Executive Summary
Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and businesses in Germany, the Czech Republic, and internationally.
Rewards
Risk Analysis
No risks detected for WUW from our risk checks.
Snowflake Analysis
Undervalued established dividend payer.
Share Price & News
How has Wüstenrot & Württembergische's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WUW has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.2%
WUW
0.4%
DE Insurance
0.07%
DE Market
1 Year Return
17.9%
WUW
27.1%
DE Insurance
14.8%
DE Market
Return vs Industry: WUW underperformed the German Insurance industry which returned 29.2% over the past year.
Return vs Market: WUW exceeded the German Market which returned 16.8% over the past year.
Shareholder returns
| WUW | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 0.4% | 0.07% |
| 30 Day | -2.7% | 0.8% | 1.9% |
| 90 Day | 7.4% | 4.5% | 7.1% |
| 1 Year | 22.1%17.9% | 32.7%27.1% | 18.4%14.8% |
| 3 Year | 13.5%2.6% | 64.7%44.8% | 17.4%7.0% |
| 5 Year | 30.6%10.9% | 95.1%56.2% | 27.9%10.4% |
Price Volatility Vs. Market
How volatile is Wüstenrot & Württembergische's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What To Know Before Buying Wüstenrot & Württembergische AG (ETR:WUW) For Its Dividend3 months ago | Simply Wall St
What Did Wüstenrot & Württembergische AG's (ETR:WUW) CEO Take Home Last Year?4 months ago | Simply Wall St
Wüstenrot & Württembergische AG (ETR:WUW) Has Got What It Takes To Be An Attractive Dividend StockValuation
Is Wüstenrot & Württembergische undervalued compared to its fair value and its price relative to the market?
49.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WUW (€19.3) is trading below our estimate of fair value (€37.82)
Significantly Below Fair Value: WUW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WUW is good value based on its PE Ratio (6.9x) compared to the Insurance industry average (11.9x).
PE vs Market: WUW is good value based on its PE Ratio (6.9x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: WUW is poor value based on its PEG Ratio (6.6x)
Price to Book Ratio
PB vs Industry: WUW is good value based on its PB Ratio (0.4x) compared to the DE Insurance industry average (1.1x).
Next Steps
Future Growth
How is Wüstenrot & Württembergische forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
1.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WUW's forecast earnings growth (1% per year) is above the savings rate (-0.4%).
Earnings vs Market: WUW's earnings (1% per year) are forecast to grow slower than the German market (13.2% per year).
High Growth Earnings: WUW's earnings are forecast to grow, but not significantly.
Revenue vs Market: WUW's revenue is expected to decline over the next 3 years (-8.7% per year).
High Growth Revenue: WUW's revenue is forecast to decline over the next 3 years (-8.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WUW's Return on Equity is forecast to be low in 3 years time (5.8%).
Next Steps
Past Performance
How has Wüstenrot & Württembergische performed over the past 5 years?
-0.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WUW has high quality earnings.
Growing Profit Margin: WUW's current net profit margins (3.7%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: WUW's earnings have declined by -0.2% per year over the past 5 years.
Accelerating Growth: WUW's earnings growth over the past year (21.2%) exceeds its 5-year average (-0.2% per year).
Earnings vs Industry: WUW earnings growth over the past year (21.2%) exceeded the Insurance industry 7.8%.
Return on Equity
High ROE: WUW's Return on Equity (5.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Wüstenrot & Württembergische's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: WUW has a low level of unsold assets or inventory.
Debt Coverage by Assets: WUW's debt is covered by short term assets (assets are 10.8x debt).
Financial Institutions Analysis
Asset Level: WUW's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if WUW has a sufficient allowance for bad loans.
Low Risk Liabilities: WUW reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if WUW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: WUW has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if WUW has an appropriate level of bad loans.
Next Steps
Dividend
What is Wüstenrot & Württembergische's current dividend yield, its reliability and sustainability?
3.38%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: WUW's dividend (3.37%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: WUW's dividend (3.37%) is low compared to the top 25% of dividend payers in the German market (3.53%).
Stability and Growth of Payments
Stable Dividend: WUW's dividends per share have been stable in the past 10 years.
Growing Dividend: WUW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.4%), WUW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WUW's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).
Next Steps
Management
What is the CEO of Wüstenrot & Württembergische's salary, the management and board of directors tenure and is there insider trading?
5.8yrs
Average management tenure
CEO
Jürgen Junker (50yo)
3yrs
Tenure
€1,548,400
Compensation
Mr. Jürgen Albert Junker served as Supervisory Board Chairman and Member of Supervisory Board at Wüstenrot Bank AG Pfandbriefbank since January 01, 2017 until 2019. He serves as Supervisory Board Chairman ...
