FCR Immobilien & Vermögensverwaltungs GmbH & Co. More Details
Undervalued with high growth potential.
Share Price & News
How has FCR Immobilien's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FC9 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FC9's weekly volatility (3%) has been stable over the past year.
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: FC9 underperformed the German Real Estate industry which returned 4.6% over the past year.
Return vs Market: FC9 underperformed the German Market which returned 2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FCR Immobilien's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe FCR Immobilien (ETR:FC9) Share Price Is Up 14% And Shareholders Are Holding On
1 month ago | Simply Wall StIs FCR Immobilien AG (ETR:FC9) The Right Choice For A Smart Dividend Investor?
1 month ago | Simply Wall StHow Good Is FCR Immobilien AG (ETR:FC9), When It Comes To ROE?
Is FCR Immobilien 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: FC9 (€11.6) is trading below our estimate of fair value (€34.37)
Significantly Below Fair Value: FC9 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FC9 is good value based on its PE Ratio (8.8x) compared to the DE Real Estate industry average (12.1x).
PE vs Market: FC9 is good value based on its PE Ratio (8.8x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: FC9 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: FC9's PB Ratio (1.2x) is in line with the DE Real Estate industry average.
How is FCR Immobilien forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FC9's forecast earnings growth (27.3% per year) is above the savings rate (0.2%).
Earnings vs Market: FC9's earnings (27.3% 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: FC9's revenue (25.4% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: FC9's revenue (25.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FC9's Return on Equity is forecast to be low in 3 years time (15.9%).
How has FCR Immobilien performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FC9 has a large one-off gain of €7.3M impacting its June 30 2020 financial results.
Growing Profit Margin: FC9's current net profit margins (34%) are lower than last year (59.7%).
Past Earnings Growth Analysis
Earnings Trend: FC9's earnings have grown significantly by 53% per year over the past 5 years.
Accelerating Growth: FC9's earnings growth over the past year (34%) is below its 5-year average (53% per year).
Earnings vs Industry: FC9 earnings growth over the past year (34%) exceeded the Real Estate industry 0.09%.
Return on Equity
High ROE: FC9's Return on Equity (10.2%) is considered low.
How is FCR Immobilien's financial position?
Financial Position Analysis
Short Term Liabilities: FC9's short term assets (€18.2M) do not cover its short term liabilities (€18.8M).
Long Term Liabilities: FC9's short term assets (€18.2M) do not cover its long term liabilities (€232.1M).
Debt to Equity History and Analysis
Debt Level: FC9's debt to equity ratio (259.7%) is considered high.
Reducing Debt: FC9's debt to equity ratio has reduced from 468.8% to 259.7% over the past 5 years.
Debt Coverage: FC9's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FC9's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is FCR Immobilien current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FC9's dividend (2.59%) is higher than the bottom 25% of dividend payers in the German market (1.14%).
High Dividend: FC9's dividend (2.59%) 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, FC9 has been paying a dividend for less than 10 years.
Growing Dividend: FC9's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.7%), FC9's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FC9's dividends in 3 years are forecast to be well covered by earnings (25.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
FCR Immobilien has no CEO, or we have no data on them.
|Founder & Member of Management Board||no data||no data||0.15% |
|Head of Asset Management||1.33yrs||no data||no data|
|Head of Innovation||1.33yrs||no data||no data|
|Head of Origination||1.92yrs||no data||no data|
|Head of Asset Management||1.92yrs||no data||no data|
Experienced Management: FC9's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Deputy Chairman of the Supervisory Board||0.42yr||no data||no data|
|Member of the Supervisory Board||0.92yr||no data||no data|
|Chairman of Supervisory Board||1.42yrs||no data||no data|
Experienced Board: FC9's board of directors are not considered experienced ( 0.9 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 not been meaningfully diluted in the past year.
FCR Immobilien AG's company bio, employee growth, exchange listings and data sources
- Name: FCR Immobilien AG
- Ticker: FC9
- Exchange: XTRA
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: €106.098m
- Shares outstanding: 9.15m
- Website: https://www.fcr-immobilien.de
Number of Employees
- FCR Immobilien AG
- Paul-Heyse-Strasse 28
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FC9||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Nov 2018|
|FC9||XTRA (XETRA Trading Platform)||Yes||Share Capital||DE||EUR||Nov 2018|
FCR Immobilien & Vermögensverwaltungs GmbH & Co. KG is based in Krailling, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 20:03|
|End of Day Share Price||2020/12/02 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.