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Retelit

DB:EAEN
Snowflake Description

Excellent balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EAEN
DB
€250M
Market Cap
  1. Home
  2. DE
  3. Telecom
Company description

Retelit S.p.A., together with its subsidiary, e-via S.p.A, provides data and infrastructure services to the telecommunications market in Italy and internationally. The last earnings update was 26 days ago. More info.


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EAEN Share Price and Events
7 Day Returns
2.8%
DB:EAEN
3.6%
DE Telecom
2.1%
DE Market
1 Year Returns
-1.9%
DB:EAEN
-18.5%
DE Telecom
-16.6%
DE Market
EAEN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Retelit (EAEN) 2.8% 6.9% -1.4% -1.9% 19.5% 136.3%
DE Telecom 3.6% -14% -15% -18.5% -28.5% -34.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • EAEN outperformed the Telecom industry which returned -18.5% over the past year.
  • EAEN outperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
EAEN
Industry
5yr Volatility vs Market

EAEN Value

 Is Retelit 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 Retelit 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 Retelit.

DB:EAEN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.2%
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:EAEN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 8.2%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.39
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.391 (1 + (1- 24%) (8.47%))
0.609
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.8 * 8.23%)
6.19%

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

The calculations below outline how an intrinsic value for Retelit 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:EAEN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.19%)
2020 12.93 Est @ -6.1% 12.18
2021 12.36 Est @ -4.39% 10.96
2022 11.97 Est @ -3.19% 10.00
2023 11.69 Est @ -2.35% 9.19
2024 11.48 Est @ -1.76% 8.50
2025 11.33 Est @ -1.35% 7.90
2026 11.21 Est @ -1.06% 7.36
2027 11.11 Est @ -0.86% 6.87
2028 11.03 Est @ -0.72% 6.42
2029 10.96 Est @ -0.62% 6.01
Present value of next 10 years cash flows €85.00
DB:EAEN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €10.96 × (1 + -0.39%) ÷ (6.19% – -0.39%)
€165.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €165.86 ÷ (1 + 6.19%)10
€90.94
DB:EAEN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €85.00 + €90.94
€175.94
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €175.94 / 164.26
€1.07
DB:EAEN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:EAEN represents 0.98421x of BIT:LIT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98421x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 1.07 x 0.98421
€1.05
Value per share (EUR) From above. €1.05
Current discount Discount to share price of €1.50
= -1 x (€1.50 - €1.05) / €1.05
-41.9%

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

  • The current share price of Retelit is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Retelit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Retelit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:EAEN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.07
BIT:LIT Share Price ** BIT (2020-04-07) in EUR €1.52
Europe Telecom Industry PE Ratio Median Figure of 61 Publicly-Listed Telecom Companies 17.97x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of Retelit.

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

= BIT:LIT Share Price ÷ EPS (both in EUR)

= 1.52 ÷ 0.07

21.15x

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

  • Retelit is overvalued based on earnings compared to the Europe Telecom industry average.
  • Retelit is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Retelit's expected growth come at a high price?
Raw Data
DB:EAEN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Telecom Industry PEG Ratio Median Figure of 33 Publicly-Listed Telecom Companies 1.36x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*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 Retelit, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Retelit's assets?
Raw Data
DB:EAEN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €0.91
BIT:LIT Share Price * BIT (2020-04-07) in EUR €1.52
Germany Telecom Industry PB Ratio Median Figure of 7 Publicly-Listed Telecom Companies 1.24x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:EAEN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:LIT Share Price ÷ Book Value per Share (both in EUR)

= 1.52 ÷ 0.91

1.67x

* Primary Listing of Retelit.

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

  • Retelit is overvalued based on assets compared to the DE Telecom industry average.
X
Value checks
We assess Retelit'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 Telecom 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 Telecom industry average (and greater than 0)? (1 check)
  5. Retelit has a total score of 0/6, see the detailed checks below.

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

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

EAEN Future Performance

 How is Retelit 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 Retelit 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
19.4%
Expected Telecom industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Retelit expected to grow at an attractive rate?
  • Unable to compare Retelit's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Retelit's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Retelit's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:EAEN Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Telecom Industry Earnings Growth Rate Market Cap Weighted Average 19.4%
Germany Telecom Industry Revenue Growth Rate Market Cap Weighted Average 2.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:EAEN 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:EAEN Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-07
DB:EAEN Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 83 35 11
2019-09-30 78 29 13
2019-06-30 74 27 11
2019-03-31 71 24 11
2018-12-31 69 27 10
2018-09-30 66 30 10
2018-06-30 63 35 10
2018-03-31 61 22 11
2017-12-31 60 31 11
2017-09-30 56 20 6
2017-06-30 54 20 6
2017-03-31 49 32 3

*GAAP earnings excluding extraordinary items.

