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Cembra Money Bank

LSE:0QPJ
Snowflake Description

Second-rate dividend payer with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0QPJ
LSE
CHF3B
Market Cap
  1. Home
  2. GB
  3. Diversified Financials
Company description

Cembra Money Bank AG provides consumer finance products and services in Switzerland. The last earnings update was 32 days ago. More info.


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0QPJ Share Price and Events
7 Day Returns
1.5%
LSE:0QPJ
0%
GB Consumer Finance
0.6%
GB Market
1 Year Returns
15.6%
LSE:0QPJ
-23.7%
GB Consumer Finance
1.1%
GB Market
0QPJ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cembra Money Bank (0QPJ) 1.5% 4.1% 12.6% 15.6% - -
GB Consumer Finance 0% 5.9% -3.2% -23.7% -69.6% -61.5%
GB Market 0.6% 1.9% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • 0QPJ outperformed the Consumer Finance industry which returned -23.7% over the past year.
  • 0QPJ outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
0QPJ
Industry
5yr Volatility vs Market

Value

 Is Cembra Money Bank 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 Cembra Money Bank 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 Cembra Money Bank.

LSE:0QPJ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= CHF36.16 * 16.5%
CHF5.96
Book Value of Equity per Share Weighted future Book Value estimates from 6 analysts. CHF36.16
Discount Rate (Cost of Equity) See below 7.2%
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:0QPJ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.694 (1 + (1- 18%) (53.97%))
1.001
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.001 * 5.96%)
7.19%

Discounted Cash Flow Calculation for LSE:0QPJ using Excess Returns Model Model

The calculations below outline how an intrinsic value for Cembra Money Bank is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

LSE:0QPJ Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (16.5% – 7.19%) * CHF36.16)
CHF3.36
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CHF3.36 / (7.19% - 1.23%)
CHF56.26
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CHF36.16 + CHF56.26
CHF92.42
LSE:0QPJ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in LSE:0QPJ represents 0.99137x of SWX:CMBN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99137x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 92.42 x 0.99137
CHF91.62
Value per share (CHF) From above. CHF91.62
Current discount Discount to share price of CHF97.60
= -1 x (CHF97.60 - CHF91.62) / CHF91.62
-6.5%

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

  • The current share price of Cembra Money Bank is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Cembra Money Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cembra Money Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0QPJ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CHF CHF5.47
SWX:CMBN Share Price ** SWX (2019-04-18) in CHF CHF98.45
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PE Ratio Median Figure of 12 Publicly-Listed Consumer Finance Companies 12.42x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

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

** Primary Listing of Cembra Money Bank.

LSE:0QPJ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:CMBN Share Price ÷ EPS (both in CHF)

= 98.45 ÷ 5.47

18.01x

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

  • Cembra Money Bank is overvalued based on earnings compared to the GB Consumer Finance industry average.
  • Cembra Money Bank is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Cembra Money Bank's expected growth come at a high price?
Raw Data
LSE:0QPJ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
4.1%per year
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PEG Ratio Median Figure of 7 Publicly-Listed Consumer Finance Companies 0.66x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

LSE:0QPJ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.01x ÷ 4.1%

4.43x

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

  • Cembra Money Bank is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Cembra Money Bank's assets?
Raw Data
LSE:0QPJ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CHF CHF33.12
SWX:CMBN Share Price * SWX (2019-04-18) in CHF CHF98.45
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry PB Ratio Median Figure of 14 Publicly-Listed Consumer Finance Companies 1.71x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
LSE:0QPJ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:CMBN Share Price ÷ Book Value per Share (both in CHF)

= 98.45 ÷ 33.12

2.97x

* Primary Listing of Cembra Money Bank.

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

  • Cembra Money Bank is overvalued based on assets compared to the GB Consumer Finance industry average.
X
Value checks
We assess Cembra Money Bank'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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. Cembra Money Bank has a total score of 0/6, 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.

