FCR Immobilien AG (FC9) AI Stock Analysis

• Market Cap: €112.52M
• Dividend Yield: 3.91%
• Average Volume (3M): 686.00
• Price to Earnings (P/E): 5.1
• Beta (1Y): 0.36
• Revenue Growth: -10.75%
• EPS Growth: 199.01%
• Country: DE
• Employees: 48
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 9,870,452
• 10 Day Avg. Volume: 1,395
• 30 Day Avg. Volume: 686
• PEG Ratio: 0.03
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 1.92
• P/FCF Ratio: 5.22
• 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: €13.00
• Price Target Upside: 13.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: €13.00 ▲(13.04% Upside)

The stock's overall score is driven by strong financial performance and attractive valuation. While technical indicators suggest stability, the lack of strong momentum and potential overbought conditions are concerns. High leverage and growth challenges are risks that need addressing.

FCR Immobilien AG Business Overview & Revenue Model

Company Description

FCR Immobilien AG (FC9) is a Germany-based real estate company that specializes in the acquisition, management, and leasing of retail properties throughout Germany. The company focuses on investing in high-yield properties in secondary locations, aiming to increase their value through active asset management. FCR Immobilien AG's portfolio primarily includes shopping centers, retail parks, and individual retail properties, catering to a wide range of tenants from various sectors.

How the Company Makes Money

FCR Immobilien AG generates revenue primarily through the leasing of its retail properties to tenants, which provides a steady stream of rental income. The company focuses on acquiring undervalued or high-potential properties, improving them, and securing long-term lease agreements with tenants to maximize occupancy rates and rental yields. Additionally, FCR Immobilien AG benefits from capital gains by strategically selling properties when market conditions are favorable, thus realizing increased property values. The company may also engage in partnerships with other real estate firms or investors to leverage their expertise and resources, contributing to its revenue growth. Overall, FCR Immobilien AG's earnings are driven by efficient property management, strategic acquisitions, and market-driven sales.

FCR Immobilien AG Financial Statement Overview

Summary

FCR Immobilien AG shows solid profitability with strong gross and net profit margins. However, inconsistent revenue growth and high leverage pose risks. The company benefits from strong cash generation, but growth sustainability is a concern.

Income Statement

The company has demonstrated solid profitability with a strong gross profit margin of approximately 88.3% for 2024 and a net profit margin of around 40.4%, indicating effective cost management. Revenue growth has been inconsistent, with a decline from 2023 to 2024, suggesting potential challenges in sustaining top-line growth. EBIT and EBITDA margins remain healthy, highlighting operational efficiency.

Balance Sheet

The debt-to-equity ratio stands at 1.94, indicating a relatively high leverage that could pose financial risks if not managed properly. The return on equity (ROE) of about 15.1% is commendable, reflecting decent profitability relative to shareholder equity. The equity ratio of approximately 32.3% reveals a moderate reliance on equity financing.

Cash Flow

The company has shown a significant free cash flow, but the free cash flow growth has been negative from 2023 to 2024. The operating cash flow to net income ratio of 0.93 indicates strong cash generation relative to net earnings, whereas the free cash flow to net income ratio of 0.91 suggests efficient conversion of earnings to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.71M	54.06M	56.63M	37.07M	54.08M	40.47M
Gross Profit	40.28M	47.73M	49.67M	29.04M	46.55M	33.84M
EBITDA	33.38M	40.33M	26.19M	18.77M	39.28M	25.11M
Net Income	22.09M	21.84M	8.70M	14.18M	12.15M	9.56M
Balance Sheet
Total Assets	428.97M	448.60M	449.48M	471.79M	402.19M	348.65M
Cash, Cash Equivalents and Short-Term Investments	1.94M	1.67M	6.91M	5.55M	18.71M	8.72M
Total Debt	257.00M	280.68M	301.65M	327.51M	261.53M	235.65M
Total Liabilities	284.22M	303.90M	324.15M	353.03M	294.19M	256.22M
Stockholders Equity	144.74M	144.70M	125.33M	118.76M	108.00M	92.43M
Cash Flow
Free Cash Flow	5.49M	19.84M	23.80M	6.77M	4.56M	1.15M
Operating Cash Flow	5.67M	20.29M	25.15M	9.48M	6.90M	3.02M
Investing Cash Flow	28.93M	4.92M	13.35M	-74.72M	-42.38M	-21.40M
Financing Cash Flow	-36.28M	-30.34M	-37.44M	46.64M	44.71M	7.52M

FCR Immobilien AG Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:FC9, the sentiment is Neutral. The current price of 11.5 is above the 20-day moving average (MA) of 11.30, below the 50-day MA of 11.71, and below the 200-day MA of 11.74, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 51.35 is Neutral, neither overbought nor oversold. The STOCH value of 70.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:FC9.

FCR Immobilien AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FC9	71 Outperform	€112.52M	5.09	16.26%	3.91%	-10.75%	199.01%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DMRE	42 Neutral	€54.87M	―	-46.32%	―	-52.37%	20.66%