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BOLS

Lucas Bols ENXTAM:BOLS Stock Report

Last Price

€10.15

Market Cap

€152.0m

7D

-0.5%

1Y

0.7%

Updated

15 Aug, 2022

Data

Company Financials +
BOLS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends0/6

BOLS Stock Overview

Lucas Bols N.V. produces, bottles, markets, distributes, and sells cocktail and spirits.

Lucas Bols Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lucas Bols
Historical stock prices
Current Share Price€10.15
52 Week High€12.26
52 Week Low€9.00
Beta1.07
1 Month Change0.50%
3 Month Change-2.40%
1 Year Change0.69%
3 Year Change-20.08%
5 Year Change-47.27%
Change since IPO-38.49%

Recent News & Updates

Jun 03
Robust Earnings May Not Tell The Whole Story For Lucas Bols (AMS:BOLS)

Robust Earnings May Not Tell The Whole Story For Lucas Bols (AMS:BOLS)

Lucas Bols N.V. ( AMS:BOLS ) announced strong profits, but the stock was stagnant. Our analysis suggests that this...

Jun 02
Broker Revenue Forecasts For Lucas Bols N.V. (AMS:BOLS) Are Surging Higher

Broker Revenue Forecasts For Lucas Bols N.V. (AMS:BOLS) Are Surging Higher

Shareholders in Lucas Bols N.V. ( AMS:BOLS ) may be thrilled to learn that the covering analyst has just delivered a...

May 29
Lucas Bols (AMS:BOLS) Has A Pretty Healthy Balance Sheet

Lucas Bols (AMS:BOLS) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Mar 14
Investors Could Be Concerned With Lucas Bols' (AMS:BOLS) Returns On Capital

Investors Could Be Concerned With Lucas Bols' (AMS:BOLS) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...

Shareholder Returns

BOLSNL BeverageNL Market
7D-0.5%0.7%0.8%
1Y0.7%-0.5%-13.7%

Return vs Industry: BOLS exceeded the Dutch Beverage industry which returned -1.1% over the past year.

Return vs Market: BOLS exceeded the Dutch Market which returned -14.8% over the past year.

Price Volatility

Is BOLS's price volatile compared to industry and market?
BOLS volatility
BOLS Average Weekly Movement4.2%
Beverage Industry Average Movement3.8%
Market Average Movement5.0%
10% most volatile stocks in NL Market8.1%
10% least volatile stocks in NL Market3.0%

Stable Share Price: BOLS is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BOLS's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
157566Huub L. M. Van Doornehttps://www.lucasbols.com

Lucas Bols N.V. produces, bottles, markets, distributes, and sells cocktail and spirits. The company offers a range of spirits products, including liqueurs, genever, gin, and vodka under the Bols, Galliano, Passoã, Bokma, Bols Genevers, Coebergh, Damrak, Hartevelt, Henkes, Hoppe, KLM houses, Nuvo, Pallini, Pisang Ambon, Tequila Partida, Vaccari, Wynand Fockink, and Zwarte Kip brands. It operates in approximately 110 countries worldwide.

Lucas Bols Fundamentals Summary

How do Lucas Bols's earnings and revenue compare to its market cap?
BOLS fundamental statistics
Market Cap€151.97m
Earnings (TTM)€11.77m
Revenue (TTM)€92.03m

12.9x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOLS income statement (TTM)
Revenue€92.03m
Cost of Revenue€40.61m
Gross Profit€51.42m
Other Expenses€39.65m
Earnings€11.77m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin55.88%
Net Profit Margin12.79%
Debt/Equity Ratio38.9%

How did BOLS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BOLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BOLS?

Other financial metrics that can be useful for relative valuation.

BOLS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA10.2x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does BOLS's PE Ratio compare to its peers?

