Schaeffler AG manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific.
+ 1 more risk
Adequate balance sheet with reasonable growth potential.
Share Price & News
How has Schaeffler's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHA'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: SHA exceeded the German Auto Components industry which returned -28% over the past year.
Return vs Market: SHA exceeded the German Market which returned -4.6% over the past year.
Price Volatility Vs. Market
How volatile is Schaeffler's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Schaeffler undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHA (€6.53) is trading below our estimate of fair value (€7.21)
Significantly Below Fair Value: SHA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SHA is poor value based on its PE Ratio (40.6x) compared to the Auto Components industry average (14.2x).
PE vs Market: SHA is poor value based on its PE Ratio (40.6x) compared to the German market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: SHA is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SHA is overvalued based on its PB Ratio (1.8x) compared to the DE Auto Components industry average (0.7x).
How is Schaeffler forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHA's forecast earnings growth (67.7% per year) is above the savings rate (0.2%).
Earnings vs Market: SHA's earnings (67.7% per year) are forecast to grow faster than the German market (21.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHA's revenue (5% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: SHA'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: SHA's Return on Equity is forecast to be high in 3 years time (20.9%)
How has Schaeffler performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHA has a large one-off loss of €288.0M impacting its March 31 2020 financial results.
Growing Profit Margin: SHA's current net profit margins (0.8%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: SHA's earnings have declined by -4.1% per year over the past 5 years.
Accelerating Growth: SHA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHA had negative earnings growth (-86.3%) over the past year, making it difficult to compare to the Auto Components industry average (-24.5%).
Return on Equity
High ROE: SHA's Return on Equity (4.6%) is considered low.
How is Schaeffler's financial position?
Financial Position Analysis
Short Term Liabilities: SHA's short term assets (€5.4B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: SHA's short term assets (€5.4B) do not cover its long term liabilities (€6.3B).
Debt to Equity History and Analysis
Debt Level: SHA's debt to equity ratio (118.3%) is considered high.
Reducing Debt: SHA's debt to equity ratio has reduced from 1616.2% to 118.3% over the past 5 years.
Debt Coverage: SHA's debt is well covered by operating cash flow (57.5%).
Interest Coverage: SHA's interest payments on its debt are well covered by EBIT (11.3x coverage).
What is Schaeffler's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHA's dividend (6.9%) is higher than the bottom 25% of dividend payers in the German market (1.36%).
High Dividend: SHA's dividend (6.9%) is in the top 25% of dividend payers in the German market (4.18%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SHA has been paying a dividend for less than 10 years.
Growing Dividend: SHA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (280.1%), SHA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHA's dividends in 3 years are forecast to be covered by earnings (52.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Klaus Rosenfeld (53yo)
Mr. Klaus Rosenfeld serves as Chief Executive Officer and Managing Director at IHO Verwaltungs GmbH (alternative name Schaeffler Verwaltung Zwei GmbH). Mr. Rosenfeld serves as the Chief Executive Officer a ...
CEO Compensation Analysis
Compensation vs Market: Klaus's total compensation ($USD4.80M) is above average for companies of similar size in the German market ($USD2.68M).
Compensation vs Earnings: Klaus's compensation has been consistent with company performance over the past year.
|CEO, Member of Board of Managing Directors & Member of Executive Board||5.92yrs||€4.41m||no data|
|CFO, Member of Executive Board & Member of Board of Managing Directors||2.75yrs||€1.88m||no data|
|CEO of Industrial||no data||€2.08m||no data|
|COO, Member of Executive Board & Member of Board of Managing Directors||2.08yrs||€1.93m||no data|
|Chief HR Officer||4.33yrs||€1.92m||no data|
|CTO & Member of the Board of Managing Directors||0.58yr||€924.00k||no data|
|CEO of Automotive OEM||3.33yrs||€1.93m||no data|
|CEO of Automotive Aftermarket||2.33yrs||€1.89m||no data|
|Regional CEO of Greater China & Member of Executive Board||no data||no data||no data|
|Member of Executive Board & Regional CEO of Europe||2.75yrs||no data||no data|
Experienced Management: SHA's management team is considered experienced (2.8 years average tenure).
|Independent Member of Supervisory Board||5.42yrs||€81.00k||no data|
|Member of Supervisory Board||5.42yrs||€58.00k||no data|
|Member of Supervisory Board||5.42yrs||€105.00k||no data|
|Member of Supervisory Board||5.42yrs||€78.00k||no data|
|Deputy Chairperson of Supervisory Board||no data||€95.00k||no data|
|Independent Member of Supervisory Board||5.42yrs||€62.00k||no data|
|Employee representative Deputy Chairman of Supervisory Board||4.5yrs||€112.00k||no data|
|Employee Representative of Supervisory Board||4.5yrs||€88.00k||no data|
|Chairman of Supervisory Board||no data||€160.00k||no data|
|Member of Supervisory Board||5.42yrs||€62.00k||no data|
Experienced Board: SHA's board of directors are considered experienced (5.4 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.
Schaeffler AG's company bio, employee growth, exchange listings and data sources
- Name: Schaeffler AG
- Ticker: SHA
- Exchange: XTRA
- Founded: 1946
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €4.346b
- Shares outstanding: 666.00m
- Website: https://www.schaeffler.com
Number of Employees
- Schaeffler AG
- Industriestrasse 1-3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|129556102||BDL (Bourse de Luxembourg)||Yes||Bearer Shares||LU||EUR||Oct 2015|
|SHA||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Oct 2015|
|SHA||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Oct 2015|
|SHAD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Oct 2015|
|0RBK||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Oct 2015|
|SCFL.F||OTCPK (Pink Sheets LLC)||Yes||Bearer Shares||US||USD||Oct 2015|
|SHAF||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Oct 2015|
|SHA||WBAG (Wiener Boerse AG)||Yes||Bearer Shares||AT||EUR||Oct 2015|
|SHA||ETLX (Eurotlx)||Yes||Bearer Shares||IT||EUR||Oct 2015|
|SHAU||DB (Deutsche Boerse AG)||UNSPON ADR EACH REP 1 ORD SHS||DE||EUR||Sep 2017|
Schaeffler AG manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company’s Automotive OEM division offers engine systems, including rolling bearing solutions, belt and chain drive products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components. This division also provides chassis systems comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems; and hybrid and electrical drive systems that include hybrid modules, electrical axle drives, and electrical wheel hub drives. Its Automotive Aftermarket division offers repair solutions for passenger cars, light commercial vehicles, heavy commercial vehicles, and tractors, as well as supporting services. The company’s Industrial division provides components and systems for rotary and linear movements, as well as services, maintenance products, and monitoring systems. This division serves customers in the wind, raw materials, aerospace, railway, off-road, two-wheelers, power transmission, and industrial automation sectors, as well as industrial aftermarket, mobility, and energy and raw materials. Schaeffler AG has a strategic partnership with Fraunhofer-Gesellschaft. The company was formerly known as INA Beteiligungsgesellschaft mit beschränkter Haftung and changed its name to Schaeffler AG in October 2014. The company was founded in 1946 and is headquartered in Herzogenaurach, Germany. Schaeffler AG is a subsidiary of IHO Verwaltungs GmbH.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/25 08:25|
|End of Day Share Price||2020/05/22 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.