EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

TTL Beteiligungs- und Grundbesitz-AG (TTO) fair value: what the stock is really worth

We calculate from audited financials what TTL Beteiligungs- und Grundbesitz-AG is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

Valuation from Jun 23, 2026. With the latest figures (losses, negative cash flow), a fair value can no longer be calculated.
  1. Fair value above price? Yes
  2. Good quality? No
  3. Add to watchlist

Real Estate · DE · ISIN DE0007501009

TB Thin data Jun 23, 2026

TTL Beteiligungs- und Grundbesitz-AG

TTO · XETRA

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

✓Fair value €0.3200 · Strongly undervalued (+100%)
!Quality 24/100
!Weak Growth (revenue 5y +0.5 %/yr)
!Negative equity (buybacks among others) · negative free cash flow
!Trails peers (1/6)
!Narrow moat 12/100
!Evidence only low, so the estimate is less certain
Watch TTL Beteiligungs- und Grundbesitz-AG for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€21.97 €0.1137 Fair Value €0.3200 Jul 2020 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 23, 2026.

How to read this chart

60‑month range €0.1137 – €21.97 · fair‑value band €0.2400 – €0.4000 · the €0.1600 price screens below the €0.3200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 23, 2026.

Follow TTL Beteiligungs- und Grundbesitz-AG in your weekly email

Every Wednesday you see whether TTL Beteiligungs- und Grundbesitz-AG is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

TTL Beteiligungs- und Grundbesitz-AG, together with its subsidiaries, engages in the real estate business in Germany. It offers investment and asset management, as well as mezzanine financing to commercial properties. The company was founded in 1977 and is based in Munich, Germany.

Show more

TTL Beteiligungs- und Grundbesitz-AG, together with its subsidiaries, engages in the real estate business in Germany. It offers investment and asset management, as well as mezzanine financing to commercial properties. The company was founded in 1977 and is based in Munich, Germany. TTL Beteiligungs- und Grundbesitz-AG operates as a subsidiary of AR Holding GmbH.

Stock analysis

TTL Beteiligungs- und Grundbesitz-AG (TTO) currently trades at €0.1600, while our model-based Fair Value estimate is €0.3200, implying the stock looks roughly 50.0% undervalued today.

Show more

Valuation

How firm this estimate is: it rests on 3 models at a data quality of 91/100, which puts the evidence level at low.

Scenario range: €0.2400 (bear) to €0.4000 (bull), the price of €0.1600 sits below 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 24/100 (below-average quality), in the Real Estate sector.

Weak Growth: Revenue growth is weak: less than 2 % a year.

TTL Beteiligungs- und Grundbesitz-AG reported revenue of €1.2M in FY2024 versus €3.2M in FY2020, a compound −21.6%/yr. Reported net income was −€23.7M in FY2024.

Key figures

Market cap €3.9M · P/S ratio 3.04 · EPS (TTM) €−0.7800 · Return on equity −511% · Return on assets (EBIT) −3.1% · Operating margin −19.0% · Revenue (TTM) €1.2M · Revenue growth (YoY) −8.0%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).

What moves the price

The share trades about 32% below its 52-week high and 1,085% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Real Estate peers we cover trades at −37% fair-value upside, at 100%, TTO screens cheaper than that median.

Notify me when TTO reaches fair value

Put TTO on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 24/100

Of which business quality 21 · Market factors (momentum, volatility) 15

Profitability 0
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 2
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 61
Share count: buybacks or dilution?

Open the full quality analysis →

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. 0/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−6.4%
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.
−9.8%
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.
+0.5%
Revenue growth 20 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.
−14.3%
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.
587.9% (2019) → −787.5% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
not computed

Watch TTO, get fair value alerts →

Compare TTL Beteiligungs- und Grundbesitz-AG with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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 Services · 547 stocks

Beats the industry median on 1/6 measures
Overall it trails its industry peers.
Valuation
Quality Score 24 · Bottom 25%
Fair Value upside +100% · Top 25%
Profitability
Return on equity (TTM) Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets 0% · Bottom 25%
Operating margin (TTM) −19% · Bottom 25%
Growth and dividend
Revenue growth −8% · Below median
Balance sheet
Debt / equity Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.

Valuation Multiplesvs Real Estate Services median · lower = cheaper

P/B Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (TTM) 3.87× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 38
FUTURE (revenue growth)0 · sector 12
PAST (return on equity)0 · sector 16
HEALTH (low debt)0 · sector 83
DIVIDEND (yield)0 · sector 65

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Context: sector, industry, 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

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 236,000 VND 25,731 VND −89%
CBRE Group CBRE $141.05 $89.43 −37%
Vonovia SE VNA €17.09 €36.67 +115%
Cellnex Telecom, S.A CLNX €25.33 €23.78 −6%
KE Holdings 2423 HK$42.78 HK$17.18 −60%
Jones Lang LaSalle Incorporated JLL $324.06 $530.17 +64%
Swire Properties Limited 1972 HK$24.40 HK$13.50 −45%
CoStar Group CSGP $28.77 $6.17 −79%
China Resources Mixc Lifestyle Services Limited 1209 HK$37.44 HK$56.43 +51%
CapitaLand Investment Limited 9CI 2.62 SGD 0.5000 SGD −81%

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

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). "TTL Beteiligungs- und Grundbesitz-AG Fair Value". https://www.fairvalue-calculator.com/stock/TTO

