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OTRS

DB:TR9
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TR9
DB
€21M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

OTRS AG, together with its subsidiaries, provides open source OTRS service management suite worldwide. The last earnings update was 202 days ago. More info.


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TR9 Share Price and Events
7 Day Returns
0%
DB:TR9
0.3%
DE Software
2.5%
DE Market
1 Year Returns
-14.7%
DB:TR9
12.4%
DE Software
-6.7%
DE Market
TR9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OTRS (TR9) 0% 0% 22.2% -14.7% 230.3% 214.3%
DE Software 0.3% 1% 10.9% 12.4% 43% 80.1%
DE Market 2.5% 3.3% 9.2% -6.7% 9% 13.5%
1 Year Return vs Industry and Market
  • TR9 underperformed the Software industry which returned 12.4% over the past year.
  • TR9 underperformed the Market in Germany which returned -6.7% over the past year.
Price Volatility
TR9
Industry
5yr Volatility vs Market

Value

 Is OTRS undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for OTRS. This is due to cash flow or dividend data being unavailable. The share price is €11.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OTRS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OTRS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:TR9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.07
DB:TR9 Share Price ** DB (2019-03-05) in EUR €11
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 36.65x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 19.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of OTRS.

DB:TR9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:TR9 Share Price ÷ EPS (both in EUR)

= 11 ÷ 0.07

156.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OTRS is overvalued based on earnings compared to the DE Software industry average.
  • OTRS is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does OTRS's expected growth come at a high price?
Raw Data
DB:TR9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 156.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.3%per year
Germany Software Industry PEG Ratio Median Figure of 14 Publicly-Listed Software Companies 2.81x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for OTRS, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on OTRS's assets?
Raw Data
DB:TR9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €0.96
DB:TR9 Share Price * DB (2019-03-05) in EUR €11
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.91x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:TR9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:TR9 Share Price ÷ Book Value per Share (both in EUR)

= 11 ÷ 0.96

11.49x

* Primary Listing of OTRS.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • OTRS is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess OTRS's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. OTRS has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is OTRS expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover OTRS, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OTRS expected to grow at an attractive rate?
  • OTRS's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • OTRS's earnings growth is positive but not above the Germany market average.
  • Unable to compare OTRS's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:TR9 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:TR9 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.3%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:TR9 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:TR9 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 8 0
2018-03-31 8 0
2017-12-31 8 0
2017-09-30 8 0
2017-06-30 7 0
2017-03-31 7 0
2016-12-31 7 0
2016-09-30 7 0
2016-06-30 7 0
2016-03-31 7 0
2015-12-31 6 0
2015-09-30 6 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OTRS's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if OTRS is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:TR9 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from OTRS Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TR9 Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30
2018-03-31
2017-12-31 0.07
2017-09-30 0.08
2017-06-30
2017-03-31
2016-12-31 0.05
2016-09-30 0.01
2016-06-30
2016-03-31
2015-12-31 -0.04
2015-09-30 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if OTRS will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess OTRS's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OTRS has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has OTRS performed over the past 5 years?

  • OTRS's last earnings update was 202 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare OTRS's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OTRS has delivered over 20% year on year earnings growth in the past 5 years.
  • OTRS's 1-year earnings growth exceeds its 5-year average (80.8% vs 41.2%)
  • OTRS's earnings growth has exceeded the DE Software industry average in the past year (80.8% vs 2.4%).
Earnings and Revenue History
OTRS's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from OTRS Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:TR9 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 8.13 0.32
2018-03-31 7.89 0.23
2017-12-31 7.65 0.13
2017-09-30 7.53 0.16
2017-06-30 7.42 0.18
2017-03-31 7.34 0.14
2016-12-31 7.25 0.10
2016-09-30 7.15 0.02
2016-06-30 7.04 -0.05
2016-03-31 6.74 -0.06
2015-12-31 6.43 -0.07
2015-09-30 6.18 0.00
2015-06-30 5.93 0.06
2015-03-31 5.69 0.04
2014-12-31 5.45 0.02
2014-09-30 5.34 0.04
2014-06-30 5.24 0.05
2014-03-31 5.27 0.08
2013-12-31 5.30 0.11
2013-09-30 5.11 0.03
2013-06-30 4.93 -0.04
2013-03-31 4.70 -0.12
2012-12-31 4.48 -0.20
2012-09-30 4.47 -0.23
2012-06-30 4.47 -0.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • OTRS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OTRS used its assets less efficiently than the DE Software industry average last year based on Return on Assets.
  • OTRS has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OTRS's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OTRS has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is OTRS's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up OTRS's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OTRS's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • OTRS's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OTRS's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • OTRS has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from OTRS Company Filings, last reported 9 months ago.

