alstria office REIT Aktiengesellschaft (AOX) AI Stock Analysis

• Market Cap: €1.03B
• Dividend Yield: N/A
• Average Volume (3M): 15.02K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -3.54%
• EPS Growth: 83.62%
• Country: DE
• Employees: 186
• Sector: Real Estate
• Sector Strength: 64
• Industry: Real Estate - General
• EPS (TTM): 0.18
• Shares Outstanding: 178,561,570
• 10 Day Avg. Volume: 5,972
• 30 Day Avg. Volume: 15,024
• PEG Ratio: -2.90
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €7.10
• Price Target Upside: 22.84% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: €6.00 ▲(3.81%Upside)

Alstria office REIT's overall stock score is moderate at 54. Strengths include positive technical momentum and robust cash flow generation, but these are overshadowed by significant challenges in financial performance, particularly in profitability and leverage. The valuation is also weak due to negative earnings and lack of dividends, making the stock less appealing for value-focused investors.

alstria office REIT Aktiengesellschaft Business Overview & Revenue Model

Company Description

alstria office REIT-AG engages in the acquisition, ownership, and management of real estate. The company is headquartered in Hamburg, Hamburg and currently employs 155 full-time employees. The Company’s real estate operations cover asset management, property and technical management, as well as the office planning. The company owns a portfolio of approximately 120 properties across Germany in Hamburg, Berlin, Bonn, Detmold, Dortmund, Dresden, Dusseldorf, Erfurt, Essen, Frankfurt, Halle, Hannover, Jena, Koln, Leipzig, Magdeburg, Mannheim, Munich, Neuss, Nurnberg, Potsdam, Stuttgart, Wiesbaden, Wuppertal, Wurzburg and Zwickau. The firm operates DO Deutsche Office AG as a majority owned subsidiary.

How the Company Makes Money

Alstria Office REIT AG generates revenue primarily through the leasing of office space within its portfolio of properties. The company earns rental income from long-term lease agreements with a diverse range of tenants, including corporations, government entities, and professional service firms. In addition to rental income, Alstria may benefit from property appreciation and value-added activities such as property redevelopment and active asset management, which can lead to increased rental rates and occupancy levels. The company's strategic focus on high-demand urban locations in Germany ensures a steady stream of rental income, while its status as a REIT allows it to distribute a large portion of its profits to shareholders, attracting income-focused investors.

alstria office REIT Aktiengesellschaft Financial Statement Overview

Summary

Alstria office REIT's financial profile is challenging with persistent net losses impacting profitability. Despite some revenue growth, instability in operational margins and high leverage signal financial instability. Positive cash flow generation is a strength but needs alignment with profitability improvements.

Income Statement

The company's income statement reveals mixed performance. The gross profit margin has been consistently healthy, but the net profit margin is negative due to persistent losses, impacting profitability. Revenue shows a slight growth trajectory, yet the improvement is insufficient to offset the negative net income. Both EBIT and EBITDA margins have been volatile, with significant fluctuations over the years, indicating instability in operational efficiency.

Balance Sheet

The balance sheet indicates a moderately leveraged position with a debt-to-equity ratio suggesting a reliance on debt financing. Although the equity ratio reflects a reasonable proportion of equity to assets, return on equity is negative due to continued net losses, highlighting a challenge in generating shareholder value. Overall, the balance sheet presents a stable asset base but reveals potential risk due to high leverage.

Cash Flow

Cash flow analysis shows positive operational cash flows, albeit a declining trend in free cash flow growth rate, indicating some pressure on cash generation capabilities. The operating cash flow to net income ratio is favorable due to non-cash impacts on net income, but the free cash flow to net income ratio underscores challenges in converting profits into cash. Overall, the cash flow statements show resilience in operations but highlight cash conversion issues.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
240.24M	239.18M	230.19M	220.99M	222.58M	215.43M
	Gross Profit
176.32M	172.78M	165.23M	160.40M	163.27M	154.82M
	EBIT
181.10M	181.75M	-605.51M	134.83M	236.45M	200.14M
	EBITDA
213.06M	213.46M	-576.62M	-40.36M	238.25M	131.39M
	Net Income Common Stockholders
-101.18M	-104.55M	-653.37M	-74.61M	209.68M	168.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
265.58M	72.78M	116.28M	364.97M	313.68M	460.96M
	Total Assets
3.81B	4.35B	4.24B	5.16B	5.23B	5.09B
	Total Debt
1.40B	2.42B	2.44B	2.40B	1.72B	1.70B
	Net Debt
1.13B	2.34B	2.33B	2.04B	1.41B	1.24B
	Total Liabilities
1.53B	2.84B	2.62B	2.59B	1.87B	1.84B
	Stockholders Equity
2.28B	1.51B	1.62B	2.57B	3.37B	3.25B
Cash Flow		Free Cash Flow
45.73M	91.68M	87.53M	86.38M	113.34M	102.99M
	Operating Cash Flow
46.40M	92.27M	89.08M	87.08M	116.43M	103.23M
	Investing Cash Flow
-92.68M	-104.02M	-109.53M	44.95M	-186.43M	171.67M
	Financing Cash Flow
40.21M	-24.30M	-228.24M	-80.74M	-77.28M	-112.16M

alstria office REIT Aktiengesellschaft Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:AOX, the sentiment is Positive. The current price of 5.78 is below the 20-day moving average (MA) of 5.80, above the 50-day MA of 5.66, and above the 200-day MA of 4.79, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 54.49 is Neutral, neither overbought nor oversold. The STOCH value of 49.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:AOX.

alstria office REIT Aktiengesellschaft Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.85B	10.96	0.41%	8438.88%	5.73%	-21.25%
AOX	54 Neutral	€1.03B	―	-6.33%	―	-3.54%	83.62%
0I3Z		€1.50B	12.15	6.26%	13.06%	―	―
0MCG		€538.49M	37.20	3.30%	7.45%	―	―
0FJC		€704.78M	52.77	1.19%	4.16%	―	―
GYC	71 Outperform	€1.88B	8.51	6.27%	―	-1.22%	―
0ZQ7		€422.90M	11.00	6.11%	3.62%	―	―