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Instone Real Estate Group (INS) Fair Value & Analysis

Real Estate · DE · Market cap €332M

IR Instone Real Estate Group INS · XETRA
Price€7.56
Fair Value€11.73
Upside+55.2%
Quality95/100
Evidence: High Range €9.36 – €11.73

Fair value as of: Jun 25, 2026

From 15 valuation models · updated 4 days ago

Share price −4.5% over the past month.

Price vs Fair Value (12 months)

€9.43 €6.91 Fair Value €11.73 Jun 2025 Jun 2026

12‑month range €6.91 – €9.43 · fair‑value band €9.36 – €11.73 · the €7.56 price screens below the €11.73 fair value. As of Jun 25, 2026.

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Analysis

Instone Real Estate Group (INS) currently trades at €7.56, while our model-based Fair Value estimate is €11.73 — implying the stock looks roughly 55.2% undervalued today. We read business quality at 95/100 (high quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Instone Real Estate Group generated revenue of €386M at a net margin of 13.2%. Revenue declined 25.2% year over year. It earns a return on equity of 8.4%. Net debt stands at €133M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) €386M
Revenue growth (YoY) -25.2%
Net margin 13.2%
Return on equity 8.4%
Free cash flow −€31.8M FY2025
P/E ratio 7.1
More key figures
Operating margin 40.5%
EPS (TTM) €1.18
Dividend yield 5.2%
EPS growth (YoY) +62.6%
Net debt €133M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Instone Real Estate Group SE, together with its subsidiaries, develops residential real estate properties in Germany. The company develops single and multi-family buildings, publicly subsidized housing, designs modern residential neighborhood, and renovates listed properties. It also sells and rents residential quarters with apartments and refurbishes listed buildings for residential use. Instone Real Estate Group SE was founded in 1991 and is headquartered in Essen, Germany.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Instone Real Estate Group reported revenue of €412M in FY2025 versus €741M in FY2021, a compound −13.6%/yr. Reported net income was €44.6M in FY2025, compounding −14.4%/yr from FY2021.

Revenue −13.6%/yr
FY21 €741M
FY22 €568M
FY23 €514M
FY24 €435M
FY25 €412M
Net income −14.4%/yr
FY21 €83.1M
FY22 €40.6M
FY23 €20.1M
FY24 €31.2M
FY25 €44.6M

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Similar stocks

6 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

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PT Pantai Indah Kapuk Dua Tbk, PANI 6,325 IDR 1,330 IDR -79%
Lodha Developers Limited LODHA ₹894.45 ₹721.45 -19%
Oberoi Realty Limited OBEROIRLTY ₹1,633 ₹1,368 -16%
Godrej Properties Limited GODREJPROP ₹1,642 ₹788.35 -52%

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Frequently asked questions

Is Instone Real Estate Group (INS) undervalued?
As of Jun 25, 2026, our model estimates a fair value of €11.73 versus a price of €7.56 — about +55% (undervalued). Model-based estimate, not financial advice.
What is the fair value of INS?
Our 21-model fair value for Instone Real Estate Group is €11.73 (as of Jun 25, 2026), built from audited fundamentals. The current price is €7.56.
What is the quality score of INS?
Instone Real Estate Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Instone Real Estate Group (INS)?
Instone Real Estate Group reported trailing-twelve-month revenue of about €386M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of INS?
The net profit margin of Instone Real Estate Group is about 13.2%, meaning it keeps roughly 13.2% of revenue as net income. Based on the latest reported figures.
Does Instone Real Estate Group pay a dividend?
Instone Real Estate Group currently shows a dividend yield of about 5.21% relative to its recent price (as of Jun 25, 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.