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SHS VIVEON

XTRA:SHWK
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SHWK
XTRA
€11M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

SHS VIVEON AG operates as a consultancy for customer management solutions in Europe. The last earnings update was 29 days ago. More info.


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SHWK Share Price and Events
7 Day Returns
-0.9%
XTRA:SHWK
6.3%
DE IT
-3.2%
DE Market
1 Year Returns
33.8%
XTRA:SHWK
17.4%
DE IT
-11.6%
DE Market
SHWK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SHS VIVEON (SHWK) -0.9% 10.9% 27.1% 33.8% -19.1% -43.6%
DE IT 6.3% 18.7% 30.1% 17.4% 174.3% 276.3%
DE Market -3.2% -5.1% 0.3% -11.6% 5.3% 5.9%
1 Year Return vs Industry and Market
  • SHWK outperformed the IT industry which returned 17.4% over the past year.
  • SHWK outperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
SHWK
Industry
5yr Volatility vs Market
Related Companies

SHWK Value

 Is SHS VIVEON 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 SHS VIVEON 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 SHS VIVEON.

XTRA:SHWK 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 6.4%
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:SHWK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 30%) (0%))
1.031
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.031 * 5.96%)
6.37%

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

The calculations below outline how an intrinsic value for SHS VIVEON 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:SHWK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.37%)
2019 0.50 Analyst x1 0.47
2020 0.40 Analyst x1 0.35
2021 0.50 Analyst x1 0.42
2022 0.70 Analyst x1 0.55
2023 0.90 Analyst x1 0.66
2024 1.06 Est @ 17.58% 0.73
2025 1.19 Est @ 12.37% 0.77
2026 1.29 Est @ 8.73% 0.79
2027 1.37 Est @ 6.18% 0.79
2028 1.43 Est @ 4.39% 0.77
Present value of next 10 years cash flows €6.30
XTRA:SHWK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €1.43 × (1 + 0.23%) ÷ (6.37% – 0.23%)
€23.38
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €23.38 ÷ (1 + 6.37%)10
€12.60
XTRA:SHWK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €6.30 + €12.60
€18.90
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €18.90 / 2.00
€9.44
XTRA:SHWK Discount to Share Price
Calculation Result
Value per share (EUR) From above. €9.44
Current discount Discount to share price of €5.30
= -1 x (€5.30 - €9.44) / €9.44
43.8%

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

Current Discount
Amount off the current price SHS VIVEON is available for.
Intrinsic value
44%
Share price is €5.3 vs Future cash flow value of €9.44
Current Discount Checks
For SHS VIVEON to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SHS VIVEON's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SHS VIVEON's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 SHS VIVEON's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SHS VIVEON's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:SHWK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €-0.17
XTRA:SHWK Share Price ** XTRA (2019-05-24) in EUR €5.3
Germany IT Industry PE Ratio Median Figure of 20 Publicly-Listed IT Companies 26.27x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.22x

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

** Primary Listing of SHS VIVEON.

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

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

= 5.3 ÷ -0.17

-31.18x

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

  • SHS VIVEON is loss making, we can't compare its value to the DE IT industry average.
  • SHS VIVEON is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does SHS VIVEON's expected growth come at a high price?
Raw Data
XTRA:SHWK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -31.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany IT Industry PEG Ratio Median Figure of 13 Publicly-Listed IT Companies 1.47x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for SHS VIVEON, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SHS VIVEON's assets?
Raw Data
XTRA:SHWK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €1.71
XTRA:SHWK Share Price * XTRA (2019-05-24) in EUR €5.3
Germany IT Industry PB Ratio Median Figure of 25 Publicly-Listed IT Companies 3.93x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
XTRA:SHWK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 5.3 ÷ 1.71

3.1x

* Primary Listing of SHS VIVEON.

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

  • SHS VIVEON is good value based on assets compared to the DE IT industry average.
X
Value checks
We assess SHS VIVEON'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. SHS VIVEON has a total score of 3/6, 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.

