DB:DTD2

Stock Analysis Report

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Executive Summary

B+S Banksysteme Aktiengesellschaft develops and markets software solutions for banks and financial management.


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.

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

Stable Share Price: DTD2 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

DTD2

-0.9%

DE Software

-1.6%

DE Market


1 Year Return

-12.4%

DTD2

30.8%

DE Software

8.3%

DE Market

Return vs Industry: DTD2 underperformed the German Software industry which returned 23.3% over the past year.

Return vs Market: DTD2 underperformed the German Market which returned 3.7% over the past year.


Shareholder returns

DTD2IndustryMarket
7 Day0%-0.9%-1.6%
30 Day2.1%6.3%0.2%
90 Day7.6%24.6%12.8%
1 Year-12.4%-12.4%32.6%30.8%10.7%8.3%
3 Year-66.5%-66.5%61.1%54.6%3.8%-4.5%
5 Year-0.5%-0.5%129.2%113.3%9.6%-5.2%

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 compared to its fair value and its price relative to the market?

0.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DTD2 (€1.98) is trading above our estimate of fair value (€1.89)

Significantly Below Fair Value: DTD2 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DTD2 is unprofitable, so we can't compare its PE Ratio to the DE Software industry average.

PE vs Market: DTD2 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DTD2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DTD2 is good value based on its PB Ratio (0.9x) compared to the DE Software industry average (3.3x).


Next Steps

Future Growth

How is B+S Banksysteme forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

112.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DTD2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: DTD2 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DTD2's is expected to become profitable in the next 3 years.

Revenue vs Market: DTD2's revenue (4.9% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: DTD2's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DTD2's Return on Equity is forecast to be low in 3 years time (4%).


Next Steps

Past Performance

How has B+S Banksysteme performed over the past 5 years?

-16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DTD2 is currently unprofitable.

Growing Profit Margin: DTD2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DTD2 is unprofitable, and losses have increased over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare DTD2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DTD2 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (32.1%).


Return on Equity

High ROE: DTD2 has a negative Return on Equity (-4.47%), as it is currently unprofitable.


Next Steps

Financial Health

How is B+S Banksysteme's financial position?


Financial Position Analysis

Short Term Liabilities: DTD2's short term assets (€7.0M) do not cover its short term liabilities (€9.0M).

Long Term Liabilities: DTD2's short term assets (€7.0M) do not cover its long term liabilities (€8.7M).


Debt to Equity History and Analysis

Debt Level: DTD2's debt to equity ratio (11.1%) is considered satisfactory.

Reducing Debt: DTD2's debt to equity ratio has reduced from 110.8% to 11.1% over the past 5 years.

Debt Coverage: DTD2's debt is well covered by operating cash flow (117.5%).

Interest Coverage: Insufficient data to determine if DTD2's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is B+S Banksysteme current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DTD2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DTD2'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 DTD2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DTD2's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DTD2'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?


CEO

B+S Banksysteme has no CEO, or we have no data on them.


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 not been meaningfully diluted in the past year.


Top Shareholders

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: €12.296m
  • 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 Analysis2020/08/03 21:19
End of Day Share Price2020/08/03 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.