AROUNDTOWN SA (AT1.DE) Fundamental Analysis & Valuation

FRA:AT1 • LU1673108939

2.508 EUR
-0.2 (-7.25%)
Last: Mar 9, 2026, 04:36 PM

This AT1.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, AT1 scores 5 out of 10 in our fundamental rating. AT1 was compared to 74 industry peers in the Real Estate Management & Development industry. Both the profitability and the financial health of AT1 get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on AT1.


Dividend Valuation Growth Profitability Health

6

1. AT1.DE Profitability Analysis

1.1 Basic Checks

  • AT1 had positive earnings in the past year.
  • In the past year AT1 had a positive cash flow from operations.
  • In multiple years AT1 reported negative net income over the last 5 years.
  • AT1 had a positive operating cash flow in each of the past 5 years.
AT1.DE Yearly Net Income VS EBIT VS OCF VS FCFAT1.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B

1.2 Ratios

  • AT1's Return On Assets of 2.47% is fine compared to the rest of the industry. AT1 outperforms 68.92% of its industry peers.
  • With a decent Return On Equity value of 6.52%, AT1 is doing good in the industry, outperforming 72.97% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 2.17%, AT1 is in line with its industry, outperforming 58.11% of the companies in the same industry.
  • AT1 had an Average Return On Invested Capital over the past 3 years of 1.96%. This is in line with the industry average of 3.95%.
  • The last Return On Invested Capital (2.17%) for AT1 is above the 3 year average (1.96%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.47%
ROE 6.52%
ROIC 2.17%
ROA(3y)-2.5%
ROA(5y)-0.75%
ROE(3y)-6.7%
ROE(5y)-2.22%
ROIC(3y)1.96%
ROIC(5y)1.87%
AT1.DE Yearly ROA, ROE, ROICAT1.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • The Profit Margin of AT1 (53.22%) is better than 81.08% of its industry peers.
  • AT1's Profit Margin has declined in the last couple of years.
  • With an excellent Operating Margin value of 60.87%, AT1 belongs to the best of the industry, outperforming 85.14% of the companies in the same industry.
  • In the last couple of years the Operating Margin of AT1 has declined.
  • The Gross Margin of AT1 (65.20%) is better than 60.81% of its industry peers.
  • In the last couple of years the Gross Margin of AT1 has declined.
Industry RankSector Rank
OM 60.87%
PM (TTM) 53.22%
GM 65.2%
OM growth 3Y-2.54%
OM growth 5Y-3.42%
PM growth 3Y-58.66%
PM growth 5Y-52.79%
GM growth 3Y-0.61%
GM growth 5Y-1.84%
AT1.DE Yearly Profit, Operating, Gross MarginsAT1.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

4

2. AT1.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AT1 is destroying value.
  • Compared to 1 year ago, AT1 has about the same amount of shares outstanding.
  • The number of shares outstanding for AT1 has been reduced compared to 5 years ago.
  • AT1 has a worse debt/assets ratio than last year.
AT1.DE Yearly Shares OutstandingAT1.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
AT1.DE Yearly Total Debt VS Total AssetsAT1.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.2 Solvency

  • AT1 has an Altman-Z score of 0.57. This is a bad value and indicates that AT1 is not financially healthy and even has some risk of bankruptcy.
  • AT1 has a worse Altman-Z score (0.57) than 60.81% of its industry peers.
  • The Debt to FCF ratio of AT1 is 17.09, which is on the high side as it means it would take AT1, 17.09 years of fcf income to pay off all of its debts.
  • AT1's Debt to FCF ratio of 17.09 is fine compared to the rest of the industry. AT1 outperforms 63.51% of its industry peers.
  • A Debt/Equity ratio of 0.92 indicates that AT1 is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.92, AT1 perfoms like the industry average, outperforming 48.65% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 17.09
Altman-Z 0.57
ROIC/WACC0.85
WACC2.56%
AT1.DE Yearly LT Debt VS Equity VS FCFAT1.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

  • AT1 has a Current Ratio of 1.49. This is a normal value and indicates that AT1 is financially healthy and should not expect problems in meeting its short term obligations.
  • AT1 has a Current ratio (1.49) which is in line with its industry peers.
  • A Quick Ratio of 1.49 indicates that AT1 should not have too much problems paying its short term obligations.
  • The Quick ratio of AT1 (1.49) is better than 68.92% of its industry peers.
Industry RankSector Rank
Current Ratio 1.49
Quick Ratio 1.49
AT1.DE Yearly Current Assets VS Current LiabilitesAT1.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

4

3. AT1.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 172.55% over the past year.
  • The earnings per share for AT1 have been decreasing by -46.54% on average. This is quite bad
  • Looking at the last year, AT1 shows a decrease in Revenue. The Revenue has decreased by -1.35% in the last year.
  • AT1 shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.50% yearly.
EPS 1Y (TTM)172.55%
EPS 3Y-55.53%
EPS 5Y-46.54%
EPS Q2Q%96.67%
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y5.24%
Revenue growth 5Y11.5%
Sales Q2Q%-0.08%

3.2 Future

  • AT1 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.88% yearly.
  • AT1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.28% yearly.
EPS Next Y-8.17%
EPS Next 2Y-1.04%
EPS Next 3Y0.88%
EPS Next 5YN/A
Revenue Next Year12.91%
Revenue Next 2Y7.14%
Revenue Next 3Y5.28%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AT1.DE Yearly Revenue VS EstimatesAT1.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
AT1.DE Yearly EPS VS EstimatesAT1.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.1 0.2 0.3 0.4

