Accell Group N.V., together with its subsidiaries, designs, develops, produces, markets, and sells bicycles, and bicycle parts and accessories.
Proven track record with moderate growth potential.
Share Price & News
How has Accell Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACGP.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ACGP.F exceeded the US Leisure industry which returned 11.6% over the past year.
Return vs Market: ACGP.F exceeded the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Accell Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Accell Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ACGP.F ($28.35) is trading above our estimate of fair value ($26.18)
Significantly Below Fair Value: ACGP.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ACGP.F is poor value based on its PE Ratio (30.8x) compared to the Leisure industry average (20.2x).
PE vs Market: ACGP.F is poor value based on its PE Ratio (30.8x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: ACGP.F is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: ACGP.F is good value based on its PB Ratio (2.2x) compared to the US Leisure industry average (3x).
How is Accell Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACGP.F's forecast earnings growth (61.2% per year) is above the savings rate (1.7%).
Earnings vs Market: ACGP.F's earnings (61.2% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ACGP.F's revenue (5.1% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: ACGP.F's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACGP.F's Return on Equity is forecast to be low in 3 years time (12.3%).
How has Accell Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACGP.F has high quality earnings.
Growing Profit Margin: ACGP.F's current net profit margins (2.1%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: ACGP.F's earnings have declined by -11.3% per year over the past 5 years.
Accelerating Growth: ACGP.F's earnings growth over the past year (151.7%) exceeds its 5-year average (-11.3% per year).
Earnings vs Industry: ACGP.F earnings growth over the past year (151.7%) exceeded the Leisure industry -3.4%.
Return on Equity
High ROE: ACGP.F's Return on Equity (7.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Accell Group's financial position?
Financial Position Analysis
Short Term Liabilities: ACGP.F's short term assets (€623.8M) exceed its short term liabilities (€426.9M).
Long Term Liabilities: ACGP.F's short term assets (€623.8M) exceed its long term liabilities (€126.3M).
Debt to Equity History and Analysis
Debt Level: ACGP.F's debt to equity ratio (69.9%) is considered high.
Reducing Debt: ACGP.F's debt to equity ratio has increased from 56.4% to 69.9% over the past 5 years.
Debt Coverage: ACGP.F's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: ACGP.F's interest payments on its debt are well covered by EBIT (6.1x coverage).
Inventory Level: ACGP.F has a high level of physical assets or inventory.
Debt Coverage by Assets: ACGP.F's debt is covered by short term assets (assets are 2.6x debt).
What is Accell Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ACGP.F's dividend (1.77%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ACGP.F's dividend (1.77%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: ACGP.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACGP.F's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.4%), ACGP.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACGP.F's dividends in 3 years are forecast to be well covered by earnings (38.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ton Anbeek (57yo)
Mr. A. H. Anbeek, also known as Ton, has been the Chairman and Chief Executive Officer of Accell Group N.V. since November 1, 2017. Mr. Anbeek served as Chief Executive Officer of Beter Bed Holding NV sinc ...
CEO Compensation Analysis
Compensation vs Market: Ton's total compensation ($USD885.62K) is below average for companies of similar size in the US market ($USD2.47M).
Compensation vs Earnings: Ton's compensation has increased by more than 20% in the past year.
|Chairman & CEO||2.3yrs||€816.81k||0.019% €153.4k|
|CFO & Director||1.3yrs||€422.08k||no data|
|Chief Supply Chain Officer & Director||5yrs||€491.98k||0.028% €227.1k|
|Chief Commercial Officer||1.9yrs||no data||no data|
Experienced Management: ACGP.F's management team is considered experienced (2.1 years average tenure).
|Member of Supervisory Board||8.8yrs||no data||no data|
|Member of Supervisory Board||1.8yrs||no data||no data|
|Vice-Chairman of Supervisory Board||0yrs||no data||no data|
|Chairman of Supervisory Board||0.8yrs||no data||no data|
Experienced Board: ACGP.F's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Accell Group N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Accell Group N.V.
- Ticker: ACGP.F
- Exchange: OTCPK
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: €758.518m
- Listing Market Cap: €822.420m
- Shares outstanding: 26.80m
- Website: https://www.accell-group.com
Number of Employees
- Accell Group N.V.
- Industrieweg 4
- 8444 AR
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACCEL||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Dec 2004|
|AO1B||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2004|
|0P4C||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Dec 2004|
|ACGP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2004|
|ACCELA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Dec 2004|
Accell Group N.V., together with its subsidiaries, designs, develops, produces, markets, and sells bicycles, and bicycle parts and accessories. The company primarily offers electric, city, recreational, transport, children’s, mama, mountain, racing, and folding bikes, as well as speed pedelec; and accessories, such as childers's seats, bike locks, luggage racks, navigation systems, and cycling computers. It sells its products under the Haibike, Winora, Batavus, Babboe, Sparta, Koga, Lapierre, Ghost, Raleigh and Diamondback, Tunturi, Atala, Redline, Loekie, and XLC brands in the Netherlands, Germany, and other European countries, as well as North America and internationally. The company serves dealers and consumers. Accell Group N.V. is headquartered in Heerenveen, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:27|
|End of Day Share Price||2019/12/20 00:00|
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.