DB:NLM

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Executive Summary

FRoSTA Aktiengesellschaft, together with its subsidiaries, develops, produces, and markets frozen food products in Germany and rest of Europe. More Details


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0.6%

NLM

-0.1%

DE Food

1.3%

DE Market


1 Year Return

27.6%

NLM

16.4%

DE Food

5.4%

DE Market

Return vs Industry: NLM exceeded the German Food industry which returned 16.6% over the past year.

Return vs Market: NLM exceeded the German Market which returned 4.4% over the past year.


Shareholder returns

NLMIndustryMarket
7 Day0.6%-0.1%1.3%
30 Day3.5%-0.6%-1.3%
90 Day12.5%11.2%3.2%
1 Year30.7%27.6%18.3%16.4%8.3%5.4%
3 Year-10.9%-16.9%1.7%-3.9%2.2%-6.5%
5 Year118.8%94.8%24.8%13.7%32.0%13.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

37.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NLM (€70.2) is trading above our estimate of fair value (€50.07)

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


Price To Earnings Ratio

PE vs Industry: NLM is poor value based on its PE Ratio (37.9x) compared to the XE Food industry average (17.2x).

PE vs Market: NLM is poor value based on its PE Ratio (37.9x) compared to the German market (22.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NLM is overvalued based on its PB Ratio (2.8x) compared to the DE Food industry average (2.3x).


Next Steps

Future Growth

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

9.3%

Forecasted Food, Beverage & Tobacco 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 FRoSTA 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 FRoSTA performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NLM has high quality earnings.

Growing Profit Margin: NLM's current net profit margins (3.9%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: NLM's earnings have declined by 2.9% per year over the past 5 years.

Accelerating Growth: NLM's earnings growth over the past year (69.2%) exceeds its 5-year average (-2.9% per year).

Earnings vs Industry: NLM earnings growth over the past year (69.2%) exceeded the Food industry 5.4%.


Return on Equity

High ROE: NLM's Return on Equity (11.7%) is considered low.


Next Steps

Financial Health

How is FRoSTA's financial position?


Financial Position Analysis

Short Term Liabilities: NLM's short term assets (€191.8M) exceed its short term liabilities (€124.7M).

Long Term Liabilities: NLM's short term assets (€191.8M) exceed its long term liabilities (€19.6M).


Debt to Equity History and Analysis

Debt Level: NLM's debt to equity ratio (19%) is considered satisfactory.

Reducing Debt: NLM's debt to equity ratio has reduced from 21.2% to 19% over the past 5 years.

Debt Coverage: NLM's debt is well covered by operating cash flow (132.7%).

Interest Coverage: NLM earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is FRoSTA current dividend yield, its reliability and sustainability?

2.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NLM's dividend (2.28%) is higher than the bottom 25% of dividend payers in the German market (1.15%).

High Dividend: NLM's dividend (2.28%) is low compared to the top 25% of dividend payers in the German market (3.68%).


Stability and Growth of Payments

Stable Dividend: NLM's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.4%), NLM's 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?

10.7yrs

Average management tenure


CEO

Felix Ahlers (54 yo)

10.67yrs

Tenure

Mr. Felix Ahlers has been the Chairman of Executive Board at Frosta AG since January 1, 2010 and has been its Member of Managing Board since October 11, 2003. Mr. Ahlers serves as the Chief Executive Offic ...


Leadership Team

NamePositionTenureCompensationOwnership
Felix Ahlers
Chairman of the Executive Board & CEO10.67yrsno data33.67%
€ 162.2m
Maik Busse
MD of Finance3.42yrsno datano data
Hinnerk Ehlers
Head of Marketing10.67yrsno datano data

10.7yrs

Average Tenure

Experienced Management: NLM's management team is seasoned and experienced (10.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dirk Ahlers
Deputy Chairman of the Supervisory Board0.67yrno data10.01%
€ 48.2m
Volker Kuhn
Chairman of Supervisory Board0.67yrno datano data
Torsten Richter
Employee Representative Member of Supervisory Board1.33yrsno datano data

0.7yrs

Average Tenure

Experienced Board: NLM's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


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

FRoSTA Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FRoSTA Aktiengesellschaft
  • Ticker: NLM
  • Exchange: DB
  • Founded: 1905
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €481.568m
  • Shares outstanding: 6.80m
  • Website: https://www.frosta-ag.com

Number of Employees


Location

  • FRoSTA Aktiengesellschaft
  • Am Lunedeich 116
  • Bremerhaven
  • Bremen
  • 27572
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NLMDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

FRoSTA Aktiengesellschaft, together with its subsidiaries, develops, produces, and markets frozen food products in Germany and rest of Europe. The company offers readymade meals; vegetable mixtures; and fi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/29 21:03
End of Day Share Price2020/09/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.