WBAG:OTV

Stock Analysis Report

Executive Summary

Ottakringer Getränke AG engages in the production, wholesale, and retail of beer, mineral water, and other beverages in Austria.


Snowflake Analysis

Second-rate dividend payer with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.7%

OTV

0.8%

AT Beverage

1.9%

AT Market


1 Year Return

-2.4%

OTV

5.9%

AT Beverage

5.1%

AT Market

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

Return vs Market: OTV underperformed the Austrian Market which returned 5.1% over the past year.


Shareholder returns

OTVIndustryMarket
7 Day-4.7%0.8%1.9%
30 Day-4.7%-3.4%0.3%
90 Day-1.2%-0.04%0.8%
1 Year-0.1%-2.4%8.0%5.9%8.8%5.1%
3 Year45.0%31.2%12.0%5.0%27.7%16.2%
5 Year110.7%75.3%21.8%9.0%56.9%35.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

34.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OTV (€81) is trading above our estimate of fair value (€26.22)

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


Price To Earnings Ratio

PE vs Industry: OTV is poor value based on its PE Ratio (34.2x) compared to the Beverage industry average (20.7x).

PE vs Market: OTV is poor value based on its PE Ratio (34.2x) compared to the Austrian market (14.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OTV is overvalued based on its PB Ratio (3.9x) compared to the XE Beverage industry average (2.1x).


Next Steps

Future Growth

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

7.3%

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 Ottakringer Getränke 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 Ottakringer Getränke performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OTV has a high level of non-cash earnings.

Growing Profit Margin: OTV's current net profit margins (3.7%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: OTV's earnings have grown by 6% per year over the past 5 years.

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

Earnings vs Industry: OTV had negative earnings growth (-10.5%) over the past year, making it difficult to compare to the Beverage industry average (2.7%).


Return on Equity

High ROE: OTV's Return on Equity (11.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ottakringer Getränke's financial position?


Financial Position Analysis

Short Term Liabilities: OTV's short term assets (€67.5M) do not cover its short term liabilities (€106.7M).

Long Term Liabilities: OTV's short term assets (€67.5M) exceed its long term liabilities (€36.6M).


Debt to Equity History and Analysis

Debt Level: OTV's debt to equity ratio (70.6%) is considered high.

Reducing Debt: OTV's debt to equity ratio has increased from 28.1% to 70.6% over the past 5 years.

Debt Coverage: OTV's debt is well covered by operating cash flow (37.7%).

Interest Coverage: OTV's interest payments on its debt are well covered by EBIT (59x coverage).


Balance Sheet

Inventory Level: OTV has a high level of physical assets or inventory.

Debt Coverage by Assets: OTV's debt is covered by short term assets (assets are 1.1x debt).


Next Steps

Dividend

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

1.54%

Current Dividend Yield


Dividend Yield vs Market

company1.5%marketbottom25%1.6%markettop25%4.5%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: OTV's dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the Austrian market (1.58%).

High Dividend: OTV's dividend (1.54%) is low compared to the top 25% of dividend payers in the Austrian market (4.47%).


Stability and Growth of Payments

Stable Dividend: OTV's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.6%), OTV's dividend payments are 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

Management

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

5.7yrs

Average board tenure


CEO

Ottakringer Getränke has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Johann Marihart
Member of Supervisory Board22.1yrsno datano data
Herbert Werner
Vice-Chairman of Supervisory Board5.7yrsno datano data
Thomas Polanyi
Member of Supervisory Board4.7yrsno datano data
Christiane Wenckheim
Chairwoman of Supervisory Board0yrsno datano data

5.7yrs

Average Tenure

61.5yo

Average Age

Experienced Board: OTV's board of directors are considered experienced (5.7 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

Ottakringer Getränke AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ottakringer Getränke AG
  • Ticker: OTV
  • Exchange: WBAG
  • Founded: 1837
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €291.063m
  • Shares outstanding: 2.24m
  • Website: https://www.ottakringerkonzern.com

Number of Employees


Location

  • Ottakringer Getränke AG
  • Ottakringer Platz 1
  • Vienna
  • Vienna
  • 1160
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OTVWBAG (Wiener Boerse AG)Preference StockATEURJan 1992
0M4GLSE (London Stock Exchange)Preference StockGBEURJan 1992
OTSWBAG (Wiener Boerse AG)YesCommon StockATEURNov 1994
0M4FLSE (London Stock Exchange)YesCommon StockGBEURNov 1994

Biography

Ottakringer Getränke AG engages in the production, wholesale, and retail of beer, mineral water, and other beverages in Austria. It also offers soft drinks, coffee, wines, and spirits. In addition, the company provides Zero Komma Josef, a non-alcoholic beer. The company sells beverages under the Ottakringer, Zero Komma Josef, and Vöslauer brands. The company was formerly known as Ottakringer Brauerei AG and changed its name to Ottakringer Getranke AG in December 2009. Ottakringer Getränke AG was founded in 1837 and is based in Vienna, Austria. Ottakringer Getränke AG is a subsidiary of Ottakringer Holding AG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 20:50
End of Day Share Price2020/02/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.