Nordex
Market Cap
€929.6m
Last Updated
2019/09/18 20:55 UTC
Data Sources
Company Financials +
Executive Summary
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide.
Snowflake
Fundamentals
Moderate growth potential with imperfect balance sheet.
Risks
- Nordex has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has Nordex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.3%
XTRA:NDX1
1.6%
DE Electrical
-0.05%
DE Market
1 Year Return
3.8%
XTRA:NDX1
17.6%
DE Electrical
-4.6%
DE Market
NDX1 underperformed the Electrical industry which returned 15.6% over the past year.
NDX1 outperformed the Market in Germany which returned -4.5% over the past year.
Share holder returns
| NDX1 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.3% | 1.6% | -0.05% |
| 30 Day | 6.9% | 11.6% | 5.1% |
| 90 Day | -20.9% | 17.7% | 0.6% |
| 1 Year | 3.8%3.8% | 19.4%17.6% | -1.6%-4.6% |
| 3 Year | -62.1%-62.1% | -27.0%-30.6% | 18.0%7.9% |
| 5 Year | -34.1%-34.1% | -4.7%-13.5% | 31.4%13.4% |
Price Volatility Vs. Market
How volatile is Nordex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Does Nordex SE's (ETR:NDX1) CEO Pay Matter?1 month ago | Simply Wall St
If You Had Bought Nordex (ETR:NDX1) Stock Three Years Ago, You'd Be Sitting On A 59% Loss, Today1 month ago | Simply Wall St
An Intrinsic Calculation For Nordex SE (ETR:NDX1) Suggests It's 25% UndervaluedValuation
Is Nordex undervalued based on future cash flows and its price relative to the stock market?
1.43x
Price to Book (PB) ratio
Intrinsic Value Based on Future Cash Flows
Nordex's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Nordex's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Nordex is loss making, we can't compare its value to the DE Electrical industry average.
Nordex is loss making, we can't compare the value of its earnings to the Germany market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Nordex, we can't assess if its growth is good value.
Price Based on Value of Assets
Nordex is good value based on assets compared to the DE Electrical industry average.
Next Steps
Future Growth
How is Nordex expected to perform in the next 1 to 3 years based on estimates from 11 analysts?
96.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Nordex's revenue is expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
Nordex's earnings are expected to grow significantly at over 20% yearly.
Nordex's revenue growth is positive but not above the Germany market average.
Nordex's earnings growth is expected to exceed the Germany market average.
Nordex's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Earnings per Share Growth Estimates
Future Return on Equity
Nordex is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Nordex performed over the past 5 years?
-48.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Nordex does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Nordex's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Nordex's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Nordex has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Nordex has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Nordex improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Nordex's financial position?
Financial Position Analysis
Nordex is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Nordex's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Nordex's level of debt (92.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (41.4% vs 92.5% today).
Debt is not well covered by operating cash flow (19.5%, less than 20% of total debt).
Unable to confirm if the interest payments on Nordex's debt are well covered by earnings due to lack of past financial data.
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3.9x debt.
Next Steps
Dividend
What is Nordex's current dividend yield, its reliability and sustainability?
0.11%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Unable to evaluate Nordex's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Nordex's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Nordex has not reported any payouts.
Unable to verify if Nordex's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Nordex has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Nordex's dividends in 3 years as they are not expected to pay a notable one for Germany.
Next Steps
Management
What is the CEO of Nordex's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average management tenure
CEO
Jose Luis Blanco Diéguez (49yo)
2.5yrs
Tenure
€1,332,017
Compensation
Mr. Jose Luis Blanco Diéguez has been the Chairman of Management Board and Chief Executive Officer at Nordex SE since March 31, 2017 and its Member of Management Board since April 4, 2016. Mr. Blanco Diégu ...
CEO Compensation Analysis
Jose Luis's remuneration is about average for companies of similar size in Germany.
Jose Luis's compensation has increased whilst company is loss making.
Management Age and Tenure
3.0yrs
Average Tenure
49yo
Average Age
The tenure for the Nordex management team is about average.
Board Age and Tenure
8.8yrs
Average Tenure
60yo
Average Age
The tenure for the Nordex board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Ralf Peters
Head of Corporate Communications
- Tenure: 0yrs
Jose Luis Blanco Diéguez (49yo)
Chairman of Management Board & CEO
- Tenure: 2.5yrs
- Compensation: €1.33m
Patxi Landa (47yo)
Chief Sales Officer & Member of Management Board
- Tenure: 3.4yrs
- Compensation: €751.80k
Christoph Burkhard (55yo)
CFO & Member of Management Board
- Tenure: 3yrs
- Compensation: €796.90k
Felix Losada
Deputy Head of Corporate Communications
- Tenure: 0yrs
Felix Zander
Head of Investor Relations
- Tenure: 0yrs
Board Members
Wolfgang Ziebart (69yo)
Chairman of Supervisory Board
- Tenure: 0yrs
- Compensation: €69.00k
Rafael Mateo Alcala (60yo)
Member of Supervisory Board
- Tenure: 3.3yrs
- Compensation: €33.00k
Martin Wolfgang Rey
Member of Supervisory Board
- Tenure: 14.3yrs
- Compensation: €36.00k
Jan Klatten
Member of Supervisory Board
- Tenure: 14.3yrs
- Compensation: €39.00k
Juan Antonio Muro-Lara Girod
Deputy Chairman of the Supervisory Board
- Tenure: 0yrs
- Compensation: €51.00k
Connie Hedegaard (59yo)
Member of Supervisory Board
- Tenure: 3.3yrs
- Compensation: €33.00k
Company Information
Nordex SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nordex SE
- Ticker: NDX1
- Exchange: XTRA
- Founded: 1985
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Market Cap: €929.577m
- Shares outstanding: 96.98m
- Website: https://www.nordex-online.com
Number of Employees
Location
- Nordex SE
- Langenhorner Chaussee 600
- Hamburg
- Hamburg
- 22419
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NRDX.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Apr 2001 |
| NDX1 | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Apr 2001 |
| NDX1 | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Apr 2001 |
| 0MEC | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Apr 2001 |
| NDX1D | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Apr 2001 |
| NDX1 | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Apr 2001 |
| NDX1 | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Apr 2001 |
Biography
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. It also provides project development services, as well as acquires rights ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/18 20:55 |
| End of Day Share Price | 2019/09/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.