TAG IMMOBILIEN AG (TEG.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:TEG - DE0008303504 - Common Stock
14.14 EUR
+0.13 (+0.93%)
We assign a fundamental rating of 5 out of 10 to TEG. TEG was compared to 71 industry peers in the Real Estate Management & Development industry. While TEG belongs to the best of the industry regarding profitability, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on TEG.
1. Profitability
1.1 Basic Checks
- TEG had positive earnings in the past year.
- In the past year TEG had a positive cash flow from operations.
- TEG had positive earnings in 4 of the past 5 years.
- In the past 5 years TEG always reported a positive cash flow from operatings.
1.2 Ratios
- TEG has a Return On Assets of 4.41%. This is amongst the best in the industry. TEG outperforms 85.71% of its industry peers.
- TEG's Return On Equity of 11.36% is amongst the best of the industry. TEG outperforms 89.61% of its industry peers.
- TEG has a Return On Invested Capital (2.24%) which is comparable to the rest of the industry.
- TEG had an Average Return On Invested Capital over the past 3 years of 2.21%. This is in line with the industry average of 3.94%.
- The 3 year average ROIC (2.21%) for TEG is below the current ROIC(2.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.41% | ||
| ROE | 11.36% | ||
| ROIC | 2.24% |
ROA(3y)-0.83%
ROA(5y)2.32%
ROE(3y)-2.07%
ROE(5y)5.54%
ROIC(3y)2.21%
ROIC(5y)2.25%
1.3 Margins
- With an excellent Profit Margin value of 81.72%, TEG belongs to the best of the industry, outperforming 88.31% of the companies in the same industry.
- In the last couple of years the Profit Margin of TEG has declined.
- The Operating Margin of TEG (46.76%) is better than 72.73% of its industry peers.
- In the last couple of years the Operating Margin of TEG has declined.
- TEG has a better Gross Margin (72.25%) than 63.64% of its industry peers.
- In the last couple of years the Gross Margin of TEG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.76% | ||
| PM (TTM) | 81.72% | ||
| GM | 72.25% |
OM growth 3Y-2.65%
OM growth 5Y-3.15%
PM growth 3Y-41.9%
PM growth 5Y-25.29%
GM growth 3Y1.13%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
- TEG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- TEG has about the same amout of shares outstanding than it did 1 year ago.
- Compared to 5 years ago, TEG has more shares outstanding
- TEG has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.87, we must say that TEG is in the distress zone and has some risk of bankruptcy.
- TEG has a Altman-Z score (0.87) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.85 indicates that TEG is somewhat dependend on debt financing.
- TEG has a Debt to Equity ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.87 |
ROIC/WACC0.58
WACC3.88%
2.3 Liquidity
- A Current Ratio of 1.26 indicates that TEG should not have too much problems paying its short term obligations.
- TEG's Current ratio of 1.26 is in line compared to the rest of the industry. TEG outperforms 48.05% of its industry peers.
- TEG has a Quick Ratio of 1.26. This is a bad value and indicates that TEG is not financially healthy enough and could expect problems in meeting its short term obligations.
- TEG has a Quick ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 438.24% over the past year.
- The earnings per share for TEG have been decreasing by -24.78% on average. This is quite bad
- TEG shows a small growth in Revenue. In the last year, the Revenue has grown by 1.80%.
- TEG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.13% yearly.
EPS 1Y (TTM)438.24%
EPS 3Y-42.69%
EPS 5Y-24.78%
EPS Q2Q%374.08%
Revenue 1Y (TTM)1.8%
Revenue growth 3Y2.68%
Revenue growth 5Y3.13%
Sales Q2Q%-0.69%
3.2 Future
- TEG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.56% yearly.
- TEG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.21% yearly.
EPS Next Y30.48%
EPS Next 2Y19.66%
EPS Next 3Y13.56%
EPS Next 5YN/A
Revenue Next Year9.73%
Revenue Next 2Y10.8%
Revenue Next 3Y9.86%
Revenue Next 5Y4.21%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- TEG is valuated cheaply with a Price/Earnings ratio of 7.11.
- Based on the Price/Earnings ratio, TEG is valued cheaper than 90.91% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, TEG is valued rather cheaply.
- With a Price/Forward Earnings ratio of 9.87, the valuation of TEG can be described as very reasonable.
- 83.12% of the companies in the same industry are more expensive than TEG, based on the Price/Forward Earnings ratio.
- TEG is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.11 | ||
| Fwd PE | 9.87 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as TEG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 23.85 |
4.3 Compensation for Growth
- TEG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of TEG may justify a higher PE ratio.
- TEG's earnings are expected to grow with 13.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y19.66%
EPS Next 3Y13.56%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.86%, TEG has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 4.22, TEG pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, TEG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.86% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y19.66%
EPS Next 3Y13.56%
TAG IMMOBILIEN AG / TEG.DE FAQ
Can you provide the ChartMill fundamental rating for TAG IMMOBILIEN AG?
ChartMill assigns a fundamental rating of 5 / 10 to TEG.DE.
What is the valuation status of TAG IMMOBILIEN AG (TEG.DE) stock?
ChartMill assigns a valuation rating of 7 / 10 to TAG IMMOBILIEN AG (TEG.DE). This can be considered as Undervalued.
Can you provide the profitability details for TAG IMMOBILIEN AG?
TAG IMMOBILIEN AG (TEG.DE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of TAG IMMOBILIEN AG (TEG.DE) stock?
The Price/Earnings (PE) ratio for TAG IMMOBILIEN AG (TEG.DE) is 7.11 and the Price/Book (PB) ratio is 0.77.
Can you provide the financial health for TEG stock?
The financial health rating of TAG IMMOBILIEN AG (TEG.DE) is 2 / 10.