BST:EFS3

Stock Analysis Report

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Executive Summary

Effecten-Spiegel AG engages in the investment and publishing businesses in Germany and internationally.


Snowflake Analysis

Flawless balance sheet not a dividend payer.

Share Price & News

How has Effecten-Spiegel's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EFS3 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.7%

EFS3

0.7%

DE Capital Markets

1.5%

DE Market


1 Year Return

-18.1%

EFS3

22.2%

DE Capital Markets

-0.2%

DE Market

Return vs Industry: EFS3 underperformed the German Capital Markets industry which returned 21.2% over the past year.

Return vs Market: EFS3 underperformed the German Market which returned 0.1% over the past year.


Shareholder returns

EFS3IndustryMarket
7 Day0.7%0.7%1.5%
30 Day3.6%6.8%5.7%
90 Day-11.6%1.4%-2.7%
1 Year-18.1%-18.1%23.8%22.2%1.5%-0.2%
3 Year-10.0%-16.7%-7.7%-11.6%-7.1%-14.3%
5 Year11.9%-6.3%-28.4%-38.2%5.2%-8.3%

Price Volatility Vs. Market

How volatile is Effecten-Spiegel's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Effecten-Spiegel undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: EFS3 (€14.5) is trading above our estimate of fair value (€8.54)

Significantly Below Fair Value: EFS3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate EFS3's PE Ratio to determine if it is good value compared to the Capital Markets industry average.

PE vs Market: Insufficient data to calculate EFS3's PE Ratio to determine if it is good value compared to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EFS3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate EFS3's PB Ratio to determine if it is good value.


Next Steps

Future Growth

How is Effecten-Spiegel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.7%

Forecasted Diversified Financials 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 Effecten-Spiegel 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

Past Performance

How has Effecten-Spiegel performed over the past 5 years?

-63.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: EFS3 has a large one-off loss of €2.8M impacting its December 31 2018 financial results.

Growing Profit Margin: EFS3's current net profit margins (10.2%) are lower than last year (24.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EFS3's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: EFS3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EFS3 had negative earnings growth (-63.6%) over the past year, making it difficult to compare to the Capital Markets industry average (5.7%).


Return on Equity

High ROE: EFS3's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Effecten-Spiegel's financial position?


Financial Position Analysis

Short Term Liabilities: EFS3's short term assets (€23.8M) exceed its short term liabilities (€1.0M).

Long Term Liabilities: EFS3's short term assets (€23.8M) exceed its long term liabilities (€2.4M).


Debt to Equity History and Analysis

Debt Level: EFS3 is debt free.

Reducing Debt: EFS3 has not had any debt for past 5 years.

Debt Coverage: EFS3 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EFS3 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Effecten-Spiegel's current dividend yield, its reliability and sustainability?

3.79%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: EFS3's dividend (3.79%) is higher than the bottom 25% of dividend payers in the German market (1.28%).

High Dividend: EFS3's dividend (3.79%) is low compared to the top 25% of dividend payers in the German market (3.94%).


Stability and Growth of Payments

Stable Dividend: EFS3 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: EFS3's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?

€295k

CEO Compensation


CEO

Marlis Weidtmann

no data

Tenure

€295,000

Compensation

Ms. Marlis Weidtmann serves as Member of the Management Board at Effecten-Spiegel AG. and serves as its Chief Executive Officer. 


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Effecten-Spiegel AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Effecten-Spiegel AG
  • Ticker: EFS3
  • Exchange: BST
  • Founded:
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: €27.630m
  • Shares outstanding: 1.91m
  • Website: https://www.effecten-spiegel.de

Number of Employees


Location

  • Effecten-Spiegel AG
  • Tiergartenstrasse 17
  • Dusseldorf
  • North Rhine-Westphalia
  • 40237
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EFSBST (Boerse-Stuttgart)Common StockDEEURApr 1998
EFS3BST (Boerse-Stuttgart)YesNon-Voting Preference StockDEEURApr 1998

Biography

Effecten-Spiegel AG engages in the investment and publishing businesses in Germany and internationally. It also holds investments in other companies. The company is based in Dusseldorf, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 23:23
End of Day Share Price2020/05/29 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.