PORR
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PORR AG operates as a construction company in Austria, Germany, Poland, the Czech Republic, Qatar, Italy, Romania, Bulgaria, Switzerland, Serbia, Great Britain, Slovakia, Norway, Croatia, and internationally. The last earnings update was 140 days ago. More info.
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POS Share Price and Events
7 Day Returns
1 Year Returns
POS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| PORR (POS) | 6.5% | 6.7% | 19.4% | -16.5% | -15% | -9.6% |
| Europe Construction | 1.5% | 1.6% | 13.3% | -2.3% | 12% | 11% |
| AT Market | 3.4% | 6% | 10.1% | -2% | 43.4% | 29.5% |
1 Year Return vs Industry and Market
- POS underperformed the Construction industry which returned -2.3% over the past year.
- POS underperformed the Market in Austria which returned -2% over the past year.
Value
Is PORR undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
PORR
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for PORR.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 3 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 10.4% |
| Perpetual Growth Rate | 10-Year AT Government Bond Rate | 0.5% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year AT Govt Bond Rate | 0.5% |
| Equity Risk Premium | S&P Global | 6.5% |
| Construction Unlevered Beta | Simply Wall St/ S&P Global | 1.04 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.035 (1 + (1- 25%) (94.23%)) |
1.514 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.51 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.51% + (1.514 * 6.51%) |
10.36% |
Discounted Cash Flow Calculation for WBAG:POS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for PORR is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 10.36%) |
|
|---|---|---|---|
| 2019 | 9.61 | Est @ -0.18% | 8.71 |
| 2020 | 39.80 | Analyst x1 | 32.68 |
| 2021 | 43.50 | Analyst x1 | 32.36 |
| 2022 | 104.10 | Analyst x2 | 70.17 |
| 2023 | 103.60 | Analyst x2 | 63.27 |
| 2024 | 103.62 | Est @ 0.02% | 57.35 |
| 2025 | 103.80 | Est @ 0.17% | 52.05 |
| 2026 | 104.08 | Est @ 0.27% | 47.29 |
| 2027 | 104.44 | Est @ 0.34% | 43.00 |
| 2028 | 104.85 | Est @ 0.39% | 39.11 |
| Present value of next 10 years cash flows | €445.97 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €104.85 × (1 + 0.51%) ÷ (10.36% – 0.51%) |
€1,069.48 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €1,069.48 ÷ (1 + 10.36%)10 |
€398.93 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €445.97 + €398.93 |
€844.91 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €844.91 / 28.88 |
€29.26 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €29.26 |
| Current discount | Discount to share price of
€22.95
= -1 x (€22.95 - €29.26) / €29.26 |
21.6% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- PORR's share price is below the future cash flow value, and at a moderate discount (> 20%).
- PORR's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for PORR's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
PORR's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in EUR | €2.14 |
| WBAG:POS Share Price ** | WBAG (2019-04-18) in EUR | €22.95 |
| Europe Construction Industry PE Ratio | Median Figure of 93 Publicly-Listed Construction Companies | 10.91x |
| Austria Market PE Ratio | Median Figure of 51 Publicly-Listed Companies | 14.73x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of PORR.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = WBAG:POS Share Price ÷ EPS (both in EUR) = 22.95 ÷ 2.14 |
10.72x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PORR is good value based on earnings compared to the Europe Construction industry average.
- PORR is good value based on earnings compared to the Austria market.
Price based on expected Growth
Does
PORR's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 10.72x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
15.7%per year |
| Europe Construction Industry PEG Ratio | Median Figure of 45 Publicly-Listed Construction Companies | 1.22x |
| Austria Market PEG Ratio | Median Figure of 32 Publicly-Listed Companies | 1.34x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 10.72x ÷ 15.7% |
0.68x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PORR is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
PORR's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in EUR | €18.28 |
| WBAG:POS Share Price * | WBAG (2019-04-18) in EUR | €22.95 |
| Europe Construction Industry PB Ratio | Median Figure of 130 Publicly-Listed Construction Companies | 1.2x |
| Austria Market PB Ratio | Median Figure of 59 Publicly-Listed Companies | 1.27x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = WBAG:POS Share Price ÷ Book Value per Share (both in EUR) = 22.95 ÷ 18.28 |
1.26x |
* Primary Listing of PORR.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PORR is overvalued based on assets compared to the Europe Construction industry average.
