PATRIZIA (PAT) Stock Overview
PATRIZIA SE has been providing investment opportunities in smart real assets for institutional, semi-professional, and private investors for more than 40 years, focusing on real estate and infrastructure. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
PAT Community Fair Values
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Analyst Price Targets
PATRIZIA SE Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €7.80 |
| 52 Week High | €8.90 |
| 52 Week Low | €6.62 |
| Beta | 1.19 |
| 1 Month Change | 2.23% |
| 3 Month Change | 11.11% |
| 1 Year Change | -6.25% |
| 3 Year Change | -22.47% |
| 5 Year Change | -64.38% |
| Change since IPO | -94.63% |
Recent News & Updates
Narrative Update • Jun 02
PAT: Future Upside Will Depend On Sustained Dividend Increases And Yield Support
Analysts have maintained their €9.86 price target for PATRIZIA, citing relatively stable assumptions regarding fair value, discount rate, revenue growth, profit margin and future P/E as the basis for their view. What's in the News PATRIZIA SE Board of Directors proposed a dividend per share of €0.36 for Fiscal Year 2025, compared with €0.35 for 2024, based on the company’s communicated dividend policy and its financial progress in 2025, including operating cash flow, EBITDA, net profit and balance sheet ratios, according to a key developments update.Narrative Update • May 18
PAT: Future Upside Will Rely On Sustained Dividend Increases And Yield Support
Analysts now hold their price target for PATRIZIA steady at €9.86, with the unchanged view reflecting updated assumptions that combine a slightly lower discount rate with adjusted expectations for revenue growth, profit margins and future P/E multiples. What's in the News PATRIZIA SE Board of Directors proposed a dividend per share of €0.36 for Fiscal Year 2025, compared with €0.35 for 2024, in line with the company’s communicated dividend policy and linked to operating cash flow, EBITDA, net profit and balance sheet ratios, including a net equity ratio reported as well above 70% (Key Developments).Narrative Update • May 03
PAT: Future Upside Will Rely On Rising Dividend And Yield Support
Analysts have slightly reduced their price target for PATRIZIA to €9.86 from €10.04, citing updated assumptions for revenue growth, profit margins and future P/E. Together, these factors point to a modestly lower fair value estimate.Recent updates
Narrative Update • Jun 02
PAT: Future Upside Will Depend On Sustained Dividend Increases And Yield Support
Analysts have maintained their €9.86 price target for PATRIZIA, citing relatively stable assumptions regarding fair value, discount rate, revenue growth, profit margin and future P/E as the basis for their view. What's in the News PATRIZIA SE Board of Directors proposed a dividend per share of €0.36 for Fiscal Year 2025, compared with €0.35 for 2024, based on the company’s communicated dividend policy and its financial progress in 2025, including operating cash flow, EBITDA, net profit and balance sheet ratios, according to a key developments update.Narrative Update • May 18
PAT: Future Upside Will Rely On Sustained Dividend Increases And Yield Support
Analysts now hold their price target for PATRIZIA steady at €9.86, with the unchanged view reflecting updated assumptions that combine a slightly lower discount rate with adjusted expectations for revenue growth, profit margins and future P/E multiples. What's in the News PATRIZIA SE Board of Directors proposed a dividend per share of €0.36 for Fiscal Year 2025, compared with €0.35 for 2024, in line with the company’s communicated dividend policy and linked to operating cash flow, EBITDA, net profit and balance sheet ratios, including a net equity ratio reported as well above 70% (Key Developments).Narrative Update • May 03
PAT: Future Upside Will Rely On Rising Dividend And Yield Support
Analysts have slightly reduced their price target for PATRIZIA to €9.86 from €10.04, citing updated assumptions for revenue growth, profit margins and future P/E. Together, these factors point to a modestly lower fair value estimate.Narrative Update • Apr 14
PAT: Future Upside Will Rely On Sustained Dividend Increases And Yield Support
Analysts have adjusted their price target on PATRIZIA to reflect updated assumptions for revenue growth of 1.10%, a profit margin of 10.49% and a future P/E of 39.14x, while keeping fair value broadly aligned at €10.04. What's in the News PATRIZIA SE announced an annual dividend of €0.36 per share, payable on June 15, 2026, with an ex date of June 11, 2026 and a record date of June 12, 2026 (Key Developments).Narrative Update • Mar 31
PAT: Future Upside Will Rely On Rising Dividend Yield And Margin Strength
