GLOBAL BLUE GROUP HOLDING AG (GB) Stock Fundamental Analysis
NYSE:GB - New York Stock Exchange, Inc. - CH0562152865 - Common Stock - Currency: USD
Overall GB gets a fundamental rating of 5 out of 10. We evaluated GB against 101 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 growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
GB had positive earnings in the past year.
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
GB has a better Return On Assets (3.86%) than 69.31% of its industry peers.
GB has a better Return On Equity (47.25%) than 96.04% of its industry peers.
The Return On Invested Capital of GB (14.12%) is better than 91.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 47.25% | ||
| ROIC | 14.12% |
ROA(3y)-4.11%
ROA(5y)-11.54%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GB has a Profit Margin of 9.62%. This is comparable to the rest of the industry: GB outperforms 45.54% of its industry peers.
GB's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 27.22%, GB is in the better half of the industry, outperforming 71.29% of the companies in the same industry.
In the last couple of years the Operating Margin of GB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.22% | ||
| PM (TTM) | 9.62% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y12.17%
PM growth 3YN/A
PM growth 5Y41.61%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GB is creating value.
Compared to 1 year ago, GB has more shares outstanding
The number of shares outstanding for GB has been increased compared to 5 years ago.
Compared to 1 year ago, GB has an improved debt to assets ratio.
2.2 Solvency
GB has an Altman-Z score of -0.64. This is a bad value and indicates that GB is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.64, GB is not doing good in the industry: 70.30% of the companies in the same industry are doing better.
The Debt to FCF ratio of GB is 3.42, which is a good value as it means it would take GB, 3.42 years of fcf income to pay off all of its debts.
GB has a Debt to FCF ratio of 3.42. This is in the better half of the industry: GB outperforms 69.31% of its industry peers.
A Debt/Equity ratio of 5.94 is on the high side and indicates that GB has dependencies on debt financing.
GB's Debt to Equity ratio of 5.94 is on the low side compared to the rest of the industry. GB is outperformed by 86.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.94 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | -0.64 |
ROIC/WACC2.99
WACC4.72%
2.3 Liquidity
A Current Ratio of 1.00 indicates that GB may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.00, GB is in line with its industry, outperforming 46.53% of the companies in the same industry.
A Quick Ratio of 1.00 indicates that GB may have some problems paying its short term obligations.
With a Quick ratio value of 1.00, GB perfoms like the industry average, outperforming 49.51% of the companies in the same industry.
| 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 458.65%, which is quite impressive.
Measured over the past 5 years, GB shows a small growth in Earnings Per Share. The EPS has been growing by 3.79% on average per year.
GB shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.81%.
Measured over the past years, GB shows a small growth in Revenue. The Revenue has been growing by 0.45% on average per year.
EPS 1Y (TTM)458.65%
EPS 3YN/A
EPS 5Y3.79%
EPS Q2Q%42.86%
Revenue 1Y (TTM)21.81%
Revenue growth 3Y111.4%
Revenue growth 5Y0.45%
Sales Q2Q%16.6%
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 36.72% on average per year.
GB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.83% yearly.
EPS Next Y55.56%
EPS Next 2Y36.42%
EPS Next 3Y36.72%
EPS Next 5YN/A
Revenue Next Year18.14%
Revenue Next 2Y14.75%
Revenue Next 3Y12.83%
Revenue Next 5YN/A
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.
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 38.47 indicates a quite expensive valuation of GB.
67.33% of the companies in the same industry are cheaper than GB, based on the Price/Earnings ratio.
GB's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 29.63.
With a Price/Forward Earnings ratio of 20.29, GB is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as GB.
The average S&P500 Price/Forward Earnings ratio is at 22.68. GB is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.47 | ||
| Fwd PE | 20.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GB indicates a somewhat cheap valuation: GB is cheaper than 72.28% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GB indicates a rather cheap valuation: GB is cheaper than 81.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.53 | ||
| EV/EBITDA | 10.61 |
4.3 Compensation for Growth
The 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 36.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.69
PEG (5Y)10.14
EPS Next 2Y36.42%
EPS Next 3Y36.72%
5. Dividend
5.1 Amount
No dividends for GB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.31
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners14.23%
Inst Owner Change0.05%
Ins Owners1.55%
Ins Owner Change0%
Market Cap1.46B
Analysts86
Price Target7.65 (4.65%)
Short Float %0.12%
Short Ratio0.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.41%
Min EPS beat(2)-72.26%
Max EPS beat(2)29.45%
EPS beat(4)1
Avg EPS beat(4)-37.01%
Min EPS beat(4)-86.13%
Max EPS beat(4)29.45%
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)0
Avg Revenue beat(2)-1.49%
Min Revenue beat(2)-2.39%
Max Revenue beat(2)-0.59%
Revenue beat(4)0
Avg Revenue beat(4)-2.5%
Min Revenue beat(4)-4.31%
Max Revenue beat(4)-0.59%
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)7.14%
PT rev (3m)25%
EPS NQ rev (1m)-5.88%
EPS NQ rev (3m)-27.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.32%
Revenue NQ rev (1m)2.52%
Revenue NQ rev (3m)-2.96%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.47 | ||
| Fwd PE | 20.29 | ||
| P/S | 3.01 | ||
| P/FCF | 8.53 | ||
| P/OCF | 8.04 | ||
| P/B | 14.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.61 |
EPS(TTM)0.19
EY2.6%
EPS(NY)0.36
Fwd EY4.93%
FCF(TTM)0.86
FCFY11.73%
OCF(TTM)0.91
OCFY12.43%
SpS2.43
BVpS0.49
TBVpS-2.74
PEG (NY)0.69
PEG (5Y)10.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | 47.25% | ||
| ROCE | 17.9% | ||
| ROIC | 14.12% | ||
| ROICexc | 16.3% | ||
| ROICexgc | N/A | ||
| OM | 27.22% | ||
| PM (TTM) | 9.62% | ||
| GM | N/A | ||
| FCFM | 35.33% |
ROA(3y)-4.11%
ROA(5y)-11.54%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y16.14%
OM growth 3YN/A
OM growth 5Y12.17%
PM growth 3YN/A
PM growth 5Y41.61%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.94 | ||
| Debt/FCF | 3.42 | ||
| Debt/EBITDA | 3.2 | ||
| Cap/Depr | 20.01% | ||
| Cap/Sales | 2.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 98.95% | ||
| Profit Quality | 367.13% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | -0.64 |
F-Score7
WACC4.72%
ROIC/WACC2.99
Cap/Depr(3y)11.27%
Cap/Depr(5y)17.05%
Cap/Sales(3y)2.39%
Cap/Sales(5y)12.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)458.65%
EPS 3YN/A
EPS 5Y3.79%
EPS Q2Q%42.86%
EPS Next Y55.56%
EPS Next 2Y36.42%
EPS Next 3Y36.72%
EPS Next 5YN/A
Revenue 1Y (TTM)21.81%
Revenue growth 3Y111.4%
Revenue growth 5Y0.45%
Sales Q2Q%16.6%
Revenue Next Year18.14%
Revenue Next 2Y14.75%
Revenue Next 3Y12.83%
Revenue Next 5YN/A
EBIT growth 1Y60%
EBIT growth 3YN/A
EBIT growth 5Y12.67%
EBIT Next Year591%
EBIT Next 3Y102.67%
EBIT Next 5YN/A
FCF growth 1Y302.21%
FCF growth 3YN/A
FCF growth 5Y7.16%
OCF growth 1Y307.95%
OCF growth 3YN/A
OCF growth 5Y0.99%