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Amiad Water Systems

DB:A5F
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A5F
DB
£37M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Amiad Water Systems Ltd., together with its subsidiaries, produces and supplies water filters and filtration systems for the industrial, municipal, ballast water, oil and gas, and irrigation markets worldwide. The last earnings update was 196 days ago. More info.


Add to Portfolio Compare Print
  • Amiad Water Systems has significant price volatility in the past 3 months.
A5F Share Price and Events
7 Day Returns
-5.2%
DB:A5F
-0%
DE Machinery
2.1%
DE Market
1 Year Returns
-9.9%
DB:A5F
-23.7%
DE Machinery
-7.6%
DE Market
A5F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amiad Water Systems (A5F) -5.2% -17.6% -22.5% -9.9% -3.1% -44.5%
DE Machinery -0% -2.5% 3.9% -23.7% -8.2% 11.3%
DE Market 2.1% 3.6% 8.1% -7.6% 9.8% 12.4%
1 Year Return vs Industry and Market
  • A5F outperformed the Machinery industry which returned -23.7% over the past year.
  • A5F underperformed the Market in Germany which returned -7.6% over the past year.
Price Volatility
A5F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Amiad Water Systems's competitors could be found in our database.

A5F Value

 Is Amiad Water Systems 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
Here we compare the current share price of Amiad Water Systems to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Amiad Water Systems.

DB:A5F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:A5F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.06 (1 + (1- 23%) (52.55%))
1.327
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.33
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.327 * 5.96%)
8.14%

Discounted Cash Flow Calculation for DB:A5F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Amiad Water Systems is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:A5F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.14%)
2019 4.49 Analyst x1 4.15
2020 4.79 Analyst x1 4.10
2021 5.09 Analyst x1 4.03
2022 5.29 Analyst x1 3.87
2023 5.59 Analyst x1 3.78
2024 5.79 Est @ 3.57% 3.62
2025 5.94 Est @ 2.57% 3.43
2026 6.05 Est @ 1.87% 3.23
2027 6.13 Est @ 1.37% 3.03
2028 6.19 Est @ 1.03% 2.83
Present value of next 10 years cash flows $36.08
DB:A5F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $6.19 × (1 + 0.23%) ÷ (8.14% – 0.23%)
$78.49
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $78.49 ÷ (1 + 8.14%)10
$35.89
DB:A5F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $36.08 + $35.89
$71.97
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $71.97 / 22.66
$2.8
DB:A5F Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:AFS)
0.757
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $3.18 x 0.757
£2.4
Non-primary Listing Adjustment Factor 1 share in DB:A5F represents 1.13313x of AIM:AFS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.13313x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 2.40 x 1.13313
€2.72
Value per share (EUR) From above. €2.72
Current discount Discount to share price of €1.83
= -1 x (€1.83 - €2.72) / €2.72
32.8%

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

Current Discount
Amount off the current price Amiad Water Systems is available for.
Intrinsic value
33%
Share price is €1.83 vs Future cash flow value of €2.72
Current Discount Checks
For Amiad Water Systems to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Amiad Water Systems's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Amiad Water Systems's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Amiad Water Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amiad Water Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:A5F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.10
AIM:AFS Share Price ** AIM (2019-03-20) in GBP £1.62
AIM:AFS Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.321 $2.13
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 15.58x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.91x

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

** Primary Listing of Amiad Water Systems.

DB:A5F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:AFS Share Price ÷ EPS (both in USD)

= 2.13 ÷ 0.10

21.73x

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

  • Amiad Water Systems is overvalued based on earnings compared to the DE Machinery industry average.
  • Amiad Water Systems is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Amiad Water Systems's expected growth come at a high price?
Raw Data
DB:A5F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.73x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
41.2%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.61x
Germany Market PEG Ratio Median Figure of 276 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

DB:A5F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.73x ÷ 41.2%

0.53x

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

  • Amiad Water Systems is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Amiad Water Systems's assets?
Raw Data
DB:A5F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $2.52
AIM:AFS Share Price * AIM (2019-03-20) in GBP £1.62
AIM:AFS Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.321 $2.13
Germany Machinery Industry PB Ratio Median Figure of 45 Publicly-Listed Machinery Companies 1.76x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.79x
DB:A5F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:AFS Share Price ÷ Book Value per Share (both in USD)

= 2.13 ÷ 2.52

0.85x

* Primary Listing of Amiad Water Systems.

