XTRA:FBEN

Stock Analysis Report

Executive Summary

Fyber N.V. develops a mobile advertising technology platform in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.


Snowflake Analysis

Limited growth and overvalued.

Share Price & News

How has Fyber's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FBEN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.6%

FBEN

-4.9%

DE Software

-4.7%

DE Market


1 Year Return

121.8%

FBEN

28.4%

DE Software

8.3%

DE Market

Return vs Industry: FBEN exceeded the German Software industry which returned 28.4% over the past year.

Return vs Market: FBEN exceeded the German Market which returned 8.3% over the past year.


Shareholder returns

FBENIndustryMarket
7 Day-3.6%-4.9%-4.7%
30 Day53.3%-4.0%-4.0%
90 Day49.1%0.3%-1.4%
1 Year121.8%121.8%30.1%28.4%11.7%8.3%
3 Yearn/a49.3%43.3%11.4%1.6%
5 Yearn/a113.7%98.5%15.1%-0.7%

Price Volatility Vs. Market

How volatile is Fyber's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

3.07x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FBEN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FBEN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FBEN is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: FBEN is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FBEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FBEN is good value based on its PB Ratio (3.1x) compared to the DE Software industry average (3.2x).


Next Steps

Future Growth

How is Fyber forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

58.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FBEN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FBEN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FBEN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FBEN's revenue (22.3% per year) is forecast to grow faster than the German market (5.1% per year).

High Growth Revenue: FBEN's revenue (22.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FBEN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Fyber performed over the past 5 years?

-33.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FBEN is currently unprofitable.

Growing Profit Margin: FBEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FBEN is unprofitable, and losses have increased over the past 5 years at a rate of -33.4% per year.

Accelerating Growth: Unable to compare FBEN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FBEN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.6%).


Return on Equity

High ROE: FBEN has a negative Return on Equity (-142.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Fyber's financial position?


Financial Position Analysis

Short Term Liabilities: FBEN's short term assets (€48.7M) do not cover its short term liabilities (€133.2M).

Long Term Liabilities: FBEN's short term assets (€48.7M) do not cover its long term liabilities (€52.0M).


Debt to Equity History and Analysis

Debt Level: FBEN's debt to equity ratio (324.8%) is considered high.

Reducing Debt: FBEN's debt to equity ratio has increased from 83.8% to 324.8% over the past 5 years.


Balance Sheet

Inventory Level: FBEN has a low level of unsold assets or inventory.

Debt Coverage by Assets: FBEN's debt is not covered by short term assets (assets are 0.4x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FBEN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FBEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -8.6% each year


Next Steps

Dividend

What is Fyber's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate FBEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FBEN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FBEN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FBEN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FBEN's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Ziv Elul (44yo)

2.6yrs

Tenure

0

Mr. Ziv Elul has been Member of Management Board at Fyber N.V. since June 15, 2016 and has been its Chief Executive Officer since July 25, 2017. Mr. Elul Co-founded Inneractive Ltd. in 2007 and serves as i ...


CEO Compensation Analysis

Compensation vs Market: Ziv's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD414.81K).

Compensation vs Earnings: Insufficient data to compare Ziv's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Ziv Elul
CEO & Member of Management Board2.6yrsno data0.15% 178.7k
Yaron Zaltsman
CFO & Member of Management Board2.6yrsno data0.020% 23.3k
Daniel Sztern
Deputy CEO2.6yrsno data0.0070% 8.2k
Offer Yehudai
President0yrsno datano data
Gal Aviv
Senior Vice President of Technology0yrsno datano data
Yoni Argaman
Senior Vice President of Marketing & Corporate Strategy0yrsno datano data
Tzurit Golan
Senior Vice President of Human Resources0yrsno datano data
David Simons
Chief Revenue Officer1.1yrsno datano data
Andreas Bodczek
2.6yrsno datano data

2.6yrs

Average Tenure

47yo

Average Age

Experienced Management: FBEN's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yair Safrai
Chairman of Supervisory Board1yrsno datano data
Franklin Rios
Vice Chairman of Supervisory Board0.08yrsno datano data
Tarek Malak
Member of Supervisory Board1.1yrsno datano data
Karim Sehnaoui
Member of Supervisory Board2.3yrsno datano data
Arjun Metre
Member of Supervisory Board1.1yrsno datano data

1.1yrs

Average Tenure

Experienced Board: FBEN's board of directors are not considered experienced ( 1.1 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 been substantially diluted in the past year, with total shares outstanding growing by 222.4%.


Top Shareholders

Company Information

Fyber N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fyber N.V.
  • Ticker: FBEN
  • Exchange: XTRA
  • Founded: 2010
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €116.967m
  • Shares outstanding: 359.90m
  • Website: https://www.fyber.com

Number of Employees


Location

  • Fyber N.V.
  • Wallstrasse 9-13
  • Berlin
  • Berlin
  • 10179
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0RU2LSE (London Stock Exchange)YesRegistered SharesGBEURAug 2017
FBENXTRA (XETRA Trading Platform)YesRegistered SharesDEEURAug 2017
FBENDB (Deutsche Boerse AG)YesRegistered SharesDEEURAug 2017
FBENDBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURAug 2017

Biography

Fyber N.V. develops a mobile advertising technology platform in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company’s platform, Fyber FairBid, which empowers app developers and digital publishers to generate revenue streams from digital advertising. It offers ad exchange and server, programmatic ad network mediation, in-app header bidding, and other publisher tools. The company was formerly known as RNTS Media N.V. and changed its name to Fyber N.V. in June 2017. Fyber N.V. was founded in 2010 and is headquartered in Berlin, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 23:12
End of Day Share Price2020/02/24 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.