SWX:WUW

Stock Analysis Report

Wüstenrot & Württembergische

Executive Summary

Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and businesses in Germany, the Czech Republic, and internationally.

Snowflake

Fundamentals

Established dividend payer and good value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

WUW

0.02%

CH Insurance

-0.5%

CH Market


1 Year Return

-4.4%

WUW

22.5%

CH Insurance

8.9%

CH Market

Return vs Industry: WUW underperformed the Swiss Insurance industry which returned 22.5% over the past year.

Return vs Market: WUW underperformed the Swiss Market which returned 8.9% over the past year.


Shareholder returns

WUWIndustryMarket
7 Day0%0.02%-0.5%
30 Day0%2.2%-0.1%
90 Day0%7.3%1.1%
1 Year-0.9%-4.4%29.0%22.5%14.7%8.9%
3 Yearn/a65.9%41.8%34.0%16.6%
5 Yearn/a94.6%47.8%38.0%16.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Wüstenrot & Württembergische undervalued compared to its fair value and its price relative to the market?

38.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: WUW (CHF20.75) is trading below our estimate of fair value (CHF33.48)

Significantly Undervalued: WUW is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: WUW is good value based on its PE Ratio (6.1x) compared to the Insurance industry average (14.4x).

PE vs Market: WUW is good value based on its PE Ratio (6.1x) compared to the Swiss market (18.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: WUW is poor value based on its PEG Ratio (15.8x)


Price to Book Ratio

PB vs Industry: WUW is good value based on its PB Ratio (0.3x) compared to the CH Insurance industry average (1.1x).


Next Steps

Future Growth

How is Wüstenrot & Württembergische forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

0.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WUW's forecast earnings growth (0.4% per year) is below the savings rate (3.3%).

Earnings vs Market: WUW's earnings (0.4% per year) are forecast to grow slower than the Swiss market (10.2% per year).

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

Revenue vs Market: WUW's revenue is expected to decline over the next 3 years (-8.5% per year).

High Growth Revenue: WUW's revenue is forecast to decline over the next 3 years (-8.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: WUW's Return on Equity is forecast to be low in 3 years time (5.7%).


Next Steps

Past Performance

How has Wüstenrot & Württembergische performed over the past 5 years?

1.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WUW's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: WUW's earnings growth over the past year (25.5%) exceeds its 5-year average (1.6% per year).

Earnings vs Industry: WUW earnings growth over the past year (25.5%) exceeded the Insurance industry 20.1%.


Return on Equity

High ROE: WUW's Return on Equity (5.7%) is considered low.


Return on Assets

ROA vs Industry: WUW has a higher Return on Assets than the Insurance industry average last year.


Return on Capital Employed

ROCE Improving: WUW's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Wüstenrot & Württembergische's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: WUW has a low level of unsold assets or inventory.

Debt Coverage by Assets: WUW's debt is covered by short term assets (assets are 11.126040x debt).


Financial Institutions Analysis

Asset Level: WUW's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if WUW has a sufficient allowance for bad loans.

Low Risk Liabilities: WUW reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if WUW has an acceptable proportion of non-loan assets held.

Low Risk Deposits: WUW has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if WUW has an appropriate level of bad loans.


Next Steps

Dividend

What is Wüstenrot & Württembergische's current dividend yield, its reliability and sustainability?

3.62%

Current Dividend Yield


Dividend Yield vs Market

company3.6%marketbottom25%1.9%markettop25%3.7%industryaverage4.5%forecastin3Years4.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: WUW's dividend (3.62%) is higher than the bottom 25% of dividend payers in the Swiss market (1.91%).

High Dividend: WUW's dividend (3.62%) is low compared to the top 25% of dividend payers in the Swiss market (3.7%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.2%), WUW's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WUW's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).


