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Vista Alegre Atlantis SGPS

ENXTLS:VAF
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VAF
ENXTLS
€221M
Market Cap
  1. Home
  2. PT
  3. Consumer Durables
Company description

Vista Alegre Atlantis, SGPS, S.A. produces and sells porcelain tableware, barware, giftware, hotelware, glass and crystal, and stainless steel cutlery products worldwide. The last earnings update was 18 days ago. More info.


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VAF Share Price and Events
7 Day Returns
9.8%
ENXTLS:VAF
0.4%
Europe Consumer Durables
-0.6%
PT Market
1 Year Returns
-12.1%
ENXTLS:VAF
-5.5%
Europe Consumer Durables
-2.1%
PT Market
VAF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vista Alegre Atlantis SGPS (VAF) 9.8% 0% -3.3% -12.1% 81.3% 81.3%
Europe Consumer Durables 0.4% 5.2% 8.3% -5.5% 20.8% 66.6%
PT Market -0.6% 3% 6.4% -2.1% -35.3% 7.9%
1 Year Return vs Industry and Market
  • VAF underperformed the Consumer Durables industry which returned -5.5% over the past year.
  • VAF underperformed the Market in Portugal which returned -2.1% over the past year.
Price Volatility
VAF
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Vista Alegre Atlantis SGPS's competitors could be found in our database.

Value

 Is Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS.

ENXTLS:VAF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.2%
Perpetual Growth Rate 10-Year PT Government Bond Rate 1.8%

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 ENXTLS:VAF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PT Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 9%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.918 (1 + (1- 21%) (42.86%))
1.154
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.82% + (1.154 * 9.02%)
12.23%

Discounted Cash Flow Calculation for ENXTLS:VAF using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Vista Alegre Atlantis SGPS 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.

ENXTLS:VAF DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.23%)
2019 10.53 Est @ 93.3% 9.38
2020 17.46 Est @ 65.86% 13.87
2021 25.61 Est @ 46.65% 18.12
2022 34.12 Est @ 33.2% 21.50
2023 42.23 Est @ 23.79% 23.72
2024 49.49 Est @ 17.2% 24.77
2025 55.72 Est @ 12.59% 24.85
2026 60.94 Est @ 9.36% 24.21
2027 65.26 Est @ 7.1% 23.10
2028 68.86 Est @ 5.52% 21.72
Present value of next 10 years cash flows €205.23
ENXTLS:VAF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €68.86 × (1 + 1.82%) ÷ (12.23% – 1.82%)
€673.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €673.79 ÷ (1 + 12.23%)10
€212.53
ENXTLS:VAF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €205.23 + €212.53
€417.77
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €417.77 / 152.41
€2.74
ENXTLS:VAF Discount to Share Price
Calculation Result
Value per share (EUR) From above. €2.74
Current discount Discount to share price of €1.45
= -1 x (€1.45 - €2.74) / €2.74
47.1%

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

Current Discount
Amount off the current price Vista Alegre Atlantis SGPS is available for.
Intrinsic value
47%
Share price is €1.45 vs Future cash flow value of €2.74
Current Discount Checks
For Vista Alegre Atlantis SGPS to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Vista Alegre Atlantis SGPS's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Vista Alegre Atlantis SGPS'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 Vista Alegre Atlantis SGPS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vista Alegre Atlantis SGPS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTLS:VAF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.05
ENXTLS:VAF Share Price ** ENXTLS (2019-04-23) in EUR €1.45
Europe Consumer Durables Industry PE Ratio Median Figure of 89 Publicly-Listed Consumer Durables Companies 11.2x
Portugal Market PE Ratio Median Figure of 33 Publicly-Listed Companies 12.7x

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

** Primary Listing of Vista Alegre Atlantis SGPS.

ENXTLS:VAF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTLS:VAF Share Price ÷ EPS (both in EUR)

= 1.45 ÷ 0.05

30.37x

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

  • Vista Alegre Atlantis SGPS is overvalued based on earnings compared to the Europe Consumer Durables industry average.
  • Vista Alegre Atlantis SGPS is overvalued based on earnings compared to the Portugal market.
Price based on expected Growth
Does Vista Alegre Atlantis SGPS's expected growth come at a high price?
Raw Data
ENXTLS:VAF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 30.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
10.6%per year
Europe Consumer Durables Industry PEG Ratio Median Figure of 57 Publicly-Listed Consumer Durables Companies 1.16x
Portugal Market PEG Ratio Median Figure of 20 Publicly-Listed Companies 0.73x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Vista Alegre Atlantis SGPS, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vista Alegre Atlantis SGPS's assets?
Raw Data
ENXTLS:VAF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €0.32
ENXTLS:VAF Share Price * ENXTLS (2019-04-23) in EUR €1.45
Europe Consumer Durables Industry PB Ratio Median Figure of 110 Publicly-Listed Consumer Durables Companies 1.47x
Portugal Market PB Ratio Median Figure of 43 Publicly-Listed Companies 1.14x
ENXTLS:VAF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTLS:VAF Share Price ÷ Book Value per Share (both in EUR)

= 1.45 ÷ 0.32

4.46x

* Primary Listing of Vista Alegre Atlantis SGPS.

