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AST Groupe

DB:9NA
Snowflake Description

Very undervalued average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9NA
DB
€42M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

AST Groupe operates as a real estate developer in France. The last earnings update was 48 days ago. More info.


Add to Portfolio Compare Print
  • AST Groupe has significant price volatility in the past 3 months.
9NA Share Price and Events
7 Day Returns
-2.2%
DB:9NA
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
-51.1%
DB:9NA
2.9%
DE Consumer Durables
8.8%
DE Market
9NA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AST Groupe (9NA) -2.2% 3% -18.2% -51.1% - -
DE Consumer Durables -1.1% 3.5% 4.1% 2.9% -5.9% 11.6%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • 9NA underperformed the Consumer Durables industry which returned 2.9% over the past year.
  • 9NA underperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
9NA
Industry
5yr Volatility vs Market

Value

 Is AST Groupe 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 AST Groupe 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 AST Groupe.

DB:9NA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
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:9NA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.815 (1 + (1- 33%) (101.66%))
1.247
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.247 * 6.65%)
8.52%

Discounted Cash Flow Calculation for DB:9NA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for AST Groupe 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:9NA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.52%)
2020 4.00 Analyst x1 3.69
2021 5.50 Analyst x1 4.67
2022 6.62 Est @ 20.42% 5.18
2023 7.57 Est @ 14.36% 5.46
2024 8.34 Est @ 10.12% 5.54
2025 8.94 Est @ 7.15% 5.47
2026 9.39 Est @ 5.08% 5.30
2027 9.73 Est @ 3.62% 5.06
2028 9.98 Est @ 2.6% 4.78
2029 10.17 Est @ 1.89% 4.49
Present value of next 10 years cash flows €49.00
DB:9NA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €10.17 × (1 + 0.23%) ÷ (8.52% – 0.23%)
€122.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €122.91 ÷ (1 + 8.52%)10
€54.25
DB:9NA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €49.00 + €54.25
€103.25
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €103.25 / 12.89
€8.01
DB:9NA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:9NA represents 0.94689x of ENXTPA:ASP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.94689x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 8.01 x 0.94689
€7.58
Value per share (EUR) From above. €7.58
Current discount Discount to share price of €3.12
= -1 x (€3.12 - €7.58) / €7.58
58.9%

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

Current Discount
Amount off the current price AST Groupe is available for.
Intrinsic value
>50%
Share price is €3.12 vs Future cash flow value of €7.58
Current Discount Checks
For AST Groupe to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AST Groupe's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • AST Groupe'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 AST Groupe's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AST Groupe's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:9NA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.25
ENXTPA:ASP Share Price ** ENXTPA (2019-11-14) in EUR €3.3
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 17.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

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

** Primary Listing of AST Groupe.

DB:9NA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ASP Share Price ÷ EPS (both in EUR)

= 3.3 ÷ 0.25

13.14x

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

  • AST Groupe is good value based on earnings compared to the DE Consumer Durables industry average.
  • AST Groupe is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does AST Groupe's expected growth come at a high price?
Raw Data
DB:9NA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
35.5%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.97x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

DB:9NA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.14x ÷ 35.5%

0.37x

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

  • AST Groupe is good value based on expected growth next year.
Price based on value of assets
What value do investors place on AST Groupe's assets?
Raw Data
DB:9NA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €2.53
ENXTPA:ASP Share Price * ENXTPA (2019-11-14) in EUR €3.3
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:9NA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ASP Share Price ÷ Book Value per Share (both in EUR)

= 3.3 ÷ 2.53

1.3x

* Primary Listing of AST Groupe.

