DB:27V

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Executive Summary

Avantium N.V., a chemical technology company, provides catalysis services and systems to the oil, gas, chemical, and renewable industries in the Netherlands.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Avantium's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 27V's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

27V

4.0%

DE Professional Services

3.2%

DE Market


1 Year Return

113.2%

27V

0.9%

DE Professional Services

0.01%

DE Market

Return vs Industry: 27V exceeded the German Professional Services industry which returned 0.7% over the past year.

Return vs Market: 27V exceeded the German Market which returned 0.3% over the past year.


Shareholder returns

27VIndustryMarket
7 Day0%4.0%3.2%
30 Day41.0%6.2%4.7%
90 Day26.3%-1.3%-0.9%
1 Year113.2%113.2%3.2%0.9%1.7%0.01%
3 Year-49.2%-49.2%22.5%13.0%-6.8%-14.0%
5 Yearn/a68.0%46.4%3.9%-9.5%

Price Volatility Vs. Market

How volatile is Avantium's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 27V's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 27V's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 27V is unprofitable, so we can't compare its PE Ratio to the Professional Services industry average.

PE vs Market: 27V 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 27V's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 27V is overvalued based on its PB Ratio (2x) compared to the XE Professional Services industry average (1.8x).


Next Steps

Future Growth

How is Avantium forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.6%

Forecasted Commercial Services industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 27V's forecast earnings growth is above the savings rate (0.2%).

Earnings vs Market: Insufficient data to determine if 27V's earnings are forecast to grow faster than the German market

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

Revenue vs Market: Insufficient data to determine if 27V's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 27V's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 27V's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Avantium performed over the past 5 years?

-43.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 27V is currently unprofitable.

Growing Profit Margin: 27V is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 27V is unprofitable, and losses have increased over the past 5 years at a rate of -43.4% per year.

Accelerating Growth: Unable to compare 27V's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 27V is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (-2.9%).


Return on Equity

High ROE: 27V has a negative Return on Equity (-34.51%), as it is currently unprofitable.


Next Steps

Financial Health

How is Avantium's financial position?


Financial Position Analysis

Short Term Liabilities: 27V's short term assets (€58.4M) exceed its short term liabilities (€19.0M).

Long Term Liabilities: 27V's short term assets (€58.4M) exceed its long term liabilities (€9.3M).


Debt to Equity History and Analysis

Debt Level: 27V is debt free.

Reducing Debt: 27V has no debt compared to 5 years ago when its debt to equity ratio was 18.8%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 27V has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 27V has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 20.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 27V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 27V'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 27V's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 27V's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 27V'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?

6.5yrs

Average management tenure


CEO

Tom van Aken (49yo)

14.42yrs

Tenure

€539,000

Compensation

Mr. Tom B. van Aken has been the Chief Executive Officer and Member of Management Board at Avantium N.V. (formerly, Avantium Holding N.V.) since 2005 and February 17, 2006 respectively. Mr. van Aken has be ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD599.22K) is about average for companies of similar size in the German market ($USD711.07K).

Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Tom van Aken
CEO & Member of Management Board14.42yrs€539.00kno data
Bart Welten
CFO & Member of Management Board0.33yrno datano data
Gert-Jan Gruter
Chief Technology Officer16.33yrsno datano data
Carmen Portocarero
General Counsel8.08yrsno datano data
Dominique Levant
Marketing & Communications Officerno datano datano data
Alex de Santana
Director of Business Developmentno datano datano data
Steven Olivier
Managing Director of Catalysis4.92yrsno datano data
Susanna McFerson
Managing Director of Renewable Chemistries2.5yrsno datano data

6.5yrs

Average Tenure

53yo

Average Age

Experienced Management: 27V's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Denis Lucquin
Member of Supervisory Board9yrs€50.00kno data
Edwin Moses
Independent Chairman of Supervisory Board0.42yr€3.00kno data
G. Schoolenberg
Director of the Supervisory Boardno datano datano data
Margret Kleinsman
Independent Member of Supervisory Board2.92yrs€50.00kno data
Michelle Jou
Member of Supervisory Boardno datano datano data

2.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 27V's board of directors are not considered experienced ( 2.9 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

Avantium N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Avantium N.V.
  • Ticker: 27V
  • Exchange: DB
  • Founded:
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Market Cap: €136.626m
  • Shares outstanding: 25.78m
  • Website: https://www.avantium.com

Number of Employees


Location

  • Avantium N.V.
  • Zekeringstraat 29
  • Amsterdam
  • Noord-Holland
  • 1014 BV
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AVTXENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURMar 2017
0RNPLSE (London Stock Exchange)YesOrdinary SharesGBEURMar 2017
27VDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2017
AVTX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2017
AVTXABATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMar 2017

Biography

Avantium N.V., a chemical technology company, provides catalysis services and systems to the oil, gas, chemical, and renewable industries in the Netherlands. The company operates through three segments: Catalysis, Renewable Chemistries, and Renewable Polymers. It offers catalyst testing systems, including Flowrence XD that provides catalyst testing for the early discovery stage, when customers need to find out what catalyst works for their chemical process; Flowrence XR system that enables research into optimizing the catalysts; Flowrence XP that provides testing of catalysts in the process development stage; and Flowrence XC that offers testing of catalysts in the commercialization stage, as well as provides R&D services and refinery catalyst testing services. The company also develops and commercializes products and processes in the renewable and chemistries space. In addition, it develops ray technology to produce mono-ethylene glycol from industrial sugars; and dawn technology which convert non-food plant-based feedstock to industrial sugars and lignin. Further, the company produces furandicarboxylic acid, a building block for polyethylene furanoate (PEF); and PEF, a plant-based recyclable plastic for use as packaging material. Avantium N.V. is headquartered in Amsterdam, the Netherlands. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 00:43
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.