Anuncio • Jan 29
ElringKlinger AG to Report Fiscal Year 2025 Results on Mar 26, 2026 ElringKlinger AG announced that they will report fiscal year 2025 results on Mar 26, 2026 Anuncio • Jan 16
Elringklinger AG Announces Executive Changes, Effective 2026 The Supervisory Board of ElringKlinger AG has appointed Ulrich Zimmer to the Group Management Board. Zimmer will take on the responsibilities of Reiner Drews, who is stepping down from the Management Board at his own request upon completion of his contract following a successful 19-year tenure at ElringKlinger on March 31, 2026. As Chief Operating Officer, Ulrich Zimmer will oversee the Lightweighting/Elastomer Technology, Metal Sealing Systems & Drivetrain Components, and Metal Forming & Assembly Technology business units, in addition to the corporate units Production, Quality, Purchasing, Real Estate, and Supply Chain Management as well as the area of Innovation and R&D. Ulrich Zimmer (55) currently holds the position of Senior Vice President R&D at Traton SE within the Volkswagen Group and is responsible for Traton’s German R&D sites in his role as Managing Director. Among his accomplishments in this capacity is the establishment of a global R&D organization in the field of electromobility. Prior to this, Ulrich Zimmer headed Powertrain production at MAN Truck & Bus SE for six years. Before joining MAN in 2017, he held management positions at Daimler Truck for many years. In this context, he was also responsible for large-scale production units with complex operational processes at various sites. He will take on his new responsibilities at ElringKlinger in the course of 2026. Ulrich Zimmer holds a degree in physics from Eberhard-Karls-Universität Tübingen and has successfully completed leadership programs at IMD Lausanne, ESMT Berlin, IESE Barcelona, and HEC Paris. Zimmer is due to take up his new post in the course of 2026. Anuncio • Apr 09
ElringKlinger AG, Annual General Meeting, May 16, 2025 ElringKlinger AG, Annual General Meeting, May 16, 2025, at 10:00 W. Europe Standard Time. Anuncio • Apr 04
ElringKlinger AG Announces Executive Changes, Effective August 1, 2025 The Supervisory Board of ElringKlinger AG has appointed Isabelle Damen to the Group Management Board effective from August 1, 2025. The Dutch-born executive is to take over the role of Chief Financial Officer from CEO Thomas Jessulat, who had initially retained the position of CFO alongside his duties as the newly appointed CEO. In addition to covering matters generally associated with financial management, Isabelle Damen will also be responsible for IT and Legal & Compliance. Isabelle Damen (51) currently holds the position of CFO at Teijin Aramid B.V., a subsidiary of the Japanese multi-national group Teijin Ltd., where she is responsible for the areas of Finance, Legal, and Continuous Improvement. Before joining Teijin Aramid B.V. in 2020, she held management positions at Sensata Technologies and Thales B.V., among others. Isabelle Damen has a Bachelor’s degree from the Amsterdam Business School and an MBA from the ESADE Business School in Barcelona. Anuncio • Mar 30
ElringKlinger AG announces Annual dividend, payable on May 21, 2025 ElringKlinger AG announced Annual dividend of EUR 0.1500 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Price Target Changed • Nov 14
Price target decreased by 9.0% to €5.84 Down from €6.42, the current price target is an average from 5 analysts. New target price is 44% above last closing price of €4.06. Stock is down 33% over the past year. The company posted earnings per share of €0.62 last year. Reported Earnings • Nov 14
Third quarter 2024 earnings released: €0.89 loss per share (vs €0.12 profit in 3Q 2023) Third quarter 2024 results: €0.89 loss per share (down from €0.12 profit in 3Q 2023). Revenue: €440.8m (down 2.4% from 3Q 2023). Net loss: €56.2m (down €63.9m from profit in 3Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Price Target Changed • Oct 08
Price target decreased by 7.8% to €6.30 Down from €6.83, the current price target is an average from 6 analysts. New target price is 55% above last closing price of €4.08. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.66 for next year compared to €0.62 last year. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: €0.15 (vs €0.04 in 2Q 2023) Second quarter 2024 results: EPS: €0.15 (up from €0.04 in 2Q 2023). Revenue: €445.0m (down 5.1% from 2Q 2023). Net income: €9.81m (up 314% from 2Q 2023). Profit margin: 2.2% (up from 0.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 10
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 17 May 2024. Payment date: 21 May 2024. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.0%). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: €0.21 (vs €0.10 in 1Q 2023) First quarter 2024 results: EPS: €0.21 (up from €0.10 in 1Q 2023). Revenue: €465.3m (down 4.6% from 1Q 2023). Net income: €13.3m (up 100% from 1Q 2023). Profit margin: 2.9% (up from 1.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Price Target Changed • Apr 25
Price target increased by 8.2% to €7.90 Up from €7.30, the current price target is an average from 6 analysts. New target price is 18% above last closing price of €6.72. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.78 for next year compared to €0.62 last year. Price Target Changed • Apr 10
Price target increased by 8.2% to €7.90 Up from €7.30, the current price target is an average from 6 analysts. New target price is 8.4% above last closing price of €7.29. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.74 for next year compared to €0.62 last year. New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Reported Earnings • Mar 28
