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CORESTATE Capital Holding (CCAP) Fair Value & Analysis

Real Estate · DE · Market cap €41.4M

CC CORESTATE Capital Holding CCAP · XETRA
Price€0.2360
Fair Value€0.2071
Upside-12.2%
Quality88/100
Evidence: Medium Range €0.1544 – €0.2598

Fair value as of: Jun 26, 2026

From 9 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from €0.2083 to €0.2071 (−0.6%) since Jun 25, 2026. Share price −4.0% over the past month.

Price vs Fair Value (12 months)

€0.3436 €0.2251 Fair Value €0.2071 Jun 2025 Jun 2026

12‑month range €0.2251 – €0.3436 · fair‑value band €0.1544 – €0.2598 · the €0.2360 price screens above the €0.2071 fair value. As of Jun 26, 2026.

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Analysis

CORESTATE Capital Holding (CCAP) currently trades at €0.2360, while our model-based Fair Value estimate is €0.2071 — implying the stock looks roughly 12.2% overvalued today. We read business quality at 88/100 (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: medium).

Trailing-twelve-month revenue stands at €3.9M. Revenue declined 54.7% year over year. Net debt stands at €126M. The stock trades on a trailing P/E of 0.1. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €3.9M
Revenue growth (YoY) -54.7%
Net margin 5,649%
Return on equity -294%
Free cash flow −€46.1M FY2023
P/E ratio 0.1
More key figures
Operating margin -33.6%
EPS (TTM) €2.15
EPS growth (YoY) -67.9%
Net debt €126M FY2023

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

About the company

CORESTATE Capital Holding S.A. is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an anti-cyclical manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments. The firm offers investment products in real estate funds, co-investments, and club deals. It prefers to invest in Central Europe, Austria, Switzerland, and Germany. CORESTATE Capital Holding S.A. was founded in 2006 and is based in Luxembourg, Luxembourg with additional offices in Zug, Switzerland; London, United Kingdom; Frankfurt, Germany; and Singapore.

Revenue & earnings trend

FY2019 – FY2023 · reported fiscal years

CORESTATE Capital Holding reported revenue of €40.8M in FY2023 versus €251M in FY2019, a compound −36.5%/yr. Reported net income was €220M in FY2023, compounding +19.4%/yr from FY2019.

Revenue −36.5%/yr
FY19 €251M
FY20 €181M
FY21 €221M
FY22 €62.5M
FY23 €40.8M
Net income +19.4%/yr
FY19 €109M
FY20 −€68.9M
FY21 −€201M
FY22 −€715M
FY23 €220M

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Frequently asked questions

Is CORESTATE Capital Holding (CCAP) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €0.2071 versus a price of €0.2360 — about −12% (overvalued). Model-based estimate, not financial advice.
What is the fair value of CCAP?
Our 21-model fair value for CORESTATE Capital Holding is €0.2071 (as of Jun 26, 2026), built from audited fundamentals. The current price is €0.2360.
What is the quality score of CCAP?
CORESTATE Capital Holding has a Quality Score of 88/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of CORESTATE Capital Holding (CCAP)?
CORESTATE Capital Holding reported trailing-twelve-month revenue of about €3.9M (latest available figure, 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.