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Stabilus

WBAG:STA
Snowflake Description

Solid track record and good value.

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

Stabilus S.A., together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, the Asia/Pacific, and internationally. The last earnings update was 13 days ago. More info.


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  • Stabilus has significant price volatility in the past 3 months.
STA Share Price and Events
7 Day Returns
-1.8%
WBAG:STA
-4%
AT Machinery
0.9%
AT Market
1 Year Returns
-49.3%
WBAG:STA
-21.7%
AT Machinery
-8.7%
AT Market
STA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stabilus (STA) -1.8% -19.1% -17.7% -49.3% - -
AT Machinery -4% -18.1% -16% -21.7% -22.9% -25%
AT Market 0.9% -5.3% 2% -8.7% 42.7% 26.2%
1 Year Return vs Industry and Market
  • STA underperformed the Machinery industry which returned -21.7% over the past year.
  • STA underperformed the Market in Austria which returned -8.7% over the past year.
Price Volatility
STA
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Stabilus's competitors could be found in our database.

Value

 Is Stabilus 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 Stabilus 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 Stabilus.

WBAG:STA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
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:STA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AT Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.052 (1 + (1- 26.01%) (31.59%))
1.199
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.51% + (1.199 * 5.96%)
7.66%

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

The calculations below outline how an intrinsic value for Stabilus 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:STA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.66%)
2019 87.73 Analyst x3 81.49
2020 97.09 Analyst x8 83.77
2021 103.59 Analyst x8 83.02
2022 120.80 Analyst x1 89.93
2023 127.10 Analyst x1 87.89
2024 131.82 Est @ 3.71% 84.67
2025 135.45 Est @ 2.75% 80.81
2026 138.26 Est @ 2.08% 76.62
2027 140.49 Est @ 1.61% 72.32
2028 142.29 Est @ 1.28% 68.03
Present value of next 10 years cash flows €808.54
WBAG:STA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €142.29 × (1 + 0.51%) ÷ (7.66% – 0.51%)
€2,000.84
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €2,000.84 ÷ (1 + 7.66%)10
€956.68
WBAG:STA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €808.54 + €956.68
€1,765.22
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,765.22 / 24.70
€71.47
WBAG:STA Discount to Share Price
Calculation Result
Value per share (EUR) From above. €72.78
Current discount Discount to share price of €42.12
= -1 x (€42.12 - €72.78) / €72.78
42.1%

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

Current Discount
Amount off the current price Stabilus is available for.
Intrinsic value
42%
Share price is €42.12 vs Future cash flow value of €72.78
Current Discount Checks
For Stabilus to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Stabilus's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Stabilus's share price is below the future cash flow value, and 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 Stabilus's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stabilus's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WBAG:STA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €3.89
DB:STM Share Price ** DB (2019-05-17) in EUR €41.36
Europe Machinery Industry PE Ratio Median Figure of 187 Publicly-Listed Machinery Companies 16.02x
Austria Market PE Ratio Median Figure of 53 Publicly-Listed Companies 14.83x

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

** Primary Listing of Stabilus.

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

= DB:STM Share Price ÷ EPS (both in EUR)

= 41.36 ÷ 3.89

10.62x

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

  • Stabilus is good value based on earnings compared to the Europe Machinery industry average.
  • Stabilus is good value based on earnings compared to the Austria market.
Price based on expected Growth
Does Stabilus's expected growth come at a high price?
Raw Data
WBAG:STA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
8.4%per year
Europe Machinery Industry PEG Ratio Median Figure of 126 Publicly-Listed Machinery Companies 1.76x
Austria Market PEG Ratio Median Figure of 32 Publicly-Listed Companies 1.15x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.62x ÷ 8.4%

1.26x

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

  • Stabilus is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Stabilus's assets?
Raw Data
WBAG:STA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €18.14
DB:STM Share Price * DB (2019-05-17) in EUR €41.36
Austria Machinery Industry PB Ratio Median Figure of 6 Publicly-Listed Machinery Companies 1.66x
Austria Market PB Ratio Median Figure of 60 Publicly-Listed Companies 1.22x
WBAG:STA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:STM Share Price ÷ Book Value per Share (both in EUR)

= 41.36 ÷ 18.14

2.28x

* Primary Listing of Stabilus.

