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Lanson-BCC

DB:GQ6
Snowflake Description

Established dividend payer with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GQ6
DB
€192M
Market Cap
  1. Home
  2. DE
  3. Food, Beverage & Tobacco
Company description

Lanson-BCC produces and sells wines in France and internationally. The last earnings update was 30 days ago. More info.


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GQ6 Share Price and Events
7 Day Returns
-0.7%
DB:GQ6
-0.2%
DE Beverage
2.5%
DE Market
1 Year Returns
-
DB:GQ6
4.9%
DE Beverage
2.6%
DE Market
GQ6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lanson-BCC (GQ6) -0.7% 2.3% - - - -
DE Beverage -0.2% 2.3% -1.1% 4.9% 24.3% 68.1%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • No trading data on GQ6.
  • No trading data on GQ6.
Price Volatility
GQ6
Industry
5yr Volatility vs Market

GQ6 Value

 Is Lanson-BCC 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 Lanson-BCC 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 Lanson-BCC.

DB:GQ6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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

Calculation of Discount Rate/ Cost of Equity for DB:GQ6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Beverage Unlevered Beta Simply Wall St/ S&P Global 0.51
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.508 (1 + (1- 33%) (287.52%))
1.325
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.33
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.325 * 6.65%)
9.04%

Discounted Cash Flow Calculation for DB:GQ6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Lanson-BCC is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:GQ6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.04%)
2020 12.15 Analyst x2 11.14
2021 14.10 Analyst x1 11.86
2022 15.46 Est @ 9.64% 11.92
2023 16.51 Est @ 6.82% 11.68
2024 17.31 Est @ 4.84% 11.23
2025 17.91 Est @ 3.46% 10.66
2026 18.36 Est @ 2.49% 10.02
2027 18.69 Est @ 1.81% 9.35
2028 18.94 Est @ 1.34% 8.69
2029 19.13 Est @ 1% 8.05
Present value of next 10 years cash flows €104.00
DB:GQ6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €19.13 × (1 + 0.23%) ÷ (9.04% – 0.23%)
€217.57
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €217.57 ÷ (1 + 9.04%)10
€91.57
DB:GQ6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €104.00 + €91.57
€195.57
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €195.57 / 7.10
€27.53
DB:GQ6 Discount to Share Price
Calculation Result
Value per share (EUR) From above. €27.53
Current discount Discount to share price of €27.00
= -1 x (€27.00 - €27.53) / €27.53
1.9%

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

Current Discount
Amount off the current price Lanson-BCC is available for.
Intrinsic value
2%
Share price is €27 vs Future cash flow value of €27.53
Current Discount Checks
For Lanson-BCC to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Lanson-BCC's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Lanson-BCC'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 Lanson-BCC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lanson-BCC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GQ6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €1.60
ENXTPA:ALLAN Share Price ** ENXTPA (2019-10-11) in EUR €27
Germany Beverage Industry PE Ratio Median Figure of 7 Publicly-Listed Beverage Companies 27.57x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of Lanson-BCC.

DB:GQ6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 27 ÷ 1.60

16.91x

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

  • Lanson-BCC is good value based on earnings compared to the DE Beverage industry average.
  • Lanson-BCC is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Lanson-BCC's expected growth come at a high price?
Raw Data
DB:GQ6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.91x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
12%per year
Europe Beverage Industry PEG Ratio Median Figure of 31 Publicly-Listed Beverage Companies 2.84x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:GQ6 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.91x ÷ 12%

1.41x

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

  • Lanson-BCC is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Lanson-BCC's assets?
Raw Data
DB:GQ6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €39.02
ENXTPA:ALLAN Share Price * ENXTPA (2019-10-11) in EUR €27
Germany Beverage Industry PB Ratio Median Figure of 8 Publicly-Listed Beverage Companies 1.56x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:GQ6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 27 ÷ 39.02

0.69x

* Primary Listing of Lanson-BCC.

