Etex N.V. manufactures and sells building materials worldwide. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Etex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine 094124453's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine 094124453's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: 094124453 underperformed the Belgian Building industry which returned 64.4% over the past year.
Return vs Market: 094124453 matched the Belgian Market which returned 30.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Etex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIf You Had Bought Etex (EBR:094124453) Stock Five Years Ago, You Could Pocket A 59% Gain Today
3 weeks ago | Simply Wall StEtex's (EBR:094124453) Solid Earnings Have Been Accounted For Conservatively
1 month ago | Simply Wall StIs Etex N.V. (EBR:094124453) A Smart Pick For Income Investors?
Is Etex 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: 094124453 (€17.3) is trading below our estimate of fair value (€127.79)
Significantly Below Fair Value: 094124453 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 094124453 is good value based on its PE Ratio (7x) compared to the XE Building industry average (25.2x).
PE vs Market: 094124453 is good value based on its PE Ratio (7x) compared to the Belgian market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 094124453's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 094124453 is good value based on its PB Ratio (1.2x) compared to the XE Building industry average (2.9x).
How is Etex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Etex 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.
How has Etex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 094124453 has high quality earnings.
Growing Profit Margin: 094124453's current net profit margins (7.4%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: 094124453's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: 094124453's earnings growth over the past year (10.3%) is below its 5-year average (19.7% per year).
Earnings vs Industry: 094124453 earnings growth over the past year (10.3%) exceeded the Building industry 8.3%.
Return on Equity
High ROE: 094124453's Return on Equity (16.8%) is considered low.
How is Etex's financial position?
Financial Position Analysis
Short Term Liabilities: 094124453's short term assets (€1.0B) exceed its short term liabilities (€903.9M).
Long Term Liabilities: 094124453's short term assets (€1.0B) exceed its long term liabilities (€794.1M).
Debt to Equity History and Analysis
Debt Level: 094124453's debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 094124453's debt to equity ratio has reduced from 110.7% to 26.8% over the past 5 years.
Debt Coverage: 094124453's debt is well covered by operating cash flow (136.9%).
Interest Coverage: 094124453's interest payments on its debt are well covered by EBIT (18.7x coverage).
What is Etex current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 094124453's dividend (4.05%) is higher than the bottom 25% of dividend payers in the Belgian market (1.79%).
High Dividend: 094124453's dividend (4.05%) is low compared to the top 25% of dividend payers in the Belgian market (4.44%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 094124453 has been paying a dividend for less than 10 years.
Growing Dividend: 094124453's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), 094124453's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Van Oyen
Mr. Paul Van Oyen has been the Chief Executive Officer of Etex N.V. since January 1, 2015 and served as its Managing Director and Head of Roofing a.i. Mr. Van Oyen served as Division Director of FPI at Ete...
Experienced Management: 094124453's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: 094124453's board of directors are considered experienced (6 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.
Etex N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Etex N.V.
- Ticker: 94124453
- Exchange: ENXTBR
- Founded: 1905
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: €1.352b
- Shares outstanding: 78.16m
- Website: https://www.etexgroup.com
Number of Employees
- Etex N.V.
- PassPort Building
- Luchthaven Brussel Nationaal, Gebouw 1K
- Flemish Brabant
Etex N.V. manufactures and sells building materials worldwide. It operates through four divisions: Building Performance, Exteriors, Industry, and New Ways. The company offers ducting, structural protection...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 19:28|
|End of Day Share Price||2021/05/04 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.