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Bergbahnen Engelberg-Trübsee-Titlis

SWX:TIBN
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TIBN
SWX
CHF174M
Market Cap
  1. Home
  2. CH
  3. Consumer Services
Company description

Bergbahnen Engelberg-Trübsee-Titlis AG operates as a cableway and tourism company in Switzerland. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
  • Bergbahnen Engelberg-Trübsee-Titlis has significant price volatility in the past 3 months.
TIBN Share Price and Events
7 Day Returns
-1.9%
SWX:TIBN
-5.8%
Europe Hospitality
1.4%
CH Market
1 Year Returns
-33.7%
SWX:TIBN
-30.7%
Europe Hospitality
-5.2%
CH Market
TIBN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bergbahnen Engelberg-Trübsee-Titlis (TIBN) -1.9% -11.6% -26.8% -33.7% -27.4% -3.7%
Europe Hospitality -5.8% -29.6% -37.9% -30.7% -33% -29.4%
CH Market 1.4% -9% -13.7% -5.2% 3.7% -2.6%
1 Year Return vs Industry and Market
  • TIBN underperformed the Hospitality industry which returned -30.7% over the past year.
  • TIBN underperformed the Market in Switzerland which returned -5.2% over the past year.
Price Volatility
TIBN
Industry
5yr Volatility vs Market

Value

 Is Bergbahnen Engelberg-Trübsee-Titlis undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bergbahnen Engelberg-Trübsee-Titlis to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bergbahnen Engelberg-Trübsee-Titlis.

SWX:TIBN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-10-31) in CHF CHF 1.880000
Payout Ratio Company Filings (2019-10-31) 3674.9%
Discount Rate (Cost of Equity) See below 4.1%
Perpetual Growth Rate 10-Year CH Government Bond Rate -0.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:TIBN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate -0.6%
Equity Risk Premium S&P Global 5.4%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.79
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.794 (1 + (1- 18%) (0%))
0.862
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.55% + (0.862 * 5.44%)
4.14%

Discounted Cash Flow Calculation for SWX:TIBN using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Bergbahnen Engelberg-Trübsee-Titlis is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

SWX:TIBN Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= CHF1.88 / (4.14% - -0.55%)
CHF40.1
SWX:TIBN Discount to Share Price
Calculation Result
Value per share (CHF) From above. CHF40.10
Current discount Discount to share price of CHF52.00
= -1 x (CHF52.00 - CHF40.10) / CHF40.10
-29.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Bergbahnen Engelberg-Trübsee-Titlis is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bergbahnen Engelberg-Trübsee-Titlis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bergbahnen Engelberg-Trübsee-Titlis's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:TIBN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in CHF CHF19.97
SWX:TIBN Share Price ** SWX (2020-04-03) in CHF CHF52
Europe Hospitality Industry PE Ratio Median Figure of 127 Publicly-Listed Hospitality Companies 13.05x
Switzerland Market PE Ratio Median Figure of 175 Publicly-Listed Companies 16.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bergbahnen Engelberg-Trübsee-Titlis.

SWX:TIBN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:TIBN Share Price ÷ EPS (both in CHF)

= 52 ÷ 19.97

2.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bergbahnen Engelberg-Trübsee-Titlis is good value based on earnings compared to the Europe Hospitality industry average.
  • Bergbahnen Engelberg-Trübsee-Titlis is good value based on earnings compared to the Switzerland market.
Price based on expected Growth
Does Bergbahnen Engelberg-Trübsee-Titlis's expected growth come at a high price?
Raw Data
SWX:TIBN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.89x
Switzerland Market PEG Ratio Median Figure of 125 Publicly-Listed Companies 1.81x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bergbahnen Engelberg-Trübsee-Titlis, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bergbahnen Engelberg-Trübsee-Titlis's assets?
Raw Data
SWX:TIBN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in CHF CHF245.36
SWX:TIBN Share Price * SWX (2020-04-03) in CHF CHF52
Europe Hospitality Industry PB Ratio Median Figure of 176 Publicly-Listed Hospitality Companies 1.03x
Switzerland Market PB Ratio Median Figure of 216 Publicly-Listed Companies 1.33x
SWX:TIBN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:TIBN Share Price ÷ Book Value per Share (both in CHF)

