WashTec AG provides solutions for car wash in Europe, North America, and the Asia Pacific.
Price History & Performance
|Historical stock prices|
|Current Share Price||€53.60|
|52 Week High||€33.15|
|52 Week Low||€62.00|
|1 Month Change||-11.41%|
|3 Month Change||1.32%|
|1 Year Change||44.67%|
|3 Year Change||-29.10%|
|5 Year Change||27.01%|
|Change since IPO||341.78%|
Recent News & Updates
|WSU||DE Machinery||DE Market|
Return vs Industry: WSU exceeded the German Machinery industry which returned 30.1% over the past year.
Return vs Market: WSU exceeded the German Market which returned 27.2% over the past year.
Stable Share Price: WSU is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WSU's weekly volatility (4%) has been stable over the past year.
About the Company
WashTec AG provides solutions for car wash in Europe, North America, and the Asia Pacific. The company offers various roll-over, self-service, and commercial vehicle wash equipment, as well as associated peripheral devices. It also provides wash tunnel systems; water reclaim systems; equipment maintenance; service projects and upgrades; spare parts; and digital solutions, as well as car wash chemicals under the Auwa brand.
WashTec Fundamentals Summary
|WSU fundamental statistics|
Is WSU overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WSU income statement (TTM)|
|Cost of Revenue||€178.37m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
|Earnings per share (EPS)||1.73|
|Net Profit Margin||5.81%|
How did WSU perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is WashTec undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WSU (€53.6) is trading below our estimate of fair value (€66.19)
Significantly Below Fair Value: WSU is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WSU is poor value based on its PE Ratio (31x) compared to the German Machinery industry average (26.7x).
PE vs Market: WSU is poor value based on its PE Ratio (31x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: WSU is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: WSU is overvalued based on its PB Ratio (9.2x) compared to the DE Machinery industry average (2x).
How is WashTec forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WSU's forecast earnings growth (15.7% per year) is above the savings rate (0.01%).
Earnings vs Market: WSU's earnings (15.7% per year) are forecast to grow faster than the German market (12.5% per year).
High Growth Earnings: WSU's earnings are forecast to grow, but not significantly.
Revenue vs Market: WSU's revenue (4.6% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: WSU's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WSU's Return on Equity is forecast to be high in 3 years time (33.3%)
How has WashTec performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSU has high quality earnings.
Growing Profit Margin: WSU's current net profit margins (5.8%) are higher than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: WSU's earnings have declined by 12.8% per year over the past 5 years.
Accelerating Growth: WSU's earnings growth over the past year (15.5%) exceeds its 5-year average (-12.8% per year).
Earnings vs Industry: WSU earnings growth over the past year (15.5%) underperformed the Machinery industry 22.7%.
Return on Equity
High ROE: WSU's Return on Equity (29.6%) is considered high.
How is WashTec's financial position?
Financial Position Analysis
Short Term Liabilities: WSU's short term assets (€155.3M) exceed its short term liabilities (€151.6M).
Long Term Liabilities: WSU's short term assets (€155.3M) exceed its long term liabilities (€30.0M).
Debt to Equity History and Analysis
Debt Level: WSU's debt to equity ratio (42.1%) is considered high.
Reducing Debt: WSU's debt to equity ratio has increased from 24.1% to 42.1% over the past 5 years.
Debt Coverage: WSU's debt is well covered by operating cash flow (152.8%).
Interest Coverage: WSU's interest payments on its debt are well covered by EBIT (29.4x coverage).
What is WashTec current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WSU's dividend (1.85%) is higher than the bottom 25% of dividend payers in the German market (1%).
High Dividend: WSU's dividend (1.85%) is low compared to the top 25% of dividend payers in the German market (3.14%).
Stability and Growth of Payments
Stable Dividend: WSU's dividend payments have been volatile in the past 10 years.
Growing Dividend: WSU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.3%), WSU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WSU's dividends in 3 years are forecast to be covered by earnings (83.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ralf Koeppe (56 yo)
Dr. Ralf Koeppe has been Chairman of Management Board and Chief Executive Officer at WashTec AG since January 1, 2020. He served as Chief Financial Officer at WashTec AG from June 1, 2020 to July 31, 2020....
Experienced Board: WSU's board of directors are considered experienced (6.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
WashTec AG's employee growth, exchange listings and data sources
- Name: WashTec AG
- Ticker: WSU
- Exchange: XTRA
- Founded: 1885
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €717.293m
- Shares outstanding: 13.38m
- Website: https://www.washtec.de
Number of Employees
- WashTec AG
- Argonstrasse 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 17:57|
|End of Day Share Price||2021/09/24 00:00|
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.