FCR IMMOBILIEN AG (FC9.DE) Stock Fundamental Analysis
FRA:FC9 - Deutsche Boerse Ag - DE000A1YC913 - Common Stock - Currency: EUR
FC9 gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 74 industry peers in the Real Estate Management & Development industry. While FC9 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FC9 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FC9 had positive earnings in the past year.
FC9 had a positive operating cash flow in the past year.
Each year in the past 5 years FC9 has been profitable.
Each year in the past 5 years FC9 had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.87%, FC9 belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
The Return On Equity of FC9 (15.09%) is better than 95.95% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.08%, FC9 belongs to the top of the industry, outperforming 95.95% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FC9 is above the industry average of 3.47%.
The last Return On Invested Capital (7.08%) for FC9 is above the 3 year average (5.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 15.09% | ||
| ROIC | 7.08% |
ROA(3y)3.27%
ROA(5y)3.11%
ROE(3y)11.32%
ROE(5y)11.11%
ROIC(3y)5.76%
ROIC(5y)5.93%
1.3 Margins
With an excellent Profit Margin value of 40.40%, FC9 belongs to the best of the industry, outperforming 87.84% of the companies in the same industry.
FC9's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 73.38%, FC9 belongs to the best of the industry, outperforming 94.59% of the companies in the same industry.
In the last couple of years the Operating Margin of FC9 has grown nicely.
Looking at the Gross Margin, with a value of 101.21%, FC9 belongs to the top of the industry, outperforming 98.65% of the companies in the same industry.
In the last couple of years the Gross Margin of FC9 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.38% | ||
| PM (TTM) | 40.4% | ||
| GM | 101.21% |
OM growth 3Y0.24%
OM growth 5Y2.4%
PM growth 3Y20.41%
PM growth 5Y15.53%
GM growth 3Y-0.12%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FC9 is destroying value.
The number of shares outstanding for FC9 remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FC9 has more shares outstanding
Compared to 1 year ago, FC9 has an improved debt to assets ratio.
2.2 Solvency
FC9 has an Altman-Z score of 0.93. This is a bad value and indicates that FC9 is not financially healthy and even has some risk of bankruptcy.
FC9 has a Altman-Z score (0.93) which is in line with its industry peers.
The Debt to FCF ratio of FC9 is 3.30, which is a good value as it means it would take FC9, 3.30 years of fcf income to pay off all of its debts.
FC9's Debt to FCF ratio of 3.30 is amongst the best of the industry. FC9 outperforms 94.59% of its industry peers.
FC9 has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
FC9 has a better Debt to Equity ratio (0.28) than 77.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.3 | ||
| Altman-Z | 0.93 |
ROIC/WACC0.69
WACC10.27%
2.3 Liquidity
FC9 has a Current Ratio of 0.24. This is a bad value and indicates that FC9 is not financially healthy enough and could expect problems in meeting its short term obligations.
FC9 has a worse Current ratio (0.24) than 79.73% of its industry peers.
A Quick Ratio of 0.21 indicates that FC9 may have some problems paying its short term obligations.
The Quick ratio of FC9 (0.21) is worse than 74.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 149.11% over the past year.
Measured over the past years, FC9 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.98% on average per year.
FC9 shows a decrease in Revenue. In the last year, the revenue decreased by -4.55%.
The Revenue has been growing slightly by 1.71% on average over the past years.
EPS 1Y (TTM)149.11%
EPS 3Y20.86%
EPS 5Y8.98%
EPS Q2Q%455.68%
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y0.98%
Revenue growth 5Y1.71%
Sales Q2Q%7.44%
3.2 Future
Based on estimates for the next years, FC9 will show a very negative growth in Earnings Per Share. The EPS will decrease by -42.92% on average per year.
Based on estimates for the next years, FC9 will show a very negative growth in Revenue. The Revenue will decrease by -10.87% on average per year.
EPS Next Y-71.49%
EPS Next 2Y-42.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-34.38%
Revenue Next 2Y-17.64%
Revenue Next 3Y-10.87%
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 decreasing.
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
With a Price/Earnings ratio of 5.34, the valuation of FC9 can be described as very cheap.
FC9's Price/Earnings ratio is rather cheap when compared to the industry. FC9 is cheaper than 95.95% of the companies in the same industry.
When comparing the Price/Earnings ratio of FC9 to the average of the S&P500 Index (27.30), we can say FC9 is valued rather cheaply.
A Price/Forward Earnings ratio of 18.54 indicates a rather expensive valuation of FC9.
