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ADN1

adesso XTRA:ADN1 Stock Report

Last Price

€174.80

Market Cap

€1.1b

7D

10.5%

1Y

42.1%

Updated

17 May, 2022

Data

Company Financials +
ADN1 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

ADN1 Stock Overview

adesso SE operates as an IT service provider focusing on consulting and software development in Germany, Austria, Switzerland, and internationally.

adesso Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for adesso
Historical stock prices
Current Share Price€174.80
52 Week High€228.50
52 Week Low€121.00
Beta1.5
1 Month Change1.39%
3 Month Change-12.07%
1 Year Change42.11%
3 Year Change254.56%
5 Year Change221.21%
Change since IPO2,528.62%

Recent News & Updates

May 12
Is adesso (ETR:ADN1) A Risky Investment?

Is adesso (ETR:ADN1) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Apr 29
Is It Too Late To Consider Buying adesso SE (ETR:ADN1)?

Is It Too Late To Consider Buying adesso SE (ETR:ADN1)?

adesso SE ( ETR:ADN1 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...

Apr 12
adesso (ETR:ADN1) Might Be Having Difficulty Using Its Capital Effectively

adesso (ETR:ADN1) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

ADN1DE ITDE Market
7D10.5%5.5%4.2%
1Y42.1%-2.8%-11.4%

Return vs Industry: ADN1 exceeded the German IT industry which returned -4.3% over the past year.

Return vs Market: ADN1 exceeded the German Market which returned -12.4% over the past year.

Price Volatility

Is ADN1's price volatile compared to industry and market?
ADN1 volatility
ADN1 Average Weekly Movement6.5%
IT Industry Average Movement6.6%
Market Average Movement6.4%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market3.5%

Stable Share Price: ADN1 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ADN1's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19975,814Michael Kenfenheuerhttps://www.adesso.de

adesso SE operates as an IT service provider focusing on consulting and software development in Germany, Austria, Switzerland, and internationally. It operates through two segments, IT Services and IT Solutions. The company offers IT consulting and software development services; and distributes software products and industry-specific or industry-neutral solutions.

adesso Fundamentals Summary

How do adesso's earnings and revenue compare to its market cap?
ADN1 fundamental statistics
Market Cap€1.14b
Earnings (TTM)€36.96m
Revenue (TTM)€725.12m

30.8x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADN1 income statement (TTM)
Revenue€725.12m
Cost of Revenue€574.36m
Gross Profit€150.76m
Other Expenses€113.80m
Earnings€36.96m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)5.68
Gross Margin20.79%
Net Profit Margin5.10%
Debt/Equity Ratio35.9%

How did ADN1 perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

10%

Payout Ratio

Does ADN1 pay a reliable dividends?

See ADN1 dividend history and benchmarks
When do you need to buy ADN1 by to receive an upcoming dividend?
adesso dividend dates
Ex Dividend DateJun 01 2022
Dividend Pay DateJun 03 2022
Days until Ex dividend14 days
Days until Dividend pay date16 days

Does ADN1 pay a reliable dividends?

See ADN1 dividend history and benchmarks

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


14.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ADN1 (€174.8) is trading below our estimate of fair value (€204.29)

Significantly Below Fair Value: ADN1 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ADN1 is poor value based on its PE Ratio (30.8x) compared to the German IT industry average (26x).

PE vs Market: ADN1 is poor value based on its PE Ratio (30.8x) compared to the German market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: ADN1 is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: ADN1 is overvalued based on its PB Ratio (5.6x) compared to the DE IT industry average (2.9x).


Future Growth

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

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADN1's forecast earnings growth (16.8% per year) is above the savings rate (-0.05%).

Earnings vs Market: ADN1's earnings (16.8% per year) are forecast to grow faster than the German market (7.8% per year).

High Growth Earnings: ADN1's earnings are forecast to grow, but not significantly.

Revenue vs Market: ADN1's revenue (12.6% per year) is forecast to grow faster than the German market (4.9% per year).

High Growth Revenue: ADN1's revenue (12.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ADN1's Return on Equity is forecast to be low in 3 years time (16.3%).


Past Performance

How has adesso performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


32.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ADN1 has high quality earnings.

Growing Profit Margin: ADN1's current net profit margins (5.1%) are lower than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: ADN1's earnings have grown significantly by 32.9% per year over the past 5 years.

Accelerating Growth: ADN1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ADN1 had negative earnings growth (-11.1%) over the past year, making it difficult to compare to the IT industry average (24.5%).


Return on Equity

High ROE: ADN1's Return on Equity (17.6%) is considered low.


Financial Health

How is adesso's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ADN1's short term assets (€289.9M) exceed its short term liabilities (€183.0M).

Long Term Liabilities: ADN1's short term assets (€289.9M) exceed its long term liabilities (€186.8M).


Debt to Equity History and Analysis

Debt Level: ADN1's net debt to equity ratio (3.9%) is considered satisfactory.

Reducing Debt: ADN1's debt to equity ratio has reduced from 78.4% to 35.9% over the past 5 years.

Debt Coverage: ADN1's debt is well covered by operating cash flow (47.7%).

Interest Coverage: ADN1's interest payments on its debt are well covered by EBIT (25.3x coverage).


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.34%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 18 2022Ex Dividend DateJun 01 2022Dividend Pay DateJun 03 20222 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ADN1's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.38%).

High Dividend: ADN1's dividend (0.34%) is low compared to the top 25% of dividend payers in the German market (4.31%).


Stability and Growth of Payments

Stable Dividend: ADN1 is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: ADN1 is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: ADN1 is not paying a notable dividend for the German market.


Cash Payout to Shareholders

Cash Flow Coverage: ADN1 is not paying a notable dividend for the German market.


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Michael Kenfenheuer (63 yo)

22.33yrs

Tenure

€571,000

Compensation

Mr. Michael Kenfenheuer has been the Chairman of the Executive Board at adesso SE. since July 1, 2015. Mr. Kenfenheuer served as the Chief Financial Officer at adesso SE and has been its Chief Executive Of...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD601.43K) is below average for companies of similar size in the German market ($USD1.31M).

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


Leadership Team

Experienced Management: ADN1's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: ADN1's board of directors are considered experienced (8.8 years average tenure).


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.


Top Shareholders

Company Information

adesso SE's employee growth, exchange listings and data sources


Key Information

  • Name: adesso SE
  • Ticker: ADN1
  • Exchange: XTRA
  • Founded: 1997
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: €1.137b
  • Shares outstanding: 6.50m
  • Website: https://www.adesso.de

Number of Employees


Location

  • adesso SE
  • Adessoplatz 1
  • Dortmund
  • North Rhine-Westphalia
  • 44269
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.