company background image
TTK

TAKKT XTRA:TTK Stock Report

Last Price

€15.38

Market Cap

€1.0b

7D

-1.8%

1Y

17.6%

Updated

22 May, 2022

Data

Company Financials +
TTK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends3/6

TTK Stock Overview

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States.

TAKKT Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TAKKT
Historical stock prices
Current Share Price€15.38
52 Week High€16.78
52 Week Low€13.00
Beta1.27
1 Month Change-0.90%
3 Month Change1.18%
1 Year Change17.58%
3 Year Change18.67%
5 Year Change-28.96%
Change since IPO130.24%

Recent News & Updates

Shareholder Returns

TTKDE Online RetailDE Market
7D-1.8%3.9%-0.09%
1Y17.6%-63.1%-12.9%

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

Return vs Market: TTK exceeded the German Market which returned -12.9% over the past year.

Price Volatility

Is TTK's price volatile compared to industry and market?
TTK volatility
TTK Average Weekly Movement3.5%
Online Retail Industry Average Movement10.0%
Market Average Movement6.4%
10% most volatile stocks in DE Market10.6%
10% least volatile stocks in DE Market3.5%

Stable Share Price: TTK is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TTK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19452,501Maria Zeschhttps://www.takkt.de

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks, universal cabinets, and swivel chairs, as well as special-purpose products, such as environmental cabinets and containers for hazardous materials under the KAISER+KRAFT brand; and office and business equipment to smaller corporate customers under the Certeo and Büromöbelonline brands.

TAKKT Fundamentals Summary

How do TAKKT's earnings and revenue compare to its market cap?
TTK fundamental statistics
Market Cap€1.01b
Earnings (TTM)€61.53m
Revenue (TTM)€1.24b

16.4x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TTK income statement (TTM)
Revenue€1.24b
Cost of Revenue€747.76m
Gross Profit€494.17m
Other Expenses€432.64m
Earnings€61.53m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)0.94
Gross Margin39.79%
Net Profit Margin4.95%
Debt/Equity Ratio13.7%

How did TTK perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

64%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


42.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TTK (€15.38) is trading below our estimate of fair value (€26.88)

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


Price To Earnings Ratio

PE vs Industry: TTK's PE Ratio (16.4x) is in line with the German Online Retail industry average.

PE vs Market: TTK is good value based on its PE Ratio (16.4x) compared to the German market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: TTK is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: TTK's PB Ratio (1.4x) is in line with the DE Online Retail industry average.


Future Growth

How is TAKKT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TTK's forecast earnings growth (15% per year) is above the savings rate (-0.05%).

Earnings vs Market: TTK's earnings (15% per year) are forecast to grow faster than the German market (7.6% per year).

High Growth Earnings: TTK's earnings are forecast to grow, but not significantly.

Revenue vs Market: TTK's revenue (5.3% per year) is forecast to grow faster than the German market (4.7% per year).

High Growth Revenue: TTK's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TTK's Return on Equity is forecast to be low in 3 years time (10.5%).


Past Performance

How has TAKKT performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-15.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TTK has high quality earnings.

Growing Profit Margin: TTK's current net profit margins (5%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: TTK's earnings have declined by 15% per year over the past 5 years.

Accelerating Growth: TTK's earnings growth over the past year (54.5%) exceeds its 5-year average (-15% per year).

Earnings vs Industry: TTK earnings growth over the past year (54.5%) exceeded the Online Retail industry 0.2%.


Return on Equity

High ROE: TTK's Return on Equity (8.5%) is considered low.


Financial Health

How is TAKKT's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TTK's short term assets (€331.7M) exceed its short term liabilities (€209.4M).

Long Term Liabilities: TTK's short term assets (€331.7M) exceed its long term liabilities (€209.0M).


Debt to Equity History and Analysis

Debt Level: TTK's net debt to equity ratio (13.2%) is considered satisfactory.

Reducing Debt: TTK's debt to equity ratio has reduced from 22.2% to 13.7% over the past 5 years.

Debt Coverage: TTK's debt is well covered by operating cash flow (46.1%).

Interest Coverage: TTK's interest payments on its debt are well covered by EBIT (24.4x coverage).


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.90%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TTK's dividend (3.9%) is higher than the bottom 25% of dividend payers in the German market (1.4%).

High Dividend: TTK's dividend (3.9%) is low compared to the top 25% of dividend payers in the German market (4.31%).


Stability and Growth of Payments

Stable Dividend: TTK's dividend payments have been volatile in the past 10 years.

Growing Dividend: TTK's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64%), TTK's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (145.4%), TTK's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

8.8yrs

Average board tenure


CEO

Maria Zesch (48 yo)

0.75

Tenure

€540,000

Compensation

Ms. Maria Zesch serves as Director of T-Mobile Czech Republic a.s. She is CEO & Chairman of the Management Board of TAKKT AG Since August 01, 2021. She joined the TAKKT AG on August 01, 2021.She is Member...


CEO Compensation Analysis

Compensation vs Market: Maria's total compensation ($USD569.68K) is below average for companies of similar size in the German market ($USD1.32M).

Compensation vs Earnings: Insufficient data to compare Maria's compensation with company performance.


Board Members

Experienced Board: TTK's board of directors are considered experienced (8.8 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

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


Key Information

  • Name: TAKKT AG
  • Ticker: TTK
  • Exchange: XTRA
  • Founded: 1945
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: €1.009b
  • Shares outstanding: 65.61m
  • Website: https://www.takkt.de

Number of Employees


Location

  • TAKKT AG
  • Presselstrasse 12
  • Stuttgart
  • Baden-Württemberg
  • 70191
  • 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
Earnings2022/03/31
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.