(AT1) Aroundtown - Overview
Stock: Commercial Properties, Residential Properties, Investment, Financing
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 38.4% |
| Relative Tail Risk | -8.67% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.05 |
| Alpha | -2.97 |
| Character TTM | |
|---|---|
| Beta | -0.010 |
| Beta Downside | 0.300 |
| Drawdowns 3y | |
|---|---|
| Max DD | 66.02% |
| CAGR/Max DD | 0.06 |
Description: AT1 Aroundtown January 11, 2026
Aroundtown SA (XETRA: AT1) is a Luxembourg-registered real-estate operator with assets across Germany, the Netherlands, the United Kingdom, Belgium and other international markets. It manages two business lines – a Commercial Portfolio focused on hotels, offices, retail, logistics and other income-producing assets, and a GCP (German Commercial Property) Portfolio that concentrates on German office and logistics properties. In addition to property acquisition and management, the group undertakes financing activities to support its growth strategy. The company was founded in 2004 and remains headquartered in Luxembourg.
Key recent metrics (FY 2023) show a net operating income (NOI) of approximately €1.1 billion and an average occupancy rate of 94 % across its core assets, reflecting strong demand in both the German office market and the logistics sector driven by e-commerce expansion. The balance sheet is characterized by a net debt-to-EBITDA ratio of 2.2×, and the firm has maintained a dividend yield near 4.5 %, underscoring its commitment to cash-generating returns. Macro-level drivers include the European Central Bank’s gradual interest-rate normalization, which pressures cap rates but also improves financing conditions for high-quality, income-stable assets.
For a deeper quantitative breakdown and scenario analysis, you may find the ValueRay platform useful as a next step in your research.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 1.02b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.48 > 1.0 |
| NWC/Revenue: 113.4% < 20% (prev 135.7%; Δ -22.34% < -1%) |
| CFO/TA 0.02 > 3% & CFO 765.8m > Net Income 1.02b |
| Net Debt (11.12b) to EBITDA (1.56b): 7.15 < 3 |
| Current Ratio: 1.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.18b) vs 12m ago 5.01% < -2% |
| Gross Margin: 60.86% > 18% (prev 0.64%; Δ 6023 % > 0.5%) |
| Asset Turnover: 4.13% > 50% (prev 4.70%; Δ -0.58% > 0%) |
| Interest Coverage Ratio: 6.68 > 6 (EBITDA TTM 1.56b / Interest Expense TTM 230.1m) |
Altman Z'' 1.58
| A: 0.05 (Total Current Assets 4.70b - Total Current Liabilities 3.16b) / Total Assets 32.92b |
| B: 0.18 (Retained Earnings 6.03b / Total Assets 32.92b) |
| C: 0.05 (EBIT TTM 1.54b / Avg Total Assets 32.94b) |
| D: 0.35 (Book Value of Equity 6.05b / Total Liabilities 17.46b) |
| Altman-Z'' Score: 1.58 = BB |
Beneish M -2.68
| DSRI: 1.46 (Receivables 1.22b/951.2m, Revenue 1.36b/1.55b) |
| GMI: 1.05 (GM 60.86% / 63.74%) |
| AQI: 1.01 (AQ_t 0.85 / AQ_t-1 0.85) |
| SGI: 0.88 (Revenue 1.36b / 1.55b) |
| TATA: 0.01 (NI 1.02b - CFO 765.8m) / TA 32.92b) |
| Beneish M-Score: -2.68 (Cap -4..+1) = A |
What is the price of AT1 shares?
Over the past week, the price has changed by +4.63%, over one month by +5.58%, over three months by -9.67% and over the past year by -0.95%.
Is AT1 a buy, sell or hold?
What are the forecasts/targets for the AT1 price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 3.3 | 16.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 2.8 | -1.4% |
AT1 Fundamental Data Overview February 02, 2026
P/E Trailing = 3.6189
P/E Forward = 9.6061
P/S = 1.9347
P/B = 0.2358
Revenue TTM = 1.36b EUR
EBIT TTM = 1.54b EUR
EBITDA TTM = 1.56b EUR
Long Term Debt = 11.48b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.92b EUR (from shortTermDebt, last quarter)
Debt = 13.40b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.12b EUR (from netDebt column, last quarter)
Enterprise Value = 14.05b EUR (2.93b + Debt 13.40b - CCE 2.28b)
Interest Coverage Ratio = 6.68 (Ebit TTM 1.54b / Interest Expense TTM 230.1m)
EV/FCF = 17.95x (Enterprise Value 14.05b / FCF TTM 782.9m)
FCF Yield = 5.57% (FCF TTM 782.9m / Enterprise Value 14.05b)
FCF Margin = 57.56% (FCF TTM 782.9m / Revenue TTM 1.36b)
Net Margin = 75.35% (Net Income TTM 1.02b / Revenue TTM 1.36b)
Gross Margin = 60.86% ((Revenue TTM 1.36b - Cost of Revenue TTM 532.3m) / Revenue TTM)
Gross Margin QoQ = 65.24% (prev 65.48%)
Tobins Q-Ratio = 0.43 (Enterprise Value 14.05b / Total Assets 32.92b)
Interest Expense / Debt = 0.45% (Interest Expense 60.8m / Debt 13.40b)
Taxrate = 30.70% (137.0m / 446.3m)
NOPAT = 1.07b (EBIT 1.54b * (1 - 30.70%))
Current Ratio = 1.49 (Total Current Assets 4.70b / Total Current Liabilities 3.16b)
Debt / Equity = 1.07 (Debt 13.40b / totalStockholderEquity, last quarter 12.48b)
Debt / EBITDA = 7.15 (Net Debt 11.12b / EBITDA 1.56b)
Debt / FCF = 14.21 (Net Debt 11.12b / FCF TTM 782.9m)
Total Stockholder Equity = 12.37b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.11% (Net Income 1.02b / Total Assets 32.92b)
RoE = 8.28% (Net Income TTM 1.02b / Total Stockholder Equity 12.37b)
RoCE = 6.45% (EBIT 1.54b / Capital Employed (Equity 12.37b + L.T.Debt 11.48b))
RoIC = 4.06% (NOPAT 1.07b / Invested Capital 26.27b)
WACC = 1.31% (E(2.93b)/V(16.33b) * Re(5.88%) + D(13.40b)/V(16.33b) * Rd(0.45%) * (1-Tc(0.31)))
Discount Rate = 5.88% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 3.68%
[DCF Debug] Terminal Value 85.97% ; FCFF base≈720.1m ; Y1≈694.6m ; Y5≈684.4m
Fair Price DCF = 8.57 (EV 20.50b - Net Debt 11.12b = Equity 9.38b / Shares 1.09b; r=5.90% [WACC]; 5y FCF grow -4.77% → 2.90% )
EPS Correlation: 31.52 | EPS CAGR: 20.30% | SUE: 0.27 | # QB: 0
Revenue Correlation: -51.58 | Revenue CAGR: -0.07% | SUE: 0.01 | # QB: 0
EPS next Year (2026-12-31): EPS=0.26 | Chg30d=-0.004 | Revisions Net=+2 | Growth EPS=+1.4% | Growth Revenue=+1.7%