Analysts have trimmed their price target for PATRIZIA from €10.44 to €10.04, citing updated assumptions around a slightly higher discount rate, a change in revenue expectations, a more favorable profit margin outlook, and a lower future P/E multiple. What's in the News The Board of Directors has proposed a dividend per share of €0.36 for Fiscal Year 2025, compared with €0.35 for 2024, in line with the existing dividend policy (Key Developments).Analysis Article • Mar 31
Analysts Are Betting On PATRIZIA SE (ETR:PAT) With A Big Upgrade This Week
PATRIZIA SE ( ETR:PAT ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Narrative Update • Mar 17
PAT: Future Upside Will Rely On Sustained Dividend Increases And Supportive P E Assumptions
Analysts have trimmed their price target for PATRIZIA from €10.61 to €10.44, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. What's in the News PATRIZIA SE Board of Directors proposed a dividend per share of €0.36 for Fiscal Year 2025, compared with €0.35 for 2024, reflecting a 2.9% uplift in the payout.Narrative Update • Mar 02
PAT: Future Upside Will Rely On Higher Margins And Supportive P E Assumptions
Analysts have slightly raised their price target on PATRIZIA from €10.54 to €10.61, citing updated assumptions for discount rates, profit margins and longer term P/E expectations. Valuation Changes Fair Value: revised slightly from €10.54 to €10.61.Narrative Update • Feb 16
PAT: Future Upside Will Rely On Stable Margins And Steady Outlook
Analysts have kept their fair value estimate for PATRIZIA steady at €10.54, with only very small technical adjustments to the discount rate, revenue growth assumptions, profit margin and future P/E, resulting in an unchanged overall price target view. Valuation Changes Fair Value: Kept unchanged at €10.54, indicating a stable overall valuation outcome.Narrative Update • Feb 02
PAT: Outlook Will Improve As Stable Assumptions Support Long Term Profitability
Analysts kept their price target for PATRIZIA broadly unchanged at around €10.54. They cited only very small adjustments to the discount rate, long-term revenue growth, profit margin assumptions and future P/E expectations.Narrative Update • Jan 19
PAT: Outlook Will Improve As Higher Margins Support Long Term Profitability
Analysts have raised their price target for PATRIZIA slightly from €10.45 to €10.54, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes The fair value estimate has been adjusted slightly higher from €10.45 to €10.54 per share.Narrative Update • Jan 05
PAT: Outlook Will Improve As Lower Risk Supports Higher Long Term Profitability
Analysts have modestly raised their price target on PATRIZIA from €10.23 to €10.45, reflecting slightly lower perceived risk and marginally improved long term profitability and valuation assumptions. Valuation Changes Fair Value Estimate has risen slightly from €10.23 to €10.45 per share, reflecting a modestly higher assessment of long term intrinsic value.Narrative Update • Dec 15
PAT: Outlook Will Improve As Lower Risk Assumptions Support Rising Fair Value
Analysts have nudged their price target for PATRIZIA slightly higher, from €10.18 to €10.23, citing a marginally lower discount rate while maintaining stable assumptions for growth, profitability, and valuation multiples. Valuation Changes Fair Value Estimate has risen slightly from €10.18 to €10.23 per share, reflecting a modest uplift in intrinsic valuation.Analysis Article • Nov 29
Does PATRIZIA (ETR:PAT) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Nov 27
PAT: Outlook Will Improve With Rising Fair Value And Moderate Profitability
Analysts have raised their price target for PATRIZIA from €9.36 to €10.18, citing adjustments in projected growth rates and updated expectations for profitability. Valuation Changes Fair Value: Increased from €9.36 to €10.18, reflecting a modest upward adjustment.Analysis Article • Oct 30
What Does PATRIZIA SE's (ETR:PAT) Share Price Indicate?
While PATRIZIA SE ( ETR:PAT ) might not have the largest market cap around , it received a lot of attention from a...New Narrative • Aug 28
Real Estate Cycles Will Deliver Opportunity Yet Face Uncertainties
Key Takeaways Stabilizing real estate values and growing investor confidence are set to drive higher AUM, recurring fees, and improved margin performance. Strong demand for infrastructure and living assets, alongside global client diversification, is fueling sustainable growth and greater operating efficiency.Analysis Article • Apr 18
We Like The Quality Of PATRIZIA's (ETR:PAT) Earnings
PATRIZIA SE ( ETR:PAT ) announced a healthy earnings result recently, and the market rewarded it with a strong uplift...Analysis Article • Oct 24
Take Care Before Diving Into The Deep End On PATRIZIA SE (ETR:PAT)
PATRIZIA SE's ( ETR:PAT ) price-to-sales (or "P/S") ratio of 2.5x might make it look like a buy right now compared to...Analysis Article • Jun 14
Is PATRIZIA SE (ETR:PAT) Potentially Undervalued?
