XTRA:KWG

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KHD Humboldt Wedag International

Executive Summary

KHD Humboldt Wedag International AG provides various engineering products and services for the cement industry worldwide.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has KHD Humboldt Wedag International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KWG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

KWG

2.4%

DE Machinery

2.4%

DE Market


1 Year Return

25.2%

KWG

-15.3%

DE Machinery

-0.1%

DE Market

Return vs Industry: KWG exceeded the German Machinery industry which returned -15.3% over the past year.

Return vs Market: KWG exceeded the German Market which returned -0.1% over the past year.


Shareholder returns

KWGIndustryMarket
7 Day0%2.4%2.4%
30 Day-3.5%8.5%7.8%
90 Day13.0%-3.9%-3.8%
1 Year25.2%25.2%-14.2%-15.3%1.5%-0.1%
3 Year6.9%6.9%-38.3%-42.0%-4.8%-12.1%
5 Year-53.5%-53.5%-22.5%-30.5%3.6%-9.5%

Price Volatility Vs. Market

How volatile is KHD Humboldt Wedag International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is KHD Humboldt Wedag International 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: KWG (€1.39) is trading below our estimate of fair value (€3.77)

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


Price To Earnings Ratio

PE vs Industry: KWG is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: KWG 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 KWG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KWG is good value based on its PB Ratio (0.7x) compared to the DE Machinery industry average (1.3x).


Next Steps

Future Growth

How is KHD Humboldt Wedag International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.0%

Forecasted Capital Goods 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 KHD Humboldt Wedag International 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

Past Performance

How has KHD Humboldt Wedag International performed over the past 5 years?

-11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KWG is currently unprofitable.

Growing Profit Margin: KWG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KWG is unprofitable, and losses have increased over the past 5 years at a rate of -11.9% per year.

Accelerating Growth: Unable to compare KWG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KWG is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-22.8%).


Return on Equity

High ROE: KWG has a negative Return on Equity (-18.55%), as it is currently unprofitable.


Next Steps

Financial Health

How is KHD Humboldt Wedag International's financial position?


Financial Position Analysis

Short Term Liabilities: KWG's short term assets (€233.3M) exceed its short term liabilities (€102.0M).

Long Term Liabilities: KWG's short term assets (€233.3M) exceed its long term liabilities (€53.2M).


Debt to Equity History and Analysis

Debt Level: KWG's debt to equity ratio (24.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KWG's debt to equity ratio has reduced 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: Whilst unprofitable KWG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: KWG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.5% per year.


Next Steps

Dividend

What is KHD Humboldt Wedag International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KWG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KWG'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 KWG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KWG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KWG is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KWG'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?

1.3yrs

Average management tenure


CEO

Mario Zhu (48yo)

1.42yrs

Tenure

€387,438

Compensation

Mr. Yizhen Zhu, also known as Mario, Engineer have been Chairman of the Management Board at KHD Humboldt Wedag Intl AG since December 2, 2018 and its Chief Executive Officer. Mr. Zhu served as Member of Ma ...


CEO Compensation Analysis

Compensation vs Market: Mario's total compensation ($USD425.48K) is about average for companies of similar size in the German market ($USD430.63K).

Compensation vs Earnings: Mario's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Yizhen Zhu
Chairman of Management Board & CEO1.42yrs€387.44kno data
Jürgen Luckas
CFO & Member of Management Board5.08yrs€338.60kno data
Tao Xing
Executive VP & Member of Management Board1.42yrs€140.22kno data
Matthias Jochem
COO & Member of Management Board1.33yrsno datano data
Matthias Mersmann
CTO & Member of Management Board0.25yrno datano data
Martin Gierse
Head of Customer Service Center EMEA1.33yrsno datano data
Wolfgang Pajonke
Head of Customer Service Center - Russia & CISno datano datano data
Ashok Dembla
Head of Customer Service Center - India4yrsno datano data
Dwayne Holland
Head of Customer Service Center Americas1.33yrsno datano data
Jianlong Shen
Head of Customer Service Center China1.33yrsno datano data

1.3yrs

Average Tenure

57yo

Average Age

Experienced Management: KWG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gerhard Beinhauer
Vice Chairman of Supervisory Board1.58yrs€60.00kno data
Yiqiong Zhang
Member of Supervisory Board4.92yrs€30.00kno data
Shaohua Jin
Chairman of Supervisory Board1.58yrs€80.00kno data

1.6yrs

Average Tenure

Experienced Board: KWG's board of directors are not considered experienced ( 1.6 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

KHD Humboldt Wedag International AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: KHD Humboldt Wedag International AG
  • Ticker: KWG
  • Exchange: XTRA
  • Founded: 1856
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €69.088m
  • Shares outstanding: 49.70m
  • Website: https://www.khd.com

Number of Employees


Location

  • KHD Humboldt Wedag International AG
  • Colonia-Allee 3
  • Cologne
  • North Rhine-Westphalia
  • 51067
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KWGDB (Deutsche Boerse AG)YesBearer SharesDEEURJan 1992
KWGXTRA (XETRA Trading Platform)YesBearer SharesDEEURJan 1992
KHDH.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJan 1992
0N1HLSE (London Stock Exchange)YesBearer SharesGBEURJan 1992
KWGDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJan 1992

Biography

KHD Humboldt Wedag International AG provides various engineering products and services for the cement industry worldwide. The company offers clean technology solutions; and pyro processing equipment, including preheaters, calciner, bypass, and firing systems, rotary kilns, clinker coolers, and large fans. It also provides grinding products, such as crushing products comprising impact hammer mills, pyro crushers, and clinker hammer crushers; roller presses; tube mills; V-Separators; Sepmaster separators; VSK separators; and COMFLEX, a grinding system that is used for the finish and semi-finish-grinding of raw materials, cement, and slag. In addition, the company offers process automation systems, such as ROMIX control systems; SCANEX, a kiln monitoring system; SIMULEX; MILLEXPERT system for the automatic operation of grinding systems; and PYROEXPERT, a kiln automation system. Further, it provides spare parts; plant services, such as supervision services for erection or repair, process/operating training, maintenance training, process optimization, mechanical and process audits, CFD studies, hot kiln alignments, and raw material testing; and test center services. The company was founded in 1856 and is headquartered in Cologne, Germany. KHD Humboldt Wedag International AG is a subsidiary of AVIC International Engineering Holdings Pte. Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 12:16
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.