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LUDWIG BECK am Rathauseck - Textilhaus Feldmeier

Executive Summary

LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG engages in the fashion retail business in Germany.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has LUDWIG BECK am Rathauseck - Textilhaus Feldmeier's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ECK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.8%

ECK

3.6%

DE Multiline Retail

2.2%

DE Market


1 Year Return

-14.4%

ECK

-8.3%

DE Multiline Retail

5.6%

DE Market

Return vs Industry: ECK underperformed the German Multiline Retail industry which returned -11.3% over the past year.

Return vs Market: ECK underperformed the German Market which returned 3.4% over the past year.


Shareholder returns

ECKIndustryMarket
7 Day-5.8%3.6%2.2%
30 Day-1.5%3.6%7.3%
90 Day0.8%24.9%22.1%
1 Year-14.4%-14.4%-5.9%-8.3%7.9%5.6%
3 Year-9.1%-11.1%0.8%-11.4%4.5%-3.8%
5 Year-19.9%-25.1%-31.7%-45.6%12.5%-2.7%

Price Volatility Vs. Market

How volatile is LUDWIG BECK am Rathauseck - Textilhaus Feldmeier's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LUDWIG BECK am Rathauseck - Textilhaus Feldmeier undervalued compared to its fair value and its price relative to the market?

24.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ECK (€26.2) is trading below our estimate of fair value (€34.55)

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


Price To Earnings Ratio

PE vs Industry: ECK is poor value based on its PE Ratio (40x) compared to the XE Multiline Retail industry average (27.4x).

PE vs Market: ECK is poor value based on its PE Ratio (40x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: ECK is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: ECK is good value based on its PB Ratio (1.6x) compared to the XE Multiline Retail industry average (3.1x).


Next Steps

Future Growth

How is LUDWIG BECK am Rathauseck - Textilhaus Feldmeier forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ECK's forecast earnings growth (25.8% per year) is above the savings rate (0.2%).

Earnings vs Market: ECK's earnings (25.8% per year) are forecast to grow faster than the German market (22.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ECK's revenue (3.8% per year) is forecast to grow slower than the German market (6% per year).

High Growth Revenue: ECK's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ECK's Return on Equity is forecast to be low in 3 years time (8%).


Next Steps

Past Performance

How has LUDWIG BECK am Rathauseck - Textilhaus Feldmeier performed over the past 5 years?

-42.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ECK has high quality earnings.

Growing Profit Margin: ECK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ECK's earnings have declined by 42.7% per year over the past 5 years.

Accelerating Growth: ECK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ECK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Multiline Retail industry (7.6%).


Return on Equity

High ROE: ECK's Return on Equity (4%) is considered low.


Next Steps

Financial Health

How is LUDWIG BECK am Rathauseck - Textilhaus Feldmeier's financial position?


Financial Position Analysis

Short Term Liabilities: ECK's short term assets (€21.9M) do not cover its short term liabilities (€30.0M).

Long Term Liabilities: ECK's short term assets (€21.9M) do not cover its long term liabilities (€92.4M).


Debt to Equity History and Analysis

Debt Level: ECK's debt to equity ratio (94.1%) is considered high.

Reducing Debt: ECK's debt to equity ratio has increased from 56.5% to 94.1% over the past 5 years.

Debt Coverage: ECK's debt is not well covered by operating cash flow (13.9%).

Interest Coverage: ECK's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Next Steps

Dividend

What is LUDWIG BECK am Rathauseck - Textilhaus Feldmeier current dividend yield, its reliability and sustainability?

3.05%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ECK'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 ECK's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: ECK is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ECK's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.7yrs

Average board tenure


CEO

Christian Greiner (41yo)

0.83

Tenure

€625,000

Compensation

Mr. Christian Greiner has been Chairman of the Executive Board and Board Member of Human Resources, Purchasing, Sales & Marketing of LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG (also known as LUDWI ...


CEO Compensation Analysis

Compensation vs Market: Christian's total compensation ($USD713.63K) is above average for companies of similar size in the German market ($USD468.11K).

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


Board Members

NamePositionTenureCompensationOwnership
Bruno Sälzer
Independent Member of Supervisory Board2.17yrs€28.00kno data
Steffen Stremme
Chairman of Supervisory Board5.17yrs€58.00kno data
Michael Neumaier
Employee Representative Member of Supervisory Board7.17yrs€25.00kno data
Clarissa Käfer
Independent Member of Supervisory Board5.17yrs€33.00kno data
Sandra Pabst
Vice Chairwoman of the Supervisory Board2.17yrs€40.00kno data
Michael Eckhoff
Employee Representative Member of Supervisory Board0.92yr€10.00kno data

3.7yrs

Average Tenure

Experienced Board: ECK's board of directors are considered experienced (3.7 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

LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG
  • Ticker: ECK
  • Exchange: XTRA
  • Founded: 1861
  • Industry: Department Stores
  • Sector: Retail
  • Market Cap: €96.809m
  • Shares outstanding: 3.70m
  • Website: https://www.ludwigbeck.de

Number of Employees


Location

  • LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG
  • Marienplatz 11
  • Munich
  • Bavaria
  • 80331
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ECKDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1998
ECKXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURMay 1998
0N99LSE (London Stock Exchange)YesOrdinary SharesGBEURMay 1998

Biography

LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG engages in the fashion retail business in Germany. The company operates its principal store at Marienplatz in Munich. It provides textile goods, as well as non-textile goods, such as cosmetics, sound recordings, and paper products. The company operates its business under the LUDWIG BECK brand name. It also offers a range of cosmetics through ludwigbeck.de, an online portal. The company was founded in 1861 and is based in Munich, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/15 20:59
End of Day Share Price2020/07/15 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.