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
In this section, we usually try to help investors determine whether Transtec is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Transtec has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Transtec. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Transtec's earnings available for a low price, and how does
this compare to other companies in the same industry?
Unable to compare the PB ratio to the industry average as no data exists.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Transtec's regulatory filings and announcements.
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Transtec has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Transtec's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Transtec's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Transtec's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Transtec is high growth as no earnings estimate data is available.
Unable to determine if Transtec is high growth as no revenue estimate data is available.
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.
Transtec's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
In this section we usually analyse Transtec's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Transtec has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.
Show me the analysis anyway
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
The net worth of a company is the difference between its assets and liabilities.
Unable to compare short term assets to short term liabilities as Transtec has not reported sufficient balance sheet data.
Unable to establish if Transtec's long term commitments exceed its cash and other short term assets as Transtec has not reported sufficient balance sheet data.
This treemap shows a more detailed breakdown of
Transtec'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Unable to establish if Transtec has a high level of physical assets or inventory without balance sheet data.
Unable to verify if debt is covered by short term assets as Transtec has not reported sufficient balance sheet data.
Nearly all companies have debt. Debt in itself isn’t
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.
All data from Transtec Company Filings, last reported 2 years ago.
DB:TTC Past Debt and Equity Data
Date (Data in EUR Millions)
Cash & Short Term Investments
Unable to establish if Transtec's level of debt is high without past debt data.
Unable to establish if Transtec's debt level has increased without past 5-year debt data.
Unable to verify if debt is well covered by operating cash flow as Transtec has not reported sufficient balance sheet data.
Unable to confirm if the interest payments on Transtec's debt are well covered by earnings due to lack of past financial data.
Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. Transtec's cash and debt levels may be found in its annual reports archived here.
Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Transtec's financial data was last updated here.
Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … See our latest analysis for Transtec What is cash burn? … How fast Transtec runs down its cash supply over time is known as the cash burn rate.
Who Are The Major Shareholders Of Transtec AG (FRA:TTC)?
See our latest analysis for Transtec DB:TTC Ownership_summary Mar 22nd 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … General Public Ownership The general public holds a substantial 97.59% stake in TTC, making it a highly popular stock among retail investors. … Next Steps: With a low level of institutional ownership, investors in TTC need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.
Is Transtec AG's (FRA:TTC) Balance Sheet Strong Enough To Weather A Storm?
Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: TTC’s debt and cash flow levels indicate room for improvement. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue.
transtec AG provides IT systems in Europe. The company offers personal computers (PCs), such as business tablets, all-in-one PCs, mini PCs, compact PCs, and silent PCs, as well as PCs for office, medical, and industrial use; workstations; and application, silent, infrastructure, datacenter, and virtualization servers. It also provides storage products; backup systems; network products, including unmanaged switches, managed switches, LAN switches, FC switches, InfiniBand switches, firewall systems, network adapters, and IoT gateways; and software solutions for data center infrastructure, such as virtualization, backup, virus protection, etc. In addition, the company offers high performance computing (HPC) solutions to calculate and simulate processes, and analyze measurement data. Its HPC solutions are used in meteorology, climatology, astro and particle physics, systems biology, genetics, and quantum chemistry or fluid mechanics areas. Further, the company provides customized systems and appliances. transtec AG was founded in 1980 and is based in Reutlingen, Germany.
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