Executive Summary
Aurubis AG provides non-ferrous metals worldwide.
Rewards
Risk Analysis
No risks detected for NDA from our risk checks.
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Aurubis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NDA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.6%
NDA
-4.8%
DE Metals and Mining
3.1%
DE Market
1 Year Return
68.4%
NDA
-10.3%
DE Metals and Mining
14.0%
DE Market
Return vs Industry: NDA exceeded the German Metals and Mining industry which returned -10.3% over the past year.
Return vs Market: NDA exceeded the German Market which returned 14% over the past year.
Shareholder returns
| NDA | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | -4.8% | 3.1% |
| 30 Day | 5.1% | -3.5% | 2.3% |
| 90 Day | 24.1% | 33.0% | 18.4% |
| 1 Year | 73.2%68.4% | -9.6%-10.3% | 16.5%14.0% |
| 3 Year | -7.2%-14.5% | -62.5%-63.6% | 7.4%-1.2% |
| 5 Year | 22.1%6.3% | -51.1%-53.7% | 23.8%7.2% |
Price Volatility Vs. Market
How volatile is Aurubis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Aurubis AG's (ETR:NDA) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?2 weeks ago | Simply Wall St
Market Cool On Aurubis AG's (ETR:NDA) Earnings1 month ago | Simply Wall St
How Many Aurubis AG (ETR:NDA) Shares Do Institutions Own?Valuation
Is Aurubis undervalued compared to its fair value and its price relative to the market?
9.82x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NDA (€60.64) is trading above our estimate of fair value (€19.55)
Significantly Below Fair Value: NDA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NDA is good value based on its PE Ratio (9.8x) compared to the XE Metals and Mining industry average (11.9x).
PE vs Market: NDA is good value based on its PE Ratio (9.8x) compared to the German market (21.9x).
Price to Earnings Growth Ratio
PEG Ratio: NDA is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: NDA is good value based on its PB Ratio (1x) compared to the DE Metals and Mining industry average (3.4x).
Next Steps
Future Growth
How is Aurubis forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NDA's forecast earnings growth (7.5% per year) is above the savings rate (0.2%).
Earnings vs Market: NDA's earnings (7.5% per year) are forecast to grow slower than the German market (25.2% per year).
High Growth Earnings: NDA's earnings are forecast to grow, but not significantly.
Revenue vs Market: NDA's revenue (4.3% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: NDA's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NDA's Return on Equity is forecast to be low in 3 years time (7%).
Next Steps
Past Performance
How has Aurubis performed over the past 5 years?
9.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NDA has high quality earnings.
Growing Profit Margin: NDA's current net profit margins (2.5%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: NDA's earnings have grown by 9.3% per year over the past 5 years.
Accelerating Growth: NDA's earnings growth over the past year (120.2%) exceeds its 5-year average (9.3% per year).
Earnings vs Industry: NDA earnings growth over the past year (120.2%) exceeded the Metals and Mining industry -7.8%.
Return on Equity
High ROE: NDA's Return on Equity (10%) is considered low.
Next Steps
Financial Health
How is Aurubis's financial position?
Financial Position Analysis
Short Term Liabilities: NDA's short term assets (€3.6B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: NDA's short term assets (€3.6B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: NDA's debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: NDA's debt to equity ratio has reduced from 25.5% to 18.5% over the past 5 years.
Debt Coverage: NDA's debt is well covered by operating cash flow (132.2%).
Interest Coverage: NDA's interest payments on its debt are well covered by EBIT (26.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Aurubis's current dividend yield, its reliability and sustainability?
2.06%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NDA's dividend (2.06%) is higher than the bottom 25% of dividend payers in the German market (1.23%).
High Dividend: NDA's dividend (2.06%) is low compared to the top 25% of dividend payers in the German market (3.78%).
Stability and Growth of Payments
Stable Dividend: NDA's dividends per share have been stable in the past 10 years.
Growing Dividend: NDA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.2%), NDA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NDA's dividends in 3 years are forecast to be well covered by earnings (30.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Roland Harings (57 yo)
1.08yrs
Tenure
€1,135,333
Compensation
Mr. Roland Harings serves as Chairman of the Executive Board at Aurubis AG since July 01, 2019. Mr. Harings served as Vice Chairman of the Executive Board at Aurubis AG since May 20, 2019 until June 30, 20 ...
CEO Compensation Analysis
Compensation vs Market: Roland's total compensation ($USD1.34M) is below average for companies of similar size in the German market ($USD2.54M).
Compensation vs Earnings: Insufficient data to compare Roland's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Executive Board | 1.08yrs | €1.14m | no data | |
| CFO & Member of the Executive Board | 2.58yrs | €1.21m | no data | |
| COO & Member of Executive Board | 1.83yrs | €1.03m | no data | |
| Senior Vice President of Technology | no data | no data | no data | |
| Vice President of Investor Relations & Corporate Communications | no data | no data | no data | |
| Head of Corporate Legal Affairs | no data | no data | no data | |
| Senior Vice President of Corporate Development | no data | no data | no data | |
| Senior Vice President of Corporate Energy & Climate Affairs | no data | no data | no data | |
| Head of Primary Copper Production Hamburg | no data | no data | no data | |
| Senior Vice President of Transformation & Business Improvement | no data | no data | no data | |
| Head of Research | no data | no data | no data | |
| Executive Director of Corporate Communications | no data | no data | no data |
1.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: NDA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Supervisory Board Member | 2.42yrs | €109.54k | no data | |
| Independent Chairman of the Supervisory Board | 2.42yrs | €285.00k | no data | |
| Supervisory Board Member | 11.58yrs | €114.00k | no data | |
| Independent Supervisory Board Member | 2.42yrs | €128.78k | no data | |
| Employee Representative Supervisory Board Member | 9.42yrs | €106.56k | no data | |
| Independent Supervisory Board Member | 7.5yrs | €102.00k | no data | |
| Independent Supervisory Board Member | 2.17yrs | €94.06k | no data | |
| Employee Representative Supervisory Board Member | 2.42yrs | €102.00k | no data | |
| Employee Representative Deputy Chairman of the Supervisory Board | 1.17yrs | €129.37k | no data | |
| Employee Representative Supervisory Board Member | 2.42yrs | €93.80k | no data | |
| Employee Representative Supervisory Board Member | 1.25yrs | €40.59k | no data | |
| Employee Representative Supervisory Board Member | 1.25yrs | €38.59k | no data |
2.4yrs
Average Tenure
55yo
Average Age
Experienced Board: NDA's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
Aurubis AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aurubis AG
- Ticker: NDA
- Exchange: XTRA
- Founded: 1866
- Industry: Copper
- Sector: Materials
- Market Cap: €2.681b
- Shares outstanding: 44.22m
- Website: https://www.aurubis.com
Number of Employees
Location
- Aurubis AG
- Hovestrasse 50
- Hamburg
- Hamburg
- 20539
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NDA | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jul 1998 |
| NDA | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Jul 1998 |
| 0K7F | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jul 1998 |
| AIAG.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jul 1998 |
| NDAD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jul 1998 |
| OXNDA | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Jul 1998 |
| NDA | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Jul 1998 |
| AIAG.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Apr 2009 |
Biography
Aurubis AG provides non-ferrous metals worldwide. It processes complex metal concentrates, scrap metals, and metal-bearing recycling materials to produce metals. The company produces continuous cast, direc ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/14 11:02 |
| End of Day Share Price | 2020/08/13 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/09/30 |
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.