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DF Deutsche Forfait

DB:DFTK
Snowflake Description

Excellent balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DFTK
DB
€20M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

DF Deutsche Forfait AG, a forfaiting company, provides trade finance and related services for exporters, importers, and other financial companies worldwide. The last earnings update was 33 days ago. More info.


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  • DF Deutsche Forfait has significant price volatility in the past 3 months.
DFTK Share Price and Events
7 Day Returns
1.2%
DB:DFTK
5%
DE Diversified Financial
2.8%
DE Market
1 Year Returns
1040%
DB:DFTK
1.4%
DE Diversified Financial
3%
DE Market
DFTK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DF Deutsche Forfait (DFTK) 1.2% 5.6% 205.4% 1040% 51.3% -85.8%
DE Diversified Financial 5% 7.8% -5% 1.4% 75.8% 333.7%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • DFTK outperformed the Diversified Financial industry which returned 1.4% over the past year.
  • DFTK outperformed the Market in Germany which returned 3% over the past year.
Price Volatility
DFTK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is DF Deutsche Forfait 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
  • It is not possible to calculate the future cash flow value for DF Deutsche Forfait. This is due to cash flow or dividend data being unavailable. The share price is €1.71.
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 DF Deutsche Forfait's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DF Deutsche Forfait's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DFTK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €-0.04
DB:DFTK Share Price ** DB (2019-10-11) in EUR €1.71
Germany Diversified Financial Industry PE Ratio Median Figure of 6 Publicly-Listed Diversified Financial Companies 27.82x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of DF Deutsche Forfait.

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

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

= 1.71 ÷ -0.04

-47.31x

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

  • DF Deutsche Forfait is loss making, we can't compare its value to the DE Diversified Financial industry average.
  • DF Deutsche Forfait is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does DF Deutsche Forfait's expected growth come at a high price?
Raw Data
DB:DFTK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -47.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.81x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*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 DF Deutsche Forfait, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DF Deutsche Forfait's assets?
Raw Data
DB:DFTK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €0.44
DB:DFTK Share Price * DB (2019-10-11) in EUR €1.71
Germany Diversified Financial Industry PB Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 3.77x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:DFTK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.71 ÷ 0.44

3.88x

* Primary Listing of DF Deutsche Forfait.

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

  • DF Deutsche Forfait is overvalued based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess DF Deutsche Forfait'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 Diversified Financial 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 Diversified Financial industry average (and greater than 0)? (1 check)
  5. DF Deutsche Forfait has a total score of 0/6, 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 DF Deutsche Forfait 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 DF Deutsche Forfait 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
17.3%
Expected Diversified Financial industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DF Deutsche Forfait expected to grow at an attractive rate?
  • Unable to compare DF Deutsche Forfait's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare DF Deutsche Forfait's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare DF Deutsche Forfait's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:DFTK Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*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:DFTK 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:DFTK Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:DFTK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 6 0 0
2019-03-31 4 -2 -1
2018-12-31 3 -2 -2
2018-09-30 1 -4 -3
2018-06-30 0 -10 -3
2018-03-31 2 -2 -3
2017-12-31 4 -4 -3
2017-09-30 6 2 -41
2017-03-31 5 -7 -2
2016-12-31 5 -5 -6
2016-09-30 6 -13 86
2016-07-01 6 -11 68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if DF Deutsche Forfait is high growth as no earnings estimate data is available.
  • Unable to determine if DF Deutsche Forfait 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:DFTK 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 DF Deutsche Forfait Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DFTK Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:DFTK Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 -0.04
2019-03-31 -0.10
2018-12-31 -0.15
2018-09-30 -0.23
2018-06-30 -0.25
2018-03-31 -0.27
2017-12-31 -0.23
2017-09-30 -3.43
2017-03-31 -0.11
2016-12-31 -0.47
2016-09-30 24.65
2016-07-01 100.71

*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 DF Deutsche Forfait will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine DF Deutsche Forfait's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. DF Deutsche Forfait'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 Diversified Financials companies here
  3. DF Deutsche Forfait'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 DF Deutsche Forfait'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 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.
DF Deutsche Forfait 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.

