WBAG:POST

Stock Analysis Report

Österreichische Post

Executive Summary

Österreichische Post AG, together with its subsidiaries, provides postal and parcel services in Austria, Germany, and Southeast and Eastern Europe.

Rewards

Trading at 23.5% below its fair value

Earnings are forecast to grow 1.7% per year

Risk Analysis

Dividend of 6.25% is not well covered by earnings



Snowflake Analysis

Fair value with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

1.1%

POST

0.8%

AT Logistics

-0.3%

AT Market


1 Year Return

7.9%

POST

23.9%

AT Logistics

7.3%

AT Market

Return vs Industry: POST underperformed the Austrian Logistics industry which returned 23.9% over the past year.

Return vs Market: POST matched the Austrian Market which returned 7.3% over the past year.


Shareholder returns

POSTIndustryMarket
7 Day1.1%0.8%-0.3%
30 Day-1.5%1.3%-1.9%
90 Day3.3%7.9%3.6%
1 Year14.1%7.9%27.5%23.9%11.2%7.3%
3 Year26.1%7.6%33.5%21.6%38.7%26.1%
5 Year12.9%-12.8%57.4%35.7%72.8%48.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

23.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: POST (€33.3) is trading below our estimate of fair value (€43.52)

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


Price To Earnings Ratio

PE vs Industry: POST is good value based on its PE Ratio (16.2x) compared to the Logistics industry average (16.3x).

PE vs Market: POST is poor value based on its PE Ratio (16.2x) compared to the Austrian market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: POST is poor value based on its PEG Ratio (9.6x)


Price to Book Ratio

PB vs Industry: POST is overvalued based on its PB Ratio (3.5x) compared to the XE Logistics industry average (2.6x).


Next Steps

Future Growth

How is Österreichische Post forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

1.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: POST's forecast earnings growth (1.7% per year) is above the savings rate (-0.1%).

Earnings vs Market: POST's earnings (1.7% per year) are forecast to grow slower than the Austrian market (9.1% per year).

High Growth Earnings: POST's earnings are forecast to grow, but not significantly.

Revenue vs Market: POST's revenue (1% per year) is forecast to grow slower than the Austrian market (2.8% per year).

High Growth Revenue: POST's revenue (1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: POST's Return on Equity is forecast to be low in 3 years time (19.6%).


Next Steps

Past Performance

How has Österreichische Post performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POST has high quality earnings.

Growing Profit Margin: POST's current net profit margins (6.8%) are lower than last year (8.4%).


Past Earnings Growth Analysis

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

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

Earnings vs Industry: POST had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Logistics industry average (10.4%).


Return on Equity

High ROE: POST's Return on Equity (21.7%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Österreichische Post's financial position?


Financial Position Analysis

Short Term Liabilities: POST's short term assets (€630.4M) do not cover its short term liabilities (€651.1M).

Long Term Liabilities: POST's short term assets (€630.4M) do not cover its long term liabilities (€682.1M).


Debt to Equity History and Analysis

Debt Level: POST's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: POST's debt to equity ratio has increased from 1.2% to 1.8% over the past 5 years.

Debt Coverage: POST's debt is well covered by operating cash flow (2324.8%).

Interest Coverage: POST earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: POST's debt is covered by short term assets (assets are 53.9x debt).


Next Steps

Dividend

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

6.25%

Current Dividend Yield


Dividend Yield vs Market

company6.2%marketbottom25%1.7%markettop25%4.3%industryaverage2.7%forecastin3Years6.4%

Current dividend yield vs market & industry

Notable Dividend: POST's dividend (6.25%) is higher than the bottom 25% of dividend payers in the Austrian market (1.71%).

High Dividend: POST's dividend (6.25%) is in the top 25% of dividend payers in the Austrian market (4.3%)


Stability and Growth of Payments

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

Growing Dividend: POST's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (101.5%), POST's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: POST's dividends in 3 years are forecast to be covered by earnings (87.2% payout ratio).


Next Steps

Management

What is the CEO of Österreichische Post's salary, the management and board of directors tenure and is there insider trading?

8.7yrs

Average management tenure


CEO

Georg Pölzl (62yo)

10.2yrs

Tenure

€2,611,500

Compensation

Mr. Georg Pölzl has been the Chief Executive Officer and Chairman of Management Board at Oesterreichische Post AG (also known as, Austrian Post) since October 1, 2009. Mr. Pölzl has been Spokesman of the M ...


