Deutsche Konsum REIT-AG

JSE:DKR Stock Report

Market Cap: R2.6b

Deutsche Konsum REIT-AG Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 DKR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
R116.72
Fair Value
33.7% overvalued intrinsic discount
3
Number of Analysts

Below Fair Value: DKR (ZAR156) is trading above our estimate of fair value (ZAR116.72)

Significantly Below Fair Value: DKR is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for DKR. This is calculated by dividing DKR's market cap by their current revenue.
What is DKR's PS Ratio?
PS Ratio0.7x
Sales€187.76m
Market Cap€134.82m

Price to Sales Ratio vs Peers

How does DKR's PS Ratio compare to its peers?

The above table shows the PS ratio for DKR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.6x
EXP Exemplar REITail
3.4xn/aR4.3b
SAR Safari Investments RSA
2.9xn/aR1.6b
DIB Dipula Income Fund
3.2x-13.2%R4.7b
APF Accelerate Property Fund
1.1xn/aR862.0m
DKR Deutsche Konsum REIT-AG
0.7x-53.8%R134.8m

Price-To-Sales vs Peers: DKR is good value based on its Price-To-Sales Ratio (0.7x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

How does DKR's PS Ratio compare vs other companies in the Global Retail REITs Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.6.1x2.1%
DKR Deutsche Konsum REIT-AG
 0.7x-53.8%US$141.23m
DKR 0.7xIndustry Avg. 6.1xNo. of Companies16PS03.26.49.612.816+
6 CompaniesEstimated GrowthMarket Cap
Industry Avg.6.1x11.6%
DKR Deutsche Konsum REIT-AG
 0.7x94.4%US$141.23m
No more companies

Price-To-Sales vs Industry: DKR is good value based on its Price-To-Sales Ratio (0.7x) compared to the Global Retail REITs industry average (6.1x).

Price to Sales Ratio vs Fair Ratio

What is DKR'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.

DKR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: DKR is expensive based on its Price-To-Sales Ratio (0.7x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 DKR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR156.00
R78.13
-49.9%
27.4%R96.06R48.03n/a3
Feb ’26R156.00
R78.43
-49.7%
27.4%R96.43R48.21n/a3
Jan ’26R156.00
R76.99
-50.6%
27.2%R95.44R47.72n/a3
Dec ’25R156.00
R76.81
-50.8%
27.2%R95.22R47.61n/a3
Nov ’25R156.00
R57.49
-63.1%
16.7%R67.07R47.91n/a2
Oct ’25R156.00
R59.65
-61.8%
16.7%R69.59R49.71n/a2
Sep ’25n/a
R59.65
0%
16.7%R69.59R49.71n/a2
Aug ’25n/a
R59.65
0%
16.7%R69.59R49.71n/a2
Jul ’25R156.00
R59.65
-61.8%
16.7%R69.59R49.71n/a2
Jun ’25R156.00
R59.65
-61.8%
16.7%R69.59R49.71n/a2
May ’25R156.00
R61.35
-60.7%
16.7%R71.57R51.12n/a2
Apr ’25R120.00
R61.35
-48.9%
16.7%R71.57R51.12n/a2
Mar ’25R120.00
R61.35
-48.9%
16.7%R71.57R51.12n/a2
Feb ’25R120.00
R61.77
-48.5%
16.7%R72.07R51.48R156.002
Jan ’25R120.00
R59.29
-50.6%
20.7%R71.56R47.02R156.002
Dec ’24R120.00
R59.29
-50.6%
20.7%R71.56R47.02R156.002
Nov ’24R120.00
R82.92
-30.9%
8.4%R89.92R75.93R156.002
Oct ’24R120.00
R181.48
+51.2%
11.8%R208.59R156.44R156.003
Sep ’24R120.00
R181.48
+51.2%
11.8%R208.59R156.44n/a3
Aug ’24R120.00
R183.66
+53.0%
9.5%R207.13R165.70n/a3
Jul ’24R120.00
R183.66
+53.0%
9.5%R207.13R165.70R156.003
Jun ’24R120.00
R183.66
+53.0%
9.5%R207.13R165.70R156.003
May ’24R120.00
R203.00
+69.2%
2.3%R209.65R199.67R156.003
Apr ’24R120.00
R208.71
+73.9%
7.8%R231.19R192.65R120.003
Mar ’24R120.00
R208.71
+73.9%
7.8%R231.19R192.65R120.003
Feb ’24R120.00
R264.23
+120.2%
21.8%R345.77R220.70R120.003
Analyst Price Target
Consensus Narrative from 3 Analysts
R203.99
Fair Value
23.5% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 05:07
End of Day Share Price 2025/02/20 00:00
Earnings2024/12/31
Annual Earnings2024/09/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Deutsche Konsum REIT-AG is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Georg KandersBankhaus Lampe KG
Kai KloseBerenberg
Thomas RothaeuslerJefferies LLC