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ATOSS Software

XTRA:AOF
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AOF
XTRA
€489M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

ATOSS Software AG develops and sells workforce management software in Germany, Austria, Switzerland, Romania, and internationally. The last earnings update was 23 days ago. More info.


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  • ATOSS Software has significant price volatility in the past 3 months.
AOF Share Price and Events
7 Day Returns
8.9%
XTRA:AOF
3%
DE Software
-0.2%
DE Market
1 Year Returns
35.5%
XTRA:AOF
17.9%
DE Software
-10.4%
DE Market
AOF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ATOSS Software (AOF) 8.9% 18.8% 33.4% 35.5% 105.3% 322%
DE Software 3% 13.7% 21.3% 17.9% 67.2% 114.6%
DE Market -0.2% -2.1% 4.2% -10.4% 11.1% 10.6%
1 Year Return vs Industry and Market
  • AOF outperformed the Software industry which returned 17.9% over the past year.
  • AOF outperformed the Market in Germany which returned -10.4% over the past year.
Price Volatility
AOF
Industry
5yr Volatility vs Market

Value

 Is ATOSS Software 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 ATOSS Software 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 ATOSS Software.

XTRA:AOF 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 6.8%
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 XTRA:AOF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.15
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.148 (1 + (1- 30%) (0%))
1.099
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.099 * 5.96%)
6.78%

Discounted Cash Flow Calculation for XTRA:AOF using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ATOSS Software 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.

XTRA:AOF DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.78%)
2019 10.40 Analyst x1 9.74
2020 13.20 Analyst x1 11.58
2021 15.20 Analyst x1 12.49
2022 18.70 Analyst x1 14.38
2023 21.70 Analyst x1 15.63
2024 23.97 Est @ 10.47% 16.17
2025 25.75 Est @ 7.4% 16.27
2026 27.10 Est @ 5.25% 16.03
2027 28.11 Est @ 3.74% 15.58
2028 28.87 Est @ 2.69% 14.98
Present value of next 10 years cash flows €142.85
XTRA:AOF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €28.87 × (1 + 0.23%) ÷ (6.78% – 0.23%)
€441.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €441.66 ÷ (1 + 6.78%)10
€229.21
XTRA:AOF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €142.85 + €229.21
€372.07
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €372.07 / 3.98
€93.56
XTRA:AOF Discount to Share Price
Calculation Result
Value per share (EUR) From above. €93.56
Current discount Discount to share price of €123.00
= -1 x (€123.00 - €93.56) / €93.56
-31.5%

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

  • The current share price of ATOSS Software 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 ATOSS Software's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ATOSS Software's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:AOF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €2.98
XTRA:AOF Share Price ** XTRA (2019-05-17) in EUR €123
Germany Software Industry PE Ratio Median Figure of 20 Publicly-Listed Software Companies 37.75x
Germany Market PE Ratio Median Figure of 426 Publicly-Listed Companies 20.24x

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

** Primary Listing of ATOSS Software.

XTRA:AOF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:AOF Share Price ÷ EPS (both in EUR)

= 123 ÷ 2.98

41.3x

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

  • ATOSS Software is overvalued based on earnings compared to the DE Software industry average.
  • ATOSS Software is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does ATOSS Software's expected growth come at a high price?
Raw Data
XTRA:AOF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 41.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
11.9%per year
Germany Software Industry PEG Ratio Median Figure of 16 Publicly-Listed Software Companies 2.13x
Germany Market PEG Ratio Median Figure of 277 Publicly-Listed Companies 1.51x

*Line of best fit is calculated by linear regression .

XTRA:AOF PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 41.3x ÷ 11.9%

3.46x

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

  • ATOSS Software is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on ATOSS Software's assets?
Raw Data
XTRA:AOF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €7.17
XTRA:AOF Share Price * XTRA (2019-05-17) in EUR €123
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.77x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.79x
XTRA:AOF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:AOF Share Price ÷ Book Value per Share (both in EUR)

= 123 ÷ 7.17

17.16x

* Primary Listing of ATOSS Software.

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

  • ATOSS Software is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess ATOSS Software'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. ATOSS Software has a total score of 0/6, 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.