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

  • Lanson-BCC is good value based on assets compared to the DE Beverage industry average.
X
Value checks
We assess Lanson-BCC'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 Beverage 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 Beverage industry average (and greater than 0)? (1 check)
  5. Lanson-BCC has a total score of 3/6, see the detailed checks below.

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

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

GQ6 Future Performance

 How is Lanson-BCC expected to perform in the next 1 to 3 years based on estimates from 3 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
12%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lanson-BCC expected to grow at an attractive rate?
  • Lanson-BCC's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Lanson-BCC's earnings growth is positive but not above the Germany market average.
  • Lanson-BCC's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:GQ6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:GQ6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 12%
DB:GQ6 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 2.5%
Germany Beverage Industry Earnings Growth Rate Market Cap Weighted Average -0.7%
Europe Beverage Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:GQ6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GQ6 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 290 23 16 1
2020-12-31 285 21 14 3
2019-12-31 280 21 13 3
2019-10-12
DB:GQ6 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 269 8 11
2019-03-31 273 7 12
2018-12-31 278 6 13
2018-09-30 271 9 12
2018-06-30 265 12 11
2018-03-31 263 13 11
2017-12-31 262 13 12
2017-09-30 257 3 11
2017-06-30 252 -7 10
2017-03-31 256 4 11
2016-12-31 259 15 11
2016-09-30 266 15 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Lanson-BCC's earnings are expected to grow by 12% yearly, however this is not considered high growth (20% yearly).
  • Lanson-BCC's revenue is expected to grow by 2.5% 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:GQ6 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 3 Analyst Estimates (S&P Global) See Below

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

DB:GQ6 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 2.22 2.22 2.22 1.00
2020-12-31 2.33 2.98 1.98 3.00
2019-12-31 1.92 2.12 1.82 3.00
2019-10-12
DB:GQ6 Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 1.60
2019-03-31 1.69
2018-12-31 1.79
2018-09-30 1.68
2018-06-30 1.58
2018-03-31 1.61
2017-12-31 1.64
2017-09-30 1.53
2017-06-30 1.41
2017-03-31 1.49
2016-12-31 1.57
2016-09-30 1.86

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

GQ6 Past Performance

  How has Lanson-BCC 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 Lanson-BCC's growth in the last year to its industry (Beverage).
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.
  • Lanson-BCC's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Lanson-BCC's 1-year earnings growth exceeds its 5-year average (1% vs -7%)
  • Lanson-BCC's earnings growth has exceeded the DE Beverage industry average in the past year (1% vs -2%).
Earnings and Revenue History
Lanson-BCC'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 Lanson-BCC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GQ6 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 268.78 11.34 61.42
2019-03-31 273.14 12.01 61.72
2018-12-31 277.50 12.68 62.02
2018-09-30 271.11 11.96 61.37
2018-06-30 264.72 11.23 60.73
2018-03-31 263.15 11.44 60.47
2017-12-31 261.59 11.65 60.21
2017-09-30 257.01 10.84 60.07
2017-06-30 252.42 10.02 59.92
2017-03-31 255.79 10.58 59.68
2016-12-31 259.15 11.15 59.44
2016-09-30 265.81 13.21 59.56
2016-06-30 272.47 15.28 59.68
2016-03-31 269.48 13.76 59.63
2015-12-31 266.50 12.24 59.59
2015-09-30 267.03 12.54 58.56
2015-06-30 267.56 12.83 57.53
2015-03-31 271.81 14.42 58.27
2014-12-31 276.06 16.00 59.00
2014-09-30 281.85 16.23 60.67
2014-06-30 287.64 16.45 62.34
2014-03-31 287.20 16.73 62.31
2013-12-31 286.77 17.00 62.27
2013-09-30 280.95 16.88 62.26
2013-06-30 275.14 16.76 62.25
2013-03-31 274.91 17.18 60.92
2012-12-31 274.68 17.60 59.59

*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.
  • Lanson-BCC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Lanson-BCC used its assets less efficiently than the DE Beverage industry average last year based on Return on Assets.
  • Lanson-BCC's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Lanson-BCC'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 Beverage 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.
Lanson-BCC has a total score of 2/6, 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.