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

DB:EAEN Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-07
DB:EAEN Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31
2019-09-30 0.07
2019-06-30 0.08
2019-03-31
2018-12-31 0.06
2018-09-30
2018-06-30 0.05
2018-03-31
2017-12-31 0.07
2017-09-30
2017-06-30 0.03
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 Retelit will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Retelit'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. Retelit'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 Telecom companies here
  3. Retelit'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 Retelit'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.
Retelit 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.

EAEN Past Performance

  How has Retelit 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 Retelit's growth in the last year to its industry (Telecom).
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.
  • Retelit has delivered over 20% year on year earnings growth in the past 5 years.
  • Retelit's 1-year earnings growth is less than its 5-year average (7.4% vs 55%)
  • Retelit's earnings growth has not exceeded the Europe Telecom industry average in the past year (7.4% vs 8.5%).
Earnings and Revenue History
Retelit'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 Retelit Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:EAEN 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 82.99 10.88
2019-09-30 77.85 13.18 0.22
2019-06-30 73.84 11.24 0.22
2019-03-31 71.38 10.97 0.22
2018-12-31 69.26 10.12 0.22
2018-09-30 66.22 10.29 4.10
2018-06-30 63.04 9.54 4.10
2018-03-31 61.37 10.87 4.10
2017-12-31 60.03 11.38 4.10
2017-09-30 56.49 5.87 3.85
2017-06-30 54.30 5.56 3.85
2017-03-31 49.35 3.33 3.85
2016-12-31 48.13 2.87 3.85
2016-09-30 47.88 3.13 3.80
2016-06-30 46.22 2.52 3.80
2016-03-31 44.61 0.48 3.80
2015-12-31 41.77 3.42 3.80
2015-09-30 39.67 -3.93 3.85
2015-06-30 38.14 -5.30 3.85
2015-03-31 37.15 -4.19 3.85
2014-12-31 36.47 -7.88 3.85
2014-09-30 36.02 -1.41 3.81
2014-06-30 36.18 -0.88 3.81
2014-03-31 36.74 -1.02 3.81
2013-12-31 37.49 -0.88 3.81
2013-09-30 37.35 -3.15 3.96
2013-06-30 37.00 -3.08 3.96

*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.
  • Retelit has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Retelit used its assets less efficiently than the Europe Telecom industry average last year based on Return on Assets.
  • Retelit has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Retelit'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 Telecom 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.
Retelit 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.

EAEN Health

 How is Retelit'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 Retelit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Retelit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Retelit's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Retelit'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 69.5x 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 Retelit Company Filings, last reported 3 months ago.

DB:EAEN Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 162.78 0.87 24.45
2019-09-30 166.73 9.83 30.91
2019-06-30 163.10 13.01 30.28
2019-03-31 137.55 3.25 5.37
2018-12-31 167.38 16.53 47.36
2018-09-30 161.04 16.64 46.40
2018-06-30 159.40 20.01 48.51
2018-03-31 128.86 20.13 49.38
2017-12-31 146.47 32.53 65.95
2017-09-30 139.93 23.65 28.18
2017-06-30 139.07 24.01 27.62
2017-03-31 136.25 23.70 32.04
2016-12-31 135.36 11.93 19.46
2016-09-30 134.19 11.96 19.06
2016-06-30 133.58 12.11 15.29
2016-03-31 132.58 7.35 14.01
2015-12-31 132.44 2.00 12.40
2015-09-30 131.09 2.00 10.99
2015-06-30 131.15 2.00 12.40
2015-03-31 132.43 0.00 17.27
2014-12-31 128.96 0.00 15.58
2014-09-30 135.18 0.00 15.61
2014-06-30 136.61 0.00 18.97
2014-03-31 137.00 0.00 19.86
2013-12-31 137.00 0.00 19.86
2013-09-30
2013-06-30 137.46 2.90 12.80
  • Retelit's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Retelit's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (3978.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.4x coverage).
X
Financial health checks
We assess Retelit'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. Retelit has a total score of 5/6, 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.

EAEN Dividends

 What is Retelit'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
1.32%
Current annual income from Retelit dividends.
If you bought €2,000 of Retelit shares you are expected to receive €26 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?
  • Retelit's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Retelit's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
Upcoming dividend payment

Purchase Retelit before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:EAEN 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 Telecom Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 4.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:EAEN Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-04-07
DB:EAEN Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-12 0.020 1.433
2019-04-02 0.020 1.324
2019-03-15 0.020 1.337
2018-04-03 0.020 1.301
2018-03-15 0.020 1.013

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

  • Whilst dividend payments have been stable, Retelit has been paying a dividend for less than 10 years.
  • Retelit has only been paying a dividend for 2 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Retelit's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x 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 Retelit'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 Retelit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Retelit has a total score of 1/6, see the detailed checks below.


