XTRA:LEO

Stock Analysis Report

Executive Summary

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide.

Snowflake

Fundamentals

Fair value with worrying balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.8%

LEO

4.7%

DE Auto Components

1.7%

DE Market


1 Year Return

-59.8%

LEO

-7.9%

DE Auto Components

7.2%

DE Market

Return vs Industry: LEO underperformed the German Auto Components industry which returned -7.9% over the past year.

Return vs Market: LEO underperformed the German Market which returned 7.2% over the past year.


Shareholder returns

LEOIndustryMarket
7 Day3.8%4.7%1.7%
30 Day-8.1%3.8%2.4%
90 Day-9.3%-2.8%2.3%
1 Year-59.8%-59.8%-4.0%-7.9%10.6%7.2%
3 Year-65.0%-66.2%-21.9%-28.4%18.4%8.1%
5 Year-70.6%-73.1%-13.0%-21.9%42.3%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is LEONI 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: LEO (€11.82) is trading below our estimate of fair value (€37.21)

Significantly Below Fair Value: LEO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LEO is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.

PE vs Market: LEO 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 LEO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LEO is good value based on its PB Ratio (0.4x) compared to the DE Auto Components industry average (1.2x).


Next Steps

Future Growth

How is LEONI forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

116.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LEO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LEO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LEO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LEO's revenue (3.8% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: LEO's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LEO's Return on Equity is forecast to be low in 3 years time (7.1%).


Next Steps

Past Performance

How has LEONI performed over the past 5 years?

-22.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LEO is unprofitable, and losses have increased over the past 5 years at a rate of -22.4% per year.

Accelerating Growth: Unable to compare LEO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LEO is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-6.3%).


Return on Equity

High ROE: LEO has a negative Return on Equity (-21.06%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: LEO is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: LEO is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is LEONI's financial position?


Financial Position Analysis

Short Term Liabilities: LEO's short term assets (€1.8B) do not cover its short term liabilities (€2.0B)

Long Term Liabilities: LEO's short term assets (1.8B) exceeds its long term liabilities (889.1M)


Debt to Equity History and Analysis

Debt Level: LEO's debt to equity ratio (127.6%) is considered high

Reducing Debt: LEO's debt to equity ratio has increased from 64.2% to 127.6% over the past 5 years.

Debt Coverage: LEO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if LEO's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: LEO has a high level of physical assets or inventory.

Debt Coverage by Assets: LEO's debt is covered by short term assets (assets are 1.573220x debt).


Next Steps

Dividend

What is LEONI's current dividend yield, its reliability and sustainability?

1.37%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage4.0%forecastin3Years1.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate LEO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LEO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if LEO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LEO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: LEO is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LEO's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Aldo Kamper (49yo)

1.1yrs

Tenure

0

Mr. Aldo Kamper serves as the Chief Executive Officer of OSRAM Opto Semiconductors at OSRAM Opto Semiconductors Asia Ltd. and OSRAM SYLVANIA, Inc. Mr. Kamper has been the President and Chief Executive Offi ...


Management Age and Tenure

1.1yrs

Average Tenure

50.5yo

Average Age

Experienced Management: LEO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

55yo

Average Age

Experienced Board: LEO's board of directors are considered experienced (3.8 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

  • Susanne Kertz

    Executive Assistant to President & CEO/CFO and Executive of Corporate IR

    • Tenure: 0yrs
  • Aldo Kamper (49yo)

    Chairman of the Board

    • Tenure: 1.1yrs
  • Bruno Fankhauser (48yo)

    Member of the Board of Directors

    • Tenure: 3.7yrs
    • Compensation: €1.81m
  • Martin Adelhardt

    Director of Marketing

    • Tenure: 0.8yrs
  • Martin Stüttem (52yo)

    COO of Wiring Systems Division & Director

    • Tenure: 2.5yrs
    • Compensation: €1.79m
  • Ingrid Jägering (53yo)

    Member of the Board of Directors & CFO

    • Tenure: 0.8yrs

Board Members

  • Christian Rödl (49yo)

    Member of Supervisory Board

    • Tenure: 3.8yrs
    • Compensation: €111.00k
  • Klaus Probst (66yo)

    Chairman of Supervisory Board

    • Tenure: 2.4yrs
    • Compensation: €212.00k
  • Wolfgang Dehen (65yo)

    Member of Supervisory Board

    • Tenure: 2.4yrs
    • Compensation: €108.00k
  • Franz Spieß (62yo)

    1st Deputy Chairman of Supervisory Board

    • Tenure: 12.8yrs
    • Compensation: €154.00k
  • Karl-Heinz Lach (61yo)

    Member of Supervisory Board

    • Tenure: 12.4yrs
    • Compensation: €100.00k
  • Werner Lang (52yo)

    2nd Deputy Chairman of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €150.00k
  • Richard Paglia (53yo)

    Member of Supervisory Board

    • Tenure: 7.4yrs
    • Compensation: €111.00k
  • Elisabetta Castiglioni (55yo)

    Member of Supervisory Board

    • Tenure: 2.4yrs
    • Compensation: €102.90k
  • Ulrike Friese-Dormann (48yo)

    Member of Supervisory Board

    • Tenure: 4.4yrs
    • Compensation: €93.50k
  • Inge Zellermaier (55yo)

    Supervisory Board Member

    • Tenure: 2.4yrs
    • Compensation: €92.00k

Company Information

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


Key Information

  • Name: LEONI AG
  • Ticker: LEO
  • Exchange: XTRA
  • Founded: 1569
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €385.984m
  • Shares outstanding: 32.67m
  • Website: https://www.leoni.com

Number of Employees


Location

  • LEONI AG
  • Marienstrasse 7
  • Nuremberg
  • Bavaria
  • 90402
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LEODB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 1992
LEOXTRA (XETRA Trading Platform)YesRegistered SharesDEEURJan 1992
0O0JLSE (London Stock Exchange)YesRegistered SharesGBEURJan 1992
LNNN.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDJan 1992
LEODBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURJan 1992
LEOSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 1992
LEOWBAG (Wiener Boerse AG)YesRegistered SharesATEURJan 1992
LNNN.YOTCPK (Pink Sheets LLC)ADR EACH REPR 0.25 ORD EUR0.00USUSDDec 2013

Biography

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 20:54
End of Day Share Price2019/10/22 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.