BOLS PE Ratio vs Peers
The above table shows the PE ratio for BOLS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.9x
FFARM ForFarmers
22.9x27.6%€290.3m
VRAP Vranken-Pommery Monopole Société Anonyme
18.6x16.7%€154.5m
507205 Tilaknagar Industries
27.8xn/a₹12.8b
A023900 Pungguk Ethanol Industrial
34.3xn/a₩195.9b
BOLS Lucas Bols
12.9x14.0%€152.0m

Price-To-Earnings vs Peers: BOLS is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (25.9x).


Price to Earnings Ratio vs Industry

How does BOLS's PE Ratio compare vs other companies in the European Beverage Industry?

Price-To-Earnings vs Industry: BOLS is good value based on its Price-To-Earnings Ratio (12.9x) compared to the European Beverage industry average (19.5x)


Price to Earnings Ratio vs Fair Ratio

What is BOLS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BOLS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ratio23.7x

Price-To-Earnings vs Fair Ratio: BOLS is good value based on its Price-To-Earnings Ratio (12.9x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).


Share Price vs Fair Value

What is the Fair Price of BOLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BOLS (€10.15) is trading below our estimate of fair value (€33.53)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


14.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOLS's forecast earnings growth (14% per year) is above the savings rate (0.1%).

Earnings vs Market: BOLS's earnings (14% per year) are forecast to grow faster than the Dutch market (4.7% per year).

High Growth Earnings: BOLS's earnings are forecast to grow, but not significantly.

Revenue vs Market: BOLS's revenue (4.3% per year) is forecast to grow slower than the Dutch market (7.5% per year).

High Growth Revenue: BOLS's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOLS's Return on Equity is forecast to be low in 3 years time (6.8%).


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Past Performance

How has Lucas Bols performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-36.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BOLS has high quality earnings.

Growing Profit Margin: BOLS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BOLS's earnings have declined by 36.1% per year over the past 5 years.

Accelerating Growth: BOLS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BOLS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Beverage industry (38.2%).


Return on Equity

High ROE: BOLS's Return on Equity (5.2%) is considered low.


Discover strong past performing companies

Financial Health

How is Lucas Bols's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BOLS's short term assets (€62.7M) exceed its short term liabilities (€26.7M).

Long Term Liabilities: BOLS's short term assets (€62.7M) do not cover its long term liabilities (€136.9M).


Debt to Equity History and Analysis

Debt Level: BOLS's net debt to equity ratio (27.5%) is considered satisfactory.

Reducing Debt: BOLS's debt to equity ratio has increased from 30.9% to 38.9% over the past 5 years.

Debt Coverage: BOLS's debt is not well covered by operating cash flow (18%).

Interest Coverage: BOLS's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.52%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate BOLS'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 BOLS's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: BOLS is not paying a notable dividend for the Dutch market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BOLS has not reported any payouts.


Discover strong dividend paying companies

Management

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

12.4yrs

Average management tenure


CEO

Huub L. M. Van Doorne (64 yo)

16.42yrs

Tenure

€801,000

Compensation

Mr. Huub L. M. P. Van Doorne serves as the Chief Executive Officer of Lucas Bols N.V. (formerly known as Lucas Bols Holding B.V.) and has been its Member of The Management Board since March 9, 2006. Mr. Va...


CEO Compensation Analysis

Compensation vs Market: Huub L. M.'s total compensation ($USD815.60K) is about average for companies of similar size in the Dutch market ($USD828.46K).

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


Leadership Team

Experienced Management: BOLS's management team is seasoned and experienced (12.4 years average tenure).


Board Members

Experienced Board: BOLS's board of directors are considered experienced (4.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

Lucas Bols N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Lucas Bols N.V.
  • Ticker: BOLS
  • Exchange: ENXTAM
  • Founded: 1575
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: €151.973m
  • Shares outstanding: 14.97m
  • Website: https://www.lucasbols.com

Number of Employees


Location

  • Lucas Bols N.V.
  • Paulus Potterstraat 14
  • Amsterdam
  • Noord-Holland
  • 1071 CZ
  • Netherlands

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.