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Deutsche Euroshop AG (DE:DEQ)
XETRA:DEQ
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Deutsche Euroshop (DEQ) AI Stock Analysis

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DE:DEQ

Deutsche Euroshop

(XETRA:DEQ)

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Outperform 70 (OpenAI - 5.2)
Rating:70Outperform
Price Target:
€21.50
▲(6.70% Upside)
Action:Upgraded
Date:05/15/26
The score is primarily supported by very strong TTM profitability and free-cash-flow generation, plus an attractive valuation with a high dividend yield. This is tempered by balance-sheet leverage and earnings volatility, alongside mixed-to-weak near-term technical momentum.
Positive Factors
High TTM profitability and margins
Exceptional trailing‑12‑month margins indicate strong earnings power from the portfolio. Durable high margins provide a recurring earnings cushion to cover dividends, capex and interest, improving resilience over the next several quarters if occupancy and rents hold.
Negative Factors
Elevated leverage and rising debt
Debt slightly above equity and rising borrowings increase interest and refinancing exposure. With shopping‑center cashflows sensitive to occupancy, elevated leverage narrows financial flexibility and raises long‑term liquidity and covenant risk if trends weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
High TTM profitability and margins
Exceptional trailing‑12‑month margins indicate strong earnings power from the portfolio. Durable high margins provide a recurring earnings cushion to cover dividends, capex and interest, improving resilience over the next several quarters if occupancy and rents hold.
Read all positive factors

Deutsche Euroshop (DEQ) vs. iShares MSCI Germany ETF (EWG)

Deutsche Euroshop Business Overview & Revenue Model

Company Description
Deutsche EuroShop AG is a German-based international real estate investment company headquartered in Hamburg. It is the largest German investor in shopping centers, and the country's only publicly traded company to do so exclusively. At the end of...
How the Company Makes Money
Deutsche EuroShop primarily makes money from income generated by the shopping centers in which it holds ownership interests. The core revenue driver is rental income paid by retail and service tenants leasing space in these properties (e.g., base ...

Deutsche Euroshop Financial Statement Overview

Summary
Strong latest TTM performance with sharp revenue growth (+69.5%), exceptionally high margins (net ~76%, EBIT ~81%), and solid free cash flow (TTM FCF up +742.8%). Offsetting this are elevated leverage (debt-to-equity ~1.08, debt rising vs 2024) and historically volatile profitability including a 2023 loss.
Income Statement
82
Very Positive
Balance Sheet
60
Neutral
Cash Flow
73
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue278.32M273.28M271.40M273.30M212.81M211.75M
Gross Profit227.37M223.40M225.15M223.76M175.60M179.21M
EBITDA225.77M228.29M199.29M3.70M60.09M110.06M
Net Income211.63M215.05M123.51M-38.28M21.36M59.95M
Balance Sheet
Total Assets4.63B4.60B4.36B4.46B4.21B4.28B
Cash, Cash Equivalents and Short-Term Investments417.07M387.40M216.34M336.07M338.28M332.76M
Total Debt2.09B2.09B1.81B1.68B1.48B1.50B
Total Liabilities2.70B2.70B2.48B2.34B2.17B2.22B
Stockholders Equity1.93B1.90B1.88B2.12B2.04B2.06B
Cash Flow
Free Cash Flow139.49M132.84M160.42M175.05M140.61M130.21M
Operating Cash Flow139.51M132.93M160.43M175.06M140.63M130.27M
Investing Cash Flow-32.11M-32.28M-40.29M-62.95M-39.50M-18.79M
Financing Cash Flow87.95M74.32M-243.78M-110.98M-95.02M-48.67M

Deutsche Euroshop Technical Analysis

Technical Analysis Sentiment
Positive
Last Price20.15
Price Trends
50DMA
19.86
Positive
100DMA
19.80
Positive
200DMA
19.17
Positive
Market Momentum
MACD
0.16
Negative
RSI
61.91
Neutral
STOCH
92.75
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DEQ, the sentiment is Positive. The current price of 20.15 is above the 20-day moving average (MA) of 19.89, above the 50-day MA of 19.86, and above the 200-day MA of 19.17, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 61.91 is Neutral, neither overbought nor oversold. The STOCH value of 92.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:DEQ.

Deutsche Euroshop Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
€1.55B7.3411.70%28.14%0.94%72.90%
65
Neutral
€110.55M8.778.47%4.02%-34.11%-42.27%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
€646.41M29.162.22%4.33%2.47%72.49%
49
Neutral
€6.11B20.245.16%-11.60%
44
Neutral
€38.62M-0.47-56.48%37.96%15.96%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:DEQ
Deutsche Euroshop
20.50
2.69
15.12%
DE:DMRE
DEMIRE Deutsche Mittelstand Real Estate ate ate
0.37
-0.37
-50.54%
DE:PAT
Patrizia Immobilien
7.53
-0.38
-4.78%
DE:DEF
DEFAMA Deutsche Fachmarkt AG
23.90
-3.30
-12.13%
DE:O5G
CPI PROPERTY GROUP S.A.
0.73
-0.13
-15.12%
DE:FC9
FCR Immobilien AG
11.20
-1.70
-13.18%
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.Date of analysis: May 15, 2026