Value checks
We assess PORR's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check) PORR has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is PORR expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- PORR's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
- PORR's earnings growth is expected to exceed the Austria market average.
- PORR's revenue growth is expected to exceed the Austria market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| WBAG:POS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | 15.7% |
| WBAG:POS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 3.5% |
| Europe Construction Industry Earnings Growth Rate | Market Cap Weighted Average | 11.6% |
| Europe Construction Industry Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
| Austria Market Earnings Growth Rate | Market Cap Weighted Average | 9% |
| Austria Market Revenue Growth Rate | Market Cap Weighted Average | 2.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 5,770 | 1 | ||
| 2022-12-31 | 5,645 | 1 | ||
| 2021-12-31 | 5,518 | 1 | ||
| 2020-12-31 | 5,376 | 207 | 84 | 3 |
| 2019-12-31 | 5,162 | 196 | 76 | 3 |
| 2018-12-31 | 4,829 | 109 | 60 | 3 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 4,934 | 166 | 62 |
| 2018-06-30 | 4,756 | 142 | 63 |
| 2018-03-31 | 4,549 | 104 | 59 |
| 2017-12-31 | 4,305 | -16 | 60 |
| 2017-09-30 | 3,956 | -108 | 54 |
| 2017-06-30 | 3,685 | -96 | 50 |
| 2017-03-31 | 3,487 | -33 | 64 |
| 2016-12-31 | 3,422 | 56 | 64 |
| 2016-09-30 | 3,388 | 159 | 65 |
| 2016-06-30 | 3,331 | 258 | 63 |
| 2016-03-31 | 3,213 | 196 | 61 |
| 2015-12-31 | 3,143 | 193 | 58 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
All data from PORR Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | ||||
| 2020-12-31 | 2.89 | 3.69 | 2.43 | 3.00 |
| 2019-12-31 | 2.61 | 3.23 | 2.29 | 3.00 |
| 2018-12-31 | 2.06 | 2.14 | 1.97 | 2.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-09-30 | 2.14 |
| 2018-06-30 | 2.18 |
| 2018-03-31 | 2.04 |
| 2017-12-31 | 2.09 |
| 2017-09-30 | 1.89 |
| 2017-06-30 | 1.74 |
| 2017-03-31 | 2.21 |
| 2016-12-31 | 2.23 |
| 2016-09-30 | 2.26 |
| 2016-06-30 | 2.22 |
| 2016-03-31 | 2.15 |
| 2015-12-31 | 2.02 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess PORR's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
PORR has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has PORR performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- PORR's year on year earnings growth rate has been positive over the past 5 years.
- PORR's 1-year earnings growth exceeds its 5-year average (13.9% vs 11%)
- PORR's earnings growth has not exceeded the Europe Construction industry average in the past year (13.9% vs 15.5%).
Earnings and Revenue History
All data from PORR Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 4,933.86 | 62.03 | 1,208.92 | |
| 2018-06-30 | 4,756.47 | 62.84 | 1,171.77 | |
| 2018-03-31 | 4,549.33 | 58.75 | 1,128.46 | |
| 2017-12-31 | 4,305.01 | 60.49 | 1,083.35 | |
| 2017-09-30 | 3,955.71 | 54.47 | 985.83 | |
| 2017-06-30 | 3,684.63 | 50.38 | 950.28 | |
| 2017-03-31 | 3,487.50 | 63.88 | 917.97 | |
| 2016-12-31 | 3,421.61 | 63.88 | 900.32 | |
| 2016-09-30 | 3,388.48 | 64.65 | 893.49 | |
| 2016-06-30 | 3,331.00 | 63.43 | 872.25 | |
| 2016-03-31 | 3,212.53 | 61.16 | 847.38 | |
| 2015-12-31 | 3,143.04 | 57.71 | 827.96 | |
| 2015-09-30 | 3,048.23 | 56.87 | 807.68 | |
| 2015-06-30 | 2,994.91 | 54.21 | 793.16 | |
| 2015-03-31 | 3,001.18 | 51.63 | 783.73 | |
| 2014-12-31 | 3,014.35 | 44.42 | 774.60 | |
| 2014-09-30 | 2,999.44 | 56.36 | 767.29 | |
| 2014-06-30 | 2,948.51 | 49.75 | 748.19 | |
| 2014-03-31 | 2,664.82 | 28.86 | 686.91 | |
| 2013-12-31 | 2,638.03 | 46.35 | 686.72 | |
| 2013-09-30 | 2,504.87 | 6.90 | 662.54 | |
| 2013-06-30 | 2,353.23 | 12.00 | 649.74 | |
| 2013-03-31 | 2,336.13 | 11.82 | 648.01 | |
| 2012-12-31 | 2,319.04 | 11.65 | 646.27 | |
| 2012-09-30 | 2,272.58 | -29.60 | 632.13 | |
| 2012-06-30 | 2,226.13 | -70.85 | 618.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- PORR has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- PORR used its assets less efficiently than the Europe Construction industry average last year based on Return on Assets.
