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GEA Group

DB:G1A
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
G1A
DB
€4B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

GEA Group Aktiengesellschaft focuses on the development and production of process technology and components for the food processing industry worldwide. The last earnings update was 77 days ago. More info.


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G1A Share Price and Events
7 Day Returns
-4.2%
DB:G1A
-4%
DE Machinery
-1%
DE Market
1 Year Returns
-25.6%
DB:G1A
-28.5%
DE Machinery
-6.2%
DE Market
G1A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GEA Group (G1A) -4.2% -13.8% -13.8% -25.6% -51.7% -35.7%
DE Machinery -4% -7.4% -14.5% -28.5% -20.6% 2.9%
DE Market -1% 2.1% -1.8% -6.2% 10.4% 12.6%
1 Year Return vs Industry and Market
  • G1A outperformed the Machinery industry which returned -28.5% over the past year.
  • G1A underperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
G1A
Industry
5yr Volatility vs Market

G1A Value

 Is GEA Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of GEA Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for GEA Group.

DB:G1A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 22 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:G1A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.085 (1 + (1- 30%) (14.06%))
1.129
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.129 * 5.96%)
6.96%

Discounted Cash Flow Calculation for DB:G1A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GEA Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:G1A DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.96%)
2020 254.86 Analyst x13 238.29
2021 284.20 Analyst x9 248.44
2022 306.07 Est @ 7.69% 250.15
2023 322.76 Est @ 5.45% 246.64
2024 335.30 Est @ 3.89% 239.56
2025 344.65 Est @ 2.79% 230.23
2026 351.62 Est @ 2.02% 219.61
2027 356.83 Est @ 1.48% 208.37
2028 360.78 Est @ 1.11% 196.97
2029 363.82 Est @ 0.84% 185.72
Present value of next 10 years cash flows €2,263.99
DB:G1A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €363.82 × (1 + 0.23%) ÷ (6.96% – 0.23%)
€5,420.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €5,420.19 ÷ (1 + 6.96%)10
€2,766.82
DB:G1A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €2,263.99 + €2,766.82
€5,030.80
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €5,030.80 / 180.49
€27.87
DB:G1A Discount to Share Price
Calculation Result
Value per share (EUR) From above. €27.87
Current discount Discount to share price of €22.05
= -1 x (€22.05 - €27.87) / €27.87
20.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price GEA Group is available for.
Intrinsic value
21%
Share price is €22.05 vs Future cash flow value of €27.87
Current Discount Checks
For GEA Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • GEA Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • GEA Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GEA Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GEA Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:G1A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.70
DB:G1A Share Price ** DB (2019-07-16) in EUR €22.05
Germany Machinery Industry PE Ratio Median Figure of 37 Publicly-Listed Machinery Companies 14.61x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 19.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GEA Group.

DB:G1A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:G1A Share Price ÷ EPS (both in EUR)

= 22.05 ÷ 0.70

31.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GEA Group is overvalued based on earnings compared to the DE Machinery industry average.
  • GEA Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does GEA Group's expected growth come at a high price?
Raw Data
DB:G1A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 31.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 22 Analysts
19.1%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.29x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:G1A PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 31.68x ÷ 19.1%

1.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GEA Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on GEA Group's assets?
Raw Data
DB:G1A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €13.77
DB:G1A Share Price * DB (2019-07-16) in EUR €22.05
Germany Machinery Industry PB Ratio Median Figure of 47 Publicly-Listed Machinery Companies 1.5x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
DB:G1A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:G1A Share Price ÷ Book Value per Share (both in EUR)

= 22.05 ÷ 13.77

1.6x

* Primary Listing of GEA Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GEA Group is overvalued based on assets compared to the DE Machinery industry average.
X
Value checks
We assess GEA Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. GEA Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

