IMMOFINANZ (DB:IMO1) - Stock Price, News & Analysis

IMO1 Stock Overview

IMMOFINANZ AG acquires, develops, owns, rents, and manages properties primarily in Austria, Germany, Poland, the Czech Republic, Hungary, Romania, Slovakia, and the Adriatic region.

About the company

IMO1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 72.3% below our estimate of its fair value

Risk Analysis

Earnings have declined by 27.5% per year over past 5 years

Debt is not well covered by operating cash flow

IMMOFINANZ AG Competitors

LEG Immobilien

XTRA:LEG

€5.7b

Aroundtown

XTRA:AT1

€2.1b

Grand City Properties

XTRA:GYC

€1.7b

TAG Immobilien

XTRA:TEG

€2.2b

Price History & Performance

Summary of all time highs, changes and price drops for IMMOFINANZ
Historical stock prices
Current Share Price	€22.60
52 Week High	€23.75
52 Week Low	€14.64
Beta	1.13
1 Month Change	-0.44%
3 Month Change	5.85%
1 Year Change	53.32%
3 Year Change	28.41%
5 Year Change	-0.92%
Change since IPO	-72.41%

Recent updates

Shareholder Returns

	IMO1	DE Real Estate	DE Market
7D	-1.3%	0.7%	2.0%
1Y	53.3%	5.7%	2.0%

Return vs Industry: IMO1 exceeded the German Real Estate industry which returned 5.6% over the past year.

Return vs Market: IMO1 exceeded the German Market which returned 2% over the past year.

Price Volatility

Is IMO1's price volatile compared to industry and market?
IMO1 volatility
IMO1 Average Weekly Movement	3.1%
Real Estate Industry Average Movement	4.9%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: IMO1 has not had significant price volatility in the past 3 months.

Volatility Over Time: IMO1's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	206	n/a	www.immofinanz.com

IMMOFINANZ AG acquires, develops, owns, rents, and manages properties primarily in Austria, Germany, Poland, the Czech Republic, Hungary, Romania, Slovakia, and the Adriatic region. It develops office, retail, hotel and residential properties. The company manages offices under myhive brand; retail parks under STOP SHOP brand; and shopping centers under VIVO!

IMMOFINANZ AG Fundamentals Summary

How do IMMOFINANZ's earnings and revenue compare to its market cap?
IMO1 fundamental statistics
Market cap	€3.15b
Earnings (TTM)	-€180.32m
Revenue (TTM)	€727.29m

4.3x

P/S Ratio

-17.4x

P/E Ratio

Is IMO1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IMO1 income statement (TTM)
Revenue	€727.29m
Cost of Revenue	€299.60m
Gross Profit	€427.69m
Other Expenses	€608.01m
Earnings	-€180.32m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 27, 2024

Earnings per share (EPS)	-1.31
Gross Margin	58.81%
Net Profit Margin	-24.79%
Debt/Equity Ratio	90.2%

How did IMO1 perform over the long term?

See historical performance and comparison

IMO1 Stock Overview

Rewards

Risk Analysis

IMMOFINANZ AG Competitors

XTRA:LEG

€5.7b

XTRA:AT1

€2.1b

XTRA:GYC

€1.7b

XTRA:TEG

€2.2b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: €1.31 loss per share (vs €1.04 profit in FY 2022)

New major risk - Revenue and earnings growth

An unknown buyer acquired Grand Center Zagreb office property from IMMOFINANZ AG (WBAG:IIA).

IMMOFINANZ AG Announces Resignation of Gayatri Narayan from the Supervisory Board, Effective on December 31, 2023

Third quarter 2023 earnings released: EPS: €0.067 (vs €0.62 in 3Q 2022)

IMMOFINANZ AG to Report Nine Months, 2024 Results on Nov 28, 2024

Recent updates

Full year 2023 earnings released: €1.31 loss per share (vs €1.04 profit in FY 2022)

New major risk - Revenue and earnings growth

An unknown buyer acquired Grand Center Zagreb office property from IMMOFINANZ AG (WBAG:IIA).

