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.

WASGAU Produktions & Handels

DB:MSH
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MSH
DB
€96M
Market Cap
  1. Home
  2. DE
  3. Consumer Retailing
Company description

WASGAU Produktions & Handels AG engages in the food retail business. The last earnings update was 17 days ago. More info.


Add to Portfolio Compare Print
MSH Share Price and Events
7 Day Returns
0%
DB:MSH
3.4%
Europe Consumer Retailing
-0.6%
DE Market
1 Year Returns
-17.1%
DB:MSH
-6.6%
Europe Consumer Retailing
-20.9%
DE Market
MSH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
WASGAU Produktions & Handels (MSH) 0% -2.7% - -17.1% -21.4% 38.4%
Europe Consumer Retailing 3.4% -4.7% -7.3% -6.6% -9.2% -19.8%
DE Market -0.6% -20% -26.3% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • MSH underperformed the Consumer Retailing industry which returned -6.6% over the past year.
  • MSH outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
MSH
Industry
5yr Volatility vs Market

MSH Value

 Is WASGAU Produktions & Handels 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 WASGAU Produktions & Handels 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 WASGAU Produktions & Handels.

DB:MSH 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 5.8%
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:MSH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.48
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.483 (1 + (1- 30%) (210.86%))
1.132
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.132 * 5.44%)
5.77%

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

The calculations below outline how an intrinsic value for WASGAU Produktions & Handels 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:MSH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.77%)
2020 26.64 Est @ 55.18% 25.19
2021 36.90 Est @ 38.51% 32.99
2022 46.81 Est @ 26.84% 39.56
2023 55.54 Est @ 18.67% 44.38
2024 62.74 Est @ 12.95% 47.40
2025 68.35 Est @ 8.95% 48.83
2026 72.56 Est @ 6.15% 49.00
2027 75.59 Est @ 4.19% 48.27
2028 77.72 Est @ 2.81% 46.92
2029 79.16 Est @ 1.85% 45.18
Present value of next 10 years cash flows €427.00
DB:MSH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €79.16 × (1 + -0.39%) ÷ (5.77% – -0.39%)
€1,280.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,280.58 ÷ (1 + 5.77%)10
€730.95
DB:MSH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €427.00 + €730.95
€1,157.95
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,157.95 / 6.60
€175.45
DB:MSH Discount to Share Price
Calculation Result
Value per share (EUR) From above. €175.45
Current discount Discount to share price of €14.50
= -1 x (€14.50 - €175.45) / €175.45
91.7%

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

Current Discount
Amount off the current price WASGAU Produktions & Handels is available for.
Intrinsic value
>50%
Share price is €14.5 vs Future cash flow value of €175.45
Current Discount Checks
For WASGAU Produktions & Handels to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • WASGAU Produktions & Handels's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • WASGAU Produktions & Handels'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 WASGAU Produktions & Handels's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are WASGAU Produktions & Handels's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:MSH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.43
DB:MSH Share Price ** DB (2020-03-27) in EUR €14.5
Europe Consumer Retailing Industry PE Ratio Median Figure of 39 Publicly-Listed Consumer Retailing Companies 17.37x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of WASGAU Produktions & Handels.

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

= DB:MSH Share Price ÷ EPS (both in EUR)

= 14.5 ÷ 0.43

33.79x

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

  • WASGAU Produktions & Handels is overvalued based on earnings compared to the Europe Consumer Retailing industry average.
  • WASGAU Produktions & Handels is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does WASGAU Produktions & Handels's expected growth come at a high price?
Raw Data
DB:MSH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 33.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Consumer Retailing Industry PEG Ratio Median Figure of 25 Publicly-Listed Consumer Retailing Companies 1.09x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.18x

*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 WASGAU Produktions & Handels, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on WASGAU Produktions & Handels's assets?
Raw Data
DB:MSH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €12.97
DB:MSH Share Price * DB (2020-03-27) in EUR €14.5
Europe Consumer Retailing Industry PB Ratio Median Figure of 50 Publicly-Listed Consumer Retailing Companies 1.32x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:MSH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:MSH Share Price ÷ Book Value per Share (both in EUR)

= 14.5 ÷ 12.97

1.12x

* Primary Listing of WASGAU Produktions & Handels.

