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Unternehmens Invest

WBAG:UIV
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UIV
WBAG
€94M
Market Cap
  1. Home
  2. AT
  3. Diversified Financials
Company description

Unternehmens Invest AG is a private equity firm specializing in growth capital, expansion, buyout, succession, spin-offs, turnaround, industry consolidation, demerger, and crisis situation investments. The last earnings update was 202 days ago. More info.


Add to Portfolio Compare Print
  • Unternehmens Invest is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
UIV Share Price and Events
7 Day Returns
0%
WBAG:UIV
3.5%
Europe Capital Markets
3.4%
AT Market
1 Year Returns
-5.2%
WBAG:UIV
-10.2%
Europe Capital Markets
-2%
AT Market
UIV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Unternehmens Invest (UIV) 0% 0% - -5.2% -4.7% 1.6%
Europe Capital Markets 3.5% 5.4% 8.7% -10.2% -0.7% -21.2%
AT Market 3.4% 6% 10.1% -2% 43.4% 29.5%
1 Year Return vs Industry and Market
  • UIV outperformed the Capital Markets industry which returned -10.2% over the past year.
  • UIV underperformed the Market in Austria which returned -2% over the past year.
Price Volatility
UIV
Industry
5yr Volatility vs Market

Value

 Is Unternehmens Invest 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 Unternehmens Invest 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 Unternehmens Invest.

WBAG:UIV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= €27.64 * 0.9%
€0.24
Book Value of Equity per Share Median Book Value from the past 5 years. €27.64
Discount Rate (Cost of Equity) See below 6%
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:UIV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AT Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.734 (1 + (1- 25%) (4.42%))
0.838
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.51% + (0.838 * 6.51%)
5.97%

Discounted Cash Flow Calculation for WBAG:UIV using Excess Returns Model Model

The calculations below outline how an intrinsic value for Unternehmens Invest is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

WBAG:UIV Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (0.9% – 5.97%) * €27.64)
€-1.41
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-1.41 / (5.97% - 0.51%)
€-25.90
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €27.64 + €-25.90
€1.74
WBAG:UIV Discount to Share Price
Calculation Result
Value per share (EUR) From above. €1.74
Current discount Discount to share price of €22.00
= -1 x (€22.00 - €1.74) / €1.74
-1166.2%

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

  • The current share price of Unternehmens Invest is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Unternehmens Invest's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Unternehmens Invest's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WBAG:UIV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-1.08
WBAG:UIV Share Price ** WBAG (2019-04-10) in EUR €22
Europe Capital Markets Industry PE Ratio Median Figure of 129 Publicly-Listed Capital Markets Companies 17.4x
Austria Market PE Ratio Median Figure of 51 Publicly-Listed Companies 14.73x

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

** Primary Listing of Unternehmens Invest.

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

= WBAG:UIV Share Price ÷ EPS (both in EUR)

= 22 ÷ -1.08

-20.32x

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

  • Unternehmens Invest is loss making, we can't compare its value to the Europe Capital Markets industry average.
  • Unternehmens Invest is loss making, we can't compare the value of its earnings to the Austria market.
Price based on expected Growth
Does Unternehmens Invest's expected growth come at a high price?
Raw Data
WBAG:UIV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -20.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Capital Markets Industry PEG Ratio Median Figure of 56 Publicly-Listed Capital Markets Companies 1.4x
Austria Market PEG Ratio Median Figure of 32 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Unternehmens Invest, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Unternehmens Invest's assets?
Raw Data
WBAG:UIV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €32.68
WBAG:UIV Share Price * WBAG (2019-04-10) in EUR €22
Europe Capital Markets Industry PB Ratio Median Figure of 215 Publicly-Listed Capital Markets Companies 1.36x
Austria Market PB Ratio Median Figure of 59 Publicly-Listed Companies 1.27x
WBAG:UIV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WBAG:UIV Share Price ÷ Book Value per Share (both in EUR)

= 22 ÷ 32.68

0.67x

* Primary Listing of Unternehmens Invest.

