Rcm Beteiligungs AG (RCMN) fair value: what the stock is really worth
As of Oct 15, 2026: fair value of Rcm Beteiligungs AG €0.23, price €1.04, upside -77.9%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range €0.9350 – €2.22 · fair‑value band €0.2100 – €0.2600 · the €1.04 price screens above the €0.2300 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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RCM Beteiligungs AG is a public investment firm specializing in real estate. The firm seeks to invest in residential real estate. RCM Beteiligungs AG was founded in 1999 and is headquartered in Sindelfingen, Germany.
Stock analysis
Rcm Beteiligungs AG (RCMN) currently trades at €1.04, while our model-based Fair Value estimate is €0.2300, 77.9% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of €0.4500 per share, and 0 of the 3 models we run sit above the €1.04 price.
Bear case: the Dividend Discount group reads lowest at €0.2100, and 3 of the 3 models stay below the price. Data coverage for this calculation is low.
Scenario range: €0.2100 (bear) to €0.2600 (bull), the price of €1.04 sits above 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 39/100 (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.
Rcm Beteiligungs AG reported revenue of €2.5M in FY2025 versus €3.6M in FY2021, a compound −8.4%/yr. Reported net income was −€750K in FY2025.
Key figures
Market cap €13.3M · P/S ratio 5.98 · EPS (TTM) €−0.0700 · Dividend yield 2.0% · Net margin −30.0% · Return on equity −3.8% · Return on assets (EBIT) 0.3% · Operating margin −75.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 11 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 4% fair-value upside, at −78%, RCMN screens richer than that median.
Fair Value models
Bear€0.2100Fair Value €0.2300Bull€0.2600
Price €1.04 · Upside -77.9%
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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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
−58.2%
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.
−34.6%
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.
−31.7%
Start year 2020 (pandemic). Over 10 years: −16.2% a year
Revenue growth 21 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.
+5.5%
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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.
19.0% (2019) → −25.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
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 - Development · 572 stocks
Beats the industry median on 0/10 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Below median
Fair Value upside−77.9% · Bottom 25%
Profitability
Return on assets−2.0% · Bottom 25%
Net margin (12 months)−33.4% · Bottom 25%
Operating margin (12 months)−75.7% · Bottom 25%
Growth and dividend
Revenue growth−38.3% · Bottom 25%
Dividend yield (12 months)2.0% · Below median
Balance sheet
Debt / equity1.51× · Highest 25%
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/B1.75× · Priciest 25%
P/S (12 months)6.58× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 68
FUTURE (revenue growth)0· sector 0
PAST (return on equity)0· sector 11
HEALTH (low debt)25· sector 84
DIVIDEND (yield)41· sector 57
VALUE 0: the price sits above our fair-value range.
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). "Rcm Beteiligungs AG Fair Value". https://www.fairvalue-calculator.com/stock/RCMN
Frequently asked questions
Is Rcm Beteiligungs AG (RCMN) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of €0.2300 versus a price of €1.04, about −78% upside (overvalued).
What is the fair value of RCMN?
Our model-based fair value for Rcm Beteiligungs AG is €0.2300 (as of Oct 3, 2026), built from audited fundamentals. The current price: €1.04.
What is the quality score of RCMN?
Rcm Beteiligungs AG has a Quality Score of 39/100. 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 Rcm Beteiligungs AG (RCMN)?
Our model-based price target is the fair value of €0.2300 (as of Oct 3, 2026) from 3 valuation models. Cautious scenario €0.2100, optimistic scenario €0.2600. It is a calculation from audited fundamentals, not an analyst target.
What is the Rcm Beteiligungs AG stock forecast for 2026?
Our models put fair value at €0.2300, about −78% upside versus a price of €1.04 (overvalued). Cautious scenario €0.2100, optimistic scenario €0.2600. The calculation is refreshed regularly with new filings.
What is the revenue of Rcm Beteiligungs AG (RCMN)?
Rcm Beteiligungs AG reported trailing-twelve-month revenue of about €2.3M (latest available figure, as of Oct 3, 2026).
Does Rcm Beteiligungs AG pay a dividend?
