ALSTRIA OFFICE REIT-AG (AOX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AOX - DE000A0LD2U1 - REIT
5.78 EUR
-0.04 (-0.69%)
We assign a fundamental rating of 3 out of 10 to AOX. AOX was compared to 41 industry peers in the Diversified REITs industry. AOX may be in some trouble as it scores bad on both profitability and health. AOX is quite expensive at the moment. It does show a decent growth rate. 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.
Each year in the past 5 years AOX had a positive operating cash flow.
1.2 Ratios
AOX's Return On Assets of -2.26% is on the low side compared to the rest of the industry. AOX is outperformed by 77.27% of its industry peers.
AOX's Return On Equity of -6.57% is on the low side compared to the rest of the industry. AOX is outperformed by 84.09% of its industry peers.
With a Return On Invested Capital value of 2.15%, AOX is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for AOX is in line with the industry average of 3.47%.
| 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
Looking at the Operating Margin, with a value of 54.03%, AOX is doing worse than 70.45% of the companies in the same industry.
AOX's Operating Margin has declined in the last couple of years.
The Gross Margin of AOX (72.98%) is comparable to the rest of the industry.
AOX's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AOX is destroying value.
The number of shares outstanding for AOX remains at a similar level compared to 1 year ago.
Compared to 5 years ago, AOX has more shares outstanding
The debt/assets ratio for AOX has been reduced compared to a year ago.
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.
AOX's Altman-Z score of 0.70 is on the low side compared to the rest of the industry. AOX is outperformed by 70.45% of its industry peers.
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.
With a Debt to FCF ratio value of 55.34, AOX is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.51 is on the high side and indicates that AOX has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.51, AOX is doing worse than 86.36% of the companies in the same industry.
| 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.
A Quick Ratio of 0.79 indicates that AOX may have some problems paying its short term obligations.
With a decent Quick ratio value of 0.79, AOX is doing good in the industry, outperforming 65.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 83.11% over the past year.
AOX shows a small growth in Revenue. In the last year, the Revenue has grown by 2.16%.
Measured over the past years, AOX shows a small growth in Revenue. The Revenue has been growing by 1.27% on average per year.
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
The Earnings Per Share is expected to grow by 56.58% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 11.38% on average over the next years. This is quite good.
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
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AOX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 20.44, the valuation of AOX can be described as rather expensive.
Based on the Price/Forward Earnings ratio, AOX is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
AOX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.93.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AOX is valued a bit more expensive than the industry average as 68.18% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, AOX is valued a bit more expensive than 68.18% of the companies in the same industry.
| 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.
A more expensive valuation may be justified as AOX's earnings are expected to grow with 56.58% in the coming years.
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 5.07. AOX pays more dividend than 100.00% of the companies in the same industry.
AOX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| 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
AOX pays out 0.19% of its income as dividend. This is a 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%.