FCR IMMOBILIEN AG (FC9.DE) Stock Fundamental Analysis
Europe - FRA:FC9 - DE000A1YC913 - Common Stock
11.3 EUR
0 (0%)
Taking everything into account, FC9 scores 6 out of 10 in our fundamental rating. FC9 was compared to 74 industry peers in the Real Estate Management & Development industry. FC9 scores excellent on profitability, but there are some minor concerns on its financial health. FC9 has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
FC9 had positive earnings in the past year.
In the past year FC9 had a positive cash flow from operations.
FC9 had positive earnings in each of the past 5 years.
In the past 5 years FC9 always reported a positive cash flow from operatings.
1.2 Ratios
FC9's Return On Assets of 4.87% is amongst the best of the industry. FC9 outperforms 87.84% of its industry peers.
FC9 has a better Return On Equity (15.09%) than 94.59% 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 94.59% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FC9 is in line with the industry average of 3.81%.
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
FC9 has a Profit Margin of 40.40%. This is in the better half of the industry: FC9 outperforms 77.03% of its industry peers.
In the last couple of years the Profit Margin of FC9 has grown nicely.
FC9 has a better Operating Margin (73.38%) than 91.89% of its industry peers.
FC9's Operating Margin has improved in the last couple of years.
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.
FC9's Gross Margin has been stable in the last couple of years.
| 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
FC9 has a better debt/assets ratio than last year.
2.2 Solvency
FC9 has an Altman-Z score of 0.92. 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 (0.92) 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 90.54% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that FC9 is not too dependend on debt financing.
FC9's Debt to Equity ratio of 0.28 is fine compared to the rest of the industry. FC9 outperforms 74.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.3 | ||
| Altman-Z | 0.92 |
ROIC/WACC0.68
WACC10.39%
2.3 Liquidity
A Current Ratio of 0.24 indicates that FC9 may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.24, FC9 is doing worse than 86.49% of the companies in the same industry.
FC9 has a Quick 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.
With a Quick ratio value of 0.21, FC9 is not doing good in the industry: 78.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.24 | ||
| Quick Ratio | 0.21 |
3. Growth
3.1 Past
FC9 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 149.11%, which is quite impressive.
The Earnings Per Share has been growing by 8.98% on average over the past years. This is quite good.
Looking at the last year, FC9 shows a decrease in Revenue. The Revenue has decreased by -4.55% in the last year.
FC9 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.71% yearly.
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
FC9 is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -22.00% yearly.
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-67.86%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.11, the valuation of FC9 can be described as very cheap.
Based on the Price/Earnings ratio, FC9 is valued cheaper than 94.59% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, FC9 is valued rather cheaply.
FC9 is valuated rather expensively with a Price/Forward Earnings ratio of 17.76.
FC9's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FC9 is cheaper than 64.86% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FC9 to the average of the S&P500 Index (22.88), we can say FC9 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.11 | ||
| Fwd PE | 17.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FC9 is valued cheaply inside the industry as 95.95% of the companies are valued more expensively.
81.08% 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 | 5.62 | ||
| EV/EBITDA | 4.05 |
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 -22.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y-39.39%
EPS Next 3Y-22%
5. Dividend
5.1 Amount
FC9 has a Yearly Dividend Yield of 3.98%. 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 7.70.
FC9's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
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-39.39%
EPS Next 3Y-22%
FRA:FC9 (9/15/2025, 7:00:00 PM)
11.3
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 Cap111.53M
Analysts80
Price Target22.44 (98.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.98% |
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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.11 | ||
| Fwd PE | 17.76 | ||
| P/S | 2.06 | ||
| P/FCF | 5.62 | ||
| P/OCF | 5.5 | ||
| P/B | 0.77 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 4.05 |
EPS(TTM)2.21
EY19.56%
EPS(NY)0.64
Fwd EY5.63%
FCF(TTM)2.01
FCFY17.79%
OCF(TTM)2.06
OCFY18.19%
SpS5.48
BVpS14.66
TBVpS14.19
PEG (NY)N/A
PEG (5Y)0.57
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 | 0.92 |
F-Score4
WACC10.39%
ROIC/WACC0.68
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-67.86%
EPS Next 2Y-39.39%
EPS Next 3Y-22%
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-4.19%
EBIT Next 3Y0.77%
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