Logo image of DEF.DE

DEFAMA AG (DEF.DE) Stock Fundamental Analysis

FRA:DEF - Deutsche Boerse Ag - DE000A13SUL5 - Common Stock - Currency: EUR

27.2  -0.8 (-2.86%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to DEF. DEF was compared to 69 industry peers in the Real Estate Management & Development industry. While DEF belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, DEF is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

In the past year DEF was profitable.
DEF had positive earnings in each of the past 5 years.
In the past 5 years DEF always reported a positive cash flow from operatings.
DEF.DE Yearly Net Income VS EBIT VS OCF VS FCFDEF.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M -20M -30M

1.2 Ratios

The Return On Assets of DEF (2.37%) is better than 81.33% of its industry peers.
DEF's Return On Equity of 11.84% is amongst the best of the industry. DEF outperforms 92.00% of its industry peers.
DEF has a Return On Invested Capital of 19.94%. This is amongst the best in the industry. DEF outperforms 98.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DEF is significantly above the industry average of 4.12%.
The last Return On Invested Capital (19.94%) for DEF is above the 3 year average (18.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.37%
ROE 11.84%
ROIC 19.94%
ROA(3y)2.61%
ROA(5y)2.33%
ROE(3y)13.7%
ROE(5y)11.93%
ROIC(3y)18.99%
ROIC(5y)17.34%
DEF.DE Yearly ROA, ROE, ROICDEF.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20

1.3 Margins

DEF has a Profit Margin of 19.82%. This is amongst the best in the industry. DEF outperforms 81.33% of its industry peers.
DEF's Profit Margin has been stable in the last couple of years.
DEF's Operating Margin of 45.53% is fine compared to the rest of the industry. DEF outperforms 78.67% of its industry peers.
DEF's Operating Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 45.53%
PM (TTM) 19.82%
GM N/A
OM growth 3Y-0.11%
OM growth 5Y-0.53%
PM growth 3Y1.17%
PM growth 5Y-0.74%
GM growth 3YN/A
GM growth 5YN/A
DEF.DE Yearly Profit, Operating, Gross MarginsDEF.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30 40 50

More info and screens

5

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DEF is creating value.
DEF has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for DEF has been increased compared to 5 years ago.
The debt/assets ratio for DEF has been reduced compared to a year ago.
DEF.DE Yearly Shares OutstandingDEF.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 1M 2M 3M 4M
DEF.DE Yearly Total Debt VS Total AssetsDEF.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M

2.2 Solvency

DEF has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC4.75
WACC4.2%
DEF.DE Yearly LT Debt VS Equity VS FCFDEF.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M 40M

2.3 Liquidity

A Current Ratio of 0.03 indicates that DEF may have some problems paying its short term obligations.
The Current ratio of DEF (0.03) is worse than 78.67% of its industry peers.
A Quick Ratio of 0.03 indicates that DEF may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.03, DEF is doing worse than 78.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.03
Quick Ratio 0.03
DEF.DE Yearly Current Assets VS Current LiabilitesDEF.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M

More info and screens

6

3. Growth

3.1 Past

DEF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.47%, which is quite good.
The Earnings Per Share has been growing by 13.59% on average over the past years. This is quite good.
Looking at the last year, DEF shows a quite strong growth in Revenue. The Revenue has grown by 16.88% in the last year.
Measured over the past years, DEF shows a very strong growth in Revenue. The Revenue has been growing by 20.76% on average per year.
EPS 1Y (TTM)8.47%
EPS 3Y15.14%
EPS 5Y13.59%
EPS Q2Q%-5%
Revenue 1Y (TTM)16.88%
Revenue growth 3Y16.98%
Revenue growth 5Y20.76%
Sales Q2Q%14.47%

3.2 Future

DEF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.85% yearly.
The Revenue is expected to grow by 11.14% on average over the next years. This is quite good.
EPS Next Y12.25%
EPS Next 2Y5.8%
EPS Next 3Y6.85%
EPS Next 5YN/A
Revenue Next Year16.6%
Revenue Next 2Y12.96%
Revenue Next 3Y11.14%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
DEF.DE Yearly Revenue VS EstimatesDEF.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10M 20M 30M
DEF.DE Yearly EPS VS EstimatesDEF.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

