WBAG:ZAG

Stock Analysis Report

Executive Summary

Zumtobel Group AG operates in the lighting industry worldwide.

Snowflake

Fundamentals

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Zumtobel Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.9%

WBAG:ZAG

1.7%

AT Electrical

1.4%

AT Market


1 Year Return

7.4%

WBAG:ZAG

-6.5%

AT Electrical

-6.2%

AT Market

ZAG outperformed the Electrical industry which returned -6.5% over the past year.

ZAG outperformed the Market in Austria which returned -6.1% over the past year.


Share holder returns

ZAGIndustryMarket
7 Day-1.9%1.7%1.4%
30 Day-13.5%-7.1%-2.6%
90 Day9.4%-1.6%0.7%
1 Year7.4%7.4%-3.8%-6.5%-2.6%-6.2%
3 Year-52.4%-53.1%6.5%-2.7%49.4%35.7%
5 Year-56.7%-58.3%33.5%-38.1%52.1%30.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Zumtobel Group undervalued based on future cash flows and its price relative to the stock market?

42%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Zumtobel Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Zumtobel Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Zumtobel Group is loss making, we can't compare its value to the Europe Electrical industry average.

Zumtobel Group is loss making, we can't compare the value of its earnings to the Austria market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Zumtobel Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Zumtobel Group is good value based on assets compared to the Europe Electrical industry average.


Next Steps

Future Growth

How is Zumtobel Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

45.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Zumtobel Group's revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).

Zumtobel Group's earnings are expected to grow significantly at over 20% yearly.

Zumtobel Group's revenue growth is positive but not above the Austria market average.

Zumtobel Group's earnings growth is expected to exceed the Austria market average.

Zumtobel Group's earnings growth is expected to exceed the low risk savings rate of 0.5%.


Earnings per Share Growth Estimates


Future Return on Equity

Zumtobel Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Zumtobel Group performed over the past 5 years?

-49.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Zumtobel Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Zumtobel Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Zumtobel Group's 1-year growth to the Europe Electrical industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Zumtobel Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Zumtobel Group has efficiently used its assets last year compared to the Europe Electrical industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Zumtobel Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Zumtobel Group's financial position?


Financial Position Analysis

Zumtobel Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Zumtobel Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Zumtobel Group's level of debt (65.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (58.1% vs 65.8% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.4x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Zumtobel Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Zumtobel Group has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 86.2% per year.


Next Steps

Dividend

What is Zumtobel Group's current dividend yield, its reliability and sustainability?

3.41%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Zumtobel Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Zumtobel Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Zumtobel Group has not reported any payouts.

Unable to verify if Zumtobel Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Zumtobel Group has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3x coverage).


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Alfred Felder (56yo)

1.5yrs

Tenure

€750,000

Compensation

Dr. Alfred Felder has been President of the Executive Board and Chief Executive Officer at Zumtobel Group AG since June 08, 2018 and has been its Member of the Management Board since April 01, 2016 and ser ...


CEO Compensation Analysis

Alfred's remuneration is about average for companies of similar size in Austria.

Alfred's compensation has increased whilst company is loss making.


Management Age and Tenure

1.5yrs

Average Tenure

56yo

Average Age

The average tenure for the Zumtobel Group management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.1yrs

Average Tenure

56.5yo

Average Age

The tenure for the Zumtobel Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Bernard Motzko (57yo)

    COO & Member of Management Board

    • Tenure: 1.5yrs
    • Compensation: €608.00k
  • Alfred Felder (56yo)

    President of the Management Board & CEO

    • Tenure: 1.5yrs
    • Compensation: €750.00k
  • Thomas Tschol (49yo)

    CFO & Member of Management Board

    • Tenure: 1.3yrs
    • Compensation: €738.00k
  • Emanuel Hagspiel

    Head of Investor Relations

    • Tenure: 0.0yrs
  • Marina Konrad

    Head of Corporate Communications

    • Tenure: 0.0yrs

Board Members

  • Jürg Zumtobel (83yo)

    Chairman of Supervisory Board

    • Tenure: 15.9yrs
  • Fritz Zumtobel (80yo)

    Member of Supervisory Board

    • Tenure: 23.6yrs
  • Johannes Burtscher (50yo)

    Second Vice Chairman of Supervisory Board

    • Tenure: 9.1yrs
  • Eva Kienle (52yo)

    Supervisory Board Member

    • Tenure: 0.6yrs
  • Richard Apnar (45yo)

    Member of Supervisory Board

    • Tenure: 7.2yrs
  • Dietmar Dünser (53yo)

    Member of Supervisory Board

    • Tenure: 4.1yrs
  • Kai Arbinger (60yo)

    Member of Supervisory Board

    • Tenure: 3.3yrs
  • Volkhard Hofmann (67yo)

    First Vice-Chairman of the Supervisory Board

    • Tenure: 1.5yrs
  • Karin Zumtobel-Chammah

    Supervisory Board Member

    • Tenure: 0.6yrs

Company Information

Zumtobel Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zumtobel Group AG
  • Ticker: ZAG
  • Exchange: WBAG
  • Founded: 1950
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: €285.631m
  • Shares outstanding: 43.15m
  • Website: https://www.zumtobelgroup.com

Number of Employees


Location

  • Zumtobel Group AG
  • Höchster Strasse 8
  • Dornbirn
  • Vorarlberg
  • 6850
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZAGWBAG (Wiener Boerse AG)YesBearer SharesATEURMay 2006
T9ZDB (Deutsche Boerse AG)YesBearer SharesDEEURMay 2006
T9ZXTRA (XETRA Trading Platform)YesBearer SharesDEEURMay 2006
ZMTB.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDMay 2006
0MJHLSE (London Stock Exchange)YesBearer SharesGBEURMay 2006
ZAGVBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURMay 2006
ZMTB.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2008

Biography

Zumtobel Group AG operates in the lighting industry worldwide. It offers a range of products and services, including light management components and systems for applications in professional indoor and outd ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 21:17
End of Day Share Price2019/08/23 00:00
Earnings2019/04/30
Annual Earnings2019/04/30


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.