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Neways Electronics International

ENXTAM:NEWAY
Snowflake Description

Very undervalued with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NEWAY
ENXTAM
€158M
Market Cap
  1. Home
  2. NL
  3. Tech
Company description

Neways Electronics International N.V. operates as an electronic manufacturing service company that provides integrated electronic components and systems worldwide. The last earnings update was 88 days ago. More info.


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NEWAY Share Price and Events
7 Day Returns
0%
ENXTAM:NEWAY
0.3%
Europe Electronic
1.5%
NL Market
1 Year Returns
-4.4%
ENXTAM:NEWAY
-4.9%
Europe Electronic
-3.2%
NL Market
NEWAY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Neways Electronics International (NEWAY) 0% -0.8% 7.9% -4.4% 86% 43.9%
Europe Electronic 0.3% -4.4% 3.3% -4.9% 30.4% 69.9%
NL Market 1.5% -2.3% 3.3% -3.2% 27.9% 25.4%
1 Year Return vs Industry and Market
  • NEWAY underperformed the Market in Netherlands which returned -3.2% over the past year.
Price Volatility
NEWAY
Industry
5yr Volatility vs Market

NEWAY Value

 Is Neways Electronics International 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 Neways Electronics International 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 Neways Electronics International.

ENXTAM:NEWAY 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 7.4%
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:NEWAY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NL Govt Bond Rate 0.4%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 25%) (27.22%))
1.174
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.17
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.37% + (1.174 * 5.96%)
7.37%

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

The calculations below outline how an intrinsic value for Neways Electronics International 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:NEWAY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.37%)
2019 12.90 Analyst x1 12.02
2020 21.90 Analyst x1 19.00
2021 29.84 Est @ 36.24% 24.11
2022 37.44 Est @ 25.48% 28.18
2023 44.16 Est @ 17.95% 30.95
2024 49.76 Est @ 12.67% 32.48
2025 54.23 Est @ 8.98% 32.97
2026 57.70 Est @ 6.4% 32.68
2027 60.34 Est @ 4.59% 31.83
2028 62.35 Est @ 3.32% 30.63
Present value of next 10 years cash flows €274.85
ENXTAM:NEWAY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €62.35 × (1 + 0.37%) ÷ (7.37% – 0.37%)
€894.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €894.58 ÷ (1 + 7.37%)10
€439.51
ENXTAM:NEWAY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €274.85 + €439.51
€714.36
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €714.36 / 12.13
€58.87
ENXTAM:NEWAY Discount to Share Price
Calculation Result
Value per share (EUR) From above. €58.87
Current discount Discount to share price of €13.00
= -1 x (€13.00 - €58.87) / €58.87
77.9%

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

Current Discount
Amount off the current price Neways Electronics International is available for.
Intrinsic value
>50%
Share price is €13 vs Future cash flow value of €58.87
Current Discount Checks
For Neways Electronics International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Neways Electronics International's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Neways Electronics International'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 Neways Electronics International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Neways Electronics International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTAM:NEWAY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.22
ENXTAM:NEWAY Share Price ** ENXTAM (2019-05-21) in EUR €13
Europe Electronic Industry PE Ratio Median Figure of 110 Publicly-Listed Electronic Companies 17.25x
Netherlands Market PE Ratio Median Figure of 80 Publicly-Listed Companies 17x

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

** Primary Listing of Neways Electronics International.

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

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

= 13 ÷ 1.22

10.68x

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

  • Neways Electronics International is good value based on earnings compared to the Europe Electronic industry average.
  • Neways Electronics International is good value based on earnings compared to the Netherlands market.
Price based on expected Growth
Does Neways Electronics International's expected growth come at a high price?
Raw Data
ENXTAM:NEWAY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
12.2%per year
Europe Electronic Industry PEG Ratio Median Figure of 73 Publicly-Listed Electronic Companies 1.74x
Netherlands Market PEG Ratio Median Figure of 66 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

ENXTAM:NEWAY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.68x ÷ 12.2%

0.88x

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

  • Neways Electronics International is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Neways Electronics International's assets?
Raw Data
ENXTAM:NEWAY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €8.50
ENXTAM:NEWAY Share Price * ENXTAM (2019-05-21) in EUR €13
Europe Electronic Industry PB Ratio Median Figure of 171 Publicly-Listed Electronic Companies 1.87x
Netherlands Market PB Ratio Median Figure of 103 Publicly-Listed Companies 1.94x
ENXTAM:NEWAY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 13 ÷ 8.50

1.53x

* Primary Listing of Neways Electronics International.

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

  • Neways Electronics International is good value based on assets compared to the Europe Electronic industry average.
X
Value checks
We assess Neways Electronics International'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. Neways Electronics International has a total score of 6/6, 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.

