Executive Summary
K+S Aktiengesellschaft, together with its subsidiaries, operates as a minerals company worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has K+S's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SDF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.1%
SDF
4.2%
DE Chemicals
3.1%
DE Market
1 Year Return
-53.8%
SDF
1.7%
DE Chemicals
14.0%
DE Market
Return vs Industry: SDF underperformed the German Chemicals industry which returned 1.7% over the past year.
Return vs Market: SDF underperformed the German Market which returned 14% over the past year.
Shareholder returns
| SDF | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | 4.2% | 3.1% |
| 30 Day | 0.4% | 2.2% | 2.3% |
| 90 Day | 21.4% | 21.0% | 18.4% |
| 1 Year | -53.6%-53.8% | 6.1%1.7% | 16.5%14.0% |
| 3 Year | -67.1%-68.2% | -17.6%-26.4% | 7.4%-1.2% |
| 5 Year | -79.3%-81.3% | -2.8%-18.7% | 23.8%7.2% |
Price Volatility Vs. Market
How volatile is K+S's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is K+S (ETR:SDF) Headed For Trouble?1 month ago | Simply Wall St
Is There An Opportunity With K+S Aktiengesellschaft's (ETR:SDF) 39% Undervaluation?1 month ago | Simply Wall St
Should You Investigate K+S Aktiengesellschaft (ETR:SDF) At €5.76?Valuation
Is K+S 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: SDF (€6.28) is trading below our estimate of fair value (€20.14)
Significantly Below Fair Value: SDF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SDF is unprofitable, so we can't compare its PE Ratio to the DE Chemicals industry average.
PE vs Market: SDF is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SDF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SDF is good value based on its PB Ratio (0.3x) compared to the DE Chemicals industry average (1.4x).
Next Steps
Future Growth
How is K+S forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
103.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SDF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: SDF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SDF's is expected to become profitable in the next 3 years.
Revenue vs Market: SDF's revenue (4.8% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: SDF's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SDF's Return on Equity is forecast to be low in 3 years time (2.2%).
Next Steps
Past Performance
How has K+S performed over the past 5 years?
-49.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SDF is currently unprofitable.
Growing Profit Margin: SDF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SDF is unprofitable, and losses have increased over the past 5 years at a rate of 49.9% per year.
Accelerating Growth: Unable to compare SDF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SDF is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-15.2%).
Return on Equity
High ROE: SDF has a negative Return on Equity (-0.94%), as it is currently unprofitable.
Next Steps
Financial Health
How is K+S's financial position?
Financial Position Analysis
Short Term Liabilities: SDF's short term assets (€1.8B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: SDF's short term assets (€1.8B) do not cover its long term liabilities (€4.5B).
Debt to Equity History and Analysis
Debt Level: SDF's debt to equity ratio (72.7%) is considered high.
Reducing Debt: SDF's debt to equity ratio has increased from 35.2% to 72.7% over the past 5 years.
Debt Coverage: SDF's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: SDF is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is K+S current dividend yield, its reliability and sustainability?
2.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SDF's dividend (2.39%) is higher than the bottom 25% of dividend payers in the German market (1.23%).
High Dividend: SDF's dividend (2.39%) is low compared to the top 25% of dividend payers in the German market (3.78%).
Stability and Growth of Payments
Stable Dividend: SDF's dividend payments have been volatile in the past 10 years.
Growing Dividend: SDF's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: SDF is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: SDF's dividends in 3 years are forecast to be well covered by earnings (37.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Burkhard Lohr (57 yo)
3.25yrs
Tenure
€4,959,900
Compensation
Dr. Burkhard Lohr has been Chairman of the Board of Executive Directors at K+S Aktiengesellschaft since May 12, 2017 and has been its Member of Board of Executive Directors since June 01, 2012 and serves a ...
CEO Compensation Analysis
Compensation vs Market: Burkhard's total compensation ($USD5.87M) is above average for companies of similar size in the German market ($USD1.49M).
Compensation vs Earnings: Burkhard's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Executive Directors | 3.25yrs | €4.96m | no data | |
| CFO & Member of Board of Executive Directors | 3.25yrs | €3.60m | no data | |
| Member of Board of Executive Directors | 7.83yrs | €2.85m | no data | |
| Labor Relations Director & Member of Board of Executive Directors | 0.75yr | no data | no data | |
| Head of Investor Relations | 0.67yr | no data | no data | |
| Head of Corporate Communications | 2.5yrs | no data | no data | |
| Head of Public Relations | no data | no data | no data | |
| Head of Public Affairs | no data | no data | no data | |
| Head of Online & Project Communications | no data | no data | no data | |
| Head of Representative Office Berlin | no data | no data | no data |
2.9yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SDF's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Supervisory Board Member | 2.25yrs | €103.75k | no data | |
| Independent Chairman of Supervisory Board | 3.25yrs | €261.50k | no data | |
| Independent Member of Supervisory Board | 17.25yrs | €133.75k | no data | |
| Employee representative Supervisory Board Member | 7.25yrs | €122.50k | no data | |
| Employee Representative Deputy Chairman of Supervisory Board | 2.25yrs | €187.50k | no data | |
| Independent Supervisory Board Member | 5.25yrs | €115.00k | no data | |
| Independent Member of Supervisory Board | 3.25yrs | €138.25k | no data | |
| Employee Representative Supervisory Board Member | 6.08yrs | €115.75k | no data | |
| Employee Representative Supervisory Board Member | 4.58yrs | €103.75k | no data | |
| Employee Representative Supervisory Board Member | 4.33yrs | €103.00k | no data | |
| Independent Member of Supervisory Board | 2.25yrs | €103.75k | no data | |
| Employee Representative Member of Supervisory Board | 2.25yrs | €123.25k | no data |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Board: SDF's board of directors are considered experienced (3.8 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
K+S Aktiengesellschaft's company bio, employee growth, exchange listings and data sources
Key Information
- Name: K+S Aktiengesellschaft
- Ticker: SDF
- Exchange: XTRA
- Founded: 1889
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: €1.202b
- Shares outstanding: 191.40m
- Website: https://www.kpluss.com
Number of Employees
Location
- K+S Aktiengesellschaft
- Bertha-von-Suttner Strasse 7
- Kassel
- Hessen
- 34131
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SDF | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jan 1992 |
| SDF | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Jan 1992 |
| 0Q2N | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| KPLU.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jan 1992 |
| SDFD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| OXSDFG | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Jan 1992 |
| SDF | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Jan 1992 |
| 13421328 | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | EUR | Jan 1992 |
| SDF | BIT (Borsa Italiana) | Yes | Bearer Shares | IT | EUR | Jan 1992 |
| KPLU.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Feb 2009 | |
| SDF1 | BST (Boerse-Stuttgart) | ADR | DE | EUR | Feb 2009 | |
| SDF1 | XTRA (XETRA Trading Platform) | ADR | DE | EUR | Feb 2009 | |
| SDF1 | DB (Deutsche Boerse AG) | ADR | DE | EUR | Feb 2009 |
Biography
K+S Aktiengesellschaft, together with its subsidiaries, operates as a minerals company worldwide. It operates through Agriculture, Industry, Consumers, and Communities segments. The Agriculture segment off ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/14 09:32 |
| End of Day Share Price | 2020/08/13 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.