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Bremer Lagerhaus Gesellschaft von 1877

DB:BLH
Snowflake Description

Average dividend payer with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLH
DB
€49M
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 provides seaport-oriented logistics services worldwide. The last earnings update was 341 days ago. More info.


Add to Portfolio Compare Print
BLH Share Price and Events
7 Day Returns
2.4%
DB:BLH
11.3%
DE Infrastructure
9.9%
DE Market
1 Year Returns
-8%
DB:BLH
-43.8%
DE Infrastructure
-17.5%
DE Market
BLH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bremer Lagerhaus Gesellschaft von 1877 (BLH) 2.4% 0.8% -0.8% -8% -4.5% -8.4%
DE Infrastructure 11.3% -34% -49.8% -43.8% -42.3% -21.2%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • BLH outperformed the Infrastructure industry which returned -43.8% over the past year.
  • BLH outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
BLH
Industry
5yr Volatility vs Market

Value

 Is Bremer Lagerhaus Gesellschaft von 1877 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 Bremer Lagerhaus Gesellschaft von 1877 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 Bremer Lagerhaus Gesellschaft von 1877.

DB:BLH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2018-12-31) in EUR € .450000
Payout Ratio Company Filings (2018-12-31) 90035.8%
Discount Rate (Cost of Equity) See below 10.5%
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:BLH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 30%) (398.1%))
2.178
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:BLH using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Bremer Lagerhaus Gesellschaft von 1877 is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:BLH Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €0.45 / (10.49% - -0.39%)
€0.36
DB:BLH Discount to Share Price
Calculation Result
Value per share (EUR) From above. €0.36
Current discount Discount to share price of €12.60
= -1 x (€12.60 - €0.36) / €0.36
-3368.1%

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

  • The current share price of Bremer Lagerhaus Gesellschaft von 1877 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 Bremer Lagerhaus Gesellschaft von 1877's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bremer Lagerhaus Gesellschaft von 1877's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BLH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.66
DB:BLH Share Price ** DB (2020-03-31) in EUR €12.6
Europe Infrastructure Industry PE Ratio Median Figure of 38 Publicly-Listed Infrastructure Companies 10.3x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

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

** Primary Listing of Bremer Lagerhaus Gesellschaft von 1877.

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

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

= 12.6 ÷ 0.66

19.04x

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

  • Bremer Lagerhaus Gesellschaft von 1877 is overvalued based on earnings compared to the Europe Infrastructure industry average.
  • Bremer Lagerhaus Gesellschaft von 1877 is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Bremer Lagerhaus Gesellschaft von 1877's expected growth come at a high price?
Raw Data
DB:BLH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Infrastructure Industry PEG Ratio Median Figure of 18 Publicly-Listed Infrastructure Companies 1.17x
Germany Market PEG Ratio Median Figure of 255 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 Bremer Lagerhaus Gesellschaft von 1877, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bremer Lagerhaus Gesellschaft von 1877's assets?
Raw Data
DB:BLH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €5.53
DB:BLH Share Price * DB (2020-03-31) in EUR €12.6
Germany Infrastructure Industry PB Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 0.9x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:BLH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 12.6 ÷ 5.53

2.28x

* Primary Listing of Bremer Lagerhaus Gesellschaft von 1877.

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

  • Bremer Lagerhaus Gesellschaft von 1877 is overvalued based on assets compared to the DE Infrastructure industry average.
X
Value checks
We assess Bremer Lagerhaus Gesellschaft von 1877'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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. Bremer Lagerhaus Gesellschaft von 1877 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.

Future Performance

 How is Bremer Lagerhaus Gesellschaft von 1877 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 Bremer Lagerhaus Gesellschaft von 1877 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
4.4%
Expected Infrastructure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bremer Lagerhaus Gesellschaft von 1877 expected to grow at an attractive rate?
  • Unable to compare Bremer Lagerhaus Gesellschaft von 1877's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bremer Lagerhaus Gesellschaft von 1877's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Bremer Lagerhaus Gesellschaft von 1877's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:BLH Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 4.4%
Europe Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
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:BLH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year 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:BLH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,141 23 3
2017-12-31 1,088 42 2
2016-12-31 1,046 44 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bremer Lagerhaus Gesellschaft von 1877 is high growth as no earnings estimate data is available.
  • Unable to determine if Bremer Lagerhaus Gesellschaft von 1877 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:BLH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bremer Lagerhaus Gesellschaft von 1877 Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BLH Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.66
2017-12-31 0.60
2016-12-31 0.45

*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 Bremer Lagerhaus Gesellschaft von 1877 will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Bremer Lagerhaus Gesellschaft von 1877 is a dividend payer. Have a look at its current yield, dividend levels over time and whether analysts believe the payout ratio will be sustainable moving forward.
  2. Bremer Lagerhaus Gesellschaft von 1877'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 Transportation companies here
  3. Bremer Lagerhaus Gesellschaft von 1877'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 Bremer Lagerhaus Gesellschaft von 1877'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 Europe 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.
Bremer Lagerhaus Gesellschaft von 1877 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 Bremer Lagerhaus Gesellschaft von 1877 performed over the past 5 years?

