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Renewi

DB:1K5
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1K5
DB
£240M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Renewi plc provides waste-to-product services in the Netherlands, Belgium, the United Kingdom, Germany, France, Portugal, Canada, Hungary, and Luxembourg. The last earnings update was 168 days ago. More info.


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1K5 Share Price and Events
7 Day Returns
0%
DB:1K5
0.1%
DE Commercial Services
0.8%
DE Market
1 Year Returns
-
DB:1K5
-6.3%
DE Commercial Services
-4.5%
DE Market
1K5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Renewi (1K5) 0% 17% - - - -
DE Commercial Services 0.1% 3.3% 10.1% -6.3% 3.5% -41.2%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • No trading data on 1K5.
  • No trading data on 1K5.
Price Volatility
1K5
Industry
5yr Volatility vs Market

Value

 Is Renewi 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 Renewi 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 Renewi.

DB:1K5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.5%
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:1K5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 19%) (300.16%))
2.02
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 6.65%)
13.53%

Discounted Cash Flow Calculation for DB:1K5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Renewi 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:1K5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 13.53%)
2019 -28.37 Analyst x2 -24.99
2020 35.95 Analyst x2 27.89
2021 56.15 Analyst x3 38.38
2022 73.45 Est @ 30.8% 44.21
2023 89.33 Est @ 21.63% 47.37
2024 102.92 Est @ 15.21% 48.07
2025 113.95 Est @ 10.71% 46.88
2026 122.57 Est @ 7.57% 44.42
2027 129.15 Est @ 5.37% 41.22
2028 134.09 Est @ 3.82% 37.70
Present value of next 10 years cash flows £351.16
DB:1K5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £134.09 × (1 + 0.23%) ÷ (13.53% – 0.23%)
£1,010.48
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £1,010.48 ÷ (1 + 13.53%)10
£284.12
DB:1K5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £351.16 + £284.12
£635.28
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £635.28 / 800.14
£0.79
DB:1K5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1K5 represents 1.03334x of LSE:RWI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.03334x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 0.79 x 1.03334
€0.82
Value per share (EUR) From above. €0.82
Current discount Discount to share price of €0.31
= -1 x (€0.31 - €0.82) / €0.82
62.2%

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

Current Discount
Amount off the current price Renewi is available for.
Intrinsic value
>50%
Share price is €0.31 vs Future cash flow value of €0.82042
Current Discount Checks
For Renewi to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Renewi's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Renewi's share price is below the future cash flow value, and 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 Renewi's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Renewi's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1K5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £-0.06
LSE:RWI Share Price ** LSE (2019-04-25) in GBP £0.3
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 17.06x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

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

** Primary Listing of Renewi.

DB:1K5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:RWI Share Price ÷ EPS (both in GBP)

= 0.3 ÷ -0.06

-5.21x

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

  • Renewi is loss making, we can't compare its value to the Europe Commercial Services industry average.
  • Renewi is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Renewi's expected growth come at a high price?
Raw Data
DB:1K5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
71.4%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 53 Publicly-Listed Commercial Services Companies 1.4x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Renewi, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Renewi's assets?
Raw Data
DB:1K5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.55
LSE:RWI Share Price * LSE (2019-04-25) in GBP £0.3
Germany Commercial Services Industry PB Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 2.03x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:1K5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:RWI Share Price ÷ Book Value per Share (both in GBP)

= 0.3 ÷ 0.55

0.54x

* Primary Listing of Renewi.

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

  • Renewi is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Renewi'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Renewi has a total score of 3/6, 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.

Future Performance

 How is Renewi expected to perform in the next 1 to 3 years based on estimates from 4 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
71.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Renewi expected to grow at an attractive rate?
  • Renewi's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Renewi's earnings growth is expected to exceed the Germany market average.
  • Renewi's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1K5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1K5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 71.4%
DB:1K5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 4.7%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 31.4%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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:1K5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1K5 Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 1,771 148 53 3
2020-03-31 1,706 90 37 4
2019-03-31 1,615 75 23 3
DB:1K5 Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 1,576 114 -46
2018-06-30 1,571 118 -47
2018-03-31 1,566 122 -48
2017-09-30 1,321 92 -39
2017-06-30 1,050 57 -50
2017-03-31 779 23 -61
2016-09-30 666 44 -8
2016-06-30 640 56 -6
2016-03-31 614 67 -4
2015-12-31 602 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Renewi's earnings are expected to grow significantly at over 20% yearly.
  • Renewi's revenue is expected to grow by 4.7% 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:1K5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Renewi Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1K5 Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 0.07 0.07 0.06 2.00
2020-03-31 0.05 0.05 0.04 2.00
2019-03-31 0.01 0.01 0.01 1.00
DB:1K5 Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 -0.06
2018-06-30 -0.06
2018-03-31 -0.06
2017-09-30 -0.06
2017-06-30 -0.08
2017-03-31 -0.11
2016-09-30 -0.02
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.01

*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.
  • Renewi is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Renewi'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.
Renewi has a total score of 3/6, 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.

