PIERER Mobility
Market Cap
€1.2b
Last Updated
2020/01/20 21:48 UTC
Data Sources
Company Financials +
Executive Summary
PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with excellent balance sheet.
Share Price & News
How has PIERER Mobility's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PMAG has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.0%
PMAG
-2.5%
AT Auto
-0.5%
AT Market
1 Year Return
-8.4%
PMAG
2.2%
AT Auto
5.8%
AT Market
Return vs Industry: PMAG underperformed the Austrian Auto industry which returned 6.1% over the past year.
Return vs Market: PMAG underperformed the Austrian Market which returned 9.1% over the past year.
Shareholder returns
| PMAG | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | -2.5% | -0.5% |
| 30 Day | 5.1% | -2.6% | -0.7% |
| 90 Day | 5.1% | -0.1% | 1.1% |
| 1 Year | -7.8%-8.4% | 7.4%2.2% | 9.6%5.8% |
| 3 Year | 2.7%1.0% | 6.3%-4.8% | 33.3%21.1% |
| 5 Year | n/a | -2.8%-18.2% | 67.4%44.0% |
Price Volatility Vs. Market
How volatile is PIERER Mobility's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is PIERER Mobility (VIE:PMAG) Using Too Much Debt?4 weeks ago | Simply Wall St
Can PIERER Mobility AG's (VIE:PMAG) ROE Continue To Surpass The Industry Average?1 month ago | Simply Wall St
What Did PIERER Mobility AG's (VIE:PMAG) CEO Take Home Last Year?Valuation
Is PIERER Mobility undervalued compared to its fair value and its price relative to the market?
31.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PMAG (€50) is trading below our estimate of fair value (€74.88)
Significantly Below Fair Value: PMAG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PMAG is poor value based on its PE Ratio (26.5x) compared to the Auto industry average (10x).
PE vs Market: PMAG is poor value based on its PE Ratio (26.5x) compared to the Austrian market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: PMAG is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: PMAG is overvalued based on its PB Ratio (3.7x) compared to the XE Auto industry average (0.9x).
Next Steps
Future Growth
How is PIERER Mobility forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
15.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PMAG's forecast earnings growth (15.9% per year) is above the savings rate (-0.1%).
Earnings vs Market: PMAG's earnings (15.9% per year) are forecast to grow faster than the Austrian market (8.8% per year).
High Growth Earnings: PMAG's earnings are forecast to grow, but not significantly.
Revenue vs Market: PMAG's revenue (8.5% per year) is forecast to grow faster than the Austrian market (2.5% per year).
High Growth Revenue: PMAG's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PMAG's Return on Equity is forecast to be low in 3 years time (14.6%).
Next Steps
Past Performance
How has PIERER Mobility performed over the past 5 years?
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PMAG has high quality earnings.
Growing Profit Margin: PMAG's current net profit margins (2.8%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: PMAG's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: PMAG's earnings growth over the past year (22.1%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: PMAG earnings growth over the past year (22.1%) exceeded the Auto industry 1.4%.
Return on Equity
High ROE: PMAG's Return on Equity (15.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is PIERER Mobility's financial position?
Financial Position Analysis
Short Term Liabilities: PMAG's short term assets (€657.8M) exceed its short term liabilities (€327.2M).
Long Term Liabilities: PMAG's short term assets (€657.8M) exceed its long term liabilities (€577.3M).
Debt to Equity History and Analysis
Debt Level: PMAG's debt to equity ratio (81.9%) is considered high.
Reducing Debt: PMAG's debt to equity ratio has reduced from 103.7% to 81.9% over the past 5 years.
Debt Coverage: PMAG's debt is well covered by operating cash flow (39.7%).
Interest Coverage: PMAG's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
Inventory Level: PMAG has a high level of physical assets or inventory.
Debt Coverage by Assets: PMAG's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is PIERER Mobility's current dividend yield, its reliability and sustainability?
0.58%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PMAG's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (1.6%).
High Dividend: PMAG's dividend (0.6%) is low compared to the top 25% of dividend payers in the Austrian market (4.17%).
Stability and Growth of Payments
Stable Dividend: PMAG is not paying a notable dividend for the Austrian market, therefore no need to check if payments are stable.
Growing Dividend: PMAG is not paying a notable dividend for the Austrian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PMAG is not paying a notable dividend for the Austrian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PMAG's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.
Next Steps
Management
What is the CEO of PIERER Mobility's salary, the management and board of directors tenure and is there insider trading?
€2m
CEO Compensation
CEO
Stefan Pierer (63yo)
0yrs
Tenure
€1,592,598
Compensation
Mr. Stefan Pierer, Dipl.-Ing. serves as the Chief Executive Officer of Pierer Industrie AG. Engineer Pierer serves as the Chief Executive Officer of CROSS Informatik GmbH and CROSS Immobilien AG. Engineer ...
CEO Compensation Analysis
Compensation vs Market: Stefan's total compensation ($USD1.77M) is about average for companies of similar size in the Austrian market ($USD1.71M).
Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Stefan Pierer (63yo)
CEO & Chairman of Executive Board
- Compensation: €1.59m
Hubert Trunkenpolz (57yo)
Member of Executive Board & CSO
- Tenure: 2yrs
- Compensation: €1.30m
Friedrich Roithner (56yo)
CFO & Member of Executive Board
- Tenure: 9.5yrs
- Compensation: €842.10k
Michaela Friepeß (47yo)
Head of Investor Relations
- Compensation: €40.93k
Board Members
Josef Blazicek (55yo)
Supervisory Board Chairman
Alfred Hörtenhuber (64yo)
Member of Supervisory Board
- Tenure: 1.8yrs
Wels Chalupsky (65yo)
Deputy Supervisory Board Chairman
Klaus Rinnerberger (55yo)
Member of Supervisory Board
- Tenure: 5yrs
Company Information
PIERER Mobility AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PIERER Mobility AG
- Ticker: PMAG
- Exchange: WBAG
- Founded: 1953
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: €1.161b
- Shares outstanding: 22.54m
- Website: https://www.pierermobility.com
Number of Employees
Location
- PIERER Mobility AG
- Edisonstrasse 1
- Wels
- Upper Austria
- 4600
- Austria
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KTMIV | BATS-CHIXE (BATS 'Chi-X Europe') | NPV | GB | EUR | No data | |
| PMAG | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jun 2015 |
| BFC | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jun 2015 |
| PMAG | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 2015 |
| PMAG | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jun 2015 |
| KTMI | WBAG (Wiener Boerse AG) | NPV | AT | EUR | May 2018 | |
| KTMI | SWX (SIX Swiss Exchange) | NPV | CH | CHF | May 2018 |
Biography
PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer worldwide. It operates in KTM and Others segments. The company develops, produces, and distributes motorized vehicles for recreational purposes, including off-road and street motorcycles; mini-motorcycles; X-BOW; and brand accessories, which includes spare parts, technical accessories, and apparel under the KTM and Husqvarna Motorcycles brands. It also develops, produces, and sells chassis components for motorcycles and vehicles, including suspension components, frame construction and related welded-steel components, exhaust systems, and cooling systems under the WP brand. The company was formerly known as KTM Industries AG and changed its name to PIERER Mobility AG in October 2019. PIERER Mobility AG was founded in 1953 and is headquartered in Wels, Austria. PIERER Mobility AG is a subsidiary of Pierer Industrie AG.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/20 21:48 |
| End of Day Share Price | 2020/01/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.