Financials Deutsche Real Estate AG

Equities

DRE2

DE0008055021

Real Estate Development & Operations

Delayed Deutsche Boerse AG 03:39:08 2024-04-11 am EDT 5-day change 1st Jan Change
7.4 EUR -6.92% Intraday chart for Deutsche Real Estate AG 0.00% -19.57%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 84.39 236.7 189.4 292.3 218.2 189.4
Enterprise Value (EV) 1 277.4 197.9 164.9 271 196.5 168.7
P/E ratio 0.43 x 3.8 x 6.26 x 13.8 x -14.7 x -4.36 x
Yield - - 0.43% 0.28% - -
Capitalization / Revenue 2.73 x 7.18 x 7.04 x 12.2 x 8.19 x 6.02 x
EV / Revenue 8.97 x 6 x 6.13 x 11.3 x 7.38 x 5.36 x
EV / EBITDA 13.8 x 9.73 x 10.4 x 20 x 15.3 x 12.2 x
EV / FCF 5.32 x 5.25 x -3.56 x 12.1 x 170 x -136 x
FCF Yield 18.8% 19.1% -28.1% 8.23% 0.59% -0.74%
Price to Book 0.25 x 0.58 x 0.43 x 0.64 x 0.5 x 0.48 x
Nbr of stocks (in thousands) 20,582 20,582 20,582 20,582 20,582 20,582
Reference price 2 4.100 11.50 9.200 14.20 10.60 9.200
Announcement Date 3/27/19 3/27/20 4/7/21 3/25/22 3/27/23 3/22/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 30.94 32.97 26.9 23.98 26.64 31.48
EBITDA 1 20.1 20.34 15.84 13.52 12.81 13.84
EBIT 1 20.07 20.3 15.8 13.49 12.78 13.82
Operating Margin 64.87% 61.58% 58.75% 56.25% 47.98% 43.89%
Earnings before Tax (EBT) 1 234.8 73.99 35.98 24.95 -17.58 -51.17
Net income 1 198.2 62.45 30.32 21.26 -14.77 -43.33
Net margin 640.46% 189.43% 112.74% 88.65% -55.45% -137.66%
EPS 2 9.628 3.030 1.470 1.030 -0.7200 -2.110
Free Cash Flow 1 52.12 37.72 -46.32 22.32 1.154 -1.242
FCF margin 168.44% 114.42% -172.24% 93.04% 4.33% -3.95%
FCF Conversion (EBITDA) 259.27% 185.49% - 165.02% 9.01% -
FCF Conversion (Net income) 26.3% 60.4% - 104.96% - -
Dividend per Share - - 0.0400 0.0400 - -
Announcement Date 3/27/19 3/27/20 4/7/21 3/25/22 3/27/23 3/22/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 193 - - - - -
Net Cash position 1 - 38.8 24.4 21.3 21.7 20.6
Leverage (Debt/EBITDA) 9.604 x - - - - -
Free Cash Flow 1 52.1 37.7 -46.3 22.3 1.15 -1.24
ROE (net income / shareholders' equity) 81.5% 16.7% 7.21% 4.77% -3.29% -10.4%
ROA (Net income/ Total Assets) 2.41% 2.3% 1.92% 1.56% 1.47% 1.65%
Assets 1 8,217 2,719 1,577 1,367 -1,006 -2,625
Book Value Per Share 2 16.70 19.70 21.20 22.20 21.40 19.20
Cash Flow per Share 2 0.3900 2.680 1.970 1.790 1.780 3.120
Capex 1 0.03 0.04 0.02 0 - 0.01
Capex / Sales 0.09% 0.12% 0.06% 0.01% - 0.02%
Announcement Date 3/27/19 3/27/20 4/7/21 3/25/22 3/27/23 3/22/24
1EUR in Million2EUR
Estimates
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