TAG IMMOBILIEN AG (TEG.DE) Stock Fundamental Analysis
FRA:TEG - Deutsche Boerse Ag - DE0008303504 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to TEG. TEG was compared to 74 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 decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years TEG had a positive operating cash flow.
1.2 Ratios
TEG has a Return On Assets of 1.31%. This is in the better half of the industry: TEG outperforms 66.22% of its industry peers.
TEG has a Return On Equity of 3.48%. This is in the better half of the industry: TEG outperforms 67.57% of its industry peers.
With a decent Return On Invested Capital value of 2.30%, TEG is doing good in the industry, outperforming 66.22% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TEG is in line with the industry average of 4.02%.
The last Return On Invested Capital (2.30%) for TEG is above the 3 year average (2.21%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 3.48% | ||
| ROIC | 2.3% |
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
Looking at the Profit Margin, with a value of 22.55%, TEG is in the better half of the industry, outperforming 77.03% of the companies in the same industry.
TEG's Profit Margin has declined in the last couple of years.
TEG has a better Operating Margin (44.95%) than 75.68% of its industry peers.
In the last couple of years the Operating Margin of TEG has declined.
Looking at the Gross Margin, with a value of 70.31%, TEG is in the better half of the industry, outperforming 68.92% of the companies in the same industry.
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 | 44.95% | ||
| PM (TTM) | 22.55% | ||
| GM | 70.31% |
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.
Compared to 5 years ago, TEG has more shares outstanding
The debt/assets ratio for TEG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.85, we must say that TEG is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of TEG (0.85) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.89 indicates that TEG is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.89, TEG is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.85 |
ROIC/WACC0.62
WACC3.71%
2.3 Liquidity
TEG has a Current Ratio of 1.09. This is a normal value and indicates that TEG is financially healthy and should not expect problems in meeting its short term obligations.
TEG's Current ratio of 1.09 is on the low side compared to the rest of the industry. TEG is outperformed by 62.16% of its industry peers.
TEG has a Quick Ratio of 1.09. This is a bad value and indicates that TEG is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.70, TEG perfoms like the industry average, outperforming 45.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
TEG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 120.47%, which is quite impressive.
TEG shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.78% yearly.
Looking at the last year, TEG shows a small growth in Revenue. The Revenue has grown by 3.08% in the last year.
The Revenue has been growing slightly by 3.13% on average over the past years.
EPS 1Y (TTM)120.47%
EPS 3Y-42.69%
EPS 5Y-24.78%
EPS Q2Q%-25%
Revenue 1Y (TTM)3.08%
Revenue growth 3Y2.68%
Revenue growth 5Y3.13%
Sales Q2Q%3.35%
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 Year46.39%
Revenue Next 2Y17.55%
Revenue Next 3Y5.52%
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
Based on the Price/Earnings ratio of 34.81, the valuation of TEG can be described as expensive.
Based on the Price/Earnings ratio, TEG is valued a bit cheaper than 63.51% of the companies in the same industry.
When comparing the Price/Earnings ratio of TEG to the average of the S&P500 Index (26.19), we can say TEG is valued slightly more expensively.
With a Price/Forward Earnings ratio of 10.74, the valuation of TEG can be described as very reasonable.
Based on the Price/Forward Earnings ratio, TEG is valued a bit cheaper than 79.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.13. TEG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.81 | ||
| Fwd PE | 10.74 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TEG is valued a bit cheaper than 64.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 24.96 |
4.3 Compensation for Growth
The 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)1.36
PEG (5Y)N/A
EPS Next 2Y18.92%
EPS Next 3Y10.13%
5. Dividend
5.1 Amount
TEG has a Yearly Dividend Yield of 2.81%.
Compared to an average industry Dividend Yield of 7.70, TEG pays a bit more dividend than its industry peers.
TEG's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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 (5/30/2025, 2:38:48 PM)
14.97
+0.13 (+0.84%)
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 Cap2.63B
Analysts80
Price Target16.71 (11.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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)-6.24%
PT rev (3m)-5.84%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.82%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)28.61%
Revenue NY rev (3m)26.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.81 | ||
| Fwd PE | 10.74 | ||
| P/S | 5.51 | ||
| P/FCF | N/A | ||
| P/OCF | 23.58 | ||
| P/B | 0.85 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | 24.96 |
EPS(TTM)0.43
EY2.87%
EPS(NY)1.39
Fwd EY9.31%
FCF(TTM)-0.95
FCFYN/A
OCF(TTM)0.63
OCFY4.24%
SpS2.72
BVpS17.63
TBVpS15.94
PEG (NY)1.36
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 3.48% | ||
| ROCE | 3.27% | ||
| ROIC | 2.3% | ||
| ROICexc | 2.72% | ||
| ROICexgc | 2.87% | ||
| OM | 44.95% | ||
| PM (TTM) | 22.55% | ||
| GM | 70.31% | ||
| 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 | 0.89 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 12.14 | ||
| Cap/Depr | 2120.38% | ||
| Cap/Sales | 58.31% | ||
| Interest Coverage | 2.81 | ||
| Cash Conversion | 48.97% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 0.85 |
F-Score7
WACC3.71%
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)120.47%
EPS 3Y-42.69%
EPS 5Y-24.78%
EPS Q2Q%-25%
EPS Next Y25.57%
EPS Next 2Y18.92%
EPS Next 3Y10.13%
EPS Next 5YN/A
Revenue 1Y (TTM)3.08%
Revenue growth 3Y2.68%
Revenue growth 5Y3.13%
Sales Q2Q%3.35%
Revenue Next Year46.39%
Revenue Next 2Y17.55%
Revenue Next 3Y5.52%
Revenue Next 5Y1.2%
EBIT growth 1Y3.18%
EBIT growth 3Y-0.04%
EBIT growth 5Y-0.12%
EBIT Next Year107.01%
EBIT Next 3Y37.37%
EBIT Next 5Y17.01%
FCF growth 1Y-213.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-32.99%
OCF growth 3Y-4.69%
OCF growth 5Y-1.66%