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ANY Biztonsági Nyomda Nyrt

BUSE:ANY
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ANY
BUSE
HUF19B
Market Cap
  1. Home
  2. HU
  3. Commercial Services
Company description

ANY Biztonsági Nyomda Nyrt. operates as a security printing company in Europe. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
ANY Share Price and Events
7 Day Returns
0%
BUSE:ANY
0.6%
Europe Commercial Services
-1.5%
HU Market
1 Year Returns
-4.9%
BUSE:ANY
-4.7%
Europe Commercial Services
12.9%
HU Market
ANY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ANY Biztonsági Nyomda Nyrt (ANY) 0% 0.4% -1.8% -4.9% 32.5% 81.8%
Europe Commercial Services 0.6% 1.4% 5.4% -4.7% 14.7% 1.4%
HU Market -1.5% -0.9% -5.8% 12.9% 55.6% 104.4%
1 Year Return vs Industry and Market
  • ANY matched the Commercial Services industry (-4.7%) over the past year.
  • ANY underperformed the Market in Hungary which returned 12.9% over the past year.
Price Volatility
ANY
Industry
5yr Volatility vs Market
Related Companies

Value

 Is ANY Biztonsági Nyomda Nyrt 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 ANY Biztonsági Nyomda Nyrt 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 ANY Biztonsági Nyomda Nyrt.

BUSE:ANY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.5%
Perpetual Growth Rate 10-Year HU Government Bond Rate 3%

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 BUSE:ANY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HU Govt Bond Rate 3%
Equity Risk Premium S&P Global 9%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.684 (1 + (1- 9%) (37.89%))
0.946
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.96% + (0.946 * 9.02%)
11.49%

Discounted Cash Flow Calculation for BUSE:ANY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ANY Biztonsági Nyomda Nyrt 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.

BUSE:ANY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HUF, Millions) Source Present Value
Discounted (@ 11.49%)
2019 1,252.00 Analyst x1 1,122.95
2020 1,688.00 Analyst x1 1,357.95
2021 1,595.00 Analyst x1 1,150.87
2022 1,587.01 Est @ -0.5% 1,027.07
2023 1,595.53 Est @ 0.54% 926.15
2024 1,615.70 Est @ 1.26% 841.18
2025 1,644.34 Est @ 1.77% 767.85
2026 1,679.35 Est @ 2.13% 703.37
2027 1,719.29 Est @ 2.38% 645.87
2028 1,763.18 Est @ 2.55% 594.08
Present value of next 10 years cash flows HUF9,137.34
BUSE:ANY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HUF1,763.18 × (1 + 2.96%) ÷ (11.49% – 2.96%)
HUF21,276.43
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HUF21,276.43 ÷ (1 + 11.49%)10
HUF7,168.85
BUSE:ANY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HUF9,137.34 + HUF7,168.85
HUF16,306.19
Equity Value per Share
(HUF)
= Total value / Shares Outstanding
= HUF16,306.19 / 14.35
HUF1136.65
BUSE:ANY Discount to Share Price
Calculation Result
Value per share (HUF) From above. HUF1,136.65
Current discount Discount to share price of HUF1,345.00
= -1 x (HUF1,345.00 - HUF1,136.65) / HUF1,136.65
-18.3%

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

  • The current share price of ANY Biztonsági Nyomda Nyrt 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 ANY Biztonsági Nyomda Nyrt's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ANY Biztonsági Nyomda Nyrt's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BUSE:ANY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HUF HUF79.23
BUSE:ANY Share Price ** BUSE (2019-06-25) in HUF HUF1345
Europe Commercial Services Industry PE Ratio Median Figure of 104 Publicly-Listed Commercial Services Companies 16.71x
Hungary Market PE Ratio Median Figure of 25 Publicly-Listed Companies 11.66x

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

** Primary Listing of ANY Biztonsági Nyomda Nyrt.

BUSE:ANY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BUSE:ANY Share Price ÷ EPS (both in HUF)

