Loading...

Prysmian

WBAG:PRY
Snowflake Description

Reasonable growth potential average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PRY
WBAG
€5B
Market Cap
  1. Home
  2. AT
  3. Capital Goods
Company description

Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
PRY Share Price and Events
7 Day Returns
5.3%
WBAG:PRY
1.7%
Europe Electrical
2%
AT Market
1 Year Returns
-33.1%
WBAG:PRY
-9%
Europe Electrical
-8.6%
AT Market
PRY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Prysmian (PRY) 5.3% -8.4% 1.9% -33.1% - -
Europe Electrical 1.7% 2% 14.4% -9% 2.5% -42.2%
AT Market 2% 1% 10.1% -8.6% 39.2% 23.2%
1 Year Return vs Industry and Market
  • PRY underperformed the Electrical industry which returned -9% over the past year.
  • PRY underperformed the Market in Austria which returned -8.6% over the past year.
Price Volatility
PRY
Industry
5yr Volatility vs Market
Related Companies

PRY Value

 Is Prysmian 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 Prysmian 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Prysmian.

WBAG:PRY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.1%
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.

Calculation of Discount Rate/ Cost of Equity for WBAG:PRY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AT Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.139 (1 + (1- 24%) (72.05%))
1.511
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% + (1.511 * 9.02%)
14.14%

Discounted Cash Flow Calculation for WBAG:PRY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Prysmian 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.

WBAG:PRY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 14.14%)
2019 330.27 Analyst x5 289.34
2020 424.09 Analyst x7 325.50
2021 468.48 Analyst x5 315.02
2022 501.84 Est @ 7.12% 295.64
2023 527.62 Est @ 5.14% 272.31
2024 547.40 Est @ 3.75% 247.51
2025 562.60 Est @ 2.78% 222.86
2026 574.40 Est @ 2.1% 199.34
2027 583.71 Est @ 1.62% 177.47
2028 591.22 Est @ 1.29% 157.49
Present value of next 10 years cash flows €2,502.50
WBAG:PRY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €591.22 × (1 + 0.51%) ÷ (14.14% – 0.51%)
€4,358.68
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €4,358.68 ÷ (1 + 14.14%)10
€1,161.03
WBAG:PRY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €2,502.50 + €1,161.03
€3,663.53
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €3,663.53 / 263.05
€13.93
WBAG:PRY Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in WBAG:PRY represents 1.00087x of BIT:PRY
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00087x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 13.93 x 1.00087
€13.94
Value per share (EUR) From above. €13.94
Current discount Discount to share price of €17.21
= -1 x (€17.21 - €13.94) / €13.94
-23.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Prysmian is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Prysmian's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Prysmian's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WBAG:PRY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.53
BIT:PRY Share Price ** BIT (2019-03-21) in EUR €17.2
Europe Electrical Industry PE Ratio Median Figure of 51 Publicly-Listed Electrical Companies 18.77x
Austria Market PE Ratio Median Figure of 50 Publicly-Listed Companies 15.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Prysmian.

WBAG:PRY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:PRY Share Price ÷ EPS (both in EUR)

= 17.2 ÷ 0.53

32.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Prysmian is overvalued based on earnings compared to the Europe Electrical industry average.
  • Prysmian is overvalued based on earnings compared to the Austria market.
Price based on expected Growth
Does Prysmian's expected growth come at a high price?
Raw Data
WBAG:PRY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 32.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
28.9%per year
Europe Electrical Industry PEG Ratio Median Figure of 29 Publicly-Listed Electrical Companies 1.91x
Austria Market PEG Ratio Median Figure of 32 Publicly-Listed Companies 1.06x

*Line of best fit is calculated by linear regression .

WBAG:PRY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 32.44x ÷ 28.9%

1.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Prysmian is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Prysmian's assets?
Raw Data
WBAG:PRY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €8.54
BIT:PRY Share Price * BIT (2019-03-21) in EUR €17.2
Europe Electrical Industry PB Ratio Median Figure of 108 Publicly-Listed Electrical Companies 1.88x
Austria Market PB Ratio Median Figure of 59 Publicly-Listed Companies 1.2x
WBAG:PRY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:PRY Share Price ÷ Book Value per Share (both in EUR)

= 17.2 ÷ 8.54

2.01x

* Primary Listing of Prysmian.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Prysmian is overvalued based on assets compared to the Europe Electrical industry average.
X
Value checks
We assess Prysmian's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Prysmian has a total score of 0/6, 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.

