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Datum / Uhrzeit |
Titel |
Bewertung |
15.10.25 06:17:27 |
Wann sollte man Aroundtown SA kaufen? |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
**Zusammenfassung (ca. 500 Wörter)**
Dieser Artikel analysiert Aroundtown SA (ETR:AT1), ein mittelständisches Immobilien-Investmentunternehmen, und konzentriert sich auf seine jüngsten Kursbewegungen und potenziellen Investitionsmöglichkeiten. Trotz Schwankungen zwischen 2,98 und 3,49 Euro liegt der aktuelle Aktienkurs von 3,26 Euro und deutet auf eine Unterschätzung des Unternehmens hin, basierend auf einem Vergleich des Kurs-Gewinn-Verhältnisses (KGV).
Der wichtigste Punkt ist, dass das KGV von Aroundtown bei 4,91x deutlich unter dem Branchenmittel von 13,98x liegt. Dies deutet darauf hin, dass die Aktie zu einem niedrigeren Multiplikator als ihre Wettbewerber gehandelt wird, was eine Kaufmöglichkeit darstellt. Allerdings werden mehrere wichtige Einschränkungen hervorgehoben.
Erstens ist das hohe Beta (Volatilität) des Unternehmens – was bedeutet, dass seine Aktienkurse wahrscheinlich Marktbewegungen verstärken wird – ein erheblicher Faktor. Wenn der breitere Markt sinkt, wird erwartet, dass Aroundtowns Aktien stärker fallen als der Gesamtmarkt, was eine Kaufmöglichkeit schafft.
Zweitens ist die zukünftige Prognose für Aroundtown besorgniserregend. Prognosen deuten auf einen erheblichen negativen Gewinnrückgang in den nächsten zwei Jahren hin, was erhebliche Fragen über das kurzfristige Wachstumspotenzial aufwirft. Dieser negative Ausblick stellt ein erhebliches Risiko für Investoren dar.
Der Artikel betont die Bedeutung der Berücksichtigung von Wachstumsaussichten bei der Bewertung eines Unternehmens. Das Kauf eines Unternehmens mit robusten Potenzialen zu einem niedrigen Preis ist in der Regel wünschenswert, aber diese Bewertung deutet darauf hin, dass Aroundtowns Wachstumspotenzial schwach ist.
Schließlich rät der Artikel Investoren, ihre Risikobereitschaft sorgfältig zu prüfen. Für bestehende Aktionäre, die durch den negativen Wachstumsprognose ihren Aktienanteil neu bewerten. Für potenzielle Investoren wird eine weitere Recherche empfohlen, insbesondere angesichts der unsicheren Zukunft.
**Wichtiger Hinweis:** Dieser Artikel dient nur zu allgemeinen Informationszwecken und sollte nicht als Finanzberatung interpretiert werden. Er ist eine datenbasierte, langfristig ausgerichtete Analyse und berücksichtigt keine aktuellen Unternehmensankündigungen oder individuellen Investitionsbedingungen. |
23.09.25 14:00:04 |
Die Aroundtown Aktie ist diese Woche um 4,5 Prozent gesunken, und die Jahresgewinne stimmen nun stärker mit dem Wachstu |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
**Zusammenfassung (ca. 450 Wörter)**
Dieser Artikel untersucht die Performance von Aroundtown SA (AT1), einem deutschen Immobilien-Investmentunternehmen, und untersucht, ob die jüngsten Kursgewinne durch zugrunde liegende Geschäftsleistung gerechtfertigt sind. Obwohl der Aktienkurs in den letzten drei Jahren um 39 % gestiegen ist, hat dies die Gesamtmarktperformance nicht erreicht. Ein jüngster Rückgang von 4,5 % in der letzten Woche erfordert eine Untersuchung der langfristigen Geschichte des Unternehmens.
Die Analyse konzentriert sich darauf, ob ein positiver dreijähriger Gewinn durch starke Fundamentaldaten angetrieben wird. Das Unternehmen ist innerhalb der letzten drei Jahre neu profitabel geworden, was einen Erwartungswert für Kurssteigerungen nahelegt. Allerdings untersucht der Artikel, ob Umsatzwachstum dieses Rentabilitäts begleitet. Es wird empfohlen, Analysten-Umsatzprognosen zu prüfen.
Der Artikel beinhaltet eine Betrachtung des Gewinns pro Aktie (EPS), um die Anlegerstimmung im Zusammenhang mit der Unternehmensleistung zu beurteilen. Ein Vergleich zwischen dem EPS-Wachstum und dem Aktienkurs ist entscheidend für das Verständnis der Marktperspektive.
