Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Alfen

DB:703
Snowflake Description

Exceptional growth potential with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
703
DB
€421M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and sells products, systems, and services related to the electricity grid. The last earnings update was 42 days ago. More info.


Add to Portfolio Compare Print
  • Alfen has significant price volatility in the past 3 months.
703 Share Price and Events
7 Day Returns
0.2%
DB:703
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
82.6%
DB:703
-8.2%
DE Electrical
-17.5%
DE Market
703 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alfen (703) 0.2% -21.9% 26.4% 82.6% - -
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 703 outperformed the Electrical industry which returned -8.2% over the past year.
  • 703 outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
703
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Alfen 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 Alfen 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 Alfen.

DB:703 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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:703
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.118 (1 + (1- 25%) (4.61%))
1.105
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.105 * 5.44%)
5.62%

Discounted Cash Flow Calculation for DB:703 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alfen 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:703 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.62%)
2020 0.00 Analyst x2 0.00
2021 7.00 Analyst x2 6.27
2022 13.50 Analyst x2 11.46
2023 25.00 Analyst x1 20.09
2024 33.00 Analyst x1 25.10
2025 38.81 Est @ 17.61% 27.95
2026 43.55 Est @ 12.21% 29.70
2027 47.22 Est @ 8.43% 30.49
2028 49.95 Est @ 5.78% 30.53
2029 51.92 Est @ 3.93% 30.04
Present value of next 10 years cash flows €211.00
DB:703 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €51.92 × (1 + -0.39%) ÷ (5.62% – -0.39%)
€860.15
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €860.15 ÷ (1 + 5.62%)10
€497.76
DB:703 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €211.00 + €497.76
€708.76
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €708.76 / 20.00
€35.44
DB:703 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:703 represents 0.99763x of ENXTAM:ALFEN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99763x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 35.44 x 0.99763
€35.35
Value per share (EUR) From above. €35.35
Current discount Discount to share price of €21.00
= -1 x (€21.00 - €35.35) / €35.35
40.6%

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

Current Discount
Amount off the current price Alfen is available for.
Intrinsic value
41%
Share price is €21 vs Future cash flow value of €35.35
Current Discount Checks
For Alfen to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alfen's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Alfen'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 Alfen's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alfen's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:703 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.28
ENXTAM:ALFEN Share Price ** ENXTAM (2020-03-31) in EUR €21.05
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

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

** Primary Listing of Alfen.

DB:703 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:ALFEN Share Price ÷ EPS (both in EUR)

= 21.05 ÷ 0.28

74.84x

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

  • Alfen is overvalued based on earnings compared to the DE Electrical industry average.
  • Alfen is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Alfen's expected growth come at a high price?
Raw Data
DB:703 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 74.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
52%per year
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

DB:703 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 74.84x ÷ 52%

1.44x

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

  • Alfen is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Alfen's assets?
Raw Data
DB:703 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €0.65
ENXTAM:ALFEN Share Price * ENXTAM (2020-03-31) in EUR €21.05
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:703 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:ALFEN Share Price ÷ Book Value per Share (both in EUR)

= 21.05 ÷ 0.65

32.27x

* Primary Listing of Alfen.

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

  • Alfen is overvalued based on assets compared to the DE Electrical industry average.
X
Value checks
We assess Alfen'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 Electrical 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 Electrical industry average (and greater than 0)? (1 check)
  5. Alfen has a total score of 2/6, 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 Alfen expected to perform in the next 1 to 3 years based on estimates from 2 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
52%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alfen expected to grow at an attractive rate?
  • Alfen's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Alfen's earnings growth is expected to exceed the Germany market average.
  • Alfen's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:703 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:703 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 52%
DB:703 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 20.9%
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:703 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:703 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 395 1
2023-12-31 314 1
2022-12-31 260 24 17 2
2021-12-31 199 16 14 2
2020-12-31 140 8 3 2
2020-04-01
DB:703 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 143 14 6
2019-09-30 132 7 3
2019-06-30 122 -1 1
2019-03-31 111 -1 0
2019-01-01 100 -2 0
2018-10-01 91 0 1
2018-06-30 82 2 2
2018-03-31 78 2 2
2017-12-31 73 1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alfen's earnings are expected to grow significantly at over 20% yearly.
  • Alfen's revenue is expected to grow significantly at over 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:703 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Alfen Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:703 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.84 0.98 0.70 2.00
2021-12-31 0.50 0.70 0.30 2.00
2020-12-31 0.10 0.39 -0.20 2.00
2020-04-01
DB:703 Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.28
2019-09-30 0.16
2019-06-30 0.03
2019-03-31 0.01
2019-01-01 -0.01
2018-10-01 0.05
2018-06-30 0.08
2018-03-31
2017-12-31 0.09

