Loading...

Gigaset

XTRA:GGS
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GGS
XTRA
€62M
Market Cap
Add to portfolio
  1. Home
    2. ›
  2. DE
    3. ›
  3. Tech
Last updated 2019/04/25 21:14
Company description

Gigaset AG operates in the area of telecommunications in Germany and internationally. The last earnings update was 146 days ago. More info.

Find similar companies

Add to Portfolio Compare Print
  • Gigaset has significant price volatility in the past 3 months.
GGS Share Price and Events
7 Day Returns
3.8%
XTRA:GGS
-11.1%
DE Communications
0.8%
DE Market
1 Year Returns
-34.3%
XTRA:GGS
17.9%
DE Communications
-4.5%
DE Market
GGS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Gigaset (GGS) 3.8% 6.4% 40.1% -34.3% -13.6% -52.5%
DE Communications -11.1% -4% 14.2% 17.9% -0.9% 48.2%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • GGS underperformed the Communications industry which returned 17.9% over the past year.
  • GGS underperformed the Market in Germany which returned -4.5% over the past year.
Price Volatility
GGS
Industry
5yr Volatility vs Market

GGS Value

 Is Gigaset 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
Here we compare the current share price of Gigaset to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Gigaset.

XTRA:GGS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for XTRA:GGS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.09 (1 + (1- 30%) (8.12%)) 		1.102
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.102 * 5.96%) 		6.8%

Discounted Cash Flow Calculation for XTRA:GGS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Gigaset is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

XTRA:GGS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.8%)
2019 7.60 Analyst x1 7.12
2020 8.10 Analyst x1 7.10
2021 9.20 Analyst x1 7.55
2022 9.40 Analyst x1 7.23
2023 10.20 Analyst x1 7.34
2024 10.71 Est @ 5% 7.22
2025 11.09 Est @ 3.57% 7.00
2026 11.38 Est @ 2.57% 6.72
2027 11.59 Est @ 1.87% 6.41
2028 11.75 Est @ 1.37% 6.09
Present value of next 10 years cash flows €69.78
XTRA:GGS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €11.75 × (1 + 0.23%) ÷ (6.8% – 0.23%) 		€179.29
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €179.29 ÷ (1 + 6.8%)10 		€92.90
XTRA:GGS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €69.78 + €92.90 		€162.68
Equity Value per Share
(EUR)		 = Total value / Shares Outstanding
= €162.68 / 132.46 		€1.23
XTRA:GGS Discount to Share Price
Calculation Result
Value per share (EUR) From above. €1.23
Current discount Discount to share price of €0.47
= -1 x (€0.47 - €1.23) / €1.23 		62.1%

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

Current Discount
Amount off the current price Gigaset is available for.
Intrinsic value
>50%
Share price is €0.47 vs Future cash flow value of €1.23
Current Discount Checks
For Gigaset to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Gigaset's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Gigaset's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Gigaset's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Gigaset's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:GGS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €0.03
XTRA:GGS Share Price ** XTRA (2019-04-25) in EUR €0.47
Germany Communications Industry PE Ratio Median Figure of 5 Publicly-Listed Communications Companies 27.71x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

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

** Primary Listing of Gigaset.

XTRA:GGS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:GGS Share Price ÷ EPS (both in EUR)

= 0.47 ÷ 0.03

 13.61x

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

  • Gigaset is good value based on earnings compared to the DE Communications industry average.
  • Gigaset is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Gigaset's expected growth come at a high price?
Raw Data
XTRA:GGS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts		 21.8%per year
Europe Communications Industry PEG Ratio Median Figure of 13 Publicly-Listed Communications Companies 1.36x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

XTRA:GGS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.61x ÷ 21.8%

 0.62x

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

  • Gigaset is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Gigaset's assets?
Raw Data
XTRA:GGS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €0.07
XTRA:GGS Share Price * XTRA (2019-04-25) in EUR €0.47
Germany Communications Industry PB Ratio Median Figure of 7 Publicly-Listed Communications Companies 1.53x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
XTRA:GGS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:GGS Share Price ÷ Book Value per Share (both in EUR)

= 0.47 ÷ 0.07

 6.57x

* Primary Listing of Gigaset.