GQ6 Health

 How is Lanson-BCC'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 Lanson-BCC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lanson-BCC is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lanson-BCC's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lanson-BCC'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Lanson-BCC Company Filings, last reported 3 months ago.

DB:GQ6 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 277.20 545.48 4.21
2019-03-31 277.20 545.48 4.21
2018-12-31 283.85 529.01 7.37
2018-09-30 283.85 529.01 7.37
2018-06-30 271.13 532.98 7.50
2018-03-31 271.13 532.98 7.50
2017-12-31 273.00 530.07 24.67
2017-09-30 273.00 530.07 24.67
2017-06-30 262.92 524.46 2.84
2017-03-31 262.92 524.46 2.84
2016-12-31 264.55 507.52 7.04
2016-09-30 264.55 507.52 7.04
2016-06-30 250.73 500.39 3.64
2016-03-31 250.73 500.39 3.64
2015-12-31 253.56 502.94 4.37
2015-09-30 253.56 502.94 4.37
2015-06-30 240.17 496.50 4.68
2015-03-31 240.17 496.50 4.68
2014-12-31 242.42 484.69 10.76
2014-09-30 242.42 484.69 10.76
2014-06-30 223.39 490.13 5.98
2014-03-31 223.39 490.13 5.98
2013-12-31 224.01 494.17 15.74
2013-09-30 224.01 494.17 15.74
2013-06-30 197.72 513.52 15.38
2013-03-31 197.72 513.52 15.38
2012-12-31 197.46 511.95 12.57
  • Lanson-BCC's level of debt (196.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (219.2% vs 196.8% today).
  • Debt is not well covered by operating cash flow (1.4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.5x coverage).
X
Financial health checks
We assess Lanson-BCC'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. Lanson-BCC 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.

GQ6 Dividends

 What is Lanson-BCC'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
1.85%
Current annual income from Lanson-BCC dividends. Estimated to be 1.78% next year.
If you bought €2,000 of Lanson-BCC shares you are expected to receive €37 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?
  • Lanson-BCC's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Lanson-BCC's dividend is below the markets top 25% of dividend payers in Germany (3.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:GQ6 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 3 Analyst Estimates (S&P Global) See Below
Germany Beverage Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 1.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:GQ6 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.62 1.00
2020-12-31 0.46 2.00
2019-12-31 0.43 2.00
2019-10-12
DB:GQ6 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-11 0.500 1.772
2019-03-20 0.500 1.727
2018-04-20 0.500 1.627
2018-03-29 0.500 1.611
2017-04-24 0.350 1.047
2017-03-30 0.350 1.169
2016-04-25 0.350 1.099
2016-03-31 0.350 1.168
2015-03-27 0.350 1.072
2014-05-16 0.318 0.925
2013-04-19 0.289 0.939
2013-03-27 0.289 1.025
2012-04-20 0.289 0.945
2012-03-27 0.289 0.752
2011-05-20 0.263 0.644
2010-04-23 0.239 0.588
2010-03-23 0.239 0.730
2009-03-17 0.239 0.927

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Lanson-BCC's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.2x coverage).
X
Income/ dividend checks
We assess Lanson-BCC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Lanson-BCC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lanson-BCC has a total score of 5/6, see the detailed checks below.


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

GQ6 Management

 What is the CEO of Lanson-BCC'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
Bruno Paillard
COMPENSATION €250,800
CEO Bio

Mr. Bruno Paillard serves as the Chairman and Chief Executive Officer at Lanson-BCC (also known as Boizel Chanoine Champagne SA). Mr. Paillard serves as Manager of SCI Moissons Champagne, SCI Moissons Maritain, Scev De La Pierre Vaudon, Scev Domaine Des Sarrins, SCI Midouin and SCI Du Clos Saint Roch. He has been a Director of Boizel Chanoine Champagne SA since May 19, 2006. He serves as Director of CGV, Maison Burtin, Charmoy, Champagne De Venoge, Champagne Philipponnat, Champagne Chanoine Freres, Champagne Boizel. He serves as Chairman of SAS Bruno Paillard , SAS De Nauroy and SAS Domaine Rene Jardin.

