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Elysee Development

DB:QLDN
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QLDN
DB
CA$8M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Elysee Development Corp. operates as an investment and venture capital firm that makes growth capital investments. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Elysee Development is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Elysee Development has significant price volatility in the past 3 months.
QLDN Share Price and Events
7 Day Returns
-7.3%
DB:QLDN
3%
DE Capital Markets
2.2%
DE Market
1 Year Returns
-25.8%
DB:QLDN
-6.9%
DE Capital Markets
-17.2%
DE Market
QLDN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Elysee Development (QLDN) -7.3% -28.2% -19.1% -25.8% -32.8% 27.1%
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
  • QLDN underperformed the Capital Markets industry which returned -6.9% over the past year.
  • QLDN underperformed the Market in Germany which returned -17.2% over the past year.
Price Volatility
QLDN
Industry
5yr Volatility vs Market

QLDN Value

 Is Elysee Development 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 Elysee Development 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 Elysee Development.

DB:QLDN 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
= CA$0.53 * 8.8%
CA$0.05
Book Value of Equity per Share Median Book Value from the past 5 years. CA$0.53
Discount Rate (Cost of Equity) See below 4.1%
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:QLDN
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- 26.5%) (0%))
0.834
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.834 * 5.44%)
4.15%

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

The calculations below outline how an intrinsic value for Elysee Development 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:QLDN Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8.8% – 4.15%) * CA$0.53)
CA$0.02
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CA$0.02 / (4.15% - -0.39%)
CA$0.54
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CA$0.53 + CA$0.54
CA$1.07
DB:QLDN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:QLDN represents 0.59333x of TSXV:ELC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.59333x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 1.07 x 0.59333
€0.64
Value per share (EUR) From above. €0.64
Current discount Discount to share price of €0.18
= -1 x (€0.18 - €0.64) / €0.64
72%

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

Current Discount
Amount off the current price Elysee Development is available for.
Intrinsic value
>50%
Share price is €0.178 vs Future cash flow value of €0.63649
Current Discount Checks
For Elysee Development to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Elysee Development's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Elysee Development's share price is below the future cash flow value, and 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 Elysee Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Elysee Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:QLDN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$0.06
TSXV:ELC Share Price ** TSXV (2020-04-01) in CAD CA$0.3
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 Elysee Development.

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

= TSXV:ELC Share Price ÷ EPS (both in CAD)

= 0.3 ÷ 0.06

4.8x

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

  • Elysee Development is good value based on earnings compared to the DE Capital Markets industry average.
  • Elysee Development is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Elysee Development's expected growth come at a high price?
Raw Data
DB:QLDN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 .

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

  • Unable to calculate PEG ratio for Elysee Development, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Elysee Development's assets?
Raw Data
DB:QLDN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.56
TSXV:ELC Share Price * TSXV (2020-04-01) in CAD CA$0.3
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:QLDN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ELC Share Price ÷ Book Value per Share (both in CAD)

= 0.3 ÷ 0.56

0.53x

* Primary Listing of Elysee Development.

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

  • Elysee Development is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Elysee Development'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. Elysee Development has a total score of 5/6, 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.

QLDN Future Performance

 How is Elysee Development expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Elysee Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
39.4%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Elysee Development expected to grow at an attractive rate?
  • Unable to compare Elysee Development's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Elysee Development's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Elysee Development's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:QLDN Future Growth Rates Data Sources
Data Point Source Value (per year)
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:QLDN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:QLDN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 2 -1 2
2019-08-31 2 -2 1
2019-05-31 2 -1 1
2019-02-28 2 1 1
2018-11-30 2 2 1
2018-08-31 2 3 1
2018-05-31 2 1 1
2018-02-28 1 1 1
2017-11-30 1 0 1
2017-08-31 -1 -2 -1
2017-05-31 2 -2 1
2017-02-28 5 -2 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Elysee Development is high growth as no earnings estimate data is available.
  • Unable to determine if Elysee Development is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:QLDN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

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

DB:QLDN Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 0.06
2019-08-31 0.04
2019-05-31 0.04
2019-02-28 0.05
2018-11-30 0.06
2018-08-31 0.07
2018-05-31 0.05
2018-02-28 0.02
2017-11-30 0.03
2017-08-31 -0.07
2017-05-31 0.05
2017-02-28 0.20

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Elysee Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Elysee Development is trading at Elysee Development'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Elysee Development's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Elysee Development's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Elysee Development'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.
Elysee Development has a total score of 0/6, see the detailed checks below.