G1A Future Performance

 How is GEA Group expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GEA Group expected to grow at an attractive rate?
  • GEA Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • GEA Group's earnings growth is expected to exceed the Germany market average.
  • GEA Group's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:G1A Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:G1A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 22 Analysts 19.1%
DB:G1A Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 22 Analysts 2.3%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11.1%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:G1A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 22 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:G1A Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 5,208 2
2022-12-31 5,136 245 4
2021-12-31 5,055 429 243 16
2020-12-31 4,919 380 205 22
2019-12-31 4,795 328 165 21
DB:G1A Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 4,846 326 126
2018-12-31 4,828 263 115
2018-09-30 4,787 139 209
2018-06-30 4,729 134 197
2018-03-31 4,640 177 190
2017-12-31 4,605 262 228
2017-09-30 4,566 278 261
2017-06-30 4,536 270 257
2017-03-31 4,555 230 281
2016-12-31 4,492 162 269
2016-09-30 4,535 238 344
2016-06-30 4,541 264 361

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • GEA Group's earnings are expected to grow by 19.1% yearly, however this is not considered high growth (20% yearly).
  • GEA Group's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:G1A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 22 Analyst Estimates (S&P Global) See Below

All data from GEA Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:G1A Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 1.53 1.71 1.36 2.00
2021-12-31 1.39 2.04 0.96 13.00
2020-12-31 1.21 2.03 0.60 19.00
2019-12-31 0.93 1.20 0.61 18.00
DB:G1A Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.70
2018-12-31 0.64
2018-09-30 1.16
2018-06-30 1.09
2018-03-31 1.03
2017-12-31 1.22
2017-09-30 1.38
2017-06-30 1.34
2017-03-31 1.46
2016-12-31 1.40
2016-09-30 1.78
2016-06-30 1.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • GEA Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess GEA Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GEA Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

G1A Past Performance

  How has GEA Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GEA Group's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GEA Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • GEA Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • GEA Group's 1-year earnings growth is negative, it can't be compared to the DE Machinery industry average.
Earnings and Revenue History
GEA Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GEA Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:G1A Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4,846.16 125.62 1,087.06 85.47
2018-12-31 4,828.21 115.05 1,079.44 79.91
2018-09-30 4,786.72 208.78 1,054.96 75.44
2018-06-30 4,728.53 197.00 1,047.77 69.86
2018-03-31 4,639.96 189.55 1,048.47 66.25
2017-12-31 4,604.51 227.52 1,043.56 65.26
2017-09-30 4,566.07 261.43 1,031.84 51.98
2017-06-30 4,536.12 257.07 1,028.72 60.43
2017-03-31 4,554.60 281.44 1,014.93 57.23
2016-12-31 4,491.89 268.58 1,002.91 57.39
2016-09-30 4,535.11 344.10 990.95 66.68
2016-06-30 4,540.92 360.86 998.82 61.38
2016-03-31 4,534.12 255.06 1,013.29 65.23
2015-12-31 4,599.27 264.24 1,010.18 66.38
2015-09-30 4,564.44 199.42 1,048.73 67.54
2015-06-30 4,603.87 211.82 1,036.96 66.45
2015-03-31 4,571.39 297.61 1,007.58 66.87
2014-12-31 4,515.69 285.87 998.78 68.15
2014-09-30 4,456.47 295.82 961.10 69.63
2014-06-30 4,399.58 289.33 946.52 68.14
2014-03-31 4,346.50 285.63 944.72 65.69
2013-12-31 4,319.99 281.69 938.86 62.50
2013-09-30 3,119.61 193.40 768.26 54.02
2013-06-30 3,476.14 213.99 836.70 56.87
2013-03-31 3,802.81 227.87 891.26 63.98
2012-12-31 4,142.32 212.08 962.64 70.86
2012-09-30 5,732.71 308.43 1,200.77 81.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • GEA Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • GEA Group used its assets less efficiently than the DE Machinery industry average last year based on Return on Assets.
  • GEA Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess GEA Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GEA Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

G1A Health

 How is GEA Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GEA Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GEA Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GEA Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GEA Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GEA Group Company Filings, last reported 3 months ago.

