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OVB Holding

DB:O4B
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
O4B
DB
€215M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

OVB Holding AG provides financial advisory services primarily to private households in Europe. The last earnings update was 2 days ago. More info.


Add to Portfolio Compare Print
O4B Share Price and Events
7 Day Returns
-4.5%
DB:O4B
3%
DE Capital Markets
2.2%
DE Market
1 Year Returns
-9.1%
DB:O4B
-6.9%
DE Capital Markets
-17.2%
DE Market
O4B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
OVB Holding (O4B) -4.5% -11.3% -11.3% -9.1% -16.8% -18.2%
DE Capital Markets 3% -17.7% -13.1% -6.9% -24.7% -54.9%
DE Market 2.2% -15.7% -24% -17.2% -23.3% -27.8%
1 Year Return vs Industry and Market
  • O4B underperformed the Capital Markets industry which returned -6.9% over the past year.
  • O4B outperformed the Market in Germany which returned -17.2% over the past year.
Price Volatility
O4B
Industry
5yr Volatility vs Market

Value

 Is OVB Holding 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 OVB Holding 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 OVB Holding.

DB:O4B 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
= €6.16 * 12.7%
€0.78
Book Value of Equity per Share Median Book Value from the past 5 years. €6.16
Discount Rate (Cost of Equity) See below 4.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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

Calculation of Discount Rate/ Cost of Equity for DB:O4B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 30%) (5.61%))
0.854
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.854 * 5.44%)
4.26%

Discounted Cash Flow Calculation for DB:O4B using Excess Returns Model Model

The calculations below outline how an intrinsic value for OVB Holding 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:O4B Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (12.7% – 4.26%) * €6.16)
€0.52
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €0.52 / (4.26% - -0.39%)
€11.25
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €6.16 + €11.25
€17.41
DB:O4B Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:O4B represents 0.99333x of XTRA:O4B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99333x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 17.41 x 0.99333
€17.29
Value per share (EUR) From above. €17.29
Current discount Discount to share price of €14.90
= -1 x (€14.90 - €17.29) / €17.29
13.8%

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

Current Discount
Amount off the current price OVB Holding is available for.
Intrinsic value
14%
Share price is €14.9 vs Future cash flow value of €17.29
Current Discount Checks
For OVB Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • OVB Holding's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • OVB Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for OVB Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are OVB Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:O4B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.77
XTRA:O4B Share Price ** XTRA (2020-04-01) in EUR €15
Germany Capital Markets Industry PE Ratio Median Figure of 16 Publicly-Listed Capital Markets Companies 22.55x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 16.76x

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

** Primary Listing of OVB Holding.

DB:O4B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:O4B Share Price ÷ EPS (both in EUR)

= 15 ÷ 0.77

19.41x

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

  • OVB Holding is good value based on earnings compared to the DE Capital Markets industry average.
  • OVB Holding is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does OVB Holding's expected growth come at a high price?
Raw Data
DB:O4B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
2.1%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 6 Publicly-Listed Capital Markets Companies 1.59x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

DB:O4B PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.41x ÷ 2.1%

9.23x

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

  • OVB Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on OVB Holding's assets?
Raw Data
DB:O4B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €6.32
XTRA:O4B Share Price * XTRA (2020-04-01) in EUR €15
Germany Capital Markets Industry PB Ratio Median Figure of 31 Publicly-Listed Capital Markets Companies 1.5x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.44x
DB:O4B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:O4B Share Price ÷ Book Value per Share (both in EUR)

= 15 ÷ 6.32

2.37x

* Primary Listing of OVB Holding.

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

  • OVB Holding is overvalued based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess OVB Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. OVB Holding has a total score of 1/6, see the detailed checks below.

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

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

Future Performance

 How is OVB Holding 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
2.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is OVB Holding expected to grow at an attractive rate?
  • OVB Holding's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • OVB Holding's earnings growth is positive but not above the Germany market average.
  • OVB Holding's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:O4B Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:O4B Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 2.1%
DB:O4B Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.1%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 39.4%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:O4B 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:O4B Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 297 1
2023-12-31 290 1
2022-12-31 278 1
2021-12-31 273 11 2
2020-12-31 249 8 1
2020-04-01
DB:O4B Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 258 22 11
2019-09-30 251 18 11
2019-06-30 243 18 11
2019-03-31 236 24 10
2018-12-31 232 15 10
2018-09-30 228 13 10
2018-06-30 226 12 10
2018-03-31 226 10 12
2017-12-31 222 14 12
2017-09-30 220 15 11
2017-06-30 220 17 12
2017-03-31 220 19 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • OVB Holding's earnings are expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
  • OVB Holding's revenue is expected to grow by 3.1% 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:O4B 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 OVB Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:O4B Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.80 0.90 0.69 2.00
2020-12-31 0.54 0.54 0.54 1.00
2020-04-01
DB:O4B Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.77
2019-09-30 0.78
2019-06-30 0.74
2019-03-31 0.71
2018-12-31 0.67
2018-09-30 0.70
2018-06-30 0.73
2018-03-31 0.81
2017-12-31 0.85
2017-09-30 0.75
2017-06-30 0.84
2017-03-31 0.91

*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.
  • OVB Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess OVB Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
OVB Holding 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.