SHWK Future Performance

 How is SHS VIVEON 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
5.4%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is SHS VIVEON expected to grow at an attractive rate?
  • Unable to compare SHS VIVEON's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare SHS VIVEON's earnings growth to the Germany market average as no estimate data is available.
  • SHS VIVEON's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
XTRA:SHWK Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:SHWK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 5.4%
Germany IT Industry Earnings Growth Rate Market Cap Weighted Average 24.1%
Germany IT Industry Revenue Growth Rate Market Cap Weighted Average 15.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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:SHWK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months 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:SHWK Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 16 1 1
2022-12-31 15 1 1
2021-12-31 14 1 1
2020-12-31 13 1 1
2019-12-31 12 1 1
XTRA:SHWK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 12 3 0
2017-12-31 18 -1 0
2016-12-31 25 0 0
2016-09-30 27 1 -1
2016-06-30 27 1 -1
2016-03-31 27 1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if SHS VIVEON is high growth as no earnings estimate data is available.
  • SHS VIVEON's revenue is expected to grow by 5.4% 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:SHWK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from SHS VIVEON Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:SHWK 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
2020-12-31
2019-12-31
XTRA:SHWK Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 -0.17
2017-12-31 0.18
2016-12-31 -0.17
2016-09-30 -0.48
2016-06-30 -0.36
2016-03-31

*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.
  • Unable to establish if SHS VIVEON will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess SHS VIVEON'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.
SHS VIVEON has a total score of 1/6, 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.

SHWK Past Performance

  How has SHS VIVEON 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 SHS VIVEON's growth in the last year to its industry (IT).
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.
  • SHS VIVEON does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare SHS VIVEON's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare SHS VIVEON's 1-year growth to the DE IT industry average as it is not currently profitable.
Earnings and Revenue History
SHS VIVEON'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 SHS VIVEON Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:SHWK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 12.12 -0.36 0.25
2017-12-31 18.47 0.36 0.02
2016-12-31 24.64 -0.34 0.08
2016-09-30 27.20 -0.79
2016-06-30 27.43 -0.75
2016-03-31 27.20 -0.94
2015-12-31 26.48 -1.20 0.08
2015-09-30 25.86 0.05
2015-06-30 25.32 0.32
2015-03-31 25.09 0.74
2014-12-31 24.29 0.89
2014-09-30 23.25 0.63
2014-06-30 23.61 0.49
2014-03-31 23.90 -0.11
2013-12-31 24.45 -0.87
2013-09-30 26.90 -0.70
2013-06-30 27.92 -0.43
2013-03-31 28.33 0.09
2012-12-31 27.92 1.29
2012-09-30 25.30 1.26
2012-06-30 23.72 1.08

*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.
  • It is difficult to establish if SHS VIVEON has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if SHS VIVEON has efficiently used its assets last year compared to the DE IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if SHS VIVEON improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess SHS VIVEON'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 IT 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.
SHS VIVEON has a total score of 0/6, 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.

SHWK Health

 How is SHS VIVEON'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 SHS VIVEON's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SHS VIVEON is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SHS VIVEON's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SHS VIVEON'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.
  • Debt is covered by short term assets, assets are 239859.1x debt.
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 SHS VIVEON Company Filings, last reported 4 months ago.

XTRA:SHWK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.63 0.00 3.25
2017-12-31 3.95 1.80 2.81
2016-12-31 3.10 1.50 2.90
2016-09-30 3.27 1.50 2.29
2016-06-30 3.51 1.50 3.51
2016-03-31 3.63 1.50 3.74
2015-12-31 3.63 1.50 3.45
2015-09-30 4.27 1.50 2.47
2015-06-30 4.42 1.00 2.40
2015-03-31 5.14 1.00 3.27
2014-12-31 5.41 1.00 3.55
2014-09-30 4.92 1.00 1.85
2014-06-30 4.83 1.00 2.40
2014-03-31 4.76 1.00 2.44
2013-12-31 4.88 1.05 1.17
2013-09-30 4.45 1.27 0.89
2013-06-30 4.29 1.22 1.13
2013-03-31 4.69 0.29 2.22
2012-12-31 5.57 0.30 2.31
2012-09-30 5.01 0.55 1.29
2012-06-30 4.62 0.93 0.85
  • SHS VIVEON's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.6% vs 0% today).
  • Debt is well covered by operating cash flow (11467050%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on SHS VIVEON's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess SHS VIVEON'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. SHS VIVEON has a total score of 5/6, 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.