DB:G1A Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 2,486.24 568.67 464.89
2018-12-31 2,449.44 320.10 352.56
2018-09-30 2,476.63 607.50 498.95
2018-06-30 2,410.93 608.99 502.34
2018-03-31 2,461.02 398.33 445.39
2017-12-31 2,503.08 244.92 356.25
2017-09-30 2,482.31 96.29 526.39
2017-06-30 2,604.94 176.80 720.67
2017-03-31 3,004.47 166.87 1,061.70
2016-12-31 2,995.60 146.50 1,008.44
2016-09-30 2,766.80 191.61 969.03
2016-06-30 2,743.92 196.28 947.26
2016-03-31 2,807.12 493.34 1,469.98
2015-12-31 2,844.20 429.13 1,478.29
2015-09-30 2,651.04 481.86 1,346.51
2015-06-30 2,522.40 481.55 1,202.23
2015-03-31 2,656.95 512.10 1,442.55
2014-12-31 2,527.21 529.12 1,497.35
2014-09-30 2,433.36 944.70 631.79
2014-06-30 2,307.66 943.30 438.76
2014-03-31 2,355.61 1,031.90 612.55
2013-12-31 2,315.70 971.33 735.11
2013-09-30 2,216.65 970.70 643.70
2013-06-30 2,161.97 1,028.60 631.78
2013-03-31 2,229.17 1,145.43 763.87
2012-12-31 2,166.91 1,069.03 821.57
2012-09-30 2,170.80 1,103.23 665.65
  • GEA Group's level of debt (22.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (43.8% vs 22.9% today).
  • Debt is well covered by operating cash flow (57.3%, greater than 20% of total debt).
  • GEA Group earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess GEA Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GEA Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

G1A Dividends

 What is GEA Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.85%
Current annual income from GEA Group dividends. Estimated to be 3.89% next year.
If you bought €2,000 of GEA Group shares you are expected to receive €77 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • GEA Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • GEA Group's dividend is above the markets top 25% of dividend payers in Germany (3.82%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:G1A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 22 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:G1A Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.95 2.00
2021-12-31 0.87 17.00
2020-12-31 0.85 22.00
2019-12-31 0.85 20.00
DB:G1A Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-14 0.850 3.497
2018-03-12 0.850 3.066
2017-03-07 0.800 2.077
2016-03-10 0.800 1.943
2015-03-09 0.700 1.808
2015-01-15 0.700 1.707
2014-03-07 0.600 1.761
2014-02-06 0.600 1.749
2013-02-06 0.550 1.856
2012-07-30 0.550 2.284
2012-03-12 0.550 2.432
2012-02-06 0.550 2.179
2011-03-10 0.400 1.848
2011-02-07 0.400 1.787
2010-03-11 0.300 1.663
2009-05-11 0.400 3.093

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of GEA Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess GEA Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GEA Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GEA Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

G1A Management

 What is the CEO of GEA Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stefan Klebert
COMPENSATION €1,511,304
AGE 54
TENURE AS CEO 0.4 years
CEO Bio

Mr. Stefan Klebert, Dipl.-Ing., MBA, has been Chairman of the Executive Board and Chief Executive Officer at GEA Group Aktiengesellschaft since February 18, 2019 and serves as its Member of Executive Board since November 15, 2018. Mr. Klebert was the Chief Executive Officer at Schuler AG since October 1, 2010 until April 24, 2018 and also served as its Chairman of the Board of Management until April 24, 2018. Mr. Klebert was responsible for strategic business development, corporate communications and the automotive press technology, service, procurement, production and logistics. He served as the Head of the Industrial Services business at hyssenKrupp AG. Mr. Klebert served as a Member of Executive Board of ThyssenKrupp Services AG from 2006 to 2009. He served as Chief Executive Officer of Nordex SE (formerly, Nordex AG) since April 10, 2003. He professional career started in 1991 at Festo AG & Co., Esslingen, where he headed International Marketing and then International Key Account Management. In 1999, he joined the Schindler Group as management member for Haushahn elevators, then as Management Board Chairman and concurrently management board member of the Berlin-based Schindler Deutschland Holding. He also served as Group Managing Director of Schindler Holding Germany GmbH. He served as Chairman of the Executive Board of the Haushahn Group since 2002 and as Managing Director of Schindler Deutschland Holding GmbH. From 2004, he served as Chairman of the Executive Board of ThyssenKrupp Industrial service Holding GmbH. Mr. Klebert holds MBA at Henley Management College, UK. He graduated in mechanical engineering.

