CPI Europe CPI.VI
AustriaReal Estate · Real Estate ServicesWiener Börse · EUR
16.75 EUR (+8.9%)
1 analysts
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CPI Europe AG is an Austrian real estate group that develops, owns, and manages commercial and residential properties in Central and Eastern Europe, generating income from rents and capital gains from asset sales.
Listed on Wiener Börse · Symbol CPI.VI · VIE: CPI · Currency EUR
Key points
from its scores- ✓Attractive valuation8.9
- ✕Little or no dividend0.5
- ✕Weak growth3.0
- ✕Poor share-price trend3.1
AI analysis
bottom line, main risk, context and newsHold only for long-term investors with high risk tolerance; the cheap valuation does not compensate for the business deterioration and the adverse interest rate environment.
CPI Europe AG presents a very attractive valuation (P/B of 0.46 and FCF yield of 10.66%), but financial health is fragile (Debt/Equity of 80.73%) and earnings growth has collapsed by 64.2%, in a rising interest rate environment in the eurozone that pressures the real estate sector. The valuation score (9.11) reflects the discount, but the earnings decline and weak momentum (-13.28%) warrant caution.
The main risk is the combination of high leverage (Debt/Equity of 80.73%) with a rising interest rate environment in the eurozone, which makes financing more expensive and may continue to pressure real estate asset valuations and profitability.
Context and risks
CPI Europe AG is an Austrian real estate group with a portfolio of commercial and residential properties in Central and Eastern Europe. The rise in long-term interest rates, especially in the eurozone where the ECB maintains a restrictive bias, increases the cost of financing its debt (Debt/Equity of 80.73%) and pressures the valuation of its real estate assets, a long-duration sector. The weak momentum and position in the 20th percentile of its 52-week range reflect that the market is already discounting this adverse environment.
Is CPI Europe stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 74% below the Real Estate median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 4.5 | 21.6 | −79% |
| Price / book | 0.5 | 1.4 | −68% |
| Price / sales | 2.7 | 6.3 | −56% |
Sector: median of the 100 Real Estate companies analysed. In bold, the multiples used for the comparison.
Valuation score: 8.9 out of 10 (median for Real Estate: 4.9).
Average analyst target: 16.75 EUR, +8.9% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 6.6 (sector 5.5), Growth 3.0 (sector 5.7).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Real Estate medianValuation
- P/E
- 4.5
- Forward P/E
- 10.4
- Price / book
- 0.5
- Price / sales
- 2.7
- Market cap
- 2.1B EUR
- Enterprise value
- 5.5B EUR
Profitability
- ROE
- 10.5%
- ROA
- 2.8%
- ROIC (approx.)
- 5.1%
- Gross margin
- 62.9%
- Operating margin
- 54.8%
- Net margin
- 60.8%
- Free cash flow
- 226.3M EUR
- FCF yield
- 10.7%
Solvency
- Total debt
- 3.7B EUR
- Net debt
- 3.4B EUR
- Cash
- 342.9M EUR
- Debt / equity
- 80.73
- Current ratio
- 0.70
- Quick ratio
- 0.50
Growth
- Revenue growth
- +4.1%
- Earnings growth
- −64.2%
- EPS (TTM)
- 3.41 EUR
- EPS (forward)
- 1.47 EUR
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 0.81
- Analyst consensus
- Hold (1)
- Target price
- 16.75 EUR
- 52-week range
- 14.67 – 18.15
Recent news
All CPI.VI news →Compare it with its sector
All 100 in Real Estate →Frequently asked questions about CPI Europe
Is CPI Europe stock cheap or expensive?
On P/E and Price / book, it trades 74% below the Real Estate median on average. Valuation score: 8.9 out of 10 (median for Real Estate: 4.9). Average analyst target: 16.75 EUR, +8.9% versus the price. This is not investment advice.
What score does CPI Europe get on MeridIAn Screener?
It scores 5.1 out of 10, rank 1,640 of 2,130 (better than 21% of the companies analysed). Its strongest category is Valuation (8.9) and its weakest, Dividend (0.5). Analysis of 08/10/2026.
What is CPI Europe's P/E ratio?
Its P/E is 4.5: the share price equals 4.5 times earnings per share over the last 12 months. The Real Estate median is 21.6. Based on the earnings analysts expect, the forward P/E is 10.4.
How much is CPI Europe worth on the stock market?
Its market capitalisation is 2.1B EUR.
Does CPI Europe pay a dividend?
It pays no dividend, or almost none.
How has CPI Europe stock performed over the last year?
It has fallen 13.1% over the last year, excluding dividends. Over the last 52 weeks it has traded between 14.67 and 18.15 EUR. Past performance does not guarantee future results.
What do analysts think of CPI Europe?
1 analysts cover it; their average recommendation is “Hold” and their average target is 16.75 EUR (+8.9% versus the price). It is an estimate, not market data.