Executive Summary
B+S Banksysteme Aktiengesellschaft develops and markets software solutions for banks and financial management.
Snowflake
Fundamentals
Adequate balance sheet and slightly overvalued.
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
2.7%
DTD2
10.8%
DE Software
4.4%
DE Market
1 Year Return
-42.3%
DTD2
13.4%
DE Software
1.6%
DE Market
Return vs Industry: DTD2 underperformed the German Software industry which returned 13.4% over the past year.
Return vs Market: DTD2 underperformed the German Market which returned 1.6% over the past year.
Shareholder returns
| DTD2 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.7% | 10.8% | 4.4% |
| 30 Day | 2.7% | 6.7% | 0.8% |
| 90 Day | 0.9% | -3.9% | 2.3% |
| 1 Year | -42.3%-42.3% | 14.9%13.4% | 4.8%1.6% |
| 3 Year | -20.3%-20.3% | 52.9%46.7% | 18.9%8.6% |
| 5 Year | 88.6%88.6% | 145.6%128.1% | 43.7%24.1% |
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
2 months ago | Simply Wall St
Here’s why B+S Banksysteme Aktiengesellschaft’s (FRA:DTD2) Returns On Capital Matters So Much2 months ago | Simply Wall St
What Kind Of Shareholder Owns Most B+S Banksysteme Aktiengesellschaft (FRA:DTD2) Stock?3 months ago | Simply Wall St
B+S Banksysteme (FRA:DTD2) Takes On Some Risk With Its Use Of DebtValuation
Is B+S Banksysteme undervalued compared to its fair value and its price relative to the market?
21.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: DTD2 (€2.28) is trading below our estimate of fair value (€2.91)
Significantly Undervalued: DTD2 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: DTD2 is unprofitable, so we can't compare its PE Ratio to the 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
Low 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 (1.1x) compared to the DE Software industry average (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?
89.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DTD2 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DTD2 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DTD2 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DTD2's revenue (4% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: DTD2's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: DTD2's Return on Equity is forecast to be low in 3 years time (8.1%).
Next Steps
Past Performance
How has B+S Banksysteme performed over the past 5 years?
5.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DTD2 is unprofitable, but has reduced losses over the past 5 years at a rate of 5.8% 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 (14.5%).
Return on Equity
High ROE: DTD2 has a negative Return on Equity (-2.59%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: DTD2 is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: DTD2 is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is B+S Banksysteme's financial position?
Financial Position Analysis
Short Term Liabilities: DTD2's short term assets (€3.3M) do not cover its short term liabilities (€4.9M)
Long Term Liabilities: DTD2's short term assets (3.3M) do not cover its long term liabilities (5.5M)
Debt to Equity History and Analysis
Debt Level: DTD2 is debt free.
Reducing Debt: DTD2 has no debt compared to 5 years ago when its debt to equity ratio was 116.2%.
Debt Coverage: DTD2 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DTD2 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: DTD2 has a low level of unsold assets or inventory.
Debt Coverage by Assets: DTD2's debt is not covered by short term assets (assets are -3.7323581911833E+15x debt).
Next Steps
Dividend
What is B+S Banksysteme's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate DTD2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DTD2's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
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
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Peter Bauch (48yo)
Head of Professional Services
- Tenure: 12.6yrs
- 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: €13.786m
- 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 | 2019/10/15 20:41 |
| End of Day Share Price | 2019/10/15 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.