Predictions
Fair Value Reit-Ag
Start price
Target price
Perf. (%)
€5.80
08.07.23
08.07.23
€3.00
08.07.24
08.07.24
-17.24%
22.07.23
22.07.23
Medium risks for its business
negative Cash Flow expected
EBIT decline/stagnation expected
Increased challenges to pay loans and raise capital
Commerzbank AG
Start price
Target price
Perf. (%)
€5.28
19.02.21
19.02.21
€52.00
19.12.24
19.12.24
99.07%
11.07.23
11.07.23
EBIT growth > 30% per year expected
Standard Investments for future growth
Fair valuation
Capable Management
DEMIRE Deutsche Mittelstand Real Estate AG
Start price
Target price
Perf. (%)
€1.77
04.07.23
04.07.23
€1.00
04.07.24
04.07.24
-7.91%
08.07.23
08.07.23
Probably not worthwhile Investment
EBIT decline/stagnation expected
Lower EBIT Margin than peer group
Increased challenges to pay loans and raise capital
Varengold Bank AG
Start price
Target price
Perf. (%)
€2.66
12.06.23
12.06.23
-
12.06.24
12.06.24
10.53%
25.06.23
25.06.23
Risky Investment
Dermapharm Holding SE
Start price
Target price
Perf. (%)
€42.52
18.04.23
18.04.23
€50.00
18.04.24
18.04.24
6.54%
24.06.23
24.06.23
Could be worthwhile Investment >10% per year
Undervalued
Allianz SE VNA
Start price
Target price
Perf. (%)
€209.45
23.06.23
23.06.23
-
-0.12%
23.06.23
23.06.23
Could be very worthwhile Investment >20% year
Mutares SE & Co. KgaA
Start price
Target price
Perf. (%)
€24.50
23.05.23
23.05.23
€26.00
23.05.24
23.05.24
2.24%
21.06.23
21.06.23
Could be worthwhile Investment >10% per year
Some uniques
Differentiated customer and product portfolio
Growths faster than the competition
TAG Immobilien AG
Start price
Target price
Perf. (%)
€9.25
24.08.22
24.08.22
€12.00
24.08.23
24.08.23
-20.15%
30.05.23
30.05.23
Deutsche Börse AG
Start price
Target price
Perf. (%)
€164.15
12.07.22
12.07.22
€180.00
12.07.23
12.07.23
0.21%
30.05.23
30.05.23
DEFAMA Deutsche Fachmarkt AG
Start price
Target price
Perf. (%)
€25.80
27.05.22
27.05.22
-
27.05.23
27.05.23
-17.44%
28.05.23
28.05.23
DIC Asset AG
Start price
Target price
Perf. (%)
€6.18
14.05.23
14.05.23
€5.00
14.05.24
14.05.24
-9.71%
27.05.23
27.05.23
Probably not worthwhile Investment
EBIT decline/stagnation expected
Revenue decline/stagnation expected
Lower EBIT Margin than peer group