XTRA:STM

Stock Analysis Report

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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


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

STMIndustryMarket
7 Day3.6%-0.4%0.7%
30 Day7.9%5.9%5.5%
90 Day22.3%15.0%12.4%
1 Year13.4%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 Year75.5%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

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

NamePositionTenureCompensationOwnership
Michael Büchsner
CEO & Chairman of Management Board1.5yrsno datano data
Mark Wilhelms
CFO & Member of Management Board7yrsno datano data
Andreas Schröder
Group Financial Reporting Director & Member of Management Board7yrsno datano data
Johannes Pink
Vice President of Global Operationsno datano datano data
Andreas Sievers
Director of Group Accounting & Strategic Finance Projects and Member of Management Board5yrsno datano data
Martina Widmer
Vice President of Global Human Resourceno datano datano data
Joong-Ho Lee
Country Head of Koreano datano datano data
Michael Hinck
Country Head of Japanno datano datano data
Xuefeng Tian
Country Head of Chinano datano datano data
Anthony Haba
Regional Head of NAFTAno datano datano 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

NamePositionTenureCompensationOwnership
Stephan Josef Kessel
Chairman of the Supervisory Board3yrsno datano data
Joachim Rauhut
Member of Supervisory Board5.67yrsno datano data
Ralf-Michael Fuchs
Member of Supervisory Board5.25yrsno datano data
Dirk Linzmeier
Member of the Supervisory Board2.92yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STMDB (Deutsche Boerse AG)YesBearer SharesDEEURMay 2014
STMXTRA (XETRA Trading Platform)YesBearer SharesDEEURMay 2014
0QULLSE (London Stock Exchange)YesBearer SharesGBEURMay 2014
STMdBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURMay 2014
STA NBMV (Bolsa Mexicana de Valores)YesBearer SharesMXMXNMay 2014
STAWBAG (Wiener Boerse AG)YesBearer SharesATEURMay 2014
STM-UETLX (Eurotlx)YesBearer SharesITEURMay 2014
SIUA.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDMay 2014
SBLU.YOTCPK (Pink Sheets LLC)UNSPONSRED ADSUSUSDJul 2019
STMUDB (Deutsche Boerse AG)UNSPONSRED ADSDEEURJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 19:55
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.