ALSTRIA OFFICE REIT-AG (AOX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AOX - DE000A0LD2U1 - REIT
5.78 EUR
-0.04 (-0.69%)
Taking everything into account, AOX scores 3 out of 10 in our fundamental rating. 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. 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.
- 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
- Looking at the Return On Assets, with a value of -2.26%, AOX is doing worse than 77.27% of the companies in the same industry.
- With a Return On Equity value of -6.57%, AOX is not doing good in the industry: 84.09% of the companies in the same industry are doing better.
- AOX has a worse Return On Invested Capital (2.15%) than 77.27% of its industry peers.
- AOX had an Average Return On Invested Capital over the past 3 years of 2.48%. This 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
- AOX has a Operating Margin of 54.03%. This is in the lower half of the industry: AOX underperforms 70.45% of its industry peers.
- 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
- AOX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, AOX has about the same amount of shares outstanding.
- AOX has more shares outstanding than it did 5 years ago.
- AOX has a better debt/assets ratio than last year.
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.
- 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.
- AOX's Debt to FCF ratio of 55.34 is on the low side compared to the rest of the industry. AOX is outperformed by 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 has a worse Debt to Equity ratio (1.51) than 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
- A Current Ratio of 0.79 indicates that AOX may have some problems paying its short term obligations.
- With a decent Current ratio value of 0.79, AOX is doing good in the industry, outperforming 63.64% of the companies in the same industry.
- A Quick Ratio of 0.79 indicates that AOX may have some problems paying its short term obligations.
- The Quick ratio of AOX (0.79) is better than 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
- 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
- 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
- The Price/Earnings Ratio is negative for AOX. In the last year negative earnings were reported.
- The Price/Forward Earnings ratio is 20.44, which indicates a rather expensive current valuation of AOX.
- 75.00% of the companies in the same industry are cheaper than AOX, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, AOX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.44 |
4.2 Price Multiples
- AOX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. AOX is 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
- The 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 5.41. 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 1.82.
| 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
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.