DB:TSS

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

InnoTec TSS AG, through its subsidiaries, operates in the construction supply industry in Germany. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

How has InnoTec TSS's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TSS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.2%

TSS

-0.4%

DE Building

-1.2%

DE Market


1 Year Return

-10.0%

TSS

10.5%

DE Building

-0.2%

DE Market

Return vs Industry: TSS underperformed the German Building industry which returned 8.9% over the past year.

Return vs Market: TSS underperformed the German Market which returned 0.2% over the past year.


Shareholder returns

TSSIndustryMarket
7 Day-2.2%-0.4%-1.2%
30 Day-4.8%3.5%0.4%
90 Day-1.6%6.0%-1.0%
1 Year-2.9%-10.0%14.1%10.5%2.9%-0.2%
3 Year-34.9%-46.3%10.5%1.5%-0.1%-8.9%
5 Year-4.5%-25.9%60.2%45.0%21.2%3.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is InnoTec TSS undervalued compared to its fair value and its price relative to the market?

48.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TSS (€9) is trading below our estimate of fair value (€17.51)

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


Price To Earnings Ratio

PE vs Industry: TSS is good value based on its PE Ratio (10.4x) compared to the XE Building industry average (21.3x).

PE vs Market: TSS is good value based on its PE Ratio (10.4x) compared to the German market (22.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TSS is good value based on its PB Ratio (1.1x) compared to the DE Building industry average (1.2x).


Next Steps

Future Growth

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

14.7%

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 InnoTec TSS 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 InnoTec TSS performed over the past 5 years?

-7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TSS has high quality earnings.

Growing Profit Margin: TSS's current net profit margins (8.3%) are higher than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: TSS's earnings have declined by 7% per year over the past 5 years.

Accelerating Growth: TSS's earnings growth over the past year (3.5%) exceeds its 5-year average (-7% per year).

Earnings vs Industry: TSS earnings growth over the past year (3.5%) underperformed the Building industry 3.5%.


Return on Equity

High ROE: TSS's Return on Equity (10.3%) is considered low.


Next Steps

Financial Health

How is InnoTec TSS's financial position?


Financial Position Analysis

Short Term Liabilities: TSS's short term assets (€47.6M) exceed its short term liabilities (€13.1M).

Long Term Liabilities: TSS's short term assets (€47.6M) exceed its long term liabilities (€15.0M).


Debt to Equity History and Analysis

Debt Level: TSS's debt to equity ratio (14.6%) is considered satisfactory.

Reducing Debt: TSS's debt to equity ratio has reduced from 23.4% to 14.6% over the past 5 years.

Debt Coverage: TSS's debt is well covered by operating cash flow (125.4%).

Interest Coverage: TSS's interest payments on its debt are well covered by EBIT (80.3x coverage).


Balance Sheet


Next Steps

Dividend

What is InnoTec TSS current dividend yield, its reliability and sustainability?

8.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TSS's dividend (8.33%) is higher than the bottom 25% of dividend payers in the German market (1.22%).

High Dividend: TSS's dividend (8.33%) is in the top 25% of dividend payers in the German market (3.77%)


Stability and Growth of Payments

Stable Dividend: TSS's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.9%), TSS's payments are 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?

€550k

CEO Compensation


CEO

Gerson Link

no data

Tenure

€550,000

Compensation

Dr. Gerson Link has been a Member of the Management Board at Innotec TSS AG since 2002 and is the Chairman of Management Board. Dr. Link serves as a Member of the Management Board at Rodenberg Fenster + Tü ...


CEO Compensation Analysis

Compensation vs Market: Gerson's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD496.52K).

Compensation vs Earnings: Gerson's compensation has been consistent with company performance over the past year.


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

InnoTec TSS AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: InnoTec TSS AG
  • Ticker: TSS
  • Exchange: DB
  • Founded: 1986
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: €87.566m
  • Shares outstanding: 9.57m
  • Website: https://www.innotectss.de

Number of Employees


Location

  • InnoTec TSS AG
  • Grunerstrasse 62
  • Düsseldorf
  • North Rhine-Westphalia
  • 40239
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TSSDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0NL8LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992

Biography

InnoTec TSS AG, through its subsidiaries, operates in the construction supply industry in Germany. It offers exterior door panels; and structural matrices for exposed concrete surfaces in construction. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 21:11
End of Day Share Price2020/10/22 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.