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BFV

Berliner Effektengesellschaft DB:BFV Stock Report

Last Price

€80.00

Market Cap

€1.1b

7D

2.0%

1Y

-8.7%

Updated

29 Jun, 2022

Data

Company Financials
BFV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends2/6

BFV Stock Overview

Berliner Effektengesellschaft AG, through its subsidiaries, provides various banking and financial products and services in Germany.

Rewards

Price-To-Earnings ratio (14x) is below the German market (16.5x)

Risk Analysis

No risks detected for BFV from our risk checks.

Berliner Effektengesellschaft Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Berliner Effektengesellschaft
Historical stock prices
Current Share Price€80.00
52 Week High€90.40
52 Week Low€75.00
Beta0.47
1 Month Change6.38%
3 Month Change-0.25%
1 Year Change-8.68%
3 Year Change359.77%
5 Year Change417.46%
Change since IPO-16.37%

Recent News & Updates

Apr 24
Do Berliner Effektengesellschaft's (FRA:BFV) Earnings Warrant Your Attention?

Do Berliner Effektengesellschaft's (FRA:BFV) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Nov 28
Should You Be Adding Berliner Effektengesellschaft (FRA:BFV) To Your Watchlist Today?

Should You Be Adding Berliner Effektengesellschaft (FRA:BFV) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

BFVDE Capital MarketsDE Market
7D2.0%-3.0%-1.3%
1Y-8.7%-12.7%-22.2%

Return vs Industry: BFV exceeded the German Capital Markets industry which returned -13% over the past year.

Return vs Market: BFV exceeded the German Market which returned -21.5% over the past year.

Price Volatility

Is BFV's price volatile compared to industry and market?
BFV volatility
BFV Average Weekly Movement4.1%
Capital Markets Industry Average Movement4.9%
Market Average Movement5.6%
10% most volatile stocks in DE Market10.2%
10% least volatile stocks in DE Market2.9%

Stable Share Price: BFV is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BFV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986139Holger Timmhttps://www.effektengesellschaft.de

Berliner Effektengesellschaft AG, through its subsidiaries, provides various banking and financial products and services in Germany. The company offers a range of services in the capital markets, including financial advisory/listings, concept development, implementation of IPOs and listing, preparation and implementation of private placements, capital structuring and implementation, structured finance, reverse merger transactions, and transaction support services. It also provides securities trading and venture capital services; and private banking services, including private and company pension planning, financial planning, and portfolio optimization, as well as digital insurance services.

Berliner Effektengesellschaft Fundamentals Summary

How do Berliner Effektengesellschaft's earnings and revenue compare to its market cap?
BFV fundamental statistics
Market Cap€1.07b
Earnings (TTM)€76.85m
Revenue (TTM)€252.97m

14.0x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BFV income statement (TTM)
Revenue€252.97m
Cost of Revenue€0
Gross Profit€252.97m
Other Expenses€176.12m
Earnings€76.85m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.73
Gross Margin100.00%
Net Profit Margin30.38%
Debt/Equity Ratio0.2%

How did BFV perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

17%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BFV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BFV?

Other financial metrics that can be useful for relative valuation.

BFV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BFV's PE Ratio compare to its peers?

BFV PE Ratio vs Peers
The above table shows the PE ratio for BFV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.1x
FTK flatexDEGIRO
19.9x30.5%€1.0b
T2G Tradegate Wertpapierhandelsbank
25.7xn/a€2.7b
EUX EUWAX
58.1xn/a€342.5m
BWB Baader Bank
11.3x12.7%€238.1m
BFV Berliner Effektengesellschaft
14xn/a€1.1b

Price-To-Earnings vs Peers: BFV is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (29.1x).


Price to Earnings Ratio vs Industry

How does BFV's PE Ratio compare vs other companies in the DE Capital Markets Industry?

Price-To-Earnings vs Industry: BFV is expensive based on its Price-To-Earnings Ratio (14x) compared to the German Capital Markets industry average (12.8x)


Price to Earnings Ratio vs Fair Ratio

What is BFV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BFV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BFV's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BFV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BFV (€80) is trading above our estimate of fair value (€53.3)

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


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.1%

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 Berliner Effektengesellschaft 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.


Discover growth companies

Past Performance

How has Berliner Effektengesellschaft performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


49.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BFV has high quality earnings.

Growing Profit Margin: BFV's current net profit margins (30.4%) are higher than last year (29.9%).


Past Earnings Growth Analysis

Earnings Trend: BFV's earnings have grown significantly by 49.9% per year over the past 5 years.

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

Earnings vs Industry: BFV had negative earnings growth (-3.9%) over the past year, making it difficult to compare to the Capital Markets industry average (20.5%).


Return on Equity

High ROE: BFV's Return on Equity (43.8%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is Berliner Effektengesellschaft's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

3/6

Financial Health Score 3/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BFV's Assets to Equity ratio (1.8x) is low.

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

Low Risk Liabilities: 75% of BFV's liabilities are made up of primarily higher risk sources of funding.

Loan Level: BFV has an appropriate level of Loans to Assets ratio (1%).

Low Risk Deposits: BFV's Loans to Deposits ratio (6%) is appropriate.

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


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Dividend

What is Berliner Effektengesellschaft current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.25%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BFV's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.45%).

High Dividend: BFV's dividend (1.25%) is low compared to the top 25% of dividend payers in the German market (4.49%).


Stability and Growth of Payments

Stable Dividend: BFV's dividend payments have been volatile in the past 10 years.

Growing Dividend: BFV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.5%), BFV'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 or that it will be covered by earnings.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

€363k

CEO Compensation


CEO

Holger Timm

no data

Tenure

€363,000

Compensation

Mr. Holger Timm is the Founder of Berliner Effektengesellschaft AG, (the parent company of Ventegis Capital AG) and serves as its Chief Executive Officer and management board spokesman. Mr. Timm has been t...


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

Berliner Effektengesellschaft AG's employee growth, exchange listings and data sources


Key Information

  • Name: Berliner Effektengesellschaft AG
  • Ticker: BFV
  • Exchange: DB
  • Founded: 1986
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Implied Market Cap: €1.073b
  • Shares outstanding: 13.42m
  • Website: https://www.effektengesellschaft.de

Number of Employees


Location

  • Berliner Effektengesellschaft AG
  • Kurfuerstendamm 119
  • Berlin
  • Berlin
  • 10711
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.