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Beta Systems Software

DB:BSS
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BSS
DB
€90M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Beta Systems Software AG develops software products in Germany and internationally. The last earnings update was 104 days ago. More info.


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BSS Share Price and Events
7 Day Returns
-0.5%
DB:BSS
0.5%
DE Software
1.5%
DE Market
1 Year Returns
-15.8%
DB:BSS
14.6%
DE Software
-6.2%
DE Market
BSS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Beta Systems Software (BSS) -0.5% 5.5% 4.9% -15.8% 93% 104.8%
DE Software 0.5% 2.6% 11.4% 14.6% 44.9% 84.5%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • BSS underperformed the Software industry which returned 14.6% over the past year.
  • BSS underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
BSS
Industry
5yr Volatility vs Market

BSS Value

 Is Beta Systems 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 Beta Systems 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 Beta Systems Software.

DB:BSS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.7%
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 DB:BSS
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 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.135 (1 + (1- 30%) (0%))
1.091
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.091 * 5.96%)
6.73%

Discounted Cash Flow Calculation for DB:BSS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Beta Systems 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.

DB:BSS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.73%)
2019 9.06 Est @ 22.22% 8.49
2020 10.48 Est @ 15.62% 9.20
2021 11.63 Est @ 11% 9.57
2022 12.54 Est @ 7.77% 9.66
2023 13.23 Est @ 5.51% 9.55
2024 13.75 Est @ 3.92% 9.30
2025 14.13 Est @ 2.82% 8.96
2026 14.42 Est @ 2.04% 8.57
2027 14.64 Est @ 1.5% 8.15
2028 14.80 Est @ 1.12% 7.72
Present value of next 10 years cash flows €89.17
DB:BSS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €14.80 × (1 + 0.23%) ÷ (6.73% – 0.23%)
€228.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €228.23 ÷ (1 + 6.73%)10
€119.01
DB:BSS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €89.17 + €119.01
€208.18
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €208.18 / 4.78
€43.52
DB:BSS Discount to Share Price
Calculation Result
Value per share (EUR) From above. €43.52
Current discount Discount to share price of €19.20
= -1 x (€19.20 - €43.52) / €43.52
55.9%

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

Current Discount
Amount off the current price Beta Systems Software is available for.
Intrinsic value
>50%
Share price is €19.2 vs Future cash flow value of €43.52
Current Discount Checks
For Beta Systems Software to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Beta Systems Software's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Beta Systems Software'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 Beta Systems Software's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Beta Systems Software's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BSS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €0.76
DB:BSS Share Price ** DB (2019-04-23) in EUR €19.2
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 36.7x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

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

** Primary Listing of Beta Systems Software.

DB:BSS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:BSS Share Price ÷ EPS (both in EUR)

= 19.2 ÷ 0.76

25.19x

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

  • Beta Systems Software is good value based on earnings compared to the DE Software industry average.
  • Beta Systems Software is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Beta Systems Software's expected growth come at a high price?
Raw Data
DB:BSS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 25.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
7.6%per year
Germany Software Industry PEG Ratio Median Figure of 14 Publicly-Listed Software Companies 2.8x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*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 Beta Systems Software, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Beta Systems Software's assets?
Raw Data
DB:BSS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €9.71
DB:BSS Share Price * DB (2019-04-23) in EUR €19.2
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.93x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:BSS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:BSS Share Price ÷ Book Value per Share (both in EUR)

= 19.2 ÷ 9.71

1.98x

* Primary Listing of Beta Systems Software.

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

  • Beta Systems Software is good value based on assets compared to the DE Software industry average.
X
Value checks
We assess Beta Systems 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. Beta Systems Software has a total score of 4/6, 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.

BSS Future Performance

 How is Beta Systems Software expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Beta Systems Software, future earnings growth has been estimated based on fundamentals.
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
7.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Beta Systems Software expected to grow at an attractive rate?
  • Beta Systems Software's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Beta Systems Software's earnings growth is positive but not above the Germany market average.
  • Unable to compare Beta Systems Software's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:BSS Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BSS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 7.6%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
DB:BSS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:BSS Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 46 8 4
2018-06-30 44 7 3
2018-03-31 42 5 2
2017-12-31 46 5 5
2017-09-30 50 5 8
2017-06-30 52 4 10
2017-03-31 53 2 12
2016-12-31 50 4 9
2016-09-30 46 5 5
2016-06-30 46 5 3
2016-03-31 46 5 1
2015-12-31 44 5 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Beta Systems Software's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Beta Systems Software is high growth as no revenue estimate data is available.
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
DB:BSS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Beta Systems Software Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BSS Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 0.76
2018-06-30 0.54
2018-03-31 0.33
2017-12-31 0.92
2017-09-30 1.51
2017-06-30 1.92
2017-03-31 2.32
2016-12-31 1.66
2016-09-30 0.99
2016-06-30 0.67
2016-03-31 0.31
2015-12-31 0.50

*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 Beta Systems Software will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Beta Systems 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.
Beta Systems Software 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.