CEO Compensation
  • Insufficient data for Stefan to compare compensation growth.
  • Stefan's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the GEA Group management team in years:

2.4
Average Tenure
51
Average Age
  • The tenure for the GEA Group management team is about average.
Management Team

Stefan Klebert

TITLE
Chairman of the Executive Board & CEO
COMPENSATION
€2M
AGE
54
TENURE
0.4 yrs

Steffen Bersch

TITLE
Member of Executive Board
COMPENSATION
€2M
AGE
50
TENURE
3.5 yrs

Martine Snels

TITLE
Member of Executive Board
COMPENSATION
€2M
AGE
50
TENURE
1.8 yrs

Marcus Ketter

TITLE
CFO & Member of Executive Board
AGE
51
TENURE
0.2 yrs

Donat von Mueller

TITLE
Head of Investor Relations

Marc Pönitz

TITLE
Head of Corporate Media & Press

Tom Eriksson

TITLE
Country Managing Director for Sweden & Finland
AGE
52
TENURE
3.7 yrs

Ansgar Hoffmann

TITLE
Head of DACH & Eastern Europe Region
TENURE
2.4 yrs

Ann Tonia Cuylaerts

TITLE
Regional Head of North & Central Europe
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure and age of the GEA Group board of directors in years:

6.5
Average Tenure
61.5
Average Age
  • The tenure for the GEA Group board of directors is about average.
Board of Directors

Helmut Perlet

TITLE
Chairman of Supervisory Board
COMPENSATION
€251K
AGE
72
TENURE
3.3 yrs

Kurt-Jürgen Löw

TITLE
Deputy Chairman of Supervisory Board
COMPENSATION
€126K
AGE
61
TENURE
2.8 yrs

Hartmut Eberlein

TITLE
Member of Supervisory Board
COMPENSATION
€134K
AGE
67

Rainer Gröbel

TITLE
Member of Supervisory Board
COMPENSATION
€101K
AGE
66

Ahmad Bastaki

TITLE
Member of Supervisory Board
COMPENSATION
€97K
AGE
61
TENURE
15.8 yrs

Michael Kämpfert

TITLE
Member of Supervisory Board
COMPENSATION
€98K
AGE
54
TENURE
13.4 yrs

Jean Spence

TITLE
Member of Supervisory Board
COMPENSATION
€58K
AGE
62
TENURE
8.3 yrs

Eva-Maria Kerkemeier

TITLE
Member of Supervisory Board
COMPENSATION
€57K
AGE
64
TENURE
8.3 yrs

Brigitte Krönchen

TITLE
Member of Supervisory Board
COMPENSATION
€98K
AGE
56
TENURE
4.7 yrs

Peifang Zhang

TITLE
Member of Supervisory Board
COMPENSATION
€57K
AGE
58
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess GEA Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GEA Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

G1A News

Simply Wall St News

How Do GEA Group Aktiengesellschaft’s (FRA:G1A) Returns On Capital Compare To Peers?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … The formula for calculating the return on capital employed is:

Simply Wall St -

Is GEA Group Aktiengesellschaft's (FRA:G1A) ROE Of 8.4% Concerning?

Our data shows GEA Group has a return on equity of 8.4% for the last year. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.084 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

How Has GEA Group Aktiengesellschaft's (FRA:G1A) Earnings Fared Against The Long Term Trend

Understanding how GEA Group Aktiengesellschaft (FRA:G1A) is performing as a company requires looking at more than just a years' earnings. … Today I will run you through a basic sense check to gain perspective on how GEA Group is doing by comparing its latest earnings with its long-term trend as well as the performance of its machinery industry peers. … G1A's trailing twelve-month earnings (from 30 June 2018) of €197.0m has

Simply Wall St -

GEA Group Aktiengesellschaft (FRA:G1A): Poised For Long Term Success?

