G24 Stock Analysis: Scout24 | XETRA
Internet Content & Information | XETRA, Germany | Market Cap: 5.045m EUR | 12M Return: -27.5% | DE000A12DM80 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.3M
EPS Trend: 89.2%
Qual. Beats: 0
Rev. Trend: 94.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11 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 is a Berlin-based digital marketplace operator best known for its flagship platform ImmoScout24, which connects residential and commercial real estate agents, appraisers, financing intermediaries, banks, and private users in Germany and select international markets. The company reports under two segments: Professional (solutions aimed at agents, brokers, and related B2B customers) and Private (consumer-facing subscription and support services).
Its offering spans both a marketplace and an adjacent software-as-a-service portfolio. Marketplace monetisation products include Pay-per-Listing and the Realtor and Mortgage Lead Engines, while its Professional software suite covers CRM (e.g., FLOWFACT, Propstack), property valuations (SPRENGNETTER, automated valuation models via APIs), document handling, and ESG/energy performance certificates. For private users, the company bundles auxiliary services such as market analysis, legal protection, document storage, and landlord tools (e.g., Vermietet.de, LettingPlus) under tiers such as SearchPlus and LivingPlus.
The German online real-estate classifieds sector is structurally a duopoly, with ImmoScout24 competing primarily against Immonet (part of the Axel Springer group), giving the platform a near-national reach. Within the GICS framework, Scout24 is classified under the Real Estate sector and the Real Estate Operating Companies sub-industry, reflecting that its revenue model is based on platform, subscription, and software fees rather than direct property ownership. The company was founded in 1998 and adopted its current legal form (SE) in October 2021.
- German housing transaction volumes recover as interest rates normalize
- Professional segment ARPU growth drives core marketplace revenue
- Mortgage Lead Engine demand rises with refinancing activity
| 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 (392.5m): 1.11 < 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 October 13, 2026, the stock is trading at EUR 73.35 with a total of 201,348 shares traded. Over the past week, the price has changed by +8.19%, over one month by -1.48%, over three months by -0.95% and over the past year by -27.52%.
Current recommended Stop Loss: 70.30 (which is 4.2% or 1.4 ATR below the current price).
Scout24 has no consensus analysts rating.
P/E Trailing = 14.2338
P/E Forward = 14.9701
P/S = 7.1708
P/B = 4.2779
Revenue TTM = 698.6m EUR
EBIT TTM = 346.9m EUR
EBITDA TTM = 392.5m 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 = 5.48b EUR (5.05b + Debt 473.7m - CCE 36.5m)
Interest Coverage Ratio = 78.57 (Ebit TTM 346.9m / Interest Expense TTM 4.42m)
EV/FCF = 19.56x (Enterprise Value 5.48b / FCF TTM 280.3m)
FCF Yield = 5.11% (FCF TTM 280.3m / Enterprise Value 5.48b)
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 = 2.46 (Enterprise Value 5.48b / 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 = 1.11 (Net Debt 437.3m / EBITDA 392.5m)
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 = 6.03% (E(5.05b)/V(5.52b) * Re(6.52%) + D(473.7m)/V(5.52b) * Rd(0.93%) * (1-Tc(0.17)))
Discount Rate = 6.52% (= 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=-0.05% | Revisions=+50% | GrowthEPS=+17.2% | GrowthRev=+17.6%
EPS next Year (2027-12-31): EPS=4.82 | Chg30d=+0.11% | Revisions=+57% | GrowthEPS=+18.6% | GrowthRev=+11.2%
[Analyst] Revisions Ratio: +70% (up=7, down=0)