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Adevinta

OTCPK:MKPE.F
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MKPE.F
OTCPK
NOK71B
Market Cap
  1. Home
  2. US
  3. Media
Company description

Adevinta ASA operates as an online classifieds company worldwide. The last earnings update was 7 days ago. More info.


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MKPE.F Share Price and Events
7 Day Returns
0%
OTCPK:MKPE.F
1.2%
US Interactive Media and Services
1.5%
US Market
1 Year Returns
-
OTCPK:MKPE.F
15.7%
US Interactive Media and Services
11.8%
US Market
MKPE.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Adevinta (MKPE.F) 0% 0% 9.2% - - -
US Interactive Media and Services 1.2% 2.7% -0.4% 15.7% 48.2% 95.7%
US Market 1.5% 2.6% 0.9% 11.8% 41.3% 44.2%
1 Year Return vs Industry and Market
  • No trading data on MKPE.F.
  • No trading data on MKPE.F.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

MKPE.F Value

 Is Adevinta 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 Adevinta 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 Adevinta.

OTCPK:MKPE.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:MKPE.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.021 (1 + (1- 23%) (3.06%))
1.03
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.03 * 5.96%)
8.87%

Discounted Cash Flow Calculation for OTCPK:MKPE.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Adevinta 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.

OTCPK:MKPE.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.87%)
2020 140.33 Analyst x6 128.90
2021 172.29 Analyst x7 145.36
2022 185.00 Analyst x1 143.37
2023 187.78 Est @ 1.5% 133.67
2024 191.30 Est @ 1.87% 125.08
2025 195.37 Est @ 2.13% 117.34
2026 199.89 Est @ 2.31% 110.27
2027 204.75 Est @ 2.44% 103.75
2028 209.92 Est @ 2.52% 97.70
2029 215.35 Est @ 2.59% 92.06
Present value of next 10 years cash flows €1,197.00
OTCPK:MKPE.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €215.35 × (1 + 2.73%) ÷ (8.87% – 2.73%)
€3,603.44
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €3,603.44 ÷ (1 + 8.87%)10
€1,540.49
OTCPK:MKPE.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,197.00 + €1,540.49
€2,737.49
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €2,737.49 / 681.15
€4.02
OTCPK:MKPE.F Discount to Share Price
Calculation Result
Exchange Rate EUR/NOK
(Reporting currency to currency of OB:ADE)
10.245
Value per Share
(NOK)
= Value per Share in EUR x Exchange Rate (EUR/NOK)
= €4.02 x 10.245
NOK41.17
Non-primary Listing Adjustment Factor 1 share in OTCPK:MKPE.F represents 0.11281x of OB:ADE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11281x
Value per Share
(Listing Adjusted, USD)
= Value per Share (NOK) x Listing Adjustment Factor
= NOK 41.17 x 0.11281
$4.64
Value per share (USD) From above. $4.64
Current discount Discount to share price of $11.80
= -1 x ($11.80 - $4.64) / $4.64
-154%

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

  • The current share price of Adevinta 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 Adevinta's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Adevinta's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:MKPE.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €31.80
OB:ADE Share Price ** OB (2019-09-06) in NOK NOK104.6
OB:ADE Share Price converted to EUR reporting currency Exchange rate (NOK/ EUR) 0.098 €10.21
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 28 Publicly-Listed Interactive Media and Services Companies 28.25x
United States of America Market PE Ratio Median Figure of 2,940 Publicly-Listed Companies 17.88x

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

** Primary Listing of Adevinta.

OTCPK:MKPE.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:ADE Share Price ÷ EPS (both in EUR)

= 10.21 ÷ 31.80

0.32x

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

  • Adevinta is good value based on earnings compared to the US Interactive Media and Services industry average.
  • Adevinta is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Adevinta's expected growth come at a high price?
Raw Data
OTCPK:MKPE.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
28.4%per year
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 25 Publicly-Listed Interactive Media and Services Companies 1.23x
United States of America Market PEG Ratio Median Figure of 2,051 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

OTCPK:MKPE.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 0.32x ÷ 28.4%

0.01x

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

  • Adevinta is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Adevinta's assets?
Raw Data
OTCPK:MKPE.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €2.23
OB:ADE Share Price * OB (2019-09-06) in NOK NOK104.6
OB:ADE Share Price converted to EUR reporting currency Exchange rate (NOK/ EUR) 0.098 €10.21
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 59 Publicly-Listed Interactive Media and Services Companies 3.29x
United States of America Market PB Ratio Median Figure of 5,038 Publicly-Listed Companies 1.72x
OTCPK:MKPE.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:ADE Share Price ÷ Book Value per Share (both in EUR)

= 10.21 ÷ 2.23

4.57x

* Primary Listing of Adevinta.