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

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

QLDN Past Performance

  How has Elysee Development 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 Elysee Development'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.
  • Elysee Development's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Elysee Development's 1-year earnings growth exceeds its 5-year average (35% vs -19.9%)
  • Elysee Development's earnings growth has exceeded the DE Capital Markets industry average in the past year (35% vs 3.2%).
Earnings and Revenue History
Elysee Development'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 Elysee Development Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:QLDN Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2.26 1.68 0.55
2019-08-31 1.62 1.03 0.56
2019-05-31 1.53 0.99 0.51
2019-02-28 1.69 1.16 0.51
2018-11-30 1.89 1.29 0.57
2018-08-31 2.07 1.49 0.56
2018-05-31 1.78 1.11 0.63
2018-02-28 1.22 0.52 0.63
2017-11-30 1.26 0.65 0.54
2017-08-31 -0.83 -1.47 0.58
2017-05-31 1.62 0.98 0.58
2017-02-28 4.89 4.27 0.58
2016-11-30 4.22 3.62 0.59
2016-08-31 5.95 5.39 0.51
2016-05-31 3.22 2.85 0.45
2016-02-29 0.22 -0.13 0.43
2015-11-30 0.92 0.74 0.39
2015-08-31 0.77 2.72 0.38
2015-05-31 1.06 2.82 0.39
2015-02-28 1.17 2.69 0.46
2014-11-30 1.80 0.48
2014-08-31 -0.05 0.58
2014-05-31 0.00 0.63
2014-02-28 0.13 0.70
2013-11-30 -0.31 0.74
2013-08-31 -1.50 0.16 0.72
2013-05-31 -1.04 -0.50 1.05

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

QLDN Health

 How is Elysee Development'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 Elysee Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Elysee Development is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Elysee Development has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Elysee Development'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.
  • Elysee Development 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 Elysee Development Company Filings, last reported 3 months ago.

DB:QLDN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 15.06 0.00 12.18
2019-08-31 14.15 0.00 11.15
2019-05-31 14.15 0.00 11.60
2019-02-28 14.23 0.00 11.78
2018-11-30 13.91 0.00 13.14
2018-08-31 12.15 0.00 12.12
2018-05-31 12.18 0.00 12.15
2018-02-28 12.10 0.00 12.09
2017-11-30 11.50 0.00 11.56
2017-08-31 11.25 0.00 11.24
2017-05-31 11.58 0.00 11.62
2017-02-28 12.09 0.00 12.12
2016-11-30 11.57 0.00 11.73
2016-08-31 13.32 0.00 13.30
2016-05-31 10.92 0.00 10.87
2016-02-29 8.43 0.00 8.41
2015-11-30 8.04 0.00 8.03
2015-08-31 8.11 0.00 8.05
2015-05-31 8.44 0.00 8.39
2015-02-28 8.67 0.00 8.66
2014-11-30 7.42 0.00 7.42
2014-08-31 5.47 0.00 6.40
2014-05-31 5.66 0.00 6.66
2014-02-28 6.00 0.00 7.01
2013-11-30 5.62 0.00 6.70
2013-08-31 5.55 0.00 6.87
2013-05-31 7.31 0.00 8.67
  • Elysee Development has no debt.
  • Elysee Development has not taken on any debt in the past 5 years.
  • Elysee Development has no debt, it does not need to be covered by operating cash flow.
  • Elysee Development has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Elysee Development'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. Elysee Development 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.

QLDN Dividends

 What is Elysee Development'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
10%
Current annual income from Elysee Development dividends.
If you bought €2,000 of Elysee Development shares you are expected to receive €200 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?
  • Elysee Development's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • Elysee Development'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:QLDN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
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:QLDN Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2020-02-21 0.030 9.176
2019-07-12 0.030 8.448
2019-01-31 0.030 8.188
2018-10-15 0.030 8.586
2018-01-30 0.030 8.449
2017-07-10 0.010 3.221
2016-04-28 0.020 5.995
2016-02-19 0.020 9.489

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

  • Elysee Development has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Elysee Development only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Elysee Development's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Elysee Development'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 Elysee Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Elysee Development has a total score of 3/6, see the detailed checks below.


