TAKKT AG (TTK.DE) Stock Fundamental Analysis
FRA:TTK - Deutsche Boerse Ag - DE0007446007 - Common Stock - Currency: EUR
Overall TTK gets a fundamental rating of 4 out of 10. We evaluated TTK 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
TTK had negative earnings in the past year.
In the past year TTK had a positive cash flow from operations.
In the past 5 years TTK has always been profitable.
TTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.24%, TTK is in line with its industry, outperforming 43.48% of the companies in the same industry.
The Return On Equity of TTK (-0.40%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 4.05%, TTK perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TTK 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
TTK's Profit Margin has declined in the last couple of years.
TTK has a Operating Margin (3.75%) which is in line with its industry peers.
In the last couple of years the Operating Margin of TTK has declined.
The Gross Margin of TTK (40.10%) is comparable to the rest of the industry.
TTK's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TTK is creating some value.
TTK has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TTK has been reduced compared to 5 years ago.
Compared to 1 year ago, TTK has about the same debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.84 indicates that TTK is not a great score, but indicates 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 91.30% 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.
TTK's Debt to FCF ratio of 1.86 is amongst the best of the industry. TTK outperforms 86.96% of its industry peers.
TTK has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.14, TTK belongs to the top of the industry, outperforming 84.78% 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's Current ratio of 1.41 is fine compared to the rest of the industry. TTK outperforms 63.04% 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 worse Quick ratio (0.81) than 60.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
TTK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -104.14%.
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
TTK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.98% yearly.
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.
Based on estimates for the next years, TTK will show a decrease in Revenue. The Revenue will decrease by -0.41% on average per year.
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-0.41%
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.
The Price/Forward Earnings ratio is 17.93, which indicates a rather expensive current valuation of TTK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TTK is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of TTK to the average of the S&P500 Index (22.10), we can say TTK is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTK is valued a bit cheaper than 73.91% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TTK is valued a bit cheaper than 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.83 | ||
| EV/EBITDA | 5.96 |
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 7.39%, TTK is a good candidate for dividend investing.
TTK's Dividend Yield is rather good when compared to the industry average which is at 3.64. TTK pays more dividend than 93.48% of the companies in the same industry.
TTK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.39% |
5.2 History
On average, the dividend of TTK grows each year by 12.74%, which is quite nice.
Dividend Growth(5Y)12.74%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
TTK has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-2751.88%
EPS Next 2Y-25.1%
EPS Next 3Y-4.55%
FRA:TTK (3/7/2025, 7:00:00 PM)
8.06
-0.06 (-0.74%)
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 Cap528.82M
Analysts80
Price Target11.28 (39.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.39% |
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 | 17.93 | ||
| P/S | 0.49 | ||
| P/FCF | 6.83 | ||
| P/OCF | 5.9 | ||
| P/B | 0.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.96 |
EPS(TTM)-0.03
EYN/A
EPS(NY)0.45
Fwd EY5.58%
FCF(TTM)1.18
FCFY14.63%
OCF(TTM)1.37
OCFY16.96%
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-0.41%
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 5Y1.15%
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%