BSS Past Performance

  How has Beta Systems 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 Beta Systems 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.
  • Beta Systems Software has delivered over 20% year on year earnings growth in the past 5 years.
  • Beta Systems Software's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Beta Systems Software's 1-year earnings growth is negative, it can't be compared to the DE Software industry average.
Earnings and Revenue History
Beta Systems 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 Beta Systems Software Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BSS Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 45.91 3.97 4.40
2018-06-30 44.20 2.85 4.39
2018-03-31 42.50 1.73 4.38
2017-12-31 46.16 4.85 4.38
2017-09-30 49.81 7.98 4.38
2017-06-30 51.64 10.13 4.50
2017-03-31 53.46 12.28 4.62
2016-12-31 49.91 8.73 4.62
2016-09-30 46.36 5.19 4.62
2016-06-30 46.24 3.31 4.96
2016-03-31 46.11 1.43 5.30
2015-12-31 43.83 2.12 5.30
2015-09-30 41.55 2.82 5.30
2015-06-30 39.61 3.33 5.48
2015-03-31 37.66 3.84 5.67
2014-12-31 35.58 1.12 5.67
2014-09-30 33.92 -2.22 5.67
2014-06-30 35.99 -1.12 8.43
2014-03-31 36.71 -0.29 5.60
2013-12-31 35.23 -1.55 5.60
2013-09-30 37.72 0.43 5.60
2013-06-30 36.16 0.63 5.29
2013-03-31 38.72 1.22 5.29
2012-12-31 40.79 1.72 5.29
2012-09-30 41.59 2.14 5.29
2012-06-30 34.41 -2.25 5.72

*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.
  • Beta Systems Software has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Beta Systems Software used its assets more efficiently than the DE Software industry average last year based on Return on Assets.
  • Beta Systems Software has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Beta Systems 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.
Beta Systems Software has a total score of 3/6, 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.

BSS Health

 How is Beta Systems 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 Beta Systems Software's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Beta Systems Software is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Beta Systems Software's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Beta Systems 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.
  • Beta Systems 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 Beta Systems Software Company Filings, last reported 6 months ago.

DB:BSS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 46.43 0.00 5.54
2018-06-30 46.43 0.00 5.54
2018-03-31 58.95 0.00 22.84
2017-12-31 58.95 0.00 22.84
2017-09-30 54.19 0.00 19.11
2017-06-30 54.19 0.00 19.11
2017-03-31 56.83 0.00 22.59
2016-12-31 56.83 0.00 22.59
2016-09-30 45.60 0.00 14.04
2016-06-30 45.60 0.00 14.04
2016-03-31 45.01 0.00 15.13
2015-12-31 45.01 0.00 15.13
2015-09-30 34.25 0.00 27.37
2015-06-30 34.25 0.00 27.37
2015-03-31 35.53 0.00 33.00
2014-12-31 35.53 0.00 33.00
2014-09-30 31.39 0.08 31.03
2014-06-30 31.39 0.08 31.03
2014-03-31 33.29 0.24 36.58
2013-12-31 33.79 0.39 29.52
2013-09-30 33.79 0.39 29.52
2013-06-30 33.61 0.54 32.06
2013-03-31 33.61 0.54 32.06
2012-12-31 33.45 0.96 25.11
2012-09-30 33.28 0.96 25.11
2012-06-30 23.77 1.48 11.37
  • Beta Systems Software has no debt.
  • Beta Systems Software has no debt compared to 5 years ago when it was 1.2%.
  • Beta Systems Software has no debt, it does not need to be covered by operating cash flow.
  • Beta Systems Software has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Beta Systems 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. Beta Systems 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.

BSS Dividends

 What is Beta Systems 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
1.2%
Current annual income from Beta Systems Software dividends.
If you bought €2,000 of Beta Systems Software shares you are expected to receive €24 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?
  • Beta Systems Software's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Beta Systems Software's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
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
DB:BSS 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 0 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
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 3.7%

Industry and Market average data is calculated daily.

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

DB:BSS Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-01-09 0.230 1.244
2018-01-18 0.410 1.941

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

  • It is too early to tell whether Beta Systems Software has stable dividend payments.
  • Beta Systems Software only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Beta Systems Software's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Beta Systems 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 Beta Systems Software afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Beta Systems Software 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.

