Loading...

Ibersol S.G.P.S

ENXTLS:IBS
Snowflake Description

Good value with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IBS
ENXTLS
€262M
Market Cap
  1. Home
  2. PT
  3. Consumer Services
Company description

Ibersol, S.G.P.S., S.A., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, Italy, and Angola. The last earnings update was 44 days ago. More info.


Add to Portfolio Compare Print
IBS Share Price and Events
7 Day Returns
-0.2%
ENXTLS:IBS
1.4%
Europe Hospitality
1.8%
PT Market
1 Year Returns
-21.7%
ENXTLS:IBS
-5.8%
Europe Hospitality
-6.1%
PT Market
IBS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ibersol S.G.P.S (IBS) -0.2% 0.2% 1.3% -21.7% 35% 67.6%
Europe Hospitality 1.4% 1.1% 2.2% -5.8% 8.8% 29.2%
PT Market 1.8% 1.8% -1.1% -6.1% -13.6% -63.2%
1 Year Return vs Industry and Market
  • IBS underperformed the Hospitality industry which returned -5.8% over the past year.
  • IBS underperformed the Market in Portugal which returned -6.1% over the past year.
Price Volatility
IBS
Industry
5yr Volatility vs Market

IBS Value

 Is Ibersol S.G.P.S 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 Ibersol S.G.P.S 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 Ibersol S.G.P.S.

ENXTLS:IBS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 18.3%
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:IBS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year PT Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 9%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.928 (1 + (1- 21%) (177.85%))
1.826
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.82% + (1.826 * 9.02%)
18.29%

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

The calculations below outline how an intrinsic value for Ibersol S.G.P.S 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:IBS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 18.29%)
2020 18.85 Analyst x2 15.93
2021 15.39 Est @ -18.36% 11.00
2022 13.49 Est @ -12.31% 8.15
2023 12.41 Est @ -8.07% 6.34
2024 11.77 Est @ -5.1% 5.08
2025 11.42 Est @ -3.02% 4.17
2026 11.24 Est @ -1.57% 3.47
2027 11.18 Est @ -0.55% 2.91
2028 11.19 Est @ 0.16% 2.47
2029 11.27 Est @ 0.66% 2.10
Present value of next 10 years cash flows €61.62
ENXTLS:IBS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €11.27 × (1 + 1.82%) ÷ (18.29% – 1.82%)
€69.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €69.66 ÷ (1 + 18.29%)10
€12.98
ENXTLS:IBS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €61.62 + €12.98
€74.60
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €74.60 / 32.40
€2.3
ENXTLS:IBS Discount to Share Price
Calculation Result
Value per share (EUR) From above. €2.30
Current discount Discount to share price of €8.10
= -1 x (€8.10 - €2.30) / €2.30
-251.8%

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

  • The current share price of Ibersol S.G.P.S is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Ibersol S.G.P.S's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ibersol S.G.P.S's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTLS:IBS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.60
ENXTLS:IBS Share Price ** ENXTLS (2019-07-17) in EUR €8.1
Europe Hospitality Industry PE Ratio Median Figure of 105 Publicly-Listed Hospitality Companies 19.88x
Portugal Market PE Ratio Median Figure of 33 Publicly-Listed Companies 14.37x

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

** Primary Listing of Ibersol S.G.P.S.

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

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

= 8.1 ÷ 0.60

13.45x

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

  • Ibersol S.G.P.S is good value based on earnings compared to the Europe Hospitality industry average.
  • Ibersol S.G.P.S is good value based on earnings compared to the Portugal market.
Price based on expected Growth
Does Ibersol S.G.P.S's expected growth come at a high price?
Raw Data
ENXTLS:IBS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
27.2%per year
Europe Hospitality Industry PEG Ratio Median Figure of 72 Publicly-Listed Hospitality Companies 1.47x
Portugal Market PEG Ratio Median Figure of 20 Publicly-Listed Companies 0.65x

*Line of best fit is calculated by linear regression .

