Executive Summary
K+S Aktiengesellschaft, together with its subsidiaries, operates as a minerals company worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and overvalued.
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 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SDF's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
5.0%
SDF
-0.9%
DE Chemicals
-2.1%
DE Market
1 Year Return
25.0%
SDF
29.9%
DE Chemicals
17.6%
DE Market
Return vs Industry: SDF matched the German Chemicals industry which returned 25.2% over the past year.
Return vs Market: SDF exceeded the German Market which returned 14.6% over the past year.
Shareholder returns
| SDF | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.0% | -0.9% | -2.1% |
| 30 Day | -5.0% | 2.7% | 1.0% |
| 90 Day | 19.1% | 8.5% | 6.6% |
| 1 Year | 25.7%25.0% | 35.9%29.9% | 21.3%17.6% |
| 3 Year | -56.4%-57.8% | -3.8%-14.3% | 17.4%7.1% |
| 5 Year | -51.9%-56.4% | 41.5%18.3% | 42.8%22.5% |
Long-Term 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
3 days ago | Simply Wall St
Is K+S (ETR:SDF) Using Too Much Debt?1 month ago | Simply Wall St
Zooming in on ETR:SDF's 1.5% Dividend Yield2 months ago | Simply Wall St
Time To Worry? Analysts Just Downgraded Their K+S Aktiengesellschaft (ETR:SDF) OutlookValuation
Is K+S undervalued compared to its fair value and its price relative to the market?
0.84x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SDF (€9.24) is trading above our estimate of fair value (€2.19)
Significantly Below Fair Value: SDF is trading above our estimate of fair value.
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 (0.8x) compared to the DE Chemicals industry average (2.1x).
Next Steps
Future Growth
How is K+S forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
90.3%
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 (0.07%).
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 is expected to decline over the next 3 years (-7.8% per year).
High Growth Revenue: SDF's revenue is forecast to decline over the next 3 years (-7.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SDF is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has K+S performed over the past 5 years?
-72.5%
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 72.5% 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 (-14.3%).
Return on Equity
High ROE: SDF has a negative Return on Equity (-92.8%), 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 (€1.6B).
Long Term Liabilities: SDF's short term assets (€1.8B) do not cover its long term liabilities (€4.3B).
Debt to Equity History and Analysis
Debt Level: SDF's debt to equity ratio (155.5%) is considered high.
Reducing Debt: SDF's debt to equity ratio has increased from 36.6% to 155.5% over the past 5 years.
Debt Coverage: SDF's debt is not well covered by operating cash flow (14%).
Interest Coverage: Insufficient data to determine if SDF's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is K+S current dividend yield, its reliability and sustainability?
0.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SDF's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the German market (0.91%).
High Dividend: SDF's dividend (0.43%) is low compared to the top 25% of dividend payers in the German market (3.36%).
Stability and Growth of Payments
Stable Dividend: SDF is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: SDF is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SDF is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SDF's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Burkhard Lohr (57 yo)
3.75yrs
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 ($USD6.06M) is above average for companies of similar size in the German market ($USD1.64M).
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 | 3.75yrs | €4.96m | no data | |
| CFO & Member of Board of Executive Directors | 3.75yrs | €3.60m | no data | |
| Member of Board of Executive Directors | 8.33yrs | €2.85m | no data | |
| Labor Relations Director & Member of Board of Executive Directors | 1.25yrs | no data | no data | |
| Head of Investor Relations | 1.17yrs | no data | no data | |
| Head of Corporate Communications | 3yrs | 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 |
3.4yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SDF's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Supervisory Board Member | 2.75yrs | €103.75k | no data | |
| Independent Chairman of Supervisory Board | 3.75yrs | €261.50k | no data | |
| Independent Member of Supervisory Board | 17.75yrs | €133.75k | no data | |
| Employee representative Supervisory Board Member | 7.75yrs | €122.50k | no data | |
| Employee Representative Deputy Chairman of Supervisory Board | 2.75yrs | €187.50k | no data | |
| Independent Supervisory Board Member | 5.75yrs | €115.00k | no data | |
| Independent Member of Supervisory Board | 3.75yrs | €138.25k | no data | |
| Employee Representative Supervisory Board Member | 6.58yrs | €115.75k | no data | |
| Employee Representative Supervisory Board Member | 5.08yrs | €103.75k | no data | |
| Employee Representative Supervisory Board Member | 4.83yrs | €103.00k | no data | |
| Independent Member of Supervisory Board | 2.75yrs | €103.75k | no data | |
| Employee Representative Member of Supervisory Board | 2.75yrs | €123.25k | no data |
4.3yrs
Average Tenure
57yo
Average Age
Experienced Board: SDF's board of directors are considered experienced (4.3 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: €1.770b
- 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 |
| SDF | 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 |
| SDF N | BMV (Bolsa Mexicana de Valores) | Yes | Bearer Shares | MX | MXN | 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 | 2021/02/26 19:38 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| 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.