Aroundtowns Total Shareholder Return (TSR) für das Jahr lag grob im Einklang mit der Marktdurchschnitt (15 %), was einen kleinen positiven "Silberstreif" angesichts eines fünfjährigen durchschnittlichen jährlichen Verlusts von 3 % darstellt. Obwohl die oft zitierte Weisheit lautet: "Umtriebe drehen sich selten", gibt es für das Unternehmen vielversprechende Anzeichen.
Der Artikel betont die Bedeutung, mehrere Faktoren bei der Bewertung einer Aktie zu berücksichtigen, insbesondere Risiken. Er identifiziert drei spezifische Warnzeichen für Aroundtown und rät Investoren, diese ernst zu nehmen.
Schließlich weist der Artikel darauf hin, dass Investoren andere Anlagechancen erkunden sollten. Er leitet die Leser zu einer Liste von Unternehmen weiter, die prognostiziert wird, dass sie Gewinne erzielen, und erinnert sie daran, dass der Marktanteil die Durchschnittswerte aus Aktien, die an Börsen in Deutschland gehandelt werden, berücksichtigt.
Wichtig ist, dass Simply Wall St klarstellt, dass dieser Artikel allgemeiner Natur ist und keine Finanzberatung darstellt. Ihre Analyse basiert auf historischen Daten und Analystenprognosen und ist darauf ausgelegt, unvoreingenommen zu sein. |
03.09.25 04:52:13 |
Ich finde, Aroundtowns Zahlen sind für seine Rentabilität eher ein schlechtes Zeichen. |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
**Zusammenfassung (ca. 500 Wörter)**
Die Analyse von Aroundtown SA (ETR:AT1) zeichnet ein vorsichtiges Bild, trotz der jüngsten starken Zahlen. Obwohl das Unternehmen positive Ergebnisse veröffentlicht hat, war die Reaktion der Anleger gedämpft, was Bedenken hinsichtlich der Nachhaltigkeit dieser Zahlen nahelegt.
Das Kernproblem liegt in der deutlichen Zunahme der „nicht-betrieblichen Einnahmen“. Diese Einnahmen, die oft staatliche Zuschüsse oder Einmalerträge beinhalten, werden separat von den Kerneinnahmen des operativen Geschäfts ausgewiesen. Die Analyse betont, dass diese nicht-betrieblichen Einnahmen Aroundtowns Gewinne erheblich gesteigert haben, von -€128,3m auf €12,6m im vergangenen Jahr. Dennoch vermuten die Analysten, dass dieser Schub nicht nachhaltig ist, ähnlich wie bei einer kurzfristigen „hochwertigen Kohleförderung“ – einer vorübergehenden Steigerung, die unwahrscheinlich fortgesetzt wird.
Darüber hinaus trug ein Anstieg von €774m zum Gewinn beigetragen, der ebenfalls auf „ungewöhnliche Positionen“ zurückzuführen war. Während höhere Gewinne grundsätzlich positiv sind, betonen die Analysten die Bedeutung nachhaltiger Gewinne. Der Text weist darauf hin, dass „ungewöhnliche Positionen“ bei börsennotierten Unternehmen üblich sind und oft isolierte Vorkommnisse darstellen.
Insgesamt wird vermutet, dass Aroundtowns ausgewiesene Gewinne potenziell „niedriger Qualität“ sind – aufgebläht durch diese vorübergehenden Anreize. Dies deutet darauf hin, dass Investoren ein übermäßig optimistisches Bild der tatsächlichen finanziellen Leistung des Unternehmens erhalten könnten.
Die Analyse plädiert für eine eingehendere Untersuchung und rät Investoren, Risiken und alternative Kennzahlen zu berücksichtigen. Der Artikel betont die Notwendigkeit eines nachhaltigen Gewinns und warnt davor, sich nur auf Schlagzeilen zu verlassen.
Der Text empfiehlt zudem, weitere Informationen zu suchen, wie z. B. Unternehmen mit hoher Kapitalrendite oder bedeutenden Insiderbesitz. Er stellt klar, dass eine umfassende Bewertung sowohl quantitative als auch qualitative Faktoren berücksichtigt sollte.
Schließlich stellt der Artikel klar, dass diese Analyse auf historischen Daten und Analystenprognosen basiert und nicht als Finanzberatung gedacht ist. Es handelt sich um eine allgemeine Bemerkung und berücksichtigt keine individuellen Anlageziele oder finanzielle Umstände.
