Executive Summary
SHS VIVEON AG provides consultancy and software solutions for the management of credit risks in Europe.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Share Price & News
How has SHS VIVEON's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHWK has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.0%
SHWK
-3.6%
DE IT
2.2%
DE Market
1 Year Return
50.0%
SHWK
66.7%
DE IT
12.4%
DE Market
Return vs Industry: SHWK underperformed the German IT industry which returned 72.7% over the past year.
Return vs Market: SHWK exceeded the German Market which returned 14% over the past year.
Shareholder returns
| SHWK | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -3.6% | 2.2% |
| 30 Day | -4.7% | -0.3% | 0.8% |
| 90 Day | 10.9% | 13.8% | 18.1% |
| 1 Year | 50.0%50.0% | 68.1%66.7% | 15.0%12.4% |
| 3 Year | 158.4%154.7% | -18.6%-20.2% | 8.5%-0.3% |
| 5 Year | 84.6%79.3% | 58.8%52.9% | 27.8%10.6% |
Price Volatility Vs. Market
How volatile is SHS VIVEON's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is SHS VIVEON undervalued compared to its fair value and its price relative to the market?
29.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHWK (€10.2) is trading below our estimate of fair value (€14.51)
Significantly Below Fair Value: SHWK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHWK is poor value based on its PE Ratio (32.9x) compared to the DE IT industry average (27.4x).
PE vs Market: SHWK is poor value based on its PE Ratio (32.9x) compared to the German market (21.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SHWK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SHWK is overvalued based on its PB Ratio (5.1x) compared to the DE IT industry average (3.6x).
Next Steps
Future Growth
How is SHS VIVEON forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
6.5%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SHWK's forecast earnings growth is above the savings rate (0.2%).
Earnings vs Market: Insufficient data to determine if SHWK's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHWK's revenue (6.5% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: SHWK's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SHWK's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has SHS VIVEON performed over the past 5 years?
7.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHWK has high quality earnings.
Growing Profit Margin: SHWK became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SHWK has become profitable over the past 5 years, growing earnings by 7.4% per year.
Accelerating Growth: SHWK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SHWK has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (21.7%).
Return on Equity
High ROE: SHWK's Return on Equity (15.4%) is considered low.
Next Steps
Financial Health
How is SHS VIVEON's financial position?
Financial Position Analysis
Short Term Liabilities: SHWK's short term assets (€6.7M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: SHWK's short term assets (€6.7M) exceed its long term liabilities (€547.1K).
Debt to Equity History and Analysis
Debt Level: SHWK is debt free.
Reducing Debt: SHWK has no debt compared to 5 years ago when its debt to equity ratio was 18.5%.
Debt Coverage: SHWK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SHWK has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is SHS VIVEON current dividend yield, its reliability and sustainability?
1.50%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SHWK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SHWK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SHWK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SHWK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SHWK is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SHWK'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?
1.4yrs
Average management tenure
CEO
Ralph Schuler (58 yo)
2.17yrs
Tenure
Mr. Ralph Schuler serves as Chief Executive Officer and Member of Executive Board at SHS VIVEON AG since June 2018. He serves as Chairman of Executive Board at SHS VIVEON AG since May 2019. Mr. Schuler has ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Solution Architect & Sales Risk Solutions and Member of Executive Board | 8.33yrs | no data | no data | |
| CEO & Chairman of Executive Board | 2.17yrs | no data | no data | |
| MD of Risk Solutions & Member of the Executive Board | 2.33yrs | no data | no data | |
| Chief Technology & Product Officer and Member of Executive Board | 0.58yr | no data | no data | |
| Vice President of Controlling | 0.58yr | no data | no data | |
| Vice President of Marketing & Partnerships | 0.58yr | no data | no data | |
| Managing Director of SHS Viveon GmbH and Executive Director of SHS Viveon Gmbh | no data | no data | no data |
1.4yrs
Average Tenure
Experienced Management: SHWK's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
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
SHS VIVEON AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SHS VIVEON AG
- Ticker: SHWK
- Exchange: XTRA
- Founded: 1991
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €21.767m
- Shares outstanding: 2.13m
- Website: https://www.shs-viveon.com
Number of Employees
Location
- SHS VIVEON AG
- Clarita-Bernhard-Strasse 27
- Munich
- Bavaria
- 81249
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SHWK | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | May 1999 |
| SHWK | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | May 1999 |
Biography
SHS VIVEON AG provides consultancy and software solutions for the management of credit risks in Europe. It offers DebiTEX solution for credit management; GUARDEAN RiskSuite for risk management; and proofit ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/15 03:19 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.