ENXTAM:ACOMO

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Executive Summary

Amsterdam Commodities N.V., together with its subsidiaries, engages in sourcing, processing, treatment, trading, packaging, and distributing natural food products and ingredients for the food and beverage industry worldwide. More Details


Snowflake Analysis

Excellent balance sheet established dividend payer.

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.2%

ACOMO

1.4%

NL Consumer Retailing

-0.8%

NL Market


1 Year Return

-4.8%

ACOMO

-0.7%

NL Consumer Retailing

-10.9%

NL Market

Return vs Industry: ACOMO underperformed the Dutch Consumer Retailing industry which returned -0.7% over the past year.

Return vs Market: ACOMO exceeded the Dutch Market which returned -10.9% over the past year.


Shareholder returns

ACOMOIndustryMarket
7 Day-0.2%1.4%-0.8%
30 Day-1.8%0.4%-0.2%
90 Day-2.6%1.0%-4.3%
1 Year0.8%-4.8%2.4%-0.7%-8.8%-10.9%
3 Year-10.0%-23.2%12.6%1.1%1.1%-9.1%
5 Year21.5%-5.0%24.7%5.2%43.5%17.4%

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?

22.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ACOMO (€19) is trading below our estimate of fair value (€24.51)

Significantly Below Fair Value: ACOMO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ACOMO is good value based on its PE Ratio (14.4x) compared to the XE Consumer Retailing industry average (21.1x).

PE vs Market: ACOMO is good value based on its PE Ratio (14.4x) compared to the Dutch market (20.4x).


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 is overvalued based on its PB Ratio (2.3x) compared to the XE Consumer Retailing industry average (1.7x).


Next Steps

Future Growth

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

0.2%

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 (0.4%).

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 (0.2% per year) is forecast to grow slower than the Dutch market (9.2% per year).

High Growth Revenue: ACOMO's revenue (0.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACOMO's Return on Equity is forecast to be low in 3 years time (15%).


Next Steps

Past Performance

How has Amsterdam Commodities performed over the past 5 years?

-1.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACOMO has high quality earnings.

Growing Profit Margin: ACOMO's current net profit margins (4.6%) are higher than last year (4.4%).


Past Earnings Growth Analysis

Earnings Trend: ACOMO's earnings have declined by 1% per year over the past 5 years.

Accelerating Growth: ACOMO's earnings growth over the past year (3.9%) exceeds its 5-year average (-1% per year).

Earnings vs Industry: ACOMO earnings growth over the past year (3.9%) underperformed the Consumer Retailing industry 4%.


Return on Equity

High ROE: ACOMO's Return on Equity (16.2%) is considered low.


Next Steps

Financial Health

How is Amsterdam Commodities's financial position?


Financial Position Analysis

Short Term Liabilities: ACOMO's short term assets (€250.1M) exceed its short term liabilities (€146.8M).

Long Term Liabilities: ACOMO's short term assets (€250.1M) exceed its long term liabilities (€25.9M).


Debt to Equity History and Analysis

Debt Level: ACOMO's debt to equity ratio (46.1%) is considered high.

Reducing Debt: ACOMO's debt to equity ratio has reduced from 72.2% to 46.1% over the past 5 years.

Debt Coverage: ACOMO's debt is well covered by operating cash flow (46.8%).

Interest Coverage: ACOMO's interest payments on its debt are well covered by EBIT (11.7x coverage).


Balance Sheet


Next Steps

Dividend

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

5.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ACOMO's dividend (5.79%) is higher than the bottom 25% of dividend payers in the Dutch market (2%).

High Dividend: ACOMO's dividend (5.79%) is low compared to the top 25% of dividend payers in the Dutch market (5.9%).


Stability and Growth of Payments

Stable Dividend: ACOMO's dividends per share have been stable in the past 10 years.

Growing Dividend: ACOMO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (83.2%), ACOMO's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ACOMO's dividends in 3 years are forecast to be covered by earnings (81.3% payout ratio).


Next Steps

Management

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

0.6yrs

Average management tenure


CEO

Allard Goldschmeding (56 yo)

no data

Tenure

€750,000

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 2017. Mr. Goldschmeding s ...


CEO Compensation Analysis

Compensation vs Market: Allard's total compensation ($USD880.08K) is about average for companies of similar size in the Dutch market ($USD1.01M).

Compensation vs Earnings: Allard's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Allard Goldschmeding
CFO, Group MD & Executive Directorno data€750.00kno data
Anton van Eck
Managing Director of Red River-Van Eckno datano datano data
Koert Liekelema
Managing Director - Delinuts0.58yrno datano data
Eric Christianson
Managing Director - Red River Commodities0.58yrno datano data
Rajith Mel
Managing Director - Van Rees Group0.58yrno datano data
Erik Engbersen
Managing Director of Snick EuroIngredients0.67yrno datano data
Bruce Wiebie
President & CEO of Red River Global Ingredientsno datano datano data
Jaap Klijn
Managing Director of King Nuts & Raaphorstno datano datano data
Richard J. Strijbis
Managing Director of Tovano B.V.no datano datano data

0.6yrs

Average Tenure

Experienced Management: ACOMO's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Allard Goldschmeding
CFO, Group MD & Executive Directorno data€750.00kno data
Bernard Stuivinga
Independent Non-Executive Chairman3.42yrs€106.00k0.16%
€ 771.3k
Yoav Gottesmann
Independent Non-Executive Director3.42yrs€95.00kno data
Machtelt Groothuis
Independent Non-Executive Director3.42yrs€85.00kno data
Jan G. H. Niessen
Non-Executive Director3.42yrs€85.00kno data

3.4yrs

Average Tenure

57yo

Average Age

Experienced Board: ACOMO's board of directors are considered experienced (3.4 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 not been meaningfully diluted in the past year.


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: 1856
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: €468.380m
  • Shares outstanding: 24.65m
  • Website: https://www.acomo.nl

Number of Employees


Location

  • Amsterdam Commodities N.V.
  • WTC
  • 21st Floor
  • Rotterdam
  • Zuid-Holland
  • 3011 AA
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACNF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
ACOMOENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURJan 1992
0DLILSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
ACOMOABATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
8ACBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJan 1992
8ACDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

Amsterdam Commodities N.V., together with its subsidiaries, engages in sourcing, processing, treatment, trading, packaging, and distributing natural food products and ingredients for the food and beverage ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 03:35
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.