*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.
  • Alfen is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Alfen'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 Germany 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.
Alfen has a total score of 6/6, 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 Alfen 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 Alfen's growth in the last year to its industry (Electrical).
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.
  • Alfen has delivered over 20% year on year earnings growth in the past 5 years.
  • Alfen has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Alfen has become profitable in the last year making it difficult to compare the DE Electrical industry average.
Earnings and Revenue History
Alfen'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 Alfen Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:703 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 143.08 5.63 27.24
2019-09-30 132.45 3.14 26.05
2019-06-30 121.83 0.65 24.86
2019-03-31 111.00 0.19 22.08
2019-01-01 100.18 -0.26 19.30
2018-10-01 91.25 0.91 16.94
2018-06-30 82.32 2.09 14.59
2018-03-31 77.84 1.91 13.70
2017-12-31 73.37 1.72 12.82
2016-12-31 61.52 1.14 10.73
2015-12-31 50.55 0.98 8.26

*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.
  • Alfen made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Alfen used its assets more efficiently than the DE Electrical industry average last year based on Return on Assets.
  • Alfen has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alfen'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 Electrical 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.
Alfen has a total score of 4/6, 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 Alfen'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 Alfen's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alfen's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Alfen's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alfen'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 4.4x 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 Alfen Company Filings, last reported 3 months ago.

DB:703 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 13.05 11.12 0.13
2019-09-30 13.05 11.12 0.13
2019-06-30 8.28 21.78 0.23
2019-03-31 8.28 21.78 0.23
2019-01-01 6.94 17.29 0.85
2018-10-01 6.94 17.29 0.85
2018-06-30 7.13 8.41 2.09
2018-03-31 7.13 8.41 2.09
2017-12-31 6.81 3.09
2016-12-31 5.09 2.08 1.41
2015-12-31 3.95 1.35 1.34
  • Alfen's level of debt (85.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if Alfen's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (126.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11.1x coverage).
X
Financial health checks
We assess Alfen'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. Alfen has a total score of 3/6, 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 Alfen'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
0%
Current annual income from Alfen dividends. Estimated to be 0% next year.
If you bought €2,000 of Alfen shares you are expected to receive €0 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?
  • Unable to evaluate Alfen's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alfen's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:703 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 2 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:703 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.00 1.00
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-04-01

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

  • Unable to perform a dividend volatility check as Alfen has not reported any payouts.
  • Unable to verify if Alfen's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alfen's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alfen has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Alfen's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Alfen's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Alfen afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alfen has a total score of 0/6, 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 Alfen'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
Marco Roeleveld
COMPENSATION €320,000
AGE 57
CEO Bio

Mr. Marco Roeleveld serves as Chief Executive Officer and Chief Operations Officer of Alfen N.V. and has been its Member of the Management Board since November 2015. Mr. Roeleveld joined Alfen B.V. as a Managing Director in 1997. Prior to joining Alfen, he was Commercial Director of Hitec Power Protection in the Netherlands. He holds a master of science degree in business administration from the Technical University in Eindhoven, the Netherlands.

CEO Compensation
  • Marco's compensation has increased in line with Alfen recently becoming profitable.
  • Marco's remuneration is lower than average for companies of similar size in Germany.
Management Team

Marco Roeleveld

TITLE
CEO, COO & Member of the Management Board
COMPENSATION
€320K
AGE
57

Jeroen Rossen

TITLE
CFO & Member of the Management Board
COMPENSATION
€258K
AGE
46
TENURE
4.6 yrs

Adriaan Van Tets

TITLE
Director of Strategy & Communications

Richard Jongsma

TITLE
Chief Commercial Officer
AGE
51
TENURE
6.7 yrs
Board of Directors

Henk ten Hove

TITLE
Supervisory Board Chairman
COMPENSATION
€50K
AGE
67
TENURE
2.1 yrs

Edmond van der Arend

TITLE
Vice-Chairman of Supervisory Board
COMPENSATION
€30K
AGE
55

D. W. Riefel

TITLE
Member of Supervisory Board
AGE
53
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Alfen'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. Alfen 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

Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and sells products, systems, and services related to the electricity grid. The company offers smart grid solutions, including secondary transformer substations, devices for grid automation, and proprietary back-end systems for remote management and control of electricity grids, as well as micro-grids, grid connections, and supplementary offerings for greenhouse horticulture sector and solar PV farms. It also provides energy storage systems comprising modular energy storage systems for load balancing, peak shaving, grid frequency control, e-trading, micro-grids, and mobile power supply applications. In addition, the company offers smart and connected electric vehicle charging stations for use at home, office, and public locations, as well as online management platform for charging infrastructure and standardized solutions for smart charging, load balancing, and charging hubs. It operates primarily in the Netherlands, Belgium, the United Kingdom, France, Germany, Finland, Sweden, Norway, and rest of Europe. Alfen N.V. was founded in 1937 and is headquartered in Almere, the Netherlands.

Details
Name: Alfen N.V.
703
Exchange: DB
Founded: 1937
€421,000,000
20,000,000
Website: http://www.alfen.com
Address: Alfen N.V.
Hefbrugweg 28,
Almere,
Flevoland, 1332 AP,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM ALFEN Ordinary Shares Euronext Amsterdam NL EUR 22. Mar 2018
DB 703 Ordinary Shares Deutsche Boerse AG DE EUR 22. Mar 2018
Number of employees
Current staff
Staff numbers
497
Alfen employees.
Industry
Heavy Electrical Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 02:28
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.