DB:TR9 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 2.11 0.00 1.64
2018-03-31 2.11 0.00 1.64
2017-12-31 1.83 0.00 1.42
2017-09-30 1.83 0.00 1.42
2017-06-30 1.79 0.00 0.90
2017-03-31 1.79 0.00 0.90
2016-12-31 1.70 0.00 0.85
2016-09-30 1.70 0.00 0.85
2016-06-30 1.61 0.00 0.61
2016-03-31 1.61 0.00 0.61
2015-12-31 1.60 0.00 0.79
2015-09-30 1.60 0.00 0.79
2015-06-30 1.07 0.60 0.39
2015-03-31 1.07 0.60 0.39
2014-12-31 1.07 1.65 0.30
2014-09-30 1.07 1.65 0.30
2014-06-30 1.01 1.05 0.35
2014-03-31 1.01 1.05 0.35
2013-12-31 1.04 1.45 0.58
2013-09-30 1.04 1.45 0.58
2013-06-30 0.96 2.50 0.35
2013-03-31 0.96 2.50 0.35
2012-12-31 0.94 2.50 0.25
2012-09-30 0.94 2.50 0.25
2012-06-30 1.00 2.50 0.20
  • OTRS has no debt.
  • OTRS has no debt compared to 5 years ago when it was 258.7%.
  • OTRS has no debt, it does not need to be covered by operating cash flow.
  • OTRS has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess OTRS's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. OTRS has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is OTRS's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from OTRS dividends.
If you bought €2,000 of OTRS shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate OTRS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate OTRS's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:TR9 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as OTRS has not reported any payouts.
  • Unable to verify if OTRS's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of OTRS's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as OTRS has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess OTRS's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OTRS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OTRS has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of OTRS's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
André Mindermann
AGE 53
TENURE AS CEO 2.3 years
CEO Bio

Mr. André Mindermann co-founded OTRS Inc. in 2006 and serves as its Chief Executive Officer. Mr. Mindermann serves as Chairman of Management Board at OTRS AG and has been its Chief Executive Officer since January 12, 2017. He serves as General Manager OTRS Inc., OTRS B.V. and OTRS S.A. de C.V. Prior to OTRS. Mr. Mindermann is the Chief Executive Officer and co-founder of the OTRS Group. Under his leadership, the popular Open Source project has become one of the most promising technology companies worldwide. He is Chief Executive Officer of an issuing house and of a private equity firm specializing in portfolio management. Mr. Mindermann founded the Enterprise Group. From 2001 to 2004, he lead a german-indian-american Offshore Software Development Joint-Venture as Chief Executive Officer. He recognized the tremendous potential of OTRS at an early stage and intentionally implemented the Open Source business model as an alternative to the proprietary licensing. With a targeted global strategy, OTRS has quickly outgrown its modest beginnings and is now recognized worldwide as a premier Open Source company. In 2009, he led OTRS AG successfully to enter the Open Market of the Frankfurt Stock Exchange. Prior to joining the OTRS Group, he worked at different technology companies which were specialized in IT-Outsourcing. From 2001 to 2004 he was co-founder and Managing Director of Techspan Enterprise GmbH. In 1997, he founded the Enterprise Consulting Group, an international professional services conglomerate focused on the airline and tourism industries and integrated it into the OTRS Group after 11 years of operational success. He is a published author and columnist for the Manager Magazine. In his spare time, he dedicates himself to philosophical interests and motor sports. He is Member of the Investment Committee at Leontis Equity Fund GmbH. He is author of several books and articles and a columnist for different national and international professional journals. He holds a Master of Business Administration and degree in Business Administration from Frankfurt’s Johann-Wolfgang-Goethe University.

