TLG Immobilien AG operates as a commercial real estate company in Germany. More Details
Adequate balance sheet and fair value.
Share Price & News
How has TLG Immobilien's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TLG is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TLG's weekly volatility (4%) has been stable over the past year.
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: TLG underperformed the German Real Estate industry which returned -0.8% over the past year.
Return vs Market: TLG underperformed the German Market which returned 4.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TLG Immobilien's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall StIntrinsic Calculation For TLG Immobilien AG (ETR:TLG) Shows Investors Are Overpaying
2 years ago | Simply Wall StIs TLG Immobilien AG's (ETR:TLG) Balance Sheet Strong Enough To Weather A Storm?
2 years ago | Simply Wall StDoes TLG Immobilien AG (ETR:TLG) Have A Good P/E Ratio?
Is TLG Immobilien undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TLG (€22.98) is trading above our estimate of fair value (€11.4)
Significantly Below Fair Value: TLG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TLG is good value based on its PE Ratio (3.6x) compared to the DE Real Estate industry average (12.3x).
PE vs Market: TLG is good value based on its PE Ratio (3.6x) compared to the German market (24.6x).
Price to Earnings Growth Ratio
PEG Ratio: TLG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TLG is good value based on its PB Ratio (0.7x) compared to the DE Real Estate industry average (1.3x).
How is TLG Immobilien forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TLG's earnings are forecast to decline over the next 3 years (-41.1% per year).
Earnings vs Market: TLG's earnings are forecast to decline over the next 3 years (-41.1% per year).
High Growth Earnings: TLG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TLG's revenue is expected to decline over the next 3 years (-11.9% per year).
High Growth Revenue: TLG's revenue is forecast to decline over the next 3 years (-11.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TLG's Return on Equity is forecast to be high in 3 years time
How has TLG Immobilien performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TLG has a large one-off gain of €652.8M impacting its September 30 2020 financial results.
Growing Profit Margin: TLG's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: TLG's earnings have grown significantly by 38.7% per year over the past 5 years.
Accelerating Growth: TLG's earnings growth over the past year (37.3%) is below its 5-year average (38.7% per year).
Earnings vs Industry: TLG earnings growth over the past year (37.3%) exceeded the Real Estate industry 0.09%.
Return on Equity
High ROE: TLG's Return on Equity (18.7%) is considered low.
How is TLG Immobilien's financial position?
Financial Position Analysis
Short Term Liabilities: TLG's short term assets (€957.1M) exceed its short term liabilities (€275.2M).
Long Term Liabilities: TLG's short term assets (€957.1M) do not cover its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: TLG's debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: TLG's debt to equity ratio has reduced from 94.4% to 28.7% over the past 5 years.
Debt Coverage: TLG's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: TLG's interest payments on its debt are well covered by EBIT (4.9x coverage).
What is TLG Immobilien current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TLG's dividend (4.18%) is higher than the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: TLG's dividend (4.18%) is in the top 25% of dividend payers in the German market (3.47%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TLG has been paying a dividend for less than 10 years.
Growing Dividend: TLG's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.2%), TLG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
TLG Immobilien has no CEO, or we have no data on them.
|Member of the Management Board||0.42yr||no data||no data|
|Member of the Management Board||0.25yr||no data||no data|
|Head of Corporate Communications||no data||no data||no data|
|Head of Office of the Management Board||no data||no data||no data|
|Head of Transaction Management||2yrs||no data||no data|
Experienced Management: TLG's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
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.
TLG Immobilien AG's company bio, employee growth, exchange listings and data sources
- Name: TLG Immobilien AG
- Ticker: TLG
- Exchange: XTRA
- Founded: 1991
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: €2.589b
- Shares outstanding: 112.18m
- Website: https://www.tlg.eu
Number of Employees
- TLG Immobilien AG
- Hausvogteiplatz 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TLG||DB (Deutsche Boerse AG)||Yes||Registered Ordinary Shares||DE||EUR||Oct 2014|
|TLG||XTRA (XETRA Trading Platform)||Yes||Registered Ordinary Shares||DE||EUR||Oct 2014|
|0R3N||LSE (London Stock Exchange)||Yes||Registered Ordinary Shares||GB||EUR||Oct 2014|
|TLGd||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Ordinary Shares||GB||EUR||Oct 2014|
|TLG||WBAG (Wiener Boerse AG)||Yes||Registered Ordinary Shares||AT||EUR||Oct 2014|
TLG Immobilien AG operates as a commercial real estate company in Germany. The company is also involved in the letting, management, acquisition, development, disposal, and renting of office, retail, and ho...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 18:46|
|End of Day Share Price||2021/01/22 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.