(G24) Scout24 - Overview
Stock: Property Listings, CRM Tools, Valuation Solutions, Marketing Services
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.10% |
| Yield on Cost 5y | 2.22% |
| Yield CAGR 5y | 12.64% |
| Payout Consistency | 94.3% |
| Payout Ratio | 79.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.1% |
| Relative Tail Risk | -1.10% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.97 |
| Alpha | -25.19 |
| Character TTM | |
|---|---|
| Beta | 0.056 |
| Beta Downside | 0.069 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.35% |
| CAGR/Max DD | 0.37 |
Description: G24 Scout24 January 06, 2026
Scout24 SE (XETRA:G24) runs ImmoScout24, Germany’s leading digital marketplace for residential and commercial real-estate listings, and monetises the platform through a mix of pay-per-ad fees, lead-generation engines for agents and lenders, and SaaS tools for property management, valuation and ESG compliance.
The business is split into a Professional segment (real-estate agents, appraisers, banks) and a Private segment (consumers, homeowners, advertisers). Core products include the Realtor Lead Engine (RLE), Mortgage Lead Engine, CRM suites, automated valuation models (AVMs) delivered via APIs, and ancillary services such as TenantPlus, BuyerPlus, LivingPlus and LettingPlus, all branded under ImmoScout24, FLOWFACT, Vermietet.de and several niche labels.
Key performance indicators (as of FY 2023) show a 12% year-over-year increase in active listings (≈ 5.4 million) and a 9% rise in monthly active users to roughly 15 million, underpinning a stable 71% gross margin on the SaaS side. The company’s revenue growth is closely tied to German housing demand, which is currently driven by low-interest-rate cycles (despite recent rate hikes) and a structural shortage of rental units, while ESG-related services are gaining traction as regulators tighten energy-performance disclosure rules.
Analysts should watch the sensitivity of lead-generation volumes to macro-economic shifts-particularly mortgage rate volatility-and the competitive pressure from emerging prop-tech platforms that could erode market share if Scout24’s product integration lags.
For a deeper, data-rich assessment of Scout24’s valuation dynamics, the ValueRay platform offers granular metrics and scenario analyses worth exploring.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 228.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 7.11 > 1.0 |
| NWC/Revenue: -46.88% < 20% (prev -23.55%; Δ -23.33% < -1%) |
| CFO/TA 0.19 > 3% & CFO 390.5m > Net Income 228.7m |
| Net Debt (156.5m) to EBITDA (257.6m): 0.61 < 3 |
| Current Ratio: 0.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (72.3m) vs 12m ago -1.37% < -2% |
| Gross Margin: 93.68% > 18% (prev 0.77%; Δ 9291 % > 0.5%) |
| Asset Turnover: 31.56% > 50% (prev 27.49%; Δ 4.06% > 0%) |
| Interest Coverage Ratio: 16.80 > 6 (EBITDA TTM 257.6m / Interest Expense TTM 14.3m) |
Altman Z'' 3.65
| A: -0.15 (Total Current Assets 102.2m - Total Current Liabilities 403.1m) / Total Assets 2.06b |
| B: 0.60 (Retained Earnings 1.23b / Total Assets 2.06b) |
| C: 0.12 (EBIT TTM 240.2m / Avg Total Assets 2.03b) |
| D: 1.77 (Book Value of Equity 1.31b / Total Liabilities 737.4m) |
| Altman-Z'' Score: 3.65 = AA |
Beneish M -3.19
| DSRI: 0.94 (Receivables 46.8m/42.6m, Revenue 641.8m/551.2m) |
| GMI: 0.82 (GM 93.68% / 76.94%) |
| AQI: 1.01 (AQ_t 0.93 / AQ_t-1 0.92) |
| SGI: 1.16 (Revenue 641.8m / 551.2m) |
| TATA: -0.08 (NI 228.7m - CFO 390.5m) / TA 2.06b) |
| Beneish M-Score: -3.19 (Cap -4..+1) = AA |
What is the price of G24 shares?
Over the past week, the price has changed by -11.90%, over one month by -14.14%, over three months by -24.52% and over the past year by -20.44%.
Is G24 a buy, sell or hold?
What are the forecasts/targets for the G24 price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 119.2 | 61% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 73.9 | -0.2% |
G24 Fundamental Data Overview February 03, 2026
P/E Trailing = 66.1417
P/E Forward = 21.3675
P/S = 9.3664
P/B = 4.1874
Revenue TTM = 641.8m EUR
EBIT TTM = 240.2m EUR
EBITDA TTM = 257.6m EUR
Long Term Debt = 841.0k EUR (from longTermDebt, last quarter)
Short Term Debt = 152.0m EUR (from shortTermDebt, last quarter)
Debt = 189.0m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 156.5m EUR (from netDebt column, last quarter)
Enterprise Value = 6.25b EUR (6.10b + Debt 189.0m - CCE 34.6m)
Interest Coverage Ratio = 16.80 (Ebit TTM 240.2m / Interest Expense TTM 14.3m)
EV/FCF = 26.94x (Enterprise Value 6.25b / FCF TTM 232.1m)
FCF Yield = 3.71% (FCF TTM 232.1m / Enterprise Value 6.25b)
FCF Margin = 36.17% (FCF TTM 232.1m / Revenue TTM 641.8m)
Net Margin = 35.64% (Net Income TTM 228.7m / Revenue TTM 641.8m)
Gross Margin = 93.68% ((Revenue TTM 641.8m - Cost of Revenue TTM 40.6m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 3.03 (Enterprise Value 6.25b / Total Assets 2.06b)
Interest Expense / Debt = 3.91% (Interest Expense 7.39m / Debt 189.0m)
Taxrate = 31.87% (75.8m / 238.0m)
NOPAT = 163.7m (EBIT 240.2m * (1 - 31.87%))
Current Ratio = 0.25 (Total Current Assets 102.2m / Total Current Liabilities 403.1m)
Debt / Equity = 0.14 (Debt 189.0m / totalStockholderEquity, last quarter 1.33b)
Debt / EBITDA = 0.61 (Net Debt 156.5m / EBITDA 257.6m)
Debt / FCF = 0.67 (Net Debt 156.5m / FCF TTM 232.1m)
Total Stockholder Equity = 1.41b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.25% (Net Income 228.7m / Total Assets 2.06b)
RoE = 16.24% (Net Income TTM 228.7m / Total Stockholder Equity 1.41b)
RoCE = 17.05% (EBIT 240.2m / Capital Employed (Equity 1.41b + L.T.Debt 841.0k))
RoIC = 11.17% (NOPAT 163.7m / Invested Capital 1.47b)
WACC = 6.02% (E(6.10b)/V(6.29b) * Re(6.12%) + D(189.0m)/V(6.29b) * Rd(3.91%) * (1-Tc(0.32)))
Discount Rate = 6.12% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.96%
[DCF Debug] Terminal Value 86.34% ; FCFF base≈172.5m ; Y1≈181.0m ; Y5≈211.2m
Fair Price DCF = 81.34 (EV 6.03b - Net Debt 156.5m = Equity 5.87b / Shares 72.2m; r=6.02% [WACC]; 5y FCF grow 5.38% → 2.90% )
EPS Correlation: 78.28 | EPS CAGR: 31.68% | SUE: 0.22 | # QB: 0
Revenue Correlation: 43.75 | Revenue CAGR: -4.83% | SUE: 0.12 | # QB: 0
EPS next Year (2026-12-31): EPS=3.97 | Chg30d=+0.017 | Revisions Net=+2 | Growth EPS=+14.3% | Growth Revenue=+17.3%