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Hunter Douglas

DB:HUD
Snowflake Description

Undervalued with excellent balance sheet and pays a dividend.

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

Hunter Douglas N.V. manufactures and sells window coverings and architectural products worldwide. The last earnings update was 8 days ago. More info.


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HUD Share Price and Events
7 Day Returns
1.4%
DB:HUD
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
-3.5%
DB:HUD
2.9%
DE Consumer Durables
8.8%
DE Market
HUD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hunter Douglas (HUD) 1.4% 0% 0% -3.5% 12.5% 73.3%
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
  • HUD underperformed the Consumer Durables industry which returned 2.9% over the past year.
  • HUD underperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
HUD
Industry
5yr Volatility vs Market

Value

 Is Hunter Douglas 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 Hunter Douglas 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 Hunter Douglas.

DB:HUD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.2%
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:HUD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
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- 25%) (32.17%))
1.007
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.007 * 5.96%)
6.23%

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

The calculations below outline how an intrinsic value for Hunter Douglas 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:HUD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.23%)
2020 457.55 Est @ 25.64% 430.70
2021 539.97 Est @ 18.01% 478.47
2022 608.42 Est @ 12.68% 507.50
2023 662.83 Est @ 8.94% 520.45
2024 704.78 Est @ 6.33% 520.92
2025 736.48 Est @ 4.5% 512.42
2026 760.18 Est @ 3.22% 497.88
2027 777.82 Est @ 2.32% 479.54
2028 790.98 Est @ 1.69% 459.05
2029 800.90 Est @ 1.25% 437.54
Present value of next 10 years cash flows $4,844.00
DB:HUD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $800.90 × (1 + 0.23%) ÷ (6.23% – 0.23%)
$13,369.38
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $13,369.38 ÷ (1 + 6.23%)10
$7,303.82
DB:HUD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4,844.00 + $7,303.82
$12,147.82
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $12,147.82 / 34.15
$355.74
DB:HUD Discount to Share Price
Calculation Result
Exchange Rate USD/EUR
(Reporting currency to currency of ENXTAM:HDG)
0.908
Value per Share
(EUR)
= Value per Share in USD x Exchange Rate (USD/EUR)
= $355.74 x 0.908
€323.05
Value per share (EUR) From above. €323.05
Current discount Discount to share price of €58.20
= -1 x (€58.20 - €323.05) / €323.05
82%

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

Current Discount
Amount off the current price Hunter Douglas is available for.
Intrinsic value
>50%
Share price is €58.2 vs Future cash flow value of €323.05
Current Discount Checks
For Hunter Douglas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hunter Douglas's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Hunter Douglas'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 Hunter Douglas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hunter Douglas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HUD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $7.78
ENXTAM:HDG Share Price ** ENXTAM (2019-11-14) in EUR €58.2
ENXTAM:HDG Share Price converted to USD reporting currency Exchange rate (EUR/ USD) 1.101 $64.09
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 Hunter Douglas.

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

= ENXTAM:HDG Share Price ÷ EPS (both in USD)

= 64.09 ÷ 7.78

8.24x

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

  • Hunter Douglas is good value based on earnings compared to the DE Consumer Durables industry average.
  • Hunter Douglas is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Hunter Douglas's expected growth come at a high price?
Raw Data
DB:HUD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.4%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 .

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

  • Unable to calculate PEG ratio for Hunter Douglas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hunter Douglas's assets?
Raw Data
DB:HUD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $45.72
ENXTAM:HDG Share Price * ENXTAM (2019-11-14) in EUR €58.2
ENXTAM:HDG Share Price converted to USD reporting currency Exchange rate (EUR/ USD) 1.101 $64.09
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:HUD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:HDG Share Price ÷ Book Value per Share (both in USD)

= 64.09 ÷ 45.72

1.4x

* Primary Listing of Hunter Douglas.

