ATOSS SOFTWARE SE (AOF.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:AOF - DE0005104400 - Common Stock
101.8 EUR
+1.6 (+1.6%)
We assign a fundamental rating of 7 out of 10 to AOF. AOF was compared to 114 industry peers in the Software industry. Both the health and profitability get an excellent rating, making AOF a very profitable company, without any liquidiy or solvency issues. AOF is valued quite expensive, but it does show an excellent growth. This makes AOF very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
- In the past year AOF was profitable.
- AOF had a positive operating cash flow in the past year.
- Each year in the past 5 years AOF has been profitable.
- In the past 5 years AOF always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of AOF (35.91%) is better than 98.32% of its industry peers.
- With an excellent Return On Equity value of 66.92%, AOF belongs to the best of the industry, outperforming 95.80% of the companies in the same industry.
- AOF's Return On Invested Capital of 53.38% is amongst the best of the industry. AOF outperforms 100.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for AOF is significantly above the industry average of 13.49%.
- The last Return On Invested Capital (53.38%) for AOF is above the 3 year average (42.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 35.91% | ||
| ROE | 66.92% | ||
| ROIC | 53.38% |
ROA(3y)28.16%
ROA(5y)26.86%
ROE(3y)51.74%
ROE(5y)51.76%
ROIC(3y)42.27%
ROIC(5y)39.07%
1.3 Margins
- AOF has a Profit Margin of 26.64%. This is amongst the best in the industry. AOF outperforms 85.71% of its industry peers.
- AOF's Profit Margin has improved in the last couple of years.
- AOF's Operating Margin of 37.29% is amongst the best of the industry. AOF outperforms 95.80% of its industry peers.
- In the last couple of years the Operating Margin of AOF has grown nicely.
- Looking at the Gross Margin, with a value of 77.14%, AOF is in the better half of the industry, outperforming 60.50% of the companies in the same industry.
- In the last couple of years the Gross Margin of AOF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.29% | ||
| PM (TTM) | 26.64% | ||
| GM | 77.14% |
OM growth 3Y9.88%
OM growth 5Y6.56%
PM growth 3Y10.16%
PM growth 5Y7.03%
GM growth 3Y1.86%
GM growth 5Y1.89%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AOF is creating value.
- Compared to 1 year ago, AOF has about the same amount of shares outstanding.
- Compared to 5 years ago, AOF has about the same amount of shares outstanding.
- AOF has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 20.70 indicates that AOF is not in any danger for bankruptcy at the moment.
- The Altman-Z score of AOF (20.70) is better than 94.12% of its industry peers.
- AOF has a debt to FCF ratio of 0.17. This is a very positive value and a sign of high solvency as it would only need 0.17 years to pay back of all of its debts.
- AOF has a better Debt to FCF ratio (0.17) than 90.76% of its industry peers.
- A Debt/Equity ratio of 0.06 indicates that AOF is not too dependend on debt financing.
- AOF has a Debt to Equity ratio of 0.06. This is in the better half of the industry: AOF outperforms 75.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.17 | ||
| Altman-Z | 20.7 |
ROIC/WACC6.84
WACC7.8%
2.3 Liquidity
- A Current Ratio of 2.27 indicates that AOF has no problem at all paying its short term obligations.
- AOF has a better Current ratio (2.27) than 81.51% of its industry peers.
- A Quick Ratio of 2.27 indicates that AOF has no problem at all paying its short term obligations.
- AOF has a better Quick ratio (2.27) than 81.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.27 | ||
| Quick Ratio | 2.27 |
3. Growth
3.1 Past
- AOF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.11%, which is quite impressive.
- AOF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.46% yearly.
- Looking at the last year, AOF shows a quite strong growth in Revenue. The Revenue has grown by 12.85% in the last year.
- The Revenue has been growing by 19.04% on average over the past years. This is quite good.
EPS 1Y (TTM)27.11%
EPS 3Y32.84%
EPS 5Y27.46%
EPS Q2Q%-9.72%
Revenue 1Y (TTM)12.85%
Revenue growth 3Y20.69%
Revenue growth 5Y19.04%
Sales Q2Q%9.24%
3.2 Future
- Based on estimates for the next years, AOF will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.84% on average per year.
- AOF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.04% yearly.
EPS Next Y5.76%
EPS Next 2Y9.04%
EPS Next 3Y11.37%
EPS Next 5Y10.84%
Revenue Next Year10.31%
Revenue Next 2Y11.81%
Revenue Next 3Y12.42%
Revenue Next 5Y13.04%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 35.59, which means the current valuation is very expensive for AOF.
- AOF's Price/Earnings is on the same level as the industry average.
- AOF's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.21.
- With a Price/Forward Earnings ratio of 31.63, AOF can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AOF is on the same level as its industry peers.
- AOF is valuated rather expensively when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.59 | ||
| Fwd PE | 31.63 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as AOF.
- The rest of the industry has a similar Price/Free Cash Flow ratio as AOF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.73 | ||
| EV/EBITDA | 22.28 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- AOF has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)6.18
PEG (5Y)1.3
EPS Next 2Y9.04%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
- AOF has a Yearly Dividend Yield of 2.13%.
- AOF's Dividend Yield is rather good when compared to the industry average which is at 0.68. AOF pays more dividend than 91.60% of the companies in the same industry.
- AOF's Dividend Yield is comparable with the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
5.2 History
- The dividend of AOF is nicely growing with an annual growth rate of 11.00%!
Dividend Growth(5Y)11%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 74.54% of the earnings are spent on dividend by AOF. This is not a sustainable payout ratio.
- AOF's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP74.54%
EPS Next 2Y9.04%
EPS Next 3Y11.37%
ATOSS SOFTWARE SE / AOF.DE FAQ
Can you provide the ChartMill fundamental rating for ATOSS SOFTWARE SE?
ChartMill assigns a fundamental rating of 7 / 10 to AOF.DE.
Can you provide the valuation status for ATOSS SOFTWARE SE?
ChartMill assigns a valuation rating of 2 / 10 to ATOSS SOFTWARE SE (AOF.DE). This can be considered as Overvalued.
Can you provide the profitability details for ATOSS SOFTWARE SE?
ATOSS SOFTWARE SE (AOF.DE) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for AOF stock?
The Price/Earnings (PE) ratio for ATOSS SOFTWARE SE (AOF.DE) is 35.59 and the Price/Book (PB) ratio is 23.85.
Can you provide the dividend sustainability for AOF stock?
The dividend rating of ATOSS SOFTWARE SE (AOF.DE) is 4 / 10 and the dividend payout ratio is 74.54%.