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DIC Asset AG (DIC.DE)
Key financial summary
Financials in EUR| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | €m | 186 | 203 | 233 | 301 | 272 | 252 | 220 |
| Operating profit | €m | -298 | -354 | |||||
| Net profit | €m | 81 | 70 | 58 | 31 | -66 | -281 | -289 |
| EPS reported | € | -3.36 | -3.46 | |||||
| Operating cashflow per share | € | 0.66 | 0.30 | |||||
| Capex per share | € | 0.00 | 0.14 | |||||
| FCF per share | € | 0.66 | 0.30 | |||||
| Free cash flow | €m | 55 | 37 | |||||
| Net debt | €m | 2,103 | 1,742 | |||||
| Book value equity | €m | 753 | 613 | |||||
| Book value per share | € | 9.01 | 7.35 | |||||
| Number of shares | m | 83.57 | 83.41 | |||||
| DPS (TTM paid) | € | 0.00 | 0.00 |
Financial summary
Financials in EUR| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.17 | 0.54 | |||||
| P/S LTM | x | 0.50 | 1.49 | |||||
| P/FCF LTM | x | 2.29 | 8.97 | |||||
| EV/EBITDA LTM | x | 13.62 | 14.39 | |||||
| EV/Sales LTM | x | 8.96 | 9.40 | |||||
| Earnings Yield LTM | % | -224.26% | -41.53% | |||||
| FCF Yield | % | 43.75% | 11.15% | |||||
| Quality | ||||||||
| ROE | % | -37.35% | -19.72% | |||||
| ROIC | % | -7.72% | -4.41% | |||||
| Operating margin | % | -118.42% | -90.19% | |||||
| Gross margin | % | 78.84% | 79.27% | |||||
| FCF/Sales | % | 21.80% | 15.91% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -7.49% | -15.86% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | -43.41% | -50.67% | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.02 | 0.02 | |||||
| Net Debt/EBITDA | x | 12.86 | 17.49 | |||||
| EBIT/Net interest | x | -2.42 | -2.54 | |||||
| Net debt/market cap | % | 1677.7% | 529.64% | |||||
| Net debt/Equity | x | 2.79 | 2.84 | |||||
| Gross debt/equity | x | 3.05 | 3.00 | |||||
Company overview
As a prominent publicly traded German firm, DIC Asset AG specializes in commercial property ventures. Drawing on nearly two decades of expertise within the German property sector, the company boasts a nationwide presence across key markets, supported by a network of six regional offices. Its extensive portfolio comprises 169 assets, collectively valued at approximately EUR 5.6 billion. DIC operates with a dual-pronged business model, encompassing its Commercial Portfolio, Funds, and Other Investments segments. By employing a proactive asset management strategy, DIC leverages its unique, integrated real estate platform to enhance the value of its holdings and drive revenue growth across all operational areas. The Commercial Portfolio division, overseeing assets worth EUR 1.7 billion, sees DIC acting as both owner and custodian of properties. This segment generates income from ongoing asset administration and by optimizing the intrinsic value of its proprietary real estate holdings. Within the Funds division, which manages EUR 1.6 billion in assets, revenue streams are derived from the creation and stewardship of specialized real estate funds tailored for institutional clientele. The "Other Investments" unit, with EUR 2.3 billion under management, encompasses a diverse range of activities. These include strategic financial placements, third-party property management where DIC has no direct ownership, equity participation in property development projects, and various joint venture partnerships. Since June 2006, DIC Asset AG shares have been listed on the SDAX(R) segment of the Frankfurt Stock Exchange. Furthermore, the company's stock is featured in the EPRA index, a key benchmark for leading European real estate enterprises.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
DIC Asset AG (DIC.DE)
As a prominent publicly traded German firm, DIC Asset AG specializes in commercial property ventures. Drawing on nearly two decades of expertise within the German property sector, the company boasts a nationwide presence across key markets, supported by a network of six regional offices. Its extensive portfolio comprises 169 assets, collectively valued at approximately EUR 5.6 billion. DIC operates with a dual-pronged business model, encompassing its Commercial Portfolio, Funds, and Other Investments segments. By employing a proactive asset management strategy, DIC leverages its unique, integrated real estate platform to enhance the value of its holdings and drive revenue growth across all operational areas. The Commercial Portfolio division, overseeing assets worth EUR 1.7 billion, sees DIC acting as both owner and custodian of properties. This segment generates income from ongoing asset administration and by optimizing the intrinsic value of its proprietary real estate holdings. Within the Funds division, which manages EUR 1.6 billion in assets, revenue streams are derived from the creation and stewardship of specialized real estate funds tailored for institutional clientele. The "Other Investments" unit, with EUR 2.3 billion under management, encompasses a diverse range of activities. These include strategic financial placements, third-party property management where DIC has no direct ownership, equity participation in property development projects, and various joint venture partnerships. Since June 2006, DIC Asset AG shares have been listed on the SDAX(R) segment of the Frankfurt Stock Exchange. Furthermore, the company's stock is featured in the EPRA index, a key benchmark for leading European real estate enterprises.
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