7

4. AT1.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 3.44, the valuation of AT1 can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of AT1 indicates a rather cheap valuation: AT1 is cheaper than 97.30% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of AT1 to the average of the S&P500 Index (26.29), we can say AT1 is valued rather cheaply.
  • A Price/Forward Earnings ratio of 8.82 indicates a reasonable valuation of AT1.
  • 89.19% of the companies in the same industry are more expensive than AT1, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 24.60. AT1 is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 3.44
Fwd PE 8.82
AT1.DE Price Earnings VS Forward Price EarningsAT1.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 74.32% of the companies in the same industry are more expensive than AT1, based on the Enterprise Value to EBITDA ratio.
  • 85.14% of the companies in the same industry are more expensive than AT1, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 4.92
EV/EBITDA 15.19
AT1.DE Per share dataAT1.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • AT1 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.04%
EPS Next 3Y0.88%

0

5. AT1.DE Dividend Analysis

5.1 Amount

  • AT1 does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

AT1.DE Fundamentals: All Metrics, Ratios and Statistics

AROUNDTOWN SA

FRA:AT1 (3/9/2026, 4:36:01 PM)

2.508

-0.2 (-7.25%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)11-26
Earnings (Next)03-25
Inst Owners12.56%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.85B
Revenue(TTM)1.53B
Net Income(TTM)814.00M
Analysts55.45
Price Target3.24 (29.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)0
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-2.69%
Max Revenue beat(2)-0.57%
Revenue beat(4)1
Avg Revenue beat(4)3.78%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)21.67%
Revenue beat(8)1
Avg Revenue beat(8)0.57%
Revenue beat(12)4
Avg Revenue beat(12)2.89%
Revenue beat(16)7
Avg Revenue beat(16)2.47%
PT rev (1m)1.23%
PT rev (3m)1.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.28%
EPS NY rev (3m)1.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)2.98%
Revenue NY rev (3m)7.45%
Valuation
Industry RankSector Rank
PE 3.44
Fwd PE 8.82
P/S 2.52
P/FCF 4.92
P/OCF 4.79
P/B 0.31
P/tB 0.33
EV/EBITDA 15.19
EPS(TTM)0.73
EY29.11%
EPS(NY)0.28
Fwd EY11.34%
FCF(TTM)0.51
FCFY20.34%
OCF(TTM)0.52
OCFY20.86%
SpS1
BVpS8.12
TBVpS7.49
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.55
Profitability
Industry RankSector Rank
ROA 2.47%
ROE 6.52%
ROCE 3.13%
ROIC 2.17%
ROICexc 2.39%
ROICexgc 2.47%
OM 60.87%
PM (TTM) 53.22%
GM 65.2%
FCFM 51.26%
ROA(3y)-2.5%
ROA(5y)-0.75%
ROE(3y)-6.7%
ROE(5y)-2.22%
ROIC(3y)1.96%
ROIC(5y)1.87%
ROICexc(3y)2.15%
ROICexc(5y)2.06%
ROICexgc(3y)2.24%
ROICexgc(5y)2.14%
ROCE(3y)2.84%
ROCE(5y)2.7%
ROICexgc growth 3Y10.97%
ROICexgc growth 5Y3.78%
ROICexc growth 3Y11.29%
ROICexc growth 5Y2.92%
OM growth 3Y-2.54%
OM growth 5Y-3.42%
PM growth 3Y-58.66%
PM growth 5Y-52.79%
GM growth 3Y-0.61%
GM growth 5Y-1.84%
F-Score5
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 17.09
Debt/EBITDA 12.1
Cap/Depr 115.34%
Cap/Sales 1.33%
Interest Coverage 3.62
Cash Conversion 84.78%
Profit Quality 96.31%
Current Ratio 1.49
Quick Ratio 1.49
Altman-Z 0.57
F-Score5
WACC2.56%
ROIC/WACC0.85
Cap/Depr(3y)103.72%
Cap/Depr(5y)N/A
Cap/Sales(3y)1.3%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)172.55%
EPS 3Y-55.53%
EPS 5Y-46.54%
EPS Q2Q%96.67%
EPS Next Y-8.17%
EPS Next 2Y-1.04%
EPS Next 3Y0.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.35%
Revenue growth 3Y5.24%
Revenue growth 5Y11.5%
Sales Q2Q%-0.08%
Revenue Next Year12.91%
Revenue Next 2Y7.14%
Revenue Next 3Y5.28%
Revenue Next 5YN/A
EBIT growth 1Y-0.44%
EBIT growth 3Y2.57%
EBIT growth 5Y7.69%
EBIT Next Year4.75%
EBIT Next 3Y2.62%
EBIT Next 5Y5.81%
FCF growth 1Y4.71%
FCF growth 3Y-22.11%
FCF growth 5Y5.7%
OCF growth 1Y3.22%
OCF growth 3Y-21.49%
OCF growth 5Y6.1%

AROUNDTOWN SA / AT1.DE FAQ

What is the ChartMill fundamental rating of AROUNDTOWN SA (AT1.DE) stock?

ChartMill assigns a fundamental rating of 5 / 10 to AT1.DE.


What is the valuation status for AT1 stock?

ChartMill assigns a valuation rating of 7 / 10 to AROUNDTOWN SA (AT1.DE). This can be considered as Undervalued.


Can you provide the profitability details for AROUNDTOWN SA?

AROUNDTOWN SA (AT1.DE) has a profitability rating of 6 / 10.


How financially healthy is AROUNDTOWN SA?

The financial health rating of AROUNDTOWN SA (AT1.DE) is 4 / 10.


How sustainable is the dividend of AROUNDTOWN SA (AT1.DE) stock?

The dividend rating of AROUNDTOWN SA (AT1.DE) is 0 / 10 and the dividend payout ratio is 0%.