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

EAEN Management

 What is the CEO of Retelit'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
Federico Protto
COMPENSATION €505,771
AGE 52
TENURE AS CEO 5.3 years
CEO Bio

Mr. Federico Protto has been the Chief Executive Officer and Director of Retelit SpA since January 2015. Mr. Protto has been General Manager of Retelit S.p.A. since January 07, 2015

CEO Compensation
  • Insufficient data for Federico to compare compensation growth.
  • Federico's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Retelit management team in years:

0.4
Average Tenure
  • The average tenure for the Retelit management team is less than 2 years, this suggests a new team.
Management Team

Federico Protto

TITLE
CEO & Director
COMPENSATION
€506K
AGE
52
TENURE
5.3 yrs

Enrico Mondo

TITLE
Chief Operating Officer
COMPENSATION
€155K

Mirko Endrizzi

TITLE
Chief Financial Officer
TENURE
0.4 yrs

Marco Calzolari

TITLE
Group Controller & Head of Corporate Development
TENURE
0.4 yrs

Giada Cesare

TITLE
Head of Human Resources

Giuseppe Sini

TITLE
Head of Retelit International BU

Antonio Baldini

TITLE
Head of IT

Antonio Vercalli

TITLE
Head of Procurement
Board of Directors Tenure

Average tenure and age of the Retelit board of directors in years:

2.3
Average Tenure
52
Average Age
  • The average tenure for the Retelit board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dario Pardi

TITLE
Chairman
COMPENSATION
€365K
TENURE
5.3 yrs

Federico Protto

TITLE
CEO & Director
COMPENSATION
€506K
AGE
52
TENURE
5.3 yrs

Fabio Monti

TITLE
Chairman of Board of Auditors

Paola Bruno

TITLE
Independent Director
AGE
52
TENURE
2.3 yrs

Marina Rubini

TITLE
Independent Director
AGE
49
TENURE
2.3 yrs

Gianluca Ferrari

TITLE
Non-Executive Director
TENURE
2.3 yrs

Faisel Gergab

TITLE
Non-Executive Director
TENURE
2.3 yrs

Gianbeppi Fortis

TITLE
Independent Director
AGE
54
TENURE
2.3 yrs

Patrizia Mantoan

TITLE
Independent Director
TENURE
2.3 yrs

Luca Sintoni

TITLE
Director
TENURE
0.5 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 Retelit'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. Retelit 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.

EAEN News

Simply Wall St News

EAEN Company Info

Description

Retelit S.p.A., together with its subsidiary, e-via S.p.A, provides data and infrastructure services to the telecommunications market in Italy and internationally. The company offers infrastructure services that comprise Dark Fiber, a service that includes granting an indefeasible right of use (IRU), or rental of one or more fiber pairs; and infrastructure ducts that run along highways and national roads to reach various principal urban areas. It also provides data center services, which include housing/co-location, cloud backup and storage, disaster recovery, cloud content management, and application performance management; connectivity services, such as SDH/WDM network transmission, carrier Ethernet, broadband, and wireless services, as well as SDH networks with Ethernet converters. In addition, the company offers Internet services, IP services, virtual private network services, and managed network services; and international connectivity services based on the AAE-1 system, as well as land services for AAE-1. It owns approximately 12,500 kilometers of fiber optics, 9 metropolitan networks, and 15 data centers in Italy. The company serves operators and service providers, and enterprises, as well as the public sector. Retelit S.p.A. was founded in 1999 and is headquartered in Milan, Italy.

Details
Name: Retelit S.p.A.
EAEN
Exchange: DB
Founded: 1999
€249,682,717
164,264,946
Website: http://www.retelit.it
Address: Retelit S.p.A.
Viale Francesco Restelli, 3/7,
Milan,
Milan, 20124,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT LIT Common Stock Borsa Italiana IT EUR 03. Aug 2000
DB EAEN Common Stock Deutsche Boerse AG DE EUR 03. Aug 2000
LSE 0J03 Common Stock London Stock Exchange GB EUR 03. Aug 2000
BATS-CHIXE LITM Common Stock BATS 'Chi-X Europe' GB EUR 03. Aug 2000
Number of employees
Current staff
Staff numbers
92
Retelit employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 20:45
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2019/11/11
Last earnings filing: 2020/03/12
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.