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

  • Gigaset is overvalued based on assets compared to the DE Communications industry average.
Show me more potentially undervalued companies in the Communications industry
X
Value checks
We assess Gigaset'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 Communications 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 Communications industry average (and greater than 0)? (1 check)
    5. Gigaset has a total score of 5/6, 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.

GGS Future Performance

 How is Gigaset expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
21.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Gigaset expected to grow at an attractive rate?
  • Gigaset's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Gigaset's earnings growth is expected to exceed the Germany market average.
  • Gigaset's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
XTRA:GGS Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:GGS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 21.8%
XTRA:GGS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 0.9%
Germany Communications Industry Earnings Growth Rate Market Cap Weighted Average 20.1%
Europe Communications Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
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
XTRA:GGS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XTRA:GGS Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 298 1
2022-12-31 293 1
2021-12-31 289 1
2020-12-31 285 6 1
2019-12-31 281 5 1
2018-12-31 285 4 1
XTRA:GGS Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 286 10 4
2018-06-30 298 16 9
2018-03-31 298 18 8
2017-12-31 305 14 8
2017-09-30 287 9 3
2017-06-30 288 8 4
2017-03-31 291 8 5
2016-12-31 294 18 4
2016-09-30 300 15 -8
2016-06-30 308 15 -14
2016-03-31 310 7 -25
2015-12-31 320 5 -22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Gigaset's earnings are expected to grow significantly at over 20% yearly.
  • Gigaset's revenue is expected to grow by 0.9% yearly, however this is not considered high growth (20% yearly).
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
XTRA:GGS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Gigaset Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:GGS Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.05 0.05 0.05 1.00
2019-12-31 0.04 0.04 0.04 1.00
2018-12-31 0.03 0.03 0.03 1.00
XTRA:GGS Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30 0.03
2018-06-30 0.06
2018-03-31 0.06
2017-12-31 0.06
2017-09-30 0.02
2017-06-30 0.03
2017-03-31 0.04
2016-12-31 0.03
2016-09-30
2016-06-30 -0.12
2016-03-31 -0.19
2015-12-31 -0.17

*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.
  • Gigaset is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Show me more growth companies in the Communications industry
X
Future performance checks
We assess Gigaset'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 Europe 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.
Gigaset has a total score of 3/6, 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.

GGS Past Performance

  How has Gigaset performed over the past 5 years?

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 Gigaset's growth in the last year to its industry (Communications).
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.
  • Gigaset has delivered over 20% year on year earnings growth in the past 5 years.
  • Gigaset's 1-year earnings growth is less than its 5-year average (28.1% vs 59.5%)
  • Gigaset's earnings growth has exceeded the Europe Communications industry average in the past year (28.1% vs 23.7%).
Earnings and Revenue History
Gigaset'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 Gigaset Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:GGS Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 285.62 4.11 86.52
2018-06-30 298.13 8.99 87.82
2018-03-31 297.79 7.87 88.21
2017-12-31 304.90 7.88 91.52
2017-09-30 287.09 3.21 72.71
2017-06-30 287.76 3.71 86.73
2017-03-31 290.90 5.37 91.80
2016-12-31 294.36 4.32 94.22
2016-09-30 299.95 -7.72 101.38
2016-06-30 308.02 -13.64 93.74
2016-03-31 310.12 -25.40 106.01
2015-12-31 319.94 -22.01 116.19
2015-09-30 339.93 -20.12 117.37
2015-06-30 343.68 -14.71 125.61
2015-03-31 351.82 -3.57 131.37
2014-12-31 344.91 -16.62 121.21
2014-09-30 341.79 -29.34 144.39
2014-06-30 346.80 -32.89 137.78
2014-03-31 363.55 -43.62 129.45
2013-12-31 388.49 -34.64 129.87
2013-09-30 401.24 -29.75 141.81
2013-06-30 415.71 -39.29 164.07
2013-03-31 410.92 -33.46 164.61
2012-12-31 435.63 -26.04 165.13
2012-09-30 455.58 -6.36 164.67
2012-06-30 471.68 14.45 143.14

*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.
  • Gigaset made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Gigaset used its assets less efficiently than the DE Communications industry average last year based on Return on Assets.
  • Gigaset has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Show me more strong past performing companies in the Communications industry
X
Past performance checks
We assess Gigaset'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 Communications 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.
Gigaset 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.

