Grounds Real Estate Development AG (AMM) AI Stock Analysis

Grounds Real Estate Development AG

(XETRA:AMM)

Select Model

Rating:42Neutral

Price Target:EUR 0.33▲(1.84% Upside)

Action:initiatedcoverage

Date:10/18/26

The overall score of 42 is critically low, driven primarily by a near-failing financial performance grade. The company is unprofitable, highly leveraged, and experiencing severe cash burn, which poses an existential risk. While short-term technicals show some price stabilization, this is a weak positive against a backdrop of fundamental deterioration. The distressed valuation offers no support.

Positive Factors

2025 Revenue ReboundThe 2025 revenue rebound indicates that the company retained the ability to generate growth after a weaker period. If this recovery can be sustained through development activity and portfolio operations, it could improve operating leverage and support a more stable earnings base.

Negative Factors

Severe Net LossesThe very large net loss signals that revenue growth has not translated into sustainable shareholder returns. Recurring losses weaken equity, reduce earnings quality, and make future performance less predictable until the costs or non-operating charges below EBIT are addressed.

Grounds Real Estate Development AG (AMM) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 8.06M
Dividend Yield: ―
Average Volume (3M): 2,566
Price to Earnings (P/E): -2.1
Beta (1Y): -0.12
Revenue Growth: 185.75%
EPS Growth: 75.47%
Country: Germany
Employees: 52
Sector: Real Estate
Sector Strength: 65
Industry: Real Estate - Development

Grounds Real Estate Development AG Business Overview & Revenue Model

Company Description

Established in 2007 and headquartered in Berlin, The Grounds Real Estate Development AG is a German property firm that specializes in the comprehensive development, management, leasing, and sale of residential properties throughout the country.

Grounds Real Estate Development AG Financial Statement Overview

Summary

Financial health is critically weak. The company is unprofitable with a deeply negative net margin, highly leveraged (D/E 2.48), and burning cash from operations (-€31.4M). The lone positive gross margin improvement is insufficient to offset the severe risk of insolvency.

Income Statement

18Very Negative

Balance Sheet

22Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	20.22M	10.10M	11.13M	23.90M	36.75M	31.59M
Gross Profit	5.21M	3.62M	-5.47M	2.07M	3.48M	8.54M
EBITDA	-422.00K	-3.63M	-3.76M	-4.44M	4.26M	9.43M
Net Income	-7.82M	-9.67M	-10.71M	-7.03M	1.17M	4.93M
Balance Sheet
Total Assets	168.70M	168.16M	168.33M	147.82M	138.28M	102.90M
Cash, Cash Equivalents and Short-Term Investments	702.00K	632.00K	27.57M	3.03M	2.27M	2.38M
Total Debt	93.42M	94.35M	100.60M	100.22M	80.45M	61.21M
Total Liabilities	105.28M	130.03M	117.58M	122.98M	105.71M	77.56M
Stockholders Equity	63.46M	38.05M	48.13M	19.01M	26.18M	24.74M
Cash Flow
Free Cash Flow	4.12M	-31.84M	-10.08M	-14.94M	-14.88M	4.45M
Operating Cash Flow	4.43M	-31.36M	-10.04M	-14.91M	-14.84M	4.63M
Investing Cash Flow	-357.00K	-783.00K	-534.00K	405.00K	-4.53M	-14.77M
Financing Cash Flow	-8.95M	5.20M	35.12M	15.26M	19.22M	11.90M

Grounds Real Estate Development AG Technical Analysis

Technical Analysis SentimentNegative

Last Price0.33

Price Trends

50DMA0.32Positive

100DMA0.38Negative

200DMA0.52Negative

Market Momentum

MACD-0.00Positive

RSI47.15Neutral

STOCH5.56Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:AMM, the sentiment is Negative. The current price of 0.33 is below the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.32, and below the 200-day MA of 0.52, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 5.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:AMM.

Grounds Real Estate Development AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

DE:AMM against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
DE:FC9	63Neutral	EUR 94.76M	8.42	10.83%	3.65%	-34.11%	-42.27%
DE:DMRE	44Neutral	EUR 25.96M	-0.40	-45.19%	―	29.46%	43.54%
DE:ADJ	42Neutral	EUR 14.62M	-0.07	-82.03%	―	54.52%	-122.93%
DE:AMM	42Neutral	EUR 16.32M	-2.14	-15.41%	―	185.75%	75.47%

* Real Estate Sector Average

Performance Comparison

DE:AMM and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:AMM	Grounds Real Estate Development AG	0.33	-0.64	-66.22%
DE:DMRE	DEMIRE Deutsche Mittelstand Real Estate ate ate	0.22	-0.25	-52.99%
DE:CCAP	Corestate Capital Holding SA	0.16	-0.14	-47.54%
DE:ADJ	Adler Group Sa	0.10	-0.09	-47.89%
DE:A4Y0	Accentro Real Estate AG	100.00	-94.58	-48.61%
DE:FC9	FCR Immobilien AG	9.60	-1.44	-13.07%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 18, 2026

Grounds Real Estate Development AG AI Stock Analysis