Valora Holding AG operates as a retail company in Europe.
Fair value with moderate growth potential.
Share Price & News
How has Valora Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MKRM.F has not had significant price volatility in the past 3 months.
7 Day Return
US Specialty Retail
1 Year Return
US Specialty Retail
Return vs Industry: MKRM.F underperformed the US Specialty Retail industry which returned -2.9% over the past year.
Return vs Market: MKRM.F underperformed the US Market which returned 7.7% over the past year.
Price Volatility Vs. Market
How volatile is Valora Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Valora Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MKRM.F ($179.2) is trading below our estimate of fair value ($201.37)
Significantly Below Fair Value: MKRM.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MKRM.F is poor value based on its PE Ratio (20.7x) compared to the US Specialty Retail industry average (18.4x).
PE vs Market: MKRM.F is poor value based on its PE Ratio (20.7x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: MKRM.F is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: MKRM.F is good value based on its PB Ratio (1x) compared to the US Specialty Retail industry average (1.4x).
How is Valora Holding forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MKRM.F's forecast earnings growth (43.2% per year) is above the savings rate (2.2%).
Earnings vs Market: MKRM.F's earnings (43.2% per year) are forecast to grow faster than the US market (22.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MKRM.F's revenue (5.3% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: MKRM.F's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MKRM.F's Return on Equity is forecast to be low in 3 years time (6%).
How has Valora Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKRM.F has a large one-off loss of CHF5.1M impacting its June 30 2020 financial results.
Growing Profit Margin: MKRM.F's current net profit margins (1.6%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: MKRM.F's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: MKRM.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MKRM.F had negative earnings growth (-53.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (-12.9%).
Return on Equity
High ROE: MKRM.F's Return on Equity (5%) is considered low.
How is Valora Holding's financial position?
Financial Position Analysis
Short Term Liabilities: MKRM.F's short term assets (CHF426.9M) do not cover its short term liabilities (CHF508.1M).
Long Term Liabilities: MKRM.F's short term assets (CHF426.9M) do not cover its long term liabilities (CHF1.2B).
Debt to Equity History and Analysis
Debt Level: MKRM.F's debt to equity ratio (72.5%) is considered high.
Reducing Debt: MKRM.F's debt to equity ratio has reduced from 85.3% to 72.5% over the past 5 years.
Debt Coverage: MKRM.F's debt is well covered by operating cash flow (64.9%).
Interest Coverage: MKRM.F's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Valora Holding current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MKRM.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MKRM.F'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 MKRM.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MKRM.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MKRM.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MKRM.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Mueller (48 yo)
Mr. Michael Mueller has been the Chief Executive Officer of Valora Holding AG since March 1, 2014 and was its Interim Chief Financial Officer from November, 2019 until July 1, 2020. He has been its Chief E ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.76M) is about average for companies of similar size in the US market ($USD3.09M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||6.33yrs||CHF2.53m||0.30% |
|CFO & Member of Executive Board||no data||no data||no data|
|Director of Corporate Group Accounting & Tax||no data||no data||no data|
|Chief Information Officer||5.67yrs||no data||no data|
|Investor Relations||no data||no data||no data|
|Head of Corporate Legal Services & General Counsel||no data||no data||no data|
|Head of Corporate Communication & Strategic Branding||no data||no data||no data|
|Chief Executive Officer of the Food Service Division||7.75yrs||no data||0.040% |
|Head of Valora Lab/Bob Finance & MD of Bob Finance||no data||no data||no data|
|Head of Transformation & Project Management Office||no data||no data||no data|
|CEO of the Retail Division||no data||no data||0.017% |
|Head of Corporate Group Controlling||no data||no data||no data|
Experienced Management: MKRM.F's management team is seasoned and experienced (6.3 years average tenure).
|Director||0.25yr||no data||no data|
|Independent Chairman||3.33yrs||CHF579.30k||0.088% |
|Director||0.25yr||no data||no data|
|Independent Director||3.33yrs||CHF179.40k||0.0096% |
|Director||0.17yr||no data||no data|
Experienced Board: MKRM.F's board of directors are not considered experienced ( 1.3 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.
Valora Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Valora Holding AG
- Ticker: MKRM.F
- Exchange: OTCPK
- Founded: 1905
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: CHF626.864m
- Listing Market Cap: CHF682.746m
- Shares outstanding: 3.94m
- Website: https://www.valora.com
Number of Employees
- Valora Holding AG
- Hofackerstrasse 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VLON||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Aug 1992|
|VALN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Aug 1992|
|MKRM.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Aug 1992|
|0QLE||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Aug 1992|
Valora Holding AG operates as a retail company in Europe. It operates through Valora Retail and Food Service segments. The Valora Retail segment operates small retail outlets in Switzerland, Germany, Luxem ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/28 23:51|
|End of Day Share Price||2020/05/01 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.