SWX:ZWM

Stock Analysis Report

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Executive Summary

Zwahlen & Mayr SA engages in the steel construction and welded stainless steel tubes production businesses in Switzerland and internationally.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Zwahlen & Mayr's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ZWM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.2%

ZWM

3.8%

CH Construction

0.4%

CH Market


1 Year Return

-30.4%

ZWM

-6.9%

CH Construction

2.5%

CH Market

Return vs Industry: ZWM underperformed the Swiss Construction industry which returned -7.6% over the past year.

Return vs Market: ZWM underperformed the Swiss Market which returned 2.9% over the past year.


Shareholder returns

ZWMIndustryMarket
7 Day-5.2%3.8%0.4%
30 Day-10.4%6.7%2.5%
90 Day-27.6%-11.8%-2.7%
1 Year-30.4%-30.4%-5.0%-6.9%5.8%2.5%
3 Year4.0%4.0%-8.6%-16.5%16.0%4.1%
5 Year-10.1%-10.1%20.9%1.0%28.7%7.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Zwahlen & Mayr undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZWM (CHF181) is trading below our estimate of fair value (CHF669.11)

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


Price To Earnings Ratio

PE vs Industry: ZWM is good value based on its PE Ratio (11x) compared to the Construction industry average (11x).

PE vs Market: ZWM is good value based on its PE Ratio (11x) compared to the Swiss market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ZWM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZWM is good value based on its PB Ratio (0.3x) compared to the XE Construction industry average (1x).


Next Steps

Future Growth

How is Zwahlen & Mayr forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zwahlen & Mayr has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Zwahlen & Mayr performed over the past 5 years?

58.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZWM has high quality earnings.

Growing Profit Margin: ZWM's current net profit margins (2%) are lower than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: ZWM has become profitable over the past 5 years, growing earnings by 58.8% per year.

Accelerating Growth: ZWM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ZWM had negative earnings growth (-50.5%) over the past year, making it difficult to compare to the Construction industry average (6.9%).


Return on Equity

High ROE: ZWM's Return on Equity (2.9%) is considered low.


Next Steps

Financial Health

How is Zwahlen & Mayr's financial position?


Financial Position Analysis

Short Term Liabilities: ZWM's short term assets (CHF31.5M) exceed its short term liabilities (CHF9.7M).

Long Term Liabilities: ZWM's short term assets (CHF31.5M) exceed its long term liabilities (CHF6.7M).


Debt to Equity History and Analysis

Debt Level: ZWM's debt to equity ratio (4.8%) is considered satisfactory.

Reducing Debt: ZWM's debt to equity ratio has reduced from 40.9% to 4.8% over the past 5 years.

Debt Coverage: ZWM's debt is well covered by operating cash flow (205.2%).

Interest Coverage: ZWM's interest payments on its debt are well covered by EBIT (12.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Zwahlen & Mayr's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ZWM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ZWM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ZWM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZWM's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZWM'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?

4.8yrs

Average management tenure


CEO

Luigi Mion (74yo)

4.75yrs

Tenure

CHF25,000

Compensation

Mr. Luigi Mion serves as an Chief Executive Officer at Zwahlen & Mayr SA since September 25, 2015 and served as Interim Chairman of the Board. He has been Chairman of the Board at Zwahlen & Mayr SA and als ...


Leadership Team

NamePositionTenureCompensationOwnership
Luigi Mion
Chairman & CEO4.75yrsCHF25.00kno data
Francesco Punzo
Technical Director & Director4.17yrsCHF15.00kno data
Yves Bosson
Secretary of the Board of Directors & Director2.17yrsCHF15.00kno data
Eric Aigroz
General Manager4.75yrsCHF270.97kno data
Guido Bigoni
Director of Administration & Finance2.67yrsno datano data

4.8yrs

Average Tenure

58yo

Average Age

Experienced Management: ZWM's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Luigi Mion
Chairman & CEO4.75yrsCHF25.00kno data
Francesco Punzo
Technical Director & Director4.17yrsCHF15.00kno data
Yves Bosson
Secretary of the Board of Directors & Director2.17yrsCHF15.00kno data
Roberto Raggiotto
Director8.17yrsCHF15.00kno data

4.2yrs

Average Tenure

54yo

Average Age

Experienced Board: ZWM's board of directors are considered experienced (4.2 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

Zwahlen & Mayr SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zwahlen & Mayr SA
  • Ticker: ZWM
  • Exchange: SWX
  • Founded: 1881
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: CHF12.706m
  • Shares outstanding: 70.20k
  • Website: https://www.zwahlen.ch

Number of Employees


Location

  • Zwahlen & Mayr SA
  • Z.I.2 Route des Marais, 2
  • Aigle
  • Vaud
  • 1860
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZWMSWX (SIX Swiss Exchange)YesBearer SharesCHCHFApr 1992
0QLYLSE (London Stock Exchange)YesBearer SharesGBCHFApr 1992

Biography

Zwahlen & Mayr SA engages in the steel construction and welded stainless steel tubes production businesses in Switzerland and internationally. The company is involved in the steel construction of buildings, bridges, and special projects. It also produces stainless steel and nickel alloy tubes, such as welded tubes and redrawn tubes under the ZM Tubes name for the conventional and nuclear power stations, chemical and petrochemical plants, petroleum refineries, pulp and paper, air treatment, dairy, automotive and aerospace, mechatronics, pneumatic, oil and gas, various industrial, and instrumentation applications, as well as pharma, food, and chemical industries. The company was founded in 1881 and is based in Aigle, Switzerland. Zwahlen & Mayr SA is a subsidiary of subsidiary of Cimolai S.p.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 09:27
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.