1. Germany Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Diversified
Aroundtown S.A.

Aroundtown S.A.

AT1.DE
Aroundtown S.A.DE flagDeutsche Börse
2.37
EUR
-0.03
- -
2.45BMarket Cap
Aroundtown S.A.
AT1.DE
(Deutsche Börse)

Recent

price

2.37

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.34
0.51
0.23
0.36
0.64
0.71
0.76
0.77
0.93
1.1
1.09
1.08
1.08
1.24
Revenue per Share
0.27
1.43
1.26
1.12
1.6
1.58
1.16
0.57
0.64
-0.47
-1.68
0.23
0.8
0.64
Basic EPS, GAAP
0.13
0.27
0.17
0.27
0.44
0.45
0.52
0.44
0.54
0.71
0.69
0.73
0.72
0.71
Free Cash Flow per Basic Share
- -
- -
- -
0.05
0.19
0.21
0.18
0.02
0.22
0.15
- -
- -
- -
- -
Dividend per Share
0.72
2.21
3.24
3.76
4.37
4.96
5.61
5.62
6.78
6.64
4.98
5.03
5.62
5.66
Book Value per Share
1.64
2.43
4.43
6.01
8.81
9.44
11.4
11.3
14.93
14.88
12.79
12.7
12.93
13.07
Tangible Book Value per Share
529
500
547
653
822
1,053
1,173
1,305
1,168
1,110
1,093
1,094
1,094
1,095
Basic Weighted Avg Shares
181
257
125
233
527
747
895
1,003
1,086
1,222
1,193
1,181
1,183
1,360
Sales/Revenue/Turnover
42.54
51.68
73.78
81.58
69.3
67.66
71.48
68.45
67.57
69.76
75.43
78.45
78.51
68.14
Operating Margin (%)
- -
1
- -
2
2
2
2
4
16
21
18
20
18
18
Depreciation Expense
141
715
687
732
1,311
1,666
1,366
741
748
-527
-1,834
256
872
702
Net Income, GAAP
11.29
5.59
10.47
11.98
16.16
12.34
17.03
29.36
22.67
- -
- -
30.7
- -
46.22
Effective Tax Rate (%)
77.9
277.98
548.8
313.58
248.8
223.06
152.65
73.91
68.9
-43.12
-153.77
21.7
73.67
51.64
Profit Margin (%)
124
117
191
751
958
1,496
2,886
3,707
3,922
3,566
3,152
2,651
2,619
2,482
Working Capital
735
387
1,523
3,386
5,082
7,449
9,878
11,786
15,194
14,821
14,134
13,011
13,397
13,070
LT Debt
872
1,222
2,426
3,941
7,250
9,944
13,379
15,583
19,156
17,823
15,150
15,010
15,022
15,198
Total Equity
- -
7.59
2.88
2.9
3.09
2.98
2.59
1.9
1.81
- -
- -
2.16
- -
2.62
Return on Invested Capital (%)
- -
33.87
17.47
11.94
14.51
14.19
7.29
3.65
2.28
- -
- -
1.6
- -
5.38
Return on Capital (%)
- -
96.08
47.72
34.61
43.35
37.82
23.16
10.66
9.81
-6.89
-28.62
4.68
14.96
11.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,923
1,781
2,134
LT Borrowings
11,476
13,170
13,070
LT Finance Leases
- -
226
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,094
1,094
1,036
Market Capitalization
3,589
2,918
2,486

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,701
5,606
5,778
Cash, Cash Equivalents & STI
2,662
4,077
4,084
Accounts Receivable, Net
1,218
567
909
Inventories
- -
- -
- -
Total Current Liabilities
3,159
2,987
3,296
Payables & Accruals
- -
- -
- -
ST Debt
1,923
1,781
2,134
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.47%
0.03%
0.08%
Free Cash Flow
28.08%
6.82%
-1.71%
Net Income, GAAP
25.36%
40.92%
240.03%
Sales/Revenue/Turnover
30.35%
3.52%
0.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
293
385
387
298
1,181
2025
295
381
386
296
1,183
2026
297
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
-0.29
0.14
- -
0.23
2025
0.25
0.17
0.22
- -
0.8
2026
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
The Howard Hughes Corporation (HHC)
Xi S&D Inc. (317400.KS)
Comstock Holding Companies, Inc. (CHCI)
China Uptown Group Company Limited (2330.HK)
G City Ltd (GZT.TA)
Henderson Land Development Company Limited (HLDVF)
Business
Aroundtown S.A. is a Luxembourg-based real estate company specializing in income-generating quality properties with value-add potential in central locations of top-tier European cities, primarily in Germany, the Netherlands, and London. Founded in 2004 and headquartered in Luxembourg City, the company invests in commercial real estate including offices, hotels, retail, logistics, as well as residential real estate through its publicly traded subsidiary Grand City Properties S.A., which focuses on value-add residential opportunities predominantly in Germany. Aroundtown operates a fully integrated real estate value chain targeting repositioning and operational improvements to enhance rent, occupancy, and overall portfolio value. The company's portfolio is diversified geographically within major metropolitan areas such as Berlin, Frankfurt, Munich, Cologne, Hamburg, Amsterdam, and London. Recent major changes include the launch of innovative initiatives like ATechX, a PropTech accelerator developed in partnership with global proptech venture capital firms and real estate investors, focusing on CO2 reduction, building digitization, ESG optimization, and cost efficiencies. Aroundtown also introduced ATworld, a user experience platform designed to enhance tenant experiences across its office and hotel spaces through a connected network of services and locations. Financially, Aroundtown reported solid operational growth in fiscal year 2024, with €1.18 billion net rental income supported by 2.9% like-for-like lease growth despite some asset disposals, an increase in adjusted EBITDA to €1.01 billion, a reduced loan-to-value ratio of 42%, and strengthened balance sheet metrics. The company is advancing ESG initiatives, with green certifications covering 65% of its office portfolio and 30% of its hotel portfolio, alongside recognized sustainability awards and index inclusions. Aroundtown’s business segments include its commercial portfolio and residential portfolio via Grand City Properties S.A., serving institutional investors, corporate clients, and tenants across Europe. The company's strategy focuses on acquiring quality, cash-generating real estate with upside potential and deploying intensive property management and operational repositioning to create secure cash flow and long-term growth. It maintains subsidiaries including TLG MVF GmbH and AT Securities BV, operating primarily across Germany, the Netherlands, the United Kingdom, and Belgium. The company continues to pursue strategic disposals, bond issuances, and portfolio refinements aimed at optimizing financial and operational performance within the European real estate market.