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Scout24 SE (SCCTY) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Scout24 SE $42.02, price $41.35, upside +1.6%, quality 84 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Broad data
Sep 29, 2026
Broad data
Sep 29, 2026
Scout24 SE
SCCTY · USQuality WatchlistQuality growthA strong company, but the current price is close to Fair Value.
·Fair value $42.02 · Fairly valued (+1.6%)
✓Quality 84/100
!Mixed Growth (revenue 5y +12.9 %/yr)
✓Highly profitable · 37.4% net margin (TTM)
✓Low debt · generates free cash flow
✓3.6% dividend yield · Well covered
✓Wide moat 83/100
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What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $1.17 – $70.73 · fair‑value band $28.01 – $54.63 · the $41.35 price screens below the $42.02 fair value. Dashed = 300-day average. As of Sep 29, 2026.
Company profile
Scout24 SE operates ImmoScout24, a digital marketplace for the residential and commercial real estate sectors in Germany and internationally. The company operates through Professional and Private segments.
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Scout24 SE operates ImmoScout24, a digital marketplace for the residential and commercial real estate sectors in Germany and internationally. The company operates through Professional and Private segments. It offers Pay-per-ad, for listing real estate without membership; Realtor Lead Engine (RLE) for selling real estate; Mortgage Lead Engine; CRM software solutions for real estate agents; and ESG energy performance certificates. In addition, the company provides software solutions for real estate valuations, such as viewings and expert opinions; an automated valuation model, a product for the automated valuation of real estate through application programming interfaces; provision of transaction-related documents for real estate professionals; and training courses, digital training, and education software. Further, it offers SearchPlus and SearchPlus for buying, which offers market analysis and a digital document folder; LivingPlus for digital services and legal protection; and LettingPlus, a cloud-based software solution to supports private landlords in rental and property management. It offers its products under the ImmoScout24, FLOWFACT, Vermietet.de, immoverkauf24, Propstack, BaufiTeam, SPRENGNETTER, Wohnungsboerse, bulwiengesa, EXPLOREAL, neubau kompass, and ENERGIE AUSWEIS 48 brand names. The company serves residential and business real estate agents, appraisers, financing intermediaries and banks, consumers, homeowners, and commercial service providers. The company was formerly known as Scout24 AG and changed its name to Scout24 SE in October 2021. Scout24 SE was founded in 1998 and is headquartered in Berlin, Germany.
Stock analysis
Scout24 SE (SCCTY) currently trades at $41.35, while our model-based Fair Value estimate is $42.02, so the stock looks roughly fairly valued today (gap 1.6%).
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Valuation
Bull case: the DCF Models group reads highest at a median of $43.49 per share, and 9 of the 24 models we run sit above the $41.35 price.
Bear case: the Asset-Based group reads lowest at $7.88, and 15 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: $28.01 (bear) to $54.63 (bull), the price of $41.35 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 84/100 (high quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Scout24 SE reported revenue of €650M in FY2025 versus €389M in FY2021, a compound +13.7%/yr. Reported net income was €240M in FY2025, compounding +27.6%/yr from FY2021.
Key figures
Market cap $6.3B · P/E ratio 19.7 · P/S ratio 7.29 · EPS (TTM) $2.07 · Dividend yield 3.6% · Net margin 37.0% · Return on equity 17.7% · Return on assets (EBIT) 10.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 34% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 10% fair-value upside, at 2%, SCCTY screens richer than that median.
Fair Value models
Bear $28.01
Fair Value $42.02
Bull $54.63
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.4310 per share) are deliberately not added.
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.
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.