GGS Health

 How is Gigaset'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 Gigaset's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Gigaset is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Gigaset's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Gigaset'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 24.7x debt.
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 Gigaset Company Filings, last reported 6 months ago.

XTRA:GGS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 9.37 5.00 19.16
2018-06-30 23.64 5.00 30.85
2018-03-31 22.10 0.00 25.74
2017-12-31 24.09 0.00 49.10
2017-09-30 15.97 0.00 17.24
2017-06-30 16.78 0.00 23.17
2017-03-31 15.53 0.00 21.14
2016-12-31 17.84 0.00 47.49
2016-09-30 1.94 0.00 21.12
2016-06-30 4.05 0.00 27.39
2016-03-31 7.07 0.00 25.27
2015-12-31 17.86 0.43 40.96
2015-09-30 39.97 0.42 19.95
2015-06-30 33.27 0.41 26.97
2015-03-31 27.56 0.47 32.90
2014-12-31 41.16 0.46 50.48
2014-09-30 53.63 0.46 42.58
2014-06-30 22.97 28.00 27.40
2014-03-31 24.64 30.26 28.34
2013-12-31 38.68 30.45 56.99
2013-09-30 8.91 40.82 16.95
2013-06-30 13.28 32.39 18.91
2013-03-31 23.27 32.36 31.02
2012-12-31 24.35 32.31 54.65
2012-09-30 60.11 12.85 32.34
2012-06-30 76.35 9.04 37.01
  • Gigaset's level of debt (53.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (441.1% vs 53.3% today).
  • Debt is well covered by operating cash flow (204.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.4x coverage).
Show me more healthy companies in the Communications industry
X
Financial health checks
We assess Gigaset'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. Gigaset 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.

GGS Dividends

 What is Gigaset'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 Gigaset dividends. Estimated to be 0% next year.
If you bought €2,000 of Gigaset 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 Gigaset's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Gigaset'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
XTRA:GGS 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 1 Analyst Estimates (S&P Global) See Below
Europe Communications Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
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.

XTRA:GGS Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

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

  • Unable to perform a dividend volatility check as Gigaset has not reported any payouts.
  • Unable to verify if Gigaset's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Gigaset's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Gigaset has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Gigaset's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Gigaset's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Gigaset afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Gigaset 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.

GGS Management

 What is the CEO of Gigaset'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
Klaus Wessing
TENURE AS CEO 3.3 years
CEO Bio

Mr. Klaus Wessing has been the Chairman of The Executive Board and Chief Executive Officer of Gigaset AG since December 15, 2015 and serves as its Member of Management Board. Mr. Wessing served as the Managing Director of Gigaset Communications GmbH and Gigaset AG until December 15, 2015.

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

Klaus Wessing

TITLE
Chairman of the Executive Board & CEO
TENURE
3.3 yrs

Raphael Dorr

TITLE
Senior Vice President of Corporate Communications & Investor Relations
Board of Directors Tenure

Average tenure of the Gigaset board of directors in years:

2.3
Average Tenure
  • The average tenure for the Gigaset board of directors is less than 3 years, this suggests a new board.
Board of Directors

Helvin Wong

TITLE
Chairman of Supervisory Board
COMPENSATION
€98K
AGE
44
TENURE
0.3 yrs

Paolo Di Fraia

TITLE
Vice Chairman of Supervisory Board
COMPENSATION
€69K
TENURE
0.3 yrs

Ulrich Burkhardt

TITLE
Member of Supervisory Board
COMPENSATION
€64K
TENURE
4.3 yrs

Barbara Thätig

TITLE
Member of Supervisory Board
COMPENSATION
€53K
TENURE
0.3 yrs

Xiaojian Huang

TITLE
Member of Supervisory Board
COMPENSATION
€55K
TENURE
5.3 yrs

Flora Shiu

TITLE
Member of Supervisory Board
COMPENSATION
€64K
TENURE
5.3 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 Gigaset'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. Gigaset 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.

GGS News

Simply Wall St News

Is Gigaset AG (ETR:GGS) A Financially Sound Company?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St - –

Those Who Purchased Gigaset (ETR:GGS) Shares Five Years Ago Have A 53% Loss To Show For It

While it may not be enough for some shareholders, we think it is good to see the Gigaset AG (ETR:GGS) share price up 17% in a single quarter. … In that time the share price has delivered a rude shock to holders, who find themselves down 53% after a long stretch. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Simply Wall St - –

Gigaset AG (ETR:GGS): A Fundamentally Attractive Investment

Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Gigaset AG (ETR:GGS) due to its excellent fundamentals in more than one area.

