WBAG:OMV

Stock Analysis Report

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Executive Summary

OMV Aktiengesellschaft operates as an integrated oil and gas company.


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: OMV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.4%

OMV

1.1%

AT Oil and Gas

0.6%

AT Market


1 Year Return

-28.9%

OMV

-27.6%

AT Oil and Gas

-22.1%

AT Market

Return vs Industry: OMV matched the Austrian Oil and Gas industry which returned -28.1% over the past year.

Return vs Market: OMV underperformed the Austrian Market which returned -24% over the past year.


Shareholder returns

OMVIndustryMarket
7 Day-1.4%1.1%0.6%
30 Day13.9%4.8%3.6%
90 Day-20.9%-19.1%-20.1%
1 Year-28.9%-28.9%-23.2%-27.6%-20.9%-22.1%
3 Year-29.7%-34.4%0.4%-14.2%-16.6%-23.1%
5 Year32.2%15.6%11.6%-14.1%8.3%-5.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OMV (€30.42) is trading below our estimate of fair value (€93.07)

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


Price To Earnings Ratio

PE vs Industry: OMV is poor value based on its PE Ratio (8.5x) compared to the Oil and Gas industry average (8.3x).

PE vs Market: OMV is good value based on its PE Ratio (8.5x) compared to the Austrian market (11x).


Price to Earnings Growth Ratio

PEG Ratio: OMV is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: OMV is overvalued based on its PB Ratio (0.8x) compared to the XE Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is OMV forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

35.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OMV's forecast earnings growth (35.3% per year) is above the savings rate (0.5%).

Earnings vs Market: OMV's earnings (35.3% per year) are forecast to grow faster than the Austrian market (21.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OMV's revenue (10.7% per year) is forecast to grow faster than the Austrian market (3.4% per year).

High Growth Revenue: OMV's revenue (10.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OMV's Return on Equity is forecast to be low in 3 years time (11.9%).


Next Steps

Past Performance

How has OMV performed over the past 5 years?

59.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OMV has high quality earnings.

Growing Profit Margin: OMV's current net profit margins (5.1%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: OMV's earnings have grown significantly by 59.9% per year over the past 5 years.

Accelerating Growth: OMV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OMV had negative earnings growth (-16.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-5.1%).


Return on Equity

High ROE: OMV's Return on Equity (9.4%) is considered low.


Next Steps

Financial Health

How is OMV's financial position?


Financial Position Analysis

Short Term Liabilities: OMV's short term assets (€14.5B) exceed its short term liabilities (€12.1B).

Long Term Liabilities: OMV's short term assets (€14.5B) exceed its long term liabilities (€13.4B).


Debt to Equity History and Analysis

Debt Level: OMV's debt to equity ratio (34.8%) is considered satisfactory.

Reducing Debt: OMV's debt to equity ratio has reduced from 36.8% to 34.8% over the past 5 years.

Debt Coverage: OMV's debt is well covered by operating cash flow (73.6%).

Interest Coverage: OMV's interest payments on its debt are well covered by EBIT (20.9x coverage).


Balance Sheet


Next Steps

Dividend

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

6.57%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: OMV's dividend (6.57%) is higher than the bottom 25% of dividend payers in the Austrian market (1.73%).

High Dividend: OMV's dividend (6.57%) is in the top 25% of dividend payers in the Austrian market (5.28%)


Stability and Growth of Payments

Stable Dividend: OMV's dividend payments have been volatile in the past 10 years.

Growing Dividend: OMV's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.9%), OMV's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OMV's dividends in 3 years are forecast to be well covered by earnings (43.2% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Rainer Seele (59yo)

4.83yrs

Tenure

€7,240,000

Compensation

Dr. Rainer Seele has been the Chairman of Executive Board and Chief Executive Officer of OMV Aktiengesellschaft (now OMV AG) since July 1, 2015 and has been its Chief Marketing Officer since July 01, 2019. ...


CEO Compensation Analysis

Compensation vs Market: Rainer's total compensation ($USD7.95M) is above average for companies of similar size in the Austrian market ($USD3.90M).

