Loading...

DP Eurasia

LSE:DPEU
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DPEU
LSE
£130M
Market Cap
  1. Home
  2. GB
  3. Consumer Services
Company description

DP Eurasia N.V. operates company and franchise-owned stores under the Domino’s Pizza brand. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
DPEU Share Price and Events
7 Day Returns
-3.7%
LSE:DPEU
1.4%
GB Hospitality
1%
GB Market
1 Year Returns
-44.3%
LSE:DPEU
-9.3%
GB Hospitality
-6.3%
GB Market
DPEU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DP Eurasia (DPEU) -3.7% 0.5% -7.7% -44.3% - -
GB Hospitality 1.4% -0.1% -2.8% -9.3% 9% 28.4%
GB Market 1% -1.8% 1.5% -6.3% 14.4% 2%
1 Year Return vs Industry and Market
  • DPEU underperformed the Hospitality industry which returned -9.3% over the past year.
  • DPEU underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -6.3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

DPEU Value

 Is DP Eurasia undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of DP Eurasia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for DP Eurasia.

LSE:DPEU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:DPEU
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.932 (1 + (1- 25%) (21.54%))
1.055
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.055 * 5.96%)
7.51%

Discounted Cash Flow Calculation for LSE:DPEU using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for DP Eurasia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:DPEU DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TRY, Millions) Source Present Value
Discounted (@ 7.51%)
2019 37.48 Analyst x3 34.86
2020 45.62 Analyst x3 39.47
2021 80.28 Analyst x3 64.60
2022 131.50 Analyst x2 98.41
2023 138.00 Analyst x1 96.06
2024 143.17 Est @ 3.75% 92.69
2025 147.45 Est @ 2.99% 88.79
2026 151.08 Est @ 2.46% 84.62
2027 154.24 Est @ 2.09% 80.35
2028 157.07 Est @ 1.83% 76.11
Present value of next 10 years cash flows TRY755.97
LSE:DPEU DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= TRY157.07 × (1 + 1.23%) ÷ (7.51% – 1.23%)
TRY2,528.81
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= TRY2,528.81 ÷ (1 + 7.51%)10
TRY1,225.33
LSE:DPEU Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= TRY755.97 + TRY1,225.33
TRY1,981.30
Equity Value per Share
(TRY)
= Total value / Shares Outstanding
= TRY1,981.30 / 145.37
TRY13.63
LSE:DPEU Discount to Share Price
Calculation Result
Exchange Rate TRY/GBP
(Reporting currency to currency of LSE:DPEU)
0.13
Value per Share
(GBP)
= Value per Share in TRY x Exchange Rate (TRY/GBP)
= TRY13.63 x 0.13
£1.77
Value per share (GBP) From above. £1.77
Current discount Discount to share price of £0.89
= -1 x (£0.89 - £1.77) / £1.77
49.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price DP Eurasia is available for.
Intrinsic value
49%
Share price is £0.89 vs Future cash flow value of £1.77
Current Discount Checks
For DP Eurasia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • DP Eurasia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • DP Eurasia's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 DP Eurasia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DP Eurasia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:DPEU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in TRY TRY-0.08
LSE:DPEU Share Price ** LSE (2019-05-22) in GBP £0.89
LSE:DPEU Share Price converted to TRY reporting currency Exchange rate (GBP/ TRY) 7.721 TRY6.89
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PE Ratio Median Figure of 34 Publicly-Listed Hospitality Companies 18.17x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 788 Publicly-Listed Companies 16.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DP Eurasia.