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

  • Adevinta is overvalued based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess Adevinta'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 Interactive Media and Services 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 Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Adevinta has a total score of 3/6, 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.

MKPE.F Future Performance

 How is Adevinta expected to perform in the next 1 to 3 years based on estimates from 12 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
28.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Adevinta expected to grow at an attractive rate?
  • Adevinta's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Adevinta's earnings growth is expected to exceed the United States of America market average.
  • Adevinta's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:MKPE.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:MKPE.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 28.4%
OTCPK:MKPE.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 12.5%
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 17.1%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
OTCPK:MKPE.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:MKPE.F Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,118 293 1
2022-12-31 973 236 229 3
2021-12-31 901 211 180 11
2020-12-31 792 175 143 12
2019-12-31 677 174 99 11
2019-10-31
OTCPK:MKPE.F Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 655 117 32
2019-06-30 634 102 24
2019-03-31 615 100 12
2018-12-31 595 74 -7
2017-12-31 511 6 121
2016-12-31 421 19 -20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Adevinta's earnings are expected to grow significantly at over 20% yearly.
  • Adevinta's revenue is expected to grow by 12.5% 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
OTCPK:MKPE.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Adevinta Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MKPE.F Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.30 0.30 0.30 1.00
2021-12-31 0.26 0.30 0.24 6.00
2020-12-31 0.21 0.24 0.19 7.00
2019-12-31 0.14 0.19 0.13 7.00
2019-10-31
OTCPK:MKPE.F Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 31.80
2019-06-30 24.20
2019-03-31 11.50
2018-12-31 -7.40
2017-12-31 120.60
2016-12-31 -20.10

*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.
  • Adevinta is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Adevinta'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 States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Adevinta has a total score of 4/6, 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.

MKPE.F Past Performance

  How has Adevinta 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 Adevinta's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Adevinta's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Adevinta's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Adevinta's earnings growth has exceeded the US Interactive Media and Services industry average in the past year (27.9% vs 7.5%).
Earnings and Revenue History
Adevinta'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 Adevinta Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:MKPE.F Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 654.50 31.80 130.30
2019-06-30 633.50 24.20 130.30
2019-03-31 614.60 11.50 130.30
2018-12-31 594.60 -7.40 130.30
2017-12-31 511.40 120.60 127.30
2016-12-31 421.10 -20.10 132.00

*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.
  • Adevinta has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Adevinta used its assets less efficiently than the US Interactive Media and Services industry average last year based on Return on Assets.
  • Unable to establish if Adevinta improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Adevinta'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 Interactive Media and Services 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.
Adevinta 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.

MKPE.F Health

 How is Adevinta'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 Adevinta's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Adevinta is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Adevinta's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Adevinta'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Adevinta Company Filings, last reported 1 month ago.

OTCPK:MKPE.F Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,537.50 151.80 86.90
2019-06-30 1,529.20 151.70 64.90
2019-03-31 1,362.60 418.70 53.00
2018-12-31 1,331.70 448.50 55.10
2017-12-31 1,255.50 559.70 37.40
2016-12-31 954.90 301.00 79.40
  • Adevinta's level of debt (9.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Adevinta's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (77.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 23.1x coverage).
X
Financial health checks
We assess Adevinta'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. Adevinta has a total score of 4/6, 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.

MKPE.F Dividends

 What is Adevinta'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 Adevinta dividends. Estimated to be 0.37% next year.
If you bought $2,000 of Adevinta 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 Adevinta's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Adevinta'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
OTCPK:MKPE.F 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 12 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 0.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1938 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

OTCPK:MKPE.F Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.10 1.00
2022-12-31 0.04 2.00
2021-12-31 0.05 7.00
2020-12-31 0.04 8.00
2019-12-31 0.02 8.00
2019-10-31

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

  • Unable to perform a dividend volatility check as Adevinta has not reported any payouts.
  • Unable to verify if Adevinta's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Adevinta's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Adevinta has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Adevinta's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Adevinta's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Adevinta afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Adevinta 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.

