XTRA:DEQ

Stock Analysis Report

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Executive Summary

Deutsche EuroShop AG is a German-based international real estate investment company headquartered in Hamburg. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Deutsche EuroShop's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DEQ is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: DEQ's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

1.1%

DEQ

-0.3%

DE Real Estate

0.4%

DE Market


1 Year Return

-30.3%

DEQ

5.4%

DE Real Estate

2.3%

DE Market

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

Return vs Market: DEQ underperformed the German Market which returned 2% over the past year.


Shareholder returns

DEQIndustryMarket
7 Day1.1%-0.3%0.4%
30 Day58.1%3.2%9.4%
90 Day49.0%0.4%4.0%
1 Year-30.3%-30.3%8.1%5.4%5.6%2.3%
3 Year-39.3%-45.4%21.2%12.1%4.4%-4.7%
5 Year-45.2%-54.2%72.9%53.0%26.8%9.0%

Long-Term Price Volatility Vs. Market

How volatile is Deutsche EuroShop's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Deutsche EuroShop undervalued compared to its fair value and its price relative to the market?

16.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DEQ (€17.91) is trading below our estimate of fair value (€21.47)

Significantly Below Fair Value: DEQ is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DEQ is unprofitable, so we can't compare its PE Ratio to the DE Real Estate industry average.

PE vs Market: DEQ is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DEQ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DEQ is good value based on its PB Ratio (0.5x) compared to the DE Real Estate industry average (1.3x).


Next Steps

Future Growth

How is Deutsche EuroShop forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

111.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DEQ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: DEQ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: DEQ is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: DEQ's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: DEQ's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DEQ's Return on Equity is forecast to be low in 3 years time (3.8%).


Next Steps

Past Performance

How has Deutsche EuroShop performed over the past 5 years?

-37.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DEQ is currently unprofitable.

Growing Profit Margin: DEQ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DEQ is unprofitable, and losses have increased over the past 5 years at a rate of 37.7% per year.

Accelerating Growth: Unable to compare DEQ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DEQ is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (0.09%).


Return on Equity

High ROE: DEQ has a negative Return on Equity (-2.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is Deutsche EuroShop's financial position?


Financial Position Analysis

Short Term Liabilities: DEQ's short term assets (€247.3M) exceed its short term liabilities (€119.0M).

Long Term Liabilities: DEQ's short term assets (€247.3M) do not cover its long term liabilities (€1.8B).


Debt to Equity History and Analysis

Debt Level: DEQ's debt to equity ratio (61.8%) is considered high.

Reducing Debt: DEQ's debt to equity ratio has reduced from 83.3% to 61.8% over the past 5 years.

Debt Coverage: DEQ's debt is not well covered by operating cash flow (8.4%).

Interest Coverage: DEQ is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Deutsche EuroShop current dividend yield, its reliability and sustainability?

5.10%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

5.5yrs

Average board tenure


CEO

Wilhelm Wellner (53 yo)

5.42yrs

Tenure

€854,000

Compensation

Mr. Wilhelm Wellner has been Member of Executive Board at Deutsche EuroShop AG since Februar 1, 2015 and has been its CEO July 1, 2015. Mr. Wellner was the Chief Financial Officer of ECE Projektmanagement ...


CEO Compensation Analysis

Compensation vs Market: Wilhelm's total compensation ($USD1.04M) is below average for companies of similar size in the German market ($USD1.59M).

Compensation vs Earnings: Wilhelm's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Alexander Otto
Supervisory Board Member18.5yrs€29.75k4.97%
€ 54.5m
Henning Kreke
Supervisory Board Member7.5yrs€29.75kno data
Roland Werner
Independent Supervisory Board Member5.5yrs€29.75kno data
Klaus Striebich
Independent Supervisory Board Member8.5yrs€29.75kno data
Reiner Strecker
Independent Supervisory Board Chairman5.5yrs€59.50kno data
Karin Dohm
Independent Deputy Chairwoman of the Supervisory Board5.5yrs€44.62kno data
Claudia Plath
Member of the Supervisory Board1.5yrs€16.51kno data
Anja Disput
Independent Member of the Supervisory Board1.5yrs€16.51kno data
Henning Eggers
Member of the Supervisory Board1.5yrs€16.51kno data

5.5yrs

Average Tenure

52yo

Average Age

Experienced Board: DEQ's board of directors are considered experienced (5.5 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

Deutsche EuroShop AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deutsche EuroShop AG
  • Ticker: DEQ
  • Exchange: XTRA
  • Founded: 2000
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: €1.096b
  • Shares outstanding: 61.78m
  • Website: https://www.deutsche-euroshop.de

Number of Employees


Location

  • Deutsche EuroShop AG
  • Heegbarg 36
  • Hamburg
  • Hamburg
  • 22391
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DEQDB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 2001
DEQXTRA (XETRA Trading Platform)YesRegistered SharesDEEURJan 2001
0I3ZLSE (London Stock Exchange)YesRegistered SharesGBEURJan 2001
DUSC.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDJan 2001
DEQDBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURJan 2001
DEQSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 2001
DEQWBAG (Wiener Boerse AG)YesRegistered SharesATEURJan 2001
DEQETLX (Eurotlx)YesRegistered SharesITEURJan 2001
DHRP.YOTCPK (Pink Sheets LLC)UNSP ADR EACH REP 0.25 ORD SHSUSUSDJun 2016
DEQ1DB (Deutsche Boerse AG)UNSP ADR EACH REP 0.25 ORD SHSDEEURJun 2016

Biography

Deutsche EuroShop AG is a German-based international real estate investment company headquartered in Hamburg. It is the largest German investor in shopping centers, and the country's only publicly traded c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 18:54
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.