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

  • Unternehmens Invest is good value based on assets compared to the Europe Capital Markets industry average.
X
Value checks
We assess Unternehmens Invest'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Unternehmens Invest has a total score of 1/6, 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 Unternehmens Invest expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Unternehmens Invest has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
15.6%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Unternehmens Invest expected to grow at an attractive rate?
  • Unable to compare Unternehmens Invest's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Unternehmens Invest's earnings growth to the Austria market average as no estimate data is available.
  • Unable to compare Unternehmens Invest's revenue growth to the Austria market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
WBAG:UIV Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 15.6%
Europe Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Austria Market Earnings Growth Rate Market Cap Weighted Average 9%
Austria Market Revenue Growth Rate Market Cap Weighted Average 2.7%

*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:UIV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WBAG:UIV Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
WBAG:UIV Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 27 -2 -4
2018-03-31 26 -2 -5
2017-12-31 26 -2 -5
2017-06-30 24 0 40
2017-03-31 24 -1 42
2016-12-31 25 -1 44
2016-09-30 29 -5 24
2016-06-30 30 -5 3
2016-03-31 29 -5 2
2015-12-31 25 -6 1
2015-09-30 17 -6 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Unternehmens Invest is high growth as no earnings estimate data is available.
  • Unable to determine if Unternehmens Invest is high growth as no revenue estimate data is available.
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:UIV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Unternehmens Invest Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:UIV Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
WBAG:UIV Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -1.08
2018-03-31 -1.14
2017-12-31 -1.20
2017-06-30 10.06
2017-03-31 10.17
2016-12-31 10.26
2016-09-30 5.61
2016-06-30 0.62
2016-03-31 0.46
2015-12-31 0.28
2015-09-30

*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.
  • Unable to establish if Unternehmens Invest will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of UIV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Unternehmens Invest's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Unternehmens Invest's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Unternehmens Invest'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 Europe 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.
Unternehmens Invest has a total score of 0/6, 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 Unternehmens Invest performed over the past 5 years?

  • Unternehmens Invest's last earnings update was 202 days ago.
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 Unternehmens Invest's growth in the last year to its industry (Capital Markets).
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.
  • Unternehmens Invest does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Unternehmens Invest's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Unternehmens Invest's 1-year growth to the Europe Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Unternehmens Invest'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 Unternehmens Invest Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:UIV Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 26.56 -4.37 6.41 0.08
2018-03-31 26.33 -4.73 6.34 0.08
2017-12-31 26.11 -5.09 6.27 0.08
2017-06-30 23.94 39.59 6.21 -0.01
2017-03-31 24.46 41.60 6.39 0.04
2016-12-31 24.98 43.60 6.58 0.08
2016-09-30 29.24 23.85 7.74 0.29
2016-06-30 29.51 2.82 7.34 0.26
2016-03-31 28.60 1.95 7.08 0.26
2015-12-31 24.57 1.18 6.42 0.22
2015-09-30 17.20 -11.31 5.74 0.17
2015-06-30 14.45 -11.84 5.41 0.12
2015-03-31 13.30 -3.65 5.52 0.07
2014-12-31 13.69 -1.29 5.39 0.07
2014-09-30 14.29 10.31 4.03 0.05
2014-06-30 23.22 19.03 2.79 0.04
2014-03-31 19.48 12.35 1.22 0.02
2013-12-31 15.15 9.30 0.24
2013-09-30 15.13 9.45 0.15
2013-06-30 1.04 2.68 0.10
2013-03-31 -1.16 0.52 0.10
2012-12-31 -1.20 0.54 0.14
2012-09-30 0.94 1.67 0.10
2012-06-30 1.00 1.41 -0.03

*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.
  • It is difficult to establish if Unternehmens Invest has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Unternehmens Invest has efficiently used its assets last year compared to the Europe Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Unternehmens Invest improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Unternehmens Invest'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 Capital Markets 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.
Unternehmens Invest has a total score of 0/6, 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 Unternehmens Invest'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 Unternehmens Invest's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unternehmens Invest is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Unternehmens Invest's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Unternehmens Invest'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.5x 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 Unternehmens Invest Company Filings, last reported 9 months ago.

WBAG:UIV Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 110.49 4.13 5.22
2018-03-31 110.49 4.13 5.22
2017-12-31 110.88 4.29 15.68
2017-06-30 114.93 4.12 17.82
2017-03-31 114.93 4.12 17.82
2016-12-31 117.63 5.16 19.44
2016-09-30 118.20 5.16 19.44
2016-06-30 76.75 5.34 30.14
2016-03-31 76.75 5.34 30.14
2015-12-31 78.57 5.77 35.86
2015-09-30 77.67 4.18 33.49
2015-06-30 78.55 4.42 38.14
2015-03-31 80.67 3.06 44.06
2014-12-31 79.53 3.15 44.68
2014-09-30 79.72 3.24 33.49
2014-06-30 80.44 3.32 38.80
2014-03-31 71.74 3.39 2.76
2013-12-31 67.73 0.00 3.48
2013-09-30 67.98 0.00 13.21
2013-06-30 55.45 0.00 0.99
2013-03-31 53.43 0.00 1.11
2012-12-31 54.32 0.00 1.44
2012-09-30 54.41 0.00 0.03
2012-06-30 53.57 0.00 0.03
  • Unternehmens Invest's level of debt (3.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 3.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Unternehmens Invest's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Unternehmens Invest'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. Unternehmens Invest has a total score of 3/6, 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 Unternehmens Invest'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
0%
Current annual income from Unternehmens Invest dividends.
If you bought €2,000 of Unternehmens Invest shares you are expected to receive €0 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?
  • Unable to evaluate Unternehmens Invest's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Unternehmens Invest's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:UIV 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 0 Analyst Estimates (S&P Global) See Below
Europe Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 105 Stocks 3.5%
Austria Market Average Dividend Yield Market Cap Weighted Average of 49 Stocks 3.4%
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 4.6%

