G24 Stock Analysis: Scout24 | XETRA

Internet Content & Information | XETRA, Germany | Market Cap: 5.208m EUR | 12M Return: -38% | Charts, Fundamentals & Technical Analysis

Real Estate Marketplace, Lead Generation, CRM Software, Property Management
Total Rating 37
Safety 46
Buy Signal -0.81
Internet Content & Information
Industry Rotation: +15.4
Market Cap: 5.94B
Avg Turnover: 22.9M
Risk 3d forecast
Volatility25.0%
VaR 5th Pctl4.38%
VaR vs Median6.24%
Reward TTM
Sharpe Ratio-1.57
Rel. Str. IBD15.9
Rel. Str. Peer Group45.2
Character TTM
Beta0.256
Beta Downside0.236
Hurst Exponent0.518
Drawdowns 3y
Max DD48.20%
CAGR/Max DD0.18
CAGR/Mean DD0.77
EPS (Earnings per Share) EPS (Earnings per Share) of G24 over the last years for every Quarter: "2021-06": 0.3, "2021-09": 0.31, "2021-12": 0.355, "2022-03": 0.16, "2022-06": 0.46, "2022-09": 0.51, "2022-12": 0.51, "2023-03": 0.5, "2023-06": 0.68, "2023-09": 0.67, "2023-12": 0.64, "2024-03": 0.54, "2024-06": 0.47, "2024-09": 0.69, "2024-12": 0.78, "2025-03": 0.79, "2025-06": 0.87, "2025-09": 1.41, "2025-12": 0.92, "2026-03": null,
EPS CAGR: 23.57%
EPS Trend: 88.4%
Last SUE: 0.19
Qual. Beats: 0
Revenue Revenue of G24 over the last years for every Quarter: 2021-06: 95.911, 2021-09: 104.7, 2021-12: 199.366, 2022-03: 115.167, 2022-06: 109.692, 2022-09: 122, 2022-12: 122.141, 2023-03: 128.1, 2023-06: 121.964, 2023-09: 138.1, 2023-12: 137.776, 2024-03: 118.963, 2024-06: 144.977, 2024-09: 149.5, 2024-12: 152.9, 2025-03: 162.7, 2025-06: 160.595, 2025-09: 96.305, 2025-12: 229.961, 2026-03: 179.6,
Rev. CAGR: 10.91%
Rev. Trend: 94.6%
Last SUE: 0.06
Qual. Beats: 0

Warnings

Choppy
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +0.5% 13
Feb -2.6% 45
Mar +0.0% 2
Apr +3.5% 41
May +2.1% 2
Jun -0.4% 2
Jul +1.1% 22
Aug +0.9% 20
Sep -5.0% 37
Oct -0.9% 20
Nov +0.1% 8
Dec -2.1% 13

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.

Description: G24 Scout24

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.

Headlines to Watch Out For
  • 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
Piotroski VR-10 (Strict) 7.0
Net Income: 258.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.13 > 0.02 and ΔFCF/TA 1.41 > 1.0
NWC/Revenue: -57.95% < 20% (prev -16.74%; Δ -41.21% < -1%)
CFO/TA 0.13 > 3% & CFO 281.3m > Net Income 258.5m
Net Debt (15.2m) to EBITDA (375.1m): 0.04 < 3
Current Ratio: 0.22 > 1.5 & < 3
Outstanding Shares: last quarter (70.6m) vs 12m ago -2.55% < -2%
Gross Margin: 55.39% > 18% (prev 80.33%; Δ -24.94% > 0.5%)
Asset Turnover: 31.07% > 50% (prev 29.48%; Δ 1.59% > 0%)
Interest Coverage Ratio: 71.50 > 6 (EBIT TTM 315.7m / Interest Expense TTM 4.42m)
Altman Z'' 3.96
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: 0.15 (EBIT TTM 315.7m / Avg Total Assets 2.15b)
D: 1.86 (Book Value of Equity 1.45b / Total Liabilities 775.2m)
Altman-Z'' = 3.96 = AA
What is the price of G24 shares?

