2G Energy
Market Cap
€423.1m
Last Updated
2021/01/21 19:34 UTC
Data Sources
Company Financials +
Executive Summary
2G Energy AG, together with its subsidiaries, develops, manufactures, and installs combined heat and power (CHP) systems, and other systems for the recovery of electrical energy in Germany and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Share Price & News
How has 2G Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2GB is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 2GB's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
Market Performance
7 Day Return
-3.0%
2GB
-1.7%
DE Electrical
0.7%
DE Market
1 Year Return
93.9%
2GB
49.6%
DE Electrical
3.6%
DE Market
Return vs Industry: 2GB exceeded the German Electrical industry which returned 49.6% over the past year.
Return vs Market: 2GB exceeded the German Market which returned 3.6% over the past year.
Shareholder returns
| 2GB | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -1.7% | 0.7% |
| 30 Day | 12.8% | 12.8% | 5.5% |
| 90 Day | 51.4% | 43.9% | 12.4% |
| 1 Year | 95.2%93.9% | 49.8%49.6% | 6.9%3.6% |
| 3 Year | 421.2%402.1% | 39.0%34.9% | 5.4%-3.9% |
| 5 Year | 425.4%386.7% | 35.0%27.7% | 41.6%21.8% |
Long-Term Price Volatility Vs. Market
How volatile is 2G Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Will The ROCE Trend At 2G Energy (ETR:2GB) Continue?2 weeks ago | Simply Wall St
Is It Worth Buying 2G Energy AG (ETR:2GB) For Its 0.5% Dividend Yield?1 month ago | Simply Wall St
Does 2G Energy (ETR:2GB) Deserve A Spot On Your Watchlist?Valuation
Is 2G Energy undervalued compared to its fair value and its price relative to the market?
41.29x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2GB (€95.4) is trading above our estimate of fair value (€75.4)
Significantly Below Fair Value: 2GB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2GB is poor value based on its PE Ratio (41.3x) compared to the DE Electrical industry average (39.9x).
PE vs Market: 2GB is poor value based on its PE Ratio (41.3x) compared to the German market (24.4x).
Price to Earnings Growth Ratio
PEG Ratio: 2GB is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: 2GB is overvalued based on its PB Ratio (6.2x) compared to the DE Electrical industry average (4.7x).
Next Steps
Future Growth
How is 2G Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
18.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2GB's forecast earnings growth (18.3% per year) is above the savings rate (0.07%).
Earnings vs Market: 2GB's earnings (18.3% per year) are forecast to grow slower than the German market (25% per year).
High Growth Earnings: 2GB's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2GB's revenue (9.7% per year) is forecast to grow faster than the German market (6% per year).
High Growth Revenue: 2GB's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2GB's Return on Equity is forecast to be low in 3 years time (15.2%).
Next Steps
Past Performance
How has 2G Energy performed over the past 5 years?
28.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2GB has high quality earnings.
Growing Profit Margin: 2GB's current net profit margins (4.5%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: 2GB's earnings have grown significantly by 28.3% per year over the past 5 years.
Accelerating Growth: 2GB's earnings growth over the past year (21%) is below its 5-year average (28.3% per year).
Earnings vs Industry: 2GB earnings growth over the past year (21%) exceeded the Electrical industry 20.1%.
Return on Equity
High ROE: 2GB's Return on Equity (15.1%) is considered low.
Next Steps
Financial Health
How is 2G Energy's financial position?
Financial Position Analysis
Short Term Liabilities: 2GB's short term assets (€123.9M) exceed its short term liabilities (€78.5M).
Long Term Liabilities: 2GB's short term assets (€123.9M) exceed its long term liabilities (€8.0M).
Debt to Equity History and Analysis
Debt Level: 2GB's debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 2GB's debt to equity ratio has increased from 13.1% to 15.2% over the past 5 years.
Debt Coverage: 2GB's debt is well covered by operating cash flow (86.7%).
Interest Coverage: 2GB's interest payments on its debt are well covered by EBIT (43x coverage).
Balance Sheet
Next Steps
Dividend
What is 2G Energy current dividend yield, its reliability and sustainability?
0.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2GB's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: 2GB's dividend (0.47%) is low compared to the top 25% of dividend payers in the German market (3.5%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 2GB has been paying a dividend for less than 10 years.
Growing Dividend: 2GB's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.5%), 2GB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2GB's dividends in 3 years are forecast to be well covered by earnings (16.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Christian Grotholt (52 yo)
13.58yrs
Tenure
Mr. Christian Grotholt has been the Chief Executive Officer of 2G energy AG (2G Bio-Energietechnik AG) since June 2007 and has been its Chairman of Management Board since July 17, 2007 & served as its Inte...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | 13.58yrs | no data | 30% € 126.9m | |
| CFO & Member of Management Board | 3.08yrs | no data | no data | |
| COO & Member of Management Board | 13.5yrs | no data | no data | |
| CTO & Member of the Management Board | 0.50yr | no data | no data |
8.3yrs
Average Tenure
50.5yo
Average Age
Experienced Management: 2GB's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Supervisory Board | 13.5yrs | no data | no data | |
| Member of Supervisory Board | 13.5yrs | no data | no data | |
| Deputy Chairman of Supervisory Board | 8.42yrs | no data | no data |
13.5yrs
Average Tenure
76yo
Average Age
Experienced Board: 2GB's board of directors are seasoned and experienced ( 13.5 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
2G Energy AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: 2G Energy AG
- Ticker: 2GB
- Exchange: XTRA
- Founded: 1995
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Market Cap: €423.065m
- Shares outstanding: 4.43m
- Website: https://www.2-g.com
Number of Employees
Location
- 2G Energy AG
- Benzstrasse 3
- Heek
- North Rhine-Westphalia
- 48619
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2GB | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 2007 |
| 2GB | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jul 2007 |
| ZGBE.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jul 2007 |
| 2GBD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jul 2007 |
Biography
2G Energy AG, together with its subsidiaries, develops, manufactures, and installs combined heat and power (CHP) systems, and other systems for the recovery of electrical energy in Germany and internationa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 19:34 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/06/30 |
| 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.