Continental
Market Cap
€23.5b
Last Updated
2019/10/20 21:03 UTC
Data Sources
Company Financials +
Executive Summary
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide.
Snowflake
Fundamentals
Flawless balance sheet, undervalued and pays a dividend.
Similar Companies
Share Price & News
How has Continental's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.9%
CON
2.3%
DE Auto Components
1.4%
DE Market
1 Year Return
-10.6%
CON
-11.1%
DE Auto Components
3.7%
DE Market
Return vs Industry: CON matched the German Auto Components industry which returned -11.1% over the past year.
Return vs Market: CON underperformed the German Market which returned 3.7% over the past year.
Shareholder returns
| CON | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 2.3% | 1.4% |
| 30 Day | -0.7% | -2.7% | 1.3% |
| 90 Day | -3.7% | 1.2% | 3.4% |
| 1 Year | -7.7%-10.6% | -7.3%-11.1% | 7.0%3.7% |
| 3 Year | -27.0%-32.1% | -24.5%-30.8% | 18.5%8.3% |
| 5 Year | -13.4%-22.3% | -17.1%-25.6% | 42.2%22.9% |
Price Volatility Vs. Market
How volatile is Continental's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Should You Worry About Continental Aktiengesellschaft's (ETR:CON) CEO Pay?2 weeks ago | Simply Wall St
What Is Continental Aktiengesellschaft's (ETR:CON) Share Price Doing?3 weeks ago | Simply Wall St
Here's Why Continental (ETR:CON) Has A Meaningful Debt BurdenValuation
Is Continental 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: CON (€117.56) is trading below our estimate of fair value (€278.22)
Significantly Below Fair Value: CON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CON is good value based on its PE Ratio (9.8x) compared to the Auto Components industry average (13.1x).
PE vs Market: CON is good value based on its PE Ratio (9.8x) compared to the German market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: CON is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: CON is overvalued based on its PB Ratio (1.3x) compared to the DE Auto Components industry average (1.2x).
Next Steps
Future Growth
How is Continental forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CON's forecast earnings growth (16.1% per year) is above the savings rate (0.2%).
Earnings vs Market: CON's earnings (16.1% per year) are forecast to grow faster than the German market (12.7% per year).
High Growth Earnings: CON's earnings are forecast to grow, but not significantly.
Revenue vs Market: CON's revenue (3.9% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: CON's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CON's Return on Equity is forecast to be low in 3 years time (12.7%).
Next Steps
Past Performance
How has Continental performed over the past 5 years?
4.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CON's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: CON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CON had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Auto Components industry average (-6.3%).
Return on Equity
High ROE: CON's Return on Equity (13.5%) is considered low.
Return on Assets
ROA vs Industry: CON has a higher Return on Assets than the Auto Components industry average last year.
Return on Capital Employed
ROCE Improving: CON's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Continental's financial position?
Financial Position Analysis
Short Term Liabilities: CON's short term assets (€17.5B) exceeds its short term liabilities (€17.1B)
Long Term Liabilities: CON's short term assets (17.5B) exceeds its long term liabilities (8.7B)
Debt to Equity History and Analysis
Debt Level: CON's debt to equity ratio (32.7%) is considered satisfactory
Reducing Debt: CON's debt to equity ratio has reduced from 64.3% to 32.7% over the past 5 years.
Debt Coverage: CON's debt is well covered by operating cash flow (71.8%).
Interest Coverage: CON's interest payments on its debt are well covered by EBIT (25.3x coverage).
Balance Sheet
Inventory Level: CON has a high level of physical assets or inventory.
Debt Coverage by Assets: CON's debt is covered by short term assets (assets are 2.949040x debt).
Next Steps
Dividend
What is Continental's current dividend yield, its reliability and sustainability?
4.04%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: CON's dividend (4.04%) is higher than the bottom 25% of dividend payers in the German market (1.47%).
High Dividend: CON's dividend (4.04%) is in the top 25% of dividend payers in the German market (3.83%)
Stable Dividend: Whilst dividend payments have been stable, CON has been paying a dividend for less than 10 years.
Growing Dividend: CON's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.6%), CON's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CON's dividends in 3 years are forecast to be well covered by earnings (31.4% payout ratio).
Next Steps
Management
What is the CEO of Continental's salary, the management and board of directors tenure and is there insider trading?
5.5yrs
Average management tenure
CEO
Elmar Degenhart (60yo)
10.2yrs
Tenure
€6,701,000
Compensation
Dr. Elmar Degenhart has been the Chairman of the Executive Board and Chief Executive Officer at Continental Aktiengesellschaft (Formerly Continental AG) since August 12, 2009. Dr. Degenhart is responsible ...