MKPE.F Management

 What is the CEO of Adevinta'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
Rolv Erik Ryssdal
AGE 57
CEO Bio

Mr. Rolv Erik Ryssdal serves as the Chief Executive Officer of Marketplaces International ASA. Mr. Ryssdal serves as the Chief Executive Officer at Schibsted Forlag AS. He serves as Vice chairman of Finn No A/S. He also serves Chief Executive Officer of Schibsted Classified Media Spain. Mr. Ryssdal served as the President at Schibsted ASA since June 1, 2009. He served as the Chief Executive Officer of Schibsted ASA since June 1, 2009 until December 3, 2018. He has Extensive consumer business experience, including experience with communication strategies and has in-depth knowledge of digital business models and transformation processes. He has been employed in the Schibsted Group since 1991 and has held several management positions including Chief Executive Officer of Aftonbladet from 1999 to 2005 and Chief Executive Officer and Managing Director at Verdens Gang AS from 2005 to 2008 and Chief Executive Officer of Schibsted Classified Media from 2008 to 2009. Mr. Ryssdal serves as the Chairman of Schibsted Norge ASA. He was Independent Director at Danske Bank A/S from March 18, 2014 to March 19, 2019. Mr. Ryssdal has a Master's degree of Business and Economics from the Norwegian School of Management (BI) in 1987 and a Master's of Business Administration from INSEAD in 1991.

CEO Compensation
  • Insufficient data for Rolv to compare compensation growth.
  • Insufficient data for Rolv to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Rolv Erik Ryssdal

TITLE
Chief Executive Officer
AGE
57

Uvashni Raman

TITLE
Chief Financial Officer
TENURE
0.6 yrs

Renaud Bruyeron

TITLE
Chief Technical Officer

Jo Steigedal

TITLE
Head of Investor Relations

Ovidiu Solomonov

TITLE
Senior Vice President of Global Markets

Antoine Jouteau

TITLE
CEO - France

Gianpa Santorsola

TITLE
Chief Executive Officer of Spain & Brazil
Board of Directors Tenure

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

0.6
Average Tenure
56
Average Age
  • The average tenure for the Adevinta board of directors is less than 3 years, this suggests a new board.
Board of Directors

Orla Noonan

TITLE
Chairman of the Board
AGE
49
TENURE
0.6 yrs

Peter Brooks-Johnson

TITLE
Director
TENURE
0.6 yrs

Kristin Lund

TITLE
Director
AGE
53
TENURE
0.6 yrs

Fernando Hernández

TITLE
Director
TENURE
0.6 yrs

Terje Seljeseth

TITLE
Director
AGE
59
TENURE
0.6 yrs

Sophie Javary

TITLE
Director
AGE
60
TENURE
0.6 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 Adevinta'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. Adevinta 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.

MKPE.F News

Simply Wall St News

MKPE.F Company Info

Description

Adevinta ASA operates as an online classifieds company worldwide. The company operates in four segments: France, Spain, Brazil, and Global Markets. It owns and operates 36 online classified marketplaces in generalist, real estate, cars, jobs, and other categories across a range of Websites and mobile applications in 16 countries. The company was formerly known as Marketplaces International ASA and changed its name to Adevinta ASA in February 2019. The company was founded in 2018 and is based in Oslo, Norway. Adevinta ASA operates independently of Schibsted ASA. as of April 9, 2019.

Details
Name: Adevinta ASA
MKPE.F
Exchange: OTCPK
Founded: 2018
NOK7,735,014,476
681,147,889
Website: http://www.adevinta.com
Address: Adevinta ASA
Grensen 5,
Oslo,
Oslo, 0159,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB ADE Ordinary Shares Oslo Bors NO NOK 10. Apr 2019
DB AD5B Ordinary Shares Deutsche Boerse AG DE EUR 10. Apr 2019
BATS-CHIXE ADEBO Ordinary Shares BATS 'Chi-X Europe' GB NOK 10. Apr 2019
OTCPK MKPE.F Class A Shares Pink Sheets LLC US USD 10. Apr 2019
DB AD5A Class A Shares Deutsche Boerse AG DE EUR 10. Apr 2019
BST AD5A Class A Shares Boerse-Stuttgart DE EUR 10. Apr 2019
Number of employees
Current staff
Staff numbers
3,491
Adevinta employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/31 00:59
End of day share price update: 2019/09/06 00:00
Last estimates confirmation: 2019/10/29
Last earnings filing: 2019/10/24
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.