G24 Stock Analysis: Scout24 | XETRA
Internet Content & Information | XETRA, Germany | Market Cap: 5.630m EUR | 12M Return: -26.4% | DE000A12DM80 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 25.5M
EPS Trend: 89.2%
Qual. Beats: 0
Rev. Trend: 94.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Scout24 SE, headquartered in Berlin and founded in 1998, is a leading German digital marketplace operator primarily known for its ImmoScout24 platform, which connects residential and commercial real estate seekers with agents, landlords, and financing providers. The company reports through two main segments-Professional (serving real estate agents, appraisers, and financial intermediaries) and Private (serving consumers, homeowners, and landlords)-and generates revenue mainly from subscription memberships and per-listing fees, supplemented by lead-generation products such as the Realtor Lead Engine and Mortgage Lead Engine.
Beyond its core marketplace, Scout24 has expanded into a broader proptech ecosystem through multiple acquisitions, offering CRM and workflow software (FLOWFACT, Propstack), valuation and appraisal tools (SPRENGNETTER, bulwiengesa), rental management platforms (Vermietet.de), and ESG-related services such as energy performance certificates (ENERGIE AUSWEIS 48). This vertical integration strategy allows the company to capture value across the real estate transaction lifecycle, from listing and search to financing, valuation, and post-sale property management.
As a German mid-cap in the GICS Real Estate Operating Companies sub-industry, Scout24 benefits from the structural fragmentation of the German property market, where a large number of independent agents and private landlords create sustained demand for digital intermediation, software, and lead-generation tools.
- German housing transactions decline on elevated mortgage rates
- Professional segment subscriber growth drives recurring core revenue
- Bolt-on M&A expands valuation and PropTech software footprint
| Net Income: 282.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 1.31 > 1.0 |
| NWC/Revenue: -55.00% < 20% (prev -48.09%; Δ -6.91% < -1%) |
| CFO/TA 0.13 > 3% & CFO 281.3m > Net Income 282.7m |
| Net Debt (437.3m) to EBITDA (408.7m): 1.07 < 3 |
| Current Ratio: 0.23 > 1.5 & < 3 |
| Outstanding Shares: last quarter (70.1m) vs 12m ago -3.07% < -2% |
| Gross Margin: 57.32% > 18% (prev 87.04%; Δ -29.72% > 0.5%) |
| Asset Turnover: 32.54% > 50% (prev 30.33%; Δ 2.20% > 0%) |
| Interest Coverage Ratio: 78.57 > 6 (EBIT TTM 346.9m / Interest Expense TTM 4.42m) |
| A: -0.17 (Total Current Assets 114.6m - Total Current Liabilities 498.8m) / Total Assets 2.23b |
| B: 0.52 (Retained Earnings 1.16b / Total Assets 2.23b) |
| C: 0.16 (EBIT TTM 346.9m / Avg Total Assets 2.15b) |
| D: 1.07 (Book Value of Equity 1.15b / Total Liabilities 1.08b) |
| Altman-Z'' = 2.77 = A |
| DSRI: 1.10 (Receivables 57.3m/46.8m, Revenue 698.6m/625.7m) |
| GMI: 1.52 (GM 87.04% / 57.32%) |
| AQI: 1.00 (AQ_t 0.93 / AQ_t-1 0.93) |
| SGI: 1.12 (Revenue 698.6m / 625.7m) |
| TATA: 0.00 (NI 282.7m - CFO 281.3m) / TA 2.23b) |
| Beneish M = -2.39 (Cap -4..+1) = BBB |
As of August 29, 2026, the stock is trading at EUR 80.45 with a total of 401,343 shares traded. Over the past week, the price has changed by +3.87%, over one month by +6.98%, over three months by +17.70% and over the past year by -26.43%.
Current recommended Stop Loss: 76.70 (which is 4.7% or 1.4 ATR below the current price).
Scout24 has no consensus analysts rating.
P/E Trailing = 20.3652
P/E Forward = 20.202
P/S = 8.0022
P/B = 4.9093
Revenue TTM = 698.6m EUR
EBIT TTM = 346.9m EUR
EBITDA TTM = 408.7m EUR
Long Term Debt = 300.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 108.4m EUR (from shortTermDebt, last quarter)
Debt = 473.7m EUR (from shortLongTermDebtTotal, last quarter) + Leases 37.6m
Net Debt = 437.3m EUR (calculated: Debt 473.7m - CCE 36.5m)
Enterprise Value = 6.07b EUR (5.63b + Debt 473.7m - CCE 36.5m)
Interest Coverage Ratio = 78.57 (Ebit TTM 346.9m / Interest Expense TTM 4.42m)
EV/FCF = 21.65x (Enterprise Value 6.07b / FCF TTM 280.3m)
FCF Yield = 4.62% (FCF TTM 280.3m / Enterprise Value 6.07b)
FCF Margin = 40.12% (FCF TTM 280.3m / Revenue TTM 698.6m)
Net Margin = 40.47% (Net Income TTM 282.7m / Revenue TTM 698.6m)
Gross Margin = 57.32% ((Revenue TTM 698.6m - Cost of Revenue TTM 298.1m) / Revenue TTM)
Gross Margin QoQ = none% (prev 91.93%)
Tobins Q-Ratio = 2.72 (Enterprise Value 6.07b / Total Assets 2.23b)
Interest Expense / Debt = 0.93% (Interest Expense 4.42m / Debt 473.7m)
Taxrate = 16.97% (57.8m / 340.4m)
NOPAT = 288.0m (EBIT 346.9m * (1 - 16.97%))
Current Ratio = 0.23 (Total Current Assets 114.6m / Total Current Liabilities 498.8m)
Debt / Equity = 0.41 (Debt 473.7m / totalStockholderEquity, last quarter 1.15b)
Debt / EBITDA = 1.07 (Net Debt 437.3m / EBITDA 408.7m)
Debt / FCF = 1.56 (Net Debt 437.3m / FCF TTM 280.3m)
Total Stockholder Equity = 1.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.17% (Net Income 282.7m / Total Assets 2.23b)
RoE = 20.55% (Net Income TTM 282.7m / Total Stockholder Equity 1.38b)
RoCE = 20.70% (EBIT 346.9m / Capital Employed (Equity 1.38b + L.T.Debt 300.0m))
RoIC = 15.95% (NOPAT 288.0m / Invested Capital 1.81b)
WACC = 6.20% (E(5.63b)/V(6.10b) * Re(6.66%) + D(473.7m)/V(6.10b) * Rd(0.93%) * (1-Tc(0.17)))
Discount Rate = 6.66% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -92.33 | Cagr: -1.78%
[DCF] Terminal Value 77.97% ; FCFF base≈261.0m ; Y1≈299.2m ; Y5≈440.4m
[DCF] Fair Price = 88.88 (EV 6.63b - Net Debt 437.3m = Equity 6.19b / Shares 69.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 89.22 | EPS CAGR: 26.05% | SUE: 0.14 | # QB: 0
Revenue Correlation: 94.80 | Revenue CAGR: 11.74% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.07 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=4.07 | Chg30d=+0.61% | Revisions=-8% | GrowthEPS=+17.3% | GrowthRev=+17.6%
EPS next Year (2027-12-31): EPS=4.76 | Chg30d=-0.52% | Revisions=-18% | GrowthEPS=+17.0% | GrowthRev=+11.1%
[Analyst] Revisions Ratio: -15% (up=7, down=10)