EDAG Engineering Group
Market Cap
€242.5m
Last Updated
2021/01/16 19:32 UTC
Data Sources
Company Financials +
Executive Summary
EDAG Engineering Group AG, an engineering service provider, develops vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has EDAG Engineering Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ED4 is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ED4's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.2%
ED4
-2.1%
DE Auto Components
-1.2%
DE Market
1 Year Return
-1.4%
ED4
-1.6%
DE Auto Components
2.3%
DE Market
Return vs Industry: ED4 matched the German Auto Components industry which returned -1.6% over the past year.
Return vs Market: ED4 underperformed the German Market which returned 2.3% over the past year.
Shareholder returns
| ED4 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | -2.1% | -1.2% |
| 30 Day | 7.1% | 0.1% | 2.5% |
| 90 Day | 10.9% | 17.3% | 8.1% |
| 1 Year | -1.4%-1.4% | 1.9%-1.6% | 5.6%2.3% |
| 3 Year | -35.6%-41.8% | -46.2%-51.2% | 3.6%-5.5% |
| 5 Year | -46.7%-55.9% | -28.1%-37.9% | 41.3%21.3% |
Long-Term Price Volatility Vs. Market
How volatile is EDAG Engineering Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
These Metrics Don't Make EDAG Engineering Group (ETR:ED4) Look Too Strong1 month ago | Simply Wall St
How Much Did EDAG Engineering Group's(ETR:ED4) Shareholders Earn From Share Price Movements Over The Last Five Years?2 months ago | Simply Wall St
EDAG Engineering Group AG (ETR:ED4) Just Reported And Analysts Have Been Lifting Their Price TargetsValuation
Is EDAG Engineering Group undervalued compared to its fair value and its price relative to the market?
2.4x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ED4 (€9.7) is trading above our estimate of fair value (€4.73)
Significantly Below Fair Value: ED4 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ED4 is unprofitable, so we can't compare its PE Ratio to the XE Auto Components industry average.
PE vs Market: ED4 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ED4's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ED4 is overvalued based on its PB Ratio (2.4x) compared to the DE Auto Components industry average (1.8x).
Next Steps
Future Growth
How is EDAG Engineering Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
114.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ED4 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.07%).
Earnings vs Market: ED4 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ED4's is expected to become profitable in the next 3 years.
Revenue vs Market: ED4's revenue (6% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: ED4's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ED4's Return on Equity is forecast to be low in 3 years time (13.8%).
Next Steps
Past Performance
How has EDAG Engineering Group performed over the past 5 years?
-39.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ED4 is currently unprofitable.
Growing Profit Margin: ED4 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ED4 is unprofitable, and losses have increased over the past 5 years at a rate of 39.7% per year.
Accelerating Growth: Unable to compare ED4's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ED4 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-46.7%).
Return on Equity
High ROE: ED4 has a negative Return on Equity (-18.69%), as it is currently unprofitable.
Next Steps
Financial Health
How is EDAG Engineering Group's financial position?
Financial Position Analysis
Short Term Liabilities: ED4's short term assets (€311.1M) exceed its short term liabilities (€242.3M).
Long Term Liabilities: ED4's short term assets (€311.1M) exceed its long term liabilities (€283.3M).
Debt to Equity History and Analysis
Debt Level: ED4's debt to equity ratio (122.2%) is considered high.
Reducing Debt: ED4's debt to equity ratio has reduced from 128.7% to 122.2% over the past 5 years.
Debt Coverage: ED4's debt is well covered by operating cash flow (146.6%).
Interest Coverage: ED4 is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is EDAG Engineering Group current dividend yield, its reliability and sustainability?
2.39%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ED4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ED4'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 ED4's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ED4's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ED4 is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ED4's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Cosimo De Carlo (47 yo)
2.75yrs
Tenure
€138,000
Compensation
Mr. Cosimo De Carlo has been Chief Executive Officer and Member of Executive Board of EDAG Engineering Group AG since April 15, 2018. Mr. De Carlo has been Group Vice President of Automotive Business at Al...
CEO Compensation Analysis
Compensation vs Market: Cosimo's total compensation ($USD166.85K) is below average for companies of similar size in the German market ($USD696.41K).
Compensation vs Earnings: Cosimo's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 2.75yrs | €138.00k | 0.024% € 58.2k | |
| CFO & Member of Executive Board | 1.58yrs | €51.00k | 0.00046% € 1.1k | |
| COO & Member of Executive Board | 1.58yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Director of PR-Communication | no data | no data | no data | |
| Head of Marketing & Editor-In-Chief | no data | no data | no data | |
| Head of Fairs and Exhibitions | no data | no data | no data | |
| Chief Designer | no data | no data | no data | |
| Head of Competence Centre for Lightweight Construction | no data | no data | no data | |
| Chief Executive Electrifier of Trive.Me | no data | no data | no data | |
| Head of Product Reliability & Documentation | no data | no data | no data | |
| Head of Electrics / Elektronic | no data | no data | no data |
1.6yrs
Average Tenure
Experienced Management: ED4's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 2.42yrs | €350.00k | no data | |
| Director | 1.58yrs | €88.00k | 0.053% € 127.7k | |
| Non-Executive Director | 5.17yrs | €160.00k | no data | |
| Non-Executive Director | 5.17yrs | €150.00k | no data | |
| Director | 1.58yrs | €88.00k | no data |
2.4yrs
Average Tenure
55yo
Average Age
Experienced Board: ED4's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
EDAG Engineering Group AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: EDAG Engineering Group AG
- Ticker: ED4
- Exchange: XTRA
- Founded: 1969
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €242.500m
- Shares outstanding: 25.00m
- Website: https://www.edag-engineering.de
Number of Employees
Location
- EDAG Engineering Group AG
- Schlossgasse 2
- Arbon
- Thurgau
- 9320
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ED4 | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Dec 2015 |
| ED4 | XTRA (XETRA Trading Platform) | Yes | Share Capital | DE | EUR | Dec 2015 |
| 0RCX | LSE (London Stock Exchange) | Yes | Share Capital | GB | EUR | Dec 2015 |
| ED4D | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | EUR | Dec 2015 |
Biography
EDAG Engineering Group AG, an engineering service provider, develops vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide. The company op...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 19:32 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.