Market Cap
€741.2m
Last Updated
2021/01/16 19:26 UTC
Data Sources
Company Financials
Executive Summary
Renk Aktiengesellschaft develops, produces, and distributes drive technology products worldwide. More Details
Rewards
Risk Analysis
No risks detected for ZAR from our risk checks.
Snowflake Analysis
Flawless balance sheet, undervalued and pays a dividend.
Similar Companies
Share Price & News
How has Renk's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZAR is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ZAR's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0%
ZAR
-2.1%
DE Auto Components
-1.2%
DE Market
1 Year Return
2.8%
ZAR
-1.6%
DE Auto Components
2.3%
DE Market
Return vs Industry: ZAR exceeded the German Auto Components industry which returned -1.6% over the past year.
Return vs Market: ZAR matched the German Market which returned 2.3% over the past year.
Shareholder returns
| ZAR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -2.1% | -1.2% |
| 30 Day | 0% | 0.1% | 2.5% |
| 90 Day | -3.5% | 17.3% | 8.1% |
| 1 Year | 5.1%2.8% | 1.9%-1.6% | 5.6%2.3% |
| 3 Year | 2.0%-4.4% | -46.2%-51.2% | 3.6%-5.5% |
| 5 Year | 21.6%9.0% | -28.1%-37.9% | 41.3%21.3% |
Long-Term Price Volatility Vs. Market
How volatile is Renk's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 months ago | Simply Wall St
Read This Before Judging Renk Aktiengesellschaft's (FRA:ZAR) ROE1 year ago | Simply Wall St
Does Renk Aktiengesellschaft’s (FRA:ZAR) ROCE Reflect Well On The Business?1 year ago | Simply Wall St
Should You Buy Renk Aktiengesellschaft (FRA:ZAR) For Its Dividend?Valuation
Is Renk 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: ZAR (€109) is trading below our estimate of fair value (€583.44)
Significantly Below Fair Value: ZAR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZAR is good value based on its PE Ratio (12.1x) compared to the XE Auto Components industry average (25.8x).
PE vs Market: ZAR is good value based on its PE Ratio (12.1x) compared to the German market (23.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZAR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZAR is good value based on its PB Ratio (1.5x) compared to the DE Auto Components industry average (1.8x).
Next Steps
Future Growth
How is Renk forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
62.9%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Renk has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Renk is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Renk competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
Past Performance
How has Renk performed over the past 5 years?
1.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZAR has high quality earnings.
Growing Profit Margin: ZAR's current net profit margins (10.2%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: ZAR's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: ZAR's earnings growth over the past year (104.3%) exceeds its 5-year average (1.5% per year).
Earnings vs Industry: ZAR earnings growth over the past year (104.3%) exceeded the Auto Components industry -46.7%.
Return on Equity
High ROE: ZAR's Return on Equity (12.4%) is considered low.
Next Steps
Financial Health
How is Renk's financial position?
Financial Position Analysis
Short Term Liabilities: ZAR's short term assets (€517.2M) exceed its short term liabilities (€201.8M).
Long Term Liabilities: ZAR's short term assets (€517.2M) exceed its long term liabilities (€134.5M).
Debt to Equity History and Analysis
Debt Level: ZAR is debt free.
Reducing Debt: ZAR had no debt 5 years ago.
Debt Coverage: ZAR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZAR has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Renk current dividend yield, its reliability and sustainability?
2.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZAR's dividend (2.02%) is higher than the bottom 25% of dividend payers in the German market (1.02%).
High Dividend: ZAR's dividend (2.02%) is low compared to the top 25% of dividend payers in the German market (3.51%).
Stability and Growth of Payments
Stable Dividend: ZAR's dividends per share have been stable in the past 10 years.
Growing Dividend: ZAR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.5%), ZAR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average board tenure
CEO
Florian Hofbauer
13.33yrs
Tenure
€849,000
Compensation
Dipl.-Ing. Florian Hofbauer serves as the Chairman and Managing Director of MLOG Logistics GmbH (formerly MAN Logistics GmbH). Dipl.-Ing. Hofbauer has been Chief Executive Officer of RENK AG since Septembe...
CEO Compensation Analysis
Compensation vs Market: Florian's total compensation ($USD1.03M) is about average for companies of similar size in the German market ($USD1.20M).
Compensation vs Earnings: Florian's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of Supervisory Board | 1yr | no data | no data | |
| Member of the Supervisory Board | 0.25yr | no data | no data | |
| Member of Supervisory Board | 10.92yrs | €1.76k | no data | |
| Member of Supervisory Board | 1yr | no data | no data | |
| Chairman of Supervisory Board | 0.25yr | no data | no data | |
| Employee Representative Member of Supervisory Board | 1yr | no data | no data | |
| Employee Representative Member of the Supervisory Board | 2.75yrs | €12.50k | no data | |
| Employee Representative Member of Supervisory Board | 2.75yrs | €10.00k | no data | |
| Employee Representative Member of the Supervisory Board | 2.75yrs | €10.00k | no data | |
| Employee Representative Member of the Supervisory Board | 2.75yrs | €10.00k | no data | |
| Deputy Chairwoman of Supervisory Board | 0.25yr | no data | no data | |
| Member of Supervisory Board | 1yr | no data | no data |
1.0yrs
Average Tenure
53.5yo
Average Age
Experienced Board: ZAR's board of directors are not considered experienced ( 1 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
Renk Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Renk Aktiengesellschaft
- Ticker: ZAR
- Exchange: DB
- Founded: 1873
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €741.211m
- Shares outstanding: 6.80m
- Website: https://www.renk.de
Number of Employees
Location
- Renk Aktiengesellschaft
- GOegginger Strasse 73
- Augsburg
- Bavaria
- 86159
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZAR | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1992 |
| 0GKF | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jan 1992 |
| ZAR | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1992 |
Biography
Renk Aktiengesellschaft develops, produces, and distributes drive technology products worldwide. The company operates through Special Gear Units, Vehicle Transmissions, Standard Gear Units, and Slide Beari...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 19:26 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.