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BasicNet

DB:BCJ
Snowflake Description

Excellent balance sheet with proven track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BCJ
DB
€309M
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

BasicNet S.p.A., together with its subsidiaries, operates in the sports and casual clothing, footwear, and accessories sectors in Europe, the Americas, Asia, Oceania, the Middle East, and Africa. The last earnings update was 19 days ago. More info.


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BCJ Share Price and Events
7 Day Returns
6.9%
DB:BCJ
3.5%
DE Specialty Retail
2.3%
DE Market
1 Year Returns
47.9%
DB:BCJ
-24.9%
DE Specialty Retail
-7.2%
DE Market
BCJ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BasicNet (BCJ) 6.9% 1.3% 32.5% 47.9% 52.3% 139.9%
DE Specialty Retail 3.5% 2.7% 15.4% -24.9% -54% -52.3%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • BCJ outperformed the Specialty Retail industry which returned -24.9% over the past year.
  • BCJ outperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
BCJ
Industry
5yr Volatility vs Market
Related Companies

BCJ Value

 Is BasicNet 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 BasicNet 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 BasicNet.

DB:BCJ 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 9.3%
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:BCJ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.869 (1 + (1- 24%) (19.96%))
1
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1 * 9.02%)
9.25%

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

The calculations below outline how an intrinsic value for BasicNet 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:BCJ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.25%)
2019 16.56 Est @ 55.66% 15.16
2020 23.03 Est @ 39.03% 19.29
2021 29.34 Est @ 27.39% 22.50
2022 34.98 Est @ 19.24% 24.56
2023 39.72 Est @ 13.54% 25.52
2024 43.51 Est @ 9.54% 25.59
2025 46.44 Est @ 6.75% 25.00
2026 48.67 Est @ 4.79% 23.98
2027 50.34 Est @ 3.42% 22.70
2028 51.58 Est @ 2.46% 21.29
Present value of next 10 years cash flows €225.59
DB:BCJ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €51.58 × (1 + 0.23%) ÷ (9.25% – 0.23%)
€572.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €572.94 ÷ (1 + 9.25%)10
€236.52
DB:BCJ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €225.59 + €236.52
€462.12
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €462.12 / 53.99
€8.56
DB:BCJ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:BCJ represents 0.97033x of BIT:BAN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97033x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 8.56 x 0.97033
€8.31
Value per share (EUR) From above. €8.31
Current discount Discount to share price of €5.56
= -1 x (€5.56 - €8.31) / €8.31
33.1%

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

Current Discount
Amount off the current price BasicNet is available for.
Intrinsic value
33%
Share price is €5.56 vs Future cash flow value of €8.31
Current Discount Checks
For BasicNet to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • BasicNet's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • BasicNet's share price is below the future cash flow value, but not 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 BasicNet's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BasicNet's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BCJ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.40
BIT:BAN Share Price ** BIT (2019-04-17) in EUR €5.73
Germany Specialty Retail Industry PE Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 12.43x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.43x

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

** Primary Listing of BasicNet.

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

= BIT:BAN Share Price ÷ EPS (both in EUR)

= 5.73 ÷ 0.40

14.15x

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

  • BasicNet is overvalued based on earnings compared to the DE Specialty Retail industry average.
  • BasicNet is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does BasicNet's expected growth come at a high price?
Raw Data
DB:BCJ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Specialty Retail Industry PEG Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 0.82x
Germany Market PEG Ratio Median Figure of 272 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 BasicNet, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BasicNet's assets?
Raw Data
DB:BCJ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €2.09
BIT:BAN Share Price * BIT (2019-04-17) in EUR €5.73
Germany Specialty Retail Industry PB Ratio Median Figure of 6 Publicly-Listed Specialty Retail Companies 0.61x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:BCJ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:BAN Share Price ÷ Book Value per Share (both in EUR)

= 5.73 ÷ 2.09

2.74x

* Primary Listing of BasicNet.

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

  • BasicNet is overvalued based on assets compared to the DE Specialty Retail industry average.
X
Value checks
We assess BasicNet'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 Specialty Retail 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 Specialty Retail industry average (and greater than 0)? (1 check)
  5. BasicNet 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.

