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Amsterdam Commodities

BST:8AC
Snowflake Description

Excellent balance sheet with reasonable growth potential and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8AC
BST
€503M
Market Cap
  1. Home
  2. DE
  3. Consumer Retailing
Company description

Amsterdam Commodities N.V., together with its subsidiaries, engages in sourcing, processing, trading, packaging, and distributing natural food products and ingredients for the food and beverage industry worldwide. The last earnings update was 48 days ago. More info.


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8AC Share Price and Events
7 Day Returns
0%
BST:8AC
-0.3%
Europe Consumer Retailing
1%
DE Market
1 Year Returns
-11.2%
BST:8AC
1.3%
Europe Consumer Retailing
-5.6%
DE Market
8AC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Amsterdam Commodities (8AC) 0% 0% 7% -11.2% -17.2% -
Europe Consumer Retailing -0.3% -0.3% 0.3% 1.3% -2.8% -9.4%
DE Market 1% 6.1% 8.4% -5.6% 10.9% 13.8%
1 Year Return vs Industry and Market
  • 8AC underperformed the Consumer Retailing industry which returned 1.3% over the past year.
  • 8AC underperformed the Market in Germany which returned -5.6% over the past year.
Price Volatility
8AC
Industry
5yr Volatility vs Market

8AC Value

 Is Amsterdam Commodities 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 Amsterdam Commodities 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 Amsterdam Commodities.

BST:8AC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
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:8AC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.46
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.464 (1 + (1- 25%) (18.4%))
0.684
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for BST:8AC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Amsterdam Commodities 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:8AC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5%)
2019 10.21 Est @ -28.7% 9.72
2020 8.16 Est @ -20.02% 7.41
2021 7.03 Est @ -13.95% 6.07
2022 6.34 Est @ -9.69% 5.22
2023 5.92 Est @ -6.72% 4.64
2024 5.64 Est @ -4.63% 4.21
2025 5.47 Est @ -3.18% 3.88
2026 5.35 Est @ -2.15% 3.62
2027 5.27 Est @ -1.44% 3.40
2028 5.22 Est @ -0.94% 3.21
Present value of next 10 years cash flows €51.38
BST:8AC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €5.22 × (1 + 0.23%) ÷ (5% – 0.23%)
€109.75
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €109.75 ÷ (1 + 5%)10
€67.40
BST:8AC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €51.38 + €67.40
€118.78
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €118.78 / 24.60
€4.83
BST:8AC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:8AC represents 0.9555x of ENXTAM:ACOMO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.9555x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 4.83 x 0.9555
€4.61
Value per share (EUR) From above. €4.61
Current discount Discount to share price of €19.54
= -1 x (€19.54 - €4.61) / €4.61
-323.5%

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

  • The current share price of Amsterdam Commodities 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 Amsterdam Commodities's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Amsterdam Commodities's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:8AC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.26
ENXTAM:ACOMO Share Price ** ENXTAM (2019-03-05) in EUR €20.45
Europe Consumer Retailing Industry PE Ratio Median Figure of 32 Publicly-Listed Consumer Retailing Companies 19.33x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.72x

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

** Primary Listing of Amsterdam Commodities.

BST:8AC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:ACOMO Share Price ÷ EPS (both in EUR)

= 20.45 ÷ 1.26

16.2x

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

  • Amsterdam Commodities is good value based on earnings compared to the Europe Consumer Retailing industry average.
  • Amsterdam Commodities is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Amsterdam Commodities's expected growth come at a high price?
Raw Data
BST:8AC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
14.1%per year
Europe Consumer Retailing Industry PEG Ratio Median Figure of 24 Publicly-Listed Consumer Retailing Companies 1.52x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

BST:8AC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.2x ÷ 14.1%

1.15x

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

  • Amsterdam Commodities is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Amsterdam Commodities's assets?
Raw Data
BST:8AC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €7.85
ENXTAM:ACOMO Share Price * ENXTAM (2019-03-05) in EUR €20.45
Europe Consumer Retailing Industry PB Ratio Median Figure of 41 Publicly-Listed Consumer Retailing Companies 1.55x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
BST:8AC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:ACOMO Share Price ÷ Book Value per Share (both in EUR)

= 20.45 ÷ 7.85

2.6x

* Primary Listing of Amsterdam Commodities.