= 52 ÷ 245.36

0.21x

* Primary Listing of Bergbahnen Engelberg-Trübsee-Titlis.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bergbahnen Engelberg-Trübsee-Titlis is good value based on assets compared to the Europe Hospitality industry average.
X
Value checks
We assess Bergbahnen Engelberg-Trübsee-Titlis's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Bergbahnen Engelberg-Trübsee-Titlis has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bergbahnen Engelberg-Trübsee-Titlis expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bergbahnen Engelberg-Trübsee-Titlis has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.1%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bergbahnen Engelberg-Trübsee-Titlis expected to grow at an attractive rate?
  • Unable to compare Bergbahnen Engelberg-Trübsee-Titlis's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bergbahnen Engelberg-Trübsee-Titlis's earnings growth to the Switzerland market average as no estimate data is available.
  • Unable to compare Bergbahnen Engelberg-Trübsee-Titlis's revenue growth to the Switzerland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SWX:TIBN Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 17.1%
Europe Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 8.3%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 2.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:TIBN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:TIBN Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2019-10-31 80 28 13
2019-07-31 78 30 14
2019-04-30 76 33 14
2019-01-31 76 32 16
2018-10-31 76 30 18
2018-07-31 74 29 17
2018-04-30 73 27 16
2018-01-31 72 28 16
2017-10-31 71 28 16
2017-07-31 69 27 15
2017-04-30 67 26 15
2017-01-31 65 23 14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bergbahnen Engelberg-Trübsee-Titlis is high growth as no earnings estimate data is available.
  • Unable to determine if Bergbahnen Engelberg-Trübsee-Titlis is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:TIBN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bergbahnen Engelberg-Trübsee-Titlis Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:TIBN Past Financials Data
Date (Data in CHF Millions) EPS *
2019-10-31 19.97
2019-07-31 20.81
2019-04-30 21.65
2019-01-31 23.94
2018-10-31 26.22
2018-07-31 25.07
2018-04-30 23.93
2018-01-31 23.51
2017-10-31 23.10
2017-07-31 22.43
2017-04-30 21.77
2017-01-31 20.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bergbahnen Engelberg-Trübsee-Titlis will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Bergbahnen Engelberg-Trübsee-Titlis is trading at Bergbahnen Engelberg-Trübsee-Titlis'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Bergbahnen Engelberg-Trübsee-Titlis's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Bergbahnen Engelberg-Trübsee-Titlis's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bergbahnen Engelberg-Trübsee-Titlis's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bergbahnen Engelberg-Trübsee-Titlis has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bergbahnen Engelberg-Trübsee-Titlis performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bergbahnen Engelberg-Trübsee-Titlis's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bergbahnen Engelberg-Trübsee-Titlis's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Bergbahnen Engelberg-Trübsee-Titlis's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Bergbahnen Engelberg-Trübsee-Titlis's 1-year earnings growth is negative, it can't be compared to the Europe Hospitality industry average.
Earnings and Revenue History
Bergbahnen Engelberg-Trübsee-Titlis's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bergbahnen Engelberg-Trübsee-Titlis Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:TIBN Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 80.04 13.33 7.06
2019-07-31 78.14 13.87 7.08
2019-04-30 76.24 14.41 7.10
2019-01-31 76.19 15.96 7.10
2018-10-31 76.15 17.50 7.10
2018-07-31 74.46 16.79 6.93
2018-04-30 72.78 16.07 6.76
2018-01-31 72.01 15.79 6.76
2017-10-31 71.23 15.51 6.76
2017-07-31 69.07 15.06 6.43
2017-04-30 66.91 14.62 6.10
2017-01-31 65.37 13.58 6.10
2016-10-31 63.84 12.54 6.10
2016-07-31 66.58 16.56 6.11
2016-04-30 69.32 20.57 6.11
2016-01-31 70.16 25.26 6.11
2015-10-31 71.00 29.95 6.11
2015-07-31 67.65 28.99 5.96
2015-04-30 64.30 28.02 5.80
2015-01-31 63.04 25.84 5.80
2014-10-31 61.79 23.67 5.80
2014-07-31 60.95 22.65 6.16
2014-04-30 60.11 21.63 6.51
2014-01-31 59.94 20.00 6.51
2013-10-31 59.77 18.36 6.51
2013-07-31 58.68 15.76 5.80
2013-04-30 57.59 13.16 5.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bergbahnen Engelberg-Trübsee-Titlis has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bergbahnen Engelberg-Trübsee-Titlis used its assets more efficiently than the Europe Hospitality industry average last year based on Return on Assets.
  • Bergbahnen Engelberg-Trübsee-Titlis has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bergbahnen Engelberg-Trübsee-Titlis's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bergbahnen Engelberg-Trübsee-Titlis has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bergbahnen Engelberg-Trübsee-Titlis's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bergbahnen Engelberg-Trübsee-Titlis's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bergbahnen Engelberg-Trübsee-Titlis is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bergbahnen Engelberg-Trübsee-Titlis's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bergbahnen Engelberg-Trübsee-Titlis's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Bergbahnen Engelberg-Trübsee-Titlis has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bergbahnen Engelberg-Trübsee-Titlis Company Filings, last reported 5 months ago.