Past Performance

  How has Renewi 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 Renewi's growth in the last year to its industry (Commercial Services).
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.
  • Renewi does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Renewi's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Renewi's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Renewi'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 Renewi Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1K5 Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1,575.70 -46.00 196.70
2018-06-30 1,570.70 -47.10 204.20
2018-03-31 1,565.70 -48.20 211.70
2017-09-30 1,321.20 -39.30 176.10
2017-06-30 1,050.20 -49.95 131.35
2017-03-31 779.20 -60.60 86.60
2016-09-30 666.20 -8.30 71.50
2016-06-30 640.00 -6.15 66.75
2016-03-31 613.80 -4.00 62.00
2015-12-31 602.20 -5.80 60.55
2015-09-30 590.60 -7.60 59.10
2015-06-30 595.00 -12.95 59.40
2015-03-31 599.40 -18.30 59.70
2014-12-31 606.90 -17.90 60.55
2014-09-30 614.40 -17.50 61.40
2014-06-30 623.90 -7.90 60.65
2014-03-31 633.40 1.70 59.90
2013-12-31 631.40 -4.90 62.95
2013-09-30 629.40 -11.50 66.00
2013-06-30 622.00 -11.35 67.20
2013-03-31 614.60 -11.20 68.40
2012-12-31 638.00 3.60 66.80
2012-09-30 661.40 18.40 65.20
2012-06-30 705.75 22.05 69.25

*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.
  • It is difficult to establish if Renewi has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Renewi has efficiently used its assets last year compared to the Europe Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Renewi improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Renewi'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 Commercial Services 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.
Renewi 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.

Health

 How is Renewi'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 Renewi's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Renewi's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Renewi's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Renewi'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 not covered by short term assets, assets are 0.6x 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 Renewi Company Filings, last reported 6 months ago.

DB:1K5 Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 448.00 720.50 111.10
2018-06-30 448.00 720.50 111.10
2018-03-31 382.40 614.60 63.90
2017-09-30 452.80 593.70 73.00
2017-06-30 452.80 593.70 73.00
2017-03-31 437.40 585.90 74.90
2016-09-30 165.60 364.10 31.80
2016-06-30 165.60 364.10 31.80
2016-03-31 182.80 318.40 34.70
2015-12-31 182.80 318.40 34.70
2015-09-30 178.90 439.80 59.50
2015-06-30 178.90 439.80 59.50
2015-03-31 189.10 438.40 60.80
2014-12-31 189.10 438.40 60.80
2014-09-30 230.20 432.90 89.90
2014-06-30 230.20 432.90 89.90
2014-03-31 273.50 408.30 104.20
2013-12-31 273.50 408.30 104.20
2013-09-30 291.30 404.20 84.00
2013-06-30 291.30 404.20 84.00
2013-03-31 313.70 383.60 75.40
2012-12-31 313.70 383.60 75.40
2012-09-30 342.30 333.90 61.60
2012-06-30 342.30 333.90 61.60
  • Renewi's level of debt (160.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (138.9% vs 160.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Renewi has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Renewi has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -21.5% per year.
X
Financial health checks
We assess Renewi'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. Renewi has a total score of 2/6, 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.

Dividends

 What is Renewi'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
10.17%
Current annual income from Renewi dividends. Estimated to be 10.89% next year.
If you bought €2,000 of Renewi shares you are expected to receive €203 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?
  • Renewi's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Renewi's dividend is above the markets top 25% of dividend payers in Germany (3.67%).
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:1K5 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 4 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:1K5 Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 0.03 2.00
2020-03-31 0.03 2.00
2019-03-31 0.03 2.00
DB:1K5 Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-05-24 0.031 7.431
2017-06-12 0.031 3.343
2017-05-25 0.031 3.341
2016-07-07 0.035 3.524
2016-05-19 0.035 4.259
2015-06-15 0.035 3.813
2015-05-22 0.035 3.123
2015-05-21 0.035 3.169
2014-06-16 0.035 3.381
2014-05-15 0.035 3.298
2013-05-16 0.035 3.487
2012-06-15 0.035 4.179
2012-05-17 0.035 4.232
2011-05-31 0.033 3.039
2011-05-26 0.033 2.650
2010-11-04 0.020 1.708
2010-06-14 0.040 3.804
2010-05-20 0.040 4.085
2009-11-05 0.020 1.854
2009-06-15 0.000 0.000

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

  • Renewi has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Renewi only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Renewi's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Renewi'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 Renewi afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Renewi has a total score of 3/6, see the detailed checks below.


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

Management

 What is the CEO of Renewi'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
Otto de Bont
TENURE AS CEO 0 years
CEO Bio

Mr. Otto de Bont, MSC has been the Chief Executive Officer at Renewi plc since April 1, 2019 and has been its Director since 2019. Mr. de Bont was Managing Director of Netherlands Commercial Division at Renewi plc since May 2017 until April 2019. Prior to his appointment at Renewi, Mr. de Bont worked for a number of blue-chip companies including United Technologies and the Plastics and Security divisions of General Electric. Most recently, he spent six years at United Technologies in various managerial positions culminating in his role as President of the Fire & Security Field Continental Europe.

