voestalpine AG processes, develops, and manufactures steel products worldwide.
Fair value with moderate growth potential.
Share Price & News
How has Voestalpine's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VOE's share price has been volatile over the past 3 months.
7 Day Return
AT Metals and Mining
1 Year Return
AT Metals and Mining
Return vs Industry: VOE underperformed the Austrian Metals and Mining industry which returned -30.4% over the past year.
Return vs Market: VOE underperformed the Austrian Market which returned -32.9% over the past year.
Price Volatility Vs. Market
How volatile is Voestalpine's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Voestalpine AG's (VIE:VOE) 7.1% Dividend Sustainable?
2 months ago | Simply Wall StThe Voestalpine (VIE:VOE) Share Price Is Down 35% So Some Shareholders Are Getting Worried
3 months ago | Simply Wall StShareholders Should Look Hard At Voestalpine AG’s (VIE:VOE) 4.4%Return On Capital
Is Voestalpine undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VOE (€18.56) is trading below our estimate of fair value (€36.18)
Significantly Below Fair Value: VOE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VOE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: VOE is unprofitable, so we can't compare its PE Ratio to the Austrian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VOE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VOE is good value based on its PB Ratio (0.6x) compared to the XE Metals and Mining industry average (0.7x).
How is Voestalpine forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VOE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.1%).
Earnings vs Market: VOE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VOE's is expected to become profitable in the next 3 years.
Revenue vs Market: VOE's revenue (1.6% per year) is forecast to grow slower than the Austrian market (2.1% per year).
High Growth Revenue: VOE's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VOE's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Voestalpine performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VOE is currently unprofitable.
Growing Profit Margin: VOE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VOE is unprofitable, and losses have increased over the past 5 years at a rate of -10.7% per year.
Accelerating Growth: Unable to compare VOE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VOE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-9.8%).
Return on Equity
High ROE: VOE has a negative Return on Equity (0.3%), as it is currently unprofitable.
How is Voestalpine's financial position?
Financial Position Analysis
Short Term Liabilities: VOE's short term assets (€6.4B) exceed its short term liabilities (€4.3B).
Long Term Liabilities: VOE's short term assets (€6.4B) exceed its long term liabilities (€5.5B).
Debt to Equity History and Analysis
Debt Level: VOE's debt to equity ratio (92.5%) is considered high.
Reducing Debt: VOE's debt to equity ratio has increased from 78.3% to 92.5% over the past 5 years.
Inventory Level: VOE has a high level of physical assets or inventory.
Debt Coverage by Assets: VOE's debt is covered by short term assets (assets are 1.2x 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.
Stable Cash Runway: VOE has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: VOE has been profitable on average in the past, therefore cash runway is not a concern.
What is Voestalpine's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VOE's dividend (5.93%) is higher than the bottom 25% of dividend payers in the Austrian market (2.03%).
High Dividend: VOE's dividend (5.93%) is low compared to the top 25% of dividend payers in the Austrian market (6.33%).
Stability and Growth of Payments
Stable Dividend: VOE's dividend payments have been volatile in the past 10 years.
Growing Dividend: VOE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: VOE is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: VOE's dividends in 3 years are forecast to be well covered by earnings (48.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Herbert Eibensteiner (56yo)
Dipl.-Ing. Herbert Eibensteiner has been Chief Executive Officer and Chairman of the Board at Voestalpine AG since July 3, 2019 and has been its Member of Management Board since April 01, 2012. Dipl.-Ing. ...
CEO Compensation Analysis
Compensation vs Market: Herbert's total compensation ($USD2.13M) is about average for companies of similar size in the Austrian market ($USD2.14M).
