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G24

Scout24 WBAG:G24 Stock Report

Last Price

€56.48

Market Cap

€4.7b

7D

-5.3%

1Y

-20.2%

Updated

25 Apr, 2022

Data

Company Financials +
G24 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health6/6
Dividends2/6

G24 Stock Overview

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally.

Rewards

Trading at 6.5% below our estimate of its fair value

Earnings are forecast to grow 19.77% per year

Risk Analysis

No risks detected for G24 from our risk checks.

Scout24 Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Scout24
Historical stock prices
Current Share Price€56.48
52 Week High€72.88
52 Week Low€48.46
Beta0.52
1 Month Change9.54%
3 Month Change5.49%
1 Year Change-20.18%
3 Year Change22.94%
5 Year Changen/a
Change since IPO64.71%

Recent News & Updates

Shareholder Returns

G24AT Interactive Media and ServicesAT Market
7D-5.3%0%0%
1Y-20.2%0%0%

Return vs Industry: G24 exceeded the Austrian Interactive Media and Services industry which returned -34.8% over the past year.

Return vs Market: G24 underperformed the Austrian Market which returned 6.6% over the past year.

Price Volatility

Is G24's price volatile compared to industry and market?
G24 volatility
G24 Average Weekly Movement6.0%
Interactive Media and Services Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in AT Market0%
10% least volatile stocks in AT Market0%

Stable Share Price: G24 is not significantly more volatile than the rest of Austrian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: G24's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998804Tobi Hartmannhttps://www.scout24.com

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a product to finance real estate; FLOWFACT and Propstack, a CRM software solution for real estate agents; and TenantPlus+ provides rental properties. In addition, BuyerPlus+ for users looking to buy properties; and Vermietet.de: a cloud-based software solution.

Scout24 Fundamentals Summary

How do Scout24's earnings and revenue compare to its market cap?
G24 fundamental statistics
Market Cap€4.67b
Earnings (TTM)€90.59m
Revenue (TTM)€415.61m

51.6x

P/E Ratio

11.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
G24 income statement (TTM)
Revenue€415.61m
Cost of Revenue€97.65m
Gross Profit€317.96m
Other Expenses€227.37m
Earnings€90.59m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 03, 2022

Earnings per share (EPS)1.14
Gross Margin76.50%
Net Profit Margin21.80%
Debt/Equity Ratio13.0%

How did G24 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

82%

Payout Ratio

Does G24 pay a reliable dividends?

See G24 dividend history and benchmarks
When do you need to buy G24 by to receive an upcoming dividend?
Scout24 dividend dates
Ex Dividend DateJul 01 2022
Dividend Pay DateJul 05 2022
Days until Ex dividend66 days
Days until Dividend pay date70 days

Does G24 pay a reliable dividends?

See G24 dividend history and benchmarks

Valuation

Is Scout24 undervalued compared to its fair value and its price relative to the market?

6.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: G24 (€56.48) is trading below our estimate of fair value (€60.39)

Significantly Below Fair Value: G24 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: G24 is poor value based on its PE Ratio (51.6x) compared to the European Interactive Media and Services industry average (30.5x).

PE vs Market: G24 is poor value based on its PE Ratio (51.6x) compared to the Austrian market (14.8x).


Price to Earnings Growth Ratio

PEG Ratio: G24 is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: G24's PB Ratio (2.6x) is in line with the XE Interactive Media and Services industry average.


Future Growth

How is Scout24 forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

19.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: G24's forecast earnings growth (19.8% per year) is above the savings rate (0.2%).

Earnings vs Market: G24's earnings (19.8% per year) are forecast to grow faster than the Austrian market (7.6% per year).

High Growth Earnings: G24's earnings are forecast to grow, but not significantly.

Revenue vs Market: G24's revenue (8.6% per year) is forecast to grow faster than the Austrian market (2.2% per year).

High Growth Revenue: G24's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: G24's Return on Equity is forecast to be low in 3 years time (12.5%).


Past Performance

How has Scout24 performed over the past 5 years?

-0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: G24 has high quality earnings.

Growing Profit Margin: G24's current net profit margins (21.8%) are lower than last year (27.3%).


Past Earnings Growth Analysis

Earnings Trend: G24's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: G24's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: G24 had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (47%).


Return on Equity

High ROE: G24's Return on Equity (5.1%) is considered low.


Financial Health

How is Scout24's financial position?


Financial Position Analysis

Short Term Liabilities: G24's short term assets (€619.5M) exceed its short term liabilities (€141.1M).

Long Term Liabilities: G24's short term assets (€619.5M) exceed its long term liabilities (€506.8M).


Debt to Equity History and Analysis

Debt Level: G24 has more cash than its total debt.

Reducing Debt: G24's debt to equity ratio has reduced from 68.3% to 13% over the past 5 years.

Debt Coverage: G24's debt is well covered by operating cash flow (58.8%).

Interest Coverage: G24's interest payments on its debt are well covered by EBIT (21.5x coverage).


Balance Sheet


Dividend

What is Scout24 current dividend yield, its reliability and sustainability?

1.43%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 26 2022Ex Dividend DateJul 01 2022Dividend Pay DateJul 05 20224 days from Ex DividendBuy in the next 66 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: G24's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (1.53%).

High Dividend: G24's dividend (1.43%) is low compared to the top 25% of dividend payers in the Austrian market (4.79%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, G24 has been paying a dividend for less than 10 years.

Growing Dividend: G24's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.7%), G24's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (62.8%), G24's dividend payments are covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Tobi Hartmann (49 yo)

3.42yrs

Tenure

€1,084,000

Compensation

Mr. Tobias Hartmann, also known as Tobi, has been Independent Director of SGS SA since March 24, 2020. He has been Chief Executive Officer and Chairman of the Management Board at Scout24 SE since November...


CEO Compensation Analysis

Compensation vs Market: Tobi's total compensation ($USD1.16M) is below average for companies of similar size in the Austrian market ($USD2.27M).

Compensation vs Earnings: Tobi's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: G24's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: G24's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Scout24 SE's employee growth, exchange listings and data sources


Key Information

  • Name: Scout24 SE
  • Ticker: G24
  • Exchange: WBAG
  • Founded: 1998
  • Industry: Interactive Media and Services
  • Sector: Media
  • Implied Market Cap: €4.673b
  • Shares outstanding: 79.29m
  • Website: https://www.scout24.com

Number of Employees


Location

  • Scout24 SE
  • Bothestrasse 13-15
  • Munich
  • Bavaria
  • 81675
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/25 00:00
End of Day Share Price2022/04/25 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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 here.