LSE:DPEU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:DPEU Share Price ÷ EPS (both in TRY)

= 6.89 ÷ -0.08

-90.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DP Eurasia is loss making, we can't compare its value to the GB Hospitality industry average.
  • DP Eurasia is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does DP Eurasia's expected growth come at a high price?
Raw Data
LSE:DPEU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -90.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PEG Ratio Median Figure of 28 Publicly-Listed Hospitality Companies 2.06x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for DP Eurasia, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DP Eurasia's assets?
Raw Data
LSE:DPEU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in TRY TRY0.95
LSE:DPEU Share Price * LSE (2019-05-22) in GBP £0.89
LSE:DPEU Share Price converted to TRY reporting currency Exchange rate (GBP/ TRY) 7.721 TRY6.89
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PB Ratio Median Figure of 54 Publicly-Listed Hospitality Companies 1.42x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.51x
LSE:DPEU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:DPEU Share Price ÷ Book Value per Share (both in TRY)

= 6.89 ÷ 0.95

7.23x

* Primary Listing of DP Eurasia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DP Eurasia is overvalued based on assets compared to the GB Hospitality industry average.
X
Value checks
We assess DP Eurasia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. DP Eurasia has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DPEU Future Performance

 How is DP Eurasia expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
15.4%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is DP Eurasia expected to grow at an attractive rate?
  • Unable to compare DP Eurasia's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare DP Eurasia's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • DP Eurasia's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:DPEU Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:DPEU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 15.4%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:DPEU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in TRY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:DPEU Future Estimates Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,936 2
2022-12-31 1,658 222 2
2021-12-31 1,387 177 4
2020-12-31 1,198 141 5
2019-12-31 1,018 108 4
LSE:DPEU Past Financials Data
Date (Data in TRY Millions) Revenue Cash Flow Net Income *
2018-12-31 857 69 -11
2018-09-30 788 48 -9
2018-06-30 726 27 -2
2018-03-31 678 34 -6
2017-12-31 626 49 0
2017-09-30 580 47 11
2017-06-30 530 45 19
2017-03-31 489 42 32
2016-12-31 451 2 29

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if DP Eurasia is high growth as no earnings estimate data is available.
  • DP Eurasia's revenue is expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).
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.
Raw Data
LSE:DPEU Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from DP Eurasia Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:DPEU Future Estimates Data
Date (Data in TRY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
LSE:DPEU Past Financials Data
Date (Data in TRY Millions) EPS *
2018-12-31 -0.08
2018-09-30 -0.06
2018-06-30 -0.01
2018-03-31 -0.05
2017-12-31 0.00
2017-09-30 0.28
2017-06-30 4.11
2017-03-31 7.13
2016-12-31 6.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • DP Eurasia is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess DP Eurasia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DP Eurasia has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DPEU Past Performance

  How has DP Eurasia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DP Eurasia's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DP Eurasia does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare DP Eurasia's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare DP Eurasia's 1-year growth to the GB Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
DP Eurasia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DP Eurasia Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:DPEU Past Revenue, Cash Flow and Net Income Data
Date (Data in TRY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 856.87 -11.09 240.44
2018-09-30 787.94 -8.80 229.59
2018-06-30 725.51 -1.77 219.21
2018-03-31 677.73 -5.83 203.15
2017-12-31 626.47 0.09 191.28
2017-09-30 580.17 10.91 171.66
2017-06-30 529.50 18.65 151.66
2017-03-31 489.10 32.37 141.31
2016-12-31 451.10 29.32 130.19
2015-12-31 375.00 -22.94 117.40
2014-12-31 319.17 -15.94 107.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if DP Eurasia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • DP Eurasia used its assets less efficiently than the GB Hospitality industry average last year based on Return on Assets.
  • It is difficult to establish if DP Eurasia improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess DP Eurasia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
DP Eurasia 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.

Full details on the Past part of the Simply Wall St company analysis model.

DPEU Health

 How is DP Eurasia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DP Eurasia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DP Eurasia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DP Eurasia's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of DP Eurasia'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from DP Eurasia Company Filings, last reported 4 months ago.

