Loading...

AFC Ajax

DB:AJXA
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AJXA
DB
€343M
Market Cap
  1. Home
  2. DE
  3. Media
Company description

AFC Ajax NV operates a soccer club primarily in the Netherlands. The last earnings update was 48 days ago. More info.


Add to Portfolio Compare Print
AJXA Share Price and Events
7 Day Returns
9.4%
DB:AJXA
2.3%
DE Entertainment
2.3%
DE Market
1 Year Returns
71.4%
DB:AJXA
12%
DE Entertainment
-7.2%
DE Market
AJXA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AFC Ajax (AJXA) 9.4% 12.4% 24.4% 71.4% 120.2% 112.6%
DE Entertainment 2.3% 8.3% 18.5% 12% 33.1% 74.4%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • AJXA outperformed the Entertainment industry which returned 12% over the past year.
  • AJXA outperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
AJXA
Industry
5yr Volatility vs Market

AJXA Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of AFC Ajax to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for AFC Ajax.

DB:AJXA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AJXA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.959 (1 + (1- 25%) (0.01%))
0.973
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.973 * 5.96%)
6.03%

Discounted Cash Flow Calculation for DB:AJXA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for AFC Ajax is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:AJXA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.03%)
2019 17.75 Est @ 69.85% 16.74
2020 26.43 Est @ 48.96% 23.51
2021 35.51 Est @ 34.34% 29.79
2022 44.07 Est @ 24.11% 34.88
2023 51.54 Est @ 16.94% 38.47
2024 57.69 Est @ 11.93% 40.61
2025 62.55 Est @ 8.42% 41.53
2026 66.27 Est @ 5.96% 41.50
2027 69.09 Est @ 4.24% 40.80
2028 71.18 Est @ 3.04% 39.65
Present value of next 10 years cash flows €347.48
DB:AJXA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €71.18 × (1 + 0.23%) ÷ (6.03% – 0.23%)
€1,230.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,230.57 ÷ (1 + 6.03%)10
€685.47
DB:AJXA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €347.48 + €685.47
€1,032.95
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,032.95 / 18.33
€56.34
DB:AJXA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AJXA represents 0.99465x of ENXTAM:AJAX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99465x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 56.34 x 0.99465
€56.04
Value per share (EUR) From above. €56.04
Current discount Discount to share price of €18.60
= -1 x (€18.60 - €56.04) / €56.04
66.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price AFC Ajax is available for.
Intrinsic value
>50%
Share price is €18.6 vs Future cash flow value of €56.04
Current Discount Checks
For AFC Ajax to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AFC Ajax's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • AFC Ajax's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for AFC Ajax's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AFC Ajax's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AJXA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.17
ENXTAM:AJAX Share Price ** ENXTAM (2019-04-17) in EUR €18.7
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 16.76x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of AFC Ajax.

DB:AJXA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:AJAX Share Price ÷ EPS (both in EUR)

= 18.7 ÷ 0.17

110.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AFC Ajax is overvalued based on earnings compared to the DE Entertainment industry average.
  • AFC Ajax is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does AFC Ajax's expected growth come at a high price?
Raw Data
DB:AJXA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 110.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
15.5%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.72x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for AFC Ajax, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AFC Ajax's assets?
Raw Data
DB:AJXA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €9.70
ENXTAM:AJAX Share Price * ENXTAM (2019-04-17) in EUR €18.7
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.55x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:AJXA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:AJAX Share Price ÷ Book Value per Share (both in EUR)

= 18.7 ÷ 9.70

1.93x

* Primary Listing of AFC Ajax.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AFC Ajax is overvalued based on assets compared to the DE Entertainment industry average.
X
Value checks
We assess AFC Ajax's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. AFC Ajax has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AJXA Future Performance

