Fresenius Medical Care KGaA
Market Cap
€20.3b
Last Updated
2021/01/23 19:18 UTC
Data Sources
Company Financials +
Executive Summary
Fresenius Medical Care AG & Co. KGaA, a kidney dialysis company, provides dialysis care and related services, and other health care services in Germany, the United States, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has Fresenius Medical Care KGaA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FME is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FME's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
FME
0.02%
DE Healthcare
1.6%
DE Market
1 Year Return
-3.9%
FME
-12.4%
DE Healthcare
3.6%
DE Market
Return vs Industry: FME exceeded the German Healthcare industry which returned -12.4% over the past year.
Return vs Market: FME underperformed the German Market which returned 3.6% over the past year.
Shareholder returns
| FME | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.02% | 1.6% |
| 30 Day | 1.8% | 0.8% | 3.7% |
| 90 Day | 0.8% | 5.3% | 12.0% |
| 1 Year | -2.3%-3.9% | -10.6%-12.4% | 7.0%3.6% |
| 3 Year | -21.4%-24.8% | -30.8%-34.2% | 5.8%-3.5% |
| 5 Year | -9.3%-15.2% | -23.4%-28.3% | 42.5%22.5% |
Long-Term Price Volatility Vs. Market
How volatile is Fresenius Medical Care KGaA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's What To Make Of Fresenius Medical Care KGaA's (ETR:FME) Returns On Capital3 weeks ago | Simply Wall St
Is It Too Late To Consider Buying Fresenius Medical Care AG & Co. KGaA (ETR:FME)?Valuation
Is Fresenius Medical Care KGaA undervalued compared to its fair value and its price relative to the market?
40.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FME (€69.22) is trading below our estimate of fair value (€116.41)
Significantly Below Fair Value: FME is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FME is good value based on its PE Ratio (15.4x) compared to the DE Healthcare industry average (19.1x).
PE vs Market: FME is good value based on its PE Ratio (15.4x) compared to the German market (24.9x).
Price to Earnings Growth Ratio
PEG Ratio: FME is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: FME is overvalued based on its PB Ratio (1.8x) compared to the DE Healthcare industry average (1.4x).
Next Steps
Future Growth
How is Fresenius Medical Care KGaA forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
9.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FME's forecast earnings growth (9.3% per year) is above the savings rate (0.07%).
Earnings vs Market: FME's earnings (9.3% per year) are forecast to grow slower than the German market (25.2% per year).
High Growth Earnings: FME's earnings are forecast to grow, but not significantly.
Revenue vs Market: FME's revenue (5% per year) is forecast to grow slower than the German market (6.1% per year).
High Growth Revenue: FME's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FME's Return on Equity is forecast to be low in 3 years time (11.4%).
Next Steps
Past Performance
How has Fresenius Medical Care KGaA performed over the past 5 years?
7.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FME has high quality earnings.
Growing Profit Margin: FME's current net profit margins (7.4%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: FME's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: FME's earnings growth over the past year (3.8%) is below its 5-year average (7.8% per year).
Earnings vs Industry: FME earnings growth over the past year (3.8%) underperformed the Healthcare industry 5.4%.
Return on Equity
High ROE: FME's Return on Equity (12.7%) is considered low.
Next Steps
Financial Health
How is Fresenius Medical Care KGaA's financial position?
Financial Position Analysis
Short Term Liabilities: FME's short term assets (€7.8B) exceed its short term liabilities (€7.0B).
Long Term Liabilities: FME's short term assets (€7.8B) do not cover its long term liabilities (€13.4B).
Debt to Equity History and Analysis
Debt Level: FME's debt to equity ratio (66.5%) is considered high.
Reducing Debt: FME's debt to equity ratio has reduced from 81.1% to 66.5% over the past 5 years.
Debt Coverage: FME's debt is well covered by operating cash flow (52.5%).
Interest Coverage: FME's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Fresenius Medical Care KGaA current dividend yield, its reliability and sustainability?
1.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FME's dividend (1.73%) is higher than the bottom 25% of dividend payers in the German market (0.98%).
