ENXTPA:BIG

Stock Analysis Report

Executive Summary

BigBen Interactive designs, manufactures, and distributes accessories for video game consoles, and smartphones and tablets in France and internationally.


Snowflake Analysis

Very undervalued with solid track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BIG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.2%

BIG

2.1%

FR Consumer Durables

2.5%

FR Market


1 Year Return

24.1%

BIG

-25.9%

FR Consumer Durables

-18.6%

FR Market

Return vs Industry: BIG exceeded the French Consumer Durables industry which returned -25.9% over the past year.

Return vs Market: BIG exceeded the French Market which returned -18.6% over the past year.


Shareholder returns

BIGIndustryMarket
7 Day-0.2%2.1%2.5%
30 Day-28.7%-8.6%-17.0%
90 Day-34.5%-17.0%-25.0%
1 Year26.2%24.1%-24.5%-25.9%-15.7%-18.6%
3 Year82.2%76.5%-10.0%-14.5%0.8%-8.6%
5 Year206.3%196.6%64.2%48.5%10.8%-6.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is BigBen Interactive 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: BIG (€10.5) is trading below our estimate of fair value (€33.25)

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


Price To Earnings Ratio

PE vs Industry: BIG is good value based on its PE Ratio (10.5x) compared to the Consumer Durables industry average (12.7x).

PE vs Market: BIG is good value based on its PE Ratio (10.5x) compared to the French market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: BIG is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: BIG is good value based on its PB Ratio (1.2x) compared to the FR Consumer Durables industry average (2.2x).


Next Steps

Future Growth

How is BigBen Interactive forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

17.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BIG's forecast earnings growth (17.9% per year) is above the savings rate (-0.1%).

Earnings vs Market: BIG's earnings (17.9% per year) are forecast to grow faster than the French market (12.1% per year).

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

Revenue vs Market: BIG's revenue (10% per year) is forecast to grow faster than the French market (3.5% per year).

High Growth Revenue: BIG's revenue (10% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BIG's Return on Equity is forecast to be low in 3 years time (13.2%).


Next Steps

Past Performance

How has BigBen Interactive performed over the past 5 years?

54.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIG has high quality earnings.

Growing Profit Margin: BIG's current net profit margins (7.3%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: BIG has become profitable over the past 5 years, growing earnings by 54.9% per year.

Accelerating Growth: BIG's earnings growth over the past year (80%) exceeds its 5-year average (54.9% per year).

Earnings vs Industry: BIG earnings growth over the past year (80%) exceeded the Consumer Durables industry -3.2%.


Return on Equity

High ROE: BIG's Return on Equity (11.5%) is considered low.


Next Steps

Financial Health

How is BigBen Interactive's financial position?


Financial Position Analysis

Short Term Liabilities: BIG's short term assets (€176.1M) exceed its short term liabilities (€115.1M).

Long Term Liabilities: BIG's short term assets (€176.1M) exceed its long term liabilities (€55.4M).


Debt to Equity History and Analysis

Debt Level: BIG's debt to equity ratio (45.3%) is considered high.

Reducing Debt: BIG's debt to equity ratio has increased from 45.1% to 45.3% over the past 5 years.

Debt Coverage: BIG's debt is well covered by operating cash flow (35.6%).

Interest Coverage: BIG's interest payments on its debt are well covered by EBIT (18.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: BIG's debt is covered by short term assets (assets are 2.3x debt).


Next Steps

Dividend

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

1.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BIG's dividend (1.9%) isn’t notable compared to the bottom 25% of dividend payers in the French market (2.07%).

High Dividend: BIG's dividend (1.9%) is low compared to the top 25% of dividend payers in the French market (6.43%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20%), BIG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BIG's dividends in 3 years are forecast to be well covered by earnings (19.6% payout ratio).


Next Steps

Management

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

10.8yrs

Average board tenure


CEO

Alain Falc (59yo)

7.67s

Tenure

€200,000

Compensation

Mr. Alain Falc has been the Chief Executive Officer of BigBen Interactive since July 2012. Mr. Falc serves as Chief Executive Officer of Modelabs Group. He serves as President of SAS Bigben Connected, SAS  ...


CEO Compensation Analysis

Compensation vs Market: Alain's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD458.92K).

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


Board Members

NamePositionTenureCompensationOwnership
Alain Falc
Chairman & CEO7.67yrs€200.00k13.26% 27.4m
Sébastien Bolloré
Head of New Technologies Segment & Director9.67yrs€10.00k0.41% 846.7k
Sylvie Pannetier
Head of Credit Management and Directorno data€15.00kno data
Florence Lagrange
Indepedent Directorno data€10.00kno data
Jean-Christophe Thiery
Director7.67yrs€10.00kno data
Jean-Marie De Cherade
Independent Director11.83yrs€15.00kno data
Richard Mamez
3.67yrs€10.00kno data
Jacqueline De Vrieze
Director16.42yrs€8.89kno data

10.8yrs

Average Tenure

51yo

Average Age

Experienced Board: BIG's board of directors are seasoned and experienced ( 10.8 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 been diluted in the past year, with total shares outstanding growing by 6%.


Top Shareholders

Company Information

BigBen Interactive's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BigBen Interactive
  • Ticker: BIG
  • Exchange: ENXTPA
  • Founded: 1981
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: €206.844m
  • Shares outstanding: 19.70m
  • Website: https://www.bigben-group.com

Number of Employees


Location

  • BigBen Interactive
  • 396, Rue de la Voyette
  • CRT 2 – FRETIN
  • Lesquin
  • Nord-Pas-de-Calais
  • 59818
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIGENXTPA (Euronext Paris)YesOrdinary SharesFREUROct 1999
0O0ELSE (London Stock Exchange)YesOrdinary SharesGBEUROct 1999
BIGPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEUROct 1999

Biography

BigBen Interactive designs, manufactures, and distributes accessories for video game consoles, and smartphones and tablets in France and internationally. It also offers audio products; and publishes and distributes video games, as well as provides technical support services. The company was founded in 1981 and is headquartered in Lesquin, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 22:44
End of Day Share Price2020/03/31 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.