Stock · LEG.DE · Real Estate

LEG Immobilien SE

Germany · Mid Cap · Revenue 12 mo. €1.4B

Price as of 11/06/2026

StockScorer score
5.5
of 10 6 of 11 points Not rated To the score
Price
€50.90
1 Y −30.7%
Market cap
€3.8B
Phase
Scaling
revenue growing, core business only recently profitable
Revenue +9.0% a year (3 years)EBIT margin 34.1%Payout 47.7% of operating cash flow

LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany.

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LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. It engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat. The company also provides information technology (IT) services for third parties and management services for third-party properties. Additionally, it offers residential and commercial units, as well as garages and parking spaces. LEG Immobilien SE was founded in 1970 and is headquartered in Düsseldorf, Germany.

Original text from the data provider

Summary

LEG Immobilien SE is around the middle of the Real Estate sector overall

49.9 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The market value is below the value without growth: the price requires no FCF growth.

Required FCF growth per year

no growth

no growth afterwards

Valuation against its own history

Price to operating cash flow 8.7×, below its usual range.

Middle half of 20 quarters: 11.4× to 14.7×, median 13.2×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 3 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 1.2% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • EBIT margin falling for three quarters −38.1 pp over the last four reports
  • Volatile earnings 3 drops or sign changes in up to 10 years
  • Profit well above operating result 2.68 times EBIT, last 12 months

Since the last quarter

Q1 → Q2 2026

Mostly worse than the previous quarter: 2 of 3 changes for the worse.

  • Gross margin41.5% → 39.1%−2.4 ppworse
  • EBIT margin53.3% → 35.3%−17.9 ppworse
  • Shares outstanding97.8M → 79.6M−18.6%better

5 more unchanged: Revenue, 12 mo., FCF, 12 mo., FCF margin, Net debt, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability57.4around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity16.77%7.47%Rank 92
Return on capital (Greenblatt)279.29%30.55%Rank 82
EBIT margin34.10%45.85%Rank 37
FCF margin29.75%37.62%Rank 44
Gross margin37.32%55.39%Rank 33
Growth63.3above the middleGrows faster than the sector: Earnings growth, 3 years per year 80.95%, sector 3.56%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year14.36%6.62%Rank 76
Earnings growth, 3 years per year80.95%3.56%Rank 98
Earnings growth, 5 years per year−0.90%4.17%Rank 38
Sustainable growth (ROE × retained earnings)1.27%2.49%Rank 42
Valuation76.3above the middleValued lower than the sector: Earnings yield 33.79%, sector 5.58%.
MetricStockSector medianPosition in sector
Earnings yield33.79%5.58%Rank 100
FCF yield11.52%4.79%Rank 94
EV/saleslower is better8.8912.03Rank 68
EV/EBITlower is better26.0623.23Rank 44
Momentum28.2below the middleShare price doing worse than the sector: Share price, 1 year −30.69%, sector −13.68%.
MetricStockSector medianPosition in sector
Share price, 1 year−30.69%−13.68%Rank 13
Share price, 6 months−12.28%−6.91%Rank 32
Share price, 3 months1.53%0.34%Rank 52
Distance from 52-week high−28.11%−18.73%Rank 17
Quality36.0below the middleQuality below the sector: Change in share count 2.26%, sector 0.26%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better3.74%3.12%Rank 44
Change in share countlower is better2.26%0.26%Rank 31
Dividend streak in years14Rank 35
Price reaction to results, market-adjusted−1.27%−0.47%Rank 34
Balance sheet & risk38.6below the middleMore risk than the sector: Debt to equity 1.17, sector 0.92.
MetricStockSector medianPosition in sector
Equity ratio41.08%46.36%Rank 40
Net debt/EBITDAlower is better7.116.62Rank 40
Debt to equitylower is better1.170.92Rank 31
Volatility, 1 yearlower is better27.54%25.05%Rank 43

Ten years in figures

Revenue from €765.2M (2016) to €1.5B (2025), 7.7% a year.

Fiscal years, amounts in EUR
YearRevenueEBIT marginFCF, €MSharesNet debt
2016€765.2M122.4%199.268.6M€3.6B
2017€796.0M175.7%263.970.5M€4.0B
2018€768.5M153.3%281.672.6M€4.4B
2019€812.3M159.3%308.573.1M−€252.1M
2020€860.8M178.4%310.575.7M€5.5B
2021€961.7M234.5%342.479.5M€8.2B
2022€1.1B54.6%311.180.6M€9.1B
2023€1.2B−150.3%432.474.1M€9.1B
2024€1.3B25.0%417.782.9M€9.4B
2025€1.5B34.1%443.484.8M€9.4B
5.5 / 10Not ratedStockScorer score6 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

LEG Immobilien SE mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How LEG Immobilien SE's score is built

This is how the StockScorer Score strategy, the flagship rule set, calculates the points for LEG Immobilien SE. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

6 of 11 points

The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksapplies

Detail data

How does LEG Immobilien SE stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)
  • Dividend Quality: 4 Factors
  • Earnings Quality: Accrual Check (Sloan)
  • Magic Formula: Value + Quality
  • Moat Quality
  • Mohanram G-Score: Growth Quality
  • Growth Momentum (CAN SLIM principle)
  • Altman Z-Score: Stress Test
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Levermann Strategy (13 Criteria)

LEG Immobilien SE key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for LEG Immobilien SE.

MetricStockSector
P/E ratio3.016.4
P/B ratio0.51.0
Return on equity (ROE)16.8%7.5%
Equity ratio41.1%46.4%
Debt-to-equity (D/E)1.170.92
Dividend yield5.7%4.2%

Similar stocks in Real Estate

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
LEG.DELEG Immobilien SEthis page
DWNI.DEDeutsche Wohnen SELow6.4
VNA.DEVonovia SELow4.5
1209.HKChina Resources Mixc Lifestyle Servlocked
CSGPCoStar Group Inclocked
1997.HKWharf Real Estate Investment Co Ltdlocked

Frequently asked questions about LEG Immobilien SE stock

How does LEG Immobilien SE stock (LEG.DE) score in the StockScorer model?
LEG Immobilien SE stock reaches a StockScorer score of 5.5 out of 10, but is not rated (exclusion rule: Exclusion: financial and real estate stocks).
What is LEG Immobilien SE's P/E ratio?
LEG Immobilien SE's P/E ratio is 3.0. The Real Estate sector median is 16.4.
What sector is LEG Immobilien SE in?
LEG Immobilien SE is assigned to the Real Estate sector. Its rank within the sector is 49.9 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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