EDAG Engineering Group AG, an engineering service provider, develops vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide.
Adequate balance sheet with moderate growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
DE Auto Components
1 Year Return
DE Auto Components
Return vs Industry: ED4 underperformed the German Auto Components industry which returned -21.9% over the past year.
Return vs Market: ED4 underperformed the German Market which returned 0.2% over the past year.
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 month ago | Simply Wall StAnalysts Just Made A Major Revision To Their EDAG Engineering Group AG (ETR:ED4) Revenue Forecasts
2 months ago | Simply Wall StEDAG Engineering Group (ETR:ED4) Has A Somewhat Strained Balance Sheet
2 months ago | Simply Wall StIs EDAG Engineering Group AG's (ETR:ED4) 7.9% Dividend Sustainable?
Is EDAG Engineering Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ED4 (€5.97) is trading above our estimate of fair value (€2.51)
Significantly Below Fair Value: ED4 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ED4 is poor value based on its PE Ratio (21.3x) compared to the Auto Components industry average (14.2x).
PE vs Market: ED4 is poor value based on its PE Ratio (21.3x) compared to the German market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: ED4 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: ED4 is overvalued based on its PB Ratio (1.2x) compared to the DE Auto Components industry average (0.8x).
How is EDAG Engineering Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ED4's forecast earnings growth (98.1% per year) is above the savings rate (0.2%).
Earnings vs Market: ED4's earnings (98.1% per year) are forecast to grow faster than the German market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ED4's revenue (5% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: ED4's revenue (5% 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 (11.3%).
How has EDAG Engineering Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ED4 has a large one-off loss of €9.5M impacting its March 31 2020 financial results.
Growing Profit Margin: ED4's current net profit margins (0.3%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: ED4's earnings have declined by -33.5% per year over the past 5 years.
Accelerating Growth: ED4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ED4 had negative earnings growth (-90.7%) over the past year, making it difficult to compare to the Auto Components industry average (-24.5%).
Return on Equity
High ROE: ED4's Return on Equity (1.6%) is considered low.
How is EDAG Engineering Group's financial position?
Financial Position Analysis
Short Term Liabilities: ED4's short term assets (€318.0M) exceed its short term liabilities (€233.5M).
Long Term Liabilities: ED4's short term assets (€318.0M) exceed its long term liabilities (€294.3M).
Debt to Equity History and Analysis
Debt Level: ED4's debt to equity ratio (108.7%) is considered high.
Reducing Debt: ED4's debt to equity ratio has reduced from 141.8% to 108.7% over the past 5 years.
Debt Coverage: ED4's debt is well covered by operating cash flow (50.3%).
Interest Coverage: ED4's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is EDAG Engineering Group's current dividend yield, its reliability and sustainability?
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Cosimo De Carlo (46yo)
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 ($USD153.42K) is below average for companies of similar size in the German market ($USD712.37K).
Compensation vs Earnings: Cosimo's compensation has been consistent with company performance over the past year.
|CEO & Member of Executive Board||2.08yrs||€138.00k||0.024% €35.8k|
|CFO & Member of Executive Board||0.92yr||€51.00k||0.00046% €686.6|
|COO & Member of Executive Board||0.92yr||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|
Experienced Management: ED4's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|Chairman of the Board||1.75yrs||€350.00k||no data|
|Non-Executive Director||4.5yrs||€160.00k||no data|
|Non-Executive Director||4.5yrs||€150.00k||no data|
Experienced Board: ED4's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
EDAG Engineering Group AG's company bio, employee growth, exchange listings and data sources
- Name: EDAG Engineering Group AG
- Ticker: ED4
- Exchange: XTRA
- Founded: 1969
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €149.250m
- Shares outstanding: 25.00m
- Website: https://www.edag-engineering.de
Number of Employees
- EDAG Engineering Group AG
- Schlossgasse 2
|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|
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 operates through three segments: Vehicle Engineering, Production Solutions, and Electrics/Electronics. The Vehicle Engineering segment provides body engineering services, including package and ergonomics, body assembly, surface design, and interior and exterior services; commercial vehicles, doors, covers, lid systems, and car lights development services; and new technologies and lightweight designing services. This segment also offers vehicle integration services comprising functional integration and vehicle validation services, such as testing of individual components, modules, engines, motors, transmissions, and complete vehicles; models and vehicle solutions, including a range of styling, ideation, and design services, as well as creates test vehicles, sub-assemblies, and vehicle bodies for the physical validation of modules and systems; project management; and product quality and care services. The Production Solutions segment provides painted body services comprising component validation, forming dies, body manufacturing, and paint shop planning services; smart factory services, including smart building, smart production, smart logistics, digitalization and networking in production, production-oriented product design, and smart assistance services; and process consulting and CAx development services. The Electrics/Electronics segment develops electric and electronic systems comprising architecture and networks development, systems engineering, advanced engineering, embedded systems, information technology, integration and validation, functional safety and cyber security, and process and product data management services. The company was founded in 1969 and is based in Arbon, Switzerland. EDAG Engineering Group AG is a subsidiary of Aton Austria Holding GmbH.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 00:44|
|End of Day Share Price||2020/05/29 00:00|
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.