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Takarék Jelzálogbank Nyrt

DB:FH21
Snowflake Description

Imperfect balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FH21
DB
HUF72B
Market Cap
  1. Home
  2. DE
  3. Banks
Company description

Takarék Jelzálogbank Nyrt., together with its subsidiaries, provides mortgage banking services in Hungary. The last earnings update was 107 days ago. More info.


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FH21 Share Price and Events
7 Day Returns
-0.8%
DB:FH21
-0.3%
Europe Mortgage
-0.6%
DE Market
1 Year Returns
5.1%
DB:FH21
-18.3%
Europe Mortgage
-8.3%
DE Market
FH21 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Takarék Jelzálogbank Nyrt (FH21) -0.8% -2.3% -10.3% 5.1% 17.3% -22.8%
Europe Mortgage -0.3% -2.1% -11.4% -18.3% 23.9% 12.7%
DE Market -0.6% 1.8% -3.2% -8.3% 8.9% 10.6%
1 Year Return vs Industry and Market
  • FH21 outperformed the Mortgage industry which returned -18.3% over the past year.
  • FH21 outperformed the Market in Germany which returned -8.3% over the past year.
Price Volatility
FH21
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Takarék Jelzálogbank Nyrt's competitors could be found in our database.

FH21 Value

 Is Takarék Jelzálogbank Nyrt 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 Takarék Jelzálogbank Nyrt. This is due to cash flow or dividend data being unavailable. The share price is €1.955.
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 Takarék Jelzálogbank Nyrt's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Takarék Jelzálogbank Nyrt's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FH21 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HUF HUF63.72
BUSE:TAKAREKJZB Share Price ** BUSE (2019-07-18) in HUF HUF664
Europe Mortgage Industry PE Ratio Median Figure of 16 Publicly-Listed Mortgage Companies 8.69x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.71x

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

** Primary Listing of Takarék Jelzálogbank Nyrt.

DB:FH21 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BUSE:TAKAREKJZB Share Price ÷ EPS (both in HUF)

= 664 ÷ 63.72

10.42x

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

  • Takarék Jelzálogbank Nyrt is overvalued based on earnings compared to the Europe Mortgage industry average.
  • Takarék Jelzálogbank Nyrt is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Takarék Jelzálogbank Nyrt's expected growth come at a high price?
Raw Data
DB:FH21 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Mortgage Industry PEG Ratio Median Figure of 7 Publicly-Listed Mortgage Companies 0.99x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.45x

*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 Takarék Jelzálogbank Nyrt, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Takarék Jelzálogbank Nyrt's assets?
Raw Data
DB:FH21 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HUF HUF381.60
BUSE:TAKAREKJZB Share Price * BUSE (2019-07-18) in HUF HUF664
Europe Mortgage Industry PB Ratio Median Figure of 18 Publicly-Listed Mortgage Companies 0.66x
Germany Market PB Ratio Median Figure of 569 Publicly-Listed Companies 1.75x
DB:FH21 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BUSE:TAKAREKJZB Share Price ÷ Book Value per Share (both in HUF)

= 664 ÷ 381.60

1.74x

* Primary Listing of Takarék Jelzálogbank Nyrt.

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

  • Takarék Jelzálogbank Nyrt is overvalued based on assets compared to the Europe Mortgage industry average.
X
Value checks
We assess Takarék Jelzálogbank Nyrt'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 Mortgage 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 Mortgage industry average (and greater than 0)? (1 check)
  5. Takarék Jelzálogbank Nyrt has a total score of 1/6, 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.

