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TLG.HM$12.30+0.83%
Fair $12.30+0.0%

TLG.HM

TLG Immobilien AG

Real Estate / Real Estate ServicesHamburg

$12.30

+0.10 (+0.83%)

Fairly Valued+0.0%Fair Value $12.30Fund rank 35/100 · Data gapFallback financials|
SA 36/D
F-Score: 5/9
Declining RevenueLow Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 8.0/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 69/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

36/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Revenue has declined for 3 consecutive years ROE is 2.0%, below the 5% threshold
Thesis & Journal · TLG.HMLocal privado en este navegador · TLG Immobilien AG
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.1B

P/E

28.0x

↑

EV/EBITDA

46.2x

↑

ROE

2.0%

↓

Gross Margin

67.0%

↑

Debt/Equity

0.36

↓
52-Week Range$12
$10$16

TradingView lightweight chart

TLG.HM price, volumen y niveles de valoración

Último $12.10Periodo +11.8%
Fair value: $12.30

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

-12.9%

FCF CAGR

-26.3%

FCF margin

43.5%

FCF / Net income

1.50x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $143.8M · net income $41.7M · FCF $62.6M

2021-FY → 2024-FY

Gross margin

67.0%-5.6% pts

Operating margin

59.2%-3.0% pts

Net margin

29.0%-115.7% pts

FCF margin

43.5%-28.3% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$143.8M$143.8M$175.0M$203.2M$217.6M
Net Income$41.7M$41.7M$-567.7M$54.9M$314.8M
EBITDA$35.2M$35.2M$-659.8M$67.9M$446.8M
EPS0.440.44-6.100.413.12
Gross Margin67.0%67.0%68.9%67.8%72.5%
Operating Margin59.2%59.2%62.2%58.6%62.2%
Net Margin29.0%29.0%-324.4%27.0%144.7%
Balance Sheet
Debt/Equity0.360.360.330.240.18
Current Ratio2.242.24———
Cash Flow
Free Cash Flow$62.6M$62.6M$60.6M$180.8M$156.2M
Returns
ROE2.0%2.0%-26.8%2.0%9.2%
Valuation
P/E27.9527.95—43.909.46
EV/EBITDA46.2246.22—32.576.95
P/B0.560.560.660.600.81
Growth & Yield
Revenue Growth-17.8%-17.8%-13.9%-6.6%—
EPS Growth107.2%107.2%-1587.8%-86.9%—
Dividend Yield6.5%6.5%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

35.4%

muy exigente

EPS terminal req.

$1.09

Spread vs growth

71.8%

5Y implied EPS CAGR

24.6%

exigente

EPS terminal req.

$1.32

Spread vs growth

82.6%

10Y implied EPS CAGR

17.1%

exigente

EPS terminal req.

$2.13

Spread vs growth

90.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -11.7%

Total return

-11.7%

Start / end P/E

n/dx → n/dx

EPS bridge

-6.10 → 0.44

Residual

-18.2%

EPS growthn/d
Multiple reratingn/d
Dividend+6.5%
Residual / FX / buybacks / cross-term-18.2%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.