TAKKT AG (TTK.DE) Stock Fundamental Analysis
FRA:TTK - Deutsche Boerse Ag - DE0007446007 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to TTK. TTK was compared to 39 industry peers in the Commercial Services & Supplies industry. The financial health of TTK is average, but there are quite some concerns on its profitability. TTK has a valuation in line with the averages, but it does not seem to be growing. Finally TTK also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TTK has reported negative net income.
In the past year TTK had a positive cash flow from operations.
TTK had positive earnings in 4 of the past 5 years.
TTK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TTK has a worse Return On Assets (-4.94%) than 66.67% of its industry peers.
TTK has a Return On Equity of -8.35%. This is in the lower half of the industry: TTK underperforms 64.10% of its industry peers.
TTK has a Return On Invested Capital of 2.03%. This is in the lower half of the industry: TTK underperforms 61.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TTK is in line with the industry average of 7.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.94% | ||
| ROE | -8.35% | ||
| ROIC | 2.03% |
ROA(3y)1.08%
ROA(5y)2.41%
ROE(3y)1.56%
ROE(5y)3.73%
ROIC(3y)5.86%
ROIC(5y)5.73%
1.3 Margins
TTK has a Operating Margin of 1.69%. This is comparable to the rest of the industry: TTK outperforms 41.03% of its industry peers.
TTK's Operating Margin has declined in the last couple of years.
TTK's Gross Margin of 38.94% is in line compared to the rest of the industry. TTK outperforms 41.03% of its industry peers.
TTK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.69% | ||
| PM (TTM) | N/A | ||
| GM | 38.94% |
OM growth 3Y-31.05%
OM growth 5Y-25.34%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.71%
GM growth 5Y-0.99%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TTK is destroying value.
Compared to 1 year ago, TTK has less shares outstanding
The number of shares outstanding for TTK has been reduced compared to 5 years ago.
TTK has a worse debt/assets ratio than last year.
2.2 Solvency
TTK has an Altman-Z score of 2.63. 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.
Looking at the Altman-Z score, with a value of 2.63, TTK is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
The Debt to FCF ratio of TTK is 2.23, which is a good value as it means it would take TTK, 2.23 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.23, TTK is doing good in the industry, outperforming 79.49% of the companies in the same industry.
TTK has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TTK (0.10) is better than 89.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.23 | ||
| Altman-Z | 2.63 |
ROIC/WACC0.31
WACC6.59%
2.3 Liquidity
TTK has a Current Ratio of 1.20. This is a normal value and indicates that TTK is financially healthy and should not expect problems in meeting its short term obligations.
TTK has a Current ratio (1.20) which is comparable to the rest of the industry.
TTK has a Quick Ratio of 1.20. This is a bad value and indicates that TTK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TTK (0.65) is worse than 79.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
TTK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -398.31%.
The Revenue for TTK has decreased by -12.80% in the past year. This is quite bad
Measured over the past years, TTK shows a decrease in Revenue. The Revenue has been decreasing by -2.80% on average per year.
EPS 1Y (TTM)-398.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-74.24%
Revenue 1Y (TTM)-12.8%
Revenue growth 3Y-3.67%
Revenue growth 5Y-2.8%
Sales Q2Q%-6.51%
3.2 Future
The Earnings Per Share is expected to grow by 64.07% on average over the next years. This is a very strong growth
Based on estimates for the next years, TTK will show a small growth in Revenue. The Revenue will grow by 3.14% on average per year.
EPS Next Y93.06%
EPS Next 2Y87.45%
EPS Next 3Y64.07%
EPS Next 5YN/A
Revenue Next Year-0.09%
Revenue Next 2Y2.6%
Revenue Next 3Y2.92%
Revenue Next 5Y3.14%
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
TTK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 9.89 indicates a reasonable valuation of TTK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TTK indicates a rather cheap valuation: TTK is cheaper than 82.05% of the companies listed in the same industry.
TTK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTK is valued cheaper than 84.62% of the companies in the same industry.
TTK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TTK is cheaper than 79.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.46 | ||
| EV/EBITDA | 4.48 |
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.
TTK's earnings are expected to grow with 64.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y87.45%
EPS Next 3Y64.07%
5. Dividend
5.1 Amount
TTK has a Yearly Dividend Yield of 9.45%, which is a nice return.
Compared to an average industry Dividend Yield of 4.32, TTK pays a better dividend. On top of this TTK pays more dividend than 94.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, TTK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.45% |
5.2 History
The dividend of TTK has a limited annual growth rate of 3.37%.
Dividend Growth(5Y)3.37%
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.
TTK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-143.35%
EPS Next 2Y87.45%
EPS Next 3Y64.07%
FRA:TTK (7/11/2025, 7:00:00 PM)
6.32
-0.03 (-0.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners20.22%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap414.66M
Analysts75
Price Target10.63 (68.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.45% |
Yearly Dividend1
Dividend Growth(5Y)3.37%
DP-143.35%
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)-0.95%
PT rev (3m)-5.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-21.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 9.89 | ||
| P/S | 0.4 | ||
| P/FCF | 7.46 | ||
| P/OCF | 6.22 | ||
| P/B | 0.77 | ||
| P/tB | 81.3 | ||
| EV/EBITDA | 4.48 |
EPS(TTM)-0.71
EYN/A
EPS(NY)0.64
Fwd EY10.11%
FCF(TTM)0.85
FCFY13.4%
OCF(TTM)1.02
OCFY16.07%
SpS15.78
BVpS8.23
TBVpS0.08
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.94% | ||
| ROE | -8.35% | ||
| ROCE | 2.49% | ||
| ROIC | 2.03% | ||
| ROICexc | 2.09% | ||
| ROICexgc | 9.69% | ||
| OM | 1.69% | ||
| PM (TTM) | N/A | ||
| GM | 38.94% | ||
| FCFM | 5.37% |
ROA(3y)1.08%
ROA(5y)2.41%
ROE(3y)1.56%
ROE(5y)3.73%
ROIC(3y)5.86%
ROIC(5y)5.73%
ROICexc(3y)5.92%
ROICexc(5y)5.77%
ROICexgc(3y)21.02%
ROICexgc(5y)20.62%
ROCE(3y)7.23%
ROCE(5y)7.06%
ROICexcg growth 3Y-22.94%
ROICexcg growth 5Y-22.2%
ROICexc growth 3Y-27.66%
ROICexc growth 5Y-23.78%
OM growth 3Y-31.05%
OM growth 5Y-25.34%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.71%
GM growth 5Y-0.99%
F-Score4
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 2.23 | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 11.57% | ||
| Cap/Sales | 1.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.63 |
F-Score4
WACC6.59%
ROIC/WACC0.31
Cap/Depr(3y)20.83%
Cap/Depr(5y)28.59%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-398.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-74.24%
EPS Next Y93.06%
EPS Next 2Y87.45%
EPS Next 3Y64.07%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.8%
Revenue growth 3Y-3.67%
Revenue growth 5Y-2.8%
Sales Q2Q%-6.51%
Revenue Next Year-0.09%
Revenue Next 2Y2.6%
Revenue Next 3Y2.92%
Revenue Next 5Y3.14%
EBIT growth 1Y-72.5%
EBIT growth 3Y-33.58%
EBIT growth 5Y-27.43%
EBIT Next Year182.03%
EBIT Next 3Y63.49%
EBIT Next 5Y31.07%
FCF growth 1Y-28.17%
FCF growth 3Y29.02%
FCF growth 5Y-5.04%
OCF growth 1Y-27.29%
OCF growth 3Y18.41%
OCF growth 5Y-6.44%