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Stern Groep

ENXTAM:STRN
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STRN
ENXTAM
€86M
Market Cap
  1. Home
  2. NL
  3. Retail
Company description

Stern Groep N.V. operates as an automotive retail and services company in the Netherlands. The last earnings update was 78 days ago. More info.


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  • Stern Groep has significant price volatility in the past 3 months.
STRN Share Price and Events
7 Day Returns
-1.3%
ENXTAM:STRN
-0.3%
Europe Specialty Retail
0.3%
NL Market
1 Year Returns
-8.2%
ENXTAM:STRN
-13.1%
Europe Specialty Retail
-0.9%
NL Market
STRN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stern Groep (STRN) -1.3% -4.4% -14.8% -8.2% -14.1% -5.3%
Europe Specialty Retail -0.3% -1.4% -1% -13.1% -22.8% -18.4%
NL Market 0.3% -0.5% 0.6% -0.9% 29.7% 21.6%
1 Year Return vs Industry and Market
  • STRN outperformed the Specialty Retail industry which returned -13.1% over the past year.
  • STRN underperformed the Market in Netherlands which returned -0.9% over the past year.
Price Volatility
STRN
Industry
5yr Volatility vs Market
Related Companies

STRN Value

 Is Stern Groep undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Stern Groep to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Stern Groep.

ENXTAM:STRN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year NL Government Bond Rate 0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTAM:STRN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NL Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Specialty Retail Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.865 (1 + (1- 25%) (554.85%))
3.321
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.37% + (2 * 5.96%)
12.29%

Discounted Cash Flow Calculation for ENXTAM:STRN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Stern Groep is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTAM:STRN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.29%)
2019 36.20 Analyst x1 32.24
2020 48.89 Est @ 35.06% 38.78
2021 60.95 Est @ 24.66% 43.05
2022 71.53 Est @ 17.37% 44.99
2023 80.31 Est @ 12.27% 44.99
2024 87.30 Est @ 8.7% 43.55
2025 92.71 Est @ 6.2% 41.19
2026 96.84 Est @ 4.45% 38.31
2027 99.96 Est @ 3.23% 35.22
2028 102.33 Est @ 2.37% 32.11
Present value of next 10 years cash flows €394.41
ENXTAM:STRN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €102.33 × (1 + 0.37%) ÷ (12.29% – 0.37%)
€861.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €861.67 ÷ (1 + 12.29%)10
€270.35
ENXTAM:STRN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €394.41 + €270.35
€664.76
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €664.76 / 5.68
€117.14
ENXTAM:STRN Discount to Share Price
Calculation Result
Value per share (EUR) From above. €117.14
Current discount Discount to share price of €15.20
= -1 x (€15.20 - €117.14) / €117.14
87%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Stern Groep is available for.
Intrinsic value
>50%
Share price is €15.2 vs Future cash flow value of €117.14
Current Discount Checks
For Stern Groep to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Stern Groep's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Stern Groep's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Stern Groep's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stern Groep's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTAM:STRN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.09
ENXTAM:STRN Share Price ** ENXTAM (2019-06-14) in EUR €15.2
Europe Specialty Retail Industry PE Ratio Median Figure of 76 Publicly-Listed Specialty Retail Companies 13.21x
Netherlands Market PE Ratio Median Figure of 82 Publicly-Listed Companies 17.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Stern Groep.

ENXTAM:STRN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:STRN Share Price ÷ EPS (both in EUR)

= 15.2 ÷ 0.09

177.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stern Groep is overvalued based on earnings compared to the Europe Specialty Retail industry average.
  • Stern Groep is overvalued based on earnings compared to the Netherlands market.
Price based on expected Growth
Does Stern Groep's expected growth come at a high price?
Raw Data
ENXTAM:STRN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 177.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Specialty Retail Industry PEG Ratio Median Figure of 57 Publicly-Listed Specialty Retail Companies 1.4x
Netherlands Market PEG Ratio Median Figure of 65 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Stern Groep, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Stern Groep's assets?
Raw Data
ENXTAM:STRN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €27.34
ENXTAM:STRN Share Price * ENXTAM (2019-06-14) in EUR €15.2
Europe Specialty Retail Industry PB Ratio Median Figure of 109 Publicly-Listed Specialty Retail Companies 1.09x
Netherlands Market PB Ratio Median Figure of 104 Publicly-Listed Companies 1.93x
ENXTAM:STRN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:STRN Share Price ÷ Book Value per Share (both in EUR)