Past Performance

  How has DF Deutsche Forfait 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 DF Deutsche Forfait's growth in the last year to its industry (Diversified Financial).
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.
  • DF Deutsche Forfait does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare DF Deutsche Forfait's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare DF Deutsche Forfait's 1-year growth to the Europe Diversified Financial industry average as it is not currently profitable.
Earnings and Revenue History
DF Deutsche Forfait'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 DF Deutsche Forfait Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DFTK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 5.78 -0.43 2.60
2019-03-31 3.86 -1.21 2.54
2018-12-31 3.23 -1.75 2.50
2018-09-30 0.77 -2.69 2.74
2018-06-30 0.14 -2.97 2.77
2018-03-31 1.63 -3.22 2.76
2017-12-31 3.68 -2.71 2.72
2017-09-30 6.48 -40.72 4.16
2017-03-31 5.33 -1.68 4.80
2016-12-31 5.23 -5.59 4.93
2016-09-30 5.52 85.82 1.87
2016-07-01 5.73 68.48 4.37
2016-03-31 5.91 -29.47 4.72
2015-12-31 12.26 -27.04 5.87
2015-09-30 14.71 -27.60 6.96
2015-06-30 18.69 -13.86 5.00
2015-03-31 18.14 -14.66 5.52
2014-12-31 11.28 -15.47 5.07
2014-09-30 10.49 -25.34 8.25
2014-06-30 10.77 -20.40 8.65
2014-03-31 15.17 -15.73 8.86
2013-12-31 18.98 -12.56 8.55
2013-09-30 21.97 1.33 9.15
2013-06-30 22.83 1.63 9.13
2013-03-31 24.56 1.87 8.66
2012-12-31 26.60 2.14 8.58

*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.
  • It is difficult to establish if DF Deutsche Forfait has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if DF Deutsche Forfait has efficiently used its assets last year compared to the DE Diversified Financial industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if DF Deutsche Forfait improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess DF Deutsche Forfait'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 Diversified Financial 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.
DF Deutsche Forfait has a total score of 0/6, 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 DF Deutsche Forfait'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 DF Deutsche Forfait's finances.

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

DB:DFTK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 5.23 15.00 19.60
2019-03-31 4.94 15.00 18.03
2018-12-31 5.33 0.00 3.55
2018-09-30 5.31 0.00
2018-06-30 5.78 0.00 4.44
2018-03-31 6.31 0.00 4.90
2017-12-31 7.25 0.00 6.08
2017-09-30 8.03 0.00 7.70
2017-03-31 9.48 0.00 7.39
2016-12-31 9.91 0.00 10.16
2016-09-30 11.62 0.00 9.43
2016-07-01 12.73 0.00 1.40
2016-03-31 -36.69 66.85 6.86
2015-12-31 -32.15 67.28 7.64
2015-09-30 -28.78 67.00 8.67
2015-06-30 -11.29 66.29 8.04
2015-03-31 -7.34 78.40 19.98
2014-12-31 -5.28 72.21 14.75
2014-09-30 -1.29 71.69 13.62
2014-06-30 3.31 77.95 15.62
2014-03-31 7.49 79.86 15.88
2013-12-31 10.17 79.99 20.60
2013-09-30 26.49 81.06 21.77
2013-06-30 26.15 87.13 25.50
2013-03-31 26.94 54.79 12.53
2012-12-31 24.55 63.83 16.28
  • DF Deutsche Forfait's level of debt (286.7%) 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 (2388% vs 286.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making DF Deutsche Forfait has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making DF Deutsche Forfait has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -56.5% per year.
X
Financial health checks
We assess DF Deutsche Forfait'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. DF Deutsche Forfait 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 DF Deutsche Forfait's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from DF Deutsche Forfait dividends.
If you bought €2,000 of DF Deutsche Forfait shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate DF Deutsche Forfait's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate DF Deutsche Forfait's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DFTK 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 Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:DFTK Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as DF Deutsche Forfait has not reported any payouts.
  • Unable to verify if DF Deutsche Forfait's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of DF Deutsche Forfait's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as DF Deutsche Forfait has not reported any payouts.
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 DF Deutsche Forfait'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 DF Deutsche Forfait afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DF Deutsche Forfait has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of DF Deutsche Forfait'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
Behrooz Abdolvand
COMPENSATION €208,783
TENURE AS CEO 1.9 years
CEO Bio

Dr. Behrooz Abdolvand has been the Chairman of Management Board at DF Deutsche Forfait AG since November 1, 2017 and served as its Vice Chairman of Supervisory Board until October 31, 2017 and served as its Member of Supervisory Board from July 6, 2016 to October 31, 2017.

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

Average tenure of the DF Deutsche Forfait management team in years:

3
Average Tenure
  • The tenure for the DF Deutsche Forfait management team is about average.
Management Team

Behrooz Abdolvand

TITLE
Chairman of Management Board
COMPENSATION
€209K
TENURE
1.9 yrs

Christoph Charpentier

TITLE
Head of Finance & Member of Board of Management
COMPENSATION
€205K
TENURE
3 yrs

Gabriele Krämer

TITLE
Head of Operations & Member of Board of Management
COMPENSATION
€205K
TENURE
3 yrs
Board of Directors Tenure

Average tenure of the DF Deutsche Forfait board of directors in years:

0.8
Average Tenure
  • The average tenure for the DF Deutsche Forfait board of directors is less than 3 years, this suggests a new board.
Board of Directors

Franz Nick

TITLE
Chairman of Supervisory Board
COMPENSATION
€34K
AGE
60
TENURE
0.8 yrs

Ludolf-Georg von Wartenberg

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€18K

Wulf-Winrich Lapins

TITLE
Member of Supervisory Board
COMPENSATION
€5K
AGE
66
TENURE
1.2 yrs

Bianca Engel

TITLE
Member of Supervisory Board
TENURE
0.8 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 DF Deutsche Forfait'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. DF Deutsche Forfait 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

What Kind Of Shareholder Appears On The DF Deutsche Forfait AG's (FRA:DFTK) Shareholder Register?

