(G24) Scout24 - Overview
Sector: Communication Services | Industry: Internet Content & Information | Exchange: XETRA (Germany) | Market Cap: 5.109m EUR | Total Return: -38.6% in 12m
Avg Turnover: 24.7M
EPS Trend: 88.4%
Qual. Beats: 0
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
Scout24 SE operates ImmoScout24, Germany’s leading digital real estate marketplace, connecting residential and commercial property professionals with consumers. The company utilizes a diversified revenue model encompassing pay-per-ad listings, subscription-based CRM software, and lead generation for mortgage and brokerage services. Its ecosystem includes specialized brands such as FLOWFACT and SPRENGNETTER, providing automated valuation models, energy performance certificates, and property management software.
The business model leverages high network effects, where a dominant volume of listings attracts the largest audience of seekers, creating a barrier to entry for competitors. Digital classifieds in the real estate sector typically benefit from high EBITDA margins due to the scalability of software-as-a-service (SaaS) platforms and low marginal costs per additional listing. Beyond simple classifieds, Scout24 has integrated vertically by offering transaction-related documents and market analysis tools to embed its services deeper into the real estate value chain.
Investors can find further data-driven insights on these business segments at ValueRay. Scout24 continues to expand its digital footprint through its Private and Professional segments, focusing on the digitization of rental management and professional appraisals to drive growth in the German and international markets.
- Agent subscription price increases drive recurring revenue growth despite market volatility
- German housing supply shortage sustains high demand for digital listing platform services
- Mortgage interest rate fluctuations impact lead generation volume for financing and valuation segments
- Regulatory changes in German rental laws influence private landlord subscription and software adoption
| Net Income: 325.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 1.42 > 1.0 |
| NWC/Revenue: -52.49% < 20% (prev -23.43%; Δ -29.06% < -1%) |
| CFO/TA 0.13 > 3% & CFO 281.3m > Net Income 325.2m |
| Net Debt (18.2m) to EBITDA (387.8m): 0.05 < 3 |
| Current Ratio: 0.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (70.6m) vs 12m ago -2.74% < -2% |
| Gross Margin: 55.94% > 18% (prev 0.80%; Δ 5.51k% > 0.5%) |
| Asset Turnover: 34.27% > 50% (prev 29.44%; Δ 4.84% > 0%) |
| Interest Coverage Ratio: 45.85 > 6 (EBITDA TTM 387.8m / Interest Expense TTM 7.39m) |
| A: -0.17 (Total Current Assets 109.5m - Total Current Liabilities 495.7m) / Total Assets 2.22b |
| B: 0.66 (Retained Earnings 1.47b / Total Assets 2.22b) |
| C: 0.16 (EBIT TTM 339.1m / Avg Total Assets 2.15b) |
| D: 1.99 (Book Value of Equity 1.55b / Total Liabilities 775.2m) |
| Altman-Z'' = 4.17 = AA |
| DSRI: 0.90 (Receivables 54.1m/50.0m, Revenue 735.8m/610.1m) |
| GMI: 1.44 (GM 55.94% / 80.33%) |
| AQI: 1.02 (AQ_t 0.93 / AQ_t-1 0.92) |
| SGI: 1.21 (Revenue 735.8m / 610.1m) |
| TATA: 0.02 (NI 325.2m - CFO 281.3m) / TA 2.22b) |
| Beneish M = -2.54 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at EUR 72.25 with a total of 692,047 shares traded.
Over the past week, the price has changed by +0.00%,
over one month by +0.35%,
over three months by +0.00% and
over the past year by -38.56%.
Scout24 has no consensus analysts rating.
P/E Trailing = 20.0139
P/E Forward = 19.3798
P/S = 7.3819
P/B = 3.5531
Revenue TTM = 735.8m EUR
EBIT TTM = 339.1m EUR
EBITDA TTM = 387.8m EUR
Long Term Debt = 155k EUR (from longTermDebt, last fiscal year)
Short Term Debt = 10.1m EUR (from shortTermDebt, last quarter)
Debt = 41.7m EUR (from shortLongTermDebtTotal, last quarter) (leases 41.7m already included)
Net Debt = 18.2m EUR (calculated: Debt 41.7m - CCE 23.5m)
Enterprise Value = 5.13b EUR (5.11b + Debt 41.7m - CCE 23.5m)
Interest Coverage Ratio = 45.85 (Ebit TTM 339.1m / Interest Expense TTM 7.39m)
EV/FCF = 18.29x (Enterprise Value 5.13b / FCF TTM 280.3m)
FCF Yield = 5.47% (FCF TTM 280.3m / Enterprise Value 5.13b)
FCF Margin = 38.09% (FCF TTM 280.3m / Revenue TTM 735.8m)
Net Margin = 44.19% (Net Income TTM 325.2m / Revenue TTM 735.8m)
Gross Margin = 55.94% ((Revenue TTM 735.8m - Cost of Revenue TTM 324.2m) / Revenue TTM)
Gross Margin QoQ = 91.93% (prev none%)
Tobins Q-Ratio = 2.31 (Enterprise Value 5.13b / Total Assets 2.22b)
Interest Expense / Debt = 17.73% (Interest Expense 7.39m / Debt 41.7m)
Taxrate = 30.10% (29.5m / 98.0m)
NOPAT = 237.0m (EBIT 339.1m * (1 - 30.10%))
Current Ratio = 0.22 (Total Current Assets 109.5m / Total Current Liabilities 495.7m)
Debt / Equity = 0.03 (Debt 41.7m / totalStockholderEquity, last quarter 1.45b)
Debt / EBITDA = 0.05 (Net Debt 18.2m / EBITDA 387.8m)
Debt / FCF = 0.06 (Net Debt 18.2m / FCF TTM 280.3m)
Total Stockholder Equity = 1.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.15% (Net Income 325.2m / Total Assets 2.22b)
RoE = 22.70% (Net Income TTM 325.2m / Total Stockholder Equity 1.43b)
RoCE = 23.66% (EBIT 339.1m / Capital Employed (Equity 1.43b + L.T.Debt 155k))
RoIC = 13.84% (NOPAT 237.0m / Invested Capital 1.71b)
WACC = 6.99% (E(5.11b)/V(5.15b) * Re(6.95%) + D(41.7m)/V(5.15b) * Rd(17.73%) * (1-Tc(0.30)))
Discount Rate = 6.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -2.36%
[DCF] Terminal Value 77.97% ; FCFF base≈261.0m ; Y1≈299.2m ; Y5≈440.4m
[DCF] Fair Price = 93.45 (EV 6.63b - Net Debt 18.2m = Equity 6.61b / Shares 70.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.41 | EPS CAGR: 23.57% | SUE: 0.19 | # QB: 0
Revenue Correlation: 96.79 | Revenue CAGR: 15.34% | SUE: 0.20 | # QB: 0
EPS current Year (2026-12-31): EPS=4.02 | Chg30d=+0.92% | Revisions=+33% | GrowthEPS=+15.9% | GrowthRev=+17.3%
EPS next Year (2027-12-31): EPS=4.70 | Chg30d=+2.14% | Revisions=+43% | GrowthEPS=+16.9% | GrowthRev=+10.8%
[Analyst] Revisions Ratio: +43%