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thyssenkrupp

XTRA:TKA
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TKA
XTRA
€7B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The last earnings update was 65 days ago. More info.


Add to Portfolio Compare Print
  • thyssenkrupp has significant price volatility in the past 3 months.
TKA Share Price and Events
7 Day Returns
-2.1%
XTRA:TKA
-2.2%
DE Metals and Mining
-0.6%
DE Market
1 Year Returns
-50.1%
XTRA:TKA
-46.8%
DE Metals and Mining
-8.3%
DE Market
TKA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
thyssenkrupp (TKA) -2.1% -9.2% -17.5% -50.1% -42.7% -48.5%
DE Metals and Mining -2.2% -2.8% -18.6% -46.8% -33.8% -37.7%
DE Market -0.6% 1.8% -3.2% -8.3% 8.9% 10.6%
1 Year Return vs Industry and Market
  • TKA underperformed the Metals and Mining industry which returned -46.8% over the past year.
  • TKA underperformed the Market in Germany which returned -8.3% over the past year.
Price Volatility
TKA
Industry
5yr Volatility vs Market

TKA Value

 Is thyssenkrupp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of thyssenkrupp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for thyssenkrupp.

XTRA:TKA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for XTRA:TKA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.056 (1 + (1- 30%) (109.44%))
1.58
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.58
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.58 * 5.96%)
9.64%

Discounted Cash Flow Calculation for XTRA:TKA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for thyssenkrupp is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

XTRA:TKA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.64%)
2020 367.03 Analyst x3 334.75
2021 572.27 Analyst x4 476.03
2022 747.83 Est @ 30.68% 567.36
2023 908.94 Est @ 21.54% 628.94
2024 1,046.63 Est @ 15.15% 660.52
2025 1,158.33 Est @ 10.67% 666.72
2026 1,245.65 Est @ 7.54% 653.92
2027 1,312.24 Est @ 5.35% 628.29
2028 1,362.25 Est @ 3.81% 594.87
2029 1,399.51 Est @ 2.74% 557.39
Present value of next 10 years cash flows €5,768.80
XTRA:TKA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €1,399.51 × (1 + 0.23%) ÷ (9.64% – 0.23%)
€14,898.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €14,898.41 ÷ (1 + 9.64%)10
€5,933.70
XTRA:TKA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €5,768.80 + €5,933.70
€11,702.50
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €11,702.50 / 622.53
€18.8
XTRA:TKA Discount to Share Price
Calculation Result
Value per share (EUR) From above. €18.80
Current discount Discount to share price of €11.24
= -1 x (€11.24 - €18.80) / €18.80
40.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price thyssenkrupp is available for.
Intrinsic value
40%
Share price is €11.24 vs Future cash flow value of €18.8
Current Discount Checks
For thyssenkrupp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • thyssenkrupp's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • thyssenkrupp's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for thyssenkrupp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are thyssenkrupp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:TKA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €-0.49
XTRA:TKA Share Price ** XTRA (2019-07-18) in EUR €11.24
Europe Metals and Mining Industry PE Ratio Median Figure of 106 Publicly-Listed Metals and Mining Companies 9.94x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of thyssenkrupp.

XTRA:TKA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:TKA Share Price ÷ EPS (both in EUR)

= 11.24 ÷ -0.49

-22.87x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • thyssenkrupp is loss making, we can't compare its value to the Europe Metals and Mining industry average.
  • thyssenkrupp is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does thyssenkrupp's expected growth come at a high price?
Raw Data
XTRA:TKA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -22.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
73%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 63 Publicly-Listed Metals and Mining Companies 0.64x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for thyssenkrupp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on thyssenkrupp's assets?
Raw Data
XTRA:TKA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €4.17
XTRA:TKA Share Price * XTRA (2019-07-18) in EUR €11.24
Germany Metals and Mining Industry PB Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 2.81x
Germany Market PB Ratio Median Figure of 569 Publicly-Listed Companies 1.75x
XTRA:TKA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:TKA Share Price ÷ Book Value per Share (both in EUR)

= 11.24 ÷ 4.17

2.69x

* Primary Listing of thyssenkrupp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • thyssenkrupp is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess thyssenkrupp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. thyssenkrupp has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TKA Future Performance

