How does GYC1's PS Ratio compare to its peers?

GYC1 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the peer average (2.9x).

How does GYC1's PS Ratio compare vs other companies in the DE Real Estate Industry?

GYC1 is good value based on its Price-To-Sales Ratio (3.2x) compared to the German Real Estate industry average (3.3x).

What is GYC1'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 GYC1's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of GYC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GYC1 (€11.2) is trading below our estimate of [[fair value]] (€12.94)

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.

GYC1 Stock Overview

Engages in the residential real estate business in Germany, the United Kingdom, and internationally. More details

GYC1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 13.4% below our estimate of its fair value

Earnings are forecast to grow 83.92% per year

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Grand City Properties S.A. Competitors

Deutsche EuroShop

XTRA:DEQ

€1.4b

Aroundtown

XTRA:AT1

€2.8b

TAG Immobilien

XTRA:TEG

€2.3b

Adler Real Estate

XTRA:ADL

€980.4m

Price History & Performance

Summary of share price highs, lows and changes for Grand City Properties
Historical stock prices
Current Share Price	€11.00
52 Week High	€13.00
52 Week Low	€11.00
Beta	0.79
1 Month Change	-8.33%
3 Month Change	-12.00%
1 Year Change	n/a
3 Year Change	-42.11%
5 Year Change	n/a
Change since IPO	-42.35%

Recent updates

Shareholder Returns

	GYC1	DE Real Estate	DE Market
7D	-1.8%	-1.1%	2.0%
1Y	n/a	2.9%	9.6%

Return vs Industry: Insufficient data to determine how GYC1 performed against the German Real Estate industry.

Return vs Market: Insufficient data to determine how GYC1 performed against the German Market.

Price Volatility

Is GYC1's price volatile compared to industry and market?
GYC1 volatility
GYC1 Average Weekly Movement	3.9%
Real Estate Industry Average Movement	4.7%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.7%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: GYC1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine GYC1's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	606	Refael Zamir	www.grandcityproperties.com

Grand City Properties S.A. engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other major urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London. Grand City Properties S.A. was founded in 2004 and is based in Luxembourg, Luxembourg.

Grand City Properties S.A. Fundamentals Summary

How do Grand City Properties's earnings and revenue compare to its market cap?
GYC1 fundamental statistics
Market cap	€1.90b
Earnings (TTM)	-€224.65m
Revenue (TTM)	€598.93m

3.2x

P/S Ratio

-8.5x

P/E Ratio

Is GYC1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GYC1 income statement (TTM)
Revenue	€598.93m
Cost of Revenue	€260.39m
Gross Profit	€338.54m
Other Expenses	€563.20m
Earnings	-€224.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-1.30
Gross Margin	56.52%
Net Profit Margin	-37.51%
Debt/Equity Ratio	87.1%

How did GYC1 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/08 23:30
End of Day Share Price	2025/01/08 00:00
Earnings	2024/09/30
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

Grand City Properties S.A. is covered by 24 analysts. 7 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
Georg Kanders	Bankhaus Lampe KG
Paul May	Barclays
Paul May	Barclays

Grand City Properties DB:GYC1 Stock Report