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Bossard Holding

DB:0B7
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0B7
DB
CHF1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Bossard Holding AG distributes fasteners, and provides related engineering and logistics services in Europe, the Americas, and Asia. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
0B7 Share Price and Events
7 Day Returns
0%
DB:0B7
-4.6%
DE Trade Distributors
-0.6%
DE Market
1 Year Returns
-21%
DB:0B7
-18.3%
DE Trade Distributors
-5.5%
DE Market
0B7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bossard Holding (0B7) 0% 0% 1% -21% 14.9% 64.2%
DE Trade Distributors -4.6% 5.6% 5.9% -18.3% -7.5% 5.1%
DE Market -0.6% 4.9% 0.9% -5.5% 7.9% 14.2%
1 Year Return vs Industry and Market
  • 0B7 underperformed the Trade Distributors industry which returned -18.3% over the past year.
  • 0B7 underperformed the Market in Germany which returned -5.5% over the past year.
Price Volatility
0B7
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Bossard Holding's competitors could be found in our database.

Value

 Is Bossard Holding 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 Bossard Holding 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 Bossard Holding.

DB:0B7 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:0B7
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.899 (1 + (1- 18%) (22.08%))
1.042
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.042 * 5.96%)
6.44%

Discounted Cash Flow Calculation for DB:0B7 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bossard Holding 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.

DB:0B7 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CHF, Millions) Source Present Value
Discounted (@ 6.44%)
2020 47.20 Analyst x3 44.35
2021 62.73 Analyst x3 55.38
2022 74.20 Est @ 18.28% 61.54
2023 83.75 Est @ 12.86% 65.26
2024 91.34 Est @ 9.07% 66.87
2025 97.21 Est @ 6.42% 66.86
2026 101.64 Est @ 4.56% 65.68
2027 104.96 Est @ 3.26% 63.73
2028 107.43 Est @ 2.35% 61.28
2029 109.27 Est @ 1.71% 58.56
Present value of next 10 years cash flows CHF609.00
DB:0B7 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CHF109.27 × (1 + 0.23%) ÷ (6.44% – 0.23%)
CHF1,764.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CHF1,764.22 ÷ (1 + 6.44%)10
CHF945.54
DB:0B7 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CHF609.00 + CHF945.54
CHF1,554.54
Equity Value per Share
(CHF)
= Total value / Shares Outstanding
= CHF1,554.54 / 7.62
CHF203.94
DB:0B7 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0B7 represents 1.00742x of SWX:BOSN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00742x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 203.94 x 1.00742
€205.45
Value per share (EUR) From above. €205.45
Current discount Discount to share price of €135.70
= -1 x (€135.70 - €205.45) / €205.45
34%

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

Current Discount
Amount off the current price Bossard Holding is available for.
Intrinsic value
34%
Share price is €135.7 vs Future cash flow value of €205.45
Current Discount Checks
For Bossard Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bossard Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bossard Holding'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 Bossard Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bossard Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0B7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CHF CHF9.96
SWX:BOSN Share Price ** SWX (2019-06-28) in CHF CHF134.7
Germany Trade Distributors Industry PE Ratio Median Figure of 9 Publicly-Listed Trade Distributors Companies 14.85x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.29x

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

** Primary Listing of Bossard Holding.

DB:0B7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 134.7 ÷ 9.96

13.52x

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

  • Bossard Holding is good value based on earnings compared to the DE Trade Distributors industry average.
  • Bossard Holding is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Bossard Holding's expected growth come at a high price?
Raw Data
DB:0B7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
3.3%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 34 Publicly-Listed Trade Distributors Companies 1.95x
Germany Market PEG Ratio Median Figure of 266 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

DB:0B7 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.52x ÷ 3.3%

4.07x

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

  • Bossard Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bossard Holding's assets?
Raw Data
DB:0B7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CHF CHF38.26
SWX:BOSN Share Price * SWX (2019-06-28) in CHF CHF134.7
Germany Trade Distributors Industry PB Ratio Median Figure of 11 Publicly-Listed Trade Distributors Companies 1.29x
Germany Market PB Ratio Median Figure of 596 Publicly-Listed Companies 1.72x
DB:0B7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 134.7 ÷ 38.26

3.52x

* Primary Listing of Bossard Holding.