PRY Future Performance

 How is Prysmian expected to perform in the next 1 to 3 years based on estimates from 12 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!
Annual Growth Rate
28.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Prysmian expected to grow at an attractive rate?
  • Prysmian's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Prysmian's earnings growth is expected to exceed the Austria market average.
  • Prysmian's revenue growth is expected to exceed the Austria market average.
Annual Growth Rates Comparison
Raw Data
WBAG:PRY Future Growth Rates Data Sources
Data Point Source Value (per year)
WBAG:PRY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 28.9%
WBAG:PRY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 5.4%
Europe Electrical Industry Earnings Growth Rate Market Cap Weighted Average 19.7%
Europe Electrical Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Austria Market Earnings Growth Rate Market Cap Weighted Average 8.6%
Austria Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*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
Raw Data
WBAG:PRY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WBAG:PRY Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 13,824 1
2022-12-31 12,955 557 2
2021-12-31 12,400 757 536 7
2020-12-31 12,091 716 465 12
2019-12-31 11,736 594 374 12
WBAG:PRY Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 10,297 462 130
2018-09-30 9,442 394 215
2018-06-30 8,403 666 196
2018-03-31 7,994 565 219
2017-12-31 7,967 607 227
2017-09-30 7,845 429 253
2017-06-30 7,796 499 244
2017-03-31 7,673 434 251
2016-12-31 7,631 615 246
2016-09-30 7,513 606 261
2016-06-30 7,456 625 249
2016-03-31 7,478 695 204

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Prysmian's earnings are expected to grow significantly at over 20% yearly.
  • Prysmian's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WBAG:PRY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Prysmian Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:PRY Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 2.05 2.20 1.93 4.00
2020-12-31 1.76 2.10 1.48 10.00
2019-12-31 1.45 1.69 1.07 9.00
WBAG:PRY Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.53
2018-09-30 0.92
2018-06-30 0.89
2018-03-31 1.02
2017-12-31 1.07
2017-09-30 1.19
2017-06-30 1.15
2017-03-31 1.17
2016-12-31 1.15
2016-09-30 1.22
2016-06-30 1.16
2016-03-31 0.95

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Prysmian is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Prysmian's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Prysmian has a total score of 4/6, 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.

PRY Past Performance

  How has Prysmian 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
Below we compare Prysmian's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Prysmian's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Prysmian's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Prysmian's 1-year earnings growth is negative, it can't be compared to the Europe Electrical industry average.
Earnings and Revenue History
Prysmian's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Prysmian Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:PRY Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 10,297.00 130.00 1,203.00
2018-09-30 9,442.00 215.00 1,174.00
2018-06-30 8,403.00 196.00 1,085.00
2018-03-31 7,994.00 219.00 1,064.00
2017-12-31 7,967.00 227.00 1,070.00
2017-09-30 7,845.00 253.00 1,065.00
2017-06-30 7,796.00 244.00 1,057.00
2017-03-31 7,673.00 251.00 1,044.00
2016-12-31 7,631.00 246.00 1,033.00
2016-09-30 7,513.00 261.00 1,018.00
2016-06-30 7,456.00 249.00 1,001.00
2016-03-31 7,478.00 204.00 994.00
2015-12-31 7,416.00 214.00 977.00
2015-09-30 7,436.00 120.00 952.00
2015-06-30 7,323.00 115.00 942.00
2015-03-31 7,022.00 149.00 917.00
2014-12-31 6,840.00 115.00 907.00
2014-09-30 6,712.00 177.00 910.00
2014-06-30 6,778.00 187.00 908.00
2014-03-31 6,897.00 158.00 913.00
2013-12-31 6,995.00 149.00 922.00
2013-09-30 7,227.00 129.00 939.00
2013-06-30 7,459.00 119.00 959.00
2013-03-31 7,678.00 122.00 980.00
2012-12-31 7,890.00 166.00 988.00
2012-09-30 7,942.00 164.00 989.00
2012-06-30 7,957.00 109.00 975.00
2012-03-31 8,006.00 -108.00 960.00

*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.
  • Prysmian has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Prysmian used its assets less efficiently than the Europe Electrical industry average last year based on Return on Assets.
  • Prysmian's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Prysmian's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Prysmian has a total score of 1/6, 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.