= 15.2 ÷ 27.34

0.56x

* Primary Listing of Stern Groep.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Stern Groep is good value based on assets compared to the Europe Specialty Retail industry average.
X
Value checks
We assess Stern Groep's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Specialty Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Specialty Retail industry average (and greater than 0)? (1 check)
  5. Stern Groep has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

STRN Future Performance

 How is Stern Groep expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.3%
Expected Specialty Retail industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stern Groep expected to grow at an attractive rate?
  • Unable to compare Stern Groep's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Stern Groep's earnings growth to the Netherlands market average as no estimate data is available.
  • Unable to compare Stern Groep's revenue growth to the Netherlands market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTAM:STRN Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Specialty Retail Industry Earnings Growth Rate Market Cap Weighted Average 10.3%
Europe Specialty Retail Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
Netherlands Market Earnings Growth Rate Market Cap Weighted Average 9%
Netherlands Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTAM:STRN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTAM:STRN Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 1,106 54 14 1
ENXTAM:STRN Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,106 52 0
2018-09-30 1,112 52 4
2018-06-30 1,118 52 7
2018-03-31 1,121 58 7
2017-12-31 1,125 64 7
2017-09-30 1,127 54 10
2017-06-30 1,129 43 12
2017-03-31 1,113 48 11
2016-12-31 1,098 54 11
2016-09-30 1,120 12
2016-06-30 1,142 36 13
2016-03-31 1,118 29 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Stern Groep is high growth as no earnings estimate data is available.
  • Unable to determine if Stern Groep is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTAM:STRN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Stern Groep Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTAM:STRN Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 2.50 2.50 2.50 1.00
ENXTAM:STRN Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.09
2018-09-30 0.64
2018-06-30 1.19
2018-03-31 1.26
2017-12-31 1.32
2017-09-30 1.68
2017-06-30 2.04
2017-03-31 2.02
2016-12-31 2.00
2016-09-30 2.13
2016-06-30 2.26
2016-03-31 2.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Stern Groep will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Stern Groep's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Stern Groep has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

STRN Past Performance

  How has Stern Groep performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Stern Groep's growth in the last year to its industry (Specialty Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Stern Groep's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Stern Groep's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Stern Groep's 1-year earnings growth is negative, it can't be compared to the Europe Specialty Retail industry average.
Earnings and Revenue History
Stern Groep's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Stern Groep Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTAM:STRN Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,106.40 0.49 124.25
2018-09-30 1,112.22 3.62 122.97
2018-06-30 1,118.04 6.75 121.69
2018-03-31 1,121.36 7.13 119.56
2017-12-31 1,124.68 7.50 117.43
2017-09-30 1,126.91 9.53 116.63
2017-06-30 1,129.14 11.56 115.82
2017-03-31 1,113.39 11.46 113.80
2016-12-31 1,097.63 11.35 111.78
2016-09-30 1,119.57 12.10 126.92
2016-06-30 1,141.50 12.85 110.23
2016-03-31 1,118.34 11.96 109.79
2015-12-31 1,095.18 11.07 109.35
2015-09-30 1,029.96 8.74 61.11
2015-06-30 964.75 6.41 105.54
2015-03-31 931.52 5.02 104.95
2014-12-31 898.30 3.62 104.36
2014-09-30 902.53 3.06 119.58
2014-06-30 906.77 2.51 104.38
2014-03-31 912.18 2.78 103.32
2013-12-31 917.59 3.06 102.26
2013-09-30 891.21 -2.92 117.83
2013-06-30 864.82 -8.89 133.40
2013-03-31 900.41 -7.89 120.95
2012-12-31 935.99 -6.89 108.51
2012-09-30 951.92 -0.97 78.81
2012-06-30 967.84 4.95 110.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Stern Groep has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Stern Groep used its assets less efficiently than the Europe Specialty Retail industry average last year based on Return on Assets.
  • Stern Groep's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Stern Groep's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Specialty Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Stern Groep has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

STRN Health

 How is Stern Groep's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Stern Groep's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stern Groep is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stern Groep's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Stern Groep's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Stern Groep Company Filings, last reported 5 months ago.

