ENXTAM:FAST

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Executive Summary

Fastned B.V. constructs and operates charging stations for electric vehicles in the Netherlands, Germany, and internationally. More Details


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Fastned B.V's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FAST is more volatile than 90% of Dutch stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: FAST's weekly volatility has increased from 11% to 18% over the past year.


Market Performance


7 Day Return

60.7%

FAST

0.8%

NL Electric Utilities

2.9%

NL Market


1 Year Return

62.5%

FAST

20.1%

NL Electric Utilities

-0.6%

NL Market

Return vs Industry: FAST exceeded the Dutch Electric Utilities industry which returned 20.1% over the past year.

Return vs Market: FAST exceeded the Dutch Market which returned -1.5% over the past year.


Shareholder returns

FASTIndustryMarket
7 Day60.7%0.8%2.9%
30 Day73.4%9.3%12.4%
90 Day104.4%11.1%9.9%
1 Year62.5%62.5%24.5%20.1%1.8%-0.6%
3 Yearn/a65.1%46.6%8.8%-2.2%
5 Yearn/a86.7%47.7%41.9%16.3%

Long-Term Price Volatility Vs. Market

How volatile is Fastned B.V's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fastned B.V undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Fastned B.V is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Fastned B.V has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of FAST's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Fastned B.V regulatory filings.
  • Explore potentially undervalued companies in the Utilities industry.

Future Growth

How is Fastned B.V forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.7%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fastned B.V has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Fastned B.V performed over the past 5 years?

-27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FAST is currently unprofitable.

Growing Profit Margin: FAST is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FAST is unprofitable, and losses have increased over the past 5 years at a rate of 27.1% per year.

Accelerating Growth: Unable to compare FAST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FAST is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (-3.5%).


Return on Equity

High ROE: FAST's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Fastned B.V's financial position?


Financial Position Analysis

Short Term Liabilities: FAST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: FAST has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: FAST has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: FAST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FAST has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FAST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.5% each year


Next Steps

Dividend

What is Fastned B.V current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FAST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FAST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FAST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FAST's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FAST's dividend in 3 years as they are not forecast to pay a notable one for the Dutch market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Michiel Langezaal (39 yo)

8.83yrs

Tenure

€105,000

Compensation

Mr. Michiel Langezaal serves as its Founder and Chief Executive Officer at Fastned B.V. since 2012. He also serves as Chairman of Management Board and Statutory Director at Fastned B.V. Mr. Langezaal serve...


CEO Compensation Analysis

Compensation vs Market: Michiel's total compensation ($USD125.01K) is below average for companies of similar size in the Dutch market ($USD968.62K).

Compensation vs Earnings: Michiel's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Bart Lubbers
Founder & Non-Independent Chairman of the Supervisory Board1.42yrs€42.66kno data
Michiel Langezaal
Founder8.83yrs€105.00kno data
Victor Van Dijk
CFO & Member of Management Board1yr€113.10kno data
Niels Korthals Altes
Chief Commercial Officerno data€271.00kno data

6.3yrs

Average Tenure

44.5yo

Average Age

Experienced Management: FAST's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bart Lubbers
Founder & Non-Independent Chairman of the Supervisory Board1.42yrs€42.66kno data
Michiel Langezaal
Founder8.83yrs€105.00kno data
Niels Korthals Altes
Chief Commercial Officerno data€271.00kno data
Hans Michels
Independent Member of the Supervisory Board1.83yrsno datano data
Marieke Bax
Member of the Supervisory Board0.42yrno datano data
Marije Van Mens
Member of the Supervisory Board0.42yrno datano data

1.4yrs

Average Tenure

51.5yo

Average Age

Experienced Board: FAST's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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

Fastned B.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fastned B.V.
  • Ticker: FAST
  • Exchange: ENXTAM
  • Founded: 2012
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: €341.211m
  • Shares outstanding: 14.93m
  • Website: https://www.fastned.nl

Number of Employees


Location

  • Fastned B.V.
  • James Wattstraat 77-79
  • Amsterdam
  • Noord-Holland
  • 1097 DL
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FASTENXTAM (Euronext Amsterdam)YesEUR0.01NLEURJun 2019
FSFDB (Deutsche Boerse AG)YesEUR0.01DEEURJun 2019

Biography

Fastned B.V. constructs and operates charging stations for electric vehicles in the Netherlands, Germany, and internationally. It also engages in buying and selling of charging equipment. The company was f...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 20:35
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.