WBAG:PMAG

Stock Analysis Report

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Executive Summary

PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer in Europe, North America, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with moderate growth potential.

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 is less volatile than 75% of Austrian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PMAG's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-3.6%

PMAG

-0.09%

AT Auto

0.07%

AT Market


1 Year Return

42.7%

PMAG

1.4%

AT Auto

1.6%

AT Market

Return vs Industry: PMAG exceeded the Austrian Auto industry which returned 1.4% over the past year.

Return vs Market: PMAG exceeded the Austrian Market which returned 2.2% over the past year.


Shareholder returns

PMAGIndustryMarket
7 Day-3.6%-0.09%0.07%
30 Day2.3%-1.4%8.8%
90 Day33.5%21.6%37.0%
1 Year42.7%42.7%8.5%1.4%4.2%1.6%
3 Year-4.0%-5.0%-11.7%-22.5%0.5%-8.3%
5 Year94.3%91.1%35.8%12.6%79.7%55.3%

Long-Term 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

Valuation

Is PIERER Mobility undervalued compared to its fair value and its price relative to the market?

42.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PMAG (€66.5) is trading above our estimate of fair value (€21.14)

Significantly Below Fair Value: PMAG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PMAG is poor value based on its PE Ratio (43x) compared to the XE Auto industry average (20.4x).

PE vs Market: PMAG is poor value based on its PE Ratio (43x) compared to the Austrian market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: PMAG is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: PMAG is overvalued based on its PB Ratio (4.6x) compared to the XE Auto industry average (1.1x).


Next Steps

Future Growth

How is PIERER Mobility forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

26.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PMAG's forecast earnings growth (26.3% per year) is above the savings rate (0.3%).

Earnings vs Market: PMAG's earnings (26.3% per year) are forecast to grow slower than the Austrian market (27.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PMAG's revenue (10.5% per year) is forecast to grow faster than the Austrian market (5.5% per year).

High Growth Revenue: PMAG's revenue (10.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PMAG's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has PIERER Mobility performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PMAG has high quality earnings.

Growing Profit Margin: PMAG's current net profit margins (2.6%) are lower than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: PMAG's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: PMAG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PMAG had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the Auto industry average (-56.2%).


Return on Equity

High ROE: PMAG's Return on Equity (9.6%) is considered low.


Next Steps

Financial Health

How is PIERER Mobility's financial position?


Financial Position Analysis

Short Term Liabilities: PMAG's short term assets (€741.8M) exceed its short term liabilities (€486.7M).

Long Term Liabilities: PMAG's short term assets (€741.8M) exceed its long term liabilities (€589.5M).


Debt to Equity History and Analysis

Debt Level: PMAG's debt to equity ratio (94%) is considered high.

Reducing Debt: PMAG's debt to equity ratio has reduced from 97.3% to 94% over the past 5 years.

Debt Coverage: PMAG's debt is well covered by operating cash flow (45.6%).

Interest Coverage: PMAG's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Next Steps

Dividend

What is PIERER Mobility current dividend yield, its reliability and sustainability?

0.45%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PMAG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PMAG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PMAG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PMAG's dividend payments have been 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

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Stefan Pierer (64 yo)

no data

Tenure

€1,267,894

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 ($USD1.54M) is about average for companies of similar size in the Austrian market ($USD1.53M).

Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Pierer
CEO & Chairman of Executive Boardno data€1.27mno data
Friedrich Roithner
CFO & Member of Executive Board10.5yrs€610.70k0.63%
€ 9.3m
Hubert Trunkenpolz
Member of Executive Board3yrs€939.12k0.50%
€ 7.5m
Viktor Sigl
Member of Executive Board1.08yrs€383.79k0.23%
€ 3.5m
Michaela Friepeß
Head of Investor Relationsno data€40.93kno data

3.0yrs

Average Tenure

57yo

Average Age

Experienced Management: PMAG's management team is considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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.


Top Shareholders

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: €1.486b
  • Shares outstanding: 22.35m
  • Website: https://www.pierermobility.com

Number of Employees


Location

  • PIERER Mobility AG
  • Edisonstrasse 1
  • Wels
  • Upper Austria
  • 4600
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PMAGWBAG (Wiener Boerse AG)YesCommon StockATEURJun 2015
BFCXTRA (XETRA Trading Platform)YesCommon StockDEEURJun 2015
PMAGDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2015
PMAGSWX (SIX Swiss Exchange)YesCommon StockCHCHFJun 2015

Biography

PIERER Mobility AG, together with its subsidiaries, operates as a motorcycle producer in Europe, North America, and internationally. It operates through KTM, Husqvarna E-Bicycles, and Other segments. The c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/25 20:54
End of Day Share Price2021/01/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.