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

  • Hunter Douglas is good value based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Hunter Douglas'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. Hunter Douglas has a total score of 5/6, 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 Hunter Douglas expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Hunter Douglas, future earnings growth has been estimated based on fundamentals.
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
3.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hunter Douglas expected to grow at an attractive rate?
  • Hunter Douglas's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Hunter Douglas's earnings growth is positive but not above the Germany market average.
  • Unable to compare Hunter Douglas's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:HUD Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HUD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.4%
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:HUD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HUD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 3,532 491 271
2019-06-30 3,565 473 271
2019-03-31 3,599 417 270
2018-12-31 3,634 406 269
2018-09-30 3,596 373 256
2018-06-30 3,506 229 242
2018-03-31 3,341 210 217
2017-12-31 3,226 181 219
2017-09-30 3,106 239 271
2017-06-30 3,028 198 287
2017-03-31 2,934 203 284
2016-12-31 2,821 197 271

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hunter Douglas's earnings are expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Hunter Douglas is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:HUD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

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

DB:HUD Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 7.78
2019-06-30 7.79
2019-03-31 7.77
2018-12-31 7.73
2018-09-30 7.35
2018-06-30 6.96
2018-03-31 6.24
2017-12-31 6.29
2017-09-30 7.78
2017-06-30 8.24
2017-03-31 8.19
2016-12-31 7.79

*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 Hunter Douglas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hunter Douglas'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.
Hunter Douglas has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

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

Past Performance

  How has Hunter Douglas 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 Hunter Douglas'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.
  • Hunter Douglas's year on year earnings growth rate has been positive over the past 5 years.
  • Hunter Douglas's 1-year earnings growth is less than its 5-year average (5.9% vs 16.2%)
  • Hunter Douglas's earnings growth has exceeded the DE Consumer Durables industry average in the past year (5.9% vs -21.1%).
Earnings and Revenue History
Hunter Douglas'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 Hunter Douglas Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HUD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3,532.30 270.70 1,112.00
2019-06-30 3,565.00 271.40 1,143.50
2019-03-31 3,599.20 270.40 1,136.70
2018-12-31 3,634.00 269.00 1,147.00
2018-09-30 3,595.70 255.50 1,124.80
2018-06-30 3,505.80 242.20 1,108.50
2018-03-31 3,340.70 217.40 1,072.70
2017-12-31 3,226.00 219.00 1,028.00
2017-09-30 3,105.90 270.90 959.80
2017-06-30 3,027.50 286.80 925.30
2017-03-31 2,933.60 284.10 899.20
2016-12-31 2,821.00 271.00 870.00
2016-09-30 2,702.80 190.00 831.90
2016-06-30 2,598.20 162.30 828.40
2016-03-31 2,556.30 156.50 826.40
2015-12-31 2,552.00 156.00 840.00
2015-09-30 2,593.60 135.60 874.60
2015-06-30 2,631.20 137.70 882.80
2015-03-31 2,676.20 132.50 889.30
2014-12-31 2,695.00 125.00 894.00
2014-09-30 2,692.70 119.20 892.50
2014-06-30 2,677.00 111.90 893.60
2014-03-31 2,660.70 107.20 892.60
2013-12-31 2,636.00 107.00 893.00
2013-09-30 2,561.50 97.80 864.10
2013-06-30 2,608.00 103.10 883.00
2013-03-31 2,515.80 89.90 862.30
2012-12-31 2,588.00 101.00 888.00

*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.
  • Hunter Douglas has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hunter Douglas used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • Hunter Douglas has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hunter Douglas'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.
Hunter Douglas 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 Hunter Douglas'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 Hunter Douglas's finances.

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

DB:HUD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,603.40 606.60 38.80
2019-06-30 1,576.80 854.80 32.70
2019-03-31 1,581.40 863.30 18.20
2018-12-31 1,524.00 746.00 65.00
2018-09-30 1,442.30 851.00 34.80
2018-06-30 1,389.80 996.70 37.30
2018-03-31 1,451.90 1,056.10 47.40
2017-12-31 1,395.00 967.00 132.00
2017-09-30 1,363.30 1,050.30 103.50
2017-06-30 1,297.00 749.90 159.50
2017-03-31 1,306.60 687.20 160.70
2016-12-31 1,256.00 685.00 270.00
2016-09-30 1,154.00 776.60 239.50
2016-06-30 1,102.80 815.60 237.90
2016-03-31 1,097.50 507.40 216.50
2015-12-31 1,075.00 426.00 240.00
2015-09-30 1,024.50 504.00 220.40
2015-06-30 1,027.90 566.40 232.80
2015-03-31 1,021.10 573.70 219.10
2014-12-31 1,064.00 472.00 160.00
2014-09-30 1,121.70 401.70 24.00
2014-06-30 1,141.30 451.90 21.10
2014-03-31 1,147.20 446.20 35.90
2013-12-31 1,141.00 375.00 52.00
2013-09-30 1,141.30 457.60 33.30
2013-06-30 1,098.10 559.00 40.10
2013-03-31 1,094.50 574.00 64.90
2012-12-31 1,091.00 608.00 189.00
  • Hunter Douglas's level of debt (37.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (35.9% vs 37.8% today).
  • Debt is well covered by operating cash flow (81%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 16.5x coverage).
X
Financial health checks
We assess Hunter Douglas'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. Hunter Douglas 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 Hunter Douglas'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
3.4%
Current annual income from Hunter Douglas dividends.
If you bought €2,000 of Hunter Douglas shares you are expected to receive €68 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?
  • Hunter Douglas's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • Hunter Douglas's dividend is below 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:HUD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
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:HUD Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-25 2.181 3.305
2019-03-14 2.228 3.235
2018-03-07 2.077 2.966
2017-06-08 1.946 2.499
2016-06-08 1.556 2.771
2015-06-10 1.426 3.489
2014-06-11 1.316 3.502
2013-04-16 1.597 3.814
2013-03-13 1.597 4.006
2012-04-24 1.510 4.123
2012-03-14 1.628 3.949
2011-06-16 1.583 4.072
2010-03-11 1.433 3.124
2009-12-31 1.433 3.186
2009-03-11 1.392 3.954
2008-12-31 1.392 5.071

