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AdCapital

DB:ADC
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ADC
DB
€29M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

AdCapital AG engages in the electrical engineering, metal and plastic processing, machine and tools manufacturing, and automotive businesses in Germany. The last earnings update was 52 days ago. More info.


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ADC Share Price and Events
7 Day Returns
-4.5%
DB:ADC
0.4%
DE Capital Markets
0.3%
DE Market
1 Year Returns
-36.7%
DB:ADC
-15%
DE Capital Markets
-11.6%
DE Market
ADC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AdCapital (ADC) -4.5% -5.4% 4% -36.7% -50.9% -56.2%
DE Capital Markets 0.4% -4.9% 2.2% -15% -18.8% -48.2%
DE Market 0.3% -3.8% 2.5% -11.6% 10.1% 7.9%
1 Year Return vs Industry and Market
  • ADC underperformed the Capital Markets industry which returned -15% over the past year.
  • ADC underperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
ADC
Industry
5yr Volatility vs Market

ADC Value

 Is AdCapital 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 AdCapital 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 AdCapital.

DB:ADC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= €4.29 * 2.5%
€0.11
Book Value of Equity per Share Median Book Value from the past 5 years. €4.29
Discount Rate (Cost of Equity) See below 5.6%
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 DB:ADC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.701 (1 + (1- 30%) (32.18%))
0.906
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.906 * 5.96%)
5.62%

Discounted Cash Flow Calculation for DB:ADC using Excess Returns Model Model

The calculations below outline how an intrinsic value for AdCapital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:ADC Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (2.5% – 5.62%) * €4.29)
€-0.13
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-0.13 / (5.62% - 0.23%)
€-2.47
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €4.29 + €-2.47
€1.82
DB:ADC Discount to Share Price
Calculation Result
Value per share (EUR) From above. €1.82
Current discount Discount to share price of €2.10
= -1 x (€2.10 - €1.82) / €1.82
-15.4%

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

  • The current share price of AdCapital 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 AdCapital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AdCapital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:ADC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €-0.10
DB:ADC Share Price ** DB (2019-05-21) in EUR €2.1
Germany Capital Markets Industry PE Ratio Median Figure of 19 Publicly-Listed Capital Markets Companies 19.75x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.29x

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

** Primary Listing of AdCapital.

DB:ADC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:ADC Share Price ÷ EPS (both in EUR)

= 2.1 ÷ -0.10

-21.28x

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

  • AdCapital is loss making, we can't compare its value to the DE Capital Markets industry average.
  • AdCapital is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does AdCapital's expected growth come at a high price?
Raw Data
DB:ADC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -21.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
67.2%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 8 Publicly-Listed Capital Markets Companies 2.53x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.5x

*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 AdCapital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AdCapital's assets?
Raw Data
DB:ADC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €4.17
DB:ADC Share Price * DB (2019-05-21) in EUR €2.1
Germany Capital Markets Industry PB Ratio Median Figure of 30 Publicly-Listed Capital Markets Companies 1.71x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.79x
DB:ADC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:ADC Share Price ÷ Book Value per Share (both in EUR)

= 2.1 ÷ 4.17

0.5x

* Primary Listing of AdCapital.

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

  • AdCapital is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess AdCapital'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. AdCapital has a total score of 1/6, 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.

ADC Future Performance

 How is AdCapital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover AdCapital, future earnings growth has been estimated based on fundamentals.
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
67.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AdCapital expected to grow at an attractive rate?
  • AdCapital's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • AdCapital's earnings growth is expected to exceed the Germany market average.
  • Unable to compare AdCapital's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:ADC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:ADC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 67.2%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 25.7%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
DB:ADC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months 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.
DB:ADC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 156 14 -1
2018-09-30 158 0
2018-06-30 160 1
2018-03-31 160 1
2017-12-31 160 2 1
2017-09-30 156 -1
2017-06-30 152 -3
2017-03-31 147 -3
2016-12-31 143 -1 -3
2016-09-30 142 -1
2016-06-30 141 1
2016-03-31 138 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AdCapital's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if AdCapital 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
DB:ADC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from AdCapital Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ADC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 -0.10
2018-09-30 0.00
2018-06-30
2018-03-31
2017-12-31 0.08
2017-09-30 -0.07
2017-06-30
2017-03-31
2016-12-31 -0.25
2016-09-30 -0.08
2016-06-30 0.08
2016-03-31

