XTRA:BEI

Stock Analysis Report

Executive Summary

Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Beiersdorf's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.3%

BEI

0.1%

DE Personal Products

1.4%

DE Market


1 Year Return

13.1%

BEI

17.8%

DE Personal Products

3.8%

DE Market

Return vs Industry: BEI underperformed the German Personal Products industry which returned 17.8% over the past year.

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


Shareholder returns

BEIIndustryMarket
7 Day2.3%0.1%1.4%
30 Day-1.7%-1.4%1.3%
90 Day-1.1%-1.7%3.1%
1 Year13.9%13.1%20.6%17.8%7.0%3.8%
3 Year34.4%31.4%49.0%38.9%18.5%8.3%
5 Year75.6%68.6%111.7%88.6%42.2%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Beiersdorf undervalued compared to its fair value and its price relative to the market?

0.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BEI (€105.75) is trading below our estimate of fair value (€106.35)

Significantly Below Fair Value: BEI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BEI is poor value based on its PE Ratio (32.5x) compared to the Personal Products industry average (21.2x).

PE vs Market: BEI is poor value based on its PE Ratio (32.5x) compared to the German market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: BEI is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: BEI is overvalued based on its PB Ratio (4.2x) compared to the XE Personal Products industry average (2.1x).


Next Steps

Future Growth

How is Beiersdorf forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEI's forecast earnings growth (8.1% per year) is above the savings rate (0.2%).

Earnings vs Market: BEI's earnings (8.1% per year) are forecast to grow slower than the German market (12.6% per year).

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

Revenue vs Market: BEI's revenue (4.7% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: BEI's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BEI's Return on Equity is forecast to be low in 3 years time (12.3%).


Next Steps

Past Performance

How has Beiersdorf performed over the past 5 years?

6.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BEI's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: BEI's earnings growth over the past year (8.2%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: BEI earnings growth over the past year (8.2%) exceeded the Personal Products industry 3.6%.


Return on Equity

High ROE: BEI's Return on Equity (13%) is considered low.


Return on Assets

ROA vs Industry: BEI has a higher Return on Assets than the Personal Products industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Beiersdorf's financial position?


Financial Position Analysis

Short Term Liabilities: BEI's short term assets (€5.0B) exceeds its short term liabilities (€2.5B)

Long Term Liabilities: BEI's short term assets (5.0B) exceeds its long term liabilities (1.1B)


Debt to Equity History and Analysis

Debt Level: BEI is debt free.

Reducing Debt: BEI had no debt 5 years ago.

Debt Coverage: BEI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BEI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if BEI's debt is covered by short term assets.


Next Steps

Dividend

What is Beiersdorf's current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

company0.7%marketbottom25%1.5%markettop25%3.8%industryaverage2.2%forecastin3Years0.7%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BEI's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: BEI's dividend (0.66%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: BEI is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: BEI is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BEI is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BEI's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Stefan De Loecker (52yo)

0.8yrs

Tenure

€2,999,000

Compensation

Mr. Stefan De Loecker has been Chairman of the Executive Board of Beiersdorf Aktiengesellschaft since January 01, 2019 and also serves as Chief Executive Officer. He serves as Member of the Executive Board ...


CEO Compensation Analysis

Compensation vs. Market: Stefan has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the German market.

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


Management Age and Tenure

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: BEI's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Age and Tenure

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: BEI's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


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

  • Manuela Rousseau (64yo)

    Head of Corporate Social Responsibility Headquarters & Member of the Supervisory Board

    • Tenure: 20.3yrs
    • Compensation: €107.75k
  • Thomas Ingelfinger (59yo)

    Member of the Executive Board

    • Tenure: 5.3yrs
    • Compensation: €1.27m
  • Ralph Gusko (58yo)

    Member of the Executive Board

    • Tenure: 8.3yrs
    • Compensation: €1.86m
  • Vincent Warnery (51yo)