SHWK Dividends

 What is SHS VIVEON'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
0%
Current annual income from SHS VIVEON dividends. Estimated to be 0.88% next year.
If you bought €2,000 of SHS VIVEON shares you are expected to receive €0 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?
  • Unable to evaluate SHS VIVEON's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SHS VIVEON's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:SHWK 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 IT Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 0.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
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 3.9%

Industry and Market average data is calculated daily.

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

XTRA:SHWK Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.09 1.00
2020-12-31 0.05 1.00
2019-12-31 0.00 1.00
XTRA:SHWK Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2017-04-28 0.100 2.425
2016-08-01 0.100 1.950
2016-04-26 0.100 1.636
2015-03-31 0.150 2.358
2014-03-31 0.125 1.449
2013-11-08 0.125 1.367
2013-08-08 0.125 1.522
2013-04-02 0.125 1.390

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

  • Unable to perform a dividend volatility check as SHS VIVEON has not reported any payouts.
  • Unable to verify if SHS VIVEON's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SHS VIVEON's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SHS VIVEON has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess SHS VIVEON'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 SHS VIVEON afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SHS VIVEON has a total score of 1/6, see the detailed checks below.


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

SHWK Management

 What is the CEO of SHS VIVEON'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
Ralph Schuler
AGE 57
TENURE AS CEO 0.9 years
CEO Bio

Mr. Ralph Schuler serves as Chief Executive Officer and Member of Executive Board at SHS VIVEON AG since June 2018. Mr. Schuler has over 30 years of professional experience in sales and delivery of complex business and IT solutions, in growth focused business transformation, with international management consulting for Fortune500 companies and leadership of large business entities around Professional Services and Client Success. Lastly, he was responsible for global operations and strategy development of Mapp Digital, a globally leading solution provider of SaaS based customer experience solutions. Before this he worked at IBM as Country and Region General Manager as well as leading Vice President of the overall CRM-business in the EMEA-region. Before IBM he was senior partner with PricewaterhouseCoopers Management Consultants.

CEO Compensation
  • Insufficient data for Ralph to compare compensation growth.
  • Insufficient data for Ralph to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the SHS VIVEON management team in years:

1.1
Average Tenure
  • The average tenure for the SHS VIVEON management team is less than 2 years, this suggests a new team.
Management Team

Jörg Seelmann-Eggebert

TITLE
Member of Executive Board
TENURE
7.1 yrs

Ralph Schuler

TITLE
CEO & Member of Executive Board
AGE
57
TENURE
0.9 yrs

Matthias Meyer

TITLE
MD of Products & Member of the Executive Board
TENURE
1.1 yrs

Michael Wiedmaier

TITLE
MD of Risk Solutions & Member of the Executive Board
TENURE
1.1 yrs

Stefan Bülow

TITLE
Managing Director of SHS Viveon GmbH and Executive Director of SHS Viveon Gmbh
Board of Directors

Lothar Heinrich Pauly

TITLE
Chairman of Supervisory Board
AGE
59

Gerald Reger

TITLE
Member of Supervisory Board
AGE
47

Andreas Beyer

TITLE
Member of Supervisory Board
AGE
50
TENURE
1.1 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 SHS VIVEON'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. SHS VIVEON 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.

SHWK News

Simply Wall St News

Is Now An Opportune Moment To Examine SHS VIVEON AG (ETR:SHWK)?

SHS VIVEON AG (ETR:SHWK), which is in the it business, and is based in Germany,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at SHS VIVEON’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

What Type Of Shareholder Owns SHS VIVEON AG's (ETR:SHWK)?