CEO Compensation Analysis

Compensation vs Market: Georg's total compensation ($USD2.90M) is above average for companies of similar size in the Austrian market ($USD2.10M).

Compensation vs Earnings: Georg's compensation has been consistent with company performance over the past year.


Management Age and Tenure

8.7yrs

Average Tenure

55yo

Average Age

Experienced Management: POST's management team is seasoned and experienced (8.7 years average tenure).


Board Age and Tenure

5.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: POST's board of directors are considered experienced (5.2 years average tenure).


Insider Trading

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.


Management Team

  • Harald Hagenauer

    Head of Investor Relations

    • Tenure: 0yrs
  • Marc Zimmermann

    Head of Group Communications

    • Tenure: 0yrs
  • Georg Pölzl (62yo)

    Chairman of Management Board & CEO

    • Tenure: 10.2yrs
    • Compensation: €2.61m
  • Gabriela Zraunig (55yo)

    Head of Finance and Accounting

    • Tenure: 0yrs
  • Peter Umundum (55yo)

    Director of Parcel & Logistics Division and Member of Management Board

    • Tenure: 8.7yrs
    • Compensation: €1.51m
  • Walter Oblin (50yo)

    CFO and Deputy Chairman of the Management Board of Mail & Direct Mail

    • Tenure: 0.9yrs
    • Compensation: €1.63m
  • Robert Modliba

    Head of Production & Logistics - Mail and Branch Network Division

    • Tenure: 0yrs
  • Thomas Auböck

    Head of Sales

    • Tenure: 0yrs
  • Franz Nigl

    Head of Human Resources Management

    • Tenure: 0yrs
  • Anneliese Ettmayer

    Head of the Legal Department

    • Tenure: 0yrs

Board Members

  • Edith Hlawati (62yo)

    Chairwoman of the Supervisory Board

    • Tenure: 4.7yrs
    • Compensation: €56.00k
  • Peter Kruse (69yo)

    Independent Member of Supervisory Board

    • Tenure: 5.7yrs
    • Compensation: €53.20k
  • Manfred Wiedner (56yo)

    Member of Supervisory Board

    • Tenure: 20.8yrs
    • Compensation: €6.00k
  • Martin Palensky (56yo)

    Member of Supervisory Board

    • Tenure: 17.8yrs
    • Compensation: €4.80k
  • Helmut Köstinger (62yo)

    Member of Supervisory Board

    • Tenure: 14.7yrs
    • Compensation: €10.20k
  • Herta Stockbauer (59yo)

    Independent Member of Supervisory Board

    • Tenure: 4.7yrs
    • Compensation: €38.00k
  • Chris Muntwyler (67yo)

    Independent Member of Supervisory Board

    • Tenure: 9.7yrs
    • Compensation: €46.60k
  • Edeltraud Stiftinger (53yo)

    Deputy Chairwoman of Supervisory Board

    • Tenure: 4.7yrs
    • Compensation: €52.80k
  • Maria Klima (39yo)

    Member of Supervisory Board

    • Tenure: 1.2yrs
    • Compensation: €1.20k
  • Jochen Danninger (44yo)

    Member of Supervisory Board

    • Tenure: 1.7yrs
    • Compensation: €9.60k

Company Information

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


Key Information

  • Name: Österreichische Post AG
  • Ticker: POST
  • Exchange: WBAG
  • Founded:
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: €2.233b
  • Shares outstanding: 67.55m
  • Website: https://www.post.at

Number of Employees


Location

  • Österreichische Post AG
  • Rochusplatz 1
  • Vienna
  • Vienna
  • 1030
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
POSTWBAG (Wiener Boerse AG)YesBearer SharesATEURMay 2006
O3PDB (Deutsche Boerse AG)YesBearer SharesDEEURMay 2006
OERC.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDMay 2006
0NTMLSE (London Stock Exchange)YesBearer SharesGBEURMay 2006
O3PXTRA (XETRA Trading Platform)YesBearer SharesDEEURMay 2006
POSTVBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURMay 2006
POSTSWX (SIX Swiss Exchange)YesBearer SharesCHCHFMay 2006
OSTI.YOTCPK (Pink Sheets LLC)ADRUSUSDMar 2013

Biography

Österreichische Post AG, together with its subsidiaries, provides postal and parcel services in Austria, Germany, and Southeast and Eastern Europe. The company’s Mail & Branch Network segment engages in th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/08 20:52
End of Day Share Price2019/12/06 00:00
Earnings2019/09/30
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.