GLOBAL BLUE GROUP HOLDING AG (GB)
CH0562152865 - Common Stock
Overall GB gets a fundamental rating of 4 out of 10. We evaluated GB against 102 industry peers in the Financial Services industry. While GB is still in line with the averages on profitability rating, there are concerns on its financial health. GB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GB was profitable.
GB had a positive operating cash flow in the past year.
GB had negative earnings in 4 of the past 5 years.
In multiple years GB reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a decent Return On Assets value of 1.98%, GB is doing good in the industry, outperforming 60.78% of the companies in the same industry.
GB's Return On Equity of 33.27% is amongst the best of the industry. GB outperforms 93.14% of its industry peers.
GB has a Return On Invested Capital of 12.59%. This is amongst the best in the industry. GB outperforms 92.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 33.27% | ||
| ROIC | 12.59% |
ROA(3y)-19.55%
ROA(5y)-11.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.28%, GB is in line with its industry, outperforming 43.14% of the companies in the same industry.
Looking at the Operating Margin, with a value of 27.20%, GB is in the better half of the industry, outperforming 78.43% of the companies in the same industry.
GB's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.2% | ||
| PM (TTM) | 5.28% | ||
| GM | N/A |
OM growth 3Y-6.82%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
GB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for GB has been increased compared to 1 year ago.
The debt/assets ratio for GB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.11, we must say that GB is in the distress zone and has some risk of bankruptcy.
GB has a worse Altman-Z score (-1.11) than 74.51% of its industry peers.
The Debt to FCF ratio of GB is 5.06, which is a neutral value as it means it would take GB, 5.06 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GB (5.06) is better than 63.73% of its industry peers.
A Debt/Equity ratio of 9.17 is on the high side and indicates that GB has dependencies on debt financing.
The Debt to Equity ratio of GB (9.17) is worse than 89.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.17 | ||
| Debt/FCF | 5.06 | ||
| Altman-Z | -1.11 |
ROIC/WACC2.58
WACC4.87%
2.3 Liquidity
GB has a Current Ratio of 1.00. This is a bad value and indicates that GB is not financially healthy enough and could expect problems in meeting its short term obligations.
GB's Current ratio of 1.00 is in line compared to the rest of the industry. GB outperforms 41.18% of its industry peers.
GB has a Quick Ratio of 1.00. This is a bad value and indicates that GB is not financially healthy enough and could expect problems in meeting its short term obligations.
GB's Quick ratio of 1.00 is in line compared to the rest of the industry. GB outperforms 45.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
GB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 137.94%, which is quite impressive.
The Revenue has grown by 53.05% in the past year. This is a very strong growth!
Measured over the past years, GB shows a decrease in Revenue. The Revenue has been decreasing by -9.51% on average per year.
EPS 1Y (TTM)137.94%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q76.03%
Revenue 1Y (TTM)53.05%
Revenue growth 3Y-9.51%
Revenue growth 5YN/A
Revenue growth Q2Q26.19%
3.2 Future
Based on estimates for the next years, GB will show a very strong growth in Earnings Per Share. The EPS will grow by 73.54% on average per year.
Based on estimates for the next years, GB will show a quite strong growth in Revenue. The Revenue will grow by 19.63% on average per year.
EPS Next Y223.56%
EPS Next 2Y114.67%
EPS Next 3Y73.54%
EPS Next 5YN/A
Revenue Next Year29.88%
Revenue Next 2Y24.2%
Revenue Next 3Y19.63%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 46.18 indicates a quite expensive valuation of GB.
Compared to the rest of the industry, the Price/Earnings ratio of GB indicates a slightly more expensive valuation: GB is more expensive than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.55, GB is valued quite expensively.
With a Price/Forward Earnings ratio of 12.11, GB is valued correctly.
Based on the Price/Forward Earnings ratio, GB is valued a bit cheaper than the industry average as 60.78% of the companies are valued more expensively.
GB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.18 | ||
| Fwd PE | 12.11 |
4.2 Price Multiples
GB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. GB is cheaper than 76.47% of the companies in the same industry.
80.39% of the companies in the same industry are more expensive than GB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.11 | ||
| EV/EBITDA | 9.49 |
4.3 Compensation for Growth
GB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GB's earnings are expected to grow with 73.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y114.67%
EPS Next 3Y73.54%
5. Dividend
5.1 Amount
No dividends for GB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GLOBAL BLUE GROUP HOLDING AG
NYSE:GB (5/1/2024, 6:58:12 PM)
5.08
-0.04 (-0.78%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.01B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.18 | ||
| Fwd PE | 12.11 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.98% | ||
| ROE | 33.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.2% | ||
| PM (TTM) | 5.28% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.17 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)137.94%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y223.56%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)53.05%
Revenue growth 3Y-9.51%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y