BSS Management

 What is the CEO of Beta Systems 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.
  • Beta Systems Software has no CEO, or we have no data on them.
Management Team

Armin Steiner

TITLE
Head of Development Support
COMPENSATION
€40K
AGE
42

Andreas Huth

TITLE
Head of Sales
COMPENSATION
€170K
AGE
53
TENURE
4.1 yrs

Arne Baßler

TITLE
Compliance Officer and Director Corporate Communications

Norbert Baumgärtner

TITLE
Head of ECM Solutions Banking Sector

Bernhard Auer

TITLE
Executive Consultant
COMPENSATION
€3K
Board of Directors

Wilhelm Zours

TITLE
Chairman of Supervisory Board
COMPENSATION
€30K

Heiko Wenzel-Schinzer

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€10K

Stefan Hillenbach

TITLE
Member of Supervisory Board
COMPENSATION
€10K

Jens-Martin Jüttner

TITLE
Member of Supervisory Board
COMPENSATION
€10K

Veit Paas

TITLE
Member of Supervisory Board
COMPENSATION
€10K

Wolfgang Bendig

TITLE
Member of Supervisory Board
TENURE
1.7 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 Beta Systems 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. Beta Systems 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.

BSS News

Simply Wall St News

A Spotlight On Beta Systems Software AG's (FRA:BSS) Fundamentals

Beta Systems Software AG (FRA:BSS) is a company with exceptional fundamental characteristics. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on Beta Systems Software here

Simply Wall St -

Here’s What Beta Systems Software AG’s (FRA:BSS) Return On Capital Can Tell Us

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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How Does Beta Systems Software AG (FRA:BSS) Fare As A Dividend Stock?

Beta Systems Software AG (FRA:BSS) has begun paying dividends recently. … Let's dig deeper into whether Beta Systems Software should have a place in your portfolio. … Check out our latest analysis for Beta Systems Software

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Here's How P/E Ratios Can Help Us Understand Beta Systems Software AG (FRA:BSS)

We'll show how you can use Beta Systems Software AG's (FRA:BSS) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Beta Systems Software's P/E ratio is 23.1. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Do Directors Own Beta Systems Software AG (FRA:BSS) Shares?

A look at the shareholders of Beta Systems Software AG (FRA:BSS) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Beta Systems Software is not a large company by global standards.

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Is Beta Systems Software AG's (FRA:BSS) Balance Sheet A Threat To Its Future?

Beta Systems Software AG (FRA:BSS), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is BSS right in choosing financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

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What Does Beta Systems Software AG's (FRA:BSS) PE Ratio Tell You?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Beta Systems Software AG (FRA:BSS) is currently trading at a trailing P/E of 58.8, which is higher than the industry average of 41.5. … See our latest analysis for Beta Systems Software

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Who Are Beta Systems Software AG's (FRA:BSS) Major Shareholders?

In this article, I'm going to take a look at Beta Systems Software AG’s (FRA:BSS) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Therefore, it is beneficial for us to examine BSS's ownership structure in more detail.

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Why Beta Systems Software AG (FRA:BSS) Delivered An Inferior ROE Compared To The Industry

Beta Systems Software AG’s (FRA:BSS) most recent return on equity was a substandard 2.93% relative to its industry performance of 11.85% over the past year. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into BSS's past performance. … Check out our latest analysis for Beta Systems Software

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Is Beta Systems Software AG (FRA:BSS) A Sell At Its Current PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between Beta Systems Software AG (FRA:BSS)’s fundamentals and stock market performance. … Beta Systems Software AG (FRA:BSS) is currently trading at a trailing P/E of 69.2x, which is higher than the industry average of 35.6x.

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BSS Company Info

Description

Beta Systems Software AG develops software products in Germany and internationally. It offers identity access management solution that reduces the risk of financial loss or damage to the corporate image resulting from breaches in compliance-critical areas. The company also provides data center intelligence solutions, including output management and archiving solutions comprising professional design and automated distribution of documents; log management and security information management system that searches application logs across all platforms; workload automation and job management solutions; Z/OS mainframe access management solutions; and professional and consulting services. It serves banks, insurance agencies, industrial, trade and service companies, healthcare organizations, public administration authorities, as well as church and social institutions. The company was founded in 1983 and is headquartered in Berlin, Germany.

Details
Name: Beta Systems Software AG
BSS
Exchange: DB
Founded: 1983
€90,406,071
4,783,390
Website: http://www.betasystems.com
Address: Beta Systems Software AG
Alt-Moabit 90d,
Berlin,
Berlin, 10559,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB BSS Ordinary Shares Deutsche Boerse AG DE EUR 01. Jul 1997
Number of employees
Current staff
Staff numbers
322
Beta Systems Software employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:46
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/01/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/09/30


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.