Ordina N.V. provides IT services in the Netherlands, Belgium, and Luxembourg.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Ordina's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ORA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ORA exceeded the German IT industry which returned -12.1% over the past year.
Return vs Market: ORA exceeded the German Market which returned 0.3% over the past year.
Price Volatility Vs. Market
How volatile is Ordina's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Ordina undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ORA (€1.9) is trading below our estimate of fair value (€7.04)
Significantly Below Fair Value: ORA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ORA is good value based on its PE Ratio (11.9x) compared to the IT industry average (24.9x).
PE vs Market: ORA is good value based on its PE Ratio (11.9x) compared to the German market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ORA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ORA is good value based on its PB Ratio (1.1x) compared to the DE IT industry average (3.8x).
How is Ordina forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ORA's forecast earnings growth is above the savings rate (0.2%).
Earnings vs Market: Insufficient data to determine if ORA's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ORA's revenue is expected to decline over the next 3 years (-0.5% per year).
High Growth Revenue: ORA's revenue is forecast to decline over the next 3 years (-0.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ORA's Return on Equity is forecast to be low in 3 years time (15%).
How has Ordina performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ORA has high quality earnings.
Growing Profit Margin: ORA's current net profit margins (4%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: ORA has become profitable over the past 5 years, growing earnings by 53.2% per year.
Accelerating Growth: ORA's earnings growth over the past year (116.4%) exceeds its 5-year average (53.2% per year).
Earnings vs Industry: ORA earnings growth over the past year (116.4%) exceeded the IT industry 4.8%.
Return on Equity
High ROE: ORA's Return on Equity (9.1%) is considered low.
How is Ordina's financial position?
Financial Position Analysis
Short Term Liabilities: ORA's short term assets (€92.1M) exceed its short term liabilities (€85.0M).
Long Term Liabilities: ORA's short term assets (€92.1M) exceed its long term liabilities (€29.4M).
Debt to Equity History and Analysis
Debt Level: ORA is debt free.
Reducing Debt: ORA has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
Debt Coverage: ORA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORA has no debt, therefore coverage of interest payments is not a concern.
What is Ordina's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ORA's dividend (5.02%) is higher than the bottom 25% of dividend payers in the German market (1.3%).
High Dividend: ORA's dividend (5.02%) is in the top 25% of dividend payers in the German market (3.94%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ORA has been paying a dividend for less than 10 years.
Growing Dividend: ORA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (59.6%), ORA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ORA's dividends in 3 years are forecast to be covered by earnings (59.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jo Maes (51yo)
Mr. Jo G. Maes has been Chief Executive Officer, Chairman of Management Board and Member of the Management Board of Ordina N.V. since April 1, 2017. Mr. Maes has been Chief Executive Officer at Ordina Belg ...
CEO Compensation Analysis
Compensation vs Market: Jo's total compensation ($USD985.07K) is above average for companies of similar size in the German market ($USD711.07K).
Compensation vs Earnings: Jo's compensation has been consistent with company performance over the past year.
|Chairman of Management Board & CEO||3.08yrs||€891.00k||0.60% €1.1m|
|CFO & Member of Management Board||3.67yrs||€609.00k||0.35% €620.0k|
|Company Secretary||no data||no data||no data|
|Director of Communications||5.5yrs||no data||no data|
|Chief Executive Officer of Belgium & Luxembourg||2.83yrs||no data||no data|
Experienced Management: ORA's management team is considered experienced (3.4 years average tenure).
|Independent Member of Supervisory Board||8yrs||€48.00k||0.038% €66.2k|
|Member of Supervisory Board||4.5yrs||€45.00k||no data|
|Independent Chairman of Supervisory Board||1.33yrs||€65.00k||no data|
|Independent Vice-Chairman of Supervisory Board||no data||€47.00k||no data|
Experienced Board: ORA's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ordina N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Ordina N.V.
- Ticker: ORA
- Exchange: DB
- Founded: 1973
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €176.440m
- Shares outstanding: 93.26m
- Website: https://www.ordina.nl
Number of Employees
- Ordina N.V.
- Ringwade 1
- 3439 LM
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ORDI||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jan 1992|
|ORA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0OOJ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|ORDIA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Ordina N.V. provides IT services in the Netherlands, Belgium, and Luxembourg. The company builds and manages technological applications in the public, financial services, industrial, and healthcare sectors. It offers management of IT applications, cloud infrastructures, and workstations. The company also provides consulting services. It offers its products and services under the Ordina, SourcePower and Clockwork brands. Ordina N.V. was founded in 1973 and is headquartered in Nieuwegein, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 12:25|
|End of Day Share Price||2020/05/28 00:00|
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.