ENXTAM:BRILL

Stock Analysis Report

Executive Summary

Koninklijke Brill NV operates as a publishing house in Asia and Oceania, the Middle East and Africa, North America, Eastern and Western Europe, and internationally.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

1.0%

BRILL

-0.3%

NL Media

0.6%

NL Market


1 Year Return

-9.9%

BRILL

0.6%

NL Media

7.0%

NL Market

Return vs Industry: BRILL underperformed the Dutch Media industry which returned 0.6% over the past year.

Return vs Market: BRILL underperformed the Dutch Market which returned 7% over the past year.


Shareholder returns

BRILLIndustryMarket
7 Day1.0%-0.3%0.6%
30 Day0.5%-2.2%-1.6%
90 Day2.0%0.4%-1.4%
1 Year-6.5%-9.9%5.6%0.6%11.7%7.0%
3 Year-8.7%-24.6%1.6%-10.4%42.4%26.6%
5 Year16.6%-12.0%19.9%-2.1%70.9%36.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: BRILL (€20.9) is trading above our estimate of fair value (€11.32)

Significantly Undervalued: BRILL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BRILL is good value based on its PE Ratio (17.7x) compared to the Media industry average (17.9x).

PE vs Market: BRILL is good value based on its PE Ratio (17.7x) compared to the Dutch market (19.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BRILL is overvalued based on its PB Ratio (2.1x) compared to the XE Media industry average (1.4x).


Next Steps

Future Growth

How is Koninklijke Brill forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.02%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRILL's forecast earnings growth (0.02% per year) is below the savings rate (0.4%).

Earnings vs Market: BRILL's earnings (0.02% per year) are forecast to grow slower than the Dutch market (11.7% per year).

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

Revenue vs Market: Insufficient data to determine if BRILL's revenue is forecast to grow faster than the Dutch market.

High Growth Revenue: Insufficient data to determine if BRILL's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Koninklijke Brill performed over the past 5 years?

-0.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BRILL's earnings have declined by -0.8% per year over the past 5 years.

Accelerating Growth: BRILL's earnings growth over the past year (9.3%) exceeds its 5-year average (-0.8% per year).

Earnings vs Industry: BRILL earnings growth over the past year (9.3%) exceeded the Media industry -1.6%.


Return on Equity

High ROE: BRILL's Return on Equity (11.6%) is considered low.


Return on Assets

ROA vs Industry: BRILL has a higher Return on Assets than the Media industry average last year.


Return on Capital Employed

ROCE Improving: BRILL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Koninklijke Brill's financial position?


Financial Position Analysis

Short Term Liabilities: BRILL's short term assets (€10.2M) do not cover its short term liabilities (€16.5M)

Long Term Liabilities: BRILL's short term assets (10.2M) exceeds its long term liabilities (9.6M)


Debt to Equity History and Analysis

Debt Level: BRILL's debt to equity ratio (29.9%) is considered satisfactory

Reducing Debt: Insufficient data to determine if BRILL's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BRILL's debt is well covered by operating cash flow (126.5%).

Interest Coverage: BRILL's interest payments on its debt are well covered by EBIT (11.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: BRILL's debt is covered by short term assets (assets are 1.785320x debt).


Next Steps

  • Explore more healthy companies in the Media industry.

Dividend

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

4.07%

Current Dividend Yield


Dividend Yield vs Market

company4.1%marketbottom25%2.3%markettop25%6.0%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BRILL's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Dutch market (2.28%).

High Dividend: BRILL's dividend (4.07%) is low compared to the top 25% of dividend payers in the Dutch market (6.03%).

Stable Dividend: BRILL's dividend payments have been volatile in the past 10 years.

Growing Dividend: BRILL's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72%), BRILL's dividend payments are 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.


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

J. Coebergh (58yo)

1.4yrs

Tenure

€348,000

Compensation

Mr. J. Peter Coebergh is Chief Executive Officer at Koninklijke Brill NV since 18 May 2018 and has been its Member of the Management Board since May 2018 and serves as its Interim Chief Operating Officer s ...


CEO Compensation Analysis

Compensation vs. Market: J. has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Dutch market.

Compensation vs Earnings: Insufficient data to compare J.'s compensation with company performance.


Management Age and Tenure

1.4yrs

Average Tenure

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


Board Age and Tenure

4.0yrs

Average Tenure

64yo

Average Age

Experienced Board: BRILL's board of directors are considered experienced (4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Arthur Koedam

    Head of Central Operations Department

    • Tenure: 0yrs
  • J. Coebergh (58yo)

    CEO & Member of the Management Board

    • Tenure: 1.4yrs
    • Compensation: €348.00k
  • Olivier de Vlam

    CFO, COO & Member the Management Board (Leave of Absence)

    • Tenure: 1.4yrs
    • Compensation: €282.00k
  • Jasmin Lange

    Chief Publishing Officer

    • Tenure: 1.8yrs
  • Wim Dikstaal

    Interim Chief Financial Officer

    • Tenure: 0.9yrs

Board Members

  • Steven Perrick (70yo)

    Chairman of Supervisory Board

    • Tenure: 3.2yrs
  • Theo Van der Raadt (66yo)

    Member of Supervisory Board

    • Tenure: 0.8yrs
  • Catherine Lucet (60yo)

    Member of the Supervisory Board

    • Tenure: 6.8yrs
  • Robin van Konijnenburg (62yo)

    Member of Supervisory Board

    • Tenure: 4.8yrs

Company Information

Koninklijke Brill NV's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Koninklijke Brill NV
  • Ticker: BRILL
  • Exchange: ENXTAM
  • Founded: 1683
  • Industry: Publishing
  • Sector: Media
  • Market Cap: €39.176m
  • Shares outstanding: 1.87m
  • Website: https://www.brill.com

Number of Employees


Location

  • Koninklijke Brill NV
  • Plantijnstraat 2
  • Leiden
  • Zuid-Holland
  • 2321 JC
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRILLENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURApr 1992
0JIULSE (London Stock Exchange)YesOrdinary SharesGBEURApr 1992

Biography

Koninklijke Brill NV operates as a publishing house in Asia and Oceania, the Middle East and Africa, North America, Eastern and Western Europe, and internationally. Its publications focus on the humanities ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 20:44
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
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.