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)
INS.DEthis companyInstone 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+
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
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-
HABA.DEHamborner 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
RCMN.DERCM Beteiligungs AG	€1.01	-21.15×	1.86×	6.35×	120.34×	-384.0%	92.4%	-25.2%	-26.9%	-7.9%	-1.7%	-38.3%	2.18×	58.37×	-1.03×	3.82×	0.0%	5	0.93	2	C+
Peer median	—	0.64×	0.79×	3.34×	14.18×	79.6%	78.8%	21.6%	11.7%	3.2%	2.0%	12.2%	2.18×	12.86×	0.43×	0.7×	0.0%	5	0.28	2	—