Reported Earnings • May 11
First quarter 2026 earnings released: EPS: €0.23 (vs €0.055 in 1Q 2025) First quarter 2026 results: EPS: €0.23 (up from €0.055 in 1Q 2025). Revenue: €430.0m (up 1.6% from 1Q 2025). Net income: €14.7m (up 322% from 1Q 2025). Profit margin: 3.4% (up from 0.8% in 1Q 2025). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Upcoming Dividend • May 06
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 13 May 2026. Payment date: 15 May 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.5%). In line with average of industry peers (3.0%). Reported Earnings • Mar 29
Full year 2025 earnings released: €0.10 loss per share (vs €2.18 loss in FY 2024) Full year 2025 results: €0.10 loss per share (improved from €2.18 loss in FY 2024). Revenue: €1.64b (down 9.0% from FY 2024). Net loss: €6.15m (loss narrowed 96% from FY 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 39% 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. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Annonce • 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 Price Target Changed • Jan 17
Price target decreased by 10.0% to €5.27 Down from €5.85, the current price target is an average from 3 analysts. New target price is 21% above last closing price of €4.36. Stock is down 4.1% over the past year. The company is forecast to post a net loss per share of €0.17 next year compared to a net loss per share of €2.18 last year. Annonce • 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. Reported Earnings • Nov 15
Third quarter 2025 earnings released: €0.07 loss per share (vs €0.89 loss in 3Q 2024) Third quarter 2025 results: €0.07 loss per share (improved from €0.89 loss in 3Q 2024). Revenue: €395.5m (down 10% from 3Q 2024). Net loss: €4.44m (loss narrowed 92% from 3Q 2024). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.5% decline forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Aug 12
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 57% 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. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk High level of debt (57% net debt to equity). Reported Earnings • Aug 07
Second quarter 2025 earnings released: €0.15 loss per share (vs €0.15 profit in 2Q 2024) Second quarter 2025 results: €0.15 loss per share (down from €0.15 profit in 2Q 2024). Revenue: €408.3m (down 8.2% from 2Q 2024). Net loss: €9.24m (down 194% from profit in 2Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 18% per year. Price Target Changed • Jun 22
Price target increased by 14% to €6.25 Up from €5.50, the current price target is an average from 2 analysts. New target price is 43% above last closing price of €4.36. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.33 next year compared to a net loss per share of €2.18 last year. Upcoming Dividend • May 12
Upcoming dividend of €0.15 per share Eligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.3%). In line with average of industry peers (3.1%). Reported Earnings • May 09
First quarter 2025 earnings released: EPS: €0.06 (vs €0.21 in 1Q 2024) First quarter 2025 results: EPS: €0.06 (down from €0.21 in 1Q 2024). Revenue: €423.1m (down 9.1% from 1Q 2024). Net income: €3.49m (down 74% from 1Q 2024). Profit margin: 0.8% (down from 2.9% in 1Q 2024). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 13% per year. New Risk • May 09
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Annonce • 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. Annonce • 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. Declared Dividend • Mar 31
Dividend of €0.15 announced Dividend of €0.15 is the same as last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 3.2%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (25% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Annonce • 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. Reported Earnings • Mar 28
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: €2.18 loss per share (down from €0.62 profit in FY 2023). Revenue: €1.80b (down 2.4% from FY 2023). Net loss: €137.8m (down 451% from profit in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Auto Components industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. 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. Major Estimate Revision • Oct 09
Consensus EPS estimates increase by 26%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €1.83b to €1.81b. EPS estimate rose from €0.674 to €0.853. Net income forecast to grow 1.3% next year vs 26% growth forecast for Auto Components industry in Germany. Consensus price target broadly unchanged at €6.30. Share price fell 5.4% to €3.92 over the past week. 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 57% above last closing price of €4.02. Stock is down 27% 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. Major Estimate Revision • Aug 14
Consensus EPS estimates increase by 10% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.636 to €0.70. Revenue forecast steady at €1.83b. Net income forecast to shrink 6.5% next year vs 10% growth forecast for Auto Components industry in Germany . Consensus price target down from €7.65 to €6.83. Share price was steady at €4.36 over the past week. New Risk • Aug 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 41% 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 (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Aug 08
Price target decreased by 11% to €6.83 Down from €7.65, the current price target is an average from 6 analysts. New target price is 57% above last closing price of €4.35. Stock is down 31% over the past year. The company is forecast to post earnings per share of €0.70 for next year compared to €0.62 last year. Major Estimate Revision • May 13
