ENXTAM:TOM2

Stock Analysis Report

Executive Summary

TomTom N.V. develops and sells navigation and location-based products and services worldwide.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has TomTom's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

TOM2

1.4%

NL Consumer Durables

-0.2%

NL Market


1 Year Return

-19.0%

TOM2

9.0%

NL Consumer Durables

5.1%

NL Market

Return vs Industry: TOM2 underperformed the Dutch Consumer Durables industry which returned 9% over the past year.

Return vs Market: TOM2 underperformed the Dutch Market which returned 5.1% over the past year.


Shareholder returns

TOM2IndustryMarket
7 Day-4.9%1.4%-0.2%
30 Day-9.8%1.7%-1.1%
90 Day-7.0%2.2%-2.1%
1 Year42.3%-19.0%15.8%9.0%9.7%5.1%
3 Year22.9%-30.1%35.1%16.5%39.6%24.1%
5 Year65.2%-6.0%91.0%51.8%66.1%32.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is TomTom undervalued compared to its fair value and its price relative to the market?

12.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TOM2 (€9.79) is trading below our estimate of fair value (€11.15)

Significantly Below Fair Value: TOM2 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TOM2 is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: TOM2 is unprofitable, so we can't compare its PE Ratio to the Dutch market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TOM2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TOM2 is overvalued based on its PB Ratio (1.8x) compared to the XE Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is TomTom forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-83.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOM2 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TOM2 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TOM2 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TOM2's revenue (2% per year) is forecast to grow slower than the Dutch market (6% per year).

High Growth Revenue: TOM2's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TOM2's Return on Equity is forecast to be low in 3 years time (8.4%).


Next Steps

Past Performance

How has TomTom performed over the past 5 years?

-48.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TOM2 is unprofitable, and losses have increased over the past 5 years at a rate of -48% per year.

Accelerating Growth: Unable to compare TOM2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TOM2 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (0.9%).


Return on Equity

High ROE: TOM2 has a negative Return on Equity (-18.12%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: TOM2 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: TOM2 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is TomTom's financial position?


Financial Position Analysis

Short Term Liabilities: TOM2's short term assets (€662.2M) exceeds its short term liabilities (€359.9M)

Long Term Liabilities: TOM2's short term assets (662.2M) exceeds its long term liabilities (287.7M)


Debt to Equity History and Analysis

Debt Level: TOM2 is debt free.

Reducing Debt: TOM2 has no debt compared to 5 years ago when its debt to equity ratio was 19.4%.


Balance Sheet

Inventory Level: TOM2 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TOM2's debt is covered by short term assets.


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: Whilst unprofitable TOM2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TOM2 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.2% per year.


Next Steps

Dividend

What is TomTom's current dividend yield, its reliability and sustainability?

7.48%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%2.2%markettop25%6.0%industryaverage5.0%forecastin3Years7.5%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate TOM2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TOM2's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if TOM2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TOM2's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TOM2's dividend in 3 years as they are not forecast to pay a notable one for the Dutch market.


Next Steps

Management

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

6.7yrs

Average management tenure


CEO

Harold C. Goddijn (59yo)

18.8yrs

Tenure

€1,588,822

Compensation

Mr. Harold C. A. Goddijn has been the Chief Executive Officer of Tomtom International B.V., since 2001 and serves as its Member of Management Board. Mr. Goddijn has been the Chief Executive Officer at TomT ...


CEO Compensation Analysis

Compensation vs. Market: Harold C.'s total compensation ($USD1.77M) is about average for companies of similar size in the Dutch market ($USD1.77M).

Compensation vs Earnings: Harold C.'s compensation has increased whilst the company is unprofitable.


Management Age and Tenure

6.7yrs

Average Tenure

60.5yo

Average Age

Experienced Management: TOM2's management team is seasoned and experienced (6.7 years average tenure).


Board Age and Tenure

2.3yrs

Average Tenure

60yo

Average Age

Experienced Board: TOM2's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

Buy€140,40003 May 19
Alain De Taeye
EntityIndividual
Role
Member of Management Board
Member of the Management Board
Shares22,500.1
Max Price€6.24
Sell€310,80003 May 19
Alain De Taeye
EntityIndividual
Role
Member of Management Board
Member of the Management Board
Shares22,500.1
Max Price€13.81
Buy€399,26203 May 19
Harold C. Goddijn
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares63,984.65
Max Price€6.24

Ownership Breakdown


Management Team

  • Charles Davies (66yo)

    Group Chief Technology Officer

    • Tenure: 9.3yrs
  • Alain De Taeye (62yo)

    Member of the Management Board

    • Tenure: 11yrs
    • Compensation: €1.19m
  • Harold C. Goddijn (59yo)

    Co-Founder

    • Tenure: 18.8yrs
    • Compensation: €1.59m
  • Corinne Goddijn-Vigreux

    Chief Commercial Officer

    • Tenure: 0yrs
  • Pieter Geelen

    Co-Founder & Director of Software Development

    • Tenure: 28.8yrs
  • Taco J. Titulaer (48yo)

    Member of Management Board & CFO

    • Tenure: 4.2yrs
    • Compensation: €984.35k
  • Antoine Saucier

    Managing Director of Automotive Division

    • Tenure: 4.1yrs
  • Robert Bohemen

    Chief Marketing Officer

    • Tenure: 2yrs
  • Claudia Janssen

    Group Controller & Head of Investor Relations

    • Tenure: 1.3yrs
  • Anders Truelsen

    Managing Director of Enterprise

    • Tenure: 0yrs

Board Members

  • Derk Haank (66yo)

    Supervisory Board Chairman

    • Tenure: 0.5yrs
  • Jack De Kreij (60yo)

    Member of Supervisory Board

    • Tenure: 2.8yrs
  • Mike Rhodin (58yo)

    Member of Supervisory Board

    • Tenure: 2.5yrs
  • Jacqueline Tammenoms Bakker (66yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 0yrs
  • Bernd Leukert (51yo)

    Member of Supervisory Board

    • Tenure: 2.1yrs

Company Information

TomTom N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TomTom N.V.
  • Ticker: TOM2
  • Exchange: ENXTAM
  • Founded: 1991
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: €1.283b
  • Shares outstanding: 131.07m
  • Website: https://www.tomtom.com

Number of Employees


Location

  • TomTom N.V.
  • De Ruijterkade 154
  • Amsterdam
  • Noord-Holland
  • 1011 AC
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TOM2ENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURMay 2005
OEMADB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2005
TMOA.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2005
0MKSLSE (London Stock Exchange)YesOrdinary SharesGBEURMay 2005
TOM2WBAG (Wiener Boerse AG)YesOrdinary SharesATEURMay 2005
TMOSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFMay 2005
TMOA.YOTCPK (Pink Sheets LLC)ADR NEWUSUSDJun 2008

Biography

TomTom N.V. develops and sells navigation and location-based products and services worldwide. It operates through three segments: Automotive, Enterprise, and Consumer. The company offers standard definitio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 20:52
End of Day Share Price2019/10/18 00:00
Earnings2019/09/30
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.