Future Performance

 How is Cembra Money Bank 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
4.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cembra Money Bank expected to grow at an attractive rate?
  • Cembra Money Bank's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Cembra Money Bank's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Cembra Money Bank'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:0QPJ Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0QPJ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 4.1%
LSE:0QPJ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 7.3%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 23.8%
United Kingdom of Great Britain and Northern Ireland Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 13.2%
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 4.8%

*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:0QPJ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0QPJ Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 489 174 4
2020-12-31 468 167 5
2019-12-31 457 160 4
LSE:0QPJ Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2018-12-31 389 224 154
2018-09-30 379 239 153
2018-06-30 369 255 153
2018-03-31 360 259 149
2017-12-31 351 263 144
2017-09-30 348 233 143
2017-06-30 345 203 141
2017-03-31 347 196 142
2016-12-31 349 190 144
2016-09-30 350 198 145
2016-06-30 351 207 147
2016-03-31 348 205 146

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cembra Money Bank's earnings are expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
  • Cembra Money Bank's revenue is expected to grow by 7.3% 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:0QPJ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Cembra Money Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0QPJ Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 6.18 6.37 5.85 4.00
2020-12-31 5.92 6.14 5.71 5.00
2019-12-31 5.68 5.85 5.53 5.00
LSE:0QPJ Past Financials Data
Date (Data in CHF Millions) EPS *
2018-12-31 5.47
2018-09-30 5.44
2018-06-30 5.42
2018-03-31 5.27
2017-12-31 5.13
2017-09-30 5.07
2017-06-30 5.01
2017-03-31 5.05
2016-12-31 5.10
2016-09-30 5.16
2016-06-30 5.22
2016-03-31 5.13

*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.
  • Cembra Money Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Cembra Money Bank'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.
Cembra Money Bank 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.

Past Performance

  How has Cembra Money Bank 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 Cembra Money Bank's growth in the last year to its industry (Consumer Finance).
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.
  • Cembra Money Bank's year on year earnings growth rate has been positive over the past 5 years.
  • Cembra Money Bank's 1-year earnings growth exceeds its 5-year average (6.7% vs 3.7%)
  • Cembra Money Bank's earnings growth has not exceeded the GB Consumer Finance industry average in the past year (6.7% vs 19.9%).
Earnings and Revenue History
Cembra Money Bank'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 Cembra Money Bank Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0QPJ Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 388.77 154.13 193.03
2018-09-30 378.96 153.43 184.17
2018-06-30 369.14 152.73 175.30
2018-03-31 360.20 148.61 171.63
2017-12-31 351.25 144.49 167.95
2017-09-30 348.10 142.89 167.00
2017-06-30 344.95 141.29 166.05
2017-03-31 347.20 142.50 166.49
2016-12-31 349.45 143.71 166.94
2016-09-30 350.34 145.47 165.61
2016-06-30 351.23 147.22 164.27
2016-03-31 348.14 146.12 162.88
2015-12-31 345.04 145.02 161.48
2015-09-30 344.10 144.91 160.79
2015-06-30 343.16 144.80 160.09
2015-03-31 340.86 142.32 160.73
2014-12-31 338.56 139.85 161.36
2014-09-30 329.63 124.86 160.16
2014-06-30 320.71 109.88 158.96
2014-03-31 334.12 121.38 157.28
2013-12-31 347.52 132.88 155.60
2013-09-30 352.65 144.32 157.29
2013-06-30 357.78 155.77 158.99
2013-03-31 345.58 144.45 161.68
2012-12-31 333.39 133.13 164.37

*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.
  • Cembra Money Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Cembra Money Bank used its assets less efficiently than the GB Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Cembra Money Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Cembra Money Bank'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 Consumer Finance 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.
Cembra Money Bank has a total score of 2/6, 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.

Health

 How is Cembra Money Bank'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 Cembra Money Bank's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cembra Money Bank's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cembra Money Bank's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cembra Money Bank'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x 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 Cembra Money Bank Company Filings, last reported 3 months ago.

