Cembra Money Bank
Market Cap
CHF2.9b
Last Updated
2019/08/20 21:45 UTC
Data Sources
Company Financials +
Executive Summary
Cembra Money Bank AG provides consumer finance products and services in Switzerland.
Snowflake
Fundamentals
Second-rate dividend payer with limited growth.
Similar Companies
Share Price & News
How has Cembra Money Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.2%
SWX:CMBN
0.1%
CH Consumer Finance
-0.3%
CH Market
1 Year Return
7.8%
SWX:CMBN
-25.6%
CH Consumer Finance
2.1%
CH Market
CMBN outperformed the Consumer Finance industry which returned -25.1% over the past year.
CMBN outperformed the Market in Switzerland which returned 3.1% over the past year.
Share holder returns
| CMBN | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | 0.1% | -0.3% |
| 30 Day | 0.3% | -5.7% | -1.4% |
| 90 Day | 10.5% | -8.8% | 1.0% |
| 1 Year | 12.1%7.8% | -22.7%-25.6% | 7.4%2.1% |
| 3 Year | 57.8%38.4% | -33.3%-46.8% | 29.2%16.0% |
| 5 Year | 131.0%83.1% | -14.6%-39.8% | 31.5%11.2% |
Price Volatility Vs. Market
How volatile is Cembra Money Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Cembra Money Bank (VTX:CMBN) Shareholders Booked A 85% Gain In The Last Five Years4 weeks ago | Simply Wall St
What Should We Expect From Cembra Money Bank AG's (VTX:CMBN) Earnings Over The Next Year?1 month ago | Simply Wall St
Is Cembra Money Bank AG's (VTX:CMBN) High P/E Ratio A Problem For Investors?Valuation
Is Cembra Money Bank undervalued based on future cash flows and its price relative to the stock market?
17.76x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Cembra Money Bank's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Cembra Money Bank's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Cembra Money Bank is overvalued based on earnings compared to the Europe Consumer Finance industry average.
Cembra Money Bank is overvalued based on earnings compared to the Switzerland market.
Price Based on Expected Growth
Cembra Money Bank is poor value based on expected growth next year.
Price Based on Value of Assets
Cembra Money Bank is overvalued based on assets compared to the Europe Consumer Finance industry average.
Next Steps
Future Growth
How is Cembra Money Bank expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
6.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Cembra Money Bank's revenue is expected to grow by 6.7% yearly, however this is not considered high growth (20% yearly).
Cembra Money Bank's earnings are expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).
Cembra Money Bank's revenue growth is expected to exceed the Switzerland market average.
Cembra Money Bank's earnings growth is positive but not above the Switzerland market average.
Cembra Money Bank's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Earnings per Share Growth Estimates
Future Return on Equity
Cembra Money Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Past Performance
How has Cembra Money Bank performed over the past 5 years?
3.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Cembra Money Bank's year on year earnings growth rate has been positive over the past 5 years.
Cembra Money Bank's 1-year earnings growth is less than its 5-year average (1.5% vs 3.4%)
Cembra Money Bank's earnings growth has not exceeded the Europe Consumer Finance industry average in the past year (1.5% vs 7.2%).
Return on Equity
Cembra Money Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Cembra Money Bank used its assets less efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Cembra Money Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
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Financial Health
How is Cembra Money Bank's financial position?
Financial Position Analysis
Cembra Money Bank's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Cembra Money Bank's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Cembra Money Bank's level of debt (170.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (233.9% vs 170.5% today).
Debt is not well covered by operating cash flow (14.5%, less than 20% of total debt).
Unable to confirm if the interest payments on Cembra Money Bank's debt are well covered by earnings due to lack of past financial data.
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.3x debt.
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Dividend
What is Cembra Money Bank's current dividend yield, its reliability and sustainability?
4.55%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Cembra Money Bank's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2%).
Cembra Money Bank's dividend is below the markets top 25% of dividend payers in Switzerland (3.85%).
Whilst dividend payments have been stable, Cembra Money Bank has been paying a dividend for less than 10 years.
Dividend payments have increased, but Cembra Money Bank only paid a dividend in the past 5 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.5x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
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Management
What is the CEO of Cembra Money Bank's salary, the management and board of directors tenure and is there insider trading?
5.8yrs
Average management tenure
CEO
Robert Oudmayer (57yo)
10.3yrs
Tenure
CHF1,711,144
Compensation
Mr. Robert Oudmayer has been the Chief Executive Officer and Member of The Management Board at Cembra Money Bank AG (formerly GE Money Bank AG) since 2009. Mr. Oudmayer served as the Chief Executive Office ...
CEO Compensation Analysis
Robert's remuneration is about average for companies of similar size in Switzerland.
Robert's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
5.8yrs
Average Tenure
52yo
Average Age
The average tenure for the Cembra Money Bank management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
5.3yrs
Average Tenure
63yo
Average Age
The tenure for the Cembra Money Bank board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Pascal Perritaz (47yo)
CFO & Member of Management Board
- Tenure: 0.8yrs
Robert Oudmayer (57yo)
CEO & Member of Management Board
- Tenure: 10.3yrs
- Compensation: CHF1.71m
Daniel Frei (60yo)
Head B2C & Member of the Management Board
- Tenure: 22.6yrs
Emanuel Hofacker (51yo)
General Counsel
- Tenure: 4.9yrs
Volker Gloe (51yo)
Chief Risk Officer & Member of Management Board
- Tenure: 6.6yrs
Haldun Kuru
Head of Controllership
- Tenure: 8.4yrs
Niklaus Mannhart (52yo)
COO & Member of Management Board
- Tenure: 1.0yrs
Jörg Fohringer (52yo)
Head of B2B & Member of Management Board
- Tenure: 0.7yrs
Edina Jung
Senior Legal Counsel & Corporate Secretary
- Tenure: 0.0yrs
Board Members
Felix Weber (69yo)
Chairman of the Board
- Tenure: 6.0yrs
- Compensation: CHF475.68k
Monica Mächler (63yo)
Director
- Tenure: 4.3yrs
- Compensation: CHF144.58k
Peter Athanas (65yo)
Director
- Tenure: 5.6yrs
- Compensation: CHF176.69k
Urs Baumann (52yo)
Director
- Tenure: 5.3yrs
- Compensation: CHF160.64k
Denis Hall (64yo)
Director
- Tenure: 5.9yrs
- Compensation: CHF142.52k
Katrina Machin (53yo)
Director
- Tenure: 3.3yrs
- Compensation: CHF137.14k
Ben Tellings (63yo)
Vice-Chairman
- Tenure: 2.3yrs
- Compensation: CHF171.35k
Company Information
Cembra Money Bank AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cembra Money Bank AG
- Ticker: CMBN
- Exchange: SWX
- Founded: 1912
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: CHF2.870b
- Shares outstanding: 29.38m
- Website: https://www.cembra.ch
Number of Employees
Location
- Cembra Money Bank AG
- Bändliweg 20
- Zurich
- Zurich
- 8048
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CMBN | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Oct 2013 |
| GEH | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 2013 |
| 0QPJ | LSE (London Stock Exchange) | Yes | Common Shares | GB | CHF | Oct 2013 |
Biography
Cembra Money Bank AG provides consumer finance products and services in Switzerland. The company offers savings products, including medium-term notes and deposit accounts; loans comprising cash loans, cons ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/20 21:45 |
| End of Day Share Price | 2019/08/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.