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

  • Amsterdam Commodities is overvalued based on assets compared to the Europe Consumer Retailing industry average.
X
Value checks
We assess Amsterdam Commodities'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 Consumer Retailing 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 Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Amsterdam Commodities has a total score of 2/6, 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.

8AC Future Performance

 How is Amsterdam Commodities expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
14.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Amsterdam Commodities expected to grow at an attractive rate?
  • Amsterdam Commodities's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Amsterdam Commodities's earnings growth is expected to exceed the Germany market average.
  • Amsterdam Commodities's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:8AC Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:8AC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 14.1%
BST:8AC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 7.6%
Europe Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 12%
Europe Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
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
BST:8AC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:8AC Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 811 41 1
2019-12-31 789 40 1
BST:8AC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 700 19 31
2018-09-30 696 14 31
2018-06-30 691 9 31
2018-03-31 701 30 32
2017-12-31 710 50 32
2017-09-30 702 53 34
2017-06-30 695 56 35
2017-03-31 688 51 34
2016-12-31 682 47 34
2016-09-30 687 33 33
2016-06-30 692 20 32
2016-03-31 687 20 32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Amsterdam Commodities's earnings are expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).
  • Amsterdam Commodities's revenue is expected to grow by 7.6% 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:8AC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Amsterdam Commodities Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:8AC Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.67 1.67 1.67 1.00
2019-12-31 1.62 1.62 1.62 1.00
BST:8AC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.26
2018-09-30 1.25
2018-06-30 1.24
2018-03-31 1.28
2017-12-31 1.33
2017-09-30 1.38
2017-06-30 1.42
2017-03-31 1.43
2016-12-31 1.43
2016-09-30 1.39
2016-06-30 1.35
2016-03-31 1.35

*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.
  • Amsterdam Commodities is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Amsterdam Commodities'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Amsterdam Commodities 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.

8AC Past Performance

  How has Amsterdam Commodities 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 Amsterdam Commodities's growth in the last year to its industry (Consumer Retailing).
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.
  • Amsterdam Commodities's year on year earnings growth rate has been positive over the past 5 years.
  • Amsterdam Commodities's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Amsterdam Commodities's 1-year earnings growth is negative, it can't be compared to the Europe Consumer Retailing industry average.
Earnings and Revenue History
Amsterdam Commodities'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 Amsterdam Commodities Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:8AC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 700.17 31.11 66.55
2018-09-30 695.79 30.85 65.24
2018-06-30 691.42 30.59 63.40
2018-03-31 700.55 31.53 63.85
2017-12-31 709.68 32.47 64.84
2017-09-30 702.17 33.51 63.96
2017-06-30 694.65 34.54 63.09
2017-03-31 688.49 34.46 61.19
2016-12-31 682.32 34.38 59.29
2016-09-30 687.02 33.32 59.04
2016-06-30 691.72 32.27 58.79
2016-03-31 686.65 32.26 58.70
2015-12-31 681.58 32.25 58.60
2015-09-30 662.90 32.59 57.06
2015-06-30 644.21 32.93 55.51
2015-03-31 631.54 33.00 52.99
2014-12-31 618.87 33.06 50.48
2014-09-30 603.38 31.72 48.98
2014-06-30 587.88 30.38 47.48
2014-03-31 586.15 28.88 47.86
2013-12-31 584.42 27.38 48.24
2013-09-30 589.93 27.87 47.26
2013-06-30 595.43 28.36 46.28
2013-03-31 594.27 27.70 45.00
2012-12-31 593.10 27.03 43.72
2012-09-30 596.64 27.24 42.95
2012-06-30 600.19 27.45 42.17

*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.
  • Amsterdam Commodities has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Amsterdam Commodities used its assets more efficiently than the Europe Consumer Retailing industry average last year based on Return on Assets.
  • Amsterdam Commodities's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Amsterdam Commodities'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 Consumer Retailing 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.
Amsterdam Commodities has a total score of 2/6, 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.

8AC Health

 How is Amsterdam Commodities'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 Amsterdam Commodities's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Amsterdam Commodities is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Amsterdam Commodities's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Amsterdam Commodities'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 2.7x 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 Amsterdam Commodities Company Filings, last reported 3 months ago.