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

  • Stabilus is overvalued based on assets compared to the AT Machinery industry average.
X
Value checks
We assess Stabilus'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Stabilus 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 Stabilus expected to perform in the next 1 to 3 years based on estimates from 11 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
8.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stabilus expected to grow at an attractive rate?
  • Stabilus's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Stabilus's earnings growth is positive but not above the Austria market average.
  • Stabilus's revenue growth is expected to exceed the Austria market average.
Annual Growth Rates Comparison
Raw Data
WBAG:STA Future Growth Rates Data Sources
Data Point Source Value (per year)
WBAG:STA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 8.4%
WBAG:STA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 5.6%
Austria Machinery Industry Earnings Growth Rate Market Cap Weighted Average 19.5%
Europe Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4%
Austria Market Earnings Growth Rate Market Cap Weighted Average 9.3%
Austria Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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:STA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WBAG:STA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 1,190 2
2022-09-30 1,149 119 3
2021-09-30 1,068 162 103 10
2020-09-30 1,013 157 95 11
2019-09-30 954 140 85 5
WBAG:STA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 945 143 96
2018-12-31 957 145 101
2018-09-30 963 145 105
2018-06-30 953 135 83
2018-03-31 936 128 82
2017-12-31 930 130 71
2017-09-30 910 122 79
2017-06-30 896 124 81
2017-03-31 845 115 68
2016-12-31 781 118 64
2016-09-30 738 110 48
2016-06-30 689 111 51

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stabilus's earnings are expected to grow by 8.4% yearly, however this is not considered high growth (20% yearly).
  • Stabilus's revenue is expected to grow by 5.6% 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:STA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Stabilus Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:STA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 4.16 4.55 3.49 9.00
2020-09-30 3.83 4.27 3.15 10.00
2019-09-30 3.43 3.51 3.34 4.00
WBAG:STA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 3.89
2018-12-31 4.11
2018-09-30 4.27
2018-06-30 3.36
2018-03-31 3.33
2017-12-31 2.88
2017-09-30 3.21
2017-06-30 3.29
2017-03-31 2.87
2016-12-31 2.84
2016-09-30 2.21
2016-06-30 2.46

*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.
  • Stabilus is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Stabilus'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 Austria 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.
Stabilus has a total score of 2/6, 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 Stabilus 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 Stabilus's growth in the last year to its industry (Machinery).
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.
  • Stabilus has delivered over 20% year on year earnings growth in the past 5 years.
  • Stabilus's 1-year earnings growth is less than its 5-year average (16.8% vs 41.6%)
  • Stabilus's earnings growth has exceeded the Europe Machinery industry average in the past year (16.8% vs 13.1%).
Earnings and Revenue History
Stabilus'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 Stabilus Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:STA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 945.06 96.16 118.48 38.33
2018-12-31 956.96 101.42 119.32 40.08
2018-09-30 962.56 105.41 119.83 40.36
2018-06-30 952.66 83.02 122.22 39.96
2018-03-31 936.01 82.32 117.56 38.83
2017-12-31 929.89 71.18 116.24 37.99
2017-09-30 910.02 79.26 115.72 35.80
2017-06-30 895.61 81.02 113.10 34.27
2017-03-31 844.89 67.97 107.14 31.51
2016-12-31 780.89 64.24 96.59 28.10
2016-09-30 737.50 47.97 85.44 25.85
2016-06-30 689.25 50.88 75.11 26.13
2016-03-31 666.80 13.80 73.39 25.05
2015-12-31 643.42 22.81 72.98 23.69
2015-09-30 611.27 16.95 71.42 23.42
2015-06-30 584.22 12.57 66.62 21.74
2015-03-31 554.03 31.11 77.27 21.27
2014-12-31 526.31 15.60 73.12 20.54
2014-09-30 507.33 10.09 71.27 19.52
2014-06-30 496.09 3.92 74.10 18.31
2014-03-31 486.65 13.73 58.29 17.75
2013-12-31 471.15 -12.72 61.26 16.68
2013-09-30 460.10 -15.94 60.15 16.35
2013-06-30 447.40 -26.83 58.19 15.12
2012-09-30 443.49 8.34 55.42 12.69

*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.
  • Stabilus has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Stabilus used its assets more efficiently than the Europe Machinery industry average last year based on Return on Assets.
  • Stabilus has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Stabilus'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 Machinery 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.
Stabilus has a total score of 5/6, 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 Stabilus'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 Stabilus's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stabilus is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stabilus's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Stabilus'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 1.2x 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 Stabilus Company Filings, last reported 1 month ago.

