Zehnder Group
Market Cap
CHF426.6m
Last Updated
2019/08/24 22:17 UTC
Data Sources
Company Financials +
Executive Summary
Zehnder Group AG, through its subsidiaries, develops, produces, and markets indoor climate systems in Europe, North America, and China.
Snowflake
Fundamentals
Excellent balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has Zehnder Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.3%
SWX:ZEHN
0.6%
CH Building
0.4%
CH Market
1 Year Return
-18.3%
SWX:ZEHN
-1.9%
CH Building
2.3%
CH Market
ZEHN underperformed the Building industry which returned -1.9% over the past year.
ZEHN underperformed the Market in Switzerland which returned 2.3% over the past year.
Share holder returns
| ZEHN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | 0.6% | 0.4% |
| 30 Day | 6.5% | -6.2% | -1.2% |
| 90 Day | 10.2% | -1.6% | 1.0% |
| 1 Year | -16.3%-18.3% | 0.7%-1.9% | 7.6%2.3% |
| 3 Year | 4.4%-2.3% | 8.6%1.2% | 29.6%13.2% |
| 5 Year | 6.8%-2.1% | 59.1%37.2% | 32.1%11.6% |
Price Volatility Vs. Market
How volatile is Zehnder Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Is Zehnder Group AG's (VTX:ZEHN) 9.3% Worse Than Average?10 months ago | Simply Wall St
What Should Investors Know About Zehnder Group AG's (VTX:ZEHN) Capital Returns?1 year ago | Simply Wall St
Who Really Owns Zehnder Group AG (VTX:ZEHN)?Valuation
Is Zehnder Group undervalued based on future cash flows and its price relative to the stock market?
35%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Zehnder Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
Zehnder Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Zehnder Group is good value based on earnings compared to the CH Building industry average.
Zehnder Group is good value based on earnings compared to the Switzerland market.
Price Based on Expected Growth
Zehnder Group is poor value based on expected growth next year.
Price Based on Value of Assets
Zehnder Group is good value based on assets compared to the CH Building industry average.
Next Steps
Future Growth
How is Zehnder Group expected to perform in the next 1 to 3 years based on estimates from 4 analysts?
14.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Zehnder Group's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).
Zehnder Group's earnings are expected to grow by 14.7% yearly, however this is not considered high growth (20% yearly).
Zehnder Group's revenue growth is positive but not above the Switzerland market average.
Zehnder Group's earnings growth is expected to exceed the Switzerland market average.
Zehnder Group's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Earnings per Share Growth Estimates
Future Return on Equity
Zehnder Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Zehnder Group performed over the past 5 years?
5.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Zehnder Group's year on year earnings growth rate has been positive over the past 5 years.
Zehnder Group's 1-year earnings growth is less than its 5-year average (4.6% vs 5.4%)
Zehnder Group's earnings growth has exceeded the CH Building industry average in the past year (4.6% vs 2.2%).
Return on Equity
Zehnder Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Zehnder Group used its assets less efficiently than the CH Building industry average last year based on Return on Assets.
Return on Capital Employed
Zehnder Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Zehnder Group's financial position?
Financial Position Analysis
Zehnder Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Zehnder Group's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Zehnder Group's level of debt (12.3%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has increased over the past 5 years (11.3% vs 12.3% today).
Debt is well covered by operating cash flow (107.5%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 170.5x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 7.1x debt.
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Dividend
What is Zehnder Group's current dividend yield, its reliability and sustainability?
3.21%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Zehnder Group's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (2%).
Zehnder Group's dividend is below the markets top 25% of dividend payers in Switzerland (3.85%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
Next Steps
Management
What is the CEO of Zehnder Group's salary, the management and board of directors tenure and is there insider trading?
4.0yrs
Average management tenure
CEO
Matthias Huenerwadel (51yo)
0.8yrs
Tenure
Mr. Matthias P. Huenerwadel has been the Chairman of the Group Executive Committee and Chief Executive Officer of Zehnder Group AG since January 1, 2019 and November 12, 2018 respectively. Mr. Huenerwadel ...
Management Age and Tenure
4.0yrs
Average Tenure
50.5yo
Average Age
The tenure for the Zehnder Group management team is about average.
Board Age and Tenure
5.0yrs
Average Tenure
58yo
Average Age
The tenure for the Zehnder Group board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Matthias Huenerwadel (51yo)
Chairman of the Group Executive Committee & CEO
- Tenure: 0.8yrs
Thomas Mathys
Head of Group Finance
- Tenure: 0.0yrs
Christian Hummel
Head of Group Controlling
- Tenure: 0.0yrs
Josef Brügger (59yo)
Head of Internal Audit & Compliance
- Tenure: 0.0yrs
Tomasz Juda (50yo)
Head of Competence Center Radiators
- Tenure: 4.8yrs
René Grieder (40yo)
Chief Financial Officer
- Tenure: 4.0yrs
Franz Furrer
Head of Group IT
- Tenure: 0.0yrs
Markus Inäbnit
Head of Group Human Resources
- Tenure: 0.0yrs
Ulrich Peuckert
Head of Group Logistics
- Tenure: 0.0yrs
Matthäus Urwyler
Head of Customer Excellence
- Tenure: 0.0yrs
Board Members
Riet Cadonau (58yo)
Non-Executive Director
- Tenure: 6.3yrs
- Compensation: €145.71k
Thomas Benz (72yo)
Deputy Chairman
- Tenure: 6.6yrs
- Compensation: €154.37k
Hans-Peter Zehnder (65yo)
Chairman of the Board of Directors
- Tenure: 26.6yrs
- Compensation: €783.39k
Ivo Wechsler (50yo)
Director
- Tenure: 0.4yrs
Urs Buchmann (62yo)
Non-Executive Director
- Tenure: 9.6yrs
- Compensation: €156.88k
Daniel Frutig (57yo)
Director
- Tenure: 0.4yrs
Jörg Walther (58yo)
Director
- Tenure: 3.6yrs
- Compensation: €294.01k
Milva Zehnder (34yo)
Director
- Tenure: 3.6yrs
- Compensation: €106.62k
Company Information
Zehnder Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zehnder Group AG
- Ticker: ZEHN
- Exchange: SWX
- Founded: 1895
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: CHF426.591m
- Shares outstanding: 11.61m
- Website: https://www.zehndergroup.com
Number of Employees
Location
- Zehnder Group AG
- Moortalstrasse 1
- Granichen
- Aargau
- 5722
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZEHN | SWX (SIX Swiss Exchange) | Yes | Registered Shares A Shares | CH | CHF | Jun 1994 |
| ZEH2 | DB (Deutsche Boerse AG) | Yes | Registered Shares A Shares | DE | EUR | Jun 1994 |
| ZEH2 | BST (Boerse-Stuttgart) | Yes | Registered Shares A Shares | DE | EUR | Jun 1994 |
| 0R6S | LSE (London Stock Exchange) | Yes | Registered Shares A Shares | GB | CHF | Jun 1994 |
Biography
Zehnder Group AG, through its subsidiaries, develops, produces, and markets indoor climate systems in Europe, North America, and China. The company offers decorative radiators, heating and cooling ceiling ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/24 22:17 |
| End of Day Share Price | 2019/08/23 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.