Added to YB: 2025-12-01
Pitch date: 2025-11-27
UBS.VI [neutral]
UBM Development AG
-8.62%
current return
Author Info
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Company Info
UBM Development AG, together with its subsidiaries, engages in the development, management, and sale of real estate properties in Germany, Austria, Poland, and internationally.
Market Cap
EUR 166.3M
Pitch Price
EUR 23.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
79.22
P/E
-5.56
EV/Sales
4.45
Sector
Real Estate Management and Development
Category
turnaround
UBM Development (UBS Austria): residential lift helps steady the ship, but offices remain stuck in limbo
UBS.VI (update): Q3 revenue +84% to €38M on residential strength (147 apartments sold vs 121 in Q2), pre-tax profit €1.9M vs €0.5M Q2, broke even after losses. NAV €30.6/share (+1%). Office segment stalled, Timber projects lack leasing progress. €583M net debt, 30% equity ratio. Expects profitable H2 with ~95 Q4 apartment sales.
Read full article (2 min)