TAG IMMOBILIEN AG (TEG.DE) Stock Fundamental Analysis
FRA:TEG - Deutsche Boerse Ag - DE0008303504 - Common Stock - Currency: EUR
TEG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 64 industry peers in the Real Estate Management & Development industry. There are concerns on the financial health of TEG while its profitability can be described as average. TEG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year TEG was profitable.
In the past year TEG had a positive cash flow from operations.
Of the past 5 years TEG 4 years were profitable.
TEG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TEG (1.56%) is better than 62.50% of its industry peers.
TEG's Return On Equity of 4.01% is fine compared to the rest of the industry. TEG outperforms 65.63% of its industry peers.
With a decent Return On Invested Capital value of 2.36%, TEG is doing good in the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TEG is below the industry average of 4.70%.
The last Return On Invested Capital (2.36%) for TEG is above the 3 year average (2.21%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 4.01% | ||
| ROIC | 2.36% |
ROA(3y)-0.83%
ROA(5y)2.32%
ROE(3y)-2.07%
ROE(5y)5.54%
ROIC(3y)2.21%
ROIC(5y)2.25%
1.3 Margins
TEG has a better Profit Margin (25.61%) than 79.69% of its industry peers.
In the last couple of years the Profit Margin of TEG has declined.
TEG has a Operating Margin of 45.31%. This is in the better half of the industry: TEG outperforms 75.00% of its industry peers.
In the last couple of years the Operating Margin of TEG has declined.
TEG has a Gross Margin of 70.54%. This is in the better half of the industry: TEG outperforms 73.44% of its industry peers.
In the last couple of years the Gross Margin of TEG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.31% | ||
| PM (TTM) | 25.61% | ||
| GM | 70.54% |
OM growth 3Y-2.65%
OM growth 5Y-3.15%
PM growth 3Y-41.9%
PM growth 5Y-25.29%
GM growth 3Y1.13%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TEG is destroying value.
Compared to 1 year ago, TEG has about the same amount of shares outstanding.
TEG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TEG is higher compared to a year ago.
2.2 Solvency
TEG has an Altman-Z score of 0.87. This is a bad value and indicates that TEG is not financially healthy and even has some risk of bankruptcy.
TEG has a Altman-Z score (0.87) which is comparable to the rest of the industry.
TEG has a Debt/Equity ratio of 0.88. This is a neutral value indicating TEG is somewhat dependend on debt financing.
TEG has a Debt to Equity ratio (0.88) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACC0.62
WACC3.79%
2.3 Liquidity
TEG has a Current Ratio of 1.05. This is a normal value and indicates that TEG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.05, TEG is doing worse than 60.94% of the companies in the same industry.
TEG has a Quick Ratio of 1.05. This is a bad value and indicates that TEG is not financially healthy enough and could expect problems in meeting its short term obligations.
TEG's Quick ratio of 0.60 is in line compared to the rest of the industry. TEG outperforms 42.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
TEG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 122.61%, which is quite impressive.
Measured over the past years, TEG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.78% on average per year.
Looking at the last year, TEG shows a small growth in Revenue. The Revenue has grown by 2.32% in the last year.
Measured over the past years, TEG shows a small growth in Revenue. The Revenue has been growing by 3.13% on average per year.
EPS 1Y (TTM)122.61%
EPS 3Y-42.69%
EPS 5Y-24.78%
EPS Q2Q%159.62%
Revenue 1Y (TTM)2.32%
Revenue growth 3Y2.68%
Revenue growth 5Y3.13%
Sales Q2Q%1.76%
3.2 Future
The Earnings Per Share is expected to grow by 10.13% on average over the next years. This is quite good.
Based on estimates for the next years, TEG will show a small growth in Revenue. The Revenue will grow by 1.20% on average per year.
EPS Next Y25.57%
EPS Next 2Y18.92%
EPS Next 3Y10.13%
EPS Next 5YN/A
Revenue Next Year13.83%
Revenue Next 2Y17.61%
Revenue Next 3Y5.63%
Revenue Next 5Y1.2%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 28.86 indicates a quite expensive valuation of TEG.
Compared to the rest of the industry, the Price/Earnings ratio of TEG is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.10, TEG is valued at the same level.