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

  • Vista Alegre Atlantis SGPS is overvalued based on assets compared to the Europe Consumer Durables industry average.
X
Value checks
We assess Vista Alegre Atlantis SGPS'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Vista Alegre Atlantis SGPS has a total score of 2/6, 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

 How is Vista Alegre Atlantis SGPS expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Vista Alegre Atlantis SGPS, future earnings growth has been estimated based on fundamentals.
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
10.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vista Alegre Atlantis SGPS expected to grow at an attractive rate?
  • Vista Alegre Atlantis SGPS's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Vista Alegre Atlantis SGPS's earnings growth is expected to exceed the Portugal market average.
  • Unable to compare Vista Alegre Atlantis SGPS's revenue growth to the Portugal market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ENXTLS:VAF Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTLS:VAF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 10.6%
Europe Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 7.5%
Europe Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Portugal Market Earnings Growth Rate Market Cap Weighted Average 9.2%
Portugal Market Revenue Growth Rate Market Cap Weighted Average 3.7%

*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
ENXTLS:VAF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTLS:VAF Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 99 19 7
2018-09-30 88 10 6
2018-06-30 86 5 5
2018-03-31 86 10 5
2017-12-31 85 11 4
2017-09-30 83 15 5
2017-06-30 81 16 4
2017-03-31 77 13 4
2016-12-31 75 9 2
2016-09-30 75 8 2
2016-06-30 74 6 1
2016-03-31 72 4 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vista Alegre Atlantis SGPS's earnings are expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Vista Alegre Atlantis SGPS is high growth as no revenue estimate data is available.
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
ENXTLS:VAF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Vista Alegre Atlantis SGPS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTLS:VAF Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.05
2018-09-30 0.04
2018-06-30 0.04
2018-03-31 0.04
2017-12-31 0.04
2017-09-30 0.05
2017-06-30 0.03
2017-03-31 0.03
2016-12-31 0.02
2016-09-30 0.02
2016-06-30 0.01
2016-03-31 0.00

*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.
  • Unable to establish if Vista Alegre Atlantis SGPS will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vista Alegre Atlantis SGPS'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.
Vista Alegre Atlantis SGPS has a total score of 2/6, 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 Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS's growth in the last year to its industry (Consumer Durables).
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.
  • Vista Alegre Atlantis SGPS has delivered over 20% year on year earnings growth in the past 5 years.
  • Vista Alegre Atlantis SGPS's 1-year earnings growth is less than its 5-year average (70.9% vs 72.2%)
  • Vista Alegre Atlantis SGPS's earnings growth has exceeded the Europe Consumer Durables industry average in the past year (70.9% vs 11.5%).
Earnings and Revenue History
Vista Alegre Atlantis SGPS'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 Vista Alegre Atlantis SGPS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTLS:VAF 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 99.02 7.28 53.50
2018-09-30 88.00 6.10 47.45
2018-06-30 85.91 4.87 45.69
2018-03-31 85.72 4.79 45.89
2017-12-31 84.98 4.26 44.89
2017-09-30 83.01 5.10 44.10
2017-06-30 80.98 4.12 44.17
2017-03-31 77.08 3.67 42.38
2016-12-31 75.44 1.80 42.87
2016-09-30 74.89 2.35 42.56
2016-06-30 73.64 1.10 42.26
2016-03-31 72.15 -0.41 42.68
2015-12-31 71.83 -0.81 42.54
2015-09-30 71.89 -1.18 42.83
2015-06-30 71.80 -0.53 43.24
2015-03-31 69.31 -1.88 42.75
2014-12-31 65.17 -1.97 41.49
2014-09-30 59.82 -4.98 39.84
2014-06-30 56.58 -5.14 39.25
2014-03-31 54.64 -4.19 38.71
2013-12-31 54.17 -3.94 38.80
2013-09-30 53.34 -3.23 39.12
2013-06-30 53.09 -3.51 38.75
2013-03-31 53.09 -3.86 38.78
2012-12-31 54.24 -3.56 38.82
2012-09-30 54.58 0.25 39.31
2012-06-30 55.20 0.32 39.24

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vista Alegre Atlantis SGPS's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Vista Alegre Atlantis SGPS's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Vista Alegre Atlantis SGPS'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 not covered by short term assets, assets are 0.8x 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.
Raw Data

All data from Vista Alegre Atlantis SGPS Company Filings, last reported 3 months ago.