    Member of the Executive Board

    • Tenure: 2.7yrs
    • Compensation: €1.57m
  • Stefan De Loecker (52yo)

    Chairman of the Executive Board & CEO

    • Tenure: 0.8yrs
    • Compensation: €3.00m
  • Zhengrong Liu (51yo)

    Labor Relations Director & Member of the Executive Board

    • Tenure: 5.3yrs
    • Compensation: €1.64m
  • Reiner Hansert (58yo)

    Director Legal Affairs Europe & Corporate Brand Protection and Member of Supervisory Board

    • Tenure: 2.5yrs
    • Compensation: €130.08k
  • Dessi Temperley (46yo)

    CFO & Member of Executive Board

    • Tenure: 1.3yrs
    • Compensation: €1.02m
  • Asim Naseer (50yo)

    Chief Marketing Officer of Consumer Brands & Member of Executive Board

    • Tenure: 0.8yrs
  • Ramon Mirt (54yo)

    Member of Executive Board

    • Tenure: 0.6yrs

Board Members

  • Reinhard Pöllath (71yo)

    Chairman of the Supervisory Board

    • Tenure: 11.5yrs
    • Compensation: €228.00k
  • Manuela Rousseau (64yo)

    Head of Corporate Social Responsibility Headquarters & Member of the Supervisory Board

    • Tenure: 20.3yrs
    • Compensation: €107.75k
  • Georg Claussen

    Honorary Chairman

    • Tenure: 0yrs
  • Michael Herz (76yo)

    Member of the Supervisory Board

    • Tenure: 15.3yrs
    • Compensation: €113.50k
  • Frédéric Pflanz (51yo)

    Member of Supervisory Board

    • Tenure: 0.5yrs
    • Compensation: €43.17k
  • Christine Martel (49yo)

    Member of the Supervisory Board

    • Tenure: 7.5yrs
    • Compensation: €164.75k
  • Martin Hansson (44yo)

    Deputy Chairman of Supervisory Board

    • Tenure: 1.5yrs
    • Compensation: €101.68k
  • Hong Chow (48yo)

    Member of the Supervisory Board

    • Tenure: 2.5yrs
    • Compensation: €107.75k
  • Reiner Hansert (58yo)

    Director Legal Affairs Europe & Corporate Brand Protection and Member of Supervisory Board

    • Tenure: 2.5yrs
    • Compensation: €130.08k
  • Jan Koltze (56yo)

    Member of Supervisory Board

    • Tenure: 0.5yrs

Company Information

Beiersdorf Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beiersdorf Aktiengesellschaft
  • Ticker: BEI
  • Exchange: XTRA
  • Founded: 1882
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: €23.986b
  • Shares outstanding: 226.82m
  • Website: https://www.beiersdorf.com

Number of Employees


Location

  • Beiersdorf Aktiengesellschaft
  • Unnastrasse 48
  • Hamburg
  • Hamburg
  • 20245
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BEIDB (Deutsche Boerse AG)YesBearer SharesDEEURJan 1992
BEIXTRA (XETRA Trading Platform)YesBearer SharesDEEURJan 1992
0DQ7LSE (London Stock Exchange)YesBearer SharesGBEURJan 1992
BDRF.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJan 1992
BEIDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJan 1992
BEIBRSE (Berne Stock Exchange)YesBearer SharesCHCHFJan 1992
BEIWBAG (Wiener Boerse AG)YesBearer SharesATEURJan 1992
BEIBIT (Borsa Italiana)YesBearer SharesITEURJan 1992
BDRF.YOTCPK (Pink Sheets LLC)UNSP ADR EACH REPR 0.20 ORDUSUSDNov 2008
BEIADB (Deutsche Boerse AG)UNSP ADR EACH REPR 0.20 ORDDEEURNov 2008

Biography

Beiersdorf Aktiengesellschaft manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consume ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 21:04
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.