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aovo Touristik

MUN:A8N
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A8N
MUN
€5M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

aovo Touristik AG provides tour and travel services primarily in Germany and rest of Europe. The last earnings update was 348 days ago. More info.


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A8N Share Price and Events
7 Day Returns
0%
MUN:A8N
-1.9%
DE Hospitality
1.5%
DE Market
1 Year Returns
9.4%
MUN:A8N
-50.5%
DE Hospitality
-5.8%
DE Market
A8N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
aovo Touristik (A8N) 0% 0% 2.9% 9.4% 55.6% -
DE Hospitality -1.9% -4% -9.2% -50.5% -16.8% -29.7%
DE Market 1.5% 1.3% 2.2% -5.8% 17.6% 8.7%
1 Year Return vs Industry and Market
  • A8N outperformed the Hospitality industry which returned -50.5% over the past year.
  • A8N outperformed the Market in Germany which returned -5.8% over the past year.
Price Volatility
A8N
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for aovo Touristik's competitors could be found in our database.

Value

 Is aovo Touristik 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 aovo Touristik 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 aovo Touristik.

MUN:A8N Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 5.9%
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 MUN:A8N
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.922 (1 + (1- 30%) (0.06%))
0.948
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.948 * 5.96%)
5.88%

Discounted Cash Flow Calculation for MUN:A8N using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for aovo Touristik 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.

MUN:A8N DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.88%)
2019 0.71 Est @ 44.56% 0.67
2020 0.94 Est @ 31.26% 0.84
2021 1.14 Est @ 21.95% 0.96
2022 1.32 Est @ 15.43% 1.05
2023 1.46 Est @ 10.87% 1.10
2024 1.57 Est @ 7.68% 1.12
2025 1.66 Est @ 5.44% 1.11
2026 1.72 Est @ 3.88% 1.09
2027 1.77 Est @ 2.78% 1.06
2028 1.81 Est @ 2.02% 1.02
Present value of next 10 years cash flows €10.03
MUN:A8N DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €1.81 × (1 + 0.23%) ÷ (5.88% – 0.23%)
€32.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €32.09 ÷ (1 + 5.88%)10
€18.13
MUN:A8N Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €10.03 + €18.13
€28.15
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €28.15 / 1.40
€20.12
MUN:A8N Discount to Share Price
Calculation Result
Value per share (EUR) From above. €20.12
Current discount Discount to share price of €3.50
= -1 x (€3.50 - €20.12) / €20.12
82.6%

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

Current Discount
Amount off the current price aovo Touristik is available for.
Intrinsic value
>50%
Share price is €3.5 vs Future cash flow value of €20.12
Current Discount Checks
For aovo Touristik to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • aovo Touristik's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • aovo Touristik's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for aovo Touristik's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are aovo Touristik's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:A8N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2017-12-31) in EUR €0.34
MUN:A8N Share Price ** MUN (2019-06-25) in EUR €3.5
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.5x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.8x

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

** Primary Listing of aovo Touristik.

MUN:A8N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MUN:A8N Share Price ÷ EPS (both in EUR)

= 3.5 ÷ 0.34

10.18x

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

  • aovo Touristik is good value based on earnings compared to the DE Hospitality industry average.
  • aovo Touristik is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does aovo Touristik's expected growth come at a high price?
Raw Data
MUN:A8N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.28x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for aovo Touristik, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on aovo Touristik's assets?
Raw Data
MUN:A8N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2017-12-31) in EUR €0.04
MUN:A8N Share Price * MUN (2019-06-25) in EUR €3.5
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 2.18x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
MUN:A8N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MUN:A8N Share Price ÷ Book Value per Share (both in EUR)

= 3.5 ÷ 0.04

92.63x

* Primary Listing of aovo Touristik.

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

  • aovo Touristik is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess aovo Touristik'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. aovo Touristik 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 aovo Touristik expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 aovo Touristik 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
21%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is aovo Touristik expected to grow at an attractive rate?
  • Unable to compare aovo Touristik's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare aovo Touristik's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare aovo Touristik's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MUN:A8N Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 21%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
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
MUN:A8N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MUN:A8N Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
MUN:A8N Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2017-12-31 12 1 0
2016-12-31 15 -1 0
2015-12-31 17 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if aovo Touristik is high growth as no earnings estimate data is available.
  • Unable to determine if aovo Touristik is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MUN:A8N Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from aovo Touristik Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:A8N Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
MUN:A8N Past Financials Data
Date (Data in EUR Millions) EPS *
2017-12-31 0.34
2016-12-31 -0.23
2015-12-31 -0.49

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if aovo Touristik will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether aovo Touristik is trading at aovo Touristik'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. aovo Touristik's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. aovo Touristik's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess aovo Touristik'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.
aovo Touristik has a total score of 0/6, 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 aovo Touristik performed over the past 5 years?

  • aovo Touristik's last earnings update was 348 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare aovo Touristik's growth in the last year to its industry (Hospitality).
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 aovo Touristik's year on year earnings growth rate was positive over the past 5 years.
  • aovo Touristik has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • aovo Touristik has become profitable in the last year making it difficult to compare the DE Hospitality industry average.
Earnings and Revenue History
aovo Touristik'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 aovo Touristik Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:A8N Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2017-12-31 11.57 0.48 2.79
2016-12-31 14.86 -0.32 3.37
2015-12-31 16.87 -0.69 3.80
2014-12-31 14.32 -0.34 3.59
2013-12-31 17.31 -0.11 3.45
2012-12-31 16.85 -0.35 3.20

*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.
  • aovo Touristik made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • aovo Touristik used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • aovo Touristik has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess aovo Touristik'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 Hospitality 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.
aovo Touristik 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.