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

QLDN Management

 What is the CEO of Elysee Development'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
Guido Cloetens
COMPENSATION CA$214,805
AGE 52
TENURE AS CEO 2.2 years
CEO Bio

Mr. Guido Cloetens serves as Chairman and Chief Executive Officer of Elysee Development Corp. since February 2018. He previously served as Executive Chairman at the firm. Mr. Cloetens serves as the President and Chief Executive Officer of La Vérité BVBA. He served as the Chairman of Canvass Ventures Ltd. He served as Chairman of Elysee Development Corp. since July 10, 2013 and June 27, 2014 respectively. He has been Director of Elysee Development Corp. since July 10, 2012. He is a businessman with 27 years of extensive wealth management and institutional investing experience. Mr. Cloetens served as Senior Investment Advisor to international institutional Advisors from 1988 to 1995 at Daiwa Securities and KBC Bank. He is active in the financial markets since 1988, he has participated in numerous financings and initial public offerings in Europe, the United States and in Canada in both private equity and public companies. Mr. Cloetens is also the founder and CEO of Lucato bvba and La Vérité bvba. Both are closely-held private consulting companies which provide financial advisement and management services, in addition to holding a portfolio of real estate and other investments. Mr. Cloetens has also served as a Senior Investment Advisor of ABN AMRO Bank. Mr. Cloetens is a Certified Investment & Financial advisor located in Brussels, Belgium. Mr. Cloetens obtained a degree in Corporate Finance, Investment and Financial Statement Analysis from the EHSAL Management School.

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

Guido Cloetens

TITLE
Chairman & CEO
COMPENSATION
CA$215K
AGE
52
TENURE
2.2 yrs

Stuart Rogers

TITLE
President & Director
COMPENSATION
CA$119K
AGE
62

Gord Steblin

TITLE
CFO & Secretary
COMPENSATION
CA$114K
AGE
59
TENURE
11.3 yrs
Board of Directors Tenure

Average tenure and age of the Elysee Development board of directors in years:

6.8
Average Tenure
58.5
Average Age
  • The tenure for the Elysee Development board of directors is about average.
Board of Directors

Guido Cloetens

TITLE
Chairman & CEO
COMPENSATION
CA$215K
AGE
52

Stuart Rogers

TITLE
President & Director
COMPENSATION
CA$119K
AGE
62
TENURE
13.1 yrs

Martin Burian

TITLE
Independent Director
COMPENSATION
CA$33K
AGE
55
TENURE
6.8 yrs

Gaston Reymenants

TITLE
Independent Director
COMPENSATION
CA$33K
AGE
70
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • Elysee Development individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
01. Feb 20 Buy Lucato bvba Company 30. Jan 20 30. Jan 20 2,000 €0.25 €494
11. Jan 20 Buy Lucato bvba Company 10. Jan 20 10. Jan 20 125,000 €0.25 €31,000
11. Jan 20 Buy Lucato bvba Company 09. Jan 20 09. Jan 20 10,000 €0.25 €2,478
11. Jan 20 Sell Guido Cloetens Individual 10. Jan 20 10. Jan 20 -125,000 €0.25 €-31,000
02. Jan 20 Buy Lucato bvba Company 31. Dec 19 31. Dec 19 5,000 €0.24 €1,213
25. Dec 19 Sell Lucato bvba Company 20. Dec 19 20. Dec 19 -104,500 €0.24 €-24,995
14. Dec 19 Sell Lucato bvba Company 13. Dec 19 13. Dec 19 -54,000 €0.24 €-12,874
03. Dec 19 Sell Lucato bvba Company 29. Nov 19 29. Nov 19 -200,000 €0.24 €-47,118
X
Management checks
We assess Elysee Development'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. Elysee Development 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.

QLDN News

Simply Wall St News

QLDN Company Info

Description

Elysee Development Corp. operates as an investment and venture capital firm that makes growth capital investments. The firm makes investments, with a focus on the natural resource sector. Its investment portfolio consists of equity investments in small and medium sized public companies, with a focus on precious and specialty metals; and investments in convertible debentures of mining companies. The company was formerly known as Alberta Star Development Corp. and changed its name to Elysee Development Corp. in July 2015. Elysee Development Corp. was incorporated in 1996 and is headquartered in Vancouver, Canada.

Details
Name: Elysee Development Corp.
QLDN
Exchange: DB
Founded: 1996
CA$5,212,024
26,989,113
Website: http://www.elyseedevelopment.com
Address: Elysee Development Corp.
1066 West Hastings Street,
Suite 2300,
Vancouver,
British Columbia, V6E 3X2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ELC Common Shares TSX Venture Exchange CA CAD 05. Dec 1997
OTCPK ASXS.F Common Shares Pink Sheets LLC US USD 05. Dec 1997
DB QLDN Common Shares Deutsche Boerse AG DE EUR 05. Dec 1997
Number of employees
Current staff
Staff numbers
0
Elysee Development 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 21:11
End of day share price update: 2020/04/01 00:00
Last earnings filing: 2020/02/21
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.