Executive Summary
tick Trading Software AG, a software company, provides solutions for professional trading of various asset classes worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has tick Trading Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TBX is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TBX's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
0%
TBX
-1.1%
DE Software
-0.6%
DE Market
1 Year Return
73.2%
TBX
-7.1%
DE Software
22.5%
DE Market
Return vs Industry: TBX exceeded the German Software industry which returned -7.1% over the past year.
Return vs Market: TBX exceeded the German Market which returned 22.5% over the past year.
Shareholder returns
| TBX | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.1% | -0.6% |
| 30 Day | -4.5% | -2.9% | -1.3% |
| 90 Day | -3.2% | 3.4% | 2.2% |
| 1 Year | 82.2%73.2% | -5.7%-7.1% | 26.2%22.5% |
| 3 Year | n/a | 30.8%25.3% | 33.8%22.9% |
| 5 Year | n/a | 67.7%56.2% | 53.3%32.4% |
Long-Term Price Volatility Vs. Market
How volatile is tick Trading Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving tick Trading Software AG's (FRA:TBX) Stock Up Recently?4 months ago | Simply Wall St
Three Days Left To Buy tick Trading Software AG (FRA:TBX) Before The Ex-Dividend Date4 months ago | Simply Wall St
Is tick Trading Software AG (FRA:TBX) A Great Dividend Stock?Valuation
Is tick Trading Software undervalued compared to its fair value and its price relative to the market?
26.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TBX (€42.6) is trading below our estimate of fair value (€58)
Significantly Below Fair Value: TBX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TBX is good value based on its PE Ratio (14.9x) compared to the German Software industry average (39.9x).
PE vs Market: TBX is good value based on its PE Ratio (14.9x) compared to the German market (23.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TBX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TBX is overvalued based on its PB Ratio (8.8x) compared to the DE Software industry average (4.5x).
Future Growth
How is tick Trading Software forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
3.7%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TBX's forecast earnings growth is above the savings rate (0.01%).
Earnings vs Market: Insufficient data to determine if TBX'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: TBX's revenue (3.7% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: TBX's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TBX's Return on Equity is forecast to be high in 3 years time
Past Performance
How has tick Trading Software performed over the past 5 years?
17.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBX has a large one-off gain of €853.0K impacting its March 31 2021 financial results.
Growing Profit Margin: TBX's current net profit margins (34.8%) are higher than last year (24.1%).
Past Earnings Growth Analysis
Earnings Trend: TBX's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: TBX's earnings growth over the past year (75.7%) exceeds its 5-year average (17.9% per year).
Earnings vs Industry: TBX earnings growth over the past year (75.7%) exceeded the Software industry -4.4%.
Return on Equity
High ROE: TBX's Return on Equity (59.5%) is considered outstanding.
Financial Health
How is tick Trading Software's financial position?
Financial Position Analysis
Short Term Liabilities: TBX's short term assets (€6.2M) exceed its short term liabilities (€1.2M).
Long Term Liabilities: TBX's short term assets (€6.2M) exceed its long term liabilities (€604.2K).
Debt to Equity History and Analysis
Debt Level: TBX is debt free.
Reducing Debt: TBX has not had any debt for past 5 years.
Debt Coverage: TBX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBX has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is tick Trading Software current dividend yield, its reliability and sustainability?
4.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TBX's dividend (4.72%) is higher than the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: TBX's dividend (4.72%) is in the top 25% of dividend payers in the German market (3.16%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether TBX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TBX's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.1%), TBX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Gerd Goetz (58 yo)
no data
Tenure
Mr. Gerd Goetz serves as Member of Supervisory Board at Lang & Schwarz Aktiengesellschaft since 2021. He serves as Chief Executive Officer and Member of Management Board at tick Trading Software AG. Mr. Go...
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
tick Trading Software AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: tick Trading Software AG
- Ticker: TBX
- Exchange: DB
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: €42.877m
- Shares outstanding: 1.01m
- Website: https://www.tick-ts.de
Number of Employees
Location
- tick Trading Software AG
- Ernst-Schneider-Platz 1
- Düsseldorf
- North Rhine-Westphalia
- 40212
- Germany
Listings
Biography
tick Trading Software AG, a software company, provides solutions for professional trading of various asset classes worldwide. Its core product is TradeBase MX Platform, a trading system that controls mess...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 17:49 |
| End of Day Share Price | 2021/09/15 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/09/30 |
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.