View ValuationUBM Development 将来の成長Future 基準チェック /46UBM Development利益と収益がそれぞれ年間72.3%と19.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に4.3% 72.3%なると予測されています。主要情報72.3%収益成長率72.32%EPS成長率Real Estate 収益成長0.3%収益成長率19.7%将来の株主資本利益率4.30%アナリストカバレッジLow最終更新日19 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Dec 09UBM Development AG, Annual General Meeting, May 21, 2026UBM Development AG, Annual General Meeting, May 21, 2026.お知らせ • Jun 05+ 3 more updatesUBM Development AG to Report Q3, 2026 Results on Nov 26, 2026UBM Development AG announced that they will report Q3, 2026 results on Nov 26, 2026お知らせ • Jan 27UBM Development AG, Annual General Meeting, May 21, 2025UBM Development AG, Annual General Meeting, May 21, 2025.New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.07x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).Board Change • Dec 30No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 8 highly experienced directors. No independent directors (4 non-independent directors). Independent Supervisory Board Chairman Karl-Heinz Strauss is the most experienced director on the board, commencing their role in 2011. Independent Supervisory Board Member Susanne Weiss was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Aug 30Second quarter 2024 earnings released: €0.79 loss per share (vs €4.19 loss in 2Q 2023)Second quarter 2024 results: €0.79 loss per share (improved from €4.19 loss in 2Q 2023). Revenue: €23.4m (up 17% from 2Q 2023). Net loss: €4.49m (loss narrowed 86% from 2Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.お知らせ • Jun 05+ 3 more updatesUBM Development AG to Report Fiscal Year 2024 Results on Apr 11, 2025UBM Development AG announced that they will report fiscal year 2024 results on Apr 11, 2025Reported Earnings • May 30First quarter 2024 earnings released: €1.27 loss per share (vs €0.15 loss in 1Q 2023)First quarter 2024 results: €1.27 loss per share (further deteriorated from €0.15 loss in 1Q 2023). Revenue: €18.1m (flat on 1Q 2023). Net loss: €9.48m (loss widened €8.34m from 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 12Full year 2023 earnings released: €7.03 loss per share (vs €2.25 profit in FY 2022)Full year 2023 results: €7.03 loss per share (down from €2.25 profit in FY 2022). Revenue: €122.3m (down 8.7% from FY 2022). Net loss: €46.6m (down 377% from profit in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Mar 13Vienna Insurance Group AG (WBAG:VIG) acquired remaining 43% stake in Palais Hansen Immobilienentwicklung GmbH from Warimpex Finanz- und Beteiligungs AG (WBAG:WXF) and UBM Development AG (WBAG:UBS).Vienna Insurance Group AG (WBAG:VIG) acquired remaining 43% stake in Palais Hansen Immobilienentwicklung GmbH from Warimpex Finanz- und Beteiligungs AG (WBAG:WXF) and UBM Development AG (WBAG:UBS) on March 12, 2024.Vienna Insurance Group AG (WBAG:VIG) completed the acquisition of remaining 43% stake in Palais Hansen Immobilienentwicklung GmbH from Warimpex Finanz- und Beteiligungs AG (WBAG:WXF) and UBM Development AG (WBAG:UBS) on March 12, 2024.Reported Earnings • Nov 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €16.9m (down 42% from 3Q 2022). Net income: €14.4m (up €18.1m from 3Q 2022). Profit margin: 85% (up from net loss in 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.お知らせ • Oct 28+ 3 more updatesUBM Development AG, Annual General Meeting, May 21, 2024UBM Development AG, Annual General Meeting, May 21, 2024.Reported Earnings • Sep 01Second quarter 2023 earnings released: €4.19 loss per share (vs €1.17 profit in 2Q 2022)Second quarter 2023 results: €4.19 loss per share (down from €1.17 profit in 2Q 2022). Revenue: €21.2m (down 62% from 2Q 2022). Net loss: €30.0m (down 442% from profit in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Buying Opportunity • Aug 23Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €27.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 65% in 2 years. Earnings is forecast to grow by 121% in the next 2 years.Buying Opportunity • Jul 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be €31.