SWX:TIBN Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 164.02 0.00 14.53
2019-07-31 164.02 0.00 14.53
2019-04-30 153.13 0.00 15.74
2019-01-31 153.13 0.00 15.74
2018-10-31 156.97 0.00 15.62
2018-07-31 156.97 0.00 15.62
2018-04-30 146.64 0.00 6.67
2018-01-31 146.64 0.00 6.67
2017-10-31 146.75 0.00 8.89
2017-07-31 146.75 0.00 8.89
2017-04-30 136.19 5.50 7.67
2017-01-31 136.19 5.50 7.67
2016-10-31 136.58 8.00 11.14
2016-07-31 136.58 8.00 11.14
2016-04-30 126.91 13.20 10.42
2016-01-31 126.91 13.20 10.42
2015-10-31 129.41 14.21 25.29
2015-07-31 129.41 14.21 25.29
2015-04-30 111.71 17.71 28.55
2015-01-31 111.71 17.71 28.55
2014-10-31 103.46 17.71 20.01
2014-07-31 103.46 17.71 20.01
2014-04-30 87.69 17.71 18.84
2014-01-31 87.69 17.71 18.84
2013-10-31 83.14 20.55 17.93
2013-07-31 83.14 20.55 17.93
2013-04-30 66.91 23.21 4.58
  • Bergbahnen Engelberg-Trübsee-Titlis has no debt.
  • Bergbahnen Engelberg-Trübsee-Titlis has no debt compared to 5 years ago when it was 17.1%.
  • Bergbahnen Engelberg-Trübsee-Titlis has no debt, it does not need to be covered by operating cash flow.
  • Bergbahnen Engelberg-Trübsee-Titlis has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Bergbahnen Engelberg-Trübsee-Titlis's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bergbahnen Engelberg-Trübsee-Titlis has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bergbahnen Engelberg-Trübsee-Titlis's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.62%
Current annual income from Bergbahnen Engelberg-Trübsee-Titlis dividends.
If you bought CHF2,000 of Bergbahnen Engelberg-Trübsee-Titlis shares you are expected to receive CHF72 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bergbahnen Engelberg-Trübsee-Titlis's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2.08%).
  • Bergbahnen Engelberg-Trübsee-Titlis's dividend is below the markets top 25% of dividend payers in Switzerland (4.36%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:TIBN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 72 Stocks 4.5%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 159 Stocks 3.3%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Switzerland Bottom 25% Dividend Yield 25th Percentile 2.1%
Switzerland Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:TIBN Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2020-02-28 1.880 3.641
2019-02-26 1.880 2.704
2019-01-29 1.880 2.426
2018-02-22 1.680 2.037
2017-02-23 1.600 2.111
2017-01-25 1.600 2.392
2016-01-25 1.600 2.161
2015-02-26 1.200 1.792
2015-01-29 1.200 2.226
2014-01-29 1.000 2.308
2013-01-31 0.938 2.753
2012-02-01 0.938 3.407
2011-02-09 0.488 2.406
2010-01-19 0.750 4.333
2009-12-30 0.750 4.563