= 1345 ÷ 79.23

16.98x

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

  • ANY Biztonsági Nyomda Nyrt is overvalued based on earnings compared to the Europe Commercial Services industry average.
  • ANY Biztonsági Nyomda Nyrt is overvalued based on earnings compared to the Hungary market.
Price based on expected Growth
Does ANY Biztonsági Nyomda Nyrt's expected growth come at a high price?
Raw Data
BUSE:ANY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-8.8%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 50 Publicly-Listed Commercial Services Companies 1.33x

*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 ANY Biztonsági Nyomda Nyrt, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ANY Biztonsági Nyomda Nyrt's assets?
Raw Data
BUSE:ANY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HUF HUF444.79
BUSE:ANY Share Price * BUSE (2019-06-25) in HUF HUF1345
Europe Commercial Services Industry PB Ratio Median Figure of 143 Publicly-Listed Commercial Services Companies 1.54x
Hungary Market PB Ratio Median Figure of 28 Publicly-Listed Companies 1.81x
BUSE:ANY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BUSE:ANY Share Price ÷ Book Value per Share (both in HUF)

= 1345 ÷ 444.79

3.02x

* Primary Listing of ANY Biztonsági Nyomda Nyrt.

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

  • ANY Biztonsági Nyomda Nyrt is overvalued based on assets compared to the Europe Commercial Services industry average.
X
Value checks
We assess ANY Biztonsági Nyomda Nyrt'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. ANY Biztonsági Nyomda Nyrt 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 ANY Biztonsági Nyomda Nyrt expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

  • No analysts cover ANY Biztonsági Nyomda Nyrt, future earnings growth has been estimated based on fundamentals.
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
-8.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ANY Biztonsági Nyomda Nyrt expected to grow at an attractive rate?
  • ANY Biztonsági Nyomda Nyrt's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 3%.
Growth vs Market Checks
  • ANY Biztonsági Nyomda Nyrt's earnings are expected to decrease over the next 1-3 years, this is below the Hungary market average.
  • ANY Biztonsági Nyomda Nyrt's revenue growth is positive but not above the Hungary market average.
Annual Growth Rates Comparison
Raw Data
BUSE:ANY Future Growth Rates Data Sources
Data Point Source Value (per year)
BUSE:ANY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -8.8%
BUSE:ANY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.3%
Europe Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 21%
Europe Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Hungary Market Earnings Growth Rate Market Cap Weighted Average 5%
Hungary Market Revenue Growth Rate Market Cap Weighted Average 4.5%

*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
BUSE:ANY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in HUF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BUSE:ANY Future Estimates Data
Date (Data in HUF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 36,542 3,330 1
2022-12-31 36,981 2,991 1
2021-12-31 30,957 2,830 2
2020-12-31 29,612 2,837 2
2019-12-31 32,149 3,191 1
BUSE:ANY Past Financials Data
Date (Data in HUF Millions) Revenue Cash Flow Net Income *
2019-03-31 30,255 3,819 1,137
2018-12-31 30,527 2,259 1,140
2018-09-30 30,730 3,014 1,236
2018-06-30 29,613 3,607 1,220
2018-03-31 28,297 1,001 1,205
2017-12-31 26,181 1,257 1,132
2017-09-30 25,038 2,150 1,087
2017-06-30 25,406 1,291 1,065
2017-03-31 24,964 1,386 1,060
2016-12-31 24,911 2,276 1,203
2016-09-30 23,730 1,429 1,461
2016-06-30 22,742 1,378 1,406

