alstria office REIT Aktiengesellschaft (AOX) AI Stock Analysis

• Market Cap: €1.04B
• Dividend Yield: N/A
• Average Volume (3M): 12.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: -1.61%
• EPS Growth: 84.00%
• Country: DE
• Employees: 186
• Sector: Real Estate
• Sector Strength: 83
• Industry: Real Estate - General
• EPS (TTM): -0.58
• Shares Outstanding: 178,561,570
• 10 Day Avg. Volume: 5,025
• 30 Day Avg. Volume: 12,201
• PEG Ratio: -0.11
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.83
• 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: 21.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

The company exhibits operational resilience through positive cash flows but faces significant profitability challenges and high leverage. Moderate technical indicators provide some optimism, yet the negative P/E ratio and lack of dividends reduce its investment appeal.

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

The company faces significant challenges with profitability and leverage as reflected in its income statement and balance sheet. Despite these challenges, it manages to maintain positive cash flows, suggesting operational resilience. Continued focus on improving profitability and reducing leverage is essential for financial stability and growth.

Income Statement

The company experienced a volatile performance in recent years. Revenue grew by 3.9% from 2023 to 2024. Gross profit margins remained relatively stable, but net income has been negative for the past three years indicating significant profitability challenges. The EBIT margin is inconsistent, recovering in 2024 after a significant negative in 2023, suggesting operational inefficiencies or market challenges.

Balance Sheet

The balance sheet depicts a high debt-to-equity ratio, indicating a leveraged position with Total Debt higher than Stockholders' Equity. The equity ratio is declining, highlighting potential financial instability. Return on Equity is negative due to continued net losses, posing a risk to shareholders. However, the asset base is substantial, providing some stability.

Cash Flow

The company maintains positive free cash flow, with a growth rate of 4.8% from 2023 to 2024, indicating some operational efficiency. The operating cash flow supports the business, covering net income losses. However, the free cash flow to net income ratio indicates challenges in translating income into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
239.18M	230.19M	220.99M	222.58M	215.43M
	Gross Profit
172.78M	165.23M	160.40M	163.27M	154.82M
	EBIT
181.75M	-605.51M	134.83M	236.45M	200.14M
	EBITDA
213.46M	-576.62M	-40.36M	238.25M	131.39M
	Net Income Common Stockholders
-104.55M	-653.37M	-74.61M	209.68M	168.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
80.23M	116.28M	364.97M	313.68M	460.96M
	Total Assets
4.35B	4.24B	5.16B	5.23B	5.09B
	Total Debt
2.42B	2.44B	2.40B	1.72B	1.70B
	Net Debt
2.34B	2.33B	2.04B	1.41B	1.24B
	Total Liabilities
2.84B	2.62B	2.59B	1.87B	1.84B
	Stockholders Equity
1.51B	1.62B	2.57B	3.37B	3.25B
Cash Flow		Free Cash Flow
91.68M	87.53M	86.38M	113.34M	102.99M
	Operating Cash Flow
92.27M	89.08M	87.08M	116.43M	103.23M
	Investing Cash Flow
-104.02M	-109.53M	44.95M	-186.43M	171.67M
	Financing Cash Flow
-24.30M	-228.24M	-80.74M	-77.28M	-112.16M

alstria office REIT Aktiengesellschaft Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 5.82 is above the 20-day moving average (MA) of 5.63, above the 50-day MA of 5.57, and above the 200-day MA of 5.56, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 63.60 is Neutral, neither overbought nor oversold. The STOCH value of 85.46 is Negative, 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 *	60 Neutral	$2.81B	11.05	0.20%	8508.34%	6.12%	-16.02%
AOX	56 Neutral	€1.04B	―	-6.69%	―	-1.61%	84.00%