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ALBA

DB:ABA
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ABA
DB
€704M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

ALBA SE provides environmental services in Europe. The last earnings update was 249 days ago. More info.


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ABA Share Price and Events
7 Day Returns
0%
DB:ABA
1.5%
DE Commercial Services
1.8%
DE Market
1 Year Returns
-5.3%
DB:ABA
-8.1%
DE Commercial Services
-6%
DE Market
ABA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ALBA (ABA) 0% -5.3% 1.4% -5.3% 40.2% 16.3%
DE Commercial Services 1.5% 1.7% 10.8% -8.1% 1.3% -41%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • ABA outperformed the Commercial Services industry which returned -8.1% over the past year.
Price Volatility
ABA
Industry
5yr Volatility vs Market

ABA Value

 Is ALBA 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 ALBA 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 ALBA.

DB:ABA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 5.2%
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:ABA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 30%) (1.35%))
0.827
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.827 * 5.96%)
5.16%

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

The calculations below outline how an intrinsic value for ALBA 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:ABA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.16%)
2019 9.70 Est @ -19.8% 9.23
2020 8.36 Est @ -13.79% 7.56
2021 7.56 Est @ -9.58% 6.50
2022 7.06 Est @ -6.64% 5.77
2023 6.74 Est @ -4.58% 5.24
2024 6.53 Est @ -3.14% 4.83
2025 6.39 Est @ -2.13% 4.49
2026 6.30 Est @ -1.42% 4.21
2027 6.24 Est @ -0.93% 3.97
2028 6.20 Est @ -0.58% 3.75
Present value of next 10 years cash flows €55.56
DB:ABA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €6.20 × (1 + 0.23%) ÷ (5.16% – 0.23%)
€126.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €126.11 ÷ (1 + 5.16%)10
€76.27
DB:ABA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €55.56 + €76.27
€131.83
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €131.83 / 9.84
€13.4
DB:ABA Discount to Share Price
Calculation Result
Value per share (EUR) From above. €13.40
Current discount Discount to share price of €71.50
= -1 x (€71.50 - €13.40) / €13.40
-433.7%

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

  • The current share price of ALBA is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 ALBA's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ALBA's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:ABA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-0.01
DB:ABA Share Price ** DB (2019-04-09) in EUR €71.5
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 16.52x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

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

** Primary Listing of ALBA.

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

= DB:ABA Share Price ÷ EPS (both in EUR)

= 71.5 ÷ -0.01

-5949.41x

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

  • ALBA is loss making, we can't compare its value to the Europe Commercial Services industry average.
  • ALBA is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does ALBA's expected growth come at a high price?
Raw Data
DB:ABA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5949.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Commercial Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Commercial Services Companies 1.39x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*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 ALBA, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ALBA's assets?
Raw Data
DB:ABA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €12.39
DB:ABA Share Price * DB (2019-04-09) in EUR €71.5
Germany Commercial Services Industry PB Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 2.03x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:ABA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:ABA Share Price ÷ Book Value per Share (both in EUR)

= 71.5 ÷ 12.39

5.77x

* Primary Listing of ALBA.

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

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

ABA Future Performance

 How is ALBA 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 ALBA 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
31.2%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ALBA expected to grow at an attractive rate?
  • Unable to compare ALBA's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare ALBA's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare ALBA's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:ABA Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:ABA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:ABA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 432 16 0
2018-03-31 438 16 11
2017-12-31 444 16 22
2017-09-30 484 19 23
2017-06-30 523 21 23
2017-03-31 560 12 10
2016-12-31 597 2 -3
2016-06-30 556 50 -37
2016-03-31 793 51 -29
2015-12-31 1,031 52 -20
2015-09-30 1,493 27 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if ALBA is high growth as no earnings estimate data is available.
  • Unable to determine if ALBA 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:ABA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from ALBA Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ABA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -0.01
2018-03-31 1.13
2017-12-31 2.28
2017-09-30 2.32
2017-06-30 2.35
2017-03-31 1.00
2016-12-31 -0.36
2016-06-30 -3.80
2016-03-31 -2.94
2015-12-31 -2.08
2015-09-30 -0.96

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

Next steps:

  1. Examine ALBA's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. ALBA'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 Commercial Services companies here
  3. ALBA's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess ALBA'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.
ALBA 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.

