N.V. Nederlandsche Apparatenfabriek Nedap
N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. The last earnings update was 9 days ago. More info.
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NEDAP Share Price and Events
7 Day Returns
1 Year Returns
NEDAP Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| N.V. Nederlandsche Apparatenfabriek Nedap (NEDAP) | 4.5% | 7.3% | 13.6% | -8.8% | 57.9% | 55.8% |
| Europe Electronic | 0.9% | 8.4% | 8.6% | -5.4% | 36.5% | 59.5% |
| NL Market | 0.1% | 6.3% | 4.9% | 1.3% | 27.3% | 26.3% |
1 Year Return vs Industry and Market
- NEDAP underperformed the Electronic industry which returned -5.4% over the past year.
- NEDAP underperformed the Market in Netherlands which returned 1.3% over the past year.
Value
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
N.V. Nederlandsche Apparatenfabriek Nedap
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for N.V. Nederlandsche Apparatenfabriek Nedap.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 2 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 8.5% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year NL Govt Bond Rate | 0.4% |
| Equity Risk Premium | S&P Global | 9.6% |
| Electronic Unlevered Beta | Simply Wall St/ S&P Global | 0.8 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.804 (1 + (1- 25%) (6.35%)) |
0.842 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.84 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.37% + (0.842 * 9.63%) |
8.48% |
Discounted Cash Flow Calculation for ENXTAM:NEDAP using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for N.V. Nederlandsche Apparatenfabriek Nedap is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Levered FCF (EUR, Millions) | 16.25 | 19.35 | 28.00 | 28.23 | 28.46 |
| Source | Analyst x2 | Analyst x2 | Analyst x1 | Est @ 0.81% | Est @ 0.81% |
|
Present Value Discounted (@ 8.48%) |
14.98 | 16.44 | 21.93 | 20.38 | 18.94 |
| Present value of next 5 years cash flows | €92.67 |
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2023
× (1 + g) ÷ (Discount Rate – g)
= €28.46 × (1 + 0.37%) ÷ (8.48% – 0.37%) |
€352.07 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)5
= €352.07 ÷ (1 + 8.48%)5 |
€234.33 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 5 years cash flows +
Terminal Value
= €92.67 + €234.33 |
€327.00 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €327.00 / 6.38 |
€51.23 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €51.23 |
| Current discount | Discount to share price of
€46.90
= -1 x (€46.90 - €51.23) / €51.23 |
8.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- N.V. Nederlandsche Apparatenfabriek Nedap's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- N.V. Nederlandsche Apparatenfabriek Nedap's share price is below the future cash flow value, but not 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 N.V. Nederlandsche Apparatenfabriek Nedap's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
N.V. Nederlandsche Apparatenfabriek Nedap's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €2.66 |
| ENXTAM:NEDAP Share Price ** | ENXTAM (2019-02-22) in EUR | €46.9 |
| Europe Electronic Industry PE Ratio | Median Figure of 109 Publicly-Listed Electronic Companies | 16.64x |
| Netherlands Market PE Ratio | Median Figure of 80 Publicly-Listed Companies | 16.33x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of N.V. Nederlandsche Apparatenfabriek Nedap.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ENXTAM:NEDAP Share Price ÷ EPS (both in EUR) = 46.9 ÷ 2.66 |
17.6x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- N.V. Nederlandsche Apparatenfabriek Nedap is overvalued based on earnings compared to the Europe Electronic industry average.
- N.V. Nederlandsche Apparatenfabriek Nedap is overvalued based on earnings compared to the Netherlands market.
Price based on expected Growth
Does
N.V. Nederlandsche Apparatenfabriek Nedap's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 17.6x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts |
16.8%per year |
| Europe Electronic Industry PEG Ratio | Median Figure of 69 Publicly-Listed Electronic Companies | 1.51x |
| Netherlands Market PEG Ratio | Median Figure of 61 Publicly-Listed Companies | 1.63x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 17.6x ÷ 16.8% |
1.05x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- N.V. Nederlandsche Apparatenfabriek Nedap is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
N.V. Nederlandsche Apparatenfabriek Nedap's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €10.12 |
| ENXTAM:NEDAP Share Price * | ENXTAM (2019-02-22) in EUR | €46.9 |
| Europe Electronic Industry PB Ratio | Median Figure of 169 Publicly-Listed Electronic Companies | 1.9x |
| Netherlands Market PB Ratio | Median Figure of 102 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ENXTAM:NEDAP Share Price ÷ Book Value per Share (both in EUR) = 46.9 ÷ 10.12 |
4.63x |
* Primary Listing of N.V. Nederlandsche Apparatenfabriek Nedap.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- N.V. Nederlandsche Apparatenfabriek Nedap is overvalued based on assets compared to the Europe Electronic industry average.
