The Grounds Real Estate Development AG (AMM) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of The Grounds Real Estate Development AG €0.31, price €0.35, upside -9.1%, quality 8 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range €0.2360 – €5.20 · fair‑value band €0.2125 – €0.3995 · the €0.3460 price screens above the €0.3145 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
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The Grounds Real Estate Development AG, a real estate company, engages in the development, management, rental, and sale of residential properties in Germany. The company was incorporated in 2007 and is based in Berlin, Germany.
Stock analysis
The Grounds Real Estate Development AG (AMM) currently trades at €0.3460, while our model-based Fair Value estimate is €0.3145, implying the stock looks roughly 10.0% fairly valued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 89/100, which puts the evidence level at low.
Scenario range: €0.2125 (bear) to €0.3995 (bull), the price of €0.3460 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 8/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
The Grounds Real Estate Development AG reported revenue of €11.1M in FY2024 versus €31.3M in FY2020, a compound −22.8%/yr. Reported net income was −€10.7M in FY2024.
Key figures
Market cap €12.2M · P/S ratio 1.71 · EPS (TTM) €−1.07 · Net margin −96.2% · Return on equity −30.0% · Return on assets (EBIT) 1.7% · Operating margin −42.9% · Revenue (TTM) €7.1M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 69% below its 52-week high and 47% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −37% fair-value upside, at −9%, AMM screens cheaper than that median.
Fair Value models
Bear €0.2125Fair Value €0.3145Bull €0.3995
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−53.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−29.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.4%
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+46.4%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
13.4% (2019) → −96.6% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
Compare The Grounds Real Estate Development AG with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate Services · 547 stocks
Beats the industry median on 1/9 measures
Overall it trails its industry peers.
Valuation
Quality Score13 · Bottom 25%
Fair Value upside−9% · Below median
Profitability
Return on assets−2% · Bottom 25%
Net margin (TTM)−121% · Bottom 25%
Operating margin (TTM)−43% · Bottom 25%
Growth and dividend
Revenue growth−66% · Bottom 25%
Balance sheet
Debt / equity1.00× · Highest 25%
Valuation Multiplesvs Real Estate Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "The Grounds Real Estate Development AG Fair Value". https://www.fairvalue-calculator.com/stock/AMM
Frequently asked questions
Is The Grounds Real Estate Development AG (AMM) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of €0.3145 versus a price of €0.3460, about −9% upside (fairly valued).
What is the fair value of AMM?
Our model-based fair value for The Grounds Real Estate Development AG is €0.3145 (as of Sep 23, 2026), built from audited fundamentals. The current price: €0.3460.
What is the quality score of AMM?
The Grounds Real Estate Development AG has a Quality Score of 8/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for The Grounds Real Estate Development AG (AMM)?
Our model-based price target is the fair value of €0.3145 (as of Sep 23, 2026) from 1 valuation models. Cautious scenario €0.2125, optimistic scenario €0.3995. It is a calculation from audited fundamentals, not an analyst target.
What is the The Grounds Real Estate Development AG stock forecast for 2026?
Our models put fair value at €0.3145, about −9% upside versus a price of €0.3460 (fairly valued). Cautious scenario €0.2125, optimistic scenario €0.3995. The calculation is refreshed regularly with new filings.
What is the revenue of The Grounds Real Estate Development AG (AMM)?
The Grounds Real Estate Development AG reported trailing-twelve-month revenue of about €7.1M (latest available figure, as of Sep 23, 2026).
What is the intrinsic value of The Grounds Real Estate Development AG (AMM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Grounds Real Estate Development AG it is €0.3145 per share (as of Sep 23, 2026), against a price of €0.3460. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is The Grounds Real Estate Development AG stock overvalued or undervalued in 2026?
As of Sep 23, 2026, AMM trades above its calculated fair value: price €0.3460, fair value €0.3145, a gap of about −9% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AMM?
No. The price is what the market pays today (€0.3460); the fair value is what the company's own numbers justify (€0.3145). For The Grounds Real Estate Development AG the two are €0.0315 per share apart. That gap is exactly why we show both numbers side by side.
How much is The Grounds Real Estate Development AG worth?
The market values The Grounds Real Estate Development AG at about €12.2M (market capitalisation, as of Sep 23, 2026). Per share that is €0.3460; our models calculate a fair value of €0.3145 per share.
What do the bullish and bearish scenarios say about AMM?
Our models span a range for The Grounds Real Estate Development AG: cautious scenario €0.2125, base €0.3145, optimistic €0.3995 per share (as of Sep 23, 2026, price €0.3460). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of The Grounds Real Estate Development AG (AMM)?
Balance-sheet figures for The Grounds Real Estate Development AG (as of Sep 23, 2026): return on equity −30.0%, debt of 1.00 per unit of equity. They feed the Quality Score of 8/100, which measures business quality independently of the share price.
How far is AMM from its 52-week high?
The Grounds Real Estate Development AG trades at €0.3460, about 69% below its 52-week high of €1.12 and 47% above the low of €0.2360 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of €0.3145 is for.
Which stocks are comparable to The Grounds Real Estate Development AG?
From the same area (Real Estate) we also value Vingroup Joint Stock Company, CBRE Group, Vonovia SE, Cellnex Telecom, S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is The Grounds Real Estate Development AG stock attractive at the current price?
The data as of Sep 23, 2026: price €0.3460, calculated fair value €0.3145 (−9%), Quality Score 8/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AMM calculated?
We run The Grounds Real Estate Development AG through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €0.3145, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. The Grounds Real Estate Development AG itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of The Grounds Real Estate Development AG (AMM)?
The closing price on Sep 24, 2026 was €0.3460. Our model-based fair value is €0.3145, about −9% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Grounds Real Estate Development AG right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (€0.2125 to €0.3995) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of The Grounds Real Estate Development AG
How large is the market capitalisation of The Grounds Real Estate Development AG (AMM)?
The market capitalisation of The Grounds Real Estate Development AG is €12.2M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of The Grounds Real Estate Development AG (AMM)?
The price-to-sales ratio of The Grounds Real Estate Development AG is 1.71 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of The Grounds Real Estate Development AG (AMM)?
Earnings per share at The Grounds Real Estate Development AG are €−1.07. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of The Grounds Real Estate Development AG (AMM)?
The net margin of The Grounds Real Estate Development AG is −96.2% (fiscal year 2024). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of The Grounds Real Estate Development AG (AMM)?
The return on equity (ROE) of The Grounds Real Estate Development AG is −30.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of The Grounds Real Estate Development AG (AMM)?
On an EBIT basis the return on assets of The Grounds Real Estate Development AG is 1.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of The Grounds Real Estate Development AG (AMM)?
The operating margin of The Grounds Real Estate Development AG is −42.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at The Grounds Real Estate Development AG (AMM)?
Revenue at The Grounds Real Estate Development AG is growing −66.4% versus a year earlier (3y avg −29.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does The Grounds Real Estate Development AG (AMM) generate?
The free cash flow of The Grounds Real Estate Development AG is −€10.1M (fiscal year 2024). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does The Grounds Real Estate Development AG (AMM) carry?
The net debt of The Grounds Real Estate Development AG is €72.1M (fiscal year 2024). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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