Ibersol S.G.P.S
Market Cap
€194.4m
Last Updated
2020/06/06 23:02 UTC
Data Sources
Company Financials +
Executive Summary
Ibersol, S.G.P.S., S.A., through its subsidiaries, operates a network of restaurant units in Portugal, Spain, Italy, and Angola.
Rewards
Risk Analysis
Snowflake Analysis
Limited growth and overvalued.
Share Price & News
How has Ibersol S.G.P.S's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IBS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.0%
IBS
7.4%
PT Hospitality
4.8%
PT Market
1 Year Return
-24.4%
IBS
-9.7%
PT Hospitality
-0.3%
PT Market
Return vs Industry: IBS underperformed the Portuguese Hospitality industry which returned -9.7% over the past year.
Return vs Market: IBS underperformed the Portuguese Market which returned -0.3% over the past year.
Shareholder returns
| IBS | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 7.4% | 4.8% |
| 30 Day | 55.4% | 15.9% | 9.6% |
| 90 Day | -22.5% | -1.9% | -1.9% |
| 1 Year | -24.4%-24.4% | -7.1%-9.7% | 3.0%-0.3% |
| 3 Year | -37.6%-39.4% | -9.9%-18.2% | 9.1%-2.4% |
| 5 Year | 33.5%28.6% | 11.3%-5.9% | 2.8%12.9% |
Price Volatility Vs. Market
How volatile is Ibersol S.G.P.S's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Are Ibersol S.G.P.S's (ELI:IBS) Statutory Earnings A Good Guide To Its Underlying Profitability?3 weeks ago | Simply Wall St
Are Ibersol, S.G.P.S., S.A. (ELI:IBS) Investors Paying Above The Intrinsic Value?1 month ago | Simply Wall St
Is Ibersol S.G.P.S (ELI:IBS) A Risky Investment?Valuation
Is Ibersol S.G.P.S undervalued compared to its fair value and its price relative to the market?
18.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IBS (€6) is trading above our estimate of fair value (€0.96)
Significantly Below Fair Value: IBS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IBS is poor value based on its PE Ratio (18.3x) compared to the Hospitality industry average (17.5x).
PE vs Market: IBS is poor value based on its PE Ratio (18.3x) compared to the Portuguese market (12x).
Price to Earnings Growth Ratio
PEG Ratio: IBS is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: IBS is good value based on its PB Ratio (0.9x) compared to the XE Hospitality industry average (1.3x).
Next Steps
Future Growth
How is Ibersol S.G.P.S forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
17.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IBS's forecast earnings growth (17.5% per year) is above the savings rate (2.1%).
Earnings vs Market: IBS's earnings (17.5% per year) are forecast to grow faster than the Portuguese market (15.7% per year).
High Growth Earnings: IBS's earnings are forecast to grow, but not significantly.
Revenue vs Market: IBS's revenue (3.2% per year) is forecast to grow slower than the Portuguese market (4.7% per year).
High Growth Revenue: IBS's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IBS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Ibersol S.G.P.S performed over the past 5 years?
8.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IBS has a large one-off loss of €5.2M impacting its March 31 2020 financial results.
Growing Profit Margin: IBS's current net profit margins (2.2%) are lower than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: IBS's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: IBS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IBS had negative earnings growth (-45.9%) over the past year, making it difficult to compare to the Hospitality industry average (-10.7%).
Return on Equity
High ROE: IBS's Return on Equity (5.2%) is considered low.
Next Steps
Financial Health
How is Ibersol S.G.P.S's financial position?
Financial Position Analysis
Short Term Liabilities: IBS's short term assets (€96.3M) do not cover its short term liabilities (€155.9M).
Long Term Liabilities: IBS's short term assets (€96.3M) do not cover its long term liabilities (€405.0M).
Debt to Equity History and Analysis
Debt Level: IBS's debt to equity ratio (71.6%) is considered high.
Reducing Debt: IBS's debt to equity ratio has increased from 31.7% to 71.6% over the past 5 years.
Debt Coverage: IBS's debt is well covered by operating cash flow (74%).
Interest Coverage: IBS's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Ibersol S.G.P.S's current dividend yield, its reliability and sustainability?
1.11%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IBS'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 IBS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IBS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IBS is not paying a notable dividend for the Portuguese market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IBS's dividend in 3 years as they are not forecast to pay a notable one for the Portuguese market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.0yrs
Average management tenure
CEO
António Carlos Vaz de Sousa
no data
Tenure
Dr. António Carlos Vaz Pinto de Sousa serves as Chairman and Chief Executive Officer at Ibersol SGPS, SA. Dr. de Sousa served as - Chairman of the Board of Directors of Ibersol, SGPS, SA. He holds a Bachel ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | no data | 0.0078% €15.1k | |
| Executive Vice Chairman of the Board | no data | no data | 0.0078% €15.1k | |
| Head of Financing & Management Control | no data | no data | no data | |
| Administrative Manager | 18.25yrs | no data | no data | |
| Legal Director | no data | no data | no data | |
| Director of Marketing | 5.33yrs | no data | no data | |
| Human Resources Manager | 8yrs | no data | no data | |
| Head of Purchasing & Logistics | no data | no data | no data | |
| Head of Burger King - Portugal | no data | no data | no data | |
| Head of Catering | no data | no data | no data |
8.0yrs
Average Tenure
Experienced Management: IBS's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | no data | 0.0078% €15.1k | |
| Executive Vice Chairman of the Board | no data | no data | 0.0078% €15.1k | |
| Independent Non-Executive Director | 21.42yrs | no data | no data | |
| Member of Fiscal Board | no data | €8.80k | no data | |
| President of Fiscal Board | 3.08yrs | €9.90k | no data | |
| Vice President of Fiscal Board | 3.08yrs | €8.80k | no data |
3.1yrs
Average Tenure
Experienced Board: IBS's board of directors are considered experienced (3.1 years average tenure).
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
Ibersol, S.G.P.S., S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ibersol, S.G.P.S., S.A.
- Ticker: IBS
- Exchange: ENXTLS
- Founded: 1989
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: €194.400m
- Shares outstanding: 32.40m
- Website: https://www.ibersol.pt
Number of Employees
Location
- Ibersol, S.G.P.S., S.A.
- Edifício Península
- Praça do Bom Sucesso
- Porto
- Norte
- 4150-146
- Portugal
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IBS | ENXTLS (Euronext Lisbon) | Yes | Ordinary Shares | PT | EUR | Nov 1997 |
| 0KJ7 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Nov 1997 |
| IBSU | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Nov 1997 |
Biography
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, Taco Bell, Sol, Sugestões e Opções, Silva Carvalho Catering e Palace Catering, travel, coffe counters, and other concessions contract. As of December 31, 2019, it operated 659 restaurants, which include 547 owned units and 112 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 23:02 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.