*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 AdCapital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess AdCapital'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.
AdCapital has a total score of 3/6, 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.

ADC Past Performance

  How has AdCapital 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 AdCapital's growth in the last year to its industry (Capital Markets).
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.
  • AdCapital does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare AdCapital's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare AdCapital's 1-year growth to the DE Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
AdCapital'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 AdCapital Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:ADC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 156.33 -1.38 48.18
2018-09-30 158.01 0.02 48.10
2018-06-30 159.69 1.41 48.02
2018-03-31 159.66 1.29 48.05
2017-12-31 159.63 1.17 48.08
2017-09-30 155.60 -0.94 47.56
2017-06-30 151.56 -3.06 47.04
2017-03-31 147.17 -3.25 46.67
2016-12-31 142.78 -3.44 46.31
2016-09-30 141.79 -1.10 46.35
2016-06-30 140.79 1.24 46.39
2016-03-31 138.21 0.89 45.85
2015-12-31 135.63 0.53 45.30
2015-09-30 132.59 0.30 44.61
2015-06-30 129.56 0.07 43.91
2015-03-31 128.87 1.35 43.66
2014-12-31 128.17 2.63 43.40
2014-09-30 130.01 2.25 42.82
2014-06-30 131.85 1.88 42.25
2014-03-31 130.74 0.87 41.78
2013-12-31 129.63 -0.14 41.32
2013-09-30 127.96 0.40 41.15
2013-06-30 126.29 0.94 40.98
2013-03-31 128.00 4.11 40.86
2012-12-31 129.72 7.28 40.75
2012-09-30 133.41 5.58 40.93
2012-06-30 137.11 3.88 41.11

*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.
  • AdCapital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if AdCapital has efficiently used its assets last year compared to the DE Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if AdCapital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess AdCapital'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 Capital Markets 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.
AdCapital has a total score of 0/6, 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.

ADC Health

 How is AdCapital'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 AdCapital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AdCapital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AdCapital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AdCapital'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 7.6x 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 AdCapital Company Filings, last reported 4 months ago.

DB:ADC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 64.55 9.42 9.93
2018-09-30 64.55 9.42 9.93
2018-06-30 66.66 0.00 9.68
2018-03-31 66.66 0.00 9.68
2017-12-31 67.20 15.71 8.82
2017-09-30 67.20 15.71 8.82
2017-06-30 65.72 0.00 3.97
2017-03-31 65.72 0.00 3.97
2016-12-31 68.15 9.68 8.43
2016-09-30 68.15 9.68 8.43
2016-06-30 71.14 0.00 6.33
2016-03-31 71.14 0.00 6.33
2015-12-31 75.18 3.32 13.64
2015-09-30 75.18 3.32 13.64
2015-06-30 73.38 0.00 11.75
2015-03-31 73.38 0.00 11.75
2014-12-31 79.38 2.38 22.69
2014-09-30 79.38 2.38 22.69
2014-06-30 77.75 0.00 20.72
2014-03-31 77.75 0.00 20.72
2013-12-31 82.72 3.85 31.17
2013-09-30 82.72 3.85 31.17
2013-06-30 83.05 0.00 26.40
2013-03-31 83.05 0.00 26.40
2012-12-31 89.73 3.81 122.58
2012-09-30 89.73 3.81 122.58
2012-06-30 88.74 0.00 117.68
  • AdCapital's level of debt (14.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (4.6% vs 14.6% today).
  • Debt is well covered by operating cash flow (148%, greater than 20% of total debt).
  • AdCapital is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess AdCapital'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. AdCapital 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.

