Delignit (XTRA:DLX) - Share price, News & Analysis

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

DLX Stock Overview

Rewards

Earnings have grown 6.1% per year over the past 5 years

Risk Analysis

High level of non-cash earnings

Does not have a meaningful market cap (€65M)

Delignit Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Delignit
Historical stock prices
Current Share Price	€7.90
52 Week High	€12.00
52 Week Low	€7.50
Beta	1.16
1 Month Change	1.93%
3 Month Change	-13.66%
1 Year Change	-3.07%
3 Year Change	14.49%
5 Year Change	14.49%
Change since IPO	6.76%

Recent News & Updates

Jan 25

At €8.35, Is It Time To Put Delignit AG (ETR:DLX) On Your Watch List?

Delignit AG ( ETR:DLX ), is not the largest company out there, but it received a lot of attention from a substantial...

Dec 14

Delignit's (ETR:DLX) Returns On Capital Are Heading Higher

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

	DLX	DE Forestry	DE Market
7D	-1.3%	-1.7%	-0.1%
1Y	-3.1%	-1.6%	-22.0%

Return vs Industry: DLX underperformed the German Forestry industry which returned -1.6% over the past year.

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

Price Volatility

Is DLX's price volatile compared to industry and market?
DLX volatility
DLX Average Weekly Movement	5.1%
Forestry Industry Average Movement	5.1%
Market Average Movement	5.6%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.9%

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

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

About the Company

Founded	Employees	CEO	Website
1799	391	Markus Scher	https://www.delignit-ag.de

Delignit AG, together with its subsidiaries, engages in the development, production, and sale of ecological and wood-based materials and system solutions based on natural, renewable, and CO2 neutral raw material wood in Germany. The company also manufactures and sells cargo bay protection systems and security systems for light motor vehicle to original equipment manufacturers and retrofit equipment as cargo bay floors, walls, and partition walls; cabinet systems for motor caravans; and trunk covers for passenger cars. In addition, it provides flooring solutions for automotive manufacturing plants, as well as for goods distribution centers and beech multiplex assortments; highly and medium compressed materials that are used in plant, machine, and transformer construction applications; and manufactures rail vehicles with floor system solutions for fire protection and sound insulation concepts, as well as special products for model making, musical instrument, and sport equipment.

Delignit Fundamentals Summary

How do Delignit's earnings and revenue compare to its market cap?
DLX fundamental statistics
Market Cap	€64.73m
Earnings (TTM)	€2.34m
Revenue (TTM)	€68.33m

27.7x

P/E Ratio

0.9x

P/S Ratio

Is DLX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
DLX income statement (TTM)
Revenue	€68.33m
Cost of Revenue	€42.21m
Gross Profit	€26.12m
Other Expenses	€23.79m
Earnings	€2.34m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	38.23%
Net Profit Margin	3.42%
Debt/Equity Ratio	17.0%

How did DLX perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

11%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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 DLX?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for DLX. This is calculated by dividing DLX's market cap by their current preferred multiple.
What is DLX's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	€64.73m

DLX 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	1x
Enterprise Value/EBITDA	12.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

DLX PE Ratio vs Peers

The above table shows the PE ratio for DLX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	8.3x

Forward PE

Price-To-Earnings vs Peers: DLX is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the peer average (8.3x).

Price to Earnings Ratio vs Industry

How does DLX's PE Ratio compare vs other companies in the Forestry Industry?

Price-To-Earnings vs Industry: DLX is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the European Forestry industry average (10.1x)

Price to Earnings Ratio vs Fair Ratio

What is DLX'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.

DLX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.7x
Fair PE Ratio	n/a

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

Share Price vs Fair Value

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

Below Fair Value: DLX (€7.9) is trading above our estimate of fair value (€0.51)

Significantly Below Fair Value: DLX is trading above our estimate of fair value.

Price to Earnings Growth Ratio

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

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Future Growth

How is Delignit 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

-3.8%

Forecasted Materials 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 Delignit 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 Delignit'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.
Delignit competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Delignit performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

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

6.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DLX has a high level of non-cash earnings.

Growing Profit Margin: DLX's current net profit margins (3.4%) are lower than last year (3.5%).

Past Earnings Growth Analysis

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

Accelerating Growth: DLX's earnings growth over the past year (12.2%) exceeds its 5-year average (6.1% per year).

Earnings vs Industry: DLX earnings growth over the past year (12.2%) underperformed the Forestry industry 94.4%.

Return on Equity

High ROE: DLX's Return on Equity (9.8%) is considered low.

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Financial Health

How is Delignit's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

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

Financial Position Analysis

Short Term Liabilities: DLX's short term assets (€22.1M) exceed its short term liabilities (€10.8M).

Long Term Liabilities: DLX's short term assets (€22.1M) exceed its long term liabilities (€4.9M).

Debt to Equity History and Analysis

Debt Level: DLX's net debt to equity ratio (16%) is considered satisfactory.

Reducing Debt: DLX's debt to equity ratio has reduced from 40.6% to 17% over the past 5 years.

Debt Coverage: DLX's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: DLX's interest payments on its debt are well covered by EBIT (21.9x coverage).

Balance Sheet

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Dividend

What is Delignit current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

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

0.38%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: DLX's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.47%).

High Dividend: DLX's dividend (0.38%) is low compared to the top 25% of dividend payers in the German market (4.53%).

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: DLX is not paying a notable dividend for the German market.

Cash Payout to Shareholders

Cash Flow Coverage: DLX is paying a dividend but the company has no free cash flows.

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Management

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

14.9yrs

Average board tenure

CEO

Markus Scher (49 yo)

no data

Tenure

Mr. Markus Buscher Scher serves as the President of the Management Board, Chief Executive Officer and Head of the Strategic Development, Controlling, Legal, Purchasing, IT, Production, Research & Developme...

Board Members

Experienced Board: DLX's board of directors are seasoned and experienced ( 14.9 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	2022/06/26 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31