AI Spotlight on DEQ
Company Description
Deutsche EuroShop AG is a German-based international real estate investment company headquartered in Hamburg.It is the largest German investor in shopping centers, and the country's only publicly traded company to do so exclusively.At the end of 2010 the firm held investments in 18 properties, of which 14 were in Germany, two in Poland and one each in Austria and Hungary.
Market Data
Last Price | 19 |
Change Percentage | 0.32% |
Open | 19 |
Previous Close | 18.94 |
Market Cap ( Millions) | 1442 |
Volume | 6382 |
Year High | 27.45 |
Year Low | 17.92 |
M A 50 | 18.76 |
M A 200 | 21.12 |
Financial Ratios
FCF Yield | 11.32% |
Dividend Yield | 13.68% |
ROE | -1.20% |
Debt / Equity | 0.00% |
Net Debt / EBIDTA | -463.83% |
Price To Book | 0.79 |
Price Earnings Ratio | -60.5 |
Price To FCF | 8.84 |
Price To sales | 5.52 |
EV / EBITDA | 29.03 |
News
- Jan -03 - Should You Think About Buying Deutsche EuroShop AG (ETR:DEQ) Now?
- Nov -17 - Deutsche EuroShop Third Quarter 2024 Earnings: EPS: โฌ0.30 (vs โฌ0.41 in 3Q 2023)
- Sep -21 - Estimating The Intrinsic Value Of Deutsche EuroShop AG (ETR:DEQ)
- Aug -25 - Why It Might Not Make Sense To Buy Deutsche EuroShop AG (ETR:DEQ) For Its Upcoming Dividend
- Aug -19 - Deutsche EuroShop Second Quarter 2024 Earnings: EPS: โฌ0.35 (vs โฌ0.13 in 2Q 2023)
- Aug -17 - Deutsche EuroShop's (ETR:DEQ) Upcoming Dividend Will Be Larger Than Last Year's
- Jul -27 - Should You Investigate Deutsche EuroShop AG (ETR:DEQ) At โฌ23.95?
- Nov -27 - Investors in Questerre Energy (TSE:QEC) have seen notable returns of 74% over the past three years
Business Breakdown
Expected Mid-Term Growth
Segment nยฐ1 -> Minimum Rental
Expected Growth : 4.65 %
What the company do ?
Minimum Rental from Deutsche EuroShop AG refers to the lowest guaranteed rent paid by tenants in their shopping centers, ensuring a stable income stream.
Why we expect these perspectives ?
Deutsche EuroShop AG's minimum rental growth of 4.65% is driven by increasing foot traffic in prime shopping centers, strong retailer demand, and a solid pipeline of new leases. Additionally, the company's focus on omnichannel retailing and experiential shopping experiences attracts high-quality tenants, supporting rental growth.
Segment nยฐ2 -> Rent
Expected Growth : 4.65 %
What the company do ?
Deutsche EuroShop AG's rent refers to the revenue generated from leasing its shopping centers to various retailers and businesses.
Why we expect these perspectives ?
Deutsche EuroShop AG's 4.65% rent growth is driven by strong demand for prime retail space, increasing foot traffic, and a solid tenant mix. Additionally, the company's focus on high-quality shopping centers in Germany and Eastern Europe, coupled with its proactive asset management, contributes to the growth. Furthermore, the company's ability to negotiate rent increases and its long-term lease agreements also support the growth.
Segment nยฐ3 -> Allocable Property Tax and Insurance
Expected Growth : 4.83 %
What the company do ?
Allocable Property Tax and Insurance from Deutsche EuroShop AG refers to the portion of property taxes and insurance costs allocated to specific properties, affecting net operating income.
Why we expect these perspectives ?
Deutsche EuroShop AG's 4.83% growth in Allocable Property Tax and Insurance is driven by increasing property values, rising insurance premiums, and a growing portfolio of shopping centers. Additionally, the company's focus on prime locations and high-quality tenants contributes to higher property tax assessments, further boosting this segment's growth.
Segment nยฐ4 -> Other
Expected Growth : 4.83 %
What the company do ?
The 'Other' segment of Deutsche EuroShop AG includes revenue from management and consulting services, as well as rental income from properties.
Why we expect these perspectives ?
Deutsche EuroShop AG's 4.83% growth is driven by increasing foot traffic in prime shopping centers, successful asset management, and a strong retail real estate market in Europe. Additionally, the company's diversified tenant base, long-term leases, and low vacancy rates contribute to its stable and growing income stream.
Deutsche Euroshop Ag Products
Product Range | What is it ? |
---|---|
Shopping Centers | Deutsche EuroShop AG develops, owns, and operates shopping centers across Europe, offering a range of retail spaces for various tenants. |
Retail Properties | The company acquires, develops, and manages retail properties, including shopping centers, retail parks, and high-street stores. |
Real Estate Services | Deutsche EuroShop AG provides real estate services, including property management, leasing, and facility management. |
Investment Management | The company offers investment management services for retail properties, including portfolio management and asset management. |
Deutsche EuroShop AG's Porter Forces
Threat Of Substitutes
Deutsche EuroShop AG operates in a competitive market with many substitutes, but its strong brand recognition and customer loyalty mitigate the threat.
Bargaining Power Of Customers
Deutsche EuroShop AG's customers have limited bargaining power due to the company's strong market position and diversified customer base.
Bargaining Power Of Suppliers
Deutsche EuroShop AG's suppliers have moderate bargaining power due to the company's dependence on a few large suppliers, but the company's strong relationships and long-term contracts mitigate the risk.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the retail property market, including high capital requirements and regulatory hurdles.
Intensity Of Rivalry
The retail property market is highly competitive, with many established players competing for market share, leading to a high intensity of rivalry.
Capital Structure
Value | |
---|---|
Debt Weight | 44.19% |
Debt Cost | 3.95% |
Equity Weight | 55.81% |
Equity Cost | 11.12% |
WACC | 7.95% |
Leverage | 79.18% |
Deutsche EuroShop AG : Quality Control
Deutsche EuroShop AG passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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CORE-B.ST | Corem Property Group AB (publ), a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic region. As of December 31, 2021, it had โฆ |
FOXT.L | Foxtons Group plc, an estate agency, provides services to the residential property market in the United Kingdom. The company operates through three segments: Lettings, Sales, and Mortgage Broking. The Lettings โฆ |
ORIA.PA | Fiducial Real Estate SA operates and manages real estate properties in France. As of September 30, 2021, it operated a portfolio of office buildings, business buildings, and residential buildings covering โฆ |
PLAN.SW | Plazza AG plans, develops, manages, and markets real estate properties and projects in Switzerland. It has a portfolio of residential, commercial, and office buildings. The company was founded in 2015 โฆ |
BOXE.L | Tritax EuroBox plc invest in and manage a well-diversified portfolio of large, high-quality logistics real estate assets, known as Big Boxes. It seeks to invests in properties fulfilling a key โฆ |