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Hypoport

DB:HYQ
Snowflake Description

Reasonable growth potential with acceptable track record.

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

Hypoport AG operates as a technology-based financial service provider in Germany. The last earnings update was 69 days ago. More info.


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HYQ Share Price and Events
7 Day Returns
19.1%
DB:HYQ
5%
DE Diversified Financial
2.8%
DE Market
1 Year Returns
48.2%
DB:HYQ
1.4%
DE Diversified Financial
3%
DE Market
HYQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hypoport (HYQ) 19.1% 12.3% 8.8% 48.2% 235% 2342.4%
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
  • HYQ outperformed the Diversified Financial industry which returned 1.4% over the past year.
  • HYQ outperformed the Market in Germany which returned 3% over the past year.
Price Volatility
HYQ
Industry
5yr Volatility vs Market

HYQ Value

 Is Hypoport 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 Hypoport 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 Hypoport.

DB:HYQ 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
= €36.39 * 23.2%
€8.45
Book Value of Equity per Share Weighted future Book Value estimates from 4 analysts. €36.39
Discount Rate (Cost of Equity) See below 5.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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

Calculation of Discount Rate/ Cost of Equity for DB:HYQ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
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- 30%) (7.6%))
0.838
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.838 * 5.96%)
5.22%

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

The calculations below outline how an intrinsic value for Hypoport 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:HYQ Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (23.2% – 5.22%) * €36.39)
€6.55
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €6.55 / (5.22% - 0.23%)
€131.18
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €36.39 + €131.18
€167.57
DB:HYQ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:HYQ represents 0.99624x of XTRA:HYQ
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99624x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 167.57 x 0.99624
€166.94
Value per share (EUR) From above. €166.94
Current discount Discount to share price of €265.00
= -1 x (€265.00 - €166.94) / €166.94
-58.7%

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

  • The current share price of Hypoport 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 Hypoport's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hypoport's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:HYQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €3.70
XTRA:HYQ Share Price ** XTRA (2019-10-11) in EUR €266
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 Hypoport.

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

= XTRA:HYQ Share Price ÷ EPS (both in EUR)

= 266 ÷ 3.70

71.91x

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

  • Hypoport is overvalued based on earnings compared to the DE Diversified Financial industry average.
  • Hypoport is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Hypoport's expected growth come at a high price?
Raw Data
DB:HYQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 71.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
24.1%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:HYQ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 71.91x ÷ 24.1%

2.99x

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

  • Hypoport is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Hypoport's assets?
Raw Data
DB:HYQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €26.48
XTRA:HYQ Share Price * XTRA (2019-10-11) in EUR €266
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:HYQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:HYQ Share Price ÷ Book Value per Share (both in EUR)

= 266 ÷ 26.48

10.05x

* Primary Listing of Hypoport.

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

  • Hypoport is overvalued based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess Hypoport'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. Hypoport 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.

HYQ Future Performance

 How is Hypoport expected to perform in the next 1 to 3 years based on estimates from 6 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 Hypoport expected to grow at an attractive rate?
  • Hypoport's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Hypoport's earnings growth is expected to exceed the Germany market average.
  • Hypoport's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:HYQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:HYQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 24.1%
DB:HYQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 12.3%
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:HYQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:HYQ Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 518 1
2022-12-31 482 57 2
2021-12-31 433 57 44 6
2020-12-31 380 46 36 6
2019-12-31 328 31 27 6
2019-10-13
DB:HYQ Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 301 35 23
2019-03-31 284 36 23
2018-12-31 266 40 22
2018-09-30 243 27 21
2018-06-30 221 21 19
2018-03-31 207 19 19
2017-12-31 195 8 18
2017-09-30 187 16 20
2017-06-30 178 17 20
2017-03-31 169 17 19
2016-12-31 157 18 18
2016-09-30 149 21 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hypoport's earnings are expected to grow significantly at over 20% yearly.
  • Hypoport's revenue is expected to grow by 12.3% 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:HYQ 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 6 Analyst Estimates (S&P Global) See Below

