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Instone Real Estate Group SE (INS.DE)

EUR7.82 +0.06 (+0.77%)
DE XETRA Real Estate Real Estate - Development
Address Grugaplatz 2-4 45131
Essen, DE
CEO Kruno Crepulja
Website instone.de
IPO 2023-06-06
ISIN DE000A2NBX80

Explore sections of this company profile

Also trades on Deutsche Börse · INS.DE (EUR) London Stock Exchange · 0ZQ7.L (EUR)
Description

Instone Real Estate Group SE, along with its various subsidiaries, operates as a German property developer specializing in residential projects. Their work encompasses the construction of private homes, apartment complexes, and publicly subsidized housing. Additionally, the company undertakes the design of modern urban districts and the meticulous restoration of historical, listed buildings. Instone serves a broad client base, including individual homebuyers, private investors, and institutional investment firms. As of December 31, 2021, their portfolio comprised 54 active development projects. The company was established in 1991 and maintains its headquarters in Essen, Germany.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR7.82 +0.06 (+0.77%)
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Volume Profile
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Liquidity & share structure
Average Volume
10.3K
Beta
1.47
Float Shares
24.35M
Free Float %
56.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.23% +3.12% +0.23% -11.89% +8.86% +10.97% -2.38% +40.52% -61.95% -56.59% -56.59%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
7.82
DCF (Unlevered) 39.63 +406.8%
DCF (Levered) 19.16 +144.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.14
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Real Estate - Development: +9.7%
    -5.2% Q1'26: +23.1% (vs Q1'25)
  • EPS growth Real Estate - Development: +20.5%
    +43.1% Q1'26: +65.2% (vs Q1'25)
  • FCF margin FCF growth · Real Estate - Development: +16.2%
    +1.4% Q1'26: -4.6% (vs Q1'25)
  • EBIT margin Real Estate - Development: +19.8%
    +19.8% Q1'26: +28.3% (vs Q1'25)
  • ROIC Real Estate - Development: +3.2%
    +8.5% Q1'26: +10.3% (vs Q1'25)
  • Share dilution Real Estate - Development: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Real Estate - Development: 1.93×
    5.87× Q1'26: 3.83× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.16) × ERP
WACC = 43% × Ke + 57% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 39.63 Current price: 7.82
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
3 EPS Ana.
Dec 2027
2 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
360.84M
est: 367.89M (-1.9%)
509.49M
est: 626.54M (-18.7%)
464.39M
est: 481.68M (-3.6%)
741.24M
est: 790.00M (-6.2%)
567.51M
est: 638.16M (-11.1%)
514.26M
est: 490.53M (+4.8%)
434.58M
est: 618.93M (-29.8%)
412.22M
est: 508.16M (-18.9%)
547.08M
542.25M – 551.90M
+7.7% YoY
653.60M
629.93M – 677.27M
+19.5% YoY
689.75M
673.39M – 706.11M
+5.5% YoY
EBITDA
42.08M
est: 58.34M (-27.9%)
86.43M
est: 39.37M (+119.5%)
85.83M
est: 33.34M (+157.5%)
121.84M
est: 63.61M (+91.5%)
70.19M
est: 76.12M (-7.8%)
72.61M
est: 133.17M (-45.5%)
77.73M
est: 168.03M (-53.7%)
85.32M
est: 137.96M (-38.2%)
148.52M
147.21M – 149.83M
+7.7% YoY
177.44M
171.01M – 183.87M
+19.5% YoY
187.25M
182.81M – 191.70M
+5.5% YoY
EBIT
38.53M
est: -132.03M (+129.2%)
82.36M
est: 80.28M (+2.6%)
82.26M
est: 58.39M (+40.9%)
133.39M
est: 111.43M (+19.7%)
78.82M
est: 133.34M (-40.9%)
67.64M
