DB:KGR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

LEWAG Holding Aktiengesellschaft, through its subsidiary, HEGLA GmbH & Co. More Details


Snowflake Analysis

Undervalued with excellent balance sheet and pays a dividend.

Share Price & News

How has LEWAG Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KGR is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KGR's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

8.7%

KGR

2.6%

DE Machinery

1.5%

DE Market


1 Year Return

-8.7%

KGR

14.8%

DE Machinery

3.6%

DE Market

Return vs Industry: KGR underperformed the German Machinery industry which returned 14.8% over the past year.

Return vs Market: KGR underperformed the German Market which returned 3.6% over the past year.


Shareholder returns

KGRIndustryMarket
7 Day8.7%2.6%1.5%
30 Day19.1%6.4%3.6%
90 Day14.2%16.1%11.9%
1 Year-6.3%-8.7%17.5%14.8%6.9%3.6%
3 Year-11.1%-17.0%-25.7%-30.4%5.7%-3.5%
5 Year137.1%107.6%7.6%-4.0%42.4%22.5%

Long-Term Price Volatility Vs. Market

How volatile is LEWAG Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LEWAG Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KGR (€13.7) is trading below our estimate of fair value (€194.53)

Significantly Below Fair Value: KGR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KGR is good value based on its PE Ratio (15.1x) compared to the DE Machinery industry average (36.7x).

PE vs Market: KGR is good value based on its PE Ratio (15.1x) compared to the German market (24.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KGR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KGR is good value based on its PB Ratio (1.4x) compared to the DE Machinery industry average (1.6x).


Next Steps

Future Growth

How is LEWAG Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as LEWAG Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has LEWAG Holding performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KGR has high quality earnings.

Growing Profit Margin: KGR's current net profit margins (3.9%) are lower than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: KGR's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: KGR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KGR had negative earnings growth (-12.7%) over the past year, making it difficult to compare to the Machinery industry average (-48%).


Return on Equity

High ROE: KGR's Return on Equity (9.3%) is considered low.


Next Steps

Financial Health

How is LEWAG Holding's financial position?


Financial Position Analysis

Short Term Liabilities: KGR's short term assets (€48.9M) exceed its short term liabilities (€35.4M).

Long Term Liabilities: KGR's short term assets (€48.9M) exceed its long term liabilities (€17.1M).


Debt to Equity History and Analysis

Debt Level: KGR's debt to equity ratio (38.5%) is considered satisfactory.

Reducing Debt: KGR's debt to equity ratio has increased from 30.3% to 38.5% over the past 5 years.

Debt Coverage: KGR's debt is well covered by operating cash flow (63.7%).

Interest Coverage: KGR's interest payments on its debt are well covered by EBIT (16.4x coverage).


Balance Sheet


Next Steps

Dividend

What is LEWAG Holding current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KGR's dividend (2.55%) is higher than the bottom 25% of dividend payers in the German market (0.98%).

High Dividend: KGR's dividend (2.55%) is low compared to the top 25% of dividend payers in the German market (3.49%).


Stability and Growth of Payments

Stable Dividend: KGR's dividends per share have been stable in the past 10 years.

Growing Dividend: KGR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.7%), KGR's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

LEWAG Holding has no CEO, or we have no data on them.


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

LEWAG Holding Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LEWAG Holding Aktiengesellschaft
  • Ticker: KGR
  • Exchange: DB
  • Founded: 1873
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €65.102m
  • Shares outstanding: 4.75m
  • Website: https://www.lewag.de

Number of Employees


Location

  • LEWAG Holding Aktiengesellschaft
  • Industriestrasse 21
  • Beverungen
  • North Rhine-Westphalia
  • 37688
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KGRDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2010

Biography

LEWAG Holding Aktiengesellschaft, through its subsidiary, HEGLA GmbH & Co. KG, engages in the manufacture and sale of machinery and systems, warehousing and logistics systems, and vehicle bodies. Its produ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 01:23
End of Day Share Price2021/01/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.