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: €0.62 (up from €1.41 loss in FY 2022). Revenue: €1.85b (up 2.7% from FY 2022). Net income: €39.3m (up €128.4m from FY 2022). Profit margin: 2.1% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Declared Dividend • Mar 28
Dividend of €0.15 announced Dividend of €0.15 is the same as last year. Ex-date: 17th May 2024 Payment date: 21st May 2024 Dividend yield will be 2.5%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 117% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €6.04, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Auto Components industry in Germany. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.57 per share. Anuncio • Mar 15
ElringKlinger AG to Report Fiscal Year 2023 Results on Mar 27, 2024 ElringKlinger AG announced that they will report fiscal year 2023 results on Mar 27, 2024 Anuncio • Feb 27
ElringKlinger AG to Report Q1, 2024 Results on May 07, 2024 ElringKlinger AG announced that they will report Q1, 2024 results on May 07, 2024 Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €5.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Auto Components industry in Germany. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.47 per share. Price Target Changed • Dec 16
Price target decreased by 8.2% to €7.47 Down from €8.13, the current price target is an average from 6 analysts. New target price is 38% above last closing price of €5.41. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.43 next year compared to a net loss per share of €1.41 last year. New Risk • Nov 10
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Nov 10
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: €0.12 (up from €0.052 in 3Q 2022). Revenue: €451.6m (down 2.7% from 3Q 2022). Net income: €7.76m (up 134% from 3Q 2022). Profit margin: 1.7% (up from 0.7% in 3Q 2022). Revenue missed analyst estimates by 7.3%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 29
Price target increased by 7.6% to €8.13 Up from €7.56, the current price target is an average from 6 analysts. New target price is 63% above last closing price of €4.99. Stock is down 29% over the past year. The company is forecast to post earnings per share of €0.55 next year compared to a net loss per share of €1.41 last year. New Risk • Aug 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 92% Minor Risks High level of debt (45% net debt to equity). Large one-off items impacting financial results. Reported Earnings • Aug 08
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: €0.04 (up from €1.49 loss in 2Q 2022). Revenue: €468.7m (up 8.9% from 2Q 2022). Net income: €2.37m (up €96.5m from 2Q 2022). Profit margin: 0.5% (up from net loss in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 75%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Price Target Changed • Aug 03
Price target decreased by 7.7% to €10.85 Down from €11.75, the current price target is an average from 5 analysts. New target price is 43% above last closing price of €7.61. Stock is down 7.6% over the past year. The company is forecast to post earnings per share of €0.76 next year compared to a net loss per share of €1.41 last year. Anuncio • May 11
ElringKlinger AG, Annual General Meeting, May 16, 2024 ElringKlinger AG, Annual General Meeting, May 16, 2024. Reported Earnings • May 10
Full year 2022 earnings released: €1.41 loss per share (vs €0.88 profit in FY 2021) Full year 2022 results: €1.41 loss per share (down from €0.88 profit in FY 2021). Revenue: €1.80b (up 11% from FY 2021). Net loss: €89.1m (down 260% from profit in FY 2021). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Buying Opportunity • May 10
Now 26% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be €14.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • May 10
Upcoming dividend of €0.15 per share at 1.6% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 22 May 2023. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.6%). Price Target Changed • Apr 27
Price target increased by 12% to €10.50 Up from €9.40, the current price target is an average from 5 analysts. New target price is 5.7% above last closing price of €9.93. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.84 next year compared to a net loss per share of €1.41 last year. Price Target Changed • Apr 24
Price target increased by 17% to €10.50 Up from €9.00, the current price target is an average from 5 analysts. New target price is 14% above last closing price of €9.24. Stock is up 15% over the past year. The company is forecast to post earnings per share of €0.84 next year compared to a net loss per share of €1.41 last year. Price Target Changed • Apr 04
Price target increased by 11% to €10.00 Up from €9.00, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of €9.93. Stock is up 16% over the past year. The company is forecast to post earnings per share of €0.79 next year compared to a net loss per share of €1.41 last year. Reported Earnings • Mar 29
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: €1.41 loss per share (down from €0.88 profit in FY 2021). Revenue: €1.80b (up 11% from FY 2021). Net loss: €89.1m (down 260% from profit in FY 2021). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Buying Opportunity • Mar 14
Now 21% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €10.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Feb 21
Price target decreased by 9.7% to €8.50 Down from €9.42, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of €8.10. Stock is down 15% over the past year. The company is forecast to post a net loss per share of €1.06 compared to earnings per share of €0.88 last year. Buying Opportunity • Feb 07
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €10.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: €0.05 (vs €0.14 in 3Q 2021) Third quarter 2022 results: EPS: €0.05 (down from €0.14 in 3Q 2021). Revenue: €464.1m (up 16% from 3Q 2021). Net income: €3.31m (down 63% from 3Q 2021). Profit margin: 0.7% (down from 2.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 06
