Executive Summary
B+S Banksysteme Aktiengesellschaft develops and markets software solutions for banks and financial management.
Snowflake
Fundamentals
Flawless balance sheet and undervalued.
Risks
- B+S Banksysteme has significant price volatility in the past 3 months.
- B+S Banksysteme's last earnings update was 184 days ago.
- B+S Banksysteme is covered by less than 3 analysts.
Share Price & News
How has B+S Banksysteme's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-4.4%
DB:DTD2
0.5%
DE Software
-1.5%
DE Market
1 Year Return
-52.5%
DB:DTD2
3.8%
DE Software
-10.4%
DE Market
DTD2 underperformed the Software industry which returned 3.8% over the past year.
DTD2 underperformed the Market in Germany which returned -10.4% over the past year.
Share holder returns
| DTD2 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.4% | 0.5% | -1.5% |
| 30 Day | -2.7% | -4.6% | -4.6% |
| 90 Day | -26.4% | -4.6% | -4.6% |
| 1 Year | -52.5%-52.5% | 5.2%3.8% | -7.6%-10.4% |
| 3 Year | 3.3%3.3% | 45.7%39.8% | 9.4%0.03% |
| 5 Year | 66.5%66.5% | 103.3%88.9% | 25.6%8.1% |
Price Volatility Vs. Market
How volatile is B+S Banksysteme's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here’s why B+S Banksysteme Aktiengesellschaft’s (FRA:DTD2) Returns On Capital Matters So Much3 weeks ago | Simply Wall St
What Kind Of Shareholder Owns Most B+S Banksysteme Aktiengesellschaft (FRA:DTD2) Stock?1 month ago | Simply Wall St
B+S Banksysteme (FRA:DTD2) Takes On Some Risk With Its Use Of DebtValuation
Is B+S Banksysteme undervalued based on future cash flows and its price relative to the stock market?
48%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
B+S Banksysteme's share price is below the future cash flow value, and at a moderate discount (> 20%).
B+S Banksysteme's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
B+S Banksysteme is good value based on earnings compared to the DE Software industry average.
B+S Banksysteme is overvalued based on earnings compared to the Germany market.
Price Based on Expected Growth
B+S Banksysteme is good value based on expected growth next year.
Price Based on Value of Assets
B+S Banksysteme is good value based on assets compared to the DE Software industry average.
Next Steps
Future Growth
How is B+S Banksysteme expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
37.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
B+S Banksysteme's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
B+S Banksysteme's earnings are expected to grow significantly at over 20% yearly.
B+S Banksysteme's revenue growth is positive but not above the Germany market average.
B+S Banksysteme's earnings growth is expected to exceed the Germany market average.
B+S Banksysteme's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Earnings per Share Growth Estimates
Future Return on Equity
B+S Banksysteme is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has B+S Banksysteme performed over the past 5 years?
20.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
B+S Banksysteme has delivered over 20% year on year earnings growth in the past 5 years.
B+S Banksysteme's 1-year earnings growth is negative, it can't be compared to the 5-year average.
B+S Banksysteme's 1-year earnings growth is negative, it can't be compared to the DE Software industry average.
Return on Equity
B+S Banksysteme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
B+S Banksysteme used its assets less efficiently than the DE Software industry average last year based on Return on Assets.
Return on Capital Employed
B+S Banksysteme's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is B+S Banksysteme's financial position?
Financial Position Analysis
B+S Banksysteme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
B+S Banksysteme's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
B+S Banksysteme has no debt.
B+S Banksysteme has no debt compared to 5 years ago when it was 137.9%.
B+S Banksysteme has no debt, it does not need to be covered by operating cash flow.
B+S Banksysteme has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Low level of unsold assets.
B+S Banksysteme has no debt, it does not need to be covered by short term assets.
Next Steps
Dividend
What is B+S Banksysteme's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate B+S Banksysteme's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate B+S Banksysteme's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as B+S Banksysteme has not reported any payouts.
Unable to verify if B+S Banksysteme's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as B+S Banksysteme has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of B+S Banksysteme's dividends in 3 years as they are not expected to pay a notable one for Germany.
Next Steps
Management
What is the CEO of B+S Banksysteme's salary, the management and board of directors tenure and is there insider trading?
CEO
B+S Banksysteme has no CEO, or we have no data on them.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Peter Bauch (48yo)
Head of Professional Services
- Tenure: 12.4yrs
- Compensation: €71.00k
Wilhelm Berger (69yo)
Head of Finances
- Tenure: 0.0yrs
- Compensation: €114.00k
Board Members
Herbert Kofler (70yo)
Chairman of Supervisory Board
- Tenure: 0.0yrs
- Compensation: €20.00k
Johann Bertl (68yo)
Vice Chairman of Supervisory Board
- Tenure: 0.0yrs
- Compensation: €10.00k
Werner Steinwender (74yo)
Member of Supervisory Board
- Tenure: 0.0yrs
- Compensation: €10.00k
Company Information
B+S Banksysteme Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: B+S Banksysteme Aktiengesellschaft
- Ticker: DTD2
- Exchange: DB
- Founded: 1982
- Industry: Application Software
- Sector: Software
- Market Cap: €13.413m
- Shares outstanding: 6.21m
- Website: https://www.bs-ag.com
Number of Employees
Location
- B+S Banksysteme Aktiengesellschaft
- Elsenheimerstrasse 45
- Munich
- Bavaria
- 80687
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DTD2 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 1998 |
| DTD2 | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Nov 1998 |
| 0NVU | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Nov 1998 |
Biography
B+S Banksysteme Aktiengesellschaft develops and markets software solutions for banks and financial management. It offers software solutions in the areas of payments, electronic banking, treasury/trading, r ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/18 20:50 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/06/30 |
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.