BCJ Future Performance

 How is BasicNet 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
3.5%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is BasicNet expected to grow at an attractive rate?
  • BasicNet's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • BasicNet's earnings growth is positive but not above the Germany market average.
  • BasicNet's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:BCJ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BCJ Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.5%
DB:BCJ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 21.1%
Germany Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 14.6%
Germany Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
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:BCJ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:BCJ Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 244 1
2019-12-31 228 1
DB:BCJ Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 156 22 21
2018-09-30 149 19 17
2018-06-30 143 17 14
2018-03-31 139 14 12
2017-12-31 136 12 11
2017-09-30 134 11 10
2017-06-30 132 10 9
2017-03-31 134 11 10
2016-12-31 135 12 10
2016-09-30 131 10
2016-06-30 133 11 13
2016-03-31 127 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BasicNet's earnings are expected to grow by 3.5% yearly, however this is not considered high growth (20% yearly).
  • BasicNet's revenue is expected to grow significantly at over 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:BCJ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from BasicNet Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BCJ Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.43 0.43 0.43 1.00
2019-12-31 0.39 0.39 0.39 1.00
DB:BCJ Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.40
2018-09-30 0.32
2018-06-30 0.25
2018-03-31 0.22
2017-12-31 0.19
2017-09-30 0.17
2017-06-30 0.16
2017-03-31 0.17
2016-12-31 0.18
2016-09-30 0.18
2016-06-30 0.23
2016-03-31 0.21

*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.
  • BasicNet is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess BasicNet'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.
BasicNet has a total score of 3/6, 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.

BCJ Past Performance

  How has BasicNet 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 BasicNet's growth in the last year to its industry (Specialty Retail).
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.
  • BasicNet's year on year earnings growth rate has been positive over the past 5 years.
  • BasicNet's 1-year earnings growth exceeds its 5-year average (97.4% vs 10.7%)
  • BasicNet's earnings growth has exceeded the DE Specialty Retail industry average in the past year (97.4% vs -22.6%).
Earnings and Revenue History
BasicNet'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 BasicNet Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BCJ Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 155.62 21.01 88.93
2018-09-30 149.08 17.34 86.27
2018-06-30 142.55 13.67 83.61
2018-03-31 139.07 12.16 83.31
2017-12-31 135.58 10.65 83.02
2017-09-30 133.89 9.67 82.70
2017-06-30 132.19 8.70 82.37
2017-03-31 133.69 9.50 81.89
2016-12-31 135.18 10.31 81.41
2016-09-30 130.58 10.16 79.50
2016-06-30 133.12 12.75 77.75
2016-03-31 126.66 11.74 75.43
2015-12-31 133.94 16.76 73.29
2015-09-30 128.33 15.97 70.84
2015-06-30 124.69 15.51 68.97
2015-03-31 124.35 14.58 68.14
2014-12-31 120.51 12.44 66.33
2014-09-30 120.45 10.75 67.82
2014-06-30 114.13 8.12 68.76
2014-03-31 111.22 3.81 69.96
2013-12-31 111.70 4.50 72.58
2013-09-30 108.29 -14.91 73.31
2013-06-30 110.39 -16.14 73.26
2013-03-31 112.07 -12.82 74.06
2012-12-31 110.03 -17.17 73.87
2012-09-30 113.48 4.30 72.74
2012-06-30 114.25 5.83 71.20

*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.
  • BasicNet has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BasicNet used its assets more efficiently than the DE Specialty Retail industry average last year based on Return on Assets.
  • BasicNet's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BasicNet'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 Specialty Retail 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.
BasicNet has a total score of 4/6, 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.

BCJ Health

 How is BasicNet'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 BasicNet's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BasicNet is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BasicNet's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BasicNet'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
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 BasicNet Company Filings, last reported 3 months ago.