Value checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check) N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 0/6, 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.
Future Performance
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!
Earnings growth vs Low Risk Savings
- N.V. Nederlandsche Apparatenfabriek Nedap's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
- N.V. Nederlandsche Apparatenfabriek Nedap's earnings growth is expected to exceed the Netherlands market average.
- N.V. Nederlandsche Apparatenfabriek Nedap's revenue growth is expected to exceed the Netherlands market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ENXTAM:NEDAP Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts | 16.8% |
| ENXTAM:NEDAP Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts | 6.9% |
| Europe Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 12.9% |
| Europe Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
| Netherlands Market Earnings Growth Rate | Market Cap Weighted Average | 7.4% |
| Netherlands Market Revenue Growth Rate | Market Cap Weighted Average | 3.3% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 234 | 35 | 28 | 1 |
| 2020-12-31 | 217 | 27 | 22 | 2 |
| 2019-12-31 | 202 | 23 | 19 | 2 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 191 | 18 | 17 |
| 2018-06-30 | 191 | 16 | 14 |
| 2018-03-31 | 187 | 15 | 11 |
| 2017-12-31 | 182 | 13 | 9 |
| 2017-06-30 | 159 | 9 | 7 |
| 2017-03-31 | 161 | 9 | 8 |
| 2016-12-31 | 163 | 9 | 9 |
| 2016-09-30 | 186 | 10 | 8 |
| 2016-06-30 | 186 | 10 | 5 |
| 2016-03-31 | 184 | 11 | 5 |
*GAAP earnings excluding extraordinary items.
High Growth Checks
- N.V. Nederlandsche Apparatenfabriek Nedap's earnings are expected to grow by 16.8% yearly, however this is not considered high growth (20% yearly).
- N.V. Nederlandsche Apparatenfabriek Nedap's revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
All data from N.V. Nederlandsche Apparatenfabriek Nedap Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 4.40 | 4.40 | 4.40 | 1.00 |
| 2020-12-31 | 3.35 | 3.59 | 3.10 | 2.00 |
| 2019-12-31 | 2.88 | 2.95 | 2.80 | 2.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 2.66 |
| 2018-06-30 | 2.10 |
| 2018-03-31 | 1.71 |
| 2017-12-31 | 1.34 |
| 2017-06-30 | 1.11 |
| 2017-03-31 | 1.24 |
| 2016-12-31 | 1.37 |
| 2016-09-30 | 1.17 |
| 2016-06-30 | 0.74 |
| 2016-03-31 | 0.72 |
*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.
- N.V. Nederlandsche Apparatenfabriek Nedap is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Future performance checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 4/6, 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.
Past Performance
How has N.V. Nederlandsche Apparatenfabriek Nedap 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
Past Earnings growth analysis
- N.V. Nederlandsche Apparatenfabriek Nedap's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- N.V. Nederlandsche Apparatenfabriek Nedap's 1-year earnings growth exceeds its 5-year average (91.3% vs -2.2%)
- N.V. Nederlandsche Apparatenfabriek Nedap's earnings growth has exceeded the Europe Electronic industry average in the past year (91.3% vs 10.7%).
