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EuropaCorp

DB:AZ6
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AZ6
DB
€42M
Market Cap
  1. Home
  2. DE
  3. Media
Company description

EuropaCorp produces and distributes films worldwide. The last earnings update was 121 days ago. More info.


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AZ6 Share Price and Events
7 Day Returns
-1%
DB:AZ6
0.7%
DE Entertainment
1.8%
DE Market
1 Year Returns
-58.8%
DB:AZ6
12.5%
DE Entertainment
-6%
DE Market
AZ6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EuropaCorp (AZ6) -1% -1.4% -13.4% -58.8% -76.9% -78.6%
DE Entertainment 0.7% 5.7% 13.9% 12.5% 35.7% 73.7%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • AZ6 underperformed the Entertainment industry which returned 12.5% over the past year.
  • AZ6 underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
AZ6
Industry
5yr Volatility vs Market

Value

 Is EuropaCorp 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 EuropaCorp 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 EuropaCorp.

DB:AZ6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.5%
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:AZ6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.96
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.958 (1 + (1- 33%) (610.02%))
3.595
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 6.65%)
13.53%

Discounted Cash Flow Calculation for DB:AZ6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for EuropaCorp 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:AZ6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 13.53%)
2019 30.50 Analyst x1 26.87
2020 42.80 Analyst x1 33.21
2021 43.90 Analyst x1 30.00
2022 44.71 Est @ 1.85% 26.92
2023 45.32 Est @ 1.36% 24.03
2024 45.78 Est @ 1.02% 21.38
2025 46.14 Est @ 0.78% 18.98
2026 46.42 Est @ 0.62% 16.82
2027 46.66 Est @ 0.5% 14.89
2028 46.85 Est @ 0.42% 13.17
Present value of next 10 years cash flows €226.28
DB:AZ6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €46.85 × (1 + 0.23%) ÷ (13.53% – 0.23%)
€353.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €353.07 ÷ (1 + 13.53%)10
€99.27
DB:AZ6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €226.28 + €99.27
€325.55
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €325.55 / 40.94
€7.95
DB:AZ6 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AZ6 represents 0.98225x of ENXTPA:ECP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98225x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 7.95 x 0.98225
€7.81
Value per share (EUR) From above. €7.81
Current discount Discount to share price of €1.00
= -1 x (€1.00 - €7.81) / €7.81
87.2%

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

Current Discount
Amount off the current price EuropaCorp is available for.
Intrinsic value
>50%
Share price is €1 vs Future cash flow value of €7.81
Current Discount Checks
For EuropaCorp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • EuropaCorp's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • EuropaCorp'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 EuropaCorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are EuropaCorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AZ6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €-2.18
ENXTPA:ECP Share Price ** ENXTPA (2019-04-18) in EUR €1.01
Germany Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 19.8x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

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

** Primary Listing of EuropaCorp.

DB:AZ6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ECP Share Price ÷ EPS (both in EUR)

= 1.01 ÷ -2.18

-0.47x

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

  • EuropaCorp is loss making, we can't compare its value to the DE Entertainment industry average.
  • EuropaCorp is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does EuropaCorp's expected growth come at a high price?
Raw Data
DB:AZ6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
108.9%per year
Europe Entertainment Industry PEG Ratio Median Figure of 30 Publicly-Listed Entertainment Companies 1.67x
Germany Market PEG Ratio Median Figure of 270 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 EuropaCorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on EuropaCorp's assets?
Raw Data
DB:AZ6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €-1.93
ENXTPA:ECP Share Price * ENXTPA (2019-04-18) in EUR €1.01
Germany Entertainment Industry PB Ratio Median Figure of 14 Publicly-Listed Entertainment Companies 1.56x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:AZ6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ECP Share Price ÷ Book Value per Share (both in EUR)

= 1.01 ÷ -1.93

-0.52x

* Primary Listing of EuropaCorp.

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

  • EuropaCorp has negative assets, we can't compare the value of its assets to the DE Entertainment industry average.
X
Value checks
We assess EuropaCorp'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. EuropaCorp 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.

