Stabilus
Market Cap
€1.5b
Last Updated
2021/01/21 19:55 UTC
Data Sources
Company Financials +
Executive Summary
Stabilus S.A., together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Stabilus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STM is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: STM's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
3.6%
STM
-0.4%
DE Machinery
0.7%
DE Market
1 Year Return
11.1%
STM
14.3%
DE Machinery
3.6%
DE Market
Return vs Industry: STM underperformed the German Machinery industry which returned 14.3% over the past year.
Return vs Market: STM exceeded the German Market which returned 3.6% over the past year.
Shareholder returns
| STM | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.6% | -0.4% | 0.7% |
| 30 Day | 7.9% | 5.9% | 5.5% |
| 90 Day | 22.3% | 15.0% | 12.4% |
| 1 Year | 13.4%11.1% | 16.9%14.3% | 6.9%3.6% |
| 3 Year | -15.3%-19.5% | -26.9%-31.5% | 5.4%-3.9% |
| 5 Year | 75.5%65.4% | 6.4%-5.1% | 41.6%21.8% |
Long-Term Price Volatility Vs. Market
How volatile is Stabilus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Stabilus's (ETR:STM) Statutory Earnings A Good Guide To Its Underlying Profitability?3 weeks ago | Simply Wall St
Stabilus (ETR:STM) Has A Pretty Healthy Balance Sheet1 month ago | Simply Wall St
Is It Time To Consider Buying Stabilus S.A. (ETR:STM)?Valuation
Is Stabilus undervalued compared to its fair value and its price relative to the market?
17.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STM (€64.5) is trading below our estimate of fair value (€78.23)
Significantly Below Fair Value: STM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: STM is poor value based on its PE Ratio (50.7x) compared to the DE Machinery industry average (37.5x).
PE vs Market: STM is poor value based on its PE Ratio (50.7x) compared to the German market (24.4x).
Price to Earnings Growth Ratio
PEG Ratio: STM is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: STM is overvalued based on its PB Ratio (3.5x) compared to the DE Machinery industry average (1.6x).
Next Steps
Future Growth
How is Stabilus forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
31.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STM's forecast earnings growth (31.4% per year) is above the savings rate (0.07%).
Earnings vs Market: STM's earnings (31.4% per year) are forecast to grow faster than the German market (25% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: STM's revenue (7.5% per year) is forecast to grow faster than the German market (6% per year).
High Growth Revenue: STM's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STM's Return on Equity is forecast to be low in 3 years time (16.2%).
Next Steps
Past Performance
How has Stabilus performed over the past 5 years?
12.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STM has a large one-off loss of €25.1M impacting its September 30 2020 financial results.
Growing Profit Margin: STM's current net profit margins (3.8%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: STM's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: STM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STM had negative earnings growth (-61%) over the past year, making it difficult to compare to the Machinery industry average (-48%).
Return on Equity
High ROE: STM's Return on Equity (6.4%) is considered low.
Next Steps
Financial Health
How is Stabilus's financial position?
Financial Position Analysis
Short Term Liabilities: STM's short term assets (€405.4M) exceed its short term liabilities (€188.4M).
Long Term Liabilities: STM's short term assets (€405.4M) do not cover its long term liabilities (€425.5M).
Debt to Equity History and Analysis
Debt Level: STM's debt to equity ratio (68.7%) is considered high.
Reducing Debt: STM's debt to equity ratio has reduced from 342.6% to 68.7% over the past 5 years.
Debt Coverage: STM's debt is well covered by operating cash flow (33.8%).
Interest Coverage: STM's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Stabilus's current dividend yield, its reliability and sustainability?
0.77%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: STM's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.97%).
High Dividend: STM's dividend (0.78%) is low compared to the top 25% of dividend payers in the German market (3.5%).
Stability and Growth of Payments
Stable Dividend: STM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STM has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.3%), STM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STM's dividends in 3 years are forecast to be well covered by earnings (27.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Michael Büchsner (45 yo)
1.5yrs
Tenure
Dr. Michael Büchsner serves as Chief Executive Officer at Stabilus GmbH since October 2019. Dr. Büchsner has been the Chief Executive Officer of Stabilus S.A. since July 31, 2019 and serves as its Member o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of Management Board | 1.5yrs | no data | no data | |
| CFO & Member of Management Board | 7yrs | no data | no data | |
| Group Financial Reporting Director & Member of Management Board | 7yrs | no data | no data | |
| Vice President of Global Operations | no data | no data | no data | |
| Director of Group Accounting & Strategic Finance Projects and Member of Management Board | 5yrs | no data | no data | |
| Vice President of Global Human Resource | no data | no data | no data | |
| Country Head of Korea | no data | no data | no data | |
| Country Head of Japan | no data | no data | no data | |
| Country Head of China | no data | no data | no data | |
| Regional Head of NAFTA | no data | no data | no data |
6.0yrs
Average Tenure
47.5yo
Average Age
Experienced Management: STM's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Supervisory Board | 3yrs | no data | no data | |
| Member of Supervisory Board | 5.67yrs | no data | no data | |
| Member of Supervisory Board | 5.25yrs | no data | no data | |
| Member of the Supervisory Board | 2.92yrs | no data | no data |
4.1yrs
Average Tenure
64yo
Average Age
Experienced Board: STM's board of directors are considered experienced (4.1 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
Stabilus S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stabilus S.A.
- Ticker: STM
- Exchange: XTRA
- Founded: 1934
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €1.546b
- Shares outstanding: 24.70m
- Website: https://www.stabilus.com
Number of Employees
Location
- Stabilus S.A.
- 2, rue Albert Borschette
- Luxembourg City
- 1246
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STM | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | May 2014 |
| STM | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | May 2014 |
| 0QUL | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | May 2014 |
| STMd | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | May 2014 |
| STA N | BMV (Bolsa Mexicana de Valores) | Yes | Bearer Shares | MX | MXN | May 2014 |
| STA | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | May 2014 |
| STM-U | ETLX (Eurotlx) | Yes | Bearer Shares | IT | EUR | May 2014 |
| SIUA.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | May 2014 |
| SBLU.Y | OTCPK (Pink Sheets LLC) | UNSPONSRED ADS | US | USD | Jul 2019 | |
| STMU | DB (Deutsche Boerse AG) | UNSPONSRED ADS | DE | EUR | Jul 2019 |
Biography
Stabilus S.A., together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe and internationally. The company offers non-lock...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 19:55 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.