Rcm Beteiligungs AG currently shows a dividend yield of about 2.03% relative to its recent price (as of Oct 3, 2026).
What is the intrinsic value of Rcm Beteiligungs AG (RCMN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Rcm Beteiligungs AG it is €0.2300 per share (as of Oct 3, 2026), against a price of €1.04. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Rcm Beteiligungs AG stock overvalued or undervalued in 2026?
As of Oct 3, 2026, RCMN trades above its calculated fair value: price €1.04, fair value €0.2300, a gap of about −78% (overvalued). 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 RCMN?
No. The price is what the market pays today (€1.04); the fair value is what the company's own numbers justify (€0.2300). For Rcm Beteiligungs AG the two are €0.8100 per share apart. That gap is exactly why we show both numbers side by side.
How much is Rcm Beteiligungs AG worth?
The market values Rcm Beteiligungs AG at about €13.3M (market capitalisation, as of Oct 3, 2026). Per share that is €1.04; our models calculate a fair value of €0.2300 per share.
What do the bullish and bearish scenarios say about RCMN?
Our models span a range for Rcm Beteiligungs AG: cautious scenario €0.2100, base €0.2300, optimistic €0.2600 per share (as of Oct 3, 2026, price €1.04). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Rcm Beteiligungs AG (RCMN)?
Balance-sheet figures for Rcm Beteiligungs AG (as of Oct 3, 2026): return on equity −3.8%, debt of 1.51 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is RCMN from its 52-week high?
Rcm Beteiligungs AG trades at €1.04, about 21% below its 52-week high of €1.31 and 11% above the low of €0.9350 (as of Oct 15, 2026). Distance from the high says nothing about value: that is what the fair value of €0.2300 is for.
Which stocks are comparable to Rcm Beteiligungs AG?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, Vinhomes Joint Stock Company, CK Asset Holdings, Hongkong Land Holdings, 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 Rcm Beteiligungs AG stock attractive at the current price?
The data as of Oct 3, 2026: price €1.04, calculated fair value €0.2300 (−78%), Quality Score 39/100, from 3 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 RCMN calculated?
We run Rcm Beteiligungs AG through 3 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 €0.2300, 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 13.8 % above its aggregate fair value. Rcm Beteiligungs 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 Rcm Beteiligungs AG (RCMN)?
The closing price on Oct 15, 2026 was €1.04. Our model-based fair value is €0.2300, about −78% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Rcm Beteiligungs AG right now?
The price sits above even our optimistic bull case (€0.2600). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Rcm Beteiligungs AG
How large is the market capitalisation of Rcm Beteiligungs AG (RCMN)?
The market capitalisation of Rcm Beteiligungs AG is €13.3M. 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 Rcm Beteiligungs AG (RCMN)?
The price-to-sales ratio of Rcm Beteiligungs AG is 5.98 (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 Rcm Beteiligungs AG (RCMN)?
Earnings per share at Rcm Beteiligungs AG are €−0.0700. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Rcm Beteiligungs AG (RCMN)?
The dividend yield of Rcm Beteiligungs AG is 2.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Rcm Beteiligungs AG (RCMN)?
The net margin of Rcm Beteiligungs AG is −30.0% (fiscal year 2025). 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 Rcm Beteiligungs AG (RCMN)?
The return on equity (ROE) of Rcm Beteiligungs AG is −3.8% (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 Rcm Beteiligungs AG (RCMN)?
On an EBIT basis the return on assets of Rcm Beteiligungs AG is 0.3% (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 Rcm Beteiligungs AG (RCMN)?
The operating margin of Rcm Beteiligungs AG is −75.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Rcm Beteiligungs AG (RCMN)?
Revenue at Rcm Beteiligungs AG is growing −38.3% versus a year earlier (3y avg −34.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Rcm Beteiligungs AG (RCMN)?
Earnings per share at Rcm Beteiligungs AG are growing −27.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Rcm Beteiligungs AG (RCMN) generate?
The free cash flow of Rcm Beteiligungs AG is −€6.1M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Rcm Beteiligungs AG (RCMN) carry?
The net debt of Rcm Beteiligungs AG is €14.9M (fiscal year 2025). 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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Thin data
Oct 3, 2026