NEWAY Future Performance

 How is Neways Electronics International 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
12.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Neways Electronics International expected to grow at an attractive rate?
  • Neways Electronics International's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Neways Electronics International's earnings growth is expected to exceed the Netherlands market average.
  • Neways Electronics International's revenue growth is expected to exceed the Netherlands market average.
Annual Growth Rates Comparison
Raw Data
ENXTAM:NEWAY Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTAM:NEWAY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 12.2%
ENXTAM:NEWAY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.4%
Europe Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.6%
Europe Electronic Industry Revenue Growth Rate Market Cap Weighted Average 6.8%
Netherlands Market Earnings Growth Rate Market Cap Weighted Average 9.3%
Netherlands Market Revenue Growth Rate Market Cap Weighted Average 2.8%

*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:NEWAY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:NEWAY Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 542 32 18 1
2019-12-31 516 22 16 1
ENXTAM:NEWAY Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 507 8 14
2018-09-30 489 11 13
2018-06-30 472 14 12
2018-03-31 455 9 11
2017-12-31 439 3 10
2017-09-30 424 5 10
2017-06-30 409 6 10
2017-03-31 401 8 10
2016-12-31 393 11 10
2016-09-30 388 10 7
2016-06-30 383 9 4
2016-03-31 379 8 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Neways Electronics International's earnings are expected to grow by 12.2% yearly, however this is not considered high growth (20% yearly).
  • Neways Electronics International's revenue is expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
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:NEWAY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Neways Electronics International Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTAM:NEWAY Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.50 1.50 1.50 1.00
2019-12-31 1.30 1.30 1.30 1.00
ENXTAM:NEWAY Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.22
2018-09-30 1.12
2018-06-30 1.02
2018-03-31 0.94
2017-12-31 0.86
2017-09-30 0.88
2017-06-30 0.89
2017-03-31 0.87
2016-12-31 0.85
2016-09-30 0.61
2016-06-30 0.37
2016-03-31 0.33

*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.
  • Neways Electronics International is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Neways Electronics International'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.
Neways Electronics International has a total score of 3/6, 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.

NEWAY Past Performance

  How has Neways Electronics International 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 Neways Electronics International's growth in the last year to its industry (Electronic).
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.
  • Neways Electronics International has delivered over 20% year on year earnings growth in the past 5 years.
  • Neways Electronics International's 1-year earnings growth exceeds its 5-year average (45.5% vs 22.8%)
  • Neways Electronics International's earnings growth has exceeded the Europe Electronic industry average in the past year (45.5% vs 11.6%).
Earnings and Revenue History
Neways Electronics International'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 Neways Electronics International Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTAM:NEWAY Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 506.82 14.43 134.15
2018-09-30 489.47 13.12 130.60
2018-06-30 472.12 11.80 126.98
2018-03-31 455.40 10.86 123.70
2017-12-31 438.69 9.92 120.49
2017-09-30 423.76 10.04 117.08
2017-06-30 408.83 10.17 113.68
2017-03-31 401.01 9.93 110.64
2016-12-31 393.20 9.69 107.61
2016-09-30 388.07 6.97 105.82
2016-06-30 382.94 4.25 104.03
2016-03-31 378.53 3.74 103.11
2015-12-31 374.12 3.22 102.19
2015-09-30 369.14 5.26 101.71
2015-06-30 364.15 7.31 101.23
2015-03-31 336.39 7.13 94.64
2014-12-31 308.63 6.96 88.05
2014-09-30 287.91 6.90 82.85
2014-06-30 267.18 6.84 77.66
2014-03-31 266.10 4.38 77.19
2013-12-31 265.02 1.92 76.71
2013-09-30 263.17 -1.29 76.77
2013-06-30 261.32 -4.51 76.83
2013-03-31 267.80 -2.46 78.29
2012-12-31 274.28 -0.41 79.74
2012-09-30 279.55 1.22 79.97
2012-06-30 284.82 2.84 80.20

*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.
  • Neways Electronics International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Neways Electronics International used its assets less efficiently than the Europe Electronic industry average last year based on Return on Assets.
  • Neways Electronics International has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Neways Electronics International'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 Electronic 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.
Neways Electronics International has a total score of 4/6, 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.

NEWAY Health

 How is Neways Electronics International'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 Neways Electronics International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Neways Electronics International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Neways Electronics International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Neways Electronics International'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 covered by short term assets, assets are 4.5x 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 Neways Electronics International Company Filings, last reported 4 months ago.

