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BSL

BaslerXTRA:BSL Stock Report

Market Cap

€1.6b

7D

7.4%

1Y

205.4%

Updated

24 Oct, 2021

Data

Company Financials +
BSL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends0/6

BSL Overview

Basler Aktiengesellschaft develops, manufactures, and sells digital cameras for professional users in Germany, Europe, the Middle East, Africa, the Americas, and Asia.

Basler Competitors

Hangzhou Hikvision Digital Technology

SZSE:002415

CN¥517.6b

Zhejiang Dahua Technology

SZSE:002236

CN¥67.7b

TKH Group

ENXTAM:TWEKA

€2.1b

Price History & Performance

Summary of all time highs, changes and price drops for Basler
Historical stock prices
Current Share Price€157.00
52 Week High€46.70
52 Week Low€171.00
Beta1.84
1 Month Change3.29%
3 Month Change45.64%
1 Year Change205.45%
3 Year Change208.65%
5 Year Change710.81%
Change since IPO359.51%

Recent News & Updates

Oct 10
Is Basler (ETR:BSL) Using Too Much Debt?

Is Basler (ETR:BSL) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Sep 25
Basler (ETR:BSL) Is Experiencing Growth In Returns On Capital

Basler (ETR:BSL) Is Experiencing Growth In Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...

Sep 07
Is Basler Aktiengesellschaft (ETR:BSL) Potentially Undervalued?

Is Basler Aktiengesellschaft (ETR:BSL) Potentially Undervalued?

Basler Aktiengesellschaft ( ETR:BSL ), might not be a large cap stock, but it received a lot of attention from a...

Jun 12
Basler (ETR:BSL) Shareholders Will Want The ROCE Trajectory To Continue

Basler (ETR:BSL) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

BSLDE ElectronicDE Market
7D7.4%3.7%0.3%
1Y205.4%57.7%24.6%

Return vs Industry: BSL exceeded the German Electronic industry which returned 57.7% over the past year.

Return vs Market: BSL exceeded the German Market which returned 24.6% over the past year.

Price Volatility

Is BSL's price volatile compared to industry and market?
BSL volatility
BSL Beta1.84
Industry Beta1.71
Market Beta1

Stable Share Price: BSL is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BSL's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
1988833Dietmar Leyhttps://www.baslerweb.com

Basler Aktiengesellschaft develops, manufactures, and sells digital cameras for professional users in Germany, Europe, the Middle East, Africa, the Americas, and Asia. The company offers area scan, line scan, powerpack microscopy, 3D, and network cameras; accessories, including lenses, I/O cables, power supplies, data cables, host adapters, hubs, and switches; and pylon camera software suite for getting Basler camera set-up and running. It also provides cameras, software, kits, and components for embedded vision; and lighting components, lenses, cables, frame grabbers, PC cards, network and peripheral devices, and accessories and bundles.

Basler Fundamentals Summary

How do Basler's earnings and revenue compare to its market cap?
BSL fundamental statistics
Market Cap€1.57b
Earnings (TTM)€21.19m
Revenue (TTM)€196.83m

73.9x

P/E Ratio

8.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BSL income statement (TTM)
Revenue€196.83m
Cost of Revenue€92.20m
Gross Profit€104.63m
Expenses€83.44m
Earnings€21.19m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 04, 2021

Earnings per share (EPS)2.12
Gross Margin53.16%
Net Profit Margin10.77%
Debt/Equity Ratio18.9%

How did BSL perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Basler undervalued compared to its fair value and its price relative to the market?

73.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BSL (€157) is trading above our estimate of fair value (€52.25)

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


Price To Earnings Ratio

PE vs Industry: BSL is poor value based on its PE Ratio (73.9x) compared to the German Electronic industry average (27.8x).

PE vs Market: BSL is poor value based on its PE Ratio (73.9x) compared to the German market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: BSL is poor value based on its PEG Ratio (5x)


Price to Book Ratio

PB vs Industry: BSL is overvalued based on its PB Ratio (12.8x) compared to the DE Electronic industry average (2.3x).


Future Growth

How is Basler forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

14.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSL's forecast earnings growth (14.9% per year) is above the savings rate (-0.01%).

Earnings vs Market: BSL's earnings (14.9% per year) are forecast to grow faster than the German market (12.5% per year).

High Growth Earnings: BSL's earnings are forecast to grow, but not significantly.

Revenue vs Market: BSL's revenue (13.6% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: BSL's revenue (13.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BSL's Return on Equity is forecast to be low in 3 years time (18.3%).


Past Performance

How has Basler performed over the past 5 years?

7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BSL has high quality earnings.

Growing Profit Margin: BSL's current net profit margins (10.8%) are higher than last year (10.5%).


Past Earnings Growth Analysis

Earnings Trend: BSL's earnings have grown by 7% per year over the past 5 years.

Accelerating Growth: BSL's earnings growth over the past year (19.5%) exceeds its 5-year average (7% per year).

Earnings vs Industry: BSL earnings growth over the past year (19.5%) underperformed the Electronic industry 44%.


Return on Equity

High ROE: BSL's Return on Equity (17.3%) is considered low.


Financial Health

How is Basler's financial position?


Financial Position Analysis

Short Term Liabilities: BSL's short term assets (€109.2M) exceed its short term liabilities (€41.6M).

Long Term Liabilities: BSL's short term assets (€109.2M) exceed its long term liabilities (€40.0M).


Debt to Equity History and Analysis

Debt Level: BSL's debt to equity ratio (18.9%) is considered satisfactory.

Reducing Debt: BSL's debt to equity ratio has reduced from 21.4% to 18.9% over the past 5 years.

Debt Coverage: BSL's debt is well covered by operating cash flow (179.7%).

Interest Coverage: BSL's interest payments on its debt are well covered by EBIT (54.9x coverage).


Balance Sheet


Dividend

What is Basler current dividend yield, its reliability and sustainability?

0.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BSL's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1%).

High Dividend: BSL's dividend (0.29%) is low compared to the top 25% of dividend payers in the German market (3.23%).


Stability and Growth of Payments

Stable Dividend: BSL is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: BSL is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BSL is not paying a notable dividend for the German market.


Future Payout to Shareholders

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

11.8yrs

Average management tenure


CEO

Dietmar Ley (57 yo)

21.67yrs

Tenure

€499,000

Compensation

Dr. Ing. Dietmar Ley has been the Chief Executive Officer of Basler Aktiengesellschaft since February 2000 and serves as its Chairman of the Management Board. He is responsible for research and development...


CEO Compensation Analysis

Compensation vs Market: Dietmar's total compensation ($USD580.44K) is below average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Dietmar's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BSL's management team is seasoned and experienced (11.8 years average tenure).


Board Members

Experienced Board: BSL's board of directors are considered experienced (4.5 years average tenure).


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

Basler Aktiengesellschaft's employee growth, exchange listings and data sources


Key Information

  • Name: Basler Aktiengesellschaft
  • Ticker: BSL
  • Exchange: XTRA
  • Founded: 1988
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: €1.566b
  • Shares outstanding: 9.98m
  • Website: https://www.baslerweb.com

Number of Employees


Location

  • Basler Aktiengesellschaft
  • An der Strusbek 60-62
  • Ahrensburg
  • Schleswig-Holstein
  • 22926
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 17:44
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.