XTRA:QB7

Stock Analysis Report

Executive Summary

Quirin Privatbank AG provides various banking and financial products and services in Germany.


Snowflake Analysis

Solid track record with adequate balance sheet.

Share Price & News

How has Quirin Privatbank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QB7 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.2%

QB7

-2.2%

DE Capital Markets

-0.9%

DE Market


1 Year Return

11.0%

QB7

31.0%

DE Capital Markets

12.8%

DE Market

Return vs Industry: QB7 underperformed the German Capital Markets industry which returned 31% over the past year.

Return vs Market: QB7 underperformed the German Market which returned 12.8% over the past year.


Shareholder returns

QB7IndustryMarket
7 Day4.2%-2.2%-0.9%
30 Day4.2%9.8%-0.4%
90 Day11.0%22.5%2.3%
1 Year13.2%11.0%33.8%31.0%16.3%12.8%
3 Year36.3%27.4%6.2%-6.4%15.8%5.7%
5 Year24.8%16.7%-20.3%-32.7%19.7%3.3%

Price Volatility Vs. Market

How volatile is Quirin Privatbank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Quirin Privatbank undervalued compared to its fair value and its price relative to the market?

19.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate QB7's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate QB7's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: QB7 is good value based on its PE Ratio (19.2x) compared to the Capital Markets industry average (27.8x).

PE vs Market: QB7 is good value based on its PE Ratio (19.2x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate QB7's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QB7 is good value based on its PB Ratio (1.4x) compared to the DE Capital Markets industry average (1.8x).


Next Steps

Future Growth

How is Quirin Privatbank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.8%

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 Quirin Privatbank 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 Quirin Privatbank performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QB7 has high quality earnings.

Growing Profit Margin: QB7's current net profit margins (8.8%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: QB7's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: QB7's earnings growth over the past year (20%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: QB7 earnings growth over the past year (20%) exceeded the Capital Markets industry -2.7%.


Return on Equity

High ROE: QB7's Return on Equity (8.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Quirin Privatbank'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: QB7 has a low level of unsold assets or inventory.

Debt Coverage by Assets: QB7's debt is covered by short term assets (assets are 3.7x debt).


Financial Institutions Analysis

Asset Level: QB7's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if QB7 has a sufficient allowance for bad loans.

Low Risk Liabilities: QB7's liabilities are made up of primarily low risk sources of funding.

Loan Level: QB7 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: QB7's loans are broadly funded by customer deposits.

Level of Bad Loans: Insufficient data to determine if QB7 has an appropriate level of bad loans.


Next Steps

Dividend

What is Quirin Privatbank's current dividend yield, its reliability and sustainability?

1.74%

Current Dividend Yield


Dividend Yield vs Market

company1.7%marketbottom25%1.3%markettop25%3.6%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: QB7's dividend (1.74%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: QB7's dividend (1.74%) is low compared to the top 25% of dividend payers in the German market (3.63%).


Stability and Growth of Payments

Stable Dividend: QB7 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: QB7 has only been paying a dividend for 3 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.4%), QB7'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?

3.2yrs

Average board tenure


CEO

Karl Schmidt (50yo)

0

Mr. Karl Matthäus Schmidt serves as Chief Executive Officer and Chairman of the Executive Board at Quirin bank AG and Quirin Privatbank AG. Mr. Schmidt serves as the Managing Director of KM.s Consulting Gm ...


Board Members

NamePositionTenureCompensationOwnership
Holger Timm
Chairman of the Supervisory Board0yrsno datano data
Klaus-Gerd Kleversaat
Member of the Supervisory Board5.8yrsno datano data
Matthias Baller
Member of the Supervisory Board8.6yrsno datano data
Anke Dassler
Member of the Supervisory Board0.7yrsno datano data
Carsten Bing
Member of the Supervisory Board0.7yrsno datano data

3.2yrs

Average Tenure

Experienced Board: QB7's board of directors are considered experienced (3.2 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Quirin Privatbank AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Quirin Privatbank AG
  • Ticker: QB7
  • Exchange: XTRA
  • Founded: 1998
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: €74.670m
  • Shares outstanding: 43.41m
  • Website: https://www.quirinprivatbank.de

Number of Employees


Location

  • Quirin Privatbank AG
  • Kurfürstendamm 119
  • Berlin
  • Berlin
  • 10711
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QB7DB (Deutsche Boerse AG)YesShare CapitalDEEUROct 2006
QB7XTRA (XETRA Trading Platform)YesShare CapitalDEEUROct 2006

Biography

Quirin Privatbank AG provides various banking and financial products and services in Germany. The company offers investment services for private customers; advisory services for medium-sized companies on equity and debt capital financing measures; and retirement, financial planning, portfolio optimization, assets check, and securities lending services. It also provides corporate finance, institutional customer support and research, and capital market, as well as insurance services. Quirin Privatbank AG was founded in 1998 and is based in Berlin, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 21:17
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
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.