DB:BCJ Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 112.94 61.73 9.62
2018-09-30 112.94 61.73 9.62
2018-06-30 99.86 62.15 4.35
2018-03-31 99.86 62.15 4.35
2017-12-31 97.01 68.90 5.82
2017-09-30 97.01 68.90 5.82
2017-06-30 92.34 56.12 4.48
2017-03-31 92.34 56.12 4.48
2016-12-31 94.88 56.22 5.71
2016-09-30 94.88 56.22 5.71
2016-06-30 89.31 52.02 4.37
2016-03-31 89.31 52.02 4.37
2015-12-31 92.51 53.83 6.97
2015-09-30 89.83 52.53 4.58
2015-06-30 86.12 49.73 4.44
2015-03-31 89.34 49.05 4.48
2014-12-31 80.71 51.23 4.01
2014-09-30 79.55 52.76 3.48
2014-06-30 73.32 54.69 4.80
2014-03-31 72.83 58.67 4.54
2013-12-31 67.62 61.65 6.49
2013-09-30 67.42 61.40 3.69
2013-06-30 65.78 66.16 5.47
2013-03-31 69.89 70.31 5.24
2012-12-31 62.83 66.24 2.28
2012-09-30 82.90 67.41 3.37
2012-06-30 82.79 76.52 2.54
  • BasicNet's level of debt (54.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (91% vs 54.7% today).
  • Debt is well covered by operating cash flow (35.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 26.1x coverage).
X
Financial health checks
We assess BasicNet'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. BasicNet has a total score of 5/6, 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.

BCJ Dividends

 What is BasicNet'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
2.09%
Current annual income from BasicNet dividends. Estimated to be 1.48% next year.
If you bought €2,000 of BasicNet shares you are expected to receive €42 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?
  • BasicNet's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • BasicNet's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Upcoming dividend payment

Purchase BasicNet before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:BCJ 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
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 63 Stocks 3.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
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:BCJ Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.09 1.00
2019-12-31 0.08 1.00
DB:BCJ Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-29 0.120 2.193
2018-04-04 0.060 1.398
2018-03-19 0.060 1.627
2017-04-06 0.060 1.620
2016-04-07 0.100 3.049
2016-03-18 0.100 2.448
2015-04-07 0.070 1.799
2015-03-23 0.070 2.501
2014-10-31 0.000 0.000
2014-10-15 0.000 0.000
2014-08-05 0.000 0.000
2014-07-15 0.000 0.000
2014-04-28 0.000 0.000
2014-04-07 0.000 0.000
2012-07-31 0.050 2.975
2012-04-10 0.050 2.381
2012-03-22 0.050 2.258
2011-04-29 0.050 2.268
2011-03-23 0.050 1.920
2010-03-30 0.165 5.892
2009-04-20 0.100 5.647

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of BasicNet's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
X
Income/ dividend checks
We assess BasicNet'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 BasicNet afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BasicNet has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BCJ Management

 What is the CEO of BasicNet'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.
CEO
Gianni Crespi
COMPENSATION €79,108
AGE 59
CEO Bio

Mr. Giovanni Crespi, also known as Gianni, serves as the Chief Executive Officer of BasicNet S.p.A. Mr. Crespi served as Chairman and Chief Executive Officer of Rhiag Group since 2008. He served as President of Rodale International Ltd. from 2003 to October 6, 2006. He served as President of International at Rodale Inc. until October 6, 2006. He served as Chief Executive Officer and General Manager of Istituto Geografico De Agostini S.p.A. from 1999 to 2003. He served as Chief Executive Officer of UTET S.p.A. He served as Chief Executive Officer of other subsidiaries forming part of the DeA Group from 1999 to 2003. He served as Managing Director, Deputy Chairman and General Manager of The Walt Disney Company S.p.A from 1991 to 1999. He served as General Manager of Eurolibri S.r.l. at Rusconi Editore S.p.A. from 1990 to 1991. Mr. Crespi was In-charge Editor of ETAS Libri and General Manager Assistant for New Media and Business Development at Gruppo Editoriale Fabbri, Bompiani, Sonzogno, Etas S.p.A from 1986 to 1990. He served as Marketing & Sales Manager of Coneditor S.r.l. (bookshop national circuit) from 1983 to 1986. He worked at CLUED S.c.r.l. Libreria Universitaria 1978 to 1983. He served as Vice Chairman of BasicNet S.p.A. since October 28, 2015. He has been a Director of BasicNet S.p.A. since May 2007. He served as a Director of NatMag Rodale Limited. He served as Director of UNOPiù S.p.A. since 2012, HHT S.p.A. since 2010, BasicItalia S.p.A. since 2010 and Sirti S.p.A. since 2010. He served as Independent Director of Innovest S.p.A. since 2006. He knows English, German and Spanish languages. Mr. Crespi gained G.C.E. A levels in classical studies at Liceo Parini Milan in 1978 (60/60 with a distinction). He graduated from University College Milan with a distinction in Political Science in 1983 (110/100 with a distinction).