LSE:DPEU Past Debt and Equity Data
Date (Data in TRY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 138.45 215.61 28.44
2018-09-30 138.45 215.61 28.44
2018-06-30 130.94 283.81 87.05
2018-03-31 130.94 283.81 87.05
2017-12-31 137.01 227.91 76.13
2017-09-30 154.60 227.91 76.13
2017-06-30 53.33 217.48 21.60
2017-03-31 60.50 202.18 21.34
2016-12-31 59.47 199.50 19.50
2015-12-31 42.56 123.71 13.46
2014-12-31 60.23 89.81 10.96
  • DP Eurasia's level of debt (155.7%) compared to net worth is high (greater than 40%).
  • Unable to establish if DP Eurasia's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (32%, greater than 20% of total debt).
  • DP Eurasia is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess DP Eurasia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DP Eurasia has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DPEU Dividends

 What is DP Eurasia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from DP Eurasia dividends. Estimated to be 1.02% next year.
If you bought £2,000 of DP Eurasia shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate DP Eurasia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate DP Eurasia's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:DPEU Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:DPEU Future Dividends Estimate Data
Date (Data in TRY) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.40 1.00
2021-12-31 0.08 4.00
2020-12-31 0.07 6.00
2019-12-31 0.00 5.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as DP Eurasia has not reported any payouts.
  • Unable to verify if DP Eurasia's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of DP Eurasia's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as DP Eurasia has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (7.7x coverage).
X
Income/ dividend checks
We assess DP Eurasia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DP Eurasia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DP Eurasia has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DPEU Management

 What is the CEO of DP Eurasia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Aslan Saranga
AGE 49
CEO Bio

Mr. Aslan Saranga serves as the Chief Executive Officer, Head of Leadership, Executive Director and Chief Executive Officer of Turkish Operations at DP Eurasia N.V. Mr. Saranga served as the founding Chief Executive Officer of the exclusive master franchisee of the Domino’s System in Turkey on its inception in 1996. He serves as the Chairman of the Russian TopCo and Russian OpCo boards of directors. He is a board member of the Food Retailers Association and is a member of Domino’s Pizza General Management Council. Mr. Saranga has a masters degree in Finance from the University of Istanbul.

CEO Compensation
  • Insufficient data for Aslan to compare compensation growth.
  • Insufficient data for Aslan to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the DP Eurasia management team in years:

3.3
Average Tenure
  • The tenure for the DP Eurasia management team is about average.
Management Team

Aslan Saranga

TITLE
CEO, Head of Leadership & Executive Director
AGE
49

Neval Alpagut

TITLE
Chief Financial Officer
TENURE
2.3 yrs

Aziz Babacan

TITLE
Corporate Operations Director
TENURE
7.3 yrs

Gökhan Süderbay

TITLE
Chief Technology Officer
TENURE
0.8 yrs

Selim Kender

TITLE
Chief Strategy Officer & Head of Investor Relations

Maria Utvenko

TITLE
Head of Human Resources

Kerem Ciritci

TITLE
Chief Growth Officer
TENURE
1.3 yrs

Güvenç Dönmez

TITLE
Chief Executive Officer of Russian Operations
TENURE
4.3 yrs

Mustafa Özgül

TITLE
Chief Financial Officer of Russian Operations
TENURE
5.3 yrs

Igor Kiselev

TITLE
Head of Information Technology
Board of Directors Tenure

Average tenure and age of the DP Eurasia board of directors in years:

1.9
Average Tenure
52
Average Age
  • The average tenure for the DP Eurasia board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Williams

TITLE
Chairman
AGE
65
TENURE
1.8 yrs

Aslan Saranga

TITLE
CEO, Head of Leadership & Executive Director
AGE
49
TENURE
1.9 yrs

Frederieke Slot

TITLE
Company Secretary & Executive Director
AGE
36
TENURE
1.8 yrs

Tom Singer

TITLE
Senior Independent Non-Executive Director
AGE
55
TENURE
1.8 yrs

Seymur Tari

TITLE
Non-Executive Director
TENURE
1.9 yrs

Izzet Talu

TITLE
Non-Executive Director
TENURE
1.9 yrs

Aksel Sahin

TITLE
Non-Executive Director
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess DP Eurasia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DP Eurasia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DPEU News

Simply Wall St News

What Kind Of Shareholder Appears On The DP Eurasia N.V.'s (LON:DPEU) Shareholder Register?

