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FC9

FCR ImmobilienXTRA:FC9 Stock Report

Market Cap

€145.5m

7D

6.3%

1Y

31.9%

Updated

25 Nov, 2021

Data

Company Financials +
FC9 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health1/6
Dividends3/6

FC9 Stock Overview

FCR Immobilien & Vermögensverwaltungs GmbH & Co.

Price History & Performance

Summary of all time highs, changes and price drops for FCR Immobilien
Historical stock prices
Current Share Price€15.30
52 Week High€15.50
52 Week Low€10.60
Beta0.47
1 Month Change12.50%
3 Month Change24.39%
1 Year Change31.90%
3 Year Change70.72%
5 Year Changen/a
Change since IPO63.64%

Recent News & Updates

Mar 18
The FCR Immobilien (ETR:FC9) Share Price Has Gained 11% And Shareholders Are Hoping For More

The FCR Immobilien (ETR:FC9) Share Price Has Gained 11% And Shareholders Are Hoping For More

We believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...

Shareholder Returns

FC9DE Real EstateDE Market
7D6.3%-3.0%-2.5%
1Y31.9%-0.5%20.0%

Return vs Industry: FC9 exceeded the German Real Estate industry which returned 0.2% over the past year.

Return vs Market: FC9 exceeded the German Market which returned 19.6% over the past year.

Price Volatility

Is FC9's price volatile compared to industry and market?
FC9 volatility
FC9 Average Weekly Movement2.3%
Real Estate Industry Average Movement3.7%
Market Average Movement4.7%
10% most volatile stocks in DE Market8.9%
10% least volatile stocks in DE Market2.4%

Stable Share Price: FC9 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: FC9's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a102n/ahttps://fcr-immobilien.de

FCR Immobilien & Vermögensverwaltungs GmbH & Co. KG is based in Krailling, Germany.

FCR Immobilien Fundamentals Summary

How do FCR Immobilien's earnings and revenue compare to its market cap?
FC9 fundamental statistics
Market Cap€145.47m
Earnings (TTM)€8.83m
Revenue (TTM)€25.94m

16.9x

P/E Ratio

5.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FC9 income statement (TTM)
Revenue€25.94m
Cost of Revenue€6.79m
Gross Profit€19.15m
Expenses€10.33m
Earnings€8.83m

Last Reported Earnings

Jun 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin73.83%
Net Profit Margin34.02%
Debt/Equity Ratio259.7%

How did FC9 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is FCR Immobilien undervalued compared to its fair value and its price relative to the market?

34.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FC9 (€15.3) is trading below our estimate of fair value (€23.19)

Significantly Below Fair Value: FC9 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FC9 is poor value based on its PE Ratio (16.9x) compared to the German Real Estate industry average (14.4x).

PE vs Market: FC9 is good value based on its PE Ratio (16.9x) compared to the German market (21.7x).


Price to Earnings Growth Ratio

PEG Ratio: FC9 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: FC9 is overvalued based on its PB Ratio (1.7x) compared to the DE Real Estate industry average (1.3x).


Future Growth

How is FCR Immobilien forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

33.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FC9's forecast earnings growth (33.3% per year) is above the savings rate (-0.01%).

Earnings vs Market: FC9's earnings (33.3% per year) are forecast to grow faster than the German market (12.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FC9's revenue (13.5% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: FC9's revenue (13.5% per year) is forecast to grow slower 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 (17.3%).


Past Performance

How has FCR Immobilien performed over the past 5 years?

34.0%

Last years 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: Insufficient data to determine if FC9's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare FC9's past year earnings growth to its 5-year average.

Earnings vs Industry: FC9 earnings growth over the past year (34%) exceeded the Real Estate industry -2.9%.


Return on Equity

High ROE: FC9's Return on Equity (10.2%) is considered low.


Financial Health

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 net debt to equity ratio (254.1%) 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).


Balance Sheet


Dividend

What is FCR Immobilien current dividend yield, its reliability and sustainability?

1.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FC9's dividend (1.96%) is higher than the bottom 25% of dividend payers in the German market (0.99%).

High Dividend: FC9's dividend (1.96%) is low compared to the top 25% of dividend payers in the German market (3.25%).


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 3 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% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

FCR Immobilien has no CEO, or we have no data on them.


Leadership Team

Experienced Management: FC9's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: FC9's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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 6.7%.


Top Shareholders

Company Information

FCR Immobilien AG's employee growth, exchange listings and data sources


Key Information

  • Name: FCR Immobilien AG
  • Ticker: FC9
  • Exchange: XTRA
  • Founded: NaN
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: €145.469m
  • Shares outstanding: 9.76m
  • Website: https://fcr-immobilien.de

Number of Employees


Location

  • FCR Immobilien AG
  • Kirchplatz 1
  • Pullach
  • Bavaria
  • 82049
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/25 23:32
End of Day Share Price2021/11/25 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.