BriQ Properties Real Estate Investment Company (BRIQ.AT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+720.4%

€27.32

vs €3.33 price

Levered DCF

€6.27

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.52

Distress zone

Rating

S-

Overall 5 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	5.29×	2.68×	4.73×	6.09×	9.95×	36.35×	5.33×	8.54×
P/B	0.77×	0.5×	0.62×	0.7×	0.87×	0.83×	0.34×	0.8×
P/S	6.25×	4.85×	7.34×	8.62×	12.79×	18.99×	9.72×	11.24×
EV / EBITDA	7.34×	5.52×	5.85×	7.57×	11.59×	35.13×	0.55×	10.33×
Gross margin	90.7%	93.2%	89.6%	100.0%	100.0%	84.5%	85.8%	86.6%
Operating margin	80.6%	221.6%	165.2%	165.4%	143.2%	72.0%	198.2%	145.4%
Net margin	117.5%	181.3%	155.1%	139.3%	128.7%	52.2%	183.8%	132.4%
Current ratio	7.38×	1.36×	1.55×	1.11×	1.5×	0.34×	22.82×	1.15×
Debt / equity	0.58×	0.84×	0.34×	0.35×	0.34×	0.22×	0.15×	0.31×
Interest coverage	3.49×	6.7×	7.97×	14.37×	18.44×	0×	12.81×	71.86×
Dividend yield	2.7%	4.9%	5.5%	3.9%	2.7%	2.0%	2.3%	1.7%
Payout ratio	14.6%	13.0%	26.2%	23.8%	27.2%	72.6%	12.1%	14.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	14.5%	18.6%	13.0%	11.3%	8.7%	2.3%	6.4%	9.4%
Return on invested capital	5.8%	11.5%	9.3%	9.2%	6.8%	2.3%	5.8%	7.2%
Return on assets	8.8%	9.6%	9.0%	7.8%	6.1%	1.7%	5.5%	7.0%
Free cash flow yield	6.0%	1.0%	7.9%	0.8%	-5.2%	-4.2%	6.0%	5.1%
Earnings yield	18.8%	37.3%	21.1%	16.2%	10.1%	2.7%	18.9%	11.8%
Enterprise value	€235.9M	€197.3M	€101.1M	€100.3M	€103.5M	€86.2M	€3.3M	€32.8M
Net debt / EBITDA	3.16×	3.39×	1.98×	2.36×	2.9×	6.65×	-4.16×	2.63×
Cash conversion cycle (days)	-401	-336	-453	-397	-718	-632	-1,018	-52,223