XTRA:UDC

Stock Analysis Report

Executive Summary

UniDevice AG, together with its subsidiary, PPA International AG, engages in the wholesale of mobile phones worldwide.


Snowflake Analysis

Very undervalued with reasonable growth potential.

Share Price & News

How has UniDevice's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UDC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.2%

UDC

1.6%

DE Electronic

-0.6%

DE Market


1 Year Return

-10.3%

UDC

-28.3%

DE Electronic

-20.9%

DE Market

Return vs Industry: UDC exceeded the German Electronic industry which returned -28.3% over the past year.

Return vs Market: UDC exceeded the German Market which returned -20.9% over the past year.


Shareholder returns

UDCIndustryMarket
7 Day11.2%1.6%-0.6%
30 Day-9.2%-19.3%-20.0%
90 Day-6.1%-23.2%-26.3%
1 Year-10.3%-10.3%-26.8%-28.3%-18.6%-20.9%
3 Yearn/a-4.0%-7.1%-19.0%-25.8%
5 Yearn/a53.5%42.4%-21.1%-31.8%

Price Volatility Vs. Market

How volatile is UniDevice's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UDC (€1.39) is trading below our estimate of fair value (€3.46)

Significantly Below Fair Value: UDC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UDC is good value based on its PE Ratio (9.6x) compared to the Electronic industry average (18.7x).

PE vs Market: UDC is good value based on its PE Ratio (9.6x) compared to the German market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: UDC is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: UDC is good value based on its PB Ratio (1.1x) compared to the DE Electronic industry average (1.2x).


Next Steps

Future Growth

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

24.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UDC's forecast earnings growth (24.7% per year) is above the savings rate (-0.4%).

Earnings vs Market: UDC's earnings (24.7% per year) are forecast to grow faster than the German market (14.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: UDC's revenue (8.2% per year) is forecast to grow faster than the German market (3.9% per year).

High Growth Revenue: UDC's revenue (8.2% 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 UDC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has UniDevice performed over the past 5 years?

144.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: UDC has high quality earnings.

Growing Profit Margin: UDC's current net profit margins (0.6%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if UDC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare UDC's past year earnings growth to its 5-year average.

Earnings vs Industry: UDC earnings growth over the past year (144.4%) exceeded the Electronic industry -7.4%.


Return on Equity

High ROE: UDC's Return on Equity (11.8%) is considered low.


Next Steps

Financial Health

How is UniDevice's financial position?


Financial Position Analysis

Short Term Liabilities: UDC's short term assets (€9.7M) exceed its short term liabilities (€1.7M).

Long Term Liabilities: UDC's short term assets (€9.7M) exceed its long term liabilities (€4.5M).


Debt to Equity History and Analysis

Debt Level: UDC's debt to equity ratio (24.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if UDC's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: UDC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: UDC's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet

Inventory Level: UDC has a low level of unsold assets or inventory.

Debt Coverage by Assets: UDC's debt is covered by short term assets (assets are 2.1x debt).


Next Steps

Dividend

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

7.91%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate UDC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate UDC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if UDC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UDC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UDC's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

  • Explore strong dividend paying companies in the Tech industry.

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Christian Pahl

2.67s

Tenure

Dr. Christian Pahl is Chief Executive Officer and Member of the Management Board at UniDevice AG and PPA International AG since August 2017. Prior to joining UniDevice in August 2017, he has been the sole  ...


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

UniDevice AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: UniDevice AG
  • Ticker: UDC
  • Exchange: XTRA
  • Founded: 2014
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: €20.920m
  • Shares outstanding: 15.05m
  • Website: https://www.unidevice.de

Number of Employees


Location

  • UniDevice AG
  • Mittelstrasse 7
  • Schonefeld
  • Brandenburg
  • 12529
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UDCDB (Deutsche Boerse AG)YesBearer SharesDEEURMar 2018
UDCXTRA (XETRA Trading Platform)YesBearer SharesDEEURMar 2018

Biography

UniDevice AG, together with its subsidiary, PPA International AG, engages in the wholesale of mobile phones worldwide. The company was founded in 2014 and is based in Schönefeld, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 06:26
End of Day Share Price2020/04/03 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.