Based on the Price/Forward Earnings ratio, FC9 is valued a bit cheaper than the industry average as 63.51% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.76. FC9 is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.34 | ||
| Fwd PE | 18.54 |
4.2 Price Multiples
FC9's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. FC9 is cheaper than 97.30% of the companies in the same industry.
82.43% of the companies in the same industry are more expensive than FC9, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.87 | ||
| EV/EBITDA | 4.18 |
4.3 Compensation for Growth
FC9 has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as FC9's earnings are expected to decrease with -42.92% in the coming years.
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y-42.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FC9 has a Yearly Dividend Yield of 3.81%. Purely for dividend investing, there may be better candidates out there.
FC9's Dividend Yield is a higher than the industry average which is at 7.91.
FC9's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
5.2 History
On average, the dividend of FC9 grows each year by 7.84%, which is quite nice.
Dividend Growth(5Y)7.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FC9 pays out 11.30% of its income as dividend. This is a sustainable payout ratio.
DP11.3%
EPS Next 2Y-42.92%
EPS Next 3YN/A
FRA:FC9 (7/11/2025, 7:00:00 PM)
11.8
0 (0%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners12.62%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap116.47M
Analysts80
Price Target22.44 (90.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
Yearly Dividend0.25
Dividend Growth(5Y)7.84%
DP11.3%
Div Incr Years1
Div Non Decr Years1
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)-22.22%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-12.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.34 | ||
| Fwd PE | 18.54 | ||
| P/S | 2.15 | ||
| P/FCF | 5.87 | ||
| P/OCF | 5.74 | ||
| P/B | 0.8 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 4.18 |
EPS(TTM)2.21
EY18.73%
EPS(NY)0.64
Fwd EY5.39%
FCF(TTM)2.01
FCFY17.04%
OCF(TTM)2.06
OCFY17.42%
SpS5.48
BVpS14.66
TBVpS14.19
PEG (NY)N/A
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 15.09% | ||
| ROCE | 10.32% | ||
| ROIC | 7.08% | ||
| ROICexc | 7.11% | ||
| ROICexgc | 7.19% | ||
| OM | 73.38% | ||
| PM (TTM) | 40.4% | ||
| GM | 101.21% | ||
| FCFM | 36.71% |
ROA(3y)3.27%
ROA(5y)3.11%
ROE(3y)11.32%
ROE(5y)11.11%
ROIC(3y)5.76%
ROIC(5y)5.93%
ROICexc(3y)5.83%
ROICexc(5y)6.07%
ROICexgc(3y)5.89%
ROICexgc(5y)6.13%
ROCE(3y)8.27%
ROCE(5y)8.48%
ROICexcg growth 3Y-0.92%
ROICexcg growth 5Y-1%
ROICexc growth 3Y-1.11%
ROICexc growth 5Y-1.22%
OM growth 3Y0.24%
OM growth 5Y2.4%
PM growth 3Y20.41%
PM growth 5Y15.53%
GM growth 3Y-0.12%
GM growth 5YN/A
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.3 | ||
| Debt/EBITDA | 1 | ||
| Cap/Depr | 42.02% | ||
| Cap/Sales | 0.82% | ||
| Interest Coverage | 2.53 | ||
| Cash Conversion | 49.82% | ||
| Profit Quality | 90.87% | ||
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.21 | ||
| Altman-Z | 0.93 |
F-Score4
WACC10.27%
ROIC/WACC0.69
Cap/Depr(3y)132.31%
Cap/Depr(5y)246.7%
Cap/Sales(3y)3.58%
Cap/Sales(5y)4%
Profit Quality(3y)158.4%
Profit Quality(5y)129.71%
High Growth Momentum
Growth
EPS 1Y (TTM)149.11%
EPS 3Y20.86%
EPS 5Y8.98%
EPS Q2Q%455.68%
EPS Next Y-71.49%
EPS Next 2Y-42.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y0.98%
Revenue growth 5Y1.71%
Sales Q2Q%7.44%
Revenue Next Year-34.38%
Revenue Next 2Y-17.64%
Revenue Next 3Y-10.87%
Revenue Next 5YN/A
EBIT growth 1Y-1.86%
EBIT growth 3Y1.22%
EBIT growth 5Y4.14%
EBIT Next Year-11.59%
EBIT Next 3Y-1.9%
EBIT Next 5YN/A
FCF growth 1Y-16.38%
FCF growth 3Y21.84%
FCF growth 5YN/A
OCF growth 1Y-19.12%
OCF growth 3Y15.08%
OCF growth 5YN/A