XTRA:CRZK

Stock Analysis Report

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CR Capital Real Estate

Executive Summary

CR Capital Real Estate AG develops, invests, and sells real estate projects to owner-occupiers and institutional customers. More Details


Snowflake Analysis

Outstanding track record and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CRZK is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CRZK's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

4.4%

CRZK

-0.3%

DE Real Estate

0.4%

DE Market


1 Year Return

31.9%

CRZK

5.4%

DE Real Estate

2.3%

DE Market

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

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


Shareholder returns

CRZKIndustryMarket
7 Day4.4%-0.3%0.4%
30 Day21.8%3.2%9.4%
90 Day18.8%0.4%4.0%
1 Year31.9%31.9%8.1%5.4%5.6%2.3%
3 Year246.4%233.4%21.2%12.1%4.4%-4.7%
5 Year425.0%405.3%72.9%53.0%26.8%9.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CRZK (€33.5) is trading above our estimate of fair value (€22.65)

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


Price To Earnings Ratio

PE vs Industry: CRZK is good value based on its PE Ratio (1.4x) compared to the DE Real Estate industry average (12.1x).

PE vs Market: CRZK is good value based on its PE Ratio (1.4x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: CRZK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CRZK is good value based on its PB Ratio (1x) compared to the DE Real Estate industry average (1.3x).


Next Steps

Future Growth

How is CR Capital Real Estate forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-29.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRZK's earnings are forecast to decline over the next 3 years (-29.8% per year).

Earnings vs Market: CRZK's earnings are forecast to decline over the next 3 years (-29.8% per year).

High Growth Earnings: CRZK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CRZK's revenue (4.3% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: CRZK's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CRZK's Return on Equity is forecast to be low in 3 years time (19.7%).


Next Steps

Past Performance

How has CR Capital Real Estate performed over the past 5 years?

79.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRZK has high quality earnings.

Growing Profit Margin: CRZK's current net profit margins are higher than last year (36.5%).


Past Earnings Growth Analysis

Earnings Trend: CRZK's earnings have grown significantly by 79.9% per year over the past 5 years.

Accelerating Growth: CRZK's earnings growth over the past year (1220.2%) exceeds its 5-year average (79.9% per year).

Earnings vs Industry: CRZK earnings growth over the past year (1220.2%) exceeded the Real Estate industry 0.09%.


Return on Equity

High ROE: CRZK's Return on Equity (77.9%) is considered outstanding.


Next Steps

Financial Health

How is CR Capital Real Estate's financial position?


Financial Position Analysis

Short Term Liabilities: CRZK's short term assets (€5.0M) do not cover its short term liabilities (€5.2M).

Long Term Liabilities: CRZK's short term assets (€5.0M) do not cover its long term liabilities (€7.8M).


Debt to Equity History and Analysis

Debt Level: CRZK's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: CRZK's debt to equity ratio has reduced from 30.5% to 3.2% over the past 5 years.

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

Interest Coverage: CRZK earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

7.18%

Forecast Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CRZK'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 CRZK's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CRZK'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?

7.3yrs

Average board tenure


CEO

CR Capital Real Estate has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Stefan Krach
Chairman of the Supervisory Board12.92yrsno datano data
Peter Peitz
Member of the Supervisory Board7.33yrsno datano data
Rolf Richter
Deputy Chairman of Supervisory Board0.92yrno datano data

7.3yrs

Average Tenure

62yo

Average Age

Experienced Board: CRZK's board of directors are considered experienced (7.3 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 been diluted in the past year, with total shares outstanding growing by 2.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: CR Capital Real Estate AG
  • Ticker: CRZK
  • Exchange: XTRA
  • Founded: 2008
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: €124.361m
  • Shares outstanding: 3.75m
  • Website: https://www.capital-real-estate-ag.de

Number of Employees


Location

  • CR Capital Real Estate AG
  • Fasanenstrasse 77
  • Berlin
  • Berlin
  • 10623
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRZKDB (Deutsche Boerse AG)YesBearer SharesDEEUROct 2008
CRZKXTRA (XETRA Trading Platform)YesBearer SharesDEEUROct 2008
CRZKBST (Boerse-Stuttgart)YesBearer SharesDEEUROct 2008

Biography

CR Capital Real Estate AG develops, invests, and sells real estate projects to owner-occupiers and institutional customers. It also offers various financial services. The company was founded in 2008 and is...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 18:46
End of Day Share Price2020/12/03 00:00
Earnings2020/06/30
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.