XTRA:ZIL2

Stock Analysis Report

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Executive Summary

ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry in Germany and internationally. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ZIL2 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ZIL2's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

2.0%

ZIL2

-2.1%

DE Auto Components

-1.2%

DE Market


1 Year Return

119.6%

ZIL2

-1.6%

DE Auto Components

2.3%

DE Market

Return vs Industry: ZIL2 exceeded the German Auto Components industry which returned -1.6% over the past year.

Return vs Market: ZIL2 exceeded the German Market which returned 2.3% over the past year.


Shareholder returns

ZIL2IndustryMarket
7 Day2.0%-2.1%-1.2%
30 Day-2.9%0.1%2.5%
90 Day55.2%17.3%8.1%
1 Year119.6%119.6%1.9%-1.6%5.6%2.3%
3 Year-14.8%-17.8%-46.2%-51.2%3.6%-5.5%
5 Year-23.7%-30.4%-28.1%-37.9%41.3%21.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ElringKlinger undervalued compared to its fair value and its price relative to the market?

1.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ZIL2 (€14.98) is trading above our estimate of fair value (€8.78)

Significantly Below Fair Value: ZIL2 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ZIL2 is unprofitable, so we can't compare its PE Ratio to the XE Auto Components industry average.

PE vs Market: ZIL2 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 ZIL2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZIL2 is good value based on its PB Ratio (1.2x) compared to the DE Auto Components industry average (1.8x).


Next Steps

Future Growth

How is ElringKlinger forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

96.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZIL2 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.07%).

Earnings vs Market: ZIL2 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZIL2's is expected to become profitable in the next 3 years.

Revenue vs Market: ZIL2's revenue (6.8% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: ZIL2's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZIL2's Return on Equity is forecast to be low in 3 years time (4.7%).


Next Steps

Past Performance

How has ElringKlinger performed over the past 5 years?

-44.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZIL2 is currently unprofitable.

Growing Profit Margin: ZIL2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZIL2 is unprofitable, and losses have increased over the past 5 years at a rate of 44.4% per year.

Accelerating Growth: Unable to compare ZIL2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ZIL2 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-46.7%).


Return on Equity

High ROE: ZIL2 has a negative Return on Equity (-2.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is ElringKlinger's financial position?


Financial Position Analysis

Short Term Liabilities: ZIL2's short term assets (€777.2M) exceed its short term liabilities (€498.2M).

Long Term Liabilities: ZIL2's short term assets (€777.2M) exceed its long term liabilities (€690.7M).


Debt to Equity History and Analysis

Debt Level: ZIL2's debt to equity ratio (73.2%) is considered high.

Reducing Debt: ZIL2's debt to equity ratio has increased from 63.5% to 73.2% over the past 5 years.

Debt Coverage: ZIL2's debt is well covered by operating cash flow (36.1%).

Interest Coverage: ZIL2 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is ElringKlinger current dividend yield, its reliability and sustainability?

0.81%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ZIL2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ZIL2'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 ZIL2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZIL2's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ZIL2 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZIL2'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?

14.8yrs

Average management tenure


CEO

Stefan Wolf (59 yo)

14.83yrs

Tenure

€1,637,000

Compensation

Dr. Stefan Wolf has been Chairman of the Management Board and Chief Executive Officer of Elringklinger AG since March 2006. Dr. Wolf has been a Member of Management Board at Elringklinger Ag since January ...


CEO Compensation Analysis

Compensation vs Market: Stefan's total compensation ($USD1.98M) is above average for companies of similar size in the German market ($USD1.20M).

Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Wolf
Chairman of the Management Board & CEO14.83yrs€1.64mno data
Thomas Jessulat
CFO & Member of Management Board5yrs€965.00kno data
Theo Becker
CTO & Member of the Management Board15yrs€1.24mno data
Reiner Drews
COO & Member of Management Board2.75yrs€897.00kno data
Manfred Strauß
MD & Member of the Supervisory Board25yrs€47.00kno data
Armin Diez
Head of Fuel Cell Technology Unit & Supervisory Board Member10.67yrs€44.00kno data
Olcay Zeybek
Head of Accounting & Employee Representative Member of Supervisory Board1yrno datano data
Jurgen Weingartner
Head of Technical Serviceno datano datano data
Jens Winter
Head Investor Relationsno datano datano data
Carolin Junk
Head of Corporate Human Resourcesno datano datano data
Olav Hahn
Head of Supplier Development & Central Quality Managementno datano datano data
Joe Liu
Head of Independent Aftermarketno datano datano data

14.8yrs

Average Tenure

53yo

Average Age

Experienced Management: ZIL2's management team is seasoned and experienced (14.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manfred Strauß
MD & Member of the Supervisory Board25yrs€47.00kno data
Armin Diez
Head of Fuel Cell Technology Unit & Supervisory Board Member10.67yrs€44.00kno data
Olcay Zeybek
Head of Accounting & Employee Representative Member of Supervisory Board1yrno datano data
Klaus Eberhardt
Chairman of the Supervisory Board3.67yrs€100.00kno data
Markus Siegers
Employee Representative Deputy Chairman of the Supervisory Board3.67yrs€69.00kno data
Helmut Merch
Member of Supervisory Board0.50yrno datano data
Rita Forst
Member of Supervisory Board5.67yrs€40.00kno data
Andreas Kraut
Member of Supervisory Board3.67yrs€38.00kno data
Paula Maria de Monteiro-Munz
Employee Representative Member of the Supervisory Board10.67yrs€44.00kno data
Gabriele Sons
Member of Supervisory Board6.67yrs€48.00kno data
Barbara Resch
Employee Representative Member of Supervisory Board0.50yrno datano data
Gerald Müller
Employee Representative Member of Supervisory Board3.42yrs€40.00kno data

3.7yrs

Average Tenure

52yo

Average Age

Experienced Board: ZIL2's board of directors are considered experienced (3.7 years average tenure).


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

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


Key Information

  • Name: ElringKlinger AG
  • Ticker: ZIL2
  • Exchange: XTRA
  • Founded: 1879
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €949.133m
  • Shares outstanding: 63.36m
  • Website: https://www.elringklinger.com

Number of Employees


Location

  • ElringKlinger AG
  • Max-Eyth-Strasse 2
  • Dettingen an der Erms
  • Baden-Württemberg
  • 72581
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EGKL.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDJan 1992
ZIL2DB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 1992
ZIL2XTRA (XETRA Trading Platform)YesRegistered SharesDEEURJan 1992
0MG5LSE (London Stock Exchange)YesRegistered SharesGBEURJan 1992
ZIL2DBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURJan 1992
ZIL2SWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 1992
ZIL2WBAG (Wiener Boerse AG)YesRegistered SharesATEURJan 1992
ELLR.YOTCPK (Pink Sheets LLC)UNSPONSRED ADRUSUSDApr 2018
ZILDB (Deutsche Boerse AG)UNSPONSRED ADRDEEURApr 2018

Biography

ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry in Germany and internationally. It operates through...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 18:33
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.