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Calida Holding

DB:C7UA
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C7UA
DB
CHF258M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

CALIDA Holding AG engages in apparel business in France, Germany, Switzerland, rest of Europe, Asia, the United States, and internationally. The last earnings update was 24 days ago. More info.


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C7UA Share Price and Events
7 Day Returns
-1.7%
DB:C7UA
-1.8%
DE Luxury
-1.8%
DE Market
1 Year Returns
-13.5%
DB:C7UA
6.8%
DE Luxury
-7.3%
DE Market
C7UA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Calida Holding (C7UA) -1.7% -5% 7.6% -13.5% -13.7% -
DE Luxury -1.8% 2.3% 14.2% 6.8% 89.3% 105.8%
DE Market -1.8% -0.3% 6.8% -7.3% 7.5% 6.9%
1 Year Return vs Industry and Market
  • C7UA underperformed the Luxury industry which returned 6.8% over the past year.
  • C7UA underperformed the Market in Germany which returned -7.3% over the past year.
Price Volatility
C7UA
Industry
5yr Volatility vs Market

C7UA Value

 Is Calida Holding 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 Calida Holding 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 Calida Holding.

DB:C7UA 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 5.4%
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 DB:C7UA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 18%) (11.29%))
0.863
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.863 * 5.96%)
5.37%

Discounted Cash Flow Calculation for DB:C7UA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Calida Holding 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:C7UA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CHF, Millions) Source Present Value
Discounted (@ 5.37%)
2019 12.11 Est @ -3.32% 11.49
2020 11.83 Est @ -2.26% 10.66
2021 11.66 Est @ -1.51% 9.96
2022 11.54 Est @ -0.99% 9.36
2023 11.47 Est @ -0.62% 8.83
2024 11.43 Est @ -0.37% 8.35
2025 11.40 Est @ -0.19% 7.91
2026 11.40 Est @ -0.06% 7.50
2027 11.40 Est @ 0.02% 7.12
2028 11.41 Est @ 0.08% 6.76
Present value of next 10 years cash flows CHF87.93
DB:C7UA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CHF11.41 × (1 + 0.23%) ÷ (5.37% – 0.23%)
CHF222.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CHF222.28 ÷ (1 + 5.37%)10
CHF131.71
DB:C7UA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CHF87.93 + CHF131.71
CHF219.64
Equity Value per Share
(CHF)
= Total value / Shares Outstanding
= CHF219.64 / 8.24
CHF26.65
DB:C7UA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:C7UA represents 0.8576x of SWX:CALN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.8576x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 26.65 x 0.8576
€22.86
Value per share (EUR) From above. €22.86
Current discount Discount to share price of €26.80
= -1 x (€26.80 - €22.86) / €22.86
-17.2%

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

  • The current share price of Calida Holding 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 Calida Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Calida Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C7UA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CHF CHF1.97
SWX:CALN Share Price ** SWX (2019-03-25) in CHF CHF31.25
Germany Luxury Industry PE Ratio Median Figure of 7 Publicly-Listed Luxury Companies 24.76x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.2x

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

** Primary Listing of Calida Holding.

DB:C7UA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:CALN Share Price ÷ EPS (both in CHF)

= 31.25 ÷ 1.97

15.85x

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

  • Calida Holding is good value based on earnings compared to the DE Luxury industry average.
  • Calida Holding is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Calida Holding's expected growth come at a high price?
Raw Data
DB:C7UA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
3.3%per year
Europe Luxury Industry PEG Ratio Median Figure of 39 Publicly-Listed Luxury Companies 1.83x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

DB:C7UA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.85x ÷ 3.3%

4.85x

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

  • Calida Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Calida Holding's assets?
Raw Data
DB:C7UA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CHF CHF21.20
SWX:CALN Share Price * SWX (2019-03-25) in CHF CHF31.25
Germany Luxury Industry PB Ratio Median Figure of 11 Publicly-Listed Luxury Companies 1.55x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.78x
DB:C7UA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:CALN Share Price ÷ Book Value per Share (both in CHF)

= 31.25 ÷ 21.20

1.47x

* Primary Listing of Calida Holding.

