Loading...

APB Apranga

MUN:WHX
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WHX
MUN
€101M
Market Cap
  1. Home
  2. DE
  3. Retail
Company description

APB Apranga, together with its subsidiaries, engages in the retail trade of apparel in the Baltic States. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
WHX Share Price and Events
7 Day Returns
0%
MUN:WHX
3.5%
DE Specialty Retail
2.3%
DE Market
1 Year Returns
-35.9%
MUN:WHX
-24.9%
DE Specialty Retail
-7.2%
DE Market
WHX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
APB Apranga (WHX) 0% 0% 0% -35.9% -37.5% -35%
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
  • WHX underperformed the Specialty Retail industry which returned -24.9% over the past year.
  • WHX underperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
WHX
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for APB Apranga's competitors could be found in our database.

WHX Value

 Is APB Apranga 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 APB Apranga 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 APB Apranga.

MUN:WHX 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 5.7%
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 MUN:WHX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
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- 15%) (1.09%))
0.917
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.917 * 5.96%)
5.7%

Discounted Cash Flow Calculation for MUN:WHX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for APB Apranga 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.

MUN:WHX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.7%)
2019 -1.00 Analyst x1 -0.95
2020 10.43 Analyst x1 9.33
2021 10.43 Analyst x1 8.83
2022 10.43 Est @ 0.07% 8.36
2023 10.45 Est @ 0.12% 7.92
2024 10.46 Est @ 0.15% 7.50
2025 10.48 Est @ 0.17% 7.11
2026 10.50 Est @ 0.19% 6.74
2027 10.52 Est @ 0.2% 6.39
2028 10.54 Est @ 0.21% 6.06
Present value of next 10 years cash flows €67.30
MUN:WHX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €10.54 × (1 + 0.23%) ÷ (5.7% – 0.23%)
€193.26
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €193.26 ÷ (1 + 5.7%)10
€111.06
MUN:WHX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €67.30 + €111.06
€178.36
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €178.36 / 55.29
€3.23
MUN:WHX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in MUN:WHX represents 0.90959x of NSEL:APG1L
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90959x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 3.23 x 0.90959
€2.93
Value per share (EUR) From above. €2.93
Current discount Discount to share price of €1.66
= -1 x (€1.66 - €2.93) / €2.93
43.4%

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

Current Discount
Amount off the current price APB Apranga is available for.
Intrinsic value
43%
Share price is €1.66 vs Future cash flow value of €2.93
Current Discount Checks
For APB Apranga to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • APB Apranga's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • APB Apranga's share price is below the future cash flow value, and 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 APB Apranga's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are APB Apranga's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:WHX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.14
NSEL:APG1L Share Price ** NSEL (2019-03-04) in EUR €1.83
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 APB Apranga.

MUN:WHX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEL:APG1L Share Price ÷ EPS (both in EUR)

= 1.83 ÷ 0.14

13.04x

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

  • APB Apranga is overvalued based on earnings compared to the DE Specialty Retail industry average.
  • APB Apranga is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does APB Apranga's expected growth come at a high price?
Raw Data
MUN:WHX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
6.1%per year
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 .

MUN:WHX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.04x ÷ 6.1%

2.14x

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

  • APB Apranga is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on APB Apranga's assets?
Raw Data
MUN:WHX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €1.03
NSEL:APG1L Share Price * NSEL (2019-03-04) in EUR €1.83
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
MUN:WHX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEL:APG1L Share Price ÷ Book Value per Share (both in EUR)

= 1.83 ÷ 1.03

1.77x

* Primary Listing of APB Apranga.

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

  • APB Apranga is overvalued based on assets compared to the DE Specialty Retail industry average.
X
Value checks
We assess APB Apranga'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. APB Apranga has a total score of 3/6, 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.

WHX Future Performance

 How is APB Apranga 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
6.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is APB Apranga expected to grow at an attractive rate?
  • APB Apranga's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • APB Apranga's earnings growth is positive but not above the Germany market average.
  • APB Apranga's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
MUN:WHX Future Growth Rates Data Sources
Data Point Source Value (per year)
MUN:WHX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 6.1%
MUN:WHX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.4%
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
MUN:WHX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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.
MUN:WHX Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 224 14 9 1
2020-12-31 214 14 8 1
2019-12-31 221 13 7 2
MUN:WHX Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 187 15 8
2018-09-30 185 22 8
2018-06-30 185 18 12
2018-03-31 182 13 11
2017-12-31 182 16 14
2017-09-30 179 13 14
2017-06-30 178 15 12
2017-03-31 176 19 12
2016-12-31 173 16 11
2016-09-30 169 16 11
2016-06-30 164 16 11
2016-03-31 160 14 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • APB Apranga's earnings are expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
  • APB Apranga's revenue is expected to grow by 5.4% 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
MUN:WHX 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 2 Analyst Estimates (S&P Global) See Below

