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Tikehau Capital

DB:7TI
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
7TI
DB
€3B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Tikehau Capital is a private equity and venture capital firm specializing in providing a full range of financing products including senior secured loans, equity, senior debt, unitranche, mezzanine, and preferred shares. The last earnings update was 14 days ago. More info.


Add to Portfolio Compare Print
  • Tikehau Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Tikehau Capital has significant price volatility in the past 3 months.
7TI Share Price and Events
7 Day Returns
0.5%
DB:7TI
-6.8%
DE Capital Markets
-2.7%
DE Market
1 Year Returns
-4.1%
DB:7TI
-11.8%
DE Capital Markets
-20.4%
DE Market
7TI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tikehau Capital (7TI) 0.5% -4.9% -2.3% -4.1% - -
DE Capital Markets -6.8% -21.9% -18% -11.8% -29% -57.8%
DE Market -2.7% -18.4% -26.7% -20.4% -25.9% -30.4%
1 Year Return vs Industry and Market
  • 7TI outperformed the Capital Markets industry which returned -11.8% over the past year.
  • 7TI outperformed the Market in Germany which returned -20.4% over the past year.
Price Volatility
7TI
Industry
5yr Volatility vs Market
Related Companies

7TI Value

 Is Tikehau Capital 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 Tikehau Capital 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 Tikehau Capital.

DB:7TI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= €22.25 * 5.4%
€1.20
Book Value of Equity per Share Weighted future Book Value estimates from 3 analysts. €22.25
Discount Rate (Cost of Equity) See below 5.4%
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:7TI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.747 (1 + (1- 33%) (34.77%))
0.947
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.947 * 6.07%)
5.36%

Discounted Cash Flow Calculation for DB:7TI using Excess Returns Model Model

The calculations below outline how an intrinsic value for Tikehau Capital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:7TI Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (5.4% – 5.36%) * €22.25)
€0.01
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €0.01 / (5.36% - -0.39%)
€0.18
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €22.25 + €0.18
€22.43
DB:7TI Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:7TI represents 1.01428x of ENXTPA:TKO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.01428x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 22.43 x 1.01428
€22.75
Value per share (EUR) From above. €22.75
Current discount Discount to share price of €21.30
= -1 x (€21.30 - €22.75) / €22.75
6.4%

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

Current Discount
Amount off the current price Tikehau Capital is available for.
Intrinsic value
6%
Share price is €21.3 vs Future cash flow value of €22.75
Current Discount Checks
For Tikehau Capital to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Tikehau Capital's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Tikehau Capital's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Tikehau Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tikehau Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:7TI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.69
ENXTPA:TKO Share Price ** ENXTPA (2020-04-01) in EUR €21
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 22.18x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.15x

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

** Primary Listing of Tikehau Capital.

DB:7TI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 21 ÷ 0.69

30.55x

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

  • Tikehau Capital is overvalued based on earnings compared to the DE Capital Markets industry average.
  • Tikehau Capital is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Tikehau Capital's expected growth come at a high price?
Raw Data
DB:7TI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 30.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
24.1%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.55x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

DB:7TI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 30.55x ÷ 24.1%

1.27x

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

  • Tikehau Capital is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Tikehau Capital's assets?
Raw Data
DB:7TI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €22.55
ENXTPA:TKO Share Price * ENXTPA (2020-04-01) in EUR €21
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.55x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:7TI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 21 ÷ 22.55

0.93x

* Primary Listing of Tikehau Capital.

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

  • Tikehau Capital is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Tikehau Capital'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Tikehau Capital has a total score of 1/6, 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.

7TI Future Performance

 How is Tikehau Capital expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tikehau Capital expected to grow at an attractive rate?
  • Tikehau Capital's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Tikehau Capital's earnings growth is expected to exceed the Germany market average.
  • Tikehau Capital's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:7TI Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:7TI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 24.1%
DB:7TI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 15.9%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 40%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:7TI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:7TI Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 819 396 1
2023-12-31 802 387 1
2022-12-31 627 265 2
2021-12-31 546 -334 247 2
2020-12-31 150 48 16 2
2020-04-02
DB:7TI Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 453 179
2019-09-30 361 125
2019-06-30 269 -534 71
2019-03-31 189 21
2018-12-31 35 -600 -107
2018-09-30 167 -463 20
2018-06-30 298 -327 147
2018-03-31 372 -398 231
2017-12-31 445 -469 314
2017-09-30 289 -521 229
2017-06-30 133 -572 143
2017-03-31 74 -373 108

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Tikehau Capital's earnings are expected to grow significantly at over 20% yearly.
  • Tikehau Capital's revenue is expected to grow by 15.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:7TI 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 4 Analyst Estimates (S&P Global) See Below

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

DB:7TI Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 1.92 2.58 1.26 2.00
2021-12-31 1.78 2.17 1.08 3.00
2020-12-31 0.12 1.63 -1.03 3.00
2020-04-02
DB:7TI Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31
2019-09-30
2019-06-30 0.69
2019-03-31
2018-12-31 -1.04
2018-09-30 0.19
2018-06-30 1.43
2018-03-31 2.44
2017-12-31 3.67
2017-09-30 3.26
2017-06-30 2.62
2017-03-31 2.51

*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.
  • Tikehau Capital is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Tikehau Capital'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.
Tikehau Capital has a total score of 4/6, 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.

