XTRA:KA8

Stock Analysis Report

Executive Summary

Klassik Radio AG operates radio broadcasting stations in Germany.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Klassik Radio is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.7%

XTRA:KA8

0.6%

DE Media

2.6%

DE Market


1 Year Return

4.1%

XTRA:KA8

-18.0%

DE Media

-9.6%

DE Market

KA8 outperformed the Media industry which returned -18.6% over the past year.

KA8 outperformed the Market in Germany which returned -10.8% over the past year.


Share holder returns

KA8IndustryMarket
7 Day2.7%0.6%2.6%
30 Day-1.9%-2.3%-3.0%
90 Day-0.7%5.7%-1.4%
1 Year6.9%4.1%-13.3%-18.0%-6.8%-9.6%
3 Year114.0%108.4%-21.5%-32.2%11.0%1.5%
5 Year77.4%72.7%3.6%-18.5%25.6%8.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Klassik Radio is overvalued based on earnings compared to the DE Media industry average.

Klassik Radio is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

Klassik Radio is poor value based on expected growth next year.


Price Based on Value of Assets

Klassik Radio is overvalued based on assets compared to the DE Media industry average.


Next Steps

Future Growth

How is Klassik Radio expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Klassik Radio's revenue is expected to grow by 9% yearly, however this is not considered high growth (20% yearly).

Klassik Radio's earnings are expected to grow by 14% yearly, however this is not considered high growth (20% yearly).

Klassik Radio's revenue growth is expected to exceed the Germany market average.

Klassik Radio's earnings growth is expected to exceed the Germany market average.

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


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Klassik Radio will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Klassik Radio performed over the past 5 years?

31.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Klassik Radio has delivered over 20% year on year earnings growth in the past 5 years.

Klassik Radio's 1-year earnings growth is less than its 5-year average (25.7% vs 31.9%)

Klassik Radio's earnings growth has exceeded the DE Media industry average in the past year (25.7% vs 0.6%).


Return on Equity

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


Return on Assets

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


Return on Capital Employed

Klassik Radio 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 Klassik Radio's financial position?


Financial Position Analysis

Klassik Radio is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Klassik Radio's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Klassik Radio's level of debt (0.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (17.8% vs 0.8% today).

Debt is well covered by operating cash flow (1486.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 32.5x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 62.4x debt.


Next Steps

Dividend

What is Klassik Radio's current dividend yield, its reliability and sustainability?

3.60%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Klassik Radio has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Klassik Radio has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2x coverage).


Next Steps

Management

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

€268k

CEO Compensation


CEO

Ulrich Kubak 0

0.0yrs

Tenure

€268,000

Compensation

Mr. Ulrich J. R. Kubak serves as the President of the Management Board and Chief Executive Officerof Klassik Radio AG. Mr. Kubak served as Chairman of the Management Board, Chief Visionary Officer, Managin ...


CEO Compensation Analysis

Ulrich's remuneration is about average for companies of similar size in Germany.

Ulrich's compensation has been consistent with company performance over the past year, both up more than 20%.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Ulrich Kubak

    President of the Management Board & CEO

    • Tenure: 0.0yrs
    • Compensation: €268.00k
  • Jürgen Rauch

    Executive Director

    • Tenure: 0.0yrs
  • Tina Jäger

    Member of the Executive Board

    • Tenure: 0.0yrs
  • Brigitte Spörl

    Head of Finance

    • Tenure: 0.0yrs

Board Members

  • Philip von Stauffenberg (55yo)

    Vice-Chairman of the Supervisory Board

    • Tenure: 0.0yrs
    • Compensation: €11.00k
  • Dorothee Hallerbach

    Chairwoman of the Supervisory Board

    • Tenure: 0.0yrs
    • Compensation: €15.00k
  • Reinhold Schorer

    Member of the Supervisory Board

    • Tenure: 0.0yrs
    • Compensation: €7.00k

Company Information

Klassik Radio AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Klassik Radio AG
  • Ticker: KA8
  • Exchange: XTRA
  • Founded: 2000
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: €36.670m
  • Shares outstanding: 4.83m
  • Website: https://www.klassikradio.de

Number of Employees


Location

  • Klassik Radio AG
  • Imhofstrasse 12
  • Augsburg
  • Bavaria
  • 86159
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KA8DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2004
KA8XTRA (XETRA Trading Platform)YesOrdinary SharesDEEURDec 2004

Biography

Klassik Radio AG operates radio broadcasting stations in Germany. The company operates in two segments, Radiosender and Merchandising. The Radiosender segment’s stations broadcast classic hits, film music, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 21:02
End of Day Share Price2019/08/21 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.