PRY Health

 How is Prysmian'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 Prysmian's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Prysmian is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Prysmian's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Prysmian's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x 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.
Raw Data

All data from Prysmian Company Filings, last reported 2 months ago.

WBAG:PRY Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,446.00 3,259.00 1,036.00
2018-09-30 2,496.00 3,295.00 390.00
2018-06-30 1,894.00 3,876.00 832.00
2018-03-31 1,908.00 1,576.00 915.00
2017-12-31 1,675.00 1,837.00 1,386.00
2017-09-30 1,623.00 1,762.00 699.00
2017-06-30 1,571.00 1,709.00 699.00
2017-03-31 1,706.00 1,695.00 682.00
2016-12-31 1,675.00 1,287.00 703.00
2016-09-30 1,558.00 1,410.00 383.00
2016-06-30 1,488.00 1,415.00 372.00
2016-03-31 1,434.00 1,385.00 334.00
2015-12-31 1,507.00 1,407.00 634.00
2015-09-30 1,204.00 1,309.00 325.00
2015-06-30 1,213.00 1,395.00 392.00
2015-03-31 1,286.00 1,456.00 386.00
2014-12-31 1,183.00 1,389.00 570.00
2014-09-30 1,249.00 1,691.00 384.00
2014-06-30 1,177.00 1,554.00 326.00
2014-03-31 1,189.00 1,569.00 412.00
2013-12-31 1,183.00 1,429.00 603.00
2013-09-30 1,189.00 1,672.00 401.00
2013-06-30 1,150.00 1,734.00 465.00
2013-03-31 1,235.00 1,698.00 463.00
2012-12-31 1,159.00 1,829.00 890.00
2012-09-30 1,174.00 1,921.00 456.00
2012-06-30 1,125.00 1,944.00 522.00
2012-03-31 1,138.00 1,892.00 602.00
  • Prysmian's level of debt (133.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (120.9% vs 133.2% today).
  • Debt is not well covered by operating cash flow (14.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.6x coverage).
X
Financial health checks
We assess Prysmian's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Prysmian has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

PRY Dividends

 What is Prysmian'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
Dividend payments
2.5%
Current annual income from Prysmian dividends. Estimated to be 3.09% next year.
If you bought €2,000 of Prysmian shares you are expected to receive €50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Prysmian's pays a higher dividend yield than the bottom 25% of dividend payers in Austria (1.46%).
  • Prysmian's dividend is below the markets top 25% of dividend payers in Austria (5.11%).
Upcoming dividend payment

Purchase Prysmian on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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.
Raw Data
WBAG:PRY Annualized Past and Future Dividends
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 12 Analyst Estimates (S&P Global) See Below
Europe Electrical Industry Average Dividend Yield Market Cap Weighted Average of 40 Stocks 3%
Austria Market Average Dividend Yield Market Cap Weighted Average of 49 Stocks 3.5%
Austria Minimum Threshold Dividend Yield 10th Percentile 0.9%
Austria Bottom 25% Dividend Yield 25th Percentile 1.5%
Austria Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

WBAG:PRY Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.62 6.00
2020-12-31 0.54 13.00
2019-12-31 0.47 12.00
WBAG:PRY Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-05 0.430 2.541
2018-04-23 0.430 2.170
2017-03-01 0.430 1.617
2016-02-24 0.420 1.929
2015-03-17 0.420 2.161
2015-02-25 0.420 2.344
2014-04-07 0.420 2.693
2014-02-25 0.420 2.298
2013-02-27 0.420 2.468
2012-08-07 0.210 1.434
2012-04-24 0.210 1.770
2011-03-16 0.166 1.374
2011-03-03 0.166 1.115
2010-03-03 0.417 3.116
2010-01-04 0.417 3.218
2009-03-23 0.417 3.818