Future Performance

 How is ATOSS Software 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
11.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ATOSS Software expected to grow at an attractive rate?
  • ATOSS Software's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • ATOSS Software's earnings growth is positive but not above the Germany market average.
  • ATOSS Software's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
XTRA:AOF Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:AOF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 11.9%
XTRA:AOF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10.6%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 22.8%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
XTRA:AOF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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.
XTRA:AOF Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 107 1
2022-12-31 98 1
2021-12-31 89 17 17 1
2020-12-31 79 15 15 1
2019-12-31 71 12 13 1
XTRA:AOF Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 65 12
2018-12-31 63 13 11
2018-09-30 60 11
2018-06-30 58 9 10
2018-03-31 56 10
2017-12-31 55 9 9
2017-09-30 53 9
2017-06-30 52 11 9
2017-03-31 51 9
2016-12-31 50 12 9
2016-09-30 48 9
2016-06-30 47 8 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ATOSS Software's earnings are expected to grow by 11.9% yearly, however this is not considered high growth (20% yearly).
  • ATOSS Software's revenue is expected to grow by 10.6% 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
XTRA:AOF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from ATOSS Software Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:AOF Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 4.16 4.16 4.16 1.00
2020-12-31 3.72 3.72 3.72 1.00
2019-12-31 3.32 3.32 3.32 1.00
XTRA:AOF Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 2.98
2018-12-31 2.82
2018-09-30 2.70
2018-06-30 2.50
2018-03-31 2.42
2017-12-31 2.35
2017-09-30 2.28
2017-06-30 2.32
2017-03-31 2.34
2016-12-31 2.34
2016-09-30 2.20
2016-06-30 2.03

*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.
  • ATOSS Software is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess ATOSS Software'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.
ATOSS Software 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.

Past Performance

  How has ATOSS Software 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 ATOSS Software's growth in the last year to its industry (Software).
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.
  • ATOSS Software's year on year earnings growth rate has been positive over the past 5 years.
  • ATOSS Software's 1-year earnings growth exceeds its 5-year average (22.8% vs 14.2%)
  • ATOSS Software's earnings growth has exceeded the DE Software industry average in the past year (22.8% vs 7.2%).
Earnings and Revenue History
ATOSS Software'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 ATOSS Software Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:AOF Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 65.03 11.84 16.15 11.23
2018-12-31 62.61 11.21 16.15 11.23
2018-09-30 60.21 10.72 14.08 10.26
2018-06-30 57.54 9.95 15.09 10.67
2018-03-31 56.14 9.64 14.08 10.26
2017-12-31 54.61 9.34 13.98 10.26
2017-09-30 53.02 9.06 11.90 9.49
2017-06-30 52.13 9.21 12.69 10.01
2017-03-31 50.84 9.26 11.90 9.49
2016-12-31 49.54 9.29 11.90 9.49
2016-09-30 48.43 8.74 11.02 8.71
2016-06-30 47.21 8.08 11.63 9.21
2016-03-31 45.93 7.63 11.02 8.71
2015-12-31 44.94 7.60 11.02 8.71
2015-09-30 43.99 7.64 10.87 8.39
2015-06-30 42.59 7.54 10.46 8.22
2015-03-31 40.74 7.33 9.99 8.08
2014-12-31 39.68 7.04 9.87 7.96
2014-09-30 37.77 5.96 9.58 7.81
2014-06-30 36.73 6.04 9.45 7.64
2014-03-31 36.47 3.24 9.47 7.60
2013-12-31 35.50 3.02 9.42 7.48
2013-09-30 34.97 3.39 9.28 7.36
2013-06-30 34.26 3.22 9.27 7.31
2013-03-31 33.86 5.97 9.08 7.18
2012-12-31 33.00 5.77 8.64 7.11
2012-09-30 32.74 5.76 8.57 7.03
2012-06-30 32.09 5.98 8.39 6.96

*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.
  • ATOSS Software made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • ATOSS Software used its assets more efficiently than the DE Software industry average last year based on Return on Assets.
  • ATOSS Software has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ATOSS Software'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 Software 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.
ATOSS Software 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.

Health

 How is ATOSS Software'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 ATOSS Software's finances.