Future Performance

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

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
108.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EuropaCorp expected to grow at an attractive rate?
  • Unable to compare EuropaCorp's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare EuropaCorp's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • EuropaCorp's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AZ6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AZ6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 108.9%
DB:AZ6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 2%
Germany Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 23%
Germany Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
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:AZ6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AZ6 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 169 119 -1 1
2020-03-31 174 117 -3 1
2019-03-31 156 107 -13 1
DB:AZ6 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 167 68 -89
2018-06-30 195 88 -89
2018-03-31 224 107 -88
2017-12-31 220 95 -130
2017-09-30 217 83 -172
2017-06-30 178 43 -144
2017-03-31 140 2 -117
2016-12-31 136 28 -84
2016-09-30 131 54 -50
2016-06-30 139 68 -39
2016-03-31 147 82 -28
2015-12-31 176 89 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EuropaCorp is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • EuropaCorp's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
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:AZ6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from EuropaCorp Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AZ6 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 -0.02 -0.02 -0.02 1.00
2020-03-31 -0.07 -0.07 -0.07 1.00
2019-03-31 -0.31 -0.31 -0.31 1.00
DB:AZ6 Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 -2.18
2018-06-30 -2.16
2018-03-31 -2.15
2017-12-31 -3.16
2017-09-30 -3.69
2017-06-30 -3.53
2017-03-31 -2.86
2016-12-31 -2.04
2016-09-30 -1.68
2016-06-30 -1.32
2016-03-31 -0.94
2015-12-31 -0.38

*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 EuropaCorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess EuropaCorp'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.
EuropaCorp has a total score of 0/6, 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.

Past Performance

  How has EuropaCorp 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 EuropaCorp'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.
  • EuropaCorp does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare EuropaCorp's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare EuropaCorp's 1-year growth to the DE Entertainment industry average as it is not currently profitable.
Earnings and Revenue History
EuropaCorp'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 EuropaCorp Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AZ6 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 166.83 -89.26 27.40
2018-06-30 195.25 -88.70 30.83
2018-03-31 223.66 -88.15 34.25
2017-12-31 220.01 -129.53 39.18
2017-09-30 216.83 -171.66 44.25
2017-06-30 178.33 -144.42 45.64
2017-03-31 139.83 -117.18 47.04
2016-12-31 135.60 -83.58 51.94
2016-09-30 131.37 -49.99 56.84
2016-06-30 139.35 -38.84 57.62
2016-03-31 147.34 -27.70 58.39
2015-12-31 176.45 -11.11 57.06
2015-09-30 205.56 5.47 55.73
2015-06-30 216.25 10.86 53.62
2015-03-31 226.94 16.25 51.51
2014-12-31 234.89 11.41 49.56
2014-09-30 242.83 6.57 47.61
2014-06-30 227.32 3.39 46.10
2014-03-31 211.82 0.20 44.58
2013-12-31 191.26 4.35 38.23
2013-09-30 170.71 8.51 31.88
2013-06-30 178.26 14.05 28.99
2013-03-31 185.81 19.59 26.11
2012-12-31 182.80 22.15 25.65
2012-09-30 179.79 24.71 25.19
2012-06-30 174.03 12.40 25.20

*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.
  • It is difficult to establish if EuropaCorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if EuropaCorp has efficiently used its assets last year compared to the DE Entertainment industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if EuropaCorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess EuropaCorp'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.
EuropaCorp has a total score of 0/6, 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.

Health

 How is EuropaCorp'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 EuropaCorp's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • EuropaCorp's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • EuropaCorp's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of EuropaCorp'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.
  • EuropaCorp has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 EuropaCorp Company Filings, last reported 6 months ago.

DB:AZ6 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -78.83 253.26 31.46
2018-06-30 -78.83 253.26 31.46
2018-03-31 9.81 269.04 33.22
2017-12-31 9.81 269.04 33.22
2017-09-30 30.49 297.61 27.57
2017-06-30 30.49 297.61 27.57
2017-03-31 96.51 374.48 106.98
2016-12-31 96.51 374.48 106.98
2016-09-30 128.50 454.10 110.91
2016-06-30 128.50 454.10 110.91
2016-03-31 155.01 312.58 122.21
2015-12-31 155.01 312.58 122.21
2015-09-30 174.30 289.04 85.20
2015-06-30 174.30 289.04 85.20
2015-03-31 186.27 157.37 71.83
2014-12-31 186.27 157.37 71.83
2014-09-30 165.74 180.12 61.92
2014-06-30 165.74 180.12 61.92
2014-03-31 156.07 172.66 63.04
2013-12-31 156.07 172.66 63.04
2013-09-30 150.65 173.32 92.67
2013-06-30 150.65 173.32 92.67
2013-03-31 151.62 107.41 75.67
2012-12-31 151.62 107.41 75.67
2012-09-30 114.49 110.07 67.87
2012-06-30 114.49 110.07 67.87
  • EuropaCorp has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if EuropaCorp's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making EuropaCorp has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making EuropaCorp has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -58.1% per year.
X
Financial health checks
We assess EuropaCorp'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. EuropaCorp has a total score of 3/6, 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.

