Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Vista Alegre Atlantis SGPS

BATS-CHIXE:VAFU
Snowflake Description

Acceptable track record with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VAFU
BATS-CHIXE
€196M
Market Cap
  1. Home
  2. GB
  3. Consumer Durables
Company description

Vista Alegre Atlantis, SGPS, S.A. produces, distributes, and sells porcelain tableware, barware, giftware, hotelware, handmade glass and crystal, faience, and stainless steel cutlery products worldwide. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
VAFU Share Price and Events
7 Day Returns
0%
BATS-CHIXE:VAFU
8.2%
GB Consumer Durables
1.7%
GB Market
1 Year Returns
-
BATS-CHIXE:VAFU
-21%
GB Consumer Durables
-21.8%
GB Market
VAFU Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vista Alegre Atlantis SGPS (VAFU) 0% 0% - - - -
GB Consumer Durables 8.2% -31.3% -34.8% -21% -18.4% -2%
GB Market 1.7% -12% -25.3% -21.8% -22.8% -22.4%
1 Year Return vs Industry and Market
  • No trading data on VAFU.
  • No trading data on VAFU.
Price Volatility
VAFU
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Vista Alegre Atlantis SGPS's competitors could be found in our database.

Value

 Is Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS.

BATS-CHIXE:VAFU Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:VAFU
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 8.2%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.918 (1 + (1- 21%) (53.56%))
1.206
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.21
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.206 * 8.23%)
10.45%

Discounted Cash Flow Calculation for BATS-CHIXE:VAFU using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Vista Alegre Atlantis SGPS 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.

BATS-CHIXE:VAFU DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.45%)
2020 12.90 Analyst x2 11.68
2021 15.95 Analyst x2 13.07
2022 18.00 Analyst x1 13.36
2023 19.43 Est @ 7.94% 13.05
2024 20.54 Est @ 5.72% 12.49
2025 21.40 Est @ 4.16% 11.78
2026 22.05 Est @ 3.07% 11.00
2027 22.56 Est @ 2.31% 10.19
2028 22.96 Est @ 1.78% 9.39
2029 23.28 Est @ 1.4% 8.62
Present value of next 10 years cash flows €114.00
BATS-CHIXE:VAFU DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €23.28 × (1 + 0.53%) ÷ (10.45% – 0.53%)
€235.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €235.91 ÷ (1 + 10.45%)10
€87.30
BATS-CHIXE:VAFU Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €114.00 + €87.30
€201.30
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €201.30 / 167.65
€1.2
BATS-CHIXE:VAFU Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:VAFU represents 1.20512x of ENXTLS:VAF
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.20512x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 1.20 x 1.20512
€1.45
Value per share (EUR) From above. €1.45
Current discount Discount to share price of €1.41
= -1 x (€1.41 - €1.45) / €1.45
2.6%

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

Current Discount
Amount off the current price Vista Alegre Atlantis SGPS is available for.
Intrinsic value
3%
Share price is €1.41 vs Future cash flow value of €1.45
Current Discount Checks
For Vista Alegre Atlantis SGPS to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Vista Alegre Atlantis SGPS's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Vista Alegre Atlantis SGPS'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 Vista Alegre Atlantis SGPS's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vista Alegre Atlantis SGPS's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:VAFU PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.05
ENXTLS:VAF Share Price ** ENXTLS (2020-02-03) in EUR €1.17
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PE Ratio Median Figure of 25 Publicly-Listed Consumer Durables Companies 7.84x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 13x

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

** Primary Listing of Vista Alegre Atlantis SGPS.

BATS-CHIXE:VAFU PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTLS:VAF Share Price ÷ EPS (both in EUR)

= 1.17 ÷ 0.05

23.92x

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

  • Vista Alegre Atlantis SGPS is overvalued based on earnings compared to the GB Consumer Durables industry average.
  • Vista Alegre Atlantis SGPS is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Vista Alegre Atlantis SGPS's expected growth come at a high price?
Raw Data
BATS-CHIXE:VAFU PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
14.8%per year
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PEG Ratio Median Figure of 18 Publicly-Listed Consumer Durables Companies 0.99x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:VAFU PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.92x ÷ 14.8%

1.62x

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

  • Vista Alegre Atlantis SGPS is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Vista Alegre Atlantis SGPS's assets?
Raw Data
BATS-CHIXE:VAFU PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €0.35
ENXTLS:VAF Share Price * ENXTLS (2020-02-03) in EUR €1.17
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry PB Ratio Median Figure of 27 Publicly-Listed Consumer Durables Companies 0.99x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.13x
BATS-CHIXE:VAFU PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTLS:VAF Share Price ÷ Book Value per Share (both in EUR)

= 1.17 ÷ 0.35

3.35x

* Primary Listing of Vista Alegre Atlantis SGPS.

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

  • Vista Alegre Atlantis SGPS is overvalued based on assets compared to the GB Consumer Durables industry average.
X
Value checks
We assess Vista Alegre Atlantis SGPS'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS expected to perform in the next 1 to 3 years based on estimates from 2 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
14.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vista Alegre Atlantis SGPS expected to grow at an attractive rate?
  • Vista Alegre Atlantis SGPS's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Vista Alegre Atlantis SGPS's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Vista Alegre Atlantis SGPS's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:VAFU Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:VAFU Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 14.8%
BATS-CHIXE:VAFU Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.1%
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:VAFU Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:VAFU Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 151 16 1
2022-12-31 146 30 15 2
2021-12-31 141 27 14 2
2020-12-31 135 25 13 2
2020-04-08
BATS-CHIXE:VAFU Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 120 7
2019-09-30 119 22 7
2019-06-30 114 21 9
2019-03-31 110 25 8
2018-12-31 99 19 7
2018-09-30 88 10 6
2018-06-30 86 5 5
2018-03-31 86 10 5
2017-12-31 85 11 4
2017-09-30 83 15 5
2017-06-30 81 16 4
2017-03-31 77 13 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vista Alegre Atlantis SGPS's earnings are expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
  • Vista Alegre Atlantis SGPS's revenue is expected to grow by 5.1% 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
BATS-CHIXE:VAFU 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 2 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:VAFU Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.11 0.11 0.11 1.00
2021-12-31 0.09 0.10 0.08 2.00
2020-12-31 0.08 0.08 0.07 2.00
2020-04-08
BATS-CHIXE:VAFU Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.05
2019-09-30 0.05
2019-06-30 0.06
2019-03-31 0.05
2018-12-31 0.05
2018-09-30 0.04
2018-06-30 0.04
2018-03-31 0.04
2017-12-31 0.04
2017-09-30 0.05
2017-06-30 0.03
2017-03-31 0.03

*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.
  • Vista Alegre Atlantis SGPS is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Vista Alegre Atlantis SGPS'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Vista Alegre Atlantis SGPS has a total score of 2/6, 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 Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS's growth in the last year to its industry (Consumer Durables).
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.
  • Vista Alegre Atlantis SGPS has delivered over 20% year on year earnings growth in the past 5 years.
  • Vista Alegre Atlantis SGPS's 1-year earnings growth is less than its 5-year average (2.4% vs 55.5%)
  • Vista Alegre Atlantis SGPS's earnings growth has exceeded the GB Consumer Durables industry average in the past year (2.4% vs -9%).
Earnings and Revenue History
Vista Alegre Atlantis SGPS'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 Vista Alegre Atlantis SGPS Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:VAFU Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 120.10 7.45 63.37
2019-09-30 119.29 7.25 62.16
2019-06-30 114.42 8.94 59.29
2019-03-31 110.21 8.05 56.47
2018-12-31 99.02 7.28 53.50
2018-09-30 88.00 6.10 47.45
2018-06-30 85.91 4.87 45.69
2018-03-31 85.72 4.79 45.89
2017-12-31 84.98 4.26 44.89
2017-09-30 83.01 5.10 44.10
2017-06-30 80.98 4.12 44.17
2017-03-31 77.08 3.67 42.38
2016-12-31 75.44 1.80 42.87
2016-09-30 74.89 2.35 42.56
2016-06-30 73.64 1.10 42.26
2016-03-31 72.15 -0.41 42.68
2015-12-31 71.83 -0.81 42.54
2015-09-30 71.89 -1.18 42.83
2015-06-30 71.80 -0.53 43.24
2015-03-31 69.31 -1.88 42.75
2014-12-31 65.17 -1.97 41.49
2014-09-30 59.82 -4.98 39.84
2014-06-30 56.58 -5.14 39.25
2014-03-31 54.64 -4.19 38.71
2013-12-31 54.17 -3.94 38.80
2013-09-30 53.34 -3.23 39.12
2013-06-30 53.09 -3.51 38.75

*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.
  • Vista Alegre Atlantis SGPS has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Vista Alegre Atlantis SGPS used its assets less efficiently than the GB Consumer Durables industry average last year based on Return on Assets.
  • Vista Alegre Atlantis SGPS has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Vista Alegre Atlantis SGPS'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 Consumer Durables 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.
Vista Alegre Atlantis SGPS has a total score of 3/6, see the detailed checks below.

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

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

Health

 How is Vista Alegre Atlantis SGPS'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 Vista Alegre Atlantis SGPS's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vista Alegre Atlantis SGPS's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Vista Alegre Atlantis SGPS's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Vista Alegre Atlantis SGPS'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 not covered by short term assets, assets are 0.7x 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 Vista Alegre Atlantis SGPS Company Filings, last reported 3 months ago.

BATS-CHIXE:VAFU Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 54.02 105.05 1.80
2019-09-30 54.02 96.03 1.80
2019-06-30 54.00 98.22 4.97
2019-03-31 51.68 92.06 3.41
2018-12-31 50.29 94.28 11.15
2018-09-30 47.35 89.21 3.78
2018-06-30 84.77 49.48 1.88
2018-03-31 83.37 45.44 1.45
2017-12-31 82.60 46.04 4.80
2017-09-30 32.81 83.16 0.94
2017-06-30 32.19 84.80 1.87
2017-03-31 31.39 90.09 1.14
2016-12-31 31.29 92.37 1.59
2016-09-30 27.70 95.67 1.81
2016-06-30 27.78 96.32 1.92
2016-03-31 26.15 95.90 0.91
2015-12-31 27.76 96.55 2.22
2015-09-30 23.07 96.75 1.12
2015-06-30 25.68 94.98 1.97
2015-03-31 26.21 93.49 1.78
2014-12-31 28.60 90.18 1.88
2014-09-30 22.42 90.15 0.71
2014-06-30 23.52 88.63 1.06
2014-03-31 25.65 87.63 3.76
2013-12-31 27.79 81.72 4.06
2013-09-30 25.85 75.81 3.55
2013-06-30 27.16 72.76 4.59
  • Vista Alegre Atlantis SGPS's level of debt (177.8%) 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 (315.7% vs 177.8% today).
  • Debt is well covered by operating cash flow (22.6%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Vista Alegre Atlantis SGPS'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. Vista Alegre Atlantis SGPS 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 Vista Alegre Atlantis SGPS's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Vista Alegre Atlantis SGPS dividends. Estimated to be 0% next year.
If you bought €2,000 of Vista Alegre Atlantis SGPS shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Vista Alegre Atlantis SGPS's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vista Alegre Atlantis SGPS's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:VAFU 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 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 7.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.9%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:VAFU Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-04-08

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

  • Unable to perform a dividend volatility check as Vista Alegre Atlantis SGPS has not reported any payouts.
  • Unable to verify if Vista Alegre Atlantis SGPS's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vista Alegre Atlantis SGPS's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vista Alegre Atlantis SGPS has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Vista Alegre Atlantis SGPS's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Vista Alegre Atlantis SGPS's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Vista Alegre Atlantis SGPS afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vista Alegre Atlantis SGPS has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Vista Alegre Atlantis SGPS'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
Paulo Lourenço Pires
COMPENSATION €0
CEO Bio

Mr. Paulo Jorge Lourenço Pires has been a Chairman and Member of the Executive Officers Board at Vista Alegre Atlantis SGPS SA. He serves as Vice Chairman at Vista Alegre Atlantis SGPS SA and serves as its Director since May 2013. Mr. Lourenço Pires served as Industrial Director of the Ceramic Business at Vista Alegre Atlantis SGPS SA since 2005. Mr. Lourenço Pires joined the Vista Alegre Atlantis SGPS SA in 1997 as General Manager of the Pottery Business and was in charge of the Industrial Management of the Pottery Business in 2001. He holds Degree in Engineering and Industrial Management from Universidade do Minho.

CEO Compensation
  • Insufficient data for Paulo to compare compensation growth.
  • Insufficient data for Paulo to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Paulo Lourenço Pires

TITLE
Chairman of the Executive Officers Board & Vice Chairman of the Board

Alda Abrantes Costa

TITLE
Member of the Executive Officers Board & Director

Alexandra da Conceição Lopes

TITLE
Member of the Executive Officers Board & Director

Paulo Antunes Soares

TITLE
Member of the Executive Officers Board & Director

Nuno Miguel de Assunção Barra

TITLE
Member of the Executive Officers Board & Director

Teodorico Pais

TITLE
Member of the Executive Officers Board & Director
Board of Directors Tenure

Average tenure of the Vista Alegre Atlantis SGPS board of directors in years:

3.9
Average Tenure
  • The tenure for the Vista Alegre Atlantis SGPS board of directors is about average.
Board of Directors

Nuno Miguel Rodrigues Marques

TITLE
Chairman of the Board
TENURE
3.3 yrs

Paulo Lourenço Pires

TITLE
Chairman of the Executive Officers Board & Vice Chairman of the Board

Alda Abrantes Costa

TITLE
Member of the Executive Officers Board & Director
TENURE
6.9 yrs

Alexandra da Conceição Lopes

TITLE
Member of the Executive Officers Board & Director
TENURE
6.9 yrs

Paulo Antunes Soares

TITLE
Member of the Executive Officers Board & Director
TENURE
3.9 yrs

Nuno Miguel de Assunção Barra

TITLE
Member of the Executive Officers Board & Director
TENURE
3.9 yrs

Teodorico Pais

TITLE
Member of the Executive Officers Board & Director
TENURE
1.5 yrs

Alberto de Figueiredo Lopes

TITLE
Chairman of Fiscal Board

João Manuel De Castro

TITLE
Director
AGE
64
TENURE
5.9 yrs

Nuno Maria de Magalhães Fernandes Thomaz

TITLE
Director
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Vista Alegre Atlantis SGPS'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. Vista Alegre Atlantis SGPS 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

Company Info

Description

Vista Alegre Atlantis, SGPS, S.A. produces, distributes, and sells porcelain tableware, barware, giftware, hotelware, handmade glass and crystal, faience, and stainless steel cutlery products worldwide. The company also offers decorative and commemorative pieces, and trophies; and customization services for porcelain and crystal pieces. It provides its products through independent retailers and distributors, as well as through its own retail network under the Vista Alegre brand name. The company was founded in 1980 and is based in Ílhavo, Portugal. Vista Alegre Atlantis, SGPS, S.A. is a subsidiary of Visabeira Industria SGPS, SA.

Details
Name: Vista Alegre Atlantis, SGPS, S.A.
VAFU
Exchange: BATS-CHIXE
Founded: 1980
€196,150,441
167,649,950
Website: http://www.vistaalegre.com
Address: Vista Alegre Atlantis, SGPS, S.A.
Lugar da Vista Alegre,
Ílhavo,
3830-292,
Portugal
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTLS VAF Common Shares Euronext Lisbon PT EUR 02. Jan 1992
LSE 0ZW8 Common Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE VAFU Common Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
2,414
Vista Alegre Atlantis SGPS employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 19:43
End of day share price update: 2020/02/03 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/03/27
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.