IMMOFINANZ AG Announces Resignation of Gayatri Narayan from the Supervisory Board, Effective on December 31, 2023

Third quarter 2023 earnings released: EPS: €0.067 (vs €0.62 in 3Q 2022)

IMMOFINANZ AG to Report Nine Months, 2024 Results on Nov 28, 2024

Second quarter 2023 earnings released: €1.21 loss per share (vs €0.65 profit in 2Q 2022)

S IMMO AG (WBAG:SPI) acquired Vienna Twin Towers from IMMOFINANZ AG (WBAG:IIA).

IMMOFINANZ AG Appoints Pavel Mechura to the Executive Board

Investor sentiment improves as stock rises 17%

S IMMO AG (WBAG:SPI) acquired Six office properties of IMMOFINANZ AG from IMMOFINANZ AG (WBAG:IIA).

Immofinanz Starts Negotiations with CPI Property Group to Increase Shareholding in S IMMO to over 50%

IMMOFINANZ AG, Annual General Meeting, Jun 26, 2023

S IMMO AG (WBAG:SPI) signed a letter of intent to acquire Hungarian office Porfolio from IMMOFINANZ AG (WBAG:IIA).

IMMOFINANZ AG (WBAG:IIA) agreed to acquire Portfolio of 53 retail properties from CPI Property Group S.A. (XTRA:O5G) for approximately €330 million.

Passerinvest Group, a.s acquired BBC Gamma office building in Prague from IMMOFINANZ AG (WBAG:IIA).

Second quarter 2022 earnings released: EPS: €0.65 (vs €0.86 in 2Q 2021)

IMMOFINANZ AG Announces Supervisory Board Changes

IMMOFINANZ AG Announces Management Changes

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS: €2.82 (vs €1.50 loss in FY 2020)

Full year 2021 earnings released: EPS: €2.81 (vs €1.50 loss in FY 2020)

IMMOFINANZ Provides Dividend Guidance for the 2022

IMMOFINANZ AG Changes on the Supervisory Board

Jet Industrial Lease Sicav, A.S acquired Airport Business Centre office building from IMMOFINANZ AG (WBAG:IIA).

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of €0.75 per share

Second quarter 2021 earnings released: EPS €0.86 (vs €0.82 loss in 2Q 2020)

Member of the Executive Board & CEO Ronny Pecik has left the company

Upcoming dividend of €0.55 per share

First quarter 2021 earnings released: EPS €1.00 (vs €0.37 loss in 1Q 2020)

Full year 2020 earnings released: €1.50 loss per share (vs €3.33 profit in FY 2019)

IMMOFINANZ AG Announces Review Procedure Initiated by the Austrian Takeover Commission Pursuant to Section 33 of the Austrian Takeover Act

IMMOFINANZ AG (WBAG:IIA) made an offer to acquire the remaining 72.5% stake in S IMMO AG (WBAG:SPI) for approximately €930 million.

IMMOFINANZ Leases 10,000 Sqm of Office Space in the Myhive Am Wienerberg to AUVA

New 90-day high: €17.85

IMMOFINANZ AG Announces Potential Change in the Structure of Shareholders and the Executive Board

New 90-day high: €17.45

New 90-day high: €17.08

IMMOFINANZ AG (WBAG:IIA) agreed to acquire Two Czech and Four Serbian Retail Parks from Mitiska REIM.

New 90-day high: €16.66

Third quarter 2020 earnings released: EPS €0.28

New 90-day high: €14.81

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: €13.15

IMMOFINANZ AG Announces Supervisory Board Changes

IMMOFINANZ AG Announces Executive Changes

New 90-day low: €13.69

New 90-day low - €13.76

First half earnings released

Deka Immobilien GmbH acquired Panta Rhei office building in Düsseldorf from IMMOFINANZ AG (WBAG:IIA).

New 90-day low - €14.47

IMMOFINANZ AG To Be Deleted From Other OTC

IMMOFINANZ AG has completed a Follow-on Equity Offering in the amount of €236.062195 million.

Shareholder Returns

Price Volatility

About the Company

IMMOFINANZ AG Fundamentals Summary