High Dividend: FME's dividend (1.73%) is low compared to the top 25% of dividend payers in the German market (3.49%).
Stability and Growth of Payments
Stable Dividend: FME's dividends per share have been stable in the past 10 years.
Growing Dividend: FME's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.7%), FME's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FME's dividends in 3 years are forecast to be well covered by earnings (25.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Rice Powell (65 yo)
8yrs
Tenure
€6,867,000
Compensation
Mr. Robert Maurice Powell, Jr., also known as Rice, has been the Chief Executive Officer and Chairman of Management at Fresenius Medical Care Management AG, General Partner of Fresenius Medical Care AG & C...
CEO Compensation Analysis
Compensation vs Market: Rice's total compensation ($USD8.36M) is above average for companies of similar size in the German market ($USD5.42M).
Compensation vs Earnings: Rice's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Management Board & CEO of Fresenius Medical Care Mgmt AG | 8yrs | €6.87m | no data | |
| CFO & Member of Management Board of Fresenius Medical Care Mgmt AG | 1.17yrs | €2.13m | no data | |
| CEO of Global Mfg | 11yrs | €3.19m | no data | |
| CEO of Global R&D and Member of the Management Board - Fresenius Medical Care Mgmt AG | 7.83yrs | €2.72m | no data | |
| CEO of APAC & Member of Management Board - Fresenius Medical Care Mgmt AG | 4.75yrs | €4.59m | no data | |
| CEO of North America & Member of Management Board at Fresenius Medical Care Mgmt AG | 3.92yrs | €3.67m | no data | |
| CEO for EMEA & Member of Management Board - Fresenius Medical Care Mgmt AG | 2.33yrs | €3.13m | no data | |
| Member of Supervisory Board - FMC Management AG | no data | €79.00k | no data | |
| Global Chief Medical Officer & Member of Management board of Fresenius Medical Care Mgmt AG | 1yr | no data | no data | |
| Executive VP and Head of Investor Relations | no data | no data | no data | |
| Senior Vice President of Global Human Resources Employee Communications | no data | no data | no data | |
| Senior Vice President of Corporate Communications & Governmental Affairs | no data | no data | no data |
4.3yrs
Average Tenure
58.5yo
Average Age
Experienced Management: FME's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Honorary Chairman of Supervisory Board | 4.5yrs | no data | no data | |
| Independent Vice Chairman of Supervisory Board | 2.17yrs | €285.00k | no data | |
| Chairman of Supervisory Board | 2.67yrs | €296.00k | no data | |
| Independent Member of Supervisory Board | 14.67yrs | €245.00k | no data | |
| Independent Member of Supervisory Board | 2.25yrs | €79.00k | no data | |
| Independent Member of Supervisory Board | 4.67yrs | €139.00k | no data | |
| Independent Member of Supervisory Board | 1.67yrs | €45.00k | no data |
2.7yrs
Average Tenure
67yo
Average Age
Experienced Board: FME's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Fresenius Medical Care AG & Co. KGaA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fresenius Medical Care AG & Co. KGaA
- Ticker: FME
- Exchange: XTRA
- Founded: 1996
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: €20.272b
- Shares outstanding: 292.87m
- Website: https://www.freseniusmedicalcare.com
Number of Employees
Location
- Fresenius Medical Care AG & Co. KGaA
- Else-Kroner Strasse 1
- Bad Homburg
- Hessen
- 61352
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FMS | NYSE (New York Stock Exchange) | SPONSORED ADR | US | USD | Sep 1996 | |
| FMEA | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Sep 1996 | |
| FMCQ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 1996 |
| FME | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 1996 |
| 0H9X | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Oct 1996 |
| FME | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Oct 1996 |
| FMED | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Oct 1996 |
| FME | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Oct 1996 |
| FME N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Oct 1996 |
| FME | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Oct 1996 |
| FME | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Oct 1996 |
Biography
Fresenius Medical Care AG & Co. KGaA, a kidney dialysis company, provides dialysis care and related services, and other health care services in Germany, the United States, and internationally. It offers di...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 19:18 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.