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

  • AST Groupe is good value based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess AST Groupe'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. AST Groupe has a total score of 6/6, 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 AST Groupe expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
35.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AST Groupe expected to grow at an attractive rate?
  • AST Groupe's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • AST Groupe's earnings growth is expected to exceed the Germany market average.
  • AST Groupe's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:9NA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:9NA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 35.5%
DB:9NA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -2.3%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:9NA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:9NA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 203 6 1
2020-12-31 205 5 1
2019-12-31 211 2 1
2019-11-14
DB:9NA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 215 0 3
2019-03-31 220 -1 6
2018-12-31 225 -1 8
2018-09-30 222 5 10
2018-06-30 219 12 11
2018-03-31 196 16 10
2017-12-31 174 20 9
2017-09-30 156 17 7
2017-06-30 138 15 5
2017-03-31 132 13 5
2016-12-31 126 10 4
2016-09-30 121 8 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AST Groupe's earnings are expected to grow significantly at over 20% yearly.
  • AST Groupe's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:9NA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from AST Groupe Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9NA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.48 0.48 0.48 1.00
2020-12-31 0.38 0.38 0.38 1.00
2019-12-31 0.17 0.17 0.17 1.00
2019-11-14
DB:9NA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.25
2019-03-31 0.44
2018-12-31 0.62
2018-09-30 0.76
2018-06-30 0.90
2018-03-31 0.80
2017-12-31 0.70
2017-09-30 0.57
2017-06-30 0.43
2017-03-31 0.37
2016-12-31 0.31
2016-09-30 0.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if AST Groupe will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess AST Groupe'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.
AST Groupe has a total score of 3/6, 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 AST Groupe 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 AST Groupe's growth in the last year to its industry (Consumer Durables).
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.
  • AST Groupe has delivered over 20% year on year earnings growth in the past 5 years.
  • AST Groupe's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • AST Groupe's 1-year earnings growth is negative, it can't be compared to the DE Consumer Durables industry average.
Earnings and Revenue History
AST Groupe'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 AST Groupe Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9NA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 214.65 3.25 39.23
2019-03-31 220.00 5.63 39.93
2018-12-31 225.35 8.02 40.63
2018-09-30 222.03 9.66 45.58
2018-06-30 218.72 11.29 50.53
2018-03-31 196.37 10.08 46.51
2017-12-31 174.02 8.86 42.49
2017-09-30 156.04 7.16 38.99
2017-06-30 138.07 5.45 35.48
2017-03-31 131.81 4.67 34.92
2016-12-31 125.55 3.89 34.36
2016-09-30 120.71 3.17 33.83
2016-06-30 115.87 2.44 33.30
2016-03-31 110.46 1.97 32.43
2015-12-31 105.05 1.51 31.57
2015-09-30 103.22 1.49 31.15
2015-06-30 101.39 1.46 30.73
2015-03-31 105.45 1.11 31.59
2014-12-31 109.50 0.76 32.45
2014-09-30 110.09 0.23 33.39
2014-06-30 110.68 -0.29 34.34
2014-03-31 109.51 0.04 35.29
2013-12-31 108.34 0.36 36.25
2013-09-30 111.38 1.54 36.99
2013-06-30 114.42 2.72 37.73
2013-03-31 120.14 3.71 38.35
2012-12-31 125.86 4.70 38.97

*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.
  • AST Groupe has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • AST Groupe used its assets less efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • AST Groupe has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess AST Groupe'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 Consumer Durables 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.
AST Groupe has a total score of 2/6, see the detailed checks below.

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

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

Health

 How is AST Groupe'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 AST Groupe's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AST Groupe is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AST Groupe's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AST Groupe'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 2.8x 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 AST Groupe Company Filings, last reported 4 months ago.

