RheinLand Holding (DUSE:RLV) - Share price, News & Analysis

RLV fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	5/6

RLV Stock Overview

RheinLand Holding AG provides various insurance products and services for private and commercial customers in Germany and internationally.

Rewards

Trading at 59.9% below our estimate of its fair value

Pays a reliable dividend of 2.86%

Risk Analysis

Earnings have declined by 11.2% per year over past 5 years

Profit margins (1.1%) are lower than last year (2.7%)

RheinLand Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RheinLand Holding
Historical stock prices
Current Share Price	€42.00
52 Week High	€47.40
52 Week Low	€36.00
Beta	0.28
1 Month Change	-6.67%
3 Month Change	-2.33%
1 Year Change	11.70%
3 Year Change	10.53%
5 Year Change	11.41%
Change since IPO	102.00%

Recent News & Updates

Mar 12

How Does RheinLand Holding AG (DUSE:RLV) Fare As A Dividend Stock?

Is RheinLand Holding AG ( DUSE:RLV ) a good dividend stock? How can we tell? Dividend paying companies with growing...

Shareholder Returns

	RLV	DE Insurance	DE Market
7D	0%	-0.5%	-0.1%
1Y	11.7%	-10.9%	-22.0%

Return vs Industry: RLV exceeded the German Insurance industry which returned -10.9% over the past year.

Return vs Market: RLV exceeded the German Market which returned -22% over the past year.

Price Volatility

Is RLV's price volatile compared to industry and market?
RLV volatility
RLV Average Weekly Movement	5.2%
Insurance Industry Average Movement	3.7%
Market Average Movement	5.6%
10% most volatile stocks in DE Market	10.0%
10% least volatile stocks in DE Market	2.8%

Stable Share Price: RLV is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RLV's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1880	910	n/a	https://www.rheinland-versicherungsgruppe.de

RheinLand Holding AG provides various insurance products and services for private and commercial customers in Germany and internationally. It sells its products through a network of agents, customer advisors, and sales managers. RheinLand Holding AG was founded in 1880 and is based in Neuss, Germany.

RheinLand Holding Fundamentals Summary

How do RheinLand Holding's earnings and revenue compare to its market cap?
RLV fundamental statistics
Market Cap	€161.28m
Earnings (TTM)	€6.03m
Revenue (TTM)	€549.15m

26.8x

P/E Ratio

0.3x

P/S Ratio

Is RLV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RLV income statement (TTM)
Revenue	€549.15m
Cost of Revenue	€311.91m
Gross Profit	€237.23m
Other Expenses	€231.21m
Earnings	€6.03m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	1.57
Gross Margin	43.20%
Net Profit Margin	1.10%
Debt/Equity Ratio	0.0%

How did RLV perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

76%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is RLV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RLV?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for RLV. This is calculated by dividing RLV's market cap by their current preferred multiple.
What is RLV's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	€161.28m

RLV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	1877.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does RLV's PE Ratio compare to its peers?

RLV PE Ratio vs Peers

The above table shows the PE ratio for RLV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	8.7x

Forward PE

Price-To-Earnings vs Peers: RLV is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the peer average (8.7x).

Price to Earnings Ratio vs Industry

How does RLV's PE Ratio compare vs other companies in the Insurance Industry?

Price-To-Earnings vs Industry: RLV is expensive based on its Price-To-Earnings Ratio (26.8x) compared to the German Insurance industry average (13.9x)

Price to Earnings Ratio vs Fair Ratio

What is RLV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RLV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RLV's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of RLV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RLV (€42) is trading below our estimate of fair value (€104.63)

Significantly Below Fair Value: RLV is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

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

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Future Growth

How is RheinLand Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

9.4%

Forecasted Insurance industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RheinLand Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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Examine RheinLand Holding's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has RheinLand Holding performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-11.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RLV has high quality earnings.

Growing Profit Margin: RLV's current net profit margins (1.1%) are lower than last year (2.7%).

Past Earnings Growth Analysis

Earnings Trend: RLV's earnings have declined by 11.2% per year over the past 5 years.

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

Earnings vs Industry: RLV had negative earnings growth (-55.3%) over the past year, making it difficult to compare to the Insurance industry average (5.1%).

Return on Equity

High ROE: RLV's Return on Equity (2.8%) is considered low.

Discover strong past performing companies

Financial Health

How is RheinLand Holding's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: RLV's short term assets (€137.5M) do not cover its short term liabilities (€688.4M).

Long Term Liabilities: RLV's short term assets (€137.5M) do not cover its long term liabilities (€960.9M).

Debt to Equity History and Analysis

Debt Level: RLV is debt free.

Reducing Debt: RLV has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.

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

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

Balance Sheet

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Dividend

What is RheinLand Holding current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.86%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RLV's dividend (2.86%) is higher than the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: RLV's dividend (2.86%) is low compared to the top 25% of dividend payers in the German market (4.53%).

Stability and Growth of Payments

Stable Dividend: RLV's dividends per share have been stable in the past 10 years.

Growing Dividend: RLV's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (76.5%), RLV's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.9%), RLV's dividend payments are well covered by cash flows.

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Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure

CEO

RheinLand Holding has no CEO, or we have no data on them.

Leadership Team

Experienced Management: RLV's management team is considered experienced (4.4 years average tenure).

Board Members

Experienced Board: RLV's board of directors are considered experienced (7.9 years average tenure).

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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/25 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31