Industry and Market average data is calculated daily.

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

WBAG:UIV Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
WBAG:UIV Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-10-03 0.000 0.000
2018-04-30 0.000 0.000
2017-05-03 0.350 1.520
2016-05-03 0.700 3.163
2015-08-31 0.600 2.734
2014-12-18 0.600 2.744
2013-12-23 0.400 1.740
2013-02-28 0.200 0.871
2013-01-31 0.200 0.830
2010-08-03 0.000 0.000
2010-04-30 0.000 0.000
2009-12-14 0.000 0.000
2009-04-20 0.500 5.038

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

  • Unable to perform a dividend volatility check as Unternehmens Invest has not reported any payouts.
  • Unable to verify if Unternehmens Invest's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Unternehmens Invest's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Unternehmens Invest has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Unternehmens Invest'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 Unternehmens Invest afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Unternehmens Invest has a total score of 0/6, 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 Unternehmens Invest'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
Rudolf Knünz
COMPENSATION €0
AGE 67
TENURE AS CEO 8.8 years
CEO Bio

Dr. Rudolf Knünz, Ph.D., serves as Member of Supervisory Board at All for One Steeb AG since March 15, 2018. Dr. Knünz serves as the Managing Director at Knünz GmbH. Dr. Knünz has been the Chief Executive Officer at Unternehmens Invest AG since July 21, 2010 and also serves as Chairman of the Management Board since July 21, 2010. He deals with commercial matters, project structuring that includes due diligence, contracts, financing and project controlling. He served as the Chief Financial Officer at Unternehmens Invest AG since July 2010. He served as the Chief Financial Officer at KTM Power Sports Ag from 1992 to 2007. He started his career with Hardex Fittings Ltd. In 1978, he switched to international management consultancy with Metra Proudfoot Int. and later into the management of Consens Consulting Group. Dr. Knünz was with Steyr Daimler Puch AG in controlling. He served as Chief Financial Officer until February 2010 and Member of Management Board of CROSS Industries AG from July 5, 2010 to October 2014. He serves as the Chairman of the Supervisory Board at KTM-Sportmotorcycle AG. He is the Chairman of the Supervisory Board of Ganahl AG. He has been a Member of Supervisory Board of KTM-Sportmotorcycle AG since March 9, 2007. He serves as a Vice Chairman of Supervisory Board of Eternit-Werke Ludwig Hatschek. He serves as Member of the Board of Directors of Ganahl Aktiengesellschaft. He serves as Member of Supervisory Board of CROSS Industries AG. He served as the Chairman of the Supervisory Board at CROSS Industries AG since July 5, 2010. He served as the Chairman of the Supervisory Board at Unternehmens Invest AG from May 9, 2007 to June 30, 2010 and CROSS Informatik GmbH. He served as the Chairman of the Management Board of CROSS Immobilien AG. He served as a Vice Chairman of the Supervisory Board of KTM Power Sports AG (KTM AG) from September 26, 2012 until May 22, 2014. He served as a Vice Chairman of Supervisory Board of Wacker Neuson Beteiligungs GmbH. He served as a Deputy Chairman of the Supervisory Board of Pankl Racing Systems AG from June 29, 2006 to December 5, 2012. He served as Vice Chairman of the Management board of TGW-Future Privatstiftung. He served as a Vice Chairman of the Supervisory Board of CROSS Motorsport Systems AG. He served as a Member of Supervisory Board of KTM Power Sports AG from March 9, 2007 until May 22, 2014. He served as a Member of Supervisory Board of CROSS Industries AG since July 5, 2010. Dr. Knünz served as a Director of Austria Email AG. He served as Member of Supervisory Board of BEKO Holding AG until April 2011. He served as a Member of Supervisory Board of Unternehmens Invest AG from November 2, 2005 to June 30, 2010. He holds a Ph.D. Dr. Knünz completed his studies from the Innsbruck University in Business Management and completed his M.B.A from INSEAD, Fontainebleau in 1977.