LSE:0QPJ Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 933.45 1,497.76 499.32
2018-09-30 933.45 1,497.76 499.32
2018-06-30 863.99 1,547.22 439.96
2018-03-31 863.99 1,547.22 439.96
2017-12-31 885.46 1,421.37 418.42
2017-09-30 885.46 1,421.37 418.42
2017-06-30 794.03 1,621.13 612.90
2017-03-31 794.03 1,621.13 612.90
2016-12-31 848.20 1,519.76 668.95
2016-09-30 848.20 1,519.76 668.95
2016-06-30 779.08 1,419.81 440.85
2016-03-31 779.08 1,419.81 440.85
2015-12-31 799.35 1,570.72 572.44
2015-09-30 799.35 1,570.72 572.44
2015-06-30 735.82 1,749.75 533.85
2015-03-31 735.82 1,749.75 533.85
2014-12-31 842.38 1,899.70 622.33
2014-09-30 842.38 1,899.70 622.33
2014-06-30 779.90 1,824.61 394.78
2014-03-31 779.90 1,824.61 394.78
2013-12-31 799.34 1,999.55 491.73
2013-09-30 799.34 1,999.55 491.73
2013-06-30 901.48 1,854.00 303.70
2013-03-31 901.48 1,854.00 303.70
2012-12-31 1,081.23 1,904.00 367.87
  • Cembra Money Bank's level of debt (160.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (250% vs 160.5% today).
  • Debt is not well covered by operating cash flow (14.9%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Cembra Money Bank's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Cembra Money Bank'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. Cembra Money Bank has a total score of 1/6, 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.

Dividends

 What is Cembra Money Bank'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
3.81%
Current annual income from Cembra Money Bank dividends. Estimated to be 4.64% next year.
If you bought CHF2,000 of Cembra Money Bank shares you are expected to receive CHF76 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?
  • Cembra Money Bank's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.01%).
  • Cembra Money Bank's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.19%).
Upcoming dividend payment

Purchase Cembra Money Bank before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:0QPJ 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 Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 3%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.2%
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 5.2%

Industry and Market average data is calculated daily.

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

LSE:0QPJ Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 5.43 5.00
2020-12-31 4.48 6.00
2019-12-31 3.93 6.00
LSE:0QPJ Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-02-22 3.750 3.964
2018-03-16 3.550 4.211
2017-03-24 3.450 3.922
2016-04-27 3.350 4.603
2015-02-27 3.100 5.130
2014-03-26 2.850 5.138
2014-03-03 2.850 4.656

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

  • Whilst dividend payments have been stable, Cembra Money Bank has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Cembra Money Bank only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Cembra Money Bank's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Cembra Money Bank'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 Cembra Money Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cembra Money Bank has a total score of 3/6, see the detailed checks below.


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

Management

 What is the CEO of Cembra Money Bank'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
Robert Oudmayer
COMPENSATION CHF1,711,144
AGE 56
TENURE AS CEO 9.9 years
CEO Bio

Mr. Robert Oudmayer has been the Chief Executive Officer and Member of The Management Board at Cembra Money Bank AG (formerly GE Money Bank AG) since 2009. Mr. Oudmayer served as the Chief Executive Officer of GE Capital Swiss Funding AG from May 2009 to October 2013. He served as Head of GE Money in Portugal. He has extensive experience in consumer lending. Over the previous four years he successfully managed GE Money in Portugal and also he was Managing Director for vehicle financing in Switzerland. He also gathered valuable experience as managing director of GE Capital Equipment Finance in the Netherlands. Prior to joining GE in 1999, he held a variety of management positions with PSA Peugeot Citroen in France and Netherlands.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year.
  • Robert's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Cembra Money Bank management team in years:

5.4
Average Tenure
51
Average Age
  • The average tenure for the Cembra Money Bank management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Oudmayer