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

  • Bossard Holding is overvalued based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Bossard Holding'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Bossard Holding 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 Bossard Holding expected to perform in the next 1 to 3 years based on estimates from 6 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
3.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bossard Holding expected to grow at an attractive rate?
  • Bossard Holding's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Bossard Holding's earnings growth is positive but not above the Germany market average.
  • Bossard Holding's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0B7 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0B7 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 3.3%
DB:0B7 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 3%
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 11.1%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*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
DB:0B7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0B7 Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 999 1
2022-12-31 962 1
2021-12-31 922 89 76 6
2020-12-31 892 91 73 6
2019-12-31 873 86 70 6
2019-09-25
DB:0B7 Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2019-06-30 876 66 76
2019-03-31 873 62 80
2018-12-31 871 59 83
2018-09-30 854 56 83
2018-06-30 837 53 82
2018-03-31 812 65 80
2017-12-31 786 77 78
2017-09-30 766 85 76
2017-06-30 747 93 74
2017-03-31 721 89 68
2016-12-31 695 85 61
2016-09-30 679 79 58

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bossard Holding's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
  • Bossard Holding's revenue is expected to grow by 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
DB:0B7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Bossard Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0B7 Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 10.02 10.34 9.27 5.00
2020-12-31 9.55 10.10 9.04 5.00
2019-12-31 9.13 9.42 8.81 5.00
2019-09-25
DB:0B7 Past Financials Data
Date (Data in CHF Millions) EPS *
2019-06-30 9.96
2019-03-31 10.46
2018-12-31 10.95
2018-09-30 10.89
2018-06-30 10.83
2018-03-31 10.58
2017-12-31 10.33
2017-09-30 10.07
2017-06-30 9.80
2017-03-31 8.92
2016-12-31 8.04
2016-09-30 7.64

*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.
  • Bossard Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Bossard Holding'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 Germany 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.
Bossard Holding has a total score of 2/6, 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 Bossard Holding 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 Bossard Holding's growth in the last year to its industry (Trade Distributors).
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.
  • Bossard Holding's year on year earnings growth rate has been positive over the past 5 years.
  • Bossard Holding's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Bossard Holding's 1-year earnings growth is negative, it can't be compared to the DE Trade Distributors industry average.
Earnings and Revenue History
Bossard Holding'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 Bossard Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0B7 Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 875.71 76.00 171.66
2019-03-31 873.39 79.72 169.31
2018-12-31 871.07 83.44 166.95
2018-09-30 854.20 82.92 165.22
2018-06-30 837.33 82.40 163.49
2018-03-31 811.75 80.45 159.80
2017-12-31 786.18 78.50 156.10
2017-09-30 766.38 76.48 152.78
2017-06-30 746.58 74.46 149.46
2017-03-31 720.80 67.73 145.30
2016-12-31 695.02 60.99 141.14
2016-09-30 679.27 57.89 138.00
2016-06-30 663.53 54.79 134.87
2016-03-31 659.92 53.89 133.63
2015-12-31 656.31 52.98 132.39
2015-09-30 645.61 53.14 130.22
2015-06-30 634.91 53.30 128.05
2015-03-31 626.34 54.98 126.19
2014-12-31 617.76 56.66 124.33
2014-09-30 620.68 57.80 117.20
2014-06-30 623.60 58.94 110.07
2014-03-31 614.66 57.45 114.54
2013-12-31 605.72 55.96 119.02
2013-09-30 567.72 53.22 127.05
2013-06-30 529.72 50.49 135.08
2013-03-31 500.45 46.98 128.49
2012-12-31 471.17 43.46 121.89
2012-09-30 464.34 42.50 120.49

*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.
  • Bossard Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Bossard Holding used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Bossard Holding's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bossard Holding'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 Trade Distributors 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.
Bossard Holding has a total score of 3/6, 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 Bossard Holding'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 Bossard Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bossard Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bossard Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bossard Holding'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 Bossard Holding Company Filings, last reported 2 months ago.

