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TAKKT

SWX:TTK
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TTK
SWX
€766M
Market Cap
  1. Home
  2. CH
  3. Retail
Company description

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. The last earnings update was 26 days ago. More info.


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TTK Share Price and Events
7 Day Returns
0%
SWX:TTK
0.9%
Europe Online Retail
-0%
CH Market
1 Year Returns
-20.7%
SWX:TTK
17.8%
Europe Online Retail
14.6%
CH Market
TTK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TAKKT (TTK) 0% 0% 0% -20.7% -36.2% -12.7%
Europe Online Retail 0.9% -4.7% 0.5% 17.8% 36% 81.8%
CH Market -0% 3.2% 5.4% 14.6% 22.7% 13.2%
1 Year Return vs Industry and Market
  • TTK underperformed the Online Retail industry which returned 17.8% over the past year.
  • TTK underperformed the Market in Switzerland which returned 14.6% over the past year.
Price Volatility
TTK
Industry
5yr Volatility vs Market

TTK Value

 Is TAKKT 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 TAKKT 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 TAKKT.

SWX:TTK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.1%
Perpetual Growth Rate 10-Year CH Government Bond Rate 3.3%

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:TTK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.644 (1 + (1- 30%) (27.64%))
1.645
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.64
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.28% + (1.645 * 5.96%)
13.08%

Discounted Cash Flow Calculation for SWX:TTK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TAKKT is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SWX:TTK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 13.08%)
2020 77.80 Analyst x3 68.80
2021 93.70 Analyst x2 73.28
2022 90.79 Est @ -3.11% 62.79
2023 89.70 Est @ -1.19% 54.87
2024 89.83 Est @ 0.15% 48.59
2025 90.81 Est @ 1.09% 43.44
2026 92.39 Est @ 1.74% 39.08
2027 94.43 Est @ 2.2% 35.33
2028 96.81 Est @ 2.52% 32.03
2029 99.47 Est @ 2.75% 29.10
Present value of next 10 years cash flows €487.00
SWX:TTK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €99.47 × (1 + 3.28%) ÷ (13.08% – 3.28%)
€1,047.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,047.99 ÷ (1 + 13.08%)10
€306.62
SWX:TTK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €487.00 + €306.62
€793.62
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €793.62 / 65.61
€12.1
SWX:TTK Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:TTK represents 1.17466x of XTRA:TTK
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.17466x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (EUR) x Listing Adjustment Factor
= € 12.10 x 1.17466
CHF14.21
Value per share (CHF) From above. CHF14.21
Current discount Discount to share price of CHF13.72
= -1 x (CHF13.72 - CHF14.21) / CHF14.21
3.4%

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

Current Discount
Amount off the current price TAKKT is available for.
Intrinsic value
3%
Share price is CHF13.72 vs Future cash flow value of CHF14.21
Current Discount Checks
For TAKKT to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • TAKKT's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • TAKKT's share price is below the future cash flow value, but not 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 TAKKT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TAKKT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:TTK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €1.31
XTRA:TTK Share Price ** XTRA (2019-11-19) in EUR €11.68
Europe Online Retail Industry PE Ratio Median Figure of 27 Publicly-Listed Online Retail Companies 18.29x
Switzerland Market PE Ratio Median Figure of 171 Publicly-Listed Companies 19.26x

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

** Primary Listing of TAKKT.

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

= XTRA:TTK Share Price ÷ EPS (both in EUR)

= 11.68 ÷ 1.31

8.93x

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

  • TAKKT is good value based on earnings compared to the Europe Online Retail industry average.
  • TAKKT is good value based on earnings compared to the Switzerland market.
Price based on expected Growth
Does TAKKT's expected growth come at a high price?
Raw Data
SWX:TTK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
5.6%per year
Europe Online Retail Industry PEG Ratio Median Figure of 17 Publicly-Listed Online Retail Companies 1.72x
Switzerland Market PEG Ratio Median Figure of 124 Publicly-Listed Companies 2.12x

*Line of best fit is calculated by linear regression .

SWX:TTK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.93x ÷ 5.6%

1.59x

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

  • TAKKT is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on TAKKT's assets?
Raw Data
SWX:TTK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €9.70
XTRA:TTK Share Price * XTRA (2019-11-19) in EUR €11.68
Europe Online Retail Industry PB Ratio Median Figure of 71 Publicly-Listed Online Retail Companies 2.31x
Switzerland Market PB Ratio Median Figure of 214 Publicly-Listed Companies 1.65x
SWX:TTK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:TTK Share Price ÷ Book Value per Share (both in EUR)

= 11.68 ÷ 9.70

1.2x

* Primary Listing of TAKKT.

