TEG Stock Analysis: TAG Immobilien | XETRA
Real Estate - Diversified | XETRA, Germany | Market Cap: 2.512m EUR | 12M Return: -14.3% | DE0008303504 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.84M
Rev. Trend: -80.6%
Warnings
Tailwinds
Seasonality 11.6 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.
TAG Immobilien AG is a German real estate company focused on the development, management, and sale of residential property across Germany, with rental operations forming a core part of its business. The company traces its origins to 1882 and has been headquartered in Hamburg since its founding, adopting its current name in September 2008 after previously operating as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft.
As a residential-focused real estate operator listed on XETRA, TAG generates revenue through two primary streams: recurring rental income from its managed housing portfolio and capital returns from the development and sale of residential assets. The German residential property sector is generally characterized by steady demand underpinned by structural factors such as urbanization trends, a traditionally rental-heavy housing tenure mix, and regulatory frameworks governing rent levels and tenant protections, which shape operating conditions for landlords and portfolio managers.
- ECB rate cuts lift German residential property valuations
- Adler portfolio acquisition adds rental units and FFO
- Rent regulation caps limit organic rental revenue growth
| Net Income: 54.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.68 > 1.0 |
| NWC/Revenue: -71.23% < 20% (prev 0.20%; Δ -71.43% < -1%) |
| CFO/TA 0.02 > 3% & CFO 188.3m > Net Income 54.9m |
| Net Debt (3.68b) to EBITDA (519.8m): 7.08 < 3 |
| Current Ratio: 0.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (212.4m) vs 12m ago 22.76% < -2% |
| Gross Margin: 45.10% > 18% (prev 38.54%; Δ 6.56% > 0.5%) |
| Asset Turnover: 11.32% > 50% (prev 12.44%; Δ -1.12% > 0%) |
| Interest Coverage Ratio: 4.51 > 6 (EBIT TTM 505.4m / Interest Expense TTM 112.1m) |
| A: -0.08 (Total Current Assets 618.0m - Total Current Liabilities 1.31b) / Total Assets 9.03b |
| B: 0.24 (Retained Earnings 2.15b / Total Assets 9.03b) |
| C: 0.06 (EBIT TTM 505.4m / Avg Total Assets 8.64b) |
| D: 0.58 (Book Value of Equity 3.29b / Total Liabilities 5.66b) |
| Altman-Z'' = 1.27 = BB |
| DSRI: 2.28 (Receivables 62.4m/28.8m, Revenue 977.8m/1.03b) |
| GMI: 0.85 (GM 38.54% / 45.10%) |
| AQI: 1.18 (AQ_t 0.92 / AQ_t-1 0.78) |
| SGI: 0.95 (Revenue 977.8m / 1.03b) |
| TATA: -0.01 (NI 54.9m - CFO 188.3m) / TA 9.03b) |
| Beneish M = -2.03 (Cap -4..+1) = BB |
As of September 01, 2026, the stock is trading at EUR 12.65 with a total of 405,280 shares traded. Over the past week, the price has changed by -1.02%, over one month by -8.40%, over three months by -7.80% and over the past year by -14.31%.
Current recommended Stop Loss: 12.20 (which is 3.6% or 1.6 ATR below the current price).
TAG Immobilien has no consensus analysts rating.
P/E Trailing = 73.3333
P/E Forward = 12.5313
P/S = 2.4755
P/B = 0.7545
P/EG = 6.6865
Revenue TTM = 977.8m EUR
EBIT TTM = 505.4m EUR
EBITDA TTM = 519.8m EUR
Long Term Debt = 2.94b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 1.31b EUR (from shortTermDebt, last quarter)
Debt = 4.23b EUR (from shortLongTermDebtTotal, last quarter) + Leases 49.3m
Net Debt = 3.68b EUR (calculated: Debt 4.23b - CCE 555.6m)
Enterprise Value = 6.19b EUR (2.51b + Debt 4.23b - CCE 555.6m)
Interest Coverage Ratio = 4.51 (Ebit TTM 505.4m / Interest Expense TTM 112.1m)
EV/FCF = 35.67x (Enterprise Value 6.19b / FCF TTM 173.5m)
FCF Yield = 2.80% (FCF TTM 173.5m / Enterprise Value 6.19b)
FCF Margin = 17.75% (FCF TTM 173.5m / Revenue TTM 977.8m)
Net Margin = 5.61% (Net Income TTM 54.9m / Revenue TTM 977.8m)
Gross Margin = 45.10% ((Revenue TTM 977.8m - Cost of Revenue TTM 536.8m) / Revenue TTM)
Gross Margin QoQ = 49.37% (prev 45.90%)
Tobins Q-Ratio = 0.69 (Enterprise Value 6.19b / Total Assets 9.03b)
Interest Expense / Debt = 2.65% (Interest Expense 112.1m / Debt 4.23b)
Taxrate = 22.53% (23.1m / 102.7m)
NOPAT = 391.5m (EBIT 505.4m * (1 - 22.53%))
Current Ratio = 0.47 (Total Current Assets 618.0m / Total Current Liabilities 1.31b)
Debt / Equity = 1.29 (Debt 4.23b / totalStockholderEquity, last quarter 3.29b)
Debt / EBITDA = 7.08 (Net Debt 3.68b / EBITDA 519.8m)
Debt / FCF = 21.20 (Net Debt 3.68b / FCF TTM 173.5m)
Total Stockholder Equity = 3.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.64% (Net Income 54.9m / Total Assets 9.03b)
RoE = 1.65% (Net Income TTM 54.9m / Total Stockholder Equity 3.32b)
RoCE = 8.08% (EBIT 505.4m / Capital Employed (Equity 3.32b + L.T.Debt 2.94b))
RoIC = 4.36% (NOPAT 391.5m / Invested Capital 8.98b)
WACC = 3.55% (E(2.51b)/V(6.75b) * Re(6.08%) + D(4.23b)/V(6.75b) * Rd(2.65%) * (1-Tc(0.23)))
Discount Rate = 6.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.43 | Cagr: 8.85%
[DCF] Terminal Value 77.97% ; FCFF base≈145.3m ; Y1≈166.5m ; Y5≈245.1m
[DCF] Fair Price = 0.05 (EV 3.69b - Net Debt 3.68b = Equity 10.1m / Shares 190.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
[DCF] Fair Price = 0.05 (out of range, set to none)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -80.56 | Revenue CAGR: -12.10% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=1.33 | Chg30d=+13.89% | Revisions=+0% | GrowthEPS=+33.5% | GrowthRev=+12.6%
EPS next Year (2027-12-31): EPS=1.25 | Chg30d=-3.89% | Revisions=+0% | GrowthEPS=-6.1% | GrowthRev=+10.3%
[Analyst] Revisions Ratio: +0% (up=1, down=1)