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 84% in 2 years. Earnings is forecast to grow by 132% in the next 2 years.Reported Earnings • May 26First quarter 2023 earnings released: EPS: €0.15 (vs €0.32 in 1Q 2022)First quarter 2023 results: EPS: €0.15 (down from €0.32 in 1Q 2022). Revenue: €23.0m (down 25% from 1Q 2022). Net loss: €1.14m (down 148% from profit in 1Q 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 22% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • May 19UBM Development AG Announces Resignation of Martin Löcker as Member of the Management Board and COO, Effective June 30, 2023Martin Löcker, Member of the Management Board and COO of UBM Development AG, has resigned from the Management Board prematurely, effective as of 30 June 2023.Upcoming Dividend • May 17Upcoming dividend of €1.10 per share at 3.4% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).Reported Earnings • Apr 18Full year 2022 earnings released: EPS: €2.25 (vs €4.50 in FY 2021)Full year 2022 results: EPS: €2.25 (down from €4.50 in FY 2021). Revenue: €172.1m (down 38% from FY 2021). Net income: €25.9m (down 23% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Buying Opportunity • Apr 05Now 20% undervaluedOver the last 90 days, the stock is up 9.7%. The fair value is estimated to be €32.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 43% in 2 years. Earnings is forecast to grow by 195% in the next 2 years.Reported Earnings • Nov 26Third quarter 2022 earnings released: €0.49 loss per share (vs €0.77 profit in 3Q 2021)Third quarter 2022 results: €0.49 loss per share (down from €0.77 profit in 3Q 2021). Revenue: €36.2m (down 49% from 3Q 2021). Net loss: €3.68m (down 164% from profit in 3Q 2021). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Nov 15UBM Development AG to Report Fiscal Year 2022 Results on Mar 29, 2023UBM Development AG announced that they will report fiscal year 2022 results on Mar 29, 2023お知らせ • Sep 01+ 2 more updatesUBM Development AG to Report Q1, 2023 Results on May 25, 2023UBM Development AG announced that they will report Q1, 2023 results on May 25, 2023Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: €1.17 (vs €1.90 in 2Q 2021)Second quarter 2022 results: EPS: €1.17 (down from €1.90 in 2Q 2021). Revenue: €65.8m (down 38% from 2Q 2021). Net income: €8.77m (down 38% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 49% compared to a 48% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €33.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Real Estate industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.37 per share.Reported Earnings • May 26First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €39.2m (down 6.5% from 1Q 2021). Net income: €4.83m (down 46% from 1Q 2021). Profit margin: 12% (down from 21% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the next year, revenue is forecast to grow 31% compared to a 42% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • May 12Upcoming dividend of €2.25 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (4.2%).Reported Earnings • Apr 09Full year 2021 earnings released: EPS: €4.50 (vs €4.39 in FY 2020)Full year 2021 results: EPS: €4.50 (up from €4.39 in FY 2020). Revenue: €326.1m (up 78% from FY 2020). Net income: €42.2m (up 29% from FY 2020). Profit margin: 13% (down from 18% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3% compared to a 34% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Buying Opportunity • Jan 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be €53.98, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% per annum over the last 3 years. Earnings per share has declined by 9.6% per annum over the last 3 years.Buying Opportunity • Jan 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be €53.98, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% per annum over the last 3 years. Earnings per share has declined by 9.6% per annum over the last 3 years.