ENXTAM:STRN Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 155.16 478.61 0.75
2018-09-30 155.16 478.61 0.75
2018-06-30 159.55 340.44 1.13
2018-03-31 159.55 340.44 1.13
2017-12-31 159.35 438.78 1.22
2017-09-30 159.35 438.78 1.22
2017-06-30 158.72 323.37 0.94
2017-03-31 158.72 323.37 0.94
2016-12-31 156.99 432.90 0.99
2016-09-30 156.99 432.90 0.99
2016-06-30 151.61 299.39 0.84
2016-03-31 151.61 299.39 0.84
2015-12-31 150.78 399.79 0.61
2015-09-30 150.78 399.79 0.61
2015-06-30 144.48 306.75 0.86
2015-03-31 144.48 306.75 0.86
2014-12-31 140.57 398.38 1.64
2014-09-30 140.57 398.38 1.64
2014-06-30 137.38 286.11 0.75
2014-03-31 137.38 286.11 0.75
2013-12-31 138.32 351.17 0.68
2013-09-30 138.32 351.17 0.68
2013-06-30
2013-03-31 133.96 347.56 0.75
2012-12-31 133.96 347.56 0.75
2012-09-30 133.96 347.56 0.75
2012-06-30 144.34 363.03 1.28
  • Stern Groep's level of debt (308.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (253.4% vs 308.5% today).
  • Debt is not well covered by operating cash flow (10.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Stern Groep's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Stern Groep has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

STRN Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Stern Groep dividends. Estimated to be 6.58% next year.
If you bought €2,000 of Stern Groep shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Stern Groep's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Stern Groep's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTAM:STRN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Specialty Retail Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 3.9%
Netherlands Market Average Dividend Yield Market Cap Weighted Average of 69 Stocks 4%
Netherlands Minimum Threshold Dividend Yield 10th Percentile 1.7%
Netherlands Bottom 25% Dividend Yield 25th Percentile 2.4%
Netherlands Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTAM:STRN Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2019-12-31 1.00 1.00
ENXTAM:STRN Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-29 0.000 0.000
2018-03-21 1.000 6.260
2018-03-08 1.000 5.676
2017-03-16 1.000 4.698
2017-03-08 1.000 4.856
2016-03-18 1.000 5.336
2016-03-09 1.000 5.836
2015-08-18 0.500 3.190
2014-03-26 0.210 1.570
2014-03-12 0.210 1.482
2013-04-02 0.000 0.000
2013-03-14 0.000 0.000
2012-04-03 1.000 6.671
2012-03-15 1.000 5.319
2011-03-16 0.691 3.431
2009-08-31 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Stern Groep has not reported any payouts.
  • Unable to verify if Stern Groep's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Stern Groep's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Stern Groep has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Stern Groep's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Stern Groep afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stern Groep has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

STRN Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Henk Van der Kwast
COMPENSATION €664,734
AGE 64
TENURE AS CEO 19 years
CEO Bio

Mr. Henk H. Van Der Kwast serves as Chairman of Management Board, Chief Executive Officer and Member of the Group Council at Stern Groep NV and has been its Member of Management Board since June 21, 2000.

CEO Compensation
  • Henk's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Henk's remuneration is higher than average for companies of similar size in Netherlands.
Management Team Tenure

Average tenure of the Stern Groep management team in years:

3.1
Average Tenure
  • The tenure for the Stern Groep management team is about average.
Management Team

Henk Van der Kwast

TITLE
Chairman of Management Board
COMPENSATION
€665K
AGE
64
TENURE
19 yrs

Finus Porsius

TITLE
Group Controller
TENURE
0.7 yrs

Loes M. van Dalen

TITLE
Director of Human Resources & Member of the Group Council
AGE
52

Marie-Julie Talens

TITLE
Company Secretary
TENURE
3.1 yrs

Arnout Veld

TITLE
Controller of Stern Mobility Solutions

Olivier Hoffmann

TITLE
Controller of Stern Car Services
Board of Directors Tenure

Average tenure and age of the Stern Groep board of directors in years:

3.1
Average Tenure
63
Average Age
  • The tenure for the Stern Groep board of directors is about average.
Board of Directors

Dirk Goeminne

TITLE
Chairman of the Supervisory Board
COMPENSATION
€44K
AGE
63

M. E. Sanders

TITLE
Vice Chair of Supervisory Board
COMPENSATION
€42K
AGE
65

Simone Brummelhuis

TITLE
Member of Supervisory Board
COMPENSATION
€36K
AGE
53
TENURE
3.1 yrs

Adriaan Roggeveen

TITLE
Member of Supervisory Board
COMPENSATION
€83K
AGE
72
TENURE
7.3 yrs

Paul. Nielen

TITLE
Member of the Supervisory Board
COMPENSATION
€36K
AGE
54
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Stern Groep's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Stern Groep has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

STRN News

Simply Wall St News

Does Market Volatility Impact Stern Groep N.V.'s (AMS:STRN) Share Price?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … If this beta value holds true in the future, Stern Groep shares are likely to rise more than the market when the market is going up, but fall faster when the market is going down. … What this means for you: Beta only tells us that the Stern Groep share price is sensitive to broader market movements.

