Strabag
Market Cap
€2.8b
Last Updated
2020/06/05 22:09 UTC
Data Sources
Company Financials +
Executive Summary
Strabag SE, together with its subsidiaries, operates as a construction company in Austria and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Strabag's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0.4%
STR
7.6%
AT Construction
7.8%
AT Market
1 Year Return
-8.8%
STR
-1.8%
AT Construction
-13.9%
AT Market
Return vs Industry: STR underperformed the Austrian Construction industry which returned -2.2% over the past year.
Return vs Market: STR exceeded the Austrian Market which returned -15.6% over the past year.
Shareholder returns
| STR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | 7.6% | 7.8% |
| 30 Day | 6.1% | 17.0% | 9.5% |
| 90 Day | -3.9% | 0.2% | -3.5% |
| 1 Year | -4.9%-8.8% | 0.2%-1.8% | -12.9%-13.9% |
| 3 Year | -20.8%-28.7% | -1.6%-10.1% | -10.0%-16.8% |
| 5 Year | 48.6%27.4% | 29.6%8.3% | 23.6%8.0% |
Price Volatility Vs. Market
How volatile is Strabag's share price compared to the market and industry in the last 5 years?
Simply Wall St News
17 hours ago | Simply Wall St
We Wouldn't Rely On Strabag's (VIE:STR) Statutory Earnings As A Guide3 weeks ago | Simply Wall St
Could The Strabag SE (VIE:STR) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
Why Strabag SE (VIE:STR) Is A Dividend RockstarValuation
Is Strabag undervalued compared to its fair value and its price relative to the market?
7.45x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: STR (€27) is trading above our estimate of fair value (€22.8)
Significantly Below Fair Value: STR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: STR is good value based on its PE Ratio (7.5x) compared to the Construction industry average (11x).
PE vs Market: STR is good value based on its PE Ratio (7.5x) compared to the Austrian market (10.8x).
Price to Earnings Growth Ratio
PEG Ratio: STR is poor value based on its PEG Ratio (9.1x)
Price to Book Ratio
PB vs Industry: STR is good value based on its PB Ratio (0.7x) compared to the XE Construction industry average (1.1x).
Next Steps
Future Growth
How is Strabag forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
0.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STR's forecast earnings growth (0.8% per year) is above the savings rate (0.5%).
Earnings vs Market: STR's earnings (0.8% per year) are forecast to grow slower than the Austrian market (20.9% per year).
High Growth Earnings: STR's earnings are forecast to grow, but not significantly.
Revenue vs Market: STR's revenue is expected to decline over the next 3 years (-2.1% per year).
High Growth Revenue: STR's revenue is forecast to decline over the next 3 years (-2.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STR's Return on Equity is forecast to be low in 3 years time (8.1%).
Next Steps
Past Performance
How has Strabag performed over the past 5 years?
22.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STR has a large one-off gain of €106.8M impacting its December 31 2019 financial results.
Growing Profit Margin: STR's current net profit margins (2.4%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: STR's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: STR's earnings growth over the past year (5.1%) is below its 5-year average (22% per year).
Earnings vs Industry: STR earnings growth over the past year (5.1%) underperformed the Construction industry 7.6%.
Return on Equity
High ROE: STR's Return on Equity (9.8%) is considered low.
Next Steps
Financial Health
How is Strabag's financial position?
Financial Position Analysis
Short Term Liabilities: STR's short term assets (€7.0B) exceed its short term liabilities (€6.1B).
Long Term Liabilities: STR's short term assets (€7.0B) exceed its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: STR's debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: STR's debt to equity ratio has reduced from 50.9% to 29.1% over the past 5 years.
Debt Coverage: STR's debt is well covered by operating cash flow (95.9%).
Interest Coverage: STR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Strabag's current dividend yield, its reliability and sustainability?
4.81%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: STR's dividend (4.81%) is higher than the bottom 25% of dividend payers in the Austrian market (1.63%).
High Dividend: STR's dividend (4.81%) is low compared to the top 25% of dividend payers in the Austrian market (4.85%).
