PATRIZIA (WBAG:P1Z) - Stock Price, News & Analysis

P1Z Stock Overview

With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 40 years.

About the company

P1Z fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	4/6
Dividends	2/6

Rewards

Earnings are forecast to grow 85.85% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 3.74% is not well covered by earnings

PATRIZIA SE Competitors

UBM Development

WBAG:UBS

€151.7m

S IMMO

WBAG:SPI

€1.6b

CA Immobilien Anlagen

WBAG:CAI

€2.6b

IMMOFINANZ

WBAG:IIA

€2.5b

Price History & Performance

Summary of all time highs, changes and price drops for PATRIZIA
Historical stock prices
Current Share Price	€9.11
52 Week High	€9.13
52 Week Low	€6.79
Beta	1.06
11 Month Change	10.02%
3 Month Change	26.70%
1 Year Change	20.98%
33 Year Change	-59.87%
5 Year Change	-45.87%
Change since IPO	-46.30%

Recent updates

Shareholder Returns

	P1Z	AT Real Estate	AT Market
7D	1.9%	2.1%	-1.0%
1Y	21.0%	2.0%	7.2%

Return vs Industry: P1Z exceeded the Austrian Real Estate industry which returned 2% over the past year.

Return vs Market: P1Z exceeded the Austrian Market which returned 7.2% over the past year.

Price Volatility

Is P1Z's price volatile compared to industry and market?
P1Z volatility
P1Z Average Weekly Movement	3.7%
Real Estate Industry Average Movement	3.6%
Market Average Movement	3.6%
10% most volatile stocks in AT Market	6.1%
10% least volatile stocks in AT Market	1.9%

Stable Share Price: P1Z has not had significant price volatility in the past 3 months compared to the Austrian market.

Volatility Over Time: P1Z's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1984	910	Asoka Wohrmann	www.patrizia.ag

With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 40 years. PATRIZIA manages approx. EUR 57bn in assets and employs around 1,000 professionals at 28 locations worldwide.

PATRIZIA SE Fundamentals Summary

How do PATRIZIA's earnings and revenue compare to its market cap?
P1Z fundamental statistics
Market cap	€783.82m
Earnings (TTM)	-€4.05m
Revenue (TTM)	€285.23m

2.7x

P/S Ratio

-193.5x

P/E Ratio

Is P1Z overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
P1Z income statement (TTM)
Revenue	€285.23m
Cost of Revenue	€18.63m
Gross Profit	€266.61m
Other Expenses	€270.66m
Earnings	-€4.05m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 14, 2024

Earnings per share (EPS)	-0.047
Gross Margin	93.47%
Net Profit Margin	-1.42%
Debt/Equity Ratio	24.7%

How did P1Z perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

-721%

Payout Ratio

P1Z Stock Overview

Rewards

Risk Analysis

PATRIZIA SE Competitors

WBAG:UBS

€151.7m

WBAG:SPI

€1.6b

WBAG:CAI

€2.6b

WBAG:IIA

€2.5b

Price History & Performance

Recent News & Updates

PATRIZIA SE to Report Fiscal Year 2024 Results on Feb 27, 2025

New minor risk - Share price stability

Second quarter 2024 earnings released: €0.10 loss per share (vs €0.075 loss in 2Q 2023)

PATRIZIA SE to Report Q3, 2025 Results on Nov 13, 2025

PATRIZIA SE to Report Fiscal Year 2024 Final Results on Mar 21, 2025

Now 21% overvalued

Recent updates

PATRIZIA SE to Report Fiscal Year 2024 Results on Feb 27, 2025

New minor risk - Share price stability

Second quarter 2024 earnings released: €0.10 loss per share (vs €0.075 loss in 2Q 2023)

PATRIZIA SE to Report Q3, 2025 Results on Nov 13, 2025

PATRIZIA SE to Report Fiscal Year 2024 Final Results on Mar 21, 2025

Now 21% overvalued

Upcoming dividend of €0.34 per share

First quarter 2024 earnings released: EPS: €0.05 (vs €0.15 in 1Q 2023)

Full year 2023 earnings released: EPS: €0.068 (vs €0.083 in FY 2022)

Third quarter 2023 earnings released: EPS: €0.10 (vs €0.13 in 3Q 2022)

PATRIZIA SE to Report First Half, 2024 Results on Aug 14, 2024

TEP VII fund managed by PATRIZIA SE (XTRA:PAT) acquired Piacenza Business Park from AKNO Group SA for €70 million.

PATRIZIA SE (XTRA:PAT) acquired Large Urban Logistics Portfolio in Sweden from ÄLta Fastigheter Ab.

Second quarter 2023 earnings released: €0.07 loss per share (vs €0.02 profit in 2Q 2022)

PATRIZIA SE, Annual General Meeting, Jun 12, 2024

Now 20% undervalued

Investika Realitni Fond, Otevreny Podilovy Fond a fund managed by Investika, Investiana Spoleanost, A.S. acquired Royal Trakt Offices Building from PATRIZIA SE (XTRA:PAT).