 How is thyssenkrupp expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
73%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is thyssenkrupp expected to grow at an attractive rate?
  • thyssenkrupp's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • thyssenkrupp's earnings growth is expected to exceed the Germany market average.
  • thyssenkrupp's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
XTRA:TKA Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:TKA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 73%
XTRA:TKA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 0.8%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 48.9%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
XTRA:TKA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XTRA:TKA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 35,824 1
2022-09-30 34,821 1
2021-09-30 41,027 1,669 890 10
2020-09-30 39,759 1,580 695 14
2019-09-30 38,664 778 206 12
XTRA:TKA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 35,204 114 -306
2018-12-31 34,994 215 -165
2018-09-30 34,777 1,184 -250
2018-06-30 33,954 1,151 -355
2018-03-31 33,448 1,092 12
2017-12-31 32,000 784 -69
2017-09-30 33,993 610 -46
2017-06-30 34,788 207 219
2017-03-31 35,887 751 205
2016-12-31 38,479 535 296
2016-09-30 38,000 1,387 392
2016-06-30 38,991 866 321

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • thyssenkrupp's earnings are expected to grow significantly at over 20% yearly.
  • thyssenkrupp's revenue is expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
XTRA:TKA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from thyssenkrupp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:TKA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 1.47 1.77 1.13 7.00
2020-09-30 1.17 2.14 0.72 12.00
2019-09-30 0.62 1.26 0.27 6.00
XTRA:TKA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 -0.49
2018-12-31 -0.27
2018-09-30 -0.40
2018-06-30 -0.58
2018-03-31 0.02
2017-12-31 -0.12
2017-09-30 -0.08
2017-06-30 0.39
2017-03-31 0.36
2016-12-31 0.52
2016-09-30 0.69
2016-06-30 0.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • thyssenkrupp is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess thyssenkrupp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
thyssenkrupp has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TKA Past Performance

  How has thyssenkrupp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare thyssenkrupp's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • thyssenkrupp does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare thyssenkrupp's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare thyssenkrupp's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
thyssenkrupp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from thyssenkrupp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:TKA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 35,204.00 -306.00 4,348.00 257.00
2018-12-31 34,994.00 -165.00 4,347.00 262.00
2018-09-30 34,777.00 -250.00 4,369.00 259.00
2018-06-30 33,954.00 -355.00 4,543.00 271.00
2018-03-31 33,448.00 12.00 4,620.00 280.00
2017-12-31 32,000.00 -69.00 4,474.00 259.00
2017-09-30 33,993.00 -46.00 4,709.00 285.00
2017-06-30 34,788.00 219.00 4,879.00 310.00
2017-03-31 35,887.00 205.00 5,059.00 331.00
2016-12-31 38,479.00 296.00 5,401.00 377.00
2016-09-30 38,000.00 392.00 5,345.00 373.00
2016-06-30 38,991.00 321.00 5,384.00 356.00
2016-03-31 40,566.00 424.00 5,421.00 349.00
2015-12-31 41,973.00 349.00 5,453.00 339.00
2015-09-30 42,778.00 320.00 5,463.00 330.00
2015-06-30 43,352.00 269.00 5,450.00 327.00
2015-03-31 42,894.00 111.00 5,370.00 313.00
2014-12-31 42,168.00 332.00 5,298.00 309.00
2014-09-30 41,212.00 26.00 5,292.00 301.00
2014-06-30 39,987.00 -838.00 5,265.00 280.00
2014-03-31 39,187.00 -1,277.00 5,216.00 279.00
2013-12-31 38,458.00 -1,679.00 5,195.00 272.00
2013-09-30 38,559.00 -1,489.00 5,153.00 264.00
2013-06-30 40,032.00 -4,486.00 5,591.00 263.00
2013-03-31 40,474.00 -3,663.00 5,510.00 248.00
2012-12-31 41,129.00 -3,670.00 5,499.00 232.00
2012-09-30 41,536.00 -3,534.00 5,415.00 222.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if thyssenkrupp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if thyssenkrupp has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if thyssenkrupp improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess thyssenkrupp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
thyssenkrupp has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TKA Health

 How is thyssenkrupp's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up thyssenkrupp's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • thyssenkrupp is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • thyssenkrupp's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of thyssenkrupp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from thyssenkrupp Company Filings, last reported 3 months ago.

