comdirect bank AG, together with its subsidiaries, engages in direct banking and online securities businesses in Germany.
Adequate balance sheet with proven track record.
Share Price & News
How has comdirect bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0N7O has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0N7O exceeded the UK Banks industry which returned -33.5% over the past year.
Return vs Market: 0N7O exceeded the UK Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is comdirect bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is comdirect bank 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: 0N7O (€12.86) is trading above our estimate of fair value (€7.36)
Significantly Below Fair Value: 0N7O is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0N7O is poor value based on its PE Ratio (32.4x) compared to the Banks industry average (4.6x).
PE vs Market: 0N7O is poor value based on its PE Ratio (32.4x) compared to the UK market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0N7O is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: 0N7O is overvalued based on its PB Ratio (2.4x) compared to the GB Banks industry average (0.5x).
How is comdirect bank forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0N7O's forecast earnings growth (13.4% per year) is above the savings rate (0.5%).
Earnings vs Market: 0N7O's earnings (13.4% per year) are forecast to grow slower than the UK market (15.4% per year).
High Growth Earnings: 0N7O's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0N7O's revenue (5.6% per year) is forecast to grow faster than the UK market (2.6% per year).
High Growth Revenue: 0N7O's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0N7O's Return on Equity is forecast to be low in 3 years time (11.3%).
How has comdirect bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0N7O has high quality earnings.
Growing Profit Margin: 0N7O's current net profit margins (15.4%) are higher than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: 0N7O's earnings have declined by -12% per year over the past 5 years.
Accelerating Growth: 0N7O's earnings growth over the past year (43%) exceeds its 5-year average (-12% per year).
Earnings vs Industry: 0N7O earnings growth over the past year (43%) exceeded the Banks industry 29.6%.
Return on Equity
High ROE: 0N7O's Return on Equity (7.3%) is considered low.
How is comdirect bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0N7O has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0N7O's debt is covered by short term assets (assets are 4424x debt).
Financial Institutions Analysis
Asset Level: 0N7O's level of assets compared to its equity is very high.
Allowance for Bad Loans: 0N7O has a low allowance for bad loans.
Low Risk Liabilities: 0N7O's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0N7O has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0N7O's loans are broadly funded by customer deposits.
Level of Bad Loans: 0N7O has an appropriate level of bad loans (0.22%)
What is comdirect bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0N7O's dividend (2.73%) is higher than the bottom 25% of dividend payers in the UK market (2.7%).
High Dividend: 0N7O's dividend (2.73%) is low compared to the top 25% of dividend payers in the UK market (7.3%).
Stability and Growth of Payments
Stable Dividend: 0N7O's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0N7O's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.6%), 0N7O's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0N7O's dividends in 3 years are forecast to be covered by earnings (51.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Frauke Hegemann (43yo)
Ms. Frauke Hegemann has been the Chief Executive Officer at comdirect bank AG since January 1, 2020 and its Chairman of Management Board. She had been Chief Operating Officer of comdirect bank AG since Apr ...
CEO Compensation Analysis
Compensation vs Market: Frauke's total compensation ($USD323.76K) is below average for companies of similar size in the UK market ($USD1.93M).
Compensation vs Earnings: Insufficient data to compare Frauke's compensation with company performance.
|CEO & Chairman of Management Board||0.17yr||€292.00k||no data|
|CFO, CIO & Member of the Board of Managing Directors||3.67yrs||€502.00k||no data|
|Chief Marketing Officer & Member of the Board of Managing Directors||2.17yrs||€456.00k||no data|
|Head of Investor Relations||no data||no data||no data|
|Head of Legal Affairs & Compliance||14.58yrs||no data||no data|
|Head of Corporate Communications||no data||no data||no data|
|Head of Information Security & Outsourcing||no data||no data||no data|
|Head of Brokerage in Product Management||no data||no data||no data|
Experienced Management: 0N7O's management team is considered experienced (2.9 years average tenure).
|Member of Supervisory Board||3.83yrs||no data||no data|
|Member of the Supervisory Board||7.83yrs||€42.00k||no data|
|Co-Chairman of the supervisory board||no data||€29.00k||no data|
|Member of the Supervisory Board||5.83yrs||€35.00k||no data|
|Chairman of the Supervisory Board||no data||€59.00k||no data|
|Member of Supervisory Board||no data||no data||no data|
Experienced Board: 0N7O's board of directors are considered experienced (5.8 years average tenure).
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.
comdirect bank AG's company bio, employee growth, exchange listings and data sources
- Name: comdirect bank AG
- Ticker: 0N7O
- Exchange: LSE
- Founded: 1994
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €1.799b
- Shares outstanding: 141.22m
- Website: https://www.comdirect.de
Number of Employees
- comdirect bank AG
- Pascalkehre 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|A255FJ||DB (Deutsche Boerse AG)||NPV (ASD 06/12/2019 COMMERZ||DE||EUR||No data|
|COM||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2000|
|0N7O||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 2000|
|COM||XTRA (XETRA Trading Platform)||Yes||Ordinary Shares||DE||EUR||Jun 2000|
|COMD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2000|
|COMD||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jun 2000|
comdirect bank AG, together with its subsidiaries, engages in direct banking and online securities businesses in Germany. It offers brokerage, banking, and advisory services to private customers. The company was founded in 1994 and is headquartered in Quickborn, Germany. comdirect bank AG is a subsidiary of Commerzbank Inlandsbanken Holding GmbH.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:09|
|End of Day Share Price||2020/03/20 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.