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edding

DB:EDD3
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EDD3
DB
€107M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

edding AG provides writing and marking, and visual communication products Germany, other European countries, and internationally. The last earnings update was 235 days ago. More info.


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EDD3 Share Price and Events
7 Day Returns
0%
DB:EDD3
1.5%
DE Commercial Services
1.8%
DE Market
1 Year Returns
5.3%
DB:EDD3
-8.1%
DE Commercial Services
-6%
DE Market
EDD3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
edding (EDD3) 0% 10.5% 9.3% 5.3% 20.1% 100%
DE Commercial Services 1.5% 2.8% 9.6% -8.1% 1.3% -41%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • EDD3 outperformed the Commercial Services industry which returned -8.1% over the past year.
  • EDD3 outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
EDD3
Industry
5yr Volatility vs Market

EDD3 Value

 Is edding 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 edding 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 edding.

DB:EDD3 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:EDD3
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%) (1.21%))
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%)
5.15%

Discounted Cash Flow Calculation for DB:EDD3 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for edding 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:EDD3 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.15%)
2019 11.70 Est @ 12.31% 11.12
2020 12.71 Est @ 8.69% 11.50
2021 13.49 Est @ 6.15% 11.61
2022 14.08 Est @ 4.37% 11.52
2023 14.52 Est @ 3.13% 11.30
2024 14.85 Est @ 2.26% 10.99
2025 15.10 Est @ 1.65% 10.62
2026 15.28 Est @ 1.22% 10.22
2027 15.42 Est @ 0.92% 9.81
2028 15.53 Est @ 0.72% 9.40
Present value of next 10 years cash flows €108.08
DB:EDD3 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €15.53 × (1 + 0.23%) ÷ (5.15% – 0.23%)
€316.06
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €316.06 ÷ (1 + 5.15%)10
€191.21
DB:EDD3 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €108.08 + €191.21
€299.29
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €299.29 / 1.07
€278.87
DB:EDD3 Discount to Share Price
Calculation Result
Value per share (EUR) From above. €278.87
Current discount Discount to share price of €100.00
= -1 x (€100.00 - €278.87) / €278.87
64.1%

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

Current Discount
Amount off the current price edding is available for.
Intrinsic value
>50%
Share price is €100 vs Future cash flow value of €278.87
Current Discount Checks
For edding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • edding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • edding's share price is below the future cash flow value, and 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 edding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are edding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EDD3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €8.02
DB:EDD3 Share Price ** DB (2019-04-18) in EUR €100
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 16.64x
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 edding.

DB:EDD3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:EDD3 Share Price ÷ EPS (both in EUR)

= 100 ÷ 8.02

12.47x

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

  • edding is good value based on earnings compared to the Europe Commercial Services industry average.
  • edding is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does edding's expected growth come at a high price?
Raw Data
DB:EDD3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
1.1%per year
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 edding, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on edding's assets?
Raw Data
DB:EDD3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €56.37
DB:EDD3 Share Price * DB (2019-04-18) in EUR €100
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:EDD3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:EDD3 Share Price ÷ Book Value per Share (both in EUR)

= 100 ÷ 56.37

1.77x

* Primary Listing of edding.

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

  • edding is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess edding'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. edding has a total score of 5/6, 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.

EDD3 Future Performance

 How is edding expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover edding, future earnings growth has been estimated based on fundamentals.
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
1.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is edding expected to grow at an attractive rate?
  • edding's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • edding's earnings growth is positive but not above the Germany market average.
  • Unable to compare edding's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:EDD3 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:EDD3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 1.1%
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:EDD3 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:EDD3 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 150 13 9
2018-03-31 149 13 8
2017-12-31 148 14 8
2017-09-30 142 10 8
2017-06-30 140 7 7
2017-03-31 142 7 7
2016-12-31 143 6 7
2016-09-30 143 8 8
2016-06-30 143 10 9
2016-03-31 141 10 9
2015-12-31 138 10 9
2015-09-30 136 9 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • edding's earnings are expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if edding 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:EDD3 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 edding Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EDD3 Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 8.02
2018-03-31 7.65
2017-12-31 7.28
2017-09-30 7.01
2017-06-30 6.75
2017-03-31 6.75
2016-12-31 6.75
2016-09-30 7.46
2016-06-30 8.16
2016-03-31 8.11
2015-12-31 8.07
2015-09-30 8.27

*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 edding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess edding'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.
edding has a total score of 1/6, 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.