BST:8AC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 193.52 92.58 0.96
2018-09-30 193.52 92.58 0.96
2018-06-30 186.31 112.05 1.73
2018-03-31 186.31 112.05 1.73
2017-12-31 185.05 79.79 2.59
2017-09-30 185.05 79.79 2.59
2017-06-30 184.86 94.17 1.56
2017-03-31 184.86 94.17 1.56
2016-12-31 182.91 91.75 1.81
2016-09-30 182.91 91.75 1.81
2016-06-30 168.74 107.23 1.62
2016-03-31 168.74 107.23 1.62
2015-12-31 168.32 108.34 1.38
2015-09-30 168.32 108.34 1.38
2015-06-30 160.40 116.09 1.16
2015-03-31 160.40 116.09 1.16
2014-12-31 151.92 94.53 1.56
2014-09-30 151.92 94.53 1.56
2014-06-30 135.52 102.88 1.43
2014-03-31 135.52 102.88 1.43
2013-12-31 130.83 77.91 1.38
2013-09-30 130.83 77.91 1.38
2013-06-30 123.02 75.37 1.19
2013-03-31 123.02 75.37 1.19
2012-12-31 121.11 77.12 1.00
2012-09-30 121.94 77.12 1.00
2012-06-30 113.98 96.07 1.58
  • Amsterdam Commodities's level of debt (47.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (59.7% vs 47.8% today).
  • Debt is well covered by operating cash flow (20.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.8x coverage).
X
Financial health checks
We assess Amsterdam Commodities'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. Amsterdam Commodities has a total score of 5/6, 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.

8AC Dividends

 What is Amsterdam Commodities's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.89%
Current annual income from Amsterdam Commodities dividends. Estimated to be 6.23% next year.
If you bought €2,000 of Amsterdam Commodities shares you are expected to receive €98 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?
  • Amsterdam Commodities's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Amsterdam Commodities's dividend is above the markets top 25% of dividend payers in Germany (3.7%).
Upcoming dividend payment

Purchase Amsterdam Commodities 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
BST:8AC 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 1 Analyst Estimates (S&P Global) See Below
Europe Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3.7%
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.

BST:8AC Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 1.29 1.00
2019-12-31 1.26 1.00
BST:8AC Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-07 1.000 5.045
2019-02-14 1.000 5.066
2018-03-08 1.100 5.459
2018-02-15 1.100 4.938
2017-03-09 1.150 4.593
2017-02-16 1.150 5.137
2016-04-01 1.000 4.555
2015-02-12 1.100 4.815
2014-02-19 0.770 4.322
2013-08-29 0.720 4.449
2013-03-15 0.700 4.534
2012-04-17 0.650 4.888
2011-04-13 0.500 4.770
2011-03-17 0.500 4.598
2010-04-20 0.400 4.658
2009-12-31 0.400 7.146

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

  • Whilst dividend payments have been stable, Amsterdam Commodities has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Amsterdam Commodities only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Amsterdam Commodities's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Amsterdam Commodities'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 Amsterdam Commodities afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Amsterdam Commodities 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.

8AC Management

 What is the CEO of Amsterdam Commodities'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
Allard Goldschmeding
COMPENSATION €710,000
AGE 54
CEO Bio

Mr. Allard W. Goldschmeding has been Chief Financial Officer of Amsterdam Commodities N.V. since December 1, 2015 and has been its Group Managing Director and Director since April 2017. Mr. Goldschmeding served as Member of the Management Board of Amsterdam Commodities N.V. since April 26, 2016 until April 2017. Mr. Goldschmeding joined Amsterdam Commodities NV on December 01, 2015. Mr. Goldschmeding serves as Associate Principal of Archstone Consulting LLC. Mr. Goldschmeding has more than 16 years of industry experience, specifically in the areas of M& A and Financial Services. He served Chief Financial Officer positions at H.J. Heinz, Sara Lee Corporation and he served as Principal Consultant at Archstone Consulting. Mr. Goldschmeding served as Vice President of Corporate Control at Sara Lee International and Chief Financial Officer of Household & Body Care (H&BC). He also served as a Member of Sara Lee's Global Leadership team and led several corporate-wide project teams. Mr. Goldschmeding was also involved in numerous acquisitions and divestments in Europe, Brazil, the US, Philippines and Australia, as well as post merger integration activities. He offers broad knowledge in the area of finance operations, including business intelligence, shared services, finance process redesign, SOX implementations, back office outsourcing functions and performance improvements. Mr. Goldschmeding's varied experience includes the Coffee &Tea (retail and B2B), Tobacco, H&BC, Bakery, Direct Selling and Chemical industries. He holds an MBA from the Erasmus University at Rotterdam and an undergraduate degree in Marketing from Arnhem Business School.

