XTRA:BST

Stock Analysis Report

Executive Summary

Bastei Lübbe AG, a media company, publishes books, audio books, eBooks, novels, and games and puzzle magazines in Germany, Austria, Luxembourg, and Switzerland.

Snowflake

Fundamentals

Undervalued with adequate balance sheet.

Risks

  • Bastei Lübbe is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

5.7%

XTRA:BST

-0.07%

DE Media

0.4%

DE Market


1 Year Return

26.8%

XTRA:BST

-13.5%

DE Media

-4.5%

DE Market

BST outperformed the Media industry which returned -13.5% over the past year.

BST outperformed the Market in Germany which returned -4.5% over the past year.


Share holder returns

BSTIndustryMarket
7 Day5.7%-0.07%0.4%
30 Day11.6%5.7%6.4%
90 Day10.7%1.5%0.9%
1 Year26.8%26.8%-9.0%-13.5%-1.5%-4.5%
3 Year-49.0%-49.9%-14.8%-26.1%18.4%8.3%
5 Year-61.7%-63.8%9.2%-13.2%32.0%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Bastei Lübbe undervalued based on future cash flows and its price relative to the stock market?

42%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Bastei Lübbe's share price is below the future cash flow value, and at a moderate discount (> 20%).

Bastei Lübbe's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Bastei Lübbe is good value based on earnings compared to the DE Media industry average.

Bastei Lübbe is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Bastei Lübbe is poor value based on expected growth next year.


Price Based on Value of Assets

Bastei Lübbe is good value based on assets compared to the DE Media industry average.


Next Steps

Future Growth

How is Bastei Lübbe expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Bastei Lübbe's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).

Bastei Lübbe's earnings are expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).

Bastei Lübbe's revenue growth is positive but not above the Germany market average.

Bastei Lübbe's earnings growth is positive but not above the Germany market average.

Bastei Lübbe's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Bastei Lübbe is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Bastei Lübbe performed over the past 5 years?

-54.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bastei Lübbe's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Bastei Lübbe has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Bastei Lübbe has become profitable in the last year making it difficult to compare the DE Media industry average.


Return on Equity

Bastei Lübbe has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bastei Lübbe used its assets more efficiently than the DE Media industry average last year based on Return on Assets.


Return on Capital Employed

Bastei Lübbe has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Bastei Lübbe's financial position?


Financial Position Analysis

Bastei Lübbe's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Bastei Lübbe's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Bastei Lübbe's level of debt (50.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (53.4% vs 50.6% today).

Debt is well covered by operating cash flow (77%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

What is Bastei Lübbe's current dividend yield, its reliability and sustainability?

0.90%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Bastei Lübbe's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Bastei Lübbe's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Bastei Lübbe has not reported any payouts.

Unable to verify if Bastei Lübbe's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Bastei Lübbe has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.5x coverage).


Next Steps

Management

What is the CEO of Bastei Lübbe's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average management tenure


CEO

Carel Halff 0

1.8yrs

Tenure

€637,000

Compensation

Mr. Carel Halff has been Chief Executive Officer and Member of Management Board at Bastei Lübbe AG since November 1, 2017 and also serves as it's Chairman of Executive Board. Mr. Halff served as Chairman,  ...


CEO Compensation Analysis

Carel's remuneration is higher than average for companies of similar size in Germany.

Carel's compensation has increased in line with Bastei Lübbe recently becoming profitable.


Management Age and Tenure

3.7yrs

Average Tenure

56yo

Average Age

The tenure for the Bastei Lübbe management team is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Carel Halff

    CEO & Chairman of Executive Board

    • Tenure: 1.8yrs
    • Compensation: €637.00k
  • Ulrich Zimmermann (57yo)

    CFO & Member of the Executive Board

    • Tenure: 2.3yrs
    • Compensation: €322.00k
  • Barbara Fischer

    Head of Press & Public Relations

    • Tenure: 0yrs
  • Klaus Kluge

    Director of Programme

    • Tenure: 6.2yrs
    • Compensation: €369.00k
  • Felix Rudloff (48yo)

    Consultant

    • Tenure: 3.7yrs
  • Mario Giordano (56yo)

    Head of Content Development

    • Tenure: 4.9yrs

Board Members

  • Robert Stein (52yo)

    Chairman of Supervisory Board

    • Tenure: 2.8yrs
  • Mirko Caspar

    Deputy Chairman of Supervisory Board

    • Tenure: 0yrs
  • Friedrich Ekey

    Member of Supervisory Board

    • Tenure: 2.8yrs

Company Information

Bastei Lübbe AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bastei Lübbe AG
  • Ticker: BST
  • Exchange: XTRA
  • Founded: 1953
  • Industry: Publishing
  • Sector: Media
  • Market Cap: €36.828m
  • Shares outstanding: 13.20m
  • Website: https://www.luebbe.de

Number of Employees


Location

  • Bastei Lübbe AG
  • Schanzenstrasse 6-20
  • Cologne
  • North Rhine-Westphalia
  • 51063
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSTDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2013
BSTXTRA (XETRA Trading Platform)YesCommon StockDEEURSep 2013
0QHCLSE (London Stock Exchange)YesCommon StockGBEURSep 2013
BSTDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURSep 2013

Biography

Bastei Lübbe AG, a media company, publishes books, audio books, eBooks, novels, and games and puzzle magazines in Germany, Austria, Luxembourg, and Switzerland. It operates through Books, Novel Booklets an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 21:29
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.