WBAG:ROS

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Rosenbauer International

Executive Summary

Rosenbauer International AG engages in the production and sale of systems for firefighting and disaster protection.


Snowflake Analysis

Undervalued with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ROS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.6%

ROS

-3.5%

AT Machinery

1.6%

AT Market


1 Year Return

-24.4%

ROS

-9.6%

AT Machinery

-21.9%

AT Market

Return vs Industry: ROS underperformed the Austrian Machinery industry which returned -8.4% over the past year.

Return vs Market: ROS underperformed the Austrian Market which returned -21.9% over the past year.


Shareholder returns

ROSIndustryMarket
7 Day-0.6%-3.5%1.6%
30 Day2.8%-3.0%-0.03%
90 Day19.5%13.2%12.4%
1 Year-22.5%-24.4%-9.4%-9.6%-21.0%-21.9%
3 Year-40.5%-44.8%-39.5%-43.0%-15.0%-21.4%
5 Year-47.6%-53.7%-31.2%-38.7%20.1%5.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

27.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ROS (€32.5) is trading below our estimate of fair value (€44.84)

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


Price To Earnings Ratio

PE vs Industry: ROS is good value based on its PE Ratio (8.3x) compared to the Machinery industry average (15.5x).

PE vs Market: ROS is good value based on its PE Ratio (8.3x) compared to the Austrian market (10.8x).


Price to Earnings Growth Ratio

PEG Ratio: ROS is poor value based on its PEG Ratio (82.2x)


Price to Book Ratio

PB vs Industry: ROS is good value based on its PB Ratio (1x) compared to the AT Machinery industry average (1x).


Next Steps

Future Growth

How is Rosenbauer International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

0.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROS's forecast earnings growth (0.1% per year) is below the savings rate (0.5%).

Earnings vs Market: ROS's earnings (0.1% per year) are forecast to grow slower than the Austrian market (22.8% per year).

High Growth Earnings: ROS's earnings are forecast to grow, but not significantly.

Revenue vs Market: ROS's revenue (1.9% per year) is forecast to grow slower than the Austrian market (3.5% per year).

High Growth Revenue: ROS's revenue (1.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ROS's Return on Equity is forecast to be low in 3 years time (10.3%).


Next Steps

Past Performance

How has Rosenbauer International performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ROS has high quality earnings.

Growing Profit Margin: ROS's current net profit margins (2.5%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: ROS's earnings have declined by -1.3% per year over the past 5 years.

Accelerating Growth: ROS's earnings growth over the past year (6.1%) exceeds its 5-year average (-1.3% per year).

Earnings vs Industry: ROS earnings growth over the past year (6.1%) exceeded the Machinery industry -10.8%.


Return on Equity

High ROE: ROS's Return on Equity (14.1%) is considered low.


Next Steps

Financial Health

How is Rosenbauer International's financial position?


Financial Position Analysis

Short Term Liabilities: ROS's short term assets (€786.9M) exceed its short term liabilities (€468.9M).

Long Term Liabilities: ROS's short term assets (€786.9M) exceed its long term liabilities (€289.5M).


Debt to Equity History and Analysis

Debt Level: ROS's debt to equity ratio (156.4%) is considered high.

Reducing Debt: ROS's debt to equity ratio has increased from 145.9% to 156.4% over the past 5 years.

Debt Coverage: ROS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ROS's interest payments on its debt are well covered by EBIT (8.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Rosenbauer International current dividend yield, its reliability and sustainability?

2.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ROS's dividend (2.46%) is higher than the bottom 25% of dividend payers in the Austrian market (1.6%).

High Dividend: ROS's dividend (2.46%) is low compared to the top 25% of dividend payers in the Austrian market (5.18%).


Stability and Growth of Payments

Stable Dividend: ROS's dividend payments have been volatile in the past 10 years.

Growing Dividend: ROS's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.5%), ROS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ROS's dividends in 3 years are forecast to be well covered by earnings (26.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Dieter Siegel (56yo)

8.75yrs

Tenure

€785,600

Compensation

Mr. Dieter Siegel has been the Chief Executive Officer of Rosenbauer International AG since October 1, 2011 and serves as its Chairman of Management Board and has been Member of Management Board since Janu ...