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS €1.90 (vs €0.25 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €118.2m (up 209% from 2Q 2020). Net income: €16.0m (up €14.1m from 2Q 2020). Profit margin: 14% (up from 4.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 26First quarter 2021 earnings released: EPS €1.20 (vs €2.74 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: €49.1m (up 19% from 1Q 2020). Net income: €10.7m (down 48% from 1Q 2020). Profit margin: 22% (down from 50% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.Upcoming Dividend • May 26Upcoming dividend of €2.20 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 04 June 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.0%).Reported Earnings • Apr 25Full year 2020 earnings released: EPS €4.39 (vs €7.10 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €219.4m (down 9.3% from FY 2019). Net income: €39.8m (down 25% from FY 2019). Profit margin: 18% (down from 22% in FY 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 10New 90-day high: €38.60The company is up 21% from its price of €31.90 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.96 per share.Is New 90 Day High Low • Jan 06New 90-day high: €36.00The company is up 22% from its price of €29.60 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.74 per share.Analyst Estimate Surprise Post Earnings • Nov 28Revenue misses expectationsRevenue missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 37% compared to a 31% decline forecast for the Real Estate industry in Germany.Reported Earnings • Nov 28Third quarter 2020 earnings released: EPS €0.64The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €56.3m (down 38% from 3Q 2019). Net income: €6.60m (down 62% from 3Q 2019). Profit margin: 12% (down from 19% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Nov 24HanseMerkur Grundvermögen AG acquired F.A.Z. Tower in Frankfurt from UBM Development AG (WBAG:UBS) for approximately €200 million.HanseMerkur Grundvermögen AG acquired F.A.Z. Tower in Frankfurt from UBM Development AG (WBAG:UBS) for approximately €200 million on November 23, 2020. HanseMerkur Grundvermögen AG acquired the tower for one of its investment vehicles. HanseMerkur Grundvermögen AG completed the acquisition of F.A.Z. Tower in Frankfurt from UBM Development AG (WBAG:UBS) on November 23, 2020.Is New 90 Day High Low • Nov 24New 90-day high: €34.80The company is up 15% from its price of €30.30 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.03 per share.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 19% share price gain to €31.50, the stock is trading at a trailing P/E ratio of 4.2x, up from the previous P/E ratio of 3.6x. This compares to an average P/E of 11x in the Real Estate industry in Germany. Total return to shareholders over the past three years is a loss of 5.9%.Is New 90 Day High Low • Oct 30New 90-day low: €27.20The company is down 3.0% from its price of €27.90 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.42 per share.お知らせ • Oct 05+ 1 more updateUBM Realitatsentwicklung AG to Report First Half, 2010 Results on 08/31/2010UBM Realitatsentwicklung AG announced that they will report first half 2, 2010 results on 08/31/2010お知らせ • Sep 09+ 2 more updatesUBM Development AG to Report First Half, 2021 Results on Aug 25, 2021UBM Development AG announced that they will report first half, 2021 results on Aug 25, 2021お知らせ • Aug 28UBM Development AG to Report Fiscal Year 2020 Results on Apr 23, 2021UBM Development AG announced that they will report fiscal year 2020 results at 8:09 AM, GMT Standard Time on Apr 23, 2021業績と収益の成長予測DB:2U2 