DB:0B7 Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 294.63 226.69 38.47
2019-03-31 294.63 226.69 38.47
2018-12-31 309.65 162.76 32.60
2018-09-30 309.65 162.76 32.60
2018-06-30 280.45 187.22 27.44
2018-03-31 280.45 187.22 27.44
2017-12-31 263.96 144.59 20.57
2017-09-30 263.96 144.59 20.57
2017-06-30 217.51 178.77 27.56
2017-03-31 217.51 178.77 27.56
2016-12-31 207.64 181.28 22.51
2016-09-30 207.64 181.28 22.51
2016-06-30 189.09 189.01 24.07
2016-03-31 189.09 189.01 24.07
2015-12-31 186.19 177.75 29.92
2015-09-30 186.19 177.75 29.92
2015-06-30 150.34 197.08 16.62
2015-03-31 150.34 197.08 16.62
2014-12-31 210.60 123.29 25.42
2014-09-30 210.60 123.29 25.42
2014-06-30 175.65 136.17 18.43
2014-03-31 175.65 136.17 18.43
2013-12-31 167.30 126.61 25.45
2013-09-30 167.30 126.61 25.45
2013-06-30 144.91 149.32 19.29
2013-03-31 144.91 149.32 19.29
2012-12-31 51.86 227.81 25.63
2012-09-30 51.86 227.81 25.63
  • Bossard Holding's level of debt (76.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (77.3% vs 76.9% today).
  • Debt is well covered by operating cash flow (29%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 77.4x coverage).
X
Financial health checks
We assess Bossard Holding'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. Bossard Holding has a total score of 5/6, 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 Bossard Holding'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
3.34%
Current annual income from Bossard Holding dividends. Estimated to be 3.2% next year.
If you bought €2,000 of Bossard Holding shares you are expected to receive €67 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?
  • Bossard Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.4%).
  • Bossard Holding's dividend is below the markets top 25% of dividend payers in Germany (3.93%).
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
DB:0B7 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 6 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:0B7 Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 4.45 6.00
2020-12-31 4.28 6.00
2019-12-31 4.22 6.00
2019-09-25
DB:0B7 Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-03-06 4.500 3.084
2018-03-07 4.200 2.340
2017-02-27 3.300 1.575
2016-03-02 3.000 2.448
2015-03-04 3.000 2.885
2014-03-06 3.000 2.816
2013-02-06 2.875 3.431
2013-01-15 2.875 3.861
2012-03-07 3.000 4.780
2011-02-16 3.000 4.838
2010-03-01 0.750 1.708
2009-03-02 1.600 6.192

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 Bossard Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Bossard Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Bossard Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bossard Holding 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.

Management

 What is the CEO of Bossard Holding'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
Daniel Bossard
AGE 49
TENURE AS CEO 0.4 years
CEO Bio

Mr. Daniel Bossard has been Chief Executive Officer of Bossard Holding AG since April 2019. Mr. Bossard served as the Chief Executive Officer of North & Eastern Europe at Bossard Holding AG since January 1, 2009 to 2018. Mr. Bossard has been Managing Director of Bossard Switzerland since January 1, 2009 and is responsible for the region North and Eastern Europe. From 2006 to 2008, he served as Sales & Marketing Manager of the Bossard Group and responsible for the re-orientation of the sales strategy as well as the development of international customer relationship. From 2003 to 2006, Mr. Bossard served as Chief Executive Officer of Bossard Denmark. He started at the Bossard Group in 2000 as e-Business Manager. Before that, he served as Consultant for Andersen Consulting (Accenture) for two and half year. Mr. Bossard serves as Member of the board of directors of the Kolin Holding AG, Zug. Mr. Bossard graduated in Business Administration and conferral of a doctorate from the University of St. Gallen (Dr.oec.HSG, Technology Management).