 How is AFC Ajax expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover AFC Ajax, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AFC Ajax expected to grow at an attractive rate?
  • AFC Ajax's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • AFC Ajax's earnings growth is expected to exceed the Germany market average.
  • Unable to compare AFC Ajax's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:AJXA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AJXA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 15.5%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 22.9%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AJXA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AJXA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 148 21 3
2018-09-30 120 -2 2
2018-06-30 92 -25 1
2018-03-31 103 -11 21
2017-12-31 112 2 39
2017-09-30 115 12 44
2017-06-30 118 23 49
2017-03-31 107 14 38
2016-12-31 96 5 27
2016-09-30 95 -1 13
2016-06-30 93 -7 -1
2016-03-31 93 -3 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AFC Ajax's earnings are expected to grow by 15.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if AFC Ajax is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AJXA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from AFC Ajax Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AJXA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.17
2018-09-30 0.12
2018-06-30 0.06
2018-03-31 1.13
2017-12-31 2.11
2017-09-30 2.40
2017-06-30 2.70
2017-03-31 2.08
2016-12-31 1.45
2016-09-30 0.71
2016-06-30 -0.04
2016-03-31 -0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if AFC Ajax will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess AFC Ajax's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
AFC Ajax has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AJXA Past Performance

  How has AFC Ajax performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare AFC Ajax's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • AFC Ajax's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • AFC Ajax's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • AFC Ajax's 1-year earnings growth is negative, it can't be compared to the DE Entertainment industry average.
Earnings and Revenue History
AFC Ajax's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from AFC Ajax Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AJXA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 147.96 3.11 68.84
2018-09-30 119.96 2.15 60.84
2018-06-30 91.95 1.19 52.84
2018-03-31 102.54 20.65 53.43
2017-12-31 111.68 38.68 54.02
2017-09-30 114.95 44.07 54.56
2017-06-30 118.22 49.46 55.10
2017-03-31 107.13 38.06 52.16
2016-12-31 96.03 26.67 49.22
2016-09-30 94.73 12.97 48.06
2016-06-30 93.42 -0.73 46.91
2016-03-31 93.06 -2.61 46.57
2015-12-31 92.70 -4.48 46.23
2015-09-30 99.06 8.77 45.57
2015-06-30 105.41 22.02 44.91
2015-03-31 104.13 21.48 46.76
2014-12-31 102.85 20.95 48.61
2014-09-30 103.32 18.76 48.49
2014-06-30 103.78 16.56 48.38
2014-03-31 104.80 15.80 48.16
2013-12-31 105.82 15.03 47.93
2013-09-30 105.72 16.59 47.41
2013-06-30 105.63 18.15 46.88
2013-03-31 108.22 21.51 46.33
2012-12-31 110.81 24.87 45.78
2012-09-30 107.65 17.27 45.39
2012-06-30 104.49 9.67 45.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • AFC Ajax has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • AFC Ajax used its assets less efficiently than the DE Entertainment industry average last year based on Return on Assets.
  • It is difficult to establish if AFC Ajax improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess AFC Ajax's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
AFC Ajax has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AJXA Health

 How is AFC Ajax's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up AFC Ajax's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AFC Ajax is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AFC Ajax's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AFC Ajax's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4953.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from AFC Ajax Company Filings, last reported 3 months ago.

DB:AJXA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 178.68 0.02 60.16
2018-09-30 178.68 0.02 60.16
2018-06-30 158.94 0.03 36.13
2018-03-31 158.94 0.03 36.13
2017-12-31 175.50 0.03 71.38
2017-09-30 175.50 0.03 71.38
2017-06-30 158.87 0.03 87.83
2017-03-31 158.87 0.03 87.83
2016-12-31 138.69 0.00 71.36
2016-09-30 138.69 0.00 71.36
2016-06-30 108.94 0.05 70.27
2016-03-31 108.94 0.05 70.27
2015-12-31 111.38 0.08 74.36
2015-09-30 111.38 0.08 74.36
2015-06-30 110.12 0.03 80.14
2015-03-31 110.12 0.03 80.14
2014-12-31 116.38 0.03 86.60
2014-09-30 116.38 0.03 86.60
2014-06-30 88.08 0.04 59.95
2014-03-31 88.08 0.04 59.95
2013-12-31 95.51 0.04 69.00
2013-09-30 95.51 0.04 69.00
2013-06-30 71.84 0.10 43.44
2013-03-31 71.84 0.10 43.44
2012-12-31 81.44 0.20 49.69
2012-09-30 81.44 0.20 49.69
2012-06-30 54.75 0.29 17.02
  • AFC Ajax's level of debt (0%) 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 (0% vs 0% today).
  • Debt is well covered by operating cash flow (102590%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on AFC Ajax's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess AFC Ajax's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. AFC Ajax has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AJXA Dividends

