Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €610, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 10x in the Real Estate industry in Germany. Total loss to shareholders of 37% over the past three years. Upcoming Dividend • Jun 01
Upcoming dividend of €40.00 per share Eligible shareholders must have bought the stock before 08 June 2026. Payment date: 10 June 2026. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.0%). Announcement • Apr 30
Franconofurt AG announces Annual dividend, payable on June 10, 2026 Franconofurt AG announced Annual dividend of EUR 10.0000 per share payable on June 10, 2026, ex-date on June 08, 2026 and record date on June 09, 2026. Announcement • Apr 29
Franconofurt AG, Annual General Meeting, Jun 05, 2026 Franconofurt AG, Annual General Meeting, Jun 05, 2026, at 11:00 W. Europe Standard Time. Reported Earnings • Apr 17
Full year 2025 earnings released Full year 2025 results: Revenue: €8.89m (down 17% from FY 2024). Net income: €2.96m (up 50% from FY 2024). Profit margin: 33% (up from 19% in FY 2024). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €740, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 11x in the Real Estate industry in Germany. Total loss to shareholders of 40% over the past three years. New Risk • Nov 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks High level of debt (127% net debt to equity). Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (7.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€32.8m market cap, or US$37.7m). New Risk • Jun 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks High level of debt (127% net debt to equity). Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€35.3m market cap, or US$40.2m). Upcoming Dividend • Jun 05
Upcoming dividend of €10.00 per share Eligible shareholders must have bought the stock before 12 June 2025. Payment date: 16 June 2025. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €840, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 18x in the Real Estate industry in Germany. Total loss to shareholders of 33% over the past three years. New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks High level of debt (126% net debt to equity). Large one-off items impacting financial results. Market cap is less than US$100m (€36.5m market cap, or US$41.5m). New Risk • Mar 27
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Minor Risks High level of debt (132% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin). Market cap is less than US$100m (€35.5m market cap, or US$38.4m). Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €900, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 17x in the Real Estate industry in Germany. Total loss to shareholders of 31% over the past three years. New Risk • Oct 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (132% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin). Market cap is less than US$100m (€38.0m market cap, or US$41.6m). Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €680, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 15x in the Real Estate industry in Germany. Total loss to shareholders of 50% over the past three years. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (132% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin). Market cap is less than US$100m (€38.0m market cap, or US$41.0m). Announcement • May 10
Franconofurt AG, Annual General Meeting, Jun 18, 2024 Franconofurt AG, Annual General Meeting, Jun 18, 2024, at 11:00 W. Europe Standard Time. New Risk • Apr 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.7% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (132% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.7% net profit margin). Market cap is less than US$100m (€37.5m market cap, or US$40.4m). Reported Earnings • Mar 27
Full year 2023 earnings released Full year 2023 results: Revenue: €6.41m (down 60% from FY 2022). Net income: €1.37m (down 54% from FY 2022). Profit margin: 22% (up from 19% in FY 2022). The increase in margin was driven by lower expenses. New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 28% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 28% over the past year. Minor Risks High level of debt (172% net debt to equity). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€37.5m market cap, or US$41.4m). Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €700, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 16x in the Real Estate industry in Germany. Total loss to shareholders of 33% over the past three years. New Risk • Oct 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (172% net debt to equity). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€48.0m market cap, or US$50.8m). Upcoming Dividend • May 27
Upcoming dividend of €40.00 per share Eligible shareholders must have bought the stock before 03 June 2022. Payment date: 07 June 2022. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (4.3%). Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 15% share price gain to €1,500, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 17x in the Real Estate industry in Germany. Total returns to shareholders of 28% over the past three years. Upcoming Dividend • May 12
Upcoming dividend of €80.00 per share Eligible shareholders must have bought the stock before 19 May 2021. Payment date: 21 May 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (3.2%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improved over the past week After last week's 17% share price gain to €1,230, the stock is trading at a trailing P/E ratio of 31x, up from the previous P/E ratio of 26.5x. This compares to an average P/E of 14x in the Real Estate industry in Germany. Total returns to shareholders over the past three years were flat. Is New 90 Day High Low • Mar 02
New 90-day low: €1,050 The company is down 5.0% from its price of €1,100 on 01 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 3.0% over the same period. Is New 90 Day High Low • Feb 09
New 90-day high: €1,200 The company is up 9.0% from its price of €1,100 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 31
New 90-day low: €1,030 The company is down 3.0% from its price of €1,060 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is down 2.0% over the same period.