Frequently asked questions

Is TTL Beteiligungs- und Grundbesitz-AG (TTO) overvalued or undervalued?
As of Jun 23, 2026, our model estimates a fair value of €0.3200 versus a price of €0.1600, about +100% upside (undervalued).
What is the fair value of TTO?
Our model-based fair value for TTL Beteiligungs- und Grundbesitz-AG is €0.3200 (as of Jun 23, 2026), built from audited fundamentals. The current price: €0.1600.
What is the quality score of TTO?
TTL Beteiligungs- und Grundbesitz-AG has a Quality Score of 24/100. 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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
Our model-based price target is the fair value of €0.3200 (as of Jun 23, 2026) from 3 valuation models. Cautious scenario €0.2400, optimistic scenario €0.4000. It is a calculation from audited fundamentals, not an analyst target.
What is the TTL Beteiligungs- und Grundbesitz-AG stock forecast for 2026?
Our models put fair value at €0.3200, about +100% upside versus a price of €0.1600 (undervalued). Cautious scenario €0.2400, optimistic scenario €0.4000. The calculation is refreshed regularly with new filings.
What is the revenue of TTL Beteiligungs- und Grundbesitz-AG (TTO)?
TTL Beteiligungs- und Grundbesitz-AG reported trailing-twelve-month revenue of about €1.2M (latest available figure, as of Jun 23, 2026).
What is the intrinsic value of TTL Beteiligungs- und Grundbesitz-AG (TTO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TTL Beteiligungs- und Grundbesitz-AG it is €0.3200 per share (as of Jun 23, 2026), against a price of €0.1600. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is TTL Beteiligungs- und Grundbesitz-AG stock overvalued or undervalued in 2026?
As of Jun 23, 2026, TTO trades below its calculated fair value: price €0.1600, fair value €0.3200, a gap of about +100% (undervalued). 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 TTO?
No. The price is what the market pays today (€0.1600); the fair value is what the company's own numbers justify (€0.3200). For TTL Beteiligungs- und Grundbesitz-AG the two are €0.1600 per share apart. That gap is exactly why we show both numbers side by side.
How much is TTL Beteiligungs- und Grundbesitz-AG worth?
The market values TTL Beteiligungs- und Grundbesitz-AG at about €3.9M (market capitalisation, as of Jun 23, 2026). Per share that is €0.1600; our models calculate a fair value of €0.3200 per share.
What do the bullish and bearish scenarios say about TTO?
Our models span a range for TTL Beteiligungs- und Grundbesitz-AG: cautious scenario €0.2400, base €0.3200, optimistic €0.4000 per share (as of Jun 23, 2026, price €0.1600). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of TTL Beteiligungs- und Grundbesitz-AG (TTO)?
Balance-sheet figures for TTL Beteiligungs- und Grundbesitz-AG (as of Jun 23, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 24/100, which measures business quality independently of the share price.
How far is TTO from its 52-week high?
TTL Beteiligungs- und Grundbesitz-AG trades at €0.1600, about 32% below its 52-week high of €0.2360 and 1,085% above the low of €0.0135 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of €0.3200 is for.
Which stocks are comparable to TTL Beteiligungs- und Grundbesitz-AG?
From the same area (Real Estate) we also value Vingroup Joint Stock Company, CBRE Group, Vonovia SE, Cellnex Telecom, 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 TTL Beteiligungs- und Grundbesitz-AG stock attractive at the current price?
The data as of Jun 23, 2026: price €0.1600, calculated fair value €0.3200 (+100%), Quality Score 24/100, 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 TTO calculated?
We run TTL Beteiligungs- und Grundbesitz-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 €0.3200, 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 14.0 % above its aggregate fair value. TTL Beteiligungs- und Grundbesitz-AG currently trades 100 % 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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
The closing price on Sep 24, 2026 was €0.1600. Our model-based fair value is €0.3200, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TTL Beteiligungs- und Grundbesitz-AG right now?
The large discount to fair value meets weak quality (24/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (€0.2400). The market is more pessimistic than our downside scenario. 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 TTL Beteiligungs- und Grundbesitz-AG

How large is the market capitalisation of TTL Beteiligungs- und Grundbesitz-AG (TTO)?
The market capitalisation of TTL Beteiligungs- und Grundbesitz-AG is €3.9M. 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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
The price-to-sales ratio of TTL Beteiligungs- und Grundbesitz-AG is 3.04 (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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
Earnings per share at TTL Beteiligungs- und Grundbesitz-AG are €−0.7800. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of TTL Beteiligungs- und Grundbesitz-AG (TTO)?
The return on equity (ROE) of TTL Beteiligungs- und Grundbesitz-AG is −511% (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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
On an EBIT basis the return on assets of TTL Beteiligungs- und Grundbesitz-AG is −3.1% (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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
The operating margin of TTL Beteiligungs- und Grundbesitz-AG is −19.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TTL Beteiligungs- und Grundbesitz-AG (TTO)?
Revenue at TTL Beteiligungs- und Grundbesitz-AG is growing −8.0% versus a year earlier (3y avg −9.8%). 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 TTL Beteiligungs- und Grundbesitz-AG (TTO)?
Earnings per share at TTL Beteiligungs- und Grundbesitz-AG are growing −69.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does TTL Beteiligungs- und Grundbesitz-AG (TTO) generate?
The free cash flow of TTL Beteiligungs- und Grundbesitz-AG is −€1.9M (fiscal year 2024). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does TTL Beteiligungs- und Grundbesitz-AG (TTO) carry?
The net debt of TTL Beteiligungs- und Grundbesitz-AG is €63.1M (fiscal year 2024). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch TTL Beteiligungs- und Grundbesitz-AG in the live analysis

One click puts TTL Beteiligungs- und Grundbesitz-AG on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.