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XETRBRNK
Market cap130mUSD
Apr 23, Last price  
1.50EUR
Name

DIC Asset AG

Chart & Performance

D1W1MN
XETR:BRNK chart
P/E
P/S
0.46
EPS
Div Yield, %
47.58%
Shrs. gr., 5y
3.17%
Rev. gr., 5y
17.66%
Revenues
272m
+31.26%
000208,187,000171,320,000142,660,000133,046,000147,015,000147,285,000180,495,000163,137,000133,647,000130,806,000120,627,000122,778,000122,830,000131,601,000207,225,000272,012,000
Net income
-66m
L
00025,174,00016,129,00016,465,00010,602,00011,690,00015,939,00014,821,00020,414,000-28,214,00063,592,00047,691,00080,911,00070,013,00057,795,00042,858,000-65,960,000
CFO
97m
-38.91%
15,454,00040,499,00074,904,00037,188,00038,708,00037,717,00038,361,00043,895,00042,014,00034,904,00053,015,00033,948,00056,523,00061,854,00064,841,00067,429,00043,395,000158,857,00097,053,000
Dividend
Mar 31, 20230.75 EUR/sh

Profile

DIC Asset AG is one of Germany's leading listed property companies, and specialises in commercial real estate. With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 169 assets with a combined market value of c. EUR 5.6 billion under management. DIC uses a hybrid business model to manage its business divisions Commercial Portfolio, Funds and Other Investments. Taking an active asset management approach, DIC employs its proprietary, integrated real estate management platform to raise capital appreciation potential in its business divisions and to boost its revenues. In its Commercial Portfolio division (EUR 1.7 billion in assets under management), DIC acts as proprietor and property asset holder, and thus generates revenues both from the management of the assets and through the value optimisation of its own real estate portfolio. The Funds division (EUR 1.6 billion in assets under management) generates its revenues by acting as issuer and manager of special real estate funds for institutional investors. Gathered in the business unit Other Investments (EUR 2.3 billion in assets under management) are strategic financial investments, the management of properties in which the company holds no equity stakes, equity investments in property developments and joint venture investments. DIC Asset AG has been included in the SDAX(R) segment of the Frankfurt Stock Exchange since June 2006. The Company's shares are also included in the EPRA index, which tracks the performance of the most important European real estate companies.
IPO date
May 05, 2003
Employees
334
Domiciled in
DE
Incorporated in
DE

Valuation

Title
EUR in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
272,012
31.26%
207,225
57.46%
131,601
7.14%
Cost of revenue
74,779
84,394
55,054
Unusual Expense (Income)
NOPBT
197,233
122,831
76,547
NOPBT Margin
72.51%
59.27%
58.17%
Operating Taxes
(13,634)
17,053
14,051
Tax Rate
13.88%
18.36%
NOPAT
210,867
105,778
62,496
Net income
(65,960)
-253.90%
42,858
-25.84%
57,795
-17.45%
Dividends
(59,642)
(43,477)
(37,363)
Dividend yield
21.15%
6.90%
2.98%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
623,380
404,803
297,991
Long-term debt
2,370,298
2,702,294
1,881,483
Deferred revenue
4,000
4,551
Other long-term liabilities
3,070
(808)
(4,546)
Net debt
2,835,036
2,728,913
1,425,826
Cash flow
Cash from operating activities
97,053
158,857
43,395
CAPEX
(145)
(52,752)
(17,344)
Cash from investing activities
306,205
(700,323)
(567,106)
Cash from financing activities
(246,112)
86,944
696,006
FCF
233,562
(23,107)
(173,657)
Balance
Cash
158,642
180,483
545,361
Long term investments
197,701
208,287
Excess cash
145,041
367,823
747,068
Stockholders' equity
619,725
1,753,589
1,209,424
Invested Capital
4,349,527
4,357,634
2,533,485
ROIC
4.84%
3.07%
2.67%
ROCE
4.19%
2.47%
2.30%
EV
Common stock shares outstanding
83,427
82,689
81,504
Price
3.38
-55.64%
7.62
-50.42%
15.37
14.19%
Market cap
281,984
-55.25%
630,094
-49.70%
1,252,724
17.19%
EV
3,599,418
3,919,568
2,683,582
EBITDA
353,257
196,714
119,533
EV/EBITDA
10.19
19.93
22.45
Interest
110,694
71,217
59,257
Interest/NOPBT
56.12%
57.98%
77.41%