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

  • WASGAU Produktions & Handels is good value based on assets compared to the Europe Consumer Retailing industry average.
X
Value checks
We assess WASGAU Produktions & Handels'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 Retailing 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 Retailing industry average (and greater than 0)? (1 check)
  5. WASGAU Produktions & Handels has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

MSH Future Performance

 How is WASGAU Produktions & Handels expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as WASGAU Produktions & Handels has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
16.9%
Expected Consumer Retailing industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is WASGAU Produktions & Handels expected to grow at an attractive rate?
  • Unable to compare WASGAU Produktions & Handels's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare WASGAU Produktions & Handels's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare WASGAU Produktions & Handels's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:MSH Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 16.9%
Europe Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:MSH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:MSH Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-05
DB:MSH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 545 33 3
2019-09-30 544 27 3
2019-06-30 542 21 2
2019-03-31 544 19 3
2018-12-31 546 18 3
2018-09-30 547 17 4
2018-06-30 547 15 4
2018-03-31 546 18 5
2017-12-31 544 20 6
2017-09-30 543 21 7
2017-06-30 542 23 7
2017-03-31 538 23 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if WASGAU Produktions & Handels is high growth as no earnings estimate data is available.
  • Unable to determine if WASGAU Produktions & Handels 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:MSH 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 0 Analyst Estimates (S&P Global) See Below

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

DB:MSH Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-05
DB:MSH Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.43
2019-09-30 0.39
2019-06-30 0.36
2019-03-31 0.41
2018-12-31 0.47
2018-09-30 0.55
2018-06-30 0.63
2018-03-31 0.78
2017-12-31 0.93
2017-09-30 1.00
2017-06-30 1.07
2017-03-31 1.10

*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 WASGAU Produktions & Handels will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether WASGAU Produktions & Handels is trading at WASGAU Produktions & Handels'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. WASGAU Produktions & Handels's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Retailing companies here
  3. WASGAU Produktions & Handels's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess WASGAU Produktions & Handels's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
WASGAU Produktions & Handels has a total score of 0/6, 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.

MSH Past Performance

  How has WASGAU Produktions & Handels 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 WASGAU Produktions & Handels's growth in the last year to its industry (Consumer Retailing).
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.
  • WASGAU Produktions & Handels's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • WASGAU Produktions & Handels's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • WASGAU Produktions & Handels's 1-year earnings growth is negative, it can't be compared to the Europe Consumer Retailing industry average.
Earnings and Revenue History
WASGAU Produktions & Handels'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 WASGAU Produktions & Handels Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MSH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 545.27 2.83 112.21
2019-09-30 543.54 2.61 119.39
2019-06-30 541.81 2.38 126.68
2019-03-31 544.15 2.73 126.26
2018-12-31 546.49 3.09 125.73
2018-09-30 546.71 3.60 125.14
2018-06-30 546.94 4.12 124.56
2018-03-31 545.70 5.11 123.44
2017-12-31 544.47 6.11 122.32
2017-09-30 543.42 6.59 120.55
2017-06-30 542.37 7.06 118.77
2017-03-31 537.78 7.27 117.51
2016-12-31 533.18 7.48 116.25
2016-09-30 530.14 6.48 124.45
2016-06-30 523.24 5.66 114.48
2016-03-31 524.04 5.71 113.89
2015-12-31 513.07 2.60 112.66
2015-09-30 506.26 2.72 110.55
2015-06-30 498.89 1.99 110.49
2015-03-31 495.33 2.09 108.73
2014-12-31 490.50 0.99 108.95
2014-09-30 487.01 2.45 106.91
2014-06-30 483.77 2.50 106.18
2014-03-31 475.78 1.61 105.67
2013-12-31 476.25 1.68 105.30
2013-09-30 477.06 1.33 104.96
2013-06-30 477.52 1.15 104.67

*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.
  • WASGAU Produktions & Handels has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • WASGAU Produktions & Handels used its assets less efficiently than the Europe Consumer Retailing industry average last year based on Return on Assets.
  • WASGAU Produktions & Handels's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess WASGAU Produktions & Handels'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 Retailing 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.
WASGAU Produktions & Handels has a total score of 1/6, 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.

MSH Health

 How is WASGAU Produktions & Handels'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 WASGAU Produktions & Handels's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • WASGAU Produktions & Handels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • WASGAU Produktions & Handels's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of WASGAU Produktions & Handels'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 1.5x 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 WASGAU Produktions & Handels Company Filings, last reported 3 months ago.