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29.08.25 04:10:40 |
Um die Zahlen von Aroundtown für das zweite Quartal 2025 zu besprechen: EPS beträgt 0,12 Euro (im Vergleich zu einem V |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
**Zusammenfassung der Ergebnisse von Aroundtown (ETR:AT1) – Zweites Quartal 2025**
Aroundtown (ETR:AT1) veröffentlichte starke Ergebnisse für das zweite Quartal 2025. Der Umsatz stieg um 13 % auf 381,6 Mio. €. Der Nettogewinn erhöhte sich deutlich um 132,4 Mio. € und stellte den Verlust von 368,2 Mio. € aus dem zweiten Quartal 2024 zurück. Dies führte zu einer gesunden Gewinnmarge von 35 %. Trotz eines prognostizierten Rückgangs von 20 % für die deutsche Immobilienbranche erwartet Aroundtown ein durchschnittliches jährliches Umsatzwachstum von 1,2 % in den nächsten drei Jahren. Während der Aktienkurs des Unternehmens leicht gestiegen ist, wurden drei potenzielle Warnzeichen identifiziert, die berücksichtigt werden sollten. Der Bericht betont eine langfristige fundamentale Analyse, wobei klargestellt wird, dass es sich nicht um Finanzberatung handelt und keine aktuellen Unternehmensankündigungen oder qualitative Informationen berücksichtigt werden.
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23.07.25 04:25:04 |
Rundtown SA (ETR:AT1) Aktien könnten 49% unter ihrem Intrinsic Value Estimate sein |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
**Aroundtown SA (AT1) Bewertungsanalyse**
**Key Insights* *
* Der projizierte Fair Value für Aroundtown beträgt 6,25 € basierend auf 2-stufigem Free Cashflow zu Eigenkapital Aktueller Aktienkurs von 3,20 € schlägt vor, dass Aroundtown möglicherweise 49% unterbewertet ist
* 2,90 € Analystpreisziel für AT1 ist 54% weniger als unsere Schätzung des beizulegenden Zeitwerts
**Valuationsmethoden*
* Das Discounted Cash Flow (DCF) Modell wird verwendet, um die Attraktivität von Aroundtown SA (ETR:AT1) als Investitionsmöglichkeit zu schätzen
* Das Modell berücksichtigt zwei Stadien des Unternehmenswachstums, wobei der Schwerpunkt auf der Abrechnung der Wachstumsraten in den ersten Jahren liegt.
* Das 2-stufige Wachstumsmodell nimmt im Anfangszeitraum eine höhere Wachstumsrate und in der zweiten Stufe eine stabile Wachstumsrate ein.
**Schritte Berechnung* *
* Schätzung der nächsten zehn Jahre der Cashflows, wobei Analyseschätzungen, soweit möglich, oder Extrapolation von früheren FCFs verwendet werden
* Diskontieren Sie die zukünftigen Cashflows auf ihren geschätzten Wert in den heutigen Dollars mit einer Eigenkapitalkosten von 9,9%
* Berechnen des Terminal-Wertes, was eine konservative Wachstumsrate von 1,3% für die Staatsanleihen-Ausbeute verwendet
* Berechnen Sie den aktuellen Wert des Terminal-Wertes, mit einem Eigenkapital von 9,9%
* Berechnung des Gesamtwerts oder des Eigenkapitalwerts, der in diesem Fall 6,8 Mrd. € beträgt
**Vorläufiger Wert des 10-jährigen Cash Flow (PVCF) = 3,8 Mrd. €**
Aktueller Wert von Terminal Value (PVTV) = €3,0b
**Ausschluss* *
* Das Unternehmen scheint zu einem Rabatt von 49 % auf seinen aktuellen Aktienkurs unterschätzt zu werden
* Die Annahmen in der Bewertung haben erhebliche Auswirkungen auf das Endergebnis, was die Bedeutung einer gründlichen Analyse in der Bewertung hervorhebt
* Die einfache Wand St Analysemodell bietet einen nützlichen Rahmen für die Bewertung von Unternehmensbewertungen
**Herausforderungen und Einschränkungen*
* Das DCF-Modell unterliegt Annahmen und Einschränkungen, wie eine konservative Wachstumsrate
* Der verwendete Diskontsatz darf die Erwartungen des Marktes für das zukünftige Wachstum des Unternehmens nicht genau widerspiegeln.