PATRIZIA SE to Report Fiscal Year 2023 Results on Mar 22, 2024

New major risk - Share price stability

Lakeward Real Estate AG acquired office building in Stuttgart from PATRIZIA SE (XTRA:PAT).

Lakeward Real Estate AG acquired office building in Stuttgart from PATRIZIA SE (XTRA:PAT).

Upcoming dividend of €0.33 per share at 3.9% yield

Patrizia AG Announces Executive Changes

Full year 2022 earnings released: EPS: €0.08 (vs €0.54 in FY 2021)

TEP VII managed by PATRIZIA SE (XTRA:PAT) and Realm Management Limited completed the acquisition of Ringsted Outlet Center P/S from Agat Ejendomme A/S (CPSE:AGAT) and CapMan Real Estate Oy.

SBT Immobilien Gruppe acquired Two properties in Saarbrücken from PATRIZIA SE (XTRA:PAT).

TEP VII managed by PATRIZIA SE (XTRA:PAT) and Realm Management Limited agreed to acquire Ringsted Outlet Center P/S from Agat Ejendomme A/S (CPSE:AGAT) and CapMan Real Estate Oy for DKK 390 million.

TEP VII managed by PATRIZIA SE (XTRA:PAT) and Realm Management Limited agreed to acquire Ringsted Outlet Center P/S from Agat Ejendomme A/S (CPSE:AGAT) and CapMan Real Estate Oy for DKK 390 million.

PATRIZIA SE (XTRA:PAT) acquired Advantage Investment Partners.

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: €0.13 (vs €0.15 in 3Q 2021)

Investor sentiment improved over the past week

PATRIZIA SE to Report Fiscal Year 2022 Results on Feb 28, 2023

PATRIZIA SE (XTRA:PAT) acquired The Eight Building from Ekistics Property Advisors LLP.

Sidra Capital acquired The Bower office in Stockley Park from Clearbell Property Partners II LP managed by Clearbell Capital LLP and PATRIZIA SE (XTRA:PAT) for £74 million.

PATRIZIA SE (XTRA:PAT) acquired Purpose-Built Student Accommodation (PBSA) scheme in Turin for €70 million.

PATRIZIA SE to Report Fiscal Year 2022 Final Results on Mar 23, 2023

PATRIZIA SE to Report Fiscal Year 2022 Results on Mar 23, 2023

PATRIZIA SE (XTRA:PAT) acquired Two student accommodations in Barcelona.

Kvitebjørn Varme AS acquired SAREN Energy AS from PATRIZIA Infrastructure Debt Partners II managed by PATRIZIA SE (XTRA:PAT).

Second quarter 2022 earnings released: EPS: €0.02 (vs €0.12 in 2Q 2021)

Patrizia AG, Annual General Meeting, May 25, 2023

Patrizia AG to Report First Half, 2023 Results on Aug 11, 2023

Patrizia AG (XTRA:PAT) acquired ANNA building complex from Aurelis Real Estate GmbH.

Patrizia AG Announces Executive Changes

Upcoming dividend of €0.32 per share

First quarter 2022 earnings released: EPS: €0.13 (vs €0.16 in 1Q 2021)

Patrizia AG Revises Earnings Guidance for 2022

IMAXXAM Asset Management GmbH acquired Retail park near Kiel from Patrizia AG (XTRA:PAT).

Patrizia AG Names Christoph Glaser to Assume Responsibility for Risk Management, Investor Relations, and Procurement

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Now 20% undervalued after recent price drop

Deka Immobilien Investment GmbH, on behalf of its institutional clients acquired Cologne office property Kranhaus 1 from Patrizia AG (XTRA:PAT).

Patrizia AG (XTRA:PAT) acquired Prime office building in Heidelberg from Curzon Capital Partners 5 Long-Life LP, managed by Tristan Capital Partners Holdings Ltd and DW Real Estate GmbH.

M&G Real Estate acquired Multi-let Holdings in Altrincham, Haydock and Aintree from Patrizia AG (XTRA:PAT) for approximately £170 million.

Patrizia AG (XTRA:PAT) completed the acquisition of a 30% stake in Whitehelm Capital from Challenger Limited (ASX:CGF) on February 2, 2022.

Patrizia AG (XTRA:PAT) agreed to acquire Barcelona Residential Portfolio for €600 million.

Patrizia AG (XTRA:PAT) acquired Portfolio of student accommodation in Denmark from Deutsche Finance International LLP for approximately €310 million.

Patrizia Logistik-Invest Europa III and Patrizia Paneuropean Property Limited Partnership, managed by Patrizia AG (XTRA:PAT) acquired Smartlog Maasvlakte distribution centre in Rotterdam from David Hart Group for €230 million.