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

XTRA:AOF Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 28.45 0.00 28.01
2018-12-31 28.45 0.00 28.01
2018-09-30 22.14 0.00 25.86
2018-06-30 22.14 0.00 25.86
2018-03-31 21.81 0.00 21.88
2017-12-31 21.81 0.00 21.88
2017-09-30 16.67 0.00 23.23
2017-06-30 16.67 0.00 23.23
2017-03-31 16.88 0.00 19.14
2016-12-31 16.88 0.00 19.14
2016-09-30 12.35 0.00 17.98
2016-06-30 12.35 0.00 17.98
2016-03-31 18.93 0.00 19.02
2015-12-31 18.93 0.00 19.02
2015-09-30 17.16 0.00 26.58
2015-06-30 15.43 0.00 21.34
2015-03-31 17.23 0.00 25.71
2014-12-31 14.94 0.00 20.13
2014-09-30 14.02 0.00 20.68
2014-06-30 12.38 0.00 14.88
2014-03-31 13.72 0.00 19.06
2013-12-31 11.74 0.00 14.84
2013-09-30 11.61 0.00 15.73
2013-06-30 9.88 3.00 12.99
2013-03-31 25.12 0.00 27.30
2012-12-31 23.25 0.00 24.87
2012-09-30 23.35 0.00 28.03
2012-06-30 21.41 0.00 24.04
  • ATOSS Software has no debt.
  • ATOSS Software had no debt 5 years ago.
  • ATOSS Software has no debt, it does not need to be covered by operating cash flow.
  • ATOSS Software has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess ATOSS Software'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. ATOSS Software 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.

Dividends

 What is ATOSS Software'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
1.14%
Current annual income from ATOSS Software dividends. Estimated to be 1.52% next year.
If you bought €2,000 of ATOSS Software shares you are expected to receive €23 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?
  • ATOSS Software's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • ATOSS Software's dividend is below the markets top 25% of dividend payers in Germany (3.8%).
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
XTRA:AOF 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
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 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 3.8%

Industry and Market average data is calculated daily.

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

XTRA:AOF Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 2.08 1.00
2020-12-31 1.86 1.00
2019-12-31 1.66 1.00
XTRA:AOF Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-30 1.400 1.225
2018-04-26 1.170 1.355
2017-03-10 1.160 1.535
2017-01-31 1.160 1.752
2016-02-12 0.950 1.611
2016-01-29 0.950 1.602
2015-03-12 0.880 1.808
2015-01-15 0.880 2.383
2014-01-31 0.720 2.415
2013-04-22 0.720 2.678
2012-05-16 0.710 3.164
2012-03-12 0.710 3.469
2012-01-31 0.710 3.796
2011-03-01 0.600 3.545
2011-01-31 0.600 3.487
2010-03-12 0.500 3.214
2010-01-29 0.500 3.810

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

  • Whilst dividend payments have been stable, ATOSS Software has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but ATOSS Software only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of ATOSS Software's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess ATOSS Software'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 ATOSS Software afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ATOSS Software has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of ATOSS Software'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
Andreas F. Obereder
COMPENSATION €783,709
TENURE AS CEO 20.3 years
CEO Bio

Mr. Andreas F. J. Obereder founded Atoss Software AG and has been its Chief Executive Officer since 1999. Mr. Obereder served as the President and has been a Member of Management Board at Atoss Software AG. He is the Founder and Sole Owner of ATOSS Software GmbH since 1987. He has Commercial Training Experience as programmer with Philips Data Systems Sole proprietor of an IT-services and software distribution company until 1987.

CEO Compensation
  • Andreas F.'s compensation has been consistent with company performance over the past year.
  • Andreas F.'s remuneration is about average for companies of similar size in Germany.
Management Team

Peter Kirn

TITLE
Chairman of the Supervisory Board & Management Consultant
COMPENSATION
€26K

Andreas F. Obereder

TITLE
Founder
COMPENSATION
€784K
TENURE
20.3 yrs

Christof Leiber

TITLE
CFO & Member of Management Board
COMPENSATION
€470K

Alexander Fritsh

TITLE
Managing Director of SMB Sales & Alliance

Elke Jäger

TITLE
Director of Marketing

Thomas Kirn

TITLE
Managing Director of Sales

Henrich Gotz

TITLE
Director of Human Resources
Board of Directors

Peter Kirn

TITLE
Chairman of the Supervisory Board & Management Consultant
COMPENSATION
€26K

Rolf Baron von Hohenhau

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€26K

Klaus Bauer

TITLE
Member of the Supervisory Board
COMPENSATION
€13K
TENURE
6.1 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 ATOSS Software'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. ATOSS Software 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.

News

Simply Wall St News

Can ATOSS Software AG (ETR:AOF) Maintain Its Strong Returns?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for ATOSS Software: 42% = €12m ÷ €28m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Combining ATOSS Software's Debt And Its 42% Return On Equity One positive for shareholders is that ATOSS Software does not have any net debt! … A company that can achieve a high return on equity without debt could be considered a high quality business.

