Market Cap
€122.0m
Last Updated
2020/02/25 22:13 UTC
Data Sources
Company Financials +
Executive Summary
SHW AG develops and manufactures products to reduce fuel consumption and CO2 emissions in the automotive industry in Germany, rest of Europe, the United States, Asia, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Similar Companies
Share Price & News
How has SHW's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SW1 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.6%
SW1
-7.1%
DE Auto Components
-5.7%
DE Market
1 Year Return
-1.4%
SW1
-20.9%
DE Auto Components
6.1%
DE Market
Return vs Industry: SW1 exceeded the German Auto Components industry which returned -20.9% over the past year.
Return vs Market: SW1 underperformed the German Market which returned 6.1% over the past year.
Shareholder returns
| SW1 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -7.1% | -5.7% |
| 30 Day | -4.0% | -3.1% | -5.7% |
| 90 Day | -5.2% | -15.0% | -3.6% |
| 1 Year | -1.2%-1.4% | -17.7%-20.9% | 9.3%6.1% |
| 3 Year | -33.9%-37.0% | -37.0%-42.3% | 8.9%-0.7% |
| 5 Year | -54.3%-59.1% | -41.4%-47.7% | 13.6%-2.0% |
Price Volatility Vs. Market
How volatile is SHW's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is SHW 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: SW1 (€19.05) is trading below our estimate of fair value (€144.54)
Significantly Below Fair Value: SW1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SW1 is poor value based on its PE Ratio (14.6x) compared to the Auto Components industry average (12.5x).
PE vs Market: SW1 is good value based on its PE Ratio (14.6x) compared to the German market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: SW1 is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: SW1 is good value based on its PB Ratio (1x) compared to the DE Auto Components industry average (1.1x).
Next Steps
Future Growth
How is SHW forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
3.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SW1's forecast earnings growth (3% per year) is above the savings rate (-0.4%).
Earnings vs Market: SW1's earnings (3% per year) are forecast to grow slower than the German market (13% per year).
High Growth Earnings: SW1's earnings are forecast to grow, but not significantly.
Revenue vs Market: SW1's revenue (3.7% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: SW1's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SW1's Return on Equity is forecast to be low in 3 years time (5.5%).
Next Steps
Past Performance
How has SHW performed over the past 5 years?
-17.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SW1 has a large one-off loss of €8.8M impacting its June 30 2019 financial results.
Growing Profit Margin: SW1's current net profit margins (2%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: SW1's earnings have declined by -17.3% per year over the past 5 years.
Accelerating Growth: SW1's earnings growth over the past year (104.1%) exceeds its 5-year average (-17.3% per year).
Earnings vs Industry: SW1 earnings growth over the past year (104.1%) exceeded the Auto Components industry -29.1%.
Return on Equity
High ROE: SW1's Return on Equity (6.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is SHW's financial position?
Financial Position Analysis
Short Term Liabilities: SW1's short term assets (€133.4M) exceed its short term liabilities (€131.6M).
Long Term Liabilities: SW1's short term assets (€133.4M) exceed its long term liabilities (€52.4M).
Debt to Equity History and Analysis
Debt Level: SW1's debt to equity ratio (46.9%) is considered high.
Reducing Debt: SW1's debt to equity ratio has increased from 22.1% to 46.9% over the past 5 years.
Debt Coverage: SW1's debt is well covered by operating cash flow (41.2%).
Interest Coverage: SW1's interest payments on its debt are well covered by EBIT (20.3x coverage).
Balance Sheet
Inventory Level: SW1 has a high level of physical assets or inventory.
Debt Coverage by Assets: SW1's debt is covered by short term assets (assets are 2.2x debt).
Next Steps
Dividend
What is SHW's current dividend yield, its reliability and sustainability?
0.21%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SW1's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.43%).
High Dividend: SW1's dividend (0.21%) is low compared to the top 25% of dividend payers in the German market (3.8%).
Stability and Growth of Payments
Stable Dividend: SW1 is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: SW1 is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SW1 is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SW1'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?
1.8yrs
Average board tenure
CEO
Wolfgang Plasser (57yo)
1.7yrs
Tenure
€388,066
Compensation
Mr. Wolfgang Plasser serve as Chief Executive Officer and Chairman of Management of Board of SHW AG since June 12, 2018. He serves as the Chairman of the Management Board at Pankl Racing Systems AG and has ...
CEO Compensation Analysis
Compensation vs Market: Wolfgang's total compensation ($USD422.18K) is about average for companies of similar size in the German market ($USD415.76K).
Compensation vs Earnings: Insufficient data to compare Wolfgang's compensation with company performance.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | 2.1yrs | no data | no data | |
| Member of the Supervisory Board | 1.3yrs | €5.00k | no data | |
| Deputy Chairman of Supervisory Board | 1.8yrs | €26.00k | no data | |
| Chairman of the Supervisory Board | 1.8yrs | €40.00k | no data | |
| Member of Supervisory Board | 1.3yrs | €5.00k | no data | |
| Member of Supervisory Board | 9yrs | €20.00k | no data | |
| Member of Supervisory Board | 5.8yrs | €21.00k | no data | |
| Member of Supervisory Board | 1.8yrs | €20.00k | no data | |
| Member of Supervisory Board | 3.8yrs | €20.00k | no data |
1.8yrs
Average Tenure
56yo
Average Age
Experienced Board: SW1's board of directors are not considered experienced ( 1.8 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
SHW AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SHW AG
- Ticker: SW1
- Exchange: XTRA
- Founded: 1365
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €121.966m
- Shares outstanding: 6.44m
- Website: https://www.shw.de
Number of Employees
Location
- SHW AG
- Wilhelmstrasse 67
- Aalen
- Baden-Württemberg
- 73433
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SW1 | DB (Deutsche Boerse AG) | Yes | Ordinary Bearer Shares | DE | EUR | Jul 2011 |
| SW1 | XTRA (XETRA Trading Platform) | Yes | Ordinary Bearer Shares | DE | EUR | Jul 2011 |
| 0P5F | LSE (London Stock Exchange) | Yes | Ordinary Bearer Shares | GB | EUR | Jul 2011 |
| SW1 | SWX (SIX Swiss Exchange) | Yes | Ordinary Bearer Shares | CH | CHF | Jul 2011 |
Biography
SHW AG develops and manufactures products to reduce fuel consumption and CO2 emissions in the automotive industry in Germany, rest of Europe, the United States, Asia, and internationally. It operates in two segments, Pumps and Engine Compliments, and Brake Discs. The Pumps and Engine Compliments segment offers variable oil pumps/map-controlled oil pumps, e-pumps, primary transmission oil pumps, oil/vacuum pumps with or without balancer shafts, and camshaft phasers for passenger vehicles; and transmission oil, fuel, engine oil, and industrial pumps for truck and off-highway applications, as well as provides powder metallurgy products comprising sintered adjustment rings and rotors for variable oil pumps offering reduced consumption, camshaft phaser components of steel and aluminum powder, and backlash-free gearwheel systems. The Brake Discs segment develops and produces monobloc ventilated brake discs and composite brake discs. The company serves manufacturers of automobiles, commercial vehicles, agricultural machines, and construction machines, as well as other automotive suppliers. SHW AG was founded in 1365 and is headquartered in Aalen, Germany. SHW AG is a subsidiary of SHW Beteiligungs GmbH.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/25 22:13 |
| End of Day Share Price | 2020/02/25 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.