7TI Past Performance

  How has Tikehau Capital 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 Tikehau Capital's growth in the last year to its industry (Capital Markets).
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.
  • Tikehau Capital's year on year earnings growth rate has been positive over the past 5 years.
  • Tikehau Capital has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Tikehau Capital has become profitable in the last year making it difficult to compare the DE Capital Markets industry average.
Earnings and Revenue History
Tikehau Capital'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 Tikehau Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:7TI Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 452.60 178.70
2019-09-30 360.93 124.95 31.87
2019-06-30 269.27 71.21 63.74
2019-03-31 189.29 20.93 33.04
2018-12-31 35.37 -107.36 42.96
2018-09-30 166.80 19.86 38.43
2018-06-30 298.22 147.09 33.90
2018-03-31 371.72 230.73 30.34
2017-12-31 445.21 314.38 26.78
2017-09-30 289.34 228.79 19.75
2017-06-30 133.47 143.20 12.73
2017-03-31 73.78 107.82 6.36
2016-12-31 14.09 72.44
2016-09-30 27.58 48.95
2016-06-30 41.07 25.45
2016-03-31 29.82 17.52
2015-12-31 18.57 9.59
2014-12-31 11.26 -6.10
2013-12-31 76.54 53.13

*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.
  • Tikehau Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Tikehau Capital used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • Tikehau Capital has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Tikehau Capital'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 Capital Markets 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.
Tikehau Capital has a total score of 3/6, see the detailed checks below.

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

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

7TI Health

 How is Tikehau Capital'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 Tikehau Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tikehau Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tikehau Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Tikehau Capital'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.
  • Low level of unsold assets.
  • 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 Tikehau Capital Company Filings, last reported 3 months ago.

DB:7TI Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,146.00 997.00 1,307.00
2019-09-30 3,146.00 997.00 1,307.00
2019-06-30 3,066.23 817.48 1,046.35
2019-03-31 2,275.07 801.26 612.52
2018-12-31 2,275.07 801.26 612.52
2018-09-30 2,275.07 801.26 612.52
2018-06-30 2,312.52 557.63 650.72
2018-03-31 2,312.52 557.63 650.72
2017-12-31 2,529.67 548.72 1,290.80
2017-09-30 2,529.67 548.72 1,290.80
2017-06-30 1,593.50 345.01 243.87
2017-03-31 1,593.50 345.01 243.87
2016-12-31 1,132.35 123.23 170.30
2016-09-30 1,132.35 123.23 170.30
2016-06-30 388.39 151.90 83.15
2016-03-31 388.39 151.90 83.15
2015-12-31 376.08 238.33 47.27
2014-12-31 378.78 110.40 116.69
2013-12-31 286.77 75.88 116.62
  • Tikehau Capital's level of debt (31%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (29.2% vs 31% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 7.8x coverage).
X
Financial health checks
We assess Tikehau Capital'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. Tikehau Capital has a total score of 4/6, 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.

7TI Dividends

 What is Tikehau Capital'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
2.38%
Current annual income from Tikehau Capital dividends. Estimated to be 3.05% next year.
If you bought €2,000 of Tikehau Capital shares you are expected to receive €48 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?
  • Tikehau Capital's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • Tikehau Capital's dividend is below the markets top 25% of dividend payers in Germany (4.86%).
Upcoming dividend payment

Purchase Tikehau Capital before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:7TI 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 4 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 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:7TI Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.87 3.00
2021-12-31 0.70 5.00
2020-12-31 0.44 5.00
2020-04-02
DB:7TI Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-19 0.500 2.456
2019-04-23 0.250 1.181
2019-03-21 0.250 1.147
2018-03-29 1.000 4.127

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

  • Tikehau Capital has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Tikehau Capital has only been paying a dividend for 2 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Tikehau Capital's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Tikehau Capital'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 Tikehau Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tikehau Capital has a total score of 3/6, see the detailed checks below.


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

7TI Management

 What is the CEO of Tikehau Capital'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
Mathieu Chabran
AGE 44
TENURE AS CEO 3.4 years
CEO Bio

Mr. Mathieu Chabran serves as the President and Partner at Tikehau Capital. Mr. Chabran has been the Chief Executive Officer at Tikehau Capital since November 07, 2016. He also co-founded the firm. He is the Co-Founder and Managing Director at Tikehau Capital Advisors which he joined as a Managing Partner and is it's Permanent Representative. He served as a Director at Tikehau Capital Advisors since 2005. Mr. Chabran is Co-Founder, Co-Chief Investment Officer and Managing Director at Tikehau Investment Management SAS. In 2002, he joined the real estate debt markets team at Deutsche Bank as a Vice President in charge of execution for senior, mezzanine and CMBS lending for continental Europe. He began his career at Merrill Lynch in 1998, firstly within the Principal Investment team, then in the High Yield Capital Market department. He served in the mortgage and principal finance group prior to joining the leveraged finance group. Mr. Chabran serves as the Chairman of MCH and a member of Groupe Flo Supervisory Board. He has been a Representative Director at SALVEPAR since October 26, 2012. He served as a Director of Groupe Flo SA. Mr. Chabran studied from ESC Paris (Business School) and IEP (School for Political Studies). He studied from Institut d'Etudes Politiques d'Aix-en-Provence and ESCP Europe.

