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AS Silvano Fashion Group

DB:FQE
Snowflake Description

Outstanding track record with flawless balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FQE
DB
€92M
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

AS Silvano Fashion Group designs, manufactures, distributes, and retails women’s lingerie. The last earnings update was 103 days ago. More info.


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FQE Share Price and Events
7 Day Returns
0.4%
DB:FQE
2.1%
DE Specialty Retail
1.2%
DE Market
1 Year Returns
-
DB:FQE
-30.6%
DE Specialty Retail
-11.2%
DE Market
FQE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AS Silvano Fashion Group (FQE) 0.4% -2.7% 9.6% - - -
DE Specialty Retail 2.1% 7.9% 6% -30.6% -46.6% -53%
DE Market 1.2% 2.7% 1.7% -11.2% 12% 6.1%
1 Year Return vs Industry and Market
  • No trading data on FQE.
  • No trading data on FQE.
Price Volatility
FQE
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for AS Silvano Fashion Group's competitors could be found in our database.

FQE Value

 Is AS Silvano Fashion Group 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 AS Silvano Fashion Group 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    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for AS Silvano Fashion Group.

DB:FQE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8%
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:FQE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9.8%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.61
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.615 (1 + (1- 20%) (0%))
0.615
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 9.77%)
8.05%

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

The calculations below outline how an intrinsic value for AS Silvano Fashion Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:FQE DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (EUR, Millions) 9.40 8.70 7.22 6.00 5.04
Source Analyst x1 Analyst x1 Est @ -16.96% Est @ -16.96% Est @ -16%, capped from -16.96%
Present Value
Discounted (@ 8.05%)
8.70 7.45 5.73 4.40 3.42
Present value of next 5 years cash flows €29.71
DB:FQE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= €5.04 × (1 + 0.23%) ÷ (8.05% – 0.23%)
€64.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= €64.61 ÷ (1 + 8.05%)5
€43.88
DB:FQE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= €29.71 + €43.88
€73.59
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €73.59 / 36.00
€1.97
DB:FQE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FQE represents 0.96431x of TLSE:SFG1T
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.96431x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 2.04 x 0.96431
€1.97
Value per share (EUR) From above. €1.97
Current discount Discount to share price of €2.46
= -1 x (€2.46 - €1.97) / €1.97
-24.7%

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

  • The current share price of AS Silvano Fashion Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 AS Silvano Fashion Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AS Silvano Fashion Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FQE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €0.32
TLSE:SFG1T Share Price ** TLSE (2019-02-22) in EUR €2.55
Germany Specialty Retail Industry PE Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 12.23x
Germany Market PE Ratio Median Figure of 420 Publicly-Listed Companies 18.04x

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

** Primary Listing of AS Silvano Fashion Group.

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

= TLSE:SFG1T Share Price ÷ EPS (both in EUR)

= 2.55 ÷ 0.32

7.97x

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

  • AS Silvano Fashion Group is good value based on earnings compared to the DE Specialty Retail industry average.
  • AS Silvano Fashion Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does AS Silvano Fashion Group's expected growth come at a high price?
Raw Data
DB:FQE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-0.3%per year
Germany Specialty Retail Industry PEG Ratio Median Figure of 5 Publicly-Listed Specialty Retail Companies 1.22x
Germany Market PEG Ratio Median Figure of 277 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

DB:FQE PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.97x ÷ -0.3%

-27.11x

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

  • AS Silvano Fashion Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AS Silvano Fashion Group's assets?
Raw Data
DB:FQE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €0.92
TLSE:SFG1T Share Price * TLSE (2019-02-22) in EUR €2.55
Germany Specialty Retail Industry PB Ratio Median Figure of 6 Publicly-Listed Specialty Retail Companies 0.69x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.78x
DB:FQE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TLSE:SFG1T Share Price ÷ Book Value per Share (both in EUR)

= 2.55 ÷ 0.92

2.78x

* Primary Listing of AS Silvano Fashion Group.

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

  • AS Silvano Fashion Group is overvalued based on assets compared to the DE Specialty Retail industry average.
X
Value checks
We assess AS Silvano Fashion Group'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. AS Silvano Fashion Group 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.