Highest evidence
FCF DCF
$27.39
$50.28
$90.06
77
Growth DCF
$26.93
$47.13
$80.54
76
5Y EBITDA Exit
$24.51
$43.49
$67.61
74
All 24 models by family
DCF Models
FCF DCF
$27.39
$50.28
$90.06
77
Owner Earnings
$27.88
$51.18
$91.68
73
5Y Revenue Exit
$16.48
$26.46
$39.73
72
5Y EBITDA Exit
$24.51
$43.49
$67.61
74
5Y P/E Exit
$28.95
$52.89
$80.91
69
10Y Revenue Exit
$19.61
$30.43
$46.67
66
10Y EBITDA Exit
$25.25
$42.82
$70.11
67
10Y P/E Exit
$28.16
$49.66
$81.28
62
Earnings-Based
Graham-Dodd
$12.99
$66.17
$91.42
64
Lynch FV
$18.00
$25.72
$33.43
61
PEG = 1.0
$18.00
$25.72
$33.43
57
EPV
$18.45
$21.31
$23.77
74
Multiples
P/E Multiple
$31.53
$42.03
$52.54
63
P/S Multiple
$13.57
$18.10
$22.62
58
P/B Multiple
$24.36
$32.48
$40.60
55
EV/EBIT
$28.26
$37.54
$46.83
66
EV/EBITDA
$24.85
$33.00
$41.15
67
EV/Revenue
$11.25
$15.90
$20.56
54
Asset-Based
NCAV (Graham)
$5.88
$7.88
$11.76
54
Growth DCF
Growth DCF
$26.93
$47.13
$80.54
76
Rev-Margin DCF
$16.48
$26.42
$39.67
72
Economic Profit
Residual Income
$12.15
$16.03
$25.16
74
ROIC Compounder
$20.93
$28.29
$38.05
71
Growth Earnings
Growth-Adj P/E
$27.90
$39.86
$51.81
67
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Set up alert →Quality Score breakdown
Overall quality
84/100
Of which business quality 78 · Market factors (momentum, volatility) 32
Profitability
61
Margins and returns on capital today
Quality Growth
67
Are margins and returns improving?
Cashflow
86
Earnings quality: real cash, not paper profit
Fin. Strength
81
Balance sheet, leverage, solvency risk
Investment
87
Disciplined investing over empire-building
Low Volatility
58
Calm price path (market factor)
Momentum
29
Price trend over the last 3–12 months (market factor)
52W Momentum
8
Distance to the 52-week high (market factor)
Net Issuance
95
Share count: buybacks or dilution?
Revenue & earnings trend
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.
98/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+14.7%
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.
+13.2%
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.
+12.9%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ +24.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+20.7%
Dividend (yield on the price)3.6%
Profit margin 2020 to 2025 ⓘ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.41% → 45%
⚠ Rate on operating basis: 2025 sits 51% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−5.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+10.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in EUR, euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −7.1% a year for the price and +8.5% for the forecasts.
Forecast 2026 (sales)+17.3%
Forecast 2027 (sales)+11.1%
Projected 2028 (sales)+9.9%
Projected 2029 (sales)+8.8%
Projected 2030 (sales)+7.7%
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Compare Scout24 SE with another stock
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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.Internet Content & Information · 121 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation Multiplesvs Internet Content & Information median · lower = cheaper
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
None of the checked exposures detected
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| Meta Platforms, Inc META | $725.18 | $797.70 | +10% |
| Tencent Holdings 0700 | HK$431.00 | HK$707.84 | +64% |
| Spotify Technology S.A SPOT | $487.38 | $536.12 | +10% |
| Baidu, Inc BIDU | $86.71 | $67.13 | −23% |
| Reddit, Inc RDDT | $145.36 | $131.44 | −10% |
| NAVER Corporation 035420 | 194,700 KRW | 314,922 KRW | +62% |
| Kuaishou Technology, an investment holding company, 1024 | HK$30.02 | HK$101.50 | +238% |
| Tencent Music Entertainment Group 1698 | HK$32.38 | HK$71.46 | +121% |
| REA Group REA | A$157.50 | A$173.25 | +10% |
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Frequently asked questions
Is Scout24 SE (SCCTY) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of $42.02 versus a price of $41.35, about +2% upside (fairly valued).
What is the fair value of SCCTY?
Our model-based fair value for Scout24 SE is $42.02 (as of Sep 29, 2026), built from audited fundamentals. The current price: $41.35.
What is the quality score of SCCTY?
Scout24 SE has a Quality Score of 84/100. 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 Scout24 SE (SCCTY)?
Our model-based price target is the fair value of $42.02 (as of Sep 29, 2026) from 24 valuation models. Cautious scenario $28.01, optimistic scenario $54.63. It is a calculation from audited fundamentals, not an analyst target.
What is the Scout24 SE stock forecast for 2026?
Our models put fair value at $42.02, about +2% upside versus a price of $41.35 (fairly valued). Cautious scenario $28.01, optimistic scenario $54.63. The calculation is refreshed regularly with new filings.
What is the revenue of Scout24 SE (SCCTY)?
Scout24 SE reported trailing-twelve-month revenue of about €692M (latest available figure, as of Sep 29, 2026).
Does Scout24 SE pay a dividend?
Scout24 SE currently shows a dividend yield of about 3.63% relative to its recent price (as of Sep 29, 2026).
What growth is priced into Scout24 SE (SCCTY)?
For today's price to be fair in a discounted-cash-flow model, Scout24 SE would have to grow free cash flow by -5.1 % per year for five years (discount rate 8.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.9 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of SCCTY use?