XTRA:TKA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 3,105.00 7,658.00 3,380.00
2018-12-31 3,423.00 6,849.00 2,778.00
2018-09-30 3,274.00 5,220.00 2,996.00
2018-06-30 3,341.00 6,944.00 3,570.00
2018-03-31 3,334.00 7,208.00 4,194.00
2017-12-31 3,280.00 7,092.00 4,061.00
2017-09-30 3,405.00 7,230.00 5,302.00
2017-06-30 2,242.00 8,297.00 2,626.00
2017-03-31 2,304.00 8,435.00 3,295.00
2016-12-31 3,274.00 7,986.00 3,075.00
2016-09-30 2,609.00 7,611.00 4,120.00
2016-06-30 2,724.00 7,870.00 3,497.00
2016-03-31 2,753.00 8,361.00 3,996.00
2015-12-31 3,355.00 8,038.00 3,995.00
2015-09-30 3,307.00 7,989.00 4,548.00
2015-06-30 3,538.00 8,515.00 4,367.00
2015-03-31 2,863.00 8,704.00 4,343.00
2014-12-31 2,907.00 7,869.00 4,010.00
2014-09-30 3,199.00 7,770.00 4,098.00
2014-06-30 3,173.00 7,645.00 3,831.00
2014-03-31 3,183.00 9,003.00 5,461.00
2013-12-31 3,273.00 8,528.00 5,512.00
2013-09-30 2,512.00 8,834.00 3,865.00
2013-06-30 2,868.00 8,403.00 4,105.00
2013-03-31 3,575.00 9,307.00 5,002.00
2012-12-31 4,235.00 8,742.00 4,547.00
2012-09-30 4,526.00 7,128.00 2,277.00
  • thyssenkrupp's level of debt (246.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (282.4% vs 246.6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • thyssenkrupp has sufficient cash runway for more than 3 years based on current free cash flow.
  • thyssenkrupp has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -10.3% each year.
X
Financial health checks
We assess thyssenkrupp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. thyssenkrupp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TKA Dividends

 What is thyssenkrupp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.33%
Current annual income from thyssenkrupp dividends. Estimated to be 1.71% next year.
If you bought €2,000 of thyssenkrupp shares you are expected to receive €27 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • thyssenkrupp's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • thyssenkrupp's dividend is below the markets top 25% of dividend payers in Germany (3.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
XTRA:TKA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

XTRA:TKA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 0.24 10.00
2020-09-30 0.19 15.00
2019-09-30 0.15 13.00
XTRA:TKA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-11-21 0.150 1.119
2017-11-22 0.150 0.695
2016-11-25 0.150 0.633
2015-12-02 0.150 0.807
2014-11-21 0.110 0.512
2013-08-14 0.000 0.000
2013-05-15 0.000 0.000
2013-02-12 0.000 0.000
2012-12-10 0.000 0.000
2012-08-10 0.450 2.671
2011-12-08 0.450 2.700
2011-12-02 0.450 2.510
2010-11-26 0.450 1.706
2009-11-13 0.300 1.246
2009-01-30 1.300 6.953

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of thyssenkrupp's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.6x coverage).
X
Income/ dividend checks
We assess thyssenkrupp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can thyssenkrupp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. thyssenkrupp has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TKA Management

 What is the CEO of thyssenkrupp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Guido Kerkhoff
COMPENSATION €3,132,000
AGE 52
TENURE AS CEO 1 years
CEO Bio