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

Average tenure and age of the Tikehau Capital management team in years:

2.3
Average Tenure
42.5
Average Age
  • The tenure for the Tikehau Capital management team is about average.
Management Team

Mathieu Chabran

TITLE
CEO, President
AGE
44
TENURE
3.4 yrs

Antoine Flamarion

TITLE
Co-Founder & President
AGE
46
TENURE
3.4 yrs

Laure Perréard

TITLE
Group Chief Financial Officer
AGE
40
TENURE
0.9 yrs

Rodolfo Caceres

TITLE
Head of Credit Research
TENURE
12.3 yrs

Bertrand Honoré

TITLE
Head of Information Systems

Louis Igonet

TITLE
Head of Investor Relations
AGE
38

Geoffroy Renard

TITLE
General Counsel

Ephraïm Marquer

TITLE
Head of Compliance
AGE
49
TENURE
1.6 yrs

Dorothée Duron-Rivron

TITLE
Head of Communication & Public Affairs
AGE
41
TENURE
2.3 yrs

Nithin Johnson

TITLE
Executive Director of Business Development
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Tikehau Capital board of directors in years:

3.2
Average Tenure
60
Average Age
  • The tenure for the Tikehau Capital board of directors is about average.
Board of Directors

Christian de Labriffe

TITLE
Chairman of the Supervisory Board
COMPENSATION
€36K
AGE
72
TENURE
2.3 yrs

Peter Cirenza

TITLE
Head of the United Kingdom
TENURE
15.3 yrs

Jean-Louis Charon

TITLE
Member of Supervisory Board
COMPENSATION
€36K
AGE
62
TENURE
3.4 yrs

Fanny Picard

TITLE
Member of the Supervisory Board
COMPENSATION
€27K
AGE
51
TENURE
3.2 yrs

Peter Westmacott

TITLE
Chairman & President of International Advisory Board

Constance de Poncins

TITLE
Member of the Supervisory Board
COMPENSATION
€27K
AGE
50
TENURE
3.2 yrs

Roger Caniard

TITLE
Member of the Supervisory Board
COMPENSATION
€25K
AGE
52
TENURE
3.2 yrs

Jean Charest

TITLE
Independent Member of the Supervisory Board & Member of International Advisory Board
COMPENSATION
€27K
AGE
61
TENURE
3.3 yrs

Léon Seynave

TITLE
Independent Member of the Supervisory Board
COMPENSATION
€27K
AGE
75
TENURE
3.5 yrs

Jean-Pierre Denis

TITLE
Censeur & Member of the Supervisory Board
COMPENSATION
€15K
AGE
59
TENURE
1.9 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 Tikehau Capital'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. Tikehau Capital 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.

7TI News

Simply Wall St News

7TI Company Info

Description

Tikehau Capital is a private equity and venture capital firm specializing in providing a full range of financing products including senior secured loans, equity, senior debt, unitranche, mezzanine, and preferred shares. The firm seeks to make early stage, mezzanine, and turnaround investments and manage long-term capital for institutional and private investors in various asset classes including credit, listed, private equity, and real estate. It invests in all sectors and all countries with a focus on Singapore. The firm prefers to invests between USD0.5 million and €70 million ($82.1073 million). The firm seeks to invest in small and middle market European corporate. It makes balance sheet investments. Tikehau Capital was founded in June 2004 and is based in Paris, France with additional offices in London, United Kingdom; Brussels, Belgium; Milan, Italy; New York, United States; Madrid, Spain; Seoul, Tokyo, Japan; South Korea and Singapore.

Details
Name: Tikehau Capital
7TI
Exchange: DB
Founded: 2004
€2,867,185,734
136,532,654
Website: http://www.tikehaucapital.com
Address: Tikehau Capital
32, rue de Monceau,
Paris,
Ile-de-France, 75008,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA TKO Ordinary Shares Euronext Paris FR EUR 07. Mar 2017
OTCPK TKKH.F Ordinary Shares Pink Sheets LLC US USD 07. Mar 2017
DB 7TI Ordinary Shares Deutsche Boerse AG DE EUR 07. Mar 2017
LSE 0RP0 Ordinary Shares London Stock Exchange GB EUR 07. Mar 2017
BATS-CHIXE TKOP Ordinary Shares BATS 'Chi-X Europe' GB EUR 07. Mar 2017
Number of employees
Current staff
Staff numbers
530
Tikehau Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 04:51
End of day share price update: 2020/04/01 00:00
Last estimates confirmation: 2020/04/01
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.