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

Allard Goldschmeding

TITLE
CFO, Group MD & Executive Director
COMPENSATION
€710K
AGE
54

Bob Majkrzak

TITLE
CEO & President of Red River Commodities Inc

Bruce Wiebie

TITLE
President & CEO of Red River Global Ingredients

Henk Moerman

TITLE
Managing Director of Catz International

Anton van Eck

TITLE
Managing Director of Red River-Van Eck

Philippe H. E. Snick

TITLE
Managing Director of Snick Euroingredients
TENURE
10.3 yrs

Jaap Klijn

TITLE
Managing Director of King Nuts & Raaphorst

Lars Reinecke

TITLE
Managing Director of Sigco Warenhandel

Richard J. Strijbis

TITLE
Managing Director of Tovano B.V.

Tinus den Boon

TITLE
Managing Director of Delinuts B.V
Board of Directors Tenure

Average tenure and age of the Amsterdam Commodities board of directors in years:

2
Average Tenure
55
Average Age
  • The average tenure for the Amsterdam Commodities board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bernard Stuivinga

TITLE
Non-Executive Chairman
AGE
62
TENURE
2 yrs

Allard Goldschmeding

TITLE
CFO, Group MD & Executive Director
COMPENSATION
€710K
AGE
54
TENURE
2 yrs

Yoav Gottesmann

TITLE
Non-Executive Director
AGE
66
TENURE
2 yrs

Jan G. H. Niessen

TITLE
Non-Executive Director
AGE
55
TENURE
2 yrs

Machtelt Groothuis

TITLE
Non-Executive Director
AGE
48
TENURE
2 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 Amsterdam Commodities'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. Amsterdam Commodities 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.

8AC News

Simply Wall St News

8AC Company Info

Description

Amsterdam Commodities N.V., together with its subsidiaries, engages in sourcing, processing, trading, packaging, and distributing natural food products and ingredients for the food and beverage industry worldwide. The company operates in four segments: Spices and Nuts, Edible Seeds, Tea, and Food Ingredients. It offers tropical products, such as spices, coconut products, edible and dried nuts, dehydrated vegetables, herbs, shelled and unshelled walnuts, almonds, dates, figs and apricots, dried fruits, rice crackers, processed nuts, seeds, snacks, and chocolate-coated products. The company also sells edible seeds, including sunflower seeds, poppy seeds, and other edible seeds; Sunbutter, an alternative to peanut butter; and Sunnypaste, a substitute for nuts paste used in the confectionary and chocolate industry. In addition, it supplies tea to the private and public sectors; and produces and distributes food ingredients comprising meat tastes, yeast extracts, vegetable tastes, cheese tastes, spices and herbal blends, natural colorings, texturizers, sweeteners, and vegetarian Worchester sauce. The company was founded in 1856 and is based in Rotterdam, the Netherlands.

Details
Name: Amsterdam Commodities N.V.
8AC
Exchange: BST
Founded: 1856
€503,030,327
24,598,060
Website: http://www.acomo.nl
Address: Amsterdam Commodities N.V.
WTC,
21st Floor,
Rotterdam,
Zuid-Holland, 3011 AA,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM ACOMO Ordinary Shares Euronext Amsterdam NL EUR 02. Jan 1992
OTCPK ACNF.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB 8AC Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BST 8AC Ordinary Shares Boerse-Stuttgart DE EUR 02. Jan 1992
LSE 0DLI Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE ACOMOA Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
656
Amsterdam Commodities employees.
Industry
Food Distributors
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 22:46
End of day share price update: 2019/03/05 00:00
Last estimates confirmation: 2019/04/22
Last earnings filing: 2019/03/07
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.