Earnings and Revenue History
All data from N.V. Nederlandsche Apparatenfabriek Nedap Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 191.40 | 17.07 | 67.11 | |
| 2018-06-30 | 191.33 | 13.63 | 64.66 | |
| 2018-03-31 | 186.76 | 11.28 | 64.21 | |
| 2017-12-31 | 182.19 | 8.92 | 63.75 | |
| 2017-06-30 | 158.78 | 7.41 | 58.86 | |
| 2017-03-31 | 161.01 | 8.29 | 59.48 | |
| 2016-12-31 | 163.24 | 9.17 | 60.10 | |
| 2016-09-30 | 186.17 | 7.86 | 72.42 | |
| 2016-06-30 | 186.37 | 4.93 | 71.05 | |
| 2016-03-31 | 183.62 | 4.80 | 67.86 | |
| 2015-12-31 | 180.88 | 4.67 | 64.67 | |
| 2015-09-30 | 178.66 | 11.36 | 59.55 | |
| 2015-06-30 | 176.45 | 18.05 | 54.43 | |
| 2015-03-31 | 176.82 | 17.96 | 53.84 | |
| 2014-12-31 | 177.19 | 17.88 | 53.25 | |
| 2014-09-30 | 178.04 | 14.00 | 52.88 | |
| 2014-06-30 | 178.89 | 10.12 | 52.50 | |
| 2014-03-31 | 176.30 | 9.96 | 51.87 | |
| 2013-12-31 | 173.70 | 9.79 | 51.24 | |
| 2013-09-30 | 171.94 | 10.87 | 49.79 | |
| 2013-06-30 | 170.18 | 11.95 | 48.34 | |
| 2013-03-31 | 171.03 | 12.72 | 47.78 | |
| 2012-12-31 | 171.87 | 13.48 | 47.22 | |
| 2012-09-30 | 169.19 | 13.67 | 46.42 | |
| 2012-06-30 | 166.50 | 13.86 | 45.62 | |
| 2012-03-31 | 159.42 | 12.42 | 44.67 |
*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.
- N.V. Nederlandsche Apparatenfabriek Nedap has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- N.V. Nederlandsche Apparatenfabriek Nedap used its assets more efficiently than the Europe Electronic industry average last year based on Return on Assets.
- N.V. Nederlandsche Apparatenfabriek Nedap has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 5/6, 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.
Health
How is N.V. Nederlandsche Apparatenfabriek Nedap'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 N.V. Nederlandsche Apparatenfabriek Nedap's finances.
The net worth of a company is the difference between its assets and liabilities.
- N.V. Nederlandsche Apparatenfabriek Nedap is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- N.V. Nederlandsche Apparatenfabriek Nedap's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.8x 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.
All data from N.V. Nederlandsche Apparatenfabriek Nedap Company Filings, last reported 1 month ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 64.94 | 19.00 | 2.44 |
| 2018-06-30 | 56.49 | 27.87 | 2.56 |
| 2018-03-31 | 56.49 | 27.87 | 2.56 |
| 2017-12-31 | 61.96 | 16.04 | 1.84 |
| 2017-06-30 | 51.21 | 36.54 | 2.77 |
| 2017-03-31 | 51.21 | 36.54 | 2.77 |
| 2016-12-31 | 55.85 | 26.21 | 2.33 |
| 2016-09-30 | 55.85 | 26.21 | 2.33 |
| 2016-06-30 | 50.56 | 30.16 | 3.48 |
| 2016-03-31 | 50.56 | 30.16 | 3.48 |
| 2015-12-31 | 52.98 | 22.51 | 3.64 |
| 2015-09-30 | 52.98 | 22.51 | 3.64 |
| 2015-06-30 | 54.35 | 26.44 | 3.88 |
| 2015-03-31 | 54.35 | 26.44 | 3.88 |
| 2014-12-31 | 56.60 | 21.46 | 3.77 |
| 2014-09-30 | 56.60 | 21.46 | 3.77 |
| 2014-06-30 | 51.85 | 36.06 | 3.29 |
| 2014-03-31 | 51.85 | 36.06 | 3.29 |
| 2013-12-31 | 53.71 | 37.39 | 3.49 |
| 2013-09-30 | 53.71 | 37.39 | 3.49 |
| 2013-06-30 | 54.48 | 46.70 | 3.94 |
| 2013-03-31 | 54.48 | 46.70 | 3.94 |
| 2012-12-31 | 59.28 | 34.58 | 2.93 |
| 2012-09-30 | 59.28 | 34.58 | 2.93 |
| 2012-06-30 | 56.63 | 37.91 | 3.14 |
| 2012-03-31 | 56.63 | 37.91 | 3.14 |
- N.V. Nederlandsche Apparatenfabriek Nedap's level of debt (29.3%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (69.6% vs 29.3% today).