Mr. Guido Kerkhoff, also known as Bonn, has been Member of the Executive Board of ThyssenKrupp Services AG since April 1, 2011 and its Chairman of the Executive Board and Chief Executive Officer since July 13, 2018. He was the Chief Financial officer at ThyssenKrupp AG since April 2011 to February 1, 2019. He was responsible for the Corporate Centers Controlling & Risk, Accounting & Reporting, Corporate Finance, Taxes & Customs, Investor Relations, Materials Management and Mergers & Acquisitions, as well as ThyssenKrupp Risk and Insurance Services. He serves as Executive Board Member of ThyssenKrupp Technologies Beteiligungen GmbH (a/k/a Thyssenkrupp Technologies AG). Mr. Kerkhoff served as Chief Accounting Officer and Senior Executive Vice President of Deutsche Telekom AG and served as its Member of the Board of Management from March 1, 2009 to March 2011. He was responsible for managing Deutsche Telekom's subsidiaries in South Eastern Europe, which offer both fixed-network and mobile communications services. Since April 2010, he has also been responsible for mobile communications subsidiaries in the Netherlands, Austria, Poland and the Czech Republic, the joint venture in Great Britain and the international sales, service and marketing functions. Since April 2002, Mr. Kerkhoff has held various management positions in Deutsche Telekom's Finance department and since mid-2006 he served as the Head of Deutsche Telekom Group Accounting and Controlling. He began his career in Group Accounting department of VEW AG from 1995 to 1996. He then moved on to Bertelsmann AG, where he held the position of Head of Projects and General Corporate Accounting and Controlling issues for over three years. He serves as Chairman of Supervisory Board at ThyssenKrupp Industrial Solutions AG. He serves as a Member of Supervisory Board at Thyssenkrupp Nirosta Gmbh. He serves as Chairman of Supervisory Board of thyssenkrupp Elevator AG, thyssenkrupp Materials Services GmbH and thyssenkrupp Steel Europe AG. He serves as Chairman of thyssenkrupp (China) Ltd. /PR China. He served as a Director of Outokumpu Oyj since March 2012. He served as Member of Supervisory Board at Polska Telefonia Cyfrowa Sp.z o.o. and T-Mobile Polska S.A. He served as a Director of EE Limited until April 1, 2011. He served as Director of Magyar Telekom Telecommunications Public Limited Company from April 2009 to March 31, 2011. He served as a Non-Executive Director of Hellenic Telecommunications Organization SA from March 26, 2009 to March 2011. Mr. Kerkhoff holds degree in Business Administration from Universities of Bielefeld and Saarbrcken, Germany.

CEO Compensation
  • Guido's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Guido's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the thyssenkrupp management team in years:

2.9
Average Tenure
54.5
Average Age
  • The tenure for the thyssenkrupp management team is about average.
Management Team

Guido Kerkhoff

TITLE
Chairman of the Executive Board & CEO
COMPENSATION
€3M
AGE
52
TENURE
1 yrs

Oliver Burkhard

TITLE
Chief Human Resources Officer
COMPENSATION
€3M
AGE
47
TENURE
6.4 yrs

Donatus Kaufmann

TITLE
Head of Legal and Compliance & Member of the Executive Board
COMPENSATION
€3M
AGE
57
TENURE
5.4 yrs

Isolde Würz

TITLE
General Counsel
COMPENSATION
€55K
AGE
60

Johannes Dietsch

TITLE
CFO & Member of Executive Board
AGE
57
TENURE
0.4 yrs

Thomas Empelmann

TITLE
Head of Corporate Finance

Martin Holz

TITLE
Chief Information Officer and Head of Corporate Function Group Processes & Information Technology
TENURE
3 yrs

Claus Ehrenbeck

TITLE
Head of Corporate Investor Relations

Peter Sauer

TITLE
Head of External Communications

Stefan Schmitt

TITLE
Head of Corp. Function HR Strategy and Head of Corp. Function People Dev & Executives Management
AGE
43
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure and age of the thyssenkrupp board of directors in years:

6.4
Average Tenure
58
Average Age
  • The tenure for the thyssenkrupp board of directors is about average.
Board of Directors

Martina Merz

TITLE
Chairwoman of the Supervisory Board
AGE
56
TENURE
0.5 yrs

Markus Grolms

TITLE
Vice Chairman of Supervisory Board
COMPENSATION
€168K
AGE
48
TENURE
3.3 yrs