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

  • Calida Holding is good value based on assets compared to the DE Luxury industry average.
X
Value checks
We assess Calida Holding'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. Calida Holding has a total score of 3/6, 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.

C7UA Future Performance

 How is Calida Holding 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
3.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Calida Holding expected to grow at an attractive rate?
  • Calida Holding's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Calida Holding's earnings growth is positive but not above the Germany market average.
  • Calida Holding's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:C7UA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:C7UA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 3.3%
DB:C7UA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 1.9%
Germany Luxury Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*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:C7UA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:C7UA Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 432 17 2
2020-12-31 423 16 2
2019-12-31 414 16 2
DB:C7UA Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2018-12-31 409 23 16
2018-09-30 405 20 15
2018-06-30 400 16 15
2018-03-31 390 24 15
2017-12-31 381 31 15
2017-09-30 374 30 15
2017-06-30 367 29 15
2017-03-31 369 26 15
2016-12-31 371 24 14
2016-09-30 370 21 16
2016-06-30 370 18 19
2016-03-31 364 18 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Calida Holding's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
  • Calida Holding's revenue is expected to grow by 1.9% 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
DB:C7UA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Calida Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C7UA Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.07 2.07 2.07 1.00
2020-12-31 1.97 1.97 1.97 1.00
2019-12-31 1.93 1.93 1.93 1.00
DB:C7UA Past Financials Data
Date (Data in CHF Millions) EPS *
2018-12-31 1.97
2018-09-30 1.88
2018-06-30 1.79
2018-03-31 1.83
2017-12-31 1.88
2017-09-30 1.88
2017-06-30 1.88
2017-03-31 1.80
2016-12-31 1.72
2016-09-30 2.01
2016-06-30 2.29
2016-03-31 2.13

*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.
  • Calida Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Calida Holding'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.
Calida Holding 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.

C7UA Past Performance

  How has Calida Holding 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 Calida Holding'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.
  • Calida Holding's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Calida Holding's 1-year earnings growth exceeds its 5-year average (5.8% vs 0.6%)
  • Calida Holding's earnings growth has not exceeded the DE Luxury industry average in the past year (5.8% vs 21.4%).
Earnings and Revenue History
Calida Holding'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 Calida Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C7UA Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 409.48 16.21 152.64
2018-09-30 404.74 15.43 136.54
2018-06-30 400.00 14.64 143.03
2018-03-31 390.32 14.99 143.03
2017-12-31 380.63 15.33 120.44
2017-09-30 374.05 15.32 129.47
2017-06-30 367.46 15.31 138.50
2017-03-31 369.17 14.62 138.50
2016-12-31 370.88 13.93 138.50
2016-09-30 370.32 16.25 135.79
2016-06-30 369.76 18.58 133.08
2016-03-31 364.37 17.25 133.08
2015-12-31 358.98 15.92 133.08
2015-09-30 371.40 16.60 139.52
2015-06-30 383.83 17.29 145.97
2015-03-31 398.11 19.65 145.97
2014-12-31 412.38 22.00 145.97
2014-09-30 361.07 16.97 111.74
2014-06-30 309.75 11.93 77.51
2014-03-31 258.07 11.40 77.51
2013-12-31 206.39 10.86 77.51
2013-09-30 203.77 15.16 73.24
2013-06-30 201.14 19.45 68.98
2013-03-31 200.02 20.02 68.98
2012-12-31 198.89 20.58 68.98
2012-09-30 197.23 20.18 68.98
2012-06-30 195.57 19.78 68.97
2012-03-31 194.57 21.35 68.97

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

C7UA Health

 How is Calida Holding'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 Calida Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Calida Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Calida Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Calida Holding'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 6.9x 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 Calida Holding Company Filings, last reported 2 months ago.

