DB:TTO

Stock Analysis Report

TTL Beteiligungs- und Grundbesitz-AG

Executive Summary

TTL Beteiligungs- und Grundbesitz-AG, an investment company, operates in the commercial real estate market in Germany.

Snowflake

Fundamentals

6 star dividend payer and good value.

Risks

  • TTL Beteiligungs- und Grundbesitz-AG has significant price volatility in the past 3 months.
  • TTL Beteiligungs- und Grundbesitz-AG is covered by less than 3 analysts.

Share Price & News

How has TTL Beteiligungs- und Grundbesitz-AG's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

DB:TTO

-1.2%

DE Real Estate

-1.5%

DE Market


1 Year Return

-32.3%

DB:TTO

-5.0%

DE Real Estate

-10.4%

DE Market

TTO underperformed the Real Estate industry which returned -5.2% over the past year.

TTO underperformed the Market in Germany which returned -10.5% over the past year.


Share holder returns

TTOIndustryMarket
7 Day-1.5%-1.2%-1.5%
30 Day-7.7%-1.0%-4.3%
90 Day-35.6%-9.7%-5.9%
1 Year-30.3%-32.3%-2.4%-5.0%-7.6%-10.4%
3 Year1444.1%1400.0%23.8%14.1%9.4%0.03%
5 Year2617.6%2540.0%129.8%96.8%25.6%8.1%

Price Volatility Vs. Market

How volatile is TTL Beteiligungs- und Grundbesitz-AG's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TTL Beteiligungs- und Grundbesitz-AG undervalued based on future cash flows and its price relative to the stock market?

31%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

TTL Beteiligungs- und Grundbesitz-AG's share price is below the future cash flow value, and at a moderate discount (> 20%).

TTL Beteiligungs- und Grundbesitz-AG's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

TTL Beteiligungs- und Grundbesitz-AG is overvalued based on earnings compared to the DE Real Estate industry average.

TTL Beteiligungs- und Grundbesitz-AG is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

TTL Beteiligungs- und Grundbesitz-AG is good value based on expected growth next year.


Price Based on Value of Assets

TTL Beteiligungs- und Grundbesitz-AG is good value based on assets compared to the DE Real Estate industry average.


Next Steps

Future Growth

How is TTL Beteiligungs- und Grundbesitz-AG expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

20.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

TTL Beteiligungs- und Grundbesitz-AG's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

TTL Beteiligungs- und Grundbesitz-AG's earnings are expected to grow significantly at over 20% yearly.

TTL Beteiligungs- und Grundbesitz-AG's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.

TTL Beteiligungs- und Grundbesitz-AG's earnings growth is expected to exceed the Germany market average.

TTL Beteiligungs- und Grundbesitz-AG's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

TTL Beteiligungs- und Grundbesitz-AG is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has TTL Beteiligungs- und Grundbesitz-AG performed over the past 5 years?

53.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

TTL Beteiligungs- und Grundbesitz-AG has delivered over 20% year on year earnings growth in the past 5 years.

TTL Beteiligungs- und Grundbesitz-AG's 1-year earnings growth exceeds its 5-year average (536.2% vs 53.9%)

TTL Beteiligungs- und Grundbesitz-AG's earnings growth has exceeded the DE Real Estate industry average in the past year (536.2% vs 7.1%).


Return on Equity

TTL Beteiligungs- und Grundbesitz-AG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

It is difficult to establish if TTL Beteiligungs- und Grundbesitz-AG has efficiently used its assets last year compared to the DE Real Estate industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if TTL Beteiligungs- und Grundbesitz-AG improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is TTL Beteiligungs- und Grundbesitz-AG's financial position?


Financial Position Analysis

TTL Beteiligungs- und Grundbesitz-AG's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

TTL Beteiligungs- und Grundbesitz-AG's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

TTL Beteiligungs- und Grundbesitz-AG's level of debt (88.7%) compared to net worth is high (greater than 40%).

Unable to establish if TTL Beteiligungs- und Grundbesitz-AG's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on TTL Beteiligungs- und Grundbesitz-AG's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.1x debt.


Next Steps

Dividend

What is TTL Beteiligungs- und Grundbesitz-AG's current dividend yield, its reliability and sustainability?

9.26%

Expected Dividend Yield


Dividend Yield and Payments Analysis

TTL Beteiligungs- und Grundbesitz-AG's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.59%).

TTL Beteiligungs- und Grundbesitz-AG's dividend is above the markets top 25% of dividend payers in Germany (4.29%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.5x coverage).


Next Steps

Management

What is the CEO of TTL Beteiligungs- und Grundbesitz-AG's salary, the management and board of directors tenure and is there insider trading?


CEO

Theo Reichert

Mr. Theo E. Reichert serves as the Chief Executive Officer of Supreme Group B.V. Mr. Reichert serves as Chief Financial Officer of auratis AG. Mr. Reichert serves as Managing Director of Schmidt und Kaiser ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Theo Reichert

    CEO & Chairman of the Executive Board

  • Thomas Grimm (49yo)

    CFO & Member of Executive Board


Board Members

  • Klaus Kirchberger (61yo)

    Deputy Chairman of the Supervisory Board

  • Gerhard Schmidt (62yo)

    Chairman of the Supervisory Board

  • Daniel Schütze

    Member of the Supervisory Board

  • Michael Bock

    Member of the Supervisory Board

  • Jan Rombach

    Member of the Supervisory Board

Company Information

TTL Beteiligungs- und Grundbesitz-AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TTL Beteiligungs- und Grundbesitz-AG
  • Ticker: TTO
  • Exchange: DB
  • Founded: 1977
  • Industry: real estate operating companies
  • Sector: real estate
  • Market Cap: €56.903m
  • Shares outstanding: 21.08m
  • Website: Click here

Number of Employees


Location

  • TTL Beteiligungs- und Grundbesitz-AG
  • Theresienhöhe 28/1
  • Munich
  • Bavaria
  • 80339
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TTODB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 1999
TTOXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJul 1999

Biography

TTL Beteiligungs- und Grundbesitz-AG, an investment company, operates in the commercial real estate market in Germany. The company was founded in 1977 and is based in Munich, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 20:48
End of Day Share Price2019/08/14 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.