Heidelberger Druckmaschinen
Market Cap
€343.0m
Last Updated
2021/03/07 18:45 UTC
Data Sources
Company Financials +
Executive Summary
Heidelberger Druckmaschinen Aktiengesellschaft manufactures, sells, and deals in printing press and other print media industry products in Europe, the Middle East, Africa, Asia/Pacific, Eastern Europe, North America, and South America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Heidelberger Druckmaschinen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HDD is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: HDD's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of German stocks.
Market Performance
7 Day Return
-6.3%
HDD
2.4%
DE Machinery
0.5%
DE Market
1 Year Return
60.9%
HDD
32.5%
DE Machinery
21.4%
DE Market
Return vs Industry: HDD exceeded the German Machinery industry which returned 32.6% over the past year.
Return vs Market: HDD exceeded the German Market which returned 21.5% over the past year.
Shareholder returns
| HDD | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.3% | 2.4% | 0.5% |
| 30 Day | -2.6% | -1.0% | -1.4% |
| 90 Day | 36.0% | 5.7% | 6.8% |
| 1 Year | 60.9%60.9% | 35.4%32.5% | 25.2%21.4% |
| 3 Year | -62.5%-62.5% | -21.5%-26.6% | 14.6%4.7% |
| 5 Year | -40.5%-40.5% | 2.3%-8.7% | 45.1%24.5% |
Long-Term Price Volatility Vs. Market
How volatile is Heidelberger Druckmaschinen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
What Can We Make Of Heidelberger Druckmaschinen's (ETR:HDD) CEO Compensation?1 month ago | Simply Wall St
Is Heidelberger Druckmaschinen (ETR:HDD) A Risky Investment?2 months ago | Simply Wall St
If You Had Bought Heidelberger Druckmaschinen's (ETR:HDD) Shares Three Years Ago You Would Be Down 72%Valuation
Is Heidelberger Druckmaschinen 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: HDD (€1.13) is trading below our estimate of fair value (€10.21)
Significantly Below Fair Value: HDD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HDD is unprofitable, so we can't compare its PE Ratio to the DE Machinery industry average.
PE vs Market: HDD 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 HDD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HDD is overvalued based on its PB Ratio (5.9x) compared to the DE Machinery industry average (1.8x).
Next Steps
Future Growth
How is Heidelberger Druckmaschinen forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
99.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HDD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.07%).
Earnings vs Market: HDD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HDD's is expected to become profitable in the next 3 years.
Revenue vs Market: HDD's revenue (5.8% per year) is forecast to grow slower than the German market (6.1% per year).
High Growth Revenue: HDD's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HDD's Return on Equity is forecast to be very high in 3 years time (66.6%).
Next Steps
Past Performance
How has Heidelberger Druckmaschinen performed over the past 5 years?
-78.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HDD is currently unprofitable.
Growing Profit Margin: HDD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HDD is unprofitable, and losses have increased over the past 5 years at a rate of 78.3% per year.
Accelerating Growth: Unable to compare HDD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HDD is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-45.4%).
Return on Equity
High ROE: HDD has a negative Return on Equity (-578.95%), as it is currently unprofitable.
Next Steps
Financial Health
How is Heidelberger Druckmaschinen's financial position?
Financial Position Analysis
Short Term Liabilities: HDD's short term assets (€1.3B) exceed its short term liabilities (€797.0M).
Long Term Liabilities: HDD's short term assets (€1.3B) do not cover its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: HDD's debt to equity ratio (440.3%) is considered high.
Reducing Debt: HDD's debt to equity ratio has increased from 143.1% to 440.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if HDD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HDD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Heidelberger Druckmaschinen current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HDD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HDD'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 HDD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HDD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HDD is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HDD'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?
4.3yrs
Average management tenure
CEO
Rainer Hundsdörfer (63 yo)
4.33yrs
Tenure
€1,966,000
Compensation
Mr. Rainer Hundsdörfer has been the Chief Executive Officer and Chairman of The Board of Management at Heidelberger Druckmaschinen AG since November 14, 2016 and is its Management Board Member Heidelberg...
CEO Compensation Analysis
Compensation vs Market: Rainer's total compensation ($USD2.34M) is above average for companies of similar size in the German market ($USD907.20K).
Compensation vs Earnings: Rainer's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board & CEO | 4.33yrs | €1.97m | no data | |
| CFO & Financial Services | 1.5yrs | €940.36k | no data | |
| Head of Investor Relations & Group Communications | 10.17yrs | no data | no data | |
| Head of Print Media Relations | no data | no data | no data | |
| Head of Research & Development | no data | no data | no data | |
| Head of Application Development | no data | no data | no data | |
| Head of Advertising & Sales Media -Audi Ag | no data | no data | no data |
4.3yrs
Average Tenure
63yo
Average Age
Experienced Management: HDD's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Employee Representative Member of the Supervisory Board | 15.58yrs | €54.50k | no data | |
| Employee Representative Member of the Supervisory Board | 14.92yrs | €62.50k | no data | |
| Independent Member of Supervisory Board | 3.83yrs | €58.00k | no data | |
| Independent Member of Supervisory Board | 5yrs | €53.00k | no data | |
| Member of Supervisory Board | 1.67yrs | €33.50k | no data | |
| Independent Member of Supervisory Board | 0.67yr | no data | no data | |
| Independent Chairman of the Supervisory Board | 1.25yrs | €46.50k | no data | |
| Employee Representative Deputy Chairman of the Supervisory Board | 2.67yrs | €102.50k | no data | |
| Employee Representative Member of Supervisory Board | 2.67yrs | €45.50k | no data | |
| Employee Representative Member of Supervisory Board | 2.67yrs | €46.00k | no data | |
| Employee Representative Member of Supervisory Board | 2.67yrs | €54.00k | no data | |
| Member of Supervisory Board | 2.67yrs | €54.00k | no data |
2.7yrs
Average Tenure
54yo
Average Age
Experienced Board: HDD's board of directors are not considered experienced ( 2.7 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
Heidelberger Druckmaschinen Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Heidelberger Druckmaschinen Aktiengesellschaft
- Ticker: HDD
- Exchange: XTRA
- Founded: 1850
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €342.987m
- Shares outstanding: 304.34m
- Website: https://www.heidelberg.com
Number of Employees
Location
- Heidelberger Druckmaschinen Aktiengesellschaft
- KurfUersten-Anlage 52-60
- Heidelberg
- Baden-Württemberg
- 69115
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HBGR.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Dec 1997 |
| HDD | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Dec 1997 |
| HDD | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Dec 1997 |
| 0OC2 | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Dec 1997 |
| HDDD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Dec 1997 |
| HDD | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Dec 1997 |
| HDD | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Dec 1997 |
| HBGR.Y | OTCPK (Pink Sheets LLC) | UNSP ADR EACH REPR 1/2 ORD | US | USD | Oct 2008 | |
| HDDF | DB (Deutsche Boerse AG) | UNSP ADR EACH REPR 1/2 ORD | DE | EUR | Oct 2008 |
Biography
Heidelberger Druckmaschinen Aktiengesellschaft manufactures, sells, and deals in printing press and other print media industry products in Europe, the Middle East, Africa, Asia/Pacific, Eastern Europe, Nor...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 18:45 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.