SWX:GEBN

Stock Analysis Report

Executive Summary

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry worldwide.

Snowflake

Fundamentals

Established dividend payer with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.8%

SWX:GEBN

0.2%

CH Building

0.5%

CH Market


1 Year Return

0.2%

SWX:GEBN

0.3%

CH Building

3.1%

CH Market

GEBN matched the Building industry (0.3%) over the past year.

GEBN underperformed the Market in Switzerland which returned 3.1% over the past year.


Share holder returns

GEBNIndustryMarket
7 Day-0.8%0.2%0.5%
30 Day-5.6%-6.2%-0.8%
90 Day-5.0%-3.4%1.9%
1 Year2.8%0.2%2.9%0.3%8.4%3.1%
3 Year9.7%1.7%10.5%3.0%30.6%17.3%
5 Year56.8%38.8%60.7%38.6%33.2%12.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Geberit undervalued based on future cash flows and its price relative to the stock market?

25.58x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Geberit's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Geberit's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Geberit is overvalued based on earnings compared to the CH Building industry average.

Geberit is overvalued based on earnings compared to the Switzerland market.


Price Based on Expected Growth

Geberit is poor value based on expected growth next year.


Price Based on Value of Assets

Geberit is overvalued based on assets compared to the CH Building industry average.


Next Steps

Future Growth

How is Geberit expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

2.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Geberit's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).

Geberit's earnings are expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).

Geberit's revenue growth is expected to exceed the Switzerland market average.

Geberit's earnings growth is positive but not above the Switzerland market average.

Geberit's earnings growth is positive but not above the low risk savings rate of 3.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Geberit is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Geberit performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Geberit's year on year earnings growth rate has been positive over the past 5 years.

Geberit's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Geberit's 1-year earnings growth is negative, it can't be compared to the CH Building industry average.


Return on Equity

Geberit has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Geberit used its assets more efficiently than the CH Building industry average last year based on Return on Assets.


Return on Capital Employed

Geberit has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Geberit's financial position?


Financial Position Analysis

Geberit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Geberit's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Geberit's level of debt (57.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (0.6% vs 57.7% today).

Debt is well covered by operating cash flow (84.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 86.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

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

2.72%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Geberit's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2%).

Geberit's dividend is below the markets top 25% of dividend payers in Switzerland (3.85%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.5x coverage).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Christian Buhl (46yo)

4.6yrs

Tenure

CHF2,502,689

Compensation

Dr. Christian Buhl serves as Chairman of the Group Executive Board at Geberit AG and has been its Member of the Group Executive Board since 2015. Dr. Buhl has been the Chief Executive Officer of Geberit AG ...


CEO Compensation Analysis

Christian's remuneration is lower than average for companies of similar size in Switzerland.

Christian's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.5yrs

Average Tenure

52.5yo

Average Age

The tenure for the Geberit management team is about average.


Board Age and Tenure

4.6yrs

Average Tenure

62yo

Average Age

The tenure for the Geberit board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Roland Iff (58yo)

    CFO, Head of Group Division Finance & Member of the Group Executive Board

    • Tenure: 14.6yrs
  • Albrecht Riebel (55yo)

    Head of Legal Services

    • Tenure: 0.0yrs
  • Roman Sidler

    Head of Corporate Communications & Investor Relations

    • Tenure: 0.0yrs
  • Egon Renfordt-Sasse (62yo)

    Head of Group Division Product Management & Innovation and Member of the Group Executive Board

    • Tenure: 4.5yrs
  • Christian Buhl (46yo)

    Chairman of the Group Executive Board & CEO

    • Tenure: 4.6yrs
    • Compensation: CHF2.50m
  • Karl Spachmann (61yo)

    Head of Group Division Sales Europe & Member of the Group Executive Board

    • Tenure: 8.6yrs
  • Martin Baumüller (42yo)

    Head of the Group Division Marketing & Brands and Member of the Group Executive Board

    • Tenure: 2.9yrs
  • Ronald van Triest (50yo)

    Head of Group Division Sales International & Member of the Group Executive Board

    • Tenure: 4.2yrs
  • Martin Ziegler (50yo)

    Head of Group Division Operations & Member of Group Executive Board

    • Tenure: 1.6yrs
  • Felix Klaiber

    Head of Technology/Innovation

    • Tenure: 0.0yrs

Board Members

  • Thomas Hübner (61yo)

    Non-Executive Independent Director

    • Tenure: 4.6yrs
    • Compensation: CHF245.71k
  • Felix Ehrat (62yo)

    Non-Executive Independent Director

    • Tenure: 6.6yrs
    • Compensation: CHF261.35k
  • Albert Baehny (67yo)

    Independent Non-Executive Chairman

    • Tenure: 4.6yrs
    • Compensation: CHF941.61k
  • Hartmut Reuter (62yo)

    Vice Chairman

    • Tenure: 3.3yrs
    • Compensation: CHF350.14k
  • Eunice Zehnder-Lai (52yo)

    Non-Executive Independent Director

    • Tenure: 2.3yrs
    • Compensation: CHF245.71k

Company Information

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


Key Information

  • Name: Geberit AG
  • Ticker: GEBN
  • Exchange: SWX
  • Founded: 1874
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: CHF15.698b
  • Shares outstanding: 36.04m
  • Website: https://www.geberit.com

Number of Employees


Location

  • Geberit AG
  • Schachenstrasse 77
  • Rapperswil-Jona
  • St. Gallen
  • 8645
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBRAXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJun 1999
GEBNSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJun 1999
GBER.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1999
0QQ2LSE (London Stock Exchange)YesOrdinary SharesGBCHFJun 1999
GBRADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1999
GBER.YOTCPK (Pink Sheets LLC)UNSP ADR EA REPR 0.1 ORDUSUSDMar 2010
GBRFDB (Deutsche Boerse AG)UNSP ADR EA REPR 0.1 ORDDEEURMar 2010
GEBNESWX (SIX Swiss Exchange)CHF0.1 2ND LINECHCHFJun 2017

Biography

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry worldwide. The company offers sanitary systems, such as installation sy ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 21:04
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
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.