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028299222927312/31/2027254287652412/31/202618298615212/31/2025139-10-3310N/A9/30/2025140-25-635N/A6/30/2025123-30-1920N/A3/31/2025116-31-3112N/A12/31/2024106-36-3111N/A9/30/202486-53-81-61N/A6/30/202490-35-56-14N/A3/31/202488-61-82-37N/A12/31/202385-52-93-54N/A9/30/202381-10-94-40N/A6/30/202386-27-99-65N/A3/31/202312113-52-30N/A12/31/202213417-103-71N/A9/30/202217512-85-49N/A6/30/202221722-77-13N/A3/31/202226727-114-50N/A12/31/202127834-107-46N/A9/30/202127534-163-84N/A6/30/202125134-164-112N/A3/31/202118421-143-97N/A12/31/202018333-78-35N/A9/30/202018639-111-32N/A6/30/202023049-1177N/A3/31/202024762-1287N/A12/31/201924246-178-40N/A9/30/201925047N/A73N/A6/30/201923840N/A70N/A3/31/201937437N/A114N/A12/31/201851440N/A114N/A9/30/201851543N/A29N/A6/30/201849840N/A-8N/A3/31/201845538N/A-26N/A12/31/201736536N/A2N/A9/30/201733733N/A-5N/A6/30/201746133N/A22N/A3/31/201742329N/A41N/A12/31/201641729N/A42N/A9/30/201648534N/A123N/A6/30/201638938N/A96N/A3/31/201633435N/A36N/A12/31/201530934N/A14N/A9/30/201527024N/A-59N/A6/30/201524723N/A-69N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2U2は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 2U2今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 2U2今後 3 年以内に収益を上げることが予想されます。収益対市場: 2U2の収益 ( 19.7% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: 2U2の収益 ( 19.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2U2の 自己資本利益率 は、3年後には低くなると予測されています ( 4.3 %)。成長企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 19:35終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋UBM Development AG 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Christoph SchultesErste Group Bank AGChristian BrunsMontega AGMatthias DesmaraisODDO BHF Corporate & Markets6 その他のアナリストを表示
お知らせ • Dec 09UBM Development AG, Annual General Meeting, May 21, 2026UBM Development AG, Annual General Meeting, May 21, 2026.
お知らせ • Jun 05+ 3 more updatesUBM Development AG to Report Q3, 2026 Results on Nov 26, 2026UBM Development AG announced that they will report Q3, 2026 results on Nov 26, 2026
お知らせ • Jan 27UBM Development AG, Annual General Meeting, May 21, 2025UBM Development AG, Annual General Meeting, May 21, 2025.
New Risk • Jan 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.07x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change).
Board Change • Dec 30No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 8 highly experienced directors. No independent directors (4 non-independent directors). Independent Supervisory Board Chairman Karl-Heinz Strauss is the most experienced director on the board, commencing their role in 2011. Independent Supervisory Board Member Susanne Weiss was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Aug 30Second quarter 2024 earnings released: €0.79 loss per share (vs €4.19 loss in 2Q 2023)Second quarter 2024 results: €0.79 loss per share (improved from €4.19 loss in 2Q 2023). Revenue: €23.4m (up 17% from 2Q 2023). Net loss: €4.49m (loss narrowed 86% from 2Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 05+ 3 more updatesUBM Development AG to Report Fiscal Year 2024 Results on Apr 11, 2025UBM Development AG announced that they will report fiscal year 2024 results on Apr 11, 2025
Reported Earnings • May 30First quarter 2024 earnings released: €1.27 loss per share (vs €0.15 loss in 1Q 2023)First quarter 2024 results: €1.27 loss per share (further deteriorated from €0.15 loss in 1Q 2023). Revenue: €18.1m (flat on 1Q 2023). Net loss: €9.48m (loss widened €8.34m from 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 12Full year 2023 earnings released: €7.03 loss per share (vs €2.25 profit in FY 2022)Full year 2023 results: €7.03 loss per share (down from €2.25 profit in FY 2022). Revenue: €122.3m (down 8.7% from FY 2022). Net loss: €46.6m (down 377% from profit in FY 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 13Vienna Insurance Group AG (WBAG:VIG) acquired remaining 43% stake in Palais Hansen Immobilienentwicklung GmbH from Warimpex Finanz- und Beteiligungs AG (WBAG:WXF) and UBM Development AG (WBAG:UBS).Vienna Insurance Group AG (WBAG:VIG) acquired remaining 43% stake in Palais Hansen Immobilienentwicklung GmbH from Warimpex Finanz- und Beteiligungs AG (WBAG:WXF) and UBM Development AG (WBAG:UBS) on March 12, 2024.Vienna Insurance Group AG (WBAG:VIG) completed the acquisition of remaining 43% stake in Palais Hansen Immobilienentwicklung GmbH from Warimpex Finanz- und Beteiligungs AG (WBAG:WXF) and UBM Development AG (WBAG:UBS) on March 12, 2024.