ENXTAM:NEWAY Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 101.63 42.95 1.07
2018-09-30 101.63 42.95 1.07
2018-06-30 91.10 41.40 2.56
2018-03-31 91.10 41.40 2.56
2017-12-31 85.05 38.29 1.04
2017-09-30 85.05 38.29 1.04
2017-06-30 79.98 43.64 1.08
2017-03-31 79.98 43.64 1.08
2016-12-31 78.94 31.18 1.17
2016-09-30 78.94 31.18 1.17
2016-06-30 73.66 38.07 1.34
2016-03-31 73.66 38.07 1.34
2015-12-31 70.55 33.09 1.55
2015-09-30 70.55 33.09 1.55
2015-06-30 70.32 41.61 2.06
2015-03-31 70.32 41.61 2.06
2014-12-31 65.99 36.58 1.78
2014-09-30 65.99 36.58 1.78
2014-06-30 52.60 0.48 3.18
2014-03-31 52.60 0.48 3.18
2013-12-31 50.07 0.64 22.14
2013-09-30 50.07 0.64 22.14
2013-06-30 46.30 4.86 0.26
2013-03-31 46.30 4.86 0.26
2012-12-31 48.11 7.22 0.41
2012-09-30 48.66 7.22 0.41
2012-06-30 51.34 11.85 0.36
  • Neways Electronics International's level of debt (42.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.3% vs 42.3% today).
  • Debt is not well covered by operating cash flow (17.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 13.2x coverage).
X
Financial health checks
We assess Neways Electronics International'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. Neways Electronics International has a total score of 3/6, 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.

NEWAY Dividends

 What is Neways Electronics International'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
3.69%
Current annual income from Neways Electronics International dividends. Estimated to be 4.62% next year.
If you bought €2,000 of Neways Electronics International shares you are expected to receive €74 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?
  • Neways Electronics International's pays a higher dividend yield than the bottom 25% of dividend payers in Netherlands (2.35%).
  • Neways Electronics International's dividend is below the markets top 25% of dividend payers in Netherlands (5.84%).
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:NEWAY 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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 91 Stocks 1.8%
Netherlands Market Average Dividend Yield Market Cap Weighted Average of 68 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 5.8%

Industry and Market average data is calculated daily.

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

ENXTAM:NEWAY Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.60 1.00
2019-12-31 0.60 1.00
ENXTAM:NEWAY Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-21 0.480 3.663
2018-02-28 0.350 2.844
2018-02-22 0.350 2.075
2017-03-03 0.340 2.583
2016-04-12 0.110 1.321
2015-03-02 0.000 0.000
2014-04-14 0.069 0.863
2014-02-24 0.058 0.854
2013-02-26 0.012 0.273
2012-02-28 0.117 2.324
2011-03-01 0.155 2.330
2009-08-27 0.000 0.000

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

  • Neways Electronics International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Neways Electronics International only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Neways Electronics International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Neways Electronics International'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 Neways Electronics International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Neways Electronics International 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.

NEWAY Management

 What is the CEO of Neways Electronics International'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
Huub W. van der Vrande
COMPENSATION €617,000
AGE 63
CEO Bio

Mr. Huub W. T. van der Vrande serves as the Managing Director of BuS Elektronik GmbH & Co. KG. Mr. van der Vrande serves as the Chief Executive Officer and Director of Neways Electronics International NV. and served as its Chief Operating Officer until January 1, 2015.

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

Huub W. van der Vrande

TITLE
CEO & Director
COMPENSATION
€617K
AGE
63

Paul H. de Koning

TITLE
CFO & Director
COMPENSATION
€515K
AGE
55
TENURE
4.1 yrs

Adrie A. van Bragt

TITLE
COO & Director
COMPENSATION
€515K
AGE
53
TENURE
4.3 yrs

Jack Kromhof

TITLE
Director of Cable
AGE
67

Ruud Meeren

TITLE
Corporate Head of Legal Affairs
AGE
35

Joan Leeuwenburg

TITLE
Corporate Head of Human Resources
AGE
49

Hans Ketelaars

TITLE
Managing Director of Neways Technologies
AGE
61

Michel Postma

TITLE
Managing Director of Neways Leeuwarden B.V.
AGE
46

Bob Konings

TITLE
Managing Director of Neways Industrial Systems B.V.
AGE
47

Harrie van Houtum

TITLE
Corporate Head of Operations
AGE
59
Board of Directors Tenure

Average tenure and age of the Neways Electronics International board of directors in years:

4.1
Average Tenure
64
Average Age
  • The tenure for the Neways Electronics International board of directors is about average.
Board of Directors