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

  • TAKKT is good value based on assets compared to the Europe Online Retail industry average.
X
Value checks
We assess TAKKT'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 Online Retail 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 Online Retail industry average (and greater than 0)? (1 check)
  5. TAKKT 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.

TTK Future Performance

 How is TAKKT expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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
5.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TAKKT expected to grow at an attractive rate?
  • TAKKT's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • TAKKT's earnings growth is positive but not above the Switzerland market average.
  • TAKKT's revenue growth is positive but not above the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:TTK Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:TTK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 5.6%
SWX:TTK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 2.3%
Europe Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 26.6%
Europe Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 18.1%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 9.9%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*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:TTK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:TTK Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,339 1
2022-12-31 1,308 105 2
2021-12-31 1,255 106 84 4
2020-12-31 1,226 103 80 4
2019-12-31 1,212 101 77 4
2019-11-19
SWX:TTK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 1,228 131 86
2019-06-30 1,225 120 90
2019-03-31 1,214 98 89
2018-12-31 1,183 99 88
2018-09-30 1,150 86 97
2018-06-30 1,120 80 92
2018-03-31 1,105 98 91
2017-12-31 1,118 100 96
2017-09-30 1,130 108 78
2017-06-30 1,137 113 81
2017-03-31 1,141 115 90
2016-12-31 1,126 117 91

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TAKKT's earnings are expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
  • TAKKT's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).
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:TTK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from TAKKT Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:TTK Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.27 1.43 1.10 4.00
2020-12-31 1.22 1.39 1.13 4.00
2019-12-31 1.18 1.35 1.11 4.00
2019-11-19
SWX:TTK Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 1.31
2019-06-30 1.37
2019-03-31 1.36
2018-12-31 1.34
2018-09-30 1.47
2018-06-30 1.40
2018-03-31 1.38
2017-12-31 1.47
2017-09-30 1.19
2017-06-30 1.24
2017-03-31 1.37
2016-12-31 1.39

*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.
  • TAKKT is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess TAKKT'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.
TAKKT has a total score of 1/6, 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.

TTK Past Performance

  How has TAKKT 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 TAKKT's growth in the last year to its industry (Online Retail).
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.
  • TAKKT's year on year earnings growth rate has been positive over the past 5 years.
  • TAKKT's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • TAKKT's 1-year earnings growth is negative, it can't be compared to the Europe Online Retail industry average.
Earnings and Revenue History
TAKKT'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 TAKKT Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:TTK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,228.06 85.78 202.86
2019-06-30 1,224.56 89.78 198.76
2019-03-31 1,213.76 89.28 195.26
2018-12-31 1,183.06 88.08 191.06
2018-09-30 1,150.42 96.54 185.18
2018-06-30 1,119.92 91.94 182.58
2018-03-31 1,104.92 90.64 181.28
2017-12-31 1,117.52 96.34 181.28
2017-09-30 1,130.01 78.28 185.28
2017-06-30 1,137.01 81.28 186.08
2017-03-31 1,141.31 89.88 184.48
2016-12-31 1,126.21 91.38 181.78
2016-09-30 1,118.18 94.33 175.39
2016-06-30 1,113.28 91.63 173.39
2016-03-31 1,086.28 81.43 171.69
2015-12-31 1,064.68 81.03 169.09
2015-09-30 1,043.67 76.46 168.18
2015-06-30 1,015.67 73.96 165.88
2015-03-31 994.47 72.26 162.88
2014-12-31 980.77 65.66 161.78
2014-09-30 965.49 55.09 160.33
2014-06-30 954.49 54.29 158.73
2014-03-31 955.39 53.09 158.03
2013-12-31 952.59 52.49 157.33
2013-09-30 957.98 58.98 156.04
2013-06-30 965.98 60.58 156.14
2013-03-31 953.08 61.98 152.34
2012-12-31 939.98 66.98 146.74

*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.
  • TAKKT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • TAKKT used its assets more efficiently than the Europe Online Retail industry average last year based on Return on Assets.
  • TAKKT's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess TAKKT'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 Online Retail 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.
TAKKT 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.

