DIC ASSET AG (DE:BRNK)
XETRA:BRNK
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DIC ASSET
(XETRA:BRNK)
Select Model
Select Model
Rating:39Underperform
Price Target:
€2.00
▲(2.56% Upside)
Action:DowngradedDate:12/11/25
The overall stock score is heavily impacted by the company's poor financial performance, characterized by high leverage, declining revenues, and negative profitability. Technical analysis further supports a bearish outlook with the stock trading below key moving averages and negative momentum indicators. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, reflecting significant financial and operational challenges.
Positive Factors
Diversified revenue streams
DIC Asset's dual model — recurring rental income from owned properties plus fee-based asset/investment management — provides diversified, less cyclical cashflow. Fee revenue is capital-light and stabilizes income across property cycles, supporting resilience over months.
Negative Factors
High leverage
A debt-to-equity ratio near 2.8 and low equity ratio raise refinancing and interest-rate sensitivity risks. High leverage constrains strategic flexibility, amplifies downside from vacancies or rent pressure, and increases probability of asset sales or covenant strain during funding stress.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
DIC Asset's dual model — recurring rental income from owned properties plus fee-based asset/investment management — provides diversified, less cyclical cashflow. Fee revenue is capital-light and stabilizes income across property cycles, supporting resilience over months.
Read all positive factors
DIC ASSET (BRNK) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€113.15M
Dividend YieldN/A
Average Volume (3M)38.36K
Price to Earnings (P/E)―
Beta (1Y)0.63
Revenue Growth-13.22%
EPS Growth-67.54%
CountryDE
Employees300
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)-1.36
Shares Outstanding83,565,510
10 Day Avg. Volume51,666
30 Day Avg. Volume38,364
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.25
Price to Sales (P/S)0.73
P/FCF Ratio3.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.03
Revenue Forecast (FY)€121.83M
DIC ASSET Business Overview & Revenue Model
Company Description
DIC ASSET AG (BRNK) is a leading real estate investment and management company based in Germany, specializing in the acquisition, development, and management of commercial properties across various sectors, including office, retail, and logistics....
How the Company Makes Money
DIC ASSET generates revenue primarily through rental income from its extensive portfolio of commercial properties, which includes office buildings, shopping centers, and logistics facilities. The company earns money by leasing these properties to ...
DIC ASSET Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
40
Negative
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 221.06M | 251.63M | 274.51M | 301.30M | 236.64M | 204.77M |
| Gross Profit | 174.59M | 198.39M | 217.98M | 172.73M | 153.27M | 125.39M |
| EBITDA | 137.00M | 165.65M | 149.88M | 162.76M | 134.84M | 112.96M |
| Net Income | -289.30M | -281.11M | -65.96M | 31.02M | 57.80M | 70.01M |
Balance Sheet | ||||||
| Total Assets | 3.06B | 3.74B | 4.85B | 5.18B | 3.49B | 2.72B |
| Cash, Cash Equivalents and Short-Term Investments | 97.06M | 165.72M | 158.64M | 188.40M | 546.91M | 371.40M |
| Total Debt | 1.84B | 2.30B | 2.96B | 3.10B | 2.17B | 1.48B |
| Total Liabilities | 2.11B | 2.61B | 3.32B | 3.52B | 2.36B | 1.62B |
| Stockholders Equity | 613.11M | 752.59M | 1.04B | 1.18B | 1.13B | 1.10B |
Cash Flow | ||||||
| Free Cash Flow | 24.63M | 54.84M | 96.91M | 158.11M | 42.92M | 61.74M |
| Operating Cash Flow | 36.73M | 54.84M | 97.05M | 158.86M | 43.40M | 67.43M |
| Investing Cash Flow | 497.07M | 553.77M | 306.20M | -700.32M | -569.57M | -73.57M |
| Financing Cash Flow | -606.33M | -703.44M | -246.11M | 97.29M | 698.47M | 26.31M |
DIC ASSET Technical Analysis
Negative
1.95
Price Trends
1.78
Negative
1.83
Negative
1.91
Negative
Market Momentum
-0.13
Positive
31.82
Neutral
14.74
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:BRNK, the sentiment is Negative. The current price of 1.95 is above the 20-day moving average (MA) of 1.58, above the 50-day MA of 1.78, and above the 200-day MA of 1.91, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 31.82 is Neutral, neither overbought nor oversold. The STOCH value of 14.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BRNK.
DIC ASSET Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €110.55M | 6.50 | 15.27% | 4.02% | -10.75% | 199.01% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
51 Neutral | €179.73M | 6.41 | -16.51% | ― | -30.53% | -2032.32% | |
39 Underperform | €113.15M | -0.37 | -40.94% | ― | -13.22% | -67.54% |
* Real Estate Sector Average
DE:BRNK
DIC ASSET
1.35
-0.61
-31.13%
DE:DKG
Deutsche Konsum REIT AG
1.64
-1.47
-47.26%
DE:AGR
AGROB Immobilien AG
35.00
-9.18
-20.78%
DE:DRE2
Deutsche Real Estate AG
12.80
6.79
112.98%
DE:DEF
DEFAMA Deutsche Fachmarkt AG
25.40
-1.02
-3.86%
DE:FC9
FCR Immobilien AG
11.20
-1.15
-9.31%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.