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ANY Biztonsági Nyomda Nyrt's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • ANY Biztonsági Nyomda Nyrt's revenue is expected to grow by 4.3% 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
BUSE:ANY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from ANY Biztonsági Nyomda Nyrt Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BUSE:ANY Future Estimates Data
Date (Data in HUF 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
BUSE:ANY Past Financials Data
Date (Data in HUF Millions) EPS *
2019-03-31 79.23
2018-12-31 79.44
2018-09-30 86.18
2018-06-30 85.04
2018-03-31
2017-12-31 78.92
2017-09-30 75.77
2017-06-30 74.23
2017-03-31 73.91
2016-12-31 83.87
2016-09-30
2016-06-30 98.04

*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.
  • ANY Biztonsági Nyomda Nyrt is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess ANY Biztonsági Nyomda Nyrt'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
ANY Biztonsági Nyomda Nyrt has a total score of 1/6, 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 ANY Biztonsági Nyomda Nyrt 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 ANY Biztonsági Nyomda Nyrt's growth in the last year to its industry (Commercial Services).
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.
  • ANY Biztonsági Nyomda Nyrt's year on year earnings growth rate has been positive over the past 5 years.
  • ANY Biztonsági Nyomda Nyrt's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • ANY Biztonsági Nyomda Nyrt's 1-year earnings growth is negative, it can't be compared to the Europe Commercial Services industry average.
Earnings and Revenue History
ANY Biztonsági Nyomda Nyrt'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 ANY Biztonsági Nyomda Nyrt Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BUSE:ANY Past Revenue, Cash Flow and Net Income Data
Date (Data in HUF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 30,255.39 1,136.64 6,187.58
2018-12-31 30,527.08 1,139.70 6,125.01
2018-09-30 30,729.68 1,236.26 6,406.25
2018-06-30 29,612.90 1,220.01 6,127.22
2018-03-31 28,297.48 1,204.94 6,368.66
2017-12-31 26,180.92 1,132.12 6,005.53
2017-09-30 25,038.02 1,086.99 5,223.06
2017-06-30 25,406.04 1,064.82 5,583.47
2017-03-31 24,963.61 1,060.32 5,210.80
2016-12-31 24,911.12 1,203.20 5,276.53
2016-09-30 23,729.79 1,460.98 5,392.48
2016-06-30 22,741.81 1,406.42 4,973.71
2016-03-31 21,954.02 1,368.49 4,835.47
2015-12-31 21,366.02 1,218.40 4,604.74
2015-09-30 21,642.28 1,206.04 4,563.67
2015-06-30 21,553.28 1,199.38 4,509.82
2015-03-31 22,069.82 1,258.78 4,490.34
2014-12-31 22,691.68 1,282.32 4,498.99
2014-09-30 21,534.38 1,046.81 4,369.92
2014-06-30 20,684.44 963.98 4,089.18
2014-03-31 19,208.51 882.34 3,944.25
2013-12-31 18,021.15 811.96 3,877.33
2013-09-30 17,808.84 776.53 3,817.94
2013-06-30 17,007.94 734.35 3,630.04
2013-03-31 17,102.33 696.35 3,632.87
2012-12-31 16,780.93 657.33 3,603.88
2012-09-30 16,628.80 591.64 3,421.19
2012-06-30 17,029.74 580.87 3,585.57

*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.
  • ANY Biztonsági Nyomda Nyrt has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • ANY Biztonsági Nyomda Nyrt used its assets more efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • ANY Biztonsági Nyomda Nyrt has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ANY Biztonsági Nyomda Nyrt'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 Commercial Services 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.
ANY Biztonsági Nyomda Nyrt has a total score of 3/6, 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 ANY Biztonsági Nyomda Nyrt'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 ANY Biztonsági Nyomda Nyrt's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ANY Biztonsági Nyomda Nyrt is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ANY Biztonsági Nyomda Nyrt's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ANY Biztonsági Nyomda Nyrt'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 1.8x 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 ANY Biztonsági Nyomda Nyrt Company Filings, last reported 2 months ago.

