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Swiss Estates

BRSE:SEAP
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SEAP
BRSE
CHF17M
Market Cap
  1. Home
  2. CH
  3. Real Estate
Company description

Swiss Estates AG invests in the real estate properties in Switzerland. The last earnings update was 208 days ago. More info.


Add to Portfolio Compare Print
SEAP Share Price and Events
7 Day Returns
-5.8%
BRSE:SEAP
0.6%
CH Real Estate
2%
CH Market
1 Year Returns
-45.1%
BRSE:SEAP
1.1%
CH Real Estate
0.7%
CH Market
SEAP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Swiss Estates (SEAP) -5.8% -13.4% - -45.1% -9.6% -68.2%
CH Real Estate 0.6% 1.9% 2.5% 1.1% 11.4% 28.4%
CH Market 2% -0.4% 1.6% 0.7% 12.7% 8.7%
1 Year Return vs Industry and Market
  • SEAP underperformed the Real Estate industry which returned 1.1% over the past year.
  • SEAP underperformed the Market in Switzerland which returned 0.7% over the past year.
Price Volatility
SEAP
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Swiss Estates. This is due to cash flow or dividend data being unavailable. The share price is CHF2.26.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Swiss Estates's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Swiss Estates's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BRSE:SEAP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CHF CHF0.37
BRSE:SEAN Share Price ** BRSE (2019-05-20) in CHF CHF5.04
Switzerland Real Estate Industry PE Ratio Median Figure of 20 Publicly-Listed Real Estate Companies 14.79x
Switzerland Market PE Ratio Median Figure of 175 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Swiss Estates.

BRSE:SEAP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BRSE:SEAN Share Price ÷ EPS (both in CHF)

= 5.04 ÷ 0.37

13.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swiss Estates is good value based on earnings compared to the CH Real Estate industry average.
  • Swiss Estates is good value based on earnings compared to the Switzerland market.
Price based on expected Growth
Does Swiss Estates's expected growth come at a high price?
Raw Data
BRSE:SEAP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
22.6%per year
Switzerland Real Estate Industry PEG Ratio Median Figure of 8 Publicly-Listed Real Estate Companies -3.13x
Switzerland Market PEG Ratio Median Figure of 124 Publicly-Listed Companies 2.26x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Swiss Estates, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Swiss Estates's assets?
Raw Data
BRSE:SEAP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CHF CHF13.37
BRSE:SEAN Share Price * BRSE (2019-05-20) in CHF CHF5.04
Switzerland Real Estate Industry PB Ratio Median Figure of 20 Publicly-Listed Real Estate Companies 1.07x
Switzerland Market PB Ratio Median Figure of 211 Publicly-Listed Companies 1.62x
BRSE:SEAP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BRSE:SEAN Share Price ÷ Book Value per Share (both in CHF)

= 5.04 ÷ 13.37

0.38x

* Primary Listing of Swiss Estates.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swiss Estates is good value based on assets compared to the CH Real Estate industry average.
X
Value checks
We assess Swiss Estates's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Swiss Estates has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

  • No analysts cover Swiss Estates, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Swiss Estates expected to grow at an attractive rate?
  • Swiss Estates's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • Swiss Estates's earnings growth is expected to exceed the Switzerland market average.
  • Unable to compare Swiss Estates's revenue growth to the Switzerland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BRSE:SEAP Future Growth Rates Data Sources
Data Point Source Value (per year)
BRSE:SEAP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 22.6%
Switzerland Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -1.5%
Switzerland Real Estate Industry Revenue Growth Rate Market Cap Weighted Average -1.8%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 11%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BRSE:SEAP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BRSE:SEAP Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BRSE:SEAP Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2018-06-30 6 -4 1
2018-03-31 6 -2 2
2017-12-31 6 1 2
2017-09-30 6 0 0
2017-06-30 6 0 -2
2017-03-31 5 -1 -2
2016-12-31 5 -1 -2
2016-09-30 5 -1 0
2016-06-30 6 0 2
2016-03-31 6 0 2
2015-12-31 6 1 2
2015-09-30 6 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Swiss Estates's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Swiss Estates is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BRSE:SEAP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Swiss Estates Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BRSE:SEAP Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BRSE:SEAP Past Financials Data
Date (Data in CHF Millions) EPS *
2018-06-30 0.37
2018-03-31 0.44
2017-12-31 0.51
2017-09-30 -0.02
2017-06-30
2017-03-31
2016-12-31 -0.61
2016-09-30 0.04
2016-06-30 0.70
2016-03-31 0.68
2015-12-31 0.66
2015-09-30 0.33

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Swiss Estates will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Swiss Estates's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Switzerland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Switzerland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Swiss Estates has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Swiss Estates performed over the past 5 years?