Compensation vs Earnings: Rainer's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Rainer Seele
Chairman of the Executive Board4.83yrs€7.24m0.028% 2.8m
Johann Pleininger
Deputy Chairman of the Executive Board & Chief Upstream Operations Officer2.83yrs€3.57m0.014% 1.4m
Reinhard Florey
CFO & Member of Executive Board3.83yrs€2.92m0.0075% 740.9k
Thomas Gangl
Chief Downstream Operations Officer & Member of the Executive Board0.83yr€370.00k0.0033% 326.2k
Florian Greger
VP & Head of Investor Relationsno datano datano data
Andreas Rinofner
Head of Public Relations2.25yrsno datano data
Gerhard Wagner
Head of Refining & Petrochemicals Site At Burghausen and GM of [1]Omv's Business In Germany7.33yrsno datano data
Daniel Turnheim
Senior Vice President of Corporate Financeno datano datano data
Magdalena Moll
Senior Vice President of Corporate Affairs3.33yrsno datano data
Gülsüm Azeri
Chairwoman of Executive Board - Petrol Ofisi8.83yrsno datano data

3.6yrs

Average Tenure

57yo

Average Age

Experienced Management: OMV's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wolfgang C. Berndt
Chairman of Supervisory Board1yr€65.52kno data
Gertrude Tumpel-Gugerell
Independent Member of Supervisory Board5yrs€53.91kno data
Alyazia Ali Saleh Kuwaiti
Independent Second Deputy Chairwoman2yrs€91.25kno data
Karl Rose
Independent Member of Supervisory Board4yrs€34.00kno data
Christine Asperger
Employee Representative Member of Supervisory Board7.33yrsno datano data
Alfred Redlich
Employee Representative Member of Supervisory Board6.92yrsno datano data
Herbert Lindner
Employee Representative Member of Supervisory Board6.92yrsno datano data
Gerhard Singer
Employee Representative Member of Supervisory Board3.67yrsno datano data
Thomas Schmid
Independent Deputy Chairman of the Supervisory Board1yr€44.93kno data
Elisabeth Stadler
Independent Supervisory Board Member1yr€20.25kno data

3.8yrs

Average Tenure

58yo

Average Age

Experienced Board: OMV's board of directors are considered experienced (3.8 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

OMV Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: OMV Aktiengesellschaft
  • Ticker: OMV
  • Exchange: WBAG
  • Founded: 1956
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: €9.944b
  • Shares outstanding: 326.90m
  • Website: https://www.omv.com

Number of Employees


Location

  • OMV Aktiengesellschaft
  • Trabrennstrasse 6-8
  • Vienna
  • Vienna
  • 1020
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OMVDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1992
OMVWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 1992
OMVJ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1992
0MKHLSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
OMVXTRA (XETRA Trading Platform)YesCommon SharesDEEURJan 1992
OMVVBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992
OMVSWX (SIX Swiss Exchange)YesCommon SharesCHCHFJan 1992
OMVETLX (Eurotlx)YesCommon SharesITEURJan 1992
OMVSEP (The Stock Exchange Prague Co. Ltd.)YesCommon SharesCZCZKJan 1992
OMVK.YOTCPK (Pink Sheets LLC)SPON ADR NEWUSUSDOct 1994

Biography

OMV Aktiengesellschaft operates as an integrated oil and gas company. The company operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Central and Eastern Europe, the Middle East and Africa, the North Sea, Russia, and the Asia-Pacific. It has proven reserves of 1.33 billion barrels of oil equivalent; and proven and probable reserves of 2.38 billion barrels of oil equivalent. The Downstream segment refines, processes, and sells petroleum products to commercial and private customers. This segment operates refineries in Schwechat, Austria; Burghausen, Germany; and Petrobrazi, Romania with an annual capacity of 17.8 million metric tons, as well as operates a retail network of approximately 2,100 filling stations. It is also involved in the gas transportation, as well as gas supply, marketing, and trading businesses. This segment operates gas storage facilities with a capacity of 30 TWh; an approximately 900 km long high-pressure natural gas pipeline network; and a gas-fired power plant in Romania. OMV Aktiengesellschaft was founded in 1956 and is headquartered in Vienna, Austria. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 02:14
End of Day Share Price2020/05/26 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.