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.

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

-0.7%

BST

-0.2%

DE Media

2.4%

DE Market


1 Year Return

18.1%

BST

-7.6%

DE Media

2.3%

DE Market

Return vs Industry: BST exceeded the German Media industry which returned -7.6% over the past year.

Return vs Market: BST exceeded the German Market which returned 2.3% over the past year.


Shareholder returns

BSTIndustryMarket
7 Day-0.7%-0.2%2.4%
30 Day-1.5%-2.5%-0.2%
90 Day-7.3%-0.2%0.6%
1 Year18.1%18.1%-3.4%-7.6%5.5%2.3%
3 Year-53.6%-54.4%-7.5%-18.7%18.9%8.6%
5 Year-59.4%-61.7%13.5%-9.8%44.8%25.1%

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 compared to its fair value and its price relative to the market?

44.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: BST (€2.68) is trading below our estimate of fair value (€4.81)

Significantly Undervalued: BST is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BST is good value based on its PE Ratio (12.3x) compared to the Media industry average (24.5x).

PE vs Market: BST is good value based on its PE Ratio (12.3x) compared to the German market (19.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: BST is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: BST is good value based on its PB Ratio (1x) compared to the DE Media industry average (3.1x).


Next Steps

Future Growth

How is Bastei Lübbe forecast 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 Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BST's forecast earnings growth (7.2% per year) is above the savings rate (0.2%).

Earnings vs Market: BST's earnings (7.2% per year) are forecast to grow slower than the German market (12.6% per year).

High Growth Earnings: BST's earnings are forecast to grow, but not significantly.

Revenue vs Market: BST's revenue (2.1% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: BST's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: BST's Return on Equity is forecast to be low in 3 years time (5.7%).


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

Earnings Trend: BST's earnings have declined by -54.6% per year over the past 5 years.

Accelerating Growth: BST has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BST has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-0.7%).


Return on Equity

High ROE: BST's Return on Equity (8.3%) is considered low.


Return on Assets

ROA vs Industry: BST has a higher Return on Assets than the Media industry average last year.


Return on Capital Employed

ROCE Improving: BST's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Bastei Lübbe's financial position?


Financial Position Analysis

Short Term Liabilities: BST's short term assets (€35.6M) do not cover its short term liabilities (€41.1M)

Long Term Liabilities: BST's short term assets (35.6M) exceeds its long term liabilities (15.4M)


Debt to Equity History and Analysis

Debt Level: BST's debt to equity ratio (50.6%) is considered high

Reducing Debt: BST's debt to equity ratio has reduced from 53.4% to 50.6% over the past 5 years.

Debt Coverage: BST's debt is well covered by operating cash flow (77%).

Interest Coverage: BST's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet

Inventory Level: BST has a high level of physical assets or inventory.

Debt Coverage by Assets: BST's debt is covered by short term assets (assets are 1.900720x debt).


Next Steps

Dividend

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

0.93%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.9%industryaverage6.0%forecastin3Years0.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BST's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BST's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BST is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BST's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Carel Halff (68yo)

1.9yrs

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

Compensation vs. Market: Carel has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the German market.

Compensation vs Earnings: Carel's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: BST's management team is considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Carel Halff (68yo)

    CEO & Chairman of Executive Board

    • Tenure: 1.9yrs
    • 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: 6.3yrs
    • Compensation: €369.00k
  • Felix Rudloff (48yo)

    Consultant

    • Tenure: 3.8yrs
  • Mario Giordano (56yo)

    Head of Content Development

    • Tenure: 5yrs

Board Members

  • Robert Stein (52yo)

    Chairman of Supervisory Board

    • Tenure: 2.9yrs
  • Mirko Caspar

    Deputy Chairman of Supervisory Board

    • Tenure: 0yrs
  • Friedrich Ekey

    Member of Supervisory Board

    • Tenure: 2.9yrs

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: €35.376m
  • 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 Analysis2019/10/14 21:26
End of Day Share Price2019/10/14 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.