SWX:INRN

Stock Analysis Report

Executive Summary

Interroll Holding AG provides products and services for internal logistics worldwide.

Rewards

Earnings are forecast to grow 6.15% per year

Earnings grew by 32.9% over the past year

Risk Analysis

No risks detected for INRN from our risk checks.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

5.2%

INRN

0.4%

CH Machinery

1.0%

CH Market


1 Year Return

11.6%

INRN

7.6%

CH Machinery

17.9%

CH Market

Return vs Industry: INRN exceeded the Swiss Machinery industry which returned 7.6% over the past year.

Return vs Market: INRN underperformed the Swiss Market which returned 17.9% over the past year.


Shareholder returns

INRNIndustryMarket
7 Day5.2%0.4%1.0%
30 Day-6.4%-3.0%2.2%
90 Day0.5%1.4%7.3%
1 Year12.7%11.6%10.7%7.6%23.6%17.9%
3 Year74.5%68.9%24.1%15.3%41.3%24.0%
5 Year350.6%324.0%60.3%36.9%47.5%24.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

30.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: INRN (CHF2035) is trading above our estimate of fair value (CHF1068.23)

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


Price To Earnings Ratio

PE vs Industry: INRN is poor value based on its PE Ratio (30.4x) compared to the Machinery industry average (22.6x).

PE vs Market: INRN is poor value based on its PE Ratio (30.4x) compared to the Swiss market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: INRN is poor value based on its PEG Ratio (4.9x)


Price to Book Ratio

PB vs Industry: INRN is overvalued based on its PB Ratio (6.1x) compared to the CH Machinery industry average (2.5x).


Next Steps

Future Growth

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

6.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INRN's forecast earnings growth (6.1% per year) is above the savings rate (-0.6%).

Earnings vs Market: INRN's earnings (6.1% per year) are forecast to grow slower than the Swiss market (10.5% per year).

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

Revenue vs Market: INRN's revenue (8.4% per year) is forecast to grow faster than the Swiss market (3.3% per year).

High Growth Revenue: INRN's revenue (8.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INRN's Return on Equity is forecast to be low in 3 years time (19.3%).


Next Steps

Past Performance

How has Interroll Holding performed over the past 5 years?

20.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INRN has high quality earnings.

Growing Profit Margin: INRN's current net profit margins (9.7%) are higher than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: INRN's earnings have grown significantly by 20.8% per year over the past 5 years.

Accelerating Growth: INRN's earnings growth over the past year (32.9%) exceeds its 5-year average (20.8% per year).

Earnings vs Industry: INRN earnings growth over the past year (32.9%) exceeded the Machinery industry 2.7%.


Return on Equity

High ROE: INRN's Return on Equity (20%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Interroll Holding's financial position?


Financial Position Analysis

Short Term Liabilities: INRN's short term assets (CHF288.5M) exceed its short term liabilities (CHF140.9M).

Long Term Liabilities: INRN's short term assets (CHF288.5M) exceed its long term liabilities (CHF30.4M).


Debt to Equity History and Analysis

Debt Level: INRN's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: INRN's debt to equity ratio has reduced from 2.9% to 0.1% over the past 5 years.

Debt Coverage: INRN's debt is well covered by operating cash flow (27118%).

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


Balance Sheet

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

Debt Coverage by Assets: INRN's debt is covered by short term assets (assets are 1019.3x debt).


Next Steps

Dividend

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

1.08%

Current Dividend Yield


Dividend Yield vs Market

company1.1%marketbottom25%1.7%markettop25%3.3%industryaverage2.2%forecastin3Years1.2%

Current dividend yield vs market & industry

Notable Dividend: INRN's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.71%).

High Dividend: INRN's dividend (1.08%) is low compared to the top 25% of dividend payers in the Swiss market (3.34%).


Stability and Growth of Payments

Stable Dividend: INRN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: INRN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: INRN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INRN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

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

9.1yrs

Average management tenure


CEO

Paul Zumbühl (62yo)

20.1yrs

Tenure

CHF1,833,000

Compensation

Mr. Paul Zumbühl, Dipl. Ing., MBA, has been the Chief Executive Officer of Interroll Holding AG since January 1, 2000. He serves as Interim Chief Financial Officer at Interroll Holding AG since December 1, ...


Leadership Team

NamePositionTenureCompensationOwnership
Ingo Specht
Secretary14.1yrsCHF82.00k7.58% CHF129.7m
Paul Zumbühl
CEO & Interim CFO20.1yrsCHF1.83m2.56% CHF43.8m
Jens Strüwing
Executive VP and Head of Products & Technology0yrsno datano data
Martin Regnet
Global PR Manager0yrsno datano data
Christoph Reinkemeier
Executive VP and Head of Global Sales & Service9.1yrsno data0.085% CHF1.5m
Jens Karolyi
Senior Vice President of Corporate Marketing & Culture9.1yrsno data0.016% CHF270.7k
Ben Xia
Executive Vice President of Operations - Asia6.7yrsno data0.057% CHF980.9k
Richard Keely
Executive Vice President of Operations - Americas1.9yrsno data0.0047% CHF81.3k

9.1yrs

Average Tenure

53yo

Average Age

Experienced Management: INRN's management team is seasoned and experienced (9.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ingo Specht
Secretary14.1yrsCHF82.00k7.58% CHF129.7m
Philippe Dubois
Director17.1yrsCHF88.00k0.012% CHF203.6k
Paolo Bottini
Vice Chairman0yrsCHF122.00k0.0024% CHF40.8k
Urs Tanner
Chairman3.8yrsCHF236.00kno data
Stefano Mercorio
Director6.8yrsCHF96.00kno data
Elena Cortona
Director0.8yrsno datano data

6.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: INRN's board of directors are considered experienced (6.8 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

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


Key Information

  • Name: Interroll Holding AG
  • Ticker: INRN
  • Exchange: SWX
  • Founded: 1959
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CHF1.712b
  • Shares outstanding: 841.37k
  • Website: https://www.interroll.com

Number of Employees


Location

  • Interroll Holding AG
  • Via Gorelle 3
  • Sant'Antonino
  • Ticino
  • 6592
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INRNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJul 1997
0QN2LSE (London Stock Exchange)YesRegistered SharesGBCHFJul 1997
I3HDB (Deutsche Boerse AG)YesRegistered SharesDEEURJul 1997

Biography

Interroll Holding AG provides products and services for internal logistics worldwide. The company’s products include rollers, drives, conveyors and sorters, and pallet and carton flow products. It offers driven conveyor rollers, control systems, and drum motors; conveyors and sorters, including cross-belt sorters, belt curves, modular conveyor platforms with roller and belt conveyors, and other modules; and storage solutions for pallets and parcel packaging. The company’s products and services are used in courier, express, and parcel services; airports; e-commerce; tire and automotive; industrial production; food and beverage centers; and distribution and warehouse centers. It serves plant manufacturers, original equipment manufacturers, system integrators, and end users. Interroll Holding AG was founded in 1959 and is headquartered in Sant'Antonino, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 20:35
End of Day Share Price2020/02/14 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.