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STR

StrabagWBAG:STR Stock Report

Last Price

€37.35

Market Cap

€3.8b

7D

-2.6%

1Y

27.9%

Updated

23 Jan, 2022

Data

Company Financials +
STR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

STR Stock Overview

Strabag SE, together with its subsidiaries, operates as a construction company.

Strabag Competitors

PORR

WBAG:POS

€503.1m

General Electric

NYSE:GE

US$105.7b

Allianz

XTRA:ALV

€90.6b

AXA

ENXTPA:CS

€65.8b

Price History & Performance

Summary of all time highs, changes and price drops for Strabag
Historical stock prices
Current Share Price€37.35
52 Week High€43.80
52 Week Low€28.00
Beta1.12
1 Month Change1.50%
3 Month Change-3.98%
1 Year Change27.91%
3 Year Change19.71%
5 Year Change9.53%
Change since IPO-25.15%

Recent News & Updates

Jan 11
Should You Be Adding Strabag (VIE:STR) To Your Watchlist Today?

Should You Be Adding Strabag (VIE:STR) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Dec 12
An Intrinsic Calculation For Strabag SE (VIE:STR) Suggests It's 48% Undervalued

An Intrinsic Calculation For Strabag SE (VIE:STR) Suggests It's 48% Undervalued

Today we will run through one way of estimating the intrinsic value of Strabag SE ( VIE:STR ) by estimating the...

Nov 28
At €35.10, Is Strabag SE (VIE:STR) Worth Looking At Closely?

At €35.10, Is Strabag SE (VIE:STR) Worth Looking At Closely?

Strabag SE ( VIE:STR ), might not be a large cap stock, but it received a lot of attention from a substantial price...

Nov 14
Strabag (VIE:STR) Has A Pretty Healthy Balance Sheet

Strabag (VIE:STR) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Nov 01
The Return Trends At Strabag (VIE:STR) Look Promising

The Return Trends At Strabag (VIE:STR) Look Promising

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

Shareholder Returns

STRAT ConstructionAT Market
7D-2.6%-1.9%-2.5%
1Y27.9%14.1%22.7%

Return vs Industry: STR exceeded the Austrian Construction industry which returned 14.1% over the past year.

Return vs Market: STR exceeded the Austrian Market which returned 22.7% over the past year.

Price Volatility

Is STR's price volatile compared to industry and market?
STR volatility
STR Average Weekly Movement3.6%
Construction Industry Average Movement4.5%
Market Average Movement4.0%
10% most volatile stocks in AT Market5.7%
10% least volatile stocks in AT Market2.3%

Stable Share Price: STR is not significantly more volatile than the rest of Austrian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: STR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
183572,942Thomas Birtelhttps://www.strabag.com

Strabag SE, together with its subsidiaries, operates as a construction company. 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.

Strabag Fundamentals Summary

How do Strabag's earnings and revenue compare to its market cap?
STR fundamental statistics
Market Cap€3.83b
Earnings (TTM)€484.28m
Revenue (TTM)€14.97b

7.9x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STR income statement (TTM)
Revenue€14.97b
Cost of Revenue€9.28b
Gross Profit€5.69b
Expenses€5.20b
Earnings€484.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Apr 29, 2022

Earnings per share (EPS)4.72
Gross Margin38.00%
Net Profit Margin3.24%
Debt/Equity Ratio33.1%

How did STR perform over the long term?

See historical performance and comparison

Dividends

18.5%

Current Dividend Yield

163%

Payout Ratio

Valuation

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

47.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: STR (€37.35) is trading below our estimate of fair value (€70.47)

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


Price To Earnings Ratio

PE vs Industry: STR is good value based on its PE Ratio (7.9x) compared to the European Construction industry average (16.1x).

PE vs Market: STR is good value based on its PE Ratio (7.9x) compared to the Austrian market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: STR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: STR is good value based on its PB Ratio (1.1x) compared to the XE Construction industry average (1.5x).


Future Growth

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

-1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STR's earnings are forecast to decline over the next 3 years (-1.3% per year).

Earnings vs Market: STR's earnings are forecast to decline over the next 3 years (-1.3% per year).

High Growth Earnings: STR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: STR's revenue (1.7% per year) is forecast to grow slower than the Austrian market (4.2% per year).

High Growth Revenue: STR's revenue (1.7% per year) is forecast to grow slower than 20% 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 (9.7%).


Past Performance

How has Strabag performed over the past 5 years?

13.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STR has high quality earnings.

Growing Profit Margin: STR's current net profit margins (3.2%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: STR's earnings have grown by 13.5% per year over the past 5 years.

Accelerating Growth: STR's earnings growth over the past year (34.4%) exceeds its 5-year average (13.5% per year).

Earnings vs Industry: STR earnings growth over the past year (34.4%) exceeded the Construction industry 26.3%.


Return on Equity

High ROE: STR's Return on Equity (13.9%) is considered low.


Financial Health

How is Strabag's financial position?


Financial Position Analysis

Short Term Liabilities: STR's short term assets (€6.5B) exceed its short term liabilities (€6.0B).

Long Term Liabilities: STR's short term assets (€6.5B) exceed its long term liabilities (€2.2B).


Debt to Equity History and Analysis

Debt Level: STR has more cash than its total debt.

Reducing Debt: STR's debt to equity ratio has reduced from 50.1% to 33.1% over the past 5 years.

Debt Coverage: STR's debt is well covered by operating cash flow (101.9%).

Interest Coverage: STR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

18.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: STR's dividend (18.47%) is higher than the bottom 25% of dividend payers in the Austrian market (1.33%).

High Dividend: STR's dividend (18.47%) is in the top 25% of dividend payers in the Austrian market (3.63%)


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 high payout ratio (163.1%), STR's dividend payments are not 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 (44.5% payout ratio).


Next Steps

Management

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

10.0yrs

Average management tenure


CEO

Thomas Birtel (67 yo)

16yrs

Tenure

€2,225,000

Compensation

Dr. Thomas Birtel serves as Chairman of the Management Board at Strabag SE since June 15, 2013. He serves as a Member of Supervisory Board at VHV Allgemeine Versicherung AG. Dr. Birtel serves as the Chief...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Thomas's total compensation is reasonable compared to companies of similar size in the Austrian market.

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


Leadership Team

Experienced Management: STR's management team is seasoned and experienced (10 years average tenure).


Board Members

Experienced Board: STR's board of directors are seasoned and experienced ( 11.6 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 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
  • Implied Market Cap: €3.832b
  • Shares outstanding: 102.60m
  • Website: https://www.strabag.com

Number of Employees


Location

  • Strabag SE
  • Triglavstrasse 9
  • Villach
  • Carinthia
  • 9500
  • Austria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 19:31
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.