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

  • Amiad Water Systems is good value based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Amiad Water Systems'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Amiad Water Systems 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.

A5F Future Performance

 How is Amiad Water Systems expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
41.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amiad Water Systems expected to grow at an attractive rate?
  • Amiad Water Systems's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Amiad Water Systems's earnings growth is expected to exceed the Germany market average.
  • Amiad Water Systems's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:A5F Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:A5F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 41.2%
DB:A5F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 5.8%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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:A5F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:A5F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31 123 7 4 1
2018-12-31 117 4 3 1
DB:A5F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 113 2 2
2018-03-31 113 3 3
2017-12-31 112 5 3
2017-09-30 111 6 3
2017-06-30 109 7 3
2017-03-31 107 6 3
2016-12-31 106 5 2
2016-09-30 109 8 3
2016-06-30 112 12 4
2016-03-31 115 13 4
2015-12-31 119 15 5
2015-09-30 118 11 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Amiad Water Systems's earnings are expected to grow significantly at over 20% yearly.
  • Amiad Water Systems's revenue is expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
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:A5F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Amiad Water Systems Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:A5F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31 0.19 0.19 0.19 1.00
2018-12-31 0.14 0.14 0.14 1.00
DB:A5F Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.10
2018-03-31 0.12
2017-12-31 0.14
2017-09-30 0.14
2017-06-30 0.15
2017-03-31 0.13
2016-12-31 0.10
2016-09-30 0.13
2016-06-30 0.16
2016-03-31 0.19
2015-12-31 0.22
2015-09-30 0.11

*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 Amiad Water Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Amiad Water Systems'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Amiad Water Systems 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.

A5F Past Performance

  How has Amiad Water Systems performed over the past 5 years?

  • Amiad Water Systems's last earnings update was 196 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 Amiad Water Systems's growth in the last year to its industry (Machinery).
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.
  • Amiad Water Systems's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Amiad Water Systems's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Amiad Water Systems's 1-year earnings growth is negative, it can't be compared to the DE Machinery industry average.
Earnings and Revenue History
Amiad Water Systems'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 Amiad Water Systems Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:A5F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 112.84 2.23 36.70 3.26
2018-03-31 112.56 2.70 36.39 3.23
2017-12-31 112.27 3.18 36.08 3.20
2017-09-30 110.56 3.27 35.45 3.36
2017-06-30 108.85 3.36 34.82 3.52
2017-03-31 107.22 2.85 34.59 3.46
2016-12-31 105.59 2.34 34.37 3.40
2016-09-30 108.81 3.02 34.76 3.26
2016-06-30 112.02 3.70 35.15 3.12
2016-03-31 115.40 4.31 35.82 3.02
2015-12-31 118.78 4.92 36.48 2.93
2015-09-30 118.10 2.55 37.23 2.91
2015-06-30 117.42 0.18 37.98 2.90
2015-03-31 117.95 -0.42 38.76 3.03
2014-12-31 118.47 -1.01 39.55 3.16
2014-09-30 117.86 0.27 39.83 3.40
2014-06-30 117.26 1.55 40.11 3.64
2014-03-31 118.02 2.63 39.75 3.50
2013-12-31 118.79 3.70 39.39 3.36
2013-09-30 122.54 5.52 39.76 3.08
2013-06-30 126.30 7.33 40.13 2.81
2013-03-31 128.53 7.73 41.20 2.85
2012-12-31 130.76 8.12 42.27 2.89
2012-09-30 127.60 7.64 42.32 2.59
2012-06-30 124.44 7.16 42.37 2.29
2012-03-31 120.86 7.11 41.43 2.06

*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.
  • Amiad Water Systems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Amiad Water Systems used its assets less efficiently than the DE Machinery industry average last year based on Return on Assets.
  • Amiad Water Systems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Amiad Water Systems'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 Machinery 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.
Amiad Water Systems 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.

