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Econocom Group

OTCPK:ECOG.F
Snowflake Description

Good value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ECOG.F
OTCPK
€834M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Econocom Group SE provides digital transformation solutions. The last earnings update was 194 days ago. More info.


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ECOG.F Share Price and Events
7 Day Returns
-3.1%
OTCPK:ECOG.F
1.7%
US IT
1.2%
US Market
1 Year Returns
-
OTCPK:ECOG.F
15.5%
US IT
3%
US Market
ECOG.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Econocom Group (ECOG.F) -3.1% 7% 30.6% - - -
US IT 1.7% 4.9% 22.3% 15.5% 80.2% 94.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • No trading data on ECOG.F.
  • No trading data on ECOG.F.
Price Volatility
Industry
5yr Volatility vs Market

ECOG.F Value

 Is Econocom Group 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 Econocom Group 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 Econocom Group.

OTCPK:ECOG.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:ECOG.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.064 (1 + (1- 33%) (80.78%))
1.429
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.43
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.429 * 6.65%)
12.23%

Discounted Cash Flow Calculation for OTCPK:ECOG.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Econocom Group 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.

OTCPK:ECOG.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 12.23%)
2019 45.93 Analyst x2 40.92
2020 53.64 Analyst x2 42.58
2021 59.88 Est @ 11.64% 42.36
2022 65.25 Est @ 8.97% 41.13
2023 69.88 Est @ 7.1% 39.25
2024 73.93 Est @ 5.79% 36.99
2025 77.53 Est @ 4.87% 34.56
2026 80.80 Est @ 4.23% 32.10
2027 83.86 Est @ 3.78% 29.68
2028 86.76 Est @ 3.46% 27.36
Present value of next 10 years cash flows €366.93
OTCPK:ECOG.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €86.76 × (1 + 2.73%) ÷ (12.23% – 2.73%)
€938.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €938.03 ÷ (1 + 12.23%)10
€295.84
OTCPK:ECOG.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €366.93 + €295.84
€662.78
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €662.78 / 235.05
€2.82
OTCPK:ECOG.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:ECOG.F represents 1.14021x of ENXTBR:ECONB
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.14021x
Value per Share
(Listing Adjusted, USD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 2.82 x 1.14021
$3.22
Value per share (USD) From above. $3.22
Current discount Discount to share price of $4.07
= -1 x ($4.07 - $3.22) / $3.22
-26.5%

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

  • The current share price of Econocom Group 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 Econocom Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Econocom Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ECOG.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.21
ENXTBR:ECONB Share Price ** ENXTBR (2019-03-15) in EUR €3.57
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.36x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

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

** Primary Listing of Econocom Group.

OTCPK:ECOG.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTBR:ECONB Share Price ÷ EPS (both in EUR)

= 3.57 ÷ 0.21

16.61x

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

  • Econocom Group is good value based on earnings compared to the US IT industry average.
  • Econocom Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Econocom Group's expected growth come at a high price?
Raw Data
OTCPK:ECOG.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
19.4%per year
United States of America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:ECOG.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.61x ÷ 19.4%

0.86x

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

  • Econocom Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Econocom Group's assets?
Raw Data
OTCPK:ECOG.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €1.49
ENXTBR:ECONB Share Price * ENXTBR (2019-03-15) in EUR €3.57
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.43x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:ECOG.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTBR:ECONB Share Price ÷ Book Value per Share (both in EUR)

= 3.57 ÷ 1.49

2.39x

* Primary Listing of Econocom Group.

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

  • Econocom Group is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Econocom Group'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Econocom Group 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.

ECOG.F Future Performance

 How is Econocom Group expected to perform in the next 1 to 3 years based on estimates from 5 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
19.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Econocom Group expected to grow at an attractive rate?
  • Econocom Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Econocom Group's earnings growth is expected to exceed the United States of America market average.
  • Econocom Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:ECOG.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ECOG.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 19.4%
OTCPK:ECOG.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 2.3%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
OTCPK:ECOG.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ECOG.F Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 3,103 98 73 5
2019-12-31 2,986 89 62 5
2018-12-31 2,888 90 48 4
OTCPK:ECOG.F Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 3,130 -69 51
2018-03-31 3,055 -62 69
2017-12-31 2,980 -55 86
2017-09-30 2,681 24 66
2017-06-30 2,493 104 47
2017-03-31 2,515 117 40
2016-12-31 2,536 131 33
2016-09-30 2,471 110 44
2016-06-30 2,405 89 55
2016-03-31 2,361 82 57
2015-12-31 2,316 74 58
2015-09-30 2,279 63 48

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Econocom Group's earnings are expected to grow by 19.4% yearly, however this is not considered high growth (20% yearly).
  • Econocom Group's revenue is expected to grow by 2.3% 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
OTCPK:ECOG.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Econocom Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ECOG.F Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.32 0.43 0.29 4.00
2019-12-31 0.26 0.32 0.23 4.00
2018-12-31 0.16 0.18 0.14 3.00
OTCPK:ECOG.F Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 0.21
2018-03-31 0.29
2017-12-31 0.37
2017-09-30 0.29
2017-06-30 0.21
2017-03-31 0.18
2016-12-31 0.16
2016-09-30 0.21
2016-06-30 0.26
2016-03-31 0.26
2015-12-31 0.27
2015-09-30 0.22

*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.
  • Econocom Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Econocom Group'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Econocom Group has a total score of 2/6, 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.