* Weitere Analysen sind erforderlich, um die Bewertung zu verfeinern und die Genauigkeit zu verbessern
**Empfehlung* *
* Weitere Analysen werden empfohlen, die Bewertung zu verfeinern und die Genauigkeit zu verbessern
* Die einfache Wand St Analysemodell bietet einen nützlichen Rahmen für die Bewertung von Unternehmensbewertungen
* Ein gründliches Verständnis der Annahmen und Einschränkungen des DCF-Modells ist notwendig, um genaue Bewertungen zu erhalten |
02.07.25 05:59:36 |
Aroundtown SA's (ETR:AT1) largest shareholders are individual investors with 35% ownership, private companies own 21% |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Key Insights
Significant control over Aroundtown by individual investors implies that the general public has more power to influence management and governance-related decisions A total of 4 investors have a majority stake in the company with 52% ownership 14% of Aroundtown is held by insiders
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If you want to know who really controls Aroundtown SA (ETR:AT1), then you'll have to look at the makeup of its share registry. We can see that individual investors own the lion's share in the company with 35% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
And private companies on the other hand have a 21% ownership in the company.
Let's take a closer look to see what the different types of shareholders can tell us about Aroundtown.
See our latest analysis for Aroundtown XTRA:AT1 Ownership Breakdown July 2nd 2025
What Does The Institutional Ownership Tell Us About Aroundtown?
Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.
As you can see, institutional investors have a fair amount of stake in Aroundtown. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Aroundtown, (below). Of course, keep in mind that there are other factors to consider, too.XTRA:AT1 Earnings and Revenue Growth July 2nd 2025
Hedge funds don't have many shares in Aroundtown. Looking at our data, we can see that the largest shareholder is TLG Immobilien AG with 17% of shares outstanding. In comparison, the second and third largest shareholders hold about 14% and 14% of the stock.
On looking further, we found that 52% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too.
Story Continues
Insider Ownership Of Aroundtown
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances.
It seems insiders own a significant proportion of Aroundtown SA. It is very interesting to see that insiders have a meaningful €481m stake in this €3.4b business. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
With a 35% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Aroundtown. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
Private Company Ownership
Our data indicates that Private Companies hold 21%, of the company's shares. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.
Public Company Ownership
Public companies currently own 17% of Aroundtown stock. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Aroundtown better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Aroundtown you should be aware of.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this freereport on analyst forecasts.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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30.03.25 07:23:02 |
Aroundtown Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Aroundtown (ETR:AT1) Full Year 2024 Results
Key Financial Results
Revenue: €1.50b (up 3.2% from FY 2023). Net income: €52.9m (up from €1.99b loss in FY 2023). Profit margin: 3.5% (up from net loss in FY 2023). EPS: €0.048 (up from €1.82 loss in FY 2023).
This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.XTRA:AT1 Revenue and Expenses Breakdown March 30th 2025
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aroundtown EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates.
The primary driver behind last 12 months revenue was the Commercial Portfolio segment contributing a total revenue of €946.9m (63% of total revenue). The most substantial expense, totaling €831.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how AT1's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 17% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are up 5.3% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Aroundtown (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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29.03.25 06:01:33 |
Aroundtown SA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Investors in Aroundtown SA (ETR:AT1) had a good week, as its shares rose 5.3% to close at €2.55 following the release of its full-year results. Revenues of €1.5b reported a marginal miss, falling short of forecasts by 4.3%, but earnings were better than expected - statutory profits came in at €0.05 per share, a nice change from the loss the analysts expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
The end of cancer? These 15 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.XTRA:AT1 Earnings and Revenue Growth March 29th 2025
Taking into account the latest results, Aroundtown's eight analysts currently expect revenues in 2025 to be €1.53b, approximately in line with the last 12 months. Per-share earnings are expected to bounce 611% to €0.34. In the lead-up to this report, the analysts had been modelling revenues of €1.58b and earnings per share (EPS) of €0.32 in 2025. So it's pretty clear that while sentiment around revenues has declined following the latest results, the analysts are now more bullish on the company's earnings power.
See our latest analysis for Aroundtown
The consensus has made no major changes to the price target of €2.92, suggesting the forecast improvement in earnings is expected to offset the decline in revenues next year. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Aroundtown at €4.20 per share, while the most bearish prices it at €1.70. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that Aroundtown's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 1.8% growth on an annualised basis. This is compared to a historical growth rate of 3.7% over the past five years. Compare this with other companies in the same industry, which are forecast to see a revenue decline of 17% annually. Factoring in the forecast slowdown in growth, it's pretty clear that Aroundtown is still expected to grow faster than the wider industry.