- Debt is well covered by operating cash flow (95.8%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 86.9x coverage).
Financial health checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
N.V. Nederlandsche Apparatenfabriek Nedap
shares you are expected to receive
€107
in your first year as a dividend.
Dividend Amount
- N.V. Nederlandsche Apparatenfabriek Nedap's pays a higher dividend yield than the bottom 25% of dividend payers in Netherlands (2.47%).
- N.V. Nederlandsche Apparatenfabriek Nedap's dividend is below the markets top 25% of dividend payers in Netherlands (5.92%).
Upcoming dividend payment
Purchase N.V. Nederlandsche Apparatenfabriek Nedap on or before the 'Buy Limit' to receive their next dividend payment.
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.
| 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 2 Analyst Estimates (S&P Global) | See Below |
| Europe Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 93 Stocks | 1.9% |
| Netherlands Market Average Dividend Yield | Market Cap Weighted Average of 67 Stocks | 4% |
| Netherlands Minimum Threshold Dividend Yield | 10th Percentile | 1.6% |
| Netherlands Bottom 25% Dividend Yield | 25th Percentile | 2.5% |
| 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.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 3.95 | 1.00 |
| 2020-12-31 | 3.10 | 2.00 |
| 2019-12-31 | 2.70 | 2.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-14 | 2.500 | 5.386 |
| 2018-02-20 | 2.500 | 5.335 |
| 2018-02-15 | 2.500 | 4.864 |
| 2017-02-22 | 1.400 | 3.487 |
| 2017-02-16 | 1.400 | 3.720 |
| 2016-03-08 | 1.280 | 4.136 |
| 2016-02-11 | 1.280 | 4.289 |
| 2015-02-12 | 1.250 | 4.036 |
| 2014-02-19 | 1.100 | 3.768 |
| 2014-02-13 | 1.100 | 3.539 |
| 2013-02-12 | 1.510 | 4.981 |
| 2012-08-07 | 1.230 | 4.338 |
| 2012-03-05 | 1.230 | 5.302 |
| 2012-02-08 | 1.230 | 5.617 |
| 2011-04-19 | 0.980 | 4.638 |
| 2010-02-04 | 0.140 | 0.716 |
| 2009-02-24 | 1.850 | 10.934 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can N.V. Nederlandsche Apparatenfabriek Nedap afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | €794,000 |
| AGE | 51 |
CEO Bio
Mr. Ruben M. Wegman serves as Chief Executive Officer at N.V. Nederlandsche Apparatenfabriek Nedap and served as its Interim Head of Energy Systems. Mr. Wegman served as Interim Head of Energy Systems at N.V. Nederlandsche Apparatenfabriek Nedap. He has been Chairman of the Board of Directors at N.V. Nederlandsche Apparatenfabriek Nedap since May 2009. He serves as a Member of Advisory Board at Athom BV.
CEO Compensation
- Ruben's compensation has been consistent with company performance over the past year.
- Ruben's remuneration is about average for companies of similar size in Netherlands.
Management Team
Ruben Wegman
Chairman of the Board of Directors & CEO
€794K
51
Eric Urff
CFO & Director
€647K
50
4.4 yrs
J. Somsen
Head of Light Controls
54
R. Schuurman
Head of Retail
47
A. B. Verstege
Head of Livestock Management
55
P. G. Oostendorp
Head of Nedap SMART
54
G. J. Droppers
Head of Healthcare
48
G. Hollander
Head of Staffing Solutions
35
F. van Zee
Head of Security Management
43
Board of Directors Tenure
Average tenure and age of the N.V. Nederlandsche Apparatenfabriek Nedap board of directors in years:
- The tenure for the N.V. Nederlandsche Apparatenfabriek Nedap board of directors is about average.
Board of Directors
G. Kolff
Chairman of Supervisory Board
70
6.8 yrs
Jo van Engelen
Supervisory Board Vice Chairman
59
2.1 yrs
Michiel Westermann
Supervisory Board Member
66
9.8 yrs
Margot Scheltema
Member of Supervisory Board
64
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) N.V. Nederlandsche Apparatenfabriek Nedap 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.