ENXTLS:VAF Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 50.29 94.72 11.15
2018-09-30 47.35 89.67 3.78
2018-06-30 84.77 49.96 1.88
2018-03-31 83.37 45.78 1.45
2017-12-31 82.60 46.38 4.80
2017-09-30 32.81 83.52 0.94
2017-06-30 32.19 85.18 1.87
2017-03-31 31.39 90.38 1.14
2016-12-31 31.29 92.69 1.59
2016-09-30 27.70 96.03 1.81
2016-06-30 27.78 96.71 1.92
2016-03-31 26.15 96.31 0.91
2015-12-31 27.76 96.65 2.22
2015-09-30 23.07 96.86 1.12
2015-06-30 25.68 95.10 1.97
2015-03-31 26.21 93.63 1.78
2014-12-31 28.60 90.32 1.88
2014-09-30 22.42 90.31 0.71
2014-06-30 23.52 88.81 1.06
2014-03-31 25.65 87.63 3.76
2013-12-31 27.79 81.72 4.06
2013-09-30 25.85 75.81 3.55
2013-06-30 27.16 72.76 4.59
2013-03-31 28.49 68.68 3.56
2012-12-31 30.46 69.05 6.99
2012-09-30 28.51 67.87 6.93
2012-06-30 30.05 67.51 10.48
  • Vista Alegre Atlantis SGPS's level of debt (188.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (294.5% vs 188.3% today).
  • Debt is well covered by operating cash flow (20.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5x coverage).
X
Financial health checks
We assess Vista Alegre Atlantis SGPS'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. Vista Alegre Atlantis SGPS 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.

Dividends

 What is Vista Alegre Atlantis SGPS'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
0%
Current annual income from Vista Alegre Atlantis SGPS dividends.
If you bought €2,000 of Vista Alegre Atlantis SGPS shares you are expected to receive €0 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?
  • Unable to evaluate Vista Alegre Atlantis SGPS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vista Alegre Atlantis SGPS's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
ENXTLS:VAF 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 0 Analyst Estimates (S&P Global) See Below
Europe Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 4.9%
Portugal Market Average Dividend Yield Market Cap Weighted Average of 20 Stocks 4.1%
Portugal Minimum Threshold Dividend Yield 10th Percentile 2.2%
Portugal Bottom 25% Dividend Yield 25th Percentile 3.4%
Portugal Top 25% Dividend Yield 75th Percentile 6.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Vista Alegre Atlantis SGPS has not reported any payouts.
  • Unable to verify if Vista Alegre Atlantis SGPS's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vista Alegre Atlantis SGPS's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vista Alegre Atlantis SGPS has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Vista Alegre Atlantis SGPS's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 2.2%) - 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 Vista Alegre Atlantis SGPS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vista Alegre Atlantis SGPS has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Vista Alegre Atlantis SGPS'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.
  • Vista Alegre Atlantis SGPS has no CEO, or we have no data on them.
Management Team

Lázaro de Souza

TITLE
Chairman of the Executive Officers Board and Vice-Chairman of the Board of Directors
COMPENSATION
€134K

Alexandra da Conceição Lopes

TITLE
Member of the Executive Officers Board and Director
COMPENSATION
€38K

Paulo Lourenço Pires

TITLE
Member of the Executive Officers Board & Director
Board of Directors Tenure

Average tenure of the Vista Alegre Atlantis SGPS board of directors in years:

9.3
Average Tenure
  • The tenure for the Vista Alegre Atlantis SGPS board of directors is about average.
Board of Directors

João Manuel De Castro

TITLE
Chairman of the Board
AGE
63

Lázaro de Souza

TITLE
Chairman of the Executive Officers Board and Vice-Chairman of the Board of Directors
COMPENSATION
€134K

Alexandra da Conceição Lopes

TITLE
Member of the Executive Officers Board and Director
COMPENSATION
€38K
TENURE
5.9 yrs

Paulo Lourenço Pires

TITLE
Member of the Executive Officers Board & Director
TENURE
5.9 yrs

João de Macedo

TITLE
Chairman of the Statutory Auditors Board
TENURE
9.9 yrs

Pedro Cabrita

TITLE
Independent Member of the Statutory Auditors Board
TENURE
9.3 yrs

Hernãni Bento

TITLE
Independent Member of the Statutory Auditors Board
TENURE
9.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Vista Alegre Atlantis SGPS'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. Vista Alegre Atlantis SGPS 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

What Vista Alegre Atlantis SGPS SA's (ELI:VAF) ROE Can Tell Us

To keep the lesson grounded in practicality, we'll use ROE to better understand Vista Alegre Atlantis SGPS SA (ELI:VAF). … Vista Alegre Atlantis SGPS has a ROE of 13%, based on the last twelve months. … View our latest analysis for Vista Alegre Atlantis SGPS?

