XTRA:SHWK

Stock Analysis Report

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Executive Summary

SHS VIVEON AG provides consultancy and software solutions for the management of credit risks in Europe.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.9%

SHWK

4.4%

DE IT

1.5%

DE Market


1 Year Return

79.1%

SHWK

-8.2%

DE IT

-0.2%

DE Market

Return vs Industry: SHWK exceeded the German IT industry which returned -6.2% over the past year.

Return vs Market: SHWK exceeded the German Market which returned 0.1% over the past year.


Shareholder returns

SHWKIndustryMarket
7 Day5.9%4.4%1.5%
30 Day5.3%11.1%5.7%
90 Day1.5%-3.5%-2.7%
1 Year79.1%79.1%-7.8%-8.2%1.5%-0.2%
3 Year112.3%109.3%70.3%66.4%-7.1%-14.3%
5 Year31.7%25.4%214.4%200.7%5.2%-8.3%

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

Valuation

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

31.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SHWK (€9.85) is trading below our estimate of fair value (€14.37)

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 (31.8x) compared to the IT industry average (24.8x).

PE vs Market: SHWK is poor value based on its PE Ratio (31.8x) compared to the German market (19.3x).


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 (4.9x) compared to the DE IT industry average (3.7x).


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 (4.8%).


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's current dividend yield, its reliability and sustainability?

1.56%

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?

1.2yrs

Average management tenure


CEO

Ralph Schuler (57yo)

2yrs

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

NamePositionTenureCompensationOwnership
Jorg Seelmann-Eggebert
Chief Solution Architect & Sales Risk Solutions and Member of Executive Board8.17yrsno datano data
Ralph Schuler
CEO & Chairman of Executive Board2yrsno datano data
Michael Wiedmaier
MD of Risk Solutions & Member of the Executive Board2.17yrsno datano data
Eva Wiesmuller
Chief Technology & Product Officer and Member of Executive Board0.42yrno datano data
Karin Schuler
Vice President of Controlling0.42yrno datano data
Rolf Anweiler
Vice President of Marketing and Partnerships0.42yrno datano data
Stefan Bülow
Managing Director of SHS Viveon GmbH and Executive Director of SHS Viveon Gmbhno datano datano data

1.2yrs

Average Tenure

Experienced Management: SHWK's management team is not considered experienced ( 1.1 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 been diluted in the past year, with total shares outstanding growing by 6.5%.


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: €21.020m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHWKDB (Deutsche Boerse AG)YesBearer SharesDEEURMay 1999
SHWKXTRA (XETRA Trading Platform)YesBearer SharesDEEURMay 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 proofitBOX, a risk management solution for e-commerce. The company serves financial services, trade, e-commerce, industry, telecommunications, and energy sectors. SHS VIVEON AG was founded in 1991 and is headquartered in Munich, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/01 22:50
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.