How does A2E's PS Ratio compare to its peers?

A2E is good value based on its Price-To-Sales Ratio (6.6x) compared to the peer average (9.4x).

How does A2E's PS Ratio compare vs other companies in the DE Real Estate Industry?

A2E is expensive based on its Price-To-Sales Ratio (6.6x) compared to the German Real Estate industry average (3.4x).

What is A2E's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate A2E's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of A2E when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A2E (€1.95) is trading below our estimate of [[fair value]] (€6.4)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Phoenix Spree Deutschland DB:A2E Stock Report

Last Price

€1.95

Market Cap

€184.4m

7D

-0.5%

1Y

n/a

Updated

03 Jan, 2025

Data

Company Financials +

Phoenix Spree Deutschland Limited

DB:A2E Stock Report

Market Cap: €184.4m

A2E Stock Overview

An real estate investment firm. More details

A2E fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 69.5% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Phoenix Spree Deutschland Limited Competitors

AGROB Immobilien

DB:AGR

€171.9m

STINAG Stuttgart Invest

DB:STG

€189.1m

Deutsche Real Estate

DB:DRE2

€138.9m

Dinkelacker

BST:DWB

€314.4m

Price History & Performance

Summary of share price highs, lows and changes for Phoenix Spree Deutschland
Historical stock prices
Current Share Price	UK£1.95
52 Week High	UK£2.14
52 Week Low	UK£1.79
Beta	0.38
1 Month Change	-2.01%
3 Month Change	-5.34%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.98%

Recent News & Updates

Recent updates

Shareholder Returns

	A2E	DE Real Estate	DE Market
7D	-0.5%	2.0%	0.7%
1Y	n/a	4.7%	8.4%

Return vs Industry: Insufficient data to determine how A2E performed against the German Real Estate industry.

Return vs Market: Insufficient data to determine how A2E performed against the German Market.

Price Volatility

Is A2E's price volatile compared to industry and market?
A2E volatility
A2E Average Weekly Movement	2.6%
Real Estate Industry Average Movement	4.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: A2E has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine A2E's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	n/a	www.phoenixspree.com

Phoenix Spree Deutschland Limited is an real estate investment firm. It specializes it's investments in mid-market. It prefers to invests in residential, commercial and apartment buildings.

Phoenix Spree Deutschland Limited Fundamentals Summary

How do Phoenix Spree Deutschland's earnings and revenue compare to its market cap?
A2E fundamental statistics
Market cap	€184.38m
Earnings (TTM)	-€70.94m
Revenue (TTM)	€27.81m

6.6x

P/S Ratio

-2.6x

P/E Ratio

Is A2E overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A2E income statement (TTM)
Revenue	€27.81m
Cost of Revenue	€16.08m
Gross Profit	€11.73m
Other Expenses	€82.67m
Earnings	-€70.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.77
Gross Margin	42.17%
Net Profit Margin	-255.14%
Debt/Equity Ratio	106.2%

How did A2E perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/03 03:04
End of Day Share Price	2025/01/03 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Phoenix Spree Deutschland Limited is covered by 2 analysts. 1 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
Martyn King	Edison Investment Research
Conor Finn	Panmure Liberum