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BLH

BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- DB:BLH Stock Report

Last Price

€10.50

Market Cap

€40.3m

7D

5.5%

1Y

-10.3%

Updated

29 Jun, 2022

Data

Company Financials
BLH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends1/6

BLH Stock Overview

BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- provides seaport-oriented logistics services worldwide.

BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-
Historical stock prices
Current Share Price€10.50
52 Week High€12.40
52 Week Low€8.95
Beta0.19
1 Month Change-8.70%
3 Month Change-3.67%
1 Year Change-10.26%
3 Year Change-17.32%
5 Year Change-23.91%
Change since IPO5.00%

Recent News & Updates

Jun 16
Is BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- (FRA:BLH) A Risky Investment?

Is BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- (FRA:BLH) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

BLHDE InfrastructureDE Market
7D5.5%-7.7%-1.3%
1Y-10.3%-24.9%-22.2%

Return vs Industry: BLH exceeded the German Infrastructure industry which returned -21.8% over the past year.

Return vs Market: BLH exceeded the German Market which returned -21.5% over the past year.

Price Volatility

Is BLH's price volatile compared to industry and market?
BLH volatility
BLH Average Weekly Movement12.0%
Infrastructure Industry Average Movement4.1%
Market Average Movement5.6%
10% most volatile stocks in DE Market10.2%
10% least volatile stocks in DE Market2.9%

Stable Share Price: BLH is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BLH's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
187711,952Frank Dreekehttps://www.blg-logistics.com

BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- provides seaport-oriented logistics services worldwide. Its Automobile division offers car handling and warehouse logistics; technical services, such as pre-delivery inspection, special installations, and conversions for new and used vehicles; logistics for offshore and onshore wind energy, and high and heavy handlings; and transport services by road, rail, and inland waterways. This division also engages in the transshipment, storage, and handling of paper and forest products, pipes, sheet metal, and project cargoes, as well as handling of other heavy or bulky goods.

BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- Fundamentals Summary

How do BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-'s earnings and revenue compare to its market cap?
BLH fundamental statistics
Market Cap€40.32m
Earnings (TTM)€1.15m
Revenue (TTM)€1.05b

34.9x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLH income statement (TTM)
Revenue€1.05b
Cost of Revenue€903.07m
Gross Profit€147.37m
Other Expenses€146.22m
Earnings€1.15m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Sep 30, 2022

Earnings per share (EPS)0.30
Gross Margin14.03%
Net Profit Margin0.11%
Debt/Equity Ratio168.4%

How did BLH perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

100%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BLH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BLH?

Other financial metrics that can be useful for relative valuation.

BLH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA70.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BLH's PE Ratio compare to its peers?

BLH PE Ratio vs Peers
The above table shows the PE ratio for BLH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.5x
EUK3 EUROKAI GmbH KGaA
5.8x-7.8%€441.8m
HHFA Hamburger Hafen und Logistik
9.1x-4.6%€1.0b
MLL Müller - Die lila Logistik
4.4xn/a€44.2m
DE1 Deufol
26.3xn/a€33.7m
BLH BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-
34.9xn/a€40.3m

Price-To-Earnings vs Peers: BLH is expensive based on its Price-To-Earnings Ratio (34.9x) compared to the peer average (11.5x).


Price to Earnings Ratio vs Industry

How does BLH's PE Ratio compare vs other companies in the European Infrastructure Industry?

Price-To-Earnings vs Industry: BLH is expensive based on its Price-To-Earnings Ratio (34.9x) compared to the European Infrastructure industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is BLH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BLH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BLH's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BLH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BLH (€10.5) is trading below our estimate of fair value (€30.24)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLH's PEG Ratio to determine if it is good value.


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Future Growth

How is BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


45.3%

Forecasted Transportation industry annual growth in earnings

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 BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- 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 SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of BLH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-12.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BLH has a large one-off gain of €15.7M impacting its December 31 2021 financial results.

Growing Profit Margin: BLH's current net profit margins (0.1%) are higher than last year (0.1%).


Past Earnings Growth Analysis

Earnings Trend: BLH's earnings have declined by 12.5% per year over the past 5 years.

Accelerating Growth: BLH's earnings growth over the past year (3.3%) exceeds its 5-year average (-12.5% per year).

Earnings vs Industry: BLH earnings growth over the past year (3.3%) underperformed the Infrastructure industry 26.9%.


Return on Equity

High ROE: Whilst BLH's Return on Equity (32.35%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-'s financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BLH's short term assets (€266.0M) do not cover its short term liabilities (€319.4M).

Long Term Liabilities: BLH's short term assets (€266.0M) do not cover its long term liabilities (€742.5M).


Debt to Equity History and Analysis

Debt Level: BLH's net debt to equity ratio (146.7%) is considered high.

Reducing Debt: BLH's debt to equity ratio has increased from 101.9% to 168.4% over the past 5 years.

Debt Coverage: BLH's debt is well covered by operating cash flow (25.7%).

Interest Coverage: Insufficient data to determine if BLH's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.86%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BLH's dividend (2.86%) is higher than the bottom 25% of dividend payers in the German market (1.45%).

High Dividend: BLH's dividend (2.86%) is low compared to the top 25% of dividend payers in the German market (4.49%).


Stability and Growth of Payments

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

Growing Dividend: BLH's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (99.8%), BLH's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: BLH is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

3.7yrs

Average management tenure


CEO

Frank Dreeke (62 yo)

9.42yrs

Tenure

€1,591,000

Compensation

Mr. Frank Dreeke has been the Chairman of Management Board at BLG Logistics Group AG & Co. KG since June 01, 2013 and has been its Member of Management Board since January 2013. Mr. Dreeke has been a Membe...


CEO Compensation Analysis

Compensation vs Market: Frank's total compensation ($USD1.67M) is above average for companies of similar size in the German market ($USD398.98K).

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


Leadership Team

Experienced Management: BLH's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: BLH's board of directors are considered experienced (6.4 years average tenure).


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

BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-'s employee growth, exchange listings and data sources


Key Information

  • Name: BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-
  • Ticker: BLH
  • Exchange: DB
  • Founded: 1877
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Implied Market Cap: €40.320m
  • Shares outstanding: 3.84m
  • Website: https://www.blg-logistics.com

Number of Employees


Location

  • BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-
  • Präsident-Kennedy-Platz 1
  • Bremen
  • Bremen
  • 28203
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.