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BDT

BertrandtXTRA:BDT Stock Report

Market Cap

€562.3m

7D

-1.3%

1Y

73.5%

Updated

25 Oct, 2021

Data

Company Financials +
BDT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

BDT Overview

Bertrandt Aktiengesellschaft develops solutions for the automotive and aviation industries in Germany and internationally.

Bertrandt Competitors

Tata Consultancy Services

NSEI:TCS

₹12.9t

Wipro

BSE:507685

₹3.6t

Capgemini

ENXTPA:CAP

€31.8b

Magna International

TSX:MG

CA$29.8b

Price History & Performance

Summary of all time highs, changes and price drops for Bertrandt
Historical stock prices
Current Share Price€54.40
52 Week High€28.80
52 Week Low€63.20
Beta1.46
1 Month Change2.26%
3 Month Change11.25%
1 Year Change73.52%
3 Year Change-22.18%
5 Year Change-43.95%
Change since IPO522.65%

Recent News & Updates

Jul 17
At €49.50, Is It Time To Put Bertrandt Aktiengesellschaft (ETR:BDT) On Your Watch List?

At €49.50, Is It Time To Put Bertrandt Aktiengesellschaft (ETR:BDT) On Your Watch List?

Bertrandt Aktiengesellschaft ( ETR:BDT ), is not the largest company out there, but it saw a decent share price growth...

May 17
Calculating The Fair Value Of Bertrandt Aktiengesellschaft (ETR:BDT)

Calculating The Fair Value Of Bertrandt Aktiengesellschaft (ETR:BDT)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Bertrandt...

Apr 29
Bertrandt (ETR:BDT) Has A Somewhat Strained Balance Sheet

Bertrandt (ETR:BDT) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Apr 04
At €50.00, Is It Time To Put Bertrandt Aktiengesellschaft (ETR:BDT) On Your Watch List?

At €50.00, Is It Time To Put Bertrandt Aktiengesellschaft (ETR:BDT) On Your Watch List?

While Bertrandt Aktiengesellschaft ( ETR:BDT ) might not be the most widely known stock at the moment, it led the XTRA...

Shareholder Returns

BDTDE Professional ServicesDE Market
7D-1.3%0.7%0.3%
1Y73.5%25.1%24.6%

Return vs Industry: BDT exceeded the German Professional Services industry which returned 25.1% over the past year.

Return vs Market: BDT exceeded the German Market which returned 24.6% over the past year.

Price Volatility

Is BDT's price volatile compared to industry and market?
BDT volatility
BDT Beta1.46
Industry Beta0.68
Market Beta1

Stable Share Price: BDT is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BDT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197411,899n/ahttps://www.bertrandt.com

Bertrandt Aktiengesellschaft develops solutions for the automotive and aviation industries in Germany and internationally. The company operates through Digital Engineering, Physical Engineering, and Electrical Systems/Electronics segments. It offers design services, including designing and surfacing, and design modelling and rapid technologies; interior development services, such as seat, cockpit, trim, and dimensional management services; and vehicle body development services comprising body-in-white, doors and closures, exterior, and light and visibility services.

Bertrandt Fundamentals Summary

How do Bertrandt's earnings and revenue compare to its market cap?
BDT fundamental statistics
Market Cap€562.30m
Earnings (TTM)-€1.88m
Revenue (TTM)€833.90m

0.7x

P/S Ratio

-292.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BDT income statement (TTM)
Revenue€833.90m
Cost of Revenue€712.89m
Gross Profit€121.01m
Expenses€122.89m
Earnings-€1.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Dec 09, 2021

Earnings per share (EPS)-0.19
Gross Margin14.51%
Net Profit Margin-0.22%
Debt/Equity Ratio65.6%

How did BDT perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

-81%

Payout Ratio

Valuation

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

1.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BDT (€55.7) is trading above our estimate of fair value (€50.88)

Significantly Below Fair Value: BDT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BDT is unprofitable, so we can't compare its PE Ratio to the European Professional Services industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BDT is good value based on its PB Ratio (1.4x) compared to the DE Professional Services industry average (5.9x).


Future Growth

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

51.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BDT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.01%).

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

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

Revenue vs Market: BDT's revenue (5.6% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: BDT's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BDT's Return on Equity is forecast to be low in 3 years time (9.6%).


Past Performance

How has Bertrandt performed over the past 5 years?

-34.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BDT is currently unprofitable.

Growing Profit Margin: BDT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BDT is unprofitable, and losses have increased over the past 5 years at a rate of 34% per year.

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

Earnings vs Industry: BDT is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (31.1%).


Return on Equity

High ROE: BDT has a negative Return on Equity (-0.46%), as it is currently unprofitable.


Financial Health

How is Bertrandt's financial position?


Financial Position Analysis

Short Term Liabilities: BDT's short term assets (€459.5M) exceed its short term liabilities (€156.4M).

Long Term Liabilities: BDT's short term assets (€459.5M) exceed its long term liabilities (€348.5M).


Debt to Equity History and Analysis

Debt Level: BDT's debt to equity ratio (65.6%) is considered high.

Reducing Debt: BDT's debt to equity ratio has increased from 59.6% to 65.6% over the past 5 years.

Debt Coverage: BDT's debt is well covered by operating cash flow (39.6%).

Interest Coverage: BDT's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Dividend

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

0.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BDT's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1%).

High Dividend: BDT's dividend (0.27%) is low compared to the top 25% of dividend payers in the German market (3.23%).


Stability and Growth of Payments

Stable Dividend: BDT is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: BDT is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BDT is not paying a notable dividend for the German market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.7yrs

Average board tenure


CEO

Bertrandt has no CEO, or we have no data on them.


Board Members

Experienced Board: BDT's board of directors are not considered experienced ( 2.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bertrandt Aktiengesellschaft's employee growth, exchange listings and data sources


Key Information

  • Name: Bertrandt Aktiengesellschaft
  • Ticker: BDT
  • Exchange: XTRA
  • Founded: 1974
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: €562.303m
  • Shares outstanding: 10.10m
  • Website: https://www.bertrandt.com

Number of Employees


Location

  • Bertrandt Aktiengesellschaft
  • Birkensee 1
  • Ehningen
  • Baden-Württemberg
  • 71139
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 17:46
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.