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1. Company Snapshot

1.a. Company Description

Allreal Holding AG, through its subsidiaries, operates as a real estate company in Switzerland.It operates through two divisions, Real Estate and Projects & Development.The Real Estate division invests in residential and commercial properties.


This division also provides various real estate services, such as portfolio management, and real estate and building management.The Projects & Development division provides project development, real estate consultancy, and contract administration services.This division engages in the development, realization, purchase, and sale of real estate.


Allreal Holding AG was founded in 1999 and is based in Baar, Switzerland.

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1.b. Last Insights on ALLN

Allreal Holding AG's recent performance is driven by its robust earnings release. Despite the strong results, investors' muted reaction may be attributed to concerns over the company's business conditions. A notable aspect is the absence of significant announcements regarding new products, legal issues, or acquisitions. According to recent reports, the company's healthy earnings report did not translate to substantial stock gains. Allreal Holding's ability to maintain its growth trajectory and address potential challenges remains crucial.

1.c. Company Highlights

2. Transcript Summary

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4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.83%)

6. Segments

Real Estate

Expected Growth: 4.83%

Allreal Holding AG's 4.83% growth in Real Estate is driven by increasing demand for residential and commercial spaces, fueled by Switzerland's strong economy and low interest rates. Additionally, the company's strategic focus on sustainable and energy-efficient projects, as well as its diversified portfolio across various regions, contribute to its growth momentum.

Development & Realisation

Expected Growth: 4.83%

Allreal Holding AG's Development & Realisation segment growth of 4.83% is driven by increasing demand for residential and commercial properties, strategic project acquisitions, and efficient project management. Additionally, the company's focus on sustainable and innovative construction methods, as well as its strong brand reputation, contribute to its growth momentum.

7. Detailed Products

Real Estate Development

Allreal Holding AG develops and sells residential and commercial properties, focusing on high-quality projects in prime locations.

Real Estate Management

The company provides comprehensive property management services, including rental and facility management, for its own and third-party properties.

Project Development

Allreal Holding AG develops and implements large-scale projects, including residential and commercial complexes, hotels, and infrastructure projects.

Real Estate Investments

The company invests in and manages a diversified portfolio of real estate assets, including office buildings, apartments, and retail spaces.

Construction Services

Allreal Holding AG provides construction services, including general contracting, project management, and construction management.

8. Allreal Holding AG's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Allreal Holding AG is moderate, as there are alternative investment options available to investors, but the company's diversified portfolio and strong brand presence mitigate this threat to some extent.

Bargaining Power Of Customers

The bargaining power of customers is relatively low, as Allreal Holding AG operates in a niche market with a loyal customer base, and its diversified portfolio reduces dependence on individual customers.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate, as Allreal Holding AG relies on a diverse range of suppliers, but some suppliers may have significant bargaining power due to their size or specialized products.

Threat Of New Entrants

The threat of new entrants is relatively low, as Allreal Holding AG operates in a highly regulated industry with significant barriers to entry, and its established brand presence and diversified portfolio make it difficult for new entrants to gain traction.

Intensity Of Rivalry

The intensity of rivalry is high, as Allreal Holding AG operates in a competitive industry with several established players, and the company must continually innovate and adapt to changing market conditions to maintain its market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 51.40%
Debt Cost 3.95%
Equity Weight 48.60%
Equity Cost 5.96%
WACC 4.92%
Leverage 105.76%

11. Quality Control: Allreal Holding AG passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Allreal Holding

A-Score: 6.1/10

Value: 3.6

Growth: 2.1

Quality: 6.4

Yield: 6.9

Momentum: 7.5

Volatility: 10.0

1-Year Total Return ->

Stock-Card
VGP

A-Score: 5.8/10

Value: 3.1

Growth: 6.2

Quality: 7.0

Yield: 5.6

Momentum: 6.0

Volatility: 7.0

1-Year Total Return ->

Stock-Card
Aroundtown

A-Score: 5.0/10

Value: 7.7

Growth: 4.1

Quality: 5.8

Yield: 3.1

Momentum: 6.0

Volatility: 3.3

1-Year Total Return ->

Stock-Card
Grainger

A-Score: 4.8/10

Value: 5.4

Growth: 3.4

Quality: 5.7

Yield: 5.0

Momentum: 1.0

Volatility: 8.0

1-Year Total Return ->

Stock-Card
Wihlborgs Fastigheter

A-Score: 4.2/10

Value: 4.3

Growth: 4.8

Quality: 5.8

Yield: 7.5

Momentum: 1.0

Volatility: 2.0

1-Year Total Return ->

Stock-Card
Fabege

A-Score: 4.0/10

Value: 2.8

Growth: 3.7

Quality: 4.9

Yield: 4.4

Momentum: 2.5

Volatility: 6.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

197.4$

Current Price

197.4$

Potential

-0.00%

Expected Cash-Flows