creditshelf
Market Cap
€78.5m
Last Updated
2019/10/19 22:10 UTC
Data Sources
Company Financials +
Executive Summary
creditshelf Aktiengesellschaft operates an online credit marketplace lending platform for small- and medium-sized enterprises in Germany.
Snowflake
Fundamentals
Limited growth with worrying balance sheet.
Share Price & News
How has creditshelf's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.5%
CSQ
4.2%
DE Diversified Financial
1.4%
DE Market
1 Year Return
-21.8%
CSQ
7.0%
DE Diversified Financial
3.7%
DE Market
Return vs Industry: CSQ underperformed the German Diversified Financial industry which returned 7% over the past year.
Return vs Market: CSQ underperformed the German Market which returned 3.7% over the past year.
Shareholder returns
| CSQ | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.5% | 4.2% | 1.4% |
| 30 Day | -11.9% | 9.6% | 1.3% |
| 90 Day | -8.5% | -0.8% | 3.4% |
| 1 Year | -21.8%-21.8% | 7.8%7.0% | 7.0%3.7% |
| 3 Year | n/a | 87.2%82.8% | 18.5%8.3% |
| 5 Year | n/a | 355.1%337.2% | 42.2%22.9% |
Price Volatility Vs. Market
How volatile is creditshelf's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
What Kind Of Investor Owns Most Of creditshelf Aktiengesellschaft (ETR:CSQ)?2 months ago | Simply Wall St
Introducing creditshelf (ETR:CSQ), The Stock That Dropped 24% In The Last Year3 months ago | Simply Wall St
Does creditshelf (ETR:CSQ) Have A Healthy Balance Sheet?Valuation
Is creditshelf undervalued compared to its fair value and its price relative to the market?
8.77x
Price to Book (PB) ratio
Share Price vs. Fair Value
Undervalued: Insufficient data to calculate CSQ's fair value to establish if it is undervalued.
Significantly Undervalued: Insufficient data to calculate CSQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CSQ is unprofitable, so we can't compare its PE Ratio to the Diversified Financial industry average.
PE vs Market: CSQ is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate CSQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CSQ is overvalued based on its PB Ratio (8.8x) compared to the DE Diversified Financial industry average (3.8x).
Next Steps
Future Growth
How is creditshelf forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
24.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSQ is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CSQ is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CSQ is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CSQ's revenue (34.3% per year) is forecast to grow faster than the German market (5% per year).
High Growth Revenue: CSQ's revenue (34.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: CSQ's Return on Equity is forecast to be low in 3 years time (19.1%).
Next Steps
Past Performance
How has creditshelf performed over the past 5 years?
-64.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CSQ is unprofitable, and losses have increased over the past 5 years at a rate of -64% per year.
Accelerating Growth: Unable to compare CSQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CSQ is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (3.5%).
Return on Equity
High ROE: CSQ has a negative Return on Equity (-84.44%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: CSQ is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: CSQ is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is creditshelf's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: CSQ has a low level of unsold assets or inventory.
Debt Coverage by Assets: CSQ's debt is covered by short term assets (assets are 143.639400x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CSQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CSQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Financial Institutions Analysis
Asset Level: CSQ's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CSQ has a sufficient allowance for bad loans.
Low Risk Liabilities: CSQ reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CSQ has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CSQ has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CSQ has an appropriate level of bad loans.
Next Steps
Dividend
What is creditshelf's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate CSQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CSQ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if CSQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSQ's dividend payments have been increasing.
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: No need to calculate the sustainability of CSQ's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
What is the CEO of creditshelf's salary, the management and board of directors tenure and is there insider trading?
CEO
creditshelf has no CEO, or we have no data on them.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Gregor Heinrich
Chief Technology Officer
- Tenure: 0.8yrs
Tim Thabe
Co-Founder & MD
- Tenure: 0yrs
Lukas Lang
Head of Sales
- Tenure: 0yrs
Daniel Bartsch
Founding Partner & Member of Management Board
- Tenure: 0yrs
Mark Währisch
MD, Member of Management Board & Chief Risk Officer
- Tenure: 0yrs
Fabian Brügmann
Chief Financial Officer
- Tenure: 0.8yrs
Birgit Hass
Marketing & Communication Manager
- Tenure: 0yrs
Board Members
Rolf Elgeti (43yo)
Chairman of the Supervisory Board
- Tenure: 0yrs
Company Information
creditshelf Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: creditshelf Aktiengesellschaft
- Ticker: CSQ
- Exchange: XTRA
- Founded: 2014
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: €78.544m
- Shares outstanding: 1.33m
- Website: https://www.creditshelf.com
Number of Employees
Location
- creditshelf Aktiengesellschaft
- Mainzer Landstrasse 33a
- Frankfurt
- Hessen
- 60329
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSQ | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Jul 2018 |
| CSQ | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2018 |
Biography
creditshelf Aktiengesellschaft operates an online credit marketplace lending platform for small- and medium-sized enterprises in Germany. Its marketplace connects loan investors with loan borrowers. The co ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 22:10 |
| End of Day Share Price | 2019/10/18 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.