FH21 Future Performance

 How is Takarék Jelzálogbank Nyrt expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Takarék Jelzálogbank Nyrt has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
10.2%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Takarék Jelzálogbank Nyrt expected to grow at an attractive rate?
  • Unable to compare Takarék Jelzálogbank Nyrt's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Takarék Jelzálogbank Nyrt's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Takarék Jelzálogbank Nyrt's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:FH21 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
Europe Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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
DB:FH21 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HUF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FH21 Past Financials Data
Date (Data in HUF Millions) Revenue Cash Flow Net Income *
2018-12-31 28,957 -277,209 6,897
2018-09-30 22,330 1,870
2018-06-30 16,097 -333,527 -3,158
2018-03-31 14,586 -292,367 -5,179
2017-12-31 13,030 -311,916 -6,972
2017-09-30 10,708 -12,469
2017-06-30 13,913 -98,129 -9,041
2017-03-31 17,405 -53,153 -9,492
2016-12-31 13,027 -31,806 -10,917
2016-09-30 24,855 -66,293 -4,276
2016-06-30 24,211 -109,203 -4,555
2016-03-31 21,376 -125,394 -5,778

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Takarék Jelzálogbank Nyrt is high growth as no earnings estimate data is available.
  • Unable to determine if Takarék Jelzálogbank Nyrt 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
DB:FH21 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Takarék Jelzálogbank Nyrt Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FH21 Past Financials Data
Date (Data in HUF Millions) EPS *
2018-12-31 63.72
2018-09-30 17.27
2018-06-30 -29.18
2018-03-31 -47.85
2017-12-31 -64.41
2017-09-30 -115.20
2017-06-30 -83.53
2017-03-31 -87.70
2016-12-31 -100.86
2016-09-30 -39.51
2016-06-30 -42.08
2016-03-31 -53.38

*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 Takarék Jelzálogbank Nyrt will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Takarék Jelzálogbank Nyrt's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  2. Takarék Jelzálogbank Nyrt's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Takarék Jelzálogbank Nyrt'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Takarék Jelzálogbank Nyrt has a total score of 0/6, 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.

FH21 Past Performance

  How has Takarék Jelzálogbank Nyrt performed over the past 5 years?

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 Takarék Jelzálogbank Nyrt's growth in the last year to its industry (Mortgage).
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.
  • Takarék Jelzálogbank Nyrt's year on year earnings growth rate has been positive over the past 5 years.
  • Takarék Jelzálogbank Nyrt has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Takarék Jelzálogbank Nyrt has become profitable in the last year making it difficult to compare the Europe Mortgage industry average.
Earnings and Revenue History
Takarék Jelzálogbank Nyrt'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 Takarék Jelzálogbank Nyrt Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FH21 Past Revenue, Cash Flow and Net Income Data
Date (Data in HUF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 28,957.00 6,897.00 18,251.00
2018-09-30 22,330.00 1,869.50 17,161.00
2018-06-30 16,097.00 -3,158.00 16,477.00
2018-03-31 14,586.00 -5,179.00 16,900.50
2017-12-31 13,030.00 -6,972.00 17,201.00
2017-09-30 10,707.50 -12,469.00 16,884.60
2017-06-30 13,913.00 -9,041.00 17,317.00
2017-03-31 17,405.00 -9,492.00 19,364.00
2016-12-31 13,027.00 -10,917.00 17,636.00
2016-09-30 24,855.00 -4,276.00 16,877.40
2016-06-30 24,211.00 -4,555.00 21,584.00
2016-03-31 21,376.00 -5,778.00 19,383.00
2015-12-31 20,870.00 -8,304.00 17,444.00
2015-09-30 36,583.00 -10,884.00 21,992.00
2015-06-30 29,100.00 -17,572.00 14,976.00
2015-03-31 26,985.00 -19,635.00 14,873.00
2014-12-31 29,136.00 -14,686.00 14,574.00
2014-09-30 11,925.00 -9,388.00 14,310.00
2014-06-30 19,064.00 -2,480.00 14,170.00
2014-03-31 19,525.00 -1,930.00 13,996.00
2013-12-31 16,279.00 -4,664.00 13,952.00
2013-09-30 11,866.00 -6,964.00 14,471.00
2013-06-30 9,201.00 -9,306.00 14,390.00
2013-03-31 13,111.00 -6,248.00 14,233.00
2012-12-31 15,506.00 -4,645.00 14,220.00
2012-09-30 8,876.00 -6,804.00 -605.00

*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.
  • Takarék Jelzálogbank Nyrt has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Takarék Jelzálogbank Nyrt used its assets more efficiently than the Europe Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Takarék Jelzálogbank Nyrt improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Takarék Jelzálogbank Nyrt'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 Mortgage 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.
Takarék Jelzálogbank Nyrt has a total score of 2/6, 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.

