Bossard Holding
Market Cap
CHF1.0b
Last Updated
2020/05/31 09:24 UTC
Data Sources
Company Financials +
Executive Summary
Bossard Holding AG distributes fasteners, and provides related engineering and logistics services in Europe, the United States, and Asia.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -2% per year for the next 3 years
Snowflake Analysis
Established dividend payer with adequate balance sheet.
Share Price & News
How has Bossard Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BOSN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.6%
BOSN
4.1%
CH Trade Distributors
1.2%
CH Market
1 Year Return
-10.4%
BOSN
10.1%
CH Trade Distributors
2.9%
CH Market
Return vs Industry: BOSN underperformed the Swiss Trade Distributors industry which returned 10% over the past year.
Return vs Market: BOSN underperformed the Swiss Market which returned 3% over the past year.
Shareholder returns
| BOSN | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 4.1% | 1.2% |
| 30 Day | 10.5% | 12.5% | 2.5% |
| 90 Day | 2.0% | -2.7% | -1.5% |
| 1 Year | -8.9%-10.4% | 12.6%10.1% | 6.3%2.9% |
| 3 Year | -25.6%-30.5% | 16.4%6.7% | 15.9%4.1% |
| 5 Year | 38.4%19.6% | 40.9%23.4% | 28.4%6.9% |
Price Volatility Vs. Market
How volatile is Bossard Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is It Time To Consider Buying Bossard Holding AG (VTX:BOSN)?2 weeks ago | Simply Wall St
Bossard Holding AG (VTX:BOSN) Is Employing Capital Very Effectively4 weeks ago | Simply Wall St
The Bossard Holding (VTX:BOSN) Share Price Is Down 39% So Some Shareholders Are Getting WorriedValuation
Is Bossard Holding undervalued compared to its fair value and its price relative to the market?
13.65x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BOSN (CHF132.8) is trading above our estimate of fair value (CHF87.31)
Significantly Below Fair Value: BOSN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BOSN is poor value based on its PE Ratio (13.6x) compared to the Trade Distributors industry average (13.3x).
PE vs Market: BOSN is good value based on its PE Ratio (13.6x) compared to the Swiss market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: BOSN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BOSN is overvalued based on its PB Ratio (3.4x) compared to the XE Trade Distributors industry average (1x).
Next Steps
Future Growth
How is Bossard Holding forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BOSN's earnings are forecast to decline over the next 3 years (-2% per year).
Earnings vs Market: BOSN's earnings are forecast to decline over the next 3 years (-2% per year).
High Growth Earnings: BOSN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BOSN's revenue (0.4% per year) is forecast to grow slower than the Swiss market (2.4% per year).
High Growth Revenue: BOSN's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BOSN's Return on Equity is forecast to be low in 3 years time (18.1%).
Next Steps
Past Performance
How has Bossard Holding performed over the past 5 years?
9.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOSN has high quality earnings.
Growing Profit Margin: BOSN's current net profit margins (8.5%) are lower than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: BOSN's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: BOSN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BOSN had negative earnings growth (-11%) over the past year, making it difficult to compare to the Trade Distributors industry average (6.7%).
Return on Equity
High ROE: BOSN's Return on Equity (24.9%) is considered high.
Next Steps
Financial Health
How is Bossard Holding's financial position?
Financial Position Analysis
Short Term Liabilities: BOSN's short term assets (CHF464.9M) exceed its short term liabilities (CHF161.8M).
Long Term Liabilities: BOSN's short term assets (CHF464.9M) exceed its long term liabilities (CHF186.4M).
Debt to Equity History and Analysis
Debt Level: BOSN's debt to equity ratio (72.4%) is considered high.
Reducing Debt: BOSN's debt to equity ratio has increased from 59.1% to 72.4% over the past 5 years.
Debt Coverage: BOSN's debt is well covered by operating cash flow (38.3%).
Interest Coverage: BOSN's interest payments on its debt are well covered by EBIT (30.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Bossard Holding's current dividend yield, its reliability and sustainability?