Consensus EPS estimates fall by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.86b to €1.84b. EPS estimate also fell from €0.779 per share to €0.642 per share. Net income forecast to grow 3.4% next year vs 19% growth forecast for Auto Components industry in Germany. Consensus price target down from €7.90 to €7.65. Share price fell 7.1% to €6.11 over the past week. 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 08
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. New Risk • Apr 17
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 6.8% 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 (6.8% average weekly change). 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 9.7% above last closing price of €7.20. Stock is down 23% 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. 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 15% After last week's 15% share price gain to €5.99, 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 €9.49 per share. Annonce • 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 Annonce • 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 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €5.53, 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 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.35 per share. Major Estimate Revision • Jan 16
Consensus EPS estimates increase by 19% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.425 to €0.507. Revenue forecast steady at €1.86b. Net income forecast to grow 173% next year vs 21% growth forecast for Auto Components industry in Germany. Consensus price target down from €7.47 to €7.30. Share price was steady at €5.32 over the past week. Major Estimate Revision • Nov 30
Consensus EPS estimates increase by 38% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.32 to €0.44. Revenue forecast steady at €1.85b. Net income forecast to grow 177% next year vs 21% growth forecast for Auto Components industry in Germany. Consensus price target down from €8.13 to €7.75. Share price rose 4.0% to €5.85 over the past week. 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 60% above last closing price of €5.08. 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 1% 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 53% above last closing price of €7.08. Stock is down 12% 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. Annonce • 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 27% per year, which means it is well ahead of earnings. 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%). Buying Opportunity • May 09
Now 24% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be €13.03, 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. 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 6.5% above last closing price of €9.86. Stock is up 26% 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 13% above last closing price of €9.27. Stock is up 16% 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 €9.89. 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 31% per year, which means it is well ahead of earnings. Buying Opportunity • Mar 13
Now 22% undervalued Over the last 90 days, the stock is up 16%. The fair value is estimated to be €10.69, 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 €8.45. Stock is down 11% 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 06
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be €10.35, 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 05
First quarter 2022 earnings released: EPS: €0.063 (vs €0.60 in 1Q 2021) First quarter 2022 results: EPS: €0.063 (down from €0.60 in 1Q 2021). Revenue: €434.6m (up 2.5% from 1Q 2021). Net income: €4.01m (down 89% from 1Q 2021). Profit margin: 0.9% (down from 8.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 11%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Aug 05
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.73b to €1.81b. Forecast EPS reduced from -€0.04 to -€0.24 per share. Auto Components industry in Germany expected to see average net income growth of 9.5% next year. Consensus price target broadly unchanged at €9.42. Share price was steady at €7.92 over the past week. 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 17% above last closing price of €8.08. 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. Major Estimate Revision • Jul 12
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €1.70b to €1.73b. Now expected to report loss of -€0.04 instead of €0.60 per share profit. Auto Components industry in Germany expected to see average net income growth of 24% next year. Consensus price target down from €10.34 to €9.75. Share price was steady at €7.11 over the past week. Annonce • 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 04
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €8.04, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Auto Components industry in Germany. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.44 per share. Buying Opportunity • Feb 17
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €13.56, 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 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €10.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Auto Components industry in Germany. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.41 per share. Buying Opportunity • Jan 24
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €13.41, 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 05
Investor sentiment improved over the past week After last week's 23% share price gain to €13.70, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Auto Components industry in Germany. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.49 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 19% per year, which means it is well ahead of earnings.