CEO Compensation
  • Insufficient data for André to compare compensation growth.
  • Insufficient data for André to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the OTRS management team in years:

5.5
Average Tenure
53
Average Age
  • The average tenure for the OTRS management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Burchard Steinbild

TITLE
Co-Founder & Chairman of Supervisory Board
TENURE
13.3 yrs

André Mindermann

TITLE
Co-Founder
AGE
53
TENURE
2.3 yrs

Gaby Brauer

TITLE
Vice President of Global Finance

Christopher Kuhn

TITLE
COO & Member of Management Board
AGE
41

Sabine Riedel

TITLE
Member of Management Board and Executive of Global Marketing & Global Human Resources
AGE
55
TENURE
5.5 yrs

Mathias Röhl

TITLE
Head of Customer Solution Team & Director of Global Managed Services
Board of Directors

Burchard Steinbild

TITLE
Co-Founder & Chairman of Supervisory Board

Thomas Stewens

TITLE
Vice Chairman of Supervisory Board

Oliver Hein

TITLE
Member of Supervisory Board
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess OTRS's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. OTRS has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Can OTRS AG's (FRA:TR9) ROE Continue To Surpass The Industry Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every €1 worth of shareholders' equity, it generated €0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

A Closer Look At OTRS AG's (FRA:TR9) Impressive ROE

This article is for those who would like to learn about Return On Equity (ROE). … That means that for every €1 worth of shareholders' equity, it generated €0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

How Financially Strong Is OTRS AG (FRA:TR9)?

OTRS AG (FRA:TR9), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does TR9's growth rate justify its decision for financial flexibility over lower cost of capital. … But the downside of having debt in a company’s balance sheet is the debtholder’s higher claim on its assets in the case of liquidation, as well as stricter capital management requirements.

Simply Wall St -

OTRS AG (FRA:TR9): Assessing Capital Returns

and want to begin learning the link between OTRS AG (FRA:TR9)’s return fundamentals and stock market performance. … As a result, your investment is being put to work to fund operations and if you want to earn an attractive return on your investment, the business needs to be making an adequate amount of money from the funds you provide. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).

Simply Wall St -

OTRS AG (FRA:TR9): Can It Deliver A Superior ROE To The Industry?

This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to begin learning the link between OTRS AG (FRA:TR9)’s return fundamentals and stock market performance. … TR9's results could indicate a relatively inefficient operation to its peers, and while this may be the case, it is important to understand what ROE is made up of and how it should be interpreted.

Simply Wall St -

What Do You Get For Owning OTRS AG (FRA:TR9)?

Thus, to understand how your money can grow by investing in OTRS, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE). … TR9’s ROCE is calculated below: ROCE Calculation for TR9 Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = €176.84K ÷ (€5.43M - €3.27M) = 8.22% TR9’s 8.22% ROCE means that for every €100 you invest, the company creates €8.2. … But if the underlying variables (earnings and capital employed) improve, TR9's ROCE may increase, in which case your portfolio could benefit from holding the company.

Simply Wall St -

How Does Investing In OTRS AG (FRA:TR9) Impact Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … OTRS's beta of 0.52 indicates that the stock value will be less variable compared to the whole stock market. … Based on this beta value, TR9 appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

Simply Wall St -

What You Must Know About OTRS AG's (FRA:TR9) 9.81% ROE

Check out our latest analysis for OTRS What you must know about ROE Return on Equity (ROE) weighs OTRS’s profit against the level of its shareholders’ equity. … ROE can be broken down into three different ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity DB:TR9 Last Perf Mar 23rd 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

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Company Info

Description

OTRS AG, together with its subsidiaries, provides open source OTRS service management suite worldwide. Its OTRS product suite includes the OTRS Service Desk Software, the ITIL V3-compliant, and PinkVERIFY- IT Service Management Module OTRS::ITSM, as well as the OTRS Business Solution and the cloud-based OTRS Business Solution Managed for professional use in business environments. The company offers its OTRS product suite in 38 languages. Its service portfolio includes enterprise support, process design, implementation, integration, customization, application support, training and certification, corporate security, and OTRS managed services. OTRS AG was founded in 2003 and is headquartered in Oberursel, Germany.

Details
Name: OTRS AG
TR9
Exchange: DB
Founded: 2003
€21,079,300
1,916,300
Website: http://www.otrs.com
Address: OTRS AG
Zimmersmühlenweg 11,
Oberursel,
Hessen, 61440,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB TR9 Common Shares Deutsche Boerse AG DE EUR 23. Dec 2009
Number of employees
Current staff
Staff numbers
61
OTRS employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 21:34
End of day share price update: 2019/03/05 00:00
Last earnings filing: 2018/09/28
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.