Palfinger AG produces and sells lifting solutions worldwide.
Undervalued with solid track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PAL underperformed the Austrian Machinery industry which returned -8.3% over the past year.
Return vs Market: PAL underperformed the Austrian Market which returned -21.4% over the past year.
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
2 weeks ago | Simply Wall StThe Attractive Combination That Could Earn Palfinger AG (VIE:PAL) A Place In Your Dividend Portfolio
2 months ago | Simply Wall StPalfinger AG (VIE:PAL) Analysts Just Cut Their EPS Forecasts Substantially
3 months ago | Simply Wall StHow Good Is Palfinger AG (VIE:PAL) At Creating Shareholder Value?
Is Palfinger undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PAL (€20.3) is trading below our estimate of fair value (€31.88)
Significantly Below Fair Value: PAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PAL is good value based on its PE Ratio (10.3x) compared to the Machinery industry average (15.6x).
PE vs Market: PAL is good value based on its PE Ratio (10.3x) compared to the Austrian market (11x).
Price to Earnings Growth Ratio
PEG Ratio: PAL is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: PAL is overvalued based on its PB Ratio (1.3x) compared to the AT Machinery industry average (1x).
How is Palfinger forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PAL's forecast earnings growth (47.4% per year) is above the savings rate (0.5%).
Earnings vs Market: PAL's earnings (47.4% per year) are forecast to grow faster than the Austrian market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PAL's revenue (5.4% per year) is forecast to grow faster than the Austrian market (3.4% per year).
High Growth Revenue: PAL's revenue (5.4% 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 (9.3%).
How has Palfinger performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PAL has high quality earnings.
Growing Profit Margin: PAL's current net profit margins (4.4%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: PAL's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: PAL's earnings growth over the past year (21.5%) exceeds its 5-year average (2.8% per year).
Earnings vs Industry: PAL earnings growth over the past year (21.5%) exceeded the Machinery industry -10.8%.
Return on Equity
High ROE: PAL's Return on Equity (14.7%) is considered low.
How is Palfinger's financial position?
Financial Position Analysis
Short Term Liabilities: PAL's short term assets (€727.0M) exceed its short term liabilities (€403.5M).
Long Term Liabilities: PAL's short term assets (€727.0M) exceed its long term liabilities (€609.0M).
Debt to Equity History and Analysis
Debt Level: PAL's debt to equity ratio (84.6%) is considered high.
Reducing Debt: PAL's debt to equity ratio has reduced from 89.4% to 84.6% over the past 5 years.
Debt Coverage: PAL's debt is well covered by operating cash flow (29.3%).
Interest Coverage: PAL's interest payments on its debt are well covered by EBIT (7.7x coverage).
What is Palfinger current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PAL's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Austrian market (1.61%).
High Dividend: PAL's dividend (3.5%) is low compared to the top 25% of dividend payers in the Austrian market (5.14%).
Stability and Growth of Payments
Stable Dividend: PAL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PAL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), 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 (33.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andreas Klauser (55yo)
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 and also serves as its Chairman of Ma ...
CEO Compensation Analysis
Compensation vs Market: Andreas's total compensation ($USD1.42M) is about average for companies of similar size in the Austrian market ($USD1.23M).
Compensation vs Earnings: Andreas's compensation has increased by more than 20% in the past year.
|CEO & Chairman of the Executive Board||2.08yrs||€1.26m||no data|
|CFO & Member of the Executive Board||2.75yrs||€767.00k||no data|
|COO, CTO & Member of the Executive Board||12.5yrs||€889.00k||no data|
|Investor Relations Officer||no data||no data||no data|
|Managing Director of Business Unit Cranes||no data||no data||no data|
|Head of Forest & Recycling Crane Division and Managing Director of Epsilon||no data||no data||no data|
|Head of Corporate HR||3.67yrs||no data||no data|
|President of Consolidated Americas Region||3.92yrs||no data||no data|
|Executive Officer of Orlyfunt||no data||no data||no data|
|Consultant||no data||no data||no data|
Experienced Management: PAL's management team is considered experienced (3.7 years average tenure).
|Member of the Supervisory Board||3.33yrs||no data||no data|
|Works Council Delegated Member of the Supervisory Board||2.58yrs||no data||no data|
|Works Council Delegated Member of the Supervisory Board||14.42yrs||no data||no data|
|Chairman of the Supervisory Board||6.58yrs||no data||56.6% €431.9m|
|2nd Deputy Chairman of the Supervisory Board||6.58yrs||no data||no data|
|Member of the Supervisory Board||9.33yrs||no data||no data|
|Works Council Delegated Member of the Supervisory Board||5.42yrs||no data||no data|
|1st Deputy Chairman of the Supervisory Board||4.08yrs||no data||no data|
|Member of the Supervisory Board||2.33yrs||no data||no data|
Experienced Board: PAL's board of directors are considered experienced (5.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Palfinger AG's company bio, employee growth, exchange listings and data sources
- Name: Palfinger AG
- Ticker: PAL
- Exchange: WBAG
- Founded: 1932
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €763.143m
- Shares outstanding: 37.59m
- Website: https://www.palfinger.ag
Number of Employees
- Palfinger AG
- Lamprechtshausener Bundesstrasse 8
|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|
Palfinger AG produces and sells lifting solutions worldwide. The company operates through Sales & Service LAND, Operations LAND, and SEA segments. It offers loader cranes, timber and recycling cranes, access platforms, hook and skiploaders, railway systems, bridge inspection units, tail lifts, passenger lifts, truck mounted forklifts, crawler cranes, marine cranes, winches and offshore equipment, offshore cranes, davit systems, boats, wind cranes, mobile cranes, knuckle boom cranes, telescopic cranes, stiff boom cranes, lifesaving equipment, rope access products, and factory mounted solutions, as well as related services. The company also provides contract manufacturing services, including steel construction, cylinder production, chrome and nickel chrome plating, KTL cathotic dip coating and spray painting, and assembly and pre-assembly of subsystems or assemblies; and spare parts, training, project engineering, and customer services. It serves various industries, such as construction, cruise, infrastructure, maintenance, marine, mining, navy and coast guard, offshore, oil and gas, railway, recycling and waste management, rental, shipping, forestry and agriculture, transport and logistics, and wind energy, as well as local authorities. The company provides its products and services through a network of approximately 5,000 sales and service outlets in 130 countries; and 200 independent general importers. Palfinger AG was founded in 1932 and is headquartered in Bergheim, Austria. Palfinger AG is a subsidiary of The Palfinger Family.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 20:49|
|End of Day Share Price||2020/07/03 00:00|
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.