(LEG) LEG Immobilien SE - Overview
Exchange: XETRA •
Country: Germany •
Currency: EUR •
Type: Common Stock •
ISIN: DE000LEG1110
Stock: Rental Apartments, Commercial Units, Property Management, Energy Generation
Total Rating 42
Risk 84
Buy Signal -0.42
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.61% |
| Yield on Cost 5y | 2.60% |
| Yield CAGR 5y | -7.95% |
| Payout Consistency | 82.7% |
| Payout Ratio | 21.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.2% |
| Relative Tail Risk | -5.55% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.94 |
| Alpha | -22.10 |
| Character TTM | |
|---|---|
| Beta | -0.131 |
| Beta Downside | -0.077 |
| Drawdowns 3y | |
|---|---|
| Max DD | 36.28% |
| CAGR/Max DD | -0.08 |
Description: LEG LEG Immobilien SE January 10, 2026
LEG Immobilien SE (XETRA: LEG) is a German integrated property company that manages a diversified portfolio of residential, commercial, garage and parking assets. Its business model combines core activities-property management, development, and third-party services-with ancillary operations such as electricity/heat generation and IT solutions for external clients.
Key metrics (as of FY 2023) show a portfolio of roughly 180 k units with an average occupancy of 96 % and a net rent growth of 3.2 % YoY, reflecting Germany’s tight rental market and the company’s focus on affordable housing. The firm’s dividend yield hovers around 4.5 %, while its leverage ratio (net debt/EBITDA) is approximately 2.8×, indicating moderate financial risk in a sector where interest-rate sensitivity is a primary driver.
Given the ongoing housing shortage in major German cities and the EU’s emphasis on energy-efficient retrofits, LEG’s exposure to both rental demand and sustainable-energy services positions it to benefit from policy-driven demand growth.
For a deeper quantitative assessment, you might explore LEG’s valuation and risk profile on ValueRay to see how its fundamentals compare to peers.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.06 > 1.0 |
| NWC/Revenue: -145.7% < 20% (prev -74.83%; Δ -70.84% < -1%) |
| CFO/TA 0.02 > 3% & CFO 463.1m > Net Income 1.19b |
| Net Debt (-407.8m) to EBITDA (1.05b): -0.39 < 3 |
| Current Ratio: 0.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (92.2m) vs 12m ago 23.83% < -2% |
| Gross Margin: 48.58% > 18% (prev 0.43%; Δ 4814 % > 0.5%) |
| Asset Turnover: 6.80% > 50% (prev 6.45%; Δ 0.35% > 0%) |
| Interest Coverage Ratio: 4.86 > 6 (EBITDA TTM 1.05b / Interest Expense TTM 210.0m) |
Altman Z'' 2.03
| A: -0.10 (Total Current Assets 793.5m - Total Current Liabilities 2.78b) / Total Assets 20.46b |
| B: 0.34 (Retained Earnings 6.96b / Total Assets 20.46b) |
| C: 0.05 (EBIT TTM 1.02b / Avg Total Assets 20.09b) |
| D: 1.16 (Book Value of Equity 13.97b / Total Liabilities 12.03b) |
| Altman-Z'' Score: 2.03 = BBB |
Beneish M -3.46
| DSRI: 0.45 (Receivables 303.7m/623.5m, Revenue 1.37b/1.27b) |
| GMI: 0.89 (GM 48.58% / 43.41%) |
| AQI: 1.03 (AQ_t 0.95 / AQ_t-1 0.92) |
| SGI: 1.07 (Revenue 1.37b / 1.27b) |
| TATA: 0.04 (NI 1.19b - CFO 463.1m) / TA 20.46b) |
| Beneish M-Score: -3.46 (Cap -4..+1) = AA |
What is the price of LEG shares?
As of February 08, 2026, the stock is trading at EUR 61.80 with a total of 359,813 shares traded.
Over the past week, the price has changed by +1.64%, over one month by -0.48%, over three months by -4.19% and over the past year by -20.21%.
Over the past week, the price has changed by +1.64%, over one month by -0.48%, over three months by -4.19% and over the past year by -20.21%.
Is LEG a buy, sell or hold?
LEG Immobilien SE has no consensus analysts rating.
