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ART

artnet XTRA:ART Stock Report

Last Price

€6.72

Market Cap

€37.8m

7D

6.3%

1Y

-32.8%

Updated

22 May, 2022

Data

Company Financials
ART fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ART Stock Overview

artnet AG, through its subsidiary, Artnet Worldwide Corporation, operates an online resource for the international art market worldwide.

artnet Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for artnet
Historical stock prices
Current Share Price€6.72
52 Week High€12.70
52 Week Low€4.66
Beta1.66
1 Month Change-0.30%
3 Month Change-20.47%
1 Year Change-32.80%
3 Year Change83.61%
5 Year Change98.23%
Change since IPO60.00%

Recent News & Updates

Dec 16
Here's Why We Think artnet AG's (ETR:ART) CEO Compensation Looks Fair for the time being

Here's Why We Think artnet AG's (ETR:ART) CEO Compensation Looks Fair for the time being

Performance at artnet AG ( ETR:ART ) has been reasonably good and CEO Jacob Pabst has done a decent job of steering the...

Sep 22
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For artnet AG's (ETR:ART) CEO For Now

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For artnet AG's (ETR:ART) CEO For Now

Performance at artnet AG ( ETR:ART ) has been reasonably good and CEO Jacob Pabst has done a decent job of steering the...

Shareholder Returns

ARTDE Online RetailDE Market
7D6.3%3.9%-0.09%
1Y-32.8%-63.1%-12.9%

Return vs Industry: ART exceeded the German Online Retail industry which returned -63.1% over the past year.

Return vs Market: ART underperformed the German Market which returned -12.9% over the past year.

Price Volatility

Is ART's price volatile compared to industry and market?
ART volatility
ART Average Weekly Movement11.1%
Online Retail Industry Average Movement10.1%
Market Average Movement6.3%
10% most volatile stocks in DE Market10.6%
10% least volatile stocks in DE Market3.5%

Stable Share Price: ART is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ART's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
1989130Jacob Pabsthttps://www.artnet.com

artnet AG, through its subsidiary, Artnet Worldwide Corporation, operates an online resource for the international art market worldwide. It operates through three segments: Data, Marketplace, and Media. The company presents artworks from member galleries and partner auction houses online, including approximately 1,100 galleries presenting approximately 250,000 artworks by approximately 23,000 artists internationally.

artnet Fundamentals Summary

How do artnet's earnings and revenue compare to its market cap?
ART fundamental statistics
Market Cap€37.82m
Earnings (TTM)-€795.90k
Revenue (TTM)€20.89m

1.8x

P/S Ratio

-47.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ART income statement (TTM)
Revenue€20.89m
Cost of Revenue€8.74m
Gross Profit€12.15m
Other Expenses€12.94m
Earnings-€795.90k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin58.16%
Net Profit Margin-3.81%
Debt/Equity Ratio0%

How did ART perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


8.59x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ART's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ART's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: ART is unprofitable, so we can't compare its PE Ratio to the German Online Retail industry average.

PE vs Market: ART 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 ART's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ART is overvalued based on its PB Ratio (8.6x) compared to the DE Online Retail industry average (1.3x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.7%

Forecasted Retail 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 artnet 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.


Past Performance

How has artnet performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-6.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ART is currently unprofitable.

Growing Profit Margin: ART is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ART is unprofitable, and losses have increased over the past 5 years at a rate of 6.3% per year.

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

Earnings vs Industry: ART is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (0.2%).


Return on Equity

High ROE: ART has a negative Return on Equity (-18.08%), as it is currently unprofitable.


Financial Health

How is artnet's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ART's short term assets (€3.8M) do not cover its short term liabilities (€6.1M).

Long Term Liabilities: ART's short term assets (€3.8M) exceed its long term liabilities (€309.0K).


Debt to Equity History and Analysis

Debt Level: ART is debt free.

Reducing Debt: ART has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.

Debt Coverage: ART has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ART has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is artnet current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ART has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.6yrs

Average management tenure


CEO

Jacob Pabst (48 yo)

9.83yrs

Tenure

€386,000

Compensation

Mr. Jacob Pabst has been the Chairman of Management Board and Chief Executive Officer at Artnet AG since July 1, 2012. Mr. Pabst has also been the Chief Executive Officer of Artnet Worldwide Corporation si...


CEO Compensation Analysis

Compensation vs Market: Jacob's total compensation ($USD407.22K) is about average for companies of similar size in the German market ($USD404.30K).

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


Leadership Team

Experienced Management: ART's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: ART's board of directors are considered experienced (3.8 years average tenure).


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

artnet AG's employee growth, exchange listings and data sources


Key Information

  • Name: artnet AG
  • Ticker: ART
  • Exchange: XTRA
  • Founded: 1989
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: €37.820m
  • Shares outstanding: 5.63m
  • Website: https://www.artnet.com

Number of Employees


Location

  • artnet AG
  • Oranienstrasse 164
  • Berlin
  • Berlin
  • 10969
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/20 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.