DB:ED4

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EDAG Engineering Group

Executive Summary

EDAG Engineering Group AG, an engineering service provider, develops vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has EDAG Engineering Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ED4's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.6%

ED4

2.7%

DE Auto Components

-1.8%

DE Market


1 Year Return

-16.7%

ED4

-17.7%

DE Auto Components

1.7%

DE Market

Return vs Industry: ED4 exceeded the German Auto Components industry which returned -17.7% over the past year.

Return vs Market: ED4 underperformed the German Market which returned 1.7% over the past year.


Shareholder returns

ED4IndustryMarket
7 Day0.6%2.7%-1.8%
30 Day12.1%8.2%-1.6%
90 Day41.6%8.9%-1.8%
1 Year-16.7%-16.7%-15.0%-17.7%4.9%1.7%
3 Year-28.8%-35.7%-46.7%-51.6%2.0%-6.9%
5 Yearn/a-41.6%-49.4%24.2%6.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is EDAG Engineering Group undervalued compared to its fair value and its price relative to the market?

1.92x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ED4 (€8.55) is trading above our estimate of fair value (€4.23)

Significantly Below Fair Value: ED4 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ED4 is unprofitable, so we can't compare its PE Ratio to the XE Auto Components industry average.

PE vs Market: ED4 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 ED4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ED4 is overvalued based on its PB Ratio (1.9x) compared to the DE Auto Components industry average (1.5x).


Next Steps

Future Growth

How is EDAG Engineering Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

103.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ED4 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: ED4 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ED4's is expected to become profitable in the next 3 years.

Revenue vs Market: ED4's revenue (4.9% per year) is forecast to grow slower than the German market (6.1% per year).

High Growth Revenue: ED4's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ED4's Return on Equity is forecast to be low in 3 years time (12.3%).


Next Steps

Past Performance

How has EDAG Engineering Group performed over the past 5 years?

-36.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ED4 is currently unprofitable.

Growing Profit Margin: ED4 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ED4 is unprofitable, and losses have increased over the past 5 years at a rate of 36.8% per year.

Accelerating Growth: Unable to compare ED4's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ED4 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-44.2%).


Return on Equity

High ROE: ED4 has a negative Return on Equity (-12.52%), as it is currently unprofitable.


Next Steps

Financial Health

How is EDAG Engineering Group's financial position?


Financial Position Analysis

Short Term Liabilities: ED4's short term assets (€265.5M) exceed its short term liabilities (€197.4M).

Long Term Liabilities: ED4's short term assets (€265.5M) do not cover its long term liabilities (€291.8M).


Debt to Equity History and Analysis

Debt Level: ED4's debt to equity ratio (126.7%) is considered high.

Reducing Debt: ED4's debt to equity ratio has reduced from 137% to 126.7% over the past 5 years.

Debt Coverage: ED4's debt is well covered by operating cash flow (80.2%).

Interest Coverage: ED4 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is EDAG Engineering Group current dividend yield, its reliability and sustainability?

1.84%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ED4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ED4'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 ED4's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ED4's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ED4 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ED4'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?

1.3yrs

Average management tenure


CEO

Cosimo De Carlo (47 yo)

2.5yrs

Tenure

€138,000

Compensation

Mr. Cosimo De Carlo has been Chief Executive Officer and Member of Executive Board of EDAG Engineering Group AG since April 15, 2018. Mr. De Carlo has been Group Vice President of Automotive Business at Al ...


CEO Compensation Analysis

Compensation vs Market: Cosimo's total compensation ($USD163.78K) is below average for companies of similar size in the German market ($USD715.64K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Cosimo De Carlo
CEO & Member of Executive Board2.5yrs€138.00k0.024%
€ 51.6k
Holger Merz
CFO & Member of Executive Board1.33yrs€51.00k0.00046%
€ 989.0
Harald Keller
COO & Member of Executive Board1.33yrsno datano data
Sebastian Lehmann
Head of Investor Relationsno datano datano data
Christoph Horvath
Director of PR-Communicationno datano datano data
Michael Pollner
Head of Marketing & Editor-In-Chiefno datano datano data
Reinhard Bolz
Head of Fairs and Exhibitionsno datano datano data
Johannes Barckmann
Chief Designerno datano datano data
Martin Hillebrecht
Head of Competence Centre for Lightweight Constructionno datano datano data
Heiko Herchet
Chief Executive Electrifier of Trive.Meno datano datano data
Bernd Waterkamp
Head of Product Reliability & Documentationno datano datano data
Torsten Bien
Head of Electrics / Elektronicno datano datano data

1.3yrs

Average Tenure

Experienced Management: ED4's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Georg Johannes Denoke
Chairman of the Board2.17yrs€350.00kno data
Manfred Hahl
Director1.33yrs€88.00k0.053%
€ 113.2k
Philippe Weber
Non-Executive Director4.92yrs€160.00kno data
Sylvia Schorr
Non-Executive Director4.92yrs€150.00kno data
Clemens Prändl
Director1.33yrs€88.00kno data

2.2yrs

Average Tenure

55yo

Average Age

Experienced Board: ED4's board of directors are not considered experienced ( 2.2 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

EDAG Engineering Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EDAG Engineering Group AG
  • Ticker: ED4
  • Exchange: DB
  • Founded: 1969
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: €215.000m
  • Shares outstanding: 25.00m
  • Website: https://www.edag-engineering.de

Number of Employees


Location

  • EDAG Engineering Group AG
  • Schlossgasse 2
  • Arbon
  • Thurgau
  • 9320
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ED4DB (Deutsche Boerse AG)YesShare CapitalDEEURDec 2015
ED4XTRA (XETRA Trading Platform)YesShare CapitalDEEURDec 2015
0RCXLSE (London Stock Exchange)YesShare CapitalGBEURDec 2015
ED4DBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURDec 2015

Biography

EDAG Engineering Group AG, an engineering service provider, develops vehicles, derivatives, modules, and production facilities for the automotive and commercial vehicle industries worldwide. The company op ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:12
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
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.