FH21 Health

 How is Takarék Jelzálogbank Nyrt's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Takarék Jelzálogbank Nyrt'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.
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 Takarék Jelzálogbank Nyrt Company Filings, last reported 6 months ago.

DB:FH21 Past Debt and Equity Data
Date (Data in HUF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 55,236.00 382,173.00 262,998.00
2018-09-30 55,236.00 382,173.00 262,998.00
2018-06-30 52,100.00 261,320.00 64,111.00
2018-03-31 52,100.00 261,320.00 64,111.00
2017-12-31 50,332.00 219,024.00 184,121.00
2017-09-30 50,332.00 219,024.00 184,121.00
2017-06-30 57,531.00 224,484.00 93,608.00
2017-03-31 58,137.00 219,968.00 96,830.00
2016-12-31 57,602.00 231,082.00 131,666.00
2016-09-30 71,275.00 246,369.00 84,524.00
2016-06-30 71,057.00 248,776.00 127,210.00
2016-03-31 107,448.00 292,766.00 141,380.00
2015-12-31 108,532.00 297,075.00 104,687.00
2015-09-30 82,261.00 324,936.00 62,690.00
2015-06-30 82,529.00 318,981.00 70,445.00
2015-03-31 83,917.00 370,577.00 76,104.00
2014-12-31 88,048.00 347,649.00 71,192.00
2014-09-30 91,199.00 336,095.00 54,279.00
2014-06-30 73,397.00 319,546.00 60,933.00
2014-03-31 76,949.00 450,047.00 125,101.00
2013-12-31 76,072.00 422,631.00 71,807.00
2013-09-30 75,574.00 388,294.00 61,832.00
2013-06-30 75,929.00 380,316.00 65,330.00
2013-03-31 76,061.00 374,351.00 47,947.00
2012-12-31 77,540.00 504,672.00 45,806.00
2012-09-30 51,227.00 530,523.00 38,949.00
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Takarék Jelzálogbank Nyrt has an acceptable proportion of non-loan assets held.
  • Takarék Jelzálogbank Nyrt's liabilities are made up of primarily higher risk sources of funding.
  • Takarék Jelzálogbank Nyrt has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).
  • Takarék Jelzálogbank Nyrt's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Takarék Jelzálogbank Nyrt has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Takarék Jelzálogbank Nyrt has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Takarék Jelzálogbank Nyrt'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. Takarék Jelzálogbank Nyrt has a total score of 2/6, 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.

FH21 Dividends

 What is Takarék Jelzálogbank Nyrt'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 Takarék Jelzálogbank Nyrt dividends.
If you bought €2,000 of Takarék Jelzálogbank Nyrt shares you are expected to receive €0 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 Takarék Jelzálogbank Nyrt's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Takarék Jelzálogbank Nyrt'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
DB:FH21 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
Europe Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany 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.

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

  • Unable to perform a dividend volatility check as Takarék Jelzálogbank Nyrt has not reported any payouts.
  • Unable to verify if Takarék Jelzálogbank Nyrt's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Takarék Jelzálogbank Nyrt's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Takarék Jelzálogbank Nyrt 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 Takarék Jelzálogbank Nyrt's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Takarék Jelzálogbank Nyrt afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Takarék Jelzálogbank Nyrt 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.

FH21 Management

 What is the CEO of Takarék Jelzálogbank Nyrt'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
Gyula Nagy
TENURE AS CEO 2.3 years
CEO Bio

Dr. Gyula László Nagy serves as the Chief Executive Officer and Director at FHB Jelzálogbank Nyrt. Dr. Nagy has been the Head of Partner Refinancing Department at FHB Co. Plc. since October 2007, leading the refinancing activity of FHB Group. He worked as the Head of Export Department at Ganz Árammérogyár since 1977, then as Sales Representative at Unicbank Rt. and as Head of Corporate Partner Relations Unit at Citibank Hungary Rt. He led the Corporate Business Branch of BNP-Dresdner Bank Rt from 1991 to 1995 and of HVB Bank Hungary Rt. from 1995 to 1999. He served as Deputy Chief Executive Officer and Director of HVB Bank Hungary Rt. from 1999 to 2001, furthermore he served as the Chief Executive Officer of Unicredit Jelzálogbank Zrt. from 2001 to 2007. He has Master in Real Estate and is a Member of Research and Statistic Committee of European Mortgage Federation. Dr. Nagy graduated as Export Trader in 1976 from Budapest Economics University and he earned the title of Doctor in Economics in 1981.

