Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
DWNI.DEthis companyDeutsche Wohnen SE	€15.88	7.16×	0.58×	6.09×	18.67×	-1278.2%	0.6%	15.2%	84.9%	8.1%	0.8%	7.1%	0.57×	8.98×	1.28×	0.68×	0.2%	6	0.9	5	A+
ADADJ.DEAdler Group S.A.	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
GYGYC.DEGrand City Properties S.A.	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
INS.DEInstone Real Estate Group SE	€5.54	7.5×	0.55×	0.81×	5.48×	875.1%	23.1%	3.7%	10.8%	7.3%	0.6%	-9.5%	0.82×	1.56×	0.65×	2.71×	6.5%	7	1.12	4	A+
LEG.DELEG Immobilien SE	€51.00	3.2×	0.54×	3.13×	10.64×	138.1%	37.3%	34.1%	97.8%	16.8%	2.4%	9.5%	1.17×	7.11×	2.51×	0.35×	2.7%	3	0.35	5	S-
TEG.DETAG Immobilien AG	€11.96	25.44×	0.73×	2.45×	10.13×	-18.2%	43.0%	29.9%	9.6%	2.9%	0.7%	9.0%	1.33×	5.75×	2.82×	0.97×	2.3%	5	0.76	2	B-
Peer median	—	7.5×	0.55×	2.45×	10.13×	138.1%	37.3%	29.9%	10.8%	7.3%	0.7%	9.0%	1.17×	5.75×	2.51×	0.97×	2.7%	5	0.76	4	—