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Sparta

DB:SPT6
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SPT6
DB
€66M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Sparta AG is a publicly owned investment manager. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
  • Sparta is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Sparta has significant price volatility in the past 3 months.
SPT6 Share Price and Events
7 Day Returns
-16.2%
DB:SPT6
3%
DE Capital Markets
2.2%
DE Market
1 Year Returns
-43.6%
DB:SPT6
-6.9%
DE Capital Markets
-17.2%
DE Market
SPT6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sparta (SPT6) -16.2% -22.5% -25.7% -43.6% -46.3% -12.7%
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
  • SPT6 underperformed the Capital Markets industry which returned -6.9% over the past year.
  • SPT6 underperformed the Market in Germany which returned -17.2% over the past year.
Price Volatility
SPT6
Industry
5yr Volatility vs Market

Value

 Is Sparta undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sparta. This is due to cash flow or dividend data being unavailable. The share price is €62.
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 Sparta's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sparta's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SPT6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.47
DB:SPT6 Share Price ** DB (2020-04-01) in EUR €62
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 Sparta.

DB:SPT6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:SPT6 Share Price ÷ EPS (both in EUR)

= 62 ÷ 0.47

132.56x

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

  • Sparta is overvalued based on earnings compared to the DE Capital Markets industry average.
  • Sparta is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Sparta's expected growth come at a high price?
Raw Data
DB:SPT6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 132.56x
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 Sparta, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sparta's assets?
Raw Data
DB:SPT6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €123.65
DB:SPT6 Share Price * DB (2020-04-01) in EUR €62
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:SPT6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:SPT6 Share Price ÷ Book Value per Share (both in EUR)

= 62 ÷ 123.65

0.5x

* Primary Listing of Sparta.

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

  • Sparta is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Sparta'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. Sparta 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 Sparta 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 Sparta 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 Sparta expected to grow at an attractive rate?
  • Unable to compare Sparta's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sparta's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Sparta's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:SPT6 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:SPT6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SPT6 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 8 0
2019-09-30 6 0
2019-06-30 5 -1
2019-03-31 7 -1
2018-12-31 9 -1
2018-09-30 13 6
2018-06-30 18 14
2018-03-31 17 15
2017-12-31 17 17
2017-09-30 12 13
2017-06-30 8 9
2017-03-31 8 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sparta is high growth as no earnings estimate data is available.
  • Unable to determine if Sparta 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:SPT6 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 Sparta Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SPT6 Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.47
2019-09-30 -0.51
2019-06-30
2019-03-31
2018-12-31 -1.83
2018-09-30 8.33
2018-06-30
2018-03-31
2017-12-31 22.02
2017-09-30 17.18
2017-06-30
2017-03-31

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

Next steps:

  1. Examine Sparta's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Sparta'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. Sparta'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 Sparta'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.
Sparta has a total score of 0/6, see the detailed checks below.

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

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

Past Performance

  How has Sparta 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 Sparta'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.
  • Sparta's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sparta has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Sparta has become profitable in the last year making it difficult to compare the DE Capital Markets industry average.
Earnings and Revenue History
Sparta'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 Sparta Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SPT6 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 7.69 0.35 0.40
2019-09-30 6.21 -0.39 0.54
2019-06-30 4.73 -1.13 0.67
2019-03-31 6.71 -1.26 0.52
2018-12-31 8.68 -1.39 0.36
2018-09-30 13.34 6.31 0.65
2018-06-30 17.99 14.00 0.93
2018-03-31 17.33 15.33 1.53
2017-12-31 16.68 16.66 2.13
2017-09-30 12.43 13.01 2.21
2017-06-30 8.17 9.35 2.29
2017-03-31 7.57 7.49 1.68
2016-12-31 6.96 5.63 1.08
2016-09-30 3.78 4.00 0.80
2016-06-30 0.59 2.37 0.52
2016-03-31 8.09 6.27 0.94
2015-12-31 15.60 10.16 1.37
2015-09-30 22.89 12.87 1.28
2015-06-30 30.17 15.58 1.19
2015-03-31 27.12 11.59 1.03
2014-12-31 24.07 7.60 0.86
2014-09-30 25.46 5.68 1.19
2014-06-30 26.84 3.75 1.52
2014-03-31 24.03 3.57 1.60
2013-12-31 21.21 3.39 1.68
2013-09-30 19.47 3.17 1.61
2013-06-30 17.72 2.95 1.55

*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.
  • Sparta has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Sparta has efficiently used its assets last year compared to the DE Capital Markets industry average (Return on Assets) as it is loss-making.
  • Sparta's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sparta'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.
Sparta has a total score of 0/6, see the detailed checks below.

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

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

Health

 How is Sparta'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 Sparta's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sparta is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sparta's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sparta'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 5.8x 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 Sparta Company Filings, last reported 3 months ago.

