Grand City Properties (GYC) Stock Overview
Engages in the residential real estate business in Germany, the United Kingdom, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
GYC Community Fair Values
Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Grand City Properties S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €9.90 |
| 52 Week High | €11.58 |
| 52 Week Low | €8.55 |
| Beta | 1.01 |
| 1 Month Change | 10.99% |
| 3 Month Change | 3.45% |
| 1 Year Change | -10.97% |
| 3 Year Change | 37.12% |
| 5 Year Change | -56.73% |
| Change since IPO | 122.22% |
Recent News & Updates
Narrative Update • Jul 24
GYC: Liquidity Pressures Will Shape Potential Upside After Recent Downgrade
Analysts have reduced the fair value estimate for Grand City Properties from €12.93 to €11.08, reflecting updated views on liquidity constraints and revised price targets following recent research. Analyst Commentary Recent research on Grand City Properties centers on liquidity constraints and lower price targets, which directly feed into how analysts think about valuation risk and execution over the medium term.
Narrative Update • Jul 10
GYC: Liquidity Progress Will Likely Unlock Upside After Recent Downgrade
Analysts have cut their fair value estimate for Grand City Properties from €19.18 to €15.40, citing updated views on liquidity risks, discount rates, and earnings quality following recent price target reductions and rating changes. Analyst Commentary Recent commentary on Grand City Properties highlights a mix of caution around liquidity and a focus on how funding and balance sheet decisions could influence the valuation from here.
Narrative Update • Jun 26
GYC: Liquidity Concerns And Majority Stake Change Will Shape Future Outlook
Analysts have trimmed their price target for Grand City Properties to €1.06 from €1.09, reflecting increased caution around liquidity and a shift to a more neutral stance on the stock. Analyst Commentary on Grand City Properties Recent research updates on Grand City Properties point to a more cautious tone, with liquidity and valuation concerns moving to the foreground.Analysis Article • May 23
We Don’t Think Grand City Properties' (ETR:GYC) Earnings Should Make Shareholders Too Comfortable
Shareholders didn't seem to be thrilled with Grand City Properties S.A.'s ( ETR:GYC ) recent earnings report, despite...Recent updates
Narrative Update • Jul 24
GYC: Liquidity Pressures Will Shape Potential Upside After Recent Downgrade
Analysts have reduced the fair value estimate for Grand City Properties from €12.93 to €11.08, reflecting updated views on liquidity constraints and revised price targets following recent research. Analyst Commentary Recent research on Grand City Properties centers on liquidity constraints and lower price targets, which directly feed into how analysts think about valuation risk and execution over the medium term.Narrative Update • Jul 10
GYC: Liquidity Progress Will Likely Unlock Upside After Recent Downgrade
Analysts have cut their fair value estimate for Grand City Properties from €19.18 to €15.40, citing updated views on liquidity risks, discount rates, and earnings quality following recent price target reductions and rating changes. Analyst Commentary Recent commentary on Grand City Properties highlights a mix of caution around liquidity and a focus on how funding and balance sheet decisions could influence the valuation from here.Narrative Update • Jun 26
GYC: Liquidity Concerns And Majority Stake Change Will Shape Future Outlook
Analysts have trimmed their price target for Grand City Properties to €1.06 from €1.09, reflecting increased caution around liquidity and a shift to a more neutral stance on the stock. Analyst Commentary on Grand City Properties Recent research updates on Grand City Properties point to a more cautious tone, with liquidity and valuation concerns moving to the foreground.Analysis Article • May 23
We Don’t Think Grand City Properties' (ETR:GYC) Earnings Should Make Shareholders Too Comfortable
Shareholders didn't seem to be thrilled with Grand City Properties S.A.'s ( ETR:GYC ) recent earnings report, despite...Analysis Article • May 17
Some Analysts Just Cut Their Grand City Properties S.A. (ETR:GYC) Estimates
The latest analyst coverage could presage a bad day for Grand City Properties S.A. ( ETR:GYC ), with the analysts...Analysis Article • May 15
Here's What Analysts Are Forecasting For Grand City Properties S.A. (ETR:GYC) After Its First-Quarter Results
Grand City Properties S.A. ( ETR:GYC ) shareholders are probably feeling a little disappointed, since its shares fell...Analysis Article • Feb 07
At €9.77, Is It Time To Put Grand City Properties S.A. (ETR:GYC) On Your Watch List?
Grand City Properties S.A. ( ETR:GYC ), is not the largest company out there, but it saw significant share price...New Narrative • Feb 03
Housing Undersupply And Capital Recycling Will Support Long Term Rental Income Resilience
Catalysts About Grand City Properties Grand City Properties focuses on owning and managing residential rental properties in major German cities and London. What are the underlying business or industry changes driving this perspective?Analysis Article • Jan 10
Is Grand City Properties S.A. (ETR:GYC) Trading At A 22% Discount?
