DB:DTD2

Stock Analysis Report

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's last earnings update was 217 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

-0.9%

DTD2

1.7%

DE Software

-0.2%

DE Market


1 Year Return

-48.7%

DTD2

4.6%

DE Software

-5.0%

DE Market

DTD2 underperformed the Software industry which returned 6.2% over the past year.

DTD2 underperformed the Market in Germany which returned -4.5% over the past year.


Share holder returns

DTD2IndustryMarket
7 Day-0.9%1.7%-0.2%
30 Day0.9%-0.03%4.9%
90 Day0.9%-6.8%1.4%
1 Year-48.7%-48.7%6.0%4.6%-2.0%-5.0%
3 Year-4.1%-4.1%43.0%37.2%17.1%7.0%
5 Year47.8%47.8%112.3%97.2%33.9%15.7%

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

Valuation

Is B+S Banksysteme undervalued based on future cash flows and its price relative to the stock market?

44%

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: 12.5yrs
    • Compensation: €71.00k
  • Wilhelm Berger (69yo)

    Head of Finances

    • Tenure: 0yrs
    • Compensation: €114.00k

Board Members

  • Herbert Kofler (70yo)

    Chairman of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €20.00k
  • Johann Bertl (68yo)

    Vice Chairman of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €10.00k
  • Werner Steinwender (74yo)

    Member of Supervisory Board

    • Tenure: 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: €14.034m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DTD2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1998
DTD2XTRA (XETRA Trading Platform)YesOrdinary SharesDEEURNov 1998
0NVULSE (London Stock Exchange)YesOrdinary SharesGBEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 20:50
End of Day Share Price2019/09/20 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.