WBAG:OESD

Stock Analysis Report

Österreichische Staatsdruckerei Holding

Executive Summary

Österreichische Staatsdruckerei Holding AG prints and produces security ID documents worldwide.


Snowflake Analysis

Excellent balance sheet with proven track record.

Share Price & News

How has Österreichische Staatsdruckerei Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

OESD

6.9%

AT Electronic

2.7%

AT Market


1 Year Return

28.5%

OESD

-6.0%

AT Electronic

-30.4%

AT Market

Return vs Industry: OESD exceeded the Austrian Electronic industry which returned -11.7% over the past year.

Return vs Market: OESD exceeded the Austrian Market which returned -37.8% over the past year.


Shareholder returns

OESDIndustryMarket
7 Day0%6.9%2.7%
30 Day-0.9%-22.0%-28.0%
90 Day13.9%-22.4%-34.1%
1 Year32.4%28.5%-4.3%-6.0%-28.0%-30.4%
3 Year67.2%53.3%9.8%4.5%-16.1%-23.6%
5 Year77.8%53.3%45.3%32.8%1.0%-13.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Österreichische Staatsdruckerei Holding undervalued compared to its fair value and its price relative to the market?

35.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: OESD (€23) is trading above our estimate of fair value (€8.06)

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


Price To Earnings Ratio

PE vs Industry: OESD is poor value based on its PE Ratio (35.6x) compared to the Electronic industry average (13.3x).

PE vs Market: OESD is poor value based on its PE Ratio (35.6x) compared to the Austrian market (10.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OESD is overvalued based on its PB Ratio (7x) compared to the XE Electronic industry average (1.5x).


Next Steps

Future Growth

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

14.6%

Forecasted Tech 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 Österreichische Staatsdruckerei Holding 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 Österreichische Staatsdruckerei Holding performed over the past 5 years?

-3.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OESD has high quality earnings.

Growing Profit Margin: OESD's current net profit margins (8.7%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: OESD's earnings have declined by -3.1% per year over the past 5 years.

Accelerating Growth: OESD's earnings growth over the past year (77.1%) exceeds its 5-year average (-3.1% per year).

Earnings vs Industry: OESD earnings growth over the past year (77.1%) exceeded the Electronic industry 7.3%.


Return on Equity

High ROE: OESD's Return on Equity (19.7%) is considered low.


Next Steps

Financial Health

How is Österreichische Staatsdruckerei Holding's financial position?


Financial Position Analysis

Short Term Liabilities: OESD's short term assets (€24.2M) do not cover its short term liabilities (€24.2M).

Long Term Liabilities: OESD's short term assets (€24.2M) exceed its long term liabilities (€13.5M).


Debt to Equity History and Analysis

Debt Level: OESD's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: OESD's debt to equity ratio has reduced from 95.7% to 0.9% over the past 5 years.

Debt Coverage: OESD's debt is well covered by operating cash flow (2176.5%).

Interest Coverage: OESD's interest payments on its debt are well covered by EBIT (25.2x coverage).


Balance Sheet

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

Debt Coverage by Assets: OESD's debt is covered by short term assets (assets are 113.4x debt).


Next Steps

Dividend

What is Österreichische Staatsdruckerei Holding's current dividend yield, its reliability and sustainability?

2.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OESD's dividend (2.3%) is higher than the bottom 25% of dividend payers in the Austrian market (2.28%).

High Dividend: OESD's dividend (2.3%) is low compared to the top 25% of dividend payers in the Austrian market (7.54%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, OESD has been paying a dividend for less than 10 years.

Growing Dividend: OESD's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (82%), OESD's 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?


CEO

Robert Schächter (61yo)

no data

Tenure

Ing. Robert Schächter serves as Chairman of The Management Board at Österreichische Staatsdruckerei Holding AG and also serves as its Head of Strategy, Corporate Development and Communication. Ing. Schächt ...


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

Österreichische Staatsdruckerei Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Österreichische Staatsdruckerei Holding AG
  • Ticker: OESD
  • Exchange: WBAG
  • Founded: 1804
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: €158.873m
  • Shares outstanding: 6.91m
  • Website: https://www.staatsdruckerei.at

Number of Employees


Location

  • Österreichische Staatsdruckerei Holding AG
  • Tenschertstrasse 7
  • Vienna
  • Vienna
  • 1239
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OESDWBAG (Wiener Boerse AG)YesCommon StockATEURNov 2011

Biography

Österreichische Staatsdruckerei Holding AG prints and produces security ID documents worldwide. It offers ID documents, including epassports, identity cards, driver's licenses, evehicle registration cards, and visas/residence permits; identity management products comprising personalization, public administration, and cyber security products; and high security products, such as stamps, gift certificates, and other products. The company was founded in 1804 and 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 Analysis2020/03/18 22:46
End of Day Share Price2020/03/13 00:00
Earnings2019/09/30
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.