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CA Immobilien Anlagen AG (CAI) Fair Value & Analysis

Real Estate · AT · Market cap €2.3B

CI CA Immobilien Anlagen AG CAI · VI
Price€23.35
Fair Value€21.04
Upside-9.9%
Quality95/100
Evidence: High Range €15.94 – €26.56

Fair value as of: Jun 26, 2026

From 21 valuation models · updated 3 days ago

Share price −6.2% over the past month.

Price vs Fair Value (12 months)

€26.83 €21.47 Fair Value €21.04 Jun 2025 Jun 2026

12‑month range €21.47 – €26.83 · fair‑value band €15.94 – €26.56 · the €23.35 price screens above the €21.04 fair value. As of Jun 26, 2026.

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Analysis

CA Immobilien Anlagen AG (CAI) currently trades at €23.35, while our model-based Fair Value estimate is €21.04 — implying the stock looks roughly 9.9% overvalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, CA Immobilien Anlagen AG generated revenue of €281M at a net margin of 63.6%. Revenue declined 19.6% year over year. It earns a return on equity of 7.0%. Net debt stands at €1.7B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €281M
Revenue growth (YoY) -19.6%
Net margin 63.6%
Return on equity 7.0%
Free cash flow €207M FY2025
P/E ratio 13.2
More key figures
Operating margin 47.7%
EPS (TTM) €1.88
Dividend yield 3.7%
EPS growth (YoY) -22.5%
Net debt €1.7B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

CA Immobilien Anlagen AG is a real estate company headquartered in Vienna with subsidiaries in Germany, Poland, the Czech Republic, Hungary and Serbia. The parent company of the Group is the listed CA Immobilien Anlagen Aktiengesellschaft, based in Vienna, whose main activity the strategic and operational management of its domestic and foreign subsidiaries. The individual branches operate as largely decentralized profit centers. As at December 31, 2024, the Group comprised a total of 139 companies with 254 employees. In full-time equivalents (FTE), the number of employees as at December 31, 2024 was 222.1. The decrease in employees and FTEs is mainly due to the sale of the subsidiary omniCon. CA Immobilien Anlagen AG was incorporated in 1987 in Austria.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CA Immobilien Anlagen AG reported revenue of €301M in FY2025 versus €297M in FY2021, a compound +0.3%/yr. Reported net income was €184M in FY2025, compounding −21.3%/yr from FY2021.

Revenue +0.3%/yr
FY21 €297M
FY22 €279M
FY23 €420M
FY24 €325M
FY25 €301M
Net income −21.3%/yr
FY21 €480M
FY22 €75.5M
FY23 −€224M
FY24 −€66.3M
FY25 €184M

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Frequently asked questions

Is CA Immobilien Anlagen AG (CAI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €21.04 versus a price of €23.35 — about −10% (overvalued). Model-based estimate, not financial advice.
What is the fair value of CAI?
Our 21-model fair value for CA Immobilien Anlagen AG is €21.04 (as of Jun 26, 2026), built from audited fundamentals. The current price is €23.35.
What is the quality score of CAI?
CA Immobilien Anlagen AG has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CA Immobilien Anlagen AG (CAI)?
CA Immobilien Anlagen AG reported trailing-twelve-month revenue of about €281M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of CAI?
The net profit margin of CA Immobilien Anlagen AG is about 63.6%, meaning it keeps roughly 63.6% of revenue as net income. Based on the latest reported figures.
Does CA Immobilien Anlagen AG pay a dividend?
CA Immobilien Anlagen AG currently shows a dividend yield of about 3.69% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.