ALSTRIA OFFICE REIT-AG (AOX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AOX - DE000A0LD2U1 - REIT
5.78 EUR
-0.04 (-0.69%)
Overall AOX gets a fundamental rating of 3 out of 10. We evaluated AOX against 42 industry peers in the Diversified REITs industry. AOX has a bad profitability rating. Also its financial health evaluation is rather negative. AOX is valied quite expensively at the moment, while it does show a decent growth rate. Finally AOX also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AOX has reported negative net income.
AOX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AOX reported negative net income in multiple years.
AOX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of AOX (-2.26%) is worse than 77.27% of its industry peers.
AOX has a worse Return On Equity (-6.57%) than 84.09% of its industry peers.
The Return On Invested Capital of AOX (2.15%) is worse than 77.27% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AOX is in line with the industry average of 3.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.26% | ||
| ROE | -6.57% | ||
| ROIC | 2.15% |
ROA(3y)-6.42%
ROA(5y)-2.39%
ROE(3y)-16.74%
ROE(5y)-7.76%
ROIC(3y)2.48%
ROIC(5y)2.2%
1.3 Margins
With a Operating Margin value of 54.03%, AOX is not doing good in the industry: 70.45% of the companies in the same industry are doing better.
AOX's Operating Margin has declined in the last couple of years.
AOX has a Gross Margin (72.98%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of AOX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.03% | ||
| PM (TTM) | N/A | ||
| GM | 72.99% |
OM growth 3Y-1.33%
OM growth 5Y-2.04%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.69%
GM growth 5Y-0.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AOX is destroying value.
The number of shares outstanding for AOX remains at a similar level compared to 1 year ago.
AOX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AOX has an improved debt to assets ratio.
2.2 Solvency
AOX has an Altman-Z score of 0.70. This is a bad value and indicates that AOX is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.70, AOX is not doing good in the industry: 70.45% of the companies in the same industry are doing better.
AOX has a debt to FCF ratio of 55.34. This is a negative value and a sign of low solvency as AOX would need 55.34 years to pay back of all of its debts.
The Debt to FCF ratio of AOX (55.34) is worse than 75.00% of its industry peers.
AOX has a Debt/Equity ratio of 1.51. This is a high value indicating a heavy dependency on external financing.
AOX's Debt to Equity ratio of 1.51 is on the low side compared to the rest of the industry. AOX is outperformed by 86.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 55.34 | ||
| Altman-Z | 0.7 |
ROIC/WACC0.59
WACC3.66%
2.3 Liquidity
AOX has a Current Ratio of 0.79. This is a bad value and indicates that AOX is not financially healthy enough and could expect problems in meeting its short term obligations.
AOX's Current ratio of 0.79 is fine compared to the rest of the industry. AOX outperforms 63.64% of its industry peers.
AOX has a Quick Ratio of 0.79. This is a bad value and indicates that AOX is not financially healthy enough and could expect problems in meeting its short term obligations.
AOX has a Quick ratio of 0.79. This is in the better half of the industry: AOX outperforms 65.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
AOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 83.11%, which is quite impressive.
The Revenue has been growing slightly by 2.16% in the past year.
AOX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.27% yearly.
EPS 1Y (TTM)83.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.49%
Revenue 1Y (TTM)2.16%
Revenue growth 3Y2.43%
Revenue growth 5Y1.27%
Sales Q2Q%-0.76%
3.2 Future
Based on estimates for the next years, AOX will show a very strong growth in Earnings Per Share. The EPS will grow by 56.58% on average per year.
AOX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.38% yearly.
EPS Next Y150%
EPS Next 2Y56.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.21%
Revenue Next 2Y11.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
AOX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
AOX is valuated rather expensively with a Price/Forward Earnings ratio of 20.44.
75.00% of the companies in the same industry are cheaper than AOX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.45. AOX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.44 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AOX indicates a slightly more expensive valuation: AOX is more expensive than 68.18% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AOX is valued a bit more expensive than the industry average as 68.18% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.57 | ||
| EV/EBITDA | 26.34 |
4.3 Compensation for Growth
AOX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AOX's earnings are expected to grow with 56.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y56.58%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 48.45%, AOX is a good candidate for dividend investing.