TTK Health

 How is TAKKT'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 TAKKT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TAKKT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TAKKT's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TAKKT'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.
  • Debt is covered by short term assets, assets are 2.1x debt.
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 TAKKT Company Filings, last reported 1 month ago.

SWX:TTK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 636.30 211.80 4.30
2019-06-30 605.60 156.60 4.30
2019-03-31 651.90 190.60 3.70
2018-12-31 630.45 127.49 3.10
2018-09-30 603.50 180.30 3.70
2018-06-30 577.20 204.90 3.90
2018-03-31 580.40 157.40 6.20
2017-12-31 567.82 109.41 3.05
2017-09-30 542.00 145.70 4.30
2017-06-30 528.20 162.50 3.60
2017-03-31 559.80 155.10 3.60
2016-12-31 537.76 148.89 2.27
2016-09-30 498.90 187.60 4.20
2016-06-30 478.30 214.20 3.90
2016-03-31 482.70 213.20 8.10
2015-12-31 473.40 214.35 3.26
2015-09-30 447.80 265.00 4.50
2015-06-30 430.10 260.00 5.00
2015-03-31 430.10 261.80 15.90
2014-12-31 386.76 186.46 4.04
2014-09-30 368.00 235.70 6.70
2014-06-30 340.50 255.50 5.70
2014-03-31 349.00 263.10 3.50
2013-12-31 332.48 241.49 5.86
2013-09-30 331.80 289.30 4.80
2013-06-30 316.90 317.00 5.10
2013-03-31 329.10 321.70 7.20
2012-12-31 303.70 291.66 5.95
  • TAKKT's level of debt (20.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (54.1% vs 20.9% today).
  • Debt is well covered by operating cash flow (98.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 24x coverage).
X
Financial health checks
We assess TAKKT'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. TAKKT 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.

TTK Dividends

 What is TAKKT'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
4.71%
Current annual income from TAKKT dividends. Estimated to be 5.55% next year.
If you bought CHF2,000 of TAKKT shares you are expected to receive CHF94 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?
  • TAKKT's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (1.84%).
  • TAKKT's dividend is above the markets top 25% of dividend payers in Switzerland (3.6%).
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:TTK 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 4 Analyst Estimates (S&P Global) See Below
Europe Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.5%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 163 Stocks 2.9%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.2%
Switzerland Bottom 25% Dividend Yield 25th Percentile 1.8%
Switzerland Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

SWX:TTK Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.72 1.00
2021-12-31 0.65 4.00
2020-12-31 0.65 4.00
2019-12-31 0.63 4.00
2019-11-19
SWX:TTK Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-28 0.550 4.396
2018-03-22 0.550 3.634
2017-03-23 0.550 2.699
2016-05-10 0.500 2.473
2015-03-23 0.320 1.884
2014-05-06 0.320 2.334
2013-05-07 0.320 2.318
2012-07-31 0.320 3.025
2012-03-22 0.320 3.133
2012-02-24 0.320 2.928
2011-05-04 0.320 3.296
2010-03-22 0.320 3.383
2009-04-30 0.800 10.063
2009-01-02 0.800 11.455

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 TAKKT's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
X
Income/ dividend checks
We assess TAKKT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 TAKKT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TAKKT has a total score of 4/6, see the detailed checks below.


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

TTK Management

 What is the CEO of TAKKT'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
Felix Zimmermann
COMPENSATION €1,420,000
AGE 53
TENURE AS CEO 10.4 years
CEO Bio

Dr. Felix A. Zimmermann has been the Chairman of the Management Board and Chief Executive Officer of Takkt AG since June 01, 2009 and has been its Member of Management Board since May 1, 2008. Dr. Zimmermann serves as the Chief Executive Officer of K + K America Corporation at Takkt AG. He serves as Managing Director at KAISER + KRAFT Group. He served as Chief Operating Officer of K + K America Corporation at Takkt AG. since May 1, 2008. He served as the Chief Financial Officer of TAKKT AG from March 1999 to May 2004 and Head of Controlling & Finance until May 31, 2004. He served as the Chief Financial Officer of Celesio AG, a Division of Franz Haniel & Cie. GMBH from June 1, 2004 to May 2008 and also served as its Member of the Management Board. Dr. Zimmermann served as Member of Managing Board for TAKKT Division of Franz Haniel & Cie. Gmbh. of Takkt AG from March 1999 to May 31, 2004. Dr. Zimmermann served as Deputy Chairman of the Management Board at Takkt AG from May 1, 2008 to June 1, 2009.