EDD3 Past Performance

  How has edding performed over the past 5 years?

  • edding's last earnings update was 235 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 edding'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.
  • edding's year on year earnings growth rate has been positive over the past 5 years.
  • edding's 1-year earnings growth exceeds its 5-year average (18.7% vs 0.7%)
  • edding's earnings growth has exceeded the Europe Commercial Services industry average in the past year (18.7% vs 15.7%).
Earnings and Revenue History
edding'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 edding Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EDD3 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 150.24 8.61 55.58
2018-03-31 149.34 8.21 55.53
2017-12-31 148.44 7.81 55.48
2017-09-30 141.82 7.53 54.74
2017-06-30 140.01 7.25 54.00
2017-03-31 141.51 7.25 53.70
2016-12-31 143.01 7.25 53.40
2016-09-30 142.99 8.00 52.96
2016-06-30 142.97 8.76 52.52
2016-03-31 140.67 8.71 52.17
2015-12-31 138.37 8.66 51.82
2015-09-30 135.96 8.88 51.41
2015-06-30 133.55 9.10 51.00
2015-03-31 131.20 8.70 50.55
2014-12-31 128.85 8.30 50.10
2014-09-30 127.48 8.27 49.01
2014-06-30 126.11 8.25 47.91
2014-03-31 124.66 8.40 47.41
2013-12-31 123.21 8.55 46.91
2013-09-30 121.57 7.07 46.96
2013-06-30 119.94 5.60 47.01
2013-03-31 118.49 4.65 46.81
2012-12-31 117.04 3.70 46.61
2012-09-30 114.38 3.09 45.02
2012-06-30 112.27 2.48 43.40

*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.
  • edding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • edding used its assets more efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • edding has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess edding'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.
edding has a total score of 5/6, 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.

EDD3 Health

 How is edding'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 edding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • edding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • edding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of edding'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 59.5x 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 edding Company Filings, last reported 9 months ago.

DB:EDD3 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 60.30 1.30 20.30
2018-03-31 60.30 1.30 20.30
2017-12-31 58.34 4.08 25.34
2017-09-30 58.34 4.08 25.34
2017-06-30 55.30 3.20 12.40
2017-03-31 55.30 3.20 12.40
2016-12-31 54.99 4.82 17.49
2016-09-30 54.99 4.82 17.49
2016-06-30 52.30 3.70 12.50
2016-03-31 52.30 3.70 12.50
2015-12-31 50.20 7.06 17.47
2015-09-30 50.20 7.06 17.47
2015-06-30 46.30 11.40 8.60
2015-03-31 46.30 11.40 8.60
2014-12-31 44.27 5.91 10.82
2014-09-30 44.27 5.91 10.82
2014-06-30 40.00 8.50 5.70
2014-03-31 40.00 8.50 5.70
2013-12-31 39.30 7.07 8.39
2013-09-30 39.30 7.07 8.39
2013-06-30 36.00 14.80 6.00
2013-03-31 36.00 14.80 6.00
2012-12-31 35.89 9.89 7.25
2012-09-30 34.77 9.89 7.25
2012-06-30 34.60 13.00 4.50
  • edding's level of debt (2.2%) 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 (40.8% vs 2.2% today).
  • Debt is well covered by operating cash flow (964%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 19.3x coverage).
X
Financial health checks
We assess edding'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. edding 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.

EDD3 Dividends

 What is edding'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
2.15%
Current annual income from edding dividends.
If you bought €2,000 of edding shares you are expected to receive €43 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?
  • edding's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • edding's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Upcoming dividend payment

Purchase edding before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:EDD3 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:EDD3 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-18 2.150 2.257
2017-04-28 2.150 2.126
2016-04-29 1.950 2.256
2015-04-30 1.950 2.418
2014-04-30 1.750 3.137
2013-04-30 1.750 3.652
2012-04-27 1.750 3.921
2011-04-26 1.750 3.923
2010-04-30 1.020 2.391
2009-04-23 1.020 2.854

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of edding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.7x 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 edding'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 edding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. edding has a total score of 4/6, see the detailed checks below.