Compensation vs Earnings: Herbert's compensation has been consistent with company performance over the past year.
|Chairman of Management Board & CEO||0.75yr||€1.96m||no data|
|CFO & Member of Management Board||14.42yrs||€2.03m||no data|
|Head of the High Performance Metals Division & Member of Management Board||9.25yrs||€1.96m||no data|
|Head of the Metal Engineering Division & Member of the Management Board||8.75yrs||€1.96m||no data|
|Head of the Metal Forming Division & Member of the Management Board||5.5yrs||€2.01m||no data|
|Head of the Steel Division & Member of the Management Board||1.33yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Head of Group Communications||no data||no data||no data|
|Head of Research & Development||5.5yrs||no data||no data|
|Head of Corporate Procurement||5.5yrs||no data||no data|
Experienced Management: VOE's management team is seasoned and experienced (5.5 years average tenure).
|Member of Supervisory Board||0.75yr||€3.39m||no data|
|Chairman of the Supervisory Board||15.75yrs||no data||no data|
|Member of the Supervisory Board||20.25yrs||no data||no data|
|Member of the Supervisory Board||15.75yrs||no data||no data|
|Deputy Chairman of the Supervisory Board||7.75yrs||no data||no data|
|Member of the Supervisory Board||14.58yrs||€45.00k||no data|
|Member of the Supervisory Board||8.25yrs||no data||no data|
|Member of the Supervisory Board||0.83yr||no data||no data|
|Member of Supervisory Board||0.75yr||no data||no data|
|Member of Supervisory Board||0.75yr||no data||no data|
Experienced Board: VOE's board of directors are considered experienced (8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Voestalpine AG's company bio, employee growth, exchange listings and data sources
- Name: Voestalpine AG
- Ticker: VOE
- Exchange: WBAG
- Industry: Steel
- Sector: Materials
- Market Cap: €3.313b
- Shares outstanding: 178.52m
- Website: https://www.voestalpine.com
Number of Employees
- Voestalpine AG
- voestalpine-Strasse 1
- Upper Austria
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VLPN.F||OTCPK (Pink Sheets LLC)||Yes||Common Bearer Shares||US||USD||Oct 1995|
|VAS||DB (Deutsche Boerse AG)||Yes||Common Bearer Shares||DE||EUR||Oct 1995|
|VOE||WBAG (Wiener Boerse AG)||Yes||Common Bearer Shares||AT||EUR||Oct 1995|
|0MKX||LSE (London Stock Exchange)||Yes||Common Bearer Shares||GB||EUR||Oct 1995|
|VAS||XTRA (XETRA Trading Platform)||Yes||Common Bearer Shares||DE||EUR||Oct 1995|
|VOEV||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Bearer Shares||GB||EUR||Oct 1995|
|VOE||SWX (SIX Swiss Exchange)||Yes||Common Bearer Shares||CH||CHF||Oct 1995|
|VOE||SEP (The Stock Exchange Prague Co. Ltd.)||Yes||Common Bearer Shares||CZ||CZK||Oct 1995|
|VAS-U||ETLX (Eurotlx)||Yes||Common Bearer Shares||IT||EUR||Oct 1995|
|VLPN.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Oct 2008|
voestalpine AG processes, develops, and manufactures steel products worldwide. The company operates through five segments: Steel, High Performance Metals, Metal Engineering, Metal Forming, and Other. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvanized, and organically coated steel strips; and heavy plates for the energy sector, as well as turbine casings. It serves the automotive, white/consumer goods, building/construction, energy, mechanical engineering, and others. The High Performance Metals segment offers special alloys for the oil and natural gas, aerospace, and energy engineering industries; tool manufacturing, heat treatment, and coating services; and warehousing and preprocessing of special steels, as well as services, including logistics, distribution, and processing for the oil and natural gas industries. The Metal Engineering division offers rails and turnout products, rod wires, drawn wires, seamless tubes, and welding filler materials; track-based monitoring systems for various railway applications; and services for railway sector. The Metal Forming division manufactures special tubes and sections, and precision strip steel products, as well as pre-finished system components made from pressed, punched, and roll-profiled parts for use in automotive, white goods/consumer goods, building/construction, energy, mechanical engineering, and others. It also provides cold-rolled precision strip steel. voestalpine AG is based in Linz, Austria.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 20:44|
|End of Day Share Price||2020/04/02 00:00|
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.