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

DB:HYQ Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 7.08 7.83 6.53 6.00
2020-12-31 5.72 5.79 5.66 6.00
2019-12-31 4.36 4.50 4.29 5.00
2019-10-13
DB:HYQ Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 3.70
2019-03-31 3.67
2018-12-31 3.66
2018-09-30 3.39
2018-06-30 3.20
2018-03-31 3.17
2017-12-31 3.10
2017-09-30 3.31
2017-06-30 3.34
2017-03-31 3.21
2016-12-31 3.00
2016-09-30 2.85

*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.
  • Hypoport is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Hypoport'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.
Hypoport 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.

HYQ Past Performance

  How has Hypoport 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 Hypoport'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.
  • Hypoport has delivered over 20% year on year earnings growth in the past 5 years.
  • Hypoport's 1-year earnings growth is less than its 5-year average (20.6% vs 22.4%)
  • Hypoport's earnings growth has exceeded the Europe Diversified Financial industry average in the past year (20.6% vs 3.5%).
Earnings and Revenue History
Hypoport'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 Hypoport Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:HYQ Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 301.28 23.12 96.38
2019-03-31 284.31 22.76 90.33
2018-12-31 265.96 22.47 85.07
2018-09-30 242.93 20.56 77.97
2018-06-30 221.34 19.17 69.20
2018-03-31 207.28 18.86 65.03
2017-12-31 194.86 18.42 61.07
2017-09-30 186.82 19.71 59.03
2017-06-30 178.21 19.96 56.31
2017-03-31 168.65 19.22 52.50
2016-12-31 156.64 18.04 48.58
2016-09-30 149.39 17.15 43.74
2016-06-30 145.12 17.19 41.38
2016-03-31 141.33 17.08 40.71
2015-12-31 138.98 15.87 40.22
2015-09-30 134.13 13.00 40.02
2015-06-30 126.55 9.86 39.54
2015-03-31 117.75 6.36 38.46
2014-12-31 112.33 5.92 37.31
2014-09-30 105.42 4.37 36.31
2014-06-30 103.85 5.19 35.43
2014-03-31 104.29 5.26 34.95
2013-12-31 98.09 3.15 34.59
2013-09-30 98.81 3.36 34.17
2013-06-30 93.40 1.41 33.42
2013-03-31 88.87 1.71 32.46
2012-12-31 87.75 1.93 31.82

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

HYQ Health

 How is Hypoport'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 Hypoport's finances.

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

DB:HYQ Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 165.90 99.06 21.87
2019-03-31 159.93 101.70 26.11
2018-12-31 153.48 80.58 31.95
2018-09-30 147.66 82.57 28.98
2018-06-30 141.95 84.80 26.46
2018-03-31 89.23 28.36 24.73
2017-12-31 82.91 16.12 15.33
2017-09-30 78.95 17.67 20.83
2017-06-30 74.95 19.03 20.13
2017-03-31 69.58 20.40 18.59
2016-12-31 64.13 10.47 23.21
2016-09-30 63.80 11.84 25.06
2016-06-30 59.54 8.96 19.43
2016-03-31 55.91 10.12 21.68
2015-12-31 52.66 10.97 24.76
2015-09-30 48.85 12.46 18.47
2015-06-30 45.76 13.62 13.57
2015-03-31 41.39 14.79 12.16
2014-12-31 38.85 15.57 12.02
2014-09-30 37.58 17.11 11.26
2014-06-30 36.43 14.11 5.89
2014-03-31 35.73 15.07 6.71
2013-12-31 33.05 16.42 10.95
2013-09-30 33.47 16.39 6.00
2013-06-30 31.25 17.31 5.17
2013-03-31 30.30 17.42 3.43
2012-12-31 29.84 17.81 8.56
  • Hypoport's level of debt (59.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (38.8% vs 59.7% today).
  • Debt is well covered by operating cash flow (35.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 25.6x coverage).
X
Financial health checks
We assess Hypoport'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. Hypoport 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.