ABA Past Performance

  How has ALBA performed over the past 5 years?

  • ALBA's last earnings update was 249 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 ALBA's growth in the last year to its industry (Commercial Services).
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.
  • ALBA does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare ALBA's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ALBA's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
ALBA'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 ALBA Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ABA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 432.16 -0.12 2.51
2018-03-31 438.16 11.17 2.51
2017-12-31 444.16 22.45 2.51
2017-09-30 483.53 22.82 3.78
2017-06-30 522.90 23.18 5.04
2017-03-31 559.95 9.84 5.04
2016-12-31 596.99 -3.50 5.04
2016-06-30 555.59 -37.33 10.30
2016-03-31 793.36 -28.90 10.30
2015-12-31 1,031.13 -20.46 10.30
2015-09-30 1,492.50 -9.45 14.40
2015-06-30 1,619.87 -29.50 14.30
2015-03-31 1,597.91 -33.82 14.30
2014-12-31 1,575.95 -38.13 14.30
2014-09-30 1,581.54 -40.30 14.75
2014-06-30 1,587.14 -42.47 15.20
2014-03-31 1,651.11 -43.02 15.20
2013-12-31 1,715.09 -43.57 15.20
2013-09-30 1,734.08 -8.77 14.95
2013-06-30 1,753.08 26.02 14.70
2013-03-31 1,842.25 29.38 14.70
2012-12-31 1,931.41 32.75 14.70
2012-09-30 2,035.52 30.78 14.30
2012-06-30 2,139.58 28.84 13.87

*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.
  • It is difficult to establish if ALBA has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • ALBA used its assets less efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • It is difficult to establish if ALBA improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess ALBA'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 Commercial Services 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.
ALBA 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.

ABA Health

 How is ALBA'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 ALBA's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ALBA is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ALBA's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ALBA'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 17.2x 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 ALBA Company Filings, last reported 9 months ago.

DB:ABA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 125.39 9.49 87.85
2018-03-31 125.39 9.49 87.85
2017-12-31 123.68 8.32 0.53
2017-09-30 123.68 8.32 0.53
2017-06-30 172.68 4.31 122.76
2017-03-31 172.68 4.31 122.76
2016-12-31 147.40 6.81 0.64
2016-06-30 113.23 16.20 28.27
2016-03-31 113.23 16.20 28.27
2015-12-31 102.69 27.33 5.97
2015-09-30 102.69 27.33 5.97
2015-06-30 149.38 29.61 77.77
2015-03-31 149.38 29.61 77.77
2014-12-31 133.75 49.01 6.62
2014-09-30 133.75 49.01 6.62
2014-06-30 150.98 47.19 50.22
2014-03-31 150.98 47.19 50.22
2013-12-31 146.03 54.34 15.89
2013-09-30 146.03 54.34 15.89
2013-06-30 187.82 74.13 20.86
2013-03-31 187.82 74.13 20.86
2012-12-31 182.39 48.74 12.67
2012-09-30 190.47 48.74 12.69
2012-06-30 200.74 65.74 34.30
  • ALBA's level of debt (7.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (39.4% vs 7.6% today).
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.

  • Whilst loss making ALBA has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making ALBA has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.
X
Financial health checks
We assess ALBA'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. ALBA has a total score of 6/6, 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.

