Hoftex Group
Market Cap
€47.4m
Last Updated
2020/03/30 20:46 UTC
Data Sources
Company Financials
Executive Summary
Hoftex Group AG, through its subsidiaries, manufactures and sells textile products in Germany and internationally.
Rewards
Risk Analysis
+ 3 more risks
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Hoftex Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBH's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-12.1%
NBH
15.3%
DE Luxury
9.9%
DE Market
1 Year Return
-36.5%
NBH
-9.3%
DE Luxury
-17.5%
DE Market
Return vs Industry: NBH underperformed the German Luxury industry which returned -6.7% over the past year.
Return vs Market: NBH underperformed the German Market which returned -17.7% over the past year.
Shareholder returns
| NBH | Industry | Market | |
|---|---|---|---|
| 7 Day | -12.1% | 15.3% | 9.9% |
| 30 Day | -14.7% | -19.5% | -16.6% |
| 90 Day | -23.7% | -28.4% | -24.8% |
| 1 Year | -35.3%-36.5% | -7.9%-9.3% | -15.0%-17.5% |
| 3 Year | -33.5%-36.5% | 20.1%14.0% | -17.4%-24.5% |
| 5 Year | -7.6%-14.3% | 120.7%95.8% | -16.6%-28.1% |
Price Volatility Vs. Market
How volatile is Hoftex Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Hoftex Group AG (MUN:NBH) An Attractive Dividend Stock?1 month ago | Simply Wall St
Hoftex Group (MUN:NBH) Has A Somewhat Strained Balance Sheet2 months ago | Simply Wall St
We're Not So Sure You Should Rely on Hoftex Group's (MUN:NBH) Statutory EarningsValuation
Is Hoftex Group undervalued compared to its fair value and its price relative to the market?
8.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NBH (€8.7) is trading above our estimate of fair value (€8.11)
Significantly Below Fair Value: NBH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NBH is good value based on its PE Ratio (8.7x) compared to the Luxury industry average (21.1x).
PE vs Market: NBH is good value based on its PE Ratio (8.7x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NBH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBH is good value based on its PB Ratio (0.4x) compared to the DE Luxury industry average (1.3x).
Next Steps
Future Growth
How is Hoftex Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.8%
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hoftex Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Hoftex Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hoftex Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Hoftex Group performed over the past 5 years?
19.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBH has a large one-off gain of €2.0M impacting its June 30 2019 financial results.
Growing Profit Margin: NBH's current net profit margins (3.2%) are lower than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: NBH's earnings have grown by 19.2% per year over the past 5 years.
Accelerating Growth: NBH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NBH had negative earnings growth (-30.2%) over the past year, making it difficult to compare to the Luxury industry average (-1%).
Return on Equity
High ROE: NBH's Return on Equity (5%) is considered low.
Next Steps
Financial Health
How is Hoftex Group's financial position?
Financial Position Analysis
Short Term Liabilities: NBH's short term assets (€93.9M) exceed its short term liabilities (€25.7M).
Long Term Liabilities: NBH's short term assets (€93.9M) exceed its long term liabilities (€63.0M).
Debt to Equity History and Analysis
Debt Level: NBH's debt to equity ratio (63%) is considered high.
Reducing Debt: NBH's debt to equity ratio has increased from 17.9% to 63% over the past 5 years.
Debt Coverage: NBH's debt is well covered by operating cash flow (24%).
Interest Coverage: NBH's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
Inventory Level: NBH has a high level of physical assets or inventory.
Debt Coverage by Assets: NBH's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is Hoftex Group's current dividend yield, its reliability and sustainability?
2.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NBH's dividend (2.87%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: NBH's dividend (2.87%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: NBH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NBH's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.1%), NBH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average board tenure
CEO
Klaus Steger
no data
Tenure
Mr. Klaus Steger serves as the Chief Executive Officer and Chairperson of the Management Board at Hoftex Group AG (a/k/a, Textilgruppe Hof AG). Mr. Steger serves as the Chairman of ERWO Holding AG and Mana ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Employee Representative Member of the Supervisory Board | no data | no data | no data | |
| Vice Chairperson of the Supervisory Board | 4.67yrs | no data | no data | |
| Chairman of the Supervisory Board | 1.67yrs | no data | no data | |
| Member of the Supervisory Board | 4.67yrs | no data | no data | |
| Member of the Supervisory Board | 4.67yrs | no data | no data | |
| Member of the Supervisory Board | 4.67yrs | no data | no data | |
| Employee Representative Member of the Supervisory Board | 4.67yrs | no data | no data | |
| Employee Representative Member of the Supervisory Board | 4.33yrs | no data | no data | |
| Member of Supervisory Board | 1.67yrs | no data | no data |
4.7yrs
Average Tenure
Experienced Board: NBH's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Top Shareholders
Company Information
Hoftex Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hoftex Group AG
- Ticker: NBH
- Exchange: MUN
- Founded: 1869
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: €47.370m
- Shares outstanding: 5.44m
- Website: https://www.hoftexgroup.com
Number of Employees
Location
- Hoftex Group AG
- Fabrikzeile 21
- Hof
- 95028
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NBH | MUN (Boerse Muenchen) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
Biography
Hoftex Group AG, through its subsidiaries, manufactures and sells textile products in Germany and internationally. It offers industrial yarns, elastic and hard core-spun yarns elastic, ring-spun yarns, paper yarns, technical threads, and fabrics, as well as special twisted yarns for the cable industry. The company also develops and manufactures textile products and nonwovens, such as acoustic nonwovens for automotive, construction, and cable industries, as well as apparel sector. In addition, it offers decorative fabrics, decorative pillows, finished and panel curtains, and window coverings. The company was formerly known as Textilgruppe Hof AG and changed its name to Hoftex Group AG in January 2013. Hoftex Group AG was founded in 1869 and is based in Hof, Germany. Hoftex Group AG is a subsidiary of ERWO Holding AG.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 20:46 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.