ENXTAM:ACOMO

Stock Analysis Report

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Market Cap

€722.1m

Last Updated

2021/07/23 21:34 UTC

Data Sources

Company Financials +

Executive Summary

Amsterdam Commodities N.V., together with its subsidiaries, sources, processes, treats, trades, packages, and distributes natural food products and ingredients for the food and beverage industry worldwide. More Details


Snowflake Analysis

Acceptable track record with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ACOMO is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ACOMO's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

7.0%

ACOMO

0.5%

NL Consumer Retailing

2.3%

NL Market


1 Year Return

24.6%

ACOMO

12.4%

NL Consumer Retailing

33.3%

NL Market

Return vs Industry: ACOMO exceeded the Dutch Consumer Retailing industry which returned 11.7% over the past year.

Return vs Market: ACOMO underperformed the Dutch Market which returned 31.7% over the past year.


Shareholder returns

ACOMOIndustryMarket
7 Day7.0%0.5%2.3%
30 Day8.2%3.5%2.2%
90 Day18.2%10.7%3.1%
1 Year27.2%24.6%21.5%12.4%35.5%33.3%
3 Year33.0%19.3%28.8%11.0%32.3%20.2%
5 Year30.8%6.8%33.2%9.2%80.1%51.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

16.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ACOMO (€24.4) is trading above our estimate of fair value (€13.96)

Significantly Below Fair Value: ACOMO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ACOMO is good value based on its PE Ratio (17x) compared to the European Consumer Retailing industry average (20.3x).

PE vs Market: ACOMO is good value based on its PE Ratio (17x) compared to the Dutch market (27.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ACOMO's PB Ratio (2.2x) is in line with the XE Consumer Retailing industry average.


Future Growth

How is Amsterdam Commodities forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ACOMO's forecast earnings growth is above the savings rate (0.1%).

Earnings vs Market: Insufficient data to determine if ACOMO'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: ACOMO's revenue (9.2% per year) is forecast to grow faster than the Dutch market (6.6% per year).

High Growth Revenue: ACOMO's revenue (9.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ACOMO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Amsterdam Commodities performed over the past 5 years?

-0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACOMO has high quality earnings.

Growing Profit Margin: ACOMO's current net profit margins (4.1%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: ACOMO's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: ACOMO's earnings growth over the past year (20.6%) exceeds its 5-year average (-0.6% per year).

Earnings vs Industry: ACOMO earnings growth over the past year (20.6%) exceeded the Consumer Retailing industry 15.6%.


Return on Equity

High ROE: ACOMO's Return on Equity (12%) is considered low.


Financial Health

How is Amsterdam Commodities's financial position?


Financial Position Analysis

Short Term Liabilities: ACOMO's short term assets (€473.5M) exceed its short term liabilities (€281.2M).

Long Term Liabilities: ACOMO's short term assets (€473.5M) exceed its long term liabilities (€145.6M).


Debt to Equity History and Analysis

Debt Level: ACOMO's debt to equity ratio (86.6%) is considered high.

Reducing Debt: ACOMO's debt to equity ratio has increased from 63.4% to 86.6% over the past 5 years.

Debt Coverage: ACOMO's debt is not well covered by operating cash flow (11.9%).

Interest Coverage: ACOMO's interest payments on its debt are well covered by EBIT (14.6x coverage).


Balance Sheet


Dividend

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

1.29%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: ACOMO is not paying a notable dividend for the Dutch market.


Future Payout to Shareholders

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Allard Goldschmeding (57 yo)

no data

Tenure

€983,000

Compensation

Mr. Allard W. Goldschmeding has been Chief Financial Officer of Amsterdam Commodities N.V. since December 1, 2015 and has been its Group Managing Director and Director since April 26, 2016. Mr. Goldschmedi...


CEO Compensation Analysis

Compensation vs Market: Allard's total compensation ($USD1.16M) is about average for companies of similar size in the Dutch market ($USD1.16M).

Compensation vs Earnings: Allard's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ACOMO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: ACOMO's board of directors are considered experienced (4.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: Amsterdam Commodities N.V.
  • Ticker: ACOMO
  • Exchange: ENXTAM
  • Founded: 1819
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: €722.139m
  • Shares outstanding: 29.60m
  • Website: https://www.acomo.nl

Number of Employees


Location

  • Amsterdam Commodities N.V.
  • WTC, Beursplein 37
  • 21st Floor
  • Rotterdam
  • Zuid-Holland
  • 3011 DD
  • Netherlands

Listings


Biography

Amsterdam Commodities N.V., together with its subsidiaries, sources, processes, treats, trades, packages, and distributes natural food products and ingredients for the food and beverage industry worldwide....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/23 21:34
End of Day Share Price2021/07/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.