IBU-tec advanced materials AG provides consulting, materials development, processing, and tolling services in the area of thermal processing for the chemical industry worldwide.
+ 1 more risk
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has IBU-tec advanced materials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IBU's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IBU underperformed the German Chemicals industry which returned -6.1% over the past year.
Return vs Market: IBU underperformed the German Market which returned 4.4% over the past year.
Price Volatility Vs. Market
How volatile is IBU-tec advanced materials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Kind Of Investor Owns Most Of IBU-tec advanced materials AG (ETR:IBU)?
2 weeks ago | Simply Wall StWe Think IBU-tec advanced materials (ETR:IBU) Is Taking Some Risk With Its Debt
Is IBU-tec advanced materials undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IBU (€12.6) is trading above our estimate of fair value (€8.67)
Significantly Below Fair Value: IBU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IBU is poor value based on its PE Ratio (58.2x) compared to the Chemicals industry average (19x).
PE vs Market: IBU is poor value based on its PE Ratio (58.2x) compared to the German market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: IBU is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: IBU is overvalued based on its PB Ratio (1.6x) compared to the DE Chemicals industry average (1.5x).
How is IBU-tec advanced materials forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IBU's forecast earnings growth (59.5% per year) is above the savings rate (0.2%).
Earnings vs Market: IBU's earnings (59.5% per year) are forecast to grow faster than the German market (22.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IBU's revenue (9.3% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: IBU's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IBU's Return on Equity is forecast to be low in 3 years time (3.9%).
How has IBU-tec advanced materials performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IBU has a large one-off gain of €752.0K impacting its December 31 2019 financial results.
Growing Profit Margin: IBU's current net profit margins (1.8%) are lower than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: IBU's earnings have declined by -23.4% per year over the past 5 years.
Accelerating Growth: IBU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IBU had negative earnings growth (-53.7%) over the past year, making it difficult to compare to the Chemicals industry average (-16.7%).
Return on Equity
High ROE: IBU's Return on Equity (2.7%) is considered low.
How is IBU-tec advanced materials's financial position?
Financial Position Analysis
Short Term Liabilities: IBU's short term assets (€16.8M) exceed its short term liabilities (€9.5M).
Long Term Liabilities: IBU's short term assets (€16.8M) exceed its long term liabilities (€14.3M).
Debt to Equity History and Analysis
Debt Level: IBU's debt to equity ratio (47.9%) is considered high.
Reducing Debt: IBU's debt to equity ratio has increased from 35.5% to 47.9% over the past 5 years.
Debt Coverage: IBU's debt is well covered by operating cash flow (27.7%).
Interest Coverage: IBU's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is IBU-tec advanced materials's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IBU's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.27%).
High Dividend: IBU's dividend (1.19%) is low compared to the top 25% of dividend payers in the German market (3.75%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, IBU has been paying a dividend for less than 10 years.
Growing Dividend: IBU's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.2%), IBU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IBU's dividends in 3 years are forecast to be well covered by earnings (45.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ulrich Weitz (60yo)
Mr. Ulrich Weitz has been the Owner and Chief Executive Officer at IBU-tec advanced materials AG since 2000 and serves as its Chairman of the Management Board. After completing his studies, Mr. Weitz worke ...
|Owner, CEO & Chairman of the Management Board||20.42yrs||no data||39.69% €20.0m|
|CFO & Member of the Management Board||no data||no data||no data|
|Chief Sales Officer & Member of Management Board||0.083yr||no data||no data|
|Head of Sales & Technology||0.92yr||no data||no data|
|Head of IR & General Counsel||0.92yr||no data||no data|
|Head of Business Development & Sales||no data||no data||no data|
|Head of Engineering & Facilities Management||no data||no data||no data|
|Group Senior Vice President of Business Development||0.92yr||no data||no data|
Experienced Management: IBU's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IBU-tec advanced materials AG's company bio, employee growth, exchange listings and data sources
- Name: IBU-tec advanced materials AG
- Ticker: IBU
- Exchange: XTRA
- Founded: 1885
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: €50.400m
- Shares outstanding: 4.00m
- Website: https://www.ibu-tec.de
Number of Employees
- IBU-tec advanced materials AG
- Hainweg 9-11
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IBU||DB (Deutsche Boerse AG)||Yes||Ordinary Bearer Shares||DE||EUR||Mar 2017|
|IBU||XTRA (XETRA Trading Platform)||Yes||Ordinary Bearer Shares||DE||EUR||Mar 2017|
IBU-tec advanced materials AG provides consulting, materials development, processing, and tolling services in the area of thermal processing for the chemical industry worldwide. It also offers contract manufacturing services. The company was founded in 1885 and is headquartered in Weimar, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 00:45|
|End of Day Share Price||2020/06/05 00:00|
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.