AOX's Dividend Yield is rather good when compared to the industry average which is at 5.87. AOX pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, AOX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 48.45% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
0.19% of the earnings are spent on dividend by AOX. This is a low number and sustainable payout ratio.
DP0.19%
EPS Next 2Y56.58%
EPS Next 3YN/A
FRA:AOX (5/23/2025, 7:00:00 PM)
5.78
-0.04 (-0.69%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners95.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.03B
Revenue(TTM)238.70M
Net Income(TTM)-101.18M
Analysts47.5
Price Target7.45 (28.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 48.45% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-20.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.44 | ||
| P/S | 4.32 | ||
| P/FCF | 22.57 | ||
| P/OCF | 22.25 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 26.34 |
EPS(TTM)-0.59
EYN/A
EPS(NY)0.28
Fwd EY4.89%
FCF(TTM)0.26
FCFY4.43%
OCF(TTM)0.26
OCFY4.5%
SpS1.34
BVpS8.63
TBVpS8.63
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.26% | ||
| ROE | -6.57% | ||
| ROCE | 3.06% | ||
| ROIC | 2.15% | ||
| ROICexc | 2.22% | ||
| ROICexgc | 2.22% | ||
| OM | 54.03% | ||
| PM (TTM) | N/A | ||
| GM | 72.99% | ||
| FCFM | 19.16% |
ROA(3y)-6.42%
ROA(5y)-2.39%
ROE(3y)-16.74%
ROE(5y)-7.76%
ROIC(3y)2.48%
ROIC(5y)2.2%
ROICexc(3y)2.58%
ROICexc(5y)2.32%
ROICexgc(3y)2.58%
ROICexgc(5y)2.32%
ROCE(3y)3.53%
ROCE(5y)3.13%
ROICexgc growth 3Y9.91%
ROICexgc growth 5Y2.7%
ROICexc growth 3Y9.9%
ROICexc growth 5Y2.7%
OM growth 3Y-1.33%
OM growth 5Y-2.04%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.69%
GM growth 5Y-0.2%
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 55.34 | ||
| Debt/EBITDA | 17.91 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.74 | ||
| Cash Conversion | 35.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 0.7 |
F-Score6
WACC3.66%
ROIC/WACC0.59
Cap/Depr(3y)70.24%
Cap/Depr(5y)112.1%
Cap/Sales(3y)0.41%
Cap/Sales(5y)0.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.49%
EPS Next Y150%
EPS Next 2Y56.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.16%
Revenue growth 3Y2.43%
Revenue growth 5Y1.27%
Sales Q2Q%-0.76%
Revenue Next Year1.21%
Revenue Next 2Y11.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-22.89%
EBIT growth 3Y1.06%
EBIT growth 5Y-0.8%
EBIT Next Year188.68%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-54.43%
FCF growth 3Y-6.83%
FCF growth 5Y-5.46%
OCF growth 1Y-54.28%
OCF growth 3Y-7.46%
OCF growth 5Y-5.39%
ALSTRIA OFFICE REIT-AG / AOX.DE FAQ
Can you provide the ChartMill fundamental rating for ALSTRIA OFFICE REIT-AG?
ChartMill assigns a fundamental rating of 3 / 10 to AOX.DE.
Can you provide the valuation status for ALSTRIA OFFICE REIT-AG?
ChartMill assigns a valuation rating of 3 / 10 to ALSTRIA OFFICE REIT-AG (AOX.DE). This can be considered as Overvalued.
Can you provide the profitability details for ALSTRIA OFFICE REIT-AG?
ALSTRIA OFFICE REIT-AG (AOX.DE) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for AOX stock?
The Earnings per Share (EPS) of ALSTRIA OFFICE REIT-AG (AOX.DE) is expected to grow by 150% in the next year.
How sustainable is the dividend of ALSTRIA OFFICE REIT-AG (AOX.DE) stock?
The dividend rating of ALSTRIA OFFICE REIT-AG (AOX.DE) is 6 / 10 and the dividend payout ratio is 0.19%.