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FFP Société anonyme

DB:FFP
Snowflake Description

Proven track record average dividend payer.

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

FFP Société anonyme is a publicly owned investment manager. The last earnings update was 32 days ago. More info.


Add to Portfolio Compare Print
  • FFP Société anonyme is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
FFP Share Price and Events
7 Day Returns
0%
DB:FFP
5%
DE Diversified Financial
2.8%
DE Market
1 Year Returns
-7.9%
DB:FFP
1.4%
DE Diversified Financial
3%
DE Market
FFP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FFP Société anonyme (FFP) 0% 14.1% 4.4% -7.9% 46.5% 125.7%
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
  • FFP underperformed the Diversified Financial industry which returned 1.4% over the past year.
  • FFP underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
FFP
Industry
5yr Volatility vs Market

FFP Value

 Is FFP Société anonyme 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 FFP Société anonyme 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 FFP Société anonyme.

DB:FFP 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
= €145.99 * 3.7%
€5.43
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. €145.99
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:FFP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.72 (1 + (1- 33%) (29.71%))
0.908
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.908 * 6.65%)
6.27%

Discounted Cash Flow Calculation for DB:FFP using Excess Returns Model Model

The calculations below outline how an intrinsic value for FFP Société anonyme 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:FFP Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.7% – 6.27%) * €145.99)
€-3.72
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-3.72 / (6.27% - 0.23%)
€-61.64
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €145.99 + €-61.64
€84.35
DB:FFP Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FFP represents 0.95516x of ENXTPA:FFP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.95516x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 84.35 x 0.95516
€80.57
Value per share (EUR) From above. €80.57
Current discount Discount to share price of €98.00
= -1 x (€98.00 - €80.57) / €80.57
-21.6%

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

  • The current share price of FFP Société anonyme is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 FFP Société anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FFP Société anonyme's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FFP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €5.32
ENXTPA:FFP Share Price ** ENXTPA (2019-10-02) in EUR €102.6
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 FFP Société anonyme.

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

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

= 102.6 ÷ 5.32

19.29x

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

  • FFP Société anonyme is good value based on earnings compared to the DE Diversified Financial industry average.
  • FFP Société anonyme is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does FFP Société anonyme's expected growth come at a high price?
Raw Data
DB:FFP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
7.6%per year
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 .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.29x ÷ 7.6%

2.53x

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

  • FFP Société anonyme is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on FFP Société anonyme's assets?
Raw Data
DB:FFP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €166.55
ENXTPA:FFP Share Price * ENXTPA (2019-10-02) in EUR €102.6
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:FFP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 102.6 ÷ 166.55

0.62x

* Primary Listing of FFP Société anonyme.

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

  • FFP Société anonyme is good value based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess FFP Société anonyme'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. FFP Société anonyme 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.

FFP Future Performance

 How is FFP Société anonyme expected to perform in the next 1 to 3 years based on estimates from 2 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
7.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FFP Société anonyme expected to grow at an attractive rate?
  • FFP Société anonyme's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • FFP Société anonyme's earnings growth is positive but not above the Germany market average.
  • FFP Société anonyme's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:FFP Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FFP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 7.6%
DB:FFP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.3%
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:FFP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FFP Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 191 163 2
2020-12-31 178 115 151 2
2019-12-31 166 125 143 2
2019-10-13
DB:FFP Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 182 85 132
2019-03-31 171 82 123
2018-12-31 159 79 115
2018-09-30 137 80 106
2018-06-30 114 81 98
2018-03-31 175 73 160
2017-12-31 235 64 222
2017-09-30 297 64 290
2017-06-30 358 64 358
2017-03-31 267 41 254
2016-12-31 176 18 150
2016-09-30 115 18 80

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • FFP Société anonyme's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
  • FFP Société anonyme's revenue is expected to grow by 4.3% 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:FFP 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 2 Analyst Estimates (S&P Global) See Below

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

DB:FFP Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 6.51 6.97 6.04 2.00
2020-12-31 6.03 6.41 5.64 2.00
2019-12-31 5.71 5.98 5.45 2.00
2019-10-13
DB:FFP Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 5.32
2019-03-31 4.98
2018-12-31 4.64
2018-09-30 4.30
2018-06-30 3.95
2018-03-31 6.45
2017-12-31 8.96
2017-09-30 11.71
2017-06-30 14.45
2017-03-31 10.25
2016-12-31 5.97
2016-09-30 3.19

*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.
  • FFP Société anonyme is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess FFP Société anonyme'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.
FFP Société anonyme has a total score of 1/6, see the detailed checks below.