Our models discount Scout24 SE at 8.7 %: a base by market capitalisation (mid), damped by beta 0.57, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Scout24 SE that is -5.1 % per year a year over ten years, using the same discount rate (8.7 %) and the same formula as our fair value.
How much growth has Scout24 SE (SCCTY) delivered so far?
Over the past 5 years revenue at Scout24 SE grew +12.9 % a year. The price currently implies -5.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Scout24 SE (SCCTY) growing?
The median revenue growth in the sector is +2.9 % a year. That is the yardstick for the growth priced into Scout24 SE (-5.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Scout24 SE (SCCTY)?
The free-cash-flow yield on the price is 10.06 %: that much free cash flow Scout24 SE produces per unit of market value. When it exceeds the discount rate of our models (8.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Scout24 SE (SCCTY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Scout24 SE it is $42.02 per share (as of Sep 29, 2026), against a price of $41.35. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Scout24 SE stock overvalued or undervalued in 2026?
As of Sep 29, 2026, SCCTY trades below its calculated fair value: price $41.35, fair value $42.02, a gap of about +2% (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 SCCTY?
No. The price is what the market pays today ($41.35); the fair value is what the company's own numbers justify ($42.02). For Scout24 SE the two are $0.6700 per share apart. That gap is exactly why we show both numbers side by side.
How much is Scout24 SE worth?
The market values Scout24 SE at about $6.3B (market capitalisation, as of Sep 29, 2026). Per share that is $41.35; our models calculate a fair value of $42.02 per share.
What do the bullish and bearish scenarios say about SCCTY?
Our models span a range for Scout24 SE: cautious scenario $28.01, base $42.02, optimistic $54.63 per share (as of Sep 29, 2026, price $41.35). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SCCTY?
Scout24 SE trades at a price-to-earnings ratio of 19.7 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $42.02 is built from several models across several years. Other multiples: P/B 4.3, P/S 9.1, EV/EBITDA 18.9.
How solid is the balance sheet of Scout24 SE (SCCTY)?
Balance-sheet figures for Scout24 SE (as of Sep 29, 2026): return on equity 17.7%. They feed the Quality Score of 84/100, which measures business quality independently of the share price.
How far is SCCTY from its 52-week high?
Scout24 SE trades at $41.35, about 34% below its 52-week high of $62.86 and 11% above the low of $37.40 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $42.02 is for.
Which stocks are comparable to Scout24 SE?
From the same area (Communication Services) we also value Alphabet Inc, Meta Platforms, Inc, Tencent Holdings, Spotify Technology 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 Scout24 SE stock attractive at the current price?
The data as of Sep 29, 2026: price $41.35, calculated fair value $42.02 (+2%), Quality Score 84/100, from 24 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 SCCTY calculated?
We run Scout24 SE through 24 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 $42.02, 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 14.5 % above its aggregate fair value. Scout24 SE currently trades 2 % below its own fair value, and the market average says nothing about that. 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 Scout24 SE (SCCTY)?
The closing price on Oct 2, 2026 was $41.35. Our model-based fair value is $42.02, about +2% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Scout24 SE right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($28.01 to $54.63) leaves room in how you read the outcome.
Key figures of Scout24 SE
How large is the market capitalisation of Scout24 SE (SCCTY)?
The market capitalisation of Scout24 SE is $6.3B. 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 Scout24 SE (SCCTY)?
The price-to-sales ratio of Scout24 SE is 7.29 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Scout24 SE (SCCTY)?
Earnings per share at Scout24 SE are $2.07 (price ÷ EPS = P/E 19.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Scout24 SE (SCCTY)?
The dividend yield of Scout24 SE is 3.6% (payout 72.5%). 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 Scout24 SE (SCCTY)?
The net margin of Scout24 SE is 37.0% (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 Scout24 SE (SCCTY)?
The return on equity (ROE) of Scout24 SE is 17.7% (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 Scout24 SE (SCCTY)?
On an EBIT basis the return on assets of Scout24 SE is 10.9% (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 Scout24 SE (SCCTY)?
The operating margin of Scout24 SE is 55.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Scout24 SE (SCCTY)?
Revenue at Scout24 SE is growing +14.0% versus a year earlier (3y avg +13.2%). 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 Scout24 SE (SCCTY)?
Earnings per share at Scout24 SE are growing +40.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Scout24 SE (SCCTY) carry?
The net debt of Scout24 SE is €60.7M (fiscal year 2025, ≈ 0.2 yrs of FCF). 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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