Added to YB: 2025-01-29
Pitch date: 2024-12-31
TEG.DE [bullish]
TAG Immobilien AG
-4.51%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
TAG Immobilien AG, a real estate company, engages in the development, management, and sale of residential property portfolio in Germany.
Market Cap
EUR 2.4B
Pitch Price
EUR 13.54
Price Target
N/A
Dividend
3.13%
EV/EBITDA
18.59
P/E
44.06
EV/Sales
6.05
Sector
Real Estate Management and Development
Category
value
Show full summary:
Third Avenue International Real Estate Value Fund Portfolio Holding: TAG Immobilien AG
TEG.DE: German residential owner with 83k units + Polish subsidiary ROBYG. Building Polish rental portfolio to 10k units in 4 years. German units valued at $66k/unit, below replacement cost. Polish potential not priced in. Trades at discount to private market value, like other EU/UK property cos.
Read full article (2 min)