DUSE:RLV

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RheinLand Holding

Executive Summary

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

Rewards

Trading at 54% below our estimate of its fair value

Earnings grew by 10% over the past year

Pays a reliable dividend of 3.76%

Risk Analysis

No risks detected for RLV from our risk checks.


Snowflake Analysis

Undervalued with solid track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RLV has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.1%

RLV

-5.0%

DE Insurance

-6.9%

DE Market


1 Year Return

-5.5%

RLV

-27.9%

DE Insurance

-7.4%

DE Market

Return vs Industry: RLV exceeded the German Insurance industry which returned -26.4% over the past year.

Return vs Market: RLV underperformed the German Market which returned -3.8% over the past year.


Shareholder returns

RLVIndustryMarket
7 Day-1.1%-5.0%-6.9%
30 Day-1.1%-8.7%-7.8%
90 Day0%-13.4%-4.9%
1 Year-2.0%-5.5%-23.9%-27.9%-4.4%-7.4%
3 Year5.5%-5.2%-3.3%-15.9%-9.5%-17.5%
5 Year39.1%15.3%27.5%1.1%12.4%-3.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RLV (€34.6) is trading below our estimate of fair value (€75.19)

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


Price To Earnings Ratio

PE vs Industry: RLV is good value based on its PE Ratio (8.9x) compared to the DE Insurance industry average (9.7x).

PE vs Market: RLV is good value based on its PE Ratio (8.9x) compared to the German market (21.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RLV is good value based on its PB Ratio (0.6x) compared to the DE Insurance industry average (0.9x).


Next Steps

Future Growth

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

13.7%

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.


Next Steps

Past Performance

How has RheinLand Holding performed over the past 5 years?

5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RLV has high quality earnings.

Growing Profit Margin: RLV's current net profit margins (3.3%) are higher than last year (3.1%).


Past Earnings Growth Analysis

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

Accelerating Growth: RLV's earnings growth over the past year (10%) exceeds its 5-year average (5% per year).

Earnings vs Industry: RLV earnings growth over the past year (10%) exceeded the Insurance industry -12.4%.


Return on Equity

High ROE: RLV's Return on Equity (7.2%) is considered low.


Next Steps

Financial Health

How is RheinLand Holding's financial position?


Financial Position Analysis

Short Term Liabilities: RLV's short term assets (€120.3M) do not cover its short term liabilities (€604.5M).

Long Term Liabilities: RLV's short term assets (€120.3M) do not cover its long term liabilities (€931.1M).


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 12.7%.

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


Next Steps

Dividend

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

3.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RLV's dividend (3.76%) is higher than the bottom 25% of dividend payers in the German market (1.26%).

High Dividend: RLV's dividend (3.76%) is low compared to the top 25% of dividend payers in the German market (3.78%).


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.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.9%), RLV's dividend payments are 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

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

5.8yrs

Average management tenure


CEO

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


Leadership Team

NamePositionTenureCompensationOwnership
Christoph Buchbender
Member of the Management Boardno datano datano data
Udo Klanten
Member of the Management Boardno datano datano data
Andreas Schwarz
Head of Banking & Cooperation Sales Department and Member of the Management Board2.75yrsno datano data
Lothar Horbach
Member of the Management Board6.08yrsno datano data
Thomas Kempen
Head of Corporate Communicationsno datano datano data
Nicole Kuhnhenn
Head of the Sales Support Department 5.75yrsno datano data
René Gieling
Head of the Sales Engineering Department no datano datano data
Berend Tempelman
Head of Broker Sales in the Netherlandsno datano datano data

5.8yrs

Average Tenure

Experienced Management: RLV's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anton Werhahn
Supervisory Board Chairman6.25yrsno datano data
Wilhelm Thywissen
Supervisory Board Vice Chairman6.25yrsno datano data
Jutta Stocker
Supervisory Board Member2.75yrsno datano data
Ludwig Baum
Supervisory Board Memberno datano datano data
Jurgen Stark
Supervisory Board Memberno datano datano data
Andreas Daners
Supervisory Board Member6.25yrsno datano data

6.3yrs

Average Tenure

Experienced Board: RLV's board of directors are considered experienced (6.3 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.


Top Shareholders

Company Information

RheinLand Holding AG's company bio, employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • RheinLand Holding AG
  • RheinLandplatz
  • Neuss
  • North Rhine-Westphalia
  • 41460
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RLVDUSE (Dusseldorf Stock Exchange)YesShare CapitalDEEURNov 1993

Biography

RheinLand Holding AG provides various insurance products and services for private and commercial customers in Germany. The company was founded in 1880 and is headquartered in Neuss, Germany.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 19:35
End of Day Share Price2020/10/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.