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

Bruno Paillard

TITLE
Chairman
COMPENSATION
€251K

Evelyne Roques-Boizel

TITLE
Deputy CEO & Director
COMPENSATION
€230K

Philippe Baijot

TITLE
Deputy CEO & Director
COMPENSATION
€335K

Nicolas Dugage

TITLE
CFO & Company Secretary
TENURE
0.8 yrs

Charles Philipponnat

TITLE
CEO of Champagne Philipponnat and Philipponnat Les Domaines Associes

Fabien Henry

TITLE
Chairman & CEO of Maison Burtin

François Lange

TITLE
CEO of Des Vignobles Alexandre Bonnet and Maison Alexandre Bonnet

Franck Coste

TITLE
Chairman & CEO of Champagne Chanoine Frères
AGE
55

Philippe Femel

TITLE
Deputy Chief Executive Officer of Champagne Chanoine Frères
Board of Directors Tenure

Average tenure of the Lanson-BCC board of directors in years:

13.4
Average Tenure
  • The average tenure for the Lanson-BCC board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Bruno Paillard

TITLE
Chairman
COMPENSATION
€251K
TENURE
7.4 yrs

Evelyne Roques-Boizel

TITLE
Deputy CEO & Director
COMPENSATION
€230K
TENURE
17.6 yrs

Philippe Baijot

TITLE
Deputy CEO & Director
COMPENSATION
€335K
TENURE
13.4 yrs

Gilles Bassetiere

TITLE
Chairman of Champagne De Venoge

Fabien Henry

TITLE
Chairman & CEO of Maison Burtin

Franck Coste

TITLE
Chairman & CEO of Champagne Chanoine Frères
AGE
55

François Van Aal

TITLE
Charman of Champagne Lanson & Lanson International Diffusion
TENURE
0.8 yrs

Michel Shapira

TITLE
Director
COMPENSATION
€10K
TENURE
14.4 yrs

Marie Paillard

TITLE
Director
COMPENSATION
€10K
TENURE
13.4 yrs

Philippe Vidal

TITLE
Director
COMPENSATION
€10K
AGE
65
TENURE
6.1 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 Lanson-BCC'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. Lanson-BCC 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.

GQ6 News

Simply Wall St News

GQ6 Company Info

Description

Lanson-BCC produces and sells wines in France and internationally. The company offers its products under the Champagne Lanson, Champagne Chanoine Frères, Champagne Besserat de Bellefon, Champagne Boizel, Champagne De Venoge, Champagne Philipponnat, Maison Burtin, and Champagne Alexandre Bonnet brand names. It distributes its products through mass retail stores, wine stores, gourmet food stores, restaurants, and hotels, as well as through mail-orders. The company was formerly known as Boizel Chanoine Champagne and changed its name to Lanson-BCC in 2010. Lanson-BCC is based in Reims, France.

Details
Name: Lanson-BCC
GQ6
Exchange: DB
Founded:
€191,774,169
7,102,747
Website: http://www.lanson-bcc.com
Address: Lanson-BCC
66 rue de Courlancy,
Reims,
Champagne-Ardenne, 51100,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ALLAN Ordinary Shares Euronext Paris FR EUR 06. Dec 1996
DB GQ6 Ordinary Shares Deutsche Boerse AG DE EUR 06. Dec 1996
Number of employees
Current staff
Staff numbers
503
Lanson-BCC employees.
Industry
Distillers and Vintners
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 23:36
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/09/13
Last earnings filing: 2019/09/12
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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

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