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

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

FFP Past Performance

  How has FFP Société anonyme 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 FFP Société anonyme'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.
  • FFP Société anonyme has delivered over 20% year on year earnings growth in the past 5 years.
  • FFP Société anonyme's 1-year earnings growth exceeds its 5-year average (34.7% vs 28%)
  • FFP Société anonyme's earnings growth has exceeded the Europe Diversified Financial industry average in the past year (34.7% vs 3.5%).
Earnings and Revenue History
FFP Société anonyme'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 FFP Société anonyme Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FFP Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 182.30 131.55 23.13
2019-03-31 170.60 123.21 23.09
2018-12-31 158.89 114.87 23.05
2018-09-30 136.56 106.26 21.02
2018-06-30 114.23 97.64 18.98
2018-03-31 174.70 159.71 19.57
2017-12-31 235.16 221.77 20.16
2017-09-30 296.70 289.66 20.71
2017-06-30 358.23 357.55 21.26
2017-03-31 267.19 253.67 19.28
2016-12-31 176.14 149.79 17.30
2016-09-30 114.56 79.88 16.84
2016-06-30 52.98 9.98 16.37
2016-03-31 108.33 84.58 16.68
2015-12-31 163.67 159.17 16.99
2015-09-30 154.44 155.42 16.43
2015-06-30 145.20 151.68 15.87
2015-03-31 119.27 229.72 15.38
2014-12-31 93.34 307.77 14.90
2014-09-30 99.58 -207.99 15.03
2014-06-30 105.83 -723.74 15.16
2014-03-31 81.65 -894.77 13.61
2013-12-31 57.48 -1,065.81 12.06
2013-09-30 58.88 -967.07 11.28
2013-06-30 60.28 -868.34 10.51
2013-03-31 82.33 -884.40 10.29
2012-12-31 104.38 -900.46 10.07

*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.
  • FFP Société anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • FFP Société anonyme used its assets less efficiently than the DE Diversified Financial industry average last year based on Return on Assets.
  • FFP Société anonyme has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess FFP Société anonyme'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.
FFP Société anonyme has a total score of 4/6, see the detailed checks below.

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

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

FFP Health

 How is FFP Société anonyme'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 FFP Société anonyme's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FFP Société anonyme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FFP Société anonyme's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of FFP Société anonyme'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 not covered by short term assets, assets are 0.1x 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 FFP Société anonyme Company Filings, last reported 3 months ago.

DB:FFP Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 4,120.35 749.98 53.67
2019-03-31 4,120.35 749.98 53.67
2018-12-31 3,569.41 589.39 11.41
2018-09-30 3,569.41 589.39 11.41
2018-06-30 3,820.71 582.03 21.52
2018-03-31 3,820.71 582.03 21.52
2017-12-31 3,508.98 480.90 17.41
2017-09-30 3,508.98 480.90 17.41
2017-06-30 3,527.39 198.38 37.51
2017-03-31 3,527.39 198.38 37.51
2016-12-31 3,069.15 350.76 6.37
2016-09-30 3,069.15 350.76 6.37
2016-06-30 2,493.97 319.82 6.51
2016-03-31 2,493.97 319.82 6.51
2015-12-31 2,927.56 228.16 16.32
2015-09-30 2,927.56 228.16 16.32
2015-06-30 3,134.16 415.69 11.09
2015-03-31 3,134.16 415.69 11.09
2014-12-31 2,235.53 293.27 11.12
2014-09-30 2,235.53 293.27 11.12
2014-06-30 2,176.42 269.32 17.05
2014-03-31 2,176.42 269.32 17.05
2013-12-31 1,825.78 327.65 4.25
2013-09-30 1,825.78 327.65 4.25
2013-06-30 2,776.16 299.67 4.36
2013-03-31 2,776.16 299.67 4.36
2012-12-31 2,829.83 336.86 5.23
  • FFP Société anonyme's level of debt (18.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (12.4% vs 18.2% today).
  • Debt is not well covered by operating cash flow (11.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.1x coverage).
X
Financial health checks
We assess FFP Société anonyme'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. FFP Société anonyme 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.