Simply Wall St -

Are Vista Alegre Atlantis SGPS SA's (ELI:VAF) Interest Costs Too High?

While small-cap stocks, such as Vista Alegre Atlantis SGPS SA (ELI:VAF) with its market cap of €266.72m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Companies operating in the Consumer Durables industry facing headwinds from current disruption,.

Simply Wall St -

Does Vista Alegre Atlantis SGPS SA's (ELI:VAF) PE Ratio Warrant A Sell?

This article is intended for those of you who are at the beginning of your investing journey. … and want to better understand how you can grow your money by investing in Vista Alegre Atlantis SGPS SA (ELI:VAF). … Vista Alegre Atlantis SGPS SA (ELI:VAF) trades with a trailing P/E of 44x, which is higher than the industry average of 15x.

Simply Wall St -

Who Owns Vista Alegre Atlantis SGPS, SA. (ELI:VAF)?

I am going to take a deep dive into Vista Alegre Atlantis SGPS, SA.’s (ENXTLS:VAF) most recent ownership structure, not a frequent subject of discussion among individual investors. … View our latest analysis for Vista Alegre Atlantis SGPS ENXTLS:VAF Ownership_summary May 22nd 18 Institutional Ownership Due to the big order sizes of institutional investors, a company's shares can experience large, one-sided momentum, driven by high volume of shares removed from, or injected into, the market. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in VAF is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

What Investors Should Know About Vista Alegre Atlantis SGPS, SA.'s (ELI:VAF) Financial Strength

With this reduction in debt, the current cash and short-term investment levels stands at €943.00K , ready to deploy into the business. … In VAF's case, the ratio of 2.41x suggests that interest is not strongly covered, which means that lenders may be more reluctant to lend out more funding as VAF’s low interest coverage already puts the company at higher risk of default.Next Steps: VAF’s high debt level indicates room for improvement. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

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How Does Vista Alegre Atlantis SGPS, SA.'s (ELI:VAF) Earnings Growth Stack Up Against Industry Performance?

After reading Vista Alegre Atlantis SGPS, SA.'s (ENXTLS:VAF) most recent earnings announcement (31 December 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … View our latest analysis for Vista Alegre Atlantis SGPS Commentary On VAF's Past Performance For the purpose of this commentary, I like to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Since these values may be somewhat nearsighted, I’ve determined an annualized five-year figure for Vista Alegre Atlantis SGPS's earnings, which stands at -€855.07K This means that, generally, Vista Alegre Atlantis SGPS has been able to gradually grow its net income over the past couple of years as well.

Simply Wall St -

Is Vista Alegre Atlantis SGPS, SA.'s (ELI:VAF) PE Ratio A Signal To Sell For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for VAF Price per share = €0.17 Earnings per share = €0.004 ∴ Price-Earnings Ratio = €0.17 ÷ €0.004 = 46.2x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared lower growth firms with VAF, then VAF’s P/E would naturally be higher since investors would reward VAF’s higher growth with a higher price. … Alternatively, if you inadvertently compared riskier firms with VAF, VAF’s P/E would again be higher since investors would reward VAF’s lower risk with a higher price as well.

Simply Wall St -

With An ROE Of 15.47%, Has Vista Alegre Atlantis SGPS, SA.'s (ELI:VAF) Management Done Well?

View our latest analysis for Vista Alegre Atlantis SGPS Peeling the layers of ROE – trisecting a company’s profitability Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Vista Alegre Atlantis SGPS’s cost of equity is 11.28%. … Vista Alegre Atlantis SGPS exhibits a strong ROE against its peers, as well as sufficient returns to cover its cost of equity.

Simply Wall St -

Company Info

Description

Vista Alegre Atlantis, SGPS, S.A. produces and sells porcelain tableware, barware, giftware, hotelware, glass and crystal, and stainless steel cutlery products worldwide. The company also offers decorative and commemorative pieces, and trophies; and customization services for porcelain and crystal pieces. It operates under the Vista Alegre brand name. The company was founded in 1980 and is based in Ílhavo, Portugal. Vista Alegre Atlantis, SGPS, S.A. is a subsidiary of Visabeira Industria SGPS SA.

Details
Name: Vista Alegre Atlantis, SGPS, S.A.
VAF
Exchange: ENXTLS
Founded: 1980
€220,993,102
152,409,036
Website: http://vistaalegre.in
Address: Vista Alegre Atlantis, SGPS, S.A.
Lugar da Vista Alegre,
Ílhavo,
3830-292,
Portugal
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTLS VAF Common Shares Euronext Lisbon PT EUR 02. Jan 1992
LSE 0ZW8 Common Shares London Stock Exchange GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
2,256
Vista Alegre Atlantis SGPS employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:49
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/04/05
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.