ALSTRIA OFFICE REIT-AG (AOX.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:AOX • DE000A0LD2U1
5.78 EUR
-0.04 (-0.69%)
Last: May 23, 2025, 07:00 PM
AOX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 41 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. 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.
- In multiple years AOX reported negative net income over the last 5 years.
- Each year in the past 5 years AOX had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of -2.26%, AOX is not doing good in the industry: 77.27% of the companies in the same industry are doing better.
- AOX has a Return On Equity of -6.57%. This is amonst the worse of the industry: AOX underperforms 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 3.37%.
| 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.
- Looking at the Gross Margin, with a value of 72.98%, AOX is in line with its industry, outperforming 50.00% of the companies in the same 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
- 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.
- The number of shares outstanding for AOX has been increased compared to 5 years ago.
- Compared to 1 year ago, AOX has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.70, we must say that AOX is in the distress zone and has some risk of bankruptcy.
- AOX has a worse Altman-Z score (0.70) than 70.45% of its industry peers.
- The Debt to FCF ratio of AOX is 55.34, which is on the high side as it means it would take AOX, 55.34 years of fcf income to pay off 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 has a better Current ratio (0.79) than 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
- 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.
- AOX's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AOX is more expensive than 75.00% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. AOX is valued slightly cheaper when compared to this.
| 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 68.18% of the companies in the same industry.
- 68.18% of the companies in the same industry are cheaper than AOX, based on the Price/Free Cash Flow ratio.
| 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
- AOX has a Yearly Dividend Yield of 48.45%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.43, AOX pays a better dividend. On top of this AOX pays more dividend than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, 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
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.
What is the valuation status of ALSTRIA OFFICE REIT-AG (AOX.DE) stock?
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 financial health for AOX stock?
The financial health rating of ALSTRIA OFFICE REIT-AG (AOX.DE) is 1 / 10.
What is the earnings growth outlook for ALSTRIA OFFICE REIT-AG?
The Earnings per Share (EPS) of ALSTRIA OFFICE REIT-AG (AOX.DE) is expected to grow by 150% in the next year.