Accell Group N.V. designs, develops, produces, markets, and sells bicycles, and bicycle parts and accessories.
Fair value with acceptable track record.
Share Price & News
How has Accell Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACCEL's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ACCEL underperformed the Dutch Leisure industry which returned -25.7% over the past year.
Return vs Market: ACCEL underperformed the Dutch Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is Accell Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StBased On Its ROE, Is Accell Group N.V. (AMS:ACCEL) A High Quality Stock?
1 year ago | Simply Wall StWhat Should You Know About Accell Group NV's (AMS:ACCEL) Return On Capital?
1 year ago | Simply Wall StWhy You Need To Look At This Factor Before Buying Accell Group NV (AMS:ACCEL)
Is Accell Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ACCEL (€12.64) is trading above our estimate of fair value (€7.72)
Significantly Below Fair Value: ACCEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ACCEL is good value based on its PE Ratio (5.7x) compared to the Leisure industry average (10.4x).
PE vs Market: ACCEL is good value based on its PE Ratio (5.7x) compared to the Dutch market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACCEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACCEL is good value based on its PB Ratio (1x) compared to the XE Leisure industry average (1.4x).
How is Accell Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Consumer Durables industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ACCEL's forecast earnings growth is above the savings rate (-0.2%).
Earnings vs Market: Insufficient data to determine if ACCEL's earnings are forecast to grow faster than the Dutch market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if ACCEL's revenue is forecast to grow faster than the Dutch market.
High Growth Revenue: Insufficient data to determine if ACCEL'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 ACCEL's Return on Equity is forecast to be high in 3 years time
How has Accell Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACCEL has a high level of non-cash earnings.
Growing Profit Margin: ACCEL's current net profit margins (5.3%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: ACCEL's earnings have declined by -1.6% per year over the past 5 years.
Accelerating Growth: ACCEL's earnings growth over the past year (51.9%) exceeds its 5-year average (-1.6% per year).
Earnings vs Industry: ACCEL earnings growth over the past year (51.9%) exceeded the Leisure industry -6.9%.
Return on Equity
High ROE: ACCEL's Return on Equity (18.3%) is considered low.
How is Accell Group's financial position?
Financial Position Analysis
Short Term Liabilities: ACCEL's short term assets (€574.2M) exceed its short term liabilities (€406.9M).
Long Term Liabilities: ACCEL's short term assets (€574.2M) exceed its long term liabilities (€129.1M).
Debt to Equity History and Analysis
Debt Level: ACCEL's debt to equity ratio (76.9%) is considered high.
Reducing Debt: ACCEL's debt to equity ratio has increased from 60.5% to 76.9% over the past 5 years.
Debt Coverage: ACCEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ACCEL's interest payments on its debt are well covered by EBIT (6.4x coverage).
Inventory Level: ACCEL has a high level of physical assets or inventory.
Debt Coverage by Assets: ACCEL's debt is covered by short term assets (assets are 2.3x debt).
What is Accell Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACCEL's dividend (2.37%) isn’t notable compared to the bottom 25% of dividend payers in the Dutch market (3.03%).
High Dividend: ACCEL's dividend (2.37%) is low compared to the top 25% of dividend payers in the Dutch market (7.87%).
Stability and Growth of Payments
Stable Dividend: ACCEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACCEL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.5%), ACCEL's dividend payments are thoroughly 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?
Average management tenure
Ton Anbeek (57yo)
Mr. A. H. Anbeek, also known as Ton, has been the Chairman and Chief Executive Officer of Accell Group N.V. since November 1, 2017. Mr. Anbeek served as Chief Executive Officer of Beter Bed Holding NV sinc ...
CEO Compensation Analysis
Compensation vs Market: Ton's total compensation ($USD848.81K) is about average for companies of similar size in the Dutch market ($USD856.20K).
Compensation vs Earnings: Ton's compensation has been consistent with company performance over the past year.
|Chairman & CEO||2.25yrs||€772.42k||0.13% €432.4k|
|CFO & Director||1.25yrs||€639.58k||no data|
|Chief Supply Chain Officer & Director||5yrs||€536.27k||0.11% €371.5k|
|Chief Commercial Officer||2yrs||no data||no data|
Experienced Management: ACCEL's management team is considered experienced (2.1 years average tenure).
|Member of Supervisory Board||8.83yrs||€55.96k||no data|
|Member of Supervisory Board||1.83yrs||€52.79k||no data|
|Vice-Chairman of Supervisory Board||no data||€53.17k||no data|
|Chairman of Supervisory Board||0.83yr||€64.21k||no data|
Experienced Board: ACCEL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Accell Group N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Accell Group N.V.
- Ticker: ACCEL
- Exchange: ENXTAM
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: €338.816m
- Shares outstanding: 26.81m
- Website: https://www.accell-group.com
Number of Employees
- Accell Group N.V.
- Industrieweg 4
- 8444 AR
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACCEL||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Dec 2004|
|AO1B||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2004|
|0P4C||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Dec 2004|
|ACGP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2004|
|ACCELA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Dec 2004|
Accell Group N.V. designs, develops, produces, markets, and sells bicycles, and bicycle parts and accessories. The company primarily offers electric, city, recreational, transport, children’s, mama, mountain, racing, and folding bikes, as well as speed pedelec; and accessories, such as helmets, clothing, bicycle racks, child trailers, and bags. It sells its products under the Haibike, Winora, Ghost, Batavus, Koga, Lapierre, Raleigh, Sparta, Babboe, Carqon, Tunturi, Atala, Loekie, Nishiki, Van Nicholas, Carraro Cicli, and XLC brands in the Netherlands, Germany, other European countries, and internationally. The company serves dealers and consumers. Accell Group N.V. is headquartered in Heerenveen, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 20:45|
|End of Day Share Price||2020/03/31 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.