  • Swiss Estates's last earnings update was 208 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Swiss Estates's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Swiss Estates's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Swiss Estates has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Swiss Estates has become profitable in the last year making it difficult to compare the CH Real Estate industry average.
Earnings and Revenue History
Swiss Estates's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Swiss Estates Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BRSE:SEAP Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 6.20 1.28 1.33
2018-03-31 6.14 1.51 1.32
2017-12-31 6.08 1.74 1.32
2017-09-30 5.84 -0.08 1.34
2017-06-30 5.59 -1.90 1.36
2017-03-31 5.47 -1.99 1.32
2016-12-31 5.35 -2.08 1.28
2016-09-30 5.46 0.15 1.27
2016-06-30 5.58 2.38 1.26
2016-03-31 5.62 2.32 1.38
2015-12-31 5.67 2.26 1.50
2015-09-30 5.65 1.12 1.53
2015-06-30 5.63 -0.01 1.56
2015-03-31 5.48 -0.01 1.52
2014-12-31 5.32 -0.01 1.49
2014-09-30 4.82 2.74 1.61
2014-06-30 4.32 5.49 1.73
2014-03-31 3.87 5.54 1.68
2013-12-31 3.41 5.58 1.64
2013-09-30 3.46 4.97 1.42
2013-06-30 3.51 4.35 1.19
2013-03-31 3.59 4.40 1.10
2012-12-31 3.67 4.44 1.00
2012-09-30 3.61 -4.48 0.99
2012-06-30 3.55 -13.40 0.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Swiss Estates has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Swiss Estates used its assets less efficiently than the CH Real Estate industry average last year based on Return on Assets.
  • Swiss Estates's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Swiss Estates's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Swiss Estates has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Swiss Estates's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Swiss Estates's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Swiss Estates is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Swiss Estates's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Swiss Estates's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Swiss Estates Company Filings, last reported 10 months ago.

BRSE:SEAP Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 45.63 113.15 0.77
2018-03-31 45.63 113.15 0.77
2017-12-31 45.24 109.39 0.67
2017-09-30 45.24 109.39 0.67
2017-06-30 44.17 108.56 0.63
2017-03-31 44.17 108.56 0.63
2016-12-31 43.31 109.67 0.81
2016-09-30 43.31 109.67 0.81
2016-06-30 45.87 107.33 1.05
2016-03-31 45.87 107.33 1.05
2015-12-31 45.19 107.91 1.03
2015-09-30 45.19 107.91 1.03
2015-06-30 42.34 105.40 0.19
2015-03-31 42.34 105.40 0.19
2014-12-31 43.58 105.25 0.22
2014-09-30 43.58 105.25 0.22
2014-06-30 34.04 77.46 0.21
2014-03-31 34.04 77.46 0.21
2013-12-31 33.67 54.29 0.24
2013-09-30 33.67 54.29 0.24
2013-06-30 28.55 53.01 0.55
2013-03-31 28.55 53.01 0.55
2012-12-31 25.59 43.55 0.64
2012-09-30 25.59 43.55 0.64
2012-06-30 21.69 43.20 0.09
  • Swiss Estates's level of debt (248%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (185.4% vs 248% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 1.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Swiss Estates's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Swiss Estates has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Swiss Estates dividends.
If you bought CHF2,000 of Swiss Estates shares you are expected to receive CHF0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Swiss Estates's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Swiss Estates's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BRSE:SEAP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Switzerland Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.8%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 166 Stocks 3.1%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Switzerland Bottom 25% Dividend Yield 25th Percentile 2%
Switzerland Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BRSE:SEAP Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Swiss Estates has not reported any payouts.
  • Unable to verify if Swiss Estates's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Swiss Estates's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Swiss Estates has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Swiss Estates's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Swiss Estates afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Swiss Estates has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Udo Rössig
COMPENSATION CHF0
CEO Bio

Mr. Udo Rössig serves as Chief Executive Officer of SE Swiss Estates AG. Mr. Rössig served as a Member of the Management Board at SE Swiss Estates AG. He serves as the President of the Board of Directors at SE Swiss Estates AG.

CEO Compensation
  • Udo's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Udo's remuneration is lower than average for companies of similar size in Switzerland.
Management Team

Udo Rössig

TITLE
President of the Board of Directors & CEO

Joachim Schneebeli

TITLE
Head of Finance
Board of Directors

Udo Rössig

TITLE
President of the Board of Directors & CEO

Peter Grote

TITLE
Director
TENURE
4.9 yrs

Christian Terberger

TITLE
Director
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
X
Management checks
We assess Swiss Estates's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Swiss Estates has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Swiss Estates AG invests in the real estate properties in Switzerland. It primarily focuses on residential properties. The company is based in Lucerne, Switzerland.

Details
Name: Swiss Estates AG
SEAP
Exchange: BRSE
Founded:
CHF17,204,090
3,413,510
Website: http://www.swiss-estates.ch
Address: Swiss Estates AG
Alpenquai 28a,
Lucerne,
Lucerne, 6005,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BRSE SEAN Registered Shares Berne Stock Exchange CH CHF 06. Dec 2006
BRSE SEAP CHF9.80 (NON VTG PRF SHS) Berne Stock Exchange CH CHF 04. Dec 2006
DB WAG CHF9.80 (NON VTG PRF SHS) Deutsche Boerse AG DE EUR 04. Dec 2006
Number of employees
Current staff
Staff numbers
6
Swiss Estates employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 21:16
End of day share price update: 2019/05/20 00:00
Last estimates confirmation: 2018/05/07
Last earnings filing: 2018/10/25
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.