BST:MW4

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Executive Summary

AKWEL engages in the design, development, production, and sale of tooling equipment and parts to automotive and truck manufacturers in France and internationally.


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: MW4 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.9%

MW4

-0.9%

DE Auto Components

0.7%

DE Market


1 Year Return

n/a

MW4

-21.7%

DE Auto Components

3.9%

DE Market

Return vs Industry: Insufficient data to determine how MW4 performed against the German Auto Components industry.

Return vs Market: Insufficient data to determine how MW4 performed against the German Market.


Shareholder returns

MW4IndustryMarket
7 Day1.9%-0.9%0.7%
30 Day-5.1%-5.8%1.4%
90 Dayn/a13.5%17.3%
1 Yearn/a-20.2%-21.7%6.2%3.9%
3 Yearn/a-49.7%-53.3%1.8%-6.2%
5 Yearn/a-53.2%-57.6%9.3%-5.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

5.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MW4 (€13.74) is trading above our estimate of fair value (€7.4)

Significantly Below Fair Value: MW4 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MW4 is good value based on its PE Ratio (5.9x) compared to the DE Auto Components industry average (16.9x).

PE vs Market: MW4 is good value based on its PE Ratio (5.9x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: MW4's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MW4's PB Ratio (0.7x) is in line with the DE Auto Components industry average.


Next Steps

Future Growth

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

-20.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MW4's earnings are forecast to decline over the next 3 years (-20.3% per year).

Earnings vs Market: MW4's earnings are forecast to decline over the next 3 years (-20.3% per year).

High Growth Earnings: MW4's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MW4's revenue is expected to decline over the next 3 years (-2.2% per year).

High Growth Revenue: MW4's revenue is forecast to decline over the next 3 years (-2.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MW4's Return on Equity is forecast to be low in 3 years time (6.6%).


Next Steps

Past Performance

How has AKWEL performed over the past 5 years?

5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MW4 has high quality earnings.

Growing Profit Margin: MW4's current net profit margins (5.7%) are lower than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: MW4's earnings have grown by 5.9% per year over the past 5 years.

Accelerating Growth: MW4's earnings growth over the past year (2.6%) is below its 5-year average (5.9% per year).

Earnings vs Industry: MW4 earnings growth over the past year (2.6%) exceeded the Auto Components industry -50.2%.


Return on Equity

High ROE: MW4's Return on Equity (12.5%) is considered low.


Next Steps

Financial Health

How is AKWEL's financial position?


Financial Position Analysis

Short Term Liabilities: MW4's short term assets (€505.1M) exceed its short term liabilities (€245.2M).

Long Term Liabilities: MW4's short term assets (€505.1M) exceed its long term liabilities (€112.2M).


Debt to Equity History and Analysis

Debt Level: MW4's debt to equity ratio (25.4%) is considered satisfactory.

Reducing Debt: MW4's debt to equity ratio has reduced from 54.6% to 25.4% over the past 5 years.

Debt Coverage: MW4's debt is well covered by operating cash flow (59.5%).

Interest Coverage: MW4's interest payments on its debt are well covered by EBIT (41.2x coverage).


Balance Sheet


Next Steps

Dividend

What is AKWEL current dividend yield, its reliability and sustainability?

1.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MW4's dividend (1.41%) is higher than the bottom 25% of dividend payers in the German market (1.25%).

High Dividend: MW4's dividend (1.41%) is low compared to the top 25% of dividend payers in the German market (3.85%).


Stability and Growth of Payments

Stable Dividend: MW4's dividend payments have been volatile in the past 10 years.

Growing Dividend: MW4's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8.3%), MW4's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MW4's dividends in 3 years are forecast to be thoroughly covered by earnings (14.4% payout ratio).


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Mathieu Coutier (45yo)

5.08yrs

Tenure

€623,361

Compensation

Mr. Mathieu Coutier serves as President of the Management Board and Information Manager at AKWEL and has been its Member of Management Board since 2009. 


CEO Compensation Analysis

Compensation vs Market: Mathieu's total compensation ($USD705.24K) is below average for companies of similar size in the German market ($USD1.09M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Mathieu Coutier
President of the Management Board & Information Manager5.08yrs€623.36kno data
Jean-Louis Thomasset
Vice-President of the Management Board & VP of Financialno data€720.68kno data
Frédéric Marier
Member of the Management Board & Industrial Performance Director3.42yrs€550.27kno data
Benoît Coutier
VP of Legal & Member of Management Board6.58yrs€551.09kno data
Nicolas Coutier
Business Development Director & Member of Management Board6.58yrs€551.09kno data
Ludovic Mercier
Vice President of Marketing & Salesno datano datano data

5.8yrs

Average Tenure

45yo

Average Age

Experienced Management: MW4's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
André Coutier
President of the Supervisory Board5.08yrs€329.62kno data
Nicolas Job
independent Vice-President of the Supervisory Board1.17yrs€44.08kno data
Geneviève Coutier
Member of the Supervisory Board5.08yrs€18.00kno data
Christophe Coutier
Member of the Supervisory Board5.08yrs€24.00kno data
Emilie Coutier
Member of the Supervisory Board4.08yrs€12.00kno data
Christophe Besse
Employee Representative Member of the Supervisory Board2.58yrs€66.04kno data

4.6yrs

Average Tenure

53.5yo

Average Age

Experienced Board: MW4's board of directors are considered experienced (4.6 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

AKWEL's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AKWEL
  • Ticker: MW4
  • Exchange: BST
  • Founded: 1972
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €369.486m
  • Shares outstanding: 26.74m
  • Website: https://akwel-automotive.com

Number of Employees


Location

  • AKWEL
  • 975, route des Burgondes
  • Champfromier
  • Rhône-Alpes
  • 1410
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AKWENXTPA (Euronext Paris)YesShare CapitalFREURJun 1994
0F8VLSE (London Stock Exchange)YesShare CapitalGBEURJun 1994
MW4BST (Boerse-Stuttgart)YesShare CapitalDEEURJun 1994
MW4DB (Deutsche Boerse AG)YesShare CapitalDEEURJun 1994

Biography

AKWEL engages in the design, development, production, and sale of tooling equipment and parts to automotive and truck manufacturers in France and internationally. The company was formerly known as MGI Coutier SA and changed its name to AKWEL in June 2018. The company was founded in 1972 and is headquartered in Champfromier, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 21:28
End of Day Share Price2020/07/10 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.