We also tend to see lower insider ownership in companies that were previously publicly owned. … Our analysis of the ownership of the company, below, shows that. … We can zoom in on the different ownership groups, to learn more about SHWK

Simply Wall St -

Something To Consider Before Buying SHS VIVEON AG (ETR:SHWK) For The 2.6% Dividend

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, SHS VIVEON AG (ETR:SHWK) has been paying a dividend to shareholders. … Here's how I find good dividend stocks

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Is SHS VIVEON AG (ETR:SHWK) A Smart Choice For Dividend Investors?

Over the past 5 years, SHS VIVEON AG (ETR:SHWK) has returned an average of 2.00% per year to shareholders in terms of dividend yield. … Let's take a look at SHS VIVEON in more detail. … View our latest analysis for SHS VIVEON

Simply Wall St -

When Should You Buy SHS VIVEON AG (ETR:SHWK)?

received a lot of attention from a substantial price movement on the XTRA over the last few months, increasing to €4.45 at one point, and dropping to the lows of €3.79. … A question to answer is whether SHS VIVEON's current trading price of €4.16 reflective of the actual value of the? … Let’s take a look at SHS VIVEON’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Who Really Owns SHS VIVEON AG (ETR:SHWK)?

In this article, I'm going to take a look at SHS VIVEON AG’s (XTRA:SHWK) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … This is an encouraging sign for investors as these investors tend to be active strategist in companies, focusing on increasing operational and capital efficiency for the firm.Next Steps: Institutional ownership level and composition in SHWK is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

How SHS VIVEON AG (ETR:SHWK) Can Impact Your Portfolio Volatility

With a market cap of €8.03M, SHWK falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies. … Thus, we can expect SHWK to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books. … However, this is the opposite to what SHWK’s actual beta value suggests, which is higher stock volatility relative to the market.

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Interested In SHS VIVEON AG (ETR:SHWK)? Here's How It Performed Recently

Today I will take a look at SHS VIVEON AG's (XTRA:SHWK) most recent earnings update (31 December 2016) and compare these latest figures against its performance over the past few years, as well as how the rest of the it industry performed. … See our latest analysis for SHS VIVEON Commentary On SHWK's Past Performance I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Each year, for the past five years SHS VIVEON's top-line has risen by a mere 2.34%, on average.

Simply Wall St -

What does SHS VIVEON AG's (ETR:SHWK) Balance Sheet Tell Us About Its Future?

At this constant level of debt, the current cash and short-term investment levels stands at €2.90M for investing into the business. … On top of this, SHWK has generated €162.12K in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 10.81%, meaning that SHWK’s debt is not appropriately covered by operating cash. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: SHWK’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

Is It The Right Time To Buy SHS VIVEON AG (ETR:SHWK)?

It’s trading around 7.21% below my intrinsic value, which means if you buy SHS VIVEON today, you’d be paying a reasonable price for it. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … The price seems to be trading at fair value, which means there’s less benefit from mispricing.

Simply Wall St -

SHWK Company Info

Description

SHS VIVEON AG operates as a consultancy for customer management solutions in Europe. It offers software solutions, such as DebiTEX for credit management, GUARDEAN RiskSuite for risk management, and proofitBOX for payment method control in e-commerce. The company serves B2B and B2C corporations, banks, insurance, financial services, telecommunications, energy, industry, and trade sectors. The company was founded in 1991 is headquartered in Munich, Germany.

Details
Name: SHS VIVEON AG
SHWK
Exchange: XTRA
Founded: 1991
€10,615,163
2,002,861
Website: http://www.shs-viveon.com
Address: SHS VIVEON AG
Clarita-Bernhard-Strasse 27,
Munich,
Bavaria, 81249,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA SHWK Bearer Shares XETRA Trading Platform DE EUR 19. May 1999
DB SHWK Bearer Shares Deutsche Boerse AG DE EUR 19. May 1999
Number of employees
Current staff
Staff numbers
103
SHS VIVEON employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 21:03
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/09
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
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.