CEO Compensation
  • Insufficient data for Gyula to compare compensation growth.
  • Insufficient data for Gyula to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Takarék Jelzálogbank Nyrt management team in years:

2.3
Average Tenure
  • The tenure for the Takarék Jelzálogbank Nyrt management team is about average.
Management Team

Gyula Nagy

TITLE
CEO & Director
TENURE
2.3 yrs

Bozzai Rita

TITLE
Large Shareholders Liaison Officer & Secretary

Szuda Janos

TITLE
Managing Director

Gábor Fejér

TITLE
Deputy Chief Executive Office for IT
TENURE
4.1 yrs

Attila Mészáros

TITLE
Deputy CEO & Director
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure of the Takarék Jelzálogbank Nyrt board of directors in years:

2.5
Average Tenure
  • The average tenure for the Takarék Jelzálogbank Nyrt board of directors is less than 3 years, this suggests a new board.
Board of Directors

József Vida

TITLE
Chairman of the Board
TENURE
2.6 yrs

Gyula Nagy

TITLE
CEO & Director

Attila Mészáros

TITLE
Deputy CEO & Director
TENURE
2.7 yrs

Zsolt Harmath

TITLE
Chairman of the Supervisory Board
AGE
44
TENURE
2.5 yrs

Gábor Soltész

TITLE
External Director
TENURE
2.7 yrs

Éva Hegedus

TITLE
Director
TENURE
0.8 yrs

György Pórfy

TITLE
Member of the Supervisory Board
TENURE
2.5 yrs

Balázs Reiniger

TITLE
Member of the Supervisory Board
TENURE
2.5 yrs

Mónika Kovács

TITLE
Member of the Supervisory Board
TENURE
2.5 yrs

Éva Gödör

TITLE
Member of the Supervisory Board
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Takarék Jelzálogbank Nyrt'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. Takarék Jelzálogbank Nyrt 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.

FH21 News

Simply Wall St News

FH21 Company Info

Description

Takarék Jelzálogbank Nyrt., together with its subsidiaries, provides mortgage banking services in Hungary. The company operates through Retail, Corporate, Investment Services, Treasury, Refinancing, and Other segments. It offers various deposits, savings, and bank accounts; housing loans, consumer loans, corporate loans, and commercial real estate loans; and bank cards and electronic payment systems services. The company also refinances mortgage loans provided by commercial banks to their customers. In addition, it provides real estate collateral valuation, investment, agency and sales, and management services; purchase, handles, and collects receivables of retail customers; investment services; electronic bill payment services; liquidity management, and asset and liability services; fund and property management services; leasing services; and IT services. The company was formerly known as FHB Jelzálogbank Nyrt. Takarék Jelzálogbank Nyrt. was founded in 1997 and is based in Budapest, Hungary.

Details
Name: Takarék Jelzálogbank Nyrt.
FH21
Exchange: DB
Founded: 1997
HUF220,518,927
108,236,699
Website: http://www.takarek.hu/tarsasag/Rolunk
Address: Takarék Jelzálogbank Nyrt.
Ülloi út 48,
Budapest,
1082,
Hungary
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BUSE TAKAREKJZB Class A Ordinary Shares Budapest Stock Exchange HU HUF 25. Nov 2003
DB FH21 Class A Ordinary Shares Deutsche Boerse AG DE EUR 25. Nov 2003
Number of employees
Current staff
Staff numbers
816
Takarék Jelzálogbank Nyrt employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 20:55
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2019/04/02
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.