XTRA:A1OS

Stock Analysis Report

All for One Group

Executive Summary

All for One Group AG, together with its subsidiaries, provides business software solutions for SAP, Microsoft, and IBM in Germany, Switzerland, Austria, Luxemburg, Italy, and internationally.


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has All for One Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: A1OS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.8%

A1OS

-3.3%

DE IT

-0.9%

DE Market


1 Year Return

-9.0%

A1OS

32.2%

DE IT

12.8%

DE Market

Return vs Industry: A1OS underperformed the German IT industry which returned 32.2% over the past year.

Return vs Market: A1OS underperformed the German Market which returned 12.8% over the past year.


Shareholder returns

A1OSIndustryMarket
7 Day-5.8%-3.3%-0.9%
30 Day-10.7%-2.1%-0.4%
90 Day12.0%14.1%2.3%
1 Year-6.9%-9.0%33.0%32.2%16.3%12.8%
3 Year-15.0%-19.9%158.4%151.3%15.8%5.7%
5 Year24.2%13.3%230.5%216.9%19.7%3.3%

Price Volatility Vs. Market

How volatile is All for One Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is All for One Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: A1OS (€48.4) is trading below our estimate of fair value (€133.97)

Significantly Below Fair Value: A1OS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: A1OS is good value based on its PE Ratio (25.1x) compared to the IT industry average (33.3x).

PE vs Market: A1OS is poor value based on its PE Ratio (25.1x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: A1OS is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: A1OS is good value based on its PB Ratio (2.8x) compared to the DE IT industry average (4.8x).


Next Steps

Future Growth

How is All for One Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

22.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: A1OS's forecast earnings growth (22.9% per year) is above the savings rate (-0.4%).

Earnings vs Market: A1OS's earnings (22.9% per year) are forecast to grow faster than the German market (13% per year).

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

Revenue vs Market: A1OS's revenue (8% per year) is forecast to grow faster than the German market (5.2% per year).

High Growth Revenue: A1OS's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: A1OS's Return on Equity is forecast to be low in 3 years time (17.9%).


Next Steps

Past Performance

How has All for One Group performed over the past 5 years?

4.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: A1OS has a large one-off loss of €5.1M impacting its December 31 2019 financial results.

Growing Profit Margin: A1OS's current net profit margins (2.7%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: A1OS's earnings have grown by 4.7% per year over the past 5 years.

Accelerating Growth: A1OS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A1OS had negative earnings growth (-27.2%) over the past year, making it difficult to compare to the IT industry average (13.9%).


Return on Equity

High ROE: A1OS's Return on Equity (11.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is All for One Group's financial position?


Financial Position Analysis

Short Term Liabilities: A1OS's short term assets (€115.4M) exceed its short term liabilities (€77.3M).

Long Term Liabilities: A1OS's short term assets (€115.4M) exceed its long term liabilities (€86.6M).


Debt to Equity History and Analysis

Debt Level: A1OS's debt to equity ratio (54.9%) is considered high.

Reducing Debt: A1OS's debt to equity ratio has reduced from 63.3% to 54.9% over the past 5 years.

Debt Coverage: A1OS's debt is well covered by operating cash flow (55.2%).

Interest Coverage: A1OS's interest payments on its debt are well covered by EBIT (24.7x coverage).


Balance Sheet

Inventory Level: A1OS has a high level of physical assets or inventory.

Debt Coverage by Assets: A1OS's debt is covered by short term assets (assets are 2.5x debt).


Next Steps

Dividend

What is All for One Group's current dividend yield, its reliability and sustainability?

2.48%

Current Dividend Yield


Upcoming Dividend Payment

Purchase All for One Group before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company2.5%marketbottom25%1.3%markettop25%3.6%industryaverage0.5%forecastin3Years2.9%

Current dividend yield vs market & industry

Notable Dividend: A1OS's dividend (2.48%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: A1OS's dividend (2.48%) is low compared to the top 25% of dividend payers in the German market (3.63%).


Stability and Growth of Payments

Stable Dividend: A1OS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: A1OS's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (62.3%), A1OS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: A1OS's dividends in 3 years are forecast to be well covered by earnings (40.6% payout ratio).


Next Steps

Management

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

2.0yrs

Average board tenure


CEO

Lars Landwehrkamp (60yo)

12.8yrs

Tenure

€723,000

Compensation

Mr. Lars Landwehrkamp has been the Chief Executive Officer at All for One Steeb AG May 2007 and also serves as its Member of the Management Board. Mr. Landwehrkamp served as Senior Manager of a Consulting  ...


CEO Compensation Analysis

Compensation vs Market: Lars's total compensation ($USD785.36K) is about average for companies of similar size in the German market ($USD616.99K).

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


Board Members

NamePositionTenureCompensationOwnership
Josef Blazicek
Chairman of the Supervisory Board0yrs€65.00kno data
Peter Fritsch
Member of Supervisory Board0yrs€24.50k0.48% 1.2m
Rudolf Knünz
Member of Supervisory Board1.9yrs€15.50kno data
Jörgen Dalhoff
Member of Supervisory Board6.9yrs€12.50k0.0050% 12.1k
Paul Neumann
Deputy Chairman of the Supervisory Board0yrs€31.00kno data
Maria Caldarelli
Member of Supervisory Board2yrs€12.50kno data

2.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: A1OS's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

All for One Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: All for One Group AG
  • Ticker: A1OS
  • Exchange: XTRA
  • Founded:
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €241.129m
  • Shares outstanding: 4.98m
  • Website: https://www.all-for-one.com

Number of Employees


Location

  • All for One Group AG
  • Rita-Maiburg-Strasse 40
  • Filderstadt
  • Baden-Württemberg
  • 70794
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A1OSDB (Deutsche Boerse AG)YesRegistered SharesDEEURNov 1998
A1OSXTRA (XETRA Trading Platform)YesRegistered SharesDEEURNov 1998
0JCOLSE (London Stock Exchange)YesRegistered SharesGBEURNov 1998
A1OSdBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURNov 1998
A255FNDB (Deutsche Boerse AG)NPVDEEUROct 2019

Biography

All for One Group AG, together with its subsidiaries, provides business software solutions for SAP, Microsoft, and IBM in Germany, Switzerland, Austria, Luxemburg, Italy, and internationally. It operates through CORE and LOB segments. The company offers enterprise resource planning software solutions comprising of strategy, business models, customer and employee experience, new work, and big data and analytics, as well as the Internet of Things, machine learning, and cyber security and compliance solutions; and logistics and supply chain services. It also sells software licenses; and provides IT services, such as cloud contracts, outsourcing and managed services, software implementation and optimization projects, management and technology consulting, and training services. The company was formerly known as All for One Steeb AG. All for One Group AG is headquartered in Filderstadt, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 21:39
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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.