Balta Group
Market Cap
€90.9m
Last Updated
2021/04/19 17:32 UTC
Data Sources
Company Financials +
Executive Summary
Balta Group NV produces and sells textile floor coverings in Europe, North America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has Balta Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BALTA is more volatile than 75% of Belgian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BALTA's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Belgian stocks.
Market Performance
7 Day Return
-1.9%
BALTA
0.6%
BE Consumer Durables
0.07%
BE Market
1 Year Return
73.3%
BALTA
66.4%
BE Consumer Durables
27.1%
BE Market
Return vs Industry: BALTA exceeded the Belgian Consumer Durables industry which returned 66.4% over the past year.
Return vs Market: BALTA exceeded the Belgian Market which returned 27.1% over the past year.
Shareholder returns
| BALTA | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | 0.6% | 0.07% |
| 30 Day | -2.7% | 6.3% | 2.2% |
| 90 Day | 24.6% | 17.9% | 5.6% |
| 1 Year | 73.3%73.3% | 71.2%66.4% | 29.2%27.1% |
| 3 Year | -58.9%-59.3% | 34.2%16.3% | 15.0%8.4% |
| 5 Year | n/a | 88.9%50.8% | 24.5%13.1% |
Long-Term Price Volatility Vs. Market
How volatile is Balta Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Balta Group (EBR:BALTA) Shareholders Have Enjoyed An Impressive 176% Share Price Gain1 month ago | Simply Wall St
Does Balta Group (EBR:BALTA) Have A Healthy Balance Sheet?2 months ago | Simply Wall St
Will Balta Group (EBR:BALTA) Multiply In Value Going Forward?Valuation
Is Balta Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BALTA (€2.53) is trading below our estimate of fair value (€34.76)
Significantly Below Fair Value: BALTA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BALTA is unprofitable, so we can't compare its PE Ratio to the XE Consumer Durables industry average.
PE vs Market: BALTA is unprofitable, so we can't compare its PE Ratio to the Belgian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BALTA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BALTA is good value based on its PB Ratio (0.4x) compared to the XE Consumer Durables industry average (1.9x).
Future Growth
How is Balta Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
108.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BALTA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: BALTA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BALTA's is expected to become profitable in the next 3 years.
Revenue vs Market: BALTA's revenue (11.3% per year) is forecast to grow faster than the Belgian market (4.1% per year).
High Growth Revenue: BALTA's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BALTA's Return on Equity is forecast to be low in 3 years time (9%).
Past Performance
How has Balta Group performed over the past 5 years?
-12.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BALTA is currently unprofitable.
Growing Profit Margin: BALTA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BALTA is unprofitable, and losses have increased over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare BALTA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BALTA is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-4.9%).
Return on Equity
High ROE: BALTA has a negative Return on Equity (-5.56%), as it is currently unprofitable.
Financial Health
How is Balta Group's financial position?
Financial Position Analysis
Short Term Liabilities: BALTA's short term assets (€282.3M) exceed its short term liabilities (€224.1M).
Long Term Liabilities: BALTA's short term assets (€282.3M) do not cover its long term liabilities (€353.0M).
Debt to Equity History and Analysis
Debt Level: BALTA's debt to equity ratio (134.5%) is considered high.
Reducing Debt: BALTA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BALTA's debt is well covered by operating cash flow (26.1%).
Interest Coverage: BALTA is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Balta Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BALTA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BALTA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BALTA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BALTA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BALTA is not paying a notable dividend for the Belgian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BALTA's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Cyrille Ragoucy (63 yo)
2.67yrs
Tenure
€1,008,164
Compensation
Mr. Cyrille Ragoucy has been Chief Executive Officer of Balta Group NV since April 1, 2019 and serves as its Non-Executive Chairman and Chairman of Management Committee. Mr. Ragoucy serves as the Chief Exe...
CEO Compensation Analysis
Compensation vs Market: Cyrille's total compensation ($USD1.21M) is above average for companies of similar size in the Belgian market ($USD569.00K).
Compensation vs Earnings: Cyrille's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: BALTA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: BALTA's board of directors are considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Balta Group NV's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Balta Group NV
- Ticker: BALTA
- Exchange: ENXTBR
- Founded: 1964
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: €90.937m
- Shares outstanding: 35.94m
- Website: https://www.baltagroup.com
Number of Employees
Location
- Balta Group NV
- Wakkensteenweg 2
- Sint-Baafs-Vijve
- West Flanders
- 8710
- Belgium
Listings
Biography
Balta Group NV produces and sells textile floor coverings in Europe, North America, and internationally. The company operates through four segments: Rugs, Residential, Commercial, and Non-Woven. The Rugs s...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 17:32 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.