Palfinger
Market Cap
€1.1b
Last Updated
2019/11/12 20:33 UTC
Data Sources
Company Financials +
Executive Summary
Palfinger AG produces and sells lifting solutions worldwide.
Snowflake
Fundamentals
Solid track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Palfinger's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PAL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.4%
PAL
1.0%
AT Machinery
-0.1%
AT Market
1 Year Return
12.1%
PAL
-1.6%
AT Machinery
2.9%
AT Market
Return vs Industry: PAL exceeded the Austrian Machinery industry which returned -1.6% over the past year.
Return vs Market: PAL exceeded the Austrian Market which returned 2.9% over the past year.
Shareholder returns
| PAL | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.4% | 1.0% | -0.1% |
| 30 Day | 15.3% | 12.5% | 5.3% |
| 90 Day | 31.1% | 29.7% | 8.1% |
| 1 Year | 14.3%12.1% | 1.9%-1.6% | 6.7%2.9% |
| 3 Year | 9.2%3.8% | -6.5%-14.4% | 46.1%32.9% |
| 5 Year | 65.9%52.1% | 8.9%-6.0% | 69.2%45.4% |
Price Volatility Vs. Market
How volatile is Palfinger's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Interested In Palfinger AG (VIE:PAL)? Here's What Its Recent Performance Looks Like4 weeks ago | Simply Wall St
Can Palfinger AG (VIE:PAL) Maintain Its Strong Returns?1 month ago | Simply Wall St
A Spotlight On Palfinger AG's (VIE:PAL) FundamentalsValuation
Is Palfinger undervalued compared to its fair value and its price relative to the market?
14.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PAL (€28.25) is trading above our estimate of fair value (€25.07)
Significantly Below Fair Value: PAL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PAL is good value based on its PE Ratio (14.5x) compared to the Machinery industry average (16.2x).
PE vs Market: PAL is poor value based on its PE Ratio (14.5x) compared to the Austrian market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: PAL is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: PAL is overvalued based on its PB Ratio (1.9x) compared to the AT Machinery industry average (1.6x).
Next Steps
Future Growth
How is Palfinger forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
10.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAL's forecast earnings growth (10.2% per year) is above the savings rate (0.5%).
Earnings vs Market: PAL's earnings (10.2% per year) are forecast to grow faster than the Austrian market (8.6% per year).
High Growth Earnings: PAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: PAL's revenue (2% per year) is forecast to grow slower than the Austrian market (2.8% per year).
High Growth Revenue: PAL's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PAL's Return on Equity is forecast to be low in 3 years time (14.7%).
Next Steps
Past Performance
How has Palfinger performed over the past 5 years?
0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAL has high quality earnings.
Growing Profit Margin: PAL's current net profit margins (4.2%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: PAL's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: PAL's earnings growth over the past year (45.6%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: PAL earnings growth over the past year (45.6%) exceeded the Machinery industry 4.3%.
Return on Equity
High ROE: PAL's Return on Equity (15.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Palfinger's financial position?
Financial Position Analysis
Short Term Liabilities: PAL's short term assets (€753.6M) exceeds its short term liabilities (€482.0M)
Long Term Liabilities: PAL's short term assets (753.6M) exceeds its long term liabilities (574.6M)
Debt to Equity History and Analysis
Debt Level: PAL's debt to equity ratio (94.9%) is considered high
Reducing Debt: PAL's debt to equity ratio has increased from 81.8% to 94.9% over the past 5 years.
Debt Coverage: PAL's debt is well covered by operating cash flow (20.3%).
Interest Coverage: PAL's interest payments on its debt are well covered by EBIT (13.1x coverage).
Balance Sheet
Inventory Level: PAL has a high level of physical assets or inventory.
Debt Coverage by Assets: PAL's debt is covered by short term assets (assets are 1.3x debt).
Next Steps
Dividend
What is Palfinger's current dividend yield, its reliability and sustainability?
1.81%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PAL's dividend (1.81%) is higher than the bottom 25% of dividend payers in the Austrian market (1.69%).
High Dividend: PAL's dividend (1.81%) is low compared to the top 25% of dividend payers in the Austrian market (4.17%).