Dividends

 What is EuropaCorp'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 EuropaCorp dividends. Estimated to be 0% next year.
If you bought €2,000 of EuropaCorp 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 EuropaCorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate EuropaCorp'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:AZ6 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 1 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 327 Stocks 3%
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:AZ6 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 0.00 1.00
2020-03-31 0.00 1.00
2019-03-31 0.00 1.00
DB:AZ6 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2014-11-26 0.000 0.000
2014-07-22 0.000 0.000
2013-09-26 0.120 2.953
2010-11-29 0.000 0.000
2010-07-26 0.000 0.000
2010-06-29 0.000 0.000
2009-07-30 0.180 2.894
2009-06-19 0.180 2.439
2009-04-22 0.140 2.576

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

  • Unable to perform a dividend volatility check as EuropaCorp has not reported any payouts.
  • Unable to verify if EuropaCorp's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of EuropaCorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as EuropaCorp has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of EuropaCorp's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess EuropaCorp'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 EuropaCorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. EuropaCorp 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.

Management

 What is the CEO of EuropaCorp'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.
  • EuropaCorp has no CEO, or we have no data on them.
Management Team

Luc Besson

TITLE
Co-Founder & Chairman
COMPENSATION
€7M
AGE
58

Regis Marillas

TITLE
Financial Director
Board of Directors Tenure

Average tenure and age of the EuropaCorp board of directors in years:

6.6
Average Tenure
66
Average Age
  • The tenure for the EuropaCorp board of directors is about average.
Board of Directors

Charles Milhaud

TITLE
Vice Chairman of the Board
COMPENSATION
€47K
AGE
75
TENURE
6.6 yrs

Luc Besson

TITLE
Co-Founder & Chairman
COMPENSATION
€7M
AGE
58
TENURE
6.5 yrs

Françoise Nyssen

TITLE
Independent Director
COMPENSATION
€11K
AGE
66
TENURE
6.6 yrs

Didier Kunstlinger

TITLE
Director
COMPENSATION
€42K
AGE
71
TENURE
6.6 yrs

Patrice Gassenbach

TITLE
Director
COMPENSATION
€33K
AGE
72
TENURE
6.6 yrs

Eugenio Minvielle

TITLE
Director
COMPENSATION
€2K
AGE
54
TENURE
6.6 yrs

Rhyzlène Nusse

TITLE
Director
COMPENSATION
€17K
AGE
51
TENURE
4.6 yrs

Junguo Gao

TITLE
Director
COMPENSATION
€6K

Virginie Besson-Silla

TITLE
Director
COMPENSATION
€654K
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 EuropaCorp'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. EuropaCorp 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.

News

Simply Wall St News

Company Info

Description

EuropaCorp produces and distributes films worldwide. The company produces cinematographic works and TV dramas; distributes films in theaters, as well as on-demand and video-format films; and operates theaters. It also sells international TV rights and licenses; produces and publishes film soundtracks; and produces television movies and episodic television series for platforms. EuropaCorp was founded in 1999 and is based in Saint-Denis, France.

Details
Name: EuropaCorp
AZ6
Exchange: DB
Founded: 1999
€41,516,486
40,943,281
Website: http://www.europacorp.com
Address: EuropaCorp
20 Rue Ampère,
Saint-Denis,
Ile-de-France, 93200,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ECP Common Shares Euronext Paris FR EUR 06. Jul 2007
DB AZ6 Common Shares Deutsche Boerse AG DE EUR 06. Jul 2007
LSE 0IB7 Common Shares London Stock Exchange GB EUR 06. Jul 2007
BATS-CHIXE ECPP Common Shares BATS 'Chi-X Europe' GB EUR 06. Jul 2007
Number of employees
Current staff
Staff numbers
88
EuropaCorp employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:03
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/01/04
Last earnings filing: 2018/12/21
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.