Simply Wall St -

Is ATOSS Software AG (ETR:AOF) A Smart Pick For Income Investors?

Today we'll take a closer look at ATOSS Software AG (ETR:AOF) from a dividend investor's perspective. … With a 1.2% yield and a nine-year payment history, investors probably think ATOSS Software looks like a reliable dividend stock. … There are a few simple ways to reduce the risks of buying ATOSS Software for its dividend, and we'll go through these below.

Simply Wall St -

Here's Why We Think ATOSS Software (ETR:AOF) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. … How Quickly Is ATOSS Software Increasing Earnings Per Share. … In the chart below, you can see how the company has grown earnings, and revenue, over time

Simply Wall St -

One Thing To Remember About The ATOSS Software AG (ETR:AOF) Share Price

If you're interested in ATOSS Software AG (ETR:AOF), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Should You Investigate ATOSS Software AG (ETR:AOF) At €101?

ATOSS Software AG (ETR:AOF), which is in the software business, and is based in Germany,. … Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … Today I will analyse the most recent data on ATOSS Software’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

Why ATOSS Software AG (ETR:AOF) Could Have A Place In Your Portfolio

I've been keeping an eye on ATOSS Software AG (ETR:AOF) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe AOF has a lot to offer. … , dividend-paying company with a

Simply Wall St -

Introducing ATOSS Software (ETR:AOF), The Stock That Zoomed 239% In The Last Five Years

One great example is ATOSS Software AG (ETR:AOF) which saw its share price drive 239% higher over five years. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over half a decade, ATOSS Software managed to grow its earnings per share at 30% a year.

Simply Wall St -

Could The ATOSS Software AG (ETR:AOF) Ownership Structure Tell Us Something Useful?

A look at the shareholders of ATOSS Software AG (ETR:AOF) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … ATOSS Software is not a large company by global standards.

Simply Wall St -

Does ATOSS Software AG's (ETR:AOF) CEO Pay Compare Well With Peers?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … Obereder's Compensation Compare With Similar Sized Companies. … According to our data, ATOSS Software AG has a market capitalization of €395m, and pays its CEO total annual compensation worth €776k.

Simply Wall St -

ATOSS Software AG (ETR:AOF) Earns A Nice Return On Capital Employed

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Company Info

Description

ATOSS Software AG develops and sells workforce management software in Germany, Austria, Switzerland, Romania, and internationally. It also provides software maintenance, hardware, and consulting services relating to the provision of electronic support for various corporate processes involved in the deployment of personnel resources at business enterprises and public institutions. The company’s solutions include Crewmeister, an online time recording and holiday planning solution for start-ups and small businesses; ATOSS Time Control, a software solution for time and attendance management, and workforce scheduling for small to medium-sized customers, as well as large decentralized organizations; and ATOSS Staff Efficiency Suite for integrated workforce management, time management, self services, mobile apps, workforce forecasting, deployment planning or strategic capacity, and demand and planning. It also provides sector-specific solutions, including call center, hospitality, logistics, manufacturing, medial, and retail sectors; cloud solutions; solutions for SAP; and mobile solutions, as well as ATOSS Solution Finder, which enables to identify software for companies. In addition, the company offers software implementation and training services; and sells software licenses, hardware, and identification media for time recording and assess control modules. It serves customers in the manufacturing and production, healthcare and social services, retail and chain stores, hospitality, logistics and transportation, and service industries. The company was founded in 1987 and is headquartered in Munich, Germany.

Details
Name: ATOSS Software AG
AOF
Exchange: XTRA
Founded: 1987
€489,117,864
3,976,568
Website: http://www.atoss.com
Address: ATOSS Software AG
Rosenheimerstrasse 141 h,
Munich,
Bavaria, 81671,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA AOF Bearer Shares XETRA Trading Platform DE EUR 21. Mar 2000
DB AOF Bearer Shares Deutsche Boerse AG DE EUR 21. Mar 2000
LSE 0N66 Bearer Shares London Stock Exchange GB EUR 21. Mar 2000
BATS-CHIXE AOFd Bearer Shares BATS 'Chi-X Europe' GB EUR 21. Mar 2000
Number of employees
Current staff
Staff numbers
465
ATOSS Software employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/18 21:14
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/04/30
Last earnings filing: 2019/04/25
Last earnings reported: 2019/03/31
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.