How does TAGY.Y's PS Ratio compare to its peers?

TAGY.Y is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (8x).

How does TAGY.Y's PS Ratio compare vs other companies in the US Real Estate Industry?

TAGY.Y is good value based on its Price-To-Sales Ratio (1.9x) compared to the US Real Estate industry average (1.9x).

What is TAGY.Y'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.

Insufficient data to calculate TAGY.Y's Price-To-Sales Fair Ratio for valuation analysis.

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

TAGY.Y ($5.68) is trading above our estimate of [[fair value]] ($3.47)

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

Insufficient data to show price forecast.

TAGY.Y Stock Overview

A real estate company, engages in the acquisition, development, and management of residential real estate properties in Germany. More details

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

Rewards

Earnings are forecast to grow 104.39% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

My Notes

Capture your thoughts, links and company narrative

TAG Immobilien AG Competitors

LandBridge

NYSE:LB

US$4.3b

Kennedy-Wilson Holdings

NYSE:KW

US$1.4b

FRP Holdings

NasdaqGS:FRPH

US$571.9m

Copper Property CTL Pass Through Trust

OTCPK:CPPT.L

US$929.3m

Price History & Performance

Summary of share price highs, lows and changes for TAG Immobilien
Historical stock prices
Current Share Price	€5.68
52 Week High	€5.90
52 Week Low	€3.60
Beta	0.94
1 Month Change	0%
3 Month Change	n/a
1 Year Change	56.47%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	31.48%

Recent updates

Shareholder Returns

	TAGY.Y	US Real Estate	US Market
7D	0%	-5.5%	-2.4%
1Y	56.5%	7.4%	23.4%

Return vs Industry: TAGY.Y exceeded the US Real Estate industry which returned 18.1% over the past year.

Return vs Market: TAGY.Y exceeded the US Market which returned 22% over the past year.

Price Volatility

Is TAGY.Y's price volatile compared to industry and market?
TAGY.Y volatility
TAGY.Y Average Weekly Movement	n/a
Real Estate Industry Average Movement	7.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
1882	1,826	Claudia Hoyer	www.tag-ag.com

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also rents commercial real estate properties, as well as operates serviced apartments. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

TAG Immobilien AG Fundamentals Summary

How do TAG Immobilien's earnings and revenue compare to its market cap?
TAGY.Y fundamental statistics
Market cap	US$2.47b
Earnings (TTM)	-US$522.70m
Revenue (TTM)	US$1.32b

1.9x

P/S Ratio

-4.7x

P/E Ratio

Is TAGY.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TAGY.Y income statement (TTM)
Revenue	€1.21b
Cost of Revenue	€817.96m
Gross Profit	€388.70m
Other Expenses	€868.18m
Earnings	-€479.47m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-2.73
Gross Margin	32.21%
Net Profit Margin	-39.74%
Debt/Equity Ratio	114.2%

How did TAGY.Y perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/16 23:59
End of Day Share Price	2023/09/18 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

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

TAG Immobilien AG is covered by 30 analysts. 5 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
Michiel de Jonge	ABN AMRO Bank N.V.
Andre Remke	Baader Helvea Equity Research
Georg Kanders	Bankhaus Lampe KG