HYQ Dividends

 What is Hypoport'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 Hypoport dividends. Estimated to be 0% next year.
If you bought €2,000 of Hypoport 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 Hypoport's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hypoport'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:HYQ 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 6 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:HYQ Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.00 1.00
2021-12-31 0.00 3.00
2020-12-31 0.00 3.00
2019-12-31 0.00 3.00
2019-10-13

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

  • Unable to perform a dividend volatility check as Hypoport has not reported any payouts.
  • Unable to verify if Hypoport's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hypoport's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hypoport has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Hypoport's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Hypoport'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 Hypoport afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hypoport 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.

HYQ Management

 What is the CEO of Hypoport'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
Ronald Slabke
COMPENSATION €604,000
AGE 46
TENURE AS CEO 8.8 years
CEO Bio

Dipl. Ronald Slabke Co-founded Hypoport AG and has been its Chairman of Management Board since June 2010 and Member of the Management Board since January 1, 2002. Mr. Slabke has been the Chief Executive Officer of Hypoport AG since January 2011. He served as a Co-Chief Executive Officer of Hypoport AG from 2007 to May 2010. He worked at Westdeutsche ImmobilienBank as a Client Relationship Manager in its domestic investment banking business from 1995 to 1996. In mid-1996, he moved to Dr. Klein & Co. GmbH & Co. KG as an Assistant to the Managing Director and was given the full commercial power of representation (Prokura) in 1998. He developed the new Private Clients business at Dr. Klein & Co in 1998. He served as a Member of Management Board of Dr. Klein & Co. AG since January 2000 (formerly Dr. Klein & Co. GmbH & Co. KG), where he held responsibility for private clients, information technology and finance. Mr. Slabke is a graduate in business administration from Lübeck University.

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

Average tenure and age of the Hypoport management team in years:

9.3
Average Tenure
53
Average Age
  • The average tenure for the Hypoport management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ronald Slabke

TITLE
Co-Founder
COMPENSATION
€604K
AGE
46
TENURE
8.8 yrs

Hans Trampe

TITLE
Member of the Management Board
COMPENSATION
€603K
AGE
56
TENURE
9.3 yrs

Stephan Gawarecki

TITLE
Member of the Management Board
COMPENSATION
€617K
AGE
50
TENURE
9.3 yrs

Thomas Kretschmar

TITLE
Co-Founder
COMPENSATION
€13K
AGE
56
Board of Directors Tenure

Average tenure of the Hypoport board of directors in years:

0.4
Average Tenure
  • The average tenure for the Hypoport board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dieter Pfeiffenberger

TITLE
Chairman of the Supervisory Board
COMPENSATION
€27K
TENURE
0.4 yrs

Roland Adams

TITLE
Vice Chairman of Supervisory Board
COMPENSATION
€62K
TENURE
4.3 yrs

Martin Krebs

TITLE
Member of Supervisory Board
AGE
50
TENURE
0.4 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 Hypoport'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. Hypoport 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.

HYQ News

Simply Wall St News

Hypoport AG (FRA:HYQ): What Are The Future Prospects?

Check out our latest analysis for Hypoport Can we expect Hypoport to keep growing? … To understand the overall trajectory of HYQ's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope. … DB:HYQ Past and Future Earnings, August 5th 2019 This results in an annual growth rate of 22% based on the most recent earnings level of €22m to the final forecast of €47m by 2022.

Simply Wall St -

Do Directors Own Hypoport AG (FRA:HYQ) Shares?

Our analysis of the ownership of the company, below, shows that institutions are noticeable on the share registry. … Check out our latest analysis for Hypoport DB:HYQ Ownership Summary, July 15th 2019 What Does The Institutional Ownership Tell Us About Hypoport? … We can see that Hypoport does have institutional investors; and they hold 26% of the stock.

Simply Wall St -

Has Hypoport AG (FRA:HYQ) Improved Earnings Growth In Recent Times?