DB:9NA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 32.52 35.21 32.47
2019-03-31 32.52 35.21 32.47
2018-12-31 35.71 31.36 34.18
2018-09-30 35.71 31.36 34.18
2018-06-30 32.22 24.44 34.08
2018-03-31 32.22 24.44 34.08
2017-12-31 35.10 22.41 37.79
2017-09-30 35.10 22.41 37.79
2017-06-30 29.27 15.90 20.90
2017-03-31 29.27 15.90 20.90
2016-12-31 28.41 18.31 19.45
2016-09-30 28.41 18.31 19.45
2016-06-30 25.99 19.32 13.19
2016-03-31 25.99 19.32 13.19
2015-12-31 26.88 18.51 13.01
2015-09-30 26.88 18.51 13.01
2015-06-30 25.74 19.89 11.41
2015-03-31 25.74 19.89 11.41
2014-12-31 27.57 17.11 15.46
2014-09-30 27.57 17.11 15.46
2014-06-30 26.70 9.25 8.36
2014-03-31 26.70 9.25 8.36
2013-12-31 29.09 12.36 10.34
2013-09-30 29.09 12.36 10.34
2013-06-30 29.48 12.33 10.37
2013-03-31 29.48 12.33 10.37
2012-12-31 30.93 12.61 16.44
  • AST Groupe's level of debt (108.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (35% vs 108.3% today).
  • Debt is not well covered by operating cash flow (0.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 48.1x coverage).
X
Financial health checks
We assess AST Groupe'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. AST Groupe 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 AST Groupe'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
7.59%
Current annual income from AST Groupe dividends. Estimated to be 7.59% next year.
If you bought €2,000 of AST Groupe shares you are expected to receive €152 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?
  • AST Groupe's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • AST Groupe's dividend is above the markets top 25% of dividend payers in Germany (3.68%).
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:9NA 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 1 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:9NA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.25 1.00
2020-12-31 0.25 1.00
2019-12-31 0.25 1.00
2019-11-14
DB:9NA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-05-02 0.250 6.624
2019-03-27 0.250 5.894
2018-05-02 0.250 3.364
2017-04-28 0.190 2.233
2016-04-28 0.190 4.581
2015-04-30 0.190 6.887
2014-04-29 0.188 7.702
2013-04-26 0.168 6.235
2013-04-04 0.168 5.252
2012-04-18 0.124 3.631
2012-04-05 0.124 3.024
2011-04-27 0.083 2.445
2011-04-06 0.083 2.205
2010-08-26 0.083 2.467
2010-05-17 0.083 2.698
2009-07-22 0.091 2.807
2008-12-31 0.091 3.934

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of AST Groupe's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess AST Groupe's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 AST Groupe afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AST Groupe 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 AST Groupe'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
Alain Tur
COMPENSATION €217,800
TENURE AS CEO 19.5 years
CEO Bio

Mr. Alain Tur is a Co-Founder of AST Groupe and has been its Chairman and Chief Executive Officer since May 17, 2000. Mr. Tur served as President and Managing Director of AST Groupe.

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

Alain Tur

TITLE
Co-Founder
COMPENSATION
€218K
TENURE
19.5 yrs

Sylvain Tur

TITLE
Co-Founder
COMPENSATION
€212K

Olivier Lamy

TITLE
Deputy Chief Executive Officer and Administrative & Financial Director
COMPENSATION
€197K
TENURE
6 yrs

Laurent Deroussin

TITLE
Commercial and Marketing Director
Board of Directors

Alain Tur

TITLE
Co-Founder
COMPENSATION
€218K
TENURE
19.5 yrs

Sylvain Tur

TITLE
Co-Founder
COMPENSATION
€212K

Jérôme Gacoin

TITLE
Independent Director

Martine Collonge

TITLE
Independent Director
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 AST Groupe'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. AST Groupe 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

AST Groupe operates as a real estate developer in France. The company engages in the development and construction of houses and apartments, as well as develops land. The company’s projects include individual houses, homes, timber frame houses, detached houses, and club house villas. It also provides valuation, feasibility study, planning proposal, and encryption and consultation studies, as well as funding, kitchen and interior fitting, and franchise services. The company was founded in 1993 and is based in Décines-Charpieu, France.

Details
Name: AST Groupe
9NA
Exchange: DB
Founded: 1993
€42,478,494
12,891,804
Website: http://www.ast-groupe.fr
Address: AST Groupe
78, rue Elisée Reclus,
Décines-Charpieu,
Rhône-Alpes, 69150,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ASP Ordinary Shares Euronext Paris FR EUR 28. Jul 2000
DB 9NA Ordinary Shares Deutsche Boerse AG DE EUR 28. Jul 2000
LSE 0J2S Ordinary Shares London Stock Exchange GB EUR 28. Jul 2000
BATS-CHIXE ASPP Ordinary Shares BATS 'Chi-X Europe' GB EUR 28. Jul 2000
Number of employees
Current staff
Staff numbers
678
AST Groupe employees.
Industry
Homebuilding
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 22:02
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/09/25
Last earnings filing: 2019/09/27
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.