Adler Group (LSE:0RA1) - Stock Price, News & Analysis

0RA1 Stock Overview

Adler Group S.A. engages in the purchase, management, and development of multifamily residential real estate properties in Germany.

About the company

0RA1 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 63.9% per year over past 5 years

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (€17M)

Adler Group S.A. Competitors

Wynnstay Properties

AIM:WSP

UK£18.5m

Cardiff Property

LSE:CDFF

UK£23.9m

Ace Liberty & Stone

OFEX:ALSP

UK£30.5m

Asia Strategic Holdings

LSE:ASIA

US$18.1m

Price History & Performance

Summary of all time highs, changes and price drops for Adler Group
Historical stock prices
Current Share Price	€0.11
52 Week High	€0.75
52 Week Low	€0.11
Beta	1.49
1 Month Change	-46.95%
3 Month Change	-55.65%
1 Year Change	-74.74%
3 Year Change	-99.52%
5 Year Change	-99.77%
Change since IPO	-99.44%

Recent updates

Shareholder Returns

	0RA1	GB Real Estate	GB Market
7D	-31.0%	2.3%	2.5%
1Y	-74.7%	12.1%	6.1%

Return vs Industry: 0RA1 underperformed the UK Real Estate industry which returned 10.5% over the past year.

Return vs Market: 0RA1 underperformed the UK Market which returned 5.6% over the past year.

Price Volatility

Is 0RA1's price volatile compared to industry and market?
0RA1 volatility
0RA1 Average Weekly Movement	11.7%
Real Estate Industry Average Movement	3.4%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.4%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0RA1's share price has been volatile over the past 3 months.

Volatility Over Time: 0RA1's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
2006	721	Thierry Beaudemoulin	www.adler-group.com

Adler Group S.A. engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.

Adler Group S.A. Fundamentals Summary

How do Adler Group's earnings and revenue compare to its market cap?
0RA1 fundamental statistics
Market cap	€16.83m
Earnings (TTM)	-€1.66b
Revenue (TTM)	€439.97m

0.0x

P/S Ratio

0.0x

P/E Ratio

Is 0RA1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RA1 income statement (TTM)
Revenue	€439.97m
Cost of Revenue	€442.88m
Gross Profit	-€2.91m
Other Expenses	€1.65b
Earnings	-€1.66b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 28, 2024

Earnings per share (EPS)	-10.92
Gross Margin	-0.66%
Net Profit Margin	-376.50%
Debt/Equity Ratio	14,269.8%

How did 0RA1 perform over the long term?

See historical performance and comparison

0RA1 Stock Overview

Rewards

Risk Analysis

Adler Group S.A. Competitors

AIM:WSP

UK£18.5m

LSE:CDFF

UK£23.9m

OFEX:ALSP

UK£30.5m

LSE:ASIA

US$18.1m

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: €11.75 loss per share (vs €13.25 loss in FY 2022)

Adler Group S.A. to Report Q3, 2024 Results on Nov 28, 2024

Third quarter 2023 earnings released: €1.31 loss per share (vs €1.42 loss in 3Q 2022)

Second quarter 2023 earnings released: €6.73 loss per share (vs €4.93 loss in 2Q 2022)

Less than half of directors are independent

Adler Group S.A. to Report Fiscal Year 2022 Results on Sep 30, 2024

Recent updates

Full year 2023 earnings released: €11.75 loss per share (vs €13.25 loss in FY 2022)

Adler Group S.A. to Report Q3, 2024 Results on Nov 28, 2024

Third quarter 2023 earnings released: €1.31 loss per share (vs €1.42 loss in 3Q 2022)

Second quarter 2023 earnings released: €6.73 loss per share (vs €4.93 loss in 2Q 2022)

Less than half of directors are independent

Adler Group S.A. to Report Fiscal Year 2022 Results on Sep 30, 2024

First quarter 2023 earnings released: €0.50 loss per share (vs €0.017 loss in 1Q 2022)

Adler Group S.A. Provides Earnings Guidance for the Year 2023

Full year 2022 earnings released: €13.25 loss per share (vs €10.02 loss in FY 2021)

Third quarter 2022 earnings released: €4.55 loss per share (vs €0.08 profit in 3Q 2021)

High number of new and inexperienced directors

Adler Reportedly Aims to Sell Part of Brack Capital Properties

Adler Group S.A. Appoints Thomas Echelmeyer as Chief Financial Officer, Effective 1 September 2022

Second quarter 2022 earnings released: €4.55 loss per share (vs €1.80 profit in 2Q 2021)

Institutional investors acquired two development projects in Frankfurt for €166 million.