ECOG.F Past Performance

  How has Econocom Group performed over the past 5 years?

  • Econocom Group's last earnings update was 194 days ago.
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 Econocom Group's growth in the last year to its industry (IT).
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.
  • Econocom Group's year on year earnings growth rate has been positive over the past 5 years.
  • Econocom Group's 1-year earnings growth is equal to the 5-year average.
  • Econocom Group's earnings growth has not exceeded the US IT industry average in the past year (8.1% vs 16%).
Earnings and Revenue History
Econocom Group'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 Econocom Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ECOG.F Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 3,129.70 50.80 208.30
2018-03-31 3,054.70 68.60 202.25
2017-12-31 2,979.70 86.40 196.20
2017-09-30 2,680.85 66.35 188.50
2017-06-30 2,493.40 47.00 180.80
2017-03-31 2,514.80 40.20 175.55
2016-12-31 2,536.20 33.40 170.30
2016-09-30 2,470.80 44.30 171.95
2016-06-30 2,405.40 55.20 173.60
2016-03-31 2,360.75 56.55 171.25
2015-12-31 2,316.10 57.90 168.90
2015-09-30 2,278.60 48.35 161.95
2015-06-30 2,241.10 38.80 155.00
2015-03-31 2,166.85 36.50 154.65
2014-12-31 2,092.60 34.20 154.30
2014-06-30 1,948.25 48.94 157.36
2014-03-31 1,857.49 46.83 145.35
2013-12-31 1,766.73 44.72 133.34
2013-09-30 1,683.16 44.60 120.15
2013-06-30 1,593.75 45.06 111.40
2013-03-31 1,566.04 45.82 108.02
2012-12-31 1,538.34 46.58 104.64
2012-09-30 1,547.89 39.53 100.96
2012-06-30 1,557.44 32.49 97.28
2012-03-31 1,570.86 27.00 97.34

*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.
  • Econocom Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Econocom Group used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • Econocom Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Econocom Group'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 IT 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.
Econocom Group 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.

ECOG.F Health

 How is Econocom Group'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 Econocom Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Econocom Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Econocom Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Econocom Group'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.5x 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 Econocom Group Company Filings, last reported 8 months ago.

OTCPK:ECOG.F Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 470.70 674.00 278.50
2018-03-31 470.70 674.00 278.50
2017-12-31 483.20 516.60 237.90
2017-09-30 483.20 516.60 237.90
2017-06-30 440.20 419.30 215.20
2017-03-31 440.20 419.30 215.20
2016-12-31 279.00 534.00 348.70
2016-09-30 279.00 534.00 348.70
2016-06-30 270.80 476.80 191.70
2016-03-31 270.80 476.80 191.70
2015-12-31 280.50 396.10 209.60
2015-09-30 280.50 396.10 209.60
2015-06-30 261.20 382.90 132.20
2015-03-31 261.20 382.90 132.20
2014-12-31 281.30 313.20 207.30
2014-06-30 274.67 310.60 135.03
2014-03-31 274.67 310.60 135.03
2013-12-31 259.97 189.43 150.14
2013-09-30 259.97 189.43 150.14
2013-06-30 146.01 163.72 67.20
2013-03-31 146.01 163.72 67.20
2012-12-31 155.16 110.65 79.85
2012-09-30 155.16 110.65 79.85
2012-06-30 133.99 147.03 75.53
2012-03-31 133.99 147.03 75.53
  • Econocom Group's level of debt (143.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (111.4% vs 143.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 12.7x coverage).
X
Financial health checks
We assess Econocom Group'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. Econocom Group has a total score of 3/6, 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.

ECOG.F Dividends

 What is Econocom Group'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
3.37%
Current annual income from Econocom Group dividends. Estimated to be 2.62% next year.
If you bought $2,000 of Econocom Group shares you are expected to receive $67 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?
  • Econocom Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Econocom Group's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
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
OTCPK:ECOG.F 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 5 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

OTCPK:ECOG.F Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.10 4.00
2019-12-31 0.09 4.00
2018-12-31 0.10 3.00
OTCPK:ECOG.F Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-16 0.120 3.611
2017-05-31 0.100 1.546

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

  • Whilst dividend payments have been stable, Econocom Group has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Econocom Group only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of Econocom Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.8x coverage).
X
Income/ dividend checks
We assess Econocom Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Econocom Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Econocom Group has a total score of 3/6, see the detailed checks below.


