XTRA:JB7

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Deutsche Industrie REIT-AG

Executive Summary

Deutsche Industrie REIT-AG, a real estate investment trust, invests in real estate properties in Germany. More Details


Snowflake Analysis

Good value with moderate growth potential.

Share Price & News

How has Deutsche Industrie REIT-AG's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JB7 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: JB7's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.4%

JB7

1.5%

DE REITs

0.4%

DE Market


1 Year Return

5.7%

JB7

-3.7%

DE REITs

2.3%

DE Market

Return vs Industry: JB7 exceeded the German REITs industry which returned -5% over the past year.

Return vs Market: JB7 exceeded the German Market which returned 2% over the past year.


Shareholder returns

JB7IndustryMarket
7 Day2.4%1.5%0.4%
30 Day-0.6%-1.3%9.4%
90 Day-8.2%-8.2%4.0%
1 Year6.5%5.7%-0.3%-3.7%5.6%2.3%
3 Year195.9%186.7%30.9%16.7%4.4%-4.7%
5 Yearn/a9.8%-6.7%26.8%9.0%

Long-Term Price Volatility Vs. Market

How volatile is Deutsche Industrie REIT-AG's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Deutsche Industrie REIT-AG undervalued compared to its fair value and its price relative to the market?

49.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JB7 (€16.8) is trading below our estimate of fair value (€33.5)

Significantly Below Fair Value: JB7 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JB7 is poor value based on its PE Ratio (9.4x) compared to the DE REITs industry average (9.1x).

PE vs Market: JB7 is good value based on its PE Ratio (9.4x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: JB7 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: JB7's PB Ratio (1.5x) is in line with the DE REITs industry average.


Next Steps

Future Growth

How is Deutsche Industrie REIT-AG forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JB7's forecast earnings growth (20.7% per year) is above the savings rate (0.2%).

Earnings vs Market: JB7's earnings (20.7% per year) are forecast to grow slower 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: JB7's revenue (18.7% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: JB7's revenue (18.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JB7's Return on Equity is forecast to be low in 3 years time (11.3%).


Next Steps

Past Performance

How has Deutsche Industrie REIT-AG performed over the past 5 years?

60.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JB7 has a large one-off gain of €28.4M impacting its June 30 2020 financial results.

Growing Profit Margin: JB7's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: JB7's earnings have grown significantly by 60.1% per year over the past 5 years.

Accelerating Growth: JB7's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JB7 had negative earnings growth (-3.3%) over the past year, making it difficult to compare to the REITs industry average (-33.7%).


Return on Equity

High ROE: JB7's Return on Equity (13%) is considered low.


Next Steps

Financial Health

How is Deutsche Industrie REIT-AG's financial position?


Financial Position Analysis

Short Term Liabilities: JB7's short term assets (€92.0M) exceed its short term liabilities (€14.1M).

Long Term Liabilities: JB7's short term assets (€92.0M) do not cover its long term liabilities (€332.8M).


Debt to Equity History and Analysis

Debt Level: JB7's debt to equity ratio (91.5%) is considered high.

Reducing Debt: Insufficient data to determine if JB7's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: JB7's debt is not well covered by operating cash flow (5.4%).

Interest Coverage: JB7's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Next Steps

Dividend

What is Deutsche Industrie REIT-AG current dividend yield, its reliability and sustainability?

0.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JB7's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.14%).

High Dividend: JB7's dividend (0.95%) 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, JB7 has been paying a dividend for less than 10 years.

Growing Dividend: JB7's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.2%), JB7's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JB7's dividends in 3 years are forecast to be well covered by earnings (35.6% payout ratio).


Next Steps

Management

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

0.9yrs

Average board tenure


CEO

Rolf Elgeti (44 yo)

no data

Tenure

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...


Board Members

NamePositionTenureCompensationOwnership
Dirk Markus
First Deputy Chairman of the Supervisory Boardno datano data1.05%
€ 5.6m
Achim Betz
Second Deputy Chairman of the Supervisory Board0.92yrno datano data
Hans-Ullrich Sutter
Chairman of the Supervisory Board1.75yrsno datano data
Antje Lubitz
Member of the Supervisory Board0.92yrno datano data
Cathy Bell-Walker
Member of the Supervisory Board0.92yrno datano data

0.9yrs

Average Tenure

48yo

Average Age

Experienced Board: JB7's board of directors are not considered experienced ( 0.9 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 10%.


Top Shareholders

Company Information

Deutsche Industrie REIT-AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Deutsche Industrie REIT-AG
  • Ticker: JB7
  • Exchange: XTRA
  • Founded: 2014
  • Industry: Industrial REITs
  • Sector: Real Estate
  • Market Cap: €529.312m
  • Shares outstanding: 32.08m
  • Website: https://deutsche-industrie-reit.de

Number of Employees


Location

  • Deutsche Industrie REIT-AG
  • August-Bebel-Str. 68
  • Potsdam
  • 14482
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JB7DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2017
JB7XTRA (XETRA Trading Platform)YesCommon SharesDEEURDec 2017
DEUI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2017

Biography

Deutsche Industrie REIT-AG, a real estate investment trust, invests in real estate properties in Germany. Its property portfolio consists of medium to large industrial and commercials estates. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 19:34
End of Day Share Price2020/12/03 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.