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.

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

2.3%

VBK

5.0%

DE Oil and Gas

2.4%

DE Market


1 Year Return

60.5%

VBK

43.6%

DE Oil and Gas

2.3%

DE Market

Return vs Industry: VBK exceeded the German Oil and Gas industry which returned 43.6% over the past year.

Return vs Market: VBK exceeded the German Market which returned 2.3% over the past year.


Shareholder returns

VBKIndustryMarket
7 Day2.3%5.0%2.4%
30 Day-2.6%5.1%-0.2%
90 Day18.5%6.0%0.6%
1 Year65.3%60.5%48.3%43.6%5.5%2.3%
3 Year70.2%58.5%40.9%27.5%18.9%8.6%
5 Year585.0%527.1%167.0%125.5%44.8%25.1%

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 compared to its fair value and its price relative to the market?

10.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: VBK (€8.83) is trading above our estimate of fair value (€2.8)

Significantly Undervalued: VBK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VBK is poor value based on its PE Ratio (10.5x) compared to the Oil and Gas industry average (9.2x).

PE vs Market: VBK is good value based on its PE Ratio (10.5x) compared to the German market (19.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: VBK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: VBK is overvalued based on its PB Ratio (1.6x) compared to the DE Oil and Gas industry average (1.1x).


Next Steps

Future Growth

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

-19.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VBK's earnings are forecast to decline over the next 3 years (-19.2% per year).

Earnings vs Market: VBK's earnings are forecast to decline over the next 3 years (-19.2% per year).

High Growth Earnings: VBK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: VBK's revenue (6.9% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: VBK's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: VBK's Return on Equity is forecast to be low in 3 years time (9.9%).


Next Steps

Past Performance

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

16.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VBK's earnings have grown by 16.2% per year over the past 5 years.

Accelerating Growth: VBK's earnings growth over the past year (254.9%) exceeds its 5-year average (16.2% per year).

Earnings vs Industry: VBK earnings growth over the past year (254.9%) exceeded the Oil and Gas industry 10%.


Return on Equity

High ROE: VBK's Return on Equity (15.3%) is considered low.


Return on Assets

ROA vs Industry: VBK has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: VBK has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is VERBIO Vereinigte BioEnergie's financial position?


Financial Position Analysis

Short Term Liabilities: VBK's short term assets (€210.8M) exceeds its short term liabilities (€78.9M)

Long Term Liabilities: VBK's short term assets (210.8M) exceeds its long term liabilities (7.1M)


Debt to Equity History and Analysis

Debt Level: VBK's debt to equity ratio (3%) is considered satisfactory

Reducing Debt: VBK's debt to equity ratio has reduced from 29.3% to 3% over the past 5 years.

Debt Coverage: VBK's debt is well covered by operating cash flow (440.8%).

Interest Coverage: VBK's interest payments on its debt are well covered by EBIT (125.4x coverage).


Balance Sheet

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

Debt Coverage by Assets: VBK's debt is covered by short term assets (assets are 20.959530x debt).


Next Steps

Dividend

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

2.27%

Current Dividend Yield


Dividend Yield vs Market

company2.3%marketbottom25%1.4%markettop25%3.9%industryaverage5.9%forecastin3Years2.3%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: VBK's dividend (2.27%) is higher than the bottom 25% of dividend payers in the German market (1.43%).

High Dividend: VBK's dividend (2.27%) is low compared to the top 25% of dividend payers in the German market (3.86%).

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 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.8%), 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 (15.2% payout ratio).


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?

8.7yrs

Average management tenure


CEO

Claus Sauter (53yo)

13.4yrs

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

Compensation vs. Market: Claus's total compensation ($USD0.00) is too low to compare against companies of similar size in the German market ($USD1.16M).

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


Management Age and Tenure

8.7yrs

Average Tenure

52yo

Average Age

Experienced Management: VBK's management team is seasoned and experienced (8.7 years average tenure).


Board Age and Tenure

9.0yrs

Average Tenure

56yo

Average Age

Experienced Board: VBK's board of directors are considered experienced (9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Claus Sauter (53yo)

    Founder

    • Tenure: 13.4yrs
    • Compensation: €804.00k
  • Bernd Sauter (50yo)

    COO of Procurement & Logistics and Member of Management Board

    • Tenure: 9yrs
    • Compensation: €603.00k
  • Oliver Lüdtke (54yo)

    Vice Chairman of Management Board and COO of Bioethanol & Biomethane

    • Tenure: 8.4yrs
    • Compensation: €612.00k
  • Theodor Niesmann (52yo)

    COO of Biodiesel

    • Tenure: 8.4yrs
    • Compensation: €613.00k
  • Olaf Troeber (50yo)

    Chief Investor Relations Officer

    • Tenure: 0yrs

Board Members

  • Alexander von Witzleben (56yo)

    Chairman of the Supervisory Board

    • Tenure: 11.5yrs
    • 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: 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: €556.290m
  • 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 Analysis2019/10/14 20:53
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.