FFP Dividends

 What is FFP Société anonyme'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
2.1%
Current annual income from FFP Société anonyme dividends. Estimated to be 2.69% next year.
If you bought €2,000 of FFP Société anonyme shares you are expected to receive €42 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?
  • FFP Société anonyme's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • FFP Société anonyme's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
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:FFP 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 2 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:FFP Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.85 2.00
2020-12-31 2.75 2.00
2019-12-31 2.69 2.00
2019-10-13
DB:FFP Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-12 2.150 2.277
2018-04-16 2.000 1.997
2016-04-06 1.600 2.101
2013-09-13 0.000 0.000
2013-03-19 0.000 0.000
2012-04-10 1.100 3.881
2011-04-21 1.500 3.921
2010-04-28 0.700 1.522
2009-04-28 0.700 1.771

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of FFP Société anonyme's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess FFP Société anonyme'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 FFP Société anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FFP Société anonyme has a total score of 4/6, see the detailed checks below.


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

FFP Management

 What is the CEO of FFP Société anonyme'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
Robert Peugeot
COMPENSATION €1,556,996
AGE 69
CEO Bio

Mr. Robert Peugeot has been the President and Chief Executive Officer of FFP-Société Fonciere, Financière et de Participations since 2002. Mr. Peugeot serves as the Chief Executive Officer of Simante, SL. From 1998 to January 2007, he served as Executive Vice President of Innovation and Quality at the Peugeot S.A. He serves as Independent Director of Sofina Société Anonyme and F.C.C Versia, S.A. He was a Manager of Investment Trusts of CHP Gestion and Rodom (France). He was a Director of DKSH Holding Ltd since 2008 until March 21, 2019. He has been a Director at Societe Foncière, Financière et de Participations since June 28, 1979. He serves as a Director of FCC S.A., E.P.F. (Etablissements Peugeot Frères), Company du Louvre and Peugeot Automobiles United Kingdom Limited and of FFP Invest. He serves as a Member of Supervisory Board at IDI Emerging Markets Partners. He serves as a Director of Holding Reignier S.A. and of Hermes Internatonal, Zodiac. He has been a Director of Faurecia S.A. since May 29, 2007. He serves as a Director of B-1998 SL, WRG - Waste Recycling Group Limited. He served as Director of SANEF S.A. since February 3, 2006 until June 26, 2017. He had been a Member of Supervisory Board of Hermès International Société en commandite par actions since January 24, 2007 until June 5, 2019. He has been a Member of Supervisory Board of Peugeot S.A. since April 24, 2014. He serves as the Chairman of Societe Foncière, Financière et de Participations - FFP and of Simante, SL. He serves as Permanent Representative of FFP Invest, Chairman at FFP Invest (France) and Financière Guiraud SAS (France). He serves as a Member of the Supervisory Board at Financière Guiraud SAS (France). He is the Permanent representative of Maillot I on the Board of Directors at SCAV Armene (France). He serves as Executive Chairman of SCI Rodom (France). He serves as a Member of the Board of Directors at Tikehau Capital Advisors (France). He joined the Board in 2008. He served as Member of Supervisory Board at Zodiac Aerospace. He served as an Independent Director of Imerys SA since November 04, 2002 until May 04, 2016. He served as a Member of Supervisory Board of Citroën Deutschland Aktiengesellschaft and Aviva France. He served as a Member of Supervisory Board at Group Taittinger since January 15, 2003. He served as Board member of Holding Reinier SAS until September 03, 2016, Member of the Supervisory Board of IDI Emerging Markets S.A. (Luxembourg) until June 15, 2015 and Member of the Supervisory Board at Peugeot S.A. (France) until April 25, 2014. He served as Permanent representative of FFP Invest on the Supervisory Board at Zodiac Aerospace (France) until July 16, 2014. He served as a Director of L.F.P.F. (La Française de Participations Financières), Immeubles and Participations de l'Est, I.F.P. (Institut Français du Pétrole) (France), Citroën Danemark A/S (Denmark), Aviva Participations, GIE Recherches et Etudes PSA Renault and Citroën UK Ltd (United Kingdom). He served as Director of Fomento de Construcciones y Contratas, S.A. from September 15, 2004 to June 01, 2011 and FCC Construcción, SA. He served as a Director of Lisi SA since 1993. He served as Director of Groupe Du Louvre, SAS. He served as a Member of the Supervisory Board at Imerys SA from November 4, 2002 to May 2005 and Alpine Holding GmbH until March 01, 2011. Mr. Peugeot holds an MBA from INSEAD and graduated from École Centrale de Paris.

