ENXTBR:BREB

Stock Analysis Report

Executive Summary

Brederode SA is a private equity firm specializing in direct and fund of fund investments.

Snowflake

Risks

  • Brederode is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

Share Price & News

How has Brederode's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

ENXTBR:BREB

1.1%

BE Capital Markets

-0.2%

BE Market


1 Year Return

16.1%

ENXTBR:BREB

-15.7%

BE Capital Markets

-4.8%

BE Market

BREB outperformed the Capital Markets industry which returned -15.7% over the past year.

BREB outperformed the Market in Belgium which returned -4.8% over the past year.


Share holder returns

BREBIndustryMarket
7 Day1.6%1.1%-0.2%
30 Day1.3%-3.8%-5.1%
90 Day4.6%-3.3%5.5%
1 Year17.3%16.1%-12.0%-15.7%-2.7%-4.8%
3 Year65.2%59.0%14.5%1.0%-5.8%-12.5%
5 Year138.3%121.5%-5.4%-23.3%21.2%6.0%

Price Volatility Vs. Market

How volatile is Brederode's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Brederode undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Brederode's share price is below the future cash flow value, and at a moderate discount (> 20%).

Brederode's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Brederode is good value based on earnings compared to the Europe Capital Markets industry average.

Brederode is good value based on earnings compared to the Belgium market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Brederode, we can't assess if its growth is good value.


Price Based on Value of Assets

Brederode is good value based on assets compared to the Europe Capital Markets industry average.

Future Growth

How is Brederode expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brederode has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Brederode performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Brederode's year on year earnings growth rate has been positive over the past 5 years.

Brederode's 1-year earnings growth exceeds its 5-year average (7.4% vs 0.7%)

Brederode's earnings growth has exceeded the Europe Capital Markets industry average in the past year (7.4% vs -0.9%).


Return on Equity

Brederode has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Brederode used its assets more efficiently than the Europe Capital Markets industry average last year based on Return on Assets.


Return on Capital Employed

Brederode's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is Brederode's financial position?


Financial Position Analysis

Brederode's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Brederode has no long term commitments.


Debt to Equity History and Analysis

Brederode has no debt.

Brederode has not taken on any debt in the past 5 years.

Brederode has no debt, it does not need to be covered by operating cash flow.

Brederode has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Brederode has no debt, it does not need to be covered by short term assets.

Dividend

What is Brederode's current dividend yield, its reliability and sustainability?

1.48%

Current Dividend Yield


Dividend Yield and Payments Analysis

Brederode's pays a lower dividend yield than the bottom 25% of dividend payers in Belgium (2.24%).

Brederode's dividend is below the markets top 25% of dividend payers in Belgium (4.59%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of Brederode's salary, the management and board of directors tenure and is there insider trading?

12.3yrs

Average board tenure


CEO

Luigi Santambrogio (58yo)

13.5yrs

Tenure

€339,240

Compensation

Mr. Luigi Santambrogio serves as Managing Director at Athanor Ltd. Mr. Santambrogio has been the Managing Director at Brederode SA., since February 2006. He worked in London with Kleinwort Benson and Merri ...


CEO Compensation Analysis

Luigi's remuneration is lower than average for companies of similar size in Belgium.

Luigi's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

12.3yrs

Average Tenure

58yo

Average Age

The average tenure for the Brederode board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Luigi Santambrogio (58yo)

    MD & Executive Director

    • Tenure: 13.5yrs
    • Compensation: €339.24k
  • Pierre van der Mersch (84yo)

    Chairman & President

    • Tenure: 13.5yrs
    • Compensation: €264.22k
  • Axel Van Mersch

    MD & Executive Director

    • Tenure: 12.3yrs
    • Compensation: €301.37k

Board Members

  • Luigi Santambrogio (58yo)

    MD & Executive Director

    • Tenure: 13.5yrs
    • Compensation: €339.24k
  • Pierre van der Mersch (84yo)

    Chairman & President

    • Tenure: 13.5yrs
    • Compensation: €264.22k
  • Bruno Colmant (57yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: €9.00k
  • Axel Van Mersch

    MD & Executive Director

    • Tenure: 12.3yrs
    • Compensation: €301.37k

Company Information

Brederode SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Brederode SA
  • Ticker: BREB
  • Exchange: ENXTBR
  • Founded: 1804
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: €1.787b
  • Shares outstanding: 28.10m
  • Website: https://www.brederode.eu

Number of Employees


Location

  • Brederode SA
  • 32, Boulevard Joseph II
  • Luxembourg
  • 1840
  • Luxembourg

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BREBENXTBR (Euronext Brussels)YesOrdinary SharesBEEURJan 1992
BREBBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
0QWBLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
BRELBDL (Bourse de Luxembourg)YesOrdinary SharesLUEURJan 1992

Biography

Brederode SA is a private equity firm specializing in direct and fund of fund investments. Within direct, it specializes in buyouts, middle market, growth capital, and mature investments. Within fund of fu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 20:39
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.