DB:MSH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 86.61 57.23 21.28
2019-09-30 86.61 57.23 21.28
2019-06-30 84.75 184.72 14.64
2019-03-31 84.75 184.72 14.64
2018-12-31 85.14 55.18 22.49
2018-09-30 85.14 55.18 22.49
2018-06-30 83.08 61.00 10.76
2018-03-31 83.08 61.00 10.76
2017-12-31 83.71 51.00 17.80
2017-09-30 83.71 51.00 17.80
2017-06-30 80.68 56.22 8.19
2017-03-31 80.68 56.22 8.19
2016-12-31 79.41 50.73 16.23
2016-09-30 79.41 50.73 16.23
2016-06-30 75.29 60.12 8.67
2016-03-31 75.29 60.12 8.67
2015-12-31 72.61 58.79 17.23
2015-09-30 71.39 67.83 8.71
2015-06-30 70.18 71.99 13.90
2015-03-31 69.16 76.34 11.48
2014-12-31 70.57 68.39 22.50
2014-09-30 70.09 75.62 8.82
2014-06-30 69.63 79.40 12.15
2014-03-31 68.51 82.03 11.56
2013-12-31 71.03 76.13 24.49
2013-09-30 68.69 75.65 3.26
2013-06-30 68.20 72.04 3.81
  • WASGAU Produktions & Handels's level of debt (66.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (96.9% vs 66.1% today).
  • Debt is well covered by operating cash flow (57%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess WASGAU Produktions & Handels'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. WASGAU Produktions & Handels 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.

MSH Dividends

 What is WASGAU Produktions & Handels'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
0.83%
Current annual income from WASGAU Produktions & Handels dividends.
If you bought €2,000 of WASGAU Produktions & Handels shares you are expected to receive €17 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?
  • WASGAU Produktions & Handels's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.71%).
  • WASGAU Produktions & Handels's dividend is below the markets top 25% of dividend payers in Germany (4.85%).
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:MSH 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
Europe Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 3.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
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 4.9%

Industry and Market average data is calculated daily.

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

DB:MSH Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-04-05
DB:MSH Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-27 0.120 0.828
2019-03-29 0.120 0.750
2018-03-22 0.240 1.342
2017-03-23 0.240 1.134
2016-03-18 0.120 0.960
2015-03-25 0.120 1.139
2014-03-31 0.120 1.185
2013-04-02 0.120 1.164
2012-08-09 0.130 1.939
2012-03-30 0.130 1.832
2011-03-25 0.170 2.471
2010-03-01 0.170 2.680

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

  • WASGAU Produktions & Handels is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • WASGAU Produktions & Handels is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of WASGAU Produktions & Handels's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of WASGAU Produktions & Handels's dividends as it is not paying a notable one for Germany.
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 WASGAU Produktions & Handels'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 WASGAU Produktions & Handels afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. WASGAU Produktions & Handels 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.

MSH Management

 What is the CEO of WASGAU Produktions & Handels'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
Niko Johns
TENURE AS CEO 4.3 years
CEO Bio

Mr. Niko Johns has been Chairman of The Management Board at WASGAU Produktions & Handels AG since January 1, 2016 and has been its Member since March 1, 2015. Mr. Johns serves as Head of Personnel, Finance, Accounting, Controlling/Revision, Compliance, Legal, Investor Relations and Online Activities at WASGAU Produktions & Handels AG .

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

Niko Johns

TITLE
Chair of Management Board and Head of Personnel
TENURE
4.3 yrs

Eugen Heim

TITLE
Member of the Management Board
Board of Directors

Martin Küssner

TITLE
Chairman of the Supervisory Board
TENURE
4.3 yrs

Mario Sontheimer

TITLE
Vice-Chairman of The Supervisory Board

Peter Hornbach

TITLE
Vice-Chairman of the Supervisory Board

Roland Pelka

TITLE
Member of Supervisory Board

Christian Hornbach

TITLE
Member of Supervisory Board

Thomas Gampfer

TITLE
Member of the Supervisory Board

Brigitte Jung

TITLE
Member of the Supervisory Board

Lionel Souque

TITLE
Member of Supervisory Board
AGE
48

Hanno Rieger

TITLE
Member of Supervisory Board

Ramona Hingst

TITLE
Employee Representative Member of the Supervisory Board
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 WASGAU Produktions & Handels'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. WASGAU Produktions & Handels 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.

MSH News

Simply Wall St News

Does WASGAU Produktions & Handels (FRA:MSH) Have A Healthy Balance Sheet?

Check out our latest analysis for WASGAU Produktions & Handels What Is WASGAU Produktions & Handels's Debt? … DB:MSH Historical Debt, August 21st 2019 How Healthy Is WASGAU Produktions & Handels's Balance Sheet? … But it is WASGAU Produktions & Handels's earnings that will influence how the balance sheet holds up in the future.

Simply Wall St -

Should You Worry About WASGAU Produktions & Handels AG’s (FRA:MSH) ROCE?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for WASGAU Produktions & Handels: 0.044 = €6.5m ÷ (€198m - €52m) (Based on the trailing twelve months to December 2018.) Therefore, WASGAU Produktions & Handels has an ROCE of 4.4%. … WASGAU Produktions & Handels's Current Liabilities And Their Impact On Its ROCE Short term (or current) liabilities, are things like supplier invoices, overdrafts, or tax bills that need to be paid within 12 months. … WASGAU Produktions & Handels has total assets of €198m and current liabilities of €52m.

