
Benchmarks	-	Full Ticker
STINAG Stuttgart Invest AG	-	DB:STG
LEG Immobilien SE	-	DB:LEG
TLG Immobilien AG	-	HMSE:TLG
AGROB Immobilien AG	-	DB:AGR
Vonovia SE	-	DB:VNA
Sedlmayr Grund und Immobilien AG	-	DB:SPB
-	-	-

Multiples Valuation: Price / EPS

股價

1,250.00 EUR

公允價值

1,561.77 EUR

看漲

24.9%

Price / LTM EPS Multiple

Price / Fwd EPS Multiple

Fair Value

Benchmark Editor


Select Price / LTM EPS Ratio

	Benchmark Companies
	STG	LEG	TLG	AGR	VNA	SPB
	DB:STG	DB:LEG	HMSE:TLG	DB:AGR	DB:VNA	DB:SPB
Historical Net Income Growth
5Y CAGR	-6.0%	-39.5%	-40.9%	-64.5%	NM-	-1.7%
3Y CAGR	5.0%	-66.3%	-48.0%	-82.5%	NM-	-8.9%
Latest Twelve Months	5.7%	195.8%	107.3%	135.7%	185.1%	144.8%

Historical Net Income Profit Margin
5 Year Average Margin	20.1%	44.6%	306.7%	7.7%	-2.9%	23.2%
Prior Fiscal Year	22.4%	-114.5%	995.5%	1.0%	-101.9%	10.0%
Latest Fiscal Year	18.3%	4.2%	30.0%	0.1%	-13.1%	25.0%
Latest Twelve Months	22.1%	35.1%	30.0%	6.5%	4.1%	24.2%

Current Trading Multiples
EV / LTM EBITDA	20.4x	19.0x	29.7x	36.9x	33.6x	23.0x
Price / LTM Sales	6.9x	2.8x	11.1x	10.3x	2.9x	6.6x
LTM P/E Ratio	31.5x	8.0x	37.2x	158.6x	8.1x	27.2x


	Low	Mid	High

Benchmark LTM P/E Ratio	8.0x	31.5x	158.6x
Historical LTM P/E Ratio	33.4x	58.9x	133.9x

Selected P/E Multiple	33.1x	34.9x	36.6x
(x) LTM Net Income	34	34	34
(=) Equity Value	1,116	1,175	1,234
(/) Shares Outstanding	0.7	0.7	0.7
Implied Value Range	1,520.46	1,600.48	1,680.51
FX Rate: EUR/EUR	1.0	1.0	1.0		Market Price
Implied Value Range (Trading Cur)	1,520.46	1,600.48	1,680.51		1,250.00
Upside / (Downside)	21.6%	28.0%	34.4%

支援算式

Equity Waterfall

Financials

Historical Multiples


Equity Value

	Benchmark Companies
(in millions)	STG	LEG	TLG	AGR	VNA	SPB

Value of Common Equity	199	4,840	1,527	150	21,683	918
(/) Shares Outstanding	14.9	75.6	106.8	3.9	840.8	0.7
Implied Stock Price	13.40	64.05	14.30	38.40	25.79	1,250.00
FX Conversion Rate to Trading Currency	1.00	1.00	1.00	1.00	1.00	1.00
Implied Stock Price (Trading Cur)	13.40	64.05	14.30	38.40	25.79	1,250.00

Trading Currency	EUR	EUR	EUR	EUR	EUR	EUR
FX Rate to Reporting Currency	1.00	1.00	1.00	1.00	1.00	1.00

載入錯誤

Sedlmayr Grund und Immobilien KgaA