Deutsche Konsum REIT-AG, a real estate investment trust, engages in the acquisition, leasing and management, and sale of retail properties in Germany. More Details
Good value with reasonable growth potential.
Share Price & News
How has Deutsche Konsum REIT-AG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DKG is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DKG's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DKG exceeded the German REITs industry which returned -5% over the past year.
Return vs Market: DKG matched the German Market which returned 2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Deutsche Konsum REIT-AG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIntroducing Deutsche Konsum REIT-AG (ETR:DKG), A Stock That Climbed 52% In The Last Three Years
2 months ago | Simply Wall StWith A Return On Equity Of 7.9%, Has Deutsche Konsum REIT-AG's (ETR:DKG) Management Done Well?
3 months ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Deutsche Konsum REIT-AG's (ETR:DKG) Shares?
Is Deutsche Konsum REIT-AG undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DKG (€15.9) is trading below our estimate of fair value (€44.93)
Significantly Below Fair Value: DKG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DKG is poor value based on its PE Ratio (16.8x) compared to the DE REITs industry average (9.1x).
PE vs Market: DKG is good value based on its PE Ratio (16.8x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: DKG is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: DKG's PB Ratio (1.5x) is in line with the DE REITs industry average.
How is Deutsche Konsum REIT-AG forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DKG's forecast earnings growth (30.8% per year) is above the savings rate (0.2%).
Earnings vs Market: DKG's earnings (30.8% per year) are forecast to grow faster 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: DKG's revenue (14.7% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: DKG's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DKG's Return on Equity is forecast to be low in 3 years time (14.6%).
How has Deutsche Konsum REIT-AG performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DKG has high quality earnings.
Growing Profit Margin: DKG's current net profit margins (44.7%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: DKG has become profitable over the past 5 years, growing earnings by 33.1% per year.
Accelerating Growth: DKG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DKG had negative earnings growth (-45.8%) over the past year, making it difficult to compare to the REITs industry average (-33.7%).
Return on Equity
High ROE: DKG's Return on Equity (7.9%) is considered low.
How is Deutsche Konsum REIT-AG's financial position?
Financial Position Analysis
Short Term Liabilities: DKG's short term assets (€93.4M) exceed its short term liabilities (€27.0M).
Long Term Liabilities: DKG's short term assets (€93.4M) do not cover its long term liabilities (€499.5M).
Debt to Equity History and Analysis
Debt Level: DKG's debt to equity ratio (132.8%) is considered high.
Reducing Debt: DKG's debt to equity ratio has reduced from 260.1% to 132.8% over the past 5 years.
Debt Coverage: DKG's debt is not well covered by operating cash flow (6%).
Interest Coverage: DKG's interest payments on its debt are well covered by EBIT (6x coverage).
What is Deutsche Konsum REIT-AG current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DKG's dividend (2.2%) is higher than the bottom 25% of dividend payers in the German market (1.14%).
High Dividend: DKG's dividend (2.2%) is low compared to the top 25% of dividend payers in the German market (3.72%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, DKG has been paying a dividend for less than 10 years.
Growing Dividend: DKG's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36%), DKG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DKG's dividends in 3 years are forecast to be covered by earnings (50.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rolf Elgeti (44 yo)
Mr. Rolf Elgeti, CFA serves as Chairman of Management Board and Chief Executive Officer at Deutsche Konsum REIT-AG and serves as its Member of Management Board. Mr. Elgeti is the Founder and General Partne...
CEO Compensation Analysis
Compensation vs Market: Rolf's total compensation ($USD86.63K) is below average for companies of similar size in the German market ($USD1.20M).
Compensation vs Earnings: Rolf's compensation has been consistent with company performance over the past year.
|Chairman of Supervisory Board||no data||no data||no data|
|Member of Supervisory Board||4.67yrs||no data||no data|
|Second Deputy Chairman of Supervisory Board||0.75yr||no data||no data|
|First Deputy Chairman of Supervisory Board||no data||no data||no data|
|Member of Supervisory Board||4.67yrs||no data||no data|
|Member of Supervisory Board||0.75yr||no data||no data|
Experienced Board: DKG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.
Deutsche Konsum REIT-AG's company bio, employee growth, exchange listings and data sources
- Name: Deutsche Konsum REIT-AG
- Ticker: DKG
- Exchange: XTRA
- Founded: 2008
- Industry: Retail REITs
- Sector: Real Estate
- Market Cap: €555.464m
- Shares outstanding: 35.16m
- Website: https://www.deutsche-konsum.de
Number of Employees
- Deutsche Konsum REIT-AG
- August-Bebel-Str. 68
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DKG||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Dec 2015|
|DKG||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Dec 2015|
|0RDE||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Dec 2015|
|DKGD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Dec 2015|
Deutsche Konsum REIT-AG, a real estate investment trust, engages in the acquisition, leasing and management, and sale of retail properties in Germany. As of September 30, 2017, the company had a portfolio ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 19:53|
|End of Day Share Price||2020/12/03 00:00|
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.