SWX:AFP

Stock Analysis Report

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Executive Summary

Aluflexpack AG provides flexible packaging products and solutions.


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AFP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

14.4%

AFP

-1.2%

CH Packaging

0.8%

CH Market


1 Year Return

-8.3%

AFP

4.7%

CH Packaging

0.6%

CH Market

Return vs Industry: AFP underperformed the Swiss Packaging industry which returned 4.7% over the past year.

Return vs Market: AFP underperformed the Swiss Market which returned 1.2% over the past year.


Shareholder returns

AFPIndustryMarket
7 Day14.4%-1.2%0.8%
30 Day-4.1%-4.3%0.3%
90 Day14.4%15.1%9.4%
1 Year-8.3%-8.3%6.8%4.7%4.0%0.6%
3 Yearn/a4.8%-4.6%21.0%8.6%
5 Yearn/a36.0%16.9%31.3%9.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Aluflexpack undervalued compared to its fair value and its price relative to the market?

4.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AFP (CHF21) is trading below our estimate of fair value (CHF21.95)

Significantly Below Fair Value: AFP is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AFP is unprofitable, so we can't compare its PE Ratio to the Packaging industry average.

PE vs Market: AFP is unprofitable, so we can't compare its PE Ratio to the Swiss market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AFP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AFP is overvalued based on its PB Ratio (2x) compared to the XE Packaging industry average (1.6x).


Next Steps

Future Growth

How is Aluflexpack forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

44.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AFP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.2%).

Earnings vs Market: AFP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AFP's is expected to become profitable in the next 3 years.

Revenue vs Market: AFP's revenue (7.1% per year) is forecast to grow faster than the Swiss market (2.3% per year).

High Growth Revenue: AFP's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AFP's Return on Equity is forecast to be low in 3 years time (8.3%).


Next Steps

Past Performance

How has Aluflexpack performed over the past 5 years?

-174.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: AFP is currently unprofitable.

Growing Profit Margin: AFP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if AFP's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare AFP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AFP is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (11.3%).


Return on Equity

High ROE: AFP has a negative Return on Equity (-1.99%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aluflexpack's financial position?


Financial Position Analysis

Short Term Liabilities: AFP's short term assets (€145.1M) exceed its short term liabilities (€58.0M).

Long Term Liabilities: AFP's short term assets (€145.1M) exceed its long term liabilities (€48.2M).


Debt to Equity History and Analysis

Debt Level: AFP's debt to equity ratio (16.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if AFP's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AFP has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AFP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Aluflexpack current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AFP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AFP'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 AFP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AFP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AFP's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Igor Arbanas (55yo)

7.83yrs

Tenure

Mr. Igor Arbanas is the President of Management Board and Chief Executive Officer of Aluflexpack AG since September 2012. Mr. Arbanas serves as President of Management Board and Chief Executive Officer at  ...


Board Members

NamePositionTenureCompensationOwnership
Martin Ohneberg
President of the Board1.33yrsno data3.08% 11.2m
Markus Vischer
Director1.08yrsno datano data
Christian Hosp
Vice Chairman of the Board1.5yrsno datano data
Alois Bühler
Director1.08yrsno datano data
Bernd Winter
Director1.08yrsno datano data

1.1yrs

Average Tenure

51yo

Average Age

Experienced Board: AFP's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 137%.


Top Shareholders

Company Information

Aluflexpack AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aluflexpack AG
  • Ticker: AFP
  • Exchange: SWX
  • Founded: 1987
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: CHF363.300m
  • Shares outstanding: 17.30m
  • Website: https://www.aluflexpack.com

Number of Employees


Location

  • Aluflexpack AG
  • Alte Aarauerstrasse 11
  • Reinach
  • Basel-Landschaft
  • 5734
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AFPSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJun 2019

Biography

Aluflexpack AG provides flexible packaging products and solutions. It offers aluminum containers and lids; films and foils; lacquer foils; lids; pouches; and printed aluminum foils. The company offers its products for coffee and tea, confectionary, diary, other food, non-food, pet food, and pharmaceuticals industries. It operates in Croatia, Germany, Italy, Poland, Liechtenstein, Switzerland, Denmark, the Czech Republic, France, Austria, the Netherlands, Turkey, Russia, the United States, China, Africa, Australia, New Zealand, and rest of Asia. Aluflexpack AG was founded in 1987 and is headquartered in Reinach, Switzerland. Aluflexpack AG is a subsidiary of Montana Tech Components AG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/04 21:01
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.