Story Continues
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Aroundtown's earnings potential next year. Sadly they also cut their revenue estimates, although at least the company is expected to perform a bit better than the wider industry. Still, earnings are more important to the intrinsic value of the business. The consensus price target held steady at €2.92, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Aroundtown. Long-term earnings power is much more important than next year's profits. We have forecasts for Aroundtown going out to 2027, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 2 warning signs for Aroundtown (1 makes us a bit uncomfortable!) that you should be aware of.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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26.03.25 07:57:00 |
Aroundtown (ETR:AT1 shareholders incur further losses as stock declines 4.3% this week, taking three-year losses to 54% |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
The truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term Aroundtown SA (ETR:AT1) shareholders have had a particularly rough ride in the last three year. So they might be feeling emotional about the 57% share price collapse, in that time. The falls have accelerated recently, with the share price down 18% in the last three months.
With the stock having lost 4.3% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
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While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
Aroundtown has made a profit in the past. However, it made a loss in the last twelve months, suggesting profit may be an unreliable metric at this stage. Other metrics might give us a better handle on how its value is changing over time.
Arguably the revenue decline of 3.1% per year has people thinking Aroundtown is shrinking. After all, if revenue keeps shrinking, it may be difficult to find earnings growth in the future.
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).XTRA:AT1 Earnings and Revenue Growth March 26th 2025
Aroundtown is well known by investors, and plenty of clever analysts have tried to predict the future profit levels. Given we have quite a good number of analyst forecasts, it might be well worth checking out this freechart depicting consensus estimates.
What About The Total Shareholder Return (TSR)?
We've already covered Aroundtown's share price action, but we should also mention its total shareholder return (TSR). The TSR attempts to capture the value of dividends (as if they were reinvested) as well as any spin-offs or discounted capital raisings offered to shareholders. Aroundtown's TSR of was a loss of 54% for the 3 years. That wasn't as bad as its share price return, because it has paid dividends.
A Different Perspective
It's good to see that Aroundtown has rewarded shareholders with a total shareholder return of 37% in the last twelve months. There's no doubt those recent returns are much better than the TSR loss of 7% per year over five years. This makes us a little wary, but the business might have turned around its fortunes. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with Aroundtown .
Story Continues
If you like to buy stocks alongside management, then you might just love this freelist of companies. (Hint: many of them are unnoticed AND have attractive valuation).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on German exchanges.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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21.01.25 12:25:54 |
Aroundtown SA's (ETR:AT1) biggest owners are individual investors who got richer after stock soared 9.3% last week |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Key Insights
Aroundtown's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 4 investors have a majority stake in the company with 52% ownership Insider ownership in Aroundtown is 14%
To get a sense of who is truly in control of Aroundtown SA (ETR:AT1), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 31% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
As a result, individual investors were the biggest beneficiaries of last week’s 9.3% gain.
Let's delve deeper into each type of owner of Aroundtown, beginning with the chart below.
See our latest analysis for Aroundtown XTRA:AT1 Ownership Breakdown January 21st 2025
What Does The Institutional Ownership Tell Us About Aroundtown?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
Aroundtown already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Aroundtown, (below). Of course, keep in mind that there are other factors to consider, too.XTRA:AT1 Earnings and Revenue Growth January 21st 2025
We note that hedge funds don't have a meaningful investment in Aroundtown. Looking at our data, we can see that the largest shareholder is TLG Immobilien AG with 17% of shares outstanding. In comparison, the second and third largest shareholders hold about 14% and 14% of the stock.
Our research also brought to light the fact that roughly 52% of the company is controlled by the top 4 shareholders suggesting that these owners wield significant influence on the business.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of Aroundtown
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.
Story Continues
I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
It seems insiders own a significant proportion of Aroundtown SA. It has a market capitalization of just €3.0b, and insiders have €419m worth of shares in their own names. That's quite significant. It is good to see this level of investment. You can check here to see if those insiders have been buying recently.
General Public Ownership
The general public, who are usually individual investors, hold a 31% stake in Aroundtown. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Private Company Ownership
It seems that Private Companies own 21%, of the Aroundtown stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research.
Public Company Ownership
Public companies currently own 17% of Aroundtown stock. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership.
Next Steps:
It's always worth thinking about the different groups who own shares in a company. But to understand Aroundtown better, we need to consider many other factors. Take risks for example - Aroundtown has 1 warning sign we think you should be aware of.
If you would prefer discover what analysts are predicting in terms of future growth, do not miss this freereport on analyst forecasts.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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