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 Prysmian's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.5x coverage).
X
Income/ dividend checks
We assess Prysmian's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Prysmian afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Prysmian has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PRY Management

 What is the CEO of Prysmian's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Valerio Battista
COMPENSATION €1,326,162
AGE 61
CEO Bio

Mr. Valerio Battista serves as the Chief Executive Officer and General Manager of Prysmian S.p.A. (also known as Prysmian Cables and Systems). Mr. Battista has been an Executive Director of Prysmian S.p.A. since December 2005. He served as the Managing Director and General Director of Prysmian S.p.A. He served as the Chief Executive Officer and General Manager of Prysmian Group. He is a manager with extensive knowledge and understanding of the industrial sector after more than 20 years of experience, initially with the Pirelli Group and then with the Prysmian Group, which he has headed since 2005. He served as General Manager of Cables and Systems Sector of Pirelli & C. SPA until December 2005 and also served as its General Manager/Chief Executive Officer of Energy Cables and Systems Unit since February 2002. He held positions of increasing responsibility within the Pirelli Group, including for the restructuring and reorganisation of Pirelli Cavi, transformed between 2002 and 2004 into one of the most profitable and competitive organisations in its industry. In 2005 he played a key role in the creation of Prysmian Group, leading to its stock flotation in 2007. He served as Chief Executive Officer of the Telecom Cables and Systems unit at Pirelli since December 2004. Mr. Battista joined UnoAErre in 1983 as Head of its Technical Office and then developed his career within the Pirelli Group. In September 1987 he joined the Operations Department in the Steel Cord division of Pirelli & C. spa Group in Figline Valdarno. In 1997 he became a Director of the Steel Cord division of Pirelli Tyre Division where he then became Purchasing Director in 2001. Early in 2002, he started to work with Pirelli Cables and Systems as Director of the Energy Cable Division, to which he also added management of the Telecommunications Cable Division two years later. Mr. Battista served as Vice Chairman and Director of Turk Prysmian Kablo Ve Sistemleri A.S. since March 28, 2002. He serves as a Director of Prysmian Group. He has been Lead Independent Director at Brembo S.p.A. since April 26, 2017. He served as Director at Prysmian S.p.A. since March 28, 2002. He served as a Director of Whirlpool EMEA S.p.A. He graduated in Mechanical Engineering from the Florence University in 1981.

CEO Compensation
  • Valerio's compensation has been consistent with company performance over the past year.
  • Insufficient data for Valerio to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure and age of the Prysmian management team in years:

5.8
Average Tenure
55.5
Average Age
  • The average tenure for the Prysmian management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Valerio Battista

TITLE
CEO, GM & Executive Director
COMPENSATION
€1M
AGE
61

Pier Facchini

TITLE
CFO & Executive Director
COMPENSATION
€634K
AGE
51
TENURE
12.2 yrs

Fabio Romeo

TITLE
Chief Strategy Officer
COMPENSATION
€828K
AGE
63

Massimo Battaini

TITLE
Senior VP of Energy Projects & Executive Director
COMPENSATION
€778K
AGE
57
TENURE
5.2 yrs

Andrea Pirondini

TITLE
Chief Operating Officer
AGE
53
TENURE
5.2 yrs

Maria Bifulco

TITLE
Investor Relations Director

Carlo Soprano

TITLE
Head of Financial Statements & Compliance

Lorenzo Caruso

TITLE
Corporate & Business Communications Director

Stefano Bulletti

TITLE
Head of Operations and Head of Manufacturing & Logistics Departments
COMPENSATION
€77K
TENURE
14.2 yrs

Philippe Vanhille

TITLE
Senior Vice President of Telecom Business
AGE
54
TENURE
5.8 yrs
Board of Directors Tenure

Average tenure and age of the Prysmian board of directors in years:

6.9
Average Tenure
56.5
Average Age
  • The tenure for the Prysmian board of directors is about average.
Board of Directors