A5F Health

 How is Amiad Water Systems'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 Amiad Water Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Amiad Water Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Amiad Water Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Amiad Water Systems'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 covered by short term assets, assets are 3.4x 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 Amiad Water Systems Company Filings, last reported 8 months ago.

DB:A5F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 59.79 25.40 14.74
2018-03-31 59.79 25.40 14.74
2017-12-31 60.58 25.78 16.12
2017-09-30 60.58 25.78 16.12
2017-06-30 59.69 23.75 16.13
2017-03-31 59.69 23.75 16.13
2016-12-31 57.53 24.85 16.09
2016-09-30 57.53 24.85 16.09
2016-06-30 55.50 26.65 16.42
2016-03-31 55.50 26.65 16.42
2015-12-31 55.84 25.86 17.02
2015-09-30 55.84 25.86 17.02
2015-06-30 54.62 32.66 14.93
2015-03-31 54.62 32.66 14.93
2014-12-31 52.75 35.42 14.09
2014-09-30 52.75 35.42 14.09
2014-06-30 56.51 34.43 14.79
2014-03-31 56.51 34.43 14.79
2013-12-31 55.55 28.53 14.87
2013-09-30 55.55 28.53 14.87
2013-06-30 56.60 30.12 14.51
2013-03-31 56.60 30.12 14.51
2012-12-31 55.37 31.58 14.26
2012-09-30 55.37 31.58 14.26
2012-06-30 52.99 36.42 12.96
2012-03-31 52.99 36.42 12.96
  • Amiad Water Systems's level of debt (42.5%) 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 (53.2% vs 42.5% today).
  • Debt is not well covered by operating cash flow (7.2%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Amiad Water Systems'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. Amiad Water Systems has a total score of 3/6, 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.

A5F Dividends

 What is Amiad Water Systems'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
1.31%
Current annual income from Amiad Water Systems dividends. Estimated to be 2.53% next year.
If you bought €2,000 of Amiad Water Systems shares you are expected to receive €26 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?
  • Amiad Water Systems's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.49%).
  • Amiad Water Systems's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
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:A5F 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 1 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 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.

DB:A5F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31 0.05 1.00
2018-12-31 0.05 1.00
DB:A5F Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-05-25 0.028 1.018
2018-04-11 0.028 1.240
2017-04-28 0.032 1.763
2017-03-30 0.032 2.125
2016-05-10 0.067 3.948
2016-03-24 0.067 2.800
2015-09-10 0.000 0.000
2015-03-31 0.000 0.000
2015-03-25 0.000 0.000
2014-09-11 0.044 1.807
2014-06-26 0.073 1.634
2014-04-02 0.073 1.586
2013-04-10 0.111 2.323
2012-06-14 0.104 2.044
2012-03-29 0.104 2.251
2011-06-27 0.078 2.365
2010-06-15 0.078 2.505
2010-04-15 0.078 2.350
2009-04-02 0.078 3.020
2009-03-23 0.083 4.537

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Amiad Water Systems's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
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 Amiad Water Systems'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 Amiad Water Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Amiad Water Systems has a total score of 1/6, see the detailed checks below.