DB:SPT6 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 93.59 5.37 22.99
2019-09-30 93.59 5.37 22.99
2019-06-30 78.77 15.14 16.16
2019-03-31 78.77 15.14 16.16
2018-12-31 74.53 22.80 3.79
2018-09-30 74.53 22.80 3.79
2018-06-30 79.90 0.00 7.72
2018-03-31 79.90 0.00 7.72
2017-12-31 75.91 0.00 11.38
2017-09-30 75.91 0.00 11.38
2017-06-30 65.90 6.03 14.49
2017-03-31 65.90 6.03 14.49
2016-12-31 59.25 4.64 15.26
2016-09-30 59.25 4.64 15.26
2016-06-30 56.55 0.00 21.09
2016-03-31 56.55 0.00 21.09
2015-12-31 53.62 0.00 25.02
2015-09-30 53.62 0.00 25.02
2015-06-30 54.18 0.00 33.66
2015-03-31 54.18 0.00 33.66
2014-12-31 43.46 0.00 25.97
2014-09-30 43.46 0.00 25.97
2014-06-30 38.60 0.00 21.95
2014-03-31 38.60 0.00 21.95
2013-12-31 35.86 0.00 23.63
2013-09-30 35.86 0.00 23.63
2013-06-30 34.85 0.00 24.47
  • Sparta's level of debt (5.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Sparta's debt level has increased without past 5-year debt data.
  • Unable to verify if debt is well covered by operating cash flow as Sparta has not reported sufficient balance sheet data.
  • Sparta earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Sparta'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. Sparta has a total score of 4/6, 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 Sparta'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 Sparta dividends.
If you bought €2,000 of Sparta 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 Sparta's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sparta'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:SPT6 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.

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

  • Unable to perform a dividend volatility check as Sparta has not reported any payouts.
  • Unable to verify if Sparta's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sparta's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sparta has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sparta'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 Sparta afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sparta has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Sparta'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.
  • Sparta has no CEO, or we have no data on them.
Management Team

Jens-Martin Jüttner

TITLE
Member of Management Board
TENURE
0.9 yrs

Philipp Wiedmann

TITLE
Member of Management Board
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure of the Sparta board of directors in years:

0.9
Average Tenure
  • The average tenure for the Sparta board of directors is less than 3 years, this suggests a new board.
Board of Directors

Wilhelm Zours

TITLE
Chairman of the Supervisory Board
AGE
58

Hans-Jörg Schmidt

TITLE
Vice Chairman of Supervisory Board
COMPENSATION
€10K
TENURE
0.3 yrs

Karin Lergenmüller

TITLE
Member of Supervisory Board
TENURE
0.9 yrs

Günter Werkmann

TITLE
Member of Supervisory Board
TENURE
0.9 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 Sparta'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. Sparta 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

Should You Buy Sparta AG (FRA:SPT6) At This PE Ratio?

and want to begin learning the link between Sparta AG (FRA:SPT6)’s fundamentals and stock market performance. … Sparta AG (FRA:SPT6) is trading with a trailing P/E of 7x, which is lower than the industry average of 15.3x. … Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

Sparta AG (FRA:SPT6): What Does It Mean For Your Portfolio?

SPT6’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … SPT6, with its market capitalisation of €121.10M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … This is an interesting conclusion, since both SPT6’s size and industry indicates the stock should have a higher beta than it currently has.

Simply Wall St -

Is Sparta AG's (FRA:SPT6) PE Ratio A Signal To Sell For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SPT6 Price per share = €160 Earnings per share = €7.433 ∴ Price-Earnings Ratio = €160 ÷ €7.433 = 21.5x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … SPT6’s P/E of 21.5x is higher than its industry peers (17.1x), which implies that each dollar of SPT6’s earnings is being overvalued by investors. … For example, if you are inadvertently comparing riskier firms with SPT6, then SPT6’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

Simply Wall St -

Company Info

Description

Sparta AG is a publicly owned investment manager. The firm also provides financial consultancy. It primarily provides its services to public and private companies. The firm invests in the public equity markets. Sparta AG was founded in 1995 and is based in Hamburg, Germany.

Details
Name: Sparta AG
SPT6
Exchange: DB
Founded: 1995
€65,782,200
996,700
Website: http://www.sparta.de
Address: Sparta AG
Brook 1,
Hamburg,
20457,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB SPT6 Bearer Shares Deutsche Boerse AG DE EUR 04. Aug 1998
DB SPTJ NPV (NEW SHS) Deutsche Boerse AG DE EUR 28. Nov 2019
Number of employees
Current staff
Staff numbers
2
Sparta 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 21:20
End of day share price update: 2020/04/01 00:00
Last earnings filing: 2020/03/20
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.