S IMMO AG

LSE:0MJ9 Stock Report

Market Cap: €1.6b

S IMMO Valuation

Is 0MJ9 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0MJ9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0MJ9 (€22.1) is trading below our estimate of fair value (€27.63)

Significantly Below Fair Value: 0MJ9 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0MJ9?

Key metric: As 0MJ9 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0MJ9. This is calculated by dividing 0MJ9's market cap by their current revenue.
What is 0MJ9's PS Ratio?
PS Ratio4.1x
Sales€386.38m
Market Cap€1.57b

Price to Sales Ratio vs Peers

How does 0MJ9's PS Ratio compare to its peers?

The above table shows the PS ratio for 0MJ9 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.5x
SRE Sirius Real Estate
5x-4.0%UK£1.3b
IWG International Workplace Group
0.6x6.1%UK£1.7b
GRI Grainger
5.9x-30.7%UK£1.7b
TPFG Property Franchise Group
6.7x42.4%UK£273.5m
0MJ9 S IMMO
4.1x0.4%€1.6b

Price-To-Sales vs Peers: 0MJ9 is good value based on its Price-To-Sales Ratio (4.1x) compared to the peer average (4.5x).

Price to Sales Ratio vs Industry

How does 0MJ9's PS Ratio compare vs other companies in the GB Real Estate Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
IWG International Workplace Group
0.6x6.1%US$2.10b
ETLN Etalon Group
0.3x10.5%US$210.89m
WJG Watkin Jones
0.1x1.6%US$69.36m
RAV Raven Property Group
0.1x-0.2%US$23.74m
0MJ9 4.1xIndustry Avg. 4.2xNo. of Companies10PS02.44.87.29.612+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0MJ9 is good value based on its Price-To-Sales Ratio (4.1x) compared to the UK Real Estate industry average (4.3x).

Price to Sales Ratio vs Fair Ratio

What is 0MJ9's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0MJ9 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.1x
Fair PS Ratio3.4x

Price-To-Sales vs Fair Ratio: 0MJ9 is expensive based on its Price-To-Sales Ratio (4.1x) compared to the estimated Fair Price-To-Sales Ratio (3.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0MJ9 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€22.10
€24.50
+10.9%
2.0%€25.00€24.00n/a2
Nov ’25€22.20
€24.50
+10.4%
2.0%€25.00€24.00n/a2
Oct ’25€22.20
€24.50
+10.4%
2.0%€25.00€24.00n/a2
Sep ’25€22.80
€24.50
+7.5%
2.0%€25.00€24.00n/a2
Aug ’25€22.20
€20.50
-7.7%
17.1%€24.00€17.00n/a2
Jul ’25€21.85
€20.50
-6.2%
17.1%€24.00€17.00n/a2
Jun ’25€22.00
€20.50
-6.8%
17.1%€24.00€17.00n/a2
May ’25€17.25
€18.50
+7.2%
8.1%€20.00€17.00n/a2
Apr ’25€17.45
€18.50
+6.0%
8.1%€20.00€17.00n/a2
Mar ’25€15.65
€17.50
+11.8%
2.9%€18.00€17.00n/a2
Feb ’25€14.80
€17.50
+18.2%
2.9%€18.00€17.00n/a2
Jan ’25€12.50
€17.50
+40.0%
2.9%€18.00€17.00n/a2
Dec ’24€12.60
€17.50
+38.9%
2.9%€18.00€17.00n/a2
Nov ’24€12.70
€17.50
+37.8%
2.9%€18.00€17.00€22.202
Oct ’24€12.82
€17.50
+36.5%
2.9%€18.00€17.00€22.202
Sep ’24€12.00
€16.25
+35.4%
10.8%€18.00€14.50€22.802
Aug ’24€12.40
€16.25
+31.0%
10.8%€18.00€14.50€22.202
Jul ’24€12.30
€15.63
+27.1%
10.7%€18.00€14.40€21.853
Jun ’24€11.51
€15.73
+36.6%
9.3%€18.00€14.40€22.004
May ’24€12.74
€15.73
+23.4%
9.3%€18.00€14.40€17.254
Apr ’24€13.15
€15.73
+19.6%
9.3%€18.00€14.40€17.454
Mar ’24€15.25
€15.73
+3.1%
9.3%€18.00€14.40€15.654
Feb ’24€13.15
€15.73
+19.6%
9.3%€18.00€14.40€14.804
Jan ’24€12.20
€16.94
+38.9%
16.3%€21.80€14.40€12.505
Dec ’23€13.94
€18.36
+31.7%
16.1%€21.80€14.40€12.605
Nov ’23€22.81
€20.86
-8.6%
15.9%€23.50€14.40€12.705

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Aroundtown

€3.2b

Operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally.

0RUH

€2.86

7D

4.8%

1Y

25.8%

UBM Development

€131.9m

Focuses on the development, management, and sale of real estate properties in Germany, Austria, Poland, and internationally.

0GD5

€17.90

7D

0%

1Y

-12.2%

VIB Vermögen

€229.4m

A real estate holding company, develops, buys, holds, rents, and manages commercial real estate properties in Germany.

VIH1D

€9.92

7D

0%

1Y

n/a