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

Average tenure and age of the FFP Société anonyme management team in years:

3.8
Average Tenure
61
Average Age
  • The tenure for the FFP Société anonyme management team is about average.
Management Team

Robert Peugeot

TITLE
Chairman & CEO
COMPENSATION
€2M
AGE
69

Bertrand Finet

TITLE
Deputy CEO & COO
COMPENSATION
€1M
AGE
52
TENURE
2.8 yrs

Frédéric Villain

TITLE
Chief Financial Officer
TENURE
4.1 yrs

Sébastien Coquard

TITLE
Head of Investments
AGE
43
TENURE
13.8 yrs

Thierry de Poncheville

TITLE
Chief Legal Officer
AGE
64

Frédéric Banzet

TITLE
Senior Partner
AGE
61

François Massut

TITLE
Head of Private Equity Funds

Sophie Vernier-Reiffers

TITLE
Deputy General Counsel & Board Secretary
TENURE
2.3 yrs

Laetitia Blot-Dollfus

TITLE
Financial Controller
TENURE
3.8 yrs

Jean-Baptiste Molmy

TITLE
Legal Counsel
Board of Directors Tenure

Average tenure and age of the FFP Société anonyme board of directors in years:

9.3
Average Tenure
67
Average Age
  • The tenure for the FFP Société anonyme board of directors is about average.
Board of Directors

Robert Peugeot

TITLE
Chairman & CEO
COMPENSATION
€2M
AGE
69

Marie-Hélène Peugeot-Roncoroni

TITLE
Vice-Chairman
COMPENSATION
€86K
AGE
59

Jean-Philippe Peugeot

TITLE
Vice-Chairman
COMPENSATION
€86K
AGE
66

Georges Chodron de Courcel

TITLE
Independent Director
COMPENSATION
€77K
AGE
69
TENURE
14.3 yrs

Luce Gendry

TITLE
Independent Director
COMPENSATION
€82K
AGE
70
TENURE
9.3 yrs

Xavier Peugeot

TITLE
Director
COMPENSATION
€65K
AGE
55
TENURE
18.3 yrs

Christian Peugeot

TITLE
Director
COMPENSATION
€59K
AGE
66
TENURE
40.3 yrs

Marie-Françoise Walbaum

TITLE
Independent Director
COMPENSATION
€77K
AGE
69
TENURE
6.4 yrs

Dominique Netter

TITLE
Independent Director
COMPENSATION
€77K
AGE
68
TENURE
3.7 yrs

Anne Lange

TITLE
Independent Director
COMPENSATION
€43K
AGE
51
TENURE
1.4 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 FFP Société anonyme'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. FFP Société anonyme 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.

FFP News

Simply Wall St News

FFP Company Info

Description

FFP Société anonyme is a publicly owned investment manager. FFP Société anonyme was founded in 1929 and is based in Paris, France.

Details
Name: FFP Société anonyme
FFP
Exchange: DB
Founded: 1929
€2,538,459,329
24,741,319
Website: http://www.groupe-ffp.fr/en
Address: FFP Société anonyme
66 avenue Charles de Gaulle,
CS 60049,
Neuilly sur Seine,
Ile-de-France, 92522,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA FFP Share Capital Euronext Paris FR EUR 02. Jan 1992
OTCPK SFFF.F Share Capital Pink Sheets LLC US USD 02. Jan 1992
DB FFP Share Capital Deutsche Boerse AG DE EUR 02. Jan 1992
BST FFP Share Capital Boerse-Stuttgart DE EUR 02. Jan 1992
LSE 0HV8 Share Capital London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE FFPP Share Capital BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
FFP Société anonyme employees.
Industry
Multi-Sector Holdings
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:27
End of day share price update: 2019/10/02 00:00
Last estimates confirmation: 2019/09/25
Last earnings filing: 2019/09/11
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.