3.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BOSN's dividend (3.01%) is higher than the bottom 25% of dividend payers in the Swiss market (1.93%).
High Dividend: BOSN's dividend (3.01%) is low compared to the top 25% of dividend payers in the Swiss market (3.91%).
Stability and Growth of Payments
Stable Dividend: BOSN's dividends per share have been stable in the past 10 years.
Growing Dividend: BOSN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.1%), BOSN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BOSN's dividends in 3 years are forecast to be well covered by earnings (41.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.8yrs
Average management tenure
CEO
Daniel Bossard (49yo)
1
Tenure
CHF1,075,674
Compensation
Mr. Daniel Bossard has been Chief Executive Officer of Bossard Holding AG since April 2019. Mr. Bossard served as the Chief Executive Officer of North & Eastern Europe at Bossard Holding AG since January 1 ...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD1.12M) is about average for companies of similar size in the Swiss market ($USD1.09M).
Compensation vs Earnings: Insufficient data to compare Daniel's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1yr | CHF1.08m | 0.061% CHF624.5k | |
| Group Chief Financial Officer | 15.33yrs | no data | 0.16% CHF1.7m | |
| Vice President of Sales & Marketing | no data | no data | no data | |
| Group Chief Category Officer and CEO of Northern & Eastern Europe | 5.33yrs | no data | 0.036% CHF366.6k | |
| VP & Head of Global Supply Chain Management | 1.17yrs | no data | no data | |
| Chief Executive Officer of Central Europe | 14yrs | no data | 0.48% CHF4.9m | |
| Chief Executive Officer of America | 12.17yrs | no data | 0.032% CHF330.0k | |
| Chief Executive Officer of Asia | 10.83yrs | no data | 0.17% CHF1.7m |
10.8yrs
Average Tenure
54yo
Average Age
Experienced Management: BOSN's management team is seasoned and experienced (10.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 13yrs | CHF398.44k | 0.19% CHF1.9m | |
| Director | 1yr | CHF104.87k | 0.016% CHF159.3k | |
| Deputy Chairman | 9.33yrs | CHF156.99k | 0.078% CHF797.7k | |
| Independent Non-Executive Director | 9.33yrs | CHF159.78k | 0.014% CHF140.5k | |
| Independent Director | 7.33yrs | CHF159.78k | 0.048% CHF485.5k | |
| Director | 5.33yrs | CHF159.78k | 0.025% CHF252.3k | |
| Director | 2yrs | CHF159.78k | 0.0059% CHF59.8k | |
| Director | 1.33yrs | CHF104.87k | no data |
6.3yrs
Average Tenure
50.5yo
Average Age
Experienced Board: BOSN's board of directors are considered experienced (6.3 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
Bossard Holding AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bossard Holding AG
- Ticker: BOSN
- Exchange: SWX
- Founded: 1831
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: CHF1.022b
- Shares outstanding: 7.70m
- Website: https://www.bossard.com
Number of Employees
Location
- Bossard Holding AG
- Steinhauserstrasse 70
- Zug
- Zug
- 6300
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0QS5 | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | CHF | Jan 1992 |
| BOSN | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Jan 1992 |
| 0B7 | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jan 1992 |
| BHAG.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jan 1992 |
Biography
Bossard Holding AG distributes fasteners, and provides related engineering and logistics services in Europe, the United States, and Asia. The company offers socket products; hex head screws and flange bolts; nuts and inserts; bolts and plugs; slotted, cross recessed, assembled, self-tapping, self-drilling, thread forming, and wood screws; machine screws, threaded rods, slotted set screws, and hose clamps; washers and securing elements; pins, rivets, and keys; fasteners in various materials; coatings; and standard machine elements. It also provides extrusion parts, turned and milled parts, and punched and bent parts. The company was founded in 1831 and is headquartered in Zug, Switzerland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/31 09:24 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2019/12/31 |
| 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.