Isolde Würz

TITLE
General Counsel
COMPENSATION
€55K
AGE
60
TENURE
4.4 yrs

Bernhard Pellens

TITLE
Member of the Supervisory Board
COMPENSATION
€126K
AGE
64
TENURE
14.5 yrs

Susanne Herberger

TITLE
Employee Representative Member of Supervisory Board
COMPENSATION
€86K
AGE
55
TENURE
10.5 yrs

Peter Remmler

TITLE
Employee Representative Member of Supervisory Board
COMPENSATION
€87K
AGE
61
TENURE
10.5 yrs

Carola von Schmettow

TITLE
Member of Supervisory Board
COMPENSATION
€65K
AGE
55
TENURE
7.5 yrs

Fritz Weber

TITLE
Employee Representative Member of Supervisory Board
COMPENSATION
€61K
AGE
65
TENURE
6.5 yrs

Carsten Spohr

TITLE
Member of Supervisory Board
COMPENSATION
€53K
AGE
53
TENURE
6.3 yrs

Lothar Steinebach

TITLE
Member of Supervisory Board
COMPENSATION
€81K
AGE
71
TENURE
6.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess thyssenkrupp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. thyssenkrupp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TKA News

Simply Wall St News

Introducing thyssenkrupp (ETR:TKA), The Stock That Dropped 49% In The Last Year

Check out our latest analysis for thyssenkrupp Because thyssenkrupp is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth. … Given this lacklustre revenue growth, the share price drop of 49% seems pretty appropriate.

Simply Wall St -

Should You Buy thyssenkrupp AG (ETR:TKA) For Its 1.3% Dividend?

Dividend paying stocks like thyssenkrupp AG (ETR:TKA) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. Unfortunately, it's common for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments. With a 1.3% yield and a nine-year payment history, investors probably think thyssenkrupp looks like a reliable dividend stock. A 1.3% yield is not inspiring, but the longer payment history has some appeal. Some simple analysis can offer a lot of insights when buying a company for its dividend, and we'll go through this below. Explore this interactive chart for our latest analysis on thyssenkrupp! XTRA:TKA Historical Dividend Yield, May 10th 2019 Payout ratios Dividends are usually paid out of company earnings. If a company is paying more than it earns, then the dividend might become unsustainable - hardly an ideal situation. As a result, we should always investigate whether a company can afford its dividend, measured as a percentage of a company's net income after tax. Although thyssenkrupp pays a dividend, it was loss-making during the past year. When a company recently reported a loss, we should investigate if its cash flows covered the dividend. With a loss in the last year, it becomes even more important to evaluate if the company is generating enough cash flow to pay its dividend and meet its obligations. Last year, thyssenkrupp paid a dividend while reporting negative free cash flow. While there may be an explanation, we think this behaviour is generally not sustainable. Is thyssenkrupp's Balance Sheet Risky? Given thyssenkrupp is paying a dividend but reported a loss over the past year, we need to check its balance sheet for signs of financial distress. A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover. Net debt to EBITDA is a measure of a company's total debt. Net interest cover measures the ability to meet interest payments on debt. Essentially we check that a) a company does not have too much debt, and b) that it can afford to pay the interest. … Dividend Volatility Before buying a stock for its income, we want to see if the dividends have been stable in the past, and if the company has a track record of maintaining its dividend. … It's good to see thyssenkrupp has been growing its earnings per share at 41% a year over the past 5 years.

Simply Wall St -

Is thyssenkrupp AG (ETR:TKA) A Strong Dividend Stock?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Historically, thyssenkrupp AG (ETR:TKA) has paid a dividend to shareholders. … Let's dig deeper into whether thyssenkrupp should have a place in your portfolio.

Simply Wall St -

What Does thyssenkrupp AG's (ETR:TKA) Ownership Structure Look Like?

In this article, I'm going to take a look at thyssenkrupp AG’s (ETR:TKA) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

Can thyssenkrupp AG's (ETR:TKA) ROE Continue To Surpass The Industry Average?

and want to better understand how you can grow your money by investing in thyssenkrupp AG (ETR:TKA). … With an ROE of 16.68%, thyssenkrupp AG (ETR:TKA) outpaced its own industry which delivered a less exciting 10.81% over the past year. … With more debt, TKA can invest even more and earn more money, thus pushing up its returns.