First quarter 2022 earnings released: €0.02 loss per share (vs €0.97 profit in 1Q 2021)

Dr. Bernd Schade to Step Down as CDO of Adler Group

Adler Group S.A. Provides Revenue Guidance for the Year 2022

Adler Group S.A. Appoints Thomas Echelmeyer as Interim Chief Financial Officer, Effective June 1, 2022

Now 38% undervalued after recent price drop

Full year 2021 earnings released: €10.03 loss per share (vs €2.00 profit in FY 2020)

Adler Group Provides Earnings Guidance for the Year 2022

High number of new and inexperienced directors

Investor sentiment improved over the past week

Adler Group S.A. to Report Fiscal Year 2021 Results on Apr 30, 2022

Adler Group S.A. Appoints A. Stefan Kirsten as Member of Audit Committee, the Investment and Financing Committee and the Nomination and Compensation Committee

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Adler Group S.A Announces Appointment of A. Stefan Kirsten as New Member and Chairman of the Board of Directors

Adler Group Announces Management Changes

Adler Group S.A. to Report Fiscal Year 2021 Final Results on Mar 31, 2022

Adler Group S.A. Announces Resignation of Michael Bütter from the Board of Directors

KKR Real Estate Partners Europe II (EUR) SCSp, managed by KKR & Co. Inc. (NYSE:KKR) along with and other managed funds signed a definitive agreement to acquire Residential Real Estate Portfolio of 14,400 Units from Adler Group S.A. (XTRA:ADJ) for approximately €600 million.

LEG Immobilien SE (XTRA:LEG) completed the acquisition of Portfolio of 15,350 residential units and 185 commercial units from Adler Group S.A. (XTRA:ADJ).

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS €1.80 (vs €1.05 in 2Q 2020)

Upcoming dividend of €0.46 per share

First quarter 2021 earnings released: EPS €0.97 (vs €0.04 loss in 1Q 2020)

Adler Group S.A. Reiterates Earnings Guidance for the Year 2021

Full year 2020 earnings released: EPS €2.00 (vs €13.63 in FY 2019)

New 90-day low: €23.50

Adler Group S.A., Annual General Meeting, Jun 29, 2021

New 90-day high: €28.06

ADLER Group S.A. (XTRA:ADJ) completed the acquisition of an additional 28.9% stake in Consus Real Estate AG (XTRA:CC1).

ADLER Group S.A. (XTRA:ADJ) agreed to acquire an additional 28.9% stake in Consus Real Estate AG (XTRA:CC1) approximately €340 million.

New 90-day high: €26.03

Third quarter 2020 earnings released: EPS €0.07

New 90-day low: €22.38

New 90-day low: €22.54

First half earnings released

ADO Properties S.A. (XTRA:ADJ) completed the acquisition of 91.93% stake in ADLER Real Estate AG (XTRA:ADL) from a group of shareholders for approximately €450 million.

ADO Properties S.A. (XTRA:ADJ) completed the acquisition of additional 51% stake in Consus Real Estate AG (XTRA:CC1) from Aggregate Holdings S.A..

ADO Properties S.A. has completed a Follow-on Equity Offering in the amount of €18.251055 million.

ADO Properties S.A. (XTRA:ADJ) exercised its option to acquire an additional 51% stake in Consus Real Estate AG (XTRA:CC1) from Aggregate Holdings S.A. for approximately €410 million.

Shareholder Returns

Price Volatility

About the Company