Second quarter 2022 earnings released: €1.49 loss per share (vs €0.13 profit in 2Q 2021) Second quarter 2022 results: €1.49 loss per share (down from €0.13 profit in 2Q 2021). Revenue: €430.6m (up 9.4% from 2Q 2021). Net loss: €94.1m (down €102.0m from profit in 2Q 2021). Over the next year, revenue is forecast to grow 8.7%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Aug 04
Price target decreased to €9.42 Down from €10.17, the current price target is an average from 6 analysts. New target price is 16% above last closing price of €8.09. Stock is down 42% over the past year. The company is forecast to post a net loss per share of €0.044 compared to earnings per share of €0.88 last year. Anuncio • Mar 31
ElringKlinger AG, Annual General Meeting, May 16, 2022 ElringKlinger AG, Annual General Meeting, May 16, 2022. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €8.06, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Auto Components industry in Germany. Total returns to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.63 per share. Buying Opportunity • Feb 18
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €13.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% per annum over the last 3 years. The company has become profitable over the last year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €10.02, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Auto Components industry in Germany. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.09 per share. Buying Opportunity • Jan 25
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €13.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% per annum over the last 3 years. The company has become profitable over the last year. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 20% share price gain to €13.33, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Auto Components industry in Germany. Total returns to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.52 per share. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS €0.14 (vs €0.054 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €400.6m (up 5.1% from 3Q 2020). Net income: €8.96m (up 162% from 3Q 2020). Profit margin: 2.2% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS €0.13 (vs €0.56 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €393.6m (up 56% from 2Q 2020). Net income: €7.95m (up €43.4m from 2Q 2020). Profit margin: 2.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Price Target Changed • Jul 02
Price target increased to €14.12 Up from €12.96, the current price target is an average from 8 analysts. New target price is 6.3% below last closing price of €15.06. Stock is up 192% over the past year. Reported Earnings • May 10
First quarter 2021 earnings released: EPS €0.60 (vs €0.031 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €424.1m (up 7.0% from 1Q 2020). Net income: €37.9m (up €35.9m from 1Q 2020). Profit margin: 8.9% (up from 0.5% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2020 earnings released: €0.64 loss per share (vs €0.064 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.48b (down 14% from FY 2019). Net loss: €40.8m (down €44.9m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 01
Price target increased to €11.44 Up from €10.35, the current price target is an average from 8 analysts. New target price is 14% below last closing price of €13.34. Stock is up 237% over the past year. Price Target Changed • Feb 10
Price target raised to €10.35 Up from €9.36, the current price target is an average from 8 analysts. The new target price is 36% below the current share price of €16.22. As of last close, the stock is up 139% over the past year. Is New 90 Day High Low • Jan 21
New 90-day high: €16.18 The company is up 105% from its price of €7.90 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.35 per share. Price Target Changed • Jan 08
Price target raised to €8.36 Up from €7.33, the current price target is an average from 9 analysts. The new target price is 44% below the current share price of €15.00. As of last close, the stock is up 84% over the past year. Is New 90 Day High Low • Jan 06
New 90-day high: €16.16 The company is up 106% from its price of €7.84 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.20 per share. Is New 90 Day High Low • Dec 16
New 90-day high: €15.18 The company is up 155% from its price of €5.95 on 17 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.58 per share. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS €0.054 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €381.2m (down 12% from 3Q 2019). Net income: €3.43m (down 49% from 3Q 2019). Profit margin: 0.9% (down from 1.6% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 103% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue and earnings miss expectations Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 44%. Over the next year, revenue is forecast to grow 6.6%, compared to a 7.9% growth forecast for the Auto Components industry in Germany. Is New 90 Day High Low • Nov 11
New 90-day high: €10.52 The company is up 77% from its price of €5.93 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.85 per share. Price Target Changed • Oct 30
Price target raised to €5.49 Up from €4.71, the current price target is an average from 11 analysts. The new target price is 34% below the current share price of €8.26. As of last close, the stock is up 24% over the past year. Is New 90 Day High Low • Oct 14
New 90-day high: €8.00 The company is up 39% from its price of €5.74 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.50 per share. Is New 90 Day High Low • Sep 24
New 90-day high: €6.31 The company is up 24% from its price of €5.09 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.52 per share.