  • Bremer Lagerhaus Gesellschaft von 1877's last earnings update was 341 days ago.
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 Bremer Lagerhaus Gesellschaft von 1877's growth in the last year to its industry (Infrastructure).
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.
  • Insufficient data to establish if Bremer Lagerhaus Gesellschaft von 1877's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Bremer Lagerhaus Gesellschaft von 1877's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Bremer Lagerhaus Gesellschaft von 1877's earnings growth has exceeded the Europe Infrastructure industry average in the past year (9.8% vs 6.9%).
Earnings and Revenue History
Bremer Lagerhaus Gesellschaft von 1877'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 Bremer Lagerhaus Gesellschaft von 1877 Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BLH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,141.33 2.54 109.05
2017-12-31 1,087.82 2.32 105.08
2016-12-31 1,045.64 1.72 105.46
2015-12-31 938.61 1.70 96.34
2014-12-31 882.76 1.67 92.43
2014-09-30 868.08 1.90 90.63
2014-06-30 1,179.16 2.13 101.22
2014-03-31 1,179.69 2.19 101.22
2013-12-31 854.46 2.25 88.84
2013-09-30 1,014.24 2.30 96.34
2013-06-30 1,006.10 2.36 91.45

*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.
  • Bremer Lagerhaus Gesellschaft von 1877 has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bremer Lagerhaus Gesellschaft von 1877 used its assets less efficiently than the Europe Infrastructure industry average last year based on Return on Assets.
  • It is difficult to establish if Bremer Lagerhaus Gesellschaft von 1877 improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bremer Lagerhaus Gesellschaft von 1877'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 Infrastructure 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.
Bremer Lagerhaus Gesellschaft von 1877 has a total score of 1/6, 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 Bremer Lagerhaus Gesellschaft von 1877'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 Bremer Lagerhaus Gesellschaft von 1877's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bremer Lagerhaus Gesellschaft von 1877's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bremer Lagerhaus Gesellschaft von 1877's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bremer Lagerhaus Gesellschaft von 1877'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 1.5x 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 Bremer Lagerhaus Gesellschaft von 1877 Company Filings, last reported 1 year ago.

DB:BLH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 250.84 193.06 20.62
2017-12-31 235.60 198.20 15.19
2016-12-31 219.31 223.58 12.87
2015-12-31 214.03 271.16 15.94
2014-12-31 202.59 247.29 11.72
2014-09-30 202.59 247.29 11.72
2014-06-30 224.61 206.04 8.31
2014-03-31 224.61 206.04 8.31
2013-12-31 241.63 263.39 6.94
2013-09-30 319.90 355.13 61.87
2013-06-30 332.93 330.45 51.16
  • Bremer Lagerhaus Gesellschaft von 1877's level of debt (77%) 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 (108.8% vs 77% today).
  • Debt is not well covered by operating cash flow (12.1%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Bremer Lagerhaus Gesellschaft von 1877's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Bremer Lagerhaus Gesellschaft von 1877'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. Bremer Lagerhaus Gesellschaft von 1877 has a total score of 2/6, 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 Bremer Lagerhaus Gesellschaft von 1877'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
3.57%
Current annual income from Bremer Lagerhaus Gesellschaft von 1877 dividends.
If you bought €2,000 of Bremer Lagerhaus Gesellschaft von 1877 shares you are expected to receive €71 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?
  • Bremer Lagerhaus Gesellschaft von 1877's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • Bremer Lagerhaus Gesellschaft von 1877's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
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:BLH 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
Europe Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 7.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:BLH Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.450 3.503
2018-04-19 0.400 3.231
2017-04-05 0.400 2.829
2016-04-20 0.400 2.520
2015-04-30 0.400 2.820
2014-05-07 0.400 3.350
2013-04-24 0.400 4.234
2012-05-08 0.400 4.466
2011-04-05 0.300 3.435
2010-03-01 0.250 2.748

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 Bremer Lagerhaus Gesellschaft von 1877's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x 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 Bremer Lagerhaus Gesellschaft von 1877'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 Bremer Lagerhaus Gesellschaft von 1877 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bremer Lagerhaus Gesellschaft von 1877 has a total score of 4/6, 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 Bremer Lagerhaus Gesellschaft von 1877'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
Frank Dreeke
COMPENSATION €1,400,000
AGE 60
TENURE AS CEO 6.7 years
CEO Bio

