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OERL

OC OerlikonSWX:OERL Stock Report

Market Cap

CHF3.2b

7D

-2.2%

1Y

43.0%

Updated

22 Oct, 2021

Data

Company Financials +
OERL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health4/6
Dividends5/6

OERL Overview

OC Oerlikon Corporation AG provides advanced materials, surface technologies, processing equipment, and services worldwide.

OC Oerlikon Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OC Oerlikon
Historical stock prices
Current Share PriceCHF9.90
52 Week HighCHF6.19
52 Week LowCHF11.29
Beta1.57
1 Month Change-6.65%
3 Month Change-5.85%
1 Year Change42.99%
3 Year Change-11.18%
5 Year Change4.82%
Change since IPO-91.82%

Recent News & Updates

Aug 26
Is OC Oerlikon (VTX:OERL) A Risky Investment?

Is OC Oerlikon (VTX:OERL) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jul 12
What Does OC Oerlikon Corporation AG's (VTX:OERL) Share Price Indicate?

What Does OC Oerlikon Corporation AG's (VTX:OERL) Share Price Indicate?

OC Oerlikon Corporation AG ( VTX:OERL ), might not be a large cap stock, but it received a lot of attention from a...

Shareholder Returns

OERLCH MachineryCH Market
7D-2.2%-0.4%0.6%
1Y43.0%33.6%21.7%

Return vs Industry: OERL exceeded the Swiss Machinery industry which returned 32.2% over the past year.

Return vs Market: OERL exceeded the Swiss Market which returned 21.6% over the past year.

Price Volatility

Is OERL's price volatile compared to industry and market?
OERL volatility
OERL Beta1.57
Industry Beta0.99
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
190711,927Roland Fischerhttps://www.oerlikon.com

OC Oerlikon Corporation AG provides advanced materials, surface technologies, processing equipment, and services worldwide. The company operates in Surface Solutions and Manmade Fibers segments. The Surface Solutions segment supplies PVD coatings and other surface technologies for precision components, as well as metalworking and plastics processing tools under the Oerlikon Balzers brand; coating solutions, materials, and equipment for enhancing surfaces under the Oerlikon Metco brand; and industrial additive manufacturing solutions under the Oerlikon AM brand.

OC Oerlikon Fundamentals Summary

How do OC Oerlikon's earnings and revenue compare to its market cap?
OERL fundamental statistics
Market CapCHF3.22b
Earnings (TTM)CHF137.00m
Revenue (TTM)CHF2.41b

23.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OERL income statement (TTM)
RevenueCHF2.41b
Cost of RevenueCHF1.74b
Gross ProfitCHF674.00m
ExpensesCHF537.00m
EarningsCHF137.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)0.42
Gross Margin27.92%
Net Profit Margin5.68%
Debt/Equity Ratio51.6%

How did OERL perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

84%

Payout Ratio

Valuation

Is OC Oerlikon undervalued compared to its fair value and its price relative to the market?

44.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OERL (CHF9.9) is trading below our estimate of fair value (CHF17.92)

Significantly Below Fair Value: OERL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OERL is good value based on its PE Ratio (23.5x) compared to the Swiss Machinery industry average (28.2x).

PE vs Market: OERL is poor value based on its PE Ratio (23.5x) compared to the Swiss market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: OERL is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: OERL is good value based on its PB Ratio (2.3x) compared to the CH Machinery industry average (2.6x).


Future Growth

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

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OERL's forecast earnings growth (9.7% per year) is above the savings rate (-0.3%).

Earnings vs Market: OERL's earnings (9.7% per year) are forecast to grow faster than the Swiss market (9.3% per year).

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

Revenue vs Market: OERL's revenue (5.4% per year) is forecast to grow faster than the Swiss market (5.2% per year).

High Growth Revenue: OERL's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OERL's Return on Equity is forecast to be low in 3 years time (13.5%).


Past Performance

How has OC Oerlikon performed over the past 5 years?

26.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OERL has high quality earnings.

Growing Profit Margin: OERL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: OERL has become profitable over the past 5 years, growing earnings by 26.2% per year.

Accelerating Growth: OERL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: OERL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (47.6%).


Return on Equity

High ROE: OERL's Return on Equity (9.8%) is considered low.


Financial Health

How is OC Oerlikon's financial position?


Financial Position Analysis

Short Term Liabilities: OERL's short term assets (CHF1.6B) exceed its short term liabilities (CHF1.3B).

Long Term Liabilities: OERL's short term assets (CHF1.6B) exceed its long term liabilities (CHF1.5B).


Debt to Equity History and Analysis

Debt Level: OERL's debt to equity ratio (51.6%) is considered high.

Reducing Debt: OERL's debt to equity ratio has reduced from 52.3% to 51.6% over the past 5 years.

Debt Coverage: OERL's debt is well covered by operating cash flow (47.5%).

Interest Coverage: Insufficient data to determine if OERL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is OC Oerlikon current dividend yield, its reliability and sustainability?

3.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OERL's dividend (3.54%) is higher than the bottom 25% of dividend payers in the Swiss market (1.38%).

High Dividend: OERL's dividend (3.54%) is low compared to the top 25% of dividend payers in the Swiss market (3.63%).


Stability and Growth of Payments

Stable Dividend: OERL's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (83.9%), OERL's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OERL's dividends in 3 years are forecast to be covered by earnings (71.7% payout ratio).


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Roland Fischer (59 yo)

5.58yrs

Tenure

CHF3,281,000

Compensation

Dr. Roland Fischer serves as the Chief Executive Officer at OC Oerlikon Corporation AG since March 1, 2016. Dr. Fischer serves as the Chief Executive Officer of Surface Solutions Segment at OC Oerlikon Cor...


CEO Compensation Analysis

Compensation vs Market: Roland's total compensation ($USD3.58M) is above average for companies of similar size in the Swiss market ($USD1.36M).

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


Leadership Team

Experienced Management: OERL's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: OERL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

OC Oerlikon Corporation AG's employee growth, exchange listings and data sources


Key Information

  • Name: OC Oerlikon Corporation AG
  • Ticker: OERL
  • Exchange: SWX
  • Founded: 1907
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CHF3.224b
  • Shares outstanding: 325.82m
  • Website: https://www.oerlikon.com

Number of Employees


Location

  • OC Oerlikon Corporation AG
  • Churerstrasse 120
  • Pfäffikon
  • Zurich
  • 8808
  • Switzerland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 20:56
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
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.