Last €7.79 EUR
Change Today +0.058 / 0.75%
Volume 100.0
US5 On Other Exchanges
Symbol
Exchange
Xetra
As of 4:55 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

ultrasonic ag (US5) Snapshot

Open
€7.72
Previous Close
€7.73
Day High
€7.90
Day Low
€7.72
52 Week High
08/27/13 - €9.33
52 Week Low
04/29/14 - €6.50
Market Cap
98.9M
Average Volume 10 Days
1.1K
EPS TTM
€2.82
Shares Outstanding
12.7M
EX-Date
--
P/E TM
2.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for ULTRASONIC AG (US5)

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ultrasonic ag (US5) Details

Ultrasonic AG, through its subsidiaries, is engaged in the design, production, and sale of footwear products primarily in the People’s Republic of China. The company operates in four segments: Shoe Soles, Sandals and Slippers, Urban Footwear, and Accessories. It provides urban footwear products, including outdoor, casual, and business footwear products, as well as accessories, such as socks, leather bags, and belts; sandals and slippers; and shoes soles for sports shoes. The company markets its products to the manufacturers of footwear and sports related apparel products, and trading companies under the Ultrasonic and Happy Dog brand names through its regional distributors. Ultrasonic AG was founded in 1998 and is based in Düsseldorf, Germany.

1,357 Employees
Last Reported Date: 05/28/14
Founded in 1998

ultrasonic ag (US5) Top Compensated Officers

Founder, Chairman of Management Board and Chi...
Total Annual Compensation: €63.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €39.0K
Chief Operating Officer and Member of Managem...
Total Annual Compensation: €47.0K
Compensation as of Fiscal Year 2013.

ultrasonic ag (US5) Key Developments

Ultrasonic AG to Approve Articles of Association

Ultrasonic AG announced that the annual general meeting to be held on July 22, 2014, to approve Articles of association.

Ultrasonic AG Announces Group Earnings Results for the First Quarter 2014; Provides Earnings Guidance for the Year 2014; Plans to Invest to Expand Production in 2014

Ultrasonic AG announced group earnings results for the first quarter 2014. In the first quarter, Group revenue rose 5.0% to EUR 35.4 million compared to EUR 33.7 million a year ago. EBITDA was EUR 9.7 million, 1.0% below adjusted EBITDA of EUR 9.8 million for the first three months of 2013, while Group EBIT declined by 0.5% from EUR 9.5 million to EUR 9.4 million in the reporting period. Earnings before taxes were EUR 9.5 million in the reporting period compared to EUR 9.5 million a year ago. The profit for the period was EUR 7.1 million compared to EUR 7.1 million a year ago. That was an increase of 0.3% year-on-year, giving earnings per share (basic and undiluted) of EUR 0.56 compared to EUR 0.59 (adjusted) a year ago. The net cash provided by operating activities was EUR 16.1 million in the reporting period compared to EUR 18.9 million a year ago. The slight decline compared with the previous year was mainly due to a change in working capital. The company provided production guidance for the year 2014. The company plans to produce 0.7-1.0 million pairs of children's shoes for the urban footwear segment, raise production capacity for shoe soles by 6.5% to 42.2 million pairs per year, and production capacity for sandals and slippers by 10% to 17.7 million pairs a year. The company still expects to report further growth on a euro basis of around 10-15% in 2014 (excluding currency effects). The company still expects to report a pre-tax margin (EBT) of 24-27% in 2014. In total, the company intends to invest a further EUR 1.0-1.5 million to expand production in 2014. Plans include purchasing two new production lines for urban footwear and one or two sets of new injection moulding machinery to produce shoe soles, sandals and slippers. Further, in 2014 the company will be investing EUR 5.3-5.9 million to expand infrastructure (fencing, access road, buildings) at the new site. In addition, the company is planning to step up marketing to strengthen its brand and raise brand awareness, especially on the internet. For this, it has earmarked a budget of EUR 2-3 million for promotion expenses in 2014.

Ultrasonic AG Announces Audited Consolidated Earnings Results for the Fiscal Year 2013; Provides Earnings Guidance for the Fiscal Year 2014

Ultrasonic AG announced audited consolidated earnings results for the fiscal year 2013. For the year, the company announced that the sales revenue of the group grew by 9.9% from EUR 149.0 million in 2012 to EUR 163.8 million in 2013. The company lifted EBITDA from EUR 43.2 million to EUR 48.9 million in 2013. The group's after-tax profit improved to EUR 35.0 million compared to EUR 30.8 million for the same period a year ago. That corresponds to earnings per share (basic and diluted) of EUR 2.82 compared to EUR 2.55 (restated) for the same period a year ago. Operating cash flow increased to EUR 37.1 million compared to EUR 18.6 million (restated) for the same period a year ago. The company provided earnings guidance for the fiscal year 2014. For fiscal 2014, the management board expects the positive trend to continue. Assuming a further rise in consumer spending in China and at least stable export demand, together with an unchanged number of distributors and a slight rise in the number of ULTRASONIC shops, the company expects to report further growth on a euro basis of around 10%-15% in 2014 (excluding currency effects). The management board still expects to report a pre-tax margin (EBT) of 24%-27% in 2014.

 

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US5

Industry Average

Valuation US5 Industry Range
Price/Earnings 2.7x
Price/Sales 0.6x
Price/Book 0.6x
Price/Cash Flow 2.7x
TEV/Sales NM Not Meaningful
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