When Hypoport AG (FRA:HYQ) announced its most recent earnings (31 March 2019), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … View our latest analysis for Hypoport Did HYQ's recent earnings growth beat the long-term trend and the industry? … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 25%, indicating the rate at which HYQ is growing has slowed down.

Simply Wall St -

Is Hypoport (FRA:HYQ) Using Too Much Debt?

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. … Either way, since Hypoport does have more debt than cash, it's worth keeping an eye on its balance sheet. … Finally, a business needs free cash flow to pay off debt; accounting profits just don't cut it.

Simply Wall St -

At €198, Is It Time To Put Hypoport AG (FRA:HYQ) On Your Watch List?

Given that Hypoport’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … HYQ’s optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value.

Simply Wall St -

Investors Who Bought Hypoport (FRA:HYQ) Shares Five Years Ago Are Now Up 1479%

Then look at the Hypoport AG (FRA:HYQ) share price. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Hypoport achieved compound earnings per share (EPS) growth of 34% per year.

Simply Wall St -

Does Hypoport AG's (FRA:HYQ) CEO Salary Compare Well With Others?

First, this article will compare CEO compensation with compensation at similar sized companies. … See our latest analysis for Hypoport How Does Ronald Slabke's Compensation Compare With Similar Sized Companies? … Most shareholders would consider it a positive that Ronald Slabke takes less total compensation than the CEOs of most similar size companies, leaving more for shareholders.

Simply Wall St -

Here's Why I Think Hypoport (FRA:HYQ) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. … The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. … Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth.

Simply Wall St -

What Does Hypoport AG's (FRA:HYQ) P/E Ratio Tell You?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Hypoport AG's (FRA:HYQ) P/E ratio and reflect on what it tells us about the company's share price. … Hypoport has a price to earnings ratio of 49.71, based on the last twelve months.

Simply Wall St -

Do Insiders Own Lots Of Shares In Hypoport AG (FRA:HYQ)?

The big shareholder groups in Hypoport AG (FRA:HYQ) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of €1.1b, Hypoport is a decent size, so it is probably on the radar of institutional investors.

Simply Wall St -

HYQ Company Info

Description

Hypoport AG operates as a technology-based financial service provider in Germany. The company operates through four business units: Credit Platform, Financial Product Sales – Institutional Clients, Financial Product Sales - Private Clients, and Insurance Platform. It offers EUROPACE marketplace for independent distributors to process their financing transactions with the product suppliers they represent. The company also provides mortgage finance, personal loans, insurance, and current and deposit accounts through distribution channels, including online and branch-based sales. In addition, it offers financial support for housing companies; borrowing, management consultancy, and support services property transactions; and insurance portfolios, as well as supports issuers with the provision of information technology and a range of services. Further, the company develops and operates software solutions for the sale and management of insurance products; and provides support services to small and medium-sized financial product distributors in relation to the brokerage of insurance policies. Hypoport AG is headquartered in Berlin, Germany.

Details
Name: Hypoport AG
HYQ
Exchange: DB
Founded:
€1,663,073,230
6,252,155
Website: http://www.hypoport.com
Address: Hypoport AG
Klosterstrasse 71,
Berlin,
Berlin, 10179,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA HYQ Registered Shares XETRA Trading Platform DE EUR 29. Oct 2007
OTCPK HYPO.F Registered Shares Pink Sheets LLC US USD 29. Oct 2007
DB HYQ Registered Shares Deutsche Boerse AG DE EUR 29. Oct 2007
LSE 0JVS Registered Shares London Stock Exchange GB EUR 29. Oct 2007
SWX HYQ Registered Shares SIX Swiss Exchange CH CHF 29. Oct 2007
WBAG HYQ Registered Shares Wiener Boerse AG AT EUR 29. Oct 2007
BATS-CHIXE HYQD Registered Shares BATS 'Chi-X Europe' GB EUR 29. Oct 2007
Number of employees
Current staff
Staff numbers
1,632
Hypoport employees.
Industry
Other Diversified Financial Services
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:43
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/07
Last earnings filing: 2019/08/05
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.