Stock Analysis Report

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VERBIO Vereinigte BioEnergie

Executive Summary

VERBIO Vereinigte BioEnergie AG produces and supplies biofuels in Germany and rest of Europe. More Details

Snowflake Analysis

Solid track record with excellent balance sheet.

Share Price & News

How has VERBIO Vereinigte BioEnergie's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: VBK is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VBK's weekly volatility (8%) has been stable over the past year.

Market Performance

7 Day Return




DE Oil and Gas


DE Market

1 Year Return




DE Oil and Gas


DE Market

Return vs Industry: VBK exceeded the German Oil and Gas industry which returned 94.5% over the past year.

Return vs Market: VBK exceeded the German Market which returned 3.8% over the past year.

Shareholder returns

7 Day20.8%11.7%0.5%
30 Day44.6%29.1%11.6%
90 Day90.6%43.1%3.0%
1 Year167.7%163.5%98.8%93.9%5.3%2.0%
3 Year261.8%236.4%137.5%115.5%4.9%-4.2%
5 Year410.4%360.0%264.6%211.4%27.0%9.1%

Long-Term Price Volatility Vs. Market

How volatile is VERBIO Vereinigte BioEnergie's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is VERBIO Vereinigte BioEnergie undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: VBK (€27.25) is trading below our estimate of fair value (€53.42)

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

Price To Earnings Ratio

PE vs Industry: VBK is poor value based on its PE Ratio (20.8x) compared to the XE Oil and Gas industry average (11.8x).

PE vs Market: VBK is good value based on its PE Ratio (20.8x) compared to the German market (23.1x).

Price to Earnings Growth Ratio

PEG Ratio: VBK is poor value based on its PEG Ratio (1.4x)

Price to Book Ratio

PB vs Industry: VBK is overvalued based on its PB Ratio (4.1x) compared to the DE Oil and Gas industry average (2.1x).

Next Steps

Future Growth

How is VERBIO Vereinigte BioEnergie forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VBK's forecast earnings growth (14.8% per year) is above the savings rate (0.2%).

Earnings vs Market: VBK's earnings (14.8% per year) are forecast to grow slower than the German market (26.8% per year).

High Growth Earnings: VBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: VBK's revenue (10.6% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: VBK's revenue (10.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VBK's Return on Equity is forecast to be low in 3 years time (18.5%).

Next Steps

Past Performance

How has VERBIO Vereinigte BioEnergie performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VBK has high quality earnings.

Growing Profit Margin: VBK's current net profit margins (8.9%) are higher than last year (7.1%).

Past Earnings Growth Analysis

Earnings Trend: VBK's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: VBK's earnings growth over the past year (41.8%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: VBK earnings growth over the past year (41.8%) exceeded the Oil and Gas industry -24.4%.

Return on Equity

High ROE: VBK's Return on Equity (19.9%) is considered low.

Next Steps

Financial Health

How is VERBIO Vereinigte BioEnergie's financial position?

Financial Position Analysis

Short Term Liabilities: VBK's short term assets (€286.2M) exceed its short term liabilities (€93.6M).

Long Term Liabilities: VBK's short term assets (€286.2M) exceed its long term liabilities (€47.7M).

Debt to Equity History and Analysis

Debt Level: VBK's debt to equity ratio (7.2%) is considered satisfactory.

Reducing Debt: VBK's debt to equity ratio has increased from 6.6% to 7.2% over the past 5 years.

Debt Coverage: VBK's debt is well covered by operating cash flow (396.1%).

Interest Coverage: VBK's interest payments on its debt are well covered by EBIT (138x coverage).

Balance Sheet

Next Steps


What is VERBIO Vereinigte BioEnergie current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VBK's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.13%).

High Dividend: VBK's dividend (0.73%) is low compared to the top 25% of dividend payers in the German market (3.71%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VBK has been paying a dividend for less than 10 years.

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

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.3%), VBK's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: VBK's dividends in 3 years are forecast to be well covered by earnings (16.9% payout ratio).

Next Steps

  • Explore strong dividend paying companies in the Energy industry.


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


Average management tenure


Claus Sauter (54 yo)





Mr. Claus Sauter is the Founder and Chairman of Management Board of VERBIO Vereinigte BioEnergie AG and has been its Chief Executive Officer since May 2006. He is Responsible for strategic corporate develo...

CEO Compensation Analysis

Compensation vs Market: Claus's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD1.57M).

Compensation vs Earnings: Claus's compensation has increased by more than 20% in the past year.

Leadership Team

Claus Sauter
€ 352.9m
Oliver Ludtke
Vice Chairman of Management Board and COO of Bioethanol & Biomethane9.58yrs€612.00kno data
Bernd Sauter
COO of Procurement & Logistics and Member of Management Board10.17yrs€603.00k15.23%
€ 253.8m
Theodor Niesmann
COO of Biodiesel9.58yrs€613.00kno data
Stefan Schreiber
COO of VERBIO North America & Member of Management Board0.42yrno datano data
Olaf Troeber
Chief Investor Relations Officerno datano datano data


Average Tenure


Average Age

Experienced Management: VBK's management team is seasoned and experienced (9.6 years average tenure).

Board Members

Alexander von Witzleben
Chairman of the Supervisory Board12.67yrs€60.00kno data
Georg Pollert
Member of Supervisory Board9.5yrs€30.00k0.010%
€ 166.6k
Ulrike Kramer
Vice Chairman of Supervisory Board10.17yrs€30.00kno data


Average Tenure


Average Age

Experienced Board: VBK's board of directors are seasoned and experienced ( 10.2 years average tenure).


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

VERBIO Vereinigte BioEnergie AG's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: VERBIO Vereinigte BioEnergie AG
  • Ticker: VBK
  • Exchange: XTRA
  • Founded: 2006
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: €1.666b
  • Shares outstanding: 63.00m
  • Website: https://www.verbio.de

Number of Employees


  • VERBIO Vereinigte BioEnergie AG
  • Ritterstraße 23
  • Leipzig
  • Saxony
  • 4109
  • Germany


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VBKDB (Deutsche Boerse AG)YesBearer SharesDEEUROct 2006
VBKXTRA (XETRA Trading Platform)YesBearer SharesDEEUROct 2006
0NLYLSE (London Stock Exchange)YesBearer SharesGBEUROct 2006
VBVB.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDOct 2006
VBKSWX (SIX Swiss Exchange)YesBearer SharesCHCHFOct 2006
VBKdBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEUROct 2006
VBKETLX (Eurotlx)YesBearer SharesITEUROct 2006


VERBIO Vereinigte BioEnergie AG produces and supplies biofuels in Germany and rest of Europe. The company's products include biodiesel, bioethanol, biomethane, bioglycerin, and liquid fertilizers. It offer...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 19:15
End of Day Share Price2020/12/02 00:00
Annual Earnings2020/06/30

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.