Market Cap
€733.5m
Last Updated
2021/01/23 01:46 UTC
Data Sources
Company Financials +
Executive Summary
TAKKT AG operates as a B2B direct marketing company for business equipment in Europe and North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with flawless balance sheet.
Similar Companies
Share Price & News
How has TAKKT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TTKD is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TTKD's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0%
TTKD
2.7%
GB Online Retail
-0.5%
GB Market
1 Year Return
-10.5%
TTKD
53.5%
GB Online Retail
-8.2%
GB Market
Return vs Industry: TTKD underperformed the UK Online Retail industry which returned 53.5% over the past year.
Return vs Market: TTKD underperformed the UK Market which returned -8.2% over the past year.
Shareholder returns
| TTKD | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.7% | -0.5% |
| 30 Day | -0.6% | 9.2% | 3.0% |
| 90 Day | 5.9% | 14.3% | 14.1% |
| 1 Year | 1.7%-10.5% | 53.9%53.5% | -4.5%-8.2% |
| 3 Year | -35.9%-48.8% | 72.8%69.3% | 3.7%-9.0% |
| 5 Year | -16.7%-36.9% | 224.7%204.0% | 42.1%14.4% |
Long-Term Price Volatility Vs. Market
How volatile is TAKKT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is TAKKT undervalued compared to its fair value and its price relative to the market?
35.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TTKD (€10.72) is trading below our estimate of fair value (€16.69)
Significantly Below Fair Value: TTKD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TTKD is good value based on its PE Ratio (16.1x) compared to the GB Online Retail industry average (37.9x).
PE vs Market: TTKD is good value based on its PE Ratio (16.1x) compared to the UK market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: TTKD is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: TTKD is good value based on its PB Ratio (1.1x) compared to the GB Online Retail industry average (5.3x).
Next Steps
Future Growth
How is TAKKT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
23.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TTKD's forecast earnings growth (23.3% per year) is above the savings rate (1%).
Earnings vs Market: TTKD's earnings (23.3% per year) are forecast to grow slower than the UK market (25.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TTKD's revenue (5.1% per year) is forecast to grow slower than the UK market (6.6% per year).
High Growth Revenue: TTKD's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TTKD's Return on Equity is forecast to be low in 3 years time (8.7%).
Next Steps
Past Performance
How has TAKKT performed over the past 5 years?
-5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTKD has high quality earnings.
Growing Profit Margin: TTKD's current net profit margins (4.2%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: TTKD's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: TTKD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TTKD had negative earnings growth (-46.9%) over the past year, making it difficult to compare to the Online Retail industry average (25.2%).
Return on Equity
High ROE: TTKD's Return on Equity (6.9%) is considered low.
Next Steps
Financial Health
How is TAKKT's financial position?
Financial Position Analysis
Short Term Liabilities: TTKD's short term assets (€239.7M) exceed its short term liabilities (€155.0M).
Long Term Liabilities: TTKD's short term assets (€239.7M) exceed its long term liabilities (€225.7M).
Debt to Equity History and Analysis
Debt Level: TTKD's debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: TTKD's debt to equity ratio has reduced from 51.3% to 1.4% over the past 5 years.
Debt Coverage: TTKD's debt is well covered by operating cash flow (1406.5%).
Interest Coverage: TTKD's interest payments on its debt are well covered by EBIT (13.5x coverage).
Balance Sheet
Next Steps
Dividend
What is TAKKT current dividend yield, its reliability and sustainability?
4.82%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TTKD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TTKD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TTKD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TTKD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TTKD is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTKD's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.4yrs
Average management tenure
CEO
Felix Zimmermann (54 yo)
11.58yrs
Tenure
€1,420,000
Compensation
Dr. Felix A. Zimmermann has been the Chairman of the Management Board and Chief Executive Officer of Takkt AG since June 01, 2009 and has been its Member of Management Board since May 1, 2008. Dr. Zimmerma...
CEO Compensation Analysis
Compensation vs Market: Felix's total compensation ($USD1.73M) is above average for companies of similar size in the UK market ($USD1.01M).
Compensation vs Earnings: Felix's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Management Board & CEO | 11.58yrs | €1.42m | no data | |
| CFO & Member of Management Board | 9.42yrs | €942.00k | no data | |
| Member of the Management Board | 0.58yr | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Hubert - Canada | no data | no data | no data | |
| Head of KAISER + KRAFT | no data | no data | no data | |
| Head of C&H Productos Industriales | no data | no data | no data | |
| Head of Kaiser + Kraft Turkey | no data | no data | no data | |
| Head of Human Resources of Topdeq Service | no data | no data | no data | |
| Head of Human Resources - Kaiser + Kraft Europa | no data | no data | no data |
9.4yrs
Average Tenure
51yo
Average Age
Experienced Management: TTKD's management team is seasoned and experienced (9.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | 21.42yrs | €58.00k | no data | |
| Chairman of the Supervisory Board | 1.67yrs | €96.30k | no data | |
| Independent Deputy Chairman of the Supervisory Board | 6.33yrs | €87.50k | no data | |
| Independent Member of the Supervisory Board | 6.25yrs | €58.00k | no data | |
| Independent Member of the Supervisory Board | 3.67yrs | €60.50k | no data | |
| Member of Supervisory Board | 1.67yrs | €37.20k | no data |
5.0yrs
Average Tenure
53.5yo
Average Age
Experienced Board: TTKD's board of directors are considered experienced (5 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
TAKKT AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: TAKKT AG
- Ticker: TTKD
- Exchange: BATS-CHIXE
- Founded: 1945
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: €733.524m
- Shares outstanding: 65.61m
- Website: https://www.takkt.de
Number of Employees
Location
- TAKKT AG
- Presselstrasse 12
- Stuttgart
- Baden-Württemberg
- 70191
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TTK | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Sep 1999 |
| TTK | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Sep 1999 |
| 0GC8 | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Sep 1999 |
| TTKD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Sep 1999 |
| TTK | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Sep 1999 |
| TTK | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Sep 1999 |
Biography
TAKKT AG operates as a B2B direct marketing company for business equipment in Europe and North America. The company operates in two segments, Omnichannel Commerce and Web-Focused Commerce. The Omnichannel ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 01:46 |
| End of Day Share Price | 2021/01/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.