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

MUN:WHX Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.16 0.16 0.16 1.00
2020-12-31 0.15 0.15 0.15 1.00
2019-12-31 0.13 0.13 0.13 1.00
MUN:WHX Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.14
2018-09-30 0.14
2018-06-30 0.21
2018-03-31 0.19
2017-12-31 0.25
2017-09-30 0.25
2017-06-30 0.21
2017-03-31 0.20
2016-12-31 0.20
2016-09-30 0.21
2016-06-30 0.20
2016-03-31 0.20

*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.
  • APB Apranga is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess APB Apranga'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.
APB Apranga 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.

WHX Past Performance

  How has APB Apranga 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 APB Apranga'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.
  • APB Apranga's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • APB Apranga's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • APB Apranga's 1-year earnings growth is negative, it can't be compared to the DE Specialty Retail industry average.
Earnings and Revenue History
APB Apranga'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 APB Apranga Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:WHX Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 186.79 7.65 71.75
2018-09-30 185.26 7.63 71.15
2018-06-30 184.75 11.75 70.33
2018-03-31 181.70 10.87 70.15
2017-12-31 182.27 13.88 69.35
2017-09-30 179.13 13.76 68.13
2017-06-30 177.95 11.60 67.37
2017-03-31 176.28 12.07 65.97
2016-12-31 172.59 11.16 65.01
2016-09-30 168.97 11.42 63.87
2016-06-30 164.01 11.00 62.64
2016-03-31 160.32 10.80 61.56
2015-12-31 158.75 10.40 60.67
2015-09-30 154.46 9.91 59.27
2015-06-30 152.27 10.39 57.85
2015-03-31 149.30 9.96 56.99
2014-12-31 146.28 11.22 55.62
2014-09-30 142.80 11.19 54.09
2014-06-30 140.76 11.21 53.21
2014-03-31 138.37 11.45 51.91
2013-12-31 135.16 11.04 50.59
2013-09-30 132.26 11.03 49.10
2013-06-30 129.16 11.03 47.82
2013-03-31 125.21 10.75 45.96
2012-12-31 122.65 10.69 45.02
2012-09-30 117.38 10.63 42.43
2012-06-30 109.62 8.91 40.59

*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.
  • APB Apranga has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • APB Apranga used its assets more efficiently than the DE Specialty Retail industry average last year based on Return on Assets.
  • APB Apranga's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess APB Apranga'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.
APB Apranga has a total score of 1/6, 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.

WHX Health

 How is APB Apranga'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 APB Apranga's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • APB Apranga is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • APB Apranga's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of APB Apranga'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 48.4x 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 APB Apranga Company Filings, last reported 3 months ago.

MUN:WHX Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 56.85 1.10 7.74
2018-09-30 53.48 2.15 4.23
2018-06-30 51.34 1.25 3.76
2018-03-31 57.37 1.33 3.05
2017-12-31 58.60 1.40 9.36
2017-09-30 55.25 2.37 3.83
2017-06-30 49.00 2.19 2.90
2017-03-31 55.34 0.00 2.77
2016-12-31 53.57 0.00 6.58
2016-09-30 50.33 3.91 2.79
2016-06-30 46.25 1.76 2.90
2016-03-31 49.91 6.08 2.59
2015-12-31 49.05 3.50 4.51
2015-09-30 45.54 10.65 3.66
2015-06-30 41.88 8.10 3.77
2015-03-31 46.30 9.94 4.52
2014-12-31 45.81 7.27 5.95
2014-09-30 42.80 10.04 5.58
2014-06-30 38.62 7.61 5.87
2014-03-31 44.32 3.46 5.62
2013-12-31 42.62 1.45 7.11
2013-09-30 39.63 3.70 5.91
2013-06-30 35.54 4.04 7.13
2013-03-31 41.71 0.00 6.41
2012-12-31 40.44 0.00 7.25
2012-09-30 37.53 1.36 5.99
2012-06-30 33.32 0.79 4.73
  • APB Apranga's level of debt (1.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (3.4% vs 1.9% today).
  • Debt is well covered by operating cash flow (1382.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 278.5x coverage).
X
Financial health checks
We assess APB Apranga'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. APB Apranga 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.