Simply Wall St -

Is Now The Right Time To Buy thyssenkrupp AG (XTRA:TKA)?

thyssenkrupp AG (XTRA:TKA) is a stock well-positioned for future growth, but many investors are wondering whether its last closing price of €23.46 is based on unrealistic expectations. … Let’s look into this by assessing TKA's expected growth over the next few years. … thyssenkrupp's growth potential is very attractive

Simply Wall St -

Future Outlook Of The Basic Materials Industry And thyssenkrupp AG (ETR:TKA)

thyssenkrupp AG (XTRA:TKA), a €14.23B large-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … In this article, I’ll take you through the sector growth expectations, and also determine whether thyssenkrupp is a laggard or leader relative to its basic materials sector peers. … In terms of returns, thyssenkrupp generated 16.68% in the past year, which is 5.92% over the metals and mining sector.

Simply Wall St -

thyssenkrupp AG (ETR:TKA): Risks You Need To Consider Before Buying

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Therefore, investors can expect a low beta associated with the size of TKA, but a higher beta given the nature of the industry it operates in. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Does The Hype Around thyssenkrupp AG's (ETR:TKA) Growth Justify Its May Share Price?

thyssenkrupp AG (XTRA:TKA) is considered a high-growth stock, but its last closing price of €22.89 left some investors wondering if this high future earnings potential can be rationalized by its current price tag. … This tells us that thyssenkrupp is overvalued compared to the DE market average ratio of 18.45x , and overvalued based on current earnings compared to the metals and mining industry average of 12.71x. … But, since thyssenkrupp is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio.

Simply Wall St -

What Is thyssenkrupp AG's (ETR:TKA) Share Price Doing?

The company's stock saw significant share price volatility over the past couple of months on the XTRA, rising to the highs of €24.64 and falling to the lows of €20.93. … XTRA:TKA Future Profit May 2nd 18 Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. … Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations.

Simply Wall St -

TKA Company Info

Description

thyssenkrupp AG operates in the areas of components technology, elevator technology, industrial solutions, and materials services in Germany, the United States, and China. The company’s Components Technology segment provides various components for automotive, construction, and engineering sectors, as well as for wind turbines. Its Elevator Technology segment is involved in the construction, modernization, and servicing of elevators, escalators, moving walks, and stairs and platform lifts, as well as passenger boarding bridges. The company’s Industrial Solutions segment offers construction services, as well as naval shipbuilding services. Its Materials Services segment distributes materials, and provides technical services for the production and manufacturing sectors. thyssenkrupp AG was founded in 1811 and is headquartered in Essen, Germany.

Details
Name: thyssenkrupp AG
TKA
Exchange: XTRA
Founded: 1811
€6,997,256,768
622,531,741
Website: http://www.thyssenkrupp.com
Address: thyssenkrupp AG
thyssenkrupp Allee 1,
Essen,
North Rhine-Westphalia, 45143,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA TKA Common Shares XETRA Trading Platform DE EUR 25. Mar 1999
OTCPK TYEK.F Common Shares Pink Sheets LLC US USD 25. Mar 1999
DB TKA Common Shares Deutsche Boerse AG DE EUR 25. Mar 1999
LSE 0O1C Common Shares London Stock Exchange GB EUR 25. Mar 1999
SWX TK Common Shares SIX Swiss Exchange CH CHF 25. Mar 1999
BIT TKA Common Shares Borsa Italiana IT EUR 25. Mar 1999
WBAG TKR Common Shares Wiener Boerse AG AT EUR 25. Mar 1999
BUSE THYSSENKRUPP Common Shares Budapest Stock Exchange HU HUF 25. Mar 1999
BATS-CHIXE TKAD Common Shares BATS 'Chi-X Europe' GB EUR 25. Mar 1999
OTCPK TKAM.Y SPON ADR REPR 1 ORD NPV Pink Sheets LLC US USD 18. Jul 2011
BST TKA1 SPON ADR REPR 1 ORD NPV Boerse-Stuttgart DE EUR 18. Jul 2011
Number of employees
Current staff
Staff numbers
131,515
thyssenkrupp employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 21:05
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/17
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.