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Margin of Safety (beta)
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Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2008 2009 2010 2011 2012 2013 2014E 2015E CAGR / Avg
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Last ex-div: 30th Apr, paid: 30th Apr more... Dividends
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Book Value ps +0.6%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2013, Delticom AG revenues increased 11% to EUR510.9M. Net income decreased 48% to EUR11.6M. Revenues reflect Other Operating Income - Balancing value increase of 41% to EUR5.2M, Sale of Assets increase from EUR83K to EUR237K. Net income was offset by Amortisation of Intangibles increase from EUR159K to EUR1.8M (expense). Dividend per share decreased from EUR1.90 to EUR0.50. more »

Health Trend

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  Earnings Manipulation Risk

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Broker Forecasts
31st Dec 2014
31st Dec 2015

Price Target: €35.8 (+1.01% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +27.1% (€) (€) (€) (€) (€) (€)
Consensus Estimate
1m Change
3m Change
12 brokers Broker Consensus Trend
Broker Recommendations for Delticom AG
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 2 1 6 1 2

Named Brokers and Analysts
Commerzbank Corporates & Markets Dennis Schmitt , Warburg Research GmbH Marc-Rene Tonn , Metzler Equities Juergen Pieper , BHF-BANK AG , CA Cheuvreux Jennifer Gaussmann , Macquarie Research Marcus Sander , Berenberg Stanislaus von Thurn und Taxis , Nord/LB Frank Schwope , Bankhaus Lampe Christian Ludwig , Hauck & Aufhaeuser Research Sascha Berresch, CFA , Montega AG Tim Kruse ,

Delticom AG is a German tire retailer that divides its operations in two divisions: e-Commerce and Wholesale. It acts primarily as an Internet tire retailer, offering private and business customers a variety of products in more than 126 online shops in 41 countries. Its product portfolio includes 25,000 models from more than 100 tire brands for cars, motorcycles, commercial vehicles and buses, as well as wheels, motor oil, replacement parts and accessories. It operates under the brand name ReifenDirekt in Germany, Switzerland and Austria, as well as through Websites mytyres.co.uk and 123pneus.fr, delivering tires to more than 30,000 service partners. Its Wholesale division sells tires to wholesalers in Germany and abroad. The Company has five wholly owned subsidiaries: Reifendirekt GmbH, Pnebo Gesellschaft fuer Reifenrosshandel und Logistik mbH, as well as Delticom Tyres Ltd, NETIX SRL and Delticom North America Inc, as well as two majority owned subsidiaries in Singapur in Hong Kong.

Directors: Andreas Pruefer (Co-CEO) , Philip von Grolman (Co-CEO) , Michael Thoene-Floege (Vice Ch.-Sup.) , Susann Doersel-Mueller (Mgt.Bd.) , Sascha Juergensen (Mgt.Bd.) , Frank Schuhardt (Mgt.Bd.) ,

No. of Employees: 148 No. of Shareholders: n/a


Last Annual December 31st, 2013
Last Interim December 31st, 2013
Shares in Issue 11,859,440
Free Float 5.43m (45.8%)
ISIN DE0005146807
Sector Consumer Cyclicals
Industry Specialty Retailers
Index
Exchange XETRA
Eligible for an ISA? a SIPP?

DEX Share Price Performance DEX Quote
€35.42
0.6  1.8%
Traded 4:35pm · Minimum 15 min delayed · NMS:

Latest DEX News Announcements (delayed)

Upcoming DEX Events
Tuesday 29th April, 2014
Delticom AG Annual Shareholder Meeting
Wednesday 30th April, 2014
Dividend For DEX.DE
Thursday 15th May, 2014
Q1 2014 Delticom AG Earnings Release
Thursday 14th August, 2014
Q2 2014 Delticom AG Earnings Release
Thursday 13th November, 2014
Q3 2014 Delticom AG Earnings Release
Monday 24th November, 2014
Delticom AG at Deutsche Boerse German Equity Forum

Recent ↓
Thursday 20th March, 2014
Preliminary 2013 Delticom AG Earnings Conference Call
Thursday 20th March, 2014
Preliminary 2013 Delticom AG Earnings Release
Wednesday 13th November, 2013
Delticom AG at Deutsche Boerse German Equity Forum
Thursday 7th November, 2013
Q3 2013 Delticom AG Earnings Release
Monday 23rd September, 2013
Delticom AG at Goldman Sachs and Berenberg Bank German Corporate Conference (1x1 only)
Thursday 8th August, 2013
Q2 2013 Delticom AG Earnings Release
Thursday 18th July, 2013
Preliminary Q2 2013 Delticom AG Earnings Conference Call
Thursday 18th July, 2013
Preliminary Q2 2013 Delticom AG Earnings Release
Thursday 2nd May, 2013
Dividend For DEX.DE
Tuesday 30th April, 2013
Delticom AG Annual Shareholder Meeting


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