N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide.
Outstanding track record with flawless balance sheet.
Share Price & News
How has N.V. Nederlandsche Apparatenfabriek Nedap's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NE3's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NE3 matched the German Electronic industry which returned -26.3% over the past year.
Return vs Market: NE3 underperformed the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is N.V. Nederlandsche Apparatenfabriek Nedap's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is N.V. Nederlandsche Apparatenfabriek Nedap undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NE3 (€35.5) is trading above our estimate of fair value (€28.24)
Significantly Below Fair Value: NE3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NE3 is good value based on its PE Ratio (9.3x) compared to the Electronic industry average (15.8x).
PE vs Market: NE3 is good value based on its PE Ratio (9.3x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: NE3 is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: NE3 is overvalued based on its PB Ratio (3.1x) compared to the DE Electronic industry average (1.1x).
How is N.V. Nederlandsche Apparatenfabriek Nedap forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NE3's forecast earnings growth (2.8% per year) is above the savings rate (-0.4%).
Earnings vs Market: NE3's earnings (2.8% per year) are forecast to grow slower than the German market (14.3% per year).
High Growth Earnings: NE3's earnings are forecast to grow, but not significantly.
Revenue vs Market: NE3's revenue (5.9% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: NE3's revenue (5.9% 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 NE3's Return on Equity is forecast to be high in 3 years time
How has N.V. Nederlandsche Apparatenfabriek Nedap performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NE3 has high quality earnings.
Growing Profit Margin: NE3's current net profit margins (12.6%) are higher than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: NE3's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: NE3's earnings growth over the past year (41.3%) exceeds its 5-year average (10.7% per year).
Earnings vs Industry: NE3 earnings growth over the past year (41.3%) exceeded the Electronic industry -7.4%.
Return on Equity
High ROE: NE3's Return on Equity (32.8%) is considered high.
How is N.V. Nederlandsche Apparatenfabriek Nedap's financial position?
Financial Position Analysis
Short Term Liabilities: NE3's short term assets (€78.3M) exceed its short term liabilities (€29.1M).
Long Term Liabilities: NE3's short term assets (€78.3M) exceed its long term liabilities (€17.8M).
Debt to Equity History and Analysis
Debt Level: NE3's debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: NE3's debt to equity ratio has reduced from 38% to 19.3% over the past 5 years.
Debt Coverage: NE3's debt is well covered by operating cash flow (207.9%).
Interest Coverage: NE3's interest payments on its debt are well covered by EBIT (80.2x coverage).
Inventory Level: NE3 has a high level of physical assets or inventory.
Debt Coverage by Assets: NE3's debt is covered by short term assets (assets are 5.5x debt).
What is N.V. Nederlandsche Apparatenfabriek Nedap's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NE3's dividend (12.89%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: NE3's dividend (12.89%) is in the top 25% of dividend payers in the German market (4.97%)
Stability and Growth of Payments
Stable Dividend: NE3's dividend payments have been volatile in the past 10 years.
Growing Dividend: NE3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (120.2%), NE3's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NE3's dividends in 3 years are not forecast to be well covered by earnings (102.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ruben Wegman (53yo)
Drs. Ruben M. Wegman serves as Chief Executive Officer at N.V. Nederlandsche Apparatenfabriek Nedap and served as its Interim Head of Energy Systems. Drs. Wegman served as Interim Head of Energy Systems at ...
CEO Compensation Analysis
Compensation vs Market: Ruben's total compensation ($USD851.72K) is about average for companies of similar size in the German market ($USD765.33K).
Compensation vs Earnings: Ruben's compensation has been consistent with company performance over the past year.
|Chairman of Management Board & CEO||no data||€772.00k||0.57% €1.3m|
|MD of Retail & Member of Management Board||1.17yrs||no data||no data|
|MD of Security Management & Member of Management Board||1.17yrs||no data||no data|
|GM of Healthcare & Member of Management Board||1.17yrs||no data||no data|
Experienced Management: NE3's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|Supervisory Board Vice Chairman||3.17yrs||€30.00k||no data|
|Member of Supervisory Board||1.83yrs||€30.00k||no data|
|Chairman of Supervisory Board||7.83yrs||€40.00k||no data|
|Supervisory Board Member||0.83yr||€23.00k||no data|
Experienced Board: NE3's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
N.V. Nederlandsche Apparatenfabriek Nedap's company bio, employee growth, exchange listings and data sources
- Name: N.V. Nederlandsche Apparatenfabriek Nedap
- Ticker: NE3
- Exchange: DB
- Founded: 1929
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: €232.302m
- Shares outstanding: 6.45m
- Website: https://www.nedap.com
Number of Employees
- N.V. Nederlandsche Apparatenfabriek Nedap
- Parallelweg 2
- 7141 DC
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NEDAP||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jan 1992|
|NE3||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0NNU||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|NEDAPA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|NDDL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. The company provides software solutions for healthcare industry; and vehicle and people identification products and wireless parking systems. It also offers RFID systems for libraries; power electronics and control systems for the lighting industry; and automation of livestock management process based on identification of individual animals. In addition, the company provides various solutions to improve in-store product availability in the retail sector; security management solutions; and staffing solutions. N.V. Nederlandsche Apparatenfabriek Nedap was founded in 1929 and is headquartered in Groenlo, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 22:48|
|End of Day Share Price||2020/03/31 00:00|
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.