XTRA:A4Y

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ACCENTRO Real Estate

Executive Summary

ACCENTRO Real Estate AG, together with its subsidiaries, operates as a property company that focuses on residential properties in Germany. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has ACCENTRO Real Estate's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A4Y is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: A4Y's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-0.6%

A4Y

-0.3%

DE Real Estate

0.4%

DE Market


1 Year Return

23.4%

A4Y

5.4%

DE Real Estate

2.3%

DE Market

Return vs Industry: A4Y exceeded the German Real Estate industry which returned 4.6% over the past year.

Return vs Market: A4Y exceeded the German Market which returned 2% over the past year.


Shareholder returns

A4YIndustryMarket
7 Day-0.6%-0.3%0.4%
30 Day1.1%3.2%9.4%
90 Day-3.8%0.4%4.0%
1 Year23.4%23.4%8.1%5.4%5.6%2.3%
3 Year14.9%10.8%21.2%12.1%4.4%-4.7%
5 Year238.7%221.8%72.9%53.0%26.8%9.0%

Long-Term Price Volatility Vs. Market

How volatile is ACCENTRO Real Estate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ACCENTRO Real Estate undervalued compared to its fair value and its price relative to the market?

219.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: A4Y (€8.95) is trading above our estimate of fair value (€4.47)

Significantly Below Fair Value: A4Y is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: A4Y is poor value based on its PE Ratio (219.2x) compared to the DE Real Estate industry average (12.1x).

PE vs Market: A4Y is poor value based on its PE Ratio (219.2x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: A4Y is poor value based on its PEG Ratio (8.9x)


Price to Book Ratio

PB vs Industry: A4Y is overvalued based on its PB Ratio (1.4x) compared to the DE Real Estate industry average (1.3x).


Next Steps

Future Growth

How is ACCENTRO Real Estate forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

24.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A4Y's forecast earnings growth (24.7% per year) is above the savings rate (0.2%).

Earnings vs Market: A4Y's earnings (24.7% per year) are forecast to grow slower than the German market (27.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A4Y's revenue (12.4% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: A4Y's revenue (12.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A4Y's Return on Equity is forecast to be low in 3 years time (10.3%).


Next Steps

Past Performance

How has ACCENTRO Real Estate performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A4Y has a high level of non-cash earnings.

Growing Profit Margin: A4Y's current net profit margins (1%) are lower than last year (16.1%).


Past Earnings Growth Analysis

Earnings Trend: A4Y's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: A4Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A4Y had negative earnings growth (-94.2%) over the past year, making it difficult to compare to the Real Estate industry average (0.09%).


Return on Equity

High ROE: A4Y's Return on Equity (0.6%) is considered low.


Next Steps

Financial Health

How is ACCENTRO Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: A4Y's short term assets (€604.9M) exceed its short term liabilities (€171.0M).

Long Term Liabilities: A4Y's short term assets (€604.9M) exceed its long term liabilities (€343.2M).


Debt to Equity History and Analysis

Debt Level: A4Y's debt to equity ratio (221%) is considered high.

Reducing Debt: A4Y's debt to equity ratio has reduced from 237.7% to 221% over the past 5 years.

Debt Coverage: A4Y's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: A4Y's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Next Steps

Dividend

What is ACCENTRO Real Estate current dividend yield, its reliability and sustainability?

1.66%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate A4Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate A4Y's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if A4Y's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if A4Y's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: A4Y is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of A4Y's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.0yrs

Average management tenure


CEO

Lars Schriewer

0.75

Tenure

Mr. Lars Schriewer has been Chief Executive Officer & Member of the Management Board at Accentro Real Estate AG since March 2020. He served as Director of Communications and Investor Relations of Vivacon A...


Leadership Team

NamePositionTenureCompensationOwnership
Lars Schriewer
CEO & Member of the Management Board0.75yrno datano data
Hans-Peter Kneip
CFO & Member of Management Board0.083yrno datano data
Nicole Birth
Investor Relations Professionalno datano datano data
Imke Dombrowski
In-House Lawyer8yrsno datano data
Rudolf Beger
Managing Director of Sales13.42yrsno datano data
Christian Wesner
Chief Commercial Officer8yrsno datano data

8.0yrs

Average Tenure

Experienced Management: A4Y's management team is seasoned and experienced (8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Axel Harloff
Supervisory Board Chairman6.25yrs€60.00kno data
Carsten Wolff
Supervisory Board Member0.67yr€27.50kno data
Natig Ganiyev
Supervisory Board Member3yrs€30.00k5.24%
€ 15.3m

3.0yrs

Average Tenure

Experienced Board: A4Y's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ACCENTRO Real Estate AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ACCENTRO Real Estate AG
  • Ticker: A4Y
  • Exchange: XTRA
  • Founded: 1993
  • Industry: Real Estate Services
  • Sector: Real Estate
  • Market Cap: €291.941m
  • Shares outstanding: 32.44m
  • Website: https://www.accentro.ag

Number of Employees


Location

  • ACCENTRO Real Estate AG
  • Kantstrasse 44/45
  • Berlin
  • 10625
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A4YDB (Deutsche Boerse AG)YesBearer SharesDEEURApr 2007
0LSE (London Stock Exchange)YesBearer SharesGBEURApr 2007
A4YXTRA (XETRA Trading Platform)YesBearer SharesDEEURApr 2007

Biography

ACCENTRO Real Estate AG, together with its subsidiaries, operates as a property company that focuses on residential properties in Germany. The company engages in the operation and trading of residential pr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 19:11
End of Day Share Price2020/12/03 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.