- It is difficult to establish if PORR improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess PORR's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
PORR has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is PORR's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up PORR's finances.
The net worth of a company is the difference between its assets and liabilities.
- PORR is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- PORR's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from PORR Company Filings, last reported 6 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 578.86 | 624.51 | 288.49 |
| 2018-06-30 | 558.83 | 535.90 | 228.50 |
| 2018-03-31 | 578.46 | 571.35 | 335.83 |
| 2017-12-31 | 597.04 | 506.14 | 422.76 |
| 2017-09-30 | 554.06 | 593.04 | 266.09 |
| 2017-06-30 | 537.12 | 518.60 | 249.06 |
| 2017-03-31 | 557.88 | 426.31 | 348.69 |
| 2016-12-31 | 440.87 | 423.12 | 519.49 |
| 2016-09-30 | 399.02 | 473.02 | 381.66 |
| 2016-06-30 | 382.49 | 460.11 | 420.57 |
| 2016-03-31 | 403.40 | 468.17 | 544.04 |
| 2015-12-31 | 412.12 | 487.67 | 729.46 |
| 2015-09-30 | 376.93 | 566.97 | 412.80 |
| 2015-06-30 | 369.97 | 382.59 | 209.76 |
| 2015-03-31 | 364.94 | 381.04 | 360.67 |
| 2014-12-31 | 385.17 | 401.07 | 563.74 |
| 2014-09-30 | 434.14 | 691.99 | 390.15 |
| 2014-06-30 | 448.61 | 720.77 | 431.84 |
| 2014-03-31 | 347.66 | 690.37 | 407.72 |
| 2013-12-31 | 347.66 | 690.37 | 407.72 |
| 2013-09-30 | |||
| 2013-06-30 | 319.64 | 715.08 | 147.87 |
| 2013-03-31 | 319.64 | 715.08 | 147.87 |
| 2012-12-31 | 322.55 | 696.91 | 178.34 |
| 2012-09-30 | 322.55 | 696.91 | 178.34 |
| 2012-06-30 | 299.44 | 855.71 | 167.13 |
- PORR's level of debt (107.9%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (210.5% vs 107.9% today).
- Debt is well covered by operating cash flow (26.6%, greater than 20% of total debt).
- Unable to confirm if the interest payments on PORR's debt are well covered by earnings due to lack of past financial data.
Financial health checks
We assess PORR's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) PORR has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is PORR's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
PORR
shares you are expected to receive
€96
in your first year as a dividend.
Dividend Amount
- PORR's pays a higher dividend yield than the bottom 25% of dividend payers in Austria (1.44%).
- PORR's dividend is above the markets top 25% of dividend payers in Austria (4.62%).
Upcoming dividend payment
Purchase PORR before the 'Buy Limit' to receive their next dividend payment.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 3 Analyst Estimates (S&P Global) | See Below |
| Europe Construction Industry Average Dividend Yield | Market Cap Weighted Average of 71 Stocks | 3.6% |
| Austria Market Average Dividend Yield | Market Cap Weighted Average of 49 Stocks | 3.4% |
| Austria Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Austria Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| Austria Top 25% Dividend Yield | 75th Percentile | 4.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | ||
| 2020-12-31 | 1.20 | 2.00 |
| 2019-12-31 | 1.13 | 2.00 |
| 2018-12-31 | 1.10 | 3.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-04-26 | 1.100 | 4.640 |
| 2017-04-25 | 1.100 | 3.984 |
| 2016-04-21 | 1.000 | 3.192 |
| 2015-06-03 | 0.750 | 2.908 |
| 2014-04-01 | 0.500 | 2.050 |
| 2013-04-26 | 0.156 | 1.282 |
| 2013-01-16 | 0.156 | 1.893 |
| 2012-09-03 | 0.000 | 0.000 |
| 2012-05-07 | 0.000 | 0.000 |
| 2011-05-11 | 0.069 | 0.453 |
| 2010-05-05 | 0.275 | 1.767 |
| 2009-04-20 | 0.275 | 1.707 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
PORR's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.9x coverage).
- Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
Income/ dividend checks
We assess PORR's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can PORR afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) PORR has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | €1,384,184 |
| AGE | 58 |
| TENURE AS CEO | 8.6 years |
CEO Bio
Mr. Karl-heinz Strauss, MBA, FRICS serves as Chief Executive Officer and Member of Management Board at Porr Bau GmbH. Mr. Strauss has been the Chief Executive Officer at Porr AG., since September 13, 2010 and its Chairman of the Executive Board since September 13, 2010. Until 2000, he worked in various positions at Raiffeisen Zentralbank - including in the construction and real estate divisions. He then founded Strauss & Partner Immobilien GmbH; one of its best known projects is the EURO PLAZA am Wienerberg. He has been Chairman of Supervisory Board at UBM Development AG since September 18, 2014 and Member of Supervisory Board of UBM Development AG since April 14, 2011. Mr. Strauss serves as the Chairman of the Supervisory Board and Member of the Supervisory Board at TEERAG-ASDAG Aktiengesellschaft and previously served as its Vice Chairman of Supervisory Board. He served as Vice Chairman of Supervisory Board at UBM Development AG from February 27, 2013 to September 18, 2014. He is a Graduate from Technical college of Civil Engineering and also Studied at Harvard University, the Management Business School in St. Gallen. Mr. Strauss holds MBA Degree from IMADEC University.
CEO Compensation
- Karl-Heinz's compensation has been consistent with company performance over the past year.
- Karl-Heinz's remuneration is higher than average for companies of similar size in Austria.
Management Team Tenure
Average tenure and age of the PORR management team in years:
- The average tenure for the PORR management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Karl-Heinz Strauss
Chairman of Group Executive Board & CEO
€1M
58
8.6 yrs
Hans Wenkenbach
COO & Member of Group Executive Board
€965K
61
7.2 yrs
Andreas Sauer
Member of Group Executive Board & CFO
50
1.2 yrs
Peter Kremnitzer
Head of Technology Department
Milena Ioveva
Head of Investor Relations & Strategy
Sandra Bauer
Head of Corporate Communications & Corporate Spokesperson
Christian Motz
MD of Business Unit 1 - Dach & Member of Executive Board
Josef Stekovics
MD of Business Unit 1 - Dach & Member of Executive Board
Josef Pein
MD of Business Unit 1 - Dach & Member of Executive Board
Franz Scheibenecker
Managing Director of Business Unit 2 - CEE/SEE
Board of Directors Tenure
Average tenure and age of the PORR board of directors in years:
- The tenure for the PORR board of directors is about average.
Board of Directors
Karl Pistotnik
Chairman of Supervisory Board
€31K
74
6.3 yrs
Klaus Ortner
Deputy Chairman of Supervisory Board
€26K
74
6.3 yrs
Peter Grandits
Member of the Supervisory Board
59
17.6 yrs
Thomas Winischhofer
Member of the Supervisory Board
€20K
48
10.9 yrs
Iris Ortner-Winischhofer
Member of the Supervisory Board
€20K
44
8.9 yrs
Michael Tomitz
Member of Supervisory Board
57
7.8 yrs
Michael Kaincz
Member of Supervisory Board
58
7.8 yrs
Walter Knirsch
Member of Supervisory Board
€20K
73
6.3 yrs
Bernhard Vanas
Member of Supervisory Board
€20K
64
6.3 yrs
Susanne Weiss
Member of Supervisory Board
€20K
57
6.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess PORR's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) PORR has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Does PORR AG's (VIE:POS) CEO Salary Reflect Performance?
This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Karl-Heinz Strauss's Compensation Compare With Similar Sized Companies. … We examined companies with market caps from €357m to €1.4b, and discovered that the median CEO total compensation of that group was €980k.
Simply Wall St - – Full articleWhat Kind Of Shareholder Owns Most PORR AG (VIE:POS) Stock?
