XTRA:FPH

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Francotyp-Postalia Holding

Executive Summary

Francotyp-Postalia Holding AG provides multi-channel for mail communication. More Details


Snowflake Analysis

Very undervalued with adequate balance sheet.


Similar Companies

Share Price & News

How has Francotyp-Postalia Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.1%

FPH

-1.1%

DE Commercial Services

0.1%

DE Market


1 Year Return

-9.0%

FPH

-11.4%

DE Commercial Services

6.2%

DE Market

Return vs Industry: FPH exceeded the German Commercial Services industry which returned -11.4% over the past year.

Return vs Market: FPH underperformed the German Market which returned 6.2% over the past year.


Shareholder returns

FPHIndustryMarket
7 Day-2.1%-1.1%0.1%
30 Day-0.6%-2.1%1.5%
90 Day-0.9%-0.7%5.3%
1 Year-9.0%-9.0%-9.9%-11.4%8.7%6.2%
3 Year-28.3%-31.2%-17.6%-23.7%6.4%-2.3%
5 Year-15.8%-23.8%-1.1%-12.9%36.6%18.0%

Price Volatility Vs. Market

How volatile is Francotyp-Postalia Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Francotyp-Postalia Holding undervalued compared to its fair value and its price relative to the market?

43.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FPH (€3.25) is trading below our estimate of fair value (€5.73)

Significantly Below Fair Value: FPH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FPH is good value based on its PE Ratio (17.7x) compared to the XE Commercial Services industry average (19.2x).

PE vs Market: FPH is good value based on its PE Ratio (17.7x) compared to the German market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: FPH is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: FPH is good value based on its PB Ratio (1.6x) compared to the DE Commercial Services industry average (2.1x).


Next Steps

Future Growth

How is Francotyp-Postalia Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

37.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FPH's forecast earnings growth (37.8% per year) is above the savings rate (0.2%).

Earnings vs Market: FPH's earnings (37.8% per year) are forecast to grow faster than the German market (27.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FPH's revenue (1.6% per year) is forecast to grow slower than the German market (6.1% per year).

High Growth Revenue: FPH's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FPH's Return on Equity is forecast to be low in 3 years time (13%).


Next Steps

Past Performance

How has Francotyp-Postalia Holding performed over the past 5 years?

-23.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FPH has a large one-off loss of €8.5M impacting its June 30 2020 financial results.

Growing Profit Margin: FPH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FPH's earnings have declined by 23.1% per year over the past 5 years.

Accelerating Growth: FPH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FPH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-2.1%).


Return on Equity

High ROE: FPH's Return on Equity (8.3%) is considered low.


Next Steps

Financial Health

How is Francotyp-Postalia Holding's financial position?


Financial Position Analysis

Short Term Liabilities: FPH's short term assets (€87.8M) exceed its short term liabilities (€83.1M).

Long Term Liabilities: FPH's short term assets (€87.8M) exceed its long term liabilities (€69.6M).


Debt to Equity History and Analysis

Debt Level: FPH's debt to equity ratio (105.5%) is considered high.

Reducing Debt: FPH's debt to equity ratio has increased from 91.3% to 105.5% over the past 5 years.

Debt Coverage: FPH's debt is well covered by operating cash flow (77.3%).

Interest Coverage: FPH earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Francotyp-Postalia Holding current dividend yield, its reliability and sustainability?

3.22%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FPH's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FPH'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?

3.5yrs

Average management tenure


CEO

Rüdiger Günther (62 yo)

4.67yrs

Tenure

€917,000

Compensation

Mr. Rüdiger Andreas Günther has been the Chief Executive Officer, Chief Financial Officer and Chairman of the Management Board at Francotyp Postalia Holding AG since January 11, 2016. Mr. Günther served as ...


CEO Compensation Analysis

Compensation vs Market: Rüdiger's total compensation ($USD1.08M) is above average for companies of similar size in the German market ($USD478.34K).

Compensation vs Earnings: Rüdiger's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Rüdiger Günther
Chairman of the Management Board4.67yrs€917.00k0.22%
€ 113.3k
Sven Meise
COO, Chief Digital Officer & Member of Management Boardno data€729.00k0.090%
€ 46.8k
Patricius de Gruyter
Chief Sales Officer & Member of Management Board2.25yrs€595.00k0.063%
€ 32.5k
Carsten Lind
Member of Management Board0.25yrno datano data
Maik Laske
Head of Treasuryno datano datano data
Karl Thiel
VP of Corporate Communicationsno datano datano data
Ernst Holzmann
Vice-President of Marketing & Product Managementno datano datano data
Thomas Reinking
Managing Director of FP Hanse in Hamburg13.67yrsno datano data
Matthias Lorenzen
Head of Innovation Projectsno datano datano data

3.5yrs

Average Tenure

55yo

Average Age

Experienced Management: FPH's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Klaus Röhrig
Chairman of Supervisory Board7.42yrs€45.00k1.88%
€ 975.0k
Botho Oppermann
Independent Deputy Chairman of Supervisory Board0.83yr€31.00k1.88%
€ 975.0k
Mathias Schindl
Member of Supervisory Board0.83yr€4.00kno data

0.8yrs

Average Tenure

55yo

Average Age

Experienced Board: FPH's board of directors are not considered experienced ( 0.8 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

Francotyp-Postalia Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Francotyp-Postalia Holding AG
  • Ticker: FPH
  • Exchange: XTRA
  • Founded: 1923
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: €51.899m
  • Shares outstanding: 15.97m
  • Website: https://www.fp-francotyp.com

Number of Employees


Location

  • Francotyp-Postalia Holding AG
  • Prenzlauer Promenade 28
  • Berlin
  • Berlin
  • 13089
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FPHDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2006
FPHXTRA (XETRA Trading Platform)YesCommon StockDEEURNov 2006
0NACLSE (London Stock Exchange)YesCommon StockGBEURNov 2006
FPHdBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURNov 2006

Biography

Francotyp-Postalia Holding AG provides multi-channel for mail communication. The company in operates through four segments: Production, Sales Germany, International Sales, and Central Functions. The compan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 04:13
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.