BATS-CHIXE:EVSB

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EVS Broadcast Equipment

Executive Summary

EVS Broadcast Equipment SA provides live video technology for broadcast and media productions worldwide. More Details


Snowflake Analysis

Very undervalued with flawless balance sheet.


Similar Companies

Share Price & News

How has EVS Broadcast Equipment's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.3%

EVSB

-3.3%

GB Communications

-5.1%

GB Market


1 Year Return

-44.8%

EVSB

41.3%

GB Communications

-20.0%

GB Market

Return vs Industry: EVSB underperformed the UK Communications industry which returned 39.9% over the past year.

Return vs Market: EVSB underperformed the UK Market which returned -19.3% over the past year.


Shareholder returns

EVSBIndustryMarket
7 Day-8.3%-3.3%-5.1%
30 Day-13.4%-1.4%-4.3%
90 Day-20.2%-3.0%-4.5%
1 Year-43.9%-44.8%43.0%41.3%-17.0%-20.0%
3 Year-59.5%-62.5%120.0%107.7%-13.6%-24.3%
5 Year-48.3%-54.5%152.4%131.8%10.2%-14.6%

Price Volatility Vs. Market

How volatile is EVS Broadcast Equipment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is EVS Broadcast Equipment 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: EVSB (€12.12) is trading below our estimate of fair value (€28.61)

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


Price To Earnings Ratio

PE vs Industry: EVSB is good value based on its PE Ratio (8.9x) compared to the GB Communications industry average (22.7x).

PE vs Market: EVSB is good value based on its PE Ratio (8.9x) compared to the UK market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: EVSB is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: EVSB is good value based on its PB Ratio (1.2x) compared to the GB Communications industry average (1.6x).


Next Steps

Future Growth

How is EVS Broadcast Equipment forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

19.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVSB's forecast earnings growth (19.7% per year) is above the savings rate (1.2%).

Earnings vs Market: EVSB's earnings (19.7% per year) are forecast to grow slower than the UK market (23.8% per year).

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

Revenue vs Market: EVSB's revenue (6.9% per year) is forecast to grow faster than the UK market (5.8% per year).

High Growth Revenue: EVSB's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EVSB's Return on Equity is forecast to be low in 3 years time (14.3%).


Next Steps

Past Performance

How has EVS Broadcast Equipment performed over the past 5 years?

-2.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVSB has high quality earnings.

Growing Profit Margin: EVSB's current net profit margins (18.8%) are lower than last year (25%).


Past Earnings Growth Analysis

Earnings Trend: EVSB's earnings have declined by 2.3% per year over the past 5 years.

Accelerating Growth: EVSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EVSB had negative earnings growth (-32.1%) over the past year, making it difficult to compare to the Communications industry average (-39.2%).


Return on Equity

High ROE: EVSB's Return on Equity (13.6%) is considered low.


Next Steps

Financial Health

How is EVS Broadcast Equipment's financial position?


Financial Position Analysis

Short Term Liabilities: EVSB's short term assets (€114.3M) exceed its short term liabilities (€37.5M).

Long Term Liabilities: EVSB's short term assets (€114.3M) exceed its long term liabilities (€17.4M).


Debt to Equity History and Analysis

Debt Level: EVSB's debt to equity ratio (4.1%) is considered satisfactory.

Reducing Debt: EVSB's debt to equity ratio has reduced from 44.8% to 4.1% over the past 5 years.

Debt Coverage: EVSB's debt is well covered by operating cash flow (387.6%).

Interest Coverage: EVSB's interest payments on its debt are well covered by EBIT (33.2x coverage).


Balance Sheet


Next Steps

Dividend

What is EVS Broadcast Equipment current dividend yield, its reliability and sustainability?

8.68%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EVSB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVSB'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 EVSB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVSB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: EVSB is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EVSB'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?

3.8yrs

Average management tenure


CEO

Serge Van Herck

1.08yrs

Tenure

€116,666

Compensation

Mr. Serge Van Herck has been Chief Executive Officer of EVS Broadcast Equipment S.A. since September 9, 2019. Mr. Van Herck served as Chairman of the Board and Chief Executive Officer at Newtec Cy N.V. unt ...


Leadership Team

NamePositionTenureCompensationOwnership
Serge Van Herck
Chief Executive Officer1.08yrs€116.67kno data
Michel Counson
Founder26.75yrs€20.00k6.04%
€ 9.8m
Yvan Absil
Chief Financial Officer4.75yrsno datano data
Denis Fisette
Senior Vice President of Operations2.75yrsno datano data
Axel Blanckaert
Chief Technology Officer4.5yrsno datano data
Geoffroy d'Oultremont
Vice President of Investor Relations & Corporate Communicationno datano datano data
Nicolas Bourdon
Chief Marketing Officerno datano datano data
Pierre Matelart
Head of Human Resources1.33yrsno datano data
Thierry Delbrouck
Head of Manufacturing & Supplyno datano datano data
Quentin Grutman
Chief Customer Officer10.75yrsno datano data
Olivier Heurteaux
Senior Vice President of APACno datano datano data
Xavier de Vynck
Senior Vice President of Major Events & Business Development3.75yrsno datano data

3.8yrs

Average Tenure

Experienced Management: EVSB's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michel Counson
Founder26.75yrs€20.00k6.04%
€ 9.8m
Martin De Prycker
Independent Director4.42yrs€34.32kno data
Patricia Langrand
Independent Director3.75yrs€30.50kno data
Johan Deschuyffeleer
Independent President of Board of Directors0.33yrno datano data
Chantal De Vrieze
Independent Director3.75yrs€33.00kno data
Philippe Mercelis
Independent Director1.42yrs€17.02kno data
Anne Cambier
Independent Director1.42yrs€18.02kno data
Jorg Sander
Member of Advisory Boardno datano datano data
Tom Sahara
Member of Advisory Boardno datano datano data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: EVSB's board of directors are considered experienced (3.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EVS Broadcast Equipment SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EVS Broadcast Equipment SA
  • Ticker: EVSB
  • Exchange: BATS-CHIXE
  • Founded: 1994
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: €161.906m
  • Shares outstanding: 13.43m
  • Website: https://www.evs.com

Number of Employees


Location

  • EVS Broadcast Equipment SA
  • Liege Science Park
  • 13 Rue Bois Saint-Jean
  • Seraing
  • Liège
  • 4102
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVSENXTBR (Euronext Brussels)YesBearer SharesBEEUROct 1998
0N9ZLSE (London Stock Exchange)YesBearer SharesGBEUROct 1998
EVSBBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEUROct 1998
EVSB.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDMar 2012

Biography

EVS Broadcast Equipment SA provides live video technology for broadcast and media productions worldwide. It offers replay and effects tools for exchange, review, transcoding, storytelling graphics, and col ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 19:39
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.