Health

 How is aovo Touristik'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 aovo Touristik's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • aovo Touristik's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • aovo Touristik's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of aovo Touristik'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1814.9x 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 aovo Touristik Company Filings, last reported 1 year ago.

MUN:A8N Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2017-12-31 0.05 0.00 2.41
2016-12-31 0.00 0.00 2.01
2015-12-31 0.00 0.00 2.92
2014-12-31 0.27 0.00 2.76
2013-12-31 0.61 0.00 3.30
2012-12-31 0.72 0.00 5.03
  • aovo Touristik's level of debt (5.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.7% vs 5.6% today).
  • Debt is well covered by operating cash flow (16898.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 179.4x coverage).
X
Financial health checks
We assess aovo Touristik'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. aovo Touristik has a total score of 4/6, 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 aovo Touristik'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 aovo Touristik dividends.
If you bought €2,000 of aovo Touristik 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 aovo Touristik's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate aovo Touristik'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
MUN:A8N Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
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 3.8%

Industry and Market average data is calculated daily.

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

MUN:A8N Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as aovo Touristik has not reported any payouts.
  • Unable to verify if aovo Touristik's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of aovo Touristik's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as aovo Touristik has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess aovo Touristik'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 aovo Touristik afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. aovo Touristik 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 aovo Touristik'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
Gerhard Griebler
CEO Bio

Mr. Gerhard M. Griebler serves as Chairman of the Management Board at aovo Touristik AG. Mr. Griebler serves as the Chief Executive Officer at aovo:network GmbH (alternate name, T&T:network GmbH). Mr. Griebler serves as a Member of Management Board at aovo Touristik AG and is responsible for Product Development, Sales and Marketing, Product Management, Commercial Administration. He served as the and Head of Tourism & Operations at aovo Touristik AG. He served as the Head of the Department for Short Trips at Deutsches Reisebüro GmbH with an emphasis on Coporate Travel, Disneyland and Center Parcs. Previously, he headed the project Tourism and Ticketing at the EXPO 2000 in Hanover, Germany, with the main focus on project initiation and the overall project guidance. Before, he served as a Managing Director at Deutsche Entertainment AG where he was responsible for distribution, marketing and press.

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

Gerhard Griebler

TITLE
CEO & Chairman of Management Board

Simone Kohl

TITLE
Director of Human Resources

Andrea Osthues

TITLE
Head of Product Development
Board of Directors

Norbert Stoeck

TITLE
Chairman of Supervisory Board
AGE
59

Ulf Meyer-Kessel

TITLE
Vice Chairman of Supervisory Board

Petra Hedorfer

TITLE
Member of Supervisory Board

Gudrun Schön

TITLE
Member of Supervisory Board

Jürgen Steuer

TITLE
Member of Supervisory Board
TENURE
3.5 yrs
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 aovo Touristik'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. aovo Touristik 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

Why I Like aovo Touristik AG (MUN:A8N)

I've been keeping an eye on aovo Touristik AG (MUN:A8N) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe A8N has a lot to offer. … company with a

Simply Wall St -

aovo Touristik AG (MUN:A8N): What Are Investors Earning On Their Capital?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Therefore, looking at how efficiently aovo Touristik is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

What's The Outlook For Loss-Making aovo Touristik AG (MUN:A8N)?

Additional cash raising may dilute the value of your shares, and since aovo Touristik is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … MUN:A8N Income Statement May 11th 18 When will aovo Touristik need to raise more cash? … Though, if opex continues to rise at this rate, given how much cash reserves aovo Touristik currently has, it will actually need to raise capital again within the next couple of months!

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Should You Have aovo Touristik AG's (MUN:A8N) In Your Portfolio?

See our latest analysis for aovo Touristik An interpretation of A8N's beta aovo Touristik's beta of 0.07 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, A8N appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … How A8N's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Does aovo Touristik AG's (MUN:A8N) Past Performance Indicate A Stronger Future?

Assessing aovo Touristik AG's (MUN:A8N) past track record of performance is an insightful exercise for investors. … For the most up-to-date info, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the past half a decade aovo Touristik's revenue growth has been somewhat soft, with an annual growth rate of -1.20%, on average.

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Company Info

Description

aovo Touristik AG provides tour and travel services primarily in Germany and rest of Europe. The company markets its services through direct sales and online. aovo Touristik AG was founded in 2000 and is headquartered in Hanover, Germany.

Details
Name: aovo Touristik AG
A8N
Exchange: MUN
Founded: 2000
€4,897,200
1,399,200
Website: http://www.aovo.de
Address: aovo Touristik AG
Esperantostrasse 4,
Hanover,
Lower Saxony, 30519,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MUN A8N Bearer Shares Boerse Muenchen DE EUR 22. Dec 2006
Number of employees
Current staff
Staff numbers
60
aovo Touristik employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 21:47
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2018/07/12
Last earnings filing: 2018/07/12
Last earnings reported: 2017/12/31
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.