ABA Dividends

 What is ALBA'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
4.55%
Current annual income from ALBA dividends.
If you bought €2,000 of ALBA shares you are expected to receive €91 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?
  • ALBA's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • ALBA's dividend is above the markets top 25% of dividend payers in Germany (3.71%).
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:ABA 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
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:ABA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-25 3.250 4.358
2017-04-25 3.250 4.799
2016-04-26 3.250 6.272
2015-04-13 3.250 6.298
2014-05-22 3.250 6.212
2013-04-12 3.250 5.286
2012-04-10 3.250 5.362
2011-03-03 0.250 0.487
2010-03-01 0.110 0.251
2009-04-22 0.140 0.323

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 increased over the past 10 years.
Current Payout to shareholders
What portion of ALBA's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 ALBA'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 ALBA afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ALBA has a total score of 3/6, see the detailed checks below.


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

ABA Management

 What is the CEO of ALBA'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.
  • ALBA has no CEO, or we have no data on them.
Management Team

Carla Eysel

TITLE
Chairwoman of the Administrative Board and Head of Business Development & Organization
TENURE
2.3 yrs

Markus Karberg

TITLE
MD & Member of Administrative Board
Board of Directors

Carla Eysel

TITLE
Chairwoman of the Administrative Board and Head of Business Development & Organization

Markus Karberg

TITLE
MD & Member of Administrative Board

Axel Schweitzer

TITLE
Member of Administrative Board
COMPENSATION
€45K
AGE
49

Dirk Beuth

TITLE
Member of the Administrative Board
TENURE
3.3 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 ALBA'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. ALBA 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.

ABA News

Simply Wall St News

The ALBA (FRA:ABA) Share Price Is Up 46% And Shareholders Are Holding On

As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … ALBA actually saw its revenue drop by 47% per year over three years. … The revenue growth might be lacking but the share price has gained 14% each year in that time.

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What Investors Should Know About ALBA SE's (FRA:ABA) Financial Strength

Investors are always looking for growth in small-cap stocks like ALBA SE (FRA:ABA), with a market cap of €762.60m. … However, an important fact which most ignore is: how financially healthy is the business? … since poor capital management may bring about bankruptcies,

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What Investors Should Know About ALBA SE's (FRA:ABA) Financial Strength

Additionally, ABA has produced €16.25M in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of 195.32%, signalling that ABA’s current level of operating cash is high enough to cover debt. … ABA’s level of debt is low relative to its total equity, at 6.73%. … Next Steps: ABA’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

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ABA Company Info

Description

ALBA SE provides environmental services in Europe. The company provides transport packaging, sales packaging, containers, kraft paper sacks, deposit solutions, recyclable plastics, waste electrical and electronic equipment, energy-saving bulbs and fluorescent tubes, plastic roofing and waterproofing sheets, and sorting services. It also offers consultancy service for facility management and the improvement of recycling rates, recyclables management, pan-European packaging licensing, clearing service, battery recycling, and packaging optimization services, as well as services for dealing with the EU Chemicals Regulation. In addition, it is involved in refurbishing IT and communication devices for reuse, and reusable printer ink/toner cartridges; disposal and waste management activities; and the provision of property and facility management services. Further, the company engages in pooling of returnable transport packaging, pooling of pallets, and reverse logistics operations; and recyclable material trading business. The company was formerly known as INTERSEROH SE and changed its name to ALBA SE in July 2012. The company was founded in 1991 and is based in Cologne, Germany. ALBA SE is a subsidiary of ALBA Group plc & Co. KG.

Details
Name: ALBA SE
ABA
Exchange: DB
Founded: 1991
€703,560,000
9,840,000
Website: http://www.interseroh.com
Address: ALBA SE
Stollwerckstrasse 9a,
Cologne,
51149,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB ABA Ordinary Shares Deutsche Boerse AG DE EUR 22. Jun 1998
LSE 0K7C Ordinary Shares London Stock Exchange GB EUR 22. Jun 1998
Number of employees
Current staff
Staff numbers
576
ALBA employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 20:45
End of day share price update: 2019/04/09 00:00
Last earnings filing: 2018/08/15
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.