Next Steps

Management

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

5.5yrs

Average management tenure


CEO

Jürgen Junker (50yo)

2.8yrs

Tenure

€1,548,400

Compensation

Mr. Jürgen Albert Junker served as Supervisory Board Chairman and Member of Supervisory Board at Wüstenrot Bank AG Pfandbriefbank since January 01, 2017 until 2019. He serves as Supervisory Board Chairman  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jürgen's total compensation is reasonable compared to companies of similar size in the Swiss market.

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


Management Age and Tenure

5.5yrs

Average Tenure

55.5yo

Average Age

Experienced Management: WUW's management team is seasoned and experienced (5.5 years average tenure).


Board Age and Tenure

8.3yrs

Average Tenure

61yo

Average Age

Experienced Board: WUW's board of directors are considered experienced (8.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Michael Gutjahr (62yo)

    Labor Director

    • Tenure: 5.5yrs
    • Compensation: €722.60k
  • Frank Weber

    Deputy Chairman of the Supervisory Board

    • Tenure: 8.3yrs
    • Compensation: €77.80k
  • Matthias Schell

    Head of Group Accounting

    • Tenure: 0yrs
    • Compensation: €12.00k
  • Jens Wieland (53yo)

    Chief Information Officer

    • Tenure: 7.3yrs
    • Compensation: €787.20k
  • Jürgen Steffan (58yo)

    Chief Representative & Member of Management Board

    • Tenure: 1.3yrs
  • Susanne Pauser

    Chief Human Resources Officer

    • Tenure: 5.5yrs
  • Jürgen Junker (50yo)

    Chairman of the Management Board & CEO

    • Tenure: 2.8yrs
    • Compensation: €1.55m
  • Michael Ellwanger

    Head of Investor Relations

    • Tenure: 0yrs
  • Margret Obladen

    Head of Group Law

    • Tenure: 0yrs

Board Members

  • Reiner Hagemann (72yo)

    Supervisory Board Member

    • Tenure: 13.3yrs
    • Compensation: €39.00k
  • Hans Sauer (78yo)

    Supervisory Board Chairman

    • Tenure: 14.3yrs
    • Compensation: €112.50k
  • Marika Lulay (57yo)

    Supervisory Board Member

    • Tenure: 3.3yrs
    • Compensation: €29.20k
  • Corinna Linner (61yo)

    Supervisory Board Member

    • Tenure: 4.3yrs
    • Compensation: €47.00k
  • Peter Buschbeck (58yo)

    Supervisory Board Member

    • Tenure: 5.4yrs
    • Compensation: €35.00k
  • Frank Weber

    Deputy Chairman of the Supervisory Board

    • Tenure: 8.3yrs
    • Compensation: €77.80k
  • Ute Hobinka

    Supervisory Board Member

    • Tenure: 8.3yrs
    • Compensation: €35.00k
  • Jochen Höpken

    Supervisory Board Member

    • Tenure: 8.3yrs
    • Compensation: €30.00k
  • Christoph Seeger

    Supervisory Board Member

    • Tenure: 8.3yrs
    • Compensation: €65.00k
  • Andreas Rothbauer

    Supervisory Board Member

    • Tenure: 8.8yrs
    • Compensation: €59.00k

Company Information

Wüstenrot & Württembergische AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wüstenrot & Württembergische AG
  • Ticker: WUW
  • Exchange: SWX
  • Founded: 1828
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: €1.680b
  • Listing Market Cap: €1.845b
  • Shares outstanding: 93.62m
  • Website: https://www.ww-ag.com

Number of Employees


Location

  • Wüstenrot & Württembergische AG
  • Gutenbergstrasse 30
  • Stuttgart
  • Baden-Württemberg
  • 70176
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WUWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 1999
WUWXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURSep 1999
0GJNLSE (London Stock Exchange)YesOrdinary SharesGBEURSep 1999
WUWSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFSep 1999
WUWWBAG (Wiener Boerse AG)YesOrdinary SharesATEURSep 1999
WUWdBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURSep 1999

Biography

Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and businesses in Germany, the Czech Republic, and international ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 21:19
End of Day Share Price2019/10/18 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.