DB:ODE

Stock Analysis Report

Executive Summary

Odeon Film AG operates as an independent television and cinema production company in Germany.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Odeon Film's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ODE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.2%

ODE

2.0%

DE Entertainment

-0.2%

DE Market


1 Year Return

-12.2%

ODE

34.2%

DE Entertainment

13.7%

DE Market

Return vs Industry: ODE underperformed the German Entertainment industry which returned 35.6% over the past year.

Return vs Market: ODE underperformed the German Market which returned 14.4% over the past year.


Shareholder returns

ODEIndustryMarket
7 Day5.2%2.0%-0.2%
30 Day2.0%-0.7%0.3%
90 Day-8.2%7.3%3.7%
1 Year-12.2%-12.2%36.0%34.2%17.2%13.7%
3 Year20.5%16.1%42.7%35.8%15.4%5.3%
5 Year87.2%80.4%116.7%99.5%21.3%4.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Odeon Film undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ODE (€1.01) is trading below our estimate of fair value (€4.93)

Significantly Below Fair Value: ODE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ODE is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: ODE is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ODE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ODE is good value based on its PB Ratio (1.1x) compared to the DE Entertainment industry average (1.5x).


Next Steps

Future Growth

How is Odeon Film forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Odeon Film has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Odeon Film performed over the past 5 years?

46.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ODE is currently unprofitable.

Growing Profit Margin: ODE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ODE is unprofitable, but has reduced losses over the past 5 years at a rate of 46.9% per year.

Accelerating Growth: Unable to compare ODE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ODE is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (17.1%).


Return on Equity

High ROE: ODE has a negative Return on Equity (-17.98%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Odeon Film's financial position?


Financial Position Analysis

Short Term Liabilities: ODE's short term assets (€14.4M) exceed its short term liabilities (€14.3M).

Long Term Liabilities: ODE's short term assets (€14.4M) exceed its long term liabilities (€4.7M).


Debt to Equity History and Analysis

Debt Level: ODE's debt to equity ratio (78.3%) is considered high.

Reducing Debt: ODE's debt to equity ratio has increased from 32.7% to 78.3% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: ODE's debt is covered by short term assets (assets are 1.6x debt).


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.

Stable Cash Runway: Whilst unprofitable ODE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ODE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.4% per year.


Next Steps

Dividend

What is Odeon Film's current dividend yield, its reliability and sustainability?

3.96%

Current Dividend Yield


Dividend Yield vs Market

company4.0%marketbottom25%1.3%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: ODE's dividend (3.96%) is higher than the bottom 25% of dividend payers in the German market (1.32%).

High Dividend: ODE's dividend (3.96%) is in the top 25% of dividend payers in the German market (3.63%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ODE has been paying a dividend for less than 10 years.

Growing Dividend: ODE has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: ODE is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Mischa Hofmann (52yo)

9.8yrs

Tenure

0

Mr. Mischa Hofmann has been the Chief Executive Officer of Odeon Film AG since May 1, 2010 and serves as its Member of Management Board and Managing Director of H&V Entertainment GmbH and Novafilm Fernsehp ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Odeon Film AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Odeon Film AG
  • Ticker: ODE
  • Exchange: DB
  • Founded:
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €11.875m
  • Shares outstanding: 11.76m
  • Website: https://www.odeonfilm.de

Number of Employees


Location

  • Odeon Film AG
  • Hofmannstrasse 25-27
  • Munich
  • Bavaria
  • 81379
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ODEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 1999

Biography

Odeon Film AG operates as an independent television and cinema production company in Germany. It produces and co- produces series and sequels, TV-movies, films, and entertainment programs, as well as feature films, documentaries, diverse shows, and mini-serials. The company is based in Munich, Germany. Odeon Film AG is a subsidiary of Tele-München Fernseh-GmbH & Co Produktionsgesellschaft. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 20:55
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
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.