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

A5F Management

 What is the CEO of Amiad Water Systems'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
Dori Ivzori
COMPENSATION $337,338
AGE 53
TENURE AS CEO 2.3 years
CEO Bio

Mr. Dori Ivzori has been the Chief Executive Officer and Director of Amiad Water Systems Ltd. since November 3, 2016. Mr. Ivzori joined Amiad from Tama Plastic Industry, General Partnership (Tama Plastics), where he served as the Managing Director, performed the functions of Chairman and Chief Executive Officer of the business since 2008. He was responsible for the strategic direction of Tama Plastics, including M&A in Europe and the USA and the running of the day-to-day operations. He also served in senior posts at Tama Plastics since 2000. Mr. Ivzori was admitted to the Bar in Israel in 2000 and started his career in 1986 working in Kibbutz Mishmar Haemek, including four years managing the kibbutz's farming activity.

CEO Compensation
  • Dori's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Dori's remuneration is about average for companies of similar size in Germany.
Management Team

Dori Ivzori

TITLE
CEO & Director
COMPENSATION
$337K
AGE
53
TENURE
2.3 yrs

Irit Ben-Dov

TITLE
Head of EMEA & Director
AGE
47
TENURE
4.1 yrs

Ben Gilad

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Amiad Water Systems board of directors in years:

4
Average Tenure
62
Average Age
  • The tenure for the Amiad Water Systems board of directors is about average.
Board of Directors

Yariv Avisar

TITLE
Non-Executive Chairman
AGE
56
TENURE
0.5 yrs

Dori Ivzori

TITLE
CEO & Director
COMPENSATION
$337K
AGE
53
TENURE
2.3 yrs

Irit Ben-Dov

TITLE
Head of EMEA & Director
AGE
47

Zehava Simon

TITLE
Non-Executive Director
COMPENSATION
$23K
AGE
59
TENURE
5 yrs

Derek Zissman

TITLE
Statutory External Director
COMPENSATION
$58K
AGE
74
TENURE
4 yrs

Amos Shalev

TITLE
Non-Executive Director
COMPENSATION
$23K
AGE
75
TENURE
8.6 yrs

Jenny Derfler

TITLE
Non-Executive Director
COMPENSATION
$30K
AGE
62
TENURE
5.6 yrs

Gilead Fortuna

TITLE
Non-Executive Director
COMPENSATION
$28K
AGE
77
TENURE
4 yrs

Oded Rosen

TITLE
Non-Executive Director
COMPENSATION
$22K
AGE
74
TENURE
3.7 yrs

Arie Schor

TITLE
Statutory External Director
TENURE
0.9 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 (€) Value (€)
X
Management checks
We assess Amiad Water Systems'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. Amiad Water Systems 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.

A5F News

Simply Wall St News

A5F Company Info

Description

Amiad Water Systems Ltd., together with its subsidiaries, produces and supplies water filters and filtration systems for the industrial, municipal, ballast water, oil and gas, and irrigation markets worldwide. It offers automatic, semi automatic, and manual filters, as well as fertigation injectors for farmers and large agricultural co-ops; automatic filters for industrial sector; and develops, manufactures, and distributes water treatment and filtration solutions for potable water and wastewater in various applications, such as pre-filtration for UV and tertiary treatment, and polishing, as well as for MF, UF, NF, and RO membranes. The company was formerly known as Amiad Filtration Systems Ltd. and changed its name to Amiad Water Systems Ltd. in September 2011. Amiad Water Systems Ltd. was founded in 1962 and is headquartered in Upper Galilee, Israel.

Details
Name: Amiad Water Systems Ltd.
A5F
Exchange: DB
Founded: 1962
£42,568,771
22,663,651
Website: http://www.amiad.com
Address: Amiad Water Systems Ltd.
D.N. Galil Elyon 1,
Upper Galilee,
12335,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM AFS Ordinary Shares London Stock Exchange AIM Market GB GBP 05. Dec 2005
OTCPK AFSL.F Ordinary Shares Pink Sheets LLC US USD 05. Dec 2005
DB A5F Ordinary Shares Deutsche Boerse AG DE EUR 05. Dec 2005
Number of employees
Current staff
Staff numbers
0
Amiad Water Systems employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 20:56
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/02/21
Last earnings filing: 2018/09/05
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.