Past Performance

  How has OVB Holding 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 OVB Holding's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • OVB Holding's year on year earnings growth rate has been positive over the past 5 years.
  • OVB Holding's 1-year earnings growth exceeds its 5-year average (14.5% vs 2.6%)
  • OVB Holding's earnings growth has exceeded the DE Capital Markets industry average in the past year (14.5% vs 3.2%).
Earnings and Revenue History
OVB Holding'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 OVB Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:O4B Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 257.99 11.01 4.24
2019-09-30 251.38 11.16 2.49
2019-06-30 243.33 10.52 2.42
2019-03-31 236.09 10.15 2.41
2018-12-31 231.53 9.62 5.44
2018-09-30 228.28 9.92 5.19
2018-06-30 226.20 10.36 5.19
2018-03-31 225.66 11.58 5.19
2017-12-31 221.86 12.14 5.19
2017-09-30 219.78 10.63 4.38
2017-06-30 220.23 11.93 4.38
2017-03-31 220.13 12.97 4.38
2016-12-31 218.76 12.54 4.38
2016-09-30 220.12 11.72 4.50
2016-06-30 219.44 11.33 4.50
2016-03-31 216.11 9.84 4.50
2015-12-31 213.07 9.38 4.50
2015-09-30 209.99 9.58 4.16
2015-06-30 206.74 9.13 4.16
2015-03-31 204.26 8.92 4.16
2014-12-31 199.37 8.72 4.16
2014-09-30 190.90 9.11 4.67
2014-06-30 189.07 8.90 4.67
2014-03-31 182.55 7.74 4.67
2013-12-31 187.62 8.02 4.67
2013-09-30 193.35 8.25 5.00
2013-06-30 191.35 8.14 5.00

*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.
  • OVB Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • OVB Holding used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • OVB Holding's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess OVB Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
OVB Holding 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.

Health

 How is OVB Holding'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 OVB Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • OVB Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • OVB Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of OVB Holding'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.
  • OVB Holding has no debt, it does not need to be covered by short term assets.
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 OVB Holding Company Filings, last reported 3 months ago.

DB:O4B Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 90.64 0.00 100.97
2019-09-30 86.73 0.00 96.27
2019-06-30 84.40 0.00 88.85
2019-03-31 92.72 0.00 97.96
2018-12-31 90.44 0.00 87.99
2018-09-30 86.92 0.00 93.04
2018-06-30 85.02 0.00 89.22
2018-03-31 93.98 0.00 94.99
2017-12-31 89.23 0.00 94.93
2017-09-30 85.03 0.00 94.65
2017-06-30 83.11 0.00 92.26
2017-03-31 90.72 0.00 99.51
2016-12-31 88.27 0.01 95.11
2016-09-30 85.38 0.00 93.77
2016-06-30 81.66 0.00 93.32
2016-03-31 87.12 0.00 97.48
2015-12-31 85.00 0.01 93.53
2015-09-30 82.83 0.00 85.81
2015-06-30 79.87 0.00 82.06
2015-03-31 85.85 0.21 85.93
2014-12-31 83.61 0.26 82.19
2014-09-30 81.59 0.23 75.35
2014-06-30 78.85 0.23 68.27
2014-03-31 84.27 0.24 74.36
2013-12-31 83.04 0.24 73.33
2013-09-30 80.73 0.25 69.93
2013-06-30 78.23 0.28 69.02
  • OVB Holding has no debt.
  • OVB Holding has no debt compared to 5 years ago when it was 0.3%.
  • OVB Holding has no debt, it does not need to be covered by operating cash flow.
  • OVB Holding has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess OVB Holding'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. OVB Holding has a total score of 6/6, 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 OVB Holding'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
5%
Current annual income from OVB Holding dividends. Estimated to be 5.22% next year.
If you bought €2,000 of OVB Holding shares you are expected to receive €100 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?
  • OVB Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • OVB Holding's dividend is above the markets top 25% of dividend payers in Germany (4.87%).
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:O4B 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
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.6%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:O4B Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.80 2.00
2020-12-31 0.75 1.00
2020-04-01
DB:O4B Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-30 0.750 4.978
2019-03-21 0.750 4.454
2018-03-23 0.750 4.336
2017-03-28 0.750 3.832
2016-03-17 0.650 3.982
2015-03-27 0.600 3.648
2014-03-26 0.550 3.077
2013-03-26 0.550 2.876
2012-04-10 0.350 1.823
2012-03-27 0.350 1.852
2011-04-01 0.500 2.654
2011-03-25 0.500 2.598
2010-03-01 0.500 2.115
2009-04-24 1.350 3.950

