TAKKT AG (TTK.DE) Stock Fundamental Analysis
FRA:TTK - Deutsche Boerse Ag - DE0007446007 - Common Stock - Currency: EUR
TTK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 44 industry peers in the Commercial Services & Supplies industry. TTK has an excellent financial health rating, but there are some minor concerns on its profitability. TTK is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TTK has reported negative net income.
TTK had a positive operating cash flow in the past year.
In the past 5 years TTK has always been profitable.
Each year in the past 5 years TTK had a positive operating cash flow.
1.2 Ratios
TTK has a Return On Assets of -0.24%. This is comparable to the rest of the industry: TTK outperforms 43.18% of its industry peers.
TTK has a Return On Equity (-0.40%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 4.05%, TTK is in line with its industry, outperforming 50.00% of the companies in the same industry.
TTK had an Average Return On Invested Capital over the past 3 years of 7.07%. This is in line with the industry average of 7.74%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.24% | ||
| ROE | -0.4% | ||
| ROIC | 4.05% |
ROA(3y)4.28%
ROA(5y)4.67%
ROE(3y)6.84%
ROE(5y)7.57%
ROIC(3y)7.07%
ROIC(5y)7.01%
1.3 Margins
In the last couple of years the Profit Margin of TTK has declined.
With a Operating Margin value of 3.75%, TTK perfoms like the industry average, outperforming 47.73% of the companies in the same industry.
In the last couple of years the Operating Margin of TTK has declined.
TTK's Gross Margin of 40.10% is in line compared to the rest of the industry. TTK outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of TTK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.75% | ||
| PM (TTM) | N/A | ||
| GM | 40.1% |
OM growth 3Y9.1%
OM growth 5Y-9.95%
PM growth 3Y-17.2%
PM growth 5Y-23.3%
GM growth 3Y0.08%
GM growth 5Y-0.85%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TTK is still creating some value.
TTK has less shares outstanding than it did 1 year ago.
TTK has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, TTK has about the same debt to assets ratio.
2.2 Solvency
TTK has an Altman-Z score of 2.84. This is not the best score and indicates that TTK is in the grey zone with still only limited risk for bankruptcy at the moment.
TTK has a Altman-Z score of 2.84. This is amongst the best in the industry. TTK outperforms 90.91% of its industry peers.
TTK has a debt to FCF ratio of 1.86. This is a very positive value and a sign of high solvency as it would only need 1.86 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.86, TTK belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that TTK is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.14, TTK belongs to the top of the industry, outperforming 84.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.86 | ||
| Altman-Z | 2.84 |
ROIC/WACC0.61
WACC6.66%
2.3 Liquidity
A Current Ratio of 1.41 indicates that TTK should not have too much problems paying its short term obligations.
TTK has a Current ratio of 1.41. This is in the better half of the industry: TTK outperforms 63.64% of its industry peers.
TTK has a Quick Ratio of 1.41. This is a bad value and indicates that TTK is not financially healthy enough and could expect problems in meeting its short term obligations.
TTK has a Quick ratio of 0.81. This is in the lower half of the industry: TTK underperforms 61.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The earnings per share for TTK have decreased strongly by -104.14% in the last year.
The earnings per share for TTK have been decreasing by -22.40% on average. This is quite bad
The Revenue for TTK has decreased by -15.57% in the past year. This is quite bad
The Revenue has been growing slightly by 0.98% on average over the past years.
EPS 1Y (TTM)-104.14%
EPS 3Y-12.68%
EPS 5Y-22.4%
EPS Q2Q%-50.85%
Revenue 1Y (TTM)-15.57%
Revenue growth 3Y5.12%
Revenue growth 5Y0.98%
Sales Q2Q%-14.17%
3.2 Future
Based on estimates for the next years, TTK will show a decrease in Earnings Per Share. The EPS will decrease by -4.55% on average per year.
TTK is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.00% yearly.
EPS Next Y-77.31%
EPS Next 2Y-25.1%
EPS Next 3Y-4.55%
EPS Next 5YN/A
Revenue Next Year-16.94%
Revenue Next 2Y-7.76%
Revenue Next 3Y-3.87%
Revenue Next 5Y-1%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TTK. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 18.04, the valuation of TTK can be described as rather expensive.