CEO Compensation
  • Insufficient data for Otto to compare compensation growth.
  • Insufficient data for Otto to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Renewi management team in years:

4.4
Average Tenure
  • The tenure for the Renewi management team is about average.
Management Team

Toby Woolrych

TITLE
CFO & Director
COMPENSATION
£985K
AGE
52

Otto de Bont

TITLE
CEO & Director

Baukje Dreimuller

TITLE
General Counsel
TENURE
1.6 yrs

Patrick Deprez

TITLE
Group Product Sales Director
TENURE
6.3 yrs

Helen Richardson

TITLE
Director of Human Resources

Jonny Kappen

TITLE
Managing Director of Dutch Hazardous Waste Business
AGE
59
TENURE
12.3 yrs

James Priestley

TITLE
Managing Director of Municipal
TENURE
2.4 yrs

Wim Geens

TITLE
Managing Director of Belgium Commercial
TENURE
6.8 yrs

Bas Blom

TITLE
MD of Monostreams & Group Continuous Improvement Director
TENURE
2.2 yrs

Philip Griffin-Smith

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Renewi board of directors in years:

1.8
Average Tenure
57.5
Average Age
  • The average tenure for the Renewi board of directors is less than 3 years, this suggests a new board.
Board of Directors

Colin Matthews

TITLE
Chairman
COMPENSATION
£150K
AGE
62
TENURE
3 yrs

Toby Woolrych

TITLE
CFO & Director
COMPENSATION
£985K
AGE
52
TENURE
6.7 yrs

Otto de Bont

TITLE
CEO & Director
TENURE
0.3 yrs

Marina Wyatt

TITLE
Non-Executive Director
COMPENSATION
£57K
AGE
54
TENURE
6 yrs

Allard Castelein

TITLE
Non-Executive Director
COMPENSATION
£54K
AGE
60
TENURE
2.3 yrs

Jacques Pétry

TITLE
Senior Independent Director
COMPENSATION
£53K
AGE
64
TENURE
1.8 yrs

Luc Sterckx

TITLE
Non-Executive Director
COMPENSATION
£28K
TENURE
1.6 yrs

Jolande Sap

TITLE
Non-Executive Director
AGE
55
TENURE
1 yrs

Neil Hartley

TITLE
Non-Executive Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Renewi insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
02. Apr 19 Buy Colin Matthews Individual 02. Apr 19 02. Apr 19 50,000 €0.27 €13,540
05. Feb 19 Buy Toby Woolrych Individual 04. Feb 19 04. Feb 19 59,653 €0.29 €17,041
05. Feb 19 Buy Colin Matthews Individual 04. Feb 19 04. Feb 19 100,000 €0.29 €28,566
03. Dec 18 Buy Colin Matthews Individual 30. Nov 18 30. Nov 18 100,000 €0.45 €45,089
04. Oct 18 Buy Peter Dilnot Individual 03. Oct 18 03. Oct 18 100,000 €0.61 €61,463
04. Oct 18 Buy Toby Woolrych Individual 03. Oct 18 03. Oct 18 45,709 €0.61 €28,043
31. May 18 Sell Peter Dilnot Individual 31. May 18 31. May 18 -108,865 €0.88 €-95,785
31. May 18 Sell Toby Woolrych Individual 31. May 18 31. May 18 -60,810 €0.88 €-53,504
24. May 18 Buy Toby Woolrych Individual 24. May 18 24. May 18 37,897 €0.87 €32,861
X
Management checks
We assess Renewi'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. Renewi 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.

News

Simply Wall St News

Company Info

Description

Renewi plc provides waste-to-product services in the Netherlands, Belgium, the United Kingdom, Germany, France, Portugal, Canada, Hungary, and Luxembourg. The company operates through Commercial Waste, Hazardous Waste, Monostreams, and Municipal segments. It is involved in the collection and treatment of commercial waste; industrial cleaning and treatment of hazardous waste; and operation of waste management facilities under long-term municipal contracts, as well as waste recycling activities. The company also produces materials from waste streams, such as glass bottlebanks, discarded electrical and electronic equipment, source separated organics, minerals, and incinerators’ bottom ashes. In addition, it provides clean water and soil, and inert ash. Renewi plc serves production factories, offices, hospitals, retail, shops, and restaurants; heavy industry, petrochemical sites, oil and gas production, and the food industry; and building and construction markets. The company was formerly known as Shanks Group plc and changed its name to Renewi plc in February 2017. Renewi plc was founded in 1880 and is headquartered in Milton Keynes, the United Kingdom.

Details
Name: Renewi plc
1K5
Exchange: DB
Founded: 1880
£278,109,872
800,141,536
Website: http://www.renewi.com
Address: Renewi plc
Dunedin House,
Auckland Park,
Milton Keynes,
Buckinghamshire, MK1 1BU,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE RWI Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
OTCPK SHMC.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB 1K5 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
7,099
Renewi employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 22:07
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/04/08
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.