As of July 15, 2026, the stock is trading at EUR 74.05 with a total of 286,577 shares traded. Over the past week, the price has changed by +0.41%, over one month by -1.74%, over three months by +15.72% and over the past year by -38.01%.

Current recommended Stop Loss: 70.30 (which is 5.1% or 1.6 ATR below the current price).

Is G24 a buy, sell or hold?

Scout24 has no consensus analysts rating.

Scout24 (G24) - Fundamental Data Overview as of 14 July 2026
Market Cap USD = 5.94b (5.21b EUR * 1.14 EUR.USD)
P/E Trailing = 20.4017
P/E Forward = 17.452
P/S = 7.5249
P/B = 3.5949
Revenue TTM = 666.5m EUR
EBIT TTM = 315.7m EUR
EBITDA TTM = 375.1m EUR
Long Term Debt = 155k EUR (from longTermDebt, last fiscal year)
Short Term Debt = 332.6m EUR (from shortTermDebt, last quarter)
Debt = 41.7m EUR (from shortLongTermDebtTotal, last quarter) (leases 41.7m already included)
Net Debt = 15.2m EUR (calculated: Debt 41.7m - CCE 26.5m)
Enterprise Value = 5.22b EUR (5.21b + Debt 41.7m - CCE 26.5m)
Interest Coverage Ratio = 71.50 (Ebit TTM 315.7m / Interest Expense TTM 4.42m)
EV/FCF = 18.64x (Enterprise Value 5.22b / FCF TTM 280.3m)
FCF Yield = 5.37% (FCF TTM 280.3m / Enterprise Value 5.22b)
FCF Margin = 42.06% (FCF TTM 280.3m / Revenue TTM 666.5m)
Net Margin = 38.79% (Net Income TTM 258.5m / Revenue TTM 666.5m)
Gross Margin = 55.39% ((Revenue TTM 666.5m - Cost of Revenue TTM 297.3m) / Revenue TTM)
Gross Margin QoQ = 91.93% (prev none%)
Tobins Q-Ratio = 2.35 (Enterprise Value 5.22b / Total Assets 2.22b)
Interest Expense / Debt = 10.59% (Interest Expense 4.42m / Debt 41.7m)
Taxrate = 15.67% (48.0m / 306.6m)
NOPAT = 266.2m (EBIT 315.7m * (1 - 15.67%))
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 = 0.04 (Net Debt 15.2m / EBITDA 375.1m)
Debt / FCF = 0.05 (Net Debt 15.2m / FCF TTM 280.3m)
Total Stockholder Equity = 1.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.05% (Net Income 258.5m / Total Assets 2.22b)
RoE = 18.22% (Net Income TTM 258.5m / Total Stockholder Equity 1.42b)
RoCE = 22.25% (EBIT 315.7m / Capital Employed (Equity 1.42b + L.T.Debt 155k))
RoIC = 13.11% (NOPAT 266.2m / Invested Capital 2.03b)
WACC = 6.90% (E(5.21b)/V(5.25b) * Re(6.88%) + D(41.7m)/V(5.25b) * Rd(10.59%) * (1-Tc(0.16)))
Discount Rate = 6.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.54 | Cagr: -1.88%
[DCF] Terminal Value 77.97% ; FCFF base≈261.0m ; Y1≈299.2m ; Y5≈440.4m
[DCF] Fair Price = 93.49 (EV 6.63b - Net Debt 15.2m = 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: 94.57 | Revenue CAGR: 10.91% | SUE: 0.06 | # QB: 0
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-06-30): EPS=0.99 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=4.05 | Chg30d=+0.23% | Revisions=+50% | GrowthEPS=+16.6% | GrowthRev=+17.4%
EPS next Year (2027-12-31): EPS=4.79 | Chg30d=+0.49% | Revisions=+62% | GrowthEPS=+18.3% | GrowthRev=+11.1%
[Analyst] Revisions Ratio: +73% (up=8, down=0)