Stability and Growth of Payments
Stable Dividend: PAL's dividend payments have been volatile in the past 10 years.
Growing Dividend: PAL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.2%), PAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PAL's dividends in 3 years are forecast to be well covered by earnings (32.9% payout ratio).
Next Steps
Management
What is the CEO of Palfinger's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average management tenure
CEO
Andreas Klauser (54yo)
1.4yrs
Tenure
€874,898
Compensation
Mr. Andreas Klauser has been the Chief Executive Officer at Palfinger AG since June 1, 2018 and its Member of Management Board/Member of the Executive Board since 2018. Mr. Klauser serves as Brand Presiden ...
CEO Compensation Analysis
Compensation vs Market: Andreas's total compensation ($USD963.54K) is about average for companies of similar size in the Austrian market ($USD1.16M).
Compensation vs Earnings: Insufficient data to compare Andreas's compensation with company performance.
Management Age and Tenure
3.0yrs
Average Tenure
53yo
Average Age
Experienced Management: PAL's management team is considered experienced (3 years average tenure).
Board Age and Tenure
4.8yrs
Average Tenure
56yo
Average Age
Experienced Board: PAL's board of directors are considered experienced (4.8 years average tenure).
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
Wolfgang Pilz (60yo)
Consultant
- Tenure: 0yrs
Mafika Mkhwanazi
Executive Officer of Orlyfunt
- Tenure: 0yrs
Felix Strohbichler (45yo)
CFO & Member of the Management Board
- Tenure: 2.1yrs
- Compensation: €749.00k
Hannes Roither
Investor Relations Officer
- Tenure: 0yrs
Gerald Pschernig
Managing Director of Business Unit Cranes
- Tenure: 0yrs
Hans Friedrich
Head of Forest & Recycling Crane Division and Managing Director of Epsilon
- Tenure: 0yrs
Martin Zehnder (52yo)
COO, CTO & Member of the Executive Board
- Tenure: 11.8yrs
- Compensation: €869.00k
Andreas Klauser (54yo)
CEO & Member of Management Board
- Tenure: 1.4yrs
- Compensation: €874.90k
Lennart Brelin
President of Consolidated Americas Region
- Tenure: 3.3yrs
Michael Berger
Head of Corporate HR
- Tenure: 3yrs
Board Members
Hannes Bogner (60yo)
Member of the Supervisory Board
- Tenure: 2.7yrs
Erwin Asen (48yo)
Member of the Supervisory Board
- Tenure: 1.9yrs
Alois Weiss (57yo)
Member of the Supervisory Board
- Tenure: 13.8yrs
Hubert Palfinger (50yo)
Chairman of the Supervisory Board
- Tenure: 5.9yrs
Hannes Palfinger (46yo)
2nd Deputy Chairman of the Supervisory Board
- Tenure: 5.9yrs
Heinrich Kiener (63yo)
Member of the Supervisory Board
- Tenure: 8.7yrs
Johannes Kücher (56yo)
Member of the Supervisory Board
- Tenure: 4.8yrs
Gerhard Rauch (56yo)
1st Deputy Chairman of the Supervisory Board
- Tenure: 3.4yrs
Ellyn Cai (33yo)
Member of the Supervisory Board
- Tenure: 1.7yrs
Company Information
Palfinger AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Palfinger AG
- Ticker: PAL
- Exchange: WBAG
- Founded: 1932
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €1.062b
- Shares outstanding: 37.59m
- Website: https://www.palfinger.ag
Number of Employees
Location
- Palfinger AG
- Lamprechtshausener Bundesstrasse 8
- Bergheim
- Salzburg
- 5101
- Austria
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PLFR.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jun 1999 |
| PAL | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Jun 1999 |
| PFI | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jun 1999 |
| 0MJ1 | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jun 1999 |
| PALV | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jun 1999 |
| PLFR.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Apr 2005 |
Biography
Palfinger AG produces and sells lifting solutions worldwide. The company operates through two segments, LAND and SEA. The SEA segment offers marine cranes, offshore cranes, davits, boats, lifesaving equipm ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/12 20:33 |
| End of Day Share Price | 2019/11/12 00:00 |
| Earnings | 2019/09/30 |
| 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.