SWX:DAE

Stock Analysis Report

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Market Cap

CHF5.1b

Last Updated

2021/06/14 22:47 UTC

Data Sources

Company Financials +

Executive Summary

Dätwyler Holding AG manufactures and sells elastomer components for health care, mobility, oil and gas, and food and beverage industries worldwide. More Details

Rewards

Earnings are forecast to grow 14.34% per year

Earnings grew by 23.4% over the past year

Risk Analysis

No risks detected for DAE from our risk checks.


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DAE is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: DAE's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

DAE

1.1%

CH Machinery

1.8%

CH Market


1 Year Return

70.6%

DAE

41.4%

CH Machinery

21.7%

CH Market

Return vs Industry: DAE exceeded the Swiss Machinery industry which returned 41.4% over the past year.

Return vs Market: DAE exceeded the Swiss Market which returned 21.7% over the past year.


Shareholder returns

DAEIndustryMarket
7 Day0.3%1.1%1.8%
30 Day2.7%5.5%6.8%
90 Day6.9%3.6%8.4%
1 Year72.6%70.6%43.8%41.4%25.2%21.7%
3 Year65.6%56.8%29.1%18.9%45.7%29.7%
5 Year132.2%113.4%92.5%70.2%72.3%40.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

43.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DAE (CHF302) is trading above our estimate of fair value (CHF227.72)

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


Price To Earnings Ratio

PE vs Industry: DAE is poor value based on its PE Ratio (43.2x) compared to the Swiss Machinery industry average (37.8x).

PE vs Market: DAE is poor value based on its PE Ratio (43.2x) compared to the Swiss market (25.1x).


Price to Earnings Growth Ratio

PEG Ratio: DAE is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: DAE is overvalued based on its PB Ratio (7x) compared to the CH Machinery industry average (2.8x).


Future Growth

How is Dätwyler Holding forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

14.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAE's forecast earnings growth (14.3% per year) is above the savings rate (-0.3%).

Earnings vs Market: DAE's earnings (14.3% per year) are forecast to grow faster than the Swiss market (11.5% per year).

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

Revenue vs Market: DAE's revenue (9% per year) is forecast to grow faster than the Swiss market (4.7% per year).

High Growth Revenue: DAE's revenue (9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DAE's Return on Equity is forecast to be low in 3 years time (19.1%).


Past Performance

How has Dätwyler Holding performed over the past 5 years?

-13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DAE has high quality earnings.

Growing Profit Margin: DAE's current net profit margins (11.7%) are higher than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: DAE's earnings have declined by 13.2% per year over the past 5 years.

Accelerating Growth: DAE's earnings growth over the past year (23.4%) exceeds its 5-year average (-13.2% per year).

Earnings vs Industry: DAE earnings growth over the past year (23.4%) exceeded the Machinery industry -8.3%.


Return on Equity

High ROE: DAE's Return on Equity (16.2%) is considered low.


Financial Health

How is Dätwyler Holding's financial position?


Financial Position Analysis

Short Term Liabilities: DAE's short term assets (CHF497.7M) exceed its short term liabilities (CHF199.6M).

Long Term Liabilities: DAE's short term assets (CHF497.7M) exceed its long term liabilities (CHF172.2M).


Debt to Equity History and Analysis

Debt Level: DAE's debt to equity ratio (27.9%) is considered satisfactory.

Reducing Debt: DAE's debt to equity ratio has increased from 23.5% to 27.9% over the past 5 years.

Debt Coverage: DAE's debt is well covered by operating cash flow (90.3%).

Interest Coverage: DAE's interest payments on its debt are well covered by EBIT (16.1x coverage).


Balance Sheet


Dividend

What is Dätwyler Holding current dividend yield, its reliability and sustainability?

1.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DAE's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.42%).

High Dividend: DAE's dividend (1.06%) is low compared to the top 25% of dividend payers in the Swiss market (3.42%).


Stability and Growth of Payments

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

Growing Dividend: DAE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.8%), DAE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DAE's dividends in 3 years are forecast to be well covered by earnings (39.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Dirk Lambrecht (61 yo)

4.42yrs

Tenure

CHF2,365,720

Compensation

Mr. Dirk Lambrecht has been Chief Executive Officer at Dätwyler Holding Inc. since January 2017 and serves as Member of Executive Board and is also its Head of Business Area Industrial Solutions since 2021...


CEO Compensation Analysis

Compensation vs Market: Dirk's total compensation ($USD2.63M) is about average for companies of similar size in the Swiss market ($USD2.14M).

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


Leadership Team

Experienced Management: DAE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: DAE's board of directors are considered experienced (5.4 years average tenure).


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

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


Key Information

  • Name: Dätwyler Holding AG
  • Ticker: DAE
  • Exchange: SWX
  • Founded: 1915
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CHF5.134b
  • Shares outstanding: 17.00m
  • Website: https://www.datwyler.com

Number of Employees


Location

  • Dätwyler Holding AG
  • Gotthardstrasse 31
  • Altdorf
  • Uri
  • 6460
  • Switzerland

Listings


Biography

Dätwyler Holding AG manufactures and sells elastomer components for health care, mobility, oil and gas, and food and beverage industries worldwide. It operates through Healthcare Solutions and Industrial S...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 22:47
End of Day Share Price2021/06/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.