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 fallen over the past 10 years.
Current Payout to shareholders
What portion of OVB Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess OVB Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can OVB Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. OVB Holding has a total score of 2/6, 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 OVB Holding'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
Mario Freis
COMPENSATION €746,000
AGE 44
TENURE AS CEO 4.2 years
CEO Bio

Mr. Mario Freis has been the Chief Executive Officer of OVB Holding AG since February 2016 an as its Member of Executive Board since January 1, 2010. Mr. Freis serves as the Chairman of the Executive Board at OVB Holding AG. Mr. Freis served as the Chief Sales Officer of OVB Holding AG until February 2016 and also served as its Chief Scientific Officer. He joined the OVB Group in 1995. Mr. Freis started his career in the Controlling department of OVB. In 2000, he was appointed as head of the department and in 2002 as departmental director for international business. Since 2001, Mr. Freis has been responsible for managing and monitoring foreign sales companies as a managing director, an executive board member or a supervisory or advisory board member. At OVB, his work has always primarily focused on sales. Over the last few years, Mr. Freis has been heavily involved in developing the European national companies and was responsible for preparing and implementing new market entries. Mr. Freis obtained his general university entrance qualification. In 1998 he successfully completed his training as an insurance professional at OVB Vermögensberatung AG in Cologne, subsequently concluding his studies as a Chamber of Industry and Commerce-qualified insurance specialist in 2001 while working full-time at the Company.

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

Mario Freis

TITLE
Chairman of the Executive Board & CEO
COMPENSATION
€746K
AGE
44
TENURE
4.2 yrs

Oskar Heitz

TITLE
Deputy Chairman of the Executive Board
COMPENSATION
€547K
AGE
66

Thomas Hücker

TITLE
COO & Member of Executive Board
COMPENSATION
€424K
AGE
54
TENURE
5.8 yrs

Brigitte Bonifer

TITLE
Director Investor Relations

Harald Pankowski

TITLE
Chief Executive Manager

Jürgen Kotulla

TITLE
Chief Executive Manager

Jürgen Pape

TITLE
Chief Executive Manager

Harald Ortner

TITLE
Managing Director of OVB Spain

Benedikt Fronc

TITLE
Managing Director of OVB Slovakia
Board of Directors Tenure

Average tenure and age of the OVB Holding board of directors in years:

7
Average Tenure
58
Average Age
  • The tenure for the OVB Holding board of directors is about average.
Board of Directors

Michael Johnigk

TITLE
Chairman of the Supervisory Board
COMPENSATION
€43K
AGE
66
TENURE
9.8 yrs

Thomas Lange

TITLE
Deputy Chairman of the Supervisory Board
COMPENSATION
€38K
AGE
56
TENURE
7.3 yrs

Markus Jost

TITLE
Member of Supervisory Board
COMPENSATION
€33K
AGE
58
TENURE
6.8 yrs

Wilfried Kempchen

TITLE
Member of the Supervisory Board
COMPENSATION
€15K
AGE
75
TENURE
7.8 yrs

Maximilian Beck

TITLE
Member of the Supervisory Board
COMPENSATION
€13K
AGE
46
TENURE
1.8 yrs

Harald Steirer

TITLE
Member of the Supervisory Board
AGE
58
TENURE
0.1 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 OVB Holding'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. OVB Holding 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

Company Info

Description

OVB Holding AG provides financial advisory services primarily to private households in Europe. The company engages in the provision of advisory to its clients in structuring their finances; and broking various financial products offered by insurance companies and other enterprises. OVB Holding AG was founded in 1970 and is headquartered in Cologne, Germany.

Details
Name: OVB Holding AG
O4B
Exchange: DB
Founded: 1970
€215,194,841
14,251,314
Website: http://www.ovb.eu
Address: OVB Holding AG
Heumarkt 1,
Cologne,
North Rhine-Westphalia, 50667,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA O4B Common Stock XETRA Trading Platform DE EUR 21. Jul 2006
DB O4B Common Stock Deutsche Boerse AG DE EUR 21. Jul 2006
LSE 0NEN Common Stock London Stock Exchange GB EUR 21. Jul 2006
Number of employees
Current staff
Staff numbers
620
OVB Holding employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 22:07
End of day share price update: 2020/04/01 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/30
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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

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