 What is AFC Ajax's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from AFC Ajax dividends.
If you bought €2,000 of AFC Ajax shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate AFC Ajax's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate AFC Ajax's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AJXA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AJXA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-28 0.000 0.000
2018-09-28 0.000 0.000
2017-09-29 0.240 2.177
2017-09-25 0.240 2.301
2017-02-27 0.000 0.000
2016-09-23 0.000 0.000
2015-09-28 0.080 0.935
2015-09-25 0.080 0.914

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as AFC Ajax has not reported any payouts.
  • Unable to verify if AFC Ajax's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of AFC Ajax's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as AFC Ajax has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess AFC Ajax's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can AFC Ajax afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AFC Ajax has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AJXA Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • AFC Ajax has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the AFC Ajax management team in years:

4.3
Average Tenure
48
Average Age
  • The tenure for the AFC Ajax management team is about average.
Management Team

Edwin van der Sar

TITLE
Chairman of Management Board
COMPENSATION
€480K
AGE
48
TENURE
4.3 yrs

Jeroen Slop

TITLE
CFO, Financial Director & Member of Management Board
COMPENSATION
€326K
AGE
57
TENURE
20.3 yrs

Marc Overmars

TITLE
MD & Member of Management Board
COMPENSATION
€432K
AGE
45

Rutger Arisz

TITLE
Operations Director & Member of Management Board
COMPENSATION
€366K
AGE
48
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the AFC Ajax board of directors in years:

3
Average Tenure
57.5
Average Age
  • The tenure for the AFC Ajax board of directors is about average.
Board of Directors

Leo van Wijk

TITLE
Chairman of Supervisory Board
AGE
72
TENURE
3.4 yrs

Leen Meijaard

TITLE
Vice Chairman of Supervisory Board
AGE
57
TENURE
3 yrs

Ernst Ligthart

TITLE
Member of Supervisory Board
AGE
49
TENURE
7.3 yrs

Peter Mensing

TITLE
Member of Supervisory Board
AGE
58
TENURE
3 yrs

Danny Blind

TITLE
Member of Supervisory Board
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess AFC Ajax's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. AFC Ajax has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AJXA News

Simply Wall St News

AJXA Company Info

Description

AFC Ajax NV operates a soccer club primarily in the Netherlands. The company also operates soccer stadium and youth academy. In addition, it sells tickets online. The company was founded in 1900 and is based in Amsterdam, the Netherlands.

Details
Name: AFC Ajax NV
AJXA
Exchange: DB
Founded: 1900
€342,833,327
18,333,333
Website: http://www.ajax.nl
Address: AFC Ajax NV
PO Box 12 522,
Amsterdam,
Noord-Holland, 1100 AM,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM AJAX Ordinary Shares Euronext Amsterdam NL EUR 11. May 1998
OTCPK AFCJ.F Ordinary Shares Pink Sheets LLC US USD 11. May 1998
DB AJXA Ordinary Shares Deutsche Boerse AG DE EUR 11. May 1998
LSE 0DI7 Ordinary Shares London Stock Exchange GB EUR 11. May 1998
BATS-CHIXE AJAXA Ordinary Shares BATS 'Chi-X Europe' GB EUR 11. May 1998
Number of employees
Current staff
Staff numbers
368
AFC Ajax employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 20:58
End of day share price update: 2019/04/17 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.