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N.V. Nederlandsche Apparatenfabriek Nedap

BATS-CHIXE:NEDAPA
Snowflake Description

Outstanding track record with flawless balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NEDAPA
BATS-CHIXE
€210M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. The last earnings update was 40 days ago. More info.


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  • N.V. Nederlandsche Apparatenfabriek Nedap has significant price volatility in the past 3 months.
NEDAPA Share Price and Events
7 Day Returns
-6.8%
BATS-CHIXE:NEDAPA
-1.7%
GB Electronic
0.1%
GB Market
1 Year Returns
-34.6%
BATS-CHIXE:NEDAPA
-9.6%
GB Electronic
-23.6%
GB Market
NEDAPA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
N.V. Nederlandsche Apparatenfabriek Nedap (NEDAPA) -6.8% -30.4% -32.3% -34.6% -14.2% -2.8%
GB Electronic -1.7% -10.3% -18.3% -9.6% 19.5% 57.9%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • NEDAPA underperformed the Electronic industry which returned -9.6% over the past year.
  • NEDAPA underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
NEDAPA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is N.V. Nederlandsche Apparatenfabriek Nedap 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 N.V. Nederlandsche Apparatenfabriek Nedap 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 N.V. Nederlandsche Apparatenfabriek Nedap.

BATS-CHIXE:NEDAPA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in EUR € 1.6666666666667
Payout Ratio Company Filings (2019-12-31) 8094.4%
Discount Rate (Cost of Equity) See below 7.7%
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:NEDAPA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 5.4%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.086 (1 + (1- 25%) (8.12%))
1.312
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.31
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.312 * 5.44%)
7.67%

Discounted Cash Flow Calculation for BATS-CHIXE:NEDAPA using Dividend Discount Model Model

The calculations below outline how an intrinsic value for N.V. Nederlandsche Apparatenfabriek Nedap 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.

BATS-CHIXE:NEDAPA Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €1.67 / (7.67% - 0.53%)
€23.63
BATS-CHIXE:NEDAPA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:NEDAPA represents 1.00616x of ENXTAM:NEDAP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00616x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 23.34 x 1.00616
€23.49
Value per share (EUR) From above. €23.49
Current discount Discount to share price of €32.70
= -1 x (€32.70 - €23.49) / €23.49
-39.2%

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

  • The current share price of N.V. Nederlandsche Apparatenfabriek Nedap 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 N.V. Nederlandsche Apparatenfabriek Nedap's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are N.V. Nederlandsche Apparatenfabriek Nedap's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:NEDAPA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €3.74
ENXTAM:NEDAP Share Price ** ENXTAM (2020-04-07) in EUR €32.5
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 16.76x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

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

** Primary Listing of N.V. Nederlandsche Apparatenfabriek Nedap.

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

= ENXTAM:NEDAP Share Price ÷ EPS (both in EUR)

= 32.5 ÷ 3.74

8.68x

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

  • N.V. Nederlandsche Apparatenfabriek Nedap is good value based on earnings compared to the GB Electronic industry average.
  • N.V. Nederlandsche Apparatenfabriek Nedap is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does N.V. Nederlandsche Apparatenfabriek Nedap's expected growth come at a high price?
Raw Data
BATS-CHIXE:NEDAPA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
2.8%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 0.98x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.68x ÷ 2.8%

3.08x

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

  • N.V. Nederlandsche Apparatenfabriek Nedap is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on N.V. Nederlandsche Apparatenfabriek Nedap's assets?
Raw Data
BATS-CHIXE:NEDAPA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €11.40
ENXTAM:NEDAP Share Price * ENXTAM (2020-04-07) in EUR €32.5
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 1.86x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:NEDAPA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:NEDAP Share Price ÷ Book Value per Share (both in EUR)

= 32.5 ÷ 11.40

2.85x

* Primary Listing of N.V. Nederlandsche Apparatenfabriek Nedap.

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

  • N.V. Nederlandsche Apparatenfabriek Nedap is overvalued based on assets compared to the GB Electronic industry average.
X
Value checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 2/6, 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 N.V. Nederlandsche Apparatenfabriek Nedap expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
2.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is N.V. Nederlandsche Apparatenfabriek Nedap expected to grow at an attractive rate?
  • N.V. Nederlandsche Apparatenfabriek Nedap's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • N.V. Nederlandsche Apparatenfabriek Nedap's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • N.V. Nederlandsche Apparatenfabriek Nedap'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:NEDAPA Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:NEDAPA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 2.8%
BATS-CHIXE:NEDAPA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 5.9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9.1%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
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:NEDAPA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 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:NEDAPA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 226 24 1
2023-12-31 213 20 1
2022-12-31 198 20 16 1
2021-12-31 180 16 12 1
2020-12-31 145 2 2 1
2020-04-07
BATS-CHIXE:NEDAPA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 192 30 24
2019-09-30 190 26 20
2019-06-30 189 22 15
2019-03-31 190 20 16
2018-12-31 191 18 17
2018-09-30 191 17 15
2018-06-30 191 16 14
2018-03-31 187 15 11
2017-12-31 182 13 9
2017-06-30 159 9 7
2017-03-31 161 9 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • N.V. Nederlandsche Apparatenfabriek Nedap's earnings are expected to grow by 2.8% yearly, however this is not considered high growth (20% yearly).
  • N.V. Nederlandsche Apparatenfabriek Nedap's revenue is expected to grow by 5.9% 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:NEDAPA 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 1 Analyst Estimates (S&P Global) See Below

All data from N.V. Nederlandsche Apparatenfabriek Nedap Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:NEDAPA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-04-07
BATS-CHIXE:NEDAPA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 3.74
2019-09-30 3.04
2019-06-30 2.34
2019-03-31 2.50
2018-12-31 2.66
2018-09-30 2.38
2018-06-30 2.10
2018-03-31 1.71
2017-12-31 1.34
2017-06-30 1.11
2017-03-31 1.24

*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 N.V. Nederlandsche Apparatenfabriek Nedap will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap'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.
N.V. Nederlandsche Apparatenfabriek Nedap 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 N.V. Nederlandsche Apparatenfabriek Nedap 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 N.V. Nederlandsche Apparatenfabriek Nedap's growth in the last year to its industry (Electronic).
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.
  • N.V. Nederlandsche Apparatenfabriek Nedap's year on year earnings growth rate has been positive over the past 5 years.
  • N.V. Nederlandsche Apparatenfabriek Nedap's 1-year earnings growth exceeds its 5-year average (41.3% vs 10.7%)
  • N.V. Nederlandsche Apparatenfabriek Nedap's earnings growth has exceeded the GB Electronic industry average in the past year (41.3% vs 6.9%).
Earnings and Revenue History
N.V. Nederlandsche Apparatenfabriek Nedap'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 N.V. Nederlandsche Apparatenfabriek Nedap Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:NEDAPA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 191.55 24.13 72.69
2019-09-30 190.24 19.58 71.06
2019-06-30 188.93 15.02 69.44
2019-03-31 190.16 16.05 68.27
2018-12-31 191.40 17.07 67.11
2018-09-30 191.36 15.35 66.13
2018-06-30 191.33 13.63 65.16
2018-03-31 186.76 11.28 64.71
2017-12-31 182.19 8.92 64.25
2017-06-30 158.78 7.41 58.86
2017-03-31 161.01 8.29 59.48
2016-12-31 163.24 9.17 60.10
2016-09-30 186.17 7.86 72.42
2016-06-30 186.37 4.93 71.05
2016-03-31 183.62 4.80 67.86
2015-12-31 180.88 4.67 64.67
2015-09-30 178.66 11.36 59.55
2015-06-30 176.45 18.05 54.43
2015-03-31 176.82 17.96 53.84
2014-12-31 177.19 17.88 53.25
2014-09-30 178.04 14.00 52.88
2014-06-30 178.89 10.12 52.50
2014-03-31 176.30 9.96 51.87
2013-12-31 173.70 9.79 51.24
2013-09-30 171.94 10.87 49.79
2013-06-30 170.18 11.95 48.34

*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.
  • N.V. Nederlandsche Apparatenfabriek Nedap has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • N.V. Nederlandsche Apparatenfabriek Nedap used its assets more efficiently than the GB Electronic industry average last year based on Return on Assets.
  • N.V. Nederlandsche Apparatenfabriek Nedap has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap'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 Electronic 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.
N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 6/6, 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 N.V. Nederlandsche Apparatenfabriek Nedap'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 N.V. Nederlandsche Apparatenfabriek Nedap's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • N.V. Nederlandsche Apparatenfabriek Nedap is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • N.V. Nederlandsche Apparatenfabriek Nedap's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of N.V. Nederlandsche Apparatenfabriek Nedap'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 5.5x 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 N.V. Nederlandsche Apparatenfabriek Nedap Company Filings, last reported 3 months ago.

BATS-CHIXE:NEDAPA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 73.57 14.20 18.69
2019-09-30 73.57 14.20 18.69
2019-06-30 56.25 28.22 2.41
2019-03-31 56.25 28.22 2.41
2018-12-31 64.94 19.00 2.44
2018-09-30 64.94 19.00 2.44
2018-06-30 56.49 27.87 2.56
2018-03-31 56.49 27.87 2.56
2017-12-31 61.96 16.04 1.84
2017-06-30 51.21 36.54 2.77
2017-03-31 51.21 36.54 2.77
2016-12-31 55.85 26.21 2.33
2016-09-30 55.85 26.21 2.33
2016-06-30 50.56 30.16 3.48
2016-03-31 50.56 30.16 3.48
2015-12-31 52.98 22.51 3.64
2015-09-30 52.98 22.51 3.64
2015-06-30 54.35 26.44 3.88
2015-03-31 54.35 26.44 3.88
2014-12-31 56.60 21.46 3.77
2014-09-30 56.60 21.46 3.77
2014-06-30 51.85 36.06 3.29
2014-03-31 51.85 36.06 3.29
2013-12-31 53.71 37.39 3.49
2013-09-30 53.71 37.39 3.49
2013-06-30 54.48 46.70 3.94
  • N.V. Nederlandsche Apparatenfabriek Nedap's level of debt (19.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (38% vs 19.3% today).
  • Debt is well covered by operating cash flow (207.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 80.2x coverage).
X
Financial health checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap'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. N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 6/6, 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 N.V. Nederlandsche Apparatenfabriek Nedap'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
13.85%
Current annual income from N.V. Nederlandsche Apparatenfabriek Nedap dividends. Estimated to be 5.13% next year.
If you bought €2,000 of N.V. Nederlandsche Apparatenfabriek Nedap shares you are expected to receive €277 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?
  • N.V. Nederlandsche Apparatenfabriek Nedap's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • N.V. Nederlandsche Apparatenfabriek Nedap's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
Upcoming dividend payment

Purchase N.V. Nederlandsche Apparatenfabriek Nedap 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
BATS-CHIXE:NEDAPA 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 1 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
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 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:NEDAPA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 2.50 1.00
2021-12-31 2.50 1.00
2020-12-31 0.00 1.00
2020-04-07
BATS-CHIXE:NEDAPA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-02-27 4.500 11.733
2020-02-20 4.500 9.003
2019-02-14 2.500 5.222
2018-02-20 2.500 5.335
2018-02-15 2.500 4.864
2017-02-22 1.400 3.487
2017-02-16 1.400 3.720
2016-03-08 1.280 4.136
2016-02-11 1.280 4.289
2015-02-12 1.250 4.036
2014-02-19 1.100 3.768
2014-02-13 1.100 3.539
2013-02-12 1.510 4.981
2012-08-07 1.230 4.338
2012-03-05 1.230 5.302
2012-02-08 1.230 5.617
2011-04-19 0.980 4.638
2010-02-04 0.140 0.716

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of N.V. Nederlandsche Apparatenfabriek Nedap's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1x coverage).
X
Income/ dividend checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap'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 N.V. Nederlandsche Apparatenfabriek Nedap afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. N.V. Nederlandsche Apparatenfabriek Nedap has a total score of 3/6, 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 N.V. Nederlandsche Apparatenfabriek Nedap'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
Ruben Wegman
COMPENSATION €772,000
AGE 53
CEO Bio

Drs. Ruben M. Wegman serves as Chief Executive Officer at N.V. Nederlandsche Apparatenfabriek Nedap and served as its Interim Head of Energy Systems. Drs. Wegman served as Interim Head of Energy Systems at N.V. Nederlandsche Apparatenfabriek Nedap. He has been Chairman of Management Board at N.V. Nederlandsche Apparatenfabriek Nedap since May 2009. He serves as a Member of Advisory Board at Athom BV.

CEO Compensation
  • Ruben's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ruben's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the N.V. Nederlandsche Apparatenfabriek Nedap management team in years:

1.3
Average Tenure
48.5
Average Age
  • The average tenure for the N.V. Nederlandsche Apparatenfabriek Nedap management team is less than 2 years, this suggests a new team.
Management Team

Ruben Wegman

TITLE
Chairman of Management Board & CEO
COMPENSATION
€772K
AGE
53

Rob Schuurman

TITLE
MD of Retail & Member of Management Board
AGE
48
TENURE
1.3 yrs

Fokko van Zee

TITLE
MD of Security Management & Member of Management Board
AGE
44
TENURE
1.3 yrs

Guus J. Droppers

TITLE
GM of Healthcare & Member of Management Board
AGE
49
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the N.V. Nederlandsche Apparatenfabriek Nedap board of directors in years:

2.6
Average Tenure
62.5
Average Age
  • The average tenure for the N.V. Nederlandsche Apparatenfabriek Nedap board of directors is less than 3 years, this suggests a new board.
Board of Directors

G. Kolff

TITLE
Chairman of Supervisory Board
COMPENSATION
€40K
AGE
71
TENURE
8 yrs

Jo van Engelen

TITLE
Supervisory Board Vice Chairman
COMPENSATION
€30K
AGE
60
TENURE
3.3 yrs

Margot Scheltema

TITLE
Member of Supervisory Board
COMPENSATION
€30K
AGE
65
TENURE
2 yrs

M. Pijnenborg

TITLE
Supervisory Board Member
COMPENSATION
€23K
AGE
49
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess N.V. Nederlandsche Apparatenfabriek Nedap'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. N.V. Nederlandsche Apparatenfabriek Nedap 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

N.V. Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. The company provides software solutions for healthcare industry; and vehicle and people identification products and wireless parking systems. It also offers RFID systems for libraries; power electronics and control systems for the lighting industry; and automation of livestock management process based on identification of individual animals. In addition, the company provides various solutions to improve in-store product availability in the retail sector; security management solutions; and staffing solutions. N.V. Nederlandsche Apparatenfabriek Nedap was founded in 1929 and is headquartered in Groenlo, the Netherlands.

Details
Name: N.V. Nederlandsche Apparatenfabriek Nedap
NEDAPA
Exchange: BATS-CHIXE
Founded: 1929
€209,717,072
6,452,833
Website: http://www.nedap.com
Address: N.V. Nederlandsche Apparatenfabriek Nedap
Parallelweg 2,
Groenlo,
Gelderland, 7141 DC,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM NEDAP Ordinary Shares Euronext Amsterdam NL EUR 02. Jan 1992
OTCPK NDDL.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB NE3 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0NNU Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE NEDAPA Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
724
N.V. Nederlandsche Apparatenfabriek Nedap employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 21:05
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/03
Last earnings filing: 2020/02/27
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.