TTK's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.58. TTK is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTK is valued a bit cheaper than the industry average as 70.45% of the companies are valued more expensively.
TTK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TTK is cheaper than 79.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.88 | ||
| EV/EBITDA | 5.99 |
4.3 Compensation for Growth
A cheap valuation may be justified as TTK's earnings are expected to decrease with -4.55% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-25.1%
EPS Next 3Y-4.55%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.48%, TTK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.61, TTK pays a better dividend. On top of this TTK pays more dividend than 95.45% of the companies listed in the same industry.
TTK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.48% |
5.2 History
The dividend of TTK is nicely growing with an annual growth rate of 12.74%!
Dividend Growth(5Y)12.74%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
The earnings of TTK are negative and hence is the payout ratio. TTK will probably not be able to sustain this dividend level.
DP-2751.88%
EPS Next 2Y-25.1%
EPS Next 3Y-4.55%
FRA:TTK (3/14/2025, 7:00:00 PM)
8.11
+0.09 (+1.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners20.95%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap532.10M
Analysts80
Price Target11.28 (39.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.48% |
Yearly Dividend1
Dividend Growth(5Y)12.74%
DP-2751.88%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.9%
PT rev (3m)2.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-20%
EPS NY rev (3m)-29.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.04 | ||
| P/S | 0.49 | ||
| P/FCF | 6.88 | ||
| P/OCF | 5.93 | ||
| P/B | 0.91 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.99 |
EPS(TTM)-0.03
EYN/A
EPS(NY)0.45
Fwd EY5.54%
FCF(TTM)1.18
FCFY14.54%
OCF(TTM)1.37
OCFY16.86%
SpS16.52
BVpS8.92
TBVpS-0.08
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.24% | ||
| ROE | -0.4% | ||
| ROCE | 5.07% | ||
| ROIC | 4.05% | ||
| ROICexc | 4.08% | ||
| ROICexgc | 15.8% | ||
| OM | 3.75% | ||
| PM (TTM) | N/A | ||
| GM | 40.1% | ||
| FCFM | 7.14% |
ROA(3y)4.28%
ROA(5y)4.67%
ROE(3y)6.84%
ROE(5y)7.57%
ROIC(3y)7.07%
ROIC(5y)7.01%
ROICexc(3y)7.12%
ROICexc(5y)7.05%
ROICexgc(3y)24.55%
ROICexgc(5y)25.22%
ROCE(3y)8.92%
ROCE(5y)8.84%
ROICexcg growth 3Y11.27%
ROICexcg growth 5Y-10.13%
ROICexc growth 3Y15.55%
ROICexc growth 5Y-8.27%
OM growth 3Y9.1%
OM growth 5Y-9.95%
PM growth 3Y-17.2%
PM growth 5Y-23.3%
GM growth 3Y0.08%
GM growth 5Y-0.85%
F-Score4
Asset Turnover1.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.86 | ||
| Debt/EBITDA | 0.74 | ||
| Cap/Depr | 17.26% | ||
| Cap/Sales | 1.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 2.84 |
F-Score4
WACC6.66%
ROIC/WACC0.61
Cap/Depr(3y)32.52%
Cap/Depr(5y)38.06%
Cap/Sales(3y)1.31%
Cap/Sales(5y)1.44%
Profit Quality(3y)184.84%
Profit Quality(5y)196.89%
High Growth Momentum
Growth
EPS 1Y (TTM)-104.14%
EPS 3Y-12.68%
EPS 5Y-22.4%
EPS Q2Q%-50.85%
EPS Next Y-77.31%
EPS Next 2Y-25.1%
EPS Next 3Y-4.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-15.57%
Revenue growth 3Y5.12%
Revenue growth 5Y0.98%
Sales Q2Q%-14.17%
Revenue Next Year-16.94%
Revenue Next 2Y-7.76%
Revenue Next 3Y-3.87%
Revenue Next 5Y-1%
EBIT growth 1Y-47.84%
EBIT growth 3Y14.69%
EBIT growth 5Y-9.06%
EBIT Next Year-16.4%
EBIT Next 3Y7.35%
EBIT Next 5Y0.54%
FCF growth 1Y406.76%
FCF growth 3Y-5.37%
FCF growth 5Y4.09%
OCF growth 1Y184.56%
OCF growth 3Y-3.96%
OCF growth 5Y1.45%