XTRA:VBK

Stock Analysis Report

VERBIO Vereinigte BioEnergie

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • VERBIO Vereinigte BioEnergie is covered by less than 3 analysts.

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


Market Performance


7 Day Return

-1.3%

VBK

1.9%

DE Oil and Gas

-0.2%

DE Market


1 Year Return

44.0%

VBK

31.4%

DE Oil and Gas

-5.0%

DE Market

VBK outperformed the Oil and Gas industry which returned 31.3% over the past year.

VBK outperformed the Market in Germany which returned -5% over the past year.


Share holder returns

VBKIndustryMarket
7 Day-1.3%1.9%-0.2%
30 Day13.3%7.8%5.3%
90 Day22.6%7.5%1.4%
1 Year48.2%44.0%35.7%31.4%-2.0%-5.0%
3 Year67.3%55.8%35.1%22.4%17.1%7.0%
5 Year474.7%426.2%129.8%95.3%33.9%15.7%

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

Valuation

Is VERBIO Vereinigte BioEnergie undervalued based on future cash flows and its price relative to the stock market?

10.62x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

VERBIO Vereinigte BioEnergie's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

VERBIO Vereinigte BioEnergie's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

VERBIO Vereinigte BioEnergie is overvalued based on earnings compared to the Europe Oil and Gas industry average.

VERBIO Vereinigte BioEnergie is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

VERBIO Vereinigte BioEnergie earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

VERBIO Vereinigte BioEnergie is overvalued based on assets compared to the DE Oil and Gas industry average.


Next Steps

Future Growth

How is VERBIO Vereinigte BioEnergie expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

-50.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

VERBIO Vereinigte BioEnergie's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

VERBIO Vereinigte BioEnergie's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

VERBIO Vereinigte BioEnergie's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.

VERBIO Vereinigte BioEnergie's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.

VERBIO Vereinigte BioEnergie's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if VERBIO Vereinigte BioEnergie will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

18.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

VERBIO Vereinigte BioEnergie's year on year earnings growth rate has been positive over the past 5 years.

VERBIO Vereinigte BioEnergie's 1-year earnings growth exceeds its 5-year average (131.5% vs 18.4%)

VERBIO Vereinigte BioEnergie's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (131.5% vs 14.4%).


Return on Equity

VERBIO Vereinigte BioEnergie has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

VERBIO Vereinigte BioEnergie used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

VERBIO Vereinigte BioEnergie has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is VERBIO Vereinigte BioEnergie's financial position?


Financial Position Analysis

VERBIO Vereinigte BioEnergie is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

VERBIO Vereinigte BioEnergie's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

VERBIO Vereinigte BioEnergie's level of debt (2.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (34.4% vs 2.7% today).

Debt is well covered by operating cash flow (802.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 271.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 24.8x debt.


Next Steps

Dividend

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

2.79%

Expected Dividend Yield


Dividend Yield and Payments Analysis

VERBIO Vereinigte BioEnergie's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).

VERBIO Vereinigte BioEnergie's dividend is below the markets top 25% of dividend payers in Germany (3.89%).

Whilst dividend payments have been stable, VERBIO Vereinigte BioEnergie has been paying a dividend for less than 10 years.

Dividend payments have increased, but VERBIO Vereinigte BioEnergie only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of VERBIO Vereinigte BioEnergie's salary, the management and board of directors tenure and is there insider trading?

8.6yrs

Average management tenure


CEO

Claus Sauter (53yo)

13.3yrs

Tenure

€804,000

Compensation

Mr. Claus Sauter is the Founder, Chairman of Management Board of VERBIO Vereinigte BioEnergie AG and has been its Chief Executive Officer and Chief Financial Officer since May 2006, February 2009 respecti ...


CEO Compensation Analysis

Claus's remuneration is lower than average for companies of similar size in Germany.

Claus's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.6yrs

Average Tenure

52yo

Average Age

The average tenure for the VERBIO Vereinigte BioEnergie management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.9yrs

Average Tenure

56yo

Average Age

The tenure for the VERBIO Vereinigte BioEnergie board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Claus Sauter (53yo)

    Founder

    • Tenure: 13.3yrs
    • Compensation: €804.00k
  • Bernd Sauter (50yo)

    COO of Procurement & Logistics and Member of Management Board

    • Tenure: 8.9yrs
    • Compensation: €603.00k
  • Oliver Lüdtke (54yo)

    Vice Chairman of Management Board and COO of Bioethanol & Biomethane

    • Tenure: 8.3yrs
    • Compensation: €612.00k
  • Theodor Niesmann (52yo)

    COO of Biodiesel

    • Tenure: 8.3yrs
    • Compensation: €613.00k
  • Olaf Troeber (50yo)

    Chief Investor Relations Officer

    • Tenure: 0yrs

Board Members

  • Alexander von Witzleben (56yo)

    Chairman of the Supervisory Board

    • Tenure: 11.4yrs
    • Compensation: €60.00k
  • Georg Pollert (71yo)

    Member of Supervisory Board

    • Tenure: 8.3yrs
    • Compensation: €30.00k
  • Ulrike Krämer (51yo)

    Vice Chairman of Supervisory Board

    • Tenure: 8.9yrs
    • Compensation: €30.00k

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: €563.850m
  • Shares outstanding: 63.00m
  • Website: https://www.verbio.de

Number of Employees


Location

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

Listings

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

Biography

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 Analysis2019/09/21 20:59
End of Day Share Price2019/09/20 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.