Henk Scheepers

TITLE
Chairman of Supervisory Board
AGE
69
TENURE
4.1 yrs

Rene de Vries

TITLE
Vice Chairman of Supervisory Board
AGE
64
TENURE
4.1 yrs

Peter van Bommel

TITLE
Member of Supervisory Board
AGE
61
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • Neways Electronics International insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
03. May 19 Sell Adrie A. van Bragt Individual 03. May 19 03. May 19 -1,082 €13.00 €-14,058
02. May 19 Sell Adrie A. van Bragt Individual 02. May 19 02. May 19 -1,000 €13.00 €-13,000
30. Apr 19 Sell Adrie A. van Bragt Individual 30. Apr 19 30. Apr 19 -2,247 €13.35 €-29,547
29. Apr 19 Sell Adrie A. van Bragt Individual 29. Apr 19 29. Apr 19 -4,671 €13.55 €-62,369
16. Apr 19 Sell Adrie A. van Bragt Individual 16. Apr 19 16. Apr 19 -2,000 €13.35 €-26,604
17. Apr 19 Sell Adrie A. van Bragt Individual 17. Apr 19 17. Apr 19 -7,000 €13.25 €-91,674
15. Apr 19 Sell Adrie A. van Bragt Individual 15. Apr 19 15. Apr 19 -4,000 €13.90 €-55,050
15. Apr 19 Buy Adrie A. van Bragt Individual 15. Apr 19 15. Apr 19 15,000 €7.10 €106,500
X
Management checks
We assess Neways Electronics International'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. Neways Electronics International 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.

NEWAY News

Simply Wall St News

How Many Neways Electronics International N.V. (AMS:NEWAY) Shares Do Institutions Own?

Neways Electronics International is a smaller company with a market capitalization of €160m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Neways Electronics International ENXTAM:NEWAY Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About Neways Electronics International? … Insider Ownership Of Neways Electronics International The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Do You Like Neways Electronics International N.V. (AMS:NEWAY) At This P/E Ratio?

We'll apply a basic P/E ratio analysis to Neways Electronics International N.V.'s (AMS:NEWAY), to help you decide if the stock is worth further research. … Based on the last twelve months, Neways Electronics International's P/E ratio is 10.76. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

What Neways Electronics International N.V.'s (AMS:NEWAY) ROE Can Tell Us

That means that for every €1 worth of shareholders' equity, it generated €0.14 in profit. … View our latest analysis for Neways Electronics International? … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Read This Before Selling Neways Electronics International N.V. (AMS:NEWAY) Shares

So shareholders might well want to know whether insiders have been buying or selling shares in Neways Electronics International N.V. … The Last 12 Months Of Insider Transactions At Neways Electronics International. … Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of €13.10

Simply Wall St -

With 45% Earnings Growth, Did Neways Electronics International N.V. (AMS:NEWAY) Outperform The Industry?

In this commentary, I will examine Neways Electronics International N.V.'s (AMS:NEWAY) latest earnings update (31 December 2018) and compare these figures against its performance over the past couple of years, as well as how the rest of the electronic industry performed. … View our latest analysis for Neways Electronics International? … NEWAY's trailing twelve-month earnings (from 31 December 2018) of €14m has.

Simply Wall St -

An Examination Of Neways Electronics International N.V. (AMS:NEWAY)

(AMS:NEWAY) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … In the case of NEWAY, it.

Simply Wall St -

Neways Electronics International N.V. (AMS:NEWAY) Earns Among The Best Returns In Its Industry

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … How Do You Calculate Return On Capital Employed

Simply Wall St -

Does Neways Electronics International N.V.'s (AMS:NEWAY) CEO Salary Reflect Performance?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … van der Vrande's Compensation Compare With Similar Sized Companies. … has a market cap of €156m, and is paying total annual CEO compensation of €617k.

Simply Wall St -

What Is Neways Electronics International N.V.'s (AMS:NEWAY) Share Price Doing?

Neways Electronics International N.V. … So, could the stock still be trading at a low price relative to its actual value. … Let’s take a look at Neways Electronics International’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Is Neways Electronics International N.V. (AMS:NEWAY) A Strong Dividend Stock?

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

Simply Wall St -

NEWAY Company Info

Description

Neways Electronics International N.V. operates as an electronic manufacturing service company that provides integrated electronic components and systems worldwide. It offers development and design services, such as hardware, software, electronic, mechanical, and electro mechanical design, as well as system architecture and environmental testing services. The company also provides printed circuit board assembly, box build, cable and wire, and system integration services, as well as hybrid microelectronics. Its solutions are used in various sectors, including the automotive, medical, defense, industrial, and semiconductor, as well as other industries. The company was founded in 1969 and is headquartered in Son, the Netherlands.

Details
Name: Neways Electronics International N.V.
NEWAY
Exchange: ENXTAM
Founded: 1969
€157,748,942
12,134,534
Website: http://www.newayselectronics.com
Address: Neways Electronics International N.V.
Science Park Eindhoven 5010,
Son,
Noord-Brabant, 5692 EA,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM NEWAY Ordinary Shares Euronext Amsterdam NL EUR 02. Jan 1992
LSE 0NEB Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE NEWAYA Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
2,998
Neways Electronics International employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 20:55
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/04/11
Last earnings filing: 2019/02/22
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.