Stock Analysis Report

Executive Summary

Gurktaler Aktiengesellschaft produces and distributes herbal spirits and wines in Austria and internationally.


PE ratio (8.9x) is below the Austrian market (14.2x)

Earnings have grown 38.4% per year over the past 5 years

Risk Analysis

Unstable dividend track record

Does not have meaningful revenue (€964K)

Does not have a meaningful market cap (€22M)

Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

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

Latest Share Price and Events

Stable Share Price: GAGS has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




AT Beverage


AT Market

1 Year Return




AT Beverage


AT Market

Return vs Industry: GAGS exceeded the Austrian Beverage industry which returned 5.9% over the past year.

Return vs Market: GAGS exceeded the Austrian Market which returned 5.1% over the past year.

Shareholder returns

7 Day0%0.8%1.9%
30 Day0%-3.4%0.3%
90 Day2.6%-0.04%0.8%
1 Year11.3%9.4%8.0%5.9%8.8%5.1%
3 Year21.1%15.9%12.0%5.0%27.7%16.2%
5 Year19.5%13.2%21.8%9.0%56.9%35.2%

Price Volatility Vs. Market

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

Simply Wall St News


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


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: GAGS (€9.85) is trading above our estimate of fair value (€3.87)

Significantly Below Fair Value: GAGS is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: GAGS is good value based on its PE Ratio (8.9x) compared to the Beverage industry average (20.7x).

PE vs Market: GAGS is good value based on its PE Ratio (8.9x) compared to the Austrian market (14.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GAGS's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: GAGS is good value based on its PB Ratio (0.7x) compared to the XE Beverage industry average (2.1x).

Next Steps

Future Growth

How is Gurktaler forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Food, Beverage & Tobacco industry annual growth in earnings

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 Gurktaler 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 SimplyWall St do have past financial data.

Next Steps

Past Performance

How has Gurktaler performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GAGS has high quality earnings.

Growing Profit Margin: GAGS's current net profit margins are lower than last year .

Past Earnings Growth Analysis

Earnings Trend: GAGS's earnings have grown significantly by 38.4% per year over the past 5 years.

Accelerating Growth: GAGS's earnings growth over the past year (1.3%) is below its 5-year average (38.4% per year).

Earnings vs Industry: GAGS earnings growth over the past year (1.3%) underperformed the Beverage industry 2.7%.

Return on Equity

High ROE: GAGS's Return on Equity (8.4%) is considered low.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is Gurktaler's financial position?

Financial Position Analysis

Short Term Liabilities: GAGS's short term assets (€11.7M) exceed its short term liabilities (€199.0K).

Long Term Liabilities: GAGS's short term assets (€11.7M) exceed its long term liabilities (€442.0K).

Debt to Equity History and Analysis

Debt Level: GAGS is debt free.

Reducing Debt: GAGS has no debt compared to 5 years ago when its debt to equity ratio was 34.5%.

Debt Coverage: GAGS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GAGS has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Inventory Level: GAGS has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if GAGS's debt is covered by short term assets.

Next Steps


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


Current Dividend Yield

Dividend Yield vs Market


Current dividend yield vs market & industry

Notable Dividend: GAGS's dividend (1.62%) is higher than the bottom 25% of dividend payers in the Austrian market (1.58%).

High Dividend: GAGS's dividend (1.62%) is low compared to the top 25% of dividend payers in the Austrian market (4.47%).

Stability and Growth of Payments

Stable Dividend: GAGS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GAGS's dividend payments have increased, but the company has only paid a dividend for 7 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.4%), GAGS's dividend payments are thoroughly covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


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


Karin Trimmel (52yo)


Ms. Karin Trimmel serves as President of the Management Board at Gurktaler AG. 


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

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

Key Information

  • Name: Gurktaler Aktiengesellschaft
  • Ticker: GAGS
  • Exchange: WBAG
  • Founded:
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €22.013m
  • Shares outstanding: 2.25m
  • Website: https://gruppe.gurktaler.at

Number of Employees


  • Gurktaler Aktiengesellschaft
  • Heiligenstädter Strasse 43
  • Vienna
  • Vienna
  • 1190
  • Austria


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GAGSWBAG (Wiener Boerse AG)YesCommon SharesATEURFeb 2013
GAGVWBAG (Wiener Boerse AG)Preferred StockATEURFeb 2013
0QSCLSE (London Stock Exchange)Preferred StockGBEURFeb 2013
0QSBLSE (London Stock Exchange)YesCommon SharesGBEURFeb 2013


Gurktaler Aktiengesellschaft produces and distributes herbal spirits and wines in Austria and internationally. The company is based in Vienna, Austria. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 22:05
End of Day Share Price2020/02/13 00:00
Annual Earnings2019/03/31

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.