AOXD Stock Overview

alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. More details

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

Rewards

Trading at 9.4% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 0.2% per year for the next 3 years

Shares are highly illiquid

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

alstria office REIT-AG Competitors

UK Commercial Property REIT

LSE:UKCM

UK£947.3m

Assura

LSE:AGR

UK£1.2b

Safestore Holdings

LSE:SAFE

UK£1.4b

British Land

LSE:BLND

UK£3.6b

Price History & Performance

Summary of share price highs, lows and changes for alstria office REIT-AG
Historical stock prices
Current Share Price	€7.34
52 Week High	€15.74
52 Week Low	€7.34
Beta	0.85
1 Month Change	0%
3 Month Change	-5.53%
1 Year Change	-55.97%
3 Year Change	-56.15%
5 Year Change	-38.68%
Change since IPO	-9.37%

Recent updates

Shareholder Returns

	AOXD	GB REITs	GB Market
7D	0%	0.2%	-0.6%
1Y	-56.0%	-13.8%	3.1%

Return vs Industry: AOXD underperformed the UK REITs industry which returned -5.4% over the past year.

Return vs Market: AOXD underperformed the UK Market which returned -2.4% over the past year.

Price Volatility

Is AOXD's price volatile compared to industry and market?
AOXD volatility
AOXD Average Weekly Movement	n/a
REITs Industry Average Movement	3.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: AOXD has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine AOXD's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2006	181	Olivier Elamine	www.alstria.com

alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. Our strategy is based on the ownership and an active management of our properties throughout their entire life cycle, strong added-value services to our customers and deep knowledge of the markets in which we operate. alstria strives for sustainable long-term value creation while taking advantage of short-term arbitrage of inefficiencies in the real estate markets.

alstria office REIT-AG Fundamentals Summary

How do alstria office REIT-AG's earnings and revenue compare to its market cap?
AOXD fundamental statistics
Market cap	€1.34b
Earnings (TTM)	€203.08m
Revenue (TTM)	€223.44m

6.6x

P/E Ratio

6.0x

P/S Ratio

Is AOXD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AOXD income statement (TTM)
Revenue	€223.44m
Cost of Revenue	€61.96m
Gross Profit	€161.48m
Other Expenses	-€41.60m
Earnings	€203.08m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 28, 2023

Earnings per share (EPS)	1.14
Gross Margin	72.27%
Net Profit Margin	90.89%
Debt/Equity Ratio	84.4%

How did AOXD perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

657%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/02/27 11:50
End of Day Share Price	2022/12/01 00:00
Earnings	2022/09/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

alstria office REIT-AG is covered by 23 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ruud Van Maanen	ABN AMRO Bank N.V.
Andre Remke	Baader Helvea Equity Research
Aaron Guy	Barclays