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

ECOG.F Management

 What is the CEO of Econocom Group'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
Jean-Louis Bouchard
COMPENSATION €0
TENURE AS CEO 0.2 years
CEO Bio

Mr. Jean-Louis Bouchard serves as the Chairman of Econocom Group SE and has been its Chief Executive Officer since March 2, 2004. Mr. Bouchard also serves as Chairman of Econocom International NV, the majority shareholder of Econocom Group.

CEO Compensation
  • Insufficient data for Jean-Louis to compare compensation growth.
  • Insufficient data for Jean-Louis to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Econocom Group management team in years:

0.5
Average Tenure
  • The average tenure for the Econocom Group management team is less than 2 years, this suggests a new team.
Management Team

Jean-Philippe Roesch

TITLE
Executive Director

Jean-Louis Bouchard

TITLE
Chairman & CEO
TENURE
0.2 yrs

Robert Bouchard

TITLE
Vice Chairman
COMPENSATION
€27K
TENURE
0.2 yrs

Eric Bazile

TITLE
Chief Financial Officer
AGE
48

Julie Verlingue

TITLE
International MD & Member of Executive Board
TENURE
0.8 yrs

Laura Barracco

TITLE
Deputy Managing Director of Technology Management & Financing Division
TENURE
2.3 yrs

Sébastien Musset

TITLE
Executive Director & MD of Transformation & Resources
AGE
38

Martine Bayens

TITLE
Executive Director & MD of Satellites

Stéphane Pailler

TITLE
Head of Internal Audit

David Krieff

TITLE
Group Executive Director & MD of Finance
Board of Directors Tenure

Average tenure and age of the Econocom Group board of directors in years:

7.3
Average Tenure
62
Average Age
  • The tenure for the Econocom Group board of directors is about average.
Board of Directors

Jean-Philippe Roesch

TITLE
Executive Director

Jean-Louis Bouchard

TITLE
Chairman & CEO

Robert Bouchard

TITLE
Vice Chairman
COMPENSATION
€27K

Bruno Grossi

TITLE
Executive Director of Strategy and M&A and Director
AGE
60

Gaspard Dürrleman

TITLE
Non Executive Director
TENURE
7.3 yrs

Jean Mounet

TITLE
Independent Director
AGE
73
TENURE
7.3 yrs

Rafi Kouyoumdjian

TITLE
Non-Executive Director
TENURE
7.3 yrs

Veronique di Benedetto

TITLE
VP of France & Non-Executive Director
TENURE
7.3 yrs

Walter Butler

TITLE
Independent Director
AGE
62

Philippe Capron

TITLE
Independent Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Econocom Group'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. Econocom Group 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.

ECOG.F News

Simply Wall St News

ECOG.F Company Info

Description

Econocom Group SE provides digital transformation solutions. It operates through three segments: Technology Management & Financing, Products & Solutions, and Services. The Technology Management & Financing segment offers financing solutions for the administrative and financial management of a business's ICT and digital assets. The Products & Solutions segment provides design and rollout services of architecture solutions; and sells hardware and software, PCs, tablets, servers, printers, licenses, digital devices and signage, video-conference rooms, smart buildings, etc., as well as offers systems integration services. The Services segment provides consultancy, infrastructure management, application development, and digital solution integration services. It also offers Wi-Fi and professional mobility solutions for retail and logistics sectors. The company serves healthcare, B2C, education, and industry sectors. It operates in 19 countries, including Europe, Morocco, Brazil, Mexico, Canada, and the United States. The company sells its products and services under the Econocom brand name. Econocom Group was founded in 1982 and is headquartered in Puteaux, France.

Details
Name: Econocom Group SE
ECOG.F
Exchange: OTCPK
Founded: 1982
€947,445,069
235,046,443
Website: http://www.econocom.com
Address: Econocom Group SE
40, quai de Dion Bouton,
Puteaux,
Ile-de-France, 92800,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTBR ECONB Bearer and Registered Shares Euronext Brussels BE EUR 31. May 2017
OTCPK ECOG.F Bearer and Registered Shares Pink Sheets LLC US USD 31. May 2017
LSE 0RPX Bearer and Registered Shares London Stock Exchange GB EUR 31. May 2017
BATS-CHIXE ECONBB Bearer and Registered Shares BATS 'Chi-X Europe' GB EUR 31. May 2017
Number of employees
Current staff
Staff numbers
11,068
Econocom Group employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 01:07
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2019/03/19
Last earnings filing: 2018/09/08
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.