If you want to know who really controls PORR AG (VIE:POS), then you'll have to look at the makeup of its share registry. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … Taking a look at our data on the ownership groups (below), it's seems that.
Simply Wall St - – Full articleAt €19.02, Is It Time To Put PORR AG (VIE:POS) On Your Watch List?
saw a double-digit share price rise of over 10% in the past couple of months on the WBAG. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … Today I will analyse the most recent data on PORR’s outlook and valuation to see if the opportunity still exists
Simply Wall St - – Full articleWhat You Must Know About PORR AG's (VIE:POS) Beta Value
In finance, Beta is a measure of volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Simply Wall St - – Full articleDid You Manage To Avoid PORR's 32% Share Price Drop?
Investors in PORR AG (VIE:POS) have tasted that bitter downside in the last year, as the share price dropped 32%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Even though the PORR share price is down over the year, its EPS actually improved.
Simply Wall St - – Full articleIs PORR AG's (VIE:POS) Balance Sheet A Threat To Its Future?
Help shape the future of investing tools and you could win a $250 gift card! … Investors are always looking for growth in small-cap stocks like PORR AG (VIE:POS), with a market cap of €541m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleA Spotlight On PORR AG's (VIE:POS) Fundamentals
Help shape the future of investing tools and receive a $60 prize! … I've been keeping an eye on PORR AG (VIE:POS) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe POS has a lot to offer.
Simply Wall St - – Full articleDo You Know What PORR AG's (VIE:POS) P/E Ratio Means?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … To keep it practical, we'll show how PORR AG's (VIE:POS) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs PORR AG's (VIE:POS) 11% Better Than Average?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … That means that for every €1 worth of shareholders' equity, it generated €0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleHow Does PORR AG (VIE:POS) Fare As A Dividend Stock?
Over the past 10 years PORR AG (VIE:POS) has been paying dividends to shareholders. … The company is currently worth €508m, and now yields roughly 6.3%. … Let's dig deeper into whether PORR should have a place in your portfolio.
Simply Wall St - – Full articleCompany Info
Description
PORR AG operates as a construction company in Austria, Germany, Poland, the Czech Republic, Qatar, Italy, Romania, Bulgaria, Switzerland, Serbia, Great Britain, Slovakia, Norway, Croatia, and internationally. The company offers building construction services for offices, apartments, industrial facilities/special structures, public buildings, hotels, shopping centers, health care facilities, stadiums, and revitalization. It also provides civil engineering and infrastructure construction services in the fields of rail, bridge, power plant, pipeline, road, and tunnel construction, as well as specialist civil, structural, and hydraulic engineering. In addition, the company develops, builds, and operates landfill sites, and waste treatment and sorting plants; and provides transportation and recycling services for demolition rubble and construction waste, as well as other services in the field of environmental engineering. Further, it provides design and engineering services comprising tender management, architectural, building physics consultancy, construction supervision and preparation, fire protection planning, building information modelling, general planning, structural engineering, sustainability, and M&E planning, as well as LEAN management, design, and construction services. Additionally, the company offers sealing, coating, concrete slab construction, facility management, facade and airport construction, alpine and high-rise construction, and property management services, as well as slab track systems; and produces asphalt. PORR AG was founded in 1869 and is headquartered in Vienna, Austria.
Details
| Name: | PORR AG |
| POS | |
| Exchange: | WBAG |
| Founded: | 1869 |
| €662,761,689 | |
| 28,878,505 | |
| Website: | http://www.porr-group.com |
| Address: |
PORR AG Absberggasse 47, Vienna, Vienna, 1100, Austria |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| WBAG | POS | Bearer Common Stock | Wiener Boerse AG | AT | EUR | 02. Jan 1992 | |
| DB | ABS2 | Bearer Common Stock | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| XTRA | ABS2 | Bearer Common Stock | XETRA Trading Platform | DE | EUR | 02. Jan 1992 | |
| LSE | 0J04 | Bearer Common Stock | London Stock Exchange | GB | EUR | 02. Jan 1992 | |
| BATS-CHIXE | POSV | Bearer Common Stock | BATS 'Chi-X Europe' | GB | EUR | 02. Jan 1992 |
Number of employees
Current staff
Industry
| Construction and Engineering | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/18 20:43 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/01 |
| Last earnings filing: | 2018/11/29 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