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

Average tenure and age of the TAKKT management team in years:

8.3
Average Tenure
50
Average Age
  • The average tenure for the TAKKT management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Felix Zimmermann

TITLE
Chairman of the Management Board & CEO
COMPENSATION
€1M
AGE
53
TENURE
10.4 yrs

Claude Tomaszewski

TITLE
CFO & Member of Management Board
COMPENSATION
€943K
AGE
50
TENURE
8.3 yrs

Heiko Hegwein

TITLE
Member of Management Board
COMPENSATION
€893K
AGE
45
TENURE
1.8 yrs

Christian Warns

TITLE
Head of Investor Relations

Fabien Houri

TITLE
Head of Hubert - Canada

Kurt Chang

TITLE
Head of KAISER + KRAFT

Alfonso Del Campo

TITLE
Head of C&H Productos Industriales

Mine lu

TITLE
Head of Kaiser + Kraft Turkey

Dieter Schmitt

TITLE
Head of Human Resources of Topdeq Service

Michaela Epple

TITLE
Head of Human Resources - Kaiser + Kraft Europa
Board of Directors Tenure

Average tenure and age of the TAKKT board of directors in years:

3.8
Average Tenure
52.5
Average Age
  • The tenure for the TAKKT board of directors is about average.
Board of Directors

Florian Funck

TITLE
Chairman of the Supervisory Board
COMPENSATION
€53K
AGE
48
TENURE
0.5 yrs

Johannes Haupt

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€81K
AGE
58
TENURE
5.2 yrs

Thomas Kniehl

TITLE
Member of the Supervisory Board
COMPENSATION
€53K
AGE
54
TENURE
20.3 yrs

Dorothee Ritz

TITLE
Member of the Supervisory Board
COMPENSATION
€52K
AGE
51
TENURE
5.1 yrs

Christian Wendler

TITLE
Member of the Supervisory Board
COMPENSATION
€55K
AGE
57
TENURE
2.5 yrs

Thomas Schmidt

TITLE
Member of Supervisory Board
AGE
48
TENURE
0.5 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 TAKKT'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. TAKKT 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.

TTK News

Simply Wall St News

TTK Company Info

Description

TAKKT AG operates as a business to business direct marketing company for business equipment in Europe and North America. It offers pallet lifting trucks, universal cabinets, desk chairs, environmental cabinets, and containers for hazardous materials for transport, plant, warehouse, and office equipment; transport packaging solutions, such as collapsible boxes, package padding, shipping pallets, and stretch films; and serving platters and food baskets, as well as kitchen stoves and freezers. The company also provides lockers, heavy load racking, work benches, display systems, and printed advertising material for small and medium-sized corporate customers; signage, display stands, mobile trade booths, and fixtures for customized printed displays, advertising banners, and trade fair booths; and desk chairs, desks, conference tables, and furniture for reception areas for service companies, public institutions, government agencies, health care sector, schools, and churches. It offers its products through catalog, Internet, telephone, and field sales. The company was founded in 1945 and is headquartered in Stuttgart, Germany. TAKKT AG is a subsidiary of Franz Haniel & Cie. GmbH.

Details
Name: TAKKT AG
TTK
Exchange: SWX
Founded: 1945
€840,813,265
65,610,331
Website: http://www.takkt.de
Address: TAKKT AG
Presselstrasse 12,
Stuttgart,
Baden-Württemberg, 70191,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA TTK Bearer Shares XETRA Trading Platform DE EUR 16. Sep 1999
DB TTK Bearer Shares Deutsche Boerse AG DE EUR 16. Sep 1999
LSE 0GC8 Bearer Shares London Stock Exchange GB EUR 16. Sep 1999
SWX TTK Bearer Shares SIX Swiss Exchange CH CHF 16. Sep 1999
WBAG TTK Bearer Shares Wiener Boerse AG AT EUR 16. Sep 1999
BATS-CHIXE TTKD Bearer Shares BATS 'Chi-X Europe' GB EUR 16. Sep 1999
Number of employees
Current staff
Staff numbers
2,526
TAKKT employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 21:31
End of day share price update: 2019/11/19 00:00
Last estimates confirmation: 2019/10/25
Last earnings filing: 2019/10/24
Last earnings reported: 2019/09/30
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.