CEO Compensation Analysis
Compensation vs. Market: Elmar's total compensation ($USD7.46M) is above average for companies of similar size in the German market ($USD4.64M).
Compensation vs Earnings: Elmar's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.5yrs
Average Tenure
57.5yo
Average Age
Experienced Management: CON's management team is seasoned and experienced (5.5 years average tenure).
Board Age and Tenure
10.0yrs
Average Tenure
57yo
Average Age
Experienced Board: CON's board of directors are seasoned and experienced ( 10 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
Helmut Matschi (56yo)
Member of the Executive Board
- Tenure: 10.2yrs
- Compensation: €3.37m
Frank Jourdan (59yo)
President of the Chassis & Safety Division and Member of Executive Board
- Tenure: 6.1yrs
- Compensation: €3.45m
Elmar Degenhart (60yo)
Chairman of the Executive Board & CEO
- Tenure: 10.2yrs
- Compensation: €6.70m
Nikolai Setzer (48yo)
Member of the Executive Board
- Tenure: 10.2yrs
- Compensation: €3.49m
Wolfgang Schäfer (60yo)
CFO & Member of the Executive Board
- Tenure: 0yrs
- Compensation: €3.86m
José Avila (64yo)
- Tenure: 1.1yrs
- Compensation: €2.92m
Hans-Jürgen Duensing (61yo)
Head of ContiTech Division & Member of the Executive Board
- Tenure: 4.4yrs
- Compensation: €3.41m
Ariane Reinhart (50yo)
Director of Labor Relations
- Tenure: 5yrs
- Compensation: €3.58m
Stefan Scholz (54yo)
Head of Finance & Treasury and Employee Representative Member of the Supervisory Board
- Tenure: 4.5yrs
- Compensation: €196.00k
Christian Kötz (49yo)
Member of the Executive Board & Executive VP of Business Unit Commercial Vehicle Tires
- Tenure: 0.5yrs
Board Members
Wolfgang Reitzle (70yo)
Chairman of Supervisory Board
- Tenure: 10yrs
- Compensation: €576.00k
Gunter Dunkel (66yo)
Member of Supervisory Board
- Tenure: 0yrs
- Compensation: €196.00k
Jörg Schönfelder (53yo)
Employee Representative Member of the Supervisory Board
- Tenure: 15.4yrs
- Compensation: €289.00k
Dirk Nordmann (59yo)
Employee Representative Member of the Supervisory Board
- Tenure: 0yrs
- Compensation: €294.00k
Christiane Benner (51yo)
Vice Chairperson of Supervisory Board
- Tenure: 1.6yrs
- Compensation: €242.00k
Maria-Elisabeth Schaeffler-Thumann (78yo)
Member of Supervisory Board
- Tenure: 10.7yrs
- Compensation: €191.00k
Michael Iglhaut (55yo)
Employee Representative Member of the Supervisory Board
- Tenure: 13.6yrs
- Compensation: €292.00k
Rolf Nonnenmacher (65yo)
Member of Supervisory Board
- Tenure: 5yrs
- Compensation: €481.00k
Georg F. Schaeffler (55yo)
Member of Supervisory Board
- Tenure: 0yrs
- Compensation: €296.00k
Stefan Scholz (54yo)
Head of Finance & Treasury and Employee Representative Member of the Supervisory Board
- Tenure: 4.5yrs
- Compensation: €196.00k
Company Information
Continental Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Continental Aktiengesellschaft
- Ticker: CON
- Exchange: XTRA
- Founded: 1871
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €23.513b
- Shares outstanding: 200.01m
- Website: https://www.continental-corporation.com
Number of Employees
Location
- Continental Aktiengesellschaft
- Vahrenwalder Strasse 9
- Hanover
- Lower Saxony
- 30165
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CONA | BST (Boerse-Stuttgart) | ADR EACH REP 0.2 ORD NPV | DE | EUR | Mar 1991 | |
| CTTA.Y | OTCPK (Pink Sheets LLC) | ADR EACH REP 0.2 ORD NPV | US | USD | Mar 1991 | |
| CON | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1992 |
| CON | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1992 |
| 0LQ1 | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jan 1992 |
| CTTA.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 1992 |
| COND | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jan 1992 |
| CON | BIT (Borsa Italiana) | Yes | Common Stock | IT | EUR | Jan 1992 |
| CONT | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1992 |
| CON | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1992 |
| CON N | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1992 |
Biography
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiT ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 21:03 |
| End of Day Share Price | 2019/10/18 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.