DEMIRE Deutsche Mittelstand Real Estate AG engages in the acquisition, management, and rental of commercial real estate for medium-sized companies in Germany.
Fair value with acceptable track record.
Share Price & News
How has DEMIRE Deutsche Mittelstand Real Estate's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: DMRE exceeded the German Real Estate industry which returned 3% over the past year.
Return vs Market: DMRE exceeded the German Market which returned 3.4% over the past year.
Price Volatility Vs. Market
How volatile is DEMIRE Deutsche Mittelstand Real Estate's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand DEMIRE Deutsche Mittelstand Real Estate AG (ETR:DMRE)
1 month ago | Simply Wall StDEMIRE Deutsche Mittelstand Real Estate (ETR:DMRE) Shareholders Have Enjoyed An Impressive 201% Share Price Gain
2 months ago | Simply Wall StIs DEMIRE Deutsche Mittelstand Real Estate AG's (ETR:DMRE) 11% ROE Strong Compared To Its Industry?
Is DEMIRE Deutsche Mittelstand Real Estate undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: DMRE (€5.16) is trading above our estimate of fair value (€0.76)
Significantly Undervalued: DMRE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DMRE is good value based on its PE Ratio (9.2x) compared to the Real Estate industry average (13.2x).
PE vs Market: DMRE is good value based on its PE Ratio (9.2x) compared to the German market (19.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: DMRE is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: DMRE is good value based on its PB Ratio (1x) compared to the DE Real Estate industry average (1.4x).
How is DEMIRE Deutsche Mittelstand Real Estate forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DMRE's forecast earnings growth (6.8% per year) is above the savings rate (0.2%).
Earnings vs Market: DMRE's earnings (6.8% per year) are forecast to grow slower than the German market (12.6% per year).
High Growth Earnings: DMRE's earnings are forecast to grow, but not significantly.
Revenue vs Market: DMRE's revenue (7.8% per year) is forecast to grow faster than the German market (5% per year).
High Growth Revenue: DMRE's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: DMRE's Return on Equity is forecast to be low in 3 years time (6.9%).
How has DEMIRE Deutsche Mittelstand Real Estate performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DMRE has become profitable over the past 5 years, growing earnings by 11.5% per year.
Accelerating Growth: DMRE's earnings growth over the past year (8.8%) is below its 5-year average (11.5% per year).
Earnings vs Industry: DMRE earnings growth over the past year (8.8%) exceeded the Real Estate industry 2.5%.
Return on Equity
High ROE: DMRE's Return on Equity (10.5%) is considered low.
Return on Assets
ROA vs Industry: DMRE's Return on Assets is below or equal to the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: DMRE has significantly improved its Return on Capital Employed over the past 3 years.
How is DEMIRE Deutsche Mittelstand Real Estate's financial position?
Financial Position Analysis
Short Term Liabilities: DMRE's short term assets (€175.9M) exceeds its short term liabilities (€66.3M)
Long Term Liabilities: DMRE's short term assets (175.9M) do not cover its long term liabilities (818.9M)
Debt to Equity History and Analysis
Debt Level: DMRE's debt to equity ratio (116.4%) is considered high
Reducing Debt: DMRE's debt to equity ratio has reduced from 447.7% to 116.4% over the past 5 years.
Debt Coverage: DMRE's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: DMRE's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Inventory Level: DMRE has a low level of unsold assets or inventory.
Debt Coverage by Assets: DMRE's debt is not covered by short term assets (assets are 0.2x debt).
What is DEMIRE Deutsche Mittelstand Real Estate's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate DMRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DMRE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if DMRE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DMRE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DMRE's dividend in 3 years as they are not forecast to pay a notable one for the German market.
What is the CEO of DEMIRE Deutsche Mittelstand Real Estate's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Ingo Hartlief (54yo)
Mr. Ingo Hartlief, FRICS has been Deputy Chairman of the Supervisory Board at Fair Value REIT-AG since May 20, 2019. Mr. Hartlief served as Chairman of the Management Board and Chief Executive Officer of F ...
Management Age and Tenure
Experienced Management: DMRE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Age and Tenure
Experienced Board: DMRE's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Michael Tegeder (40yo)
Head of Investor Relations & Corporate Finance
- Tenure: 0.4yrs
Ingo Hartlief (54yo)
CEO & Chairman of Executive Board
- Tenure: 0.8yrs
Tim Brückner (41yo)
CFO & Member of Executive Board
- Tenure: 0.7yrs
Frank Hölzle (51yo)
Supervisory Board Vice Chairman
- Tenure: 2.7yrs
Chairman of Supervisory Board
- Tenure: 1.3yrs
Member of Supervisory Board
- Tenure: 0.4yrs
DEMIRE Deutsche Mittelstand Real Estate AG's company bio, employee growth, exchange listings and data sources
- Name: DEMIRE Deutsche Mittelstand Real Estate AG
- Ticker: DMRE
- Exchange: XTRA
- Founded: 2006
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €556.131m
- Shares outstanding: 107.78m
- Website: https://www.demire.ag
Number of Employees
- DEMIRE Deutsche Mittelstand Real Estate AG
- Robert-Bosch-Strasse 11
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DMRE||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jul 2006|
|DMRE||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Jul 2006|
|0KG2||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Jul 2006|
|DMREd||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Jul 2006|
DEMIRE Deutsche Mittelstand Real Estate AG engages in the acquisition, management, and rental of commercial real estate for medium-sized companies in Germany. It operates in two segments, Core Portfolio an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/17 20:51|
|End of Day Share Price||2019/10/17 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.