BUSE:ANY Past Debt and Equity Data
Date (Data in HUF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 7,275.61 6,481.31 1,209.29
2018-12-31 7,142.23 6,178.89 1,020.32
2018-09-30 6,972.75 4,631.90 923.75
2018-06-30 7,768.51 3,781.41 1,175.58
2018-03-31 7,641.74 5,927.20 831.24
2017-12-31 7,214.68 4,692.18 866.75
2017-09-30 7,218.59 4,773.67 871.42
2017-06-30 8,032.70 4,214.70 1,106.88
2017-03-31 7,609.19 3,716.97 886.05
2016-12-31 7,374.45 2,668.79 865.50
2016-09-30 7,040.72 3,798.09 610.16
2016-06-30 7,702.93 2,600.52 722.87
2016-03-31 7,393.43 2,842.01 884.67
2015-12-31 6,892.07 0.08 814.88
2015-09-30 6,605.92 591.44 759.00
2015-06-30 6,280.21 56.77 752.83
2015-03-31 7,103.37 0.08 1,730.78
2014-12-31 6,838.10 45.45 1,651.74
2014-09-30 6,577.59 47.71 1,060.54
2014-06-30 6,271.57 49.47 1,212.00
2014-03-31 6,753.09 49.97 1,190.02
2013-12-31 6,427.31 58.06 1,629.00
2013-09-30 6,277.08 35.09 1,588.45
2013-06-30 6,105.34 35.69 1,297.59
2013-03-31 6,542.79 7.27 1,672.62
2012-12-31 6,298.46 37.01 1,798.30
2012-09-30 6,170.19 36.78 1,262.89
2012-06-30 6,061.51 37.94 595.97
  • ANY Biztonsági Nyomda Nyrt's level of debt (89.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.3% vs 89.1% today).
  • Debt is well covered by operating cash flow (58.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 17.6x coverage).
X
Financial health checks
We assess ANY Biztonsági Nyomda Nyrt'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. ANY Biztonsági Nyomda Nyrt has a total score of 4/6, 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 ANY Biztonsági Nyomda Nyrt'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
5.87%
Current annual income from ANY Biztonsági Nyomda Nyrt dividends. Estimated to be 6.87% next year.
If you bought HUF2,000 of ANY Biztonsági Nyomda Nyrt shares you are expected to receive HUF117 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?
  • ANY Biztonsági Nyomda Nyrt's pays a higher dividend yield than the bottom 25% of dividend payers in Hungary (2.32%).
  • ANY Biztonsági Nyomda Nyrt's dividend is above the markets top 25% of dividend payers in Hungary (5.74%).
Upcoming dividend payment

Purchase ANY Biztonsági Nyomda Nyrt 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
BUSE:ANY 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 2 Analyst Estimates (S&P Global) See Below
Europe Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 77 Stocks 3.1%
Hungary Market Average Dividend Yield Market Cap Weighted Average of 14 Stocks 3%
Hungary Minimum Threshold Dividend Yield 10th Percentile 1.9%
Hungary Bottom 25% Dividend Yield 25th Percentile 2.3%
Hungary Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

BUSE:ANY Future Dividends Estimate Data
Date (Data in HUF) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 105.00 1.00
2022-12-31 107.00 1.00
2021-12-31 90.75 2.00
2020-12-31 89.50 2.00
2019-12-31 83.55 2.00
BUSE:ANY Past Annualized Dividends Data
Date (Data in HUF) Dividend per share (annual) Avg. Yield (%)
2019-03-11 79.000 5.828
2018-03-09 81.000 6.166
2017-04-06 86.000 6.308
2016-04-04 67.000 5.987
2015-04-20 73.000 7.257
2014-04-30 57.000 6.897
2014-03-05 55.000 7.041
2013-03-05 44.000 8.238
2012-05-17 43.000 10.032
2012-02-29 43.000 8.093
2011-01-17 35.000 5.027
2010-02-05 0.000 0.000
2009-12-31 0.000 0.000
2009-09-30 53.000 6.189

