Brait SE, an investment holding company, focuses on its investment portfolio of sizeable unlisted businesses operating in the consumer sector.
Overvalued with worrying balance sheet.
Share Price & News
How has Brait's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BRTOR's share price has been volatile over the past 3 months.
7 Day Return
LU Capital Markets
1 Year Return
LU Capital Markets
Return vs Industry: BRTOR underperformed the Luxembourg Capital Markets industry which returned 11% over the past year.
Return vs Market: BRTOR underperformed the Luxembourg Market which returned -16.8% over the past year.
Price Volatility Vs. Market
How volatile is Brait's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Brait undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BRTOR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BRTOR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BRTOR is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: BRTOR is unprofitable, so we can't compare its PE Ratio to the Luxembourg market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BRTOR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRTOR is good value based on its PB Ratio (0.2x) compared to the XE Capital Markets industry average (1.3x).
How is Brait forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRTOR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BRTOR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BRTOR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if BRTOR's revenue is forecast to grow faster than the Luxembourg market.
High Growth Revenue: Insufficient data to determine if BRTOR'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 BRTOR's Return on Equity is forecast to be high in 3 years time
How has Brait performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRTOR is currently unprofitable.
Growing Profit Margin: BRTOR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BRTOR is unprofitable, and losses have increased over the past 5 years at a rate of -56% per year.
Accelerating Growth: Unable to compare BRTOR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BRTOR is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (5.7%).
Return on Equity
High ROE: BRTOR has a negative Return on Equity (-53.59%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Brait's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BRTOR has a low level of unsold assets or inventory.
Debt Coverage by Assets: BRTOR's debt is not covered by short term assets (assets are 0.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BRTOR has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: BRTOR has been profitable on average in the past, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: BRTOR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if BRTOR has a sufficient allowance for bad loans.
Low Risk Liabilities: BRTOR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if BRTOR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BRTOR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if BRTOR has an appropriate level of bad loans.
What is Brait's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BRTOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BRTOR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BRTOR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRTOR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BRTOR is not paying a notable dividend for the Luxembourg market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRTOR's dividend in 3 years as they are not forecast to pay a notable one for the Luxembourg market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Brait has no CEO, or we have no data on them.
|Independent Non-Executive Director||4.1yrs||€93.00k||no data|
|Independent Non-Executive Director||10.7yrs||€132.00k||no data|
|Non-Executive Director||8.8yrs||€149.00k||1.9% €10.4m|
|Independent Non-Executive Director||14.6yrs||€83.00k||0.0038% €20.7k|
|Independent Non-Executive Director||5yrs||€83.00k||no data|
|Independent Non-Executive Chairman||10.4yrs||€176.00k||0.011% €58.9k|
|Independent Non-Executive Director||6.8yrs||€41.00k||no data|
|Alternate Director||0.3yrs||no data||no data|
Experienced Board: BRTOR's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BRTOR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brait SE's company bio, employee growth, exchange listings and data sources
- Name: Brait SE
- Ticker: BRTOR
- Exchange: BDL
- Founded: 2011
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: R9.042b
- Listing Market Cap: R546.444m
- Shares outstanding: 1.32b
- Website: https://www.brait.com
Number of Employees
- Brait SE
- Avantech Building
- 4th Floor
- San Gwann
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BRTOR||BDL (Bourse de Luxembourg)||Yes||Ordinary Shares||LU||EUR||Jan 1992|
|BAT||JSE (The Johannesburg Securities Exchange)||Yes||Ordinary Shares||ZA||ZAR||Jan 1992|
Brait SE, an investment holding company, focuses on its investment portfolio of sizeable unlisted businesses operating in the consumer sector. The company’s primary investment portfolio includes Virgin Active, Premier, Iceland Foods, and New Look. The company’s New Look business offers apparel, footwear, and accessories for women, men, and teenage girls. It also operates 238 health clubs under Virgin Active in South Africa, the United Kingdom, Italy, Australia, Namibia, Botswana, Thailand, and Singapore. In addition, the company operates Premier, which produces fast moving consumer goods, including wheat flour, maize meal, bread, feminine hygiene products, sugar confectionery, animal feeds, and other food products in South Africa, Eswatini, Lesotho, and Mozambique. Further, the company produces and exports wine, spirits, and craft beer through DGB in South Africa; and manufactures and supplies glass packaging products to the beverage and food companies through Consol in South Africa, Nigeria, and Kenya. Additionally, it offers frozen food, such as milk, eggs, ready meals, pizza, party food, meat, fish, poultry, vegetables, and grocery in Iceland, Ireland, Czech Republic, Spain, Portugal, the Channel Islands, the Isle of Man, Malta, and Norway. As of September 13, 2019, the company operated 960 food retail stores under the Iceland brand name in the United Kingdom, as well as distributes its products through Internet. Brait SE was incorporated in 2011 and is based in San Gwann, Malta.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 21:11|
|End of Day Share Price||2020/02/25 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.