PATRIZIA SE ( ETR:PAT ), might not be a large cap stock, but it saw significant share price movement during recent...Analysis Article • Mar 14
Many Still Looking Away From PATRIZIA SE (ETR:PAT)
PATRIZIA SE's ( ETR:PAT ) price-to-sales (or "P/S") ratio of 2.2x might make it look like a buy right now compared to...Analysis Article • Sep 28
Is PATRIZIA (ETR:PAT) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jul 31
At €9.30, Is PATRIZIA SE (ETR:PAT) Worth Looking At Closely?
PATRIZIA SE ( ETR:PAT ), might not be a large cap stock, but it saw a decent share price growth in the teens level on...Analysis Article • Jun 20
Calculating The Intrinsic Value Of PATRIZIA SE (ETR:PAT)
Key Insights PATRIZIA's estimated fair value is €10.15 based on 2 Stage Free Cash Flow to Equity PATRIZIA's €9.76 share...Analysis Article • May 05
PATRIZIA (ETR:PAT) Is Increasing Its Dividend To €0.33
PATRIZIA SE's ( ETR:PAT ) dividend will be increasing from last year's payment of the same period to €0.33 on 30th of...Analysis Article • May 01
Should You Investigate PATRIZIA SE (ETR:PAT) At €9.74?
PATRIZIA SE ( ETR:PAT ), might not be a large cap stock, but it received a lot of attention from a substantial price...Analysis Article • Apr 05
PATRIZIA's (ETR:PAT) Shareholders Will Receive A Bigger Dividend Than Last Year
PATRIZIA SE ( ETR:PAT ) has announced that it will be increasing its dividend from last year's comparable payment on...Analysis Article • Mar 20
Does PATRIZIA (ETR:PAT) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Mar 02
PATRIZIA (ETR:PAT) Is Paying Out A Larger Dividend Than Last Year
PATRIZIA SE ( ETR:PAT ) will increase its dividend on the 30th of May to €0.33, which is 3.1% higher than last year's...Analysis Article • Feb 17
A Look At The Intrinsic Value Of PATRIZIA SE (ETR:PAT)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of PATRIZIA SE ( ETR:PAT...Analysis Article • Dec 10
These 4 Measures Indicate That PATRIZIA (ETR:PAT) Is Using Debt Reasonably Well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Shareholder Returns
| PAT | DE Real Estate | DE Market | |
|---|---|---|---|
| 7D | 1.0% | -1.3% | 0.1% |
| 1Y | -6.3% | -23.3% | 4.5% |
Return vs Industry: PAT exceeded the German Real Estate industry which returned -23.3% over the past year.
Return vs Market: PAT underperformed the German Market which returned 4.5% over the past year.
Price Volatility
| PAT volatility | |
|---|---|
| PAT Average Weekly Movement | 3.3% |
| Real Estate Industry Average Movement | 4.5% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in DE Market | 13.7% |
| 10% least volatile stocks in DE Market | 2.8% |
Stable Share Price: PAT has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: PAT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 816 | Asoka Wohrmann | www.patrizia.ag |
PATRIZIA SE has been providing investment opportunities in smart real assets for institutional, semi-professional, and private investors for more than 40 years, focusing on real estate and infrastructure. PATRIZIA’s investment solutions are driven by the (DUEL) megatrends - digital, urban, energy and living transitions - and capitalize on the opportunities arising from these transformative global shifts. PATRIZIA currently has approximately EUR 56bn in assets under management (AUM) and employs around 900 professionals across 26 locations worldwide.
PATRIZIA SE Fundamentals Summary
| PAT fundamental statistics | |
|---|---|
| Market cap | €670.04m |
| Earnings (TTM) | €17.97m |
| Revenue (TTM) | €258.42m |
37.5x
P/E Ratio2.6x
P/S RatioIs PAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PAT income statement (TTM) | |
|---|---|
| Revenue | €258.42m |
| Cost of Revenue | €18.50m |
| Gross Profit | €239.91m |
| Other Expenses | €221.95m |
| Earnings | €17.97m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 10, 2026
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 92.84% |
| Net Profit Margin | 6.95% |
| Debt/Equity Ratio | 23.8% |
How did PAT perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield173%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/23 17:43 |
| End of Day Share Price | 2026/06/23 00:00 |
| Earnings | 2025/12/31 |
| 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 |
| |
| 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
PATRIZIA SE is covered by 7 analysts. 4 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 |
|---|---|
| Kai Klose | Berenberg |
| Lars Vom-Cleff | Deutsche Bank |
| Thomas Martin | HSBC |