DB:C7UA Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 186.31 29.06 43.62
2018-09-30 186.31 29.06 43.62
2018-06-30 172.07 36.31 31.68
2018-03-31 172.07 36.31 31.68
2017-12-31 195.56 16.20 45.21
2017-09-30 195.56 16.20 45.21
2017-06-30 173.26 21.98 40.44
2017-03-31 173.26 21.98 40.44
2016-12-31 173.58 14.00 40.23
2016-09-30 173.58 14.00 40.23
2016-06-30 158.01 17.08 36.02
2016-03-31 158.01 17.08 36.02
2015-12-31 179.35 24.17 56.37
2015-09-30 179.35 24.17 56.37
2015-06-30 158.00 19.47 47.43
2015-03-31 158.00 19.47 47.43
2014-12-31 181.77 32.05 63.22
2014-09-30 181.77 32.05 63.22
2014-06-30 170.23 34.45 49.73
2014-03-31 170.23 34.45 49.73
2013-12-31 158.06 40.47 75.16
2013-09-30 158.06 40.47 75.16
2013-06-30 132.25 0.00 47.17
2013-03-31 132.25 0.00 47.17
2012-12-31 133.09 0.00 73.88
2012-09-30 133.09 0.00 73.88
2012-06-30 118.12 0.00 37.57
2012-03-31 118.12 0.00 37.57
  • Calida Holding's level of debt (15.6%) 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 (25.5% vs 15.6% today).
  • Debt is well covered by operating cash flow (79.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 54x coverage).
X
Financial health checks
We assess Calida Holding'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. Calida Holding 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.

C7UA Dividends

 What is Calida Holding'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
2.56%
Current annual income from Calida Holding dividends. Estimated to be 2.6% next year.
If you bought €2,000 of Calida Holding shares you are expected to receive €51 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?
  • Calida Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.52%).
  • Calida Holding's dividend is below the markets top 25% of dividend payers in Germany (3.9%).
Upcoming dividend payment

Purchase Calida Holding on or 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:C7UA 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 7 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
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.

DB:C7UA Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.81 2.00
2020-12-31 0.81 2.00
2019-12-31 0.82 2.00
DB:C7UA Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.800 2.570
2018-03-05 0.800 2.381
2017-03-03 0.800 2.135
2016-03-07 0.800 2.415
2015-03-06 0.800 2.276
2014-04-03 0.800 2.252
2013-03-01 0.800 2.984
2012-07-27 0.800 3.102
2012-02-29 0.800 3.030
2011-02-22 0.800 2.848
2010-01-04 0.400 1.757
2009-03-26 0.260 1.949

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 Calida Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess Calida Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Calida Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Calida Holding has a total score of 5/6, see the detailed checks below.


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

C7UA Management

 What is the CEO of Calida Holding'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
Reiner Pichler
COMPENSATION CHF1,654,000
AGE 56
TENURE AS CEO 2.9 years
CEO Bio

Mr. Reiner Pichler has been the Chief Executive Officer and President of Lafuma SA since April 1, 2016. Mr. Pichler has been Chief Executive Officer of Calida Holding AG since April 1, 2016 and serves as its Member of Management Board. He has been Chief Executive Officer at The Calida Group since April 1, 2016. Mr. Pichler is a proven expert with huge experience and a first class track record in the international clothing industry. He began his career at Hugo Boss AG, where he rose to become a member of the Sales Executive in Germany. From 1991 to 1994, he served as Managing Director of Sales for the D/A/CH region at Gruppo Finanziario Tessile, Turin/Germany (brands including Giorgio Armani and Valentino). He then took over as Chief Executive Officer of the Holy Fashion Group, which operates in more than fifty countries and manages the Strellson, Joop! and Windsor brands. It also held the license for Tommy Hilfiger Tailored for Europe until 2012. He served as Chief Executive Officer of s.Oliver Bernd Freier GmbH & Co. KG since 2014 and served as its Managing Director.

