DB:DAM

Stock Analysis Report

DATA MODUL Produktion und Vertrieb von elektronischen Systemen

Executive Summary

DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen develops, manufactures, and distributes flatbed displays, monitors, electronic subassemblies, and information systems.

Rewards

Trading at 3.3% below its fair value

Earnings are forecast to grow 18.68% per year

Risk Analysis

Dividend of 4.03% is not well covered by earnings



Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

How has DATA MODUL Produktion und Vertrieb von elektronischen Systemen's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.4%

DAM

-0.4%

DE Electronic

0.1%

DE Market


1 Year Return

-27.9%

DAM

10.9%

DE Electronic

14.1%

DE Market

Return vs Industry: DAM underperformed the German Electronic industry which returned 10.9% over the past year.

Return vs Market: DAM underperformed the German Market which returned 14.1% over the past year.


Shareholder returns

DAMIndustryMarket
7 Day-0.4%-0.4%0.1%
30 Day0%7.3%0.2%
90 Day-3.5%6.3%3.3%
1 Year-27.7%-27.9%13.4%10.9%17.6%14.1%
3 Year-16.4%-16.8%47.9%43.0%14.8%4.8%
5 Year81.0%78.9%113.8%98.5%22.2%5.4%

Price Volatility Vs. Market

How volatile is DATA MODUL Produktion und Vertrieb von elektronischen Systemen's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DATA MODUL Produktion und Vertrieb von elektronischen Systemen undervalued compared to its fair value and its price relative to the market?

3.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DAM (€49.2) is trading below our estimate of fair value (€50.89)

Significantly Below Fair Value: DAM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DAM is good value based on its PE Ratio (18.5x) compared to the Electronic industry average (33.9x).

PE vs Market: DAM is good value based on its PE Ratio (18.5x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: DAM is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: DAM is good value based on its PB Ratio (1.8x) compared to the DE Electronic industry average (1.8x).


Next Steps

Future Growth

How is DATA MODUL Produktion und Vertrieb von elektronischen Systemen forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

18.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAM's forecast earnings growth (18.7% per year) is above the savings rate (-0.4%).

Earnings vs Market: DAM's earnings (18.7% per year) are forecast to grow faster than the German market (13.3% per year).

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

Revenue vs Market: DAM's revenue (4.4% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: DAM's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DAM's Return on Equity is forecast to be low in 3 years time (10.6%).


Next Steps

Past Performance

How has DATA MODUL Produktion und Vertrieb von elektronischen Systemen performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DAM has high quality earnings.

Growing Profit Margin: DAM's current net profit margins (4.3%) are lower than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: DAM's earnings have grown by 10.2% per year over the past 5 years.

Accelerating Growth: DAM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DAM had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Electronic industry average (-3.9%).


Return on Equity

High ROE: DAM's Return on Equity (9.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is DATA MODUL Produktion und Vertrieb von elektronischen Systemen's financial position?


Financial Position Analysis

Short Term Liabilities: DAM's short term assets (€109.1M) exceed its short term liabilities (€31.3M).

Long Term Liabilities: DAM's short term assets (€109.1M) exceed its long term liabilities (€18.1M).


Debt to Equity History and Analysis

Debt Level: DAM's debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: DAM's debt to equity ratio has reduced from 32.1% to 4.3% over the past 5 years.

Debt Coverage: DAM's debt is well covered by operating cash flow (311.3%).

Interest Coverage: DAM's interest payments on its debt are well covered by EBIT (34x coverage).


Balance Sheet

Inventory Level: DAM has a high level of physical assets or inventory.

Debt Coverage by Assets: DAM's debt is covered by short term assets (assets are 26x debt).


Next Steps

Dividend

What is DATA MODUL Produktion und Vertrieb von elektronischen Systemen's current dividend yield, its reliability and sustainability?

4.03%

Current Dividend Yield


Dividend Yield vs Market

company4.0%marketbottom25%1.3%markettop25%3.6%industryaverage1.2%forecastin3Years0.2%

Current dividend yield vs market & industry

Notable Dividend: DAM's dividend (4.03%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: DAM's dividend (4.03%) is in the top 25% of dividend payers in the German market (3.57%)


Stability and Growth of Payments

Stable Dividend: DAM's dividend payments have been volatile in the past 10 years.

Growing Dividend: DAM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (74.7%), DAM's dividend payments are covered by earnings.


Future Payout to Shareholders

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

€481k

CEO Compensation


CEO

Florian Pesahl 0

4.6yrs

Tenure

€481,000

Compensation

Dr. Florian Pesahl has been the Chairman of Executive Board at Data Modul AG since July 2015. Dr. Pesahl has been the Member of Executive Board at Data Modul AG since January 1, 2010 and serves as its Chie ...


CEO Compensation Analysis

Compensation vs Market: Florian's total compensation ($USD520.34K) is about average for companies of similar size in the German market ($USD620.49K).

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


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

DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen
  • Ticker: DAM
  • Exchange: DB
  • Founded: 1972
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: €174.899m
  • Shares outstanding: 3.53m
  • Website: https://www.data-modul.com

Number of Employees


Location

  • DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen
  • Landsberger Strasse 322
  • Munich
  • Bavaria
  • 80687
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DAMDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1992
DAMXTRA (XETRA Trading Platform)YesCommon StockDEEURMar 1992
0E3FLSE (London Stock Exchange)YesCommon StockGBEURMar 1992
DAMdBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURMar 1992

Biography

DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen develops, manufactures, and distributes flatbed displays, monitors, electronic subassemblies, and information systems. It operates through two segments, Displays and Systems. The company manufactures and distributes TFT, touch, passive, customized, memory-in-pixel, and OLED displays. It also provides projected capacitive touch solutions, resistive touch screens, touch panels and controller solutions, optical human machine interface components and solutions, and optical bonding; and LCD controller boards, CPU boards, and embedded box PCs, as well as embedded computing design services. In addition, the company offers various monitors, panel PC solutions, and passenger information systems, as well as develops customized system solutions for various applications. It primarily serves customers in the mechanical engineering, medical device technology, automotive, and gaming industries in Germany and internationally. The company was founded in 1972 and is headquartered in Munich, Germany. DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen operates as a subsidiary of Arrow Electronics, Inc. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 20:38
End of Day Share Price2020/02/19 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.