Umicore
Market Cap
€8.7b
Last Updated
2019/10/23 20:36 UTC
Data Sources
Company Financials +
Executive Summary
Umicore S.A. operates as a materials technology and recycling company worldwide.
Snowflake
Fundamentals
Established dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Umicore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.03%
UMI
0.5%
BE Chemicals
-0.4%
BE Market
1 Year Return
-7.8%
UMI
-3.9%
BE Chemicals
10.9%
BE Market
Return vs Industry: UMI underperformed the Belgian Chemicals industry which returned -3.9% over the past year.
Return vs Market: UMI underperformed the Belgian Market which returned 10.9% over the past year.
Shareholder returns
| UMI | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.03% | 0.5% | -0.4% |
| 30 Day | 9.7% | 3.3% | -1.7% |
| 90 Day | 32.0% | 10.3% | -0.4% |
| 1 Year | -6.1%-7.8% | -1.6%-3.9% | 13.3%10.9% |
| 3 Year | 38.8%32.7% | 14.0%7.3% | -4.0%-10.5% |
| 5 Year | 154.1%133.7% | 44.4%22.1% | 27.1%12.2% |
Price Volatility Vs. Market
How volatile is Umicore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Umicore SA (EBR:UMI) Could Be Worth Watching4 weeks ago | Simply Wall St
How Does Umicore's (EBR:UMI) P/E Compare To Its Industry, After Its Big Share Price Gain?1 month ago | Simply Wall St
Does Umicore SA's (EBR:UMI) CEO Pay Reflect Performance?Valuation
Is Umicore undervalued compared to its fair value and its price relative to the market?
28.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: UMI (€36.3) is trading above our estimate of fair value (€10.75)
Significantly Below Fair Value: UMI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: UMI is poor value based on its PE Ratio (28.7x) compared to the Chemicals industry average (16.1x).
PE vs Market: UMI is poor value based on its PE Ratio (28.7x) compared to the Belgian market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: UMI is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: UMI is overvalued based on its PB Ratio (3.4x) compared to the BE Chemicals industry average (1.7x).
Next Steps
Future Growth
How is Umicore forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
17.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UMI's forecast earnings growth (17.9% per year) is above the savings rate (0.8%).
Earnings vs Market: UMI's earnings (17.9% per year) are forecast to grow faster than the Belgian market (6.4% per year).
High Growth Earnings: UMI's earnings are forecast to grow, but not significantly.
Revenue vs Market: UMI's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: UMI's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UMI's Return on Equity is forecast to be low in 3 years time (14.7%).
Next Steps
Past Performance
How has Umicore performed over the past 5 years?
15.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: UMI's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: UMI's earnings growth over the past year (14.7%) is below its 5-year average (15.9% per year).
Earnings vs Industry: UMI earnings growth over the past year (14.7%) underperformed the Chemicals industry 21%.
Return on Equity
High ROE: UMI's Return on Equity (11.8%) is considered low.
Return on Assets
ROA vs Industry: UMI has a higher Return on Assets than the Chemicals industry average last year.
Return on Capital Employed
ROCE Improving: UMI has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Umicore's financial position?
Financial Position Analysis
Short Term Liabilities: UMI's short term assets (€3.8B) exceeds its short term liabilities (€2.3B)
Long Term Liabilities: UMI's short term assets (3.8B) exceeds its long term liabilities (1.3B)
Debt to Equity History and Analysis
Debt Level: UMI's debt to equity ratio (52.3%) is considered high
Reducing Debt: UMI's debt to equity ratio has increased from 19.2% to 52.3% over the past 5 years.
Debt Coverage: UMI's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: UMI's interest payments on its debt are well covered by EBIT (13.7x coverage).
Balance Sheet
Inventory Level: UMI has a high level of physical assets or inventory.
Debt Coverage by Assets: UMI's debt is covered by short term assets (assets are 2.7x debt).
Next Steps
Dividend
What is Umicore's current dividend yield, its reliability and sustainability?
2.13%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: UMI's dividend (2.13%) is higher than the bottom 25% of dividend payers in the Belgian market (2.13%).
High Dividend: UMI's dividend (2.13%) is low compared to the top 25% of dividend payers in the Belgian market (4.39%).
Stable Dividend: UMI's dividends per share have been stable in the past 10 years.
Growing Dividend: UMI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.3%), UMI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UMI's dividends in 3 years are forecast to be well covered by earnings (45.8% payout ratio).