CEO Compensation Analysis
Compensation vs Market: Jürgen's total compensation ($USD1.72M) is about average for companies of similar size in the German market ($USD1.50M).
Compensation vs Earnings: Jürgen's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: WUW's management team is seasoned and experienced (5.8 years average tenure).
Board Age and Tenure
8.6yrs
Average Tenure
61yo
Average Age
Experienced Board: WUW's board of directors are considered experienced (8.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Michael Gutjahr (62yo)
Labor Director
- Tenure: 5.8yrs
- Compensation: €722.60k
Frank Weber
Deputy Chairman of the Supervisory Board
- Tenure: 8.6yrs
- Compensation: €77.80k
Matthias Schell
Head of Group Accounting
- Compensation: €12.00k
Jens Wieland (53yo)
Chief Information Officer
- Tenure: 7.5yrs
- Compensation: €787.20k
Jürgen Steffan (58yo)
Chief Risk Officer & Member of Management Board
- Tenure: 1.5yrs
Susanne Pauser
Chief Human Resources Officer
- Tenure: 5.8yrs
Jürgen Junker (50yo)
Chairman of the Management Board & CEO
- Tenure: 3yrs
- Compensation: €1.55m
Michael Ellwanger
Head of Investor Relations
Margret Obladen
Head of Group Law
Board Members
Reiner Hagemann (72yo)
Supervisory Board Member
- Tenure: 13.6yrs
- Compensation: €39.00k
Hans Sauer (78yo)
Supervisory Board Chairman
- Tenure: 14.6yrs
- Compensation: €112.50k
Marika Lulay (57yo)
Supervisory Board Member
- Tenure: 3.6yrs
- Compensation: €29.20k
Corinna Linner (61yo)
Supervisory Board Member
- Tenure: 4.6yrs
- Compensation: €47.00k
Peter Buschbeck (58yo)
Supervisory Board Member
- Tenure: 5.7yrs
- Compensation: €35.00k
Frank Weber
Deputy Chairman of the Supervisory Board
- Tenure: 8.6yrs
- Compensation: €77.80k
Ute Hobinka
Supervisory Board Member
- Tenure: 8.6yrs
- Compensation: €35.00k
Jochen Höpken
Supervisory Board Member
- Tenure: 8.6yrs
- Compensation: €30.00k
Christoph Seeger
Supervisory Board Member
- Tenure: 8.6yrs
- Compensation: €65.00k
Andreas Rothbauer
Supervisory Board Member
- Tenure: 9yrs
- Compensation: €59.00k
Company Information
Wüstenrot & Württembergische AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Wüstenrot & Württembergische AG
- Ticker: WUW
- Exchange: XTRA
- Founded: 1828
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: €1.801b
- Shares outstanding: 93.62m
- Website: https://www.ww-ag.com
Number of Employees
Location
- Wüstenrot & Württembergische AG
- Gutenbergstrasse 30
- Stuttgart
- Baden-Württemberg
- 70176
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WUW | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 1999 |
| WUW | XTRA (XETRA Trading Platform) | Yes | Ordinary Shares | DE | EUR | Sep 1999 |
| 0GJN | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Sep 1999 |
| WUW | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Sep 1999 |
| WUW | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Sep 1999 |
| WUWd | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Sep 1999 |
| WUW | ETLX (Eurotlx) | Yes | Ordinary Shares | IT | EUR | Sep 1999 |
Biography
Wüstenrot & Württembergische AG, together with its subsidiaries, provides banking and insurance products and services to private individuals and businesses in Germany, the Czech Republic, and internationally. It operates through Home Loan and Savings Bank, Life and Health Insurance, and Property/Casualty Insurance segments. The Home Loan and Savings Bank segment offers home loan savings and banking products primarily for private customers, such as home loan savings contracts, bridging loans, savings and investment products, current accounts, call money accounts, Maestro and credit cards, and mortgage and bank loans. The Life and Health Insurance segment provides life and health insurance products for individuals and groups, including classic and unit-linked life and annuity insurance, term insurance, classic and unit-linked Riester and basic pensions, and occupational disability insurance, as well as full and supplementary private health insurance and nursing care insurance. The Property/Casualty Insurance segment provides a range of insurance products for private and corporate customers, including general liability, casualty, motor, household, residential building, legal protection, transport, and technical insurance. It also engages in the property development; and provision of asset management services. The company distributes its products and services directly, as well as through partners, brokers, and in-house mobile sales force. The company was founded in 1828 and is headquartered in Stuttgart, Germany.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/19 20:57 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.