CEO Compensation
  • Gianni's compensation has increased by more than 20% in the past year.
  • Gianni's remuneration is lower than average for companies of similar size in Germany.
Management Team

Gianni Crespi

TITLE
CEO & Director
COMPENSATION
€79K
AGE
59

Paolo Cafasso

TITLE
Group CFO & Executive Director
COMPENSATION
€174K
AGE
62
TENURE
24.3 yrs

Paola Bruschi

TITLE
Head of Internal Auditing
COMPENSATION
€172K
AGE
51
Board of Directors Tenure

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

11.9
Average Tenure
61.5
Average Age
  • The average tenure for the BasicNet board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Marco Boglione

TITLE
Chairman
COMPENSATION
€2M
AGE
62

Gianni Crespi

TITLE
CEO & Director
COMPENSATION
€79K
AGE
59
TENURE
11.9 yrs

Daniela Ovazza

TITLE
Non-Executive Vice Chairperson
COMPENSATION
€25K
AGE
62
TENURE
3.5 yrs

Paolo Cafasso

TITLE
Group CFO & Executive Director
COMPENSATION
€174K
AGE
62
TENURE
20.3 yrs

Paola Bruschi

TITLE
Head of Internal Auditing
COMPENSATION
€172K
AGE
51
TENURE
11.9 yrs

Carlo Pavesio

TITLE
Non-Executive Director
COMPENSATION
€25K
AGE
62
TENURE
25.3 yrs

Renate Hendlmeier

TITLE
Independent Director
COMPENSATION
€5K
AGE
61
TENURE
3.5 yrs

Maria Talamonti

TITLE
Chairman of Board of Statutory Auditors
AGE
40

Franco Spalla

TITLE
Director
COMPENSATION
€788K
AGE
66
TENURE
18.2 yrs

Adriano Marconetto

TITLE
Independent Director
COMPENSATION
€30K
AGE
57
TENURE
11.9 yrs
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 BasicNet'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. BasicNet 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.

BCJ News

Simply Wall St News

BCJ Company Info

Description

BasicNet S.p.A., together with its subsidiaries, operates in the sports and casual clothing, footwear, and accessories sectors in Europe, the Americas, Asia, Oceania, the Middle East, and Africa. It operates in three segments: License and Brand Management, Proprietary Licensee, and Property Management. The company is involved in the development of the value of the brands, as well as the distribution of products through a network of independent licensees. Its brand portfolio includes the Kappa, Robe di Kappa, Jesus Jeans, K-Way, Superga, Sabelt, Briko, and Sebago. The company also engages in the management of the basic village building located in Turin. BasicNet S.p.A. is headquartered in Turin, Italy.

Details
Name: BasicNet S.p.A.
BCJ
Exchange: DB
Founded:
€309,349,979
53,987,780
Website: http://www.basic.net
Address: BasicNet S.p.A.
Largo Maurizio Vitale 1,
Turin,
Turin, 10152,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT BAN Ordinary Shares Borsa Italiana IT EUR 17. Nov 1999
DB BCJ Ordinary Shares Deutsche Boerse AG DE EUR 17. Nov 1999
LSE 0N6O Ordinary Shares London Stock Exchange GB EUR 17. Nov 1999
BATS-CHIXE BANM Ordinary Shares BATS 'Chi-X Europe' GB EUR 17. Nov 1999
Number of employees
Current staff
Staff numbers
549
BasicNet employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 22:18
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2019/03/29
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.