PWO Stock Overview
Progress-Werk Oberkirch AG engages in the development and production of metal components and subsystems for mobility industry in Germany, Czechia, Canada, Mexico, Hog Kong, and China.
Progress-Werk Oberkirch Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€31.90|
|52 Week High||€34.60|
|52 Week Low||€26.00|
|1 Month Change||13.52%|
|3 Month Change||4.93%|
|1 Year Change||7.77%|
|3 Year Change||29.68%|
|5 Year Change||-24.08%|
|Change since IPO||189.31%|
Recent News & Updates
We Think Progress-Werk Oberkirch (ETR:PWO) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|PWO||DE Auto Components||DE Market|
Return vs Industry: PWO exceeded the German Auto Components industry which returned -29.9% over the past year.
Return vs Market: PWO exceeded the German Market which returned -20.4% over the past year.
|PWO Average Weekly Movement||4.2%|
|Auto Components Industry Average Movement||6.2%|
|Market Average Movement||5.7%|
|10% most volatile stocks in DE Market||10.2%|
|10% least volatile stocks in DE Market||2.8%|
Stable Share Price: PWO is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PWO's weekly volatility (4%) has been stable over the past year.
About the Company
Progress-Werk Oberkirch AG engages in the development and production of metal components and subsystems for mobility industry in Germany, Czechia, Canada, Mexico, Hog Kong, and China. It offers mechanical components for electrical and electronic applications, such as motor housings, rotor housings, and covers for electronic control units. The company also provides safety components for airbags and seats, as well as casings for steering wheel suspension; and structural components and sub-systems for vehicle body and chassis consisting of body components, instrument panel carriers, and air spring pots.
Progress-Werk Oberkirch Fundamentals Summary
|PWO fundamental statistics|
Is PWO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PWO income statement (TTM)|
|Cost of Revenue||€263.54m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 09, 2022
|Earnings per share (EPS)||5.34|
|Net Profit Margin||3.72%|
How did PWO perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is PWO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PWO?
Other financial metrics that can be useful for relative valuation.
|What is PWO's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PWO's PE Ratio compare to its peers?
|PWO PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ED4 EDAG Engineering Group
NVM Novem Group
PWO Progress-Werk Oberkirch
Price-To-Earnings vs Peers: PWO is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (9.7x).
Price to Earnings Ratio vs Industry
How does PWO's PE Ratio compare vs other companies in the European Auto Components Industry?
Price-To-Earnings vs Industry: PWO is good value based on its Price-To-Earnings Ratio (6x) compared to the German Auto Components industry average (10.1x)
Price to Earnings Ratio vs Fair Ratio
What is PWO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||6x|
|Fair PE Ratio||9.2x|
Price-To-Earnings vs Fair Ratio: PWO is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (9.2x).
Share Price vs Fair Value
What is the Fair Price of PWO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PWO (€31.9) is trading above our estimate of fair value (€19.64)
Significantly Below Fair Value: PWO is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Progress-Werk Oberkirch forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PWO's earnings are forecast to decline over the next 3 years (-1.7% per year).
Earnings vs Market: PWO's earnings are forecast to decline over the next 3 years (-1.7% per year).
High Growth Earnings: PWO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PWO's revenue (3.8% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: PWO'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: Insufficient data to determine if PWO's Return on Equity is forecast to be high in 3 years time
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How has Progress-Werk Oberkirch performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PWO has high quality earnings.
Growing Profit Margin: PWO's current net profit margins (3.7%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: PWO's earnings have declined by 8.3% per year over the past 5 years.
Accelerating Growth: PWO's earnings growth over the past year (1700.4%) exceeds its 5-year average (-8.3% per year).
Earnings vs Industry: PWO earnings growth over the past year (1700.4%) exceeded the Auto Components industry 143.9%.
Return on Equity
High ROE: PWO's Return on Equity (11.5%) is considered low.
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How is Progress-Werk Oberkirch's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PWO's short term assets (€186.1M) exceed its short term liabilities (€153.3M).
Long Term Liabilities: PWO's short term assets (€186.1M) exceed its long term liabilities (€108.6M).
Debt to Equity History and Analysis
Debt Level: PWO's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: PWO's debt to equity ratio has reduced from 122.2% to 75.7% over the past 5 years.
Debt Coverage: PWO's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: PWO's interest payments on its debt are well covered by EBIT (4x coverage).
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What is Progress-Werk Oberkirch current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PWO's dividend (4.7%) is higher than the bottom 25% of dividend payers in the German market (1.46%).
High Dividend: PWO's dividend (4.7%) is in the top 25% of dividend payers in the German market (4.5%)
Stability and Growth of Payments
Stable Dividend: PWO's dividend payments have been volatile in the past 10 years.
Growing Dividend: PWO's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), PWO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (126.4%), PWO's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Carlo Lazzarini serves as Member of Management Board at Progress-Werk Oberkirch AG since September 1, 2020 and serves as its Chief Executive Officer since September 5, 2020. He serves as Global Head of...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Carlo's total compensation is reasonable compared to companies of similar size in the German market.
Compensation vs Earnings: Insufficient data to compare Carlo's compensation with company performance.
Experienced Management: PWO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: PWO's board of directors are considered experienced (4.3 years average tenure).
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.
Progress-Werk Oberkirch AG's employee growth, exchange listings and data sources
- Name: Progress-Werk Oberkirch AG
- Ticker: PWO
- Exchange: XTRA
- Founded: 1919
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: €99.688m
- Shares outstanding: 3.13m
- Website: https://www.progress-werk.de
Number of Employees
- Progress-Werk Oberkirch AG
- Industriestrasse 8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.