CEO Compensation Analysis

Compensation vs Market: Dieter's total compensation ($USD884.78K) is about average for companies of similar size in the Austrian market ($USD884.09K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dieter Siegel
Chairman of Executive Board & CEO8.75yrs€785.60kno data
Andreas Zeller
Deputy Chairman of Executive Board & Chief Sales Officer3.17yrs€409.40kno data
Sebastian Wolf
CFO & Member of Executive Board2.83yrs€398.20kno data
Daniel Tomaschko
CTO & Member of Executive Board3.17yrs€406.20kno data
Tiemon Kiesenhofer
Head of Communication & IRno datano datano data
Harold Boer
Chief Executive Officer of Rosenbauer Americano datano datano data
Günter Kitzmüller
2.83yrs€677.30kno data

3.2yrs

Average Tenure

48yo

Average Age

Experienced Management: ROS's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christian Reisinger
Independent Chairman of Supervisory Board2.17yrs€69.80kno data
Rudolf Aichinger
Member of Supervisory Board17yrsno datano data
Alfred Greslehner
Member of Supervisory Board15.58yrsno datano data
Rainer Siegel
Deputy Chairman of Supervisory Board4.17yrs€69.80kno data
Bernhard Matzner
Independent Member of the Supervisory Board3.17yrs€51.90kno data
Martin Zehnder
Independent Member of the Supervisory Board2.17yrs€46.90kno data

3.7yrs

Average Tenure

59yo

Average Age

Experienced Board: ROS's board of directors are considered experienced (3.7 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

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


Key Information

  • Name: Rosenbauer International AG
  • Ticker: ROS
  • Exchange: WBAG
  • Founded: 1866
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: €221.000m
  • Shares outstanding: 6.80m
  • Website: https://www.rosenbauer.com

Number of Employees


Location

  • Rosenbauer International AG
  • Paschinger Strasse 90
  • Leonding
  • Upper Austria
  • 4060
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ROSWBAG (Wiener Boerse AG)YesOrdinary SharesATEUROct 1994
0FRWLSE (London Stock Exchange)YesOrdinary SharesGBEUROct 1994
ROIDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1994
ROSVBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEUROct 1994
ROIXTRA (XETRA Trading Platform)YesOrdinary SharesDEEUROct 1994
ROSSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFOct 1994

Biography

Rosenbauer International AG engages in the production and sale of systems for firefighting and disaster protection. It develops and produces vehicles, fire extinguishing systems, fire and safety equipment, and telematics solutions for professionals, industrials, and plants, as well as volunteer fire services and systems for preventive firefighting. The company offers municipal vehicles; aerial ladders, hydraulic platforms, and refurbishment vehicles; ARFF vehicles; customized body system industrial vehicles and dry powder fire trucks; forest firefighting, rescue, command, special vehicles, and swap body vehicles and roll-off containers; and intervention hose reels, light masts, compartment shutters, logic control systems, roll-on/roll-off containers, truck mounted generators, and stowage systems. It also provides firefighting helmets and gloves, protective clothing and boots, power generators, fans, submersible pumps, thermal imaging cameras, decontamination equipment, LED lighting systems, alarm and warning devices, electrical equipment, firefighting devices, extinguishing agents, fire station equipment, sanitary and rescue equipment, hoses, rescue operations equipment, couplings, fittings, proportioners, and respiratory and chemical protection equipment. In addition, the company offers firefighting systems comprising portable pumps, ultra-high pressure systems, extinguishing systems, truck-mounted pumps, foam proportioning systems, compressed air foam systems, nozzles and monitors, turrets, and engine-pump units; and stationary fire protection systems comprising indoor extinguishing systems, turret extinguishing systems, and tunnel extinguishing systems, and POLY extinguishing systems, as well as water, gas, and kitchen extinguishing systems. Further, it provides maintenance, customer service, and refurbishment through its service network in approximately 100 countries. The company was founded in 1866 and is headquartered in Leonding, Austria. Rosenbauer International AG is a subsidiary of Rosenbauer Beteiligungsverwaltung GmbH. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/01 20:56
End of Day Share Price2020/07/01 00:00
Earnings2020/03/31
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.