ENXTLS:IBS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.45x ÷ 27.2%

0.49x

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

  • Ibersol S.G.P.S is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Ibersol S.G.P.S's assets?
Raw Data
ENXTLS:IBS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €6.20
ENXTLS:IBS Share Price * ENXTLS (2019-07-17) in EUR €8.1
Europe Hospitality Industry PB Ratio Median Figure of 153 Publicly-Listed Hospitality Companies 1.54x
Portugal Market PB Ratio Median Figure of 42 Publicly-Listed Companies 1.06x
ENXTLS:IBS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 8.1 ÷ 6.20

1.31x

* Primary Listing of Ibersol S.G.P.S.

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

  • Ibersol S.G.P.S is good value based on assets compared to the Europe Hospitality industry average.
X
Value checks
We assess Ibersol S.G.P.S'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Ibersol S.G.P.S has a total score of 4/6, 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.

IBS Future Performance

 How is Ibersol S.G.P.S expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
27.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ibersol S.G.P.S expected to grow at an attractive rate?
  • Ibersol S.G.P.S's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Ibersol S.G.P.S's earnings growth is expected to exceed the Portugal market average.
  • Ibersol S.G.P.S's revenue growth is expected to exceed the Portugal market average.
Annual Growth Rates Comparison
Raw Data
ENXTLS:IBS Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTLS:IBS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 27.2%
ENXTLS:IBS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 5.8%
Europe Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 14.9%
Europe Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
Portugal Market Earnings Growth Rate Market Cap Weighted Average 8.4%
Portugal Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:IBS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTLS:IBS Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 505 56 33 2
2019-12-31 465 49 31 1
ENXTLS:IBS Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 460 47 20
2018-12-31 458 44 25
2018-09-30 459 45 33
2018-06-30 463 56 32
2018-03-31 462 73 32
2017-12-31 456 67 31
2017-09-30 437 70 27
2017-06-30 377 54 24
2017-03-31 317 41 19
2016-12-31 275 41 23
2016-09-30 236 35 19
2016-06-30 224 30 15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ibersol S.G.P.S's earnings are expected to grow significantly at over 20% yearly.
  • Ibersol S.G.P.S's revenue is expected to grow by 5.8% 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
ENXTLS:IBS 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 3 Analyst Estimates (S&P Global) See Below

All data from Ibersol S.G.P.S Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTLS:IBS Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.74 0.91 0.45 3.00
2019-12-31 0.72 0.84 0.54 3.00
ENXTLS:IBS Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.60
2018-12-31 0.77
2018-09-30 0.99
2018-06-30 0.96
2018-03-31 1.00
2017-12-31 0.95
2017-09-30 0.82
2017-06-30 0.74
2017-03-31 0.60
2016-12-31 0.72
2016-09-30 0.60
2016-06-30 0.47

*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 Ibersol S.G.P.S will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ibersol S.G.P.S'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.
Ibersol S.G.P.S has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

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

IBS Past Performance

  How has Ibersol S.G.P.S 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 Ibersol S.G.P.S's growth in the last year to its industry (Hospitality).
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.
  • Ibersol S.G.P.S has delivered over 20% year on year earnings growth in the past 5 years.
  • Ibersol S.G.P.S's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ibersol S.G.P.S's 1-year earnings growth is negative, it can't be compared to the Europe Hospitality industry average.
Earnings and Revenue History
Ibersol S.G.P.S'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 Ibersol S.G.P.S Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTLS:IBS Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 459.78 19.51
2018-12-31 457.55 24.96
2018-09-30 459.41 33.06
2018-06-30 462.87 32.09
2018-03-31 462.38 32.33
2017-12-31 456.33 30.85
2017-09-30 436.96 26.64
2017-06-30 376.53 23.88
2017-03-31 317.21 19.33
2016-12-31 274.76 23.25
2016-09-30 235.96 19.36
2016-06-30 224.46 15.27
2016-03-31 221.77 14.12
2015-12-31 215.67 10.58
2015-09-30 208.02 10.09
2015-06-30 201.99 9.86
2015-03-31 195.95 9.47
2014-12-31 189.25 7.76
2014-09-30 184.67 7.59
2014-06-30 178.77 4.94
2014-03-31 175.33 4.10
2013-12-31 174.08 3.58
2013-09-30 172.62 2.80
2013-06-30 172.04 2.43
2013-03-31 172.24 2.38
2012-12-31 173.84 2.51
2012-09-30 178.27 1.91

*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.
  • Ibersol S.G.P.S has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ibersol S.G.P.S used its assets less efficiently than the Europe Hospitality industry average last year based on Return on Assets.
  • Ibersol S.G.P.S's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ibersol S.G.P.S'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 Hospitality 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.
Ibersol S.G.P.S has a total score of 1/6, 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.