A look at the shareholders of DF Deutsche Forfait AG (FRA:DFTK) can tell us which group is most powerful. … See our latest analysis for DF Deutsche Forfait DB:DFTK Ownership Summary, August 7th 2019 What Does The Institutional Ownership Tell Us About DF Deutsche Forfait? … Insider Ownership Of DF Deutsche Forfait The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Those Who Purchased DF Deutsche Forfait (FRA:DFTK) Shares Five Years Ago Have A 96% Loss To Show For It

DF Deutsche Forfait AG (FRA:DFTK) shareholders will doubtless be very grateful to see the share price up 34% in the last quarter. … View our latest analysis for DF Deutsche Forfait DF Deutsche Forfait isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Notably the five-year annualised TSR loss of 49% per year compares very unfavourably with the recent share price performance.

Simply Wall St -

Could The DF Deutsche Forfait AG (FRA:DFTK) Ownership Structure Tell Us Something Useful?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … DF Deutsche Forfait is not a large company by global standards. … Taking a look at our data on the ownership groups (below), it's seems that.

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Did You Manage To Avoid DF Deutsche Forfait's 98% Share Price Wipe Out?

It is doubtless a positive to see that the DF Deutsche Forfait AG (FRA:DFTK) share price has gained some 211% in the last three months. … View our latest analysis for DF Deutsche Forfait. … But since the share price has dived -53% per year, over 5 years, it looks like some investors think it's time to abandon ship, so to speak.

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Can We See Significant Insider Ownership On The DF Deutsche Forfait Aktiengesellschaft (FRA:DFTK) Share Register?

A look at the shareholders of DF Deutsche Forfait Aktiengesellschaft (FRA:DFTK) can tell us which group is most powerful. … With a market capitalization of €1.4m, DF Deutsche Forfait is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for DF Deutsche Forfait

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Who Owns DF Deutsche Forfait Aktiengesellschaft (FRA:DFTK)?

In this article, I'm going to take a look at DF Deutsche Forfait Aktiengesellschaft’s (FRA:DFTK) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading.

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How Does Investing In DF Deutsche Forfait Aktiengesellschaft (FRA:DFTK) Impact Your Portfolio?

Generally, an investor should consider two types of risk that impact the market value of DFTK. … This means that the change in DFTK's value, whether it goes up or down, will be of a smaller degree than the change in value of the entire stock market index. … DFTK's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

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Who Are The Largest Shareholders In DF Deutsche Forfait Aktiengesellschaft (FRA:DFTK)?

When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies if it aligns with other large shareholders. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership level and composition in DFTK is not high nor active enough to significantly impact its investment thesis.

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Where DF Deutsche Forfait Aktiengesellschaft's (FRA:DFTK) Earnings Growth Stands Against Its Industry

After reading DF Deutsche Forfait Aktiengesellschaft's (DB:DFTK) most recent earnings announcement (30 September 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … See our latest analysis for DF Deutsche Forfait Did DFTK perform worse than its track record and industry? … For DF Deutsche Forfait, its latest trailing-twelve-month earnings is -€40.72M, which compared to the previous year's level, has turned from positive to negative.

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Company Info

Description

DF Deutsche Forfait AG, a forfaiting company, provides trade finance and related services for exporters, importers, and other financial companies worldwide. It is involved in the non-recourse purchase and sale of foreign trade receivable, as well as provides hedging of merchandise deliveries. The company also provides debt collection services. DF Deutsche Forfait AG was founded in 2000 and is headquartered in Gruenwald, Germany.

Details
Name: DF Deutsche Forfait AG
DFTK
Exchange: DB
Founded: 2000
€20,327,595
11,887,483
Website: http://www.dfag.de
Address: DF Deutsche Forfait AG
Hirtenweg 14,
Gruenwald,
Bavaria, 82031,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB DFTK Registered Shares Deutsche Boerse AG DE EUR 24. May 2007
LSE 0RHB Registered Shares London Stock Exchange GB EUR 24. May 2007
LSE 0RHB Registered Shares London Stock Exchange GB EUR 24. May 2007
Number of employees
Current staff
Staff numbers
30
DF Deutsche Forfait employees.
Industry
Specialized Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 23:40
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2017/04/28
Last earnings filing: 2019/09/10
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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

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