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Market Cap

€809.1m

Last Updated

2021/05/10 20:28 UTC

Data Sources

Company Financials +

Executive Summary

JOST Werke AG manufactures and supplies safety-critical systems for the commercial vehicle industry. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has JOST Werke's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JST is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: JST's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.6%

JST

4.4%

DE Machinery

-0.2%

DE Market


1 Year Return

113.4%

JST

58.0%

DE Machinery

36.9%

DE Market

Return vs Industry: JST exceeded the German Machinery industry which returned 51.8% over the past year.

Return vs Market: JST exceeded the German Market which returned 35.8% over the past year.


Shareholder returns

JSTIndustryMarket
7 Day-3.6%4.4%-0.2%
30 Day3.4%6.1%-0.4%
90 Day15.9%8.0%6.4%
1 Year117.3%113.4%61.4%58.0%41.7%36.9%
3 Year57.8%49.4%-2.8%-8.3%21.5%11.0%
5 Yearn/a22.6%10.1%56.2%34.4%

Long-Term Price Volatility Vs. Market

How volatile is JOST Werke's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JOST Werke undervalued compared to its fair value and its price relative to the market?

34.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JST (€54.3) is trading below our estimate of fair value (€82.8)

Significantly Below Fair Value: JST is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JST is poor value based on its PE Ratio (41.9x) compared to the German Machinery industry average (41.3x).

PE vs Market: JST is poor value based on its PE Ratio (41.9x) compared to the German market (26.6x).


Price to Earnings Growth Ratio

PEG Ratio: JST is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: JST is overvalued based on its PB Ratio (3.1x) compared to the DE Machinery industry average (2x).


Future Growth

How is JOST Werke forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

29.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JST's forecast earnings growth (29.4% per year) is above the savings rate (0.01%).

Earnings vs Market: JST's earnings (29.4% per year) are forecast to grow faster than the German market (18.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JST's revenue (6.7% per year) is forecast to grow faster than the German market (5.4% per year).

High Growth Revenue: JST's revenue (6.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JST's Return on Equity is forecast to be low in 3 years time (19.3%).


Past Performance

How has JOST Werke performed over the past 5 years?

48.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JST has a large one-off loss of €11.9M impacting its December 31 2020 financial results.

Growing Profit Margin: JST's current net profit margins (2.4%) are lower than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: JST has become profitable over the past 5 years, growing earnings by 48.6% per year.

Accelerating Growth: JST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JST had negative earnings growth (-42.1%) over the past year, making it difficult to compare to the Machinery industry average (-30.9%).


Return on Equity

High ROE: JST's Return on Equity (7.3%) is considered low.


Financial Health

How is JOST Werke's financial position?


Financial Position Analysis

Short Term Liabilities: JST's short term assets (€391.6M) exceed its short term liabilities (€261.4M).

Long Term Liabilities: JST's short term assets (€391.6M) do not cover its long term liabilities (€411.9M).


Debt to Equity History and Analysis

Debt Level: JST's debt to equity ratio (119.4%) is considered high.

Reducing Debt: JST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: JST's debt is well covered by operating cash flow (37.6%).

Interest Coverage: JST's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Dividend

What is JOST Werke current dividend yield, its reliability and sustainability?

1.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JST's dividend (1.84%) is higher than the bottom 25% of dividend payers in the German market (1.04%).

High Dividend: JST's dividend (1.84%) is low compared to the top 25% of dividend payers in the German market (3.19%).


Stability and Growth of Payments

Stable Dividend: JST has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: JST's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (77.2%), JST's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JST's dividends in 3 years are forecast to be well covered by earnings (26.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Joachim Dürr (56 yo)

1.58yrs

Tenure

€975,000

Compensation

Mr. Joachim Dürr serves as Chief Executive Officer and Chairman of the Executive Board of JOST Werke AG since October 1, 2019. He serves as Chief Sales Officer & Member of the Management Board at JOST Werk...


CEO Compensation Analysis

Compensation vs Market: Joachim's total compensation ($USD1.19M) is about average for companies of similar size in the German market ($USD1.17M).

Compensation vs Earnings: Insufficient data to compare Joachim's compensation with company performance.


Leadership Team

Experienced Management: JST's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: JST's board of directors are considered experienced (3.9 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

JOST Werke AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JOST Werke AG
  • Ticker: JST
  • Exchange: XTRA
  • Founded: 2008
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: €809.070m
  • Shares outstanding: 14.90m
  • Website: https://www.jost-world.com

Number of Employees


Location

  • JOST Werke AG
  • Siemensstrasse 2
  • Neu-Isenburg
  • Hessen
  • 63263
  • Germany

Listings


Biography

JOST Werke AG manufactures and supplies safety-critical systems for the commercial vehicle industry. The company offers truck and trailer components, including sensor systems and lubrication systems, fifth...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/10 20:28
End of Day Share Price2021/05/10 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.