Mr. Frank Dreeke has been the Chairman of Management Board at BLG Logistics Group AG & Co. KG since June 01, 2013 and has been its Member of Management Board since January 2013. Mr. Dreeke has been a Member of Management Board at Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 since January 2013 and has been its Chairman of The Board of Management, Chief Executive Officer and President since June 1, 2013. He has been working in the ports and logistics industry for more than 30 years. After training to become a shipping agent, he worked at various companies as Managing Director/General Manager. His worldwide experience in the container and carrier industry must particularly be mentioned. Mr. Dreeke worked as General Manager of Central Europe for the American container shipping company, Sea-Land, as well as the Managing Director in Germany for the world's largest container shipping company, Maersk. He was the Managing Partner of EKB Container Logistik in Bremen since 2004. He serves as a Member of Advisory Board at Bremer Landesbank Kreditanstalt Oldenburg-Girozentrale. He is the ideal person to handle matters relating to the Bremen economy, as well as national and international port and logistics affairs. He studied Business Administration.

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

Average tenure and age of the Bremer Lagerhaus Gesellschaft von 1877 management team in years:

6.7
Average Tenure
55
Average Age
  • The average tenure for the Bremer Lagerhaus Gesellschaft von 1877 management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Frank Dreeke

TITLE
Chairman of the Board of Management
COMPENSATION
€1M
AGE
60
TENURE
6.7 yrs

Jens Bieniek

TITLE
CFO & Member of the Board of Management
COMPENSATION
€801K
AGE
55
TENURE
7.3 yrs

Michael Blach

TITLE
Member of the Board of Management
COMPENSATION
€964K
AGE
55
TENURE
6.7 yrs

Jens Wollesen

TITLE
Member of the Board of Management
COMPENSATION
€836K
AGE
52
TENURE
3.7 yrs

Andrea Eck

TITLE
Member of the Board of Management Board
COMPENSATION
€651K
AGE
56
TENURE
3.2 yrs

Marco Tschöpe

TITLE
Head of Investor Relations
Board of Directors Tenure

Average tenure and age of the Bremer Lagerhaus Gesellschaft von 1877 board of directors in years:

9
Average Tenure
51
Average Age
  • The tenure for the Bremer Lagerhaus Gesellschaft von 1877 board of directors is about average.
Board of Directors

Klaus Meier

TITLE
Chairman of the Supervisory Board
COMPENSATION
€28K
AGE
55
TENURE
1.8 yrs

Christine Behle

TITLE
Vice-Chairwoman of the Supervisory Board
AGE
51
TENURE
6.8 yrs

Dieter Strerath

TITLE
Member of Supervisory Board
TENURE
9 yrs

Karoline Linnert

TITLE
Member of Supervisory Board
COMPENSATION
€21K
TENURE
12.4 yrs

Patrick Wendisch

TITLE
Member of Supervisory Board
TENURE
11.7 yrs

Karl-Heinz Dammann

TITLE
Member of Supervisory Board
COMPENSATION
€23K
TENURE
10.7 yrs

Martin Günthner

TITLE
Member of Supervisory Board
TENURE
9.8 yrs

Melf Grantz

TITLE
Member of Supervisory Board
TENURE
9 yrs

Tim Nesemann

TITLE
Member of Supervisory Board
AGE
49
TENURE
8.8 yrs

Reiner Thau

TITLE
Member of Supervisory Board
COMPENSATION
€21K
TENURE
6.4 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 Bremer Lagerhaus Gesellschaft von 1877'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. Bremer Lagerhaus Gesellschaft von 1877 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

Is Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877's (FRA:BLH) 14% ROE Better Than Average?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Bremer Lagerhaus Gesellschaft von 1877: 14% = €2.5m ÷ €251m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does Bremer Lagerhaus Gesellschaft von 1877 Have A Good Return On Equity? … Bremer Lagerhaus Gesellschaft von 1877's Debt And Its 14% ROE Bremer Lagerhaus Gesellschaft von 1877 has a debt to equity ratio of 0.77, which is far from excessive.

Simply Wall St -

Here's Why Bremer Lagerhaus Gesellschaft von 1877 (FRA:BLH) Might Be Better Off Without Debt

As with many other companies Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) makes use of debt. … View our latest analysis for Bremer Lagerhaus Gesellschaft von 1877 What Is Bremer Lagerhaus Gesellschaft von 1877's Debt? … The chart below, which you can click on for greater detail, shows that Bremer Lagerhaus Gesellschaft von 1877 had €194.1m in debt in December 2018; about the same as the year before.

Simply Wall St -

Zooming in on FRA:BLH's 3.5% Dividend Yield

Today we'll take a closer look at Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) from a dividend investor's perspective. … With Bremer Lagerhaus Gesellschaft von 1877 yielding 3.5% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. … For the purpose of this article, we only scrutinise the last decade of Bremer Lagerhaus Gesellschaft von 1877's dividend payments.

Simply Wall St -

If You Had Bought Bremer Lagerhaus Gesellschaft von 1877 (FRA:BLH) Stock Three Years Ago, You'd Be Sitting On A 17% Loss, Today

We regret to report that long term Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) shareholders have had that experience, with the share price dropping 17% in three years, versus a market return of about 20%. … Although the share price is down over three years, Bremer Lagerhaus Gesellschaft von 1877 actually managed to grow EPS by 14% per year in that time. … We note that for Bremer Lagerhaus Gesellschaft von 1877 the TSR over the last 3 years was -12%, which is better than the share price return mentioned above.

Simply Wall St -

Is Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877's (FRA:BLH) ROE Of 14% Impressive?

View our latest analysis for Bremer Lagerhaus Gesellschaft von 1877 How Do I Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Bremer Lagerhaus Gesellschaft von 1877: 14% = €2.5m ÷ €251m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining Bremer Lagerhaus Gesellschaft von 1877's Debt And Its 14% Return On Equity Bremer Lagerhaus Gesellschaft von 1877 has a debt to equity ratio of 0.77, which is far from excessive.

Simply Wall St -

Do You Like Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) At This P/E Ratio?

We'll look at Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877's (FRA:BLH) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, Bremer Lagerhaus Gesellschaft von 1877's P/E ratio is 20.45. … View our latest analysis for Bremer Lagerhaus Gesellschaft von 1877?

Simply Wall St -

Read This Before Buying Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) For Its Dividend

Historically, Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) has paid dividends to shareholders, and these days it yields 3.0%. … Does Bremer Lagerhaus Gesellschaft von 1877 tick all the boxes of a great dividend stock? … Check out our latest analysis for Bremer Lagerhaus Gesellschaft von 1877

Simply Wall St -

How Financially Strong Is Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH)?

While small-cap stocks, such as Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) with its market cap of €47m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Read This Before Buying Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) For Its Dividend

Historically, Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH) has paid a dividend to shareholders. … Let's dig deeper into whether Bremer Lagerhaus Gesellschaft von 1877 should have a place in your portfolio. … View our latest analysis for Bremer Lagerhaus Gesellschaft von 1877

Simply Wall St -

Is Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877's (FRA:BLH) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 (FRA:BLH), with a market cap of €45m. … since poor capital management may bring about bankruptcies, … I believe these basic checks tell most of the story you need to know.

Simply Wall St -

Company Info

Description

Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 provides seaport-oriented logistics services worldwide. Its Automobile division offers port handling of project cargo and conventional goods, and logistical services for producers of wind turbines; car terminals; passenger car handling and warehouse logistics; and terminal logistics services, such as pre-delivery inspection, special installations, conversions, and preparation of newer used vehicles, as well as serves as hub and export port. This division also provides handling, storage, and treatment of paper and forest products, pipes, sheet metals, and project cargo; handling of other heavy or bulky goods, including agricultural machinery, buses and trucks, transformers, and locomotives and wagons; logistic services for wind energy; and transport services by road, rail, and inland waterways. The company’s Contract division offers procurement logistics of the suppliers and supply of production lines; consolidation, processing, packaging, and shipping for supplying production plants; complex system services; supply and disposal of production lines, on-site logistics, empties management, and complex assemblies; BLG offers handling and storage of refrigerated and frozen goods; trade and distribution logistics; and forwarding services. This division also designs, implements, manages, and executes logistics processes for retail companies. The company’s Container division provides container handling services comprising cargo-modal services, such as storage, customs clearance, distribution logistics, and supply chain management; and intermodal services, including transporting sea containers to and from the terminals, repairs, warehousing, intermodal freight services, technical services, and trading of containers. Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877 was founded in 1877 and is headquartered in Bremen, Germany.

Details
Name: Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877
BLH
Exchange: DB
Founded: 1877
€48,768,000
3,840,000
Website: http://www.blg.de
Address: Bremer Lagerhaus Gesellschaft Aktiengesellschaft von 1877
Präsident-Kennedy-Platz 1,
Bremen,
28203,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB BLH Registered Shares Deutsche Boerse AG DE EUR 18. Jan 2007
Number of employees
Current staff
Staff numbers
11,079
Bremer Lagerhaus Gesellschaft von 1877 employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 22:04
End of day share price update: 2020/03/31 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
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.