AROUNDTOWN SA (AT1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AT1 - LU1673108939 - Common Stock
2.504 EUR
-0.08 (-2.95%)
We assign a fundamental rating of 4 out of 10 to AT1. AT1 was compared to 77 industry peers in the Real Estate Management & Development industry. AT1 has an average financial health and profitability rating. AT1 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year AT1 was profitable.
- In the past year AT1 had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: AT1 reported negative net income in multiple years.
- In the past 5 years AT1 always reported a positive cash flow from operatings.
1.2 Ratios
- AT1 has a Return On Assets of 2.47%. This is in the better half of the industry: AT1 outperforms 67.53% of its industry peers.
- AT1 has a Return On Equity of 6.52%. This is in the better half of the industry: AT1 outperforms 71.43% of its industry peers.
- The Return On Invested Capital of AT1 (2.17%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AT1 is below the industry average of 3.99%.
- The 3 year average ROIC (1.96%) for AT1 is below the current ROIC(2.17%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- Looking at the Profit Margin, with a value of 53.22%, AT1 belongs to the top of the industry, outperforming 80.52% of the companies in the same industry.
- AT1's Profit Margin has declined in the last couple of years.
- The Operating Margin of AT1 (60.87%) is better than 81.82% of its industry peers.
- AT1's Operating Margin has declined in the last couple of years.
- The Gross Margin of AT1 (65.20%) is comparable to the rest of the industry.
- AT1's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- AT1 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, AT1 has about the same amount of shares outstanding.
- AT1 has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, AT1 has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.57, we must say that AT1 is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.57, AT1 is doing worse than 64.94% of the companies in the same industry.
- AT1 has a debt to FCF ratio of 17.09. This is a negative value and a sign of low solvency as AT1 would need 17.09 years to pay back of all of its debts.
- AT1 has a better Debt to FCF ratio (17.09) than 61.04% of its industry peers.
- A Debt/Equity ratio of 0.92 indicates that AT1 is somewhat dependend on debt financing.
- AT1 has a Debt to Equity ratio (0.92) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 17.09 | ||
| Altman-Z | 0.57 |
ROIC/WACC0.86
WACC2.52%
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's Current ratio of 1.49 is fine compared to the rest of the industry. AT1 outperforms 61.04% of its industry peers.
- A Quick Ratio of 1.49 indicates that AT1 should not have too much problems paying its short term obligations.
- AT1 has a Quick ratio of 1.49. This is in the better half of the industry: AT1 outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.49 |
3. Growth
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.
- Measured over the past years, AT1 shows a quite strong growth in Revenue. The Revenue has been growing by 11.50% on average per year.
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
- The Earnings Per Share is expected to decrease by -2.37% on average over the next years.
- AT1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.17% yearly.
EPS Next Y-10.43%
EPS Next 2Y-4.22%
EPS Next 3Y-2.37%
EPS Next 5YN/A
Revenue Next Year9.64%
Revenue Next 2Y5.61%
Revenue Next 3Y4.17%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 3.43, the valuation of AT1 can be described as very cheap.
- 97.40% of the companies in the same industry are more expensive than AT1, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, AT1 is valued rather cheaply.
- With a Price/Forward Earnings ratio of 9.40, the valuation of AT1 can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, AT1 is valued cheaper than 87.01% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of AT1 to the average of the S&P500 Index (24.32), we can say AT1 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.43 | ||
| Fwd PE | 9.4 |
4.2 Price Multiples
- AT1's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AT1 is cheaper than 76.62% of the companies in the same industry.
- AT1's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AT1 is cheaper than 84.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.91 | ||
| EV/EBITDA | 14.99 |
4.3 Compensation for Growth
- AT1's earnings are expected to decrease with -2.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.22%
EPS Next 3Y-2.37%
5. Dividend
5.1 Amount
- AT1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AROUNDTOWN SA / AT1.DE FAQ
What is the ChartMill fundamental rating of AROUNDTOWN SA (AT1.DE) stock?
ChartMill assigns a fundamental rating of 4 / 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 5 / 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%.