XTRA:HDD

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Heidelberger Druckmaschinen

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


Snowflake Analysis

Moderate 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 75% of German stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HDD'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

-0.4%

HDD

-0.8%

DE Machinery

0.5%

DE Market


1 Year Return

-34.6%

HDD

6.3%

DE Machinery

2.0%

DE Market

Return vs Industry: HDD underperformed the German Machinery industry which returned 7.9% over the past year.

Return vs Market: HDD underperformed the German Market which returned 3.8% over the past year.


Shareholder returns

HDDIndustryMarket
7 Day-0.4%-0.8%0.5%
30 Day58.5%10.6%11.6%
90 Day32.8%6.0%3.0%
1 Year-34.6%-34.6%8.8%6.3%5.3%2.0%
3 Year-71.6%-71.6%-29.1%-33.6%4.9%-4.2%
5 Year-65.0%-65.0%-6.1%-15.9%27.0%9.1%

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

Valuation

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

27.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HDD (€0.81) is trading below our estimate of fair value (€1.11)

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 (2.1x) compared to the DE Machinery industry average (1.6x).


Next Steps

Future Growth

How is Heidelberger Druckmaschinen forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

73.4%

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 (0.2%).

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 (3.4% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: HDD's revenue (3.4% 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 low in 3 years time (17.8%).


Next Steps

Past Performance

How has Heidelberger Druckmaschinen performed over the past 5 years?

-69.9%

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 69.9% 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 (-48%).


Return on Equity

High ROE: HDD has a negative Return on Equity (-290.93%), 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 (€1.2B) exceed its short term liabilities (€752.3M).

Long Term Liabilities: HDD's short term assets (€1.2B) do not cover its long term liabilities (€1.3B).


Debt to Equity History and Analysis

Debt Level: HDD's debt to equity ratio (182.3%) is considered high.

Reducing Debt: HDD's debt to equity ratio has increased from 165.2% to 182.3% 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?

4.1yrs

Average management tenure


CEO

Rainer Hundsdörfer (63 yo)

4.08yrs

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 ($USD2.38M) is above average for companies of similar size in the German market ($USD694.99K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rainer Hundsdörfer
Chairman of Management Board & CEO4.08yrs€1.97mno data
Marcus Wassenberg
CFO & Financial Services1.25yrs€940.36kno data
Robin Karpp
Head of Investor Relations & Group Communications9.92yrsno datano data
Detlev Dierkes
Head of Print Media Relationsno datano datano data
Frank Kropp
Head of Research & Developmentno datano datano data
André Schuengel
Head of Application Developmentno datano datano data
Michael Finke
Head of Advertising & Sales Media -Audi Agno datano datano data

4.1yrs

Average Tenure

63yo

Average Age

Experienced Management: HDD's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mirko Geiger
Employee Representative Member of the Supervisory Board15.33yrs€54.50kno data
Beate Schmitt
Employee Representative Member of the Supervisory Board14.67yrs€62.50kno data
Oliver Jung
Independent Member of Supervisory Board3.58yrs€58.00kno data
Karen Heumann
Independent Member of Supervisory Board4.75yrs€53.00kno data
Li Li
Member of Supervisory Board1.42yrs€33.50kno data
Ina Schlie
Independent Member of Supervisory Board0.42yrno datano data
Martin Sonnenschein
Independent Chairman of the Supervisory Board1yr€46.50kno data
Ralph Arns
Employee Representative Deputy Chairman of the Supervisory Board2.42yrs€102.50kno data
Petra Otte
Employee Representative Member of Supervisory Board2.42yrs€45.50kno data
Joachim Dencker
Employee Representative Member of Supervisory Board2.42yrs€46.00kno data
Gerald Dörr
Employee Representative Member of Supervisory Board2.42yrs€54.00kno data
Ferdinand Rüesch
Member of Supervisory Board2.42yrs€54.00kno data

2.4yrs

Average Tenure

54yo

Average Age

Experienced Board: HDD's board of directors are not considered experienced ( 2.4 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: €234.795m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HBGR.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDDec 1997
HDDDB (Deutsche Boerse AG)YesBearer SharesDEEURDec 1997
HDDXTRA (XETRA Trading Platform)YesBearer SharesDEEURDec 1997
0OC2LSE (London Stock Exchange)YesBearer SharesGBEURDec 1997
HDDDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURDec 1997
HDDSWX (SIX Swiss Exchange)YesBearer SharesCHCHFDec 1997
HDDWBAG (Wiener Boerse AG)YesBearer SharesATEURDec 1997
HBGR.YOTCPK (Pink Sheets LLC)UNSP ADR EACH REPR 1/2 ORDUSUSDOct 2008
HDDFDB (Deutsche Boerse AG)UNSP ADR EACH REPR 1/2 ORDDEEUROct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 19:22
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.