FQE Future Performance

 How is AS Silvano Fashion Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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
-0.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AS Silvano Fashion Group expected to grow at an attractive rate?
  • AS Silvano Fashion Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • AS Silvano Fashion Group's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • AS Silvano Fashion Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FQE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FQE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -0.3%
DB:FQE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 6.3%
Germany Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 14%
Germany Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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:FQE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FQE Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 71 11 11 2
2019-12-31 67 11 11 2
2018-12-31 62 16 10 1
DB:FQE Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 62 10 11
2018-06-30 63 12 13
2018-03-31 64 11 15
2017-12-31 62 9 11
2017-09-30 62 9 8
2017-06-30 60 9 8
2017-03-31 59 13 6
2016-12-31 58 13 8
2016-09-30 59 15 11
2016-06-30 61 17 13
2016-03-31 66 18 12
2015-12-31 65 16 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AS Silvano Fashion Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • AS Silvano Fashion Group's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (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:FQE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from AS Silvano Fashion Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FQE Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.30 0.38 0.22 2.00
2019-12-31 0.30 0.35 0.25 2.00
2018-12-31 0.28 0.28 0.28 1.00
DB:FQE Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 0.32
2018-06-30 0.37
2018-03-31 0.40
2017-12-31 0.30
2017-09-30 0.23
2017-06-30 0.21
2017-03-31 0.17
2016-12-31 0.22
2016-09-30 0.29
2016-06-30 0.35
2016-03-31 0.33
2015-12-31 0.26

*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.
  • AS Silvano Fashion Group is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess AS Silvano Fashion Group'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.
AS Silvano Fashion Group has a total score of 2/6, 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.

FQE Past Performance

  How has AS Silvano Fashion Group 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 AS Silvano Fashion Group'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.
  • AS Silvano Fashion Group's year on year earnings growth rate has been positive over the past 5 years.
  • AS Silvano Fashion Group's 1-year earnings growth exceeds its 5-year average (35.4% vs 3.8%)
  • AS Silvano Fashion Group's earnings growth has exceeded the Europe Specialty Retail industry average in the past year (35.4% vs -7.2%).
Earnings and Revenue History
AS Silvano Fashion Group'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 AS Silvano Fashion Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FQE Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 62.12 11.46 16.28
2018-06-30 63.07 13.14 16.35
2018-03-31 63.96 14.56 16.87
2017-12-31 62.35 10.91 17.02
2017-09-30 62.32 8.47 16.98
2017-06-30 60.11 7.72 16.46
2017-03-31 59.08 6.16 15.25
2016-12-31 57.89 8.27 14.24
2016-09-30 59.03 10.90 13.75
2016-06-30 61.35 12.92 13.97
2016-03-31 65.54 12.37 14.63
2015-12-31 65.25 9.69 15.53
2015-09-30 65.60 8.57 16.54
2015-06-30 80.71 6.83 20.05
2015-03-31 86.85 6.69 21.53
2014-12-31 100.87 9.10 23.06
2014-09-30 110.01 8.67 25.63
2014-06-30 107.39 8.36 23.58
2014-03-31 116.72 9.31 23.97
2013-12-31 121.68 10.95 24.31
2013-09-30 124.42 12.38 23.85
2013-06-30 126.97 12.11 23.26
2013-03-31 126.49 12.35 23.42
2012-12-31 123.52 14.15 22.44
2012-09-30 114.92 6.35 20.01
2012-06-30 112.87 10.44 19.57
2012-03-31 107.19 21.75 17.60

*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.
  • AS Silvano Fashion Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • AS Silvano Fashion Group used its assets more efficiently than the DE Specialty Retail industry average last year based on Return on Assets.
  • AS Silvano Fashion Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess AS Silvano Fashion Group'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.
AS Silvano Fashion Group has a total score of 6/6, 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.

FQE Health

 How is AS Silvano Fashion Group'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 AS Silvano Fashion Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AS Silvano Fashion Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AS Silvano Fashion Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AS Silvano Fashion Group'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.
  • AS Silvano Fashion Group has no debt, it does not need to be covered by short term assets.
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 AS Silvano Fashion Group Company Filings, last reported 4 months ago.

DB:FQE Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 36.34 0.00 13.10
2018-06-30 34.18 0.00 17.59
2018-03-31 36.52 0.00 15.16
2017-12-31 43.94 0.00 21.23
2017-09-30 42.23 0.00 22.09
2017-06-30 40.08 0.00 24.93
2017-03-31 46.96 0.00 23.12
2016-12-31 47.36 0.00 22.30
2016-09-30 47.57 0.00 26.10
2016-06-30 44.41 0.00 28.55
2016-03-31 44.59 0.00 22.98
2015-12-31 43.98 0.00 21.27
2015-09-30 43.41 0.00 20.06
2015-06-30 44.78 0.00 19.36
2015-03-31 46.43 0.00 12.25
2014-12-31 54.02 0.00 13.31
2014-09-30 67.38 0.00 22.37
2014-06-30 63.68 0.07 17.52
2014-03-31 62.54 0.09 15.92
2013-12-31 62.86 0.08 19.17
2013-09-30 68.17 0.15 24.71
2013-06-30 66.95 0.14 20.41
2013-03-31 68.44 0.06 17.80
2012-12-31 61.45 0.05 16.26
2012-09-30 59.02 0.06 17.94
2012-06-30 57.66 0.03 21.86
2012-03-31 59.91 0.09 14.15
  • AS Silvano Fashion Group has no debt.
  • AS Silvano Fashion Group has no debt compared to 5 years ago when it was 0.2%.
  • AS Silvano Fashion Group has no debt, it does not need to be covered by operating cash flow.
  • AS Silvano Fashion Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess AS Silvano Fashion Group'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. AS Silvano Fashion Group has a total score of 6/6, 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.