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 Hunter Douglas's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x 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 Hunter Douglas'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 Hunter Douglas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hunter Douglas 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 Hunter Douglas'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
Marko Sonnenberg
CEO Bio

Mr. Marko H. Sonnenberg serves as Co-President and Chief Executive Officer of Hunter Douglas NV. Mr. Sonnenberg served as the President of Turnits Group and Chief Operating Officer at Hunter Douglas NV.

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

Ralph Sonnenberg

TITLE
Executive Chairman

Marko Sonnenberg

TITLE
CEO & Co-President

David Sonnenberg

TITLE
CEO & Co-President

Leen Reijtenbagh

TITLE
CFO, VP & Secretary

Chris King

TITLE
VP & General Counsel

Aad Kuiper

TITLE
President & CEO of European Operations
AGE
59

G. Neoh

TITLE
President & CEO of Asian Operations

Renato Rocha

TITLE
President & CEO of Latin American Operations

Ron Kass

TITLE
President & CEO of North American Operations
AGE
62

Tony Politis

TITLE
Managing Director of Hunter Douglas Australia & New Zealand
Board of Directors

Ralph Sonnenberg

TITLE
Executive Chairman

J. Sherwin

TITLE
Director

F. Wagener

TITLE
Independent Director

Anthony Ruys

TITLE
Independent Director
AGE
72
TENURE
2.8 yrs

Adriaan Nühn

TITLE
Independent Director
AGE
66
TENURE
2.2 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 Hunter Douglas'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. Hunter Douglas 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

Hunter Douglas N.V. manufactures and sells window coverings and architectural products worldwide. It operates through Window Coverings, Architectural Products, and Metals Trading segments. The Window Coverings segment offers fabric and honeycomb shades, privacy sheers, and roman and roller shades for commercial and residential use. This segment also provides integrated and premium line of window covering styles, including Venetian and vertical blinds; Roman, roller, pleated, and woven wood shades; wood and alternative wood blinds; custom shutters; exterior Venetian blinds; sun screen blinds; shutters; and awnings. The Architectural Products segment offers architectural products comprising sun control solutions, suspended ceilings, terracotta façades, ventilated façade systems, and translucent architectural solutions primarily for commercial use. The Metals Trading segment trades in metals, primarily in contracts on bulk aluminum. The company offers its products primarily under the HunterDouglas, Luxaflex, Levolor, Hillarys, Duette, Silhouette, Vignette, Pirouette, Luminette, Sonnette, Facette, QuadroClad, Luxalon, NBK, Techstyle, and 3form brands. Hunter Douglas N.V. sells its products through a network of independent and 86 company-owned fabricators. The company was founded in 1919 and is headquartered in Rotterdam, the Netherlands.

Details
Name: Hunter Douglas N.V.
HUD
Exchange: DB
Founded: 1919
€1,987,409,002
34,147,921
Website: http://www.hunterdouglasgroup.com
Address: Hunter Douglas N.V.
2, Piekstraat,
Rotterdam,
Zuid-Holland, 3071 EL,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM HDG Ordinary Shares Euronext Amsterdam NL EUR 02. Jan 1992
OTCPK HDUG.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB HUD Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0LN5 Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE HDGA Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
24,000
Hunter Douglas employees.
Industry
Home Furnishings
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 20:34
End of day share price update: 2019/11/14 00:00
Last earnings filing: 2019/11/06
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.