CEO Compensation
  • Rudolf's compensation has been consistent with company performance over the past year.
  • Insufficient data for Rudolf to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Rudolf Knünz

TITLE
CEO & Chairman of the Management Board
AGE
67
TENURE
8.8 yrs

Paul Neumann

TITLE
Member of the Management Board
AGE
34
TENURE
5.6 yrs
Board of Directors Tenure

Average tenure and age of the Unternehmens Invest board of directors in years:

6.3
Average Tenure
68
Average Age
  • The tenure for the Unternehmens Invest board of directors is about average.
Board of Directors

Norbert Nagele

TITLE
Chairman of the Supervisory Board
AGE
70
TENURE
6.9 yrs

Manfred De Bock

TITLE
Deputy Chairman of the Supervisory Board
AGE
63
TENURE
6.9 yrs

Otto Urbanek

TITLE
Member of the Supervisory Board
AGE
68
TENURE
5.8 yrs

Valentin Geisler-Knünz

TITLE
Member of the Supervisory Board
TENURE
0.9 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 Unternehmens Invest'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. Unternehmens Invest 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

Unternehmens Invest AG (WBAG:UIV): Should The Recent Earnings Drop Worry You?

When Unternehmens Invest AG (WBAG:UIV) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Understanding how Unternehmens Invest performed requires a benchmark rather than trying to assess a standalone number at one point in time. … UIV has recently become loss-making, with its trailing twelve-month earnings of -€5.08m (from 31 December 2017) compared to its previous earnings of €43.60m.

Simply Wall St -

Does Unternehmens Invest AG's (VIE:UIV) -111.65% Earnings Drop Reflect A Longer Term Trend?

I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the past half a decade Unternehmens Invest's top-line has grown by 34.34% on average, signalling that the company is in a high-growth phase with expenses shooting ahead of revenues, leading to annual losses. … You should continue to research Unternehmens Invest to get a more holistic view of the stock by looking at: Financial Health: Is UIV’s operations financially sustainable?

Simply Wall St -

Why You Need To Look At This Factor Before Buying Unternehmens Invest AG (VIE:UIV)

Not every stock is exposed to the same level of market risk. … Based on this beta value, UIV appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

Simply Wall St -

Why Unternehmens Invest AG's (VIE:UIV) Investor Composition Impacts Your Returns

Insider Ownership Another important group of shareholders are company insiders. … General Public Ownership With 7.93% ownership, the general public are also an important ownership class in UIV. … This size of ownership, while considerably large for a public company, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Simply Wall St -

Company Info

Description

Unternehmens Invest AG is a private equity firm specializing in growth capital, expansion, buyout, succession, spin-offs, turnaround, industry consolidation, demerger, and crisis situation investments. The firm prefers to make long-term, buy and build investments in national and international mature medium to larger sized enterprises. The firm seeks to invest primarily in automobile sector. It also holds investments in various growth companies in the technology sector to maintain strategic options for further involvement in this area. The firm considers investments in companies having headquarters in Austria, Germany, and Switzerland. It typically invests in companies with sales revenue between €15 million ($16.57 million) and €150 million ($165.7 million) and an EBITDA margin of up to 10 percent. The firm aims for majority investments in its portfolio companies. The firm seeks to make balance sheet investments. The firm prefers investing in B2C and B2B companies. The firm prefers taking an exit either by initial public offering of the shareholding or its sale to a large-scale investor. Unternehmens Invest AG was founded in 1990 and is based in Vienna, Austria. It operates as a subsidiary.

Details
Name: Unternehmens Invest AG
UIV
Exchange: WBAG
Founded: 1990
€93,500,000
4,250,000
Website: http://www.uiag.at/en/
Address: Unternehmens Invest AG
Am Hof 4,
Vienna,
Vienna, 1010,
Austria
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WBAG UIV Common Shares Wiener Boerse AG AT EUR 01. Jun 1992
DB UIA Common Shares Deutsche Boerse AG DE EUR 01. Jun 1992
LSE 0GDE Common Shares London Stock Exchange GB EUR 01. Jun 1992
Number of employees
Current staff
Staff numbers
244
Unternehmens Invest employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 20:36
End of day share price update: 2019/04/10 00:00
Last estimates confirmation: 2017/04/29
Last earnings filing: 2018/09/28
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.