DEMIRE Deutsche Mittelstand Real Estate AG (DE:DMRE)
XETRA:DMRE
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DEMIRE Deutsche Mittelstand Real Estate ate ate
(XETRA:DMRE)
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Rating:48Neutral
Price Target:
€0.53
▲(28.05% Upside)
Action:ReiteratedDate:03/25/26
The score is primarily constrained by weak financial performance—large ongoing net losses and elevated leverage—despite strong TTM revenue growth and improved gross margin. Technicals are modestly supportive in the near term (slight positive momentum, above shorter-term averages), but valuation support is limited due to negative earnings and no dividend data.
Positive Factors
Revenue growth and improved gross margin
Sustained TTM revenue growth (+22.4%) combined with a material gross margin rebound to ~66% suggests the company is improving asset-level profitability through pricing, lease mix, or cost control. That durable improvement supports higher NOI and long-term cash generation capacity if maintained across the portfolio.
Negative Factors
Persistent negative profitability and large net losses
Large, ongoing net losses and negative EBIT are a material structural weakness: they erode equity, limit retained earnings for reinvestment, and constrain capacity to absorb shocks. Continued negative margins impede long-term return generation and may force asset disposals or capital raises if sustained.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth and improved gross margin
Sustained TTM revenue growth (+22.4%) combined with a material gross margin rebound to ~66% suggests the company is improving asset-level profitability through pricing, lease mix, or cost control. That durable improvement supports higher NOI and long-term cash generation capacity if maintained across the portfolio.
Read all positive factors
DEMIRE Deutsche Mittelstand Real Estate ate ate (DMRE) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€52.76M
Dividend YieldN/A
Average Volume (3M)6.72K
Price to Earnings (P/E)―
Beta (1Y)0.94
Revenue Growth-48.02%
EPS Growth-1.65%
CountryDE
Employees28
SectorGeneral
Sector StrengthN/A
IndustryReal Estate - Services
Share Statistics
EPS (TTM)-0.27
Shares Outstanding107,777,320
10 Day Avg. Volume5,266
30 Day Avg. Volume6,721
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)0.33
Price to Sales (P/S)0.36
P/FCF Ratio41.96
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)-0.1
Revenue Forecast (FY)€49.50M
DEMIRE Deutsche Mittelstand Real Estate ate ate Business Overview & Revenue Model
Company Description
DEMIRE Deutsche Mittelstand Real Estate AG engages in the acquisition, management, and leasing of commercial real estate properties for medium-sized companies in Germany. It operates through Core Portfolio and Fair Value REIT segments. The company...
How the Company Makes Money
DMRE primarily makes money by owning and operating commercial real estate and generating recurring income from leasing space to tenants. Its key revenue stream is rental income under commercial lease agreements, typically consisting of base rent a...
DEMIRE Deutsche Mittelstand Real Estate ate ate Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
30
Negative
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 118.16M | 191.93M | 142.53M | 121.89M | 206.64M |
| Gross Profit | 36.11M | 38.88M | 15.74M | 54.15M | 68.62M |
| EBITDA | -24.70M | 2.29M | -140.42M | -4.21M | 106.30M |
| Net Income | -88.50M | -86.48M | -147.19M | -71.50M | 58.50M |
Balance Sheet | |||||
| Total Assets | 849.19M | 951.19M | 1.33B | 1.54B | 1.71B |
| Cash, Cash Equivalents and Short-Term Investments | 54.24M | 57.72M | 117.04M | 53.34M | 139.45M |
| Total Debt | 511.06M | 513.29M | 816.99M | 26.60M | 24.47M |
| Total Liabilities | 629.88M | 709.27M | 994.25M | 1.05B | 1.11B |
| Stockholders Equity | 129.15M | 218.10M | 303.59M | 450.23M | 549.02M |
Cash Flow | |||||
| Free Cash Flow | 1.01M | 34.52M | 27.83M | 15.65M | -27.16M |
| Operating Cash Flow | 11.01M | 34.52M | 40.71M | 48.00M | -2.44M |
| Investing Cash Flow | 35.22M | 88.61M | 65.42M | -26.27M | -238.00K |
| Financing Cash Flow | -36.81M | -198.31M | -43.56M | -103.94M | -26.98M |
DEMIRE Deutsche Mittelstand Real Estate ate ate Technical Analysis
Positive
0.41
Price Trends
0.51
Negative
0.48
Positive
0.55
Negative
Market Momentum
>-0.01
Positive
49.90
Neutral
29.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:DMRE, the sentiment is Positive. The current price of 0.41 is below the 20-day moving average (MA) of 0.51, below the 50-day MA of 0.51, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.90 is Neutral, neither overbought nor oversold. The STOCH value of 29.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:DMRE.
DEMIRE Deutsche Mittelstand Real Estate ate ate Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €114.50M | 6.50 | 15.27% | 4.02% | -10.75% | 199.01% | |
58 Neutral | €2.69B | 4.09 | 7.69% | ― | -1.35% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | €611.21M | 19.78 | ― | 4.33% | 0.23% | ― | |
48 Neutral | €52.76M | -0.48 | -53.51% | ― | -48.02% | -1.65% |
* General Sector Average
DE:DMRE
DEMIRE Deutsche Mittelstand Real Estate ate ate
0.50
-0.21
-29.58%
DE:PAT
Patrizia Immobilien
7.12
0.02
0.23%
DE:AT1
Aroundtown SA
2.46
-0.04
-1.60%
DE:CCAP
Corestate Capital Holding SA
0.23
-0.11
-32.36%
DE:DEF
DEFAMA Deutsche Fachmarkt AG
25.20
-1.22
-4.62%
DE:FC9
FCR Immobilien AG
11.60
-0.75
-6.07%
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.