Simply Wall St - –

Is Gigaset AG's (ETR:GGS) P/E Ratio Really That Good?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Gigaset has a price to earnings ratio of 6.44, based on the last twelve months. … How Do I Calculate A Price To Earnings Ratio

Simply Wall St - –

Should You Be Impressed By Gigaset AG's (ETR:GGS) ROE?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows Gigaset has a return on equity of 38% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St - –

Is It Too Late To Buy Gigaset AG (ETR:GGS)?

received a lot of attention from a substantial price movement on the XTRA over the last few months, increasing to €0.75 at one point, and dropping to the lows of €0.60. … A question to answer is whether Gigaset's current trading price of €0.60 reflective of the actual value of the? … Let’s take a look at Gigaset’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St - –

June Fundamental Stock Pick: Gigaset AG (XTRA:GGS)

Attractive stocks have exceptional fundamentals. … is a company with great financial health as well as a. … If you're interested in understanding beyond my high-level commentary,

Simply Wall St - –

Interested In Gigaset AG (ETR:GGS)? Here's What Its Recent Performance Looks Like

After looking at Gigaset AG's (XTRA:GGS) latest earnings announcement (31 December 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … View our latest analysis for Gigaset Commentary On GGS's Past Performance I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Since these figures are fairly myopic, I have estimated an annualized five-year value for Gigaset's earnings, which stands at -€11.40M This shows that, generally, Gigaset has been able to increasingly grow its earnings over the past few years as well.

Simply Wall St - –

Can Gigaset AG (ETR:GGS) Continue To Outperform Its Industry?

View our latest analysis for Gigaset Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Gigaset’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … 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 XTRA:GGS Last Perf May 8th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.

Simply Wall St - –

What Is Gigaset AG's (ETR:GGS) Share Price Doing?

This means that if you believe the current share price should move towards its intrinsic value over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range again. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … GGS’s future growth appears to have been factored into the current share price, with shares trading above its fair value.

Simply Wall St - –

GGS Company Info

Description

Gigaset AG operates in the area of telecommunications in Germany and internationally. The company operates through Consumer Products, Business Customers, Home Networks, and Mobile Devices segments. It offers digital enhanced cordless telecommunications (DECT) telephones; corded desk telephones, telephone systems, professional DECT systems, and mobile components for small and medium-sized enterprises; smart security solutions for condominiums and houses, including alarm systems, alarm sirens, cameras, sensors, light control products, and smart home apps and accessories; and smartphones and related accessories. The company also provides IP phones, ISDN phones, handsets, telephone accessories, telephone spare parts, and elderly phones. Gigaset AG also sells its smartphones through online. The company was formerly known as ARQUES Industries AG. Gigaset AG is headquartered in Munich, Germany. Gigaset AG is a subsidiary of Goldin Fund Pte. Ltd.

Details
Name: Gigaset AG
GGS
Exchange: XTRA
Founded:
€61,591,991
132,455,896
Website: http://www.gigaset.com/de_de/cms/gigaset-ag/investor-relations/unternehmen.html
Address: Gigaset AG
Bernhard-Wicki-Strasse 5,
Munich,
Bavaria, 80636,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA GGS Bearer Shares XETRA Trading Platform DE EUR 02. Oct 2006
DB GGS Bearer Shares Deutsche Boerse AG DE EUR 02. Oct 2006
LSE 0DLF Bearer Shares London Stock Exchange GB EUR 02. Oct 2006
BATS-CHIXE GGSD Bearer Shares BATS 'Chi-X Europe' GB EUR 02. Oct 2006
LSE 0DLF Common Stock London Stock Exchange GB EUR 25. Apr 2019
Number of employees
Current staff
Staff numbers
880
Gigaset employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 21:14
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2018/11/30
Last earnings reported: 2018/09/30
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.

Related Companies

© 2019 Simply Wall Street Pty Ltd, Community Design 2845206, US Design Patent #29/544/281, European Design Registration #2845206, Standard & Poor’s Financial Services LLC. All rights reserved.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2019, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2019)