IBS Health

 How is Ibersol S.G.P.S'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 Ibersol S.G.P.S's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ibersol S.G.P.S's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ibersol S.G.P.S's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ibersol S.G.P.S'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 0.6x 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 Ibersol S.G.P.S Company Filings, last reported 3 months ago.

ENXTLS:IBS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 201.13 134.45 37.33
2018-12-31 203.17 130.14 41.79
2018-09-30 203.66 132.89 46.28
2018-06-30 191.88 136.93 41.17
2018-03-31 188.62 136.29 47.21
2017-12-31 188.62 137.48 40.07
2017-09-30 171.77 157.46 69.22
2017-06-30 159.59 163.09 50.58
2017-03-31 154.07 163.00 37.94
2016-12-31 151.92 161.37 46.63
2016-09-30 146.31 53.29 16.96
2016-06-30 137.11 48.54 15.10
2016-03-31 136.15 47.88 16.70
2015-12-31 135.05 42.98 14.47
2015-09-30 133.61 36.16 19.67
2015-06-30 128.92 37.62 15.48
2015-03-31 128.75 40.91 11.64
2014-12-31 126.31 38.83 13.57
2014-09-30 125.44 38.09 15.27
2014-06-30 120.48 42.98 15.28
2014-03-31 120.05 38.49 10.88
2013-12-31 119.44 46.58 22.14
2013-09-30 118.56 49.44 29.65
2013-06-30 116.30 52.12 26.97
2013-03-31 116.73 55.35 27.17
2012-12-31 116.60 54.56 26.75
2012-09-30 116.58 55.01 29.04
  • Ibersol S.G.P.S's level of debt (66.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (32.1% vs 66.8% today).
  • Debt is well covered by operating cash flow (34.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.8x coverage).
X
Financial health checks
We assess Ibersol S.G.P.S'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. Ibersol S.G.P.S has a total score of 2/6, 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.

IBS Dividends

 What is Ibersol S.G.P.S'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
1.23%
Current annual income from Ibersol S.G.P.S dividends. Estimated to be 1.6% next year.
If you bought €2,000 of Ibersol S.G.P.S shares you are expected to receive €25 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?
  • Ibersol S.G.P.S's pays a lower dividend yield than the bottom 25% of dividend payers in Portugal (2.99%).
  • Ibersol S.G.P.S's dividend is below the markets top 25% of dividend payers in Portugal (7.14%).
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:IBS 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 3 Analyst Estimates (S&P Global) See Below
Europe Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 83 Stocks 3.3%
Portugal Market Average Dividend Yield Market Cap Weighted Average of 22 Stocks 4.1%
Portugal Minimum Threshold Dividend Yield 10th Percentile 1.3%
Portugal Bottom 25% Dividend Yield 25th Percentile 3%
Portugal Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

ENXTLS:IBS Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.14 3.00
2019-12-31 0.12 3.00
ENXTLS:IBS Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-17 0.100 1.245
2019-04-16 0.100 1.258
2018-04-19 0.083 0.943
2018-04-11 0.083 0.876
2017-05-04 0.067 0.679
2016-04-07 0.056 0.773
2015-04-10 0.031 0.636
2015-04-08 0.031 0.627
2014-05-15 0.031 0.695
2013-04-12 0.031 0.876
2013-04-02 0.031 1.000
2012-03-23 0.031 1.339
2011-03-21 0.031 0.962
2011-03-15 0.031 0.712
2010-03-12 0.031 0.720
2009-05-20 0.031 0.619
2009-05-05 0.024 0.581
2009-04-02 0.031 0.824
2008-08-29 0.031 0.927

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

  • Ibersol S.G.P.S is not paying a notable dividend for Portugal, therefore no need to check if the payments are stable.
  • Ibersol S.G.P.S is not paying a notable dividend for Portugal, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Ibersol S.G.P.S's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Ibersol S.G.P.S's dividends as it is not paying a notable one for Portugal.
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 Ibersol S.G.P.S's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Ibersol S.G.P.S afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ibersol S.G.P.S 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.