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bergbahnen Engelberg-Trübsee-Titlis's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bergbahnen Engelberg-Trübsee-Titlis's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bergbahnen Engelberg-Trübsee-Titlis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bergbahnen Engelberg-Trübsee-Titlis has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bergbahnen Engelberg-Trübsee-Titlis's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Norbert Patt
COMPENSATION CHF495,000
AGE 56
TENURE AS CEO 9.4 years
CEO Bio

Mr. Norbert Patt serves as the Chief Executive Officer Since November 2010 and Member of the Member of the Executive Board at Bergbahnen Engelberg-Truebsee-Titlis AG.

CEO Compensation
  • Norbert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Norbert's remuneration is lower than average for companies of similar size in Switzerland.
Management Team Tenure

Average tenure and age of the Bergbahnen Engelberg-Trübsee-Titlis management team in years:

6.5
Average Tenure
47
Average Age
  • The average tenure for the Bergbahnen Engelberg-Trübsee-Titlis management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Norbert Patt

TITLE
CEO & Member of the Executive Board
COMPENSATION
CHF495K
AGE
56
TENURE
9.4 yrs

Marco Leu

TITLE
CFO & Member of the Executive Board
AGE
32
TENURE
2.6 yrs

Peter Reinle

TITLE
Deputy-CEO
AGE
60
TENURE
8.3 yrs

Tobias Matter

TITLE
Sales Director & Member of the Executive Board
AGE
42
TENURE
8.3 yrs

Roland Wehrli

TITLE
Head of Operation
AGE
47
TENURE
2.9 yrs

Thomas Christen

TITLE
Head of Accounting

Christoph Forrer

TITLE
Head of the Technical Department
TENURE
4.7 yrs

Berit Abicht

TITLE
Head of Administration

Miriam Mathis

TITLE
Head of Human Ressources

Christoph Bissig

TITLE
Head of Slope & Rescue Department
Board of Directors Tenure

Average tenure and age of the Bergbahnen Engelberg-Trübsee-Titlis board of directors in years:

1.6
Average Tenure
55
Average Age
  • The average tenure for the Bergbahnen Engelberg-Trübsee-Titlis board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hans Wicki

TITLE
President of the Board of Directors
COMPENSATION
CHF117K
AGE
55

Martin Odermatt

TITLE
Vice Chairman of the Board
COMPENSATION
CHF49K
AGE
60
TENURE
1 yrs

Markus Thumiger

TITLE
Director
COMPENSATION
CHF41K
AGE
58
TENURE
8.1 yrs

Guido Zumbühl

TITLE
Director
COMPENSATION
CHF43K
AGE
57
TENURE
8.1 yrs

Dominique Gisin

TITLE
Member of the Board of Directors
COMPENSATION
CHF43K
AGE
34
TENURE
2.3 yrs

Patrick Zwyssig

TITLE
Director
COMPENSATION
CHF26K
AGE
49
TENURE
1 yrs

Chirs Baumgartner

TITLE
Director
COMPENSATION
CHF26K
AGE
44
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
X
Management checks
We assess Bergbahnen Engelberg-Trübsee-Titlis's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bergbahnen Engelberg-Trübsee-Titlis has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) ROE Can Tell Us

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each CHF1 of shareholders' equity it has, the company made CHF0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Investors Should Know About Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) Financial Strength

The direct benefit for Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is TIBN will have to adhere to stricter debt covenants and have less financial flexibility. … Is financial flexibility worth the lower cost of capital.