Reported Earnings • Nov 24Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €16.9m (down 42% from 3Q 2022). Net income: €14.4m (up €18.1m from 3Q 2022). Profit margin: 85% (up from net loss in 3Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 28+ 3 more updatesUBM Development AG, Annual General Meeting, May 21, 2024UBM Development AG, Annual General Meeting, May 21, 2024.
Reported Earnings • Sep 01Second quarter 2023 earnings released: €4.19 loss per share (vs €1.17 profit in 2Q 2022)Second quarter 2023 results: €4.19 loss per share (down from €1.17 profit in 2Q 2022). Revenue: €21.2m (down 62% from 2Q 2022). Net loss: €30.0m (down 442% from profit in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Aug 23Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €27.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 65% in 2 years. Earnings is forecast to grow by 121% in the next 2 years.
Buying Opportunity • Jul 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be €31.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 84% in 2 years. Earnings is forecast to grow by 132% in the next 2 years.
Reported Earnings • May 26First quarter 2023 earnings released: EPS: €0.15 (vs €0.32 in 1Q 2022)First quarter 2023 results: EPS: €0.15 (down from €0.32 in 1Q 2022). Revenue: €23.0m (down 25% from 1Q 2022). Net loss: €1.14m (down 148% from profit in 1Q 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 22% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • May 19UBM Development AG Announces Resignation of Martin Löcker as Member of the Management Board and COO, Effective June 30, 2023Martin Löcker, Member of the Management Board and COO of UBM Development AG, has resigned from the Management Board prematurely, effective as of 30 June 2023.
Upcoming Dividend • May 17Upcoming dividend of €1.10 per share at 3.4% yieldEligible shareholders must have bought the stock before 24 May 2023. Payment date: 30 May 2023. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.9%).
Reported Earnings • Apr 18Full year 2022 earnings released: EPS: €2.25 (vs €4.50 in FY 2021)Full year 2022 results: EPS: €2.25 (down from €4.50 in FY 2021). Revenue: €172.1m (down 38% from FY 2021). Net income: €25.9m (down 23% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 35% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Buying Opportunity • Apr 05Now 20% undervaluedOver the last 90 days, the stock is up 9.7%. The fair value is estimated to be €32.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 43% in 2 years. Earnings is forecast to grow by 195% in the next 2 years.
Reported Earnings • Nov 26Third quarter 2022 earnings released: €0.49 loss per share (vs €0.77 profit in 3Q 2021)Third quarter 2022 results: €0.49 loss per share (down from €0.77 profit in 3Q 2021). Revenue: €36.2m (down 49% from 3Q 2021). Net loss: €3.68m (down 164% from profit in 3Q 2021). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 15UBM Development AG to Report Fiscal Year 2022 Results on Mar 29, 2023UBM Development AG announced that they will report fiscal year 2022 results on Mar 29, 2023
お知らせ • Sep 01+ 2 more updatesUBM Development AG to Report Q1, 2023 Results on May 25, 2023UBM Development AG announced that they will report Q1, 2023 results on May 25, 2023
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: €1.17 (vs €1.90 in 2Q 2021)Second quarter 2022 results: EPS: €1.17 (down from €1.90 in 2Q 2021). Revenue: €65.8m (down 38% from 2Q 2021). Net income: €8.77m (down 38% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 49% compared to a 48% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €33.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Real Estate industry in Germany. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €54.37 per share.
Reported Earnings • May 26First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €39.2m (down 6.5% from 1Q 2021). Net income: €4.83m (down 46% from 1Q 2021). Profit margin: 12% (down from 21% in 1Q 2021). The decrease in margin was primarily driven by lower revenue. Over the next year, revenue is forecast to grow 31% compared to a 42% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • May 12Upcoming dividend of €2.25 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (4.2%).