IBS Management

 What is the CEO of Ibersol S.G.P.S'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
António Carlos Vaz de Sousa
CEO Bio

Dr. António Carlos Vaz Pinto de Sousa serves as Chairman and Chief Executive Officer at Ibersol SGPS, SA. Dr. de Sousa served as Deputy Chairman and Managing Partner of Ibersol SGPS, SA. He has been a Director of Ibersol SGPS, SA since 1991. He serves as a Director of other companies invested by Ibersol, SGPS, SA. He holds a Bachelor in Law of School of Law of the Coimbra University, CEOG – Management Course from Catholic University of Oporto.

CEO Compensation
  • Insufficient data for António Carlos Vaz to compare compensation growth.
  • Insufficient data for António Carlos Vaz to establish whether their remuneration is reasonable compared to companies of similar size in Portugal.
Management Team Tenure

Average tenure of the Ibersol S.G.P.S management team in years:

7.1
Average Tenure
  • The average tenure for the Ibersol S.G.P.S management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

António Carlos Vaz de Sousa

TITLE
Chairman & CEO

António Alberto Guerra Teixeira

TITLE
Executive Vice Chairman of the Board

Deolinda Couto

TITLE
Head of Financing & Management Control

Manuel Oliveira

TITLE
Administrative Manager
TENURE
17.3 yrs

Teresa Santos

TITLE
Legal Director

João Falcão

TITLE
Director of Marketing
TENURE
4.4 yrs

Ana Barbosa

TITLE
Human Resources Manager
TENURE
7.1 yrs

Orquídea Tomé

TITLE
Head of Purchasing & Logistics

Jaime Roque

TITLE
Head of Burger King - Portugal

Artur Junqueira

TITLE
Head of Catering
Board of Directors Tenure

Average tenure of the Ibersol S.G.P.S board of directors in years:

2.2
Average Tenure
  • The average tenure for the Ibersol S.G.P.S board of directors is less than 3 years, this suggests a new board.
Board of Directors

António Carlos Vaz de Sousa

TITLE
Chairman & CEO

António Alberto Guerra Teixeira

TITLE
Executive Vice Chairman of the Board

Carlos Alves Lourenço

TITLE
President of Fiscal Board
TENURE
2.2 yrs

Maria José Lourenço da Fonseca

TITLE
Vice President of Fiscal Board
TENURE
2.2 yrs

Juan Carlos de Bonifaz

TITLE
Non-Executive Director
TENURE
20.5 yrs

Eduardo Moutinho Santos

TITLE
Member of Fiscal Board
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Ibersol S.G.P.S'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. Ibersol S.G.P.S 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.

IBS News

Simply Wall St News

Shareholders Should Look Hard At Ibersol, S.G.P.S., S.A.’s (ELI:IBS) 5.2% Return On Capital

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Ibersol S.G.P.S: 0.052 = €30m ÷ (€758m - €175m) (Based on the trailing twelve months to March 2019.) Therefore, Ibersol S.G.P.S has an ROCE of 5.2%. … View our latest analysis for Ibersol S.G.P.S Is Ibersol S.G.P.S's ROCE Good? … How Ibersol S.G.P.S's Current Liabilities Impact Its ROCE Current liabilities are short term bills and invoices that need to be paid in 12 months or less.

Simply Wall St -

Why Dividend Hunters Love Ibersol, S.G.P.S., S.A. (ELI:IBS)

With a 1.3% yield and a nine-year payment history, investors probably think Ibersol S.G.P.S looks like a reliable dividend stock. … This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. … First, we like that the company's dividend payments appear well covered, although the retained capital also needs to be effectively reinvested.