TITLE
CEO & Member of Management Board
COMPENSATION
CHF2M
AGE
56
TENURE
9.9 yrs

Pascal Perritaz

TITLE
CFO & Member of Management Board
AGE
46
TENURE
0.5 yrs

Daniel Frei

TITLE
Head B2C & Member of the Management Board
AGE
59
TENURE
22.3 yrs

Emanuel Hofacker

TITLE
General Counsel
AGE
50
TENURE
4.6 yrs

Volker Gloe

TITLE
Chief Risk Officer & Member of Management Board
AGE
50
TENURE
6.3 yrs

Niklaus Mannhart

TITLE
COO & Member of Management Board
AGE
51
TENURE
0.7 yrs

Jörg Fohringer

TITLE
Head of B2B & Member of Management Board
AGE
51
TENURE
0.3 yrs

Haldun Kuru

TITLE
Head of Controllership
TENURE
8.1 yrs

Edina Jung

TITLE
Senior Legal Counsel & Corporate Secretary
Board of Directors Tenure

Average tenure and age of the Cembra Money Bank board of directors in years:

4.9
Average Tenure
62
Average Age
  • The tenure for the Cembra Money Bank board of directors is about average.
Board of Directors

Felix Weber

TITLE
Chairman of the Board
COMPENSATION
CHF476K
AGE
68
TENURE
5.7 yrs

Ben Tellings

TITLE
Vice-Chairman
COMPENSATION
CHF171K
AGE
62
TENURE
2 yrs

Peter Athanas

TITLE
Director
COMPENSATION
CHF177K
AGE
64
TENURE
5.3 yrs

Urs Baumann

TITLE
Director
COMPENSATION
CHF161K
AGE
51
TENURE
4.9 yrs

Denis Hall

TITLE
Director
COMPENSATION
CHF143K
AGE
63
TENURE
5.6 yrs

Monica Mächler

TITLE
Director
COMPENSATION
CHF145K
AGE
62
TENURE
4 yrs

Katrina Machin

TITLE
Director
COMPENSATION
CHF137K
AGE
52
TENURE
3 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 (CHF) Value (CHF)
X
Management checks
We assess Cembra Money Bank'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. Cembra Money Bank 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.

News

Simply Wall St News

Company Info

Description

Cembra Money Bank AG provides consumer finance products and services in Switzerland. The company offers savings products, including medium-term notes and deposit accounts; loans comprising cash loans, consumer loans, personal loans, credit card receivables, and auto loans; and leasing services for new and used vehicles, including cars, light commercial vehicles, motorcycles, and caravans, as well as corporate leasing services. It also provides payment protection insurance products; investment products; and credit cards. The company serves private and self-employed individuals, and small and medium enterprises. It operates through a network of 18 branches, as well as through various sales channels, such as the Internet, credit card partners, independent intermediaries, and approximately 3,600 car dealers. The company was formerly known as GE Money Bank Aktiengesellschaft and changed its name to Cembra Money Bank AG in October 2013. Cembra Money Bank AG was founded in 1912 and is headquartered in Zurich, Switzerland.

Details
Name: Cembra Money Bank AG
0QPJ
Exchange: LSE
Founded: 1912
CHF2,774,985,635
28,186,751
Website: http://www.cembra.ch
Address: Cembra Money Bank AG
Bändliweg 20,
Zurich,
Zurich, 8048,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX CMBN Common Shares SIX Swiss Exchange CH CHF 29. Oct 2013
DB GEH Common Shares Deutsche Boerse AG DE EUR 29. Oct 2013
LSE 0QPJ Common Shares London Stock Exchange GB CHF 29. Oct 2013
BATS-CHIXE CMBNZ Common Shares BATS 'Chi-X Europe' GB CHF 29. Oct 2013
Number of employees
Current staff
Staff numbers
712
Cembra Money Bank employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:39
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/03/20
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.