Aroundtown SA (AT1) AI Stock Analysis

• Market Cap: €2.85B
• Dividend Yield: N/A
• Average Volume (3M): 2.34M
• Price to Earnings (P/E): 54.0
• Beta (1Y): 0.67
• Revenue Growth: -3.77%
• EPS Growth: N/A
• Country: DE
• Employees: 1,506
• Sector: Real Estate
• Sector Strength: 75
• Industry: Real Estate - Services
• EPS (TTM): 0.05
• Shares Outstanding: 1,537,025,600
• 10 Day Avg. Volume: 1,343,877
• 30 Day Avg. Volume: 2,338,948
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €2.96
• Price Target Upside: 13.41% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 17

Aroundtown SA's stock is moderately rated due to its recovery in profitability and cash flow improvements. However, challenges such as declining revenue, high leverage, and a high P/E ratio suggest caution. The stock shows some positive technical momentum, but the lack of a dividend yield and potential overvaluation are notable concerns. Investors should weigh the potential for further operational recovery against the risk of financial instability.

Positive Factors

Debt Management

Aroundtown successfully reapproached debt capital markets with the issuance of corporate bonds and perpetual hybrid bonds, supporting its credit profile.

Earnings

Reporting is viewed as a positive event with results and guidance above expectations and a better-than-expected recovery of property values.

Liquidity

The group’s liquidity position increased to €3.6bn, but S&P confirmed the BBB+ credit rating with a negative outlook.

Negative Factors

Credit Rating

The review of S&P's rating of BBB+ with a negative outlook on the company is still pending, creating significant uncertainty for the stock.

Interest Rates

Further strongly increasing interest rates pose a risk for the company given its still elevated leverage.

Leverage

Leverage remains elevated and the company hasn’t decided on dividend payout yet.

Aroundtown SA Business Overview & Revenue Model

Company Description

Aroundtown SA is a leading real estate company focused on investing in and managing income-generating properties, primarily in the residential and commercial segments. Operating across various European markets, the company specializes in acquiring, developing, and managing properties in prime urban locations, with a significant presence in Germany and the Netherlands. Aroundtown's portfolio is diversified across office, hotel, and residential sectors, emphasizing sustainable growth and value creation for stakeholders.

How the Company Makes Money

Aroundtown SA generates revenue primarily through rental income from its extensive portfolio of commercial and residential properties. The company invests in high-quality, strategically located assets that provide stable and recurring rental streams. In addition to rental income, Aroundtown enhances its earnings through active asset management, including property development, renovations, and value-add initiatives that increase asset value and cash flow. The company may also engage in strategic property sales to optimize its portfolio and realize capital gains. Significant partnerships with local and international investors, as well as financial institutions, further support Aroundtown's growth and profitability by providing capital and leveraging market opportunities.

Aroundtown SA Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
1.19B	1.61B	1.32B	1.18B	894.80M
	Gross Profit
554.40M	915.00M	790.20M	737.70M	666.90M
	EBIT
-2.47B	852.50M	1.74B	1.65B	2.16B
	EBITDA
-2.60B	712.40M	642.20M	562.80M	713.60M
	Net Income Common Stockholders
-1.83B	-457.10M	1.08B	741.30M	1.37B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.13B	3.08B	3.74B	3.34B	3.16B
	Total Assets
33.56B	37.35B	39.38B	31.02B	25.44B
	Total Debt
14.55B	14.94B	15.74B	11.97B	10.12B
	Net Debt
11.91B	12.64B	12.86B	9.27B	7.93B
	Total Liabilities
18.41B	19.52B	20.23B	15.44B	12.07B
	Stockholders Equity
12.40B	14.33B	15.28B	13.56B	12.07B
Cash Flow		Free Cash Flow
541.70M	761.60M	-174.40M	579.50M	72.30M
	Operating Cash Flow
557.90M	788.00M	625.80M	615.80M	613.60M
	Investing Cash Flow
523.80M	408.50M	1.08B	1.01B	-2.89B
	Financing Cash Flow
-753.00M	-1.76B	-2.61B	-1.63B	3.23B

Aroundtown SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.61
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:AT1, the sentiment is Positive. The current price of 2.61 is above the 20-day moving average (MA) of 2.55, above the 50-day MA of 2.53, and below the 200-day MA of 2.63, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 52.47 is Neutral, neither overbought nor oversold. The STOCH value of 24.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:AT1.

Aroundtown SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GYC	66 Neutral	€1.77B	9.27	5.48%	―	-1.76%	―
LEG	64 Neutral	€5.60B	84.71	0.89%	3.25%	2.26%	―
AT1	63 Neutral	€2.85B	54.00	0.69%	―	-3.77%	―
Sector *	60 Neutral	$2.79B	11.29	0.22%	8508.24%	6.33%	-14.20%
TKA	55 Neutral	€6.41B	―	-12.20%	1.46%	-5.47%	49.51%
DWNI	50 Neutral	$8.83B	―	-4.68%	0.17%	6.08%	―
VNA	46 Neutral	€24.11B	―	-3.71%	3.06%	15.65%	86.00%