Simply Wall St -

Why Stern Groep N.V.’s (AMS:STRN) Return On Capital Employed Might Be A Concern

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Stern Groep: 0.012 = €4.9m ÷ (€675m - €273m) (Based on the trailing twelve months to December 2018.) Therefore, Stern Groep has an ROCE of 1.2%. … Stern Groep's Current Liabilities And Their Impact On Its ROCE Current liabilities include invoices, such as supplier payments, short-term debt, or a tax bill, that need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Investors Who Bought Stern Groep (AMS:STRN) Shares Five Years Ago Are Now Up 28%

Better yet, you'd like to see the share price move up more than the market average. … For the last half decade, Stern Groep can boast revenue growth at a rate of 5.0% per year. … It's probably fair to say that the modest growth is reflected in the modest share price gain of 5.0% per year.

Simply Wall St -

Does Stern Groep N.V.'s (AMS:STRN) CEO Pay Matter?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Henk Van der Kwast's Compensation Compare With Similar Sized Companies. … is worth €99m, and total annual CEO compensation is €684k.

Simply Wall St -

Is It Time To Consider Buying Stern Groep N.V. (AMS:STRN)?

(AMS:STRN), which is in the specialty retail business, and is based in Netherlands,. … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Stern Groep’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

What To Know Before Buying Stern Groep N.V. (AMS:STRN) For Its Dividend

Historically, Stern Groep N.V. … Let's dig deeper into whether Stern Groep should have a place in your portfolio. … View our latest analysis for Stern Groep

Simply Wall St -

Why We’re Not Keen On Stern Groep N.V.’s (AMS:STRN) 2.5% Return On Capital

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … How Do You Calculate Return On Capital Employed

Simply Wall St -

What Kind Of Shareholder Owns Most Stern Groep N.V. (AMS:STRN) Stock?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Stern Groep is a smaller company with a market capitalization of €88m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About Stern Groep N.V.'s (AMS:STRN) Beta Value

(AMS:STRN), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility).

Simply Wall St -

Should You Think About Buying Stern Groep N.V. (AMS:STRN) Now?

received a lot of attention from a substantial price movement on the ENXTAM over the last few months, increasing to €16.45 at one point, and dropping to the lows of €13.1. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether Stern Groep's current trading price of €14.35 reflective of the actual value of the?

Simply Wall St -

STRN Company Info

Description

Stern Groep N.V. operates as an automotive retail and services company in the Netherlands. The company operates through Dealergroup Stern, Stern Mobility Solutions, Stern Car Services, and Other segments. The Dealergroup Stern segment engages in the sale of new and used passenger cars and light commercial vehicles; and provision of maintenance and repair services for passenger cars and light commercial vehicles. The Stern Mobility Solutions segment provides dealer leasing, region leasing, car leasing and rental, fleet management, insurance, financing, maintenance contract, and used-car warranty services, as well as e-mobility, and financial and other mobility products and services to small and medium-sized enterprises. The Stern Car Services segment offers car body repair and passenger cars maintenance services; and interiors fitting services for light commercial vehicles. It sell various car brands, including Ford, Dacia, Renault, Nissan, Kia, Opel, Audi, Seat, Skoda, Volkswagen, Jaguar, Land Rover, Mercedes-Benz, Smart, Volvo, Abarth, Fiat, Jeep, Mitsubishi Motors, Subaru, and Alfa Romeo. Stern Groep N.V. is headquartered in Amsterdam, the Netherlands.

Details
Name: Stern Groep N.V.
STRN
Exchange: ENXTAM
Founded:
€86,260,000
5,675,000
Website: http://www.stern.nl
Address: Stern Groep N.V.
Pieter Braaijweg 6,
Amsterdam-Duivendrecht,
Amsterdam,
Noord-Holland, 1114 AJ,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM STRN Common Shares Euronext Amsterdam NL EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
1,593
Stern Groep employees.
Industry
Automotive Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 20:45
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/04
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.