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FNG

BST:F3N
Snowflake Description

Good value with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
F3N
BST
€189M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

FNG NV designs and distributes clothing and shoes for women, children, and men in Belgium, the Netherlands, and internationally. The last earnings update was 81 days ago. More info.


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F3N Share Price and Events
7 Day Returns
0%
BST:F3N
1%
DE Luxury
-0.7%
DE Market
1 Year Returns
-34%
BST:F3N
36%
DE Luxury
-7.6%
DE Market
F3N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FNG (F3N) 0% 2.5% 0% -34% - -
DE Luxury 1% 5% 16.7% 36% 98.2% 171.5%
DE Market -0.7% -0.5% -3.8% -7.6% 8.3% 11.1%
1 Year Return vs Industry and Market
  • F3N underperformed the Luxury industry which returned 36% over the past year.
  • F3N underperformed the Market in Germany which returned -7.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is FNG 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 FNG 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 FNG.

BST:F3N Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.4%
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 BST:F3N
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.8%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.812 (1 + (1- 29%) (159.56%))
1.491
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.49
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.491 * 6.8%)
10.37%

Discounted Cash Flow Calculation for BST:F3N using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for FNG 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.

BST:F3N DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.37%)
2020 4.64 Est @ 18.37% 4.21
2021 5.24 Est @ 12.93% 4.31
2022 5.72 Est @ 9.12% 4.26
2023 6.09 Est @ 6.45% 4.11
2024 6.37 Est @ 4.58% 3.89
2025 6.58 Est @ 3.28% 3.64
2026 6.74 Est @ 2.36% 3.38
2027 6.85 Est @ 1.72% 3.11
2028 6.94 Est @ 1.27% 2.86
2029 7.01 Est @ 0.96% 2.61
Present value of next 10 years cash flows €36.36
BST:F3N DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €7.01 × (1 + 0.23%) ÷ (10.37% – 0.23%)
€69.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €69.25 ÷ (1 + 10.37%)10
€25.82
BST:F3N Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €36.36 + €25.82
€62.19
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €62.19 / 11.20
€5.55
BST:F3N Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:F3N represents 0.97041x of ENXTBR:FNG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97041x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 5.55 x 0.97041
€5.39
Value per share (EUR) From above. €5.39
Current discount Discount to share price of €16.40
= -1 x (€16.40 - €5.39) / €5.39
-204.4%

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

  • The current share price of FNG 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 FNG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FNG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:F3N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.15
ENXTBR:FNG Share Price ** ENXTBR (2019-07-19) in EUR €16.9
Germany Luxury Industry PE Ratio Median Figure of 7 Publicly-Listed Luxury Companies 23.44x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.75x

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

** Primary Listing of FNG.

BST:F3N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTBR:FNG Share Price ÷ EPS (both in EUR)

= 16.9 ÷ 1.15

14.71x

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

  • FNG is good value based on earnings compared to the DE Luxury industry average.
  • FNG is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does FNG's expected growth come at a high price?
Raw Data
BST:F3N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
27.5%per year
Europe Luxury Industry PEG Ratio Median Figure of 38 Publicly-Listed Luxury Companies 1.85x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

BST:F3N PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.71x ÷ 27.5%

0.53x

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

  • FNG is good value based on expected growth next year.
Price based on value of assets
What value do investors place on FNG's assets?
Raw Data
BST:F3N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €30.60
ENXTBR:FNG Share Price * ENXTBR (2019-07-19) in EUR €16.9
Germany Luxury Industry PB Ratio Median Figure of 11 Publicly-Listed Luxury Companies 1.33x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.71x
BST:F3N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTBR:FNG Share Price ÷ Book Value per Share (both in EUR)

= 16.9 ÷ 30.60

0.55x

* Primary Listing of FNG.

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

  • FNG is good value based on assets compared to the DE Luxury industry average.
X
Value checks
We assess FNG'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. FNG has a total score of 4/6, 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.

Future Performance

 How is FNG expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
27.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FNG expected to grow at an attractive rate?
  • FNG's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • FNG's earnings growth is expected to exceed the Germany market average.
  • FNG's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:F3N Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:F3N Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 27.5%
BST:F3N Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 9.3%
Germany Luxury Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Luxury Industry Revenue Growth Rate Market Cap Weighted Average 7.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
BST:F3N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:F3N Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 753 42 1
2021-12-31 676 54 32 2
2020-12-31 631 47 27 2
2019-12-31 563 41 19 1
BST:F3N Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 512 42 12
2017-12-31 482 -8 7
2017-09-30 453 5 4
2017-06-30 423 19 2
2017-03-31 333 16 0
2016-12-31 242 13 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FNG's earnings are expected to grow significantly at over 20% yearly.
  • FNG's revenue is expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
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
BST:F3N Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from FNG Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:F3N Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 3.74 3.74 3.74 1.00
2021-12-31 2.85 3.34 2.36 2.00
2020-12-31 2.40 2.79 2.00 2.00
2019-12-31 1.72 1.72 1.72 1.00
BST:F3N Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.15
2017-12-31 0.91
2017-09-30 0.49
2017-06-30 19.65
2017-03-31 -0.24
2016-12-31 -0.85

*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.
  • FNG is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess FNG'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.
FNG has a total score of 4/6, 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.

