DIC ASSET (BRNK) AI Stock Analysis

• Market Cap: €153.59M
• Dividend Yield: N/A
• Average Volume (3M): 40.87K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.41
• Revenue Growth: -13.22%
• EPS Growth: -67.54%
• Country: DE
• Employees: 300
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): -1.36
• Shares Outstanding: 83,565,510
• 10 Day Avg. Volume: 35,035
• 30 Day Avg. Volume: 40,872
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.73
• P/FCF Ratio: 3.37
• 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: €1.70
• Price Target Upside: -12.82% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: €1.50 ▼(-23.08% Downside)

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

Business Model Strength

The company's diversified portfolio across office, retail, and logistics sectors provides a stable revenue base, leveraging long-term leases for consistent cash flow.

Strategic Partnerships

These partnerships enable access to new investment opportunities, supporting growth and diversification in the real estate market.

Gross Profit Margin

A high gross profit margin indicates efficient cost management in property operations, supporting potential profitability improvement if revenue trends stabilize.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting flexibility and increasing vulnerability to market fluctuations or interest rate changes.

Declining Revenue

A downward revenue trend can strain cash flow and profitability, challenging the company's ability to sustain operations and invest in growth.

Negative Profitability

Persistent operating losses undermine financial health, requiring strategic shifts or cost reductions to achieve sustainable profitability.

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. The company focuses on generating sustainable returns for its investors through a diversified portfolio of properties, leveraging its expertise in real estate markets and asset management.

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 tenants, providing a steady stream of cash flow. Additionally, DIC ASSET engages in property development and refurbishment projects that can yield significant returns upon completion and subsequent leasing. The company may also benefit from capital appreciation of its property assets over time. Strategic partnerships with various real estate developers and investors enhance its market presence and provide access to new investment opportunities, further contributing to its earnings.

DIC ASSET Financial Statement Overview

Summary

The company is experiencing declining revenues and significant profitability challenges, with a negative net profit margin and high leverage. While cash flow generation shows improvement, the overall financial position is weak due to high debt levels and operational inefficiencies.

Income Statement

The income statement shows declining revenue with a negative revenue growth rate of -4.18% TTM. Gross profit margins remain strong at 79.18% TTM, but the company is facing significant profitability challenges with a net profit margin of -86.76% TTM and negative EBIT margins. This indicates substantial operational inefficiencies and financial distress.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 2.80 TTM, indicating significant leverage and potential risk. The return on equity is negative, reflecting poor profitability. The equity ratio is relatively low, suggesting limited financial stability. These factors highlight the company's financial vulnerability.

Cash Flow

Cash flow analysis shows a positive free cash flow growth rate of 87.99% TTM, indicating improved cash generation. However, the operating cash flow to net income ratio is low at 0.14 TTM, suggesting challenges in converting income into cash. The free cash flow to net income ratio is relatively strong at 0.80 TTM, showing some resilience in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	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

• Technical Analysis Sentiment: Negative
• Last Price: 1.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 1.88, above the 50-day MA of 1.94, and below the 200-day MA of 1.97, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 41.92 is Neutral, neither overbought nor oversold. The STOCH value of 37.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:BRNK.

DIC ASSET Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FC9	71 Outperform	€113.51M	5.14	16.26%	3.91%	-10.75%	199.01%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DKG	41 Neutral	€93.65M	-1.81	-14.15%	―	17.35%	80.47%
BRNK	39 Underperform	€153.59M	-0.53	-37.86%	―	-13.22%	-67.54%