TLG

TLG ImmobilienXTRA:TLG Stock Report

Market Cap

€3.3b

7D

-2.8%

1Y

70.6%

Updated

18 Sep, 2021

Data

Company Financials
TLG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends3/6

TLG Overview

TLG Immobilien AG operates as a commercial real estate company in Germany.

TLG Immobilien Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TLG Immobilien
Historical stock prices
Current Share Price€29.00
52 Week High€14.47
52 Week Low€32.60
Beta1.54
1 Month Change-6.75%
3 Month Change2.47%
1 Year Change70.59%
3 Year Change29.58%
5 Year Change46.61%
Change since IPO169.77%

Recent News & Updates

Shareholder Returns

TLGDE Real EstateDE Market
7D-2.8%-0.03%-1.2%
1Y70.6%3.6%22.3%

Return vs Industry: TLG exceeded the German Real Estate industry which returned 3.5% over the past year.

Return vs Market: TLG exceeded the German Market which returned 22.4% over the past year.

Price Volatility

Is TLG's price volatile compared to industry and market?
TLG volatility
TLG Beta1.54
Industry Beta0.58
Market Beta1

Stable Share Price: TLG is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1991112Roy Vishnovizkihttps://www.tlg.eu

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, hotel, and other properties. It operates seven hotels.

Valuation

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

8.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TLG (€29) is trading above our estimate of fair value (€14.59)

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 (8.8x) compared to the German Real Estate industry average (15.1x).

PE vs Market: TLG is good value based on its PE Ratio (8.8x) compared to the German market (23.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TLG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TLG is good value based on its PB Ratio (1x) compared to the DE Real Estate industry average (1.3x).


Future Growth

How is TLG Immobilien forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-5.4%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TLG Immobilien has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has TLG Immobilien performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TLG has a large one-off gain of €316.2M impacting its June 30 2021 financial results.

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


Past Earnings Growth Analysis

Earnings Trend: TLG's earnings have grown significantly by 29.3% per year over the past 5 years.

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

Earnings vs Industry: TLG had negative earnings growth (-24.5%) over the past year, making it difficult to compare to the Real Estate industry average (-6.3%).


Return on Equity

High ROE: TLG's Return on Equity (11.5%) is considered low.


Financial Health

How is TLG Immobilien's financial position?


Financial Position Analysis

Short Term Liabilities: TLG's short term assets (€568.3M) exceed its short term liabilities (€81.3M).

Long Term Liabilities: TLG's short term assets (€568.3M) do not cover its long term liabilities (€2.8B).


Debt to Equity History and Analysis

Debt Level: TLG's debt to equity ratio (54.8%) is considered high.

Reducing Debt: TLG's debt to equity ratio has reduced from 90.9% to 54.8% over the past 5 years.

Debt Coverage: TLG's debt is not well covered by operating cash flow (6.3%).

Interest Coverage: TLG's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


Dividend

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

3.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TLG's dividend (3.52%) is higher than the bottom 25% of dividend payers in the German market (0.98%).

High Dividend: TLG's dividend (3.52%) is in the top 25% of dividend payers in the German market (3.17%)


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 reasonably low payout ratio (26.8%), 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.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Roy Vishnovizki

0.58

Tenure

Mr. Roy Vishnovizki serves as Chief Executive Officer at TLG IMMOBILIEN AG since February 10, 2021 and also serves as its Member of the Management Board since February 10, 2021. He served as a Managing Dir...


Leadership Team

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


Board Members

Experienced Board: TLG's board of directors are not considered experienced ( 0.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: TLG Immobilien AG
  • Ticker: TLG
  • Exchange: XTRA
  • Founded: 1991
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: €3.263b
  • Shares outstanding: 112.52m
  • Website: https://www.tlg.eu

Number of Employees


Location

  • TLG Immobilien AG
  • Hausvogteiplatz 12
  • Berlin
  • Berlin
  • 10117
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 17:40
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.