CEO Compensation
  • Reiner's compensation has been consistent with company performance over the past year.
  • Reiner's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Calida Holding management team in years:

2.9
Average Tenure
51.5
Average Age
  • The tenure for the Calida Holding management team is about average.
Management Team

Reiner Pichler

TITLE
CEO & Member of Management Board
COMPENSATION
CHF2M
AGE
56
TENURE
2.9 yrs

Sacha Gerber

TITLE
CFO & Member of Management Board
AGE
43
TENURE
0.5 yrs

Daniel Gemperle

TITLE
COO & Member of Management Board
AGE
59
TENURE
8.2 yrs

Manuela Ottiger

TITLE
Chief HR Officer & Member of Management Board
AGE
47

Christine Plazanet

TITLE
Head of General Management
AGE
59
TENURE
12.2 yrs

Stefan Mues

TITLE
Chief Digital Officer & Member of the Management Team
AGE
43
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Calida Holding board of directors in years:

4.8
Average Tenure
58.5
Average Age
  • The tenure for the Calida Holding board of directors is about average.
Board of Directors

Thomas Lustenberger

TITLE
Chairman
COMPENSATION
CHF179K
AGE
67
TENURE
18.8 yrs

Marco Gadola

TITLE
Vice-Chairman
COMPENSATION
CHF105K
AGE
55
TENURE
4.8 yrs

Hans-Kristian Hoejsgaard

TITLE
Non-Executive Director
COMPENSATION
CHF87K
AGE
60
TENURE
4.8 yrs

Erich Kellenberger

TITLE
Non-Executive Director
COMPENSATION
CHF81K
AGE
70
TENURE
32.5 yrs

Beat Grüring

TITLE
Non-Executive Director
COMPENSATION
CHF110K
AGE
57
TENURE
13.8 yrs

Stefan Portmann

TITLE
Director
COMPENSATION
CHF77K
AGE
51
TENURE
2.9 yrs

Valentin Rueda

TITLE
Director
COMPENSATION
CHF73K
AGE
62
TENURE
1.8 yrs

Nathalie Gaveau

TITLE
Director
COMPENSATION
CHF33K
AGE
43
TENURE
0.8 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 Calida Holding'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. Calida Holding 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.

C7UA News

Simply Wall St News

C7UA Company Info

Description

CALIDA Holding AG engages in apparel business in France, Germany, Switzerland, rest of Europe, Asia, the United States, and internationally. The company operates through five segments: CALIDA, AUBADE, LAFUMA Mobilier, OXBOW, and MILLET Mountain Group. It offers daywear, sleepwear, loungewear, knit items, and swimwear under the CALIDA brand name; luxury lingerie under the AUBADE brand; and mountaineering, climbing, and walking gear products for trekking tours, skiing, and speed hiking under the MILLET brand name. The company also provides mountain sports clothing under the EIDER brand; clothing and equipment for hiking, travel, and trekking under the LAFUMA Outdoor brand name; functional equipment for camping, gardening, and leisure under the LAFUMA Furniture brand; and comfy clothing for sport and leisure under the OXBOW brand name. It also sells its products through e-shops. CALIDA Holding AG was founded in 1941 and is headquartered in Sursee, Switzerland.

Details
Name: Calida Holding AG
C7UA
Exchange: DB
Founded: 1941
CHF229,306,918
8,240,791
Website: http://www.calidagroup.com
Address: Calida Holding AG
Bahnstrasse,
Oberkirch,
Sursee,
Lucerne, 6208,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX CALN Registered Shares SIX Swiss Exchange CH CHF 16. Jun 1998
DB C7UA Registered Shares Deutsche Boerse AG DE EUR 16. Jun 1998
LSE 0QP3 Registered Shares London Stock Exchange GB CHF 16. Jun 1998
BATS-CHIXE CALNZ Registered Shares BATS 'Chi-X Europe' GB CHF 16. Jun 1998
Number of employees
Current staff
Staff numbers
2,997
Calida Holding employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 21:47
End of day share price update: 2019/03/25 00:00
Last estimates confirmation: 2019/03/22
Last earnings filing: 2019/03/01
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.