More info and screens

3

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 21.25 indicates a rather expensive valuation of DEF.
Based on the Price/Earnings ratio, DEF is valued a bit cheaper than 70.67% of the companies in the same industry.
DEF is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 26.21, DEF can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, DEF is valued a bit cheaper than the industry average as 65.33% of the companies are valued more expensively.
DEF is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.25
Fwd PE 26.21
DEF.DE Price Earnings VS Forward Price EarningsDEF.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, DEF is valued a bit cheaper than the industry average as 78.67% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.71
DEF.DE Per share dataDEF.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

DEF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of DEF may justify a higher PE ratio.
PEG (NY)1.73
PEG (5Y)1.56
EPS Next 2Y5.8%
EPS Next 3Y6.85%

More info and screens

3

5. Dividend

5.1 Amount

DEF has a Yearly Dividend Yield of 2.14%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.29, DEF has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, DEF has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.14%

5.2 History

On average, the dividend of DEF grows each year by 10.80%, which is quite nice.
Dividend Growth(5Y)10.8%
Div Incr Years0
Div Non Decr Years0
DEF.DE Yearly Dividends per shareDEF.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

The dividend of DEF is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y5.8%
EPS Next 3Y6.85%
DEF.DE Yearly Income VS Free CF VS DividendDEF.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -10M -20M -30M

More info and screens

DEFAMA AG

FRA:DEF (3/7/2025, 7:00:00 PM)

27.2

-0.8 (-2.86%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners7.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap130.56M
Analysts50
Price Target33.05 (21.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.14%
Yearly Dividend0.54
Dividend Growth(5Y)10.8%
DPN/A
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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.26%
Revenue NY rev (3m)1.26%
Valuation
Industry RankSector Rank
PE 21.25
Fwd PE 26.21
P/S 4.96
P/FCF N/A
P/OCF N/A
P/B 2.96
P/tB 2.97
EV/EBITDA 16.71
EPS(TTM)1.28
EY4.71%
EPS(NY)1.04
Fwd EY3.82%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS5.48
BVpS9.18
TBVpS9.15
PEG (NY)1.73
PEG (5Y)1.56
Profitability
Industry RankSector Rank
ROA 2.37%
ROE 11.84%
ROCE 27.2%
ROIC 19.94%
ROICexc 20.49%
ROICexgc 20.54%
OM 45.53%
PM (TTM) 19.82%
GM N/A
FCFM N/A
ROA(3y)2.61%
ROA(5y)2.33%
ROE(3y)13.7%
ROE(5y)11.93%
ROIC(3y)18.99%
ROIC(5y)17.34%
ROICexc(3y)20.47%
ROICexc(5y)19.95%
ROICexgc(3y)20.48%
ROICexgc(5y)19.97%
ROCE(3y)25.9%
ROCE(5y)23.65%
ROICexcg growth 3Y-5.89%
ROICexcg growth 5Y-3.24%
ROICexc growth 3Y-5.91%
ROICexc growth 5Y-3.26%
OM growth 3Y-0.11%
OM growth 5Y-0.53%
PM growth 3Y1.17%
PM growth 5Y-0.74%
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.03
Quick Ratio 0.03
Altman-Z N/A
F-ScoreN/A
WACC4.2%
ROIC/WACC4.75
Cap/Depr(3y)641.71%
Cap/Depr(5y)736.77%
Cap/Sales(3y)160.44%
Cap/Sales(5y)176.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.47%
EPS 3Y15.14%
EPS 5Y13.59%
EPS Q2Q%-5%
EPS Next Y12.25%
EPS Next 2Y5.8%
EPS Next 3Y6.85%
EPS Next 5YN/A
Revenue 1Y (TTM)16.88%
Revenue growth 3Y16.98%
Revenue growth 5Y20.76%
Sales Q2Q%14.47%
Revenue Next Year16.6%
Revenue Next 2Y12.96%
Revenue Next 3Y11.14%
Revenue Next 5YN/A
EBIT growth 1Y8.33%
EBIT growth 3Y16.85%
EBIT growth 5Y20.12%
EBIT Next Year101.8%
EBIT Next 3Y32.5%
EBIT Next 5YN/A
FCF growth 1Y71.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.18%
OCF growth 3Y37.67%
OCF growth 5Y30.49%