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of ANY Biztonsági Nyomda Nyrt's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess ANY Biztonsági Nyomda Nyrt's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.9%) - 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 ANY Biztonsági Nyomda Nyrt afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ANY Biztonsági Nyomda Nyrt 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 ANY Biztonsági Nyomda Nyrt'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
Gábor Zsámboki
TENURE AS CEO 11.1 years
CEO Bio

Mr. Gábor Zsámboki has been the Chief Executive Officer of ANY Security Printing Company Public Limited Company since May 01, 2008 and served its General Manager since April, 2008. Mr. Zsámboki has been Deputy Chairman of ANY Security Printing Company Public Limited Company August 11, 2014 and has been its Director since August 11, 2005. Mr. Zsámboki served as a Deputy General Manager of Sales And Marketing at Állami Nyomda Plc until 2008.

CEO Compensation
  • Insufficient data for Gábor to compare compensation growth.
  • Insufficient data for Gábor to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Gábor Zsámboki

TITLE
Vice-Chairman & CEO
TENURE
11.1 yrs

Tamás Karakó

TITLE
Chief Financial Officer
TENURE
2.4 yrs

Norbert Szász

TITLE
Director of IT Development & Operations

Zoltán Tóth

TITLE
Chief Technical & Production Officer

Gábor Péter

TITLE
Chief Information Officer

Ádám Szobota

TITLE
Administration & Coordination Director

László Balla

TITLE
Chief Sales & Marketing Officer and Deputy CEO

Patrícia Antal-Császár

TITLE
Human Resources Director

Lajos Székelyhidi

TITLE
Chief Research & Development Officer

István Ignácz

TITLE
Chief Security Officer
Board of Directors Tenure

Average tenure of the ANY Biztonsági Nyomda Nyrt board of directors in years:

12.2
Average Tenure
  • The average tenure for the ANY Biztonsági Nyomda Nyrt board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ákos Erdos

TITLE
Chairman of the Board

Gábor Zsámboki

TITLE
Vice-Chairman & CEO
TENURE
4.8 yrs

Istvánné Gömöri

TITLE
Vice-Chairman of Supervisory Board
TENURE
13.8 yrs

Tamás Sárközy

TITLE
Chairman of Supervisory Board
TENURE
12.2 yrs

György Gyergyák

TITLE
Director
TENURE
25.4 yrs

Erwin Reisch

TITLE
Director
TENURE
5.1 yrs

Tamás Erdos

TITLE
Director
TENURE
5.1 yrs

Gábor Kepecs

TITLE
Director
TENURE
1.1 yrs

Ferenc Berkesi

TITLE
Member of Supervisory Board
TENURE
13.8 yrs

Imre Repa

TITLE
Member of Supervisory Board
TENURE
12.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HUF) Value (HUF)
X
Management checks
We assess ANY Biztonsági Nyomda Nyrt'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. ANY Biztonsági Nyomda Nyrt 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

Should You Be Impressed By ANY Biztonsági Nyomda Nyrt.'s (BUSE:ANY) ROE?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for ANY Biztonsági Nyomda Nyrt: 19% = Ft1.1b ÷ Ft7.3b (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining ANY Biztonsági Nyomda Nyrt's Debt And Its 19% Return On Equity ANY Biztonsági Nyomda Nyrt has a debt to equity ratio of 0.89, which is far from excessive. … A company that can achieve a high return on equity without debt could be considered a high quality business.

Simply Wall St -

Despite Its High P/E Ratio, Is ANY Biztonsági Nyomda Nyrt. (BUSE:ANY) Still Undervalued?

View our latest analysis for ANY Biztonsági Nyomda Nyrt How Do You Calculate ANY Biztonsági Nyomda Nyrt's P/E Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for ANY Biztonsági Nyomda Nyrt: P/E of 16.98 = HUF1345 ÷ HUF79.23 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good? … ANY Biztonsági Nyomda Nyrt shrunk earnings per share by 3.3% last year.