FQE Dividends

 What is AS Silvano Fashion Group'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
19.61%
Current annual income from AS Silvano Fashion Group dividends. Estimated to be 9.8% next year.
If you bought €2,000 of AS Silvano Fashion Group shares you are expected to receive €392 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?
  • AS Silvano Fashion Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.54%).
  • AS Silvano Fashion Group's dividend is above the markets top 25% of dividend payers in Germany (3.93%).
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:FQE 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 2 Analyst Estimates (S&P Global) See Below
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 62 Stocks 3.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 332 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FQE Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.25 2.00
2019-12-31 0.25 2.00
2018-12-31 0.20 1.00
DB:FQE Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-06-28 0.500 19.461
2017-06-05 0.200 7.229
2016-07-29 0.150 5.886
2016-06-06 0.150 7.540
2015-08-07 0.100 7.252
2015-06-04 0.100 7.527
2014-11-11 0.200 14.513
2014-08-01 0.100 5.844
2014-06-05 0.100 5.150
2013-11-08 0.100 4.440
2013-08-13 0.100 3.914
2013-04-30 0.100 3.847
2012-08-24 0.250 8.801
2012-04-30 0.250 7.404
2011-11-08 0.050 1.581
2011-04-05 0.050 1.605
2010-11-10 0.047 1.608
2010-04-30 0.050 2.628

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

  • AS Silvano Fashion Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but AS Silvano Fashion Group only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of AS Silvano Fashion Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess AS Silvano Fashion Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 AS Silvano Fashion Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AS Silvano Fashion Group 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.

FQE Management

 What is the CEO of AS Silvano Fashion Group'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.
  • AS Silvano Fashion Group has no CEO, or we have no data on them.
Management Team

Jarek Särgava

TITLE
Member of Management Board
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure of the AS Silvano Fashion Group board of directors in years:

6.3
Average Tenure
  • The tenure for the AS Silvano Fashion Group board of directors is about average.
Board of Directors

Toomas Tool

TITLE
Chairman of Supervisory Board
TENURE
6.3 yrs

Ants Susi

TITLE
Member of Supervisory Board
TENURE
8.7 yrs

Stephan Balkin

TITLE
Member of Supervisory Board

Risto Mägi

TITLE
Member of Supervisory Board

Mart Mutso

TITLE
Member of Supervisory Board
AGE
65
TENURE
5.6 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 AS Silvano Fashion Group'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. AS Silvano Fashion Group 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.

FQE News

Simply Wall St News

FQE Company Info

Map
Description

AS Silvano Fashion Group designs, manufactures, distributes, and retails women’s lingerie. The company sells its products under the Milavitsa, Alisee, Aveline, Lauma Lingerie, Laumelle, and Hidalgo brands through wholesales channel and franchised sales, as well as through Milavitsa and Lauma Lingerie retail stores. It also offers logistics services. As of December 31, 2017, the company owned and franchised 637 Milavitsa and 47 Lauma lingerie stores in Russia, Belarus, Ukraine, the Baltics, and internationally. AS Silvano Fashion Group was founded in 1908 and is based in Tallinn, Estonia.

Details
Name: AS Silvano Fashion Group
FQE
Exchange: DB
Founded: 1908
€91,800,000
36,000,000
Website: http://www.silvanofashion.com
Address: AS Silvano Fashion Group
Tulika 15/17,
Tallinn,
10613,
Estonia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TLSE SFG1T Class A Shares OMX Nordic Exchange Tallinn EE EUR 17. Oct 2006
DB FQE Class A Shares Deutsche Boerse AG DE EUR 17. Oct 2006
LSE 0FZD Class A Shares London Stock Exchange GB EUR 17. Oct 2006
WSE SFG Class A Shares Warsaw Stock Exchange PL PLN 17. Oct 2006
Number of employees
Current staff
Staff numbers
2,172
AS Silvano Fashion Group employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 23:19
End of day share price update: 2019/02/22 00:00
Last estimates confirmation: 2019/01/24
Last earnings filing: 2018/11/12
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.