CdR Advance Capital S.p.A. engages in the financial distressed activities in Italy.
+ 3 more risks
Undervalued with acceptable track record.
Share Price & News
How has CdR Advance Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CDR's share price has been volatile over the past 3 months.
7 Day Return
IT Professional Services
1 Year Return
IT Professional Services
Return vs Industry: CDR underperformed the Italian Professional Services industry which returned 42.3% over the past year.
Return vs Market: CDR underperformed the Italian Market which returned 17.6% over the past year.
Price Volatility Vs. Market
How volatile is CdR Advance Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWe Wouldn't Rely On CdR Advance Capital's (BIT:CDR) Statutory Earnings As A Guide
2 months ago | Simply Wall StSome CdR Advance Capital (BIT:CDR) Shareholders Are Down 37%
3 months ago | Simply Wall StWhy We’re Not Impressed By CdR Advance Capital S.p.A.’s (BIT:CDR) 5.1% ROCE
Is CdR Advance Capital undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CDR (€0) is trading below our estimate of fair value (€11.21)
Significantly Below Fair Value: CDR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CDR is good value based on its PE Ratio (0x) compared to the Professional Services industry average (20.4x).
PE vs Market: CDR is good value based on its PE Ratio (0x) compared to the Italian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CDR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CDR is good value based on its PB Ratio (0x) compared to the XE Professional Services industry average (2.3x).
How is CdR Advance Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CdR Advance Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether CdR Advance Capital is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- CdR Advance Capital competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has CdR Advance Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CDR has a large one-off gain of €1.9M impacting its June 30 2019 financial results.
Growing Profit Margin: CDR's current net profit margins (6.9%) are lower than last year (12.9%).
Past Earnings Growth Analysis
Earnings Trend: CDR has become profitable over the past 5 years, growing earnings by 12.3% per year.
Accelerating Growth: CDR's earnings growth over the past year (64.7%) exceeds its 5-year average (12.3% per year).
Earnings vs Industry: CDR earnings growth over the past year (64.7%) exceeded the Professional Services industry 18.2%.
Return on Equity
High ROE: CDR's Return on Equity (4.8%) is considered low.
Return on Assets
Return on Capital Employed
How is CdR Advance Capital's financial position?
Financial Position Analysis
Short Term Liabilities: CDR's short term assets (€48.9M) exceed its short term liabilities (€20.1M).
Long Term Liabilities: CDR's short term assets (€48.9M) exceed its long term liabilities (€24.0M).
Debt to Equity History and Analysis
Debt Level: CDR's debt to equity ratio (122.7%) is considered high.
Reducing Debt: CDR's debt to equity ratio has increased from 9.9% to 122.7% over the past 5 years.
Debt Coverage: CDR's debt is well covered by operating cash flow (43.1%).
Interest Coverage: CDR's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Inventory Level: CDR has a high level of physical assets or inventory.
Debt Coverage by Assets: CDR's debt is covered by short term assets (assets are 1.4x debt).
What is CdR Advance Capital's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CDR's dividend (10200%) is higher than the bottom 25% of dividend payers in the Italian market (1.94%).
High Dividend: CDR's dividend (10200%) is in the top 25% of dividend payers in the Italian market (4.37%)
Stability and Growth of Payments
Stable Dividend: CDR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CDR's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.6%), CDR'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.
How experienced are the management team and are they aligned to shareholders interests?
Mauro Girardi (57yo)
Mr. Mauro Girardi serves as Chairman and Chief Executive Officer of CdR Advance Capital S.p.A. Mr. Girardi has been Chairman of the Board of Directors and Chief Executive Officer of Figerbiella since 1984. ...
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.3%.
CdR Advance Capital S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: CdR Advance Capital S.p.A.
- Ticker: CDR
- Exchange: BIT
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: €16.996k
- Shares outstanding: 33.99m
- Website: https://www.compagniadellaruota.com
- CdR Advance Capital S.p.A.
- Via Aldo Moro 3 / A
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CDR||BIT (Borsa Italiana)||Yes||Class A shares||IT||EUR||Oct 2012|
CdR Advance Capital S.p.A. engages in the financial distressed activities in Italy. The company’s financial distressed operations include proposing a bankruptcy agreement; and valuation and subsequent disposal of the assets acquired. It is also involved in the provision of advisory services and assistance in formulating the plan for restructuring and rehabilitation; and debtor's activities directly or through specific vehicles owned and financed by its creditors through conversion or accumulation of the respective creditors and performing third parties. The company is based in Biella, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 22:21|
|End of Day Share Price||2020/01/14 00:00|
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.