Scout24 (G24) AI Stock Analysis

• Market Cap: €8.90B
• Dividend Yield: 1.08%
• Average Volume (3M): 145.83K
• Price to Earnings (P/E): 54.9
• Beta (1Y): 0.53
• Revenue Growth: 11.24%
• EPS Growth: -8.64%
• Country: DE
• Employees: 1,066
• Sector: Technology
• Sector Strength: 90
• Industry: Real Estate - Services
• EPS (TTM): 0.79
• Shares Outstanding: 75,000,000
• 10 Day Avg. Volume: 124,719
• 30 Day Avg. Volume: 145,827
• PEG Ratio: -7.14
• Price to Book (P/B): 6.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €113.52
• Price Target Upside: -5.71% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 70 Outperform
• Price Target: €132.00 ▲(9.63%Upside)

Scout24's overall stock score is driven primarily by its strong financial performance and positive market trends. However, overbought technical indicators and high valuation levels suggest caution. The absence of earnings call and corporate events data means these factors do not influence the score.

Scout24 Business Overview & Revenue Model

Company Description

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a product to finance real estate; FLOWFACT and Propstack, a CRM software solution for real estate agents; and TenantPlus+ provides rental properties. In addition, BuyerPlus+ for users looking to buy properties; and Vermietet.de: a cloud-based software solution. The company was formerly known as Scout24 AG and changed its name to Scout24 SE in October 2021. Scout24 SE was founded in 1998 and is headquartered in Munich, Germany.

How the Company Makes Money

Scout24 generates revenue through a multi-faceted business model centered around its digital real estate marketplace. The company's primary revenue streams include subscription fees from real estate agents and property managers who list properties on the platform, as well as advertising fees from businesses aiming to reach Scout24's extensive user base. Additionally, Scout24 offers premium listings and added-value services such as market analytics, financing solutions, and customer relationship management tools, which contribute to its income. Strategic partnerships with financial institutions and other service providers further enhance Scout24's offerings, allowing the company to earn commissions or fees on ancillary services like mortgages and insurance products.

Scout24 Financial Statement Overview

Summary

Scout24's financial performance is strong, characterized by significant revenue growth, high gross profit margins, and conservative leverage. While the net profit margin could be improved, the robust cash flow generation and low debt levels present a stable financial outlook. The company is well-positioned to capitalize on growth opportunities in the real estate industry.

Income Statement

Scout24 has demonstrated strong revenue growth with a 15.64% increase from 2023 to 2024, driven by effective strategies in the real estate sector. The gross profit margin improved significantly to 82.42%, indicating efficient cost management. The net profit margin, however, decreased to 27.52%, suggesting increased expenses or other financial charges. Overall, the company exhibits strong profitability with room for improvement in net income efficiency.

Balance Sheet

The balance sheet reflects a solid equity position with an equity ratio of 69.10%, signifying financial stability. The debt-to-equity ratio stands at 0.13, indicating a conservative leverage approach. Return on equity is at 11.31%, showing a moderate return for shareholders. Overall, the balance sheet indicates a stable financial position with low leverage risks.

Cash Flow

Free cash flow showed robust growth of 31.41% from 2023 to 2024, highlighting the company's strong cash generation capabilities. The operating cash flow to net income ratio is 1.59, indicating efficient cash conversion. The free cash flow to net income ratio is 1.43, demonstrating strong cash retention after capital expenditures. Overall, the cash flow statement reveals a healthy cash flow situation with strong free cash flow growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	588.80M	509.11M	447.54M	389.04M	353.82M
Gross Profit	590.11M	263.31M	454.30M	397.30M	357.74M
EBITDA	292.30M	284.43M	215.65M	205.02M	217.32M
Net Income	162.10M	178.78M	123.53M	90.50M	102.43M
Balance Sheet
Total Assets	2.11B	2.02B	1.88B	2.42B	3.52B
Cash, Cash Equivalents and Short-Term Investments	57.12M	48.46M	40.45M	585.40M	1.74B
Total Debt	179.68M	177.36M	161.63M	259.20M	329.17M
Total Liabilities	640.16M	571.88M	532.15M	647.91M	706.58M
Stockholders Equity	1.43B	1.45B	1.35B	1.77B	2.81B
Cash Flow
Free Cash Flow	232.11M	176.66M	132.32M	106.09M	47.09M
Operating Cash Flow	253.88M	200.99M	161.92M	135.28M	83.14M
Investing Cash Flow	-78.27M	-70.55M	411.88M	1.01B	1.24B
Financing Cash Flow	-167.87M	-121.08M	-654.76M	-1.21B	-1.21B

Scout24 Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 120.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:G24, the sentiment is Positive. The current price of 120.4 is above the 20-day moving average (MA) of 118.97, above the 50-day MA of 118.00, and above the 200-day MA of 97.68, indicating a bullish trend. The MACD of 1.28 indicates Negative momentum. The RSI at 55.69 is Neutral, neither overbought nor oversold. The STOCH value of 69.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:G24.

Scout24 Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
G24	70 Outperform	€8.90B	54.91	11.26%	1.08%	11.24%	-8.64%
Sector *	63 Neutral	$34.70B	5.15	-11.38%	1.67%	5.54%	-17.15%
0QC9	―	€5.36B	21.11	3.32%	3.86%	―	―
0FJC	―	€685.04M	51.35	1.19%	4.39%	―	―
0JK4	―	€2.52B	23.44	3.56%	2.78%	―	―
GYC	74 Outperform	€1.87B	8.50	6.27%	―	-1.22%	―
AT1	70 Outperform	€3.47B	15.16	2.91%	―	-3.28%	―