Stability and Growth of Payments
Stable Dividend: STR's dividend payments have been volatile in the past 10 years.
Growing Dividend: STR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), STR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STR's dividends in 3 years are forecast to be well covered by earnings (40.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.2yrs
Average management tenure
CEO
Thomas Birtel (65yo)
7yrs
Tenure
€2,225,000
Compensation
Dr. Thomas Birtel serves as the Chief Executive Officer of STRABAG Wasserbau GmbH. Dr. Birtel has been a Member of Management Board at Strabag SE since January 1, 2006 and has been its Chief Executive Offi ...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD2.52M) is about average for companies of similar size in the Austrian market ($USD2.20M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Management Board | 7yrs | €2.23m | no data | |
| CFO & Member of the Management Board | 7.42yrs | €1.51m | no data | |
| Member of Management Board | 10.42yrs | €1.51m | no data | |
| Member of Management Board | 9.42yrs | €1.51m | no data | |
| Member of Management Board | 1.42yrs | €1.51m | no data | |
| Member of the Management Board | 0.42yr | no data | no data |
7.2yrs
Average Tenure
51yo
Average Age
Experienced Management: STR's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Member of Supervisory Board | 10.67yrs | no data | no data | |
| Independent Vice Chairman of Supervisory Board | 13.58yrs | €30.00k | 0.00020% €5.5k | |
| Independent Member of Supervisory Board | 10.67yrs | no data | no data | |
| Independent Chairman of the Supervisory Board | 10yrs | €60.00k | no data | |
| Independent Member of the Supervisory Board | 10yrs | €18.00k | no data | |
| Independent Member of the Supervisory Board | 10.67yrs | no data | no data | |
| Independent Member of the Supervisory Board | 10.67yrs | no data | no data | |
| Independent Member of Supervisory Board | 3.33yrs | €18.00k | no data | |
| Independent Member of Supervisory Board | 5.67yrs | no data | no data | |
| Independent Member of Supervisory Board | 2yrs | €18.00k | no data |
10.3yrs
Average Tenure
58yo
Average Age
Experienced Board: STR's board of directors are seasoned and experienced ( 10.3 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
Strabag SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Strabag SE
- Ticker: STR
- Exchange: WBAG
- Founded: 1835
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €2.770b
- Shares outstanding: 102.60m
- Website: https://www.strabag.com
Number of Employees
Location
- Strabag SE
- Triglavstrasse 9
- Villach
- Carinthia
- 9500
- Austria
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STR | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Oct 2007 |
| XD4 | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Oct 2007 |
| 0MKP | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Oct 2007 |
| STRV | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Oct 2007 |
| STBB.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Oct 2007 |
Biography
Strabag SE, together with its subsidiaries, operates as a construction company in Austria and internationally. The company engages in the construction of road, rail, and canal bridges; commercial and industrial facilities; hydroelectric power plants, storage power plants, hydraulic power plants, concrete gravity dams, earth-filled and rock-filled embankment dams, reservoirs, external asphalt sealing, asphalt core sealing, thermal power plants, wind farms, and electrical substations; and administration buildings, events and cultural centers, museums, hospitals, rehabilitation centers, retirement and nursing homes, universities, schools, kindergartens, fire and rescue centers, and churches. It also constructs prefabricated elements, civil engineering projects, metal constructions, water environmental technologies, and housing projects. In addition, the company undertakes transportation infrastructure projects, including railway construction, construction material, sewer engineering, pipe and sewer construction, town planning and landscape architecture, paving, large surfaces, rock engineering and protective structures, ground engineering, sports and recreational facilities, road construction, earthworks, traffic engineering, and waterway construction projects. Further, it undertakes infrastructure development; engages in the operation, maintenance, and marketing of public-private partnerships projects; and provision of real estate development and tunneling services, as well as property and facility services, such as property management and corporate real estate solutions, area management, renting and letting, technical facility management and building management, infrastructural facility management, and industrial services. The company offers its services primarily in Europe, the Arabian Peninsula, Africa, Asia, and the Americas. Strabag SE was founded in 1835 and is headquartered in Villach, Austria.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/05 22:09 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.