WHX Dividends

 What is APB Apranga'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
8.77%
Current annual income from APB Apranga dividends. Estimated to be 6.64% next year.
If you bought €2,000 of APB Apranga shares you are expected to receive €175 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?
  • APB Apranga's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • APB Apranga's dividend is above the markets top 25% of dividend payers in Germany (3.71%).
Upcoming dividend payment

Purchase APB Apranga 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
MUN:WHX 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 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.

MUN:WHX Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.11 1.00
2020-12-31 0.14 2.00
2019-12-31 0.10 1.00
MUN:WHX Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-27 0.160 8.321
2017-04-27 0.160 6.127
2016-04-28 0.120 4.640
2015-04-07 0.136 5.361
2014-06-02 0.144 5.507
2014-04-07 0.145 5.370
2013-04-05 0.158 6.196
2012-04-04 0.107 5.281
2011-04-06 0.072 4.578
2010-01-15 0.000 0.000
2009-11-30 0.000 0.000
2009-08-31 0.000 0.000
2009-05-29 0.000 0.000
2009-04-22 0.000 0.000
2009-04-20 0.046 9.923

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of APB Apranga's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess APB Apranga'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 APB Apranga afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. APB Apranga has a total score of 5/6, see the detailed checks below.


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

WHX Management

 What is the CEO of APB Apranga'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
Rimantas Perveneckas
COMPENSATION €0
AGE 58
TENURE AS CEO 26.2 years
CEO Bio

Mr. Rimantas Perveneckas serves as the General Director and Group General Manager of Akcine prekybos bendrove Apranga. Mr. Perveneckas has been a Director of Akcine prekybos bendrove Apranga since February 23, 1993. Mr. Perveneckas educated at Vilnius University in Trade Economics.

CEO Compensation
  • Insufficient data for Rimantas to compare compensation growth.
  • Rimantas's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the APB Apranga management team in years:

9.4
Average Tenure
49
Average Age
  • The average tenure for the APB Apranga management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rimantas Perveneckas

TITLE
General Director
AGE
58
TENURE
26.2 yrs

Saulius Bacauskas

TITLE
CFO and Finance & Economics Director
AGE
44
TENURE
9.4 yrs

Irma Marcinkiene

TITLE
Sales & Marketing Director
AGE
41
TENURE
6.8 yrs

Audrone Martinkute

TITLE
Personnel Director
AGE
48

Ramunas Gaidamavicius

TITLE
Development Director & Director
AGE
50
TENURE
9 yrs

Ilona Simkuniene

TITLE
Purchasing Director & Director
AGE
55
TENURE
21.1 yrs

Rasa Ruleviciute

TITLE
Deputy of Chief Financial Officer
Board of Directors Tenure

Average tenure and age of the APB Apranga board of directors in years:

15.1
Average Tenure
53
Average Age
  • The average tenure for the APB Apranga board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Darius Mockus

TITLE
Chairman
AGE
53
TENURE
16.9 yrs

Rimantas Perveneckas

TITLE
General Director
AGE
58
TENURE
26.2 yrs

Ramunas Gaidamavicius

TITLE
Development Director & Director
AGE
50
TENURE
13.3 yrs

Ilona Simkuniene

TITLE
Purchasing Director & Director
AGE
55
TENURE
21.1 yrs

Marijus Stroncikas

TITLE
Director
AGE
44
TENURE
9 yrs

Vidas Lazickas

TITLE
Director
AGE
53
TENURE
8 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 APB Apranga'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. APB Apranga 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.

WHX News

Simply Wall St News

WHX Company Info

Description

APB Apranga, together with its subsidiaries, engages in the retail trade of apparel in the Baltic States. As of March 01, 2019, it operated a chain of 181 stores in Lithuania, Latvia, and Estonia. The company was founded in 1945 and is based in Vilnius, Lithuania. APB Apranga is a subsidiary of UAB MG Baltic Investment.

Details
Name: APB Apranga
WHX
Exchange: MUN
Founded: 1945
€100,907,827
55,291,960
Website: http://aprangagroup.lt
Address: APB Apranga
Ukmerges g. 362,
Vilnius,
02244,
Lithuania
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEL APG1L Common Shares OMX Nordic Exchange Vilnius LT EUR 03. Feb 1999
DB WHX Common Shares Deutsche Boerse AG DE EUR 03. Feb 1999
MUN WHX Common Shares Boerse Muenchen DE EUR 03. Feb 1999
LSE 0KJF Common Shares London Stock Exchange GB EUR 03. Feb 1999
Number of employees
Current staff
Staff numbers
2,174
APB Apranga employees.
Industry
Apparel Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 22:31
End of day share price update: 2019/03/04 00:00
Last estimates confirmation: 2019/04/05
Last earnings filing: 2019/03/01
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.