ADC Dividends

 What is AdCapital'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 AdCapital dividends.
If you bought €2,000 of AdCapital 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 AdCapital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate AdCapital'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
DB:ADC 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 Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:ADC Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2017-03-29 0.250 6.350
2016-04-06 0.400 8.731
2015-03-17 0.500 10.058
2014-04-04 0.500 10.043
2013-03-11 0.000 0.000
2012-05-09 0.000 0.000
2011-05-19 0.500 5.201
2010-03-01 0.500 5.527

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

  • Unable to perform a dividend volatility check as AdCapital has not reported any payouts.
  • Unable to verify if AdCapital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of AdCapital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as AdCapital 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 AdCapital'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 AdCapital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AdCapital 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.

ADC Management

 What is the CEO of AdCapital'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
Hans-Jürgen Döringer
CEO Bio

Mr. Hans-Jürgen Döringer serves as the President of the Management Board and Chief Executive Officer at AdCapital AG.

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

Hans-Jürgen Döringer

TITLE
President of the Management Board & CEO
Board of Directors

Sonja Zobl-Leibinger

TITLE
Chairman of the Supervisory Board

Christoph Zobl

TITLE
Deputy Chairman of Supervisory Board

Hans-Joachim Holstein

TITLE
Member of the Supervisory Board
TENURE
6.7 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 AdCapital'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. AdCapital 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.

ADC News

Simply Wall St News

What Type Of Shareholder Owns AdCapital AG's (FRA:ADC)?

A look at the shareholders of AdCapital AG (FRA:ADC) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … institutions own shares in the company

Simply Wall St -

Has AdCapital AG (FRA:ADC) Improved Earnings In Recent Times?

Today I will take a look at AdCapital AG's (FRA:ADC) most recent earnings update (31 December 2017) and compare these latest figures against its performance over the past few years, as well as how the rest of the capital markets industry performed. … Have ADC's earnings improved against past performances and the industry … ADC's trailing twelve-month earnings (from 31 December 2017) of €1.17m has

Simply Wall St -

Should You Be Tempted To Sell AdCapital AG (FRA:ADC) At Its Current PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between AdCapital AG (FRA:ADC)’s fundamentals and stock market performance. … While ADC might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

Simply Wall St -

Who Are The Largest Shareholders In AdCapital AG (FRA:ADC)?

The impact of a company's ownership structure affects both its short- and long-term performance. … Insider Ownership Another important group of shareholders are company insiders. … In general, this level of insider ownership has negatively affected underperforming (consistently low PE ratio) companies and positively affected the companies that outperform (consistently high PE ratio).

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Is AdCapital AG (FRA:ADC) A Sell At Its Current PE Ratio?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for ADC Price per share = €3.52 Earnings per share = €0.084 ∴ Price-Earnings Ratio = €3.52 ÷ €0.084 = 41.8x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … At 41.8x, ADC’s P/E is higher than its industry peers (16.2x).

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Before You Buy AdCapital AG's (FRA:ADC), Consider This

Generally, an investor should consider two types of risk that impact the market value of ADC. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Based on this beta value, ADC appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

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ADC Company Info

Description

AdCapital AG engages in the electrical engineering, metal and plastic processing, machine and tools manufacturing, and automotive businesses in Germany. The company was founded in 1979 and is based in Tuttlingen, Germany.

Details
Name: AdCapital AG
ADC
Exchange: DB
Founded: 1979
€29,277,297
13,941,570
Website: http://www.adcapital.de
Address: AdCapital AG
Daimlerstrasse 14,
Tuttlingen,
Baden-Württemberg, 78532,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB ADC Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
865
AdCapital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 20:54
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/03/30
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.