Groupe Bruxelles Lambert
Market Cap
€12.0b
Last Updated
2020/08/15 04:54 UTC
Data Sources
Company Financials +
Executive Summary
Groupe Bruxelles Lambert SA invests in a portfolio of industrial and services companies operating in various sectors.
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with mediocre balance sheet.
Share Price & News
How has Groupe Bruxelles Lambert's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GBLB has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.5%
GBLB
3.4%
BE Diversified Financial
3.0%
BE Market
1 Year Return
-4.0%
GBLB
-5.1%
BE Diversified Financial
-20.1%
BE Market
Return vs Industry: GBLB exceeded the Belgian Diversified Financial industry which returned -5.1% over the past year.
Return vs Market: GBLB exceeded the Belgian Market which returned -20.1% over the past year.
Shareholder returns
| GBLB | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 3.4% | 3.0% |
| 30 Day | 2.7% | 1.7% | -1.3% |
| 90 Day | 15.3% | 11.1% | 13.8% |
| 1 Year | -0.8%-4.0% | -3.1%-5.1% | -18.8%-20.1% |
| 3 Year | -4.6%-11.8% | -12.0%-17.9% | -24.0%-28.6% |
| 5 Year | 29.4%13.6% | 13.3%1.4% | -13.1%-22.5% |
Price Volatility Vs. Market
How volatile is Groupe Bruxelles Lambert's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
If You Had Bought Groupe Bruxelles Lambert's (EBR:GBLB) Shares Three Years Ago You Would Be Down 13%2 months ago | Simply Wall St
Do Institutions Own Shares In Groupe Bruxelles Lambert SA (EBR:GBLB)?3 months ago | Simply Wall St
Analysts Just Slashed Their Groupe Bruxelles Lambert SA (EBR:GBLB) EPS NumbersValuation
Is Groupe Bruxelles Lambert undervalued compared to its fair value and its price relative to the market?
17.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GBLB (€77.72) is trading above our estimate of fair value (€37.97)
Significantly Below Fair Value: GBLB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GBLB is poor value based on its PE Ratio (17.7x) compared to the BE Diversified Financial industry average (9.5x).
PE vs Market: GBLB is poor value based on its PE Ratio (17.7x) compared to the Belgian market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: GBLB is poor value based on its PEG Ratio (9.1x)
Price to Book Ratio
PB vs Industry: GBLB is good value based on its PB Ratio (0.7x) compared to the BE Diversified Financial industry average (0.9x).
Next Steps
Future Growth
How is Groupe Bruxelles Lambert forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GBLB's forecast earnings growth (2% per year) is above the savings rate (1.6%).
Earnings vs Market: GBLB's earnings (2% per year) are forecast to grow slower than the Belgian market (26.1% per year).
High Growth Earnings: GBLB's earnings are forecast to grow, but not significantly.
Revenue vs Market: GBLB's revenue is expected to decline over the next 3 years (-3.5% per year).
High Growth Revenue: GBLB's revenue is forecast to decline over the next 3 years (-3.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GBLB's Return on Equity is forecast to be low in 3 years time (2.1%).
Next Steps
Past Performance
How has Groupe Bruxelles Lambert performed over the past 5 years?
-4.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBLB has a large one-off loss of €212.0M impacting its June 30 2020 financial results.
Growing Profit Margin: GBLB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GBLB's earnings have declined by 4.2% per year over the past 5 years.
Accelerating Growth: GBLB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GBLB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (4%).
Return on Equity
High ROE: GBLB's Return on Equity (4%) is considered low.
Next Steps
Financial Health
How is Groupe Bruxelles Lambert's financial position?
Financial Position Analysis
Short Term Liabilities: GBLB's short term assets (€5.0B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: GBLB's short term assets (€5.0B) do not cover its long term liabilities (€6.9B).
Debt to Equity History and Analysis
Debt Level: GBLB's debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: GBLB's debt to equity ratio has increased from 26% to 37.4% over the past 5 years.
Debt Coverage: GBLB's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: GBLB's interest payments on its debt are well covered by EBIT (7.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Groupe Bruxelles Lambert current dividend yield, its reliability and sustainability?
4.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GBLB's dividend (4.05%) is higher than the bottom 25% of dividend payers in the Belgian market (2.51%).
High Dividend: GBLB's dividend (4.05%) is low compared to the top 25% of dividend payers in the Belgian market (5.33%).
Stability and Growth of Payments
Stable Dividend: GBLB's dividends per share have been stable in the past 10 years.
Growing Dividend: GBLB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.8%), GBLB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GBLB's dividends in 3 years are not forecast to be well covered by earnings (93.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Ian Gallienne (49 yo)
no data
Tenure
€1,892,904
Compensation
Mr. Ian Gallienne is Chief Executive Officer at Groupe Bruxelles Lambert SA. He was Co-Chief Executive Officer of Groupe Bruxelles Lambert SA since January 1, 2012 and serves as Managing Director. Mr. Gall ...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD2.24M) is about average for companies of similar size in the Belgian market ($USD2.38M).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | no data | €1.89m | 0.013% € 1.6m | |
| Chief Financial Officer | 3yrs | no data | no data | |
| Head of Investments | 4.58yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer & General Secretary | 3.83yrs | no data | no data | |
| Compliance Officer | no data | no data | no data | |
| Head of Taxation | no data | no data | no data | |
| Honorary Managing Director | no data | no data | no data | |
| Honorary Managing Director | no data | no data | no data | |
| Head of Accounts | no data | no data | no data | |
| Head of Accounts | no data | no data | no data | |
| Head of Research and Documentation Service | no data | no data | no data |
3.8yrs
Average Tenure
49.5yo
Average Age
Experienced Management: GBLB's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | no data | €1.89m | 0.013% € 1.6m | |
| Director | 26.58yrs | €143.75k | 0.000060% € 7.2k | |
| Chairman of the Board | 1.33yrs | €541.25k | no data | |
| Director | 9.33yrs | €1.62m | 0.0038% € 450.8k | |
| Director | 21.58yrs | €198.50k | no data | |
| Vice Chairman | 1.33yrs | €173.21k | 0.20% € 23.4m | |
| Independent Non-Executive Director | 7.33yrs | €61.00k | 0.0022% € 266.7k | |
| Director | 5.33yrs | €69.50k | no data | |
| Director | 6.58yrs | €179.33k | no data | |
| Independent Director | 9.33yrs | €88.50k | no data | |
| Director | 5.33yrs | €94.13k | no data | |
| Independent Director | 5.33yrs | €94.50k | no data |
7.0yrs
Average Tenure
66yo
Average Age
Experienced Board: GBLB's board of directors are considered experienced (7 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
Groupe Bruxelles Lambert SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Groupe Bruxelles Lambert SA
- Ticker: GBLB
- Exchange: ENXTBR
- Founded: 1902
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: €11.958b
- Shares outstanding: 153.86m
- Website: https://www.gbl.be
Number of Employees
Location
- Groupe Bruxelles Lambert SA
- Avenue Marnix 24
- Brussels
- Brussels
- 1000
- Belgium
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GBLB.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 1987 |
| GBLB | ENXTBR (Euronext Brussels) | Yes | Ordinary Shares | BE | EUR | Jul 1987 |
| EAI | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 1987 |
| 0IN2 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 1987 |
| GBLBB | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 1987 |
| GBLB | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jul 1987 |
| GBLB.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
Groupe Bruxelles Lambert SA invests in a portfolio of industrial and services companies operating in various sectors. The company operates through four segments: Holding, Imerys, Webhelp, and Sienna Capita ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/15 04:54 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.