Simply Wall St -

WASGAU Produktions & Handels (FRA:MSH) Shareholders Booked A 67% Gain In The Last Five Years

For example, long term WASGAU Produktions & Handels AG (FRA:MSH) shareholders have enjoyed a 67% share price rise over the last half decade, well in excess of the market return of around 13% (not including dividends). … Over half a decade, WASGAU Produktions & Handels managed to grow its earnings per share at 13% a year. … We note that for WASGAU Produktions & Handels the TSR over the last 5 years was 76%, which is better than the share price return mentioned above.

Simply Wall St -

Don't Sell WASGAU Produktions & Handels AG (FRA:MSH) Before You Read This

We'll look at WASGAU Produktions & Handels AG's (FRA:MSH) P/E ratio and reflect on what it tells us about the company's share price. … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for WASGAU Produktions & Handels: P/E of 36.16 = €16.9 ÷ €0.47 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good? … DB:MSH Price Estimation Relative to Market, May 23rd 2019 Its relatively high P/E ratio indicates that WASGAU Produktions & Handels shareholders think it will perform better than other companies in its industry classification.

Simply Wall St -

Is WASGAU Produktions & Handels AG's (FRA:MSH) ROE Of 3.7% Concerning?

Our data shows WASGAU Produktions & Handels has a return on equity of 3.7% for the last year. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.037 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Are WASGAU Produktions & Handels AG's (FRA:MSH) Interest Costs Too High?

While small-cap stocks, such as WASGAU Produktions & Handels AG (FRA:MSH) with its market cap of €116m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … The following basic checks can help you get a picture of the company's balance sheet strength.

Simply Wall St -

Does WASGAU Produktions & Handels's Share Price Gain of 72% Match Its Business Performance?

For example, long term WASGAU Produktions & Handels AG (FRA:MSH) shareholders have enjoyed a 72% share price rise over the last half decade, well in excess of the market return of around 23%. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Over half a decade, WASGAU Produktions & Handels managed to grow its earnings per share at 14% a year.

Simply Wall St -

Investors In WASGAU Produktions & Handels AG (FRA:MSH) Should Consider This Data

Historically, WASGAU Produktions & Handels AG (FRA:MSH) has paid dividends to shareholders, and these days it yields 1.3%. … Let's dig deeper into whether WASGAU Produktions & Handels should have a place in your portfolio. … See our latest analysis for WASGAU Produktions & Handels?

Simply Wall St -

Is WASGAU Produktions & Handels AG's (FRA:MSH) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like WASGAU Produktions & Handels AG (FRA:MSH), with a market cap of €109m. … However, an important fact which most ignore is: how financially healthy is the business? … Consumer Retailing businesses operating in the environment facing headwinds from current disruption,.

Simply Wall St -

Why WASGAU Produktions & Handels AG's (FRA:MSH) High P/E Ratio Isn't Necessarily A Bad Thing

To keep it practical, we'll show how WASGAU Produktions & Handels AG's (FRA:MSH) P/E ratio could help you assess the value on offer. … WASGAU Produktions & Handels has a P/E ratio of 27.02, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

MSH Company Info

Description

WASGAU Produktions & Handels AG engages in the food retail business. It offers bakery products consisting of cakes, sweet pastries, cold and warm snacks, and breads; fruits, vegetables, and herbs; beef and veal, lamb, pig, poultry, and meat and sausage product; wines; and confectionery products under the WASGAU bakery, WASGAU Bio, WASGAU MARKEN, WASGAU Schnippelküche, WASGAU butcher, and WASGAU Bräu brands. The company operates 75 supermarkets and hypermarkets under the WASGAU name; and six cash-and-carry businesses as a partner for restaurants and bulk consumers. It also provides its products through online. The company was founded in 1925 and is headquartered in Pirmasens, Germany. WASGAU Produktions & Handels AG is a subsidiary of Wasgau Food Beteiligungsgesellschaft mbH.

Details
Name: WASGAU Produktions & Handels AG
MSH
Exchange: DB
Founded: 1925
€95,700,000
6,600,000
Website: http://www.wasgau-ag.de
Address: WASGAU Produktions & Handels AG
Blocksbergstrasse 183,
Pirmasens,
Rhineland-Palatinate, 66955,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB MSH Common Stock Deutsche Boerse AG DE EUR 29. Oct 2001
Number of employees
Current staff
Staff numbers
3,811
WASGAU Produktions & Handels employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 02:43
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2019/10/28
Last earnings filing: 2020/03/19
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.