Simply Wall St -

Did You Miss Ibersol S.G.P.S's (ELI:IBS) 64% Share Price Gain?

(ELI:IBS) share price is up 64% in the last 5 years, clearly besting than the market return of around 3.5% (ignoring dividends). … During five years of share price growth, Ibersol S.G.P.S achieved compound earnings per share (EPS) growth of 47% per year. … We note that for Ibersol S.G.P.S the TSR over the last 5 years was 69%, which is better than the share price return mentioned above.

Simply Wall St -

Is Ibersol, S.G.P.S., S.A.'s (ELI:IBS) P/E Ratio Really That Good?

See our latest analysis for Ibersol S.G.P.S How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Ibersol S.G.P.S: P/E of 10.49 = €8.08 ÷ €0.77 (Based on the trailing twelve months to December 2018.) Is A High P/E Ratio Good? … Ibersol S.G.P.S saw earnings per share decrease by 19% last year.

Simply Wall St -

Does Ibersol, S.G.P.S., S.A. (ELI:IBS) Have A Volatile Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Why Ibersol, S.G.P.S., S.A. (ELI:IBS) Looks Like A Quality Company

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every €1 worth of shareholders' equity, it generated €0.16 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Now An Opportune Moment To Examine Ibersol, S.G.P.S., S.A. (ELI:IBS)?

saw significant share price movement during recent months on the ENXTLS, rising to highs of €8.76 and falling to the lows of €7.72. … Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price? … A question to answer is whether Ibersol S.G.P.S's current trading price of €7.9 reflective of the actual value of the?

Simply Wall St -

What You Should Know About Ibersol, S.G.P.S., S.A.'s (ELI:IBS) Financial Strength

(ELI:IBS) with its market cap of €257m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Consider This Before Buying Ibersol, S.G.P.S., S.A. (ELI:IBS) For The 1.0% Dividend

Historically, Ibersol, S.G.P.S., S.A. … Let's take a look at Ibersol S.G.P.S in more detail. … See our latest analysis for Ibersol S.G.P.S

Simply Wall St -

Ibersol S.G.P.S Shareholders Have Enjoyed An Impressive 112% Share Price Gain

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Ibersol S.G.P.S achieved compound earnings per share (EPS) growth of 67% per year. … This EPS growth is higher than the 16% average annual increase in the share price.

Simply Wall St -

IBS Company Info

Description

Ibersol, S.G.P.S., S.A., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, Italy, and Angola. The company operates restaurant units under various brands, including Pizza Hut, Pasta Caffé, Pans & Company, Ribs, FresCo, SantaMaria, Kentucky Fried Chicken, Burger King, O’ Kilo, Roulotte, Quiosques, Pizza Móvil, Miit, Sol, Sugestões e Opções, Silva Carvalho Catering e Palace Catering, travel, coffe counters, and other concessions contract. As of December 31, 2018, it operated 641 restaurants, which include 516 owned units and 125 franchised units. The company was founded in 1989 and is headquartered in Porto, Portugal. Ibersol, S.G.P.S., S.A. is a subsidiary of ATPS - SGPS, S.A.

Details
Name: Ibersol, S.G.P.S., S.A.
IBS
Exchange: ENXTLS
Founded: 1989
€262,440,599
32,400,074
Website: http://www.ibersol.pt
Address: Ibersol, S.G.P.S., S.A.
Edifício Península,
Praça do Bom Sucesso, n.º 105 a 159 – 9.º andar,
Porto,
Norte, 4150-146,
Portugal
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTLS IBS Ordinary Shares Euronext Lisbon PT EUR 27. Nov 1997
LSE 0KJ7 Ordinary Shares London Stock Exchange GB EUR 27. Nov 1997
BATS-CHIXE IBSU Ordinary Shares BATS 'Chi-X Europe' GB EUR 27. Nov 1997
Number of employees
Current staff
Staff numbers
10,286
Ibersol S.G.P.S employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 20:41
End of day share price update: 2019/07/17 00:00
Last estimates confirmation: 2019/06/04
Last earnings filing: 2019/06/03
Last earnings reported: 2019/03/31
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.