WBAG:POS

Stock Analysis Report

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Executive Summary

PORR AG operates as a construction company in Austria, Switzerland, the Czech Republic, Germany, Poland, Qatar, Italy, Romania, Bulgaria, Serbia, the United Kingdom, Slovakia, Norway, Croatia, the United Arab Emirates, and internationally. More Details


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has PORR's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: POS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.8%

POS

-0.3%

AT Construction

-0.2%

AT Market


1 Year Return

-46.0%

POS

-21.5%

AT Construction

-24.4%

AT Market

Return vs Industry: POS underperformed the Austrian Construction industry which returned -21.5% over the past year.

Return vs Market: POS underperformed the Austrian Market which returned -24.4% over the past year.


Shareholder returns

POSIndustryMarket
7 Day-4.8%-0.3%-0.2%
30 Day1.9%1.3%3.6%
90 Day-19.9%-5.2%-1.4%
1 Year-46.0%-46.0%-19.1%-21.5%-22.6%-24.4%
3 Year-52.2%-56.3%-11.9%-20.3%-19.9%-26.9%
5 Year-43.6%-53.1%7.5%-8.8%21.2%4.7%

Price Volatility Vs. Market

How volatile is PORR's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: POS (€11.62) is trading below our estimate of fair value (€24.61)

Significantly Below Fair Value: POS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: POS is unprofitable, so we can't compare its PE Ratio to the XE Construction industry average.

PE vs Market: POS is unprofitable, so we can't compare its PE Ratio to the Austrian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate POS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: POS is good value based on its PB Ratio (0.5x) compared to the XE Construction industry average (1x).


Next Steps

Future Growth

How is PORR forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

78.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: POS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: POS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: POS's is expected to become profitable in the next 3 years.

Revenue vs Market: POS's revenue (4.1% per year) is forecast to grow slower than the Austrian market (4.8% per year).

High Growth Revenue: POS's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: POS's Return on Equity is forecast to be low in 3 years time (8.8%).


Next Steps

Past Performance

How has PORR performed over the past 5 years?

-19.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POS is currently unprofitable.

Growing Profit Margin: POS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: POS is unprofitable, and losses have increased over the past 5 years at a rate of 19.9% per year.

Accelerating Growth: Unable to compare POS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: POS is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (2.1%).


Return on Equity

High ROE: POS has a negative Return on Equity (-0.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is PORR's financial position?


Financial Position Analysis

Short Term Liabilities: POS's short term assets (€2.3B) exceed its short term liabilities (€2.0B).

Long Term Liabilities: POS's short term assets (€2.3B) exceed its long term liabilities (€971.8M).


Debt to Equity History and Analysis

Debt Level: POS's debt to equity ratio (83.8%) is considered high.

Reducing Debt: POS's debt to equity ratio has reduced from 85.4% to 83.8% over the past 5 years.

Debt Coverage: POS's debt is well covered by operating cash flow (73.5%).

Interest Coverage: Insufficient data to determine if POS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is PORR current dividend yield, its reliability and sustainability?

5.47%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate POS'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 POS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if POS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: POS is not paying a notable dividend for the Austrian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of POS'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?

2.7yrs

Average management tenure


CEO

Karl-Heinz Strauss (60 yo)

10.08yrs

Tenure

€1,096,684

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: Karl-Heinz's total compensation ($USD1.30M) is about average for companies of similar size in the Austrian market ($USD1.11M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Karl-Heinz Strauss
Chairman of Group Executive Board & CEO10.08yrs€1.10mno data
Andreas Sauer
Member of Group Executive Board & CFO2.67yrs€745.00kno data
Thomas Stiegler
COO & Member of Executive Board1.83yrs€745.00kno data
Josef Pein
Member of Executive Board & COOno datano datano data
Peter Kremnitzer
Head of Technology Departmentno datano datano data
Milena Ioveva
Head of Investor Relations & Strategyno datano datano data
Sandra Bauer
Head of Corporate Communications & Corporate Spokespersonno datano datano data
Christian Motz
MD of Business Unit 1 - Dachno datano datano data
Josef Stekovics
MD of Business Unit 1 - Dachno datano datano data
Franz Scheibenecker
Managing Director of Business Unit 2 - CEE/SEEno datano datano data
Alfred Sebl-Litzlbauer
MD of Business Unit 4 - Infrastructureno datano datano data
DI Wetschnig
Managing Director of Business Unit 4 - Infrastructureno datano datano data

2.7yrs

Average Tenure

55yo

Average Age

Experienced Management: POS's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Klaus Ortner
Deputy Chairman of Supervisory Board7.83yrs€45.00kno data
Susanne Weiss
Independent Member of Supervisory Board7.83yrs€35.50kno data
Thomas Winischhofer
Member of the Supervisory Board12.42yrs€36.50kno data
Iris Ortner-Winischhofer
Member of the Supervisory Board10.42yrs€36.50kno data
Michael Tomitz
Member of Supervisory Board9.33yrsno datano data
Michael Kaincz
Member of Supervisory Board9.33yrsno datano data
Karl Pistotnik
Independent Chairman of Supervisory Board7.83yrs€56.50kno data
Walter Knirsch
Independent Member of Supervisory Board7.83yrs€35.50kno data
Bernhard Vanas
Independent Member of Supervisory Board7.83yrs€36.50kno data
Robert Grüneis
Independent Member of Supervisory Board6.42yrs€36.50kno data
Gottfried Hatzenbichler
Member of Supervisory Board3.33yrsno datano data
Wolfgang Ringhofer
Member of Supervisory Board3.33yrsno datano data

7.8yrs

Average Tenure

59yo

Average Age

Experienced Board: POS's board of directors are considered experienced (7.8 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

PORR AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PORR AG
  • Ticker: POS
  • Exchange: WBAG
  • Founded: 1869
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €335.568m
  • Shares outstanding: 28.88m
  • Website: https://www.porr-group.com

Number of Employees


Location

  • PORR AG
  • Absberggasse 47
  • Vienna
  • Vienna
  • 1100
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
POSWBAG (Wiener Boerse AG)YesBearer Common StockATEURJan 1992
ABS2DB (Deutsche Boerse AG)YesBearer Common StockDEEURJan 1992
0J04LSE (London Stock Exchange)YesBearer Common StockGBEURJan 1992
POSVBATS-CHIXE (BATS 'Chi-X Europe')YesBearer Common StockGBEURJan 1992
ABS2XTRA (XETRA Trading Platform)YesBearer Common StockDEEURJan 1992

Biography

PORR AG operates as a construction company in Austria, Switzerland, the Czech Republic, Germany, Poland, Qatar, Italy, Romania, Bulgaria, Serbia, the United Kingdom, Slovakia, Norway, Croatia, the United A ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 21:27
End of Day Share Price2020/10/23 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.