating of PATRIZIA SE (PAT.DE) is 6 / 10 and the dividend payout ratio is 93.27%.