A Price/Forward Earnings ratio of 11.66 indicates a reasonable valuation of TEG.
75.00% of the companies in the same industry are more expensive than TEG, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TEG to the average of the S&P500 Index (20.74), we can say TEG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.86 | ||
| Fwd PE | 11.66 |
4.2 Price Multiples
60.94% of the companies in the same industry are more expensive than TEG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 25.03 |
4.3 Compensation for Growth
TEG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of TEG may justify a higher PE ratio.
PEG (NY)1.13
PEG (5Y)N/A
EPS Next 2Y18.92%
EPS Next 3Y10.13%
5. Dividend
5.1 Amount
TEG has a Yearly Dividend Yield of 2.80%. Purely for dividend investing, there may be better candidates out there.
TEG's Dividend Yield is comparable with the industry average which is at 7.23.
TEG's Dividend Yield is comparable with the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y18.92%
EPS Next 3Y10.13%
FRA:TEG (5/6/2025, 2:07:22 PM)
14.43
-0.21 (-1.43%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners72.82%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.53B
Analysts80
Price Target16.56 (14.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.8% |
Yearly Dividend0
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)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)-7.59%
PT rev (3m)-6.72%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)5.51%
EPS NY rev (3m)2.78%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)9.44%
Revenue NY rev (3m)-1.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.86 | ||
| Fwd PE | 11.66 | ||
| P/S | 5.35 | ||
| P/FCF | N/A | ||
| P/OCF | 17.83 | ||
| P/B | 0.84 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 25.03 |
EPS(TTM)0.5
EY3.47%
EPS(NY)1.24
Fwd EY8.58%
FCF(TTM)-0.44
FCFYN/A
OCF(TTM)0.81
OCFY5.61%
SpS2.7
BVpS17.21
TBVpS15.56
PEG (NY)1.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.56% | ||
| ROE | 4.01% | ||
| ROCE | 3.35% | ||
| ROIC | 2.36% | ||
| ROICexc | 2.61% | ||
| ROICexgc | 2.74% | ||
| OM | 45.31% | ||
| PM (TTM) | 25.61% | ||
| GM | 70.54% | ||
| FCFM | N/A |
ROA(3y)-0.83%
ROA(5y)2.32%
ROE(3y)-2.07%
ROE(5y)5.54%
ROIC(3y)2.21%
ROIC(5y)2.25%
ROICexc(3y)2.33%
ROICexc(5y)2.36%
ROICexgc(3y)2.44%
ROICexgc(5y)2.43%
ROCE(3y)3.14%
ROCE(5y)3.2%
ROICexcg growth 3Y6.58%
ROICexcg growth 5Y-0.9%
ROICexc growth 3Y4.89%
ROICexc growth 5Y-1.9%
OM growth 3Y-2.65%
OM growth 5Y-3.15%
PM growth 3Y-41.9%
PM growth 5Y-25.29%
GM growth 3Y1.13%
GM growth 5Y0.07%
F-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 11.74 | ||
| Cap/Depr | 1715.19% | ||
| Cap/Sales | 46.19% | ||
| Interest Coverage | 3.57 | ||
| Cash Conversion | 62.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.87 |
F-Score7
WACC3.79%
ROIC/WACC0.62
Cap/Depr(3y)619.01%
Cap/Depr(5y)433.4%
Cap/Sales(3y)16.55%
Cap/Sales(5y)11.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)122.61%
EPS 3Y-42.69%
EPS 5Y-24.78%
EPS Q2Q%159.62%
EPS Next Y25.57%
EPS Next 2Y18.92%
EPS Next 3Y10.13%
EPS Next 5YN/A
Revenue 1Y (TTM)2.32%
Revenue growth 3Y2.68%
Revenue growth 5Y3.13%
Sales Q2Q%1.76%
Revenue Next Year13.83%
Revenue Next 2Y17.61%
Revenue Next 3Y5.63%
Revenue Next 5Y1.2%
EBIT growth 1Y2.91%
EBIT growth 3Y-0.04%
EBIT growth 5Y-0.12%
EBIT Next Year111.4%
EBIT Next 3Y27.13%
EBIT Next 5Y17.01%
FCF growth 1Y-126.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-51.35%
OCF growth 3Y-4.69%
OCF growth 5Y-1.66%