DP Eurasia is a smaller company with a market capitalization of UK£136m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. … Insider Ownership Of DP Eurasia The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

The DP Eurasia (LON:DPEU) Share Price Is Down 53% So Some Shareholders Are Wishing They Sold

The share price is down a hefty 53% in that time. … DP Eurasia isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Unfortunately it seems investors wanted more, because the share price is down 53% in that time.

Simply Wall St -

DP Eurasia N.V. (LON:DPEU) Earns Among The Best Returns In Its Industry

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

An Intrinsic Calculation For DP Eurasia NV (LON:DPEU) Shows It's 37.65% Undervalued

by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Who Are DP Eurasia NV's (LON:DPEU) Major Shareholders?

In this article, I'm going to take a look at DP Eurasia NV’s (LON:DPEU) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

Is DP Eurasia NV (LON:DPEU) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like DP Eurasia NV (LON:DPEU), with a market cap of YTL230.27m. … However, an important fact which most ignore is: how financially healthy is the business? … since poor capital management may bring about bankruptcies,

Simply Wall St -

Calculating The Fair Value Of DP Eurasia NV (LON:DPEU)

How far off is DP Eurasia NV (LON:DPEU) from its intrinsic value? … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Does DP Eurasia NV.'s (LON:DPEU) PE Ratio Warrant A Sell?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for DPEU Price per share = TRY10.78 Earnings per share = TRY0.065 ∴ Price-Earnings Ratio = TRY10.78 ÷ TRY0.065 = 166.2x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with DPEU, then investors would naturally value DPEU at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with DPEU, investors would also value DPEU at a higher price since it is a higher growth investment.

Simply Wall St -

DP Eurasia NV. (LON:DPEU): Does The -83.51% Earnings Drop Reflect A Longer Term Trend?

See our latest analysis for DP Eurasia Was DPEU's recent earnings decline worse than the long-term trend and the industry? … For the most up-to-date info, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Generally companies that experience a prolonged period of decline in earnings are undergoing some sort of reinvestment phase Although, if the whole industry is struggling to grow over time, it may be a signal of a structural shift, which makes DP Eurasia and its peers a higher risk investment.

Simply Wall St -

What does DP Eurasia NV.'s (LON:DPEU) Balance Sheet Tell Us About Its Future?

DPEU has built up its total debt levels in the last twelve months, from YTL199.50M to YTL227.91M , which comprises of short- and long-term debt. … Additionally, DPEU has produced cash from operations of YTL49.33M in the last twelve months, leading to an operating cash to total debt ratio of 21.64%, signalling that DPEU’s current level of operating cash is high enough to cover debt. … For DPEU, the ratio of 2.16x suggests that interest is not strongly covered, which means that lenders may refuse to lend the company more money, as it is seen as too risky in terms of default.Next Steps: DPEU’s high debt levels is not met with high cash flow coverage.

Simply Wall St -

DPEU Company Info

Description

DP Eurasia N.V. operates company and franchise-owned stores under the Domino’s Pizza brand. It offers pizza delivery and takeaway/eat-in services. As of December 31, 2018, it operated 724 stores, which included 535 in Turkey, 179 in Russia, 6 in Azerbaijan, and 4 in Georgia. The company was founded in 1996 and is based in Amsterdam, the Netherlands.

Details
Name: DP Eurasia N.V.
DPEU
Exchange: LSE
Founded: 1996
£129,672,193
145,372,414
Website: http://www.dpeurasia.com
Address: DP Eurasia N.V.
Luna Arena,
Herikerbergweg 238,
Amsterdam,
Noord-Holland, 1101 CM,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE DPEU Ordinary Shares London Stock Exchange GB GBP 28. Jun 2017
DB D5P Ordinary Shares Deutsche Boerse AG DE EUR 28. Jun 2017
BST D5P Ordinary Shares Boerse-Stuttgart DE EUR 28. Jun 2017
BATS-CHIXE DPEUL Ordinary Shares BATS 'Chi-X Europe' GB GBP 28. Jun 2017
Number of employees
Current staff
Staff numbers
4,105
DP Eurasia employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 00:59
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/04/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.