Reported Earnings • Apr 09Full year 2021 earnings released: EPS: €4.50 (vs €4.39 in FY 2020)Full year 2021 results: EPS: €4.50 (up from €4.39 in FY 2020). Revenue: €326.1m (up 78% from FY 2020). Net income: €42.2m (up 29% from FY 2020). Profit margin: 13% (down from 18% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3% compared to a 34% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Buying Opportunity • Jan 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be €53.98, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% per annum over the last 3 years. Earnings per share has declined by 9.6% per annum over the last 3 years.
Buying Opportunity • Jan 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be €53.98, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 30% per annum over the last 3 years. Earnings per share has declined by 9.6% per annum over the last 3 years.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS €1.90 (vs €0.25 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €118.2m (up 209% from 2Q 2020). Net income: €16.0m (up €14.1m from 2Q 2020). Profit margin: 14% (up from 4.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 26First quarter 2021 earnings released: EPS €1.20 (vs €2.74 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: €49.1m (up 19% from 1Q 2020). Net income: €10.7m (down 48% from 1Q 2020). Profit margin: 22% (down from 50% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • May 26Upcoming dividend of €2.20 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 04 June 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.0%).
Reported Earnings • Apr 25Full year 2020 earnings released: EPS €4.39 (vs €7.10 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €219.4m (down 9.3% from FY 2019). Net income: €39.8m (down 25% from FY 2019). Profit margin: 18% (down from 22% in FY 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 10New 90-day high: €38.60The company is up 21% from its price of €31.90 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.96 per share.
Is New 90 Day High Low • Jan 06New 90-day high: €36.00The company is up 22% from its price of €29.60 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.74 per share.
Analyst Estimate Surprise Post Earnings • Nov 28Revenue misses expectationsRevenue missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 37% compared to a 31% decline forecast for the Real Estate industry in Germany.
Reported Earnings • Nov 28Third quarter 2020 earnings released: EPS €0.64The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €56.3m (down 38% from 3Q 2019). Net income: €6.60m (down 62% from 3Q 2019). Profit margin: 12% (down from 19% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Nov 24HanseMerkur Grundvermögen AG acquired F.A.Z. Tower in Frankfurt from UBM Development AG (WBAG:UBS) for approximately €200 million.HanseMerkur Grundvermögen AG acquired F.A.Z. Tower in Frankfurt from UBM Development AG (WBAG:UBS) for approximately €200 million on November 23, 2020. HanseMerkur Grundvermögen AG acquired the tower for one of its investment vehicles. HanseMerkur Grundvermögen AG completed the acquisition of F.A.Z. Tower in Frankfurt from UBM Development AG (WBAG:UBS) on November 23, 2020.
Is New 90 Day High Low • Nov 24New 90-day high: €34.80The company is up 15% from its price of €30.30 on 25 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.03 per share.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 19% share price gain to €31.50, the stock is trading at a trailing P/E ratio of 4.2x, up from the previous P/E ratio of 3.6x. This compares to an average P/E of 11x in the Real Estate industry in Germany. Total return to shareholders over the past three years is a loss of 5.9%.
Is New 90 Day High Low • Oct 30New 90-day low: €27.20The company is down 3.0% from its price of €27.90 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €49.42 per share.
お知らせ • Oct 05+ 1 more updateUBM Realitatsentwicklung AG to Report First Half, 2010 Results on 08/31/2010UBM Realitatsentwicklung AG announced that they will report first half 2, 2010 results on 08/31/2010
お知らせ • Sep 09+ 2 more updatesUBM Development AG to Report First Half, 2021 Results on Aug 25, 2021UBM Development AG announced that they will report first half, 2021 results on Aug 25, 2021
お知らせ • Aug 28UBM Development AG to Report Fiscal Year 2020 Results on Apr 23, 2021UBM Development AG announced that they will report fiscal year 2020 results at 8:09 AM, GMT Standard Time on Apr 23, 2021