In June 2018, GEA Group Aktiengesellschaft (FRA:G1A) released its earnings update. … analyst consensus outlook appear vastly optimistic, … with earnings expected to grow by a high double-digit of 50.20% in the upcoming year,

Simply Wall St -

GEA Group Aktiengesellschaft (FRA:G1A): A Look At Return On Capital

You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand GEA Group’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?

Simply Wall St -

Will GEA Group Aktiengesellschaft (FRA:G1A) Continue To Underperform Its Industry?

GEA Group Aktiengesellschaft (FRA:G1A) delivered a less impressive 7.73% ROE over the past year, compared to the 11.59% return generated by its industry. … G1A's results could indicate a relatively inefficient operation to its peers, and while this may be the case, it is important to understand what ROE is made up of and how it should be interpreted. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of G1A's returns.

Simply Wall St -

Is Now The Right Time To Buy GEA Group Aktiengesellschaft (FRA:G1A)?

GEA Group Aktiengesellschaft (FRA:G1A) is considered a high growth stock. … However its last closing price of €29.19 left investors wondering whether this growth has already been factored into the share price. … Let’s look into this by assessing G1A's expected growth over the next few years.

Simply Wall St -

Should You Buy GEA Group Aktiengesellschaft (FRA:G1A) For Its Dividend?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … GEA Group Aktiengesellschaft (FRA:G1A) has returned to shareholders over the past 10 years, an average dividend yield of 2.00% annually. … Let's dig deeper into whether GEA Group should have a place in your portfolio.

Simply Wall St -

Looking At GEA Group Aktiengesellschaft (DB:G1A) From All Angles

I've been keeping an eye on GEA Group Aktiengesellschaft (DB:G1A) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe G1A has a lot to offer. … that has been able to sustain great financial health over the past

Simply Wall St -

Is It Time To Sell GEA Group Aktiengesellschaft (DB:G1A) Based Off Its PE Ratio?

and want to better understand how you can grow your money by investing in GEA Group Aktiengesellschaft (DB:G1A). … GEA Group Aktiengesellschaft (DB:G1A) trades with a trailing P/E of 30.6x, which is higher than the industry average of 22x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind.

Simply Wall St -

G1A Company Info

Description

GEA Group Aktiengesellschaft focuses on the development and production of process technology and components for the food processing industry worldwide. It operates in two segments, Business Area Equipment and Business Area Solutions. The Business Area Equipment segment offers separators, valves, pumps, homogenizers, and refrigeration compressors, as well as process technology solutions for food processing and packaging applications; and dairy equipment, feeding systems, and slurry engineering solutions. The Business Area Solutions segment provides process solutions for the food and beverages, pharma, and chemical industries. The company was formerly known as mg technologies ag and changed its name to GEA Group Aktiengesellschaft in 2005. GEA Group Aktiengesellschaft was founded in 1881 and is headquartered in Düsseldorf, Germany.

Details
Name: GEA Group Aktiengesellschaft
G1A
Exchange: DB
Founded: 1881
€4,044,829,574
180,492,172
Website: http://www.gea.com
Address: GEA Group Aktiengesellschaft
Peter-Müller-Strasse 12,
Düsseldorf,
North Rhine-Westphalia, 40468,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB G1A Bearer Shares Deutsche Boerse AG DE EUR 02. Jan 1992
OTCPK GEAG.F Bearer Shares Pink Sheets LLC US USD 02. Jan 1992
XTRA G1A Bearer Shares XETRA Trading Platform DE EUR 02. Jan 1992
LSE 0MPJ Bearer Shares London Stock Exchange GB EUR 02. Jan 1992
SWX G1A Bearer Shares SIX Swiss Exchange CH CHF 02. Jan 1992
WBAG G1A Bearer Shares Wiener Boerse AG AT EUR 02. Jan 1992
BATS-CHIXE G1AD Bearer Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
BST G1AA SPON ADR EACH REPR 1ORD Boerse-Stuttgart DE EUR 21. Jul 2008
OTCPK GEAG.Y SPON ADR EACH REPR 1ORD Pink Sheets LLC US USD 21. Jul 2008
Number of employees
Current staff
Staff numbers
18,718
GEA Group employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 20:45
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/04/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.