Delticom
The Share

The Share

DELTICOM AG

Stock quote

Klicken Sie auf den unteren Button, um den Inhalt von bfrank.ariva.de zu laden.

Inhalt laden

Basis data and key figures

Stock exchanges: Xetra, Frankfurt, Berlin, München, Düsseldorf, Hamburg, Hannover, Stuttgart, L&S RT, Tradegate, Quotrix
Frankfurt stock exchange segment: Prime Standard
Market: Regulated Market
First Trading Day: October 26, 2006
WKN (German Securities Code): 514680
ISIN: DE0005146807
LEI (Legal Entity Identification Code): 529900F3EU2GVHVCLR26
Stock Market Symbol: DEX
Bloomberg: DEX:GR
Reuters: DEXGn.DE
Type of Shares: No par value registered ordinary shares
Share Capital: € 14,831,361
Number of shares: 14,831,361
Designated Sponsor: Stifel Europe Bank AG
Paying Agent: Commerzbank AG

Investment Highlights

  • Delticom is European online market leader in the replacement tyre trade
  • Private and commercial end customers are offered a wide range of products to choose from, with more than 600 brands and over 40,000 types of tyres
  • With a delivery of the tyres to a partner garage located near the buyer, Delticom increases the convenience for the customer enormously
  • Our 34,000 partner garages in Europe offer customers a comprehensive range of services, from tyre fitting to general inspections/services
  • Since its founding in 1999, more than 17.4 million customers have shopped in one of the company's more than 280 online shops in around 40 countries.
  • Delticom has more than 20 years of expertise in setting up and operating online shops, in Internet customer acquisition, in Internet marketing and in logistics
  • Several warehouse locations in Europe shorten transport routes and ensure a high delivery capacity even at seasonal peaks
  • Annual revenues potential of EUR 500+ million in core business, the online tyre retailing in Europe
  • Successful turnaround process initiated in mid-2019: Clear refocus on core business
  • The discontinuation of non-core activities has taken place at the beginning of 2020
  • The focus of the restructuring is on a sustainable improvement in profitability
  • Significant improvement in operating profit already achieved through margin optimization, efficiency gains and cost reductions
  • 2021: Revenues of EUR 585.4 million, EBITDA of EUR 17.1 million and EBITDA margin of 2.9 % achieved
  • Guidance 2022: Revenues between EUR 480 million and EUR 520 million, accompanied by an operating EBITDA between EUR 12 million and EUR 15 million
  • Operating EBIT margin of 3 % targeted in the medium term
  • Delticom is positioned in a growth sector: Fundamentally strong growth of the European B2C e-commerce market volume by approx. 13 % from EUR 636 billion in 2019 to EUR 717 billion in 2020, supported by the impact of Corona
  • A comparatively low penetration rate of around 13 % in the European replacement tyre trade offers further growth opportunities for the future
  • Increased digitization trend and growing willingness to buy online accelerates online market penetration in the replacement tyre trade as well

Research on our share

Date Analyst Recommendation Price target
11/16/2022 Daniel Kukalj, Quirin Privatbank Buy € 3.50 Download PDF File
08/16/2022 Daniel Kukalj, Quirin Privatbank Buy € 6.90 Download PDF File
05/17/2022 Jürgen Pieper, Bankhaus Metzler Hold € 3.30 Download PDF File
05/16/2022 Daniel Kukalj, Quirin Privatbank Buy € 8.50 Download PDF File
03/28/2022 Daniel Kukalj, Quirin Privatbank Buy € 8.50 Download PDF File
03/28/2022 Jürgen Pieper, Bankhaus Metzler Buy € 8.00 Download PDF File
01/17/2022 Jürgen Pieper, Bankhaus Metzler Buy € 15.00 Download PDF File
11/09/2021 Daniel Kukalj, Quirin Privatbank Buy € 16.00 Download PDF File
10/08/2021 Jürgen Pieper, Bankhaus Metzler Buy € 16.00 Download PDF File
08/19/2021 Jürgen Pieper, Bankhaus Metzler Buy € 16.00 Download PDF File
08/12/2021 Daniel Kukalj, Quirin Privatbank Buy € 16.00 Download PDF File
06/28/2021 Jürgen Pieper, Bankhaus Metzler Buy € 15.00 Download PDF File
05/14/2021 Daniel Kukalj, Quirin Privatbank Buy € 16.00 Download PDF File
05/03/2021 Jürgen Pieper, Bankhaus Metzler Buy € 15.00 Download PDF File
03/29/2021 Daniel Kukalj, Quirin Privatbank Buy € 16.00 Download PDF File
03/29/2021 Jürgen Pieper, Bankhaus Metzler Buy € 15.00 Download PDF File
03/03/2021 Jürgen Pieper, Bankhaus Metzler Buy € 15.00 Download PDF File
12/15/2020 Daniel Kukalj, Quirin Privatbank Buy € 7.70 Download PDF File
11/23/2020 Daniel Kukalj, Quirin Privatbank Buy € 6.50 Download PDF File

Financial key figures

2021 2020 2019 2018 2017
Revenues €m 585.4 541.3 625.8 645.7 667.7
Total income €m 614.0 574.2 663.4 683.8 693.5
Gross margin % 21.9 22.7 21.6 21.8 20.6
Gross profit €m 156.6 155.9 172.7 178.7 137.4
EBITDA €m 17.1 15.0 -6.6 9.0 9.3
EBITDA margin % 2.9 2.8 -1.1 1.4 1.4
EBIT €m 7.1 5.4 -42.1 1.1 2.0
Net income €m 6.8 6.9 -40.8 -1.7 1.1
Earnings per share 0.49 0.55 -3.27 0.13 0.09
Total assets €m 217.5 199.8 188.2 232.5 202.4
Inventories €m 46.6 36.9 62.9 99.6 79.8
Investments €m 1.2 1.6 6.6 10.7 7.9
Equity €m 38.0 14.8 8.3 49.3 52.9
Equity ratio €m 17.5 7.4 4.4 21.2 26.2
Return on Equity €m 17.9 46.4 -429.9 -3.4 2.1
Liquidity €m 4.9 5.6 5.3 3.4 3.9

Shareholder structure