N.V. Nederlandsche Apparatenfabriek Nedap
Market Cap
€310.4m
Last Updated
2019/10/23 20:39 UTC
Data Sources
Company Financials +
Executive Summary
N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide.
Snowflake
Fundamentals
Outstanding track record with excellent balance sheet.
Similar Companies
Share Price & News
How has N.V. Nederlandsche Apparatenfabriek Nedap's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.3%
NEDAP
1.2%
NL Electronic
-0.06%
NL Market
1 Year Return
9.3%
NEDAP
13.7%
NL Electronic
9.2%
NL Market
Return vs Industry: NEDAP underperformed the Dutch Electronic industry which returned 13.7% over the past year.
Return vs Market: NEDAP matched the Dutch Market which returned 9.2% over the past year.
Shareholder returns
| NEDAP | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 1.2% | -0.06% |
| 30 Day | 5.0% | -1.0% | -0.6% |
| 90 Day | -7.1% | -2.4% | -2.4% |
| 1 Year | 14.7%9.3% | 15.7%13.7% | 14.0%9.2% |
| 3 Year | 74.1%52.7% | 28.7%23.0% | 40.7%25.0% |
| 5 Year | 112.4%72.5% | 97.2%80.3% | 67.1%33.2% |
Price Volatility Vs. Market
How volatile is N.V. Nederlandsche Apparatenfabriek Nedap's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Here's What N.V. Nederlandsche Apparatenfabriek Nedap's (AMS:NEDAP) P/E Is Telling Us2 weeks ago | Simply Wall St
What Kind Of Shareholder Owns Most N.V. Nederlandsche Apparatenfabriek Nedap (AMS:NEDAP) Stock?3 weeks ago | Simply Wall St
Are N.V. Nederlandsche Apparatenfabriek Nedap’s (AMS:NEDAP) High Returns Really That Great?Valuation
Is N.V. Nederlandsche Apparatenfabriek Nedap undervalued compared to its fair value and its price relative to the market?
40.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NEDAP (€48.1) is trading below our estimate of fair value (€80.75)
Significantly Below Fair Value: NEDAP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NEDAP is poor value based on its PE Ratio (20.6x) compared to the Electronic industry average (17.6x).
PE vs Market: NEDAP is poor value based on its PE Ratio (20.6x) compared to the Dutch market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: NEDAP is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: NEDAP is overvalued based on its PB Ratio (5.5x) compared to the XE Electronic industry average (1.9x).
Next Steps
Future Growth
How is N.V. Nederlandsche Apparatenfabriek Nedap forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
14.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEDAP's forecast earnings growth (14.1% per year) is above the savings rate (0.4%).
Earnings vs Market: NEDAP's earnings (14.1% per year) are forecast to grow faster than the Dutch market (12.1% per year).
High Growth Earnings: NEDAP's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEDAP's revenue (8.3% per year) is forecast to grow faster than the Dutch market (6.1% per year).
High Growth Revenue: NEDAP's revenue (8.3% 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 N.V. Nederlandsche Apparatenfabriek Nedap performed over the past 5 years?
2.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: NEDAP's earnings have grown by 2.6% per year over the past 5 years.
Accelerating Growth: NEDAP's earnings growth over the past year (10.2%) exceeds its 5-year average (2.6% per year).
Earnings vs Industry: NEDAP earnings growth over the past year (10.2%) exceeded the Electronic industry 5.6%.
Return on Equity
High ROE: NEDAP's Return on Equity (26.7%) is considered high.
Return on Assets
ROA vs Industry: NEDAP has a higher Return on Assets than the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: NEDAP has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is N.V. Nederlandsche Apparatenfabriek Nedap's financial position?
Financial Position Analysis
Short Term Liabilities: NEDAP's short term assets (€75.7M) exceeds its short term liabilities (€43.3M)
Long Term Liabilities: NEDAP's short term assets (75.7M) exceeds its long term liabilities (17.0M)
Debt to Equity History and Analysis
Debt Level: NEDAP's debt to equity ratio (50.2%) is considered high
Reducing Debt: NEDAP's debt to equity ratio has reduced from 69.2% to 50.2% over the past 5 years.
Debt Coverage: NEDAP's debt is well covered by operating cash flow (79%).
Interest Coverage: NEDAP's interest payments on its debt are well covered by EBIT (75.4x coverage).
Balance Sheet
Inventory Level: NEDAP has a high level of physical assets or inventory.
Debt Coverage by Assets: NEDAP's debt is covered by short term assets (assets are 2.7x debt).
Next Steps
Dividend
What is N.V. Nederlandsche Apparatenfabriek Nedap's current dividend yield, its reliability and sustainability?
5.20%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: NEDAP's dividend (5.2%) is higher than the bottom 25% of dividend payers in the Dutch market (2.22%).
High Dividend: NEDAP's dividend (5.2%) is low compared to the top 25% of dividend payers in the Dutch market (5.93%).
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 (106.9%), 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 (93% payout ratio).
Next Steps
Management
What is the CEO of N.V. Nederlandsche Apparatenfabriek Nedap's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average board tenure
CEO
Ruben Wegman (53yo)
0yrs
Tenure
€815,000
Compensation
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 ...
CEO Compensation Analysis
Compensation vs. Market: Ruben's total compensation ($USD906.46K) is about average for companies of similar size in the Dutch market ($USD908.98K).
Compensation vs Earnings: Ruben's compensation has been consistent with company performance over the past year.
Board Age and Tenure
2.1yrs
Average Tenure
62.5yo
Average Age
Experienced Board: NEDAP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Ruben Wegman (53yo)
Chairman of the Board of Directors & CEO
- Tenure: 0yrs
- Compensation: €815.00k
Eric Urff (52yo)
CFO & Director
- Tenure: 5.1yrs
- Compensation: €667.00k
Board Members
Jo van Engelen (60yo)
Supervisory Board Vice Chairman
- Tenure: 2.8yrs
Margot Scheltema (65yo)
Member of Supervisory Board
- Tenure: 1.5yrs
G. Kolff (71yo)
Chairman of Supervisory Board
- Tenure: 7.5yrs
M. Pijnenborg (49yo)
Supervisory Board Member
- Tenure: 0.8yrs
Company Information
N.V. Nederlandsche Apparatenfabriek Nedap's company bio, employee growth, exchange listings and data sources
Key Information
- Name: N.V. Nederlandsche Apparatenfabriek Nedap
- Ticker: NEDAP
- Exchange: ENXTAM
- Founded: 1929
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: €310.381m
- Shares outstanding: 6.45m
- Website: https://www.nedap.com
Number of Employees
Location
- N.V. Nederlandsche Apparatenfabriek Nedap
- 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
N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. The company provides software solutions for healthcare industry; an ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 20:39 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.