Past Performance

  How has FNG performed over the past 5 years?

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 FNG's growth in the last year to its industry (Luxury).
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.
  • Insufficient data to establish if FNG's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare FNG's 1-year earnings growth to the 5-year average due to insufficient past data.
  • FNG's earnings growth has exceeded the DE Luxury industry average in the past year (57.8% vs 21.1%).
Earnings and Revenue History
FNG'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 FNG Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:F3N Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 511.79 11.54 149.42
2017-12-31 482.40 7.31 148.71
2017-09-30 452.92 4.44 133.23
2017-06-30 423.43 1.56 117.75
2017-03-31 332.87 -0.32 102.35
2016-12-31 242.30 -2.21 86.96
2015-12-31 109.54 -4.46 46.05

*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.
  • FNG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • FNG used its assets less efficiently than the DE Luxury industry average last year based on Return on Assets.
  • FNG's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess FNG'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 Luxury 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.
FNG has a total score of 1/6, 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.

Health

 How is FNG'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 FNG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FNG is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FNG's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of FNG'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 1.1x 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 FNG Company Filings, last reported 6 months ago.

BST:F3N Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 342.73 287.50 118.14
2017-12-31 272.10 239.98 90.47
2017-09-30 272.10 239.98 90.47
2017-06-30 237.65 217.81 70.41
2017-03-31 237.65 217.81 70.41
2016-12-31 234.99 182.78 66.91
2015-12-31 -2.97 16.97 1.36
  • FNG's level of debt (88.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if FNG's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (13.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess FNG'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. FNG has a total score of 1/6, 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.

Dividends

 What is FNG'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
0%
Current annual income from FNG dividends. Estimated to be 0% next year.
If you bought €2,000 of FNG shares you are expected to receive €0 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?
  • Unable to evaluate FNG's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FNG's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
BST:F3N 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 2 Analyst Estimates (S&P Global) See Below
Germany Luxury Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 1.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

BST:F3N Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as FNG has not reported any payouts.
  • Unable to verify if FNG's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FNG's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FNG has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of FNG's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess FNG'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 FNG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FNG has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of FNG'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
Dieter Penninckx
COMPENSATION €225,000
TENURE AS CEO 2.5 years
CEO Bio

Mr. Dieter Penninckx founded FNG Group NV in 2003 and serves as its Managing Director. Mr. Penninckx has been Director of FNG Group NV since December 13, 2012. Mr. Penninckx is Founder of FNG N.V. and serves its Chief Executive Officer and Chairman of Executive Committee. Mr. Penninckx obtained a Master of Science in Civil Engineering, with a major in Mechanical and Electro-Technical Engineering at KU Leuven. During his engineering studies, he was also chairperson of VTK, the engineering students’ association. Mr Penninckx’ entrepreneurial drive manifested early, when he became co-founder of KULeuven spin-off companies in High Tech, until 2002. Deciding to further develop his business skills, he then obtained a second master degree in 2003, in Financial Economics this time (KULeuven).

CEO Compensation
  • Dieter's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Dieter's remuneration is lower than average for companies of similar size in Germany.
Management Team

Dieter Penninckx

TITLE
Founder & CEO
COMPENSATION
€225K
TENURE
2.5 yrs

Anja Maes

TITLE
Founder

Manu Bracke

TITLE
Founder
Board of Directors

Eric Verbaere

TITLE
COMPENSATION
€20K
AGE
61

Anja Maes

TITLE
Founder

Manu Bracke

TITLE
Founder

Gino Van Ossel

TITLE
Director
TENURE
2.5 yrs

Emiel Lathouwers

TITLE
Director

Roald Borré

TITLE
Director
AGE
46

Philippe Vandeurzen

TITLE
Director

Elke Kestens

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess FNG'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. FNG 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.

News

Simply Wall St News

Company Info

Description

FNG NV designs and distributes clothing and shoes for women, children, and men in Belgium, the Netherlands, and internationally. It provides its products under the Fred & Ginger, CKS, Claudia Sträter, Miss Etam, Expresso, Ginger, Promiss, Baker Bridge, Brantano, and Steps brand names through own concept-stores and multi-trademark stores. The company also offers its products online under the Suitcase brand. It operates through approximately 500 own concept stores, as well as 1,500 multi-brand stores. The company was formerly known as R&S Retail Group N.V. and changed its name to FNG NV in January 2017. FNG NV was incorporated in 1953 and is headquartered in Mechelen, Belgium.

Details
Name: FNG NV
F3N
Exchange: BST
Founded: 1953
€189,291,204
11,200,663
Website: http://www.fng.eu
Address: FNG NV
Bautersemstraat 68 A,
Mechelen,
Antwerp, 2800,
Belgium
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTBR FNG Ordinary shares Euronext Brussels BE EUR 06. Jan 2016
BST F3N Ordinary shares Boerse-Stuttgart DE EUR 06. Jan 2016
ENXTAM FNG EUR0.08 Euronext Amsterdam NL EUR 20. Jul 2019
BATS-CHIXE FNGTA EUR0.08 BATS 'Chi-X Europe' GB EUR 20. Jul 2019
Number of employees
Current staff
Staff numbers
2,345
FNG employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 23:06
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/05/02
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.