est: -93.14M (+172.6%)
72.74M
est: -117.52M (+161.9%)
81.67M
est: -96.49M (+184.6%)
-103.88M
-104.79M – -102.96M
-7.7% YoY
-124.10M
-128.60M – -119.61M
-19.5% YoY
-130.97M
-134.07M – -127.86M
-5.5% YoY
Net Income
6.50M
est: 27.75M (-76.6%)
69.76M
est: 13.59M (+413.3%)
33.67M
est: 50.24M (-33.0%)
83.05M
est: 95.87M (-13.4%)
40.59M
est: 38.96M (+4.2%)
20.11M
est: 20.60M (-2.4%)
31.19M
est: 33.33M (-6.4%)
44.58M
est: 30.54M (+46.0%)
36.50M
35.04M – 37.64M
+19.5% YoY
43.05M
40.74M – 48.37M
+17.9% YoY
47.70M
46.92M – 49.91M
+10.8% YoY
SGA
8.63M
est: 8.10M (+6.5%)
8.51M
est: 77.59M (-89.0%)
8.92M
est: 30.81M (-71.0%)
8.88M
est: 58.79M (-84.9%)
13.53M
est: 70.35M (-80.8%)
13.32M
est: 8.92M (+49.4%)
12.68M
est: 11.25M (+12.7%)
est: 9.24M (-100.0%)
9.95M
9.86M – 10.03M
+7.7% YoY
11.88M
11.45M – 12.31M
+19.5% YoY
12.54M
12.24M – 12.84M
+5.5% YoY
EPS
0.17
est: 0.64 (-73.5%)
1.78
est: 2.34 (-23.9%)
0.81
est: 0.88 (-7.7%)
1.77
est: 1.94 (-8.8%)
0.88
est: 0.97 (-9.1%)
0.46
est: 0.48 (-3.3%)
0.72
est: 0.77 (-6.4%)
1.03
est: 0.70 (+46.1%)
0.83
0.81 – 0.87
+18.1% YoY
1.02
0.94 – 1.12
+22.6% YoY
1.12
1.08 – 1.15
+9.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-07 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-06 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-05 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-05-04 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-04-30 A 4/5 4/5 4/5 4/5 2/5 4/5 4/5
2026-04-29 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-28 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-27 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-24 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-12.34M
OE per share TTM
-0.28
Owner's Yield
-3.32%
Maintenance CapEx ratio
2.05%
Maint CapEx / Avg PPE
2.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 11 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - International Small Cap ETF DFIS 0.01% 499.1K 0.39%
2 Dimensional International Sustainability Core 1 ETF DFSI 0.00% 33.4K 0.24%
3 Avantis Responsible International Equity ETF AVSD 0.00% 13.9K 0.23%
4 Avantis International Small Cap Equity ETF AVDS 0.00% 8.5K 0.30%
5 Dimensional - International Vector Equity ETF DXIV 0.00% 4.4K 0.53%
6 Dimensional - International Core Equity 2 ETF DFIC 0.00% 327.2K 0.22%
7 Avantis International Small Cap Value ETF AVDV 0.00% 428.4K 0.36%
8 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 215.2K 0.28%
9 Avantis International Equity ETF AVDE 0.00% 103.9K 0.23%
10 Dimensional - International Small Cap Value ETF DISV 0.00% 9.0K 0.42%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
243.1K
Shares Outstanding
43.32M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kruno Crepulja Chairman of Management Board & Chief Executive Officer 978.0K male
David Dreyfus Chief Financial Officer & Member of Management Board 846.0K male
Andreas Gräf Chief Operating Officer & Member of the Management Board 759.0K male
Manfred Torsten Kracht Chief Operating Officer for Saxony 447.0K male
Hannah Viergutz Sustainability Officer female
Ralf Werner Managing Director of Instone Real Estate male
Stefan Dahlmanns Managing Director of Nyoo male
Benjamin Otto Head of Project Development - Northern Bavaria Branch male
Bianca Reinhardt Weith Managing Director of Instone Real Estate female
Burkhard Sawazki Head of IR and Capital Market Communication & Strategy male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits