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Neways Electronics International

BATS-CHIXE:NEWAYA
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NEWAYA
BATS-CHIXE
€69M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Neways Electronics International N.V. operates as an electronic manufacturing service company that provides integrated electronic components and systems worldwide. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Neways Electronics International has significant price volatility in the past 3 months.
NEWAYA Share Price and Events
7 Day Returns
-5.7%
BATS-CHIXE:NEWAYA
-1.7%
GB Electronic
0.1%
GB Market
1 Year Returns
-
BATS-CHIXE:NEWAYA
-9.6%
GB Electronic
-23.6%
GB Market
NEWAYA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Neways Electronics International (NEWAYA) -5.7% -27.1% - - -53.5% -40.8%
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
  • No trading data on NEWAYA.
  • No trading data on NEWAYA.
Price Volatility
NEWAYA
Industry
5yr Volatility vs Market

NEWAYA Value

 Is Neways Electronics International 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 Neways Electronics International 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 Neways Electronics International.

BATS-CHIXE:NEWAYA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.3%
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:NEWAYA
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%) (102.8%))
1.618
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.62
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.618 * 5.44%)
9.33%

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

The calculations below outline how an intrinsic value for Neways Electronics International 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:NEWAYA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.33%)
2020 34.72 Est @ 92.68% 31.75
2021 57.29 Est @ 65.03% 47.93
2022 83.46 Est @ 45.68% 63.86
2023 110.29 Est @ 32.14% 77.18
2024 135.27 Est @ 22.65% 86.59
2025 156.94 Est @ 16.02% 91.88
2026 174.78 Est @ 11.37% 93.59
2027 188.98 Est @ 8.12% 92.55
2028 200.02 Est @ 5.84% 89.60
2029 208.51 Est @ 4.25% 85.43
Present value of next 10 years cash flows €760.00
BATS-CHIXE:NEWAYA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €208.51 × (1 + 0.53%) ÷ (9.33% – 0.53%)
€2,381.10
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €2,381.10 ÷ (1 + 9.33%)10
€975.55
BATS-CHIXE:NEWAYA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €760.00 + €975.55
€1,735.55
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,735.55 / 12.15
€142.85
BATS-CHIXE:NEWAYA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:NEWAYA represents 0.98602x of ENXTAM:NEWAY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98602x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 142.85 x 0.98602
€140.85
Value per share (EUR) From above. €140.85
Current discount Discount to share price of €5.64
= -1 x (€5.64 - €140.85) / €140.85
96%

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

Current Discount
Amount off the current price Neways Electronics International is available for.
Intrinsic value
>50%
Share price is €5.64 vs Future cash flow value of €140.85
Current Discount Checks
For Neways Electronics International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Neways Electronics International's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Neways Electronics International's share price is below the future cash flow value, and 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 Neways Electronics International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Neways Electronics International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:NEWAYA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.70
ENXTAM:NEWAY Share Price ** ENXTAM (2020-04-06) in EUR €5.72
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 Neways Electronics International.

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

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

= 5.72 ÷ 0.70

8.12x

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

  • Neways Electronics International is good value based on earnings compared to the GB Electronic industry average.
  • Neways Electronics International is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Neways Electronics International's expected growth come at a high price?
Raw Data
BATS-CHIXE:NEWAYA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 .

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

  • Unable to calculate PEG ratio for Neways Electronics International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Neways Electronics International's assets?
Raw Data
BATS-CHIXE:NEWAYA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €8.73
ENXTAM:NEWAY Share Price * ENXTAM (2020-04-06) in EUR €5.72
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:NEWAYA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 5.72 ÷ 8.73

0.66x

* Primary Listing of Neways Electronics International.

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

  • Neways Electronics International is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Neways Electronics International'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. Neways Electronics International has a total score of 5/6, 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.

NEWAYA Future Performance

 How is Neways Electronics International 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 Neways Electronics International 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
9.1%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Neways Electronics International expected to grow at an attractive rate?
  • Unable to compare Neways Electronics International's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Neways Electronics International's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Neways Electronics International's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:NEWAYA Future Growth Rates Data Sources
Data Point Source Value (per year)
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:NEWAYA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:NEWAYA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BATS-CHIXE:NEWAYA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 533 29 9
2019-09-30 529 16 11
2019-06-30 524 3 13
2019-03-31 516 5 14
2018-12-31 507 8 14
2018-09-30 489 11 13
2018-06-30 472 14 12
2018-03-31 455 9 11
2017-12-31 439 3 10
2017-09-30 424 5 10
2017-06-30 409 6 10
2017-03-31 401 8 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Neways Electronics International is high growth as no earnings estimate data is available.
  • Unable to determine if Neways Electronics International 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
BATS-CHIXE:NEWAYA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:NEWAYA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BATS-CHIXE:NEWAYA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.70
2019-09-30 0.88
2019-06-30 1.06
2019-03-31 1.14
2018-12-31 1.22
2018-09-30 1.12
2018-06-30 1.02
2018-03-31 0.94
2017-12-31 0.86
2017-09-30 0.88
2017-06-30 0.89
2017-03-31 0.87

*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 Neways Electronics International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Neways Electronics International is trading at Neways Electronics International'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Neways Electronics International'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 Tech companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Neways Electronics International'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.
Neways Electronics International 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.

NEWAYA Past Performance

  How has Neways Electronics International 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 Neways Electronics International'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.
  • Neways Electronics International's year on year earnings growth rate has been positive over the past 5 years.
  • Neways Electronics International's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Neways Electronics International's 1-year earnings growth is negative, it can't be compared to the GB Electronic industry average.
Earnings and Revenue History
Neways Electronics International'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 Neways Electronics International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:NEWAYA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 533.45 8.52 138.53
2019-09-30 528.90 10.62 138.99
2019-06-30 524.34 12.71 139.33
2019-03-31 515.58 13.57 136.74
2018-12-31 506.82 14.43 134.25
2018-09-30 489.47 13.12 130.68
2018-06-30 472.12 11.80 127.11
2018-03-31 455.40 10.86 123.80
2017-12-31 438.69 9.92 120.49
2017-09-30 423.76 10.04 117.08
2017-06-30 408.83 10.17 113.68
2017-03-31 401.01 9.93 110.64
2016-12-31 393.20 9.69 107.61
2016-09-30 388.07 6.97 105.82
2016-06-30 382.94 4.25 104.03
2016-03-31 378.53 3.74 103.11
2015-12-31 374.12 3.22 102.19
2015-09-30 369.14 5.26 101.71
2015-06-30 364.15 7.31 101.23
2015-03-31 336.39 7.13 94.64
2014-12-31 308.63 6.96 88.05
2014-09-30 287.91 6.90 82.85
2014-06-30 267.18 6.84 77.66
2014-03-31 266.10 4.38 77.19
2013-12-31 265.02 1.92 76.71
2013-09-30 263.17 -1.29 76.77
2013-06-30 261.32 -4.51 76.83

*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.
  • Neways Electronics International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Neways Electronics International used its assets less efficiently than the GB Electronic industry average last year based on Return on Assets.
  • Neways Electronics International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Neways Electronics International'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.
Neways Electronics International 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.

NEWAYA Health

 How is Neways Electronics International'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 Neways Electronics International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Neways Electronics International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Neways Electronics International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Neways Electronics International'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 5.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Neways Electronics International Company Filings, last reported 3 months ago.

BATS-CHIXE:NEWAYA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 106.09 36.55 2.24
2019-09-30 106.09 36.55 2.24
2019-06-30 102.59 56.60 0.09
2019-03-31 102.59 56.60 0.09
2018-12-31 101.63 42.90 1.07
2018-09-30 101.63 42.90 1.07
2018-06-30 91.10 41.40 2.56
2018-03-31 91.10 41.40 2.56
2017-12-31 85.05 38.08 1.04
2017-09-30 85.05 38.08 1.04
2017-06-30 79.98 43.64 1.08
2017-03-31 79.98 43.64 1.08
2016-12-31 78.94 30.80 1.17
2016-09-30 78.94 30.80 1.17
2016-06-30 73.66 38.07 1.34
2016-03-31 73.66 38.07 1.34
2015-12-31 70.55 32.54 1.55
2015-09-30 70.55 32.54 1.55
2015-06-30 70.32 41.61 2.06
2015-03-31 70.32 41.61 2.06
2014-12-31 65.99 35.99 1.78
2014-09-30 65.99 35.99 1.78
2014-06-30 52.60 0.48 3.18
2014-03-31 52.60 0.48 3.18
2013-12-31 50.07 0.64 22.14
2013-09-30 50.07 0.64 22.14
2013-06-30 46.30 4.86 0.26
  • Neways Electronics International's level of debt (34.4%) 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 (54.6% vs 34.4% today).
  • Debt is well covered by operating cash flow (80.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.1x coverage).
X
Financial health checks
We assess Neways Electronics International'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. Neways Electronics International 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.

NEWAYA Dividends

 What is Neways Electronics International'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
4.9%
Current annual income from Neways Electronics International dividends.
If you bought €2,000 of Neways Electronics International shares you are expected to receive €98 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?
  • Neways Electronics International's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • Neways Electronics International's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
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:NEWAYA 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
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:NEWAYA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
BATS-CHIXE:NEWAYA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-04 0.280 4.858
2020-02-21 0.280 3.440
2019-02-21 0.480 4.333
2018-02-28 0.350 2.844
2018-02-22 0.350 2.075
2017-03-03 0.340 2.583
2016-04-12 0.110 1.321
2015-03-02 0.000 0.000
2014-04-14 0.069 0.863
2014-02-24 0.058 0.854
2013-02-26 0.012 0.273
2012-02-28 0.117 2.324
2011-03-01 0.155 2.330
2009-08-27 0.000 0.000

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

  • Neways Electronics International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Neways Electronics International only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Neways Electronics International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x 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 Neways Electronics International'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 Neways Electronics International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Neways Electronics International has a total score of 2/6, see the detailed checks below.


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

NEWAYA Management

 What is the CEO of Neways Electronics International'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
Eric Stodel
AGE 54
TENURE AS CEO 0.3 years
CEO Bio

Mr. Eric Stodel is the CEO and Chairman of the Executive Board at Neways Electronics International N.V. since January 1, 2020. He served as Chief Executive Officer of Marinoffs. Mr. Stodel has held various leadership roles and senior management positions at among others Flextronics (and former Solectron), Driessen and B/E Aerospace. Mr. Stodel holds a Master of Science degree in Industrial Engineering and Business Administration from the University Twente.

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

Average tenure and age of the Neways Electronics International management team in years:

2.6
Average Tenure
54
Average Age
  • The tenure for the Neways Electronics International management team is about average.
Management Team

Paul H. de Koning

TITLE
CFO & Director
COMPENSATION
€478K
AGE
56
TENURE
5 yrs

Adrie A. van Bragt

TITLE
COO & Director
COMPENSATION
€480K
AGE
54
TENURE
5.3 yrs

Huub W. van der Vrande

TITLE
Senior Vice President
COMPENSATION
€553K
AGE
64
TENURE
0.3 yrs

Eric Stodel

TITLE
CEO & Chairman of the Board of Directors
AGE
54
TENURE
0.3 yrs

Jack Kromhof

TITLE
Director of Cable
AGE
68

Ruud Meeren

TITLE
Corporate Head of Legal Affairs
AGE
36

Joan Leeuwenburg

TITLE
Corporate Head of Human Resources
AGE
50

Hans Ketelaars

TITLE
Managing Director of Neways Technologies
AGE
62

Michel Postma

TITLE
Managing Director of Neways Leeuwarden B.V.
AGE
47

Bob Konings

TITLE
Managing Director of Neways Industrial Systems B.V.
AGE
48
Board of Directors Tenure

Average tenure and age of the Neways Electronics International board of directors in years:

5
Average Tenure
65
Average Age
  • The tenure for the Neways Electronics International board of directors is about average.
Board of Directors

Henk Scheepers

TITLE
Independent Chairman of Supervisory Board
COMPENSATION
€40K
AGE
70
TENURE
5 yrs

René de Vries

TITLE
Independent Vice Chairman of Supervisory Board
COMPENSATION
€30K
AGE
65
TENURE
5 yrs

Peter van Bommel

TITLE
Independent Member of Supervisory Board
COMPENSATION
€30K
AGE
62
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
03. May 19 Sell Adrie A. van Bragt Individual 03. May 19 03. May 19 -1,082 €13.00 €-14,058
02. May 19 Sell Adrie A. van Bragt Individual 02. May 19 02. May 19 -1,000 €13.00 €-13,000
30. Apr 19 Sell Adrie A. van Bragt Individual 30. Apr 19 30. Apr 19 -2,247 €13.35 €-29,547
29. Apr 19 Sell Adrie A. van Bragt Individual 29. Apr 19 29. Apr 19 -4,671 €13.55 €-62,369
16. Apr 19 Sell Adrie A. van Bragt Individual 16. Apr 19 16. Apr 19 -2,000 €13.35 €-26,604
17. Apr 19 Sell Adrie A. van Bragt Individual 17. Apr 19 17. Apr 19 -7,000 €13.25 €-91,674
15. Apr 19 Sell Adrie A. van Bragt Individual 15. Apr 19 15. Apr 19 -4,000 €13.90 €-55,050
15. Apr 19 Buy Adrie A. van Bragt Individual 15. Apr 19 15. Apr 19 15,000 €7.10 €106,500
X
Management checks
We assess Neways Electronics International'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. Neways Electronics International 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.

NEWAYA News

Simply Wall St News

NEWAYA Company Info

Description

Neways Electronics International N.V. operates as an electronic manufacturing service company that provides integrated electronic components and systems worldwide. It offers development and design services, such as hardware, software, electronic, mechanical, and electro mechanical design, as well as system architecture and environmental testing services. The company also provides printed circuit board assembly, box build, cable and wire, and system integration services, as well as hybrid microelectronics. Its solutions are used in various sectors, including the automotive, medical, defense, industrial, and semiconductor, as well as other industries. The company was founded in 1969 and is headquartered in Son, the Netherlands.

Details
Name: Neways Electronics International N.V.
NEWAYA
Exchange: BATS-CHIXE
Founded: 1969
€69,495,334
12,149,534
Website: http://www.newayselectronics.com
Address: Neways Electronics International N.V.
Science Park Eindhoven 5010,
Son,
Noord-Brabant, 5692 EA,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM NEWAY Ordinary Shares Euronext Amsterdam NL EUR 02. Jan 1992
LSE 0NEB Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
BATS-CHIXE NEWAYA Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
2,547
Neways Electronics International employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 19:41
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/02/21
Last earnings filing: 2020/03/04
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.