What are the forecasts/targets for the LEG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 85.8 | 38.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 62.1 | 0.4% |
LEG Fundamental Data Overview February 02, 2026
Market Cap USD = 5.42b (4.59b EUR * 1.1801 EUR.USD)
P/E Trailing = 4.5783
P/E Forward = 9.5694
P/S = 2.7064
P/B = 0.5553
Revenue TTM = 1.37b EUR
EBIT TTM = 1.02b EUR
EBITDA TTM = 1.05b EUR
Long Term Debt = 7.52b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.37b EUR (from shortTermDebt, last quarter)
Debt = 9.89b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -407.8m EUR (from netDebt column, last quarter)
Enterprise Value = 14.07b EUR (4.59b + Debt 9.89b - CCE 407.8m)
Interest Coverage Ratio = 4.86 (Ebit TTM 1.02b / Interest Expense TTM 210.0m)
EV/FCF = 31.95x (Enterprise Value 14.07b / FCF TTM 440.5m)
FCF Yield = 3.13% (FCF TTM 440.5m / Enterprise Value 14.07b)
FCF Margin = 32.25% (FCF TTM 440.5m / Revenue TTM 1.37b)
Net Margin = 86.80% (Net Income TTM 1.19b / Revenue TTM 1.37b)
Gross Margin = 48.58% ((Revenue TTM 1.37b - Cost of Revenue TTM 702.3m) / Revenue TTM)
Gross Margin QoQ = 50.10% (prev 49.66%)
Tobins Q-Ratio = 0.69 (Enterprise Value 14.07b / Total Assets 20.46b)
Interest Expense / Debt = 0.51% (Interest Expense 50.3m / Debt 9.89b)
Taxrate = 43.89% (53.9m / 122.8m)
NOPAT = 572.4m (EBIT 1.02b * (1 - 43.89%))
Current Ratio = 0.29 (Total Current Assets 793.5m / Total Current Liabilities 2.78b)
Debt / Equity = 1.18 (Debt 9.89b / totalStockholderEquity, last quarter 8.38b)
Debt / EBITDA = -0.39 (Net Debt -407.8m / EBITDA 1.05b)
Debt / FCF = -0.93 (Net Debt -407.8m / FCF TTM 440.5m)
Total Stockholder Equity = 7.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.90% (Net Income 1.19b / Total Assets 20.46b)
RoE = 15.28% (Net Income TTM 1.19b / Total Stockholder Equity 7.76b)
RoCE = 6.68% (EBIT 1.02b / Capital Employed (Equity 7.76b + L.T.Debt 7.52b))
RoIC = 5.64% (NOPAT 572.4m / Invested Capital 10.15b)
WACC = 1.92% (E(4.59b)/V(14.48b) * Re(5.43%) + D(9.89b)/V(14.48b) * Rd(0.51%) * (1-Tc(0.44)))
Discount Rate = 5.43% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 11.55%
[DCF Debug] Terminal Value 86.76% ; FCFF base≈429.0m ; Y1≈448.4m ; Y5≈518.5m
Fair Price DCF = 209.0 (EV 15.39b - Net Debt -407.8m = Equity 15.80b / Shares 75.6m; r=5.90% [WACC]; 5y FCF grow 4.83% → 2.90% )
EPS Correlation: 17.19 | EPS CAGR: 2.21% | SUE: 3.81 | # QB: 1
Revenue Correlation: 92.76 | Revenue CAGR: 8.07% | SUE: 0.79 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.15 | Chg30d=-0.145 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=5.98 | Chg30d=+0.240 | Revisions Net=+1 | Growth EPS=-0.3% | Growth Revenue=+3.6%
P/E Trailing = 4.5783
P/E Forward = 9.5694
P/S = 2.7064
P/B = 0.5553
Revenue TTM = 1.37b EUR
EBIT TTM = 1.02b EUR
EBITDA TTM = 1.05b EUR
Long Term Debt = 7.52b EUR (from longTermDebt, last quarter)
Short Term Debt = 2.37b EUR (from shortTermDebt, last quarter)
Debt = 9.89b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -407.8m EUR (from netDebt column, last quarter)
Enterprise Value = 14.07b EUR (4.59b + Debt 9.89b - CCE 407.8m)
Interest Coverage Ratio = 4.86 (Ebit TTM 1.02b / Interest Expense TTM 210.0m)
EV/FCF = 31.95x (Enterprise Value 14.07b / FCF TTM 440.5m)
FCF Yield = 3.13% (FCF TTM 440.5m / Enterprise Value 14.07b)
FCF Margin = 32.25% (FCF TTM 440.5m / Revenue TTM 1.37b)
Net Margin = 86.80% (Net Income TTM 1.19b / Revenue TTM 1.37b)
Gross Margin = 48.58% ((Revenue TTM 1.37b - Cost of Revenue TTM 702.3m) / Revenue TTM)
Gross Margin QoQ = 50.10% (prev 49.66%)
Tobins Q-Ratio = 0.69 (Enterprise Value 14.07b / Total Assets 20.46b)
Interest Expense / Debt = 0.51% (Interest Expense 50.3m / Debt 9.89b)
Taxrate = 43.89% (53.9m / 122.8m)
NOPAT = 572.4m (EBIT 1.02b * (1 - 43.89%))
Current Ratio = 0.29 (Total Current Assets 793.5m / Total Current Liabilities 2.78b)
Debt / Equity = 1.18 (Debt 9.89b / totalStockholderEquity, last quarter 8.38b)
Debt / EBITDA = -0.39 (Net Debt -407.8m / EBITDA 1.05b)
Debt / FCF = -0.93 (Net Debt -407.8m / FCF TTM 440.5m)
Total Stockholder Equity = 7.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.90% (Net Income 1.19b / Total Assets 20.46b)
RoE = 15.28% (Net Income TTM 1.19b / Total Stockholder Equity 7.76b)
RoCE = 6.68% (EBIT 1.02b / Capital Employed (Equity 7.76b + L.T.Debt 7.52b))
RoIC = 5.64% (NOPAT 572.4m / Invested Capital 10.15b)
WACC = 1.92% (E(4.59b)/V(14.48b) * Re(5.43%) + D(9.89b)/V(14.48b) * Rd(0.51%) * (1-Tc(0.44)))
Discount Rate = 5.43% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 11.55%
[DCF Debug] Terminal Value 86.76% ; FCFF base≈429.0m ; Y1≈448.4m ; Y5≈518.5m
Fair Price DCF = 209.0 (EV 15.39b - Net Debt -407.8m = Equity 15.80b / Shares 75.6m; r=5.90% [WACC]; 5y FCF grow 4.83% → 2.90% )
EPS Correlation: 17.19 | EPS CAGR: 2.21% | SUE: 3.81 | # QB: 1
Revenue Correlation: 92.76 | Revenue CAGR: 8.07% | SUE: 0.79 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.15 | Chg30d=-0.145 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=5.98 | Chg30d=+0.240 | Revisions Net=+1 | Growth EPS=-0.3% | Growth Revenue=+3.6%