Market Cap
€321.5m
Last Updated
2021/01/25 20:49 UTC
Data Sources
Company Financials +
Executive Summary
Nedap N.V. develops and supplies smart technological solutions worldwide. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 24.5% per year for the next 3 years
Dividend of 9.05% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Similar Companies
Share Price & News
How has Nedap's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NEDAP is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NEDAP's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.9%
NEDAP
1.0%
NL Electronic
1.6%
NL Market
1 Year Return
2.5%
NEDAP
25.0%
NL Electronic
8.3%
NL Market
Return vs Industry: NEDAP underperformed the Dutch Electronic industry which returned 25% over the past year.
Return vs Market: NEDAP underperformed the Dutch Market which returned 8.3% over the past year.
Shareholder returns
| NEDAP | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | 1.0% | 1.6% |
| 30 Day | -0.2% | 4.8% | 5.7% |
| 90 Day | 3.1% | 20.9% | 24.5% |
| 1 Year | 7.6%2.5% | 26.6%25.0% | 10.6%8.3% |
| 3 Year | 12.1%-2.9% | 45.9%38.8% | 9.0%-2.1% |
| 5 Year | 104.4%63.9% | 133.3%115.3% | 62.6%32.7% |
Long-Term Price Volatility Vs. Market
How volatile is Nedap's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
What Kind Of Investors Own Most Of Nedap N.V. (AMS:NEDAP)?3 weeks ago | Simply Wall St
Nedap (AMS:NEDAP) Has Gifted Shareholders With A Fantastic 116% Total Return On Their Investment1 month ago | Simply Wall St
Nedap (AMS:NEDAP) Could Easily Take On More DebtValuation
Is Nedap undervalued compared to its fair value and its price relative to the market?
23.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NEDAP (€49.7) is trading below our estimate of fair value (€65.06)
Significantly Below Fair Value: NEDAP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NEDAP is good value based on its PE Ratio (13.6x) compared to the XE Electronic industry average (26.7x).
PE vs Market: NEDAP is good value based on its PE Ratio (13.6x) compared to the Dutch market (26.4x).
Price to Earnings Growth Ratio
PEG Ratio: NEDAP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NEDAP is overvalued based on its PB Ratio (4x) compared to the XE Electronic industry average (2.5x).
Next Steps
Future Growth
How is Nedap forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-24.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEDAP's earnings are forecast to decline over the next 3 years (-24.5% per year).
Earnings vs Market: NEDAP's earnings are forecast to decline over the next 3 years (-24.5% per year).
High Growth Earnings: NEDAP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NEDAP's revenue (4.6% per year) is forecast to grow slower than the Dutch market (10% per year).
High Growth Revenue: NEDAP's revenue (4.6% 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 NEDAP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Nedap performed over the past 5 years?
23.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEDAP has high quality earnings.
Growing Profit Margin: NEDAP's current net profit margins (12.3%) are higher than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: NEDAP's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: NEDAP's earnings growth over the past year (56.4%) exceeds its 5-year average (23.2% per year).
Earnings vs Industry: NEDAP earnings growth over the past year (56.4%) exceeded the Electronic industry -5.7%.
Return on Equity
High ROE: NEDAP's Return on Equity (29.3%) is considered high.
Next Steps
Financial Health
How is Nedap's financial position?
Financial Position Analysis
Short Term Liabilities: NEDAP's short term assets (€83.2M) exceed its short term liabilities (€27.7M).
Long Term Liabilities: NEDAP's short term assets (€83.2M) exceed its long term liabilities (€17.4M).
Debt to Equity History and Analysis
Debt Level: NEDAP's debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: NEDAP's debt to equity ratio has reduced from 48.5% to 17.6% over the past 5 years.
Debt Coverage: NEDAP's debt is well covered by operating cash flow (203%).
Interest Coverage: NEDAP's interest payments on its debt are well covered by EBIT (85.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Nedap current dividend yield, its reliability and sustainability?
9.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NEDAP's dividend (9.05%) is higher than the bottom 25% of dividend payers in the Dutch market (1.8%).
High Dividend: NEDAP's dividend (9.05%) is in the top 25% of dividend payers in the Dutch market (4.8%)
Stability and Growth of Payments
Stable Dividend: NEDAP's dividend payments have been volatile in the past 10 years.
Growing Dividend: NEDAP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (123.3%), NEDAP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NEDAP's dividends in 3 years are not forecast to be well covered by earnings (140.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Ruben Wegman (54 yo)
no data
Tenure
€772,000
Compensation
Drs. Ruben M. Wegman serves as Chief Executive Officer at N.V. Nederlandsche Apparatenfabriek Nedap and served as its Interim Head of Energy Systems. Drs. Wegman served as Interim Head of Energy Systems at...
CEO Compensation Analysis
Compensation vs Market: Ruben's total compensation ($USD936.21K) is about average for companies of similar size in the Dutch market ($USD911.96K).
Compensation vs Earnings: Ruben's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | no data | €772.00k | 0.57% € 1.8m | |
| CFO & Member of Management Board | 0.42yr | no data | no data | |
| MD of Retail & Member of Management Board | 2yrs | no data | no data | |
| MD of Security Management & Member of Management Board | 2yrs | no data | no data | |
| GM of Healthcare & Member of Management Board | 2yrs | no data | no data |
2.0yrs
Average Tenure
49yo
Average Age
Experienced Management: NEDAP's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Supervisory Board Vice Chairman | 4yrs | €30.00k | no data | |
| Independent Member of Supervisory Board | 2.75yrs | €30.00k | no data | |
| Independent Chairman of Supervisory Board | 8.75yrs | €40.00k | no data | |
| Supervisory Board Member | 1.75yrs | €23.00k | no data |
3.4yrs
Average Tenure
63.5yo
Average Age
Experienced Board: NEDAP'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
Nedap N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nedap N.V.
- Ticker: NEDAP
- Exchange: ENXTAM
- Founded: 1929
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: €321.480m
- Shares outstanding: 6.47m
- Website: https://nedap.com
Number of Employees
Location
- Nedap N.V.
- Parallelweg 2
- Groenlo
- Gelderland
- 7141 DC
- Netherlands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NEDAP | ENXTAM (Euronext Amsterdam) | Yes | Ordinary Shares | NL | EUR | Jan 1992 |
| NE3 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 0NNU | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| NEDAPA | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| NDDL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
Biography
Nedap N.V. develops and supplies smart technological solutions worldwide. The company develops software services that digitalizes and automates care, and logistics and administrative processes in the healt...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 20:49 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.