XTRA:ETG

Stock Analysis Report

Executive Summary

EnviTec Biogas AG provides various services to biogas plants in Europe, Asia, and North America.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has EnviTec Biogas's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

10.2%

ETG

9.1%

DE Oil and Gas

2.2%

DE Market


1 Year Return

52.4%

ETG

26.2%

DE Oil and Gas

-17.2%

DE Market

Return vs Industry: ETG exceeded the German Oil and Gas industry which returned 23.3% over the past year.

Return vs Market: ETG exceeded the German Market which returned -17.5% over the past year.


Shareholder returns

ETGIndustryMarket
7 Day10.2%9.1%2.2%
30 Day10.2%-12.2%-15.7%
90 Day15.6%-25.4%-24.0%
1 Year66.0%52.4%29.7%26.2%-14.9%-17.2%
3 Year128.5%75.0%-13.7%-21.3%-16.4%-23.3%
5 Year232.6%118.6%174.0%134.5%-16.5%-27.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is EnviTec Biogas 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: ETG (€14.1) is trading below our estimate of fair value (€28.59)

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


Price To Earnings Ratio

PE vs Industry: ETG is poor value based on its PE Ratio (30x) compared to the Oil and Gas industry average (5.7x).

PE vs Market: ETG is poor value based on its PE Ratio (30x) compared to the German market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ETG is overvalued based on its PB Ratio (1.4x) compared to the DE Oil and Gas industry average (0.9x).


Next Steps

Future Growth

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

13.6%

Forecasted Energy 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 EnviTec Biogas 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 EnviTec Biogas performed over the past 5 years?

28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ETG has high quality earnings.

Growing Profit Margin: ETG's current net profit margins (3.4%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: ETG's earnings have grown significantly by 28% per year over the past 5 years.

Accelerating Growth: ETG's earnings growth over the past year (4.1%) is below its 5-year average (28% per year).

Earnings vs Industry: ETG earnings growth over the past year (4.1%) exceeded the Oil and Gas industry -4.1%.


Return on Equity

High ROE: ETG's Return on Equity (5.3%) is considered low.


Next Steps

Financial Health

How is EnviTec Biogas's financial position?


Financial Position Analysis

Short Term Liabilities: ETG's short term assets (€109.5M) exceed its short term liabilities (€56.0M).

Long Term Liabilities: ETG's short term assets (€109.5M) exceed its long term liabilities (€46.4M).


Debt to Equity History and Analysis

Debt Level: ETG's debt to equity ratio (36.3%) is considered satisfactory.

Reducing Debt: ETG's debt to equity ratio has reduced from 56.7% to 36.3% over the past 5 years.

Debt Coverage: ETG's debt is well covered by operating cash flow (58.9%).

Interest Coverage: ETG's interest payments on its debt are well covered by EBIT (9.5x coverage).


Balance Sheet

Inventory Level: ETG has a high level of physical assets or inventory.

Debt Coverage by Assets: ETG's debt is covered by short term assets (assets are 2x debt).


Next Steps

Dividend

What is EnviTec Biogas's current dividend yield, its reliability and sustainability?

7.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ETG's dividend (7.09%) is higher than the bottom 25% of dividend payers in the German market (1.68%).

High Dividend: ETG's dividend (7.09%) is in the top 25% of dividend payers in the German market (4.97%)


Stability and Growth of Payments

Stable Dividend: ETG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ETG's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (212.7%), ETG's dividend payments are not 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?

12.7yrs

Average management tenure


CEO

Olaf von Lehmden (50yo)

12.67s

Tenure

€189,940

Compensation

Mr. Olaf Von Lehmden co-founded EnviTec Biogas AG in 2002 and has been its Chief Executive Officer since July 1, 2007. Mr. Lehmden has been the Chairman of Executive Board of EnviTec Biogas AG since July 1 ...


CEO Compensation Analysis

Compensation vs Market: Olaf's total compensation ($USD208.73K) is below average for companies of similar size in the German market ($USD731.58K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Olaf von Lehmden
Co-Founder12.67yrs€189.94kno data
Jörg Fischer
Finance Director12.67yrs€186.62kno data
Jurgen Tenbrink
Technical Director9.67yrs€174.80kno data
Kunibert Ruhe
Co-Founder & Consultantno datano datano data
Andreas Wilpsbaumer
Head of Quality Assuranceno datano datano data

12.7yrs

Average Tenure

50yo

Average Age

Experienced Management: ETG's management team is seasoned and experienced (12.7 years average tenure).


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

EnviTec Biogas AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EnviTec Biogas AG
  • Ticker: ETG
  • Exchange: XTRA
  • Founded: 2002
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: €196.020m
  • Shares outstanding: 14.85m
  • Website: https://www.envitec-biogas.de

Number of Employees


Location

  • EnviTec Biogas AG
  • Industriering 10a
  • Lohne
  • North Rhine-Westphalia
  • 49393
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ETGDB (Deutsche Boerse AG)YesBearer SharesDEEURJul 2007
ETGXTRA (XETRA Trading Platform)YesBearer SharesDEEURJul 2007

Biography

EnviTec Biogas AG provides various services to biogas plants in Europe, Asia, and North America. The company offers biogas plant related services, such as planning, turnkey construction, permission, realization, commissioning, repowering, biological and technical, insurance, plant management, raw material purchase, and logistic services. It also invests in and operates biogas plants. The company was founded in 2002 and is based in Lohne, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 22:04
End of Day Share Price2020/03/31 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.