Greentown Service Group Co. Ltd.

DB:GR1 Stock Report

Market Cap: €1.5b

Greentown Service Group Valuation

Is GR1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GR1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GR1 (€0.43) is trading below our estimate of fair value (€1.08)

Significantly Below Fair Value: GR1 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GR1?

Key metric: As GR1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for GR1. This is calculated by dividing GR1's market cap by their current earnings.
What is GR1's PE Ratio?
PE Ratio16x
EarningsCN¥786.22m
Market CapCN¥12.57b

Price to Earnings Ratio vs Peers

How does GR1's PE Ratio compare to its peers?

The above table shows the PE ratio for GR1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13x
DEQ Deutsche EuroShop
10.3x3.80%€1.4b
GYC Grand City Properties
3.2x-21.53%€1.7b
6DV0 Logistri Fastighets
10.9x9.58%€1.2b
SPB Sedlmayr Grund und Immobilien
27.7xn/a€939.9m
GR1 Greentown Service Group
16x14.41%€13.8b

Price-To-Earnings vs Peers: GR1 is expensive based on its Price-To-Earnings Ratio (16x) compared to the peer average (13x).

Price to Earnings Ratio vs Industry

How does GR1's PE Ratio compare vs other companies in the DE Real Estate Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LEG LEG Immobilien
3.9x-12.07%US$5.41b
AT1 Aroundtown
3.5x-23.21%US$3.30b
GYC Grand City Properties
3.2x-21.53%US$2.01b
GTY Gateway Real Estate
0.3xn/aUS$87.01m
GR1 16.0xIndustry Avg. 10.8xNo. of Companies8PE01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GR1 is expensive based on its Price-To-Earnings Ratio (16x) compared to the German Real Estate industry average (10.8x).

Price to Earnings Ratio vs Fair Ratio

What is GR1's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GR1 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16x
Fair PE Ratio10.7x

Price-To-Earnings vs Fair Ratio: GR1 is expensive based on its Price-To-Earnings Ratio (16x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).

Analyst Price Targets

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

The above table shows the analyst GR1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.43
€0.64
+48.51%
10.21%€0.74€0.53n/a14
Dec ’26€0.44
€0.64
+45.22%
10.21%€0.74€0.53n/a14
Nov ’26€0.45
€0.65
+42.74%
10.20%€0.74€0.53n/a14
Oct ’26€0.50
€0.63
+27.76%
10.20%€0.72€0.53n/a14
Sep ’26€0.49
€0.63
+28.84%
10.66%€0.72€0.53n/a14
Aug ’26€0.48
€0.58
+19.57%
11.42%€0.69€0.46n/a14
Jul ’26€0.42
€0.54
+28.19%
12.62%€0.68€0.42n/a15
Jun ’26€0.42
€0.56
+33.75%
12.62%€0.71€0.43n/a15
May ’26€0.45
€0.56
+23.79%
12.62%€0.70€0.43n/a15
Apr ’26€0.46
€0.58
+26.50%
12.84%€0.73€0.45n/a15
Mar ’26€0.43
€0.58
+34.45%
15.84%€0.76€0.44n/a16
Feb ’26€0.40
€0.57
+42.27%
15.97%€0.76€0.43n/a16
Jan ’26€0.41
€0.58
+41.46%
16.71%€0.76€0.43n/a15
Dec ’25€0.42
€0.56
+33.28%
18.09%€0.75€0.39€0.4417
Nov ’25€0.46
€0.55
+18.72%
18.43%€0.74€0.38€0.4517
Oct ’25€0.48
€0.52
+6.77%
19.13%€0.73€0.36€0.5018
Sep ’25€0.38
€0.50
+32.09%
18.44%€0.72€0.35€0.4919
Aug ’25€0.35
€0.46
+31.09%
18.91%€0.72€0.34€0.4818
Jul ’25€0.35
€0.45
+27.42%
13.06%€0.55€0.34€0.4217
Jun ’25€0.42
€0.44
+5.24%
12.93%€0.54€0.33€0.4217
May ’25€0.37
€0.43
+15.46%
12.12%€0.52€0.34€0.4516
Apr ’25€0.31
€0.44
+40.99%
19.03%€0.70€0.33€0.4617
Mar ’25€0.29
€0.50
+69.23%
20.48%€0.70€0.33€0.4318
Feb ’25€0.25
€0.52
+109.60%
19.64%€0.70€0.37€0.4019
Jan ’25€0.30
€0.56
+87.52%
18.12%€0.71€0.40€0.4119
Dec ’24€0.32
€0.58
+82.07%
17.27%€0.73€0.41€0.4218
€0.58
Fair Value
24.6% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/10 11:28
End of Day Share Price 2025/12/10 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Greentown Service Group Co. Ltd. is covered by 36 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric DuBofA Global Research
Qing MiaoCCB International Securities Limited
Leslie VandegriftCGS International