OM:DDM

Stock Analysis Report

Executive Summary

DDM Holding AG acquires and manages distressed asset portfolios with a focus on non-performing loans in Southern, Central, and Eastern Europe.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has DDM Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DDM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.4%

DDM

-3.3%

SE Consumer Finance

4.0%

SE Market


1 Year Return

-27.3%

DDM

-50.1%

SE Consumer Finance

-6.4%

SE Market

Return vs Industry: DDM exceeded the Swedish Consumer Finance industry which returned -50.9% over the past year.

Return vs Market: DDM underperformed the Swedish Market which returned -9.8% over the past year.


Shareholder returns

DDMIndustryMarket
7 Day-3.4%-3.3%4.0%
30 Day-14.5%-33.2%-8.3%
90 Day-24.2%-42.7%-17.8%
1 Year-27.3%-27.3%-48.1%-50.1%-4.4%-6.4%
3 Year-24.8%-24.8%-57.3%-65.8%6.8%-8.3%
5 Year18.2%0.7%-53.1%-65.8%13.7%-9.9%

Price Volatility Vs. Market

How volatile is DDM Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DDM Holding undervalued compared to its fair value and its price relative to the market?

1.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DDM (SEK28.8) is trading above our estimate of fair value (SEK24.61)

Significantly Below Fair Value: DDM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DDM is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

PE vs Market: DDM is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DDM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DDM is overvalued based on its PB Ratio (1.1x) compared to the XE Consumer Finance industry average (0.7x).


Next Steps

Future Growth

How is DDM Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.5%

Forecasted Diversified Financials 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 DDM Holding 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 DDM Holding performed over the past 5 years?

25.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DDM is currently unprofitable.

Growing Profit Margin: DDM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DDM is unprofitable, but has reduced losses over the past 5 years at a rate of 25.6% per year.

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

Earnings vs Industry: DDM is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (17.9%).


Return on Equity

High ROE: DDM has a negative Return on Equity (-13%), as it is currently unprofitable.


Next Steps

Financial Health

How is DDM Holding's financial position?


Financial Position Analysis

Short Term Liabilities: DDM's short term assets (€20.2M) do not cover its short term liabilities (€56.4M).

Long Term Liabilities: DDM's short term assets (€20.2M) do not cover its long term liabilities (€116.4M).


Debt to Equity History and Analysis

Debt Level: DDM's debt to equity ratio (518.8%) is considered high.

Reducing Debt: DDM's debt to equity ratio has reduced from 549.2% to 518.8% over the past 5 years.


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: Whilst unprofitable DDM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DDM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.8% per year.


Next Steps

Dividend

What is DDM Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if DDM'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 DDM's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Henrik Wennerholm (44yo)

1.75s

Tenure

Mr. Henrik Wennerholm serves as the Chief Executive Officer of DDM Holding AG since July 12, 2018. Mr. Wennerholm serves as Chief Executive Officer of DDM Debt AB (publ) since July 2018. He served as Head  ...


Leadership Team

NamePositionTenureCompensationOwnership
Kent Hansson
no data€466.00kno data
Gustav Hultgren
Executive Officer of Greece & Future Opportunities2.58yrs€504.67kno data
Andreas Tuczka
2.17yrs€407.06kno data
Henrik Wennerholm
Chief Executive Officer1.75yrsno data0.83% 3.2m
Fredrik Olsson
Chief Financial Officer6.25yrsno data0.77% 3.0m
Bernhard Engel
Chief Operating Officer1.25yrsno datano data
Alessandro Pappalardo
Chief Investment Officer2.17yrsno datano data
Mats Hedberg
Investor Relations Managerno datano datano data
Konstantins Batrakovs
Head of Transactions & Vice President8.25yrsno datano data

2.2yrs

Average Tenure

44yo

Average Age

Experienced Management: DDM's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erik Fällström
Director2.92yrs€29.00kno data
Jörgen Durban
Independent Chairman of the Board0.67yrno datano data
Florian Nowotny
Independent Director0.67yrno datano data
Joachim Cato
Director0.83yrno datano data

0.8yrs

Average Tenure

54yo

Average Age

Experienced Board: DDM's board of directors are not considered experienced ( 0.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

DDM Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DDM Holding AG
  • Ticker: DDM
  • Exchange: OM
  • Founded: 2007
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: kr390.541m
  • Shares outstanding: 13.56m
  • Website: https://www.ddm-group.ch

Number of Employees


Location

  • DDM Holding AG
  • Schochenmühlestrasse 4
  • Baar
  • Zug
  • 6340
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DDMOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKAug 2014

Biography

DDM Holding AG acquires and manages distressed asset portfolios with a focus on non-performing loans in Southern, Central, and Eastern Europe. It is involved in the acquisition of loan portfolios from financial institutions; and collection of the debt outstanding. The company was founded in 2007 and is headquartered in Baar, Switzerland. As of May 3, 2019, DDM Holding AG operates as a subsidiary of Demeter Finance S.a r.l.  


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 23:37
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
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.