Simply Wall St -

ANY Security Printing (BUSE:ANY) Shareholders Booked A 90% Gain In The Last Five Years

Unfortunately for shareholders, while the ANY Security Printing Company Public Limited Company (BUSE:ANY) share price is up 90% in the last five years, that's less than the market return. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … Over half a decade, ANY Security Printing managed to grow its earnings per share at 7.0% a year.

Simply Wall St -

ANY Security Printing Company Public Limited Company (BUSE:ANY): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like ANY Security Printing Company Public Limited Company (BUSE:ANY), with a market cap of Ft19b. … Understanding the company's financial health becomes. … We'll look at some basic checks that can form a snapshot the company’s financial strength.

Simply Wall St -

Want To Invest In ANY Security Printing Company Public Limited Company (BUSE:ANY)? Here's How It Performed Lately

Below, I will assess ANY's latest performance announced on 31 December 2018 and weight these figures against its longer term trend and industry movements. … ANY's trailing twelve-month earnings (from 31 December 2018) of Ft1.1b has … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 3.1%, indicating the rate at which ANY is growing has slowed down

Simply Wall St -

Do Institutions Own ANY Security Printing Company Public Limited Company (BUSE:ANY) Shares?

A look at the shareholders of ANY Security Printing Company Public Limited Company (BUSE:ANY) can tell us which group is most powerful. … ANY Security Printing is a smaller company with a market capitalization of Ft19b, so it may still be flying under the radar of many institutional investors. … See our latest analysis for ANY Security Printing

Simply Wall St -

Is ANY Security Printing Company Public Limited Company’s (BUSE:ANY) 22% ROCE Any Good?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

Do You Know What ANY Security Printing Company Public Limited Company's (BUSE:ANY) P/E Ratio Means?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … ANY Security Printing has a price to earnings ratio of 15.55, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is ANY Security Printing Company Public Limited Company (BUSE:ANY) A Smart Choice For Dividend Investors?

Historically, ANY Security Printing Company Public Limited Company (BUSE:ANY) has paid a dividend to shareholders. … Let's dig deeper into whether ANY Security Printing should have a place in your portfolio. … View our latest analysis for ANY Security Printing

Simply Wall St -

Have You Considered This Before Investing In ANY Security Printing Company Public Limited Company (BUSE:ANY)?

ANY Security Printing Company Public Limited Company (BUSE:ANY) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … I will take you through ANY Security Printing’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … ANY Security Printing’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure

Simply Wall St -

Company Info

Description

ANY Biztonsági Nyomda Nyrt. operates as a security printing company in Europe. Its products include documents and e-IDs; contactless bank cards and solutions with applications in public transport, loyalty, and e-banking; customers’ loyalty card systems; passport and Visa solutions, including biometric passport and Visa stickers; ID project management; tax and excise stamps; and document security solutions, including document printers, paper additives, security inks, and mobile verification devices and applications. The company also provides business, lottery, and election forms; meal vouchers and printed matter with security features; security labels; and tickets and passes for public transport. It serves government, financial, retail, and transport sectors. The company was formerly known as State Printing Company PLC. ANY Biztonsági Nyomda Nyrt. was founded in 1851 and is based in Budapest, Hungary.

Details
Name: ANY Biztonsági Nyomda Nyrt.
ANY
Exchange: BUSE
Founded: 1851
HUF19,295,111,760
14,345,808
Website: http://www.any.hu
Address: ANY Biztonsági Nyomda Nyrt.
Halom utca. 5,
Budapest,
1102,
Hungary
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BUSE ANY Class A Registered Shares Budapest Stock Exchange HU HUF 03. Jan 2006
Number of employees
Current staff
Staff numbers
939
ANY Biztonsági Nyomda Nyrt employees.
Industry
Commercial Printing
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 20:53
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/05/17
Last earnings reported: 2019/03/31
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.