Next Steps
Management
What is the CEO of Umicore's salary, the management and board of directors tenure and is there insider trading?
5.8yrs
Average management tenure
CEO
Marc Grynberg (54yo)
10.9yrs
Tenure
€2,672,410
Compensation
Mr. Marc Grynberg has been the Chief Executive Officer of Umicore S.A. since November 2008 and has been its Executive Director since November 19, 2008. Mr. Grynberg serves as Chief Executive Officer of Umi ...
CEO Compensation Analysis
Compensation vs. Market: Marc's total compensation ($USD2.97M) is about average for companies of similar size in the Belgian market ($USD2.56M).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.8yrs
Average Tenure
50yo
Average Age
Experienced Management: UMI's management team is seasoned and experienced (5.8 years average tenure).
Board Age and Tenure
4.5yrs
Average Tenure
57.5yo
Average Age
Experienced Board: UMI's board of directors are considered experienced (4.5 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
Management Team
Marc Grynberg (54yo)
CEO & Executive Director
- Tenure: 10.9yrs
- Compensation: €2.67m
Filip Platteeuw (47yo)
Chief Financial Officer
- Tenure: 6.9yrs
Jan Vliegen
Senior Vice President of Strategic Developments Energy & Surface Technology
- Tenure: 0yrs
Stephan Csoma (55yo)
Executive Vice President of Recycling
- Tenure: 14.8yrs
Ignace de Ruijter
Senior Vice-President of Human Resources
- Tenure: 0yrs
Géraldine Nolens (48yo)
Executive VP of Legal
- Tenure: 4.8yrs
Tim Weekes
Director of Group Communications
- Tenure: 0yrs
Denis Goffaux (52yo)
Executive Vice-President of Energy & Surface Technologies
- Tenure: 1.5yrs
An Steegen (48yo)
Chief Technology Officer
- Tenure: 1yrs
Evelien Goovaerts
Head of Investor Relations
- Tenure: 0yrs
Board Members
Eric Meurice (63yo)
Independent Non-Executive Director
- Tenure: 4.5yrs
- Compensation: €90.84k
Gérard Lamarche (58yo)
Non-Executive Director
- Tenure: 2.5yrs
- Compensation: €94.34k
Thomas Leysen (59yo)
Chairman of the Board
- Tenure: 10.9yrs
- Compensation: €212.24k
Marc Grynberg (54yo)
CEO & Executive Director
- Tenure: 10.9yrs
- Compensation: €2.67m
Françoise Chombar (57yo)
Independent Non-Executive Director
- Tenure: 3.5yrs
- Compensation: €101.34k
Karel Vinck (81yo)
Honorary Chairman
- Tenure: 0yrs
- Compensation: €138.00k
Ines Kolmsee (49yo)
Independent Non-Executive Director
- Tenure: 8.5yrs
- Compensation: €125.84k
Marc Van Sande (67yo)
Board Advisor
- Tenure: 0yrs
Marc Garrett (57yo)
Independent Non-Executive Director
- Tenure: 4.5yrs
- Compensation: €105.84k
Liat Ben-Zur (43yo)
Independent Non-Executive Director
- Tenure: 2.5yrs
- Compensation: €90.84k
Company Information
Umicore SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Umicore SA
- Ticker: UMI
- Exchange: ENXTBR
- Founded: 1906
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: €8.731b
- Shares outstanding: 240.53m
- Website: https://www.umicore.com
Number of Employees
Location
- Umicore SA
- Rue du Marais 31 Broekstraat
- Brussels
- Brussels
- 1000
- Belgium
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UMIC.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jan 1992 |
| NVJP | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jan 1992 |
| UMI | ENXTBR (Euronext Brussels) | Yes | Bearer Shares | BE | EUR | Jan 1992 |
| 0RUY | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| UMIB | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| UMI | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Jan 1992 |
| 97432052 | ENXTBR (Euronext Brussels) | Yes | Bearer Shares | BE | EUR | Jan 1992 |
| UMIB | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| UMI N | BMV (Bolsa Mexicana de Valores) | Yes | Bearer Shares | MX | MXN | Jan 1992 |
| UMIC.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Mar 2010 |
Biography
Umicore S.A. operates as a materials technology and recycling company worldwide. Its Catalysis segment produces automotive catalysts for gasoline and diesel light and heavy duty diesel applications; statio ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 20:36 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.