MUN:SLB

Stock Analysis Report

Executive Summary

Staatl. Mineralbrunnen AG provides non-alcoholic beverages in Germany.

Snowflake

Fundamentals

Adequate balance sheet with concerning outlook.

Share Price & News

How has Staatl. Mineralbrunnen's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

17.8%

SLB

2.5%

DE Beverage

4.1%

DE Market


1 Year Return

48.6%

SLB

8.0%

DE Beverage

2.4%

DE Market

Return vs Industry: SLB exceeded the German Beverage industry which returned 8% over the past year.

Return vs Market: SLB exceeded the German Market which returned 2.4% over the past year.


Shareholder returns

SLBIndustryMarket
7 Day17.8%2.5%4.1%
30 Day4.6%3.5%1.7%
90 Day6.0%2.9%3.7%
1 Year50.8%48.6%10.2%8.0%5.6%2.4%
3 Year99.7%89.3%45.7%38.7%19.2%8.9%
5 Year127.6%106.5%82.1%67.0%43.2%23.7%

Price Volatility Vs. Market

How volatile is Staatl. Mineralbrunnen's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Staatl. Mineralbrunnen undervalued compared to its fair value and its price relative to the market?

78.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SLB (€159) is trading above our estimate of fair value (€41.95)

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


Price To Earnings Ratio

PE vs Industry: SLB is poor value based on its PE Ratio (79x) compared to the Beverage industry average (27.7x).

PE vs Market: SLB is poor value based on its PE Ratio (79x) compared to the German market (19.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SLB is overvalued based on its PB Ratio (3.8x) compared to the DE Beverage industry average (1.6x).


Next Steps

Future Growth

How is Staatl. Mineralbrunnen forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLB's forecast earnings growth (9.9% per year) is above the savings rate (0.2%).

Earnings vs Market: SLB's earnings (9.9% per year) are forecast to grow slower than the German market (12.9% per year).

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

Revenue vs Market: Insufficient data to determine if SLB's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if SLB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SLB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Staatl. Mineralbrunnen performed over the past 5 years?

-1.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SLB's earnings have declined by -1.8% per year over the past 5 years.

Accelerating Growth: SLB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SLB had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Beverage industry average (-2%).


Return on Equity

High ROE: SLB's Return on Equity (4.8%) is considered low.


Return on Assets

ROA vs Industry: SLB has a higher Return on Assets than the Beverage industry average last year.


Return on Capital Employed

ROCE Improving: SLB's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Staatl. Mineralbrunnen's financial position?


Financial Position Analysis

Short Term Liabilities: SLB's short term assets (€2.9M) exceeds its short term liabilities (€2.4M)

Long Term Liabilities: SLB's short term assets (2.9M) do not cover its long term liabilities (3.8M)


Debt to Equity History and Analysis

Debt Level: SLB's debt to equity ratio (6.5%) is considered satisfactory

Reducing Debt: SLB's debt to equity ratio has reduced from 24.4% to 6.5% over the past 5 years.

Debt Coverage: Insufficient data to determine if SLB's debt is well covered by operating cash flow.

Interest Coverage: SLB's interest payments on its debt are well covered by EBIT (18.6x coverage).


Balance Sheet

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

Debt Coverage by Assets: SLB's debt is covered by short term assets (assets are 3.009290x debt).


Next Steps

Dividend

What is Staatl. Mineralbrunnen's current dividend yield, its reliability and sustainability?

1.26%

Current Dividend Yield


Dividend Yield vs Market

company1.3%marketbottom25%1.5%markettop25%3.8%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SLB's dividend (1.26%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.45%).

High Dividend: SLB's dividend (1.26%) is low compared to the top 25% of dividend payers in the German market (3.78%).

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

Growing Dividend: SLB's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (99.3%), SLB'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

What is the CEO of Staatl. Mineralbrunnen's salary, the management and board of directors tenure and is there insider trading?


CEO

Ingo Vialon 0

0yrs

Tenure

0

Mr. Ingo Vialon serves as the Chairman of Management Board of Staatl. Mineralbrunnen AG. Mr. Vialon is an Economics Graduate. 


Insider Trading

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


Management Team

  • Manfred Karl

    Member of Management Board

    • Tenure: 0yrs
  • Ingo Vialon

    Chairman of the Management Board

    • Tenure: 0yrs

Board Members

  • August von Finck (51yo)

    Member of Supervisory Board

    • Tenure: 0yrs
  • Ernst Stahl

    Vice Chairman of Supervisory Board

    • Tenure: 0yrs
  • Gerd Amtstätter (76yo)

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Astrid Kramm

    Employee Representative Member of Supervisory Board

    • Tenure: 0yrs
  • Reinhard Meier

    Member of Supervisory Board

    • Tenure: 0yrs
  • Christian Sturm

    Employee Representative Member of Supervisory Board

    • Tenure: 3.3yrs

Company Information

Staatl. Mineralbrunnen AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Staatl. Mineralbrunnen AG
  • Ticker: SLB
  • Exchange: MUN
  • Founded: 1747
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €54.756m
  • Shares outstanding: 353.27k
  • Website: https://www.badbrueckenauer.de

Number of Employees


Location

  • Staatl. Mineralbrunnen AG
  • Amand-von-Buseck-Str. 2
  • Bad Brückenau
  • 97769
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLBMUN (Boerse Muenchen)YesOrdinary SharesDEEURApr 1995

Biography

Staatl. Mineralbrunnen AG provides non-alcoholic beverages in Germany. It offers various mineral and healing waters, gourmets, soft drinks, and spritzers. The company also sells online. Staatl. Mineralbrun ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 20:40
End of Day Share Price2019/10/16 00:00
Earnings2018/12/31
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.