Massimo Tononi

TITLE
Chairman
COMPENSATION
€117K
AGE
54
TENURE
6.9 yrs

Valerio Battista

TITLE
CEO, GM & Executive Director
COMPENSATION
€1M
AGE
61
TENURE
13.3 yrs

Pier Facchini

TITLE
CFO & Executive Director
COMPENSATION
€634K
AGE
51
TENURE
12.1 yrs

Fabio Romeo

TITLE
Chief Strategy Officer
COMPENSATION
€828K
AGE
63
TENURE
12.1 yrs

Massimo Battaini

TITLE
Senior VP of Energy Projects & Executive Director
COMPENSATION
€778K
AGE
57
TENURE
5.1 yrs

Claudio De Conto

TITLE
Independent Non-Executive Director
COMPENSATION
€87K
AGE
56
TENURE
8.7 yrs

Pellegrino Libroia

TITLE
Chairman of the Statutory Auditors
COMPENSATION
€75K
AGE
72
TENURE
5.9 yrs

Monica de Virgiliis

TITLE
Independent Non-Executive Director
COMPENSATION
€33K
AGE
51
TENURE
3.9 yrs

Maria Elena Bruna Cappello

TITLE
Independent Non-Executive Director
COMPENSATION
€47K
AGE
50
TENURE
6.9 yrs

Maria Mariani

TITLE
Independent Non-Executive Director
COMPENSATION
€47K
AGE
58
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Prysmian's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Prysmian 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.

PRY News

Simply Wall St News

PRY Company Info

Description

Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The company’s Energy Projects segment engineers, manufactures, and installs high voltage cables for underground and submarine power transmission; and provides solutions from project management to cable installation, for submarine cables between offshore wind farms and the mainland, used for generation and distribution. Its Energy Products segment manufactures medium voltage cables and systems to connect industrial and residential buildings to primary distribution grids; low voltage products for power distribution and the wiring of buildings; cable systems for various industrial applications, such as trains, aircraft, ships, port systems, cranes, mines, nuclear industry, defense, electro-medical sector, and renewable energy; connectorised and hoistway cables for elevator markets; network accessories and components to connect cables and other network elements. The company’s Oil & Gas segment offers products for oil, geothermal, and gas wells, including tubing encapsulated, specialty tubing, and specialty optical fiber sensing cables; and cables for electrical submersible pumps and preassembled systems to power vertical traction installations. This segment also offers subsea umbilical, riser, and flowline products and services, such as multipurpose umbilical cables for transporting power, data and communications, fluids, and chemicals; and flexible pipes for offshore oil extraction, accessories, and installation and maintenance services. Its Telecom segment manufactures cable systems and connectivity products comprising optical fiber, optical cables, connectivity components and accessories, optical ground wires, and copper cables used in telecommunication networks. Prysmian S.p.A. is headquartered in Milan, Italy.

Details
Name: Prysmian S.p.A.
PRY
Exchange: WBAG
Founded:
€4,523,093,732
263,047,033
Website: http://www.prysmiangroup.com
Address: Prysmian S.p.A.
Via Chiese 6,
Milan,
Milan, 20126,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT PRY Ordinary Shares Borsa Italiana IT EUR 03. May 2007
OTCPK PRYM.F Ordinary Shares Pink Sheets LLC US USD 03. May 2007
DB AEU Ordinary Shares Deutsche Boerse AG DE EUR 03. May 2007
LSE 0NUX Ordinary Shares London Stock Exchange GB EUR 03. May 2007
WBAG PRY Ordinary Shares Wiener Boerse AG AT EUR 03. May 2007
BMV PRY N Ordinary Shares Bolsa Mexicana de Valores MX MXN 03. May 2007
BATS-CHIXE PRYM Ordinary Shares BATS 'Chi-X Europe' GB EUR 03. May 2007
OTCPK PRYM.Y ADR Pink Sheets LLC US USD 27. Oct 2008
Number of employees
Current staff
Staff numbers
29,000
Prysmian employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 22:37
End of day share price update: 2019/03/21 00:00
Last estimates confirmation: 2019/03/19
Last earnings filing: 2019/03/05
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.