Key Insights Grand City Properties' estimated fair value is €13.03 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Nov 21
We Don’t Think Grand City Properties' (ETR:GYC) Earnings Should Make Shareholders Too Comfortable
Grand City Properties S.A. ( ETR:GYC ) posted some decent earnings, but shareholders didn't react strongly. We think...Analysis Article • Nov 18
Analysts Are Updating Their Grand City Properties S.A. (ETR:GYC) Estimates After Its Third-Quarter Results
As you might know, Grand City Properties S.A. ( ETR:GYC ) recently reported its quarterly numbers. Results were roughly...Analysis Article • Nov 04
Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 12
Is There Now An Opportunity In Grand City Properties S.A. (ETR:GYC)?
Grand City Properties S.A. ( ETR:GYC ), is not the largest company out there, but it saw its share price hover around a...Analysis Article • Aug 16
Revenue Beat: Grand City Properties S.A. Exceeded Revenue Forecasts By 16% And Analysts Are Updating Their Estimates
Last week saw the newest second-quarter earnings release from Grand City Properties S.A. ( ETR:GYC ), an important...Analysis Article • Jul 15
Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jun 17
Estimating The Fair Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Grand City Properties fair value estimate is €10.74 With...Analysis Article • May 22
We Think That There Are Some Issues For Grand City Properties (ETR:GYC) Beyond Its Promising Earnings
The market for Grand City Properties S.A.'s ( ETR:GYC ) stock was strong after it released a healthy earnings report...Analysis Article • Apr 15
Does Grand City Properties (ETR:GYC) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Feb 13
A Look At The Intrinsic Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Grand City Properties fair value estimate is €12.20 Current...Analysis Article • Jan 07
Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 17
Grand City Properties S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders might have noticed that Grand City Properties S.A. ( ETR:GYC ) filed its third-quarter result this time...Analysis Article • Sep 23
Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jul 27
A Look At The Fair Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Grand City Properties fair value estimate is €10.89 Grand City...Analysis Article • Jun 20
Shareholders May Be Wary Of Increasing Grand City Properties S.A.'s (ETR:GYC) CEO Compensation Package
Key Insights Grand City Properties to hold its Annual General Meeting on 26th of June Salary of €711.0k is part of CEO...Analysis Article • Apr 19
Estimating The Intrinsic Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights Grand City Properties' estimated fair value is €12.36 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Jan 18
A Look At The Fair Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights The projected fair value for Grand City Properties is €9.77 based on 2 Stage Free Cash Flow to Equity With...Analysis Article • Dec 18
Grand City Properties (ETR:GYC) Takes On Some Risk With Its Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Sep 28
A Look At The Intrinsic Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights The projected fair value for Grand City Properties is €8.82 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Aug 24
Is Grand City Properties (ETR:GYC) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 17
Is Grand City Properties (ETR:GYC) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Apr 14
A Look At The Fair Value Of Grand City Properties S.A. (ETR:GYC)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Grand City Properties fair value estimate is €8.00 Current...Analysis Article • Mar 19
Grand City Properties S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's been a sad week for Grand City Properties S.A. ( ETR:GYC ), who've watched their investment drop 15% to €7.35 in...Analysis Article • Jan 25
We Think Grand City Properties (ETR:GYC) Is Taking Some Risk With Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 04
Are Investors Undervaluing Grand City Properties S.A. (ETR:GYC) By 26%?
In this article we are going to estimate the intrinsic value of Grand City Properties S.A. ( ETR:GYC ) by taking the...Shareholder Returns
| GYC | DE Real Estate | DE Market | |
|---|---|---|---|
| 7D | 4.0% | 1.8% | 1.5% |
| 1Y | -11.0% | -17.9% | 0.8% |
Return vs Industry: GYC exceeded the German Real Estate industry which returned -17.9% over the past year.
Return vs Market: GYC underperformed the German Market which returned 0.8% over the past year.
Price Volatility
| GYC volatility | |
|---|---|
| GYC Average Weekly Movement | 4.2% |
| Real Estate Industry Average Movement | 4.7% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in DE Market | 12.8% |
| 10% least volatile stocks in DE Market | 2.8% |
Stable Share Price: GYC has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: GYC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 586 | Refael Zamir | www.grandcityproperties.com |
Grand City Properties S.A. engages in the residential real estate business in Germany, the United Kingdom, and internationally. It invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; and metropolitan regions of Dresden, Leipzig, and Halle. The company also engages in financing activities.
Grand City Properties S.A. Fundamentals Summary
| GYC fundamental statistics | |
|---|---|
| Market cap | €1.74b |
| Earnings (TTM) | €438.30m |
| Revenue (TTM) | €603.66m |
4.0x
P/E Ratio2.9x
P/S RatioIs GYC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GYC income statement (TTM) | |
|---|---|
| Revenue | €603.66m |
| Cost of Revenue | €254.91m |
| Gross Profit | €348.75m |
| Other Expenses | -€89.54m |
| Earnings | €438.30m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 12, 2026
| Earnings per share (EPS) | 2.49 |
| Gross Margin | 57.77% |
| Net Profit Margin | 72.61% |
| Debt/Equity Ratio | 75.1% |
How did GYC perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield12%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/29 23:12 |
| End of Day Share Price | 2026/07/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Grand City Properties S.A. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul May | Barclays |
| Kai Klose | Berenberg |
| Valerie Jacob Guezi | Bernstein |