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)
HABA.DEthis companyHamborner REIT AG	€4.04	29.8×	0.95×	3.41×	14.18×	79.6%	69.1%	21.6%	11.7%	3.2%	2.2%	12.2%	1.66×	8.82×	1.73×	0.4×	10.7%	5	0.28	2	C
BRNK.DEBranicks Group AG	€0.33	-0.66×	0.25×	0.73×	13.98×	7969.1%	78.8%	-118.4%	-111.7%	-37.4%	-7.7%	29.7%	3.05×	12.86×	-2.42×	0.78×	0.0%	4	-0.7	2	C
DEF.DEDEFAMA Deutsche Fachmarkt AG	€18.15	23.97×	2.84×	4.92×	15.55×	-857.3%	73.9%	50.4%	20.5%	11.9%	4.2%	-9.0%	4.25×	9.29×	2.1×	0.23×	2.2%	2	0.53	2	C+
FC9.DEFCR Immobilien AG	€9.50	9.53×	0.79×	3.34×	18.95×	197.9%	86.1%	65.3%	34.9%	8.2%	5.5%	14.0%	1.7×	12.93×	1.97×	0.7×	3.7%	4	0.55	3	B+
GTY.DEGateway Real Estate AG	€0.28	0.64×	0.39×	1.48×	4.56×	-1131.9%	69.3%	45.9%	230.7%	61.0%	2.0%	-63.3%	3.58×	4.11×	0.43×	0.13×	0.0%	5	0.04	2	B-
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+
Peer median	—	7.5×	0.55×	1.48×	13.98×	197.9%	73.9%	45.9%	20.5%	8.2%	2.0%	-9.0%	3.05×	9.29×	0.65×	0.7×	2.2%	4	0.53	2	—