ADL:XETRA-ADLER Real Estate AG (EUR)

COMMON STOCK | Real Estate Services | XETRA

Last Closing Price

EUR 8.20

Change

+0.80 (+10.81)%

Market Cap

EUR 0.50B

Volume

0.19M

Average Target Price

EUR 16.99 (+107.16%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

ADLER Real Estate AG is one of Germany's leading property companies.In recent years, the company has grown rapidly through acquisitions – the latest being the purchase of nearly 70 percent of the shares in Brack Capital Properties N.V. ADLER meanwhile owns more than 62,000 residential units. These are mostly located in northern and western Germany and offer affordable homes to tenants with medium to low incomes. Most of this portfolio is held and managed on a permanent basis. To this end, ADLER has established a professional, central asset management department and also proprietary property management companies that, from 2018 on, manage the entire portfolio. As group companies have also taken over the facility management in most locations, ADLER has become an integrated property group offering its tenants all relevant services from a single source. After the sale of its stake in ACCENTRO Real Estate AG, a company involved in trading with real estate, ADLER is fully focused on the letting business. ADLER is committed to generating value growth in the interests of its shareholders. With its stable financing structures and its SDAX listing, the company has built up a strong reputation on the capital markets which is reflected in a BB/positive outlook rating. ADLER Real Estate AG was formed out of Frankfurter Adlerwerke, a company with a rich history going back to the 19th Century.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-03-31 )

Largest Industry Peers for Real Estate Services

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
VNA:XETRA Vonovia SE

-0.15 (-0.33%)

EUR22.08B 18.95 31.95
LEG:XETRA LEG Immobilien AG

N/A

EUR7.09B 8.20 27.92
O5G:XETRA CPI Property Group S.A

N/A

EUR6.36B 9.80 29.23
AT1:XETRA Aroundtown SA

+0.24 (+5.54%)

EUR5.57B 4.11 15.99
GYC:XETRA Grand City Properties S.A

+0.56 (+3.01%)

EUR3.23B 8.38 21.69
TEG:XETRA TAG Immobilien AG

+0.90 (+5.25%)

EUR2.51B 5.91 24.34
PAT:XETRA Patrizia AG

+0.58 (+2.84%)

EUR1.97B 35.15 19.74
TLG:XETRA TLG Immobilien AG

+0.32 (+2.25%)

EUR1.62B 3.30 20.06
T1L:XETRA S IMMO AG

+0.62 (+3.65%)

EUR1.28B 4.11 23.18
ADJ:XETRA ADO Properties S.A

+3.67 (+21.68%)

EUR0.91B 1.89 25.20

ETFs Containing ADL

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Real Estate Services)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -39.71% 17% F 9% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -39.71% 17% F 9% F
Trailing 12 Months  
Capital Gain -38.16% 25% F 13% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -38.16% 20% F 12% F
Trailing 5 Years  
Capital Gain -27.31% 20% F 27% F
Dividend Return 0.35% 10% F 2% F
Total Return -26.96% 20% F 24% F
Average Annual (5 Year Horizon)  
Capital Gain 3.71% 24% F 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.71% 24% F 59% F
Risk Return Profile  
Volatility (Standard Deviation) 17.66% 48% F 33% F
Risk Adjusted Return 20.99% 24% F 44% F
Market Capitalization 0.50B 36% F 63% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Real Estate Services)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1.45 100% A+ 99% A+
Price/Book Ratio 0.35 96% A 94% A
Price / Cash Flow Ratio 3.79 74% C 62% D-
EV/EBITDA 31.51 24% F 8% F
Management Effectiveness  
Return on Equity 27.65% 84% B 90% A-
Return on Invested Capital 0.22% 28% F 19% F
Return on Assets 1.46% 32% F 33% F
Debt to Equity Ratio 292.48% 8% F 3% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 0.85 13% F 69% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (EUR)

Quarterly Financials (EUR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.