| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 14.68 | 2389 |
| Graham Formula | 71.48 | 12015 |
EYEMAXX Real Estate AG is a German real estate development company specializing in residential, commercial, and mixed-use properties across Germany and Austria. Founded in 1996 and headquartered in Frankfurt, the company focuses on developing and selling residential units, offices, micro and student apartments, hotels, serviced apartments, and urban quarters, as well as retail and logistics properties. Additionally, EYEMAXX offers property rental services, enhancing its revenue streams. Operating in the competitive real estate development sector, the company leverages its regional expertise to capitalize on urban demand for modern, functional spaces. With a market capitalization of approximately €4.4 million, EYEMAXX plays a niche role in Germany's real estate market, targeting high-demand segments such as affordable housing and urban redevelopment. Its diversified portfolio and strategic focus on key German and Austrian cities position it as a relevant player in the European real estate landscape.
EYEMAXX Real Estate AG presents a mixed investment profile. The company reported €8.5 million in revenue and €6.2 million in net income for FY 2019, with a diluted EPS of €0.99, indicating profitability. However, negative operating cash flow (-€10.2 million) and high total debt (€196.4 million) raise liquidity concerns. The absence of dividends may deter income-focused investors. The company's niche focus on German and Austrian urban real estate offers growth potential, but its small market cap and high leverage introduce significant risk. Investors should weigh its regional market expertise against financial stability concerns.
EYEMAXX Real Estate AG operates in a highly competitive real estate development sector, where scale, financing access, and regional expertise are critical. The company's competitive advantage lies in its focused portfolio targeting high-demand urban segments like micro-apartments and student housing, which benefit from urbanization trends. However, its small size (€4.4 million market cap) limits its ability to compete with larger developers in terms of project scale and financing costs. The company's negative operating cash flow and high debt burden further constrain its competitive positioning. While its regional specialization in Germany and Austria provides localized market insights, larger competitors with stronger balance sheets dominate the sector. EYEMAXX's ability to secure prime urban development sites and execute projects efficiently is key to its differentiation, but financial constraints may hinder its growth relative to better-capitalized peers.