News
Simply Wall St News
If You Had Bought N.V. Nederlandsche Apparatenfabriek Nedap Shares Three Years Ago You'd Have Made 59%
Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) shareholders have seen the share price rise 59% over three years, well in excess of the market return (48%). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Nederlandsche Apparatenfabriek Nedap was able to grow its EPS at 56% per year over three years, sending the share price higher.
Simply Wall St - – Full articleHow Financially Strong Is N.V. Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP)?
Help shape the future of investing tools and you could win a $250 gift card! … Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP), with a market cap of €277m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleShould You Consider N.V. Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP)?
Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on N.V. … Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) due to its excellent fundamentals in more than one area.
Simply Wall St - – Full articleIs N.V. Nederlandsche Apparatenfabriek Nedap's (AMS:NEDAP) High P/E Ratio A Problem For Investors?
Nederlandsche Apparatenfabriek Nedap's (AMS:NEDAP) P/E ratio and reflect on what it tells us about the company's share price. … Nederlandsche Apparatenfabriek Nedap's P/E ratio is 20.18. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleN.V. Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP): Will The Growth Last?
Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) released its earnings update. … the consensus outlook from analysts appear fairly confident, … with earnings expected to grow by 30% in the upcoming year
Simply Wall St - – Full articleWhat Do You Get For Owning NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP)?
and want to begin learning the link between NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP)’s return fundamentals and stock market performance. … Nederlandsche Apparatenfabriek Nedap’s capital returns we will look at a useful metric called return on capital employed. … Calculating Return On Capital Employed for NEDAP
Simply Wall St - – Full articleDo Institutions Own NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) Shares?
The big shareholder groups in NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) have power over the company. … Nederlandsche Apparatenfabriek Nedap is a smaller company with a market capitalization of €264m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.
Simply Wall St - – Full articleHow Financially Strong Is NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP)?
Investors are always looking for growth in small-cap stocks like NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP), with a market cap of €294m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleDoes NV Nederlandsche Apparatenfabriek Nedap's (AMS:NEDAP) PE Ratio Warrant A Sell?
NV Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) is trading with a trailing P/E of 22.6x, which is higher than the industry average of 20.6x. … While this makes NEDAP appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … Nederlandsche Apparatenfabriek Nedap
Simply Wall St - – Full articleWhat Does NV Nederlandsche Apparatenfabriek Nedap's (AMS:NEDAP) Ownership Structure Look Like?
In this analysis, my focus will be on developing a perspective on NV Nederlandsche Apparatenfabriek Nedap’s (AMS:NEDAP) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine NEDAP's ownership structure in more detail.
Simply Wall St - – Full articleCompany Info
Map
Description
N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. The company provides software solutions for healthcare industry; and vehicle and people identification products and wireless parking systems. It also offers RFID systems for libraries; power electronics and control systems for the lighting industry; and automation of livestock management process based on identification of individual animals. In addition, the company provides various solutions to improve in-store product availability in the retail sector; security management solutions; and staffing solutions. N.V. Nederlandsche Apparatenfabriek Nedap was founded in 1929 and is headquartered in Groenlo, the Netherlands.
Details
| Name: | N.V. Nederlandsche Apparatenfabriek Nedap |
| NEDAP | |
| Exchange: | ENXTAM |
| Founded: | 1929 |
| €299,388,307 | |
| 6,383,546 | |
| Website: | http://www.nedap.com |
| Address: |
N.V. Nederlandsche Apparatenfabriek Nedap Parallelweg 2, Groenlo, Gelderland, 7141 DC, Netherlands |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ENXTAM | NEDAP | Ordinary Shares | Euronext Amsterdam | NL | EUR | 02. Jan 1992 | |
| OTCPK | NDDL.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | NE3 | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| LSE | 0NNU | Ordinary Shares | London Stock Exchange | GB | EUR | 02. Jan 1992 | |
| BATS-CHIXE | NEDAPA | Ordinary Shares | BATS 'Chi-X Europe' | GB | EUR | 02. Jan 1992 |
Number of employees
Current staff
Industry
| Electronic Equipment and Instruments | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/23 20:46 |
| End of day share price update: | 2019/02/22 00:00 |
| Last estimates confirmation: | 2019/02/18 |
| Last earnings filing: | 2019/02/14 |
| 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.