WBAG:STA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 447.82 322.77 136.53
2018-12-31 446.62 321.45 154.28
2018-09-30 426.52 320.93 143.00
2018-06-30 392.67 324.90 115.85
2018-03-31 360.77 323.86 75.82
2017-12-31 352.27 324.68 80.35
2017-09-30 336.38 324.08 69.62
2017-06-30 324.56 374.40 95.34
2017-03-31 297.28 391.43 67.99
2016-12-31 286.90 393.81 69.70
2016-09-30 262.89 403.72 75.04
2016-06-30 100.05 566.61 61.45
2016-03-31 96.74 263.88 46.75
2015-12-31 88.30 266.23 34.45
2015-09-30 76.71 266.13 40.20
2015-06-30 69.13 267.10 26.87
2015-03-31 93.00 263.37 28.39
2014-12-31 76.58 258.47 23.03
2014-09-30 76.12 263.84 33.49
2014-06-30 71.28 258.11 28.26
2014-03-31 84.11 333.19 37.41
2013-12-31 86.01 326.69 11.23
2013-09-30 80.33 327.06 21.82
2013-06-30 82.97 307.76 13.42
2012-09-30 57.37 289.54 41.64
  • Stabilus's level of debt (72.1%) 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 (395.8% vs 72.1% today).
  • Debt is well covered by operating cash flow (44.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 13.6x coverage).
X
Financial health checks
We assess Stabilus'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. Stabilus has a total score of 4/6, 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.

Dividends

 What is Stabilus'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
2.42%
Current annual income from Stabilus dividends. Estimated to be 2.55% next year.
If you bought €2,000 of Stabilus shares you are expected to receive €48 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?
  • Stabilus's pays a higher dividend yield than the bottom 25% of dividend payers in Austria (1.44%).
  • Stabilus's dividend is below the markets top 25% of dividend payers in Austria (4.5%).
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:STA 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 11 Analyst Estimates (S&P Global) See Below
Europe Machinery Industry Average Dividend Yield Market Cap Weighted Average of 138 Stocks 3%
Austria Market Average Dividend Yield Market Cap Weighted Average of 50 Stocks 3.5%
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 4.5%

Industry and Market average data is calculated daily.

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

WBAG:STA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-09-30
2022-09-30 1.20 1.00
2021-09-30 1.14 10.00
2020-09-30 1.05 11.00
2019-09-30 0.96 9.00
WBAG:STA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-12-14 1.000 1.999
2017-12-15 0.800 1.094
2016-12-15 0.500 0.768
2016-08-12 0.000 0.000
2016-05-13 0.000 0.000
2016-02-17 0.000 0.000
2015-12-21 0.000 0.000
2014-12-15 3.920 12.369

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

  • Whilst dividend payments have been stable, Stabilus has been paying a dividend for less than 10 years.
  • Stabilus has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Stabilus's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.1x coverage).
X
Income/ dividend checks
We assess Stabilus's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Stabilus afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stabilus has a total score of 3/6, see the detailed checks below.


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

Management

 What is the CEO of Stabilus'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
Stephan Josef Kessel
AGE 64
TENURE AS CEO 0.8 years
CEO Bio

Dr. Stephan Josef Maria Kessel, Ph.D., has been Chairman of the Supervisory Board at Stabilus GmbH since 2018. He serves as Interim CEO & Member of Management Board at Stabilus S.A. since August 01, 2018. Dr. Kessel was Chairman of the Supervisory Board at Stabilus S.A. from February 14, 2018 until August 01, 2018. Dr. Kessel served as its Deputy Chairman of Supervisory Board at Stabilus GmbH. He served as an Executive Chairman of the Board at Stabilus GmbH since May 2008 and serves as its Executive Director. He served as its Interim Chief Executive Officer He serves as the Chairman of Armacell International; Samvardhana Motherson Reflectec Group Holdings Limited; and Novem Car Interior Design GmbH. Dr. Kessel serves as an Executive Chairman of Timepartner Holding. He serves as the Chairman of the Advisory Board of MX Mercury Holding and a Director of Schefenacker AG. He serves as the Chairman of the Board of Powertrain S.a.r.L. Dr. Kessel serves as Member of the Advisory Board at InvestCorp Bank B.S.C. He served as Deputy Chairman of Supervisory Board of Stabilus S.A. and has been its Member of Supervisory Board since 2014. He serves as Director of Eurodrip S.A.; R360 Environmental Solutions Company; Minimax Viking Holding; Martinrea Honsel Germany GmbH; and WEPA Industrieholding SE. He was an Operating Director of Paine & Partners, LLC since 2006. Dr. Kessel served as an Advisory Director of Investcorp Bank BSC, Private Equity since 2002. Dr. Kessel served as an Interim Chief Executive Officer of WireCo WorldGroup Inc. from April 2013 to July 7, 2013. In 2002, he joined Investcorp International Ltd. as an Advisory Director to the European corporate investment team. Dr. Kessel began his career in a research and development capacity at Continental AG. In 1997, he succeeded in leading the turnaround of Continental's truck tire business after 12 years of reported losses. He served as the Chief Executive Officer of Continental AG since 1999 until 2002, where he was responsible for the acquisition of the automotive electronics division of TEMIC, the creation of a JV with Yokohama Tires and the turnaround of Contental's ContiTrade division. Dr. Kessel served as a Member of the Executive Board at Continental AG since 1997. From 2008 to 2010, he served as Chairman of the Board of Operating Stabilus Group. He served as the Chairman on the Advisory Boards of Gerresheimer Glas, Minimax and Stahl. From 2007 to 2011, he served as Chairman on the boards of Etimex Holding. Dr. Kessel served as the Vice Chairman on the Board of Directors of Vulcan Holdings Luxembourg S.a.r.l. from 2005 to December 2005. He had been a Director of Samvardhana Motherson Reflectec Group Holdings Limited since April 2007. He served as a Director at WireCo WorldGroup Inc. since March 2011 until March 10, 2016. He served as Director Minimax GmbH & Co. KG, Minimax Viking GmbH and Minimax Holding Gmbh. Dr. Kessel holds Bachelor of Chemistry, Rheinisch Westfaeliche Technische Hochschule (RWTH) and Ph.D. in Science, Rheinisch Westfaeliche Technische Hochschule (RWTH).