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

EDD3 Management

 What is the CEO of edding'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
Per Ledermann
TENURE AS CEO 6.3 years
CEO Bio

Mr. Per Ledermann has been the Chairman of Management Board and Chief Executive Officer at Edding AG since January 1, 2013 and served as its Director of Finance, Personnel, Organisation & IT Departments since January 1, 2005. Mr. Ledermann was responsible for the Accounts, Controlling, Personnel, IT, Organisation & Legal departments of Edding AG. He served as a Director of Edding AG since January 1, 2005. As a student of law, Mr. Ledermann completed his finals in 1999, before going on to do masters degrees at two of the leading business schools in the USA. After this, he went on to gain experience in international consulting and management.

CEO Compensation
  • Insufficient data for Per to compare compensation growth.
  • Insufficient data for Per to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Per Ledermann

TITLE
Chairman of Management Board & CEO
TENURE
6.3 yrs

Sönke Gooß

TITLE
CFO & Member of Management Board

Thorsten Streppelhoff

TITLE
COO & Member of Management Board

Angelika Schumacher

TITLE
Head of Marketing
Board of Directors Tenure

Average tenure of the edding board of directors in years:

1.8
Average Tenure
  • The average tenure for the edding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chehab Wahby

TITLE
Chairperson of Supervisory Board
TENURE
1.8 yrs

Michael Rauch

TITLE
Deputy Chairperson of Supervisory Board
TENURE
1.8 yrs

Anja Keihani

TITLE
Member of Supervisory Board
TENURE
6.8 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 edding'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. edding 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.

EDD3 News

Simply Wall St News

edding AG's (FRA:EDD3) Earnings Grew 7.7%, Did It Beat Long-Term Trend?

Examining edding AG's (FRA:EDD3) past track record of performance is an insightful exercise for investors. … Today I will assess EDD3's latest performance announced on 31 December 2017 and compare these figures to its longer term trend and industry movements. … How Did EDD3's Recent Performance Stack Up Against Its Past.

Simply Wall St -

EDD3 Company Info

Description

edding AG provides writing and marking, and visual communication products Germany, other European countries, and internationally. It offers writing utensils, spray paints, printer cartridges, and toners, as well as nail polishes. The company also provides flip charts, whiteboards, presentation boards, and the corresponding accessories, as well as electronic whiteboards and e-screens. In addition, it offers highlighters, flipchart markers, whiteboard markers, glass-board markers, chalk markers, fibre pens, textile markers and pens, window markers, face paints, color markers pen boards, color pen brushes and fine products, gel and ink rollers, and fine and office liners. Further, the company provides porcelain brush pens, calligraphy markers and pens, felt pens, permanent and paint markers, and permanent and non-permanent pens, as well as permanent sprays, including clear lacquers, plastic primers, polystyrene primers, acrylic paints, sprayhead sets, and universal primers. Additionally, it offers freeze, x-ray, cleanroom, laboratory, skin, high-tech, laundry, tyre, securitas uv, aerospace, outdoor, oil maitenence, label removal, grout, furniture, CD/DVD/BD, and cable markers; carpenter pens, cleaning pastes, and industry paints; and refill inks, lettering pens, shoe marking sets, cutters, furniture and wooden repair wax kits, and heating irons for wooden floor repair waxes. The company also provides erasers, correction fluids and pens, correction tapes, cartridges, color pens, and multi-purpose pens. It offers its writing and marking products under the edding brand name; and visual communication products under the Legamaster brand name. edding AG provides its products to business-to-business sector and private end consumers. The company was founded in 1960 and is headquartered in Ahrensburg, Germany.

Details
Name: edding AG
EDD3
Exchange: DB
Founded: 1960
€107,321,900
1,073,219
Website: http://www.edding.com
Address: edding AG
Bookkoppel 7,
Ahrensburg,
Schleswig-Holstein, 22926,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB EDD3 Preferential Shares Deutsche Boerse AG DE EUR 02. Mar 2000
Number of employees
Current staff
Staff numbers
627
edding employees.
Industry
Office Services and Supplies
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 21:13
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/08/30
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.