CEO Compensation
  • Insufficient data for Daniel to compare compensation growth.
  • Insufficient data for Daniel to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Bossard Holding management team in years:

10.3
Average Tenure
54
Average Age
  • The average tenure for the Bossard Holding management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Daniel Bossard

TITLE
Chief Executive Officer
AGE
49
TENURE
0.4 yrs

Stephan Zehnder

TITLE
Group Chief Financial Officer
AGE
54
TENURE
14.7 yrs

Tee Bin Ong

TITLE
Vice President of Sales & Marketing

Frank Hilgers

TITLE
Group Chief Category Officer and CEO of Northern & Eastern Europe
AGE
53
TENURE
4.7 yrs

Andreas Bertaggia

TITLE
VP & Head of Global Supply Chain Management
AGE
50
TENURE
0.5 yrs

Beat Grob

TITLE
CEO of Central Europe
AGE
57
TENURE
13.3 yrs

Steen Hansen

TITLE
CEO of America
AGE
60
TENURE
11.6 yrs

Robert Ang

TITLE
CEO of Asia
AGE
56
TENURE
10.3 yrs
Board of Directors Tenure

Average tenure and age of the Bossard Holding board of directors in years:

5.7
Average Tenure
52
Average Age
  • The tenure for the Bossard Holding board of directors is about average.
Board of Directors

Thomas Schmuckli-Grob

TITLE
Chairman
COMPENSATION
CHF401K
AGE
56
TENURE
12.4 yrs

Anton Lauber

TITLE
Deputy Chairman
COMPENSATION
CHF160K
AGE
68
TENURE
8.7 yrs

Stefan Michel

TITLE
Non-Executive Director
COMPENSATION
CHF163K
AGE
52
TENURE
8.7 yrs

René Cotting

TITLE
Director
COMPENSATION
CHF163K
AGE
49
TENURE
4.7 yrs

David Dean

TITLE
Director
COMPENSATION
CHF1M
AGE
60
TENURE
0.4 yrs

Maria Vacalli

TITLE
Director
COMPENSATION
CHF163K
AGE
48
TENURE
6.7 yrs

Martin Kühn

TITLE
Director
COMPENSATION
CHF110K
AGE
43
TENURE
1.4 yrs

Patricia Heidtman

TITLE
Director
TENURE
0.7 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 (€) Value (€)
X
Management checks
We assess Bossard Holding'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. Bossard Holding 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

Company Info

Description

Bossard Holding AG distributes fasteners, and provides related engineering and logistics services in Europe, the Americas, and Asia. The company offers socket products; hex head screws and flange bolts; nuts and inserts; bolts and plugs; slotted, cross recessed, assembled, self-tapping, self-drilling, thread forming, and wood screws; machine screws, threaded rods, slotted set screws, and hose clamps; washers and securing elements; pins, rivets, and keys; stainless steel and other material fasteners; coatings; and standard machine elements. It also provides cold extruded, turned, milled, stamped, and bent parts, as well as special surface treatments or coating; and inventory management solutions. The company was founded in 1831 and is headquartered in Zug, Switzerland.

Details
Name: Bossard Holding AG
0B7
Exchange: DB
Founded: 1831
CHF946,795,481
7,622,567
Website: http://www.bossard.com
Address: Bossard Holding AG
Steinhauserstrasse 70,
Zug,
6300,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX BOSN Bearer Shares SIX Swiss Exchange CH CHF 01. Jan 1992
DB 0B7 Bearer Shares Deutsche Boerse AG DE EUR 01. Jan 1992
LSE 0QS5 Bearer Shares London Stock Exchange GB CHF 01. Jan 1992
Number of employees
Current staff
Staff numbers
2,517
Bossard Holding employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/25 22:14
End of day share price update: 2019/06/28 00:00
Last estimates confirmation: 2019/08/28
Last earnings filing: 2019/08/22
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.