Koninklijke VolkerWessels N.V., through its subsidiaries, operates as an integrated and diversified construction company in the Netherlands, the United Kingdom, North America, and Germany.
The last earnings update was 80 days ago.
Discounted Cash Flow Calculation for ENXTAM:KVW using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
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.
ENXTAM:KVW DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
Koninklijke VolkerWessels's share price is below the future cash flow value, and at a moderate discount (> 20%).
Koninklijke VolkerWessels's share price is below the future cash flow value, and at a substantial discount (> 40%).
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
is considered below, and whether this is a fair price.
Price based on past earnings
Koninklijke VolkerWessels's earnings available for a low price, and how does
this compare to other companies in the same industry?
Koninklijke VolkerWessels's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
Koninklijke VolkerWessels's revenue is expected to grow by 2.2% 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.
Koninklijke VolkerWessels's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Koninklijke VolkerWessels's finances.
The net worth of a company is the difference between its assets and liabilities.
Koninklijke VolkerWessels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Koninklijke VolkerWessels's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Koninklijke VolkerWessels'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
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 24x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
Mr. Jan de Ruiter, also known as Jan serves as Chairman of the Management Board at Koninklijke VolkerWessels N.V. since March 01, 2017 and has been its Member of The Management Board since March 1, 2017. From January 1, 2016 to March 1, 2017, Mr. De Ruiter served as an Adviser to Reggeborgh Invest B.V. Prior to joining VolkerWessels, he served as Chairman of the board of RBS N.V. and Country Executive Netherlands for the RBS Group, Global Head of M&A and ECM for ABN AMRO Bank N.V. and Joint Chief Executive Officer of ABN AMRO Rothschild. Mr. De Ruiter serves as a Supervisory Board Member of Deutsche Glasfaser Holding GmbH. He serves as a Supervisory Director of Varo Energy B.V.
Jan's compensation has been consistent with company performance over the past year, both up more than 20%.
Jan's remuneration is about average for companies of similar size in Netherlands.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Koninklijke VolkerWessels management team is over 5 years, this suggests they are a seasoned and experienced team.
Jan de Ruiter
Chairman of the Management Board
Jan van Rooijen
CFO & Member of Management Board
COO & Member of Management Board
Member of Management Board
Member of Management Board
Investor Relations Manager
H. W. R. A. Janssen
Director of Communication
Director of Corporate Development
Director of Human Resources
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Koninklijke VolkerWessels board of directors is less than 3 years, this suggests a new board.
Do Institutions Own Shares In Koninklijke VolkerWessels N.V. (AMS:KVW)?
View our latest analysis for Koninklijke VolkerWessels ENXTAM:KVW Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About Koninklijke VolkerWessels? … We can see that Koninklijke VolkerWessels does have institutional investors; and they hold 22% of the stock. … Insider Ownership Of Koninklijke VolkerWessels The definition of an insider can differ slightly between different countries, but members of the board of directors always count.
Is Koninklijke VolkerWessels N.V. (AMS:KVW) Trading At A 48% Discount?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Koninklijke VolkerWessels N.V. … by estimating the company's future cash flows and discounting them to their present value. … Remember though, that there are many ways to estimate a company's value, and a DCF is just one method.
Is Koninklijke VolkerWessels N.V. (AMS:KVW) Potentially Underrated?
As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.
Has Koninklijke VolkerWessels N.V. (AMS:KVW) Been Employing Capital Shrewdly?
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … How Do You Calculate Return On Capital Employed
Imagine Owning Koninklijke VolkerWessels And Wondering If The 14% Share Price Slide Is Justified
(AMS:KVW) share price up 26% in a single quarter. … But that is minimal compensation for the share price under-performance over the last year. … While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance.
How Much Of Koninklijke VolkerWessels N.V. (AMS:KVW) Do Institutions Own?
A look at the shareholders of Koninklijke VolkerWessels N.V. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of €1.2b, Koninklijke VolkerWessels is a decent size, so it is probably on the radar of institutional investors.
How Does Koninklijke VolkerWessels N.V. (AMS:KVW) Fare As A Dividend Stock?
Let's take a look at Koninklijke VolkerWessels in more detail. … See our latest analysis for Koninklijke VolkerWessels? … Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)
One Factor To Consider Before Investing In Koninklijke VolkerWessels N.V. (AMS:KVW)
I’ve analysed below, the health and outlook of Koninklijke VolkerWessels’s cash flow, which will help you understand the stock from a cash standpoint. … What is free cash flow. … Koninklijke VolkerWessels’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
Is Koninklijke VolkerWessels N.V.'s (AMS:KVW) Stock Available For A Good Price After Accounting For Growth?
Let’s look into this by assessing KVW's expected growth over the next few years. … Check out our latest analysis for Koninklijke VolkerWessels? … Analysts are predicting good growth prospects for Koninklijke VolkerWessels over the next couple of years
Koninklijke VolkerWessels N.V., through its subsidiaries, operates as an integrated and diversified construction company in the Netherlands, the United Kingdom, North America, and Germany. It engages in the construction and renovation of residential and non-residential properties, including industrial and logistic facilities; real estate development; and industrial production and supply of construction materials, comprising pre-fabricated building supplies. The company is also involved in road construction, service and maintenance, and asphalt production; railway construction, services and maintenance, and civil engineering activities for roads, waterways, and rail multi-disciplinary project management. In addition, it constructs and maintains energy infrastructure, such as oil, gas, and electricity; telecoms infrastructure, including fibre-optic and wireless networks. The company was incorporated in 2007 and is headquartered in Amersfoort, the Netherlands.
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