BUSE:AKKO

Stock Analysis Report

Executive Summary

AKKO Invest Nyrt. invests in money market and capital market instruments, and in the real economy.

Snowflake

Fundamentals

Limited growth with worrying balance sheet.

Share Price & News

How has AKKO Invest Nyrt's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.4%

AKKO

0.3%

HU Capital Markets

2.8%

HU Market


1 Year Return

404.2%

AKKO

1.8%

HU Capital Markets

13.3%

HU Market

Return vs Industry: AKKO exceeded the Hungarian Capital Markets industry which returned 1.8% over the past year.

Return vs Market: AKKO exceeded the Hungarian Market which returned 13.3% over the past year.


Shareholder returns

AKKOIndustryMarket
7 Day1.4%0.3%2.8%
30 Day-1.3%-1.0%1.9%
90 Day16.3%2.5%2.0%
1 Year404.2%404.2%6.1%1.8%16.5%13.3%
3 Year524.7%459.2%21.5%7.1%53.9%41.3%
5 Year915.6%809.1%6.1%-13.8%170.1%136.2%

Price Volatility Vs. Market

How volatile is AKKO Invest Nyrt's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AKKO Invest Nyrt undervalued compared to its fair value and its price relative to the market?

364.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AKKO (HUF30000) is trading above our estimate of fair value (HUF10526.03)

Significantly Below Fair Value: AKKO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AKKO is poor value based on its PE Ratio (364x) compared to the Capital Markets industry average (20.9x).

PE vs Market: AKKO is poor value based on its PE Ratio (364x) compared to the Hungarian market (14.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AKKO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AKKO is overvalued based on its PB Ratio (2.3x) compared to the XE Capital Markets industry average (1.3x).


Next Steps

Future Growth

How is AKKO Invest Nyrt forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKKO's forecast earnings growth (8.4% per year) is above the savings rate (3%).

Earnings vs Market: AKKO's earnings (8.4% per year) are forecast to grow faster than the Hungarian market (6.3% per year).

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

Revenue vs Market: Insufficient data to determine if AKKO's revenue is forecast to grow faster than the Hungarian market.

High Growth Revenue: Insufficient data to determine if AKKO's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AKKO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has AKKO Invest Nyrt performed over the past 5 years?

-34.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AKKO's earnings have declined by -34.4% per year over the past 5 years.

Accelerating Growth: AKKO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AKKO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.7%).


Return on Equity

High ROE: AKKO's Return on Equity (2.5%) is considered low.


Return on Assets

ROA vs Industry: AKKO's Return on Assets is below or equal to the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: AKKO's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is AKKO Invest Nyrt's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: AKKO has a high level of physical assets or inventory.

Debt Coverage by Assets: AKKO's debt is covered by short term assets (assets are 54.709300x debt).


Financial Institutions Analysis

Asset Level: AKKO's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if AKKO has a sufficient allowance for bad loans.

Low Risk Liabilities: AKKO reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if AKKO has an acceptable proportion of non-loan assets held.

Low Risk Deposits: AKKO has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if AKKO has an appropriate level of bad loans.


Next Steps

Dividend

What is AKKO Invest Nyrt's current dividend yield, its reliability and sustainability?

2.36%

Current Dividend Yield


Dividend Yield vs Market

company2.4%marketbottom25%2.1%markettop25%5.6%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: AKKO's dividend (2.36%) is higher than the bottom 25% of dividend payers in the Hungarian market (2.14%).

High Dividend: AKKO's dividend (2.36%) is low compared to the top 25% of dividend payers in the Hungarian market (5.63%).

Stable Dividend: Whilst dividend payments have been stable, AKKO has been paying a dividend for less than 10 years.

Growing Dividend: AKKO has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (858.9%), AKKO's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of AKKO Invest Nyrt's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average board tenure


CEO

AKKO Invest Nyrt has no CEO, or we have no data on them.


Board Age and Tenure

0.8yrs

Average Tenure

Experienced Board: AKKO's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team


    Board Members

    • P rutkay Zoltán

      President of the Board

      • Tenure: 0.8yrs
    • K almár Zoltán József

      Deputy Chairman of the Board

      • Tenure: 0.8yrs
    • C sizma László

      Director

      • Tenure: 0.8yrs
    • L akatos Julianna

      Director

      • Tenure: 0.8yrs
    • K ovács Attila Gábor

      Director

      • Tenure: 0.8yrs

    Company Information

    AKKO Invest Nyrt.'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: AKKO Invest Nyrt.
    • Ticker: AKKO
    • Exchange: BUSE
    • Founded:
    • Industry: Asset Management and Custody Banks
    • Sector: Diversified Financials
    • Market Cap: Ft12.727b
    • Shares outstanding: 424.24k
    • Website: https://www.plotinus.hu

    Location

    • AKKO Invest Nyrt.
    • Tölgy u. 1
    • Felsotárkány
    • Heves
    • 3324
    • Hungary

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    AKKOBUSE (Budapest Stock Exchange)YesShare CapitalHUHUFFeb 2011
    8PL1BST (Boerse-Stuttgart)YesShare CapitalDEEURFeb 2011

    Biography

    AKKO Invest Nyrt. invests in money market and capital market instruments, and in the real economy. The company was formerly known as Plotinus Holding Nyrt. and changed its name to AKKO Invest Nyrt. in Marc ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/10/22 21:33
    End of Day Share Price2019/10/22 00:00
    Earnings2019/06/30
    Annual Earnings2018/12/31


    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.