Simply Wall St -

Does Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) P/E Ratio Signal A Buying Opportunity?

We'll look at Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) P/E ratio and reflect on what it tells us about the company's share price. … Bergbahnen Engelberg-Trübsee-Titlis has a P/E ratio of 15.75, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

What Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) ROE Can Tell Us

By way of learning-by-doing, we'll look at ROE to gain a better understanding Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN). … One way to conceptualize this, is that for each CHF1 of shareholders' equity it has, the company made CHF0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Understanding Your Return On Investment In Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN)

and want to begin learning the link between Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN)’s return fundamentals and stock market performance. … Therefore, looking at how efficiently Bergbahnen Engelberg-Trübsee-Titlis is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).

Simply Wall St -

Does Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) PE Ratio Warrant A Sell?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind.

Simply Wall St -

Did Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN) Create Value For Investors Over The Past Year?

This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … View our latest analysis for Bergbahnen Engelberg-Trübsee-Titlis

Simply Wall St -

Want To Invest In Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN)? Here's How It Performed Lately

Today I will take a look at Bergbahnen Engelberg-Trübsee-Titlis AG's (VTX:TIBN) most recent earnings update (30 April 2018) and compare these latest figures against its performance over the past few years, as well as how the rest of the hospitality industry performed. … View out our latest analysis for Bergbahnen Engelberg-Trübsee-Titlis. … TIBN's trailing twelve-month earnings (from 30 April 2018) of CHF16.07m has

Simply Wall St -

Is Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN) A Smart Pick For Income Investors?

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … In the past 10 years Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN) has returned an average of 3.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether Bergbahnen Engelberg-Trübsee-Titlis should have a place in your portfolio.

Simply Wall St -

Bergbahnen Engelberg-Trübsee-Titlis AG (VTX:TIBN)'s Return on Capital

To understand Bergbahnen Engelberg-Trübsee-Titlis’s capital returns we will look at a useful metric called return on capital employed. … TIBN’s ROCE is calculated below: ROCE Calculation for TIBN Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = CHF17.64M ÷ (CHF167.58M - CHF15.45M) = 11.59% TIBN’s 11.59% ROCE means that for every CHF100 you invest, the company creates CHF11.6. … This shows Bergbahnen Engelberg-Trübsee-Titlis provides an uninspiring capital return that is slightly below the 15% ROCE that is typically considered to be a strong benchmark.

Simply Wall St -

Company Info

Description

Bergbahnen Engelberg-Trübsee-Titlis AG operates as a cableway and tourism company in Switzerland. It operates cableways and lift systems, restaurants, and shops, as well as Trübsee Alpine lodge, hotel TERRACE, and TITLIS resort in Engelberg. The company was founded in 1913 and is based in Engelberg, Switzerland.

Details
Name: Bergbahnen Engelberg-Trübsee-Titlis AG
TIBN
Exchange: SWX
Founded: 1913
CHF173,551,820
3,337,535
Website: http://www.titlis.ch
Address: Bergbahnen Engelberg-Trübsee-Titlis AG
Poststrasse 3,
Engelberg,
Obwalden, 6391,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX TIBN Nominal Shares SIX Swiss Exchange CH CHF 24. Aug 1999
BST 287 Nominal Shares Boerse-Stuttgart DE EUR 24. Aug 1999
LSE 0QKZ Nominal Shares London Stock Exchange GB CHF 24. Aug 1999
SWX 052704495 CHF0.04 SIX Swiss Exchange CH CHF 02. Apr 2020
Number of employees
Current staff
Staff numbers
332
Bergbahnen Engelberg-Trübsee-Titlis employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 22:04
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/28
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.