CEO Compensation
  • Insufficient data for Stephan Josef to compare compensation growth.
  • Insufficient data for Stephan Josef to establish whether their remuneration is reasonable compared to companies of similar size in Austria.
Management Team Tenure

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

3.3
Average Tenure
49
Average Age
  • The tenure for the Stabilus management team is about average.
Management Team

Stephan Josef Kessel

TITLE
Interim CEO & Member of Management Board
AGE
64
TENURE
0.8 yrs

Mark Wilhelms

TITLE
CFO & Member of Management Board
AGE
58
TENURE
5.3 yrs

Andreas Schröder

TITLE
Group Financial Reporting Director & Member of Management Board
AGE
40
TENURE
5.3 yrs

Johannes Pink

TITLE
Vice President of Global Operations

Andreas Sievers

TITLE
Director of Group Accounting & Strategic Finance Projects and Member of Management Board
AGE
48
TENURE
3.3 yrs

Markus Schädlich

TITLE
Head of Asia/Pacific & Rest of World Region and Member of Management Board
AGE
49
TENURE
0.8 yrs

Martina Widmer

TITLE
Vice President of Global Human Resource

James Lee

TITLE
Country Head of Korea

Michael Hinck

TITLE
Country Head of Japan

Alex Tian

TITLE
Country Head of China
Board of Directors Tenure

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

2.4
Average Tenure
64
Average Age
  • The average tenure for the Stabilus board of directors is less than 3 years, this suggests a new board.
Board of Directors

Udo Gunter Stark

TITLE
Chairman of Supervisory Board
AGE
71
TENURE
0.8 yrs

Joachim Rauhut

TITLE
Member of Supervisory Board
AGE
64
TENURE
4 yrs

Ralf-Michael Fuchs

TITLE
Member of Supervisory Board
AGE
60
TENURE
3.6 yrs

Dirk Linzmeier

TITLE
Member of the Supervisory Board
TENURE
1.3 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 Stabilus'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. Stabilus 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

Company Info

Description

Stabilus S.A., together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe, NAFTA, the Asia/Pacific, and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives and CAD-configurators, as well as services and spare parts. Its products are used in automotive, furniture, swivel chair, medical and rehabilitation technology, transportation and traffic, RV and motorhome, agricultural and construction machinery, other commercial vehicle, and machine construction applications, as well as other applications, including leisure, house and building technology, sales and cooling counters, kiosks, and automotive overrun brakes. The company was formerly known as Servus HoldCo S.à r.l. and changed its name to Stabilus S.A. in May 2014. Stabilus S.A. was founded in 1934 and is based in Luxembourg City, Luxembourg.

Details
Name: Stabilus S.A.
STA
Exchange: WBAG
Founded: 1934
€1,021,592,000
24,700,000
Website: http://www.stabilus.com
Address: Stabilus S.A.
2, rue Albert Borschette,
Luxembourg City,
1246,
Luxembourg
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB STM Bearer Shares Deutsche Boerse AG DE EUR 23. May 2014
XTRA STM Bearer Shares XETRA Trading Platform DE EUR 23. May 2014
LSE 0QUL Bearer Shares London Stock Exchange GB EUR 23. May 2014
WBAG STA Bearer Shares Wiener Boerse AG AT EUR 23. May 2014
BMV STA N Bearer Shares Bolsa Mexicana de Valores MX MXN 23. May 2014
Number of employees
Current staff
Staff numbers
6,500
Stabilus employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 22:43
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/05/06
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


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.