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nebag ag

SWX:NBEN
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NBEN
SWX
CHF75M
Market Cap
  1. Home
  2. CH
  3. Diversified Financials
Company description

nebag ag is a principal investment firm. It prefers to invest in non-listed "blue chips" and listed "small and mid-cap" companies headquartered in Switzerland. The last earnings update was 220 days ago. More info.


Add to Portfolio Compare Print
  • nebag ag is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • nebag ag has significant price volatility in the past 3 months.
NBEN Share Price and Events
7 Day Returns
1.2%
SWX:NBEN
16.6%
CH Capital Markets
10.7%
CH Market
1 Year Returns
-21.9%
SWX:NBEN
-25.5%
CH Capital Markets
-5.9%
CH Market
NBEN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
nebag ag (NBEN) 1.2% -13.7% -19.6% -21.9% -21.9% -22.6%
CH Capital Markets 16.6% -18.3% -29.8% -25.5% -39.1% -54.5%
CH Market 10.7% -7.3% -13.9% -5.9% 2.6% -1.1%
1 Year Return vs Industry and Market
  • NBEN outperformed the Capital Markets industry which returned -25.5% over the past year.
  • NBEN underperformed the Market in Switzerland which returned -5.9% over the past year.
Price Volatility
NBEN
Industry
5yr Volatility vs Market

Value

 Is nebag ag 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 nebag ag 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 nebag ag.

SWX:NBEN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= CHF10.03 * 10.4%
CHF1.04
Book Value of Equity per Share Median Book Value from the past 5 years. CHF10.03
Discount Rate (Cost of Equity) See below 4%
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:NBEN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate -0.6%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.757 (1 + (1- 18%) (0%))
0.837
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.55% + (0.837 * 5.44%)
4%

Discounted Cash Flow Calculation for SWX:NBEN using Excess Returns Model Model

The calculations below outline how an intrinsic value for nebag ag is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

SWX:NBEN Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.4% – 4%) * CHF10.03)
CHF0.64
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CHF0.64 / (4% - -0.55%)
CHF14.04
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CHF10.03 + CHF14.04
CHF24.07
SWX:NBEN Discount to Share Price
Calculation Result
Value per share (CHF) From above. CHF24.07
Current discount Discount to share price of CHF8.20
= -1 x (CHF8.20 - CHF24.07) / CHF24.07
65.9%

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

Current Discount
Amount off the current price nebag ag is available for.
Intrinsic value
>50%
Share price is CHF8.2 vs Future cash flow value of CHF24.07
Current Discount Checks
For nebag ag to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • nebag ag's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • nebag ag's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 nebag ag's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are nebag ag's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:NBEN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CHF CHF-0.12
SWX:NBEN Share Price ** SWX (2020-03-31) in CHF CHF8.2
Switzerland Capital Markets Industry PE Ratio Median Figure of 13 Publicly-Listed Capital Markets Companies 16.85x
Switzerland Market PE Ratio Median Figure of 175 Publicly-Listed Companies 16.61x

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

** Primary Listing of nebag ag.

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

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

= 8.2 ÷ -0.12

-67.72x

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

  • nebag ag is loss making, we can't compare its value to the CH Capital Markets industry average.
  • nebag ag is loss making, we can't compare the value of its earnings to the Switzerland market.
Price based on expected Growth
Does nebag ag's expected growth come at a high price?
Raw Data
SWX:NBEN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -67.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Switzerland Capital Markets Industry PEG Ratio Median Figure of 9 Publicly-Listed Capital Markets Companies 1.13x
Switzerland Market PEG Ratio Median Figure of 125 Publicly-Listed Companies 1.69x

*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 nebag ag, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on nebag ag's assets?
Raw Data
SWX:NBEN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CHF CHF9.93
SWX:NBEN Share Price * SWX (2020-03-31) in CHF CHF8.2
Switzerland Capital Markets Industry PB Ratio Median Figure of 16 Publicly-Listed Capital Markets Companies 0.93x
Switzerland Market PB Ratio Median Figure of 216 Publicly-Listed Companies 1.33x
SWX:NBEN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 8.2 ÷ 9.93

0.83x

* Primary Listing of nebag ag.

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

  • nebag ag is good value based on assets compared to the CH Capital Markets industry average.
X
Value checks
We assess nebag ag'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. nebag ag 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 nebag ag 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 nebag ag 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
5.9%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is nebag ag expected to grow at an attractive rate?
  • Unable to compare nebag ag's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare nebag ag's earnings growth to the Switzerland market average as no estimate data is available.
  • Unable to compare nebag ag's revenue growth to the Switzerland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SWX:NBEN Future Growth Rates Data Sources
Data Point Source Value (per year)
Switzerland Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
Switzerland Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 1.8%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 8.7%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 2.3%

*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:NBEN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 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:NBEN Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2019-06-30 6 5 -1
2019-03-31 6 4 0
2018-12-31 6 3 1
2018-09-30 4 1 5
2018-06-30 2 -1 10
2018-03-31 2 0 11
2017-12-31 2 1 12
2017-09-30 2 1 14
2017-06-30 2 2 16
2017-03-31 3 2 13
2016-12-31 3 2 10
2016-09-30 3 1 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if nebag ag is high growth as no earnings estimate data is available.
  • Unable to determine if nebag ag 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:NBEN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from nebag ag Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:NBEN Past Financials Data
Date (Data in CHF Millions) EPS *
2019-06-30 -0.12
2019-03-31 0.01
2018-12-31 0.15
2018-09-30 0.60
2018-06-30 1.04
2018-03-31 1.16
2017-12-31 1.27
2017-09-30 1.51
2017-06-30 1.74
2017-03-31 1.43
2016-12-31 1.13
2016-09-30 0.68

*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 nebag ag will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether nebag ag is trading at nebag ag'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. nebag ag'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 Diversified Financials companies here
  3. nebag ag'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 nebag ag'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 Switzerland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Switzerland 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.
nebag ag 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 nebag ag performed over the past 5 years?

  • nebag ag's last earnings update was 220 days ago.
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 nebag ag's growth in the last year to its industry (Capital Markets).
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.
  • nebag ag does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare nebag ag's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare nebag ag's 1-year growth to the CH Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
nebag ag'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 nebag ag Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:NBEN Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 5.79 -1.11 0.75
2019-03-31 5.66 0.13 0.73
2018-12-31 5.54 1.37 0.71
2018-09-30 3.77 5.44 0.70
2018-06-30 2.00 9.50 0.69
2018-03-31 2.03 10.57 0.70
2017-12-31 2.05 11.64 0.72
2017-09-30 2.20 13.75 0.71
2017-06-30 2.36 15.87 0.70
2017-03-31 2.73 13.09 0.71
2016-12-31 3.11 10.32 0.73
2016-09-30 3.27 6.21 0.74
2016-06-30 3.43 2.10 0.76
2016-03-31 3.21 2.32 0.77
2015-12-31 2.99 2.54 0.79
2015-09-30 2.77 1.89 0.75
2015-06-30 2.56 1.25 0.71
2015-03-31 2.51 3.42 0.71
2014-12-31 2.46 5.59 0.71
2014-09-30 3.01 8.00 0.74
2014-06-30 3.56 10.41 0.78
2014-03-31 3.48 8.23 0.70
2013-12-31 3.40 6.05 0.63
2013-09-30 2.96 5.82 0.57
2013-06-30 2.51 5.60 0.52

*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.
  • It is difficult to establish if nebag ag has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if nebag ag has efficiently used its assets last year compared to the CH Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if nebag ag improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess nebag ag'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 Capital Markets 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.
nebag ag has a total score of 0/6, 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 nebag ag'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 nebag ag's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • nebag ag is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • nebag ag's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of nebag ag'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.
  • Low level of unsold assets.
  • nebag ag 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 nebag ag Company Filings, last reported 9 months ago.

SWX:NBEN Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 90.68 0.00 78.99
2019-03-31 90.68 0.00 78.99
2018-12-31 90.91 0.00 72.89
2018-09-30 90.91 0.00 72.89
2018-06-30 96.34 0.00 85.91
2018-03-31 96.34 0.00 85.91
2017-12-31 96.85 0.00 66.97
2017-09-30 96.85 0.00 66.97
2017-06-30 94.02 0.00 72.05
2017-03-31 94.02 0.00 72.05
2016-12-31 91.59 0.00 65.25
2016-09-30 91.59 0.00 65.25
2016-06-30 84.64 0.00 62.76
2016-03-31 84.64 0.00 62.76
2015-12-31 86.72 0.00 58.55
2015-09-30 86.72 0.00 58.55
2015-06-30 87.99 0.00 59.22
2015-03-31 87.99 0.00 59.22
2014-12-31 82.49 0.00 54.77
2014-09-30 82.49 0.00 54.77
2014-06-30 84.42 0.00 54.43
2014-03-31 84.42 0.00 54.43
2013-12-31 82.20 0.00 57.07
2013-09-30 82.20 0.00 57.07
2013-06-30 80.27 0.00 50.43
  • nebag ag has no debt.
  • nebag ag has not taken on any debt in the past 5 years.
  • nebag ag has no debt, it does not need to be covered by operating cash flow.
  • nebag ag has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess nebag ag'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. nebag ag 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 nebag ag'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
6.1%
Current annual income from nebag ag dividends.
If you bought CHF2,000 of nebag ag shares you are expected to receive CHF122 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?
  • nebag ag's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2.11%).
  • nebag ag's dividend is above the markets top 25% of dividend payers in Switzerland (4.26%).
Upcoming dividend payment

Purchase nebag ag before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:NBEN 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
Switzerland Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5.7%
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 4.3%

Industry and Market average data is calculated daily.

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

SWX:NBEN Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-04-05 0.500 5.032
2018-04-06 0.800 7.246
2017-04-13 0.700 6.470
2016-04-15 0.600 5.980
2015-04-07 0.700 7.209
2014-04-02 0.700 6.903
2013-04-05 1.000 10.176
2012-03-27 1.000 9.736
2011-03-21 1.200 11.407
2010-03-01 1.000 9.660

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 fallen over the past 10 years.
Current Payout to shareholders
What portion of nebag ag's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 nebag ag'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 nebag ag afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. nebag ag has a total score of 2/6, 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 nebag ag'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.
  • nebag ag has no CEO, or we have no data on them.
Management Team

Petra Gössi

TITLE
Head of Administration
Board of Directors

Martin Wipfli

TITLE
President of the Board of Directors
COMPENSATION
CHF287K
AGE
56

Markus Eberle

TITLE
Vice Chairman of the Board of Directors
AGE
55

Walter Häusermann

TITLE
Member of the Board of Directors
AGE
54
TENURE
16.2 yrs

Kuno Kennel

TITLE
Member of the Board of Directors
AGE
50
TENURE
7.2 yrs

Urs Ledermann

TITLE
Member of the Board of Directors
AGE
64
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 nebag ag'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. nebag ag 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

Who Owns nebag ag (VTX:NBEN)?

In this analysis, my focus will be on developing a perspective on nebag ag’s (VTX:NBEN) latest ownership structure, a less discussed, but important factor. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Therefore, it is beneficial for us to examine NBEN's ownership structure in more detail.

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Should You Be Tempted To Buy nebag ag (VTX:NBEN) At Its Current PE Ratio?

This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to better understand how you can grow your money by investing in nebag ag (VTX:NBEN). … While NBEN might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

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Is It Time To Buy nebag ag (VTX:NBEN) Based Off Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for NBEN Price per share = CHF12 Earnings per share = CHF1.275 ∴ Price-Earnings Ratio = CHF12 ÷ CHF1.275 = 9.4x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared higher growth firms with NBEN, then NBEN’s P/E would naturally be lower since investors would reward its peers’ higher growth with a higher price. … Alternatively, if you inadvertently compared less risky firms with NBEN, NBEN’s P/E would again be lower since investors would reward its peers’ lower risk with a higher price as well.

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nebag ag's (VTX:NBEN) Earnings Grew 12.80%, Did It Beat Long-Term Trend?

Examining nebag ag's (SWX:NBEN) past track record of performance is a useful exercise for investors. … Given that these figures are somewhat short-term thinking, I’ve created an annualized five-year value for nebag ag's net income, which stands at CHF5.94M This means that, on average, nebag ag has been able to gradually raise its profits over the last few years as well. … This shows that any tailwind the industry is benefiting from, nebag ag has not been able to gain as much as its average peer.What does this mean?

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Should You Be Holding nebag ag (VTX:NBEN) Right Now?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … NBEN's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … Therefore, this is a type of risk which is associated with higher beta.

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Who Are nebag ag's (VTX:NBEN) Major Shareholders?

Although NBEN has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … Private Company Ownership Another important group of owners for potential investors in NBEN are private companies that hold a stake of 15.33% in NBEN. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: NBEN's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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Company Info

Description

nebag ag is a principal investment firm. It prefers to invest in non-listed "blue chips" and listed "small and mid-cap" companies headquartered in Switzerland. The firm specializes in mezzanine investments. nebag ag was founded in 1996 and is headquartered in Zurich, Switzerland.

Details
Name: nebag ag
NBEN
Exchange: SWX
Founded: 1996
CHF74,865,991
9,129,999
Website: http://www.nebag.ch
Address: nebag ag
General Guisan-Quai 36,
Zurich,
Zurich, 8002,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX NBEN Nominal Shares SIX Swiss Exchange CH CHF 02. Apr 1997
LSE 0QO5 Nominal Shares London Stock Exchange GB CHF 02. Apr 1997
Number of employees
Current staff
Staff numbers
0
nebag ag employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 23:54
End of day share price update: 2020/03/31 00:00
Last earnings filing: 2019/08/24
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.