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Warimpex Finanz- und Beteiligungs AG (WXF) Fair Value & Analysis

Real Estate · AT · Market cap €26.6M

WF Warimpex Finanz- und Beteiligungs AG WXF · VI
Price€0.5080
Fair Value€0.9100
Upside+79.1%
Quality53/100
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Weak Growth
Loss-making · -11.9% net margin
High debt · generates free cash flow
Trails peers (4/11)
Narrow moat 20/100
Evidence: High Range €0.6800 – €1.36 Share as image

Fair value as of: Jul 16, 2026

From 3 valuation models · updated 25 days ago

Share price −0.4% over the past month.

A solid business, screening 79% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (€0.6800). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (€0.6800 to €1.36) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

€1.37 €0.4520 Fair Value €0.9100 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €0.4520 – €1.37 · fair‑value band €0.6800 – €1.36 · the €0.5080 price screens below the €0.9100 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Warimpex Finanz- und Beteiligungs AG (WXF) currently trades at €0.5080, while our model-based Fair Value estimate is €0.9100, implying the stock looks roughly 79.1% undervalued today. The Quality Score stands at 53/100 (solid 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, Warimpex Finanz- und Beteiligungs AG generated revenue of €20.4M at a net margin of -11.9%. Revenue grew 219.5% year over year. It earns a return on equity of -3.3%. Net debt stands at €147M. Fundamentals as of Jul 16, 2026

Our scenario range runs from €0.6800 (bear case) to €1.36 (bull case); at €0.5080, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 79%, WXF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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. Evidence
Highest evidence
Gordon GGM €0.2100 €0.2200 €0.2400 70
DDM Multi-Stage €0.2100 €0.2400 €0.2800 61
NCAV (Graham) €0.6800 €0.9100 €1.36 50
All 3 models by family
Dividend Discount
Gordon GGM €0.2100 €0.2200 €0.2400 70
DDM Multi-Stage €0.2100 €0.2400 €0.2800 61
Asset-Based
NCAV (Graham) €0.6800 €0.9100 €1.36 50

Widest divergence: Asset-Based (€0.9100) versus Dividend Discount (€0.2200). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) €20.4M
Revenue growth (YoY) +220%
Net margin -11.9%
Return on equity -3.3%
Free cash flow €2.1M FY2025
Operating margin 7.4%
More key figures
EPS (TTM) €-0.0500
EPS growth (YoY) +2,103%
Net debt €147M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 50 · Market factors (momentum, volatility) 51

Profitability 6
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Warimpex Finanz- und Beteiligungs AG operates as a real estate development and investment company in Austria, Germany, Hungary, and Poland. It operates through Investment Properties, Hotels, and Development and Services segments. The company is involved in the construction, purchase, refurbishment, and operation of offices and hotel properties.

Full company description

Warimpex Finanz- und Beteiligungs AG operates as a real estate development and investment company in Austria, Germany, Hungary, and Poland. It operates through Investment Properties, Hotels, and Development and Services segments. The company is involved in the construction, purchase, refurbishment, and operation of offices and hotel properties. It also provides tenant adaptations and renting of property; lodging, and food and beverages; and asset management services. In addition, it is involved in the sale of developed properties; and services for third parties. It serves corporate, business, and leisure customers, as well as sales channels. The company was founded in 1959 and is headquartered in Vienna, Austria.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Warimpex Finanz- und Beteiligungs AG reported revenue of €20.4M in FY2025 versus €26.7M in FY2021, a compound −6.5%/yr. Reported net income was −€2.4M in FY2025.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
€20.4M
Latest YoY
−5.0%
Avg. growth/yr (3Y) 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.
−23.2%
Avg. growth/yr (5Y) 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.
−4.5%
Avg. growth/yr (10Y) 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.
−12.3%
Revenue −6.5%/yr
FY21 €26.7M
FY22 €45.1M
FY23 €18.8M
FY24 €21.5M
FY25 €20.4M
Net income
FY21 €12.3M
FY22 €42.8M
FY23 −€23.8M
FY24 −€84.8M
FY25 −€2.4M

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Cite: Fair Value Calculator (2026). "Warimpex Finanz- und Beteiligungs AG Fair Value". https://www.fairvalue-calculator.com/stock/WXF

Peer Group

Real Estate Services · 520 stocks

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.

Quality Score 53 · Below median
Fair Value upside +79% · Top 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) -12% · Bottom 25%
Operating margin (TTM) 7% · Below median
Revenue growth 220% · Top 25%
Debt / equity 1.90× · Higher than 75% of peers

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/B 0.43× · Cheaper than median
P/S (TTM) 1.50× · Cheaper than median
P/FCF 14.3× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 37
FUTURE 100 · sector 10
PAST 0 · sector 16
HEALTH 5 · sector 85
DIVIDEND 0 · sector 49

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
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KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 3,998 ARS +60%

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Frequently asked questions

Is Warimpex Finanz- und Beteiligungs AG (WXF) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €0.9100 versus a price of €0.5080, about +79% (undervalued).
What is the fair value of WXF?
Our model-based fair value for Warimpex Finanz- und Beteiligungs AG is €0.9100 (as of Jul 16, 2026), built from audited fundamentals. The current price is €0.5080.
What is the quality score of WXF?
Warimpex Finanz- und Beteiligungs AG has a Quality Score of 53/100. 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 